SKP
SKP Bearing financials
- Market cap
- ₹252 Cr
- Sector
- Capital Goods
- Calls analysed
- 5
SKP Bearing Q1 FY27
What went well
- Year-on-year growth in operations, EBITDA, and PAT from Q1 FY26 to Q1 FY27.
- Positive flow and improvement in the defense and aerospace sector, with approval process ongoing for a major entity.
- Ball plant utilization expected to improve from 17% in Q1 FY27 to between 17% and 50% in Q2 FY27.
What to watch
- Interest costs increased due to borrowing and one-time financial costs, leading to a drop in PAT margin.
- Consolidated EBITDA margin saw a slight drop due to total expenditure.
Guidance record · Q1 FY27
what the last two calls moved 11 tracked 0 delivered 4 missed 7 open- Consolidated Revenue missed said Q1 FY26 Promised: 100 plus for this particular year [FY26] Q1 FY27: FY26 has concluded. Management did not report achieving this target. Given the 'at_risk' status in prior quarters, it is presumed missed.
- France Subsidiary Profitability delayed said Q4 FY25 Promised: Turn around in next year for '26-'27 for France entity Q1 FY27: Management now expects break-even 'at the end of the year' (Q4 FY27), pushing the timeline to the very end of the original FY27 target window.
- Domestic Business Revenue open said Q1 FY27 Promised: The INR110 crore target is as per our projections and as per the current demand and visibility which we are seeing. Q1 FY27: Targeting INR 110 crore revenue for the domestic business in FY27.
All 11 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue down 0.0%, net profit down 89.5% against the same quarter last year.
| Line item | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|
| Revenue | 22 | 18 | 25 | 38 | 22 −0% |
| EBITDA | 3 | 5 | 1 | 1 | 2 −6% |
| Net profit | 0 | 3 | -1 | -1 | 0 −89% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −26.0% 1Y
1Y: ₹231 on 10 Sept 2025 → ₹171. High ₹235 (11 Sept 2025), low ₹140 (30 Mar 2026).
How the price took the results
close before → close after
- Q1 FY27
- +2.7%
- 18 Aug
- Q3 FY26
- −0.6%
- 19 Feb
- Q2 FY26
- +1.4%
- 14 Nov
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
| Year ending | FY26 |
|---|---|
| Revenue | ₹103 Cr |
| Operating profit | ₹10 Cr |
| Operating margin | 9.6% |
| Interest | ₹3 Cr |
| Depreciation | ₹5 Cr |
| Net profit | ₹1 Cr |
| Net margin | 0.9% |
| Cash from operations | ₹1 Cr |
| Free cash flow | ₹-8 Cr |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Equity capital | ₹17 Cr | ₹17 Cr | ₹17 Cr |
| Reserves | ₹34 Cr | ₹34 Cr | ₹31 Cr |
| Borrowings | ₹25 Cr | ₹35 Cr | ₹41 Cr |
| Other liabilities | ₹15 Cr | ₹20 Cr | ₹23 Cr |
| Total liabilities | ₹90 Cr | ₹105 Cr | ₹111 Cr |
| Fixed assets | ₹32 Cr | ₹62 Cr | ₹62 Cr |
| Capital work in progress | ₹19 Cr | ₹0 Cr | ₹2 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹39 Cr | ₹43 Cr | ₹47 Cr |
| Total assets | ₹90 Cr | ₹105 Cr | ₹111 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, DIIs trimmed −3.03 pp while the public added +2.69 pp. The shareholder count shrank 1% to 1,559.
- Promoters
- 74.9%
- FIIs
- 0.1%
- Public
- 25.0%
Since Jun 2025
- DIIs −3.03 pp
- Public +2.69 pp
- Promoters +0.22 pp
How it drifted, 11 quarters
Over this window the public fell from 26.5% to 25.0% — −1.5 pp.
Ownership split by quarter, oldest first. Sep '22: Promoters 73.5%, Public 26.5%.Mar '23: Promoters 73.5%, DIIs 1.3%, Public 25.3%.Sep '23: Promoters 73.5%, DIIs 1.3%, Public 25.2%.Mar '24: Promoters 73.5%, DIIs 1.3%, Public 25.2%.Sep '24: Promoters 74.5%, DIIs 1.5%, Public 24.0%.Dec '24: Promoters 74.5%, DIIs 2.0%, Public 23.5%.Mar '25: Promoters 74.7%, DIIs 2.8%, Public 22.5%.Jun '25: Promoters 74.7%, DIIs 3.0%, Public 22.3%.Sep '25: Promoters 74.8%, DIIs 3.0%, Public 22.2%.Mar '26: Promoters 74.9%, FIIs 0.1%, DIIs 2.4%, Public 22.6%.Jun '26: Promoters 74.9%, FIIs 0.1%, Public 25.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Koushik Sekhar newly disclosed 1.14% held
The same filing shows 0 holders trimming and 4 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of SKP Bearing above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Sangita Shrinand Palshikar | 37.52% | unchanged |
| Shrinand Kamlakar Palshikar | 37.11% | unchanged |
| Koushik Sekhar | 1.14% | newly disclosed |
| Shrichi Shrinand Palshikar | 0.13% | unchanged |
| Shripada Pankaj Patil | 0.07% | unchanged |
| Pankaj Prafullakumar Patil | 0.05% | unchanged |
| Vikrant Saharan | 0.03% | unchanged |
| Bharatkumar Indravadan Bhai Jani | 0.00% | unchanged |
| Individual | — | off the list |
| India Equity Fund 1 AIF | — | off the list |
| Body Corporate | — | off the list |
| Non Resident Indians | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
All earnings calls (5)
Read the Q1 FY27 call →Learn to analyse SKP Bearing
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