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May 15, 2010

SNL Bearings Ltd 505827



Name of Company
SNL Bearings Ltd
BSE Code
505827
NSE Code

ICICI Code
Established
My Take
So-So
Headquarters
Mumbai
Promoters
NRB Bearings
Story
Formerly Shriram needle bearings. At Rs. 40, it is a 14 Cr Market cap company. Rs. 13 Cr annual revenue in FY10.
Sector
Manufacturing
Sub-sector
Bearings
Website
I cannot find a website
Positives
69% held by promoters(NRB bearings). NRB may have plans for this company
Negatives
Not a dividend paying company. 3.5 Cr quarterly revenues and 70 lakhs profit - Too less for a 14 Cr market cap. No big growth over the years.
Peers

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