Industrials
Skf India (industrial) Limited Q2 Fy2026-27: Revenue Up 28%, PBT Margin Improves
SKF India (Industrial) Limited reports strong Q2 FY2026-27 results with revenue up 28% and PBT margin improvement.
SKF India (Industrial) Limited (SKFINDUS) has announced its financial results for Q2 FY2026-27, showcasing robust performance with a 28.3% year-on-year revenue growth. The company delivered strong top-line growth in wind, heavy industry, exports, and distribution, reflecting its strategic growth initiatives.
Strategic Growth Drivers
The company’s strategic growth drivers, including localization, innovation, and digitalization, have played a crucial role in achieving these results. The Ahmedabad factory’s new mCRB manufacturing line has added annual capacity of ~220,000 units, supporting growth across various sectors. Additionally, SKF’s innovation in solid oil bearings and DuraPro Carbo-Nitriding solutions has opened new growth opportunities in mining, construction, and tractor applications.
Financial Highlights
The financial highlights for Q2 FY2026-27 include a revenue of INR 10,429 million, a profit before tax (PBT) margin of 12.9%, and a net working capital of INR 7,231 million. The company’s PBT margin improved by 42 basis points year-on-year, driven by lower one-off demerger expenses and improved price realization. However, the company reported a negative cash flow of INR 61 million due to the settlement of inter-company payables.
Looking ahead, SKF India (Industrial) Limited remains well-positioned to outgrow key segments such as wind, heavy industries, aftermarket, and exports, leveraging its strengthening competitive advantage through localisation, innovation, digitalisation, and operational excellence.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of SKF India (Industrial) Limited
SKF India (Industrial) Limited belongs to the Industrials › Tools & Accessories sector. Here’s a quick read on where the business and the stock stand today.
SKF falls 10.7% over three months and has not found a floor yet. The PEG of 0.65 signals undervaluation relative to growth. It is a potential re-rating candidate. Thin margins at 5.7% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock holds at 36% of its 52-week range with RSI at 34. In other words, neither side has a clear edge right now. Revenue grows at 364.1% and profits at 79.4% CAGR, with D/E of 0.00. Meanwhile, the stock dips 10.7% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of SKF India (Industrial) Limited.
Conglomerates
Nava Limited (NSE: NAVA) Q2 FY27: Revenue Hits ₹1,252 Crore, PAT Surges 127% Yoy
Nava Limited reports its highest quarterly revenue of ₹1,252 crore and a PAT surge of 127% YoY for Q2 FY27, driven by strong energy segment performance.
Nava Limited, the flagship company of the diversified multinational group spanning metals, energy, mining, and commercial agriculture, announced its financial results for the second quarter ended September 30, 2026. The quarter results are marked by the highest-ever revenue of ₹1,252 crore, a growth of 30% year-on-year. Consolidated Profit After Tax (PAT) more than doubled at ₹403 crore, a growth of 127% year-on-year, with energy in the forefront supplemented by contributions from other businesses and positive deferred tax adjustment.
Energy Segment Performance
The energy segment delivered strong performance, supported by healthy PLFs in domestic operations. The commissioning of the 100 MW solar project in Zambia also marks a significant milestone, opening a promising new avenue for future growth and expansion in renewable energy.
Strategic Developments
The group’s foray into renewable energy gained traction with the graduated commissioning of the 100 MW solar power project in Zambia ushering in a new phase of growth. The avocado plantation project, the integrated Sugar project, mineral exploration for Manganese, Lithium etc., continue to make good strides during the quarter.
Forward-Looking Statement
Commenting on the performance, Ashwin Devineni, Managing Director & CEO, Nava Limited, said: ‘Nava’s record quarterly and year-to-date operating revenue reflects the strength of our diversified businesses and the sustained performance of our core operations. The robust year-on-year growth in profitability, supported by our energy and mining businesses, reinforces the resilience of our operating model. With our 300 MW power expansion progressing and our agribusiness ventures approaching key commercial milestones, we remain focused on disciplined execution, operational excellence and building a diversified portfolio that creates sustainable long-term value.’
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of NAVA LIMITED
NAVA LIMITED belongs to the Industrials › Conglomerates sector. Here’s a quick read on where the business and the stock stand today.
NAVA moves sideways over three months, with neither buyers nor sellers taking control. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. Revenue contracts at 6.8% CAGR. That signals structural headwinds, not a short-term blip. The stock holds at 31% of its 52-week range with RSI at 48. In other words, neither side has a clear edge right now. Revenue grows at 6.8% CAGR and the PEG stands at 99.00. The growth does not match the price the market asks. Furthermore, flat price action adds no technical catalyst. A lower price or faster revenue growth would improve the odds. Check Fundamentals of NAVA LIMITED.
