SNL Bearings Ltd (505827)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, SNL Bearings' revenue was ₹15.2 Cr (+23.3% year on year, +0.2% on the previous quarter), and net profit ₹3.5 Cr (+27.7% year on year); the operating margin was 25.2%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹15.2 | +23.3% | +0.2% |
| Operating profit | ₹3.8 | +24.3% | -0.3% |
| Net profit | ₹3.5 | +27.7% | +34.6% |
| EPS (₹) | 9.58 | +27.7% | +34.6% |
| Operating margin | 25.2% | — | — |
📢 Recent Corporate Announcements
SNL Bearings reported a strong start to FY27 with Q1 revenue from operations growing 23.3% YoY to ₹15.25 cr. Net profit for the quarter increased 27.7% YoY to ₹3.46 cr, up from ₹2.71 cr in the same period last year. The company remains debt-free with an EPS of ₹9.58 for the quarter. Separately, the company informed the exchange of the cessation of its internal auditor due to the proprietor's demise on July 13, 2026.
- Revenue from operations grew 23.3% YoY to ₹15.25 cr in Q1 FY27.
- Net Profit (PAT) increased 27.7% YoY to ₹3.46 cr.
- Earnings Per Share (EPS) improved to ₹9.58 from ₹7.51 in the year-ago quarter.
- Total expenses for the quarter were ₹11.83 cr, compared to ₹9.71 cr in Q1 FY26.
- Internal Auditor M/s. Jayesh Bhagchandani & Co. ceased to act effective July 13, 2026, due to the proprietor's demise.
SNL Bearings reported a strong start to FY27 with Q1 revenue from operations rising 23.3% YoY to ₹15.25 Cr. Net profit increased by 27.7% YoY to ₹3.46 Cr, supported by steady operating margins. The company also announced a casual vacancy for the Internal Auditor position following the demise of Mr. Jayesh Bhagchandani on July 13, 2026. The company remains debt-free with a healthy ROCE of 20%, maintaining its focus on the single 'Bearings' operational segment.
- Revenue from operations grew 23.3% YoY to ₹15.25 Cr in Q1 FY27 compared to ₹12.37 Cr in Q1 FY26
- Net profit increased to ₹3.46 Cr from ₹2.71 Cr in the corresponding quarter of the previous year
- Earnings Per Share (EPS) for the quarter improved to ₹9.58 from ₹7.51 YoY
- Total expenses for the quarter stood at ₹11.83 Cr, with cost of materials consumed at ₹5.10 Cr
- Internal Auditor M/s. Jayesh Bhagchandani & Co. ceased to act effective July 13, 2026, due to the proprietor's demise
SNL Bearings reported a strong start to the fiscal year with Q1 FY27 revenue from operations rising 23.3% YoY to ₹15.25 cr. Net profit grew 27.7% YoY to ₹3.46 cr, significantly aided by a spike in 'Other Income' which reached ₹1.24 cr compared to ₹0.08 cr in the previous year. The company remains debt-free with a healthy EPS of ₹9.58 for the quarter. A casual vacancy has occurred in the Internal Auditor position following the demise of the proprietor of the incumbent firm.
- Revenue from operations grew 23.3% YoY to ₹15.25 cr from ₹12.37 cr in June 2025.
- Net Profit (PAT) increased to ₹3.46 cr, up 27.7% from ₹2.71 cr in the year-ago period.
- Earnings Per Share (EPS) rose to ₹9.58 for the quarter, compared to ₹7.51 in Q1 FY26.
- Other Income surged to ₹1.24 cr, contributing approximately 26% of the Profit Before Tax.
- Total expenses rose to ₹11.83 cr from ₹9.71 cr YoY, primarily driven by higher material costs of ₹5.10 cr.
SNL Bearings reported a strong start to FY27 with Q1 revenue from operations rising 23.3% YoY to ₹15.25 Cr. Net profit (PAT) followed suit, growing 27.7% YoY to ₹3.46 Cr, driven by robust operational performance. The company remains debt-free with a high ROCE of 20%, though it faces a 20% YoY increase in raw material costs. Separately, the board is seeking a new internal auditor following the unfortunate demise of the previous incumbent.
- Revenue from operations increased 23.3% YoY to ₹15.25 Cr compared to ₹12.37 Cr in Q1 FY26.
- Profit After Tax (PAT) grew 27.7% YoY to ₹3.46 Cr from ₹2.71 Cr.
- Earnings Per Share (EPS) improved to ₹9.58 from ₹7.51 in the year-ago period.
- Cost of materials consumed rose 20.3% YoY to ₹5.10 Cr, reflecting inflationary pressures.
- The company maintains a zero-debt position with finance costs at ₹0 for the quarter.
SNL Bearings Ltd has scheduled a board meeting for August 06, 2026, to approve the unaudited standalone financial results for the quarter ended June 30, 2026. The company reported a steady TTM revenue of Rs 57 Cr and a PAT of Rs 11 Cr as of FY26. The trading window for designated persons is closed until August 08, 2026. Investors will be monitoring if the company can sustain its high operating profit margins, which stood at 25.2% for the trailing twelve months.
- Board meeting scheduled for August 06, 2026, to approve Q1 FY27 results.
- Trading window for dealing in securities remains closed until August 08, 2026.
- Results pertain to the three-month period ended June 30, 2026.
- Company maintains a debt-free status with a net worth of Rs 76 Cr as per latest data.
SNL Bearings Ltd has received a reaffirmation of its credit rating from CRISIL Ratings Limited. The agency maintained the 'CRISIL A/Stable' rating for the company's long-term bank loan facilities totaling Rs 14.1 crore. This rated amount represents approximately 24.7% of the company's TTM revenue of Rs 57 crore. Given the company's current debt-free status (D/E of 0.00), these facilities likely represent unutilized working capital or non-fund based limits.
