Bimetal Bearings
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Bimetal Bearings received a BSE notice imposing a ₹51,920 fine, including GST, for late submission of its corporate-governance compliance report under Regulation 27(2) for the June 2026 quarter. The company said it had taken corrective measures, would pay within the prescribed period and planned to seek a waiver. The exchange said the fine would continue until rectification and warned that non-payment could lead to freezing promoter demat holdings, while a second consecutive quarter of non-compliance under specified regulations could result in transfer to the Z group and suspension of trading. The company had also incurred a separate ₹64,900 BSE fine in August for June 2026 breaches involving the shareholder-complaints statement and qualified compliance officer requirement.
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Bimetal Bearings received a BSE notice imposing a ₹51,920 fine, including GST, for late submission of its corporate-governance compliance report under Regulation 27(2) for the June 2026 quarter. The company said it had taken corrective measures, would pay within the prescribed period and planned to seek a waiver. The exchange said the fine would continue until rectification and warned that non-payment could lead to freezing promoter demat holdings, while a second consecutive quarter of non-compliance under specified regulations could result in transfer to the Z group and suspension of trading. The company had also incurred a separate ₹64,900 BSE fine in August for June 2026 breaches involving the shareholder-complaints statement and qualified compliance officer requirement.
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March 6 (Reuters) - Bimetal Bearings Ltd BMTL.BO:
BIMETAL BEARINGS - TO ENTER INTO BATTERY PACK SYSTEMS, ASSOCIATED TECHNOLOGIES AT ITS MANUFACTURING UNIT AT COIMBATORE
BIMETAL BEARINGS LTD - TO CONSOLIDATE ITS BEARING OPERATIONS
Source text for Eikon: ID:nBSE8KkZSQ
Further company coverage: BMTL.BO
(([email protected];))
March 6 (Reuters) - Bimetal Bearings Ltd BMTL.BO:
BIMETAL BEARINGS - TO ENTER INTO BATTERY PACK SYSTEMS, ASSOCIATED TECHNOLOGIES AT ITS MANUFACTURING UNIT AT COIMBATORE
BIMETAL BEARINGS LTD - TO CONSOLIDATE ITS BEARING OPERATIONS
Source text for Eikon: ID:nBSE8KkZSQ
Further company coverage: BMTL.BO
(([email protected];))
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What does Bimetal Bearings do?
Bimetal Bearings Limited, a part of the Amalgamations group, is a top Indian manufacturer of Engine Bearings, Bushings, and Bimetallic Strips serving automotive, defense, and railway sectors.
Who are the competitors of Bimetal Bearings?
Bimetal Bearings major competitors are SKP Bearing Inds., Galaxy Bearings, SNL Bearings, Menon Bearings, Harsha Engineers Int, Rolex Rings, NRB Bearings. Market Cap of Bimetal Bearings is ₹252 Crs. While the median market cap of its peers are ₹1,708 Crs.
Is Bimetal Bearings financially stable compared to its competitors?
Bimetal Bearings seems to be less financially stable compared to its competitors. Altman Z score of Bimetal Bearings is 4.08 and is ranked 7 out of its 8 competitors.
Does Bimetal Bearings pay decent dividends?
The company seems to pay a good stable dividend. Bimetal Bearings latest dividend payout ratio is 44.06% and 3yr average dividend payout ratio is 45.07%
How has Bimetal Bearings allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory, Short Term Loans & Advances
How strong is Bimetal Bearings balance sheet?
Balance sheet of Bimetal Bearings is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Bimetal Bearings improving?
The profit is oscillating. The profit of Bimetal Bearings is ₹9.37 Crs for TTM, ₹11.72 Crs for Mar 2026 and ₹11.25 Crs for Mar 2025.
Is the debt of Bimetal Bearings increasing or decreasing?
The net debt of Bimetal Bearings is decreasing. Latest net debt of Bimetal Bearings is -₹2.36 Crs as of Mar-26. This is less than Mar-25 when it was ₹1.73 Crs.
Is Bimetal Bearings stock expensive?
Bimetal Bearings is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Bimetal Bearings is 22.1, while 3 year average PE is 21.53. Also latest EV/EBITDA of Bimetal Bearings is 14.58 while 3yr average is 15.62.
Has the share price of Bimetal Bearings grown faster than its competition?
Bimetal Bearings has given lower returns compared to its competitors. Bimetal Bearings has grown at ~-1.72% over the last 3yrs while peers have grown at a median rate of 1.0%
Is the promoter bullish about Bimetal Bearings?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Bimetal Bearings is 74.88% and last quarter promoter holding is 74.88%.
Are mutual funds buying/selling Bimetal Bearings?
There is Insufficient data to gauge this.