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SNL Bearings Overview

Based out of Jharkhand, SNL Bearings Limited is a distinguished manufacturer of needle roller bearings primarily for the automotive industry. Promoted by the Shriram group of Industries in technical collaboration with INA Germany, SNL has benefited from world-class technologies in needle bearing manufacturing. In 2000, NRB Bearings Limited took over the management, further enhancing its technological capabilities. SNL Bearings is the only manufacturer of needle roller bearings in Eastern India and boasts a production facility spread over 3.5 ac...Read More

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SNL Bearings Key Financials

Market Cap ₹126 Cr.

Stock P/E 11.6

P/B 1.7

Current Price ₹349.9

Book Value ₹ 202.9

Face Value 10

52W High ₹430

Dividend Yield 2.29%

52W Low ₹ 299.7

SNL Bearings Share Price

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Volume
Price

SNL Bearings Quarterly Price

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SNL Bearings Peer Comparison

SNL Bearings Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 13 11 11 12 13 12 14 12 15 14
Other Income 0 1 1 1 1 1 1 1 0 1
Total Income 13 12 12 13 13 13 14 13 15 15
Total Expenditure 10 9 9 9 10 9 11 9 11 11
Operating Profit 3 3 3 4 4 4 4 4 4 4
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 3 3 3 3 3 4 4 4 4 4
Provision for Tax 1 1 1 1 1 1 1 1 1 1
Profit After Tax 2 2 2 3 3 3 3 3 3 3
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 2 2 2 3 3 3 3 3 3 3
Adjusted Earnings Per Share 6 5.4 5.7 7.2 7.1 8.1 7.8 7.5 8.1 7.3

SNL Bearings Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 26 30 33 38 41 34 36 44 48 48 51 55
Other Income 0 0 0 0 1 1 1 1 1 2 3 3
Total Income 27 30 34 39 42 35 37 45 49 50 54 57
Total Expenditure 19 21 23 26 29 28 28 31 36 37 38 42
Operating Profit 8 9 11 12 12 7 9 13 13 12 16 16
Interest 1 0 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 1 1 2 2 2 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 7 9 10 11 11 6 8 12 11 11 14 16
Provision for Tax 2 3 3 3 3 1 2 3 3 3 3 4
Profit After Tax 5 6 7 8 8 4 6 9 8 8 11 12
Adjustments 0 0 0 0 -0 -0 0 0 0 0 0 0
Profit After Adjustments 5 6 7 8 8 4 6 9 8 8 11 12
Adjusted Earnings Per Share 6.2 13.2 18.3 22.8 22.5 11.5 17.1 24.5 22.7 21.7 30.1 30.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 6% 5% 8% 7%
Operating Profit CAGR 33% 7% 18% 7%
PAT CAGR 38% 7% 22% 8%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -10% 7% 13% 7%
ROE Average 17% 16% 17% 26%
ROCE Average 22% 21% 22% 33%

SNL Bearings Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 11 15 20 28 34 35 41 48 54 60 68
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 1 1 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 6 3 4 8 11 12 13 13 13 8 8
Total Current Liabilities 11 8 4 4 4 6 5 8 9 7 9
Total Liabilities 30 27 28 40 49 53 58 69 76 75 85
Fixed Assets 9 9 9 9 11 13 13 15 15 15 14
Other Non-Current Assets 6 2 3 7 10 11 14 13 15 9 9
Total Current Assets 16 16 16 24 28 28 32 41 46 52 62
Total Assets 30 27 28 40 49 53 58 69 76 75 85

SNL Bearings Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 1 -0 -0 0 3 7 2 0 0
Cash Flow from Operating Activities 6 7 6 10 2 8 8 6 10 8 4
Cash Flow from Investing Activities -1 -1 -2 -9 -0 -5 -0 -9 -10 -6 -1
Cash Flow from Financing Activities -5 -6 -5 -1 -2 -1 -3 -2 -2 -2 -3
Net Cash Inflow / Outflow 0 0 -1 -0 0 2 5 -5 -2 0 -0
Closing Cash & Cash Equivalent 0 1 -0 -0 0 3 7 2 0 0 0

