SNL Bearings Ltd
₹ 405
1.89%
05 Dec
2:46 p.m.
About
Incorporated in 1983, SNL Bearings Ltd manufactures and markets antifriction bearing products[1]
Key Points
- Market Cap ₹ 146 Cr.
- Current Price ₹ 405
- High / Low ₹ 514 / 282
- Stock P/E 15.9
- Book Value ₹ 172
- Dividend Yield 1.72 %
- ROCE 18.7 %
- ROE 13.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 29.2%
Cons
- The company has delivered a poor sales growth of 3.25% over past five years.
* 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.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
22.86 | 23.01 | 26.46 | 30.04 | 33.48 | 38.31 | 40.64 | 34.14 | 36.47 | 43.51 | 47.87 | 47.69 | 47.77 | |
16.09 | 17.44 | 18.89 | 20.56 | 22.73 | 26.44 | 29.46 | 28.29 | 27.77 | 31.42 | 36.38 | 37.34 | 36.11 | |
Operating Profit | 6.77 | 5.57 | 7.57 | 9.48 | 10.75 | 11.87 | 11.18 | 5.85 | 8.70 | 12.09 | 11.49 | 10.35 | 11.66 |
OPM % | 29.62% | 24.21% | 28.61% | 31.56% | 32.11% | 30.98% | 27.51% | 17.14% | 23.86% | 27.79% | 24.00% | 21.70% | 24.41% |
0.07 | 0.53 | 0.33 | -0.07 | 0.06 | 0.30 | 1.16 | 0.72 | 0.74 | 1.10 | 1.17 | 1.96 | 2.41 | |
Interest | 0.36 | 0.71 | 0.56 | 0.33 | 0.14 | 0.01 | 0.01 | 0.02 | 0.08 | 0.01 | 0.01 | 0.01 | 0.00 |
Depreciation | 0.37 | 0.43 | 0.60 | 0.57 | 0.71 | 0.79 | 0.92 | 1.01 | 1.00 | 1.42 | 1.52 | 1.57 | 1.55 |
Profit before tax | 6.11 | 4.96 | 6.74 | 8.51 | 9.96 | 11.37 | 11.41 | 5.54 | 8.36 | 11.76 | 11.13 | 10.73 | 12.52 |
Tax % | 35.19% | 31.85% | 32.34% | 33.25% | 33.63% | 27.70% | 28.57% | 25.09% | 25.96% | 24.91% | 26.50% | 27.12% | |
3.96 | 3.39 | 4.55 | 5.68 | 6.62 | 8.22 | 8.14 | 4.15 | 6.19 | 8.83 | 8.18 | 7.82 | 9.18 | |
EPS in Rs | 10.96 | 9.39 | 12.60 | 15.73 | 18.33 | 22.76 | 22.54 | 11.49 | 17.14 | 24.45 | 22.65 | 21.65 | 25.42 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 12.71% | 16.36% | 21.96% | 22.17% | 26.10% | 26.24% | 26.57% | 28.69% | 32.31% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 3% |
3 Years: | 9% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 0% |
3 Years: | 9% |
TTM: | 25% |
Stock Price CAGR | |
---|---|
10 Years: | 12% |
5 Years: | 16% |
3 Years: | 17% |
1 Year: | 18% |
Return on Equity | |
---|---|
10 Years: | 21% |
5 Years: | 15% |
3 Years: | 16% |
Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3.61 | 3.61 | 3.61 | 3.61 | 3.61 | 3.61 | 3.61 | 3.61 | 3.61 | 3.61 | 3.61 | 3.61 | 3.61 |
Reserves | 2.83 | 5.52 | 7.29 | 11.02 | 16.30 | 24.68 | 30.63 | 31.13 | 37.40 | 44.71 | 50.43 | 55.91 | 58.59 |
7.85 | 8.48 | 4.60 | 2.07 | 0.70 | 0.00 | 0.09 | 3.00 | 0.08 | 0.16 | 0.13 | 0.10 | 0.08 | |
3.60 | 3.83 | 6.86 | 5.95 | 4.77 | 5.67 | 5.15 | 4.02 | 5.78 | 6.37 | 8.17 | 6.90 | 8.40 | |
Total Liabilities | 17.89 | 21.44 | 22.36 | 22.65 | 25.38 | 33.96 | 39.48 | 41.76 | 46.87 | 54.85 | 62.34 | 66.52 | 70.68 |
5.12 | 8.32 | 8.97 | 8.85 | 9.36 | 8.91 | 10.76 | 13.37 | 13.02 | 14.80 | 14.79 | 15.30 | 14.63 | |
