Current price is less than the intrinsic value

Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Bimetal Bearings consolidated net profit rises 110.00% in the June 2022 quarter

Bimetal Bearings consolidated net profit declines 12.20% in the March 2022 quarter

Bimetal Bearings consolidated net profit declines 63.18% in the September 2021 quarter

Bimetal Bearings consolidated net profit declines 20.27% in the March 2021 quarter

Bimetal Bearings standalone net profit declines 23.28% in the March 2021 quarter

Bimetal Bearings reports consolidated net profit of Rs 2.62 crore in the December 2020 quarter

Bimetal Bearings Limited is engaged in the manufacturing of engine bearings, bushings, thrust washers, alloy powder and bimetallic strips. The Company supplies parts to original equipment manufacturer. It offers sintered copper alloy strips and aluminum alloy strips. Its engine bearings include plated and non-plated bearings in copper and aluminum-based alloy and connecting rod bearings. Its bushings include bimetallic and steel bushings, Conrod bushings, cam bushings, and rocker lever bushings. Its copper alloy powders include a range of water atomized copper and copper-based alloy powder for use in sintered bearing materials, sintered parts, and friction material. Its aluminum alloy strips include cladded aluminum alloy strips. It covers various automotive industries, such as Passenger cars, Tractors, Industrial engines and two wheelers. . The Company has manufacturing plants at Coimbatore, Hosur, Chennai (Sembiam and Thoraipakkam).

Bimetal Bearings Ltd

Bimetal Bearings Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Bimetal Bearings consolidated net profit rises 110.00% in the June 2022 quarter

Bimetal Bearings consolidated net profit declines 12.20% in the March 2022 quarter

Bimetal Bearings consolidated net profit declines 63.18% in the September 2021 quarter

Bimetal Bearings consolidated net profit declines 20.27% in the March 2021 quarter

Bimetal Bearings standalone net profit declines 23.28% in the March 2021 quarter

Bimetal Bearings reports consolidated net profit of Rs 2.62 crore in the December 2020 quarter

Bimetal Bearings Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Bimetal Bearings consolidated net profit rises 110.00% in the June 2022 quarter

Bimetal Bearings consolidated net profit declines 12.20% in the March 2022 quarter

Bimetal Bearings consolidated net profit declines 63.18% in the September 2021 quarter

Bimetal Bearings consolidated net profit declines 20.27% in the March 2021 quarter

Bimetal Bearings standalone net profit declines 23.28% in the March 2021 quarter

Bimetal Bearings reports consolidated net profit of Rs 2.62 crore in the December 2020 quarter

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock