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Bimetal Bearings Ltd share Price Today

Company details

619.50
687.95
412.05
730.00
6M Return 5.30%
1Y Return 50.04%
Mkt Cap.(Cr) 241.43
Volume 7,333
Div Yield 1.98%
OI
-
OI Chg %
-
Volume 7,333

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Bimetal Bearings Ltd shares SWOT Analysis

Strengths (9)

  • Rising Net Cash Flow and Cash from Operating activity
  • Strong Annual EPS Growth
  • Effectively using its capital to generate profit - RoCE improving in last 2 years

Weakness (1)

  • Declining profits every quarter for the past 2 quarters

Opportunity (1)

  • Companies with current TTM PE Ratio less than 3 Year, 5 Year and 10 Year PE

Threats (1)

  • RSI indicating price weakness

Resistance and support

R1 672.9
R2 714.7
R3 741.4
Pivot

646.22

S1 604.5
S2 577.8
S3 536.0
EMA SMA
657.3
636.4
617.6
588.3
660.4
626.7
608.2
607.8
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
Name Category Shares
SIMPSON AND COMPANY LTD PROMOTER 49%
AMALGAMATIONS PRIVATE LIMITED PROMOTER 25.33%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Bimetal Bearings Ltd Stocks COMPARISON

Financials( in Cr) Bimetal Bearings Ltd Schaeffler India Ltd SKF India Ltd Timken India Ltd NRB Bearings Ltd
Price 631.20 4,588.45 6,111.75 3,951.50 332.25
% Change -6.72 -0.62 -2.51 -4.56 -4.92
Mcap Cr 241.43 71,719.31 30,215.27 29,722.79 3,220.27
Revenue TTM Cr 229.31 7,250.91 4,304.92 2,806.61 1,057.16
Net Profit TTM Cr 11.14 899.02 524.88 390.75 96.15
PE TTM 28.20 79.41 54.82 75.83 29.73
1 Year Return 50.04 63.48 41.10 26.13 133.73
ROCE 7.37 26.40 33.95 27.04 14.39
ROE 5.58 19.78 24.83 21.16 13.67
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 204.34 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 35,090.66 -22,978.04
LAST 3M 106,793.94 -34,010.07
LAST 6M 169,541.16 45,373.47
LAST 12M 268,709.66 125,819.23

Bimetal Bearings Ltd Information

Stock PE (TTM)
28.2
Promoter Holding
74.88%
Book Value
547.4493
ROCE
7.37%
ROE
5.58%
Description
  • Bimetal Bearings Limited was incorporated on April 19, 1961 . The company was established in collaboration with Clevite Corporation, USA and Repco Ltd, Australia. The Company is a major engine bearings producer in India. The company is engaged in manufacturing and selling of bearings, bushings and thrust washers. Their products include thin-walled bearings, bushings and thrust washers, bimetallic strips and alloy powder. BBL is one of India`s leading manufacturers of Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips. The Company is a member company of the Amalgamations group, one of India`s largest light engineering conglomerates. The Amalgamations group serves a cross section of Indian industry covering manufacturing, trading, distribution, printing and publishing. The Company plants are located at Chennai, Coimbatore and Hosur. The manufacturing infrastructure consists of a strip mill plant in Chennai with an installed capacity of 1,200 TPA, bearing plant at Coimbatore and Hosur producing 1.2 million half shells per month, and a thrust washer and bushing plant at Chennai with a capacity of 1 million pieces per month. In the year 1969, Clevite Corporation, USA merged with Gould Inc USA and hence the shares held by Clevite in the company were transferred to Gould. In the year 1975, the company entered into a patent and technical service agreement with Gould Inc. USA, in which the company was permitted to manufacture such items after the expiry of collaboration without any additional payments. In the year 1983, the company signed an export contract with Auto Exports of Russia for the supply of thin walled engine bearings. In June 1985, the company implemented the second phase of expansion at their bearings plants and stared their commercial production. In the year 1991, the company partially developed infrastructure facilities for manufacture of heavy and large diameter bearings to cater to the requirements of railways. During the year 1995-96, the aluminium tin cladding facility in the strip mill plant at Chennai commenced its production. In the year 2000, the company undertook upgrading their alloy plating facilities at Hosur and the alloy power strip mill facilities were fully geared to meet the export requirements. During the year 2000-01, the company, with a view to reduce dependence on import of materials and increasing the access to emerging markets, has entered into a Technology Transfer Agreement with Daido Metal Company Ltd, Japan. In addition, the company attained the coveted QS 9000:1998 certification for all its plants from Lloyd?s Register Quality Assurance - LRQA, a status, which is bound to enhance the confidence level of domestic and international customers in the company`s products. During the year 2001-02, the company in association with Daido Metal Co Ltd, Japan promoted a joint venture company BBL Daido (P) Ltd for the manufacture of polymer bearing products. They commenced their operations in the end of the financial year 2002-03. During the year 2014-15, the Company invested upto 24.19% in the capital of IPL Green Power Limited on 4th August 2014, making it as an Associate Company.

Registered Address

Huzur Gardens Sembium, , Chennai, Tamil Nadu, 600011

Tel : 91-44-25375581
Email : vidhyashankar:bimite.co.in
Website : http://www.bimite.co.in
Registrar

GNSA Infotech Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 505681
NSE Code : BIMETAL
Book Closure Date (Month) : Jul
BSE Group : X
ISIN : INE469A01019

FAQ’s on Bimetal Bearings Ltd Shares

You can buy Bimetal Bearings Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Bimetal Bearings Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 27, 2024 04:01 PM the closing price of Bimetal Bearings Ltd was Rs.631.20.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 27, 2024 04:01 PM, the market cap of Bimetal Bearings Ltd stood at Rs. 241.43.

The latest PE ratio of Bimetal Bearings Ltd as of May 27, 2024 04:01 PM is 28.20

The latest PB ratio of Bimetal Bearings Ltd as of May 27, 2024 04:01 PM is 0.87

The 52-week high of Bimetal Bearings Ltd share price is Rs. 730.00 while the 52-week low is Rs. 412.05

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