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.

Are Vishal Bearings latest results good or bad?

Vishal Bearings' latest results are concerning, with a Profit After Tax of Rs -1.67 crore, a 21.9% year-on-year decline, and a 4.3% drop in net sales. MarketsMOJO has issued a 'Strong Sell' recommendation due to these challenges in the company's financial health.

Vishal Bearings' latest financial results indicate a challenging situation for the company. For the quarter ending June 2025, the Profit After Tax (PAT) has dropped to Rs -1.67 crore, which represents a significant year-on-year decrease of 21.9%. This decline in profitability suggests that the company is facing difficulties in maintaining its financial health.<BR><BR>Additionally, the net sales have also seen a decrease of 4.3% compared to the same quarter last year, although this is an improvement from a much larger decline of 15.4% in the previous year. However, the overall performance remains concerning, as indicated by a decline in the company's score from 5 to -3 over the past three months.<BR><BR>Given these results, MarketsMOJO has issued a 'Strong Sell' recommendation for Vishal Bearings, reflecting serious concerns about the company's current performance and future outlook in the competitive auto components sector. Overall, the financial metrics highlight that Vishal Bearings is currently navigating a difficult period.

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.

Should I buy, sell or hold Vishal Bearings Ltd?

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.

Which are the latest news on Vishal Bearings?

Why is Vishal Bearings Ltd falling/rising?

As of 07-Feb, Vishal Bearings Ltd's stock price is declining at Rs 61.20, down 1.66%, and has significantly underperformed the Sensex. The stock is near its 52-week low, showing weak fundamentals and a negative outlook due to poor financial health and declining investor participation.

As of 07-Feb, Vishal Bearings Ltd is experiencing a decline in its stock price, currently at Rs 61.20, which reflects a change of -1.03 (-1.66%). The stock has underperformed significantly compared to the benchmark Sensex, which has risen by 1.59% over the past week, while Vishal Bearings has fallen by 1.23%. Over the past month, the stock has decreased by 6.68%, contrasting with a slight decline of 1.74% in the Sensex.<BR><BR>The stock is currently trading close to its 52-week low, just 3.32% above Rs 59.17. Today's performance indicates a trend reversal, as the stock has fallen after two consecutive days of gains. It reached an intraday low of Rs 60, marking a decline of 3.58%. The trading volume has also shown a significant decrease, with delivery volume dropping by 59.07% compared to the 5-day average, indicating falling investor participation.<BR><BR>Moreover, Vishal Bearings is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically signals a bearish trend. The company's long-term fundamentals are weak, evidenced by a -39.99% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 4.15 times, which suggests a low ability to service debt. Despite some positive results in the recent quarter, the overall performance has been below par, with a staggering -38.92% return over the past year and a significant drop in profits by 78%.<BR><BR>While there has been an increase in institutional investor participation, with a 0.9% increase in stake, the overall outlook remains negative due to the company's weak financial health and poor performance relative to the market. These factors collectively contribute to the decline in Vishal Bearings Ltd's stock price.