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Bimetal Bearings share price

Bimetal Bearings Ltd.

NSE: BIMETAL BSE: 505681 SECTOR: Bearings  11k   15   1

649.50
+12.90 (2.03%)
BSE: 25 Apr 04:01 PM

Price Summary

Today's High

₹ 654.45

Today's Low

₹ 631.15

52 Week High

₹ 730

52 Week Low

₹ 408.05

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

248.43 Cr.

Enterprise Value

251.12 Cr.

No. of Shares

0.38 Cr.

P/E

25.68

P/B

1.21

Face Value

₹ 10

Div. Yield

1.92 %

Book Value (TTM)

₹  535.76

CASH

2.48 Cr.

DEBT

5.17 Cr.

Promoter Holding

74.88 %

EPS (TTM)

₹  25.29

Sales Growth

16.44%

ROE

4.9 %

ROCE

6.88%

Profit Growth

161.09 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of Bimetal Bearings Ltd.

BIMITE

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year16.44%
3 Year15.42%
5 Year4.71%

Profit Growth

1 Year161.09%
3 Year80.48%
5 Year-0.96%

ROE%

1 Year4.9%
3 Year3.02%
5 Year3.16%

ROCE %

1 Year6.88%
3 Year4.06%
5 Year4.37%

Debt/Equity

0.0257

Price to Cash Flow

21.54

Interest Cover Ratio

15.230895375533

CFO/PAT (5 Yr. Avg.)

1.84811272107612

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 74.88 0
Dec 2023 74.88 0
Sep 2023 74.88 0
Jun 2023 74.88 0
Mar 2023 74.88 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 15.4210650401167% for the Past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 15.230895375533.
  • Company’s PEG ratio is 0.1594236253889.
  • The company has an efficient Cash Conversion Cycle of 61.8911920620143 days.
  • Company has a healthy liquidity position with current ratio of 2.93363628444496.
  • The company has a good cash flow management; CFO/PAT stands at 1.84811272107612.
  • The company has a high promoter holding of 74.88%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 12.4787060935081.

 Limitations

  • Company has a poor ROE of 3.01810455250436% over the past 3 years.
  • Company has a poor ROCE of 4.05539057415829% over the past 3 years

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2022 Sep 2022 Dec 2022 Jun 2023 Dec 2023
Net Sales 53.91 61.75 54.01 58.83 55.03
Total Expenditure 51.36 56.91 49.76 54.72 53.95
Operating Profit 2.55 4.84 4.25 4.11 1.08
Other Income 0.89 2.21 0.76 1.83 1.97
Interest 0.1 0.2 0.21 0.18 0.19
Depreciation 1.5 1.67 1.77 1.76 1.8
Exceptional Items 0 0 0 0 0
Profit Before Tax 1.84 5.18 3.02 4.01 1.06
Tax 0.52 1.47 0.86 1.12 0.25
Profit After Tax 1.32 3.71 2.17 2.88 0.81
Adjusted EPS (Rs) 3.44 9.71 5.67 7.53 2.12

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 206.41 149.13 158.46 196.93 229.31
Total Expenditure 189.72 149.77 154.13 188.88 213.22
Operating Profit 16.69 -0.64 4.33 8.05 16.08
Other Income 3.99 7.92 5.54 3.88 4.57
Interest 0.28 0.21 0.62 0.55 0.91
Depreciation 5.06 5.67 5.51 6.27 6.72
Exceptional Items 0 0 0 0 0
Profit Before Tax 15.35 1.4 3.75 5.11 13.02
Tax 5.04 -0.25 -0.2 1.4 3.34
Net Profit 10.31 1.65 3.94 3.71 9.67
Adjusted EPS (Rs.) 26.96 4.3 10.31 9.69 25.29

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 3.83 3.83 3.83 3.83 3.83
Total Reserves 177.55 169.55 182.01 189.49 197.41
Borrowings 0 0 0 0 0
Other N/C liabilities 46.29 48.72 10.52 12.37 21.3
Current liabilities 33.12 30.31 41.05 40.23 41.33
Total Liabilities 260.79 252.4 237.4 245.92 263.86
Assets
Net Block 46.84 48.6 64 64.82 68.54
Capital WIP 1.52 12.63 3.15 7.75 3.43
Intangible WIP 0 0 0 0 0
Investments 43.53 35.55 39.26 46.36 46.64
Loans & Advances 55.12 56.35 11.93 14.06 17.49
Other N/C Assets 0.05 0.06 0.02 0.12 6.52
Current Assets 113.72 99.21 119.05 112.8 121.24
Total Assets 260.79 252.4 237.4 245.92 263.86
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 15.35 1.4 3.75 5.11 13.02
Adjustment 3.49 0.63 2.34 4.09 4.36
Changes in Assets & Liabilities -2.26 10.69 -1.2 1.92 -2.86
Tax Paid -4.31 -0.12 4 -2.29 -2.98
Operating Cash Flow 12.27 12.6 8.89 8.82 11.54
Investing Cash Flow -9.17 -9.3 -6.83 -5.61 -6.72
Financing Cash Flow -4.18 -5.12 -1.95 -3.22 -4.32
Net Cash Flow -1.09 -1.82 0.11 -0.01 0.5

