Date: 31 Mar 2023
Bearings
Sector |
Market Cap |
No of Companies |
Bearings |
88355 |
11 |
NetWorth |
2337.33 |
TTM Sales |
4881.98 |
TTM Sales Var (%) |
21.72 |
Debt |
142.12 |
TTM OP |
815.64 |
TTM NP Var (%) |
36.73 |
Capital Employed |
2538.76 |
TTM OPM (%) |
17.70 |
EV/TM Sales |
18.10 |
Net Block |
621.30 |
TTM PATM (%) |
11.20 |
EV/TTM EBITDA |
107.67 |
Current Assets |
2409.50 |
Debt / Equity |
0.06 |
P/E |
161.65 |
ROCE (%) |
124.63 |
RONW (%) |
23.38 |
P/B |
37.80 |
The above figures are in Rs. Crores as of 31 Mar 2023
TTM ended December 2022
|
31 Mar 2023 |
28 Feb 2022 |
28 Feb 2021 |
MoM Var. (%) |
YoY Var. (%) |
Sector Marketcap |
88355 |
62375.14 |
37330.52 |
41.65 |
136.68 |
Total Marketcap |
25941568.79 |
25401085.45 |
20526050.23 |
2.13 |
26.38 |
Sector's share |
0.34 |
0.25 |
0.18 |
0.09 |
0.16 |
Sector No of companies |
11 |
10 |
10 |
1 |
1 |
Total Listed companies |
4285 |
4096 |
4012 |
189 |
273 |
Sector's share |
0.26 |
0.24 |
0.25 |
0.02 |
0.01 |
Nifty 50 |
17359.75 |
17303.95 |
17464.75 |
0.32 |
-0.6 |
Gainers |
| Company Name |
31/03/2023 |
28/02/2023 |
Var% |
| Vishal Bearings |
134.62 |
96.25 |
39.86 |
Losers |
| Company Name |
31/03/2023 |
28/02/2023 |
Var% |
| NRB Indl Bearing |
15.78 |
18.35 |
-14.01 |
| Timken India |
2778.00 |
2950.30 |
-5.84 |
| Austin Engg Co |
123.00 |
129.40 |
-4.95 |
| Bimetal Bearings |
380.10 |
399.30 |
-4.81 |
| SKF India |
4256.30 |
4453.70 |
-4.43 |
During the month of March 2023, Bearings sector’s Marketcap increased 41.65% to Rs 88355 crore, compared to 2.13% rise in total listed marketcap to Rs 25941568.79 crore.
Sector’s share of total listed marketcap moved to 0.34% in March 2023 from 0.25% in February 2022 and 0.18% in February 2021.
In terms of price appreciation in the sector, there were 1 gainers and 8 losers in the month of Mar 2023. The gainers accounted for 9.09% of sector companies, losers accounted for 72.73% of sector companies, while 2% remained unchanged.
Vishal Bearings (39.86% gain) was the only one gainer.
The 3 losers at the bottom were NRB Indl Bearing (-14.01% fall), Timken India (-5.84% fall) and Austin Engg Co (-4.95% fall).
Menon Bearings Ltd announced dividend of 2.
During the month SKF India Ltd, Bimetal Bearings Ltd, Schaeffler India Ltd, Austin Engineering Company Ltd, Timken India Ltd, Deccan Bearings Ltd, Menon Bearings Ltd, Galaxy Bearings Ltd, NRB Industrial Bearings Ltd, Vishal Bearings Ltd and SKP Bearing Industries Ltd filed their shareholding patterns.
FIIs increased their shareholding in Timken India Ltd from 3.90% to 4.30% and SKF India Ltd from 6.36% to 6.48%. FIIs reduced their shareholding in Menon Bearings Ltd from 1.85% to 1.59% and Schaeffler India Ltd from 5.74% to 4.81%.
DIIs increased their shareholding in Schaeffler India Ltd from 14.17% to 15.02% and Austin Engineering Company Ltd from 0.00% to 0.07%. DIIs reduced their shareholding in Timken India Ltd from 12.02% to 11.97% and SKF India Ltd from 28.91% to 28.84%.
Promoters increased their shareholding in Galaxy Bearings Ltd from 48.90% to 53.91% and Austin Engineering Company Ltd from 34.01% to 34.17%. Promoters reduced their shareholding in NRB Industrial Bearings Ltd from 73.90% to 73.85%.
During the month Annual reports of SKF India Ltd, Bimetal Bearings Ltd, Schaeffler India Ltd, Austin Engineering Company Ltd, Timken India Ltd, Deccan Bearings Ltd, Menon Bearings Ltd, Galaxy Bearings Ltd, Federal-Mogul Anand Bearings India Ltd, Precision Bearings Pvt Ltd, Texspin Bearings Ltd, NRB Industrial Bearings Ltd, Vishal Bearings Ltd, KCI Bearings (India) Pvt Ltd, SKP Bearing Industries Ltd, Turbo Bearings Pvt Ltd and Orbit Bearings India Pvt Ltd were updated in Capitaline.
