Below are the financial statements of SKF India, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of INR | 2024 as of 2024-03-31 | 2023 as of 2023-03-31 |
|---|---|---|
| Assets | — | — |
| Non-current assets | — | — |
| Property, plant and equipment | 4,377.5a | 3,874.7a |
| Right-of-use assets | 94a | 133.7a |
| Capital work-in-progress | 886.9a | 633.8a |
| Investment properties | 250.7a | 229.2a |
| Intangible assets | 1.5a | 3.2a |
| Financial assets | — | — |
| Investments | 89.2a | 23.6a |
| Loans | 1,576a | 676a |
| Other financial assets | 337.3a | 306.6a |
| Deferred tax assets (net) | 311.1a | 208.2a |
| Non-current tax asset (net) | 289.9a | 207.4a |
| Other non-current assets | 887.8a | 997a |
| Total non-current assets | 9,101.9a | 7,293.4a |
| Current assets | — | — |
| Inventories | 6,838.8a | 6,860.3a |
| Financial assets | — | — |
| Trade receivables | 7,513.3a | 6,786.5a |
| Cash and cash equivalents | 12,174.6a | 9,552.8a |
| Bank balance other than above | 46.5a | 26.8a |
| Other financial assets | 245.6a | 269.1a |
| Other current assets | 593.3a | 990.1a |
| Total current assets | 27,412.1a | 24,485.6a |
| Total assets | 36,514a | 31,779a |
| Equity | — | — |
| Equity share capital | 494.4a | 494.4a |
| Other equity | 26,333.1a | 22,919.4a |
| Total equity | 26,827.5a | 23,413.8a |
| Liabilities | — | — |
| Non-current liabilities | — | — |
| Financial liabilities | — | — |
| Lease liabilities | 37.5a | 81.4a |
| Provisions | 369.4a | 341.5a |
| Total non-current liabilities | 406.9a | 422.9a |
| Current liabilities | — | — |
| Financial liabilities | — | — |
| Lease liabilities | 80.1a | 63a |
| Trade payables | — | — |
| Outstanding dues of micro and small enterprises | 370.2a | 306.3a |
| Outstanding dues other than micro and small enterprises | 6,761.2a | 5,772.8a |
| Other financial liabilities | 1,333.8a | 1,219.3a |
| Provisions | 475.7a | 370.5a |
| Other current liabilities | 258.6a | 210.4a |
| Total current liabilities | 9,279.6a | 7,942.3a |
| Total liabilities | 9,686.5a | 8,365.2a |
| Total equity and liabilities | 36,514a | 31,779a |
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