Bimetal Bearings

Why is Bimetal Bearings Ltd falling/rising?

As of 26-Jun, Bimetal Bearings Ltd's stock price is 635.00, down 1.55%, with a significant drop in delivery volume indicating reduced investor confidence. Despite a positive long-term performance, the current decline reflects a lack of buying interest at this price level.

As of 26-Jun, Bimetal Bearings Ltd's stock price is currently at 635.00, reflecting a decrease of 10.0 points or 1.55%. The stock has underperformed compared to the sector today by 0.53%. Over the past week, the stock has seen a decline of 0.77%, while the benchmark Sensex has only decreased by 0.40%. <BR><BR>Despite a positive performance over the longer term, with a 1-month increase of 11.01% and a year-to-date rise of 5.30%, the current drop in price can be attributed to a significant decline in investor participation, as evidenced by a 70.13% drop in delivery volume compared to the 5-day average. This suggests that fewer investors are willing to buy the stock at its current price, contributing to the downward pressure on the stock. <BR><BR>Additionally, while Bimetal Bearings is trading above its moving averages across various time frames, the falling delivery volume indicates a potential lack of confidence among investors, which could be influencing the stock's current decline.

Which are the latest news on Bimetal Bearings?

Should I buy, sell or hold Bimetal Bearings Ltd?

How big is Bimetal Bearings?

As of 10th June, Bimetal Bearings Ltd has a market capitalization of 248.00 Cr, with recent net sales of 296.99 Cr and a net profit of 11.73 Cr. Shareholder's funds are 225.51 Cr, and total assets amount to 279.54 Cr.

As of 10th June, Bimetal Bearings Ltd has a market capitalization of 248.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Bimetal Bearings reported Net Sales of 296.99 Cr and a Net Profit of 11.73 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 225.51 Cr and Total Assets of 279.54 Cr.

Who are in the management team of Bimetal Bearings?

The management team of Bimetal Bearings includes A Krishnamoorthy (Managing Director), S Narayanan (Whole-time Director), K Vidhya Shankar (Company Secretary), and several Independent and Non-Executive Directors: Krishna Srinivasan, R Vijayaraghavan, Rashmi Hemant Urdhwareshe, and Pasalai Sankaran Rajamani. They are responsible for overseeing the company's operations and governance.

The management team of Bimetal Bearings includes the following key individuals:<BR><BR>1. **A Krishnamoorthy** - Managing Director<BR>2. **S Narayanan** - Whole-time Director<BR>3. **K Vidhya Shankar** - Company Secretary & Compliance Officer<BR>4. **Krishna Srinivasan** - Independent Director<BR>5. **R Vijayaraghavan** - Independent Director<BR>6. **Rashmi Hemant Urdhwareshe** - Independent Director<BR>7. **Pasalai Sankaran Rajamani** - Non-Executive Director<BR><BR>This team plays a crucial role in overseeing the company's operations and governance.

Who are the peers of the Bimetal Bearings?

Bimetal Bearings' peers include PPAP Automotive, Remsons Ind., Sundaram Brake, Menon Pistons, SKP Bearing, Pritika Auto, Thaai, Pavna Industries, Setco Automotive, and Emmforce Auto. Management risk varies from excellent at Menon Pistons and Setco Automotive to below average at Pavna Industries, while Bimetal Bearings shows good growth and an excellent capital structure.

Peers: The peers of Bimetal Bearings are PPAP Automotive, Remsons Ind., Sundaram Brake, Menon Pistons, SKP Bearing, Pritika Auto, Thaai, Pavna Industries, Setco Automotive, and Emmforce Auto.<BR><BR>Quality Snapshot: Excellent management risk is observed at Menon Pistons and Setco Automotive, while Average management risk is found at PPAP Automotive, Remsons Ind., Sundaram Brake, SKP Bearing, Bimetal Bearings, Pritika Auto, Thaai, and Emmforce Auto. Below Average management risk is noted at Pavna Industries. For Growth, Good growth is seen at Bimetal Bearings, while Below Average growth is present at PPAP Automotive, Remsons Ind., Sundaram Brake, SKP Bearing, and the rest. Average growth is noted at Pritika Auto and Thaai, while Below Average growth is observed at Pavna Industries. In terms of Capital Structure, Excellent capital structure is noted at Menon Pistons and Bimetal Bearings, while Average capital structure is found at Remsons Ind. and the rest. Below Average capital structure is observed at PPAP Automotive, Sundaram Brake, SKP Bearing, Pritika Auto, Thaai, and Pavna Industries.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Setco Automotive at 0.06%, while the peer with the lowest 1-year return is Remsons Ind. at -41.64%. Bimetal Bearings' 1-year return is not available for comparison. Additionally, several peers, including Remsons Ind., Pavna Industries, and others, have negative six-month returns.

What does Bimetal Bearings do?

Bimetal Bearings Ltd is a Micro Cap company specializing in the production of engine bearings and related components, with recent quarterly net sales of 94 Cr and a net profit of 4 Cr. The company was established in 1961 and has a market cap of INR 248 Cr.

Overview:<BR>Bimetal Bearings Ltd is a major producer of engine bearings and related components in the Auto Components & Equipments industry, categorized 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 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 94 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 4 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 248 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 21.00<BR>- Industry P/E: 49<BR>- Dividend Yield: 2.03%<BR>- Debt Equity: -0.04<BR>- Return on Equity: 5.12%<BR>- Price to Book: 1.07<BR><BR>Contact Details:<BR>Address: Huzur Gardens Sembium, Chennai Tamil Nadu: 600011 <BR>Tel: 91-44-25375581 <BR>Email: vidhyashankar@bimite.co.in <BR>Website: http://www.bimite.co.in

Are Bimetal Bearings Ltd latest results good or bad?

Bimetal Bearings Ltd's latest Q4 FY26 results are strong, with a net profit increase of 122.22% and net sales growth of 47.52% quarter-over-quarter. However, the company faces ongoing challenges with capital efficiency, as indicated by low return on equity and capital employed, which could impact long-term sustainability.

Bimetal Bearings Ltd's latest results for Q4 FY26 can be characterized as good, particularly when looking at the significant improvements in key financial metrics. The company reported a net profit of ₹3.80 crores, which is a remarkable increase of 122.22% compared to the previous quarter and a 43.94% increase year-over-year. Additionally, net sales surged to ₹94.28 crores, reflecting a 47.52% quarter-over-quarter growth and a 47.06% increase year-over-year.<BR><BR>The operating margin also saw a substantial improvement, reaching 7.88%, the highest in eight quarters, indicating enhanced operational efficiency. Furthermore, the PAT margin improved to 4.03%, up from 2.68% in the previous quarter.<BR><BR>However, while these results are impressive on a quarterly basis, it is important to note that the company has faced ongoing challenges with capital efficiency, as indicated by its average return on equity of only 4.58% and return on capital employed of 2.80%. This suggests that despite the positive quarterly performance, there are underlying structural issues that could affect long-term sustainability.<BR><BR>In summary, while the latest quarterly results are strong and show significant improvement, the company still grapples with fundamental profitability challenges that investors should consider.

When is the next results date for Bimetal Bearings Ltd?

The next results date for Bimetal Bearings Ltd is 27 May 2026.

The next results date for Bimetal Bearings Ltd is scheduled for 27 May 2026.

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.

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.

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.

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.

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.