Sector Trends     31-Dec-23
Sector
Bearings

Date: 29 Dec 2023

Bearings

Sector

Market Cap

No of Companies

Bearings

102897.45

13

 

NetWorth

3458.45

TTM Sales

13359.65

TTM Sales Var (%)

8.29

Debt

503.51

TTM OP

2260.04

TTM NP Var (%)

6.76

Capital Employed

4043.65

TTM OPM (%)

18.64

EV/TM Sales

7.70

Net Block

1150.03

TTM PATM (%)

11.46

EV/TTM EBITDA

45.29

Current Assets

3658.34

Debt / Equity

0.15

P/E

67.19

ROCE (%)

185.67

RONW (%)

44.28

P/B

29.75

The above figures are in Rs. Crores as of 29 Dec 2023

TTM ended September 2023

29 Dec 2023

30 Nov 2022

30 Nov 2021

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

102897.45 93175.91 61178.48 10.43 68.19

Total Marketcap

36621601.69 29126959.18 26743685.54 25.73 36.94

Sector's share

0.28 0.32 0.23 -0.04 0.05

Sector No of companies

13 13 12 0 1

Total Listed companies

4507 4206 4115 301 392

Sector's share

0.29 0.31 0.29 -0.02 0

Nifty 50

21731.4 20133.15 18105.3 7.94 20.03

 

Gainers

Company Name
29/12/2023
29/11/2023
Var%
NRB Indl Bearing 44.80 32.94 36.00
NRB Bearings 335.65 268.30 25.10
SNL Bearings 400.90 330.05 21.47
Schaeffler India 3202.20 2820.05 13.55
Timken India 3253.15 2933.00 10.92

 

During the month of December 2023, Bearings sector’s Marketcap increased 10.43% to Rs 102897.45 crore, compared to 25.73% rise in total listed marketcap to Rs 36621601.69 crore.

Sector’s share of total listed marketcap moved to 0.28% in December 2023 from 0.32% in November 2022 and 0.23% in November 2021.


In terms of price appreciation in the sector, there were 12 gainers and no losers in the month of Dec 2023. The gainers accounted for 92.31% of sector companies, losers accounted for 0.00% of sector companies, while 1% remained unchanged.

The top 3 gainers were NRB Indl Bearing (36.00% gain), NRB Bearings (25.10% gain) and SNL Bearings (21.47% gain).

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, Benara Bearings & Pistons 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, Benara Bearings & Pistons Ltd, Texspin Bearings Ltd, NRB Industrial Bearings Ltd, Ras Bearing Pvt Ltd, RMP Bearings Ltd, Kasuma Auto Engineering Pvt Ltd, Vishal Bearings Ltd, Omega Renk Bearings Pvt 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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