Date: 29 Sep 2023
Bearings
Sector |
Market Cap |
No of Companies |
Bearings |
105372.76 |
12 |
NetWorth |
3386.17 |
TTM Sales |
6126.36 |
TTM Sales Var (%) |
9.36 |
Debt |
479.29 |
TTM OP |
1001.48 |
TTM NP Var (%) |
19.75 |
Capital Employed |
3949.68 |
TTM OPM (%) |
18.07 |
EV/TM Sales |
17.20 |
Net Block |
1108.34 |
TTM PATM (%) |
10.98 |
EV/TTM EBITDA |
104.63 |
Current Assets |
3550.11 |
Debt / Equity |
0.14 |
P/E |
156.64 |
ROCE (%) |
87.68 |
RONW (%) |
19.87 |
P/B |
31.12 |
The above figures are in Rs. Crores as of 29 Sep 2023
TTM ended June 2023
|
29 Sep 2023 |
31 Aug 2022 |
31 Aug 2021 |
MoM Var. (%) |
YoY Var. (%) |
Sector Marketcap |
105372.76 |
97262.25 |
52465.88 |
8.34 |
100.84 |
Total Marketcap |
32073208.11 |
28153731.53 |
26224238.3 |
13.92 |
22.3 |
Sector's share |
0.33 |
0.35 |
0.2 |
-0.02 |
0.13 |
Sector No of companies |
12 |
12 |
11 |
0 |
1 |
Total Listed companies |
4410 |
4144 |
4017 |
266 |
393 |
Sector's share |
0.27 |
0.29 |
0.27 |
-0.02 |
0 |
Nifty 50 |
19638.3 |
19253.8 |
17094.35 |
2 |
14.88 |
Gainers |
| Company Name |
29/09/2023 |
29/08/2023 |
Var% |
| NRB Indl Bearing |
32.98 |
24.99 |
31.97 |
| Bimetal Bearings |
648.80 |
578.40 |
12.17 |
| Schaeffler India |
3313.95 |
3076.15 |
7.73 |
| SNL Bearings |
376.00 |
350.30 |
7.34 |
| NRB Bearings |
280.20 |
264.15 |
6.08 |
Losers |
| Company Name |
29/09/2023 |
29/08/2023 |
Var% |
| Austin Engg Co |
160.55 |
170.30 |
-5.73 |
| Vishal Bearings |
210.25 |
220.55 |
-4.67 |
| Timken India |
3093.85 |
3189.00 |
-2.98 |
| Menon Bearings |
142.40 |
145.50 |
-2.13 |
During the month of September 2023, Bearings sector’s Marketcap increased 8.34% to Rs 105372.76 crore, compared to 13.92% rise in total listed marketcap to Rs 32073208.11 crore.
Sector’s share of total listed marketcap moved to 0.33% in September 2023 from 0.35% in August 2022 and 0.2% in August 2021.
In terms of price appreciation in the sector, there were 7 gainers and 4 losers in the month of Sep 2023. The gainers accounted for 58.33% of sector companies, losers accounted for 33.33% of sector companies, while 1% remained unchanged.
The top 3 gainers were NRB Indl Bearing (31.97% gain), Bimetal Bearings (12.17% gain) and Schaeffler India (7.73% gain).
The 3 losers at the bottom were Austin Engg Co (-5.73% fall), Vishal Bearings (-4.67% fall) and Timken India (-2.98% fall).
NRB Bearings Ltd and SNL Bearings 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, 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 Timken India Ltd from 3.95% to 6.56% and NRB Bearings Ltd from 21.29% to 21.85%. 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%. DIIs reduced their shareholding in NRB Bearings Ltd from 11.49% to 11.18%.
Promoters increased their shareholding in Galaxy Bearings Ltd from 53.96% to 54.97%, NRB Bearings Ltd from 50.11% to 50.24% 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, NRB 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.
