ABC Bearings Ltd(Merged)
ABC Bearings is engaged in the manufacturing of taper roller bearings. The Company produces cylindrical roller bearings and slewing bearings. The Company's products include spherical roller bearings, clutch release bearings, needle roller bearings, ball bearings, king pin bearings, universal joint and grease.
- Market Cap ₹ 505 Cr.
- Current Price ₹ 438
- High / Low ₹ /
- Stock P/E 30.0
- Book Value ₹ 127
- Dividend Yield 0.00 %
- ROCE 11.1 %
- ROE 7.36 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 39.0%
Cons
- Stock is trading at 3.44 times its book value
- The company has delivered a poor sales growth of 1.41% over past five years.
- Company has a low return on equity of 5.09% over last 3 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.
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
152 | 180 | 166 | 134 | 161 | 203 | 177 | 149 | 141 | 163 | 180 | 190 | 207 | |
124 | 137 | 130 | 110 | 139 | 158 | 148 | 130 | 124 | 141 | 152 | 158 | 170 | |
Operating Profit | 28 | 43 | 36 | 24 | 22 | 46 | 29 | 19 | 17 | 22 | 27 | 31 | 36 |
OPM % | 19% | 24% | 22% | 18% | 14% | 22% | 17% | 13% | 12% | 13% | 15% | 17% | 17% |
4 | -0 | -1 | 2 | 14 | 1 | 1 | 0 | 4 | 1 | 1 | 4 | 3 | |
Interest | 3 | 4 | 4 | 11 | 1 | 1 | 1 | 3 | 4 | 6 | 7 | 5 | 2 |
Depreciation | 7 | 8 | 7 | 5 | 4 | 4 | 6 | 9 | 10 | 12 | 13 | 13 | 12 |
Profit before tax | 23 | 31 | 24 | 10 | 31 | 42 | 22 | 8 | 7 | 5 | 8 | 18 | 25 |
Tax % | 32% | 34% | 35% | 36% | 34% | 33% | 31% | 32% | 34% | 13% | 35% | 33% | |
16 | 20 | 16 | 7 | 21 | 28 | 15 | 5 | 5 | 4 | 5 | 12 | 17 | |
EPS in Rs | 13.54 | 17.36 | 13.72 | 5.67 | 17.71 | 24.37 | 13.22 | 4.57 | 3.99 | 3.60 | 4.72 | 10.22 | 14.53 |
Dividend Payout % | 29% | 23% | 29% | 35% | 25% | 25% | 38% | 54% | 50% | 55% | 42% | 19% |
Compounded Sales Growth | |
---|---|
10 Years: | 1% |
5 Years: | 1% |
3 Years: | 10% |
TTM: | 21% |
Compounded Profit Growth | |
---|---|
10 Years: | -8% |
5 Years: | -8% |
3 Years: | 48% |
TTM: | 166% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 4% |
3 Years: | 5% |
Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
Reserves | 36 | 51 | 61 | 65 | 79 | 99 | 108 | 110 | 112 | 113 | 115 | 127 |
34 | 38 | 36 | 53 | 5 | 25 | 51 | 68 | 69 | 87 | 57 | 30 | |
33 | 35 | 36 | 26 | 38 | 44 | 40 | 46 | 49 | 60 | 62 | 59 | |
Total Liabilities | 115 | 136 | 145 | 156 | 133 | 180 | 211 | 235 | 242 | 272 | 246 | 227 |
33 | 38 | 39 | 37 | 39 | 75 | 93 | 123 | 134 | 163 | 158 | 148 | |
CWIP | 1 | 1 | 0 | 3 | 4 | 6 | 11 | 15 | 16 | 7 | 3 | 3 |
Investments | 1 | 0 | 13 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 0 |
80 | 97 | 93 | 103 | 77 | 87 | 95 | 85 | 79 | 89 | 72 | 77 | |
Total Assets | 115 | 136 | 145 | 156 | 133 | 180 | 211 | 235 | 242 | 272 | 246 | 227 |
Cash Flows
Figures in Rs. Crores
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7 | 17 | 30 | -10 | 52 | 27 | 24 | 47 | 25 | 12 | 44 | 21 | |
-12 | -11 | -19 | -3 | -7 | -43 | -40 | -42 | -20 | -19 | -2 | 14 | |
5 | -1 | -8 | 10 | -51 | 16 | 15 | -5 | -5 | 8 | -41 | -35 | |
Net Cash Flow | 1 | 6 | 3 | -2 | -6 | 0 | -2 | -0 | 0 | 1 | 1 | -0 |
Ratios
Figures in Rs. Crores
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 77 | 84 | 87 | 85 | 82 | 89 | 49 | 49 | 57 | 55 | 48 | 53 |
Inventory Days | 141 | 147 | 145 | 315 | 137 | 78 | 188 | 210 | 162 | 219 | 122 | 128 |
Days Payable | 57 | 60 | 72 | 71 | 73 | 59 | 62 | 81 | 90 | 129 | 106 | 97 |
Cash Conversion Cycle | 161 | 171 | 159 | 329 | 147 | 108 | 175 | 178 | 129 | 145 | 63 | 84 |
Working Capital Days | 100 | 110 | 106 | 193 | 90 | 63 | 62 | 39 | 39 | 52 | 10 | 47 |
ROCE % | 43% | 31% | 18% | 23% | 36% | 15% | 6% | 4% | 5% | 8% | 11% |
Documents
Announcements
- Record Date For Interim Dividend And Merger/Amalgamation 13 Aug 2018
- Results -Unaudited Financial Results For 30Th June,2018 13 Aug 2018
- Outcome of Board Meeting 13 Aug 2018
- Board Meeting Intimation for Board Meeting Scheduled To Be Held On 13.08.2018 3 Aug 2018
- Board declares Interim Dividend 3 Aug 2018
Company is merged in "Timken India", in 2018, which is headquartered in Bangalore, India.