Bimetal Bearings Limited

Company Profile

Bimetal Bearings Limited had its IPO on under the ticker symbol 505681.

The company operates in the Other sector and Other industry. Bimetal Bearings Limited has a staff strength of 415 employees.

Stock update

Shares of Bimetal Bearings Limited opened at ₹701.05 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹657.1 - ₹729.9, and closed at ₹664.25.

This is a -6.25% slip from the previous day's closing price.

A total volume of 5,900 shares were traded at the close of the day’s session.

In the last one week, shares of Bimetal Bearings Limited have increased by +0.49%.

Bimetal Bearings Limited's Key Ratios

Bimetal Bearings Limited has a market cap of ₹958.93 million, indicating a price to book ratio of 0.6129 and a price to sales ratio of 0.9391.

In the last 12-months Bimetal Bearings Limited’s revenue was ₹1.20 billion with a gross profit of ₹668.36 million and an EBITDA of ₹412000. The EBITDA ratio measures Bimetal Bearings Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Bimetal Bearings Limited’s operating margin was -3.9% while its return on assets stood at -1.41% with a return of equity of 0.83%.

In Q3, Bimetal Bearings Limited’s quarterly earnings growth was a positive 0% while revenue growth was a positive 5.7%.

Bimetal Bearings Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

105.9364

PEG

Its diluted EPS in the last 12-months stands at ₹3.777 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Bimetal Bearings Limited’s profitability.

Bimetal Bearings Limited stock is trading at a EV to sales ratio of 0.908 and a EV to EBITDA ratio of 143.0017. Its price to sales ratio in the trailing 12-months stood at 0.9391.

Bimetal Bearings Limited stock pays annual dividends of ₹7 per share, indicating a yield of 2.51% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

₹2.59 billion

Total Liabilities

₹413.27 million

Operating Cash Flow

₹-67399000.00

Capital Expenditure

₹95.82 million

Dividend Payout Ratio

0%

Bimetal Bearings Limited ended 2024 with ₹2.59 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹2.59 billion while shareholder equity stood at ₹2.04 billion.

Bimetal Bearings Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹413.27 million in other current liabilities, 38250000.00 in common stock, ₹2.01 billion in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹16.24 million and cash and short-term investments were ₹158.21 million. The company’s total short-term debt was ₹51,694,000 while long-term debt stood at ₹0.

Bimetal Bearings Limited’s total current assets stands at ₹1.21 billion while long-term investments were ₹0 and short-term investments were ₹133.42 million. Its net receivables were ₹489.44 million compared to accounts payable of ₹0 and inventory worth ₹528.19 million.

In 2024, Bimetal Bearings Limited's operating cash flow was ₹-67399000.00 while its capital expenditure stood at ₹95.82 million.

Comparatively, Bimetal Bearings Limited paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price

₹664.25

52-Week High

₹599.95

52-Week Low

₹353.2737

Analyst Target Price

₹

Bimetal Bearings Limited stock is currently trading at ₹664.25 per share. It touched a 52-week high of ₹599.95 and a 52-week low of ₹599.95. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹554.21 and 200-day moving average was ₹451.07 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 7536.4% of the company’s stock are held by insiders while 0% are held by institutions.