SKF India Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27
Updated: 7 Oct 2026 • 3:19 pm
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SKF India Rs 1,461.90 (6 Oct 2026 close). 52-week range Rs 1,404.00 to Rs 2,266.40 since the Oct 2025 demerger. Q1 FY27 revenue Rs 587.8 cr, up 27% like for like; profit Rs 61.9 cr.
Quick Answer
The SKF India share price target for 2026 is Rs 1,344 to Rs 1,624, which is between 8 percent below and 11 percent above the last close of Rs 1,461.90, with bull and bear cases of Rs 2,030 to Rs 2,310 and Rs 840 to Rs 1,008. SKF India, now a pure automotive bearings company after its industrial business demerged on 1 October 2025, reported Q1 FY27 revenue up 27.1 percent like for like to Rs 587.8 crore and PBT up 32.7 percent to Rs 83.8 crore. Reported profit of Rs 61.9 crore looks 47.6 percent lower only because last year included the industrial arm, EBITDA rose about 540 basis points from the previous quarter, and the stock trades at 34 times earnings with a 2.7 percent yield. No brokerage price target was available on the sources we track as of 6 October 2026, so every range below is a Univest research scenario.
The SKF India share price target for 2026 is Rs 1,344 to Rs 1,624 in the Univest base case, with the stock at Rs 1,461.90 at the 6 October 2026 close. That is 35.5 percent below its 52-week high of Rs 2,266.40 and 4.1 percent above its 52-week low of Rs 1,404.00, and the stock moved down 33.5 percent over the past year. SKF India is the automotive bearings business of the SKF group in India, with AB SKF holding about 52.6 percent. Its industrial business now trades separately as SKF India (Industrial). Debt to equity is 0.00 and the dividend yield is 2.74 percent.
Three things changed since the last update: Q1 FY27 results on 12 August were the first full quarter as a pure automotive company, the stock jumped about 12 percent on the results, and it fell 5.8 percent in the week of 28 September. This SKF India stock analysis covers the SKF India share price today, the SKF India share price target for 2026, 2027 and 2030, the Q1 FY27 numbers, catalysts and risks, key price levels and a SKF India buy or sell view.
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What Is the SKF India Share Price Target for 2026?
The 2026 target for SKF India shares is Rs 1,344 to Rs 1,624 in the Univest base case, which is -8.1% to +11.1% against the last close. The bull case is Rs 2,030 to Rs 2,310 and the bear case is Rs 840 to Rs 1,008. No brokerage price target was available on the sources we track as of 6 October 2026, so every range below is a Univest research scenario. Analyst consensus is used as a cross-check, not as the base.
SKF India Share Price Target Scenarios: Bull Case, Base Case and Bear Case
| Scenario | FY28E EPS | Target Multiple | Price Target (Rs) | Move vs Rs 1,461.90 |
|---|---|---|---|---|
| Bull Case | Rs 70 | 29x to 33x | 2,030 to 2,310 | +38.9% to +58.0% |
| Base Case | Rs 56 | 24x to 29x | 1,344 to 1,624 | -8.1% to +11.1% |
| Bear Case | Rs 42 | 20x to 24x | 840 to 1,008 | -42.5% to -31.0% |
FY28 EPS of Rs 56 in the base case compares with trailing EPS of Rs 42.41 and Q1 EPS of about Rs 12.50, and assumes revenue growth near 15 percent with EBITDA margin recovering from demerger costs. Automotive component names trade at 24 to 29 times earnings, and the stock trades at about 26 times the base estimate. The 52-week figures here start after the demerger, because the raw price feed shows a 54 percent drop on 15 October 2025 that was a price adjustment and not a market fall. The PE multiple used for each case is shown in the table, and the EPS estimate is a Univest assumption, not company guidance. Those assumptions set the SKF India share price target range around the current price.
