Sector Trends     30-Jun-23
Sector
Bearings

Date: 28 Jun 2023

Bearings

Sector

Market Cap

No of Companies

Bearings

100639.88

12

 

NetWorth

2718.17

TTM Sales

4942.66

TTM Sales Var (%)

17.16

Debt

150.46

TTM OP

821.86

TTM NP Var (%)

34.33

Capital Employed

2924.43

TTM OPM (%)

17.98

EV/TM Sales

20.36

Net Block

729.30

TTM PATM (%)

11.32

EV/TTM EBITDA

121.44

Current Assets

2790.88

Debt / Equity

0.06

P/E

179.80

ROCE (%)

109.28

RONW (%)

20.59

P/B

37.02

The above figures are in Rs. Crores as of 28 Jun 2023

TTM ended March 2023

28 Jun 2023

31 May 2022

31 May 2021

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

100639.88 72063.52 38790.15 39.65 159.45

Total Marketcap

29524642.18 25902235.69 23187668.68 13.98 27.33

Sector's share

0.34 0.28 0.17 0.06 0.17

Sector No of companies

12 11 11 1 1

Total Listed companies

4319 4108 4039 211 280

Sector's share

0.28 0.27 0.27 0.01 0.01

Nifty 50

18972.1 18534.4 15780.25 2.36 20.23

 

Gainers

Company Name
28/06/2023
26/05/2023
Var%
NRB Indl Bearing 24.19 18.41 31.40
SNL Bearings 332.50 264.65 25.64
Galaxy Bearings 1382.75 1139.10 21.39
SKF India 4990.00 4394.75 13.54
Schaeffler India 3093.00 2819.00 9.72

Losers

Company Name
28/06/2023
26/05/2023
Var%
Vishal Bearings 112.55 124.15 -9.34
Austin Engg Co 181.50 192.30 -5.62

 

During the month of June 2023, Bearings sector’s Marketcap increased 39.65% to Rs 100639.88 crore, compared to 13.98% rise in total listed marketcap to Rs 29524642.18 crore.

Sector’s share of total listed marketcap moved to 0.34% in June 2023 from 0.28% in May 2022 and 0.17% in May 2021.


In terms of price appreciation in the sector, there were 8 gainers and 2 losers in the month of Jun 2023. The gainers accounted for 66.67% of sector companies, losers accounted for 16.67% of sector companies, while 2% remained unchanged.

The top 3 gainers were NRB Indl Bearing (31.40% gain), SNL Bearings (25.64% gain) and Galaxy Bearings (21.39% gain).

The 2 losers at the bottom were Vishal Bearings (-9.34% fall) and Austin Engg Co (-5.62% fall).

SKF India Ltd became ex-dividend.

During the month SKF India Ltd, Bimetal Bearings Ltd, Schaeffler India Ltd, Austin Engineering Company Ltd, Timken India Ltd, Deccan Bearings 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 Menon Bearings Ltd from 1.59% to 1.64% and SKF India Ltd from 6.48% to 6.52%. FIIs reduced their shareholding in Timken India Ltd from 4.30% to 3.95% and Schaeffler India Ltd from 4.81% to 4.40%.

DIIs increased their shareholding in Schaeffler India Ltd from 15.02% to 15.48%, Timken India Ltd from 11.97% to 12.20% and SKF India Ltd from 28.84% to 28.98%. Promoters increased their shareholding in Galaxy Bearings Ltd from 53.91% to 53.96%. Promoters reduced their shareholding in NRB Industrial Bearings Ltd from 73.85% to 73.62%.

During the month Annual reports of SKF India Ltd, Bimetal Bearings Ltd, Schaeffler India Ltd, Austin Engineering Company Ltd, Timken India Ltd, Deccan Bearings Ltd, Menon Bearings Ltd, Galaxy Bearings Ltd, SNL Bearings Ltd, Federal-Mogul Anand Bearings India Ltd, Precision Bearings Pvt Ltd, Texspin Bearings Ltd, NRB Industrial Bearings Ltd, Vishal Bearings 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.

 

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