Date: 28 Feb 2024
Bearings
Sector |
Market Cap |
No of Companies |
Bearings |
93634.97 |
13 |
NetWorth |
8263.80 |
TTM Sales |
13460.17 |
TTM Sales Var (%) |
5.58 |
Debt |
554.61 |
TTM OP |
2212.77 |
TTM NP Var (%) |
-1.66 |
Capital Employed |
8915.46 |
TTM OPM (%) |
19.64 |
EV/TM Sales |
6.96 |
Net Block |
2999.76 |
TTM PATM (%) |
12.32 |
EV/TTM EBITDA |
41.38 |
Current Assets |
7764.50 |
Debt / Equity |
0.07 |
P/E |
56.45 |
ROCE (%) |
75.97 |
RONW (%) |
20.07 |
P/B |
11.33 |
The above figures are in Rs. Crores as of 28 Feb 2024
TTM ended December 2023
|
28 Feb 2024 |
31 Jan 2023 |
31 Jan 2022 |
MoM Var. (%) |
YoY Var. (%) |
Sector Marketcap |
93634.97 |
90354.89 |
63094.78 |
3.63 |
48.4 |
Total Marketcap |
38849922.4 |
27157567.18 |
25408087.59 |
43.05 |
52.9 |
Sector's share |
0.24 |
0.33 |
0.25 |
-0.09 |
-0.01 |
Sector No of companies |
13 |
13 |
12 |
0 |
1 |
Total Listed companies |
4541 |
4248 |
4096 |
293 |
445 |
Sector's share |
0.29 |
0.31 |
0.29 |
-0.02 |
0 |
Nifty 50 |
21951.15 |
21725.7 |
17303.95 |
1.04 |
26.86 |
Gainers |
| Company Name |
28/02/2024 |
25/01/2024 |
Var% |
| Austin Engg Co |
220.40 |
185.30 |
18.94 |
| Galaxy Bearings |
1576.05 |
1526.15 |
3.27 |
Losers |
| Company Name |
28/02/2024 |
25/01/2024 |
Var% |
| NRB Indl Bearing |
31.79 |
40.69 |
-21.87 |
| Vishal Bearings |
147.90 |
183.85 |
-19.55 |
| Timken India |
2747.80 |
3296.15 |
-16.64 |
| SNL Bearings |
338.25 |
404.35 |
-16.35 |
| NRB Bearings |
316.20 |
347.30 |
-8.95 |
During the month of February 2024, Bearings sector’s Marketcap increased 3.63% to Rs 93634.97 crore, compared to 43.05% rise in total listed marketcap to Rs 38849922.4 crore.
Sector’s share of total listed marketcap moved to 0.24% in February 2024 from 0.33% in January 2023 and 0.25% in January 2022.
In terms of price appreciation in the sector, there were 2 gainers and 9 losers in the month of Feb 2024. The gainers accounted for 15.38% of sector companies, losers accounted for 69.23% of sector companies, while 2% remained unchanged.
The top 2 gainers were Austin Engg Co (18.94% gain) and Galaxy Bearings (3.27% gain).
The 3 losers at the bottom were NRB Indl Bearing (-21.87% fall), Vishal Bearings (-19.55% fall) and Timken India (-16.64% fall).
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, NRB Industrial Bearings Ltd and Vishal Bearings Ltd announced their results. Of these SKF India Ltd, Galaxy Bearings Ltd and NRB Bearings Ltd reported rise in net profit attributable to shareholders. Companies like Schaeffler India Ltd, Timken India Ltd, Menon Bearings Ltd, SNL Bearings Ltd, Bimetal 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 Timken India Ltd from 6.71% to 7.13% and SKF India Ltd from 6.46% to 6.61%. FIIs reduced their shareholding in Menon Bearings Ltd from 0.57% to 0.54% and Schaeffler India Ltd from 4.52% to 4.35%.
DIIs increased their shareholding in Timken India Ltd from 18.38% to 21.36%, Schaeffler India Ltd from 15.32% to 15.56% and NRB Bearings Ltd from 19.48% to 19.69%. DIIs reduced their shareholding in SKF India Ltd from 28.96% to 28.68%.
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, ZNL 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, Prime Cage Pvt Ltd, Vishal Bearings Ltd, Omega Renk Bearings Pvt 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, S K F Engineering & Lubrication India Pvt Ltd, Timken Engineering & Research-India Pvt Ltd and Mageba Bridge Products Pvt Ltd were updated in Capitaline.
