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SKP Bearing Industries (NSE:SKP) Profitability Rank : 7 (As of Sep. 2024)


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What is SKP Bearing Industries Profitability Rank?

SKP Bearing Industries has the Profitability Rank of 7.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is rated on a scale of 1 to 10 and is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

A higher score indicates superior profitability, with companies rated 7 or above considered to have more robust and sustainable profit generation. Conversely, a score of 3 or lower suggests challenges in generating consistent profits.

SKP Bearing Industries's Operating Margin % for the quarter that ended in Sep. 2024 was 12.33%. As of today, SKP Bearing Industries's Piotroski F-Score is 3.


Competitive Comparison of SKP Bearing Industries's Profitability Rank

For the Tools & Accessories subindustry, SKP Bearing Industries's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SKP Bearing Industries's Profitability Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SKP Bearing Industries's Profitability Rank distribution charts can be found below:

* The bar in red indicates where SKP Bearing Industries's Profitability Rank falls into.


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SKP Bearing Industries Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The rank is rated on a scale of 1 to 10. A higher score indicates superior profitability, with companies rated 7 or above considered to have more robust and sustainable profit generation. Conversely, a score of 3 or lower suggests challenges in generating consistent profits.

SKP Bearing Industries has the Profitability Rank of 7.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

SKP Bearing Industries's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=42.471 / 344.578
=12.33 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

SKP Bearing Industries has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Warning Sign:

SKP Bearing Industries Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -1.6%.

4. Consistency of the profitability

5. Predictability Rank


SKP Bearing Industries Profitability Rank Related Terms

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SKP Bearing Industries Business Description

Traded in Other Exchanges
N/A
Address
Survey No.2127, Mulchand Road, Surendranagar District, Wadhwan, GJ, IND, 363030
SKP Bearing Industries Ltd is engaged in manufacturing needle rollers, cylindrical rollers, pins, steel balls, and other related products, generation of electricity through windmill power projects, and solar power projects. The company supplies its products to diverse industries such as textiles, automobiles, etc. across India. The company also exports rolling elements to international customers in Brazil, Argentina, UAE, and others.

SKP Bearing Industries Headlines

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