Bimetal Bearings

When is the next results date for Bimetal Bearings?

No Upcoming Board Meetings

Has Bimetal Bearings declared dividend?

Bimetal Bearings Ltd. has declared a dividend of 125% (₹12.5 per share) with an ex-date of July 12, 2024. Despite recent volatility, the company has shown strong long-term total returns, particularly driven by price appreciation.

Bimetal Bearings Ltd. has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 125%<BR>- Amount per share: 12.5<BR>- Ex-date: 12 Jul 24<BR><BR>Dividend Yield: 2.08%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -12.85%, with no dividend return, resulting in a total return of -12.85%.<BR><BR>Over the past year, the price return was -4.8%, with a dividend return of 1.96%, leading to a total return of -2.84%.<BR><BR>In the 2-year period, the price return was 36.66%, with a dividend return of 5.51%, resulting in a total return of 42.17%.<BR><BR>For the 3-year period, the price return was 90.73%, with a dividend return of 10.01%, culminating in a total return of 100.74%.<BR><BR>In the last 4 years, the price return was 79.19%, with a dividend return of 11.34%, leading to a total return of 90.53%.<BR><BR>Finally, over the past 5 years, the price return was 169.34%, with a dividend return of 19.05%, resulting in a total return of 188.39%.<BR><BR>Overall, Bimetal Bearings has declared a significant dividend, and while the recent returns have shown some volatility, the longer-term performance indicates a strong positive trend in total returns, particularly driven by price appreciation.

Who are the peers of the Bimetal Bearings?

Peers of Bimetal Bearings include Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, Jay Ushin, Omax Autos, IP Rings, Thaai, and Pritika Engineer. In terms of management risk, growth, and capital structure, Bosch and Schaeffler India generally perform the best, while Omax Autos and IP Rings rank lower.

Peers: The peers of Bimetal Bearings are Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, Jay Ushin, Omax Autos, IP Rings, Thaai, and Pritika Engineer.<BR><BR>Quality Snapshot: Excellent management risk is observed at Schaeffler India, Tube Investments, and Bharat Forge, while Good management risk is found at Bosch and the rest. Average management risk is present at Samvardh. Mothe., Jay Ushin, Bimetal Bearings, and Omax Autos, while Below Average management risk is noted at IP Rings and Pritika Engineer. For Growth, Excellent growth is seen at Samvardh. Mothe., Schaeffler India, and Tube Investments, while Good growth is found at Bharat Forge, Average growth at Bosch and Thaai, and Below Average growth at Jay Ushin, Bimetal Bearings, Omax Autos, and IP Rings. In terms of Capital Structure, Excellent capital structure is noted at Bosch, Schaeffler India, and Tube Investments, while Good capital structure is present at Bimetal Bearings, Average at Bharat Forge and Thaai, and Below Average at Jay Ushin, Omax Autos, IP Rings, and Pritika Engineer.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Bosch at 4.37%, while Omax Autos has the lowest at -36.69%. Bimetal Bearings' 1-year return of -3.18% is better than Omax Autos but worse than Bosch. Additionally, the six-month return is negative for Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, Jay Ushin, Omax Autos, IP Rings, and Pritika Engineer.

What is the technical trend for Bimetal Bearings?

As of April 7, 2025, Bimetal Bearings shows a mildly bearish technical trend, influenced by mixed signals from MACD and RSI, with daily moving averages leaning bearish despite some weekly indicators suggesting mild bullishness.

As of 7 April 2025, the technical trend for Bimetal Bearings has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The weekly RSI is bearish, while the monthly RSI shows no signal, further contributing to the mildly bearish stance. Moving averages on the daily time frame are mildly bearish, and the Bollinger Bands indicate a mildly bullish trend on the weekly but bearish on the monthly. The KST shows a mildly bullish trend weekly and mildly bearish monthly, while Dow Theory supports a mildly bullish outlook in both time frames. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from the MACD and RSI.

Is Bimetal Bearings overvalued or undervalued?

As of June 24, 2025, Bimetal Bearings is fairly valued with a PE ratio of 20.79, favorably positioned against peers like NRB Bearings and Galaxy Bearings, but has underperformed the Sensex year-to-date despite strong historical performance.

