Bimetal Bearings Ltd
Incorporated in 1961, Bimetal Bearings
Ltd manufactures Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips[1]
- Market Cap ₹ 230 Cr.
- Current Price ₹ 600
- High / Low ₹ 843 / 470
- Stock P/E 20.4
- Book Value ₹ 590
- Dividend Yield 2.08 %
- ROCE 5.44 %
- ROE 5.06 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.02 times its book value
- Company has delivered good profit growth of 70.1% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of 9.90% over past five years.
- Tax rate seems low
- Company has a low return on equity of 5.17% over last 3 years.
- Earnings include an other income of Rs.6.41 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
142 | 144 | 182 | 206 | 149 | 158 | 197 | 229 | 234 | 239 | |
133 | 138 | 169 | 190 | 149 | 154 | 189 | 213 | 221 | 225 | |
Operating Profit | 9 | 6 | 13 | 17 | 0 | 5 | 8 | 16 | 12 | 14 |
OPM % | 6% | 4% | 7% | 8% | 0% | 3% | 4% | 7% | 5% | 6% |
2 | 4 | 5 | 5 | 7 | 5 | 5 | 6 | 9 | 6 | |
Interest | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
Depreciation | 4 | 4 | 4 | 5 | 6 | 6 | 6 | 7 | 7 | 8 |
Profit before tax | 6 | 6 | 14 | 16 | 1 | 4 | 6 | 14 | 13 | 12 |
Tax % | 34% | 29% | 21% | 31% | -30% | -5% | 24% | 23% | 19% | 5% |
4 | 4 | 11 | 11 | 1 | 4 | 4 | 11 | 10 | 11 | |
EPS in Rs | 11.03 | 10.67 | 29.15 | 29.86 | 2.82 | 9.99 | 11.71 | 29.12 | 26.61 | 29.41 |
Dividend Payout % | 68% | 70% | 31% | 34% | 248% | 80% | 68% | 43% | 47% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 7% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 70% |
3 Years: | 37% |
TTM: | 10% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 20% |
3 Years: | 22% |
1 Year: | -6% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 5% |
Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Reserves | 155 | 160 | 171 | 179 | 171 | 183 | 191 | 201 | 215 | 222 |
0 | 0 | 0 | 0 | 4 | 5 | 6 | 9 | 9 | 9 | |
24 | 31 | 31 | 34 | 31 | 43 | 42 | 45 | 47 | 45 | |
Total Liabilities | 183 | 195 | 206 | 217 | 209 | 234 | 243 | 259 | 275 | 280 |
33 | 36 | 42 | 47 | 49 | 64 | 65 | 75 | 76 | 79 | |
CWIP | 4 | 3 | 1 | 2 | 13 | 3 | 8 | 3 | 3 | 3 |
Investments | 36 | 39 | 46 | 49 | 42 | 54 | 58 | 60 | 77 | 77 |
110 | 117 | 118 | 120 | 106 | 113 | 112 | 120 | 119 | 120 | |
Total Assets | 183 | 195 | 206 | 217 | 209 | 234 | 243 | 259 | 275 | 280 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
7 | 5 | 12 | 12 | 13 | 9 | 9 | 12 | 9 | 12 | |
-5 | -2 | -10 | -9 | -9 | -7 | -6 | -7 | -4 | -5 | |
-4 | -4 | -4 | -4 | -5 | -2 | -3 | -4 | -6 | -6 | |
Net Cash Flow | -1 | 0 | -1 | -1 | -2 | 0 | -0 | 0 | -1 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 91 | 95 | 102 | 90 | 101 | 110 | 88 | 78 | 82 | 86 |
Inventory Days | 227 | 236 | 167 | 157 | 190 | 210 | 158 | 154 | 143 | 135 |
Days Payable | 72 | 122 | 96 | 85 | 104 | 136 | 105 | 94 | 92 | 88 |
Cash Conversion Cycle | 245 | 209 | 174 | 163 | 186 | 184 | 142 | 138 | 133 | 133 |
Working Capital Days | 188 | 201 | 153 | 130 | 158 | 155 | 122 | 116 | 113 | 129 |
ROCE % | 3% | 9% | 9% | 0% | 2% | 3% | 8% | 6% | 5% |
Documents
Announcements
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Intimation Of Book Closure And Record Date
19m - Book closure 14-21 July 2025; Rs.13/share dividend for FY 2024-25, subject to AGM approval.
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Intimation Of Book Closure Dates
12 Jun - Dividend Rs.13/share recommended; book closure 14-21 July 2025; AGM on 21 July 2025.
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Filing Of News Paper Publication
2 Jun - Bimetal Bearings published audited FY25 results; net income Rs 244.64 Cr, PAT Rs 10.40 Cr, final dividend 130%.
-
Submission Of Annual Secretarial Compliance Certificate
30 May - Submission of Annual Secretarial Compliance Certificate for the financial year ended 31st March 2025
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Submission Of Audited Financial Statements For The Year Ended 31St March 2025
29 May - Audited FY25 financial results approved; Rs.13/share final dividend recommended.
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1][2]
BBL was established in collaboration with Clevite Inc., USA and Repco Limited, Australia. It is a member of the Amalgamations group. Company manufactures Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips. It has an OEM base covering all segments of the automotive spectrum including Passenger cars, MUVs, LCVs, M&HCVs, Tractors, Industrial engines, two wheelers, defence and railway establishments