Sector Trends     31-Oct-23
Sector
Bearings

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.

 

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