Bimetal Bearings Ltd.
Snapshot View

307.50 -2.00 ▼-0.7%

20 May 2022, 04:01:00 PM
Volume: 58

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Bearings Compare with Industry peers
Website https://bimite.co.in/
Market Cap 117.62 Cr.
Enterprise Value(EV) 120.49 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 12.65 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 24.31 Trailing Twelve Months Ending 2021-12
Industry PE 44.16 Trailing Twelve Months Ending 2021-12
Book Value / Share 498.12 Trailing Twelve Months Ending 2021-12
Price to Book Value 0.62 Calculated using Price: 307.50
Dividend Yield 2.60 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
-0.65%
1 Week
+1.45%
1 Month
-5.96%
3 Month
-13.29%
6 Month
-13.48%
1 Year
-2.69%
2 Year
+46.43%
5 Year
-22.24%
10 Year
+13.24%
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 7 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. 2021-09* Rs. Cr.
Shh. Funds 159 164 175 183 174 187 191
Non Curr. Liab. 54 5 53 46 49 11 7
Curr. Liab. 19 77 31 33 30 44 36
Minority Int.
Equity & Liab. 232 246 259 262 253 241 234
Non Curr. Assets 131 82 146 149 154 119 125
Curr. Assets 100 164 113 114 99 122 109
Misc. Exp. not W/O
Total Assets 232 246 259 262 253 241 234

Profit Loss View Details

Particulars 7 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. 2021-12 Rs. Cr. TTM
Net Sales 142 144 182 206 149 158 196
Other Income 3 5 4 4 6 6 5
Total Income 145 149 187 210 156 164 201
Total Expenditure -133 -138 -169 -190 -149 -154 -190
PBIDT 12 11 18 21 7 10 11
Interest 0 0 0 0 0 -1 0
Depreciation -4 -4 -4 -5 -6 -6 -6
Taxation -2 -2 -3 -5 0 0 0
Exceptional Items 0 1
PAT 5 5 10 10 1 4 4
Minority Interest
Share Associate -1 -1 1 1 0 0 0
Other Related Items
Consolidated Net Profit 4 4 11 11 1 4 5
Adjusted EPS 11 11 29 30 3 10 13

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 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
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

Mon, 16 May 2022
Board to consider Dividend
Bimetal Bearings Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 27 2022 to consider take on record and adopt the audited financial statements for the financial year ended March 31 2022 and also to consider declaration of dividend (if any) for the financial year ended on that date.

As notified by the Company vide letter Dt. March 28 2022 pursuant to the Companys code to regulate monitor and report trading by insiders the Trading Window Closure Period for dealing in the securities of the Company for all the designated persons and their relatives has commenced from April 01 2022 till 48 hours after the completion of the Board meeting.
Mon, 16 May 2022
Board Meeting Intimation for Intimation Of Meeting Of Board Of Directors Scheduled On Friday The 27Th May 2022
BIMETAL BEARINGS LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2022 inter alia to consider and approve the audited financial statements for the financial year ended 31st March 2022 and also to consider declaration of dividend (if any) for the financial year ended on that date.
Fri, 13 May 2022
Intimation About The Non-Publication Of Financial Results For The Quarter Ended 31St March 2022 Considering The Fact That The Audited Financial Results For The Year Ended 31St March 2022 Will Be Submitted Within The Stipulated Time.
Bimetal Bearings Limited is hereby intimating about the non-publication of financial results for the quarter ended 31st March 2022 considering the fact that the audited financial results for the year ended 31st March 2022 will be submitted within the stipulated time as prescribed by SEBI (LODR) Regulations 2015.

Technical Scans View Details

Fri, 20 May 2022
High Delivery Percentage High Delivery Percentage
Opening at High Opening at High
Close Within 52 Week Low Zone Close Within 52 Week Low Zone
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months

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