CWIP | 0.00 | 0.00 | 0.28 | 0.03 | 0.08 | 0.25 | 0.22 | 0.00 | 1.27 | 0.21 | 1.24 | 0.11 | 0.08 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 1.07 | 8.72 | 8.08 | 9.85 | 8.03 | 14.52 | 15.25 | 14.22 | 26.39 |
12.77 | 13.12 | 13.11 | 13.77 | 14.87 | 16.08 | 20.42 | 18.54 | 24.55 | 25.32 | 31.06 | 36.89 | 29.58 | |
Total Assets | 17.89 | 21.44 | 22.36 | 22.65 | 25.38 | 33.96 | 39.48 | 41.76 | 46.87 | 54.85 | 62.34 | 66.52 | 70.68 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2.66 | 4.11 | 6.08 | 6.57 | 6.43 | 9.73 | 2.28 | 7.62 | 7.99 | 5.91 | 10.06 | 8.21 | |
-2.37 | -3.33 | -0.70 | -0.58 | -2.25 | -9.04 | -0.10 | -4.56 | -0.06 | -9.27 | -9.92 | -5.64 | |
-0.32 | -0.75 | -5.14 | -5.65 | -4.83 | -0.71 | -2.10 | -0.58 | -3.09 | -1.56 | -2.39 | -2.39 | |
Net Cash Flow | -0.03 | 0.03 | 0.23 | 0.35 | -0.65 | -0.01 | 0.08 | 2.48 | 4.84 | -4.92 | -2.25 | 0.18 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 68.18 | 91.21 | 70.63 | 78.49 | 74.68 | 68.88 | 56.22 | 69.60 | 81.77 | 57.30 | 49.64 | 48.75 |
Inventory Days | 402.86 | 348.19 | 369.21 | 286.12 | 327.90 | 215.33 | 463.30 | 278.95 | 206.55 | 340.69 | 282.80 | 237.58 |
Days Payable | 91.69 | 78.64 | 110.97 | 98.95 | 48.09 | 96.02 | 64.69 | 38.17 | 68.22 | 79.54 | 96.21 | 55.30 |
Cash Conversion Cycle | 379.34 | 360.76 | 328.86 | 265.66 | 354.50 | 188.20 | 454.83 | 310.39 | 220.10 | 318.44 | 236.22 | 231.03 |
Working Capital Days | 139.87 | 151.65 | 87.18 | 93.56 | 118.94 | 96.32 | 143.43 | 134.28 | 110.59 | 119.54 | 99.12 | 98.43 |
ROCE % | 52.54% | 35.55% | 44.10% | 55.34% | 54.78% | 46.54% | 35.32% | 14.93% | 20.68% | 26.28% | 21.70% | 18.68% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 13 Nov
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
5 Nov - Newspaper Advertisement - Disclosure under Regulation 30 and Regulation 47 of SEBI (Listing Obligation and Disclosure Requirements), Regulation, 2015
- Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2024 4 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting - November 4, 2024
4 Nov - Board approved unaudited financial results for Q2 2024.
-
Board Meeting Intimation for To Consider And Approve The Unaudited Financial Results Of The Company For The Quarter And Half Year Ended September 30,
2024.
25 Oct - Board meeting scheduled to approve financial results.
Annual reports
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Financial Year 2024
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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]
SNL was promoted by Shriram group in technical collaboration with INA Germany. At present, it is a part of NRB Bearings Limited. Company does Needle Roller Bearing manufacturing for automobile industries and also manufactures industrial bearings used in Textile machineries and household appliances. Company's product is supplied ~90% to Original Equipment Manufacturers and remainder for replacement market / exports