SNL Bearings Ltd

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

SNL Bearings Ltd

₹ 357 1.03%
21 Feb - close price
snlbearings.in BSE: 505827
About

Incorporated in 1983, SNL Bearings Ltd manufactures and markets antifriction bearing products[1]

Key Points

Business Overview:[1][2]
SNL was promoted by Shriram group in technical collaboration with INA Germany. At present, it is a part of NRB Bearings Limited. Company does Needle Roller Bearing manufacturing for automobile industries and also manufactures industrial bearings used in Textile machineries and household appliances. Company's product is supplied ~90% to Original Equipment Manufacturers and remainder for replacement market / exports

Website BSE
  • Market Cap ₹ 129 Cr.
  • Current Price ₹ 357
  • High / Low ₹ 514 / 282
  • Stock P/E 12.7
  • Book Value ₹ 172
  • Dividend Yield 1.96 %
  • ROCE 18.7 %
  • ROE 13.6 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 29.2%

Cons

  • The company has delivered a poor sales growth of 3.25% 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.

Peer comparison

Sector: Bearings Industry: Bearings

Edit Columns
Loading peers table ...

Quarterly Results

Figures in Rs. Crores

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
10.24 10.69 11.30 13.92 11.32 11.33 11.80 13.02 11.41 11.46 12.19 12.71 12.48
7.63 8.11 8.37 10.41 8.56 9.04 9.70 10.15 8.88 8.61 9.06 9.56 8.91
Operating Profit 2.61 2.58 2.93 3.51 2.76 2.29 2.10 2.87 2.53 2.85 3.13 3.15 3.57
OPM % 25.49% 24.13% 25.93% 25.22% 24.38% 20.21% 17.80% 22.04% 22.17% 24.87% 25.68% 24.78% 28.61%
0.26 0.27 0.10 0.46 0.27 0.34 0.51 0.42 0.51 0.52 0.70 0.68 0.56
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00
Depreciation 0.37 0.38 0.38 0.37 0.38 0.39 0.39 0.40 0.40 0.38 0.39 0.38 0.38
Profit before tax 2.50 2.47 2.65 3.60 2.65 2.24 2.22 2.88 2.64 2.99 3.44 3.45 3.75
Tax % 24.00% 23.89% 26.04% 25.56% 23.77% 31.70% 25.68% 25.35% 26.14% 30.77% 24.71% 25.51% 22.40%
1.90 1.88 1.96 2.68 2.02 1.53 1.65 2.15 1.95 2.07 2.59 2.57 2.91
EPS in Rs 5.26 5.21 5.43 7.42 5.59 4.24 4.57 5.95 5.40 5.73 7.17 7.12 8.06
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
23 23 26 30 33 38 41 34 36 44 48 48 49
16 17 19 21 23 26 29 28 28 31 36 37 36
Operating Profit 7 6 8 9 11 12 11 6 9 12 11 10 13
OPM % 30% 24% 29% 32% 32% 31% 28% 17% 24% 28% 24% 22% 26%
0 1 0 -0 0 0 1 1 1 1 1 2 2
Interest 0 1 1 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 1 1 1 1 1 1 1 1 2 2 2
Profit before tax 6 5 7 9 10 11 11 6 8 12 11 11 14
Tax % 35% 32% 32% 33% 34% 28% 29% 25% 26% 25% 26% 27%
4 3 5 6 7 8 8 4 6 9 8 8 10
EPS in Rs 10.96 9.39 12.60 15.73 18.33 22.76 22.54 11.49 17.14 24.45 22.65 21.65 28.08
Dividend Payout % 0% 0% 0% 13% 16% 22% 22% 26% 26% 27% 29% 32%
Compounded Sales Growth
10 Years: 8%
5 Years: 3%
3 Years: 9%
TTM: 3%
Compounded Profit Growth
10 Years: 9%
5 Years: 0%
3 Years: 9%
TTM: 39%
Stock Price CAGR
10 Years: 13%
5 Years: 18%
3 Years: 7%
1 Year: 1%
Return on Equity
10 Years: 21%
5 Years: 15%
3 Years: 16%
Last Year: 14%

Balance Sheet

Figures in Rs. Crores

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 3 6 7 11 16 25 31 31 37 45 50 56 59
8 8 5 2 1 0 0 3 0 0 0 0 0
4 4 7 6 5 6 5 4 6 6 8 7 8
Total Liabilities 18 21 22 23 25 34 39 42 47 55 62 67 71
5 8 9 9 9 9 11 13 13 15 15 15 15
CWIP 0 0 0 0 0 0 0 0 1 0 1 0 0
Investments 0 0 0 0 1 9 8 10 8 15 15 14 26
13 13 13 14 15 16 20 19 25 25 31 37 30
Total Assets 18 21 22 23 25 34 39 42 47 55 62 67 71

Cash Flows

Figures in Rs. Crores

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

Ratios

Figures in Rs. Crores

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 68 91 71 78 75 69 56 70 82 57 50 49
Inventory Days 403 348 369 286 328 215 463 279 207 341 283 238
Days Payable 92 79 111 99 48 96 65 38 68 80 96 55
Cash Conversion Cycle 379 361 329 266 354 188 455 310 220 318 236 231
Working Capital Days 140 152 87 94 119 96 143 134 111 120 99 98
ROCE % 53% 36% 44% 55% 55% 47% 35% 15% 21% 26% 22% 19%

Shareholding Pattern

Numbers in percentages

Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
74.39% 74.39% 74.39% 74.39% 74.39% 74.39% 74.39% 74.39% 74.39% 74.39% 74.39% 74.39%
25.60% 25.60% 25.60% 25.61% 25.60% 25.60% 25.60% 25.60% 25.61% 25.60% 25.60% 25.62%
No. of Shareholders 5,6245,5715,5475,5215,5645,4755,9355,2315,1745,5685,7475,863

Documents

Announcements

Annual reports

Credit ratings