SKF Industrial eyes sharp margin jump to 17-19% in 3-4 years with ₹950 cr capex

• SKF India Industrial targets EBITDA margin expansion from ~13% to 17-19% over 3-4 years, backed by a ₹800–950 crore capital expenditure program.
• The company recently demerged from SKF India, with SKF Industrial listing at ₹2,630 and shareholders receiving one share for each SKF India share.
• Post-demerger, the group operates as two focused businesses: SKF Automotive (EVs, 2W, safety) and SKF Industrial (manufacturing, railways, renewables, heavy engineering).
• SKF Industrial's capex includes a new Pune manufacturing facility by 2028, which will be highly automated and is expected to achieve 70% utilization from the start.
• The demerger aims to better focus on India's infrastructure and industrial growth, with SKF Industrial targeting low double-digit revenue growth.

Why It Matters: SKF Industrial's demerger targets high profit margins and focused growth.