SKF India Company Overview and Share Price Today as of 6 October 2026
SKF India share price today is Rs 1,461.90 on the NSE at the 6 October 2026 close, before the market opens on 7 October. The market capitalisation is Rs 7,220 crore, and the stock trades at 34.4 times earnings against an industry average of 46.4 times. The Univest base case SKF India share price target of Rs 1,344 to Rs 1,624 is -8.1% to +11.1% from here. The table below sets out the key numbers behind the SKF India share price target.
| Parameter | Value | Context |
|---|---|---|
| NSE Ticker | SKFINDIA | BSE code 500472 |
| Sector | Automotive bearings | Per Univest sector classification |
| Last Close (NSE) | Rs 1,461.90 | 6 Oct 2026 close |
| 52-Week High | Rs 2,266.40 | CMP is 35.5% below |
| 52-Week Low | Rs 1,404.00 | CMP is 4.1% above |
| 1-Year Return | About -34% | Weekly close Rs 2,199.30 on 24 Oct 2025 to Rs 1461.9 |
| Market Capitalisation | Rs 7,220 crore | Small cap automotive bearings company |
| Trailing P/E | About 34.4x | Industry P/E about 46.40x |
| P/B Ratio | About 5.43x | Book value Rs 268.91 per share |
| EPS (TTM) | Rs 42.41 | Trailing twelve months |
| Return on Equity | About 20.0% | Debt to equity 0.00 |
| Dividend Yield | About 2.74% | Final dividend paid for FY26 |
| 12-Month Target (Base Case) | Rs 1,344 to Rs 1,624 | Univest base case |
| Bull Case | Rs 2,030 to Rs 2,310 | +38.9% to +58.0% |
| Bear Case | Rs 840 to Rs 1,008 | -42.5% to -31.0% |
Track live price, fundamentals and results for SKF India on the Univest Screener.
How Did SKF India Perform in Q1 FY27?
SKF India reported Q1 FY27 revenue of Rs 587.8 crore, up 27.1 percent on a comparable basis, and profit before tax of Rs 83.8 crore, up 32.7 percent. Profit after tax was about Rs 61.9 crore, up about 2 percent like for like. Together these Q1 FY27 numbers anchor the SKF India share price target.
| Metric | Q1 FY27 | Context |
|---|---|---|
| Revenue | Rs 587.8 crore | Up 27.1% like for like |
| Profit Before Tax | Rs 83.8 crore | Up 32.7% like for like |
| Profit After Tax | About Rs 61.9 crore | Up about 2% like for like |
| Reported Profit Change | Down 47.6% | Last year included industrial arm |
| Demerger Date | 1 October 2025 | Ratio of 1:1 into SKF India (Industrial) |
| FY27 Capex | Rs 170 to 180 crore | Planned |
Revenue growth came from two and three wheelers, passenger vehicles and commercial vehicles in domestic and export markets. Q2 FY26 had Rs 257.4 crore of exceptional demerger expenses, and the company plans up to Rs 410 to 510 crore of automotive capex by 2030. The FY27 outlook from management is the main input for these estimates. These numbers sit behind every range in the scenario table above, so they anchor the SKF India share price target.
Why Is SKF India Share Price Down 34 Percent Since the Demerger?
SKF India shares are about 34 percent below the first post-demerger weekly close of Rs 2,199.30 in the week of 20 October 2025, and only 4 percent above the Rs 1,404 low of the week of 30 March 2026. The raw feed shows a 54 percent drop in the week of 13 October 2025, which was the price adjustment for the demerger and not a market fall.
The stock slid through winter on weak sentiment, spiked to Rs 1,716.90 in the week of 10 August on 15.6 lakh shares after Q1 results and fell back to Rs 1,430 by the week of 5 October. It closed at Rs 1,461.90. The SKF India share price target scenarios below account for that move.
Key Catalysts for the SKF India Share Price Target in 2026
4 catalysts matter most for the SKF India share price target, and sector tailwinds in Automotive bearings are part of the case. Together they decide whether the base case is reached.
1. Automotive Demand
Two and three wheelers, passenger vehicles and commercial vehicles all drove growth. Revenue rose 27 percent like for like. If it plays out, the SKF India share price target moves toward the top of the base range.
