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Bimetal Bearings Ltd (505681)

₹6892.29%

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Overview
News
Financials
Q3 '23 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹671.3
    ₹697
  • 52 Week's Low

    52 Week's High

    ₹476.5
    ₹730
1 Month Return+ 5.41 %
3 Month Return+ 9.77 %
1 Year Return+ 38.46 %
Previous Close₹673.55
Open₹683.95
Volume8,637.00
Upper Circuit-
Lower Circuit-
Market Cap₹257.97Cr

Key Statistics

P/E Ratio25.3
PEG Ratio-10.16
Market Cap₹257.97 Cr
P/B Ratio1.01
EPS26.62

Company Information

Bimetal Bearings Ltd. is one of the leading manufacturers and distributors of engine bearings in India. Founded in 1961 in partnership with Clevite Corporation USA and Repco Ltd Australia, the company specialises in producing thinwalled bearings bushings, thrust washers, bimetallic strips and alloy powder. With a combined installed capacity of 1.2 million half shells per month, combined with a thrust washer and bushing facility capable of producing 1 million pieces per month and aluminium tin cladding facility, the company is well equipped to meet local and international demand. In recent years, the company has further strengthened its operations by sourcing technology from Daido Metal Company Ltd Japan, obtaining QS 9000:1998 certification from Lloyds Register Quality Assurance (LRQA) and establishing a joint venture with Daido Metal Co Ltd Japan to manufacture polymer bearing products.

Share Price: ₹689.00 per share as on 11 Jul, 2024 04:01 PM
Market Capitalisation: ₹257.97Cr as of today
Revenue: ₹60.81Cr as on March 2024 (Q1 24)
Net Profit: ₹2.85Cr as on March 2024 (Q1 24)
Listing date: 16 Feb, 1995
OrganisationBimetal Bearings Ltd
Headquarters
IndustryBearings
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Insights on Bimetal Bearings Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 56.93 Cr → 62.86 Cr (in ₹), with an average increase of 9.4% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, BIMETAL stock has moved up by 3.1%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 0.74 Cr → 2.85 Cr (in ₹), with an average increase of 74.0% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Schaeffler India Ltd has given 285.6% return, outperforming this stock by 240.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Thermax Ltd has given 134.5% return, outperforming this stock by 96.0%

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 25.12% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 74.88% of holdings in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹60.81Cr
↑10.50%
Net Income
₹2.85Cr
↑285.14%
Net Profit Margin
4.69%
↑250.00%
2024Y/Y Change
Revenue
₹233.67Cr
↑1.90%
Net Income
₹10.18Cr
↓8.62%
Net Profit Margin
4.36%
↓10.29%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹271.00Cr
↑5.41%
Total Liabilities
₹56.75Cr
↑1.59%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹8.96Cr
↓22.36%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
74.88%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
25.12%
0.00
Others
0%
0.00

Key Indicators

Bimetal Bearings Ltd Valuation

Bimetal Bearings Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-115.18x)

January 27, 2020

Today (25.30x)

July 10, 2024

Industry (68.03x)

July 10, 2024

Highest (89.07x)

June 23, 2020

LowHigh

Earnings and Dividends

  • Bimetal Bearings Ltd Earnings Results

    Bimetal Bearings Ltd’s net profit jumped 88.74% since last year same period to ₹2.85Cr in the Q4 2023-2024. On a quarterly growth basis, Bimetal Bearings Ltd has generated 285.14% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Bimetal Bearings Ltd Dividends May,2024

    In the quarter ending March 2024, Bimetal Bearings Ltd has declared dividend of ₹12.50 - translating a dividend yield of 1.86%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Bimetal Bearings Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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Bimetal Bearings Ltd (505681) share price today is ₹689

Bimetal Bearings Ltd is not listed on NSE

Bimetal Bearings Ltd is listed on BSE

  • Today’s highest price of Bimetal Bearings Ltd is ₹697.
  • Today’s lowest price of Bimetal Bearings Ltd is ₹671.3.

PE Ratio of Bimetal Bearings Ltd is 25.3

PE ratio = Bimetal Bearings Ltd Market price per share / Bimetal Bearings Ltd Earnings per share

Today’s traded volume of Bimetal Bearings Ltd(505681) is 8,637.00.

Today’s market capitalisation of Bimetal Bearings Ltd(505681) is ₹257.97Cr.

Bimetal Bearings Ltd(505681Price
52 Week High
₹730
52 Week Low
₹476.5

Bimetal Bearings Ltd(505681) share price is ₹689. It is down -5.62% from its 52 Week High price of ₹730

Bimetal Bearings Ltd(505681) share price is ₹689. It is up 44.60% from its 52 Week Low price of ₹476.5

Bimetal Bearings Ltd(505681Returns
1 Day Returns
15.45%
1 Month Returns
5.41%
3 Month Returns
9.77%
1 Year Returns
38.46%