BIMETAL BEARINGS LIMITED

(A member of the Amalgamations group)

Code of Conduct for Directors and Senior Management

01) Act in the best interest of the Company and its stakeholders.

02) Maintain the highest standards of integrity and ethics in the discharge of the responsibility attached to to my office.

03) Participate and contribute to the conduct and progress of the Company without any association prejudicial to or conflicting with the company’s interest.

04) Conform to statutory and mandatory regulations required for the company’s operations.

05) Maintain utmost secrecy of any confidential information relating to inventions,innovations, trade secrets, formulae, technology relating to machine, material, process, patent, design, drawings, financial data and anything which signifies actual or potential economic value that they become privy to, other than the one exclusively permitted to be disclosed or mandated by law.

06) Conduct myself, both inside and outside the Company in a manner which would not adversely affect the reputation of the Company.



 
BIMETAL BEARINGS LIMITED (CIN: L29130TN1961PLC004466)
( A Member of Amalgamations Group)
Regd.Office:"Huzur Gardens", Sembiam, Chennai 600011
Tel No. : 044 - 25375581 / 0422 - 2221159 Website : www.bimite.co.in
E-Mail : vidhyashankar@bimite.co.in
 
Statement of Unaudited Financial Results for the Quarter ended 30th June 2014

(Rs. In Lakhs)
Sl.
No
.
Particulars Unaudited Audited
Quarter Ended Year ended
30-06-2014 31-03-2014 30-06-2013 31-03-2014
01 Income from Operations        
  (a) Net Sales (Net of Excise Duty) 3416.48 3753.11 3411.50 14057.47
           
  (b) Other Operating Income 141.94 162.98 121.80 548.08
           
  Total Income from operations (Net) 3558.42 3916.09 3533.30 14605.55
           
02 Expenses        
  (a) Cost of Materials Consumed 1941.49 2011.23 1969.31 7952.35
  (b) Purchase of Stock in Trade - 10.41 - 10.41
  (c) Changes in Inventories of Finished Goods, Work in Progress & Stock in Trade 4.40 118.57 -44.32 -15.17
  (d) Employee benefits expense 513.94 591.38 504.65 2100.88
  (e) Depreciation and amortisation expense 136.57 108.99 107.37 441.11
  (f) Other Expenditure 1016.35 1024.71 1100.96 4096.29
   Total Expenses 3612.75 3865.29 3637.97 14585.87
           
03 Profit / (-) Loss from Operations before other Income, Finance Costs & Exceptional items (1-2) -54.23 50.80 -104.67 19.68
           
04 Other Income 117.53 144.23 136.36 510.32
           
05 Finance Costs 7.01 10.66 5.31 27.26
           
06 Profit / (-) Loss from ordinary activities after finance costs but before exceptional items (5-6) 56.19 184.37 26.38 502.74
           
07 Exceptional items - - - -
           
08 Profit / (-) Loss from ordinary activities before Tax (7-8) 56.19 184.37 26.38 502.74
           
09 Tax Expense 17.55 26.99 8.45 116.99
           
10 Net Profit / (-) Loss from Ordinary activities after Tax (9-10) 38.64 157.38 17.93 385.75
           
11 Extra ordinary items - (Net of Tax expenses) - - - -
           
12 Net Profit / (-) Loss for the period (11-12) 38.64 157.38 17.93 385.75
           
13 Paid up Equity Share Capital (Face Value of Rs.10/- each) 382.50 382.50 382.50 382.50
           
14 Reserves Excluding Revaluation Reserves as per Balance Sheet of Previous accounting year - - - 13363.56
           
15(i) Earnings per share (before extraordinary items) (not annualised)
       
  (a) Basic (Rupees) 1.01 4.11 0.47 10.09
  (b) Diluted (Rupees) 1.01 4.11 0.47 10.09
           
15(ii) Earnings per share (after extraordinary items) (not annualised)
       
  (a) Basic (Rupees) 1.01 4.11 0.47 10.09
  (b) Diluted (Rupees) 1.01 4.11 0.47 10.09

