Benara Bearings and Pistons Limited manufactures and sells automobile parts in India.
+ 3 more risks
Fair value with imperfect balance sheet.
Share Price & News
How has Benara Bearings and Pistons's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 541178's share price has been volatile over the past 3 months.
7 Day Return
IN Auto Components
1 Year Return
IN Auto Components
Return vs Industry: 541178 exceeded the Indian Auto Components industry which returned -11.8% over the past year.
Return vs Market: 541178 underperformed the Indian Market which returned -6.1% over the past year.
Price Volatility Vs. Market
How volatile is Benara Bearings and Pistons's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Benara Bearings and Pistons undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 541178 (₹17.05) is trading above our estimate of fair value (₹1.42)
Significantly Below Fair Value: 541178 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 541178 is good value based on its PE Ratio (5.6x) compared to the IN Auto Components industry average (15.2x).
PE vs Market: 541178 is good value based on its PE Ratio (5.6x) compared to the Indian market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 541178's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 541178 is good value based on its PB Ratio (0.5x) compared to the IN Auto Components industry average (1.1x).
How is Benara Bearings and Pistons forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Automobiles industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Benara Bearings and Pistons has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Benara Bearings and Pistons is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Benara Bearings and Pistons competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Automobiles industry.
How has Benara Bearings and Pistons performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: 541178 has a high level of non-cash earnings.
Growing Profit Margin: 541178's current net profit margins (3.3%) are lower than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 541178's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: 541178's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 541178 had negative earnings growth (-27%) over the past year, making it difficult to compare to the Auto Components industry average (-29.8%).
Return on Equity
High ROE: 541178's Return on Equity (6.4%) is considered low.
How is Benara Bearings and Pistons's financial position?
Financial Position Analysis
Short Term Liabilities: 541178's short term assets (₹889.2M) exceed its short term liabilities (₹416.1M).
Long Term Liabilities: 541178's short term assets (₹889.2M) exceed its long term liabilities (₹180.6M).
Debt to Equity History and Analysis
Debt Level: 541178's debt to equity ratio (67.6%) is considered high.
Reducing Debt: Insufficient data to determine if 541178's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 541178's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 541178's interest payments on its debt are not well covered by EBIT (2.4x coverage).
What is Benara Bearings and Pistons's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 541178's dividend (1.47%) is higher than the bottom 25% of dividend payers in the Indian market (0.68%).
High Dividend: 541178's dividend (1.47%) is low compared to the top 25% of dividend payers in the Indian market (2.75%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 541178's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 541178's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (8.2%), 541178's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Vivek Benara (46yo)
Mr. Vivek Benara has been Managing Director of Benara Bearings and Pistons Limited since September 29, 2017 and serves as its Director since December 24, 2015 and he also serves as its President. Mr. Benar ...
CEO Compensation Analysis
Compensation vs Market: Vivek's total compensation ($USD15.97K) is below average for companies of similar size in the Indian market ($USD49.95K).
Compensation vs Earnings: Vivek's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|MD, President & Director||2.83yrs||₹1.20m||12.31% ₹36.8m|
|Independent Director||3.33yrs||no data||no data|
|Independent Director||2.67yrs||₹180.00k||no data|
|Additional Non-Executive Director||1.25yrs||no data||no data|
|Additional Non-Executive Director||1.25yrs||no data||no data|
Experienced Board: 541178's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Benara Bearings and Pistons Limited's company bio, employee growth, exchange listings and data sources
- Name: Benara Bearings and Pistons Limited
- Ticker: 541178
- Exchange: BSE
- Founded: 1970
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: ₹299.253m
- Shares outstanding: 17.71m
- Website: https://www.benara-phb.com
- Benara Bearings and Pistons Limited
- A-3&4, Site-B
- Industrial Area
- Uttar Pradesh
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|541178||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Apr 2018|
Benara Bearings and Pistons Limited manufactures and sells automobile parts in India. It operates through Automobile, Solar, and Trading in Cloth Material segments. The company offers engine bearings and bushes, bi metallic strips, pistons, piston pins and rings, cylinder liners/sleeves, air cooled blocks, liner piston sets, cylinder kits, connecting rods, batteries/inverters, engine valves, ball bearings, spark plugs, timing chains, cam shafts, rocker arms, valve guides, and valve seals. It also provides solar PV modules. The company was founded in 1970 and is based in Agra, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/14 12:43|
|End of Day Share Price||2020/07/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.