2. Margin Recovery
EBITDA rose about 540 bps from the previous quarter after demerger costs. Clean quarters would lift profit. Strength here would support the upper end of the SKF India share price target.
3. Capex
The company plans Rs 170 to 180 crore of capex in FY27 and up to Rs 510 crore by 2030. New capacity supports growth. Delivery on this point keeps the SKF India share price target on track.
4. Dividend and No Debt
The yield is 2.7 percent and debt to equity is zero. Strong cash supports payouts. Better news here would lift the SKF India share price target toward the bull case.
What Are the Key Risks to the SKF India Share Price Target?
The main risks are auto cycle swings, demerger-related noise, a premium valuation and parent control. Each can pull the SKF India share price target lower.
Auto Cycle
Bearing demand follows vehicle production. A slowdown in vehicle sales would cut volume. If it materialises, the SKF India share price target would slip toward the bear case.
Comparability
Reported numbers are not comparable with pre-demerger quarters. This makes trend reading harder. This is the main downside risk to the SKF India share price target.
Valuation
The stock trades at 34 times earnings and 5.4 times book. A bear case EPS of Rs 42 at 20 times would put the price near Rs 840. A worsening here would cut the SKF India share price target toward the low end of the range.
Parent Control
AB SKF holds about 52.6 percent and group decisions on sourcing and pricing affect margin. Watch it closely, because it can pull the SKF India share price target lower quickly.
SKF India Stock Analysis: Support and Resistance Levels for the Share Price Target
SKF India stock analysis on weekly charts shows a range of Rs 1,420 to Rs 1,640 since mid-September, with the stock near the lower end.
The first support level is Rs 1,420 to Rs 1,443.20, the lows of the weeks of 5 and 28 September. Below that, Rs 1,404 is the 52-week low of the week of 30 March.
The first resistance level is Rs 1,466 to Rs 1,556.70, the highs of the weeks of 5, 28 and 21 September. Above that, Rs 1,639.80 is the high of the week of 14 September and Rs 1,716.90 is the August spike high. These levels come from weekly price action, are not trade recommendations, and frame the near-term SKF India share price target.
SKF India Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term
Short-Term SKF India Share Price Target (3 to 6 Months)
In the near term the stock is likely to trade between Rs 1,420 and Rs 1,557. A close above Rs 1,557 would put Rs 1,640 in play, while a weekly close under Rs 1,404 would open a fresh 52-week low. The Q2 FY27 results are the main trigger. This range anchors the near-term SKF India share price target.
12-Month and 2027 SKF India Share Price Target
The 12-month target price is Rs 1,344 to Rs 1,624, valued on 24 to 29 times FY28 EPS of Rs 56. The range across scenarios runs from Rs 840 in the bear case to Rs 2,310 in the bull case.
Long-Term SKF India Share Price Target for FY29 to 2030
For FY29 to 2030 the Univest scenario range is Rs 1,584 to Rs 2,184. This assumes EPS of Rs 66 in FY29 and Rs 78 in FY30 and a multiple of 24 to 28 times. It needs automotive bearing demand to grow near 15 percent, margin to keep improving after demerger costs and capex to add capacity. This is the long-term SKF India share price target in the Univest scenarios.
Bull Case and Bear Case for SKF India Share Price Target
Bull Case Rs 2,030 to Rs 2,310
The bull case of Rs 2,030 to Rs 2,310 for the SKF India share price target needs EPS of Rs 70 and the market to pay 29 to 33 times for it. It is +38.9% to +58.0% from the last close.
Bear Case Rs 840 to Rs 1,008
The bear case of Rs 840 to Rs 1,008 for the SKF India share price target equals 20 to 24 times FY28 EPS of Rs 42 and sits below the Rs 1404 low. It is -42.5% to -31.0% from the last close.
Is SKF India a Good Buy at Rs 1,462? SKF India Buy or Sell View
Whether SKF India is a buy at Rs 1,461.90 depends on horizon and risk appetite. The base case sits between 8 percent below and 11 percent above the current price, the stock is 34 percent below its post-demerger base, and the open question is margin. The SKF India share price target range is the starting point for that decision.
