Sector Trends     01-Mar-23
Sector
Bearings

Date: 28 Feb 2023

Bearings

Sector

Market Cap

No of Companies

Bearings

69211.73

6

 

NetWorth

2282.41

TTM Sales

4552.28

TTM Sales Var (%)

21.74

Debt

141.98

TTM OP

762.93

TTM NP Var (%)

37.03

Capital Employed

2474.50

TTM OPM (%)

17.72

EV/TM Sales

15.20

Net Block

610.31

TTM PATM (%)

11.26

EV/TTM EBITDA

90.03

Current Assets

2338.18

Debt / Equity

0.06

P/E

135.04

ROCE (%)

118.92

RONW (%)

22.46

P/B

30.32

The above figures are in Rs. Crores as of 28 Feb 2023

TTM ended December 2022

28 Feb 2023

31 Jan 2022

31 Jan 2021

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

69211.73 46192.3 22254.55 49.83 211

Total Marketcap

25864691.4 26608061.4 20169923.96 -2.79 28.23

Sector's share

0.27 0.17 0.11 0.1 0.16

Sector No of companies

6 5 5 1 1

Total Listed companies

4247 4117 3889 130 358

Sector's share

0.14 0.12 0.13 0.02 0.01

Nifty 50

17303.95 17662.15 16793.9 -2.03 3.04

 

Gainers

Company Name
28/02/2023
27/01/2023
Var%
Vishal Bearings 96.25 73.80 30.42
Schaeffler India 2981.70 2604.65 14.48
SKF India 4453.70 4326.25 2.95

Losers

Company Name
28/02/2023
27/01/2023
Var%
NRB Indl Bearing 18.35 19.30 -4.92
Bimetal Bearings 399.30 408.00 -2.13

 

During the month of February 2023, Bearings sector’s Marketcap increased 49.83% to Rs 69211.73 crore, compared to -2.79% fall in total listed marketcap to Rs 25864691.4 crore.

Sector’s share of total listed marketcap moved to 0.27% in February 2023 from 0.17% in January 2022 and 0.11% in January 2021.


In terms of price appreciation in the sector, there were 3 gainers and 2 losers in the month of Feb 2023. The gainers accounted for 50.00% of sector companies, losers accounted for 33.33% of sector companies, while 1% remained unchanged.

The top 3 gainers were Vishal Bearings (30.42% gain), Schaeffler India (14.48% gain) and SKF India (2.95% gain).

The 2 losers at the bottom were NRB Indl Bearing (-4.92% fall) and Bimetal Bearings (-2.13% fall).

During the month SKF India Ltd, Bimetal Bearings Ltd, Schaeffler India Ltd, NRB Industrial Bearings Ltd and Vishal Bearings Ltd announced their results. Of these SKF India Ltd, Bimetal Bearings Ltd, Schaeffler India Ltd and Vishal Bearings Ltd reported rise in net profit attributable to shareholders.

During the month SKF India Ltd, Bimetal Bearings Ltd, Schaeffler India Ltd, NRB Industrial Bearings Ltd, Vishal Bearings Ltd and SKP Bearing Industries Ltd filed their shareholding patterns.

FIIs increased their shareholding in SKF India Ltd from 6.36% to 6.48%. FIIs reduced their shareholding in Schaeffler India Ltd from 5.74% to 4.81%.

DIIs increased their shareholding in Schaeffler India Ltd from 14.17% to 15.02%. DIIs reduced their shareholding in SKF India Ltd from 28.91% to 28.84%.

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, 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.

 

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