Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

Bimetal Bearings

₹703.9 10.7 | 1.5%

Market Cap ₹269 Cr.

Stock P/E 22.6

P/B 1.3

Current Price ₹703.9

Book Value ₹ 541.8

Face Value 10

52W High ₹730

Dividend Yield 1.78%

52W Low ₹ 411

Bimetal Bearings Research see more...

Overview Inc. Year: 1961Industry: Bearings

Bimetal Bearings Ltd is a leading company specializing in the manufacturing and distribution of bimetallic bearings. With a strong focus on quality and innovation, the company has established itself as a trusted provider of high-performance bearings for various industries worldwide. Bimetal Bearings Ltd offers a comprehensive range of bearings designed to withstand extreme conditions, including high temperatures, heavy loads, and corrosive environments. These bearings are crafted using a unique bimetallic construction, combining different metals to create a durable and efficient product. The company's advanced manufacturing processes ensure precision and consistency in every bearing produced, meeting the stringent requirements of industries such as automotive, aerospace, marine, and industrial machinery. Bimetal Bearings Ltd's commitment to customer satisfaction, technical expertise, and continuous research and development has earned them a solid reputation as a reliable partner in the bearings industry.

Read More..

Bimetal Bearings Share Price

New

| |

Volume
Price

Quarterly Price

Show Value Show %

Peer Comparison

Bimetal Bearings Quarterly Results

#(Fig in Cr.) Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Jun 2023 Dec 2023
Net Sales 54 39 50 54 54 54 62 54 59 55
Other Income 2 1 1 1 1 1 2 1 2 1
Total Income 55 40 51 54 55 55 64 55 61 56
Total Expenditure 51 38 48 53 50 51 57 50 55 54
Operating Profit 4 3 3 2 5 3 7 5 6 2
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 2 2 2 2 2 2 2 2 2 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 2 1 1 0 3 2 5 3 4 0
Provision for Tax -0 0 0 0 1 1 1 1 1 0
Profit After Tax 3 1 1 0 2 1 4 2 3 0
Adjustments 0 0 0 0 0 1 1 1 1 1
Profit After Adjustments 3 1 1 0 3 2 5 3 4 1
Adjusted Earnings Per Share 7.7 2.6 2.1 0.2 6.8 5.5 12.2 7.5 9.5 1.9

Bimetal Bearings Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 142 144 182 206 149 158 197 229 230
Other Income 3 5 4 4 7 6 4 3 6
Total Income 145 149 187 210 156 164 201 232 236
Total Expenditure 133 138 169 190 150 154 189 213 216
Operating Profit 12 11 18 21 7 10 12 19 20
Interest 0 0 0 0 0 1 1 1 0
Depreciation 4 4 4 5 6 6 6 7 8
Exceptional Income / Expenses -0 1 0 0 0 0 0 0 0
Profit Before Tax 7 7 13 15 1 4 6 14 12
Provision for Tax 2 2 3 5 -0 -0 1 3 3
Profit After Tax 5 5 10 10 1 4 4 11 9
Adjustments -1 -1 1 1 0 -0 0 0 4
Profit After Adjustments 4 4 11 11 1 4 4 11 13
Adjusted Earnings Per Share 11 10.7 29.2 29.9 2.8 10 11.7 29.1 31.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 16% 15% 5% 0%
Operating Profit CAGR 58% 39% 1% 0%
PAT CAGR 175% 122% 2% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 63% 30% 9% 12%
ROE Average 6% 3% 3% 4%
ROCE Average 8% 4% 4% 5%

Bimetal Bearings Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 159 164 175 183 174 187 195 204
Minority's Interest 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 54 5 53 46 49 11 12 21
Total Current Liabilities 19 77 31 33 30 41 40 41
Total Liabilities 232 246 259 262 253 238 248 267
Fixed Assets 33 36 42 47 49 64 65 69
Other Non-Current Assets 98 46 104 102 106 55 70 77
Total Current Assets 100 164 113 114 99 119 113 121
Total Assets 232 246 259 262 253 238 248 267

