Date: 28 Jul 2023
Bearings
Sector |
Market Cap |
No of Companies |
Bearings |
101917.17 |
11 |
NetWorth |
2718.17 |
TTM Sales |
4942.66 |
TTM Sales Var (%) |
17.16 |
Debt |
150.46 |
TTM OP |
821.75 |
TTM NP Var (%) |
34.31 |
Capital Employed |
2924.43 |
TTM OPM (%) |
17.98 |
EV/TM Sales |
20.62 |
Net Block |
729.30 |
TTM PATM (%) |
11.32 |
EV/TTM EBITDA |
123.01 |
Current Assets |
2790.88 |
Debt / Equity |
0.06 |
P/E |
182.12 |
ROCE (%) |
109.26 |
RONW (%) |
20.59 |
P/B |
37.49 |
The above figures are in Rs. Crores as of 28 Jul 2023
TTM ended March 2023
|
28 Jul 2023 |
30 Jun 2022 |
30 Jun 2021 |
MoM Var. (%) |
YoY Var. (%) |
Sector Marketcap |
101917.17 |
72641.58 |
42765.84 |
40.3 |
138.31 |
Total Marketcap |
31036906.69 |
24485519.96 |
23749080.28 |
26.76 |
30.69 |
Sector's share |
0.33 |
0.3 |
0.18 |
0.03 |
0.15 |
Sector No of companies |
11 |
10 |
10 |
1 |
1 |
Total Listed companies |
4333 |
4108 |
4032 |
225 |
301 |
Sector's share |
0.25 |
0.24 |
0.25 |
0.01 |
0 |
Nifty 50 |
19646.05 |
19189.05 |
17158.25 |
2.38 |
14.5 |
Gainers |
| Company Name |
28/07/2023 |
28/06/2023 |
Var% |
| Vishal Bearings |
141.20 |
112.55 |
25.46 |
| Bimetal Bearings |
515.00 |
460.70 |
11.79 |
| SKF India |
5319.05 |
4990.00 |
6.59 |
| SNL Bearings |
353.25 |
332.50 |
6.24 |
| Austin Engg Co |
184.30 |
181.50 |
1.54 |
Losers |
| Company Name |
28/07/2023 |
28/06/2023 |
Var% |
| NRB Indl Bearing |
22.91 |
24.19 |
-5.29 |
| Menon Bearings |
133.40 |
137.35 |
-2.88 |
| Timken India |
3374.05 |
3403.30 |
-0.86 |
| Schaeffler India |
3080.30 |
3093.00 |
-0.41 |
During the month of July 2023, Bearings sector’s Marketcap increased 40.3% to Rs 101917.17 crore, compared to 26.76% rise in total listed marketcap to Rs 31036906.69 crore.
Sector’s share of total listed marketcap moved to 0.33% in July 2023 from 0.3% in June 2022 and 0.18% in June 2021.
In terms of price appreciation in the sector, there were 6 gainers and 4 losers in the month of Jul 2023. The gainers accounted for 54.55% of sector companies, losers accounted for 36.36% of sector companies, while 1% remained unchanged.
The top 3 gainers were Vishal Bearings (25.46% gain), Bimetal Bearings (11.79% gain) and SKF India (6.59% gain).
The 3 losers at the bottom were NRB Indl Bearing (-5.29% fall), Menon Bearings (-2.88% fall) and Timken India (-0.86% fall).
During the month Schaeffler India Ltd and Menon Bearings Ltd announced their results. Of these Schaeffler India Ltd reported rise in net profit attributable to shareholders. Companies like Menon Bearings Ltd reported fall in net profit attributable to shareholders.
Bimetal Bearings Ltd and Menon Bearings Ltd became ex-dividend.
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, SNL 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 3.95% to 6.56%. FIIs reduced their shareholding in SKF India Ltd from 6.52% to 6.42%, Schaeffler India Ltd from 4.40% to 4.04% and Menon Bearings Ltd from 1.64% to 1.00%.
DIIs increased their shareholding in Timken India Ltd from 12.20% to 17.72%, SKF India Ltd from 28.98% to 29.24% and Schaeffler India Ltd from 15.48% to 15.73%. Promoters increased their shareholding in Galaxy Bearings Ltd from 53.96% to 54.97% and NRB Industrial Bearings Ltd from 73.62% to 73.71%. Promoters reduced their shareholding in Menon Bearings Ltd from 71.25% to 70.18% and Timken India Ltd from 67.80% to 57.70%.
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, SNL Bearings Ltd, Federal-Mogul Anand Bearings India Ltd, ARB Bearings Ltd, Precision Bearings Pvt 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 and Pushp forgings Pvt Ltd were updated in Capitaline.
