Benara Bearings

Why is Benara Bearings & Pistons Ltd falling/rising?

As of 28-Jun, the stock price of Benara Bearings & Pistons Ltd is stable at 10.45, with a year-to-date increase of +16.89% but a significant decline of -42.58% over the past year. Despite some positive short-term indicators, the stock shows a mixed outlook due to long-term declines and reduced trading activity.

As of 28-Jun, the stock price of Benara Bearings & Pistons Ltd is currently stable at 10.45, showing no change (0.00%). Over the past week, the stock has performed at par with the market, with a return of +0.00%, while the benchmark Sensex has declined by -0.40%. However, in the longer term, the stock has experienced a decline of -0.48% over the past month, contrasting with a +0.80% increase in the Sensex.<BR><BR>Year-to-date, Benara Bearings & Pistons Ltd has seen a significant increase of +16.89%, while the Sensex has decreased by -9.53%. Despite this positive year-to-date performance, the stock has faced considerable challenges over the past year, declining by -42.58%, compared to a smaller decline of -6.83% in the Sensex. Additionally, over three years, the stock has decreased by -35.49%, while the Sensex has risen by +22.42%. Over five years, the stock has also underperformed, with a decline of -20.89% against a +45.68% increase in the Sensex.<BR><BR>Today's trading performance indicates that the stock has outperformed its sector by 0.27%. However, it has shown erratic trading patterns, not trading on four out of the last twenty days. The stock's delivery volume has decreased by -28.57% compared to the five-day average, indicating falling investor participation. While the stock's price is currently higher than the 5-day, 20-day, and 50-day moving averages, it remains lower than the 100-day and 200-day moving averages, suggesting a mixed outlook.<BR><BR>In summary, while there are some positive indicators such as year-to-date performance and sector outperformance today, the overall trend shows significant declines over the longer term, coupled with reduced trading activity and investor participation, which may contribute to the stock's current stability at 10.45.

Which are the latest news on Benara Bearings?

What does Benara Bearings do?

Benara Bearings & Pistons Ltd is a micro-cap industrial manufacturing company that specializes in bearings and pistons. It was incorporated in 1990 and has undergone several name changes, with its current name adopted in 2002.

Overview:<BR>Benara Bearings & Pistons Ltd operates in the industrial manufacturing sector and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was originally incorporated as Benara Automotives Private Limited in 1990. It underwent several name changes, becoming a public limited company as PHB Engineerings Limited in 1993, then PHB Engineering Limited later that same year, and finally adopting its current name, Benara Bearings & Pistons Limited, in 2002. There is no recent sales or profit data available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 19 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 11<BR>Dividend Yield: 0.00%<BR>Debt-Equity: -7.35<BR>Return on Equity: 328.39%<BR>Price-to-Book: -2.22<BR><BR>Contact Details:<BR>Address: A-3 & 4 Site B Industrial Area, Sikandra Agra Uttar Pradesh : 282007<BR>Phone: 91-562-2970158<BR>Email: investorgrievance@benara-phb.com<BR>Website: http://www.benara-phb.com

How big is Benara Bearings?

As of 10th June, Benara Bearings & Pistons Ltd has a market capitalization of 19.00 Cr, classifying it as a Micro Cap company, with recent net sales of 67.08 Cr and a net profit of 4.09 Cr for the quarter ending September 2017. As of March 2024, shareholder's funds are 18.41 Cr and total assets are 72.33 Cr.

As of 10th June, <BR><BR>Market Cap: Benara Bearings & Pistons Ltd has a market capitalization of 19.00 Cr, classifying it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest quarter ending September 2017, the company reported Net Sales of 67.08 Cr and a Net Profit of 4.09 Cr.<BR><BR>Balance Sheet Snapshot: As of March 2024, the Shareholder's Funds amounted to 18.41 Cr, while the Total Assets were valued at 72.33 Cr.

Who are in the management team of Benara Bearings?