Bimetal Bearings Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 6 5 5 4 3 1 1 1
Cash Flow from Operating Activities 7 5 12 12 13 9 9 12
Cash Flow from Investing Activities -5 -2 -10 -9 -9 -7 -6 -7
Cash Flow from Financing Activities -4 -4 -4 -4 -5 -2 -3 -4
Net Cash Inflow / Outflow -1 0 -1 -1 -2 0 -0 0
Closing Cash & Cash Equivalent 5 5 4 3 1 1 1 2

Bimetal Bearings Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 11.04 10.66 29.15 29.85 2.84 10 11.71 29.11
CEPS(Rs) 23.05 24.93 38.19 40.18 17.24 24.71 28.1 46.68
DPS(Rs) 7.5 7.5 9 10 7 8 8 12.5
Book NAV/Share(Rs) 414.57 427.89 457.77 478.6 455.83 488.1 509.68 534.2
Core EBITDA Margin(%) 5.41 3.58 7.25 8.09 -0.43 2.73 4.03 6.92
EBIT Margin(%) 4.59 4.69 7.27 7.57 0.6 2.75 3.22 6.62
Pre Tax Margin(%) 4.32 4.46 7.07 7.44 0.45 2.37 2.94 6.23
PAT Margin (%) 3 3.42 5.47 5 0.62 2.49 2.24 4.79
Cash Profit Margin (%) 5.43 5.97 7.86 7.45 4.42 5.97 5.38 7.68
ROA(%) 2.1 2.29 4.02 3.95 0.36 1.6 1.84 4.33
ROE(%) 3.07 3.39 5.99 5.76 0.52 2.19 2.35 5.58
ROCE(%) 4.7 4.65 7.97 8.72 0.49 2.37 3.28 7.52
Receivable days 79.35 83.13 86.97 90.07 112.54 102.19 87.07 75.85
Inventory Days 99.63 102.69 86.62 77.77 105.52 104.13 89.39 79.34
Payable days 78.95 98.24 94.98 84.69 108.83 115.52 105.06 93.3
PER(x) 27 35.63 18.65 15.92 67.02 29.51 26.61 13.06
Price/Book(x) 0.72 0.89 1.19 0.99 0.42 0.6 0.61 0.71
Dividend Yield(%) 2.52 1.98 1.66 2.1 3.68 2.71 2.57 3.29
EV/Net Sales(x) 0.76 0.97 1.12 0.86 0.5 0.73 0.62 0.65
EV/Core EBITDA(x) 9.35 12.91 11.32 8.62 11.28 11.72 10.27 7.7
Net Sales Growth(%) 0 1.25 26.62 13.33 -27.75 6.26 24.27 16.44
EBIT Growth(%) 0 0.71 80.06 15.7 -94.3 390.02 47.27 139.46
PAT Growth(%) 0 12.48 85.71 1.57 -91.03 326.25 13.51 148.68
EPS Growth(%) 0 -3.48 173.55 2.4 -90.5 252.6 17.11 148.68
Debt/Equity(x) 0 0 0 0 0.02 0.03 0.03 0.03
Current Ratio(x) 5.18 2.12 3.69 3.43 3.27 2.9 2.8 2.93
Quick Ratio(x) 2.9 1.53 2.3 2.06 1.93 1.69 1.6 1.66
Interest Cover(x) 17.06 19.82 36.89 56.81 4.16 7.07 11.73 16.83
Total Debt/Mcap(x) 0 0 0 0 0.04 0.04 0.04 0.04

Bimetal Bearings Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 74.88 74.88 74.88 74.88 74.88 74.88 74.88 74.88 74.88 74.88
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 25.12 25.12 25.12 25.12 25.12 25.12 25.12 25.12 25.12 25.12
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 105.06 to 93.3days.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 3% over the last 3 years.
  • The company has delivered a poor profit growth of 1% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Bimetal Bearings News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....