PART - II

Select Information for the Quarter and Three Months ended June 30, 2014
A PARTICULARS OF SHAREHOLDING        
1 Public Shareholding        
  (a) Number of Shares 960874 960874 960874 960874
  (b) Percentage of Shareholding 25.12 % 25.12 % 25.12 % 25.12 %
           
2 Promoters and promoters group share-holding:        
  (a) Pledged / Encumbered Nil Nil Nil Nil
           
  (b) Non – Encumbered        
           
  - Number of Shares 2864126 2864126 2864126 2864126
           
  - Percentage of Shares (as a % of the total shareholding of promoter & promoter group) 100% 100% 100% 100%
           
  - Percentage of Shares (as a % of the total share capital of the company) 74.88% 74.88% 74.88% 74.88%

B INVESTOR COMPLAINTS: Quarter ended June 30, 2014
  Pending at the beginning of the Quarter Nil
  Received during the Quarter 1
  Diposed off during the Quarter 1
  Remaining Unresolved at the end of the Quarter Nil

1 The above unaudited financial results were reviewed and recommended by the Audit Committee and approved by the Board at their meeting held on 14th August 2014 and limited review has been carried by the statutory auditors of the Company.
   
2 Pursuant to the enactment of the Companies Act, 2013 (the Act), the Company has, effective April 1, 2014 reviewed and revisted the estimated useful lives of the fixed assets, generally in accordance with the provisons of Schedule II of the Act, and in certain cases based on technical evaluation, longer lives than those indicated in Schedule II. Consequently, the depreciation charged for the Quarter ended June 30th 2014 is higher and the Profit Before Tax is lower by Rs.31.65 lacs.
   
3 The previous period figures have been re-grouped / re-classified wherever necessary to conform to the classification for this quarter.
   
4 The results for the Quarter ended 31-03-2014 are dervied figures arrived at by subtracting the results for the nine months ended 31-12-2013 from the Audited Results for the year ended 31-03-2014.
   
5 The business activities reflected in the above financial results comprise of manufacture and sale of plain shaft Bearings. Accordingly there is no other reportable primary business segment as per Accounting Standard No.17 (Segment Reporting).


Distribution of Share-holding pursuant to Clause 54 of the Listing Agreement as on 30-06-2014

No. Name of the category Total No. of shares % to total share capital
1 Bodies Corporate in the same Management 2863926 74.87
2 Directors and Relatives 600 0.02
3 Public Financial Institutions 209 0.01
4 Non - Residents 7482 0.20
5 Other Bodies Corporate 61402 1.61
6 Other Resident Public Shareholders 891381 23.30
  Total 3825000 100.00
For all investor related queries, please contact : Mr.K.Vidhya Shankar, Company Secretary / Complaince Officer
Phone - (0422) 222 1159 / +91 97902 46890 / vidhyashankar@bimite.co.in


IMPORTANT INFORMATION :   Mr.A.B.Avery, Director of the Company resigned from the Board on 27th May 2014 due to health conditions.  Mr.A.B.Avery is  a  Certified  Public  Accountant   and  was inducted  into the Board on 1st August 1975.  He was the former Chairman of Automotive Components Limited, Australia.  He had vast experience in the automobile and its ancillary industries.  He displayed great interest in the growth of the company.  The company was richly benefited by his global experience in the industry.  His words of advice were well received by the Board of Directors.  He was also a member of Nomination and Remuneration Committee. The Board of Directors had accepted Mr.A.B.Avery’s resignation vide resolutions passed on 6th June 2014.


 
BIMETAL BEARINGS LIMITED
( A Member of Amalgamations Group)
Regd.Office:"Huzur Gardens", Sembiam, Chennai 600011
 
Statement of Audited Financial Results for the Quarter and Year ended 31st March 2014

(Rs. In Lakhs)
Sl.
No
.
Particulars Quarter Ended Year ended
31-03-2014 31-12-2013 31-03-2013 31-03-2014 31-03-2013
Unaudited Unaudited Unaudited Audited Audited
01 Income from Operations          
  (a) Net Sales (Net of Excise Duty) 3753.11 3201.00 4046.83 14057.47 15592.06
             
