Vishal Bearings Ltd

Vishal Bearings Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Vishal Bearings Ltd

₹ 186 3.19%
01 Dec - close price
vishalbearings.com BSE: 539398
About

Incorporated in 1991, Vishal Bearings Ltd
is in the business of manufacturing Bearing
Rollers, earning Job work Income & Wind
Power Generation[1]

Key Points

Business Overview:[1][2]
VBL is a ISO 9001:2008 & ISO/TS 16949:2002 certified manufacturer of bearing rollers based out of Rajkot. It deals in automobile and engineering bearing parts such as Cons, Tapper, Balls, Rollers and Needles and supplies it to bearing manufacturer and OEM across India. It also exports bearing rollers

Website BSE
  • Market Cap ₹ 201 Cr.
  • Current Price ₹ 186
  • High / Low ₹ 242 / 62.6
  • Stock P/E 22.6
  • Book Value ₹ 32.7
  • Dividend Yield 0.00 %
  • ROCE 20.5 %
  • ROE 27.2 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 22.8% CAGR over last 5 years
  • Debtor days have improved from 65.8 to 46.3 days.

Cons

* 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.

Peer comparison

Sector: Bearings Industry: Bearings

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Quarterly Results

Figures in Rs. Crores

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
19.61 30.90 29.50 28.17 24.06 30.01 35.96 25.49 28.21 28.79
18.08 26.77 23.84 24.36 23.20 25.65 25.14 21.73 24.64 26.29
Operating Profit 1.53 4.13 5.66 3.81 0.86 4.36 10.82 3.76 3.57 2.50
OPM % 7.80% 13.37% 19.19% 13.53% 3.57% 14.53% 30.09% 14.75% 12.66% 8.68%
0.15 0.34 0.31 0.20 0.00 0.00 0.01 0.03 0.01 0.00
Interest 0.71 0.79 0.75 0.79 0.94 1.17 1.19 0.96 0.96 0.86
Depreciation 0.86 0.75 0.86 1.21 1.14 1.16 1.23 1.17 1.08 1.21
Profit before tax 0.11 2.93 4.36 2.01 -1.22 2.03 8.41 1.66 1.54 0.43
Tax % 27.27% 24.23% 30.73% 28.36% 28.69% 27.59% 31.27% 1.20% 26.62% 27.91%
0.08 2.22 3.02 1.45 -0.88 1.47 5.78 1.64 1.13 0.32
EPS in Rs 0.07 2.06 2.80 1.34 -0.82 1.36 5.36 1.52 1.05 0.30
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
16 19 21 27 23 33 55 81 52 58 108 116 118
16 18 16 22 19 28 47 66 46 51 93 96 98
Operating Profit 1 0 5 5 4 5 9 15 6 6 15 20 21
OPM % 3% 2% 25% 19% 19% 15% 16% 19% 11% 11% 14% 17% 17%
0 0 -0 1 -0 1 1 0 1 0 1 0 0
Interest 0 0 2 2 2 2 3 3 3 2 3 4 4
Depreciation 0 0 1 2 2 3 3 3 4 4 4 5 5
Profit before tax 1 0 2 2 1 1 5 9 -0 1 9 11 12
Tax % -93% -124% 35% 30% 37% 34% 24% 28% 125% 35% 28% 26%
1 1 1 2 0 1 3 6 0 0 7 8 9
EPS in Rs 0.31 0.75 3.17 5.93 0.01 0.36 6.26 7.42 8.23
Dividend Payout % 125% 0% 71% 0% 0% 0% 9% 8% 0% 0% 8% 0%
Compounded Sales Growth
10 Years: 20%
5 Years: 16%
3 Years: 31%
TTM: 6%
Compounded Profit Growth
10 Years: 24%
5 Years: 23%
3 Years: 829%
TTM: 75%
Stock Price CAGR
10 Years: %
5 Years: 42%
3 Years: 112%
1 Year: 149%
Return on Equity
10 Years: 21%
5 Years: 21%
3 Years: 22%
Last Year: 27%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0 0 0 0 5 6 6 11 11 11 11 11 11
Reserves 1 2 2 4 3 3 6 7 7 8 15 23 25
10 14 14 19 22 23 24 33 37 31 44 45 33
3 2 6 7 3 4 8 8 5 10 24 15 22
Total Liabilities 14 18 23 30 34 36 44 59 60 60 93 93 90
8 8 10 14 16 15 17 18 21 21 21 25 28
CWIP 0 1 0 0 0 0 1 2 0 0 0 4 0
Investments 1 0 1 1 1 1 0 0 1 2 4 2 3
6 9 12 15 17 19 26 38 39 37 68 63 60
Total Assets 14 18 23 30 34 36 44 59 60 60 93 93 90

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
5 4 -1 5 5 -1 4 15 -8 11
-2 -7 -3 -3 -5 -5 -4 -5 -6 -7
-2 2 5 -1 -2 5 0 -9 12 -4
Net Cash Flow 1 -1 1 1 -2 -0 -0 2 -2 0

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 69 58 69 54 71 76 65 44 81 80 71 46
Inventory Days 191 187 341 166 122 176 276 196 208 240
Days Payable 100 129 77 44 50 25 35 77 106 46
Cash Conversion Cycle 69 58 161 112 335 198 136 196 323 198 174 241
Working Capital Days 73 112 88 93 198 139 102 132 224 160 148 155
ROCE % 5% 3% 24% 24% 8% 10% 19% 28% 6% 6% 21% 21%

Shareholding Pattern

Numbers in percentages

Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
70.41% 70.41% 70.41% 70.41% 70.41% 70.75% 70.79% 70.79% 70.79% 70.79% 70.79% 70.79%
29.59% 29.59% 29.59% 29.59% 29.59% 29.25% 29.21% 29.22% 29.20% 29.20% 29.21% 29.21%
No. of Shareholders 1711723534131,1641,0711,0611,1302,5624,6176,1168,329

Documents

Announcements

Annual reports

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