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SNL Bearings

  • Market Cap: Micro Cap
  • Industry: Bearings
  • ISIN: INE568F01017
  • NSEID:
  • BSEID: 505827
INR
366.85
6.05 (1.68%)
BSENSE

Apr 11, 12:48 PM

BSE+NSE Vol: 456

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

456 (-54.25%) Volume

Shareholding (Sep 2024)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

74.39%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 6.75% and Operating profit at 13.65% over the last 5 years

 
2

Stock is technically in a Mildly Bearish range

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Bearings

stock-summary
Market cap

INR 130 Cr (Micro Cap)

stock-summary
P/E

13.00

stock-summary
Industry P/E

42

stock-summary
Dividend Yield

1.94%

stock-summary
Debt Equity

-0.52

stock-summary
Return on Equity

17.04%

stock-summary
Price to Book

2.19

Revenue and Profits (1 Year):
Net Sales:
12 Cr
(Quarterly Results - Dec 2024)
Net Profit:
3 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.94%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-16.62%
0%
-16.62%
1 Year
7.03%
1.87%
8.9%
2 Years
36.3%
4.69%
40.99%
3 Years
19.07%
7.65%
26.72%
4 Years
84.81%
12.56%
97.37%
5 Years
212.08%
20.08%
232.16%

Latest dividend: 7 per share ex-dividend date: Sep-11-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
6.75%
EBIT Growth (5y)
13.65%
EBIT to Interest (avg)
9.40
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.02
Tax Ratio
25.61%
Dividend Payout Ratio
32.31%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
34.44%
ROE (avg)
14.72%
Valuation key factors
Factor
Value
P/E Ratio
13
Industry P/E
42
Price to Book Value
2.19
EV to EBIT
8.88
EV to EBITDA
7.81
EV to Capital Employed
3.50
EV to Sales
2.03
PEG Ratio
0.33
Dividend Yield
1.94%
ROCE (Latest)
29.84%
ROE (Latest)
17.04%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Sep 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Nrb Bearings Ltd (73.45%)

Highest Public shareholder

None

Individual Investors Holdings

20.47%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -1.81% vs 4.27% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 13.23% vs -0.77% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "12.48",
          "val2": "12.71",
          "chgp": "-1.81%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3.57",
          "val2": "3.15",
          "chgp": "13.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "2.91",
          "val2": "2.57",
          "chgp": "13.23%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "28.61%",
          "val2": "24.78%",
          "chgp": "3.83%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 0.32% vs -1.59% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 35.79% vs -18.10% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "24.90",
          "val2": "24.82",
          "chgp": "0.32%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6.28",
          "val2": "4.97",
          "chgp": "26.36%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.01",
          "chgp": "-100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "5.16",
          "val2": "3.80",
          "chgp": "35.79%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "25.22%",
          "val2": "20.02%",
          "chgp": "5.20%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 3.17% vs -0.85% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 40.35% vs -13.66% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "37.38",
          "val2": "36.23",
          "chgp": "3.17%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "9.85",
          "val2": "7.50",
          "chgp": "31.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.01",
          "chgp": "-100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "8.07",
          "val2": "5.75",
          "chgp": "40.35%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "26.35%",
          "val2": "20.70%",
          "chgp": "5.65%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -0.38% vs 10.02% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -4.40% vs -7.36% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "47.69",
          "val2": "47.87",
          "chgp": "-0.38%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "10.35",
          "val2": "11.49",
          "chgp": "-9.92%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.01",
          "val2": "0.01",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "7.82",
          "val2": "8.18",
          "chgp": "-4.40%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "21.70%",
          "val2": "24.00%",
          "chgp": "-2.30%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
12.48
12.71
-1.81%
Operating Profit (PBDIT) excl Other Income
3.57
3.15
13.33%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
2.91
2.57
13.23%
Operating Profit Margin (Excl OI)
28.61%
24.78%
3.83%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -1.81% vs 4.27% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 13.23% vs -0.77% in Sep 2024

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
24.90
24.82
0.32%
Operating Profit (PBDIT) excl Other Income
6.28
4.97
26.36%
Interest
0.00
0.01
-100.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
5.16
3.80
35.79%
Operating Profit Margin (Excl OI)
25.22%
20.02%
5.20%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 0.32% vs -1.59% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 35.79% vs -18.10% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
37.38
36.23
3.17%
Operating Profit (PBDIT) excl Other Income
9.85
7.50
31.33%
Interest
0.00
0.01
-100.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
8.07
5.75
40.35%
Operating Profit Margin (Excl OI)
26.35%
20.70%
5.65%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 3.17% vs -0.85% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 40.35% vs -13.66% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
47.69
47.87
-0.38%
Operating Profit (PBDIT) excl Other Income
10.35
11.49
-9.92%
Interest
0.01
0.01
Exceptional Items
0.00
0.00
Standalone Net Profit
7.82
8.18
-4.40%
Operating Profit Margin (Excl OI)
21.70%
24.00%
-2.30%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -0.38% vs 10.02% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -4.40% vs -7.36% in Mar 2023

stock-summaryCompany CV
About SNL Bearings Ltd. stock-summary
stock-summary
SNL Bearings Ltd.
Micro Cap
Bearings
SNL Bearings Limited (Earlier known Shriram Needle Bearing Industries Limited) established in 1983, is engaged in the manufacture and marketing of antifriction bearing products. SNL was promoted by then the Shriram Group of Industries in technical collaboration with INA Germany. By virtue of being associated with INA, SNL got the opportunity to have one of the finest Technologies in the world in Needle Bearing manufacturing.
Company Coordinates stock-summary
Company Details
Dhannur 15 Sir P M Road, Fort Mumbai Maharashtra : 400001
stock-summary
Tel: 91-22-22663698
stock-summary
sc.rangani@nrbbearings.co.in
Registrar Details
Mondkar Computers Pvt Ltd , 21 Shakil Niwas , Opp. Satya Saibaba Temple, Mahakali Caves Road, Andheri (E), Mumbai