SNL Bearings Ltd.
Snapshot View

268.40 +5.70 ▲2.2%

25 May 2022, 04:01:00 PM
Volume: 2,719

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Bearings Compare with Industry peers
Website http://www.snlbearings.in
Market Cap 96.07 Cr.
Enterprise Value(EV) 92.29 Cr. 2022-03
Financial Indicators
Earnings per share (EPS) 26.22 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 10.14 Trailing Twelve Months Ending 2021-12
Industry PE 43.18 Trailing Twelve Months Ending 2021-12
Book Value / Share 128.26 Trailing Twelve Months Ending 2021-12
Price to Book Value 2.07 Calculated using Price: 266.00
Dividend Yield 2.44 Period Ending 2021-03
No. of Shares Subscribed 0.36 Cr. 3,611,540 Shares
FaceValue 10
Company Profile

SNL Bearings (SNL), established in 1983, is engaged in the manufacture and marketing of antifriction bearing products. Formerly known as Shriram Needle Bearing Industries, it acquired its present name with effect from December 21, 2004. The holding company NRB Bearings acquired the company on June 01, 2000. The company serves automobile, general engineering, railway, and electrical equipment industries in the United States, Italy, the United Kingdom, Portugal, France, Indonesia, Malaysia, Taiwan, Singapore, Thailand, Vietnam, the Philippines, Kenya, and the United Arab Emirates.

The ISO 9002 certified company operates in the antifriction bearing industry which is segmented into ball bearings and roller bearings, and offers needle rollers, needle cages, needle bushes, and thrust cages, which find application in gear boxes and propeller shafts, connecting rods, steering systems, chassis and suspensions, and industrial machinery. It has successfully developed and introduced cage-guided drawn cup needle bearings, connecting-rod needle cages for piston pin and crank pin along with other types and ranges of needle bearings. Located at Ranchi in Jharkhand, the manufacturing unit has an installed capacity of 12 million needle roller bushes and cages, and 250 needle rollers.

The products of the company are supplied to a customer base comprising of original equipment manufacturers producing motorcycles, scooters, cars and trucks in India, and the company has made successful inroads into the motorcycle, chainsaw, hand tool and other industrial markets worldwide with established customers in USA, Italy, UK, Portugal, France, Indonesia, Malaysia, Taiwan, Singapore, Thailand, Vietnam, Philippines, UAE and Kenya. Some of the domestic customers include Denso India Tractors, Maruti, Mahindra & Mahindra, Mico, Sona Steering, Telco and TAFE in the four-wheeler industry and Bajaj Auto, Kinetic Honda, Kinetic Engineering and LML in the two-wheeler segment.

The registered office is at Dhannur, 15, Sir P.M. Road, Fort, Mumbai-400001.

Business areas of the company:

SNL Bearings operates in the antifriction bearing industry. It offers needle rollers, needle cages, needle bushes, and thrust cages, which are used in gear boxes and propeller shafts, connecting rods, steering systems, chasis and suspension, and industrial machinery.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+2.17%
1 Week
-1.32%
1 Month
-7.06%
3 Month
-10.19%
6 Month
+1.15%
1 Year
+29.57%
2 Year
+120.0%
5 Year
+12.84%
10 Year
+784.35%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 82.16 43.51 45.42 44.47 38.31 34.11 26.05 12.03 16.34
Return on Capital Employed (%) 52.55 35.53 44.07 54.90 54.12 46.54 36.45 15.43 21.43
Return on Assets (%) 25.02 14.96 15.75 19.65 23.68 23.92 18.25 8.16 11.14

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 10 11 11 15 20 28 34 35 41 48
Non Curr. Liab. 1 6 8 5 4 8 11 12 13 2
Curr. Liab. 7 10 11 8 4 4 4 6 5 5
Minority Int.
Equity & Liab. 18 27 30 27 28 40 49 53 58 55
Non Curr. Assets 6 12 15 11 13 16 21 25 27 17
Curr. Assets 12 16 16 16 16 24 28 28 32 38
Misc. Exp. not W/O
Total Assets 18 27 30 27 28 40 49 53 58 55

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 23 23 26 30 33 38 41 34 36 44
Other Income 0 1 0 0 0 0 1 1 1 1
Total Income 23 24 27 30 34 39 42 35 37 45
Total Expenditure -16 -17 -19 -21 -23 -26 -29 -28 -28 -31
PBIDT 7 6 8 9 11 12 12 7 9 13
Interest 0 -1 -1 0 0 0 0 0 0
Depreciation 0 0 -1 -1 -1 -1 -1 -1 -1 -1
Taxation -2 -2 -2 -3 -3 -3 -3 -1 -2 -3
Exceptional Items
PAT 4 3 5 6 7 8 8 4 6 9
Adjusted EPS 9 8 6 13 18 23 23 12 17 24

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 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. 4 3 4 6 7 6 10 2 8 8
Cash Fr. Inv. -1 -2 -3 -1 -1 -2 -9 0 -5 0
Cash Fr. Finan. -3 0 -1 -5 -6 -5 -1 -2 -1 -3
Net Change 0 0 0 0 0 -1 0 0 2 5
Cash & Cash Eqvt 0 0 0 0 1 0 0 3 8

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 74.39 74.39 74.39 74.39 74.39 74.39 74.39 74.39 74.39
Public 25.61 25.61 25.61 25.61 25.61 25.61 25.61 25.61 25.61
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

Tue, 24 May 2022
Results-Financial Results For March 31 2022
Results-Financial Results for March 31 2022 as per attachment
Tue, 24 May 2022
Announcement under Regulation 30 (LODR)-Change in Directorate
The Board approved the re-appointment of Mr. Claude Alex DGama Rose (DIN No. 01494440) as a Director on the Board of the Company in the category of Non-Executive and Independent Director for a second term of 5 (five) years w.e.f. May 17 2023 based on the recommendation of the Nomination and Remuneration Committee subject to the approval of the same at the ensuing 42nd Annual General Meeting of the Company.
Tue, 24 May 2022
Corporate Action-Board approves Dividend
The Board recommended a Final Dividend of Rs. 6.50/- (Rupees Six and Paise Fifty only) i.e. 65% (sixty-five percent) per equity share of Rs. 10.00/- each fully paid up for the financial year ended March 31 2022. The same will be paid out to the Members of the Company within 30 (thirty) days of its approval and declaration by the Members at the ensuing 42nd Annual General Meeting of the Company.

Technical Scans View Details

Wed, 25 May 2022
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Opening at High Opening at High
High Decrease 1 Month High Decrease 1 Month

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