SKP Bearing

Why is SKP Bearing Industries Ltd falling/rising?

As of 11-Jun, SKP Bearing Industries Ltd's stock price is declining at 148.00, with a year-to-date drop of 15.43% and a 35.65% decrease over the past year. High debt levels and low profitability metrics raise investor concerns about the company's long-term growth prospects.

As of 11-Jun, SKP Bearing Industries Ltd is experiencing a decline in its stock price, currently at 148.00, which reflects a change of -2.0 (-1.33%). The stock has underperformed significantly over various time periods, with a year-to-date decline of 15.43% and a staggering 35.65% drop over the past year. This poor performance is compounded by a high Debt to EBITDA ratio of 4.19 times, indicating a low ability to service debt, which raises concerns among investors.<BR><BR>Additionally, the company's Return on Equity (ROE) is low at 3.83%, suggesting limited profitability per unit of shareholders' funds. The operating profit has also seen a drastic annual decline of 43.24% over the last five years, further signaling poor long-term growth prospects. The stock's performance today, while outperforming its sector by 1.3%, is overshadowed by its overall trend of trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages.<BR><BR>Investor participation has also decreased, with delivery volume falling by 55.36% against the 5-day average, indicating a lack of confidence in the stock. Overall, the combination of declining profitability, high debt levels, and poor long-term growth prospects contributes to the stock's downward trajectory.

What does SKP Bearing do?

SKP Bearing Industries Ltd is a micro-cap company in the auto components sector, established in 1991 and converted to a private limited company in 2022, with recent quarterly net sales of 38 Cr and a net profit of -1 Cr as of March 2026. Key financial metrics include a market cap of INR 246 Cr, a P/E ratio of 268, and a dividend yield of 0.75%.

Overview: <BR>SKP Bearing Industries Ltd operates in the auto components and equipment industry and is classified as a micro-cap company.<BR><BR>History: <BR>The company was originally established as a partnership firm in 1991 and was later converted into a private limited company in 2022. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 38 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: -1 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 246 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 268.00 <BR>Industry P/E: 49 <BR>Dividend Yield: 0.75% <BR>Debt-Equity: 0.87 <BR>Return on Equity: 1.87% <BR>Price to Book: 5.19<BR><BR>Contact Details: <BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

Which are the latest news on SKP Bearing?

How big is SKP Bearing?

As of 10th June, SKP Bearing Industries Ltd has a market capitalization of 246.00 Cr and reported net sales of 102.72 Cr and net profit of 0.93 Cr over the latest four quarters. Shareholder's funds are 51.18 Cr, with total assets valued at 96.75 Cr as of March 2025.

As of 10th June, <BR><BR>Market Cap: SKP Bearing Industries Ltd has a market capitalization of 246.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 102.72 Cr, while the sum of Net Profit for the same period is 0.93 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds stand at 51.18 Cr, and Total Assets are valued at 96.75 Cr.

Who are in the management team of SKP Bearing?

The management team of SKP Bearing includes Shrinand Kamlakar Palshikar (Chairman/Executive Director), Sangita Shrinand Palshikar (Non-Executive & Non-Independent Director), Rajeev Vinayak Lokare (Independent Non-Executive Director), and Kishorbhai Chhanalal Parikh (Independent Non-Executive Director).

The management team of SKP Bearing includes the following individuals:<BR><BR>1. **Shrinand Kamlakar Palshikar** - Chairman / Executive Director<BR>2. **Sangita Shrinand Palshikar** - Non-Executive & Non-Independent Director<BR>3. **Rajeev Vinayak Lokare** - Independent Non-Executive Director<BR>4. **Kishorbhai Chhanalal Parikh** - Independent Non-Executive Director<BR><BR>If you need more information about their roles or the company, feel free to ask!

Who are the peers of the SKP Bearing?

SKP Bearing's peers include PPAP Automotive, Remsons Ind., Sundaram Brake, Menon Pistons, Bimetal Bearings, and others. In terms of management risk, growth, and capital structure, SKP Bearing is rated average, with a 1-year return of -34.78%, better than Remsons Ind. but worse than PPAP Automotive.

Peers: The peers of SKP Bearing are PPAP Automotive, Remsons Ind., Sundaram Brake, Menon Pistons, Bimetal Bearings, Pritika Auto, Thaai, Setco Automotive, Talbros Engg., and Emmforce Auto.<BR><BR>Quality Snapshot: Excellent management risk is observed at Menon Pistons, Bimetal Bearings, Setco Automotive, Talbros Engg., and Emmforce Auto, while Average management risk is found at PPAP Automotive, Remsons Ind., Sundaram Brake, SKP Bearing, Pritika Auto, Thaai, and the rest. Growth ratings show Good growth at Bimetal Bearings, while Below Average growth is noted at PPAP Automotive, Remsons Ind., Sundaram Brake, SKP Bearing, Menon Pistons, Pritika Auto, Thaai, Setco Automotive, Talbros Engg., and Emmforce Auto. For Capital Structure, Excellent ratings are seen at Menon Pistons and Bimetal Bearings, while Below Average ratings are present at PPAP Automotive, Sundaram Brake, SKP Bearing, Pritika Auto, Thaai, Setco Automotive, Talbros Engg., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is PPAP Automotive at -7.87%, while Remsons Ind. has the lowest at -41.35%. SKP Bearing's 1-year return of -34.78% is better than Remsons Ind. but worse than PPAP Automotive. Additionally, peers with negative six-month returns include Remsons Ind., SKP Bearing, and Thaai.

Should I buy, sell or hold SKP Bearing Industries Ltd?

