Bimetal Bearings Ltd
Incorporated in 1961, Bimetal Bearings
Ltd manufactures Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips[1]
- Market Cap ₹ 245 Cr.
- Current Price ₹ 641
- High / Low ₹ 730 / 402
- Stock P/E 28.2
- Book Value ₹ 537
- Dividend Yield 1.95 %
- ROCE 6.88 %
- ROE 4.97 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.19 times its book value
- Company has been maintaining a healthy dividend payout of 70.0%
Cons
- Company has a low return on equity of 3.08% over last 3 years.
- Earnings include an other income of Rs.6.38 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
173 | 161 | 146 | 157 | 142 | 144 | 182 | 206 | 149 | 158 | 197 | 229 | 232 | |
155 | 152 | 141 | 151 | 133 | 138 | 169 | 190 | 149 | 154 | 189 | 213 | 219 | |
Operating Profit | 18 | 9 | 5 | 6 | 9 | 6 | 13 | 17 | 0 | 5 | 8 | 16 | 13 |
OPM % | 10% | 6% | 3% | 4% | 6% | 4% | 7% | 8% | 0% | 3% | 4% | 7% | 6% |
6 | 5 | 5 | 6 | 3 | 6 | 4 | 4 | 7 | 5 | 4 | 4 | 6 | |
Interest | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 6 | 6 | 6 | 7 | 7 |
Profit before tax | 19 | 9 | 5 | 7 | 7 | 7 | 13 | 15 | 1 | 4 | 5 | 13 | 12 |
Tax % | 32% | 26% | 23% | 25% | 31% | 27% | 23% | 33% | -18% | -5% | 27% | 26% | |
13 | 7 | 4 | 6 | 5 | 5 | 10 | 10 | 2 | 4 | 4 | 10 | 9 | |
EPS in Rs | 33.59 | 17.67 | 10.09 | 14.59 | 13.15 | 13.07 | 26.54 | 26.95 | 4.31 | 10.30 | 9.70 | 25.28 | 22.72 |
Dividend Payout % | 33% | 51% | 69% | 51% | 57% | 57% | 34% | 37% | 162% | 78% | 83% | 50% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 5% |
3 Years: | 15% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | -1% |
3 Years: | 94% |
TTM: | -8% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 6% |
3 Years: | 30% |
1 Year: | 55% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 3% |
3 Years: | 3% |
Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Reserves | 130 | 133 | 134 | 136 | 154 | 160 | 171 | 178 | 170 | 182 | 189 | 197 | 202 |
1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 4 | 5 | 6 | 9 | 8 | |
30 | 27 | 28 | 28 | 24 | 31 | 31 | 34 | 31 | 43 | 42 | 45 | 52 | |
Total Liabilities | 166 | 166 | 166 | 168 | 182 | 195 | 206 | 215 | 208 | 233 | 241 | 256 | 266 |
34 | 36 | 37 | 35 | 33 | 36 | 42 | 47 | 49 | 64 | 65 | 75 | 77 | |
CWIP | 1 | 2 | 3 | 1 | 4 | 3 | 1 | 2 | 13 | 3 | 8 | 3 | 3 |
Investments | 16 | 15 | 20 | 18 | 35 | 39 | 45 | 47 | 41 | 53 | 57 | 57 | 64 |
115 | 112 | 106 | 113 | 110 | 117 | 118 | 120 | 106 | 113 | 112 | 120 | 122 | |
Total Assets | 166 | 166 | 166 | 168 | 182 | 195 | 206 | 215 | 208 | 233 | 241 | 256 | 266 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-3 | 8 | 20 | -7 | 7 | 5 | 12 | 12 | 13 | 9 | 9 | 12 | |
11 | -3 | -16 | 13 | -5 | -2 | -10 | -9 | -9 | -7 | -6 | -7 | |
-5 | -5 | -4 | -5 | -4 | -4 | -4 | -4 | -5 | -2 | -3 | -4 | |
Net Cash Flow | 3 | -0 | 0 | 1 | -1 | 0 | -1 | -1 | -2 | 0 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 85 | 79 | 83 | 93 | 91 | 95 | 102 | 90 | 101 | 110 | 88 | 78 |
Inventory Days | 204 | 223 | 184 | 199 | 227 | 236 | 167 | 157 | 190 | 210 | 158 | 154 |
Days Payable | 45 | 47 | 50 | 64 | 72 | 122 | 96 | 85 | 104 | 136 | 105 | 94 |
Cash Conversion Cycle | 243 | 255 | 218 | 228 | 245 | 209 | 174 | 163 | 186 | 184 | 142 | 138 |
Working Capital Days | 152 | 170 | 169 | 167 | 188 | 201 | 153 | 130 | 158 | 155 | 122 | 116 |
ROCE % | 15% | 7% | 4% | 5% | 5% | 4% | 8% | 9% | 1% | 2% | 3% | 7% |
Documents
Announcements
- Filing Of Share Capital Audit Certificate For The Calendar Quarter Ended 31St March 2024 1d
- Filing Of Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Year Ended 31St March 2024. 9 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Filing of Compliance Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the Calendar Quarter ended 31st March 2024 along with the confirmation submitted …
- Closure of Trading Window 28 Mar
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Filing Of News-Paper Publications
20 Mar - Filing of the communication relating to the dispatch of the postal ballot notice to the share-holders which was published in the newspapers on 20th March …
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