Bimetal Bearings Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
- Paid Up Capital ₹ 3.83 Cr
- Company Age 63 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 18.77 Cr
- Satisfied Charges ₹ 25.73 Cr
- Revenue Growth 16.47%
- Profit Growth 161.09%
- Ebitda 100.48%
- Net Worth 4.10%
- Total Assets 6.21%
About Bimetal Bearings
Bimetal Bearings Limited (BBL) was founded in India on 19 April 1961 and has a glorious history of 63 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505681.
The Corporate was formerly known as Bimetal Bearings Private Limited. The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 7.50 Cr and a paid-up capital of Rs 3.83 Cr.
The company currently has active open charges totaling ₹18.77 Cr. The company has closed loans amounting to ₹25.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Bimetal Bearings Limited India are Vidhya Krishnamurthy as COMPANY SECRETARY and Ramachandran Natarajan as Cfo. Anantharamakrishnan Krishnamoorthy, Pasalai Sankaran, Sivasailam Narayanan, and One other member serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L29130TN1961PLC004466
- Company No.
004466
- Stock Symbol
BSE : 505681
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Apr 1961
- Date of AGM
19 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Chennai
Industry
What products or services does Bimetal Bearings Limited offer?
Bimetal Bearings Limited offers a wide range of products and services, including Metal & Metal Made Products, Nano Powder, Aluminum Sheets, Metal Products, Bushings & Bushing Parts, Machine Bushing, Alloy, Metal and Machine Washers, Flat Washers, Ball Bearings and Bearing Assemblies, Industrial Bearings.
Who are the key members and board of directors at Bimetal Bearings?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vidhya Krishnamurthy  | Company Secretary | 30-Mar-2000 | Current |
| Ramachandran Natarajan | CFO | 01-Apr-2021 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sivasailam Narayanan | Whole-Time Director | 01-Nov-2012 | Current |
| Rashmi Urdhwareshe | Director | 18-Mar-2023 | Current |
| Anantharamakrishnan Krishnamoorthy | Director | 26-Jun-1970 | Current |
| Pasalai Sankaran | Director | 27-Aug-2021 | Current |
Financial Performance of Bimetal Bearings.
Bimetal Bearings Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.47% increase. The company also saw a substantial improvement in profitability, with a 161.09% increase in profit. The company's net worth moved up by a moderate rise of 4.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Bimetal Bearings?
In 2023, Bimetal Bearings had a promoter holding of 74.88% and a public holding of 25.11%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Stanes Amalgamated Estates LimitedAnantharamakrishnan Krishnamoorthy is a mutual person
Ootacamund ClubSivasailam Narayanan is a mutual person
Kinetic Communications LimitedRashmi Urdhwareshe is a mutual person
Zf Commercial Vehicle Control Systems India LimitedRashmi Urdhwareshe is a mutual person
Simpson And Company LimitedAnantharamakrishnan Krishnamoorthy and Pasalai Sankaran are mutual person
Amco Batteries LimitedPasalai Sankaran is a mutual person
Charges (Loans)
₹18.77 Cr
₹25.73 Cr
Charges Breakdown by Lending Institutions
- Others : 13.50 Cr
- The Industrial Credit & Investment Corpn. Of India Ltd. : 2.25 Cr
- The Industrial Credit And Investment Corpn. Of India Ltd. : 1.84 Cr
- The Industrial Credit And Investment Corpn. Of India : 1.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Aug 2018 | Others | ₹13.50 Cr | Open |
| 04 May 1998 | The Industrial Credit & Investment Corpn. Of India Ltd. | ₹2.25 Cr | Open |
| 29 Apr 1983 | The Industrial Credit And Investment Corpn. Of India | ₹1.18 Cr | Open |
| 29 Apr 1983 | The Industrial Credit And Investment Corpn. Of India Ltd. | ₹1.18 Cr | Open |
| 23 Aug 1976 | The Industrial Credit And Investment Corpn. Of India Ltd. | ₹6.63 M | Open |
How Many Employees Work at Bimetal Bearings?
Bimetal Bearings has a workforce of 355 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Bimetal Bearings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bimetal Bearings's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
