Bimetal Bearings' Q1 FY 2026-27 Quarterly Results

Result Summary

• Bimetal Bearings Ltd reported a 13.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 11.3%.
• Its expenses for the quarter were down by 13.7% QoQ and up 13.1% YoY.
• The net profit increased 3.7% QoQ and decreased 7.1% YoY.
• The earnings per share (EPS) of Bimetal Bearings Ltd stood at 10.3 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Bimetal Bearings Ltd is a company known for manufacturing and supplying bearings and related components. These products are primarily used in the automotive industry, where they play a crucial role in reducing friction between mechanical parts, thereby enhancing performance and longevity. The company has established a reputation for quality and innovation in its field, catering to a diverse range of clients in both domestic and international markets. As of the last update, there are no specific major developments reported for Bimetal Bearings Ltd that could impact its current operational trajectory. The company continues to focus on its core competencies in the manufacturing sector, contributing robustly to its industry.

Revenue

In Q1FY27, Bimetal Bearings Ltd reported a total income of ₹81.53 crores, reflecting a decrease of 13.3% from the previous quarter, Q4FY26, which stood at ₹94.07 crores. However, compared to the same quarter in the previous fiscal year, Q1FY26, there was an increase in total income by 11.3% from ₹73.22 crores. This year-over-year increase indicates a growth trajectory in revenue despite the quarterly decline. The fluctuations in quarterly revenue could be attributed to seasonal factors or industry-specific cycles, though such factors are not detailed in this analysis. The company’s ability to maintain a year-over-year growth in income suggests resilience in its revenue-generating operations.

Profitability

The Profit Before Tax (PBT) for Q1FY27 was ₹4.28 crores, marking a 5.5% decrease from Q4FY26's ₹4.53 crores and a 13.0% decrease from the previous year's first quarter, which was ₹4.92 crores. Despite the decline in PBT, the Profit After Tax (PAT) for Q1FY27 showed a 3.7% increase from the previous quarter, rising from ₹3.80 crores in Q4FY26 to ₹3.94 crores in Q1FY27. However, compared to Q1FY26, there was a 7.1% decrease in PAT from ₹4.24 crores. The earnings per share also followed a similar trend, with a quarterly increase of 3.8% from ₹9.92 in Q4FY26 to ₹10.30 in Q1FY27, yet a year-over-year decrease of 7.0% from ₹11.08. These figures highlight a complex profitability scenario where quarterly improvements are contrasted by annual declines.

Operating Metrics

Total expenses for Q1FY27 amounted to ₹77.25 crores, which is a reduction of 13.7% from ₹89.54 crores in Q4FY26. Year-over-year, the expenses increased by 13.1% from ₹68.29 crores in Q1FY26. The reduction in quarterly expenses aligns with the decrease in revenue, which may point to effective cost management in response to lower income levels. Tax expenses also showed a slight quarterly decrease of 1.9%, from ₹1.06 crores in Q4FY26 to ₹1.04 crores in Q1FY27, and a year-over-year decrease of 15.4% from ₹1.23 crores in Q1FY26. These operating metrics provide insight into the company's cost structures and tax strategies, reflecting both the constraints and efficiencies in its operations over the reported periods.