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Bimetal Bearings Ltd (505681)

📊 BSE: 505681 🏢 Auto Components & Equipments 📢 Latest filing: 27 Aug 2026 📝 Analysis written: 13 Nov 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Bimetal Bearings' revenue was ₹79.5 Cr (+11.0% year on year, -15.6% on the previous quarter), and net profit ₹3.9 Cr (-7.1% year on year); the operating margin was 5.4%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹79.5	+11.0%	-15.6%
Operating profit	₹4.3	-19.8%	-41.7%
Net profit	₹3.9	-7.1%	+3.7%
EPS (₹)	10.30	-7.0%	+3.7%
Operating margin	5.4%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

BSE Imposes ₹51,920 Fine on Bimetal Bearings for Late Filing of Corporate Governance Report

🟡 NEUTRAL ⭐ 2/10

REGULATORY 📅 27 Aug 2026, 05:15 PM

Bimetal Bearings Limited received a notice from BSE Limited dated August 25, 2026, imposing a fine of ₹51,920 (inclusive of 18% GST) under SEBI LODR Regulation 27(2). The fine consists of a basic penalty of ₹44,000 and GST of ₹7,920 for late submission of the Corporate Governance compliance report for the quarter ended June 2026. The company confirmed it will pay the penalty within the prescribed 15-day period while submitting a waiver application with supporting documents. Given the company's TTM revenue of ₹305 Cr and net profit of ₹11 Cr, the financial impact of this fine is negligible.

BSE imposed a total fine of ₹51,920 (Basic fine: ₹44,000 + 18% GST: ₹7,920) on the company.
Penalty levied under SEBI LODR Regulation 27(2) due to late submission of the Corporate Governance report for the June 2026 quarter.
Company directed to pay the amount within 15 days of the notice dated August 25, 2026.
Management plans to submit a waiver application along with necessary representations to BSE.

💡 Track whether BSE accepts the company's waiver application and monitor future governance filings to ensure compliance without repeated penalties.

BSE Imposes ₹64,900 Fine on Bimetal Bearings for SEBI LODR Non-Compliances

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 21 Aug 2026, 05:40 PM

BSE Limited has issued a notice dated August 20, 2026, imposing an aggregate fine of ₹64,900 (inclusive of 18% GST) on Bimetal Bearings Ltd for regulatory non-compliances during the June 2026 quarter. The fine covers non-compliance under SEBI LODR Regulation 6(1) regarding the appointment of a qualified compliance officer (₹40,120) and Regulation 13(3) regarding investor grievance reporting (₹24,780). The company stated it will pay the penalty within the prescribed 15-day timeline while submitting a waiver application with supporting representations to the Exchange. Given the company's TTM revenue of ₹305 Cr and TTM PAT of ₹11 Cr, the financial impact is negligible.

Total fine of ₹64,900 (basic fine of ₹55,000 plus ₹9,900 GST) imposed by BSE for the June 2026 quarter
₹40,120 penalty levied for Regulation 6(1) non-compliance (Company Secretary/Compliance Officer appointment)
₹24,780 penalty levied for Regulation 13(3) delay/non-submission (shareholder complaints statement)
Company required to remit payment within 15 days, while simultaneously submitting a waiver application

💡 Track the outcome of the waiver application with BSE and monitor subsequent quarterly filings to ensure secretarial compliances remain regularized.

Bimetal Bearings Appoints Nishant Ramakrishnan as Company Secretary & Compliance Officer

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 18 Aug 2026, 04:56 PM

Bimetal Bearings Limited has appointed Mr. Nishant Ramakrishnan as its Company Secretary and Compliance Officer (Key Managerial Personnel) with effect from August 18, 2026. The appointment was approved by the Board of Directors upon the recommendation of the Nomination and Remuneration Committee. Mr. Ramakrishnan brings over 10 years of post-qualification experience in secretarial, legal, and financial functions across diverse industries. He previously worked with Revathi Equipment India Ltd, Bharat Biotech International Ltd, and Inditrade Capital Ltd.

Appointed Mr. Nishant Ramakrishnan as Company Secretary & Compliance Officer effective August 18, 2026
Candidate possesses more than 10 years of post-qualification corporate governance and finance experience
Qualified Company Secretary (ACS 42279) and Cost Accountant (ACMA 48461) with an MBA
Prior stints include Revathi Equipment India Ltd, Bharat Biotech International Ltd, and Inditrade Capital Ltd

💡 This is a routine administrative compliance update; track core operational performance and quarterly automotive component volumes in upcoming earnings.

