Is Bimetal Bearings a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Bimetal Bearings Ltd is a below average quality company .

Is Bimetal Bearings undervalued or overvalued?

The key valuation ratios of Bimetal Bearings Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Bimetal Bearings share price return in the past 10 years?

Bimetal Bearings Ltd share price has appreciated 6% annually (CAGR) over the past ten years.

Is Bimetal Bearings a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Bimetal Bearings Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Bimetal Bearings Ltd - Stock Valuation and Financial Performance

Name: Bimetal Bearings
Brand: Bimetal Bearings

BSE: 505681 | NSE: BIMETAL | Bearings | Small Cap

Place order

Bimetal Bearings Share Price

₹669.95 0.00 0.00%
as on 24-Dec'24 16:59

10 Year X-Ray of Bimetal Bearings:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	5.7%	5.2%	4.5%	8%	8.8%	0.9%	2.4%	2.9%	6.9%	5.7%	-
Value Creation Index ⓘ	-0.6	-0.6	-0.7	-0.4	-0.4	-0.9	-0.8	-0.8	-0.5	-0.6	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	159	142	144	182	206	149	158	197	229	234	237
Sales YoY Gr.	-	-10.6%	1.3%	26.6%	13.3%	-27.8%	6.3%	24.3%	16.4%	1.9%	-
Adj EPS ⓘ	10.1	11.5	8.2	23.3	22.9	2.9	7.8	6.8	24.1	20.2	21.9
YoY Gr.	-	14.5%	-29.1%	184.9%	-1.7%	-87.2%	166.6%	-13.4%	256.8%	-16.2%	-
BVPS (₹) ⓘ	364.4	413.2	429	456.2	474.2	453.3	485.9	505.4	526.1	560.1	579.7
Adj Net Profit ⓘ	3.9	4.4	3.1	8.9	8.8	1.1	3	2.6	9.2	7.7	8
Cash Flow from Ops. ⓘ	-7.3	7.5	5.5	12.1	12.3	12.6	8.9	8.8	11.5	9	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0.3	0.5	0.6	0.5	0.6	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	4.4%	2.5%	13.8%	1.9%
Adj EPS ⓘ	8.1%	-2.5%	37.3%	-16.2%
BVPSⓘ	4.9%	3.4%	4.9%	6.5%
Share Price	6%	16.8%	25.5%	12.1%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	2.8	3	1.9	5.3	4.9	0.6	1.7	1.4	4.7	3.7	3.8
Op. Profit Mgn % ⓘ	4.1	6.3	4	7.4	8.1	0.1	3	4.1	7.1	5.3	5.1
Net Profit Mgn % ⓘ	2.4	3.1	2.2	4.9	4.2	0.8	1.9	1.3	4	3.3	3.5
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	0
Working Cap Days ⓘ	321	345	360	322	290	379	304	211	189	196	90
Cash Conv. Cycle ⓘ	138	146	133	118	119	158	141	113	99	104	57

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 3.80%

Sales growth is growing at healthy rate in last 3 years 13.82%

Net Profit is growing at healthy rate in last 3 years 37.29%

Sales growth is not so good in last 4 quarters at 2.27%

Latest Financials - Bimetal Bearings Ltd.

	Standalone	Consolidated
TTM EPS (₹)	21.9	25.1
TTM Sales (₹ Cr.)	237	237
BVPS (₹.) ⓘ	579.7	594.1
Reserves (₹ Cr.) ⓘ	218	223
P/BV ⓘ	1.16	1.13
PE ⓘ	30.62	26.72

From the Market
52 Week Low / High (₹)	549.60 / 842.80
All Time Low / High (₹)	5.00 / 842.80
Market Cap (₹ Cr.)	256
Equity (₹ Cr.)	3.8
Face Value (₹)	10
Industry PE ⓘ	45.5

Management X-Ray of Bimetal Bearings:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Bimetal Bearings

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

This is a premium feature, Please click here to check our solutions.

