Bearing Stocks India – Bearings Stocks

Bearing stocks in India represent investments in companies involved in the manufacturing and distribution of bearings. These components are crucial for various industrial applications, including automotive, aerospace and machinery. Investing in bearing stocks can offer growth potential due to increased industrial activities and infrastructure development in the country.

The table below shows the bearing stocks in India based on the highest market capitalisation and 1-year return.

Introduction To Bearings Stocks India

Schaeffler India Ltd

The Market Cap of Schaeffler India Ltd is Rs. 60,409.81 crores. The stock’s monthly return is -0.19%. Its one-year return is 12.91%. The stock is currently 28.10% away from its 52-week high.

Schaeffler India Limited is an Indian company that supplies automotive and industrial components. It manufactures components and systems for engines, transmissions and chassis for various types of vehicles, such as hybrid, electric and combustion-engine-powered vehicles. The company is divided into segments including Automotive Technologies, Automotive Aftermarket, Industrial and Exports & Others. 

The Automotive Technologies segment focuses on developing sustainable products for different types of vehicles, including passenger cars, commercial vehicles, tractors and off-highway vehicles. The Automotive Aftermarket segment offers data-driven services and ready-to-use solutions for transmission, engine, and chassis systems and includes popular brands like LuK, INA and FAG. 

Timken India Ltd

The Market Cap of Timken India Ltd is Rs. 27,865.53 crores. The stock’s monthly return stands at -9.59%. Over the past year, it has achieved a return of 18.82%. Currently, the stock is 30.05% away from its 52-week high.

Timken India Limited is involved in the production of anti-friction bearings, mechanical power transmission products, and related services. The company’s core activities encompass the manufacturing, distribution, and sale of anti-friction bearings, with a focus on tapered roller bearings, other types of roller bearings, components, accessories and mechanical power transmission products catering to a diverse customer base. 

Additionally, the company offers maintenance contracts and refurbishment services. Its operations are organized into the Bearings and Allied Goods & Services segments. Timken India manufactures a range of engineered bearing products, including ball bearings, cylindrical bearings, housed units, plain bearings, precision bearings, spherical bearings, tapered bearings, and thrust bearings.  

SKF India Ltd

The Market Cap of SKF India Ltd is Rs. 25,997.20 crores. The stock’s monthly return is -2.59%. Its one-year return is -0.95%. The stock is currently 39.77% away from its 52-week high.

SKF India Limited is an Indian company primarily focused on providing solutions and services in the areas of rolling bearings, seals, mechatronics and lubrication systems. 

The company operates within the Bearings segment and offers a wide range of products such as Rolling bearings, Mounted bearings and housings, Super-precision bearings, Slewing bearings, Plain bearings, Magnetic bearings and systems, Thin section bearings, Industrial seals, Automotive seals, Lubrication management, Maintenance Products, Condition monitoring systems and more.  

Galaxy Surfactants Ltd

The Market Cap of Galaxy Surfactants Ltd is Rs. 10,835.50 crores. The stock’s monthly return is 3.11%. Its one-year return is 11.71%. The stock is 4.97% away from its 52-week high.

Galaxy Surfactants Ltd is a company based in India that primarily specializes in the production of surfactants and various speciality ingredients for the personal care and home care sectors. Its market segments encompass skincare, hair care, sun care, oral care, baby care and home care. 

The company supplies cosmetic ingredients for both personal and home care uses. Its product categories include fatty alcohol sulfate and ether sulfate, fatty alcohol ethoxylate, linear alkyl benzene sulfonic acids (LABSA), foam and viscosity enhancers, mild surfactants, pearling agents, surfactant blends, preservatives and various blends. 

Rolex Rings Ltd

The Market Cap of Rolex Rings Ltd is Rs. 6,818.95 crores. The stock’s monthly return is 5.94%. Its one-year return is 10.97%. The stock is 10.51% away from its 52-week high.

Rolex Rings Limited is a forging company based in India that specializes in the production of forged and machined bearing rings and automotive components. The company operates within a diverse auto components sector.

Its product offerings include transmission components such as gear blanks, ring gears, sun and pinions, shafts and lock nuts; engine components like pulleys, cam lobes and various forged parts; output shafts, and constant velocity joint (CVJ) components; bearing rings and exhaust system parts including flanges, biocones, and tulips.  

