Bimetal Bearings Limited (BIMETAL.BO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-151.3%

-₹304.02

vs ₹592.35 price

Levered DCF

₹135.14

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	17.1×	19.8×	21.45×	13.05×	26.56×	29.5×	66.9×	16.15×
P/B	0.87×	0.99×	1×	0.71×	0.61×	0.6×	0.42×	1.01×
P/S	0.67×	0.93×	0.93×	0.63×	0.6×	0.71×	0.5×	0.93×
EV / EBITDA	11.01×	12.4×	10.86×	7.96×	10.35×	11.8×	11.47×	8.79×
Gross margin	27.9%	30.3%	29.0%	32.6%	31.2%	6.5%	37.2%	37.6%
Operating margin	3.5%	2.8%	2.2%	4.1%	0.8%	-0.8%	-4.1%	5.8%
Net margin	3.9%	4.7%	4.4%	4.9%	2.3%	2.4%	0.8%	5.7%
Current ratio	2.33×	2.95×	2.88×	2.93×	2.84×	2.9×	3.28×	3.76×
Debt / equity	0.02×	0.04×	0.04×	0.05×	0.03×	0.03×	0.02×	0×
Interest coverage	49.66×	5.05×	4.73×	10.22×	2.99×	-1.93×	-71.8×	47.22×
Dividend yield	2.5%	2.1%	2.2%	2.1%	2.6%	2.4%	6.6%	2.3%
Payout ratio	42.4%	42.5%	47.0%	27.4%	68.5%	70.4%	439.6%	36.3%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	5.1%	5.0%	4.6%	5.4%	2.3%	2.0%	0.6%	6.2%
Return on invested capital	3.2%	2.6%	1.7%	3.2%	0.6%	-0.6%	-3.3%	4.2%
Return on assets	3.9%	4.0%	3.7%	4.3%	1.8%	1.6%	0.5%	5.3%
Free cash flow yield	1.3%	2.2%	0.7%	1.3%	-3.1%	-2.0%	-5.7%	0.8%
Earnings yield	5.8%	5.1%	4.7%	7.7%	3.8%	3.4%	1.5%	6.2%
Enterprise value	₹2B	₹2.3B	₹2.3B	₹1.5B	₹1.2B	₹1.2B	₹752.3M	₹1.8B
Net debt / EBITDA	0.1×	0.41×	0.41×	0.41×	0.38×	0.37×	0.39×	-0.14×
Cash conversion cycle (days)	82	123	123	130	135	175	182	155