The management team of Benara Bearings includes Panna Lal Jain (Executive Chairman), Vivek Benara (Managing Director), Avinash Kashyap (Independent Director), Nirmala Devi Jain (Director), and Akhil Kumar Jain (Director), who oversee the company's operations and strategic direction.

The management team of Benara Bearings includes the following individuals:<BR><BR>1. **Panna Lal Jain** - Executive Chairman<BR>2. **Vivek Benara** - Managing Director<BR>3. **Avinash Kashyap** - Independent Director<BR>4. **Nirmala Devi Jain** - Director<BR>5. **Akhil Kumar Jain** - Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Who are the peers of the Benara Bearings?

Benara Bearings' peers include Hawa Engineers, Polymechplast Ma, Harish Textile, and others. In terms of management risk, Benara Bearings is rated below average, with a 1-year return of -44.12%, better than Quality RO Indu. but worse than Iykot Hitech at 43.64%.

Peers: The peers of Benara Bearings are Hawa Engineers, Polymechplast Ma, Harish Textile, Iykot Hitech, Veejay Lak. Eng., Sterling Powerg., Quality RO Indu., Thakral Services, Containe Tech., and Shivagrico Impl.<BR><BR>Quality Snapshot: Good management risk is observed at Hawa Engineers, while Average management risk is found at Polymechplast Ma, Harish Textile, and the rest. Below Average management risk is noted for Iykot Hitech, Veejay Lak. Eng., Benara Bearings, Sterling Powerg., Quality RO Indu., Containe Tech., and Shivagrico Impl. Growth is Good at Harish Textile, Average at Quality RO Indu., and the rest have Below Average growth. Capital Structure is Good at Polymechplast Ma, Below Average at Hawa Engineers, Harish Textile, Iykot Hitech, Veejay Lak. Eng., Benara Bearings, Sterling Powerg., Quality RO Indu., Containe Tech., and Shivagrico Impl., while Thakral Services does not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Iykot Hitech at 43.64%, while the lowest is Quality RO Indu. at -55.62%. Benara Bearings has a 1-year return of -44.12%, which is better than Quality RO Indu. but worse than Iykot Hitech. Additionally, the six-month return is negative for Hawa Engineers, Polymechplast Ma, Harish Textile, Veejay Lak. Eng., Sterling Powerg., Quality RO Indu., Containe Tech., and Shivagrico Impl.

Is Benara Bearings overvalued or undervalued?

As of August 18, 2025, Benara Bearings is classified as risky and overvalued, with troubling financial ratios such as a PE of -1.02 and a year-to-date return of -20.93%, significantly underperforming compared to its peers and the Sensex.

As of 18 August 2025, the valuation grade for Benara Bearings has moved from does not qualify to risky, indicating a significant deterioration in its financial health. The company is currently assessed as overvalued. Key ratios reflect this concerning trend, with a PE ratio of -1.02, an EV to EBIT of -5.11, and a ROE of -123.55%, which highlights severe profitability issues.<BR><BR>In comparison to its peers, Benara Bearings stands out negatively; for instance, NRB Bearings has a PE ratio of 20.33 and is classified as fair, while Schaeffler India is deemed very expensive with a PE of 60.92. The stark contrast in valuation metrics underscores the challenges Benara Bearings faces in the industrial manufacturing sector. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -20.93% compared to the Sensex's 4.01%, further reinforcing the perception of overvaluation.

How has been the historical performance of Benara Bearings?

Benara Bearings has faced a significant decline in net sales and profitability, with net sales dropping from INR 110.65 crore in March 2020 to INR 15.05 crore in March 2024, resulting in consistent losses and negative operating profit. Despite a slight recovery in cash flow from operating activities, the company continues to experience financial challenges.