- CRISIL reaffirmed the long-term rating at 'CRISIL A/Stable' for bank facilities.
- Total bank loan facilities covered under this rating amount to Rs 14.1 crore.
- The rated facilities represent approximately 18.6% of the company's net worth of Rs 76 crore.
- The company maintains a strong financial profile with a debt-to-equity ratio of 0.00 and ROCE of 20.0%.
SNL Bearings has announced its 46th Annual General Meeting (AGM) will be held on August 11, 2026, via video conferencing. The company has established August 04, 2026, as the record date (cut-off date) to determine which shareholders are eligible to vote at the meeting. This is a standard administrative procedure for the Rs 136 Cr market cap company, which reported a TTM revenue of Rs 57 Cr and a healthy operating margin of 25.2%.
- 46th Annual General Meeting scheduled for August 11, 2026, at 11:30 A.M.
- Record date for voting eligibility fixed as Tuesday, August 04, 2026.
- Meeting to be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).
- Company maintains a debt-free balance sheet with a net worth of Rs 76 Cr as per latest context.
SNL Bearings has scheduled its 46th Annual General Meeting (AGM) for August 11, 2026, at 11:30 AM IST. The company is dispatching physical letters to shareholders whose email addresses are not registered, providing them with web links to access the FY 2025-26 Annual Report and AGM notice. This filing is a procedural requirement under SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations. The meeting will be conducted virtually via video conferencing.
- 46th Annual General Meeting scheduled for August 11, 2026
- Meeting to be held at 11:30 AM IST via Video Conferencing
- Notice and Annual Report pertain to the Financial Year 2025-26
- Letters dispatched to shareholders without registered email addresses as per Regulation 36(1)(b)
SNL Bearings has released its FY 2025-26 Annual Report and scheduled its 46th AGM for August 11, 2026. A primary agenda item is the approval of material related party transactions with its holding company, NRB Bearings Ltd, estimated at ₹40 crores for FY 2026-27. The company highlighted that it has repaid 100% of its borrowings. The report also confirms the re-appointment of an Independent Director for a second five-year term and details recent management changes including a new CEO and Company Secretary.
- Proposed material related party transaction with NRB Bearings Ltd valued at ₹40 crores for FY 2026-27
- Company successfully repaid 100% of its borrowings during the previous financial year
- 46th Annual General Meeting scheduled for August 11, 2026, via Video Conferencing
- Re-appointment of Mr. Kaiyomarz Minoo Marfatia as Independent Director for a 5-year term until May 2031
- CEO Surya Prakash was appointed effective June 16, 2025, following management transitions
SNL Bearings Limited has scheduled its 46th Annual General Meeting (AGM) for August 11, 2026. Key agenda items include the re-appointment of Mr. Kaiyomarz Minoo Marfatia as an Independent Director for a five-year term and the approval of material related party transactions with the parent company, NRB Bearings Limited, for FY 2026-27. Additionally, the company is seeking approval to pay commissions to Non-Executive Directors, capped at ₹3 lakhs per director per annum, provided the total does not exceed 1% of net profits.
- 46th AGM scheduled for August 11, 2026, at 11:30 AM via Video Conferencing.
- Proposed re-appointment of Mr. Kaiyomarz Minoo Marfatia as Independent Director for a 5-year term until May 30, 2031.
- Commission for Non-Executive Directors capped at ₹3 lakhs per annum per director.
- Total commission to NEDs limited to 1% of net profits as per Section 198 of the Companies Act.
- Approval sought for material related party transactions with NRB Bearings Limited for the period until the 47th AGM.
SNL Bearings Limited has scheduled its 46th Annual General Meeting (AGM) for August 11, 2026, at 11:30 AM via video conferencing. The company has fixed August 4, 2026, as the cut-off date to determine shareholder eligibility for remote e-voting. The meeting will cover the financial statements and statutory reports for the fiscal year ended March 31, 2026. The Annual Report for FY 2025-26 will be dispatched electronically to registered members.
- 46th Annual General Meeting scheduled for August 11, 2026, at 11:30 A.M.
- Cut-off date for e-voting eligibility set for August 4, 2026
- Annual Report for FY 2025-26 to be distributed electronically to registered shareholders
- Meeting to be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM)
SNL Bearings Limited has scheduled its 46th Annual General Meeting (AGM) for August 11, 2026, to be conducted via video conferencing. The company has established August 4, 2026, as the cut-off date to determine shareholder eligibility for e-voting. The meeting will cover the financial statements and statutory reports for the fiscal year ended March 31, 2026. Shareholders will receive the Annual Report for FY 2025-26 electronically through their registered email addresses.
- 46th Annual General Meeting scheduled for August 11, 2026, at 11:30 A.M.
- Cut-off date for e-voting eligibility fixed as August 4, 2026
- Annual Report for the financial year ended March 31, 2026, to be distributed electronically
- Meeting to be held through Video Conferencing (VC) or Other Audio-Visual Means (OAVM)
Financial Performance
Revenue Growth by Segment
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Geographic Revenue Split
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Profitability Margins
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EBITDA Margin
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Capital Expenditure
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Credit Rating & Borrowing
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Operational Drivers
Raw Materials
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Import Sources
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Key Suppliers
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Capacity Expansion
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Raw Material Costs
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Manufacturing Efficiency
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Logistics & Distribution
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Strategic Growth
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Growth Strategy
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Products & Services
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Brand Portfolio
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Market Expansion
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Market Share & Ranking
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External Factors
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Competitive Landscape
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Regulatory & Governance
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Environmental Compliance
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Risk Analysis
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Geographic Concentration Risk
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