As of 24 June 2025, Bimetal Bearings has moved from a very attractive to an attractive valuation grade. The company appears to be fairly valued based on its current metrics. Key ratios include a PE ratio of 20.79, an EV to EBITDA of 16.24, and a Price to Book Value of 1.04. <BR><BR>In comparison to its peers, Bimetal Bearings is positioned favorably against NRB Bearings, which has a PE ratio of 21.49, and Galaxy Bearings at 21.42. However, it is significantly lower than the very expensive peers like Schaeffler India and Timken India, which have PE ratios of 63.29 and 56.73, respectively. While Bimetal Bearings has underperformed the Sensex year-to-date with a return of -11.09% compared to the Sensex's 5.01%, its strong historical performance over three and five years suggests resilience in its valuation.

Who are in the management team of Bimetal Bearings?

As of March 2023, the management team of Bimetal Bearings includes A Krishnamoorthy (Managing Director), S Narayanan (Whole-time Director), and several independent and non-executive directors, including Krishna Srinivasan, R Vijayaraghavan, Rashmi Hemant Urdhwareshe, and Pasalai Sankaran Rajamani, along with K Vidhya Shankar as Company Secretary & Compliance Officer.

As of March 2023, the management team of Bimetal Bearings includes the following individuals:<BR><BR>1. A Krishnamoorthy - Managing Director<BR>2. Krishna Srinivasan - Independent Director<BR>3. R Vijayaraghavan - Independent Director<BR>4. K Vidhya Shankar - Company Secretary & Compliance Officer<BR>5. S Narayanan - Whole-time Director<BR>6. Pasalai Sankaran Rajamani - Non-Executive Director<BR>7. Rashmi Hemant Urdhwareshe - Independent Director<BR><BR>As of March 2023, the management team of Bimetal Bearings consists of a diverse group of directors and officers, each holding specific roles within the company.

What does Bimetal Bearings do?

Bimetal Bearings Ltd. is a leading Indian manufacturer of engine bearings, classified as a Micro Cap company with a market cap of INR 246 Cr. As of March 2025, it reported net sales of 641 Cr and a net profit of 26 Cr.

Overview: <BR>Bimetal Bearings Ltd. is a major producer of engine bearings in India, operating within the Auto Components & Equipments industry and classified as a Micro Cap company.<BR><BR>History: <BR>Bimetal Bearings Limited was incorporated on April 19, 1961, in collaboration with Clevite Corporation, USA, and Repco Ltd, Australia. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 641 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 26 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 246 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 21.00 <BR>Industry P/E: 55 <BR>Dividend Yield: 2.08% <BR>Debt-Equity: -0.02 <BR>Return on Equity: 4.99% <BR>Price to Book: 1.06 <BR><BR>Contact Details: <BR>Address: Huzur Gardens Sembium, Chennai Tamil Nadu: 600011 <BR>Phone: 91-44-25375581 <BR>Email: vidhyashankar@bimite.co.in <BR>Website: http://www.bimite.co.in

Who are the top shareholders of the Bimetal Bearings?

The top shareholder of Bimetal Bearings is Simpson And Company Ltd, holding 49.0% of the shares. Individual investors collectively own 23.28%, with the highest public shareholder being Sethuvenkatraman N Mr at 1.02%.

The top shareholders of Bimetal Bearings primarily consist of promoters, with Simpson And Company Ltd holding the largest stake at 49.0%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Sethuvenkatraman N Mr, who owns 1.02% of the shares. Additionally, individual investors collectively hold 23.28% of the company's shares.

How big is Bimetal Bearings?

As of 24th July, Bimetal Bearings Ltd. has a market capitalization of 233.00 Cr, with net sales of 239.08 Cr and a net profit of 11.26 Cr over the latest four quarters. The company has shareholder's funds of 225.51 Cr and total assets of 279.54 Cr for the annual period ending in March 2025.

As of 24th July, Bimetal Bearings Ltd. has a market capitalization of 233.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Bimetal Bearings reported net sales of 239.08 Cr and a net profit of 11.26 Cr.<BR><BR>For the latest annual period ending in March 2025, the company has shareholder's funds amounting to 225.51 Cr and total assets of 279.54 Cr.

How has been the historical performance of Bimetal Bearings?