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 74.88 74.88 74.88 74.88 74.88
amalgamations private lim... 25.33 25.33 25.33 25.33 25.33
associated printers madra... 0.05 0.05 0.05 0.05 0.05
india pistons limited 0.16 0.16 0.16 0.16 0.16
simpson and company ltd 49.00 49.00 49.00 49.00 49.00
sri rama vilas 0.33 0.33 0.33 0.33 0.33
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 25.12 25.12 25.12 25.12 25.12
investor education and pr... - 0.59 0.59 - 0.64
investor education and pr... 0.59 - - 0.64 -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Bimetal Bearings informs about trading window closure2 Mar 2024, 12:16PM Bimetal Bearings - Quaterly Results12 Feb 2024, 6:58PM Bimetal Bearings - Quaterly Results12 Feb 2024, 6:58PM Bimetal Bearings informs about issuance of duplicate share certificates16 Dec 2023, 12:41PM Bimetal Bearings informs about press release30 Nov 2023, 4:34PM Bimetal Bearings - Quaterly Results10 Aug 2023, 6:27PM Bimetal Bearings - Quaterly Results10 Aug 2023, 6:27PM Bimetal Bearings informs about details of loss of certificate 17 Jun 2023, 1:00PM Bimetal Bearings informs about compliance certificate 29 Apr 2023, 2:52PM Bimetal Bearings informs about details of loss of certificate 15 Feb 2023, 4:56PM Bimetal Bearings - Quaterly Results13 Feb 2023, 6:10PM Bimetal Bearings - Quaterly Results6 Aug 2022, 12:19PM Bimetal Bearings - Quaterly Results6 Aug 2022, 12:19PM Bimetal Bearings - Quaterly Results6 Aug 2022, 12:19PM Bimetal Bearings informs about outcome of board meeting27 May 2022, 2:40PM Bimetal Bearings - Quaterly Results27 May 2022, 2:01PM Bimetal Bearings informs about details of shares dematerialized & rematerialized3 Mar 2022, 5:13PM Bimetal Bearings - Quaterly Results11 Feb 2022, 6:04PM Bimetal Bearings informs about compliance certificate11 Jan 2022, 12:25PM Bimetal Bearings informs about details of loss of share certificate4 Oct 2021, 3:55PM Bimetal Bearings informs about appointment of additional director28 Aug 2021, 3:23PM Bimetal Bearings informs about annual report23 Jul 2021, 12:42PM Bimetal Bearings informs about 60th AGM23 Jul 2021, 12:37PM Bimetal Bearings informs about resignation of non-executive director23 Jul 2021, 10:00AM Bimetal Bearings informs about cessation of independent director23 Jul 2021, 9:59AM Bimetal Bearings informs about appointment of independent director23 Jul 2021, 9:58AM Bimetal Bearings informs about disclosure28 Apr 2021, 2:33PM Bimetal Bearings starts commercial production of powder plant at Hosur28 Apr 2021, 1:35PM Bimetal Bearings to shift Thoraipakkam plant’s manufacturing activities to Hosur plant25 Aug 2020, 11:25AM Bimetal Bearings submits details of shares dematerialized14 Apr 2020, 10:49AM

Bimetal Bearings Stock Price Analysis and Quick Research Report. Is Bimetal Bearings an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a LOW P/E are undervalued (it depends on other factors too). Bimetal Bearings has a PE ratio of 25.6815800399359 which is high and comparatively overvalued .

  • Share Price: - The current share price of Bimetal Bearings is Rs 649.5. One can use valuation calculators of ticker to know if Bimetal Bearings share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Bimetal Bearings has ROA of 3.79523257647863 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Bimetal Bearings has a Current ratio of 2.93363628444496 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Bimetal Bearings has a ROE of 4.90351974136083 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Bimetal Bearings has a D/E ratio of 0.0257 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Bimetal Bearings has an Inventory turnover ratio of 4.60046844803581 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Bimetal Bearings has reported revenue growth of 16.4422620392681 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Bimetal Bearings for the current financial year is 7.01401608317198 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Bimetal Bearings is 12.5 and the yield is 1.9246 %.

Last Updated on:
Brief about Bimetal Bearings
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