Sector Trends     22-May-23
Sector
Bearings

Date: 28 Apr 2023

Bearings

Sector

Market Cap

No of Companies

Bearings

88128.79

12

 

NetWorth

2712.94

TTM Sales

4881.98

TTM Sales Var (%)

21.72

Debt

155.56

TTM OP

815.64

TTM NP Var (%)

36.73

Capital Employed

2924.53

TTM OPM (%)

17.70

EV/TM Sales

18.05

Net Block

733.22

TTM PATM (%)

11.20

EV/TTM EBITDA

107.04

Current Assets

2773.66

Debt / Equity

0.06

P/E

161.24

ROCE (%)

105.61

RONW (%)

20.15

P/B

32.48

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

TTM ended December 2022

28 Apr 2023

30 Apr 2022

30 Apr 2021

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

88128.79 68743.48 38612.93 28.2 128.24

Total Marketcap

27290803.1 26851884.57 22393056.31 1.63 21.87

Sector's share

0.32 0.26 0.17 0.06 0.15

Sector No of companies

12 11 10 1 2

Total Listed companies

4254 4116 3984 138 270

Sector's share

0.28 0.27 0.25 0.01 0.03

Nifty 50

18065 17359.75 17102.55 4.06 5.63

 

Gainers

Company Name
28/04/2023
28/03/2023
Var%
Austin Engg Co 166.85 125.00 33.48
Galaxy Bearings 1169.25 895.30 30.60
SNL Bearings 291.00 245.25 18.65
NRB Indl Bearing 18.58 15.95 16.49
Bimetal Bearings 421.70 370.50 13.82

Losers

Company Name
28/04/2023
28/03/2023
Var%
Vishal Bearings 132.70 149.15 -11.03
Schaeffler India 2773.60 2824.30 -1.80
Deccan Bearings 43.00 43.30 -0.69

 

During the month of April 2023, Bearings sector’s Marketcap increased 28.2% to Rs 88128.79 crore, compared to 1.63% rise in total listed marketcap to Rs 27290803.1 crore.

Sector’s share of total listed marketcap moved to 0.32% in April 2023 from 0.26% in April 2022 and 0.17% in April 2021.


In terms of price appreciation in the sector, there were 8 gainers and 3 losers in the month of Apr 2023. The gainers accounted for 66.67% of sector companies, losers accounted for 25.00% of sector companies, while 1% remained unchanged.

The top 3 gainers were Austin Engg Co (33.48% gain), Galaxy Bearings (30.60% gain) and SNL Bearings (18.65% gain).

The 3 losers at the bottom were Vishal Bearings (-11.03% fall), Schaeffler India (-1.80% fall) and Deccan Bearings (-0.69% fall).

During the month Schaeffler India Ltd and Menon Bearings Ltd announced their results. Of these Schaeffler India Ltd and Menon Bearings Ltd reported rise in net profit attributable to shareholders.

Schaeffler India Ltd became ex-dividend.

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, SNL Bearings Ltd, NRB Industrial Bearings Ltd, Vishal Bearings Ltd and SKP Bearing Industries Ltd filed their shareholding patterns.

FIIs increased their shareholding in Menon Bearings Ltd from 1.59% to 1.64% and SKF India Ltd from 6.48% to 6.52%. FIIs reduced their shareholding in Timken India Ltd from 4.30% to 3.95% and Schaeffler India Ltd from 4.81% to 4.40%.

DIIs increased their shareholding in Schaeffler India Ltd from 15.02% to 15.48%, Timken India Ltd from 11.97% to 12.20% and SKF India Ltd from 28.84% to 28.98%. Promoters increased their shareholding in Galaxy Bearings Ltd from 53.91% to 53.96%. Promoters reduced their shareholding in NRB Industrial Bearings Ltd from 73.85% to 73.62%.

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, SNL Bearings Ltd, Federal-Mogul Anand Bearings India Ltd, Precision Bearings Pvt Ltd, Texspin Bearings Ltd, NRB Industrial Bearings Ltd, Vishal Bearings Ltd, ILJin Automotive Pvt 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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