Key Ratios of Bimetal Bearings

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	159	142	144	182	206	149	158	197	229	234
Operating Expenses ⓘ	152	133	138	169	190	150	154	189	213	221
Manufacturing Costs	33	30	32	38	42	31	31	39	47	49
Material Costs	81	65	70	92	105	79	86	111	125	131
Employee Cost	21	23	23	24	26	27	25	26	28	28
Other Costs ⓘ	18	15	14	15	16	14	11	12	14	14
Operating Profit ⓘ	7	9	6	13	17	-1	4	8	16	12
Operating Profit Margin (%)	4.1%	6.2%	4.0%	7.4%	8.1%	-0.4%	2.7%	4.1%	7.0%	5.3%
Other Income ⓘ	6	3	5	4	4	8	6	4	5	7
Interest ⓘ	1	0	0	0	0	0	1	1	1	1
Depreciation ⓘ	4	4	4	4	5	6	6	6	7	7
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	7	7	7	13	15	1	4	5	13	11
Tax ⓘ	2	2	2	3	5	0	0	1	3	2
Profit After Tax	6	5	5	10	10	2	4	4	10	8
PAT Margin (%)	3.5%	3.5%	3.5%	5.6%	5.0%	1.1%	2.5%	1.9%	4.2%	3.6%
Adjusted EPS (₹)	14.6	13.1	13.1	26.6	27.0	4.3	10.3	9.7	25.3	22.1
Dividend Payout Ratio (%)	51%	57%	57%	34%	37%	163%	78%	83%	49%	57%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	139	158	164	175	181	173	186	193	201	214
Share Capital ⓘ	4	4	4	4	4	4	4	4	4	4
Reserves ⓘ	136	154	160	171	178	170	182	189	197	210
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	3	5	5	5	5
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	3	5	5	5	5
Trade Payables	15	14	24	24	24	22	32	32	32	33
Others Liabilities ⓘ	60	59	59	60	55	53	15	15	25	28
Total Liabilities ⓘ	215	231	246	259	261	252	237	246	264	280
Fixed Assets
Gross Block	117	37	44	54	64	71	92	99	109	117
Accumulated Depreciation	82	4	8	12	17	22	28	34	40	48
Net Fixed Assetsⓘ	35	33	36	42	47	49	64	65	69	69
CWIP ⓘ	1	4	3	1	2	13	3	8	3	3
Investmentsⓘ	18	35	39	45	47	41	53	57	57	72
Inventories	48	44	46	43	45	41	50	48	53	51
Trade Receivables	40	35	37	51	51	41	48	48	49	53
Cash Equivalents	7	6	6	5	3	2	2	2	2	1
Others Assetsⓘ	66	74	79	72	66	66	18	19	30	31
Total Assets ⓘ	215	231	246	259	261	252	237	246	264	280

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-7	7	5	12	12	13	9	9	12	9
PBT ⓘ	7	7	7	13	15	1	4	5	13	11
Adjustment ⓘ	1	3	0	3	3	1	2	4	4	3
Changes in Working Capital ⓘ	-12	1	-3	1	-2	11	-1	2	-3	-3
Tax Paid ⓘ	-3	-3	1	-4	-4	0	4	-2	-3	-2
Cash Flow From Investing Activity ⓘ	13	-5	-2	-10	-9	-9	-7	-6	-7	-4
Capex	-2	-4	-6	-8	-10	-16	-11	-13	-10	-7
Net Investments	3	-3	0	-3	0	0	3	5	0	0
Others ⓘ	12	2	4	1	1	7	1	2	3	3
Cash Flow From Financing Activityⓘ	-5	-4	-4	-4	-4	-5	-2	-3	-4	-6
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	0	0	0	0	0	-1
Dividend Paid ⓘ	-3	-3	-3	-3	-4	-5	-3	-3	-3	-5
Others ⓘ	-2	0	0	0	0	0	1	0	-1	-1
Net Cash Flow ⓘ	1	-1	0	-1	-1	-2	0	0	0	-1

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	4.03	3.38	3.1	6	5.8	0.93	2.2	1.95	4.9	4.06
ROCE (%)	5.74	5.22	4.47	7.98	8.78	0.9	2.38	2.91	6.88	5.68
Asset Turnover Ratio	0.8	0.73	0.67	0.74	0.79	0.58	0.65	0.83	0.91	0.87
PAT to CFO Conversion(x)	-1.17	1.4	1	1.2	1.2	6.5	2.25	2.25	1.2	1.13
Working Capital Days
Receivable Days	78	85	83	87	90	113	102	87	76	78
Inventory Days	93	103	103	87	78	106	104	89	79	80
Payable Days	59	82	98	95	85	109	116	105	93	91

Bimetal Bearings Ltd Stock News

Bimetal Bearings Ltd FAQs

What is the share price of Bimetal Bearings?