Menon Bearings Ltd

The Market Cap of Menon Bearings Ltd is Rs. 685.54 crores. The stock’s monthly return is -0.85%. Its one-year return is -19.28%. The stock is 29.57% away from its 52-week high.

Menon Bearings Limited, an Indian company, is involved in the manufacturing of auto components. The company produces a range of products such as bi-metal engine bearings, bushes and thrust washers for both light and heavy automobile engines, two-wheeler engines, compressors for refrigerators, air conditioners and more. 

Their bearing offerings include products for connecting rods, crankshafts, flanged bearings and tri-metal bearings. Additionally, the company provides truncated bushes, ball-indented bushes, and various types of thrust washers for connecting rods, camshafts, rock shafts and rocker arms.  

SKP Bearing Industries Ltd

The Market Cap of SKP Bearing Industries Ltd is Rs. 352.00 crores. The stock’s monthly return is 1.02%. Its one-year return is -5.78%. The stock is currently 62.67% away from its 52-week high.

SKP Bearing Industries Limited is a company based in India that specializes in manufacturing needle rollers, cylindrical rollers, pins, steel balls and other related products. Additionally, the company is involved in generating electricity through wind and solar power projects. 

SKP Bearing Industries supplies its products to various sectors, including textiles and automobiles, throughout India. Furthermore, the company exports its rolling elements to international clients in countries such as Brazil, Argentina and the UAE, among others.

Bimetal Bearings Ltd

The Market Cap of Bimetal Bearings Ltd is Rs. 302.21 crores. The stock’s monthly return is 23.41%. Its one-year return stands at 20.81%. The stock is currently 6.67% away from its 52-week high.

Bimetal Bearings Limited is an Indian company involved in the production of engine bearings, bushings, thrust washers, alloy powder and bimetallic strips. The company operates fully integrated manufacturing facilities, processing everything from raw materials to fully finished products. 

It serves an original equipment manufacturer (OEM) customer base across various segments of the automotive industry, including passenger cars, multi-utility vehicles (MUVs), light commercial vehicles (LCVs), medium and heavy commercial vehicles (M&HCVs), tractors, industrial engines and two-wheelers, in addition to fulfilling the needs of defence and railway sectors. 

Vishal Bearings Ltd

The Market Cap of Vishal Bearings Ltd is Rs. 138.99 crores. The stock’s monthly return is -7.35%. Its one-year return is -36.49%. The stock is 70.81% away from its 52-week high.

Vishal Bearings Limited is a manufacturer of bearing rollers based in India. The company produces a variety of taper rollers, cylindrical rollers, spherical rollers and custom rollers according to client specifications. 

It specializes in all types of bearing components for the automotive and engineering sectors, including cones, tapered rollers, balls and needle rollers. Vishal Bearings offers an assortment of taper rollers, cylindrical rollers and spherical rollers, which encompass rollers for cylindrical and spherical bearings.  

Nrb Industrial Bearings Ltd

The Market Cap of Nrb Industrial Bearings Ltd is Rs. 96.90 crores. The stock’s monthly return is -6.32%. Its one-year return is 42.31%. The stock is currently 27.53% away from its 52-week high.

NRB Industrial Bearings Limited specializes in the production of ball and roller bearings tailored for the industrial sector. 

The company manufactures a wide range of bearings for various industrial uses, including Deep Groove Ball Bearings, Angular Contact Ball Bearings, Self-Aligned Ball Bearings, Cylindrical Roller Bearings and Spherical Roller Bearings, among others. Its Angular Contact Ball Bearings are specifically designed to handle axial loads in a single direction.

Looking for the Best Stocks in different sectors? Check out the following articles:

What are Bearings Stocks?

Bearings stocks refer to shares of companies that manufacture and supply bearings, which are essential components utilized in various machinery and equipment. Bearings facilitate smooth movement and reduce friction between moving parts, making them crucial in industries such as automotive, aerospace and manufacturing.  

Investing in bearings stocks can be advantageous, as the demand for these components often correlates with growth in industrial production and advancements in technology. As economies expand and new machinery is developed, the market for bearings is likely to grow, potentially offering attractive investment opportunities for shareholders.

