Bimetal Bearings Ltd

Bimetal Bearings Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Bimetal Bearings Ltd

₹ 561 0.18%
08 Apr 1:36 p.m.
bimite.co.in BSE: 505681
About

Incorporated in 1961, Bimetal Bearings
Ltd manufactures Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips[1]

Key Points

Business Overview:[1][2]
BBL was established in collaboration with Clevite Inc., USA and Repco Limited, Australia. It is a member of the Amalgamations group. Company manufactures Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips. It has an OEM base covering all segments of the automotive spectrum including Passenger cars, MUVs, LCVs, M&HCVs, Tractors, Industrial engines, two wheelers, defence and railway establishments

Website BSE
  • Market Cap ₹ 215 Cr.
  • Current Price ₹ 561
  • High / Low ₹ 843 / 470
  • Stock P/E 20.4
  • Book Value ₹ 580
  • Dividend Yield 2.23 %
  • ROCE 5.61 %
  • ROE 4.09 %
  • Face Value ₹ 10.0
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    Pros

    • Company is almost debt free.
    • Stock is trading at 0.97 times its book value
    • Company has been maintaining a healthy dividend payout of 62.9%

    Cons

    • The company has delivered a poor sales growth of 2.51% over past five years.
    • Company has a low return on equity of 3.68% over last 3 years.
    • Earnings include an other income of Rs.6.46 Cr.

    * 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.

    Peer comparison

    Sector: Bearings Industry: Bearings

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      Quarterly Results

      Standalone Figures in Rs. Crores / View Consolidated

      Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
      53.63 54.50 53.91 61.75 54.01 59.63 58.83 59.00 55.03 60.81 58.28 62.61 54.08
      52.67 50.46 51.36 56.91 49.76 55.36 54.72 55.36 53.96 57.58 53.60 59.47 51.87
      Operating Profit 0.96 4.04 2.55 4.84 4.25 4.27 4.11 3.64 1.07 3.23 4.68 3.14 2.21
      OPM % 1.79% 7.41% 4.73% 7.84% 7.87% 7.16% 6.99% 6.17% 1.94% 5.31% 8.03% 5.02% 4.09%
      0.71 0.92 0.89 2.21 0.76 0.71 1.83 1.87 1.97 1.43 1.47 1.69 1.87
      Interest 0.10 0.17 0.10 0.20 0.21 0.23 0.18 0.19 0.19 0.31 0.19 0.19 0.19
      Depreciation 1.57 1.70 1.50 1.67 1.77 1.77 1.75 1.82 1.80 2.02 1.80 1.87 1.95
      Profit before tax -0.00 3.09 1.84 5.18 3.03 2.98 4.01 3.50 1.05 2.33 4.16 2.77 1.94
      Tax % 28.16% 28.26% 28.38% 28.05% 16.78% 27.93% 28.00% 23.81% 4.29% 28.85% 14.44% -52.06%
      0.01 2.21 1.32 3.72 2.17 2.47 2.88 2.53 0.81 2.23 2.96 2.37 2.95
      EPS in Rs 0.03 5.78 3.45 9.73 5.67 6.46 7.53 6.61 2.12 5.83 7.74 6.20 7.71
      Raw PDF

      Profit & Loss

      Standalone Figures in Rs. Crores / View Consolidated

      Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
      161 146 157 142 144 182 206 149 158 197 229 234 236
      152 141 151 133 138 169 190 149 154 189 213 221 223
      Operating Profit 9 5 6 9 6 13 17 0 5 8 16 12 13
      OPM % 6% 3% 4% 6% 4% 7% 8% 0% 3% 4% 7% 5% 6%
      5 5 6 3 6 4 4 7 5 4 4 7 6
      Interest 1 1 1 0 0 0 0 0 1 1 1 1 1
      Depreciation 4 4 4 4 4 4 5 6 6 6 7 7 8
      Profit before tax 9 5 7 7 7 13 15 1 4 5 13 11 11
      Tax % 26% 23% 25% 31% 27% 23% 33% -18% -5% 27% 26% 23%
      7 4 6 5 5 10 10 2 4 4 10 8 11
      EPS in Rs 17.67 10.09 14.59 13.15 13.07 26.54 26.95 4.31 10.30 9.70 25.28 22.07 27.48
      Dividend Payout % 51% 69% 51% 57% 57% 34% 37% 162% 78% 83% 50% 57%
      Compounded Sales Growth
      10 Years: 5%
      5 Years: 3%
      3 Years: 14%
      TTM: 1%
      Compounded Profit Growth
      10 Years: 10%
      5 Years: -4%
      3 Years: 28%
      TTM: 21%
      Stock Price CAGR
      10 Years: 5%
      5 Years: 23%
      3 Years: 19%
      1 Year: -9%
      Return on Equity
      10 Years: 4%
      5 Years: 3%
      3 Years: 4%
      Last Year: 4%

      Balance Sheet

      Standalone Figures in Rs. Crores / View Consolidated

      Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
      Equity Capital 4 4 4 4 4 4 4 4 4 4 4 4 4
      Reserves 133 134 136 154 160 171 178 170 182 189 197 210 218
      1 1 -0 -0 -0 -0 -0 4 5 6 9 9 10
      27 28 28 24 31 31 34 31 43 42 45 47 55
      Total Liabilities 166 166 168 182 195 206 215 208 233 241 256 270 287
      36 37 35 33 36 42 47 49 64 65 75 76 80
      CWIP 2 3 1 4 3 1 2 13 3 8 3 3 2
      Investments 15 20 18 35 39 45 47 41 53 57 57 72 80
      112 106 113 110 117 118 120 106 113 112 120 119 125
      Total Assets 166 166 168 182 195 206 215 208 233 241 256 270 287

      Cash Flows

      Standalone Figures in Rs. Crores / View Consolidated

      Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
      8 20 -7 7 5 12 12 13 9 9 12 9
      -3 -16 13 -5 -2 -10 -9 -9 -7 -6 -7 -4
      -5 -4 -5 -4 -4 -4 -4 -5 -2 -3 -4 -6
      Net Cash Flow -0 0 1 -1 0 -1 -1 -2 0 -0 0 -1

      Ratios

      Standalone Figures in Rs. Crores / View Consolidated

      Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
      Debtor Days 79 83 93 91 95 102 90 101 110 88 78 82
      Inventory Days 223 184 199 227 236 167 157 190 210 158 154 143
      Days Payable 47 50 64 72 122 96 85 104 136 105 94 92
      Cash Conversion Cycle 255 218 228 245 209 174 163 186 184 142 138 133
      Working Capital Days 170 169 167 188 201 153 130 158 155 122 116 113
      ROCE % 7% 4% 5% 5% 4% 8% 9% 1% 2% 3% 7% 6%

      Shareholding Pattern

      Numbers in percentages

      Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
      74.88% 74.88% 74.88% 74.88% 74.88% 74.88% 74.88% 74.88% 74.88% 74.88% 74.88% 74.88%
      25.12% 25.12% 25.12% 25.13% 25.11% 25.11% 25.12% 25.12% 25.11% 25.12% 25.11% 25.12%
      No. of Shareholders 7,1447,0787,1456,9576,3166,3166,4406,3676,2646,1716,1616,111

      Documents

      Announcements

      Annual reports