Date: 30 Oct 2023
Bearings
Sector |
Market Cap |
No of Companies |
Bearings |
96463.5 |
12 |
NetWorth |
3386.17 |
TTM Sales |
13200.20 |
TTM Sales Var (%) |
10.65 |
Debt |
479.29 |
TTM OP |
2322.37 |
TTM NP Var (%) |
15.07 |
Capital Employed |
3949.68 |
TTM OPM (%) |
19.19 |
EV/TM Sales |
7.31 |
Net Block |
1108.34 |
TTM PATM (%) |
11.94 |
EV/TTM EBITDA |
41.29 |
Current Assets |
3550.11 |
Debt / Equity |
0.14 |
P/E |
61.22 |
ROCE (%) |
197.28 |
RONW (%) |
46.53 |
P/B |
28.49 |
The above figures are in Rs. Crores as of 30 Oct 2023
TTM ended June 2023
|
30 Oct 2023 |
30 Sep 2022 |
30 Sep 2021 |
MoM Var. (%) |
YoY Var. (%) |
Sector Marketcap |
96463.5 |
99609.91 |
53987.89 |
-3.16 |
78.68 |
Total Marketcap |
31296445.71 |
27317926.84 |
26175669.95 |
14.56 |
19.56 |
Sector's share |
0.31 |
0.36 |
0.21 |
-0.05 |
0.1 |
Sector No of companies |
12 |
12 |
11 |
0 |
1 |
Total Listed companies |
4442 |
4183 |
4061 |
259 |
381 |
Sector's share |
0.27 |
0.29 |
0.27 |
-0.02 |
0 |
Nifty 50 |
19140.9 |
19638.3 |
18012.2 |
-2.53 |
6.27 |
Gainers |
Company Name |
30/10/2023 |
29/09/2023 |
Var% |
Austin Engg Co |
200.40 |
160.55 |
24.82 |
Galaxy Bearings |
1514.90 |
1454.95 |
4.12 |
Menon Bearings |
146.80 |
142.40 |
3.09 |
Losers |
Company Name |
30/10/2023 |
29/09/2023 |
Var% |
Schaeffler India |
2868.85 |
3313.95 |
-13.43 |
Bimetal Bearings |
579.20 |
648.80 |
-10.73 |
SNL Bearings |
345.25 |
376.00 |
-8.18 |
NRB Bearings |
261.35 |
280.20 |
-6.73 |
NRB Indl Bearing |
31.46 |
32.98 |
-4.61 |
During the month of October 2023, Bearings sector’s Marketcap decreased -3.16% to Rs 96463.5 crore, compared to 14.56% rise in total listed marketcap to Rs 31296445.71 crore.
Sector’s share of total listed marketcap moved to 0.31% in October 2023 from 0.36% in September 2022 and 0.21% in September 2021.
In terms of price appreciation in the sector, there were 3 gainers and 8 losers in the month of Oct 2023. The gainers accounted for 25.00% of sector companies, losers accounted for 66.67% of sector companies, while 1% remained unchanged.
The top 3 gainers were Austin Engg Co (24.82% gain), Galaxy Bearings (4.12% gain) and Menon Bearings (3.09% gain).
The 3 losers at the bottom were Schaeffler India (-13.43% fall), Bimetal Bearings (-10.73% fall) and SNL Bearings (-8.18% fall).
During the month Schaeffler India Ltd announced their results. Of these Schaeffler India Ltd reported rise 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, NRB Industrial Bearings Ltd, Vishal Bearings Ltd and SKP Bearing Industries Ltd filed their shareholding patterns.
FIIs increased their shareholding in Schaeffler India Ltd from 4.04% to 4.52%, Timken India Ltd from 6.56% to 6.71% and SKF India Ltd from 6.42% to 6.46%. FIIs reduced their shareholding in Menon Bearings Ltd from 1.00% to 0.57% and NRB Bearings Ltd from 21.85% to 14.32%.
DIIs increased their shareholding in NRB Bearings Ltd from 11.18% to 19.48% and Timken India Ltd from 17.72% to 18.38%. DIIs reduced their shareholding in SKF India Ltd from 29.24% to 28.96% and Schaeffler India Ltd from 15.73% to 15.32%.
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, 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, Pushp forgings Pvt Ltd and Mageba Bridge Products Pvt Ltd were updated in Capitaline.