Date: 30 Aug 2023
Bearings
Sector |
Market Cap |
No of Companies |
Bearings |
100707.39 |
11 |
NetWorth |
2718.17 |
TTM Sales |
5033.29 |
TTM Sales Var (%) |
8.85 |
Debt |
150.46 |
TTM OP |
839.82 |
TTM NP Var (%) |
22.70 |
Capital Employed |
2924.43 |
TTM OPM (%) |
18.30 |
EV/TM Sales |
20.01 |
Net Block |
729.30 |
TTM PATM (%) |
11.60 |
EV/TTM EBITDA |
118.93 |
Current Assets |
2790.88 |
Debt / Equity |
0.06 |
P/E |
172.41 |
ROCE (%) |
113.44 |
RONW (%) |
21.49 |
P/B |
37.05 |
The above figures are in Rs. Crores as of 30 Aug 2023
TTM ended June 2023
|
30 Aug 2023 |
31 Jul 2022 |
31 Jul 2021 |
MoM Var. (%) |
YoY Var. (%) |
Sector Marketcap |
100707.39 |
87991.72 |
48549.35 |
14.45 |
107.43 |
Total Marketcap |
31177469.34 |
26775436.18 |
25227672.24 |
16.44 |
23.58 |
Sector's share |
0.32 |
0.33 |
0.19 |
-0.01 |
0.13 |
Sector No of companies |
11 |
11 |
10 |
0 |
1 |
Total Listed companies |
4371 |
4101 |
4036 |
270 |
335 |
Sector's share |
0.25 |
0.27 |
0.25 |
-0.02 |
0 |
Nifty 50 |
19347.45 |
19753.8 |
17759.3 |
-2.06 |
8.94 |
Gainers |
| Company Name |
30/08/2023 |
28/07/2023 |
Var% |
| Vishal Bearings |
231.55 |
141.20 |
63.99 |
| Menon Bearings |
153.30 |
133.40 |
14.92 |
| Bimetal Bearings |
588.20 |
515.00 |
14.21 |
| NRB Indl Bearing |
25.48 |
22.91 |
11.22 |
| Galaxy Bearings |
1464.50 |
1385.65 |
5.69 |
Losers |
| Company Name |
30/08/2023 |
28/07/2023 |
Var% |
| Timken India |
3199.40 |
3374.05 |
-5.18 |
| Austin Engg Co |
175.45 |
184.30 |
-4.80 |
| SKF India |
5186.95 |
5319.05 |
-2.48 |
| SNL Bearings |
350.05 |
353.25 |
-0.91 |
During the month of August 2023, Bearings sector’s Marketcap increased 14.45% to Rs 100707.39 crore, compared to 16.44% rise in total listed marketcap to Rs 31177469.34 crore.
Sector’s share of total listed marketcap moved to 0.32% in August 2023 from 0.33% in July 2022 and 0.19% in July 2021.
In terms of price appreciation in the sector, there were 6 gainers and 4 losers in the month of Aug 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 (63.99% gain), Menon Bearings (14.92% gain) and Bimetal Bearings (14.21% gain).
The 3 losers at the bottom were Timken India (-5.18% fall), Austin Engg Co (-4.80% fall) and SKF India (-2.48% fall).
During the month SKF India Ltd, Bimetal Bearings Ltd, Austin Engineering Company Ltd, Timken India Ltd, Galaxy Bearings Ltd, SNL Bearings Ltd, NRB Industrial Bearings Ltd and Vishal Bearings Ltd announced their results. Of these SKF India Ltd, Bimetal Bearings Ltd, Austin Engineering Company Ltd and Galaxy Bearings Ltd reported rise in net profit attributable to shareholders. Companies like Timken India Ltd and SNL Bearings Ltd reported fall in net profit attributable to shareholders.
Companies like Vishal Bearings Ltd reported loss to profit
Timken India 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.
