Bimetal Bearings Ltd

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

Bimetal Bearings Ltd

₹ 604 0.73%
01 Dec - close price
bimite.co.in BSE: 505681
About

Bimetal Bearings Ltd is a manufacturer of Engine Bearings. It was established in 1961 in collaboration with Clevite Inc., USA, and Repco Limited, Australia. [1] [2]

Key Points

Product Portfolio
It manufactures Engine Bearings( like Connecting rod bearings, Main bearings, etc), Bushings( like Bimetallic & steel bushings, etc), Conrod bushings, Thrust Washers, Alloy Powder, and Bimetallic Strips. [1]

Website BSE
  • Market Cap ₹ 231 Cr.
  • Current Price ₹ 604
  • High / Low ₹ 730 / 368
  • Stock P/E 23.0
  • Book Value ₹ 537
  • Dividend Yield 2.07 %
  • ROCE 6.88 %
  • ROE 4.97 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Stock is trading at 1.13 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.

* 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

Standalone Figures in Rs. Crores / View Consolidated

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
37.13 51.90 53.65 39.14 49.66 53.63 54.50 53.91 61.75 54.01 59.63 58.83 59.00
34.41 48.71 51.13 37.57 48.31 52.67 50.46 51.36 56.91 49.76 55.36 54.72 55.36
Operating Profit 2.72 3.19 2.52 1.57 1.35 0.96 4.04 2.55 4.84 4.25 4.27 4.11 3.64
OPM % 7.33% 6.15% 4.70% 4.01% 2.72% 1.79% 7.41% 4.73% 7.84% 7.87% 7.16% 6.99% 6.17%
0.72 1.21 1.74 1.09 1.17 0.71 0.92 0.89 2.21 0.76 0.71 1.83 1.87
Interest 0.08 0.12 0.22 0.07 0.09 0.10 0.17 0.10 0.20 0.21 0.23 0.18 0.19
Depreciation 1.21 1.53 1.55 1.50 1.50 1.57 1.70 1.50 1.67 1.77 1.77 1.75 1.82
Profit before tax 2.15 2.75 2.49 1.09 0.93 0.00 3.09 1.84 5.18 3.03 2.98 4.01 3.50
Tax % 16.74% 16.73% -16.06% 26.61% 26.88% 28.16% 28.26% 28.38% 28.05% 16.78% 27.93% 28.00%
1.80 2.30 2.90 0.80 0.68 0.01 2.21 1.32 3.72 2.17 2.47 2.88 2.53
EPS in Rs 4.71 6.01 7.58 2.09 1.78 0.03 5.78 3.45 9.73 5.67 6.46 7.53 6.61
Raw PDF

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
173 161 146 157 142 144 182 206 149 158 197 229 231
155 152 141 151 133 138 169 190 149 154 189 213 215
Operating Profit 18 9 5 6 9 6 13 17 0 5 8 16 16
OPM % 10% 6% 3% 4% 6% 4% 7% 8% 0% 3% 4% 7% 7%
6 5 5 6 3 6 4 4 7 5 4 4 5
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 14
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 10
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 26.27
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: 3%
Compounded Profit Growth
10 Years: 4%
5 Years: -1%
3 Years: 94%
TTM: 38%
Stock Price CAGR
10 Years: 12%
5 Years: 3%
3 Years: 30%
1 Year: 31%
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%

Shareholding Pattern

Numbers in percentages

Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
74.88% 74.88% 74.88% 74.88% 74.88% 74.88% 74.88% 74.88% 74.88% 74.88% 74.88% 74.88%
25.12% 25.12% 25.12% 25.12% 25.12% 25.12% 25.12% 25.12% 25.13% 25.11% 25.11% 25.12%
No. of Shareholders 7,0236,9317,0557,3667,2347,1447,0787,1456,9576,3166,3166,440

Documents

Announcements

Annual reports