Rs 79.53 Cr Revenue: Bimetal Bearings Reports 11% YoY Revenue Growth in Q1 FY27

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 12 Aug 2026, 06:11 PM

Bimetal Bearings reported a consolidated revenue of Rs 79.53 Cr for the quarter ended June 30, 2026, a 10.98% increase over the Rs 71.66 Cr reported in the same quarter last year. Consolidated Profit After Tax (PAT) stood at Rs 3.94 Cr, down 7% YoY from Rs 4.24 Cr, primarily due to a significant rise in material costs which reached Rs 53.86 Cr. The core Engine Bearings segment remains the dominant revenue driver, contributing Rs 74.34 Cr. Total comprehensive income was bolstered to Rs 7.87 Cr by a Rs 4.60 Cr gain in the valuation of equity instruments.

Consolidated Revenue from operations increased 10.98% YoY to Rs 79.53 Cr.
Consolidated PAT for the quarter was Rs 3.94 Cr, resulting in an EPS of Rs 10.30.
Cost of materials and components consumed rose to Rs 53.86 Cr, representing 67.7% of revenue compared to 57.8% in the year-ago quarter.
Engine Bearings segment contributed 93.5% of total revenue at Rs 74.34 Cr.
Share of profit from the Joint Venture (BBL Daido Private Limited) contributed Rs 0.70 Cr to the consolidated profit.

💡 Investors should monitor the company's ability to manage rising raw material costs and the performance of the 'Engineering and Project Services' segment, which is currently a small contributor to the top line.

Bimetal Bearings Q1 FY27: Revenue up 11% YoY to ₹79.5 Cr, PAT down 7% to ₹3.94 Cr

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 12 Aug 2026, 06:03 PM

Bimetal Bearings reported a 10.98% YoY increase in revenue to ₹79.53 Cr for the quarter ended June 2026. However, consolidated PAT declined by 7.07% YoY to ₹3.94 Cr, primarily due to a significant rise in raw material costs, which reached ₹53.86 Cr compared to ₹41.44 Cr in the same quarter last year. The core Engine Bearings segment remains the dominant revenue driver, contributing 93.5% of total sales. While YoY profits dipped, the company showed a slight sequential improvement in PAT from ₹3.80 Cr in the March 2026 quarter.

Revenue from operations grew 10.98% YoY to ₹79.53 Cr from ₹71.66 Cr.
Consolidated Profit After Tax (PAT) stood at ₹3.94 Cr, down from ₹4.24 Cr in June 2025.
Cost of materials and components consumed increased by 30% YoY to ₹53.86 Cr.
Engine Bearings segment revenue reached ₹74.34 Cr, while Engineering and Project services contributed ₹5.19 Cr.
Consolidated EPS for the quarter was ₹10.30, compared to ₹11.08 in the year-ago period.

💡 Investors should monitor the company's ability to manage raw material cost inflation, which compressed margins this quarter. Watch for the growth trajectory of the 'Engineering and Project services' segment as a potential diversification play.

Aug 12 Board Meeting to Approve Q1 FY27 Financial Results

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 07 Aug 2026, 05:04 PM

Bimetal Bearings Ltd has scheduled a board meeting on August 12, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. This follows a fiscal year (FY26) where the company achieved a TTM revenue of ₹297 Cr and a PAT of ₹12 Cr. Investors will be monitoring if the company can sustain the momentum from the March 2026 quarter, which saw a significant revenue jump to ₹94.28 Cr compared to previous quarters. The trading window for insiders has been closed since July 1, 2026, in compliance with SEBI regulations.

Board meeting scheduled for August 12, 2026, to approve Q1 results.
Financials cover the three-month period ended June 30, 2026.
Trading window for insiders closed from July 1, 2026, until 48 hours post-meeting.
Company reported a TTM EPS of ₹30.66 as of the last fiscal year.
Market capitalization stands at ₹254 Cr as of the announcement date.

💡 Investors should watch for the official earnings release on August 12 to evaluate margin trends (TTM OPM is 6.2%) and any commentary on the transition to EV-compatible bearing components.

Bimetal Bearings Approves Rs 13.50 Dividend; Reports 14.5% Revenue Growth at 65th AGM

🟡 NEUTRAL ⭐ 5/10

ROUTINE 📅 04 Aug 2026, 05:55 PM

Bimetal Bearings Limited concluded its 65th Annual General Meeting, where shareholders approved a 135% dividend (Rs 13.50 per share) totaling Rs 5.16 Cr. The company reported a 14.54% top-line growth for FY26, driven by new customer acquisitions and existing program expansions. The powder segment showed strong performance with 17% growth, and the company is currently in the trial production phase for its EV battery section. Additionally, a material related party transaction limit of Rs 50 Cr was approved for dealings with JV partner BBL Daido.

Approved a dividend of 135% (Rs 13.50 per share) amounting to a total payout of Rs 5.16 Cr.
Reported top-line revenue growth of 14.54% for the financial year ended March 2026.
Powder segment recorded a 17% growth over the previous year, with plans for value-added products.
Authorized related party transactions up to Rs 50 Cr with BBL Daido Private Limited for the upcoming year.
EV battery section has reached the trial production and sample preparation stage for testing and approvals.