  (b) Other Operating Income 162.98 115.79 112.68 548.08 541.09
             
  Total Income from operations (Net) 3916.09 3316.79 4159.51 14605.55 16133.15
             
02 Expenses          
  (a) Cost of Materials Consumed 2011.23 1848.86 2150.66 7952.35 8752.92
  (b) Purchase of Stock in Trade 10.41 0.00 0.00 10.41 0.00
  (c) Changes in Inventories of Finished Goods, Work in Progress & Stock in Trade 118.57 -8.13 425.16 -15.17 -185.98
  (d) Employee Benefits Expense 591.38 494.55 443.29 2100.88 2013.27
  (e) Depreciation and amortisation Expense 108.99 114.20 116.63 441.11 422.57
  (f) Power and Fuel 326.06 262.88 321.69 1245.30 1549.44
  (g) Other expenditure 698.65 690.68 664.14 2850.99 3104.19
   Total Expenses 3865.29 3403.04 4121.57 14585.87 15656.41
             
03 Profit / (-) Loss from Operations before other Income, Finance Costs & Exceptional items (1-2) 50.80 -86.25 37.94 19.68 476.74
             
04 Other Income 144.23 103.78 223.03 510.32 462.17
             
05 Profit / (-) Loss from ordinary activities before finance costs and exceptional items (3+4) 195.03 17.53 260.97 530.00 938.91
             
06 Finance Costs 10.66 5.40 8.39 27.26 30.38
             
07 Profit / (-) Loss from ordinary activities after finance costs but before exceptional items (5-6) 184.37 12.13 252.58 502.74 908.53
             
08 Exceptional items - - - - -
             
05 Profit / (-) Loss from ordinary activities before Tax (7-8) 184.37 12.13 252.58 502.74 908.53
             
10 Tax Expense 26.99 -8.70 27.78 116.99 232.83
             
11 Net Profit / (-) Loss from Ordinary activities after Tax (9-10) 157.38 20.83 224.80 385.75 675.70
             
12 Extra ordinary items - (Net of Tax expenses) - - - - -
             
13 Net Profit / (-) Loss for the period (11-12) 157.38 20.83 224.80 385.75 675.70
             
14 Paid up Equity Share Capital (Face Value of Rs.10/- each) 382.50 382.50 382.50 382.50 382.50
             
15 Reserves Excluding Revaluation Reserves as per Balance Sheet of Previous accounting year - - - 13363.56 13291.06
             
16(i) Earnings per share (before extraordinary items) (not annualised)
         
  (a) Basic (Rupees) 4.11 0.54 5.88 10.09 17.67
  (b) Diluted (Rupees) 4.11 0.54 5.88 10.09 17.67
             
16(ii) Earnings per share (after extraordinary items) (not annualised)
         
  (a) Basic (Rupees) 4.11 0.54 5.88 10.09 17.67
  (b) Diluted (Rupees) 4.11 0.54 5.88 10.09 17.67

PART - II

Select Information for the Quarter and Three months ended 31st March 2014
A Particulars of Shareholding          
1 Public Shareholding          
  (a) Number of Shares 960874 960874 960874 960874 960874
  (b) Percentage of Shareholding 25.12 % 25.12 % 25.12 % 25.12 % 25.12 %
             
2 Promoters and Promoters group share-holding:          
  (a) Pledged / Encumbered Nil Nil Nil Nil Nil
             
  (b) Non – Encumbered          
             
  - Number of Shares 2864126 2864126 2864126 2864126 2864126
             
  - Percentage of Shares (as a % of the total shareholding of promoter & promoter group) 100% 100% 100% 100% 100%
             
  - Percentage of Shares (as a % of the total share capital of the Company) 74.88% 74.88% 74.88% 74.88% 74.88%

B Investor Complaints: Quarter ended 31st March 2014
  Pending at the beginning of the Quarter Nil
  Received during the Quarter 1
  Diposed off during the Quarter 1
  Remaining Unresolved at the end of the Quarter Nil



Statement of Assets and Liabilities :   (Rs. In Lakhs)
    As at 31-03-2014 As at 31-03-2013
A Equity & Liabilities :    
1 Share holder's Funds    
  (a) Share capital 382.50 382.50
  (b) Reserves and surplus 13363.56 13291.06
  Sub total - Shareholder's funds 13746.06 13673.56
       
