Bimetal Bearings Ltd
Incorporated in 1961, Bimetal Bearings
Ltd manufactures Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips[1]
- Market Cap ₹ 232 Cr.
- Current Price ₹ 607
- High / Low ₹ 699 / 470
- Stock P/E 20.7
- Book Value ₹ 585
- Dividend Yield 2.14 %
- ROCE 5.42 %
- ROE 4.78 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.04 times its book value
- Company has delivered good profit growth of 50.4% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 51.4%
Cons
- The company has delivered a poor sales growth of 9.90% over past five years.
- Tax rate seems low
- Company has a low return on equity of 4.61% over last 3 years.
- Earnings include an other income of Rs.5.62 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 146 | 157 | 142 | 144 | 182 | 206 | 149 | 158 | 197 | 229 | 234 | 239 | 257 | |
| 141 | 151 | 133 | 138 | 169 | 190 | 149 | 154 | 189 | 213 | 221 | 224 | 242 | |
| Operating Profit | 5 | 6 | 9 | 6 | 13 | 17 | 0 | 5 | 8 | 16 | 12 | 15 | 15 |
| OPM % | 3% | 4% | 6% | 4% | 7% | 8% | 0% | 3% | 4% | 7% | 5% | 6% | 6% |
| 5 | 6 | 3 | 6 | 4 | 4 | 7 | 5 | 4 | 4 | 7 | 6 | 6 | |
| Interest | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 0 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 5 | 6 | 6 | 6 | 7 | 7 | 8 | 8 |
| Profit before tax | 5 | 7 | 7 | 7 | 13 | 15 | 1 | 4 | 5 | 13 | 11 | 11 | 12 |
| Tax % | 23% | 25% | 31% | 27% | 23% | 33% | -18% | -5% | 27% | 26% | 23% | 5% | |
| 4 | 6 | 5 | 5 | 10 | 10 | 2 | 4 | 4 | 10 | 8 | 10 | 11 | |
| EPS in Rs | 10.09 | 14.59 | 13.15 | 13.07 | 26.54 | 26.95 | 4.31 | 10.30 | 9.70 | 25.28 | 22.07 | 27.19 | 29.36 |
| Dividend Payout % | 69% | 51% | 57% | 57% | 34% | 37% | 162% | 78% | 83% | 50% | 57% | 48% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 10% |
| 3 Years: | 7% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 50% |
| 3 Years: | 42% |
| TTM: | 34% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 16% |
| 3 Years: | 8% |
| 1 Year: | -11% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 4% |
| 3 Years: | 5% |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 134 | 136 | 154 | 160 | 171 | 178 | 170 | 182 | 189 | 197 | 210 | 216 | 220 |
| 1 | 0 | 0 | 0 | 0 | 0 | 4 | 5 | 6 | 9 | 9 | 9 | 1 | |
| 28 | 28 | 24 | 31 | 31 | 34 | 31 | 43 | 42 | 45 | 47 | 45 | 70 | |
| Total Liabilities | 166 | 168 | 182 | 195 | 206 | 215 | 208 | 233 | 241 | 256 | 270 | 274 | 295 |
| 37 | 35 | 33 | 36 | 42 | 47 | 49 | 64 | 65 | 75 | 76 | 79 | 79 | |
| CWIP | 3 | 1 | 4 | 3 | 1 | 2 | 13 | 3 | 8 | 3 | 3 | 3 | 1 |
| Investments | 20 | 18 | 35 | 39 | 45 | 47 | 41 | 53 | 57 | 57 | 72 | 71 | 75 |
| 106 | 113 | 110 | 117 | 118 | 120 | 106 | 113 | 112 | 120 | 119 | 121 | 139 | |
| Total Assets | 166 | 168 | 182 | 195 | 206 | 215 | 208 | 233 | 241 | 256 | 270 | 274 | 295 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 20 | -7 | 7 | 5 | 12 | 12 | 13 | 9 | 9 | 12 | 10 | 14 | |
| -16 | 13 | -5 | -2 | -10 | -9 | -9 | -7 | -6 | -7 | -6 | -7 | |
| -4 | -5 | -4 | -4 | -4 | -4 | -5 | -2 | -3 | -4 | -6 | -6 | |
| Net Cash Flow | 0 | 1 | -1 | 0 | -1 | -1 | -2 | 0 | -0 | 0 | -1 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 83 | 93 | 91 | 95 | 102 | 90 | 101 | 110 | 88 | 78 | 82 | 86 |
| Inventory Days | 184 | 199 | 227 | 236 | 167 | 157 | 190 | 210 | 158 | 154 | 143 | 135 |
| Days Payable | 50 | 64 | 72 | 122 | 96 | 85 | 104 | 136 | 105 | 94 | 92 | 88 |
| Cash Conversion Cycle | 218 | 228 | 245 | 209 | 174 | 163 | 186 | 184 | 142 | 138 | 133 | 133 |
| Working Capital Days | 169 | 167 | 188 | 201 | 153 | 130 | 150 | 144 | 112 | 106 | 103 | 101 |
| ROCE % | 4% | 5% | 5% | 4% | 8% | 9% | 1% | 2% | 3% | 7% | 6% | 5% |
Documents
Announcements
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Filing Of News-Paper Publication
2d - Postal ballot for re-appointment of Rashmi H. Urdhwareshe as independent director, three-year term from 9 Jan 2026.
-
Filing Of Postal Ballot Notice
6 Dec - Postal ballot for re-appointment of Mrs. Rashmi H. Urdhwareshe as independent director for three years from 9 Jan 2026.
-
Filing Of News Paper Publication
6 Dec - Unaudited Q2 FY2026 results published; board adopted Nov 14, 2025; newspaper publication Nov 15, 2025.
-
Board Meeting Outcome for SUBMISSION OF QUARTERLY RESULTS
14 Nov - Unaudited Q2/H1 results approved for Sept 30, 2025; H1 PAT standalone Rs.617.14L, consolidated Rs.621.57L.
-
RE-APPOINTMENT OF INDEPENDENT DIRECTOR
14 Nov - Rashmi H. Urdhwareshe re-appointed Independent Director effective 9 Jan 2026 for three years, subject to shareholder approval.
Annual reports
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Financial Year 2025
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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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