ABC Bearings Ltd. - (Amalgamated) - Stock Valuation and Financial Performance

BSE: 505665 | NSE: ANTFRIBEAR | Bearings | Small Cap

BSE Share Price
Not Listed

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ABC Bearings Ltd. - (Amalgamated) stock performance -

mw4me loader
P/E Ratio (SA):
30.17
Market Cap:
505.5 Cr.
52-wk low:
425
52-wk high:
444

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

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3. Is a good buy now?

No data found

10 Year X-Ray of ABC Bearings-(Amalga:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide

Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17TTM
ROCE % 20%12.4%16.3%24.4%10.2%4.1%2.6%4.1%5.3%7.5%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 166134160203177149141163180190207
Sales YoY Gr.--19.3%19.8%26.8%-13%-15.5%-5.7%15.4%10.4%5.6%-
Adj EPS 16.26.114.524.112.74.51.83.74.88.314.5
YoY Gr.--62.3%135.7%66.8%-47.2%-64.5%-59.3%99.5%29.4%74.3%-
BVPS (₹) 636678.696.1103.6105.2106.9107.6109.9120.2131.4
Adj Net
Profit
18.87.116.727.814.75.22.14.25.59.617
Cash Flow from Ops. 30.5-9.751.727.12547.425.311.644.520.5-
Debt/CF from Ops. 1.2-5.50.10.921.42.77.51.31.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1.5%1.4%10.4%5.6%
Adj EPS -7.2%-8.2%65.1%74.3%
BVPS7.4%3%4%9.3%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17TTM
Return on
Equity %
27.79.52027.612.74.31.73.44.47.211.5
Op. Profit
Mgn %
21.718.317.122.416.512.911.813.415.116.417.4
Net Profit
Mgn %
11.35.310.413.78.33.51.52.63.158.1
Debt to
Equity
0.50.70.10.20.40.60.60.70.50.2-
Working Cap
Days
15821417713016819418716814212359
Cash Conv.
Cycle
96145120719699847347429

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - ABC Bearings Ltd. - (Amalgamated)

Standalone Consolidated
TTM EPS (₹) 14.5 -
TTM Sales (₹ Cr.) 207 -
BVPS (₹.) 131.4 -
Reserves (₹ Cr.) 140 -
P/BV 3.33 -
PE 30.17 -
From the Market
52 Week Low / High (₹) 425.00 / 444.00
All Time Low / High (₹) 3.00 / 568.90
Market Cap (₹ Cr.) 505
Equity (₹ Cr.) 11.6
Face Value (₹) 10
Industry PE 57.8

Management X-Ray of ABC Bearings-(Amalga:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

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Analyst's Notes

Key Ratios of ABC Bearings-(Amalga

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17
Sales165.91133.86160.34203.37176.91149.47140.98162.73179.64189.77
Operating Expenses 129.88109.53132.92157.76147.65130.19124.51140.95152.62158.82
Manufacturing Costs22.3619.4219.5923.3227.1922.2221.0825.6825.1528.37
Material Costs80.0365.3684.70101.8786.3172.1071.1880.3588.8389.24
Employee Cost 11.929.228.6615.7418.6621.3817.9118.8920.8721.71
Other Costs 15.5715.5419.9616.8315.4914.4914.3316.0317.7719.49
Operating Profit 36.0324.3327.4245.6129.2619.2816.4721.7827.0230.95
Operating Profit Margin (%) 21.7%18.2%17.1%22.4%16.5%12.9%11.7%13.4%15.0%16.3%
Other Income 2.432.625.041.161.020.240.700.600.860.93
Interest 3.1810.952.220.541.443.154.025.856.985.13
Depreciation 6.845.044.234.206.478.569.8911.7212.5112.58
Exceptional Items -4.06-0.6350003.74003.50
Profit Before Tax 24.3710.3331.0242.0422.377.817.014.818.3817.67
Tax 8.463.7510.4713.777.032.512.380.632.905.83
Profit After Tax 15.926.5820.5428.2715.345.304.634.185.4811.85
PAT Margin (%) 9.6%4.9%12.8%13.9%8.7%3.5%3.3%2.6%3.1%6.2%
Adjusted EPS (₹)13.85.717.824.513.34.64.03.64.710.3
Dividend Payout Ratio (%)29%35%25%25%38%54%50%55%42%20%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17

Equity and Liabilities

Shareholders Fund 72.8076.2890.76110.97119.61121.53123.46124.26126.96138.81
Share Capital 11.5511.5511.5511.5511.5511.5511.5511.5511.5511.55
Reserves 61.2564.7379.2199.42108.06109.98111.91112.71115.41127.26
Minority Interest0000000000
Debt35.9052.924.5719.0141.6351.1558.8473.7643.2025.80
Long Term Debt35.9052.924.5714.0815.1326.1336.8738.1025.766.53
Short Term Debt0004.9426.5025.0121.9735.6617.4319.27
Trade Payables15.8412.7416.9916.5514.3715.9317.6528.1126.1523.62
Others Liabilities 20.5913.7020.5133.8935.1446.4941.8045.5249.2639.14
Total Liabilities 145.13155.64132.83180.43210.75235.10241.75271.65245.57227.36

