Bimetal Bearings Ltd
Incorporated in 1961, Bimetal Bearings
Ltd manufactures Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips[1]
- Market Cap ₹ 244 Cr.
- Current Price ₹ 637
- High / Low ₹ 730 / 407
- Stock P/E 28.4
- Book Value ₹ 548
- Dividend Yield 1.96 %
- ROCE 7.51 %
- ROE 5.64 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.16 times its book value
- Company has been maintaining a healthy dividend payout of 63.9%
Cons
- Company has a low return on equity of 3.43% over last 3 years.
- Earnings include an other income of Rs.7.93 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 | TTM | |
---|---|---|---|---|---|---|---|---|---|
142 | 144 | 182 | 206 | 149 | 158 | 197 | 229 | 232 | |
133 | 138 | 169 | 190 | 149 | 154 | 189 | 213 | 221 | |
Operating Profit | 9 | 6 | 13 | 17 | 0 | 5 | 8 | 16 | 12 |
OPM % | 6% | 4% | 7% | 8% | 0% | 3% | 4% | 7% | 5% |
2 | 4 | 5 | 5 | 7 | 5 | 5 | 6 | 8 | |
Interest | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
Depreciation | 4 | 4 | 4 | 5 | 6 | 6 | 6 | 7 | 7 |
Profit before tax | 6 | 6 | 14 | 16 | 1 | 4 | 6 | 14 | 12 |
Tax % | 34% | 29% | 21% | 31% | -30% | -5% | 24% | 23% | |
4 | 4 | 11 | 11 | 1 | 4 | 4 | 11 | 9 | |
EPS in Rs | 11.03 | 10.67 | 29.15 | 29.86 | 2.82 | 9.99 | 11.71 | 29.12 | 22.41 |
Dividend Payout % | 68% | 70% | 31% | 34% | 248% | 80% | 68% | 43% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 15% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 0% |
3 Years: | 143% |
TTM: | -30% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 6% |
3 Years: | 30% |
1 Year: | 53% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 3% |
Last Year: | 6% |
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 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Reserves | 155 | 160 | 171 | 179 | 171 | 183 | 191 | 201 | 206 |
0 | 0 | 0 | 0 | 4 | 5 | 6 | 9 | 8 | |
24 | 31 | 31 | 34 | 31 | 43 | 42 | 45 | 52 | |
Total Liabilities | 183 | 195 | 206 | 217 | 209 | 234 | 243 | 259 | 270 |
33 | 36 | 42 | 47 | 49 | 64 | 65 | 75 | 77 | |
CWIP | 4 | 3 | 1 | 2 | 13 | 3 | 8 | 3 | 3 |
Investments | 36 | 39 | 46 | 49 | 42 | 54 | 58 | 60 | 68 |
110 | 117 | 118 | 120 | 106 | 113 | 112 | 120 | 122 | |
Total Assets | 183 | 195 | 206 | 217 | 209 | 234 | 243 | 259 | 270 |
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 | |
---|---|---|---|---|---|---|---|---|
7 | 5 | 12 | 12 | 13 | 9 | 9 | 12 | |
-5 | -2 | -10 | -9 | -9 | -7 | -6 | -7 | |
-4 | -4 | -4 | -4 | -5 | -2 | -3 | -4 | |
Net Cash Flow | -1 | 0 | -1 | -1 | -2 | 0 | -0 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 91 | 95 | 102 | 90 | 101 | 110 | 88 | 78 |
Inventory Days | 227 | 236 | 167 | 157 | 190 | 210 | 158 | 154 |
Days Payable | 72 | 122 | 96 | 85 | 104 | 136 | 105 | 94 |
Cash Conversion Cycle | 245 | 209 | 174 | 163 | 186 | 184 | 142 | 138 |
Working Capital Days | 188 | 201 | 153 | 130 | 158 | 155 | 122 | 116 |
ROCE % | 3% | 9% | 9% | 0% | 2% | 3% | 8% |
Documents
Announcements
- Re-Filing Of The Voting Results As The Documents Filed On 20Th April Had Not Been Made Available For Viewing In The Exchange''s Website 23h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
- Submission Of The Voting Results Under Regulation 44 Of SEBI (LODR) Regulations, 2015 21 Apr
- Submission Of Voting Results Of The Resolution(S) Passed Through The Postal Ballot Route. 20 Apr
- Filing Of Share Capital Audit Certificate For The Calendar Quarter Ended 31St March 2024 18 Apr
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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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