2 Non Current Liabilities    
  (a) Long-term borrowings 103.50 124.00
  (b) Deferred tax liabilities (net) 383.36 362.42
  (c) Long term Provisions 124.80 77.71
  Sub total - Non Current Liabilities 611.66 564.13
       
3 Current Liabilities    
  (a) Trade payables 1084.12 1098.21
  (b) Other current liabilities 735.24 725.13
  (c) Short term provisions 453.05 495.10
  Sub total - Current Liabilities 2272.41 2318.44
       
  Total Equity and Liabilities 16630.13 16556.13
B Assets    
  Non current assets    
  (a) Fixed assets 3983.25 3786.50
  (b) Non current investments 1484.43 1053.95
  (c) Long term loans and advances 101.15 169.20
  (d) Other non current assets 455.00 664.00
  Sub total - Non current assets 6023.83 5673.65
       
  Current assets    
  (a) Current investments 550.79 469.26
  (b) Inventories 4017.45 5242.03
  (c) Trade receivables 3335.31 3488.07
  (d) Cash and cash equivalents 630.57 562.45
  (e) Short term loans and advances 745.13 637.96
  (f) Other current assets 1327.05 482.71
  Sub total - Current assets 10606.30 10882.48
       
  Total Assets 16630.13 16556.13
   


Distribution of Share-holding pursuant to Clause 54 of the Listing Agreement as on 31-03-2014

No. Name of the category Total No. of shares % to total share capital
1 Bodies Corporate in the same Management 2863926 74.87
2 Directors 600 0.02
3 Public Financial Institutions 209 0.01
4 Non - Residents 7889 0.20
5 Other Bodies Corporate 34072 0.89
6 Other Resident Public Shareholders 918304 24.01
  Total 3825000 100.00
For all investor related queries, please contact : Mr.K.Vidhya Shankar, DGM & Company Secretary / Complaince Officer
Phone - (0422) 222 1159 / +91 97902 46890 / vidhyashankar@bimite.co.in

 
BIMETAL BEARINGS LIMITED
( A Member of Amalgamations Group)
Regd.Office:"Huzur Gardens", Sembiam, Chennai 600011
 
Statement of Unaudited Financial Results for the Quarter and Nine Months ended 31st December 2013

Sl.
No
.
Particulars Quarter Ended Nine Months ended Year Ended
31-12-2013 30-09-2013 31-12-2012 31-12-2013 31-12-2012 31-03-2013
Unaudited Unaudited Unaudited Unaudited Unaudited Audited
01 Income from Operations            
  (a) Net Sales (Net of Excise Duty) 3201.00 3691.85 3571.22 10304.36 11541.47 15592.06
               
  (b) Other Operating Income 115.79 147.51 135.67 385.10 411.92 541.09
               
  Total Income from operations (Net) 3316.79 3839.36 3706.89 10689.46 11953.39 16133.15
               
02 Expenses            
  (a) Cost of Materials Consumed 1848.86 2122.95 2027.64 5941.12 6602.27 8752.92
  (b) Purchase of Stock in Trade - - - - - -
  (c) Changes in Inventories of Finished Goods, Work in Progress & Stock in Trade -8.13 -81.30 -120.50 -133.74 -611.14 -185.98
  (d) Employee Benefits Expense 494.55 510.30 508.94 1509.50 1571.42 2013.27
  (e) Depreciation and amortisation Expense 114.20 110.56 103.73 332.12 305.94 422.57
  (f) Power and Fuel 262.88 293.42 411.63 919.24 1227.75 1549.44
  (g) Other expenditure 690.68 723.63 760.34 2152.34 2434.84 3104.19
   Total Expenses 3403.04 3679.56 3691.78 10720.58 11531.08 15656.41
               
03 Profit / (-) Loss from Operations before other Income, Finance Costs & Exceptional items (1-2) -86.25 159.80 15.11 -31.12 422.31 476.74
               
04 Other Income 103.78 125.95 93.44 366.09 255.63 462.17
               
05 Profit / (-) Loss from ordinary activities before finance costs and exceptional items (3+4) 17.53 285.75 108.55 334.97 677.94 938.91
               