Answer:<BR>The historical performance of Benara Bearings shows a significant decline in net sales and profitability over the years, culminating in losses in recent periods.<BR><BR>Breakdown:<BR>Benara Bearings has experienced a substantial decrease in net sales from INR 110.65 crore in March 2020 to INR 15.05 crore in March 2024. This downward trend is mirrored in total operating income, which fell from INR 145.42 crore in March 2018 to INR 15.05 crore in March 2024. The company's total expenditure, excluding depreciation, also decreased from INR 104.58 crore in March 2020 to INR 17.46 crore in March 2024, yet operating profit remained negative, with an operating profit of -1.96 crore in March 2024. Profit before tax has consistently been negative since March 2020, reaching -3.38 crore in March 2024, while profit after tax also reflected losses, amounting to -3.17 crore in the same period. The company's total liabilities decreased from INR 130.39 crore in March 2020 to INR 77.12 crore in March 2023, and total assets followed a similar trend, declining from INR 130.39 crore to INR 77.12 crore. Cash flow from operating activities showed a slight recovery with INR 2.00 crore in March 2023, but overall cash flow remained stagnant, indicating ongoing financial challenges for the company.

When is the next results date for Benara Bearings?

Benara Bearings will announce its results on 28 July 2025.

Benara Bearings will declare its results on 28 July 2025.

Who are the top shareholders of the Benara Bearings?

The top shareholders of Benara Bearings include Sarla Jain, who holds 15.16%, and Cnm Finvest Private Limited, the largest public shareholder at 3.84%. Individual investors own a total of 16.72%, with no mutual funds or foreign institutional investors currently involved.

The top shareholders of Benara Bearings include the promoters, with Sarla Jain holding the highest stake at 15.16%. Additionally, Cnm Finvest Private Limited is the largest public shareholder, owning 3.84%. Individual investors collectively hold 16.72% of the shares. Notably, there are no mutual funds or foreign institutional investors currently holding shares in the company.

What is the technical trend for Benara Bearings?

As of June 4, 2025, the market trend is neutral with mixed signals, showing a shift from mildly bearish to sideways, as indicated by various technical indicators like MACD, RSI, and Bollinger Bands.

As of 4 June 2025, the technical trend has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across various indicators. The weekly MACD remains bearish, while the monthly MACD is mildly bearish. The RSI shows no signal on the weekly chart but is bullish on the monthly chart. Bollinger Bands indicate a mildly bearish outlook on the weekly and sideways on the monthly. Daily moving averages are mildly bullish, contrasting with the weekly Dow Theory, which is mildly bullish, and the monthly Dow Theory, which is mildly bearish. Overall, the strength of the trend is weak, reflecting indecision in the market.

Has Benara Bearings declared dividend?

Yes, Benara Bearings & Pistons Ltd has declared a 2% dividend, amounting to 0.2 per share, with an ex-date of September 19, 2019. However, the dividend yield is 0%, indicating it does not contribute to returns, which have varied across different time periods.

Benara Bearings & Pistons Ltd has declared a 2% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 2%<BR>- Amount per share: 0.2<BR>- Ex-date: 19 Sep 19<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>Over the 6-month period, the price return was 5.72%, with a dividend return of 0%, resulting in a total return of 5.72%.<BR><BR>In the 1-year period, the price return was 21.88%, with a dividend return of 0%, leading to a total return of 21.88%.<BR><BR>For the 2-year period, the price return was 11.64%, with a dividend return of 0%, giving a total return of 11.64%.<BR><BR>During the 3-year period, the price return was 71.89%, with a dividend return of 0%, resulting in a total return of 71.89%.<BR><BR>In the 4-year period, the price return was 36.79%, with a dividend return of 0%, leading to a total return of 36.79%.<BR><BR>Over the 5-year period, the price return was -6.65%, with a dividend return of 0%, resulting in a total return of -6.65%.<BR><BR>Overall, while Benara Bearings has declared a dividend, the dividend yield remains at 0%, indicating that the dividend does not contribute to returns in recent periods. The total returns show a mix of positive and negative performance over different time frames, with significant price appreciation observed in the 3-year period.