Fixed Assets

Gross Block120.83123.78130.11168.37192.10230.35249.12290.42297.42297.11
Accumulated Depreciation82.0886.7990.8293.4199.51107.24115.24127.40139.69149.56
Net Fixed Assets38.7436.9939.2974.9692.59123.10133.88163.02157.73147.55
CWIP 0.242.684.265.6110.9714.9116.336.683.373.07
Investments 12.7212.5012.5012.5012.5012.5012.5012.5012.500
Inventories31.6956.3731.9121.9143.7441.2931.7947.6229.8831.23
Trade Receivables39.4131.1736.2749.5723.8220.0122.0724.3823.5627.63
Cash Equivalents 11.438.942.492.851.331.091.162.113.463.39
Others Assets10.906.996.1113.0325.7822.1924.0215.3515.0714.50
Total Assets 145.13155.64132.83180.43210.75235.10241.75271.65245.57227.36

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17
Cash Flow From Operating Activity 30.49-9.7251.7427.0625.0447.4425.3211.5544.4720.51
PBT 24.3710.3331.0242.0422.377.817.014.818.3817.67
Adjustment 13.6015.580.013.177.2911.3613.8317.4519.2814.40
Changes in Working Capital 7.45-20.126.51-6.712.0729.676.13-9.2618.21-7.4
Tax Paid -11.72-4.74-9.83-10.96-6.69-1.40-1.65-1.45-1.41-4.16
Cash Flow From Investing Activity -19.46-3.20-7.28-42.53-40.43-42.25-19.75-19.04-2.1214.34
Capex -7.60-4.36-7.72-42.95-40.49-42.38-19.97-19.24-2.53-1.94
Net Investments -12.500.1300.310000016
Others 0.651.030.440.110.060.120.220.210.410.28
Cash Flow From Financing Activity -7.9010.43-50.9015.8413.87-5.42-5.498.43-40.99-34.93
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000-1.37-3.14-4.02-5.87-7.05-5.06
Dividend Paid -4.57-4.57-2.27-5.14-6.87-5.75-2.89-2.31-2.31-2.31
Others -3.3215-48.6320.9822.103.471.4116.61-31.63-27.56
Net Cash Flow 3.14-2.49-6.450.36-1.52-0.240.070.951.35-0.07
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17
Ratios
ROE (%)24.268.8224.628.0213.314.43.783.384.368.92
ROCE (%)26.8117.8929.636.7515.526.095.785.287.7712.95
Asset Turnover Ratio1.3711.211.430.990.750.660.70.780.89
PAT to CFO Conversion(x)1.92-1.482.520.961.638.955.472.768.111.73
Working Capital Days
Receivable Days77867170694849474444
Inventory Days621079344629385817053
Payable Days67806460657786104111102

ABC Bearings Ltd. - (Amalgamated) Stock News

ABC Bearings Ltd. - (Amalgamated) FAQs

Company share prices are keep on changing according to the market conditions. The closing price of ABC Bearings-(Amalga on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of ABC Bearings-(Amalga stood at ₹505.5.
The latest P/E ratio of ABC Bearings-(Amalga as of 01-Jan-1970 05:30 is 30.17.
The latest P/B ratio of ABC Bearings-(Amalga as of 01-Jan-1970 05:30 is 3.33.
The 52-week high of ABC Bearings-(Amalga is ₹444.0 and the 52-week low is ₹425.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of ABC Bearings-(Amalga is ₹206.6 ( Cr.) .

About ABC Bearings Ltd. - (Amalgamated)

ABC Bearings, incorporated in 1961, is engaged in business of tapered roller bearings and cylindrical roller bearings. The company was established in a technical collaboration with Steyr Diamler Puch, Austria under the name Antifriction Bearing Corporation. The company started its operations by manufacturing thrust bearings.

ABC Bearing’s manufacturing facilities are located at Lonavla in Maharashtra and Bharuch in Gujarat. These facilities are well equipped with various measuring instruments such as surfcom 120a / 480a, talysurf 10, talyrond 100, contour graph, profile projector, ECT hardness checker, waviness meter, anderon meter, universal microscope, backward integration life testing and inspection facility.

The company has sourced technologies for these manufacturing units from BWF-Germany and Famir-Italy. Company has also collaborated with NSK of Japan who is one of the largest bearing manufacturers in the world. These facilities are well equipped.

Milestones

1961- Antifriction Bearing Corporation was incorporated in collaboration with Steyr Diamler Puch AG, Austria

1966- The company widened its product portfolio by manufacturing taper and cylindrical roller bearings.

1980- The company established a manufacturing plant for manufacturing of taper roller bearings located at Bharuch.

1981- ABC Bearings promoted a ring manufacturing company -- MIPCO -- at Bharuch.

1996-The company installed cylindrical roller bearings in collaboration with IZUMI, Japan.

1998-It entered into a technical alliance with NSK, Japan.

2002- The name of the company was rechristened as ABC Bearings

2005- The company implemented SAP ERP system in all offices. Manufacturing capacity of its Lonavala plant was expanded.

2006- The company expanded capacity of its taper and cylindrical roller bearing. 

2007- ABC Bearings received ISO 14001 certification for its quality management. It formed a joint venture company with NSK of Japan to form NSK-ABC Bearings, which is located at Chennai.

Future Plans

In order to provide better products and services ABC Bearings is eyeing alliances with various other companies.

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