06 Finance Costs 5.40 5.89 7.85 16.60 21.99 30.38
               
07 Profit / (-) Loss from ordinary activities after finance costs but before exceptional items (5-6) 12.13 279.86 100.70 318.37 655.95 908.53
               
08 Exceptional items - - - - - -
               
05 Profit / (-) Loss from ordinary activities before Tax (7-8) 12.13 279.86 100.70 318.37 655.95 908.53
               
10 Tax Expense -8.70 90.25 35.14 90.00 205.06 232.83
               
11 Net Profit / (-) Loss from Ordinary activities after Tax (9-10) 20.83 189.61 65.56 228.37 450.89 675.70
               
12 Extra ordinary items - (Net of Tax expenses) - - - - - -
               
13 Net Profit / (-) Loss for the period (11-12) 20.83 189.61 65.56 228.37 450.89 675.70
               
14 Paid up Equity Share Capital (Face Value of Rs.10/- each) 382.50 382.50 382.50 382.50 382.50 382.50
               
15 Reserves Excluding Revaluation Reserves as per Balance Sheet of Previous accounting year - - - - - 13291.06
               
16(i) Earnings per share (before extraordinary items) (not annualised)
           
  (a) Basic Rs.0.54 Rs.4.96 Rs.1.71 Rs.5.97 Rs.11.79 Rs.17.67
  (b) Diluted Rs.0.54 Rs.4.96 Rs.1.71 Rs.5.97 Rs.11.79 Rs.17.67
               
16(ii) Earnings per share (after extraordinary items) (not annualised)
           
  (a) Basic Rs.0.54 Rs.4.96 Rs.1.71 Rs.5.97 Rs.11.79 Rs.17.67
  (b) Diluted Rs.0.54 Rs.4.96 Rs.1.71 Rs.5.97 Rs.11.79 Rs.17.67

PART - II

Select Information for the Quarter and Nine months ended 31st December 2013
A Particulars of Shareholding            
1 Public Shareholding            
  (a) Number of Shares 960874 960874 960874 960874 960874 960874
  (b) Percentage of Shareholding 25.12 % 25.12 % 25.12 % 25.12 % 25.12 % 25.12 %
               
2 Promoters and Promoters group share-holding:            
  (a) Pledged / Encumbered Nil Nil Nil Nil Nil Nil
               
  (b) Non – Encumbered            
               
  - Number of Shares 2864126 2864126 2864126 2864126 2864126 2864126
               
  - Percentage of Shares (as a % of the total shareholding of promoter & promoter group) 100% 100% 100% 100% 100% 100%
               
  - Percentage of Shares (as a % of the total share capital of the Company) 74.88% 74.88% 74.88% 74.88% 74.88% 74.88%

B Investor Complaints: Quarter ended 31st December 2013
  Pending at the beginning of the Quarter Nil
  Received during the Quarter Nil
  Diposed off during the Quarter Nil
  Remaining Unresolved at the end of the Quarter Nil

1 The above unaudited financials were reviewed and recommended by the Audit committee and approved by the Board of Directors at their meeting held on 13th February 2014 and limited review of the same has been carried out by statutory auditors of the Company.
   
2 The Previous period figures have been re-grouped / reclassified wherever necessary to conform to the classification for this quarter.
   
3 The business activities reflected in the above financial results comprise of manufacture and sale of plain shaft Bearings. Accordingly, there is no other reportable primary business segment as per Accounting Standard 17 (Segment Reporting).

