What we do SKF India Ltd pioneers in manufacturing ball bearings and related products, serving automotive and industrial sectors with comprehensive engineering solutions across multiple technology platforms. |
Founded in 1,961 |
Market share One of India's leading bearing manufacturers with a strong presence in both automotive and industrial segments serving over 40 industries globally. |
Problem solved Improves machinery and vehicle efficiency by reducing friction, enhancing reliability and longevity of components through innovative bearing and lubrication solutions. |
Top clients or who we serve Serves automotive, agriculture, construction, food & beverage, oil & gas, metals, and industrial sectors; operates in B2B markets globally. |
Key management Mukund Vasudevan (MD), Shailesh Kumar Sharma (Whole-time Director) - experienced leadership driving innovation and strategic growth. |
Our journey and innovations Since 1965, continuous growth with new plants, technology centers, and sustainability initiatives including renewable energy and product innovations. |
Where we operate Manufacturing in Pune, Bangalore, Haridwar; markets domestic India and exports internationally. |
Top products or what we offer Deep groove ball bearings, seals, mechatronics, lubrication systems, and customized engineering services targeting automotive and industrial clients. |
Top brands SKF is a globally recognized leading brand in bearings and associated products, known for technology leadership and quality. |
Raw materials needed Steel and specialty alloys for bearing and component manufacturing. |
Raw materials supplier Sourced from established steel and alloy suppliers, including Indian steel manufacturers focused on sustainability. |
Recurring vs cyclical contribution Revenue is a mix of recurring sales and cyclical demand based on industrial and automotive production cycles. |
Our industry position Market leader in ball bearings and related components within India and significant exporter to global markets. |
Financial highlights FY2025 revenue at INR 49,199 million with net profit of INR 5,658 million showing steady growth. |
Geographical revenue split Approximately 90% revenue from domestic India, 10% from exports. |
Order book - |
Whats driving growth Growth driven by industrial expansion, automotive sector demands, renewables, and sustainability-oriented product innovation. |
Our future plans Demerging industrial business to enhance strategic focus, investing in green manufacturing and digital solutions. |
Our green promise Committed to net-zero emissions by 2030, using renewable energy, waste recycling and circular manufacturing initiatives. |
Our people and values 1700+ employees with culture emphasizing integrity, safety, continuous improvement, and diversity. |
Key challenges ahead Managing business split complexities, competitive pressures and volatile raw material costs. |
Interesting facts Operates one of India's largest rooftop solar installations and extensive circular economy projects reducing carbon footprint. |
Risks and strategy Mitigates market cyclicality and supply risks through diversified portfolio, innovation, and operational excellence. |