Company share prices are keep on changing according to the market conditions. The closing price of Bimetal Bearings on 24-Dec-2024 16:59 is ₹670.0.

What is the market cap of Bimetal Bearings?

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 24-Dec-2024 16:59 the market cap of Bimetal Bearings stood at ₹256.3.

What is the P/E ratio of Bimetal Bearings?

The latest P/E ratio of Bimetal Bearings as of 24-Dec-2024 16:59 is 30.62.

What is the P/B ratio of Bimetal Bearings?

The latest P/B ratio of Bimetal Bearings as of 24-Dec-2024 16:59 is 1.16.

What is the 52-week high and low of Bimetal Bearings?

The 52-week high of Bimetal Bearings is ₹842.8 and the 52-week low is ₹549.6.

What is the TTM revenue of Bimetal Bearings?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bimetal Bearings is ₹236.7 ( Cr.) .

About Bimetal Bearings Ltd

Bimetal Bearings (BBL) was incorporated on April 19, 1961, promoted by India Pistons Ltd. with the technical collaboration of Clevite Corporation, USA and financial collaboration of Repco, Ltd., Australia, the company offers metallurgy and friction material, aluminium tin and non-plated copper lead bearings, Bushings and Thrust Washer 12 mm to 90mm dia, Sintered and Bonded Strips, Copper Lead Sintered Strips and sintered strips under the brand name Bimite.

Quality Management System (QMS) is introduced in Sintering Process, Bearing Lines, Aluminium Tin Bonding Lines, Alloy Powder Composition, to name a few. Modern & latest technological updates are continuously deployed in ensuring utmost quality of products resulting in customer delight.

Right from inception, BBL has been convinced that technology advantage would be the decisive differentiating factor that would give it a quantum jump over competition at the market place. Automated methods in production, Systems Approach to Zero Defect Supplies among others have always held BBL in good stead in turning out product ahead of market-demands and competition.

BBL has eminently positioned itself to be the first source for all new international vehicle models. BBL effectively uses a segmentation strategy to listen to its different categories of customers such as Fleet Operators, State Road Transport Undertakings, Defence Establishments and Export Markets.

The company had strategic tie-ups with international companies such as Miba of Austria for Transfer Lines Flange Manufacture , ACL of Australia for Overlay Plating and Daido of Japan for manufacturing, upgradation, special range of materials, indium plating and ahell casting.

BBL has eminently positioned itself to be the first source for all new international vehicle models. BBL effectively uses a segmentation strategy to listen to its different categories of customers such as fleet operators, state road transport undertakings, defence establishments and export markets.

The company enjoys a dominant market-share among all major OEMs in HCV/ LCV/MCV/MUV, cars, tractors, defence vehicles, railways and industrial engines. Major OEMâ€™s application catering / deployment include Mahindra & Mahindra ( International Harvester / AVL), TAFE (Massey Ferguson) , Simpsons (Perkins) , Maruti (Suzuki) , Ashok Leyland, Hyundai, Cummins, TELCO, Escorts & HM. It is a dedicated single source supplier to Hyundai Motors India. Its brand BIMITE is well-recognized in markets as far-flung as USA,UK,Germany, Italy, Austria, Croatia, and near-home markets as Dubai, Iran, Korea, SriLanka and Bangladesh.

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. The state-of-the-art R&D facilities are approved by Department of Scientific & Industrial Research, Government of India.

BBL has state-of-the-art R&D facilities approved by Department of Scientific & Industrial Research, Government of India. The R&D centre champions BBLâ€™s cause of constant innovation in its product-offerings. It is well-equipped to design, test and develop Bearings, Bushings & Thrust Washers.