Bimetal Bearings has shown steady growth in net sales and profit over the years, with net sales increasing from 158.46 Cr in Mar'21 to 239.08 Cr in Mar'25, while profit after tax rose from 3.94 Cr to 8.80 Cr in the same period, despite some fluctuations in operating profit and cash flow metrics. Total assets grew from 209.39 Cr in Mar'20 to 279.54 Cr in Mar'25, indicating overall resilience in financial performance.

Answer:<BR>The historical performance of Bimetal Bearings shows a steady growth in net sales and profit over the years, with a slight decline in some metrics in recent periods.<BR><BR>Breakdown:<BR>Bimetal Bearings has demonstrated a consistent increase in net sales, rising from 158.46 Cr in Mar'21 to 239.08 Cr in Mar'25. The total operating income followed a similar trend, reaching 239.08 Cr in Mar'25, up from 149.13 Cr in Mar'20. However, the operating profit (PBDIT) has fluctuated, peaking at 19.07 Cr in Mar'23 before slightly declining to 18.03 Cr in Mar'25. Profit before tax also showed variability, with a high of 11.61 Cr in Mar'23, but dropping to 9.37 Cr in Mar'25. Profit after tax increased from 3.94 Cr in Mar'21 to 8.80 Cr in Mar'25, indicating improved profitability. The company's total assets grew from 209.39 Cr in Mar'20 to 279.54 Cr in Mar'25, while total liabilities also increased, reflecting a rise from 234.23 Cr in Mar'21 to 279.54 Cr in Mar'25. Cash flow from operating activities improved to 12.00 Cr in Mar'25, up from 8.00 Cr in Mar'24, although cash flow from investing and financing activities remained negative. Overall, Bimetal Bearings has shown resilience and growth in its financial performance despite some fluctuations in profit margins and cash flow metrics.

Are Bimetal Bearings Ltd. latest results good or bad?

Bimetal Bearings Ltd.'s latest results are concerning, showing a 53.30% decline in net profit and a 6.31% decrease in net sales quarter-on-quarter, leading to a "SELL" rating due to operational challenges and negative financial momentum.

Bimetal Bearings Ltd. has reported results that indicate a challenging financial situation. In the latest quarter ending September 2025, the company experienced a significant decline in consolidated net profit, which fell by 53.30% quarter-on-quarter to ₹1.98 crore. This sharp drop in profitability is concerning, especially when combined with a 6.31% decrease in net sales, which totaled ₹67.14 crore for the same period. <BR><BR>While there was a slight year-on-year improvement in net profit of 1.02% and net sales increased by 7.24% compared to the previous year, the quarter-on-quarter performance reflects operational difficulties. The operating margin also saw a notable decline, dropping to 4.96% from 7.55% in the prior quarter, indicating pressure on the company's operational efficiency.<BR><BR>Overall, the results suggest that Bimetal Bearings is facing significant challenges in maintaining profitability and managing operational costs, leading to a negative outlook. The stock carries a "SELL" rating, reflecting concerns about its near-term financial momentum and technical weaknesses. Therefore, the latest results can be characterized as bad, given the substantial declines in both profit and sales.

Should I buy, sell or hold Bimetal Bearings Ltd.?

Why is Bimetal Bearings Ltd. falling/rising?

As of 04-Mar, Bimetal Bearings Ltd. is experiencing a stock price decline to 543.20, down 2.02%, and has fallen for three consecutive days. The stock is trading below all key moving averages, indicating a bearish trend, while investor participation is decreasing, contributing to the downward pressure.

As of 04-Mar, Bimetal Bearings Ltd. is experiencing a decline in its stock price, currently at 543.20, which reflects a change of -11.2 or -2.02%. The stock has been on a downward trend, having fallen for the last three consecutive days, resulting in a total decline of -3.09% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>In terms of performance relative to the market, Bimetal Bearings has outperformed its sector by 1.93% today, but this is overshadowed by its overall negative returns over the past week and month, where it has seen declines of -2.19% and -5.67%, respectively. The broader market, represented by the Sensex, has also been declining, but Bimetal Bearings' performance has been slightly better in the short term.<BR><BR>Investor participation appears to be waning, as evidenced by a decrease in delivery volume, which has fallen by -6.31% against the 5-day average. This reduction in trading activity may contribute to the stock's downward pressure. Overall, the combination of consecutive price declines, lower trading volumes, and being below key moving averages suggests that Bimetal Bearings Ltd. is currently facing challenges that are contributing to its falling stock price.

Which are the latest news on Bimetal Bearings?