The 5-year analysis of Bimetal Bearings Ltd's performance infers:
We analysed the performance of Bimetal Bearings Ltd share prices over the last 10 years. Here is what we found out:
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)
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.