SNL Bearings Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 6.21 13.23 18.32 22.76 22.55 11.5 17.15 24.46 22.66 21.66 30.08
CEPS(Rs) 14.26 17.31 20.28 24.95 25.1 14.29 19.92 28.39 26.87 26.01 34.35
DPS(Rs) 0 2 3 5 5 8 4.5 6.5 6.5 7 8
Book NAV/Share(Rs) 30.19 40.52 55.13 78.32 94.8 96.23 113.6 133.85 149.7 164.88 187.92
Core EBITDA Margin(%) 25.87 27.36 28.22 30.21 27.51 17.14 23.86 27.79 24 21.68 25.54
EBIT Margin(%) 24.93 26.13 26.81 28.97 28.08 16.29 23.14 27.05 23.27 22.5 27.6
Pre Tax Margin(%) 23.01 25.15 26.45 28.95 28.07 16.23 22.92 27.03 23.25 22.48 27.58
PAT Margin (%) 15.54 16.78 17.57 20.93 20.04 12.16 16.97 20.29 17.09 16.38 21.19
Cash Profit Margin (%) 17.6 18.48 19.45 22.94 22.31 15.11 19.71 23.56 20.26 19.67 24.19
ROA(%) 15.75 19.65 23.68 23.92 18.25 8.16 11.14 13.83 11.28 10.34 13.55
ROE(%) 45.42 44.47 38.31 34.11 26.05 12.03 16.34 19.77 15.98 13.77 17.05
ROCE(%) 44.07 54.9 54.12 46.54 36.45 15.43 21.43 26.33 21.73 18.9 22.22
Receivable days 67.75 62.43 64.46 65.37 60.55 68.25 73.46 62.92 50.86 49.24 56.64
Inventory Days 83.77 70.92 64.4 61.62 84.98 111.53 73.11 75.16 89.44 87.85 84.56
Payable days 97.6 104.95 72.21 67.62 81.47 50.14 51.4 72.34 79.05 72.67 52.52
PER(x) 16.09 11.38 12.82 18.23 13.97 9.31 11.35 11.07 11.58 13.3 11.93
Price/Book(x) 3.31 3.72 4.26 5.3 3.32 1.11 1.71 2.02 1.75 1.75 1.91
Dividend Yield(%) 0 1.33 1.28 1.2 1.59 7.48 2.31 2.4 2.48 2.43 2.23
EV/Net Sales(x) 1.53 1.86 2.55 3.88 2.8 1.14 1.7 2.14 1.8 1.83 2.51
EV/Core EBITDA(x) 5.12 5.93 7.9 12.21 9.22 5.92 6.58 7.05 6.79 7.07 8.19
Net Sales Growth(%) 14.95 13.53 11.36 14.43 6.07 -16 6.82 19.3 10.02 -0.38 7.34
EBIT Growth(%) 28.78 21.15 14.2 12.7 0.29 -51.28 51.8 39.45 -5.35 -3.59 31.75
PAT Growth(%) 34.27 24.79 16.53 24.25 -0.93 -49.04 49.16 42.65 -7.36 -4.4 38.87
EPS Growth(%) -19.53 112.94 38.45 24.25 -0.93 -49.02 49.16 42.65 -7.36 -4.4 38.88
Debt/Equity(x) 0.36 0.12 0.04 0 0 0.09 0 0 0 0 0
Current Ratio(x) 1.4 2.03 3.72 5.54 7.1 4.88 7.04 5.39 5.02 6.89 6.85
Quick Ratio(x) 0.77 1.26 2.07 4.34 3.86 3.48 5.58 3.9 3.71 5.44 5.43
Interest Cover(x) 12.96 26.57 73.97 1370.93 2113.3 278 105.5 1177 1114 1074 1415
Total Debt/Mcap(x) 0.11 0.03 0.01 0 0 0.08 0 0 0 0 0

SNL Bearings Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 74.39 74.39 74.39 74.39 74.39 74.39 74.39 74.39 74.39 74.39
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 25.6 25.6 25.6 25.6 25.6 25.6 25.6 25.6 25.61 25.61
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

SNL Bearings News

SNL Bearings Pros & Cons

Pros

  • Company has delivered good profit growth of 22% CAGR over last 5 years
  • Debtor days have improved from 72.67 to 52.52days.
  • Company is almost debt free.

Cons

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