Vishal Bearings

What does Vishal Bearings do?

Vishal Bearings Ltd is a micro-cap company in the auto components industry, specializing in various bearing products. As of March 2025, it reported net sales of 22 Cr and a net profit of 1 Cr, with a market cap of Rs 93 Cr.

Overview:<BR>Vishal Bearings Ltd is a micro-cap company operating in the auto components and equipment industry, specializing in a wide range of bearing products including tapered, spherical, and cylindrical roller bearings.<BR><BR>History:<BR>Vishal Bearings Limited was incorporated on 24 July, 1991. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 22 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 93 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 55 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.37 <BR>Return on Equity: -6.12% <BR>Price-to-Book: 2.63 <BR><BR>Contact Details:<BR>Address: Survey No 22/1 Plot No 1, Shapar Main Road Rajkot Gujarat : 360024 <BR>Tel: 91-2827-252273/252414 <BR>Email: compliance@vishalbearings.com <BR>Website: http://www.vishalbearings.com

What is the bonus history of the Vishal Bearings?

Vishal Bearings has issued bonuses to shareholders, with the most recent being a 4:5 bonus on February 28, 2019, and a previous 1:4 bonus on December 15, 2016. This demonstrates the company's commitment to rewarding its shareholders.

Vishal Bearings has a history of issuing bonuses to its shareholders. The most recent bonus was a 4:5 bonus issue, which was announced with an ex-date of February 28, 2019, and a record date of March 4, 2019. Prior to that, the company issued a 1:4 bonus on December 15, 2016, with a record date of December 16, 2016. This reflects the company's commitment to rewarding its shareholders through bonus issues over the years.

Has Vishal Bearings declared dividend?

Yes, Vishal Bearings has declared a 5% dividend (0.5 per share) with an ex-date of November 2, 2021. The dividend yield is 0%, and total returns have varied significantly, showing positive performance over longer periods despite recent declines.

Yes, Vishal Bearings has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 02 Nov 21<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 Months period, the price return was -21.23%, the dividend return was 0%, resulting in a total return of -21.23%.<BR><BR>In the 1 Year period, the price return was -37.9%, the dividend return was 0%, leading to a total return of -37.9%.<BR><BR>In the 2 Years period, the price return was -28.11%, the dividend return was 0%, which resulted in a total return of -28.11%.<BR><BR>In the 3 Years period, the price return was 52.51%, the dividend return was 0%, culminating in a total return of 52.51%.<BR><BR>In the 4 Years period, the price return was 101.45%, the dividend return was 1.47%, giving a total return of 102.92%.<BR><BR>In the 5 Years period, the price return was 363.89%, the dividend return was 1.82%, resulting in a total return of 365.71%.<BR><BR>Overall, while Vishal Bearings declared a dividend, the dividend yield remains at 0%. The total returns over various periods show significant fluctuations, with positive returns in the longer term despite recent negative trends in shorter periods.

Who are the peers of the Vishal Bearings?

Vishal Bearings' peers include Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, Universal Auto., Porwal Auto Comp, Rasandik Engg., and G S Auto Intl. In terms of management risk, growth, and capital structure, Vishal Bearings ranks average or below average compared to its peers, with a 1-year return of -34.49%.

Peers: The peers of Vishal Bearings are Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, Universal Auto., Porwal Auto Comp, Rasandik Engg., and G S Auto Intl.<BR><BR>Quality Snapshot: Excellent management risk is observed at Schaeffler India and Tube Investments, while Good management risk is found at Bosch, Bharat Forge, and the rest. Average management risk is present at Samvardh. Mothe. and Vishal Bearings, while Below Average management risk is seen at Universal Auto., Porwal Auto Comp, Rasandik Engg., and G S Auto Intl. In terms of Growth, Excellent growth is noted at Schaeffler India and Tube Investments, while Good growth is found at Bharat Forge and G S Auto Intl., Average growth is seen at Bosch, and Below Average growth is present at Vishal Bearings, Universal Auto., Porwal Auto Comp, Rasandik Engg. and the rest. For Capital Structure, Excellent capital structure is observed at Bosch, Schaeffler India, and Tube Investments, while Good capital structure is noted at Samvardh. Mothe., Average capital structure is found at Porwal Auto Comp, and Below Average capital structure is present at Vishal Bearings, Universal Auto., Rasandik Engg., and G S Auto Intl.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Bosch at 4.37%, while the peer with the lowest is Universal Auto. at -55.86%. Vishal Bearings has a 1-year return of -34.49%, which is higher than Universal Auto. but lower than Bosch. Additionally, several peers, including Universal Auto., Tube Investments, and Rasandik Engg., have negative six-month returns.

