Bimetal Bearings Ltd
Incorporated in 1961, Bimetal Bearings
Ltd manufactures Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips[1]
- Market Cap ₹ 239 Cr.
- Current Price ₹ 623
- High / Low ₹ 843 / 470
- Stock P/E 23.0
- Book Value ₹ 575
- Dividend Yield 2.01 %
- ROCE 5.19 %
- ROE 4.79 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.08 times its book value
- Company has delivered good profit growth of 50.4% 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 4.61% over last 3 years.
- Earnings include an other income of Rs.5.56 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
146 | 157 | 142 | 144 | 182 | 206 | 149 | 158 | 197 | 229 | 234 | 239 | |
141 | 151 | 133 | 138 | 169 | 190 | 149 | 154 | 189 | 213 | 221 | 225 | |
Operating Profit | 5 | 6 | 9 | 6 | 13 | 17 | 0 | 5 | 8 | 16 | 12 | 14 |
OPM % | 3% | 4% | 6% | 4% | 7% | 8% | 0% | 3% | 4% | 7% | 5% | 6% |
5 | 6 | 3 | 6 | 4 | 4 | 7 | 5 | 4 | 4 | 7 | 6 | |
Interest | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
Depreciation | 4 | 4 | 4 | 4 | 4 | 5 | 6 | 6 | 6 | 7 | 7 | 8 |
Profit before tax | 5 | 7 | 7 | 7 | 13 | 15 | 1 | 4 | 5 | 13 | 11 | 11 |
Tax % | 23% | 25% | 31% | 27% | 23% | 33% | -18% | -5% | 27% | 26% | 23% | 5% |
4 | 6 | 5 | 5 | 10 | 10 | 2 | 4 | 4 | 10 | 8 | 10 | |
EPS in Rs | 10.09 | 14.59 | 13.15 | 13.07 | 26.54 | 26.95 | 4.31 | 10.30 | 9.70 | 25.28 | 22.07 | 27.19 |
Dividend Payout % | 69% | 51% | 57% | 57% | 34% | 37% | 162% | 78% | 83% | 50% | 57% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 10% |
3 Years: | 7% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 50% |
3 Years: | 42% |
TTM: | 23% |
Stock Price CAGR | |
---|---|
10 Years: | 6% |
5 Years: | 23% |
3 Years: | 24% |
1 Year: | 3% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 4% |
3 Years: | 5% |
Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | 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 | 4 | 4 |
Reserves | 134 | 136 | 154 | 160 | 171 | 178 | 170 | 182 | 189 | 197 | 210 | 216 |
1 | -0 | -0 | -0 | -0 | -0 | 4 | 5 | 6 | 9 | 9 | 9 | |
28 | 28 | 24 | 31 | 31 | 34 | 31 | 43 | 42 | 45 | 47 | 45 | |
Total Liabilities | 166 | 168 | 182 | 195 | 206 | 215 | 208 | 233 | 241 | 256 | 270 | 274 |
37 | 35 | 33 | 36 | 42 | 47 | 49 | 64 | 65 | 75 | 76 | 79 | |
CWIP | 3 | 1 | 4 | 3 | 1 | 2 | 13 | 3 | 8 | 3 | 3 | 3 |
Investments | 20 | 18 | 35 | 39 | 45 | 47 | 41 | 53 | 57 | 57 | 72 | 71 |
106 | 113 | 110 | 117 | 118 | 120 | 106 | 113 | 112 | 120 | 119 | 121 | |
Total Assets | 166 | 168 | 182 | 195 | 206 | 215 | 208 | 233 | 241 | 256 | 270 | 274 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
20 | -7 | 7 | 5 | 12 | 12 | 13 | 9 | 9 | 12 | 9 | ||
-16 | 13 | -5 | -2 | -10 | -9 | -9 | -7 | -6 | -7 | -4 | ||
-4 | -5 | -4 | -4 | -4 | -4 | -5 | -2 | -3 | -4 | -6 | ||
Net Cash Flow | 0 | 1 | -1 | 0 | -1 | -1 | -2 | 0 | -0 | 0 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 83 | 93 | 91 | 95 | 102 | 90 | 101 | 110 | 88 | 78 | 82 | 86 |
Inventory Days | 184 | 199 | 227 | 236 | 167 | 157 | 190 | 210 | 158 | 154 | 143 | 135 |
Days Payable | 50 | 64 | 72 | 122 | 96 | 85 | 104 | 136 | 105 | 94 | 92 | 88 |
Cash Conversion Cycle | 218 | 228 | 245 | 209 | 174 | 163 | 186 | 184 | 142 | 138 | 133 | 133 |
Working Capital Days | 169 | 167 | 188 | 201 | 153 | 130 | 158 | 155 | 122 | 116 | 113 | 129 |
ROCE % | 4% | 5% | 5% | 4% | 8% | 9% | 1% | 2% | 3% | 7% | 6% | 5% |
Documents
Announcements
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Submission Of Annual Secretarial Compliance Certificate
1d - 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
2d - Audited FY25 financial results approved; Rs.13/share final dividend recommended.
-
Board Meeting Outcome for Outcome Of The Board Meeting
2d - Bimetal Bearings approved FY25 audited results; declared Rs.13/share dividend; clean audit report issued.
-
Filing Of News Paper Advertisements / Clippings
25 May - Notice on transfer of unclaimed 2018 dividends to Investor Education and Protection Fund.
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Board Meeting Intimation for To Consider The Audited Financial Statements For The Financial Year Ended 31St March 2025 And Also To Declare Dividend (If Any) For The Year Ended On 31St March 2025
22 May - Board meeting on 29 May 2025 to approve FY25 audited results and consider dividend; trading window closed.
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