Analysts/Institutional Investor Meet/Con. Call Updates

skryertevo Date: 06th November 2026 National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, 5th Floor, Plot No. C-1, G Block, Phiroze Jeejeebhoy Towers, Dalal Street, Fort Bandra- Kurla Complex, Bandra (East), Mumbai – Mumbai – 400001, Maharashtra, India 400051, Maharashtra, India NSE Scrip Code – SKFINDIA BSE Scrip Code -500472 Subject: Transcript of Analyst/Institutional Investor Meeting held on 05th November 2026. Reference: Our intimations dated 30th October 2026 and 05th November 2026. Pursuant to Clause 15(b)(iii) of Schedule III, Part A, Para A read with Regulation 30 (2), Regulation 30(6) & Regulation 46(2)(oa)(iii) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended from time to time) (“SEBI LODR”) and SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January 2026, please find enclosed herewith the transcript of Analyst / Institutional Investor meeting held on Thursday, 05th November 2026 at 10:00 am. The same will soon be uploaded on the website of the company for convenience of the shareholders. Audio Link is the aforesaid meeting is available on the company’s website and same was intimated on Thursday, 05th November 2026. We request you to take the above information on record and disseminate the same on your respective websites. Thanking you, Yours faithfully, For SKF India Limited Mayuri Kulkarni Company Secretary & Compliance Officer SKF India Limited Registered office: Chinchwad, Pune 411 033, Maharashtra, India Tel: +91 (20) 6611 2500, Fax no: +91 (20) 6611 2396, Web: www.skf.com/in/investors/skf-india-ltd, Email id: investorIndia@skf.com CIN: L29130PN1961PLC213113 Confidentiality: C2–Internal “SKF India Limited Q2 FY27 Earnings Conference Call” November 05, 2026 a l k F MANAGEMENT: MR.MAYANK HOLANI – CHIEFFINANCIAL OFFICER– SKFINDIALIMITED MR.PRAHLADA GIRISHKUMAR– PORTFOLIO STRATEGY ANDBUSINESS DEVELOPMENTHEAD– SKF INDIALIMITED MS.MAYURIKULKARNI – COMPANYSECRETARY-- SKFINDIALIMITED MS.CILVINA PEREIRA– HEAD,MARKETING AND COMMUNICATIONS – SKFINDIALIMITED Page1 of17 Confidentiality: C2–Internal A G F SKF India Limited November 05, 2025 Moderator: Ladies and gentlemen, good day, and welcome to SKF India Limited Q2 FY27 Earnings Conference Call. As a reminder, all participant lines will be in the listen only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star and zero on your text on phone. Please note that this conference is being recorded. I now hand the conference over to Ms. Cilvina Pereira. Thank you, and over to you, Ms. Cilvina Pereira. Cilvina Pereira: Good morning, everyone. Thank you for joining us today for SKF India Limited Investors Call for Q2 FY 2026-27. With us, we have SKF India CFO, Mr. Mayank Holani, - our Strategy and Business Development Head, Mr. Girish Kumar; and Company Secretary, Ms. Mayuri Kulkarni. Our Managing Director, Mr. Shailesh Sharma, is unable to join the call today due to some personal situation. The purpose of today's call is to share our Q2 and H1 results, talk about our performance and answer your questions. Please note that financial information for the corresponding period of previous year, as reported in the presentation shared has been extracted from the financial statement of erstwhile combined entity and may involve some assumptions by the management pertaining to the demerged industrial undertaking. These were prepared in accordance with the Appendix C of IndAS 105 Business Combinations by using the financial information maintained by SKF India Limited. Before I turn over the call to the management, I would like to remind you that in this call, some of the remarks contain forward-looking statements, which are subject to risks and uncertainties, and actual results may differ materially. Such statements are based on management's beliefs as well as assumptions made by and on the information currently available with the management. The audience is cautioned not to place any undue reliance on these forward-looking statements and make any investing decision. The purpose of today's call is to purely educate and bring awareness about the company's fundamentals, business and the financials for quarter under review. Let me now turn over the call to Mr. Mayank Holani. Over to you, Mayank. Mayank Holani: Thank you, Cilvina, and welcome, everyone, to our Q2 FY27 Investor call. I am Mayank Holani, Chief Financial Officer of SKF India Limited. Let me start with the agenda, which is on Slide 3. We will first cover macro key indicators then executive summary, followed by quarterly and half yearly results and analysis, a success story andlast but not the least, our new brand launch globally. In the end, we will take all your questions. Now moving ahead with key macro indicators, refer toSlide 5. GDP for last quarteris projected to have grown by 7.35%, while the CPI is continuing its upward trend and reaching around 4.9%. Next slide please. Slide 6. IIP is expected to continue the upward trend seen since last few quarters, while manufacturing PMI jumped to 55.1 in September 2026, breaking the downward trends seen from last 3 months. Automotive production has also seen an upward trend during last quarter for all the categories. Unlike the previous quarter where there was a jump in 1 category and drop in other product category. Now we move to Slide 8, executive summary. We are glad to inform you that we had Page2 of 17 Confidentiality: C2–Internal A G F SKF India Limited November 05, 2025 a strong year-on-year revenue growth during the last quarter, while quarter-on-quarter, it was marginally positive. Sales figures quoted in the slide do not include other operating income, and these are the purely the sales numbers of the products. So we have a sales growth of 16% year-on-year, while it is 2% quarter-on-quarter. EBITDA for the quarter improved by 155 basis points year-on-year, while it dropped by 255 basis points versus last quarter. Profit before tax is higher by 181 basis points Y-o-Y, while it dropped by 252 bps quarter-on- quarter. And here I am referring to the profit before tax number without exceptional items. Further, our net working capital is at 18.8% of sales, which is 2.9% lower than the last year same period. Also, I would like to mention here that our net working capital when compared to the March end, the last financial year end, has also seen significant improvement. Now we move to Slide 10 regarding our sales performance. Here you will see the split of our sales performance. And you will see that both for the quarter as well as half year, our sales growth is driven primarily by volume increase wihth marginal impact coming due to price or mix. Now we move to Slide 11. Here, you will see the mix within the sales of different parts of our business. For this quarter, OE business accounted for 66% of our sales while vehicle aftermarket was 19%, exports had a 10% share, and the business with SKF Industrial had about 5% share. When we look at the half year, H1 mix, OE share was 63% vehicle aftermarket 20%, exports 9% and Industrial around 7%. So this gives you a fair idea of the mix and how it compares with the previous quarters. Broadly, this mix is in line with the mix we had in the last financial year also, except for the addition of industrial business and a bit of decline in the aftermarket business. Now we move to the next slide, which is on profitability. Here we see a quarter-on-quarter movement of EBITDA and PBT for last 5 quarters. EBITDA for this quarter is higher year-on-year primarily due to contribution from higher volumes, cost leverage and other income as well. However, when compared to previous quarter, there is a drop primarily because of the high cost of goods sold contributed by steel price inflation as well as price increase given to suppliers towards value add [Showing first 8,000 characters — download PDF for full document]