Bimetal Bearings financials

Chennai-headquartered manufacturer of thinwall engine bearings, bushings and thrust washers for auto and industrial IC engines, with a Japanese joint venture in bearing materials.

Market cap: ₹245 Cr
Sector: Automobile and Auto Components

What Bimetal Bearings does

Bimetal Bearings Limited manufactures thinwall bearings, bushings and thrust washers used in internal combustion engines (diesel, CNG, gasoline and hydrogen) supplied to both domestic and export automotive and engine customers. It runs three manufacturing plants — at Huzur Gardens, Sembiam (Chennai), Marudhamalai Road (Coimbatore) and Hosur-Krishnagiri Road (Hosur), all in Tamil Nadu. The company holds a 20% stake in BBL Daido Private Limited, a joint venture with Daido Metal Company Ltd of Japan, and was the first in the country to enter a JV for manufacturing polymer bushings. It is part of the Amalgamations Group and runs continuous in-house R&D on bearing/thrust-washer materials and friction-reduction technology.

Segments

Engine bearings, bushings & thrust washers
BBL Daido Private Limited (joint venture)

Manufacturing plants: 3 (Chennai – Huzur Gardens; Coimbatore; Hosur, Tamil Nadu)
Core products: Thinwall bearings, bushings, thrust washers, polymer bushings
Joint venture stake — BBL Daido Pvt Ltd: 20% (with Daido Metal Company Ltd, Japan)
Engine fuel compatibility: Diesel, CNG, Gasoline, Hydrogen
Market reach: Domestic and export markets
R&D focus: New bearing/thrust-washer materials, friction reduction, import substitution

Founded 1961Headquarters Chennai, Tamil Nadu Company website

Quarterly results

Q1 FY27: revenue up 11.0%, net profit down 7.1% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27
Revenue	63	54	64	72	67 +7%	64 +18%	94 +47%	80 +11%
Expenses	59	52	60	66	64	62	87	75
EBITDA	3	2	4	5	3 +6%	2 +0%	7 +85%	4 −20%
Margin	5%	4%	6%	8%	5%	3%	8%	5%
Other income	1	2	1	2	1	2	0	3
Interest	0	0	0	0	0	0	0	0
Depreciation	2	2	2	2	2	2	3	2
Profit before tax	2	2	3	5	3 +19%	2 +41%	5 +85%	5 −9%
Tax rate	17%	-63%	-1%	22%	30%	24%	22%	21%
Net profit	2	3	3	4	2 +1%	2 −35%	4 +44%	4 −7%
EPS	5.12	6.85	6.90	11.08	5.18	4.47	9.93	10.30

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −0.6% 1Y

1Y: ₹643.6 on 10 Sept 2025 → ₹640. High ₹714.4 (13 Jul 2026), low ₹509.2 (11 Mar 2026).

Financials, as filed

Revenue grew 9.0% a year over 3 years, FY23 to FY26. Operating margin narrowed to 6.2%.

Year ending	FY23	FY24	FY25	FY26
Revenue	₹229 Cr	₹234 Cr	₹239 Cr	₹297 Cr
Operating profit	₹16 Cr	₹12 Cr	₹14 Cr	₹18 Cr
Operating margin	6.9%	5.1%	5.9%	6.2%
Interest	₹1 Cr	₹1 Cr	₹1 Cr	₹0 Cr
Depreciation	₹7 Cr	₹7 Cr	₹8 Cr	₹8 Cr
Net profit	₹10 Cr	₹10 Cr	₹11 Cr	₹12 Cr
Net margin	4.2%	4.2%	4.7%	3.9%
Cash from operations	₹12 Cr	₹9 Cr	₹13 Cr	₹16 Cr
Free cash flow	₹2 Cr	₹2 Cr	₹3 Cr	₹2 Cr
ROCE	8.0%	6.0%	6.0%	7.0%

How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year ending	FY21	FY22	FY23	FY24	FY25	FY26
Equity capital	₹4 Cr	₹4 Cr	₹4 Cr	₹4 Cr	₹4 Cr	₹4 Cr
Reserves	₹183 Cr	₹191 Cr	₹201 Cr	₹215 Cr	₹220 Cr	₹225 Cr
Borrowings	₹5 Cr	₹6 Cr	₹9 Cr	₹9 Cr	₹1 Cr	₹4 Cr
Other liabilities	₹43 Cr	₹42 Cr	₹45 Cr	₹47 Cr	₹70 Cr	₹68 Cr
Total liabilities	₹234 Cr	₹243 Cr	₹259 Cr	₹275 Cr	₹295 Cr	₹301 Cr
Fixed assets	₹64 Cr	₹65 Cr	₹75 Cr	₹76 Cr	₹79 Cr	₹82 Cr
Capital work in progress	₹3 Cr	₹8 Cr	₹3 Cr	₹3 Cr	₹1 Cr	₹4 Cr
Investments	₹54 Cr	₹58 Cr	₹60 Cr	₹77 Cr	₹75 Cr	₹72 Cr
Other assets	₹113 Cr	₹112 Cr	₹120 Cr	₹119 Cr	₹139 Cr	₹142 Cr
Total assets	₹234 Cr	₹243 Cr	₹259 Cr	₹275 Cr	₹295 Cr	₹301 Cr

How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

The ownership split has held steady since Jun 2025. The shareholder count shrank 3% to 6,020.

Promoters: 74.9%
Public: 25.1%

Since Jun 2025

Promoters 0.00 pp
Public 0.00 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

Sita Venkataramani newly disclosed 0.00% held

The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Bimetal Bearings above SEBI's 1% disclosure line, and what changed since Mar 2026.

Holder	Stake	Change
Simpson And Company Ltd	49.00%	unchanged
Amalgamations Private Limited	25.33%	unchanged
Sethuvenkatraman N Mr	1.02%	unchanged
Sri Rama Vilas	0.33%	unchanged
India Pistons Limited	0.16%	unchanged
Associated Printers Madras Private Limited	0.05%	unchanged
Krishnamoorthy A	0.00%	unchanged
Sita Venkataramani	0.00%	newly disclosed

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Expensive

To justify its price of ₹640, this stock must grow earnings at 20% every year for 7 years. Our analysis caps realistic growth at ~7%. At that growth it is worth ₹317 — downside of 51%.

Growth the price implies: 19.9% a year; for 7 years, fading to 4%
It has actually compounded at: 6.6% a year; net profit, FY23–FY26 · EPS 6.6%
The gap: 0.1 pp; -51% downside if it only repeats history

Price today ₹640 Value at the reference growth ₹316.65

Change the assumptions yourself →

Learn to analyse Bimetal Bearings

Guides on how to read this kind of business and the numbers that matter.