SKP Bearing Industries Ltd
Incorporated in 1992, SKP Bearings Ltd manufactures & supplies Precision needle rollers, cylindrical rollers, pins and balls[1]
- Market Cap ₹ 358 Cr.
- Current Price ₹ 216
- High / Low ₹ 290 / 190
- Stock P/E 27.2
- Book Value ₹ 35.3
- Dividend Yield 0.51 %
- ROCE 31.0 %
- ROE 28.5 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 201 to 111 days.
- Company's working capital requirements have reduced from 273 days to 137 days
Cons
- Company might be capitalizing the interest cost
* 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|
| 10 | 49 | 50 | 51 | |
| 5 | 29 | 29 | 31 | |
| Operating Profit | 5 | 19 | 20 | 20 |
| OPM % | 48% | 40% | 41% | 39% |
| 1 | 1 | 0 | 1 | |
| Interest | 0 | 1 | 1 | 2 |
| Depreciation | 0 | 1 | 1 | 2 |
| Profit before tax | 5 | 18 | 18 | 18 |
| Tax % | 22% | 26% | 26% | |
| 4 | 13 | 13 | 13 | |
| EPS in Rs | 2.43 | 7.98 | 8.08 | 7.92 |
| Dividend Payout % | 0% | 13% | 14% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -23% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 28% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|
| Equity Capital | 15 | 17 | 17 | 17 |
| Reserves | 4 | 25 | 36 | 42 |
| 19 | 4 | 25 | 32 | |
| 3 | 7 | 12 | 7 | |
| Total Liabilities | 41 | 53 | 90 | 98 |
| 19 | 22 | 32 | 45 | |
| CWIP | 2 | 8 | 19 | 12 |
| Investments | 2 | 0 | 1 | 1 |
| 19 | 23 | 39 | 40 | |
| Total Assets | 41 | 53 | 90 | 98 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| -11 | 15 | 13 | |
| -23 | -9 | -32 | |
| 34 | -7 | 19 | |
| Net Cash Flow | 0 | -0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Debtor Days | 412 | 82 | 111 |
| Inventory Days | 1,108 | 140 | 228 |
| Days Payable | 225 | 49 | 131 |
| Cash Conversion Cycle | 1,294 | 173 | 207 |
| Working Capital Days | 569 | 114 | 137 |
| ROCE % | 45% | 31% |
Documents
Announcements
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Updates
15 February 2025 - Skp Bearing Industries Limited has informed regarding 'Disclosure as per Regulation 7(2) of SEBI (PIT) Regulations, 2015'.
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Updates
15 February 2025 - Skp Bearing Industries Limited has informed regarding 'Disclosure as per Regulation 7(2) of SEBI (PIT) Regulations, 2015'.
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Updates
3 February 2025 - Skp Bearing Industries Limited has informed regarding 'Intimation of Resignation of Company Secretary and Compliance Officer of the Company pursuantto Regulations 30 of the SEBI …
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Updates
30 January 2025 - Skp Bearing Industries Limited has informed regarding 'Disclosure as per Regulation 7(2) of SEBI (PIT) Regulations, 2015'.
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Updates
20 January 2025 - Skp Bearing Industries Limited has informed regarding 'Non applicability of Certificate for Compliance under Regulation 74(5) ofthe SEBI (Depositaries and Participants) Regulation, 2018'.
Business Overview:[1][2]
SKP BIL is a IATF -16949 certified manufacturer of precision rolling elements and pins. These rollers reduce frictional forces between two elements to facilitate the desired relative motion. It also offers customized products as per customer specific requirements. Company has recently diversified into power generation business with wind and solar plants