💡 Monitor the commercialization timeline of the EV battery section and the impact of the powder segment's value-added products on operating margins.

₹13.50 Dividend Approved; Shareholders Clear Material RPT with BBL Daido

🟡 NEUTRAL ⭐ 5/10

DIVIDEND 📅 22 Jul 2026, 05:51 PM

Bimetal Bearings held its 65th AGM on July 20, 2026, where shareholders approved all five resolutions, including a final dividend of ₹13.50 per share. This dividend represents a total payout of approximately ₹5.16 crore, which is about 43% of the TTM PAT of ₹12 crore. Shareholders also granted prior approval for material related-party transactions with BBL Daido Private Limited, a critical joint venture partner. The company maintains a strong promoter holding of 74.87% and a low debt-to-equity ratio of 0.02.

Final dividend of ₹13.50 per share approved for the financial year ended 31st March 2026
Material Related Party Transactions with BBL Daido Private Limited approved with 100% of non-interested votes
Total shareholder count stood at 6,596 as of the record date of 14th July 2026
Overall voting turnout was 78.86% of the total 38,25,000 shares
Re-appointment of Mr. A. Krishnamoorthy as Director was cleared via a special resolution

💡 Investors should monitor the performance of the BBL Daido JV, as it is a key strategic asset, and track the company's progress in adapting to EV-related risks mentioned in their strategy.

₹13.50 Dividend Approved; Shareholders Clear Material RPT with BBL Daido

🟢 POSITIVE ⭐ 6/10

DIVIDEND 📅 22 Jul 2026, 05:33 PM

Bimetal Bearings held its 65th Annual General Meeting on July 20, 2026, where shareholders approved all five resolutions with near-unanimous support. A final dividend of ₹13.50 per share was cleared, representing a total payout of approximately ₹5.16 Cr, which is roughly 43% of the TTM PAT of ₹12 Cr. Crucially, non-interested shareholders approved material Related Party Transactions (RPT) with BBL Daido Private Limited, a key joint venture partner. The voting saw a 78.86% turnout of the total share capital, dominated by the 74.87% promoter holding.

Final dividend of ₹13.50 per share approved for the financial year ended March 31, 2026.
Material Related Party Transactions with BBL Daido Private Limited approved by 100% of non-interested votes cast.
Total of 3,016,404 votes polled, representing 78.86% of the total 3,825,000 shares.
Re-appointment of Mr. A. Krishnamoorthy as Director confirmed via special resolution.
Shareholder base stood at 6,596 members as of the record date of July 14, 2026.

💡 Investors should note the dividend payment timeline and continue to monitor the performance of the BBL Daido JV, which is a significant contributor to the company's technological edge and profitability.

View All 505681 Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Not disclosed in available documents. Revenue is primarily derived from the sale of Thinwall Bearings, Bushings, and Thrust Washers.

Geographic Revenue Split

Not disclosed in available documents. The company exports parts to plants outside India and is enhancing its reach globally.

Profitability Margins

Profit from the Joint Venture (BBL Daido (P) Ltd.) was INR 245.25 Cr for the year ended 31st March 2025. Standalone margins are not explicitly detailed.

Capital Expenditure

Planned capital expenditure was utilized to support performance in the current year, though specific INR values were not disclosed.

Credit Rating & Borrowing

The company has sanctioned working capital limits in excess of INR 5 Cr from banks and financial institutions.

⚙️ Operational Drivers

Raw Materials

Not disclosed in available documents. Typical materials for bearings include steel and copper alloys.

📈 Strategic Growth

Growth Strategy

Growth is targeted through global market expansion, leveraging global sourcing offices in India, and investing in technology to meet matching characteristics for new generation vehicles conforming to stringent emission norms.

Products & Services

Thinwall Bearings, Bushings, and Thrust Washers.

Brand Portfolio

Bimite

New Products/Services

Bearings designed for new emission norms were supplied to OEM customers starting from the previous year.

Market Expansion

The company is exploring global markets and participating in the supply chain for exporting parts to plants outside India.

Strategic Alliances

BBL Daido (P) Ltd. (20% Joint Venture holding with 32,00,000 equity shares).

🌍 External Factors

Industry Trends

The industry is shifting toward EVs, although ICE platforms continue to see development. Emission norms are becoming increasingly stringent, requiring advanced bearing characteristics.

Competitive Landscape

Competition includes global supply bases for automotive components where quality, delivery, and price are critical factors.

Competitive Moat

The company is a member of the Amalgamations Group and maintains a strategic JV with Daido, providing a technology and group-level competitive advantage.