Sector Trends     31-May-24
Sector
Bearings

Date: 30 May 2024

Bearings

Sector

Market Cap

No of Companies

Bearings

132741.17

13

 

NetWorth

8755.38

TTM Sales

13723.47

TTM Sales Var (%)

5.62

Debt

439.44

TTM OP

2258.11

TTM NP Var (%)

-1.26

Capital Employed

9313.68

TTM OPM (%)

19.77

EV/TM Sales

9.67

Net Block

3044.03

TTM PATM (%)

12.41

EV/TTM EBITDA

57.67

Current Assets

8062.74

Debt / Equity

0.05

P/E

77.97

ROCE (%)

76.76

RONW (%)

19.44

P/B

15.16

The above figures are in Rs. Crores as of 30 May 2024

TTM ended March 2024

30 May 2024

30 Apr 2023

30 Apr 2022

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

132741.17 89602.19 69942.42 48.15 89.79

Total Marketcap

41320481.71 26782077.7 25450971.93 54.28 62.35

Sector's share

0.32 0.33 0.27 -0.01 0.05

Sector No of companies

13 13 12 0 1

Total Listed companies

4628 4242 4089 386 539

Sector's share

0.28 0.31 0.29 -0.03 -0.01

Nifty 50

22488.65 22604.85 18534.4 -0.51 21.33

 

Gainers

Company Name
30/05/2024
30/04/2024
Var%
SKF India 5950.45 4620.75 28.78
Timken India 3993.70 3338.25 19.63
Schaeffler India 4351.75 3687.00 18.03
Galaxy Bearings 1491.50 1454.35 2.55
NRB Bearings 316.45 314.65 0.57

Losers

Company Name
30/05/2024
30/04/2024
Var%
Vishal Bearings 130.95 152.00 -13.85
Austin Engg Co 196.50 218.95 -10.25
Menon Bearings 119.00 130.05 -8.50
SNL Bearings 364.80 376.90 -3.21
Bimetal Bearings 627.90 648.55 -3.18

 

During the month of May 2024, Bearings sector’s Marketcap increased 48.15% to Rs 132741.17 crore, compared to 54.28% rise in total listed marketcap to Rs 41320481.71 crore.

Sector’s share of total listed marketcap moved to 0.32% in May 2024 from 0.33% in April 2023 and 0.27% in April 2022.


In terms of price appreciation in the sector, there were 5 gainers and 6 losers in the month of May 2024. The gainers accounted for 38.46% of sector companies, losers accounted for 46.15% of sector companies, while 2% remained unchanged.

The top 3 gainers were SKF India (28.78% gain), Timken India (19.63% gain) and Schaeffler India (18.03% gain).

The 3 losers at the bottom were Vishal Bearings (-13.85% fall), Austin Engg Co (-10.25% fall) and Menon Bearings (-8.50% fall).

During the month SKF India Ltd, Bimetal Bearings Ltd, Austin Engineering Company Ltd, Timken India Ltd, Menon Bearings Ltd, Galaxy Bearings Ltd, NRB Bearings Ltd, SNL Bearings Ltd, NRB Industrial Bearings Ltd and Vishal Bearings Ltd announced their results. Of these SKF India Ltd, Austin Engineering Company Ltd, Timken India Ltd, Galaxy Bearings Ltd, NRB Bearings Ltd and SNL Bearings Ltd reported rise in net profit attributable to shareholders. Companies like Menon Bearings Ltd and Bimetal Bearings Ltd reported fall in net profit attributable to shareholders.

Vishal Bearings Ltd reported profit to loss.

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 SKF India Ltd from 6.61% to 6.76%, Timken India Ltd from 7.13% to 7.20%, Galaxy Bearings Ltd from 0.00% to 0.06%, Menon Bearings Ltd from 0.54% to 0.56%, Schaeffler India Ltd from 4.35% to 4.38% and NRB Bearings Ltd from 14.31% to 14.33%. DIIs increased their shareholding in Timken India Ltd from 21.36% to 22.51%, Schaeffler India Ltd from 15.56% to 15.88% and SKF India Ltd from 28.68% to 28.81%. DIIs reduced their shareholding in NRB Bearings Ltd from 19.69% to 18.59%.

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, ZNL 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, Prime Cage 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, S K F Engineering & Lubrication India Pvt Ltd, Timken Engineering & Research-India Pvt Ltd and Mageba Bridge Products Pvt Ltd were updated in Capitaline.

 

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