What is the technical trend for Vishal Bearings?

As of May 26, 2025, Vishal Bearings shows a mildly bearish trend overall, with mixed signals from key indicators like MACD, RSI, and Bollinger Bands across weekly and monthly time frames.

As of 26 May 2025, the technical trend for Vishal Bearings has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish, suggesting mixed signals. The RSI shows no signal on the weekly chart but is bullish on the monthly, indicating potential strength in the longer term. Bollinger Bands are mildly bearish on both weekly and monthly time frames, aligning with the daily moving averages, which are also mildly bearish. The KST shows a mildly bullish trend weekly but is bearish monthly, further contributing to the mixed outlook. Dow Theory indicates a mildly bullish trend on the weekly chart but no trend on the monthly. Overall, the current stance is mildly bearish, with key indicators reflecting a lack of strong momentum in either direction.

Who are in the management team of Vishal Bearings?

As of March 2022, the management team of Vishal Bearings includes Dilipkumar Gordhandas Changela (Managing Director), Ketankumar Savaliya (Company Secretary & Compliance Officer), Amee Ketankumar Dadhania and Amit Pravinbhai Nindroda (Independent Directors), and Divyesh Hiralal Changela (Additional Whole Time Director).

As of March 2022, the management team of Vishal Bearings includes the following individuals:<BR><BR>1. Dilipkumar Gordhandas Changela - Managing Director<BR>2. Ketankumar Savaliya - Company Secretary & Compliance Officer<BR>3. Amee Ketankumar Dadhania - Independent Director<BR>4. Amit Pravinbhai Nindroda - Independent Director<BR>5. Divyesh Hiralal Changela - Additional Whole Time Director<BR><BR>These individuals play key roles in the company's governance and operations.

Who are the top shareholders of the Vishal Bearings?

The top shareholders of Vishal Bearings are mainly promoters, with Hiralal Gordhandas Changela holding the largest stake at 11.32%. Individual investors own 27.54% of the shares, and there are no mutual funds, FIIs, or pledged promoter holdings.

The top shareholders of Vishal Bearings are primarily the promoters, with Hiralal Gordhandas Changela holding the highest individual stake at 11.32%. There are no mutual funds or foreign institutional investors (FIIs) holding shares in the company. Additionally, individual investors collectively hold 27.54% of the shares. There are no pledged promoter holdings or significant public shareholders noted.

How big is Vishal Bearings?

As of 24th July, Vishal Bearings Ltd has a market capitalization of 92.00 Cr, with recent net sales of 86.64 Cr and a net loss of 2.17 Cr over the last four quarters. Shareholder's funds are 35.44 Cr, and total assets amount to 104.72 Cr.

As of 24th July, <BR><BR>Market Cap: Vishal Bearings Ltd has a market capitalization of 92.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 86.64 Cr, while the sum of Net Profit for the same period reflects a loss of 2.17 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2024. Shareholder's Funds stand at 35.44 Cr, and Total Assets amount to 104.72 Cr.

How has been the historical performance of Vishal Bearings?

Vishal Bearings has shown declining financial performance, with net sales dropping from INR 115.03 crore in March 2023 to INR 86.64 crore in March 2025, resulting in a negative profit before tax of INR -2.71 crore in March 2025. The company faces challenges in profitability and cost management, as indicated by reduced operating profit and increased liabilities.

Answer:<BR>The historical performance of Vishal Bearings shows a fluctuating trend in key financial metrics over the years, with a notable decline in recent periods.<BR><BR>Breakdown:<BR>Vishal Bearings experienced a decrease in net sales from INR 115.03 crore in March 2023 to INR 86.64 crore in March 2025. Total operating income followed a similar trend, dropping from INR 115.52 crore in March 2023 to INR 86.64 crore in March 2025. The raw material cost also decreased, from INR 67.32 crore in March 2023 to INR 52.11 crore in March 2025. However, total expenditure excluding depreciation fell from INR 95.72 crore in March 2023 to INR 78.94 crore in March 2025, leading to a decline in operating profit, which fell from INR 19.80 crore in March 2023 to INR 7.94 crore in March 2025. The profit before tax turned negative in March 2025 at INR -2.71 crore, down from INR 10.88 crore in March 2023, resulting in a profit after tax of INR -2.59 crore in March 2025 compared to INR 8.01 crore in March 2023. The company's total liabilities increased from INR 93.25 crore in March 2023 to INR 106.18 crore in March 2025, while total assets also rose from INR 93.25 crore to INR 106.18 crore during the same period. Cash flow from operating activities showed a slight decrease, with INR 8.00 crore in March 2025 compared to INR 11.00 crore in March 2023. Overall, the financial performance of Vishal Bearings indicates challenges in maintaining profitability and managing costs effectively in recent years.