Long-term holders may focus on automotive growth, margin and the dividend, and treat Rs 1,404 as the level to watch. Short-term traders may prefer to wait for a close above Rs 1,557. Check institutional holding in the September quarter filing for signs of accumulation or selling. Consult a SEBI-registered advisor before acting, since this SKF India buy or sell view is educational.
How to Invest in SKF India Shares
Step 1: Check the live price, valuation and the latest SKF India share price target range on the Univest Screener.
Step 2: Open a demat and trading account with a SEBI-registered broker such as Univest before acting on any SKF India share price target.
Step 3: Search for SKFINDIA on the NSE or 500472 on the BSE in your trading app.
Step 4: Place a limit order near your planned entry and size the position so a fall to Rs 840 is bearable.
Step 5: Track automotive demand, margin and Q2 FY27 results and set price alerts on the Univest App to follow any change in the SKF India share price target.
Conclusion
SKF India closed at Rs 1,461.90 against a Univest base case share price target of Rs 1,344 to Rs 1,624, a bull case of Rs 2,030 to Rs 2,310 and a bear case of Rs 840 to Rs 1,008. Q1 FY27 delivered revenue growth of 27 percent like for like in the first quarter after demerger. The main risks are the auto cycle, comparability and valuation.
The stock is 35.5 percent below its 52-week high, so the base case sits between 8 percent below and 11 percent above the current price. The triggers to watch are automotive demand, margin and Q2 FY27 results and the Rs 1,404 and Rs 1,557 levels. Re-check the SKF India share price target after each quarterly result. Investors with a long horizon and tolerance for volatility can track these triggers, while others may prefer to size positions carefully.
Download the Univest iOS App or Univest Android App to track SKF India live price and get daily stock recommendations.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on SKF India Share Price Target 2026
What is the SKF India share price target for 2026?
Ans. The SKF India share price target for 2026 is Rs 1,344 to Rs 1,624 in the Univest base case, with a bull case of Rs 2,030 to Rs 2,310 and a bear case of Rs 840 to Rs 1,008. No brokerage target was available on the sources we track as of 6 October 2026, so these are Univest research scenarios. These are estimates and can change after the Q2 FY27 results.
What is the SKF India share price target for 2027?
Ans. The SKF India share price target for 2027 is Rs 1,344 to Rs 1,624 in the base case, valued on 24 to 29 times FY28 EPS of Rs 56. The scenario range runs from Rs 840 to Rs 2,310.
Is SKF India a good buy at Rs 1,461.90?
Ans. Whether SKF India is a good buy at Rs 1,461.90 depends on your horizon, risk appetite and how you read the SKF India share price target. Revenue is growing 27 percent like for like with no debt and a 2.7 percent yield, but the stock trades at 34 times earnings. Consult a SEBI-registered advisor before investing.
What are the key risks to the SKF India share price target?
Ans. The key risks to the SKF India share price target are auto cycle, comparability, valuation and parent control. Bearing demand follows vehicle production. A slowdown in vehicle sales would cut volume.
What are the key catalysts for the SKF India share price target?
Ans. The key catalysts for the SKF India share price target are automotive demand, margin recovery, capex and dividend and no debt. Two and three wheelers, passenger vehicles and commercial vehicles all drove growth. Revenue rose 27 percent like for like.
Where can I track SKF India share price today and SKF India share price target updates?
Ans. You can track the live SKF India share price, results and any change to the SKF India share price target on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts.
What are SKF India's 52-week high and low?
Ans. SKF India's 52-week high is Rs 2,266.40 and its 52-week low is Rs 1,404.00, based on weekly NSE data. At Rs 1,461.90 the stock is 35.5 percent below the high and 4.1 percent above the low. Both levels frame the SKF India share price target.
How to buy SKF India shares?
Ans. Open a demat account with a SEBI-registered broker such as Univest, search for SKFINDIA on the NSE or 500472 on the BSE, and place a limit order near your entry price, using the SKF India share price target range as a guide. Size the position so a fall to Rs 840 is bearable, and check the live price on the Univest Screener first.
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