Analysts/Institutional Investor Meet/Con. Call Updates

Date: 21st August 2026 National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, 5th Floor, Plot No. C-1, Phiroze Jeejeebhoy Towers, G Block, Bandra- Kurla Complex, Dalal Street, Fort Bandra (East), Mumbai – 400051, Mumbai – 400001, Maharashtra, India M aharashtra, India NSE Scrip Code – SKFINDIA BSE Scrip Code -500472 Subject : Transcript of Analyst/Institutional Investor Meeting held on 17th August 2026 Reference: Our intimations dated 11th August 2026 and 18th August 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 Monday , 17th August 2026 at 01:00 pm. The same will soon be uploaded on the website of the company for convenience of the shareholders. Audio Link of the aforesaid meeting is available on the company’s website and same was intimated on 18th August 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, Email id: investorindia@skf.com CIN: L29130PN1961PLC213113 “SKF India Limited Q1 & FY27 Earnings Conference Call” August 17, 2026 MANAGEMENT: MR. SHAILESH SHARMA – MANAGING DIRECTOR – SKF INDIA LIMITED MR. MAYANK HOLANI – CHIEF FINANCIAL OFFICER – SKF INDIA LIMITED MR. GIRISH KUMAR – HEAD, STRATEGY AND BUSINESS DEVELOPMENT – SKF INDIA LIMITED MS. MAYURI KULKARNI – COMPANY SECRETARY AND COMPLIANCE OFFICER – SKF INDIA LIMITED MS. CILVINA PEREIRA – HEAD, MARKETING AND COMMUNICATION – SKF INDIA LIMITED Page 1 of 10 SKF India Limited August 17, 2026 Moderator: Ladies and gentlemen, good day, and welcome to SKF India Limited Q1 and FY27 Earnings Conference Call. As a reminder, all participants 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 then zero on your touchtone phone. I now hand the conference over to Ms. Cilvina Pereira, Head Marketing and Communications at SKF. Thank you, and over to you, ma'am. Cilvina Pereira: Good afternoon, everyone. Thank you for joining us today for SKF India Limited Investor Call for Quarter 1 FY2026-27. With us, we have Mr. Shailesh Sharma, our Managing Director; our CFO, Mr. Mayank Holani; our Head, Strategy, Business and Business Development, Mr. Girish Kumar; and our Company Secretary and Compliance Officer, Ms. Mayuri Kulkarni. The purpose of today's call is to share our Q1 results, talk about our performance during the quarter and answer your questions, if any. Please note that the financial information for corresponding period of previous year as reported in the presentation shared has been extracted from the financial statements 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 Ind AS 103 Business Combination 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 beliefs as well as assumptions made by and on the information currently available to the management. The audience is cautioned not to place any undue reliance on these forward-looking statements and make any investment decisions. The purpose of today's call is to purely educate and bring awareness about company's fundamental business and the financial quarter under review. Let me now turn over the call to Mr. Shailesh Sharma. Over to you. Shailesh Sharma: Thank you, Cilvina. Hello, everyone, and welcome to the Q1 of 2026-27 financial year Investor Call. I'm Shailesh Sharma, Managing Director of SKF India Limited. Let me start with the presentation with the agenda, which is on Slide number 3. We will first cover key macro indicators, followed by quarterly results and analysis. And at last, some success stories, and then we will take your questions. Moving ahead to the key macro indicators, which is Slide number 5. Talking about key macro indicators, IIP growth since last couple of quarters has been stable and was 4.8% for Q1 FY27. Manufacturing PMI growth stood at 54.4 for June 26. Automotive production has been an upward trend during last quarter for 2 and 3-wheelers. However, passenger and commercial vehicle declined marginally. Iron and steel production declined during the quarter. Page 2 of 10 SKF India Limited August 17, 2026 Now I'll talk about the results of company. Just go to Slide number 7. We are glad to inform our investors that we had a strong year-on-year revenue growth during the last quarter, while quarter- on-quarter, it was almost flat. We have a revenue growth of 27% year-over-year with INR 5.9 billion revenue, while it was minus 1% quarter-over-quarter. EBITDA improved by 7 bps year-over-year, while it improved by 540 bps quarter-on-quarter. Profit before tax is up by 61 bps year-over-year, while it's higher by 527 bps quarter-on-quarter without exceptional items. For detail now, I would like to hand over to our CFO, Mr. Mayank Holani, to take us through the detailed financial performance. Mayank Holani: Thank you, Shailesh, and good afternoon, everyone. It's good to be connecting to all of you after the quarter. So now we move to sales performance on Slide 8. We achieved a quarterly sales of INR5.5 billion for Q1 FY27 with Y-o-Y growth of about 22% and marginal drop of 0.7% quarter-on-quarter. Since last couple of quarters between October to March, we have seen a very high sales growth following GST reforms. Year-on-year sales growth as you see is driven by 22% higher volumes, while when we look at quarter-on-quarter volumes, they were lower by 6.3% while price mix has positive impacted sales by 5.6%. And just to clarify, you will see a note below the slide that these sales figures are purely of the products and does not include the other operating income items. So that's why you see a difference between revenue and the sales. Now moving on to Slide 9. In terms of mix, OEMs accounted for about 62% of our sales for the quarter, distribution or vehicle aftermarket was about 20%, exports 8% and SKF Industrial about 10%. So that's how our mix was. Next slide, Slide number 10 now. Here, you will see total P&L summary for the quarter. Our gross margin for the quarter is about 1% lower year-on-year while quarter-on-quarter is higher by about 6.5%. This variance in gross margin from previous quarter is a composite impact of price, mix and inflation, while we have been able to quite significantly maintain our margins from last year and improve at the EBITDA level. EBITDA for the quarter is almost flat, 7 basis points improvement, while from last quarter, it's about 540 bps higher. And as mentioned during the investor call for last quarter, profitability for Q4 FY26 was impacted by certain one-off factors, including those related to demerger and this has now returned to a very normal level largely. Profit before tax for the quarter is 14.3%, which is around 60 bps higher year-on-year and about 650 bps higher quarter-on-quarter. Though if you exclude the exceptional items in previous quarter P&L, profit before tax increa [Showing first 8,000 characters — download PDF for full document]