Is Vishal Bearings overvalued or undervalued?

As of December 2, 2025, Vishal Bearings is fairly valued with a PE ratio of -49.54 and an EV to EBITDA ratio of 15.82, but it has underperformed significantly year-to-date with a 37.10% decline compared to the Sensex's 8.96% gain, contrasting with its expensive peers like Schaeffler India and Timken India.

As of 2 December 2025, Vishal Bearings has moved from an expensive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of -49.54, an EV to EBITDA ratio of 15.82, and a Price to Book Value of 2.36. Notably, its ROCE stands at 2.70%, while ROE is at -4.76%, indicating challenges in generating returns on equity.<BR><BR>In comparison to its peers, Vishal Bearings shows a stark contrast to Schaeffler India, which is categorized as very expensive with a PE ratio of 57.44, and Timken India, also very expensive at a PE of 52.31. On the other hand, SKF India and NRB Bearings are considered very attractive, with PE ratios of 17.37 and 20.58, respectively. Despite recent stock performance showing a 2.28% return over the past week compared to a 0.65% return for the Sensex, the longer-term view reveals a significant underperformance, with a year-to-date decline of 37.10% against the Sensex's 8.96% gain.

When is the next results date for Vishal Bearings Ltd?

The next results date for Vishal Bearings Ltd is 12 February 2026.

The next results date for Vishal Bearings Ltd is scheduled for 12 February 2026.

Are Vishal Bearings Ltd latest results good or bad?

Vishal Bearings Ltd's latest Q3 FY26 results are concerning, showing a net loss of ₹2.45 crores and a significant drop in operating margin to 0.97%, indicating ongoing financial and operational challenges. Overall, the performance suggests a bearish outlook for the company.

Vishal Bearings Ltd's latest results for Q3 FY26 indicate a challenging situation for the company. The net profit for the quarter was a loss of ₹2.45 crores, a significant decline from a profit of ₹1.78 crores in the previous quarter. This marks a concerning trend, as the company has reported losses in three of the last seven quarters.<BR><BR>While the revenue for the quarter was ₹20.60 crores, which shows a year-on-year growth of 7.40%, it also reflects a sequential decline of 5.29% from the previous quarter. More troubling is the operating margin, which plummeted to just 0.97% from 19.68% in Q2 FY26, highlighting severe operational inefficiencies and cost pressures.<BR><BR>Additionally, the negative PAT margin of -11.89% further underscores the financial difficulties the company is facing. The overall performance suggests that Vishal Bearings is struggling with profitability amidst operational challenges, leading to deteriorating investor confidence and a bearish outlook for the stock.<BR><BR>In summary, the latest results can be characterized as bad, with multiple indicators pointing to significant operational and financial issues.

Should I buy, sell or hold Vishal Bearings Ltd?

Why is Vishal Bearings Ltd falling/rising?

As of 05-May, Vishal Bearings Ltd's stock price is at 63.00, down 1.47%. The stock has significantly underperformed over the past year and three years, with weak fundamentals and declining institutional interest contributing to its current decline.

As of 05-May, Vishal Bearings Ltd's stock price is currently at 63.00, reflecting a decrease of 0.94, or 1.47%. The stock has underperformed its sector by 0.42% today and has experienced a trend reversal, falling after two consecutive days of gains. This decline can be attributed to several factors outlined in the performance metrics and market conditions.<BR><BR>Over the past year, the stock has generated a return of -24.43%, indicating significant underperformance compared to the benchmark, which has only seen a -4.68% return. Additionally, the stock has consistently underperformed against the BSE500 over the last three years, further highlighting its struggles in the market. The company's long-term fundamentals are weak, evidenced by a -43.39% compound annual growth rate (CAGR) in operating profits over the last five years and a high Debt to EBITDA ratio of 6.33 times, which suggests a low ability to service debt.<BR><BR>Despite a recent rise in investor participation, with delivery volume increasing by 49.39% against the five-day average, the overall sentiment remains negative. Institutional investors have decreased their stake by 0.9% in the previous quarter, indicating a lack of confidence from those with more resources to analyze the company's fundamentals. <BR><BR>In summary, the combination of weak long-term financial performance, declining institutional interest, and consistent underperformance against benchmarks has contributed to the current decline in Vishal Bearings Ltd's stock price.

Which are the latest news on Vishal Bearings?