Bimetal Bearings Ltd.
Snapshot View

447.00 +8.65 ▲2.0%

30 July 2021, 09:47:00 A.M.
Volume: 501

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Bearings Compare with Industry peers
Website http://www.bimite.co.in
Financial Indicators
Market Cap 167.67 Cr.
Earnings per share (EPS) 10.00 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 43.85 Trailing Twelve Months Ending 2021-03
Industry PE 47.44 Trailing Twelve Months Ending 2021-03
Book Value / Share 488.10 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.90 Calculated using Price: 438.35
Dividend Yield 1.83 Period Ending 2021-03
No. of Shares Subscribed 0.38 Cr. 3,825,000 Shares
FaceValue 10
Company Profile

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 OEM’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 BBL’s cause of constant innovation in its product-offerings. It is well-equipped to design, test and develop Bearings, Bushings & Thrust Washers.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.97%
1 Week
+4.43%
1 Month
+23.46%
3 Month
+58.65%
6 Month
+54.51%
1 Year
+78.80%
2 Year
+35.39%
5 Year
+30.13%
6 years 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 3.07 3.39 5.99 5.76 0.52 2.19
Return on Capital Employed (%) 4.70 4.65 7.97 8.72 0.49 2.37
Return on Assets (%) 2.10 2.29 4.02 3.95 0.36 1.60

Balance Sheet View Details

Particulars 6 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 159 164 175 183 174 187
Non Curr. Liab. 54 5 53 46 49 11
Curr. Liab. 19 77 31 33 30 44
Minority Int.
Equity & Liab. 232 246 259 262 253 241
Non Curr. Assets 131 82 146 149 154 119
Curr. Assets 100 164 113 114 99 122
Misc. Exp. not W/O
Total Assets 232 246 259 262 253 241

Profit Loss View Details

Particulars 6 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 142 144 182 206 149 158
Other Income 3 5 4 4 6 6
Total Income 145 149 187 210 156 164
Total Expenditure -133 -138 -169 -190 -149 -154
PBIDT 12 11 18 21 7 10
Interest 0 0 0 0 0 -1
Depreciation -4 -4 -4 -5 -6 -6
Taxation -2 -2 -3 -5 0 0
Exceptional Items 0 1
PAT 5 5 10 10 1 4

Cash Flow View Details

Particulars 6 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 7 5 12 12 13 9
Cash Fr. Inv. -5 -2 -10 -9 -9 -5
Cash Fr. Finan. -4 -4 -4 -4 -5 -4
Net Change -1 0 -1 -1 -2 0
Cash & Cash Eqvt 5 5 4 3 1 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 74.88 74.88 74.88 74.88 74.88 74.88 74.88 74.88 74.88
Public 25.12 25.12 25.12 25.12 25.12 25.12 25.12 25.12 25.12
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 23 Jul 2021
Details Of Changes In Committee Membership
Bimetal Bearings Limited is informing the changes in the committee membership of Directors with effect from 22nd July 2021
Fri, 23 Jul 2021
Announcement under Regulation 30 (LODR)-Cessation
Bimetal Bearings Limited is hereby intimating the cessation of second term of office of Mr.P.M.Venkatasubramanian (DIN 00001579) as an Independent Director with effect from 21st July 2021.
Fri, 23 Jul 2021
Announcement under Regulation 30 (LODR)-Resignation of Director
Bimetal Bearings Limited is hereby intimating about the Resignation of Mr.N.P.Mani Non-Executive Director from the Board of Directors with effect from 22nd July 2021.

Technical Scans View Details

Thu, 29 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone

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