Features of Best Bearings Stocks in India

The key features of the best-bearing stocks in India include financial stability, market leadership, and consistent demand in industries like automotive, aerospace and manufacturing, ensuring long-term growth. 

1. Strong Financial Stability: These companies exhibit robust financial health with consistent revenue and profit growth, low debt and effective cost management. Financial stability ensures resilience against market fluctuations, making these stocks more attractive for long-term investments.
2. Innovative Product Portfolio: Top bearings companies continually invest in research and development, introducing innovative and efficient bearing products. This enhances their competitive advantage and caters to the evolving demands across various industries, ensuring sustained growth.
3. Wide Market Presence: Leading bearings companies have a broad market reach, both domestically and internationally. Their ability to serve diverse sectors like automotive, industrial machinery and aerospace ensures a stable demand, reducing dependency on any single market.
4. Strategic Partnerships and Collaborations: These companies often form strategic alliances with global players, enabling access to advanced technologies and expanding their global footprint. Collaborations also drive operational efficiency, resulting in cost advantages and product diversification.
5. High Dividend Yields: Investors often benefit from attractive dividend payouts as these companies maintain strong cash flow. Consistent dividend yields indicate the company’s commitment to sharing profits, making the stocks appealing to income-focused investors.

List Of Best Bearings Stocks Based on 6-Month Return

The table below shows the list of best bearings stocks based on a 6-month return.

Best Bearings Stocks In India 2024 Based on 5-Year Net Profit Margin

The table below shows the best bearings stocks in India in 2024 based on 5-year net profit margin.

List Of Bearings Sector Stocks Based on 1M Return

The table below shows the list of bearings sector stocks based on a 1-month return.

High Dividend Yield Bearings Stocks

The table below shows the high dividend yield bearings stocks.

Historical Performance of Bearings Stocks

The table below shows the historical performance of bearings stocks.

Factors To Consider When Investing In Bearings Stocks

The factor to consider when investing in bearings stocks is the market demand for industrial equipment and vehicles. Bearings are essential in various industries, making their demand closely linked to economic growth and infrastructure development.

1. Technological Advancements: Bearings stocks benefit from advancements in technology. Companies that innovate and develop higher-performance products can gain a competitive edge, leading to potential stock appreciation and long-term growth for investors.
2. Industry Diversification: Bearings are used across multiple sectors like automotive, aerospace, and manufacturing. Investing in diversified bearing companies provides stability as performance is not reliant on one specific industry, balancing potential market fluctuations.
3. Company Financial Health: Analyzing the financial health of bearing companies is crucial. Look for stable revenue growth, low debt levels, and efficient cost management to ensure the company can sustain profitability and withstand market downturns.
4. Global Market Presence: Companies with a strong global presence can leverage different economic regions for growth. Geographical diversification helps reduce risk as slowdowns in one region may be offset by growth in another, securing consistent returns.
5. Raw Material Costs: Bearings production relies on steel and other raw materials. Rising costs can impact profitability. Consider companies that effectively manage supply chains and have pricing power to mitigate the effects of fluctuating raw material prices.

How To Invest In Bearings Stocks India?

To invest in bearing stocks in India, open a brokerage account like Alice Blue, research leading bearing companies, analyze their financials and market trends and buy shares through a stock exchange. Diversify your portfolio and monitor industry performance for informed, long-term investing decisions.

Impact of Government Policies on Bearings Stocks India

Government policies in India significantly influence bearings stocks, especially through infrastructure development and industrial expansion initiatives. Policies promoting “Make in India” and local manufacturing boost demand for bearings across industries like automotive, railways, and machinery.

Additionally, tax incentives and subsidies for manufacturing companies enhance profitability, leading to improved stock performance. Companies benefiting from government-backed projects tend to have stable growth and increased investor confidence.

However, changes in import-export regulations and tariffs can impact raw material costs. Bearing companies reliant on imports may face margin pressures due to fluctuating government policies.

How Bearings Stocks India Perform in Economic Downturns?

The performance of these stocks can vary significantly, influenced by several factors such as demand fluctuations, supply chain disruptions, and changes in consumer spending.   