How has been the historical performance of SKP Bearing?

SKP Bearing's historical performance shows increased net sales from 51.66 Cr in March 2024 to 70.33 Cr in March 2025, but profitability declined significantly, with profit after tax dropping from 10.68 Cr to 2.97 Cr. Overall, the company faced challenges despite higher sales, reflected in decreased operating profit and cash flow.

Answer:<BR>The historical performance of SKP Bearing shows significant changes between the fiscal years ending March 2024 and March 2025.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, SKP Bearing reported net sales of 70.33 Cr, an increase from 51.66 Cr in March 2024. Total operating income also rose to 70.33 Cr from 51.66 Cr, while total expenditure, excluding depreciation, increased to 59.29 Cr from 34.21 Cr. The operating profit (PBDIT) decreased to 11.75 Cr from 17.71 Cr, leading to a decline in profit before tax to 7.34 Cr from 15.28 Cr. Consequently, the profit after tax fell sharply to 2.97 Cr compared to 10.68 Cr in the previous year. The earnings per share (EPS) also dropped to 1.79 from 6.43. On the balance sheet, total liabilities rose to 96.75 Cr from 90.27 Cr, with total assets increasing to the same figure. The book value per share adjusted slightly to 30.83 from 30.24. Cash flow from operating activities decreased to 5.00 Cr from 6.00 Cr, and the company experienced a net cash outflow of 2.00 Cr, contrasting with a net inflow of 2.00 Cr in the prior year. Overall, the financial metrics indicate a challenging year for SKP Bearing, marked by declining profitability despite increased sales.

Who are the top shareholders of the SKP Bearing?

The top shareholder of SKP Bearing is Sangita Shrinand Palshikar, holding 37.52%. The company has no pledged promoter holdings, no mutual fund or FII investments, and individual investors own 17.43%, with India Equity Fund 1 as the largest public shareholder at 2.84%.

The top shareholders of SKP Bearing include the promoters, with Sangita Shrinand Palshikar holding the highest stake at 37.52%. There are no pledged promoter holdings, and the company does not have any mutual fund or foreign institutional investor (FII) holdings. The highest public shareholder is India Equity Fund 1, which holds 2.84%. Additionally, individual investors collectively own 17.43% of the company.

Is SKP Bearing overvalued or undervalued?

As of May 29, 2025, SKP Bearing is considered very expensive and overvalued with a PE ratio of 127.66, significantly higher than its peers, and its return metrics do not justify this valuation, despite a recent short-term outperformance.

As of 29 May 2025, SKP Bearing's valuation grade has moved from does not qualify to very expensive. The company is currently overvalued, with a PE ratio of 127.66, a Price to Book Value of 7.55, and an EV to EBITDA ratio of 36.36. In comparison, its peers such as Schaeffler India Ltd. and Timken India Ltd. have significantly lower PE ratios of 68.74 and 55.53, respectively, indicating that SKP Bearing's valuation is not justified relative to its industry.<BR><BR>The company's return metrics also reflect its overvaluation, with a ROCE of 11.85% and a ROE of 5.92%, which are not compelling enough to support such a high valuation. Additionally, while SKP Bearing has outperformed the Sensex over the past week with a return of 3.72% compared to 1.63%, its year-to-date performance shows a decline of 11.06%, further reinforcing the notion that the stock is overvalued in the current market context.

What is the technical trend for SKP Bearing?

As of June 5, 2025, SKP Bearing's technical trend is mildly bearish, driven by bearish moving averages and MACD readings, despite some mixed signals from other indicators.

As of 5 June 2025, the technical trend for SKP Bearing has changed from mildly bullish to mildly bearish. The weekly MACD is bearish, and the monthly MACD is mildly bearish, indicating a weakening momentum. The daily moving averages are also bearish, reinforcing the negative sentiment. While the KST on a weekly basis is bullish, the overall indicators suggest a lack of strong upward momentum. The Bollinger Bands show a sideways trend on the weekly and mildly bearish on the monthly, indicating limited price movement. The Dow Theory reflects a mildly bullish stance on the weekly but no trend on the monthly, suggesting mixed signals. Overall, the current technical stance is mildly bearish, driven primarily by the bearish moving averages and MACD readings.

When is the next results date for SKP Bearing?

No Upcoming Board Meetings

Has SKP Bearing declared dividend?

Yes, SKP Bearing Industries Ltd has declared an 11% dividend, amounting to ₹1.1 per share, with an ex-date of August 23, 2024. While the recent 6-month performance shows a decline of -4.27%, the 2-year total return was positive at 42.28%.

SKP Bearing Industries Ltd has declared an 11% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 11%<BR>- Amount per share: 1.1<BR>- Ex-date: 23 Aug 24<BR><BR>Dividend Yield: 0.48%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -4.27%, the dividend return was 0%, resulting in a total return of -4.27%.<BR><BR>Over the past year, the price return was 5.8%, with a dividend return of 0.50%, leading to a total return of 6.3%.<BR><BR>In the 2-year period, the price return was 41.54%, the dividend return was 0.74%, culminating in a total return of 42.28%.<BR><BR>For the 3-year period, there was no price return, no dividend return, and thus a total return of 0.0%.<BR><BR>In the 4-year period, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>Lastly, in the 5-year period, there was no price return, no dividend return, leading to a total return of 0.0%.<BR><BR>Overall, SKP Bearing has declared a dividend, which reflects positively on its recent performance, especially over the longer 2-year period where total returns were significantly positive. However, the recent 6-month performance shows a decline, indicating volatility in the short term.