BHARATFORG
Bharat Forge Limited Unveils 120mm R.a.m.s: a New Era in Defence Technology
Bharat Forge Limited (BHARATFORG) unveils the 120mm R.A.M.S, a cutting-edge defence technology designed for rapid, protected fire support.
Bharat Forge Limited (BHARATFORG) has made a significant leap in defence technology with the unveiling of the 120mm R.A.M.S, the Rapid Attack Mortar System. This vehicle-integrated system is designed to deliver rapid, protected fire support at high altitude and in all weather conditions for the Indian Armed Forces and international customers.
Enhanced Mobility and Safety
The R.A.M.S is integrated on an agile 4×4 vehicle, enabling powerful, rapid-response mortar fire that keeps pace with future warfare strategies. It reduces crew exposure, compresses the sensor-to-shooter cycle, and keeps detachments protected throughout the engagement, ensuring faster response, greater mobility, and improved crew safety.
Designed for Extreme Terrains
Engineered to retain its mobility at high altitudes and remain ready through extreme cold, heat, and monsoon, the R.A.M.S is built for the hardest terrains. From mountain passes to desert and plains, it brings 120mm firepower to areas where towed systems are slow to deploy and demanding to sustain.
Future Warfare Ready
Shaped by the realities of future conflict, the R.A.M.S is designed to give commanders a decisive edge in contested environments. It offers speed, mobility, and shoot-and-scoot agility, providing a platform with the headroom to evolve with the threat.
Mr. Amit Kalyani, Vice Chairman and Joint Managing Director, Bharat Forge Ltd, emphasized, ‘Our purpose at KSSL is to keep Bharat safe and to stand with nations facing hostile aggression. R.A.M.S is designed to give our armed forces credible, responsive capability at high altitude and in the most challenging conditions, while keeping our soldiers protected.’ As India celebrates the festival of lights, R.A.M.S reflects KSSL’s commitment to a secure, self-reliant Bharat and partner nations that stay safe, strong, and prepared.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Bharat Forge Limited
Bharat Forge Limited belongs to the Industrials › Metal Fabrication sector. Here’s a quick read on where the business and the stock stand today.
Bharat falls 16.2% over three months and has not found a floor yet. The PEG stands at 4.55 — severely stretched. Any earnings miss could trigger a sharp de-rating. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The stock holds at 45% of its 52-week range with RSI at 34. In other words, neither side has a clear edge right now. Revenue grows at 9.7% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Bharat Forge Limited.
GLOTTIS
Glottis Limited Q2 and H1 FY27 Earnings Presentation: Revenue Surges 28.8% Yoy
Glottis Limited (NSE: GLOTTIS) reports Q2 and H1 FY27 earnings with a 28.8% YoY revenue surge, driven by strong export and air freight growth.
Glottis Limited (NSE: GLOTTIS) announced its Q2 and H1 FY27 earnings, showcasing a robust performance with a 28.8% year-over-year revenue increase. The company’s focus on expanding its export business and diversifying its customer base contributed significantly to this growth. Notably, revenue from sea export surged 344.4% year-over-year, reflecting the company’s strategic shift towards more export-oriented operations.
Revenue and Profitability
Revenue from operations for Q2 FY27 reached Rs. 2,765 million, marking a 28.8% increase from the same period last year and a 17.9% sequential growth. The EBITDA for the quarter was Rs. 34 million, with a margin of 1.2%. The company’s efforts to diversify its revenue streams and reduce dependence on a few key customers were evident, with the top five customers’ revenue contribution dropping to 33% from 41% in Q2 FY26.
Segment Performance
Sea import remained the largest business vertical, contributing 50% of the total revenue, although its share decreased from 81% in Q2 FY26. Air freight also showed strong growth, with air import and export revenues increasing by 68.9% and 420% year-over-year, respectively. The company’s strategic diversification into different industries paid off, with logistics and home appliances segments contributing more significantly to the revenue.
As Glottis Limited continues to expand its international footprint, the incorporation of Glottis Logistics SDN BHD in Malaysia is a strategic move to enhance its freight forwarding and logistics support services in the region. The company remains committed to improving shipment level profitability, managing operating costs, and making strategic investments to support future growth.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Glottis Limited
Glottis Limited belongs to the Industrials › Integrated Freight & Logistics sector. Here’s a quick read on where the business and the stock stand today.
Glottis holds in the upper half of its 52-week range, a sign the market backs the stock. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. Revenue grows at 14.7% and profits at 18.9% CAGR. The market consistently rewards this kind of compounding. The stock gains 8.8% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Revenue grows at 14.7% and profits at 18.9% CAGR, with D/E of 0.00. Meanwhile, the stock dips 7.5% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of Glottis Limited.
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