1. Is Bimetal Bearings Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Bimetal Bearings Ltd is a below average quality company.
2. Is Bimetal Bearings Ltd undervalued or overvalued?
The key valuation ratios of Bimetal Bearings Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Bimetal Bearings Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Bimetal Bearings Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||5%||2%||3.1%||3.2%||2.1%||5.4%||5%||0.7%||1.9%||1.5%||-|
|Value Creation Index ⓘ||-0.7||-0.9||-0.8||-0.8||-0.9||-0.6||-0.6||-1.0||-0.9||-0.9||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||-9.6%||7.7%||-10.6%||1.3%||26.6%||13.3%||-27.8%||6.3%||24.3%||-|
|Adj EPS ⓘ||16.6||6.3||10.1||11.5||8.2||23.3||22.9||2.9||7.8||6.8||19|
|YoY Gr. Rt. %||-||-62%||59.9%||14.5%||-29.1%||184.9%||-1.7%||-87.2%||166.6%||-13.4%||-|
|BVPS (₹) ⓘ||357.5||359.4||364.4||413.2||429||456.2||474.2||453.3||485.9||505.4||514.1|
|Adj Net Profit ⓘ||6.3||2.4||3.9||4.4||3.1||8.9||8.8||1.1||3||2.6||7|
|Cash Flow from Ops. ⓘ||8.3||20.1||-7.3||7.5||5.5||12.1||12.3||12.6||8.9||8.8||-|
|Debt/CF from Ops. ⓘ||0.2||0.1||0||0||0||0||0||0.3||0.5||0.6||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-9.5%||-3.7%||-33.4%||-13.4%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||4.7||1.8||2.8||3||1.9||5.3||4.9||0.6||1.7||1.4||3.7|
|Op. Profit Mgn % ⓘ||5.7||3.3||4.1||6.3||4||7.4||8.1||0.1||3||4.1||5.5|
|Net Profit Mgn % ⓘ||3.9||1.6||2.4||3.1||2.2||4.9||4.2||0.8||1.9||1.3||3.2|
|Debt to Equity ⓘ||0||0||0||0||0||0||0||0||0||0||0|
|Working Cap Days ⓘ||317||345||321||345||360||322||290||379||304||214||175|
|Cash Conv. Cycle ⓘ||154||152||138||146||133||118||119||158||141||115||105|
Return on Equity has increased versus last 3 years average to 3.70%
Sales growth is good in last 4 quarters at 16.75%
Sales growth has been subdued in last 3 years -1.55%
Net Profit has been subdued in last 3 years -33.41%
|TTM EPS (₹)||19||24.6|
|TTM Sales (₹ Cr.)||224||224|
|BVPS (₹.) ⓘ||514.1||522.9|
|Reserves (₹ Cr.) ⓘ||193||196|
|From the Market|
|52 Week Low / High (₹)||293.00 / 486.95|
|All Time Low / High (₹)||5.00 / 689.00|
|Market Cap (₹ Cr.)||184|
|Equity (₹ Cr.)||3.8|
|Face Value (₹)||10|
|Industry PE ⓘ||50.1|
Bimetal Bearings (BBL) was incorporated on April 19, 1961, promoted by India Pistons Ltd. with the technical collaboration of Clevite Corporation, USA and financial collaboration of Repco, Ltd., Australia, the company offers metallurgy and friction material, aluminium tin and non-plated copper lead bearings, Bushings and Thrust Washer 12 mm to 90mm dia, Sintered and Bonded Strips, Copper Lead Sintered Strips and sintered strips under the brand name Bimite.
Quality Management System (QMS) is introduced in Sintering Process, Bearing Lines, Aluminium Tin Bonding Lines, Alloy Powder Composition, to name a few. Modern & latest technological updates are continuously deployed in ensuring utmost quality of products resulting in customer delight.
Right from inception, BBL has been convinced that technology advantage would be the decisive differentiating factor that would give it a quantum jump over competition at the market place. Automated methods in production, Systems Approach to Zero Defect Supplies among others have always held BBL in good stead in turning out product ahead of market-demands and competition.
BBL has eminently positioned itself to be the first source for all new international vehicle models. BBL effectively uses a segmentation strategy to listen to its different categories of customers such as Fleet Operators, State Road Transport Undertakings, Defence Establishments and Export Markets.
The company had strategic tie-ups with international companies such as Miba of Austria for Transfer Lines Flange Manufacture , ACL of Australia for Overlay Plating and Daido of Japan for manufacturing, upgradation, special range of materials, indium plating and ahell casting.
BBL has eminently positioned itself to be the first source for all new international vehicle models. BBL effectively uses a segmentation strategy to listen to its different categories of customers such as fleet operators, state road transport undertakings, defence establishments and export markets.
The company enjoys a dominant market-share among all major OEMs in HCV/ LCV/MCV/MUV, cars, tractors, defence vehicles, railways and industrial engines. Major OEMâ€™s application catering / deployment include Mahindra & Mahindra ( International Harvester / AVL), TAFE (Massey Ferguson) , Simpsons (Perkins) , Maruti (Suzuki) , Ashok Leyland, Hyundai, Cummins, TELCO, Escorts & HM. It is a dedicated single source supplier to Hyundai Motors India. Its brand BIMITE is well-recognized in markets as far-flung as USA,UK,Germany, Italy, Austria, Croatia, and near-home markets as Dubai, Iran, Korea, SriLanka and Bangladesh.
The manufacturing infrastructure consists of a strip mill plant in Chennai with an installed capacity of 1,200 TPA, bearing plant at Coimbatore and Hosur producing 1.2 million half shells per month, and a thrust washer and bushing plant at Chennai with a capacity of 1 million pieces per month. The state-of-the-art R&D facilities are approved by Department of Scientific & Industrial Research, Government of India.
BBL has state-of-the-art R&D facilities approved by Department of Scientific & Industrial Research, Government of India. The R&D centre champions BBLâ€™s cause of constant innovation in its product-offerings. It is well-equipped to design, test and develop Bearings, Bushings & Thrust Washers.