Date: 29 Nov 2023
Bearings
Sector |
Market Cap |
No of Companies |
Bearings |
93465.65 |
13 |
NetWorth |
3458.45 |
TTM Sales |
13359.65 |
TTM Sales Var (%) |
8.29 |
Debt |
503.51 |
TTM OP |
2260.04 |
TTM NP Var (%) |
6.76 |
Capital Employed |
4043.65 |
TTM OPM (%) |
18.64 |
EV/TM Sales |
7.00 |
Net Block |
1150.03 |
TTM PATM (%) |
11.46 |
EV/TTM EBITDA |
41.12 |
Current Assets |
3658.34 |
Debt / Equity |
0.15 |
P/E |
61.03 |
ROCE (%) |
185.67 |
RONW (%) |
44.28 |
P/B |
27.03 |
The above figures are in Rs. Crores as of 29 Nov 2023
TTM ended September 2023
|
29 Nov 2023 |
31 Oct 2022 |
31 Oct 2021 |
MoM Var. (%) |
YoY Var. (%) |
Sector Marketcap |
93465.65 |
90587.02 |
55262.24 |
3.18 |
69.13 |
Total Marketcap |
33471732.91 |
28126970.51 |
25945280.23 |
19 |
29.01 |
Sector's share |
0.28 |
0.32 |
0.21 |
-0.04 |
0.07 |
Sector No of companies |
13 |
13 |
12 |
0 |
1 |
Total Listed companies |
4449 |
4179 |
4067 |
270 |
382 |
Sector's share |
0.29 |
0.31 |
0.3 |
-0.02 |
-0.01 |
Nifty 50 |
20096.6 |
19079.6 |
18758.35 |
5.33 |
7.13 |
Gainers |
| Company Name |
29/11/2023 |
27/10/2023 |
Var% |
| NRB Indl Bearing |
32.94 |
30.60 |
7.65 |
| NRB Bearings |
268.30 |
263.45 |
1.84 |
| Bimetal Bearings |
600.90 |
598.90 |
0.33 |
Losers |
| Company Name |
29/11/2023 |
27/10/2023 |
Var% |
| Vishal Bearings |
176.95 |
202.75 |
-12.73 |
| SKF India |
4539.95 |
4974.35 |
-8.73 |
| Benara Bearings |
13.26 |
14.30 |
-7.27 |
| Austin Engg Co |
181.30 |
194.00 |
-6.55 |
| Menon Bearings |
136.85 |
146.20 |
-6.40 |
During the month of November 2023, Bearings sector’s Marketcap increased 3.18% to Rs 93465.65 crore, compared to 19% rise in total listed marketcap to Rs 33471732.91 crore.
Sector’s share of total listed marketcap moved to 0.28% in November 2023 from 0.32% in October 2022 and 0.21% in October 2021.
In terms of price appreciation in the sector, there were 3 gainers and 9 losers in the month of Nov 2023. The gainers accounted for 23.08% of sector companies, losers accounted for 69.23% of sector companies, while 1% remained unchanged.
The top 3 gainers were NRB Indl Bearing (7.65% gain), NRB Bearings (1.84% gain) and Bimetal Bearings (0.33% gain).
The 3 losers at the bottom were Vishal Bearings (-12.73% fall), SKF India (-8.73% fall) and Benara Bearings (-7.27% fall).
During the month SKF India Ltd, Bimetal Bearings Ltd, Austin Engineering Company Ltd, Timken India Ltd, Menon Bearings Ltd, Galaxy Bearings Ltd, NRB Bearings Ltd, SNL Bearings Ltd, NRB Industrial Bearings Ltd and Vishal Bearings Ltd announced their results. Of these NRB Bearings Ltd reported rise in net profit attributable to shareholders. Companies like Timken India Ltd, SKF India Ltd, Menon Bearings Ltd, Galaxy Bearings Ltd, Bimetal Bearings Ltd, SNL Bearings Ltd, Austin Engineering Company Ltd and Vishal Bearings Ltd reported fall in net profit attributable to shareholders.
During the month SKF India Ltd, Bimetal Bearings Ltd, Schaeffler India Ltd, Austin Engineering Company Ltd, Timken India Ltd, Menon Bearings Ltd, Galaxy Bearings Ltd, NRB Bearings Ltd, SNL Bearings Ltd, Benara Bearings & Pistons Ltd, NRB Industrial Bearings Ltd, Vishal Bearings Ltd and SKP Bearing Industries Ltd filed their shareholding patterns.
FIIs increased their shareholding in Schaeffler India Ltd from 4.04% to 4.52%, Timken India Ltd from 6.56% to 6.71% and SKF India Ltd from 6.42% to 6.46%. FIIs reduced their shareholding in Menon Bearings Ltd from 1.00% to 0.57% and NRB Bearings Ltd from 21.85% to 14.32%.
DIIs increased their shareholding in NRB Bearings Ltd from 11.18% to 19.48% and Timken India Ltd from 17.72% to 18.38%. DIIs reduced their shareholding in SKF India Ltd from 29.24% to 28.96% and Schaeffler India Ltd from 15.73% to 15.32%.
During the month Annual reports of SKF India Ltd, Bimetal Bearings Ltd, Schaeffler India Ltd, Austin Engineering Company Ltd, Timken India Ltd, Menon Bearings Ltd, Galaxy Bearings Ltd, NRB Bearings Ltd, SNL Bearings Ltd, Federal-Mogul Bearings India Ltd, ARB Bearings Ltd, Precision Bearings Pvt Ltd, Benara Bearings & Pistons Ltd, Texspin Bearings Ltd, NRB Industrial Bearings Ltd, Ras Bearing Pvt Ltd, RMP Bearings Ltd, Kasuma Auto Engineering Pvt Ltd, Vishal Bearings Ltd, Nachi Technology India Pvt Ltd, ILJin Automotive Pvt Ltd, KCI Bearings (India) Pvt Ltd, SKP Bearing Industries Ltd, TVS Engineering Ltd, Turbo Bearings Pvt Ltd, Orbit Bearings India Pvt Ltd, Pushp forgings Pvt Ltd and Mageba Bridge Products Pvt Ltd were updated in Capitaline.
