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SNL Bearings

505827
Micro Cap
(%) 1D
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SNL Bearings Share price and Fundamental Analysis

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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. It became associated with India's most progressive business group in the field in June 2000 when the Holding Company, NRB Bearings Limited took over the management of the unit.
Company Incorporation1979
ChairmanHarshbeena S Zhaveri
Head QuartersNA
Previous NameNA

Key Metrics

Market Cap (Cr)
138.26
PE Ratio
12.73
Industry P/E
16.78
PEG Ratio
0.33
ROE
16.01%
ROCE
20.84%
ROA
14.49%
Total Debt (Cr)
0.07
Debt to Equity
0
Dividend Yield
2.09%
EPS
30.08
Book Value & P/B
187.92 x 2.04
Face Value
10
Outstanding Shares(Cr)
0.36
Current Ratio
10.68
EV to Sales
2.68

Stock Returns

1 Week-0.53%
1 Month+5.52%
6 Months-8.91%
1 Year+7.01%
3 Years+46.41%
5 Years+194.84%

CAGR

1 Year CAGR

Revenue Growth

-0.38%

Net Profit Growth

-4.4%

Operating Profit Growth

-2.76%

Dividend Growth

+7.69%

Stock Returns CAGR

+7.01%
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Mar 25

Promoters : 74.39%

FIIs : 0.00%

DIIs : 0.00%

Public : 25.60%

Promoter
FII/FPI
DII
Public
Promoter Pledge stands at 0.0% of holding in March 2025 Qtr

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ROE

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ROCE

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ROA

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Dividend History

SNL Bearings Competitors

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SNL Bearings Management and History

Company Management

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Company History

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. It became associated with India's most progressive business group in the field in June 2000 when the Holding Company, NRB Bearings Limited took over the management of the unit.

SNL is only manufacturer of needle roller bearings in Eastern India, at Ranchi. The Company operates in the anti-friction bearing industry and major user industrial of anti-friction bearings are automobiles, general engineering, railways, electrical equipment manufactures etc. It manufactures mostly needle bearing products and operates in markets such as Automotive OEMs, After Market and Exports.

Stabilisation of production system, de-bottleneck in some of the existing product lines and development of new products have resulted in a remarkable uptrend in the performance of the Company in 1994-95.

According to a BIFR order, interest due to financial institutions was converted into equity at par with effect from 1 Apr.'93. The company again became a subsidiary of SRF in 1994-95. Upon further conversion of loan into equity shares by financial institutions, the percentage of shareholding of SRF and its subsidiaries fell below 50% and SNBL ceased to be a subsidiary of SRF with effect from May 30, 1996. It got de-listed from BIFR with effect from June 18, 1996 consequent upon the net worth becoming positive and losses being wiped out.

SNBL currently exports to customers in USA, Europe and SE Asia. The company is planning a major expansion-cum-diversification at Noida. The first production line is being commissioned at Noida, UP. It has obtained approval for renewal of technical collaboration with Industriewerk Schaeffler INA - Ingenieurdienst GmbH, Germany, upto 31.03.2000.

During the year 2000-01 the company has faced slump in its offtakes from the automotive industry particularly the two wheeler,commercial vehicles and tractor segments,which experienced a slowdown in demand from the final consumers.

Effective 01.06.2000 there was a change in management with the earlier promoters namely SRF LTD and their associate companies having sold their entire shareholding in the company comprising 16,53,493 shares constituting 45.78% of the company's paid up equity capital to NRB Bearings Ltd., the new promoters of the company. The shareholding of NRB Bearings in the company's paid up equity capital is 63.98% and as such the company became a subsidiary of NRB Bearings Ltd., w.e.f. 01.06.2000.

SNL Bearings Share Price

SNL Bearings share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.

SNL Bearings Market Cap

Market capitalization of SNL Bearings indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how SNL Bearings is valued compared to its competitors.

SNL Bearings PE Ratio

SNL Bearings PE ratio helps investors understand what is the market value of each stock compared to SNL Bearings 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.

SNL Bearings PEG Ratio

The PEG ratio of SNL Bearings evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.

SNL Bearings ROE (Return on Equity)

Return on Equity (ROE) measures how effectively SNL Bearings generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.

SNL Bearings ROCE (Return on Capital Employed)

Return on Capital Employed (ROCE) evaluates the profitability of SNL Bearings in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.

SNL Bearings Total Debt

Total debt of SNL Bearings shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.

SNL Bearings Debt to Equity Ratio

The Debt-to-Equity (DE) ratio of SNL Bearings compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.

SNL Bearings CAGR (Compound Annual Growth Rate)

CAGR shows the consistent growth rate of SNL Bearings over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.

SNL Bearings Technical Analysis

Technical analysis of SNL Bearings helps investors get an insight into when they can enter or exit the stock. Key components of SNL Bearings Technical Analysis include:

Support Levels (S1, S2, S3)

There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.

Resistance Levels (R1, R2, R3)

There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where SNL Bearings shares often struggle to rise above due to selling pressure.

SNL Bearings Dividends

Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect SNL Bearings ’s financial health and profitability.

SNL Bearings Bonus Shares

Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.

SNL Bearings Stock Split

Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.

SNL Bearings Financials

The financials of SNL Bearings provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.

SNL Bearings Profit and Loss Statements

The profit and loss statement of SNL Bearings highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of SNL Bearings .

SNL Bearings Balance Sheet

The balance sheet presents a snapshot of SNL Bearings ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.

SNL Bearings Cashflow Statements

Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.

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