Svenska Kullagerfabriken (SKF) is a 112 Years old Swedish company having headquater in Gothernburg ,Sweden.The company manufactures and supplies bearings, seals, lubrication and lubrication systems, maintenance products, mechatronics products, power transmission products, condition monitoring systems and related services globally.
SKF is the world’s largest bearing manufacturer and employs 44,000 people in 108 manufacturing units. SKF is one of the largest companies in Sweden and among the largest public companies in the world.
SKF India is a subsidary Company with Promoters Holdings 52% shares of the company. SKF India is alomst debt free company having Cash Equivalent of about 750 Crores on Balance Sheet as of March 2018 which is expected to increase even higher.
Mutual Funds hold approx 16% shares with various HDFC Mutual Fund & Frnaklin Templeton Mutual Fund Schemes holding in large quantitites.