Typically, during a recession, industrial activity slows down, leading to a decrease in demand for bearings used in machinery and vehicles. However, some companies may weather the storm better than others, depending on their market position, product innovation and operational efficiency. Investors closely monitor these variables to gauge the resilience of bearing stocks in challenging economic conditions.

Advantages Of Investing In Bearings Stocks

The primary advantage of investing in bearings stocks lies in their essential role across multiple industries. Bearings are critical components in machinery, automotive and aerospace sectors, providing consistent demand and long-term growth potential for investors.

1. Diverse Industry Applications: Bearings are used in a wide range of industries, including manufacturing, automotive and railways. This diversification helps companies maintain stable revenue streams, reducing the risks associated with a single industry downturn.
2. Technological Advancements: Companies that innovate with new bearing designs and materials can achieve better market positioning. Technological improvements often lead to higher demand, providing growth opportunities and enhancing the overall stock value for investors.
3. Global Market Demand: Bearings have a strong global market, driven by industrialization and infrastructure development. Companies with a global presence can capitalize on growth in emerging economies, ensuring long-term revenue growth and improved stock performance.
4. Economic Resilience: Bearings are fundamental to numerous industries, making them less susceptible to economic downturns. As long as industrial operations continue, the demand for bearings remains stable, providing steady earnings for companies and investors.
5. Strong Market Players: The bearings industry is dominated by well-established global companies with significant market share. Investing in these leading players offers stability and potential for capital appreciation as they continue to expand their operations.

Risks Of Investing in Best Bearings Stocks in India

The main risk of investing in the best bearings stocks in India stems from their dependence on the industrial and automotive sectors. A slowdown in these industries can significantly affect demand for bearings, impacting stock performance and profitability.

1. Raw Material Price Fluctuations: Bearings production relies heavily on steel and other metals, which are subject to volatile price changes. Rising raw material costs can squeeze profit margins, making it difficult for companies to maintain stable earnings.
2. Global Competition: The bearings industry faces strong global competition, particularly from low-cost manufacturers in countries like China. Increased competition can lead to price wars, affecting the profitability and market share of Indian companies.
3. Technological Disruption: Failure to keep up with advancements in bearing technology could hurt a company’s competitive edge. Companies that don’t innovate may lose customers to rivals offering superior, high-performance bearings, negatively affecting long-term growth prospects.
4. Regulatory Challenges: Changing government regulations, such as environmental policies and import-export restrictions, can directly impact the costs and operations of bearing companies. Companies relying on imports may experience higher costs due to unfavourable regulatory changes.
5. Economic Slowdowns: Bearings demand is closely tied to industrial and automotive activities. Economic downturns, particularly in key sectors like manufacturing, can lead to reduced demand for bearings, leading to slower revenue growth and stock performance.

Bearings Stocks India GDP Contribution

Bearings stocks in India contribute to the GDP through their essential role in key industries like automotive, manufacturing, and infrastructure. Bearings are critical components in machinery and vehicles, supporting industrial production and economic activities, thus aiding in overall GDP growth.

The sector also benefits from government initiatives like “Make in India,” which promotes local manufacturing and infrastructure development. As these industries expand, the demand for bearings increases, strengthening their contribution to India’s economy and boosting the growth potential of bearings companies in the stock market.

Who Should Invest In Best Bearings Stocks In India?

Investing in the best bearings stocks in India can be particularly rewarding for those seeking exposure to a sector with steady demand and growth potential. This market is suited for investors who understand industrial dynamics and appreciate the importance of bearings in multiple industries.

1. Long-Term Investors: Those with a long-term investment horizon can benefit from the consistent demand for bearings across diverse industries, leading to stable returns and potential capital appreciation over time.
2. Industry Enthusiasts: Investors familiar with the industrial and automotive sectors will find bearings stocks appealing due to their integral role in these industries, providing a deeper understanding of market dynamics and growth potential.
3. Diversified Portfolio Seekers: Individuals looking to diversify their investment portfolio can consider bearings stocks as a stable addition. Their broad industry applications can balance out risks from other more volatile investments.

Top Bearing Stocks in India – FAQs

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Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.