Distribution of Share-holding pursuant to Clause 54 of the Listing Agreement as on 31-12-2013

No. Name of the category Total No. of shares % to total share capital
1 Promoters & their relatives 2864126 74.88
2 Banks, Financial Institutions, Insurance Companies, Mutual funds etc., 209 0.01
3 Non Resident Indians 7368 0.19
4 Bodies corporate 31747 0.83
5 Others 921550 24.09
  Total 3825000 100.00
For all investor related queries, please contact : Mr.K.Vidhya Shankar, DGM & Company Secretary / Complaince Officer
Phone - (0422) 222 2228 / vidhyashankar@bimite.co.in


 
BIMETAL BEARINGS LIMITED
( A Member of Amalgamations Group)
Regd.Office:"Huzur Gardens", Sembiam, Chennai 600011
 
Unaudited Financial Results for the Quarter ended  30th September 2013

Sl.
No
.
Particulars Quarter Ended Half year ended Year Ended
30-09-2013 30-06-2013 30-09-2012 30-09-2013 30-09-2012 31-03-2013
Unaudited Unaudited Unaudited Unaudited Unaudited Audited
01 (a) Net Sales –(Net of Excise Duty) 3691.85 3411.50 3857.94 7103.35 7970.26 15592.06
               
  (b) Other Operating Income 147.51 121.80 136.49 269.31 276.24 541.09
               
  Total Income from operations (Net) 3839.36 3533.30 3994.43 7372.66 8246.50 16133.15
               
02 Expenses            
  (a) Cost of Materials Consumed 2122.95 1969.31 2238.69 4092.26 4574.63 8752.92
  (b) Purchase of Stock in Trade - - - - - -
  (c) Changes in Inventories of Finished Goods, Work in Progress & Stock in Trade -81.30 -44.32 -214.78 -125.62 -490.64 -185.98
  (d) Employee Benefits Expense 510.30 504.65 524.81 1014.95 1062.48 2013.27
  (e) Depreciation and amortisation Expense 110.56 107.37 103.62 217.93 202.21 422.57
  (f) Power and Fuel 293.42 362.95 410.25 656.37 816.12 1549.44
  (g) Other expenditure 723.63 738.01 838.05 1461.64 1674.50 3104.19
    Total Expenses 3679.56 3637.97 3900.64 7317.53 7839.30 15656.41
               
03 Profit / (Loss) from Operations before other Income, Finance Costs and Exceptional items (1-2) 159.80 -104.67 93.79 55.13 407.20 476.74
               
04 Other Income 125.95 136.36 43.28 262.31 162.19 462.17
               
05 Profit from ordinary activities before finance costs and exceptional items (3+4) 285.75 31.69 137.07 317.44 569.39 938.91
               
06 Finance Costs 5.89 5.31 7.41 11.20 14.14 30.38
               
07 Profit from ordinary activities after finance costs but before exceptional items (5-6) 279.86 26.38 129.66 306.24 555.25 908.53
               
08 Exceptional items - - - - - -
               
05 Profit from ordinary activities before Tax (7-8) 279.86 26.38 129.66 306.24 555.25 908.53
               
10 Tax Expense 90.25 8.45 30.11 98.70 169.92 232.83
               
11 Net Profit from Ordinary activities after Tax (9-10) 189.61 17.93 99.55 207.54 385.33 675.70
               
12 Extra ordinary items - (Net of Tax expenses) - - - - - -
               
13 Net Profit for the period (11-12) 189.61 17.93 99.55 207.54 385.33 675.70
               
14 Paid up Equity Share Capital (Face Value of Rs.10/- each) 382.50 382.50 382.50 382.50 382.50 382.50
               
15 Reserves Excluding Revaluation Reserves as per Balance Sheet of Previous accounting year - - - - - 13291.06
               
16(i) Earnings per share (before extraordinary items) (not annualised)
           
  (a) Basic Rs.4.96 Rs.0.47 Rs.2.60 Rs.5.43 Rs.10.07 Rs.17.67
  (b) Diluted Rs.4.96 Rs.0.47 Rs.2.60 Rs.5.43 Rs.10.07 Rs.17.67
               
16(ii) Earnings per share (after extraordinary items) (not annualised)
           
  (a) Basic Rs.4.96 Rs.0.47 Rs.2.60 Rs.5.43 Rs.10.07 Rs.17.67
  (b) Diluted Rs.4.96 Rs.0.47 Rs.2.60 Rs.5.43 Rs.10.07 Rs.17.67

PART - II

Select Information for the Quarter and Three months ended 30th September 2013
A Particulars of Shareholding            
1 Public Shareholding            
  (a) Number of Shares 960874 960874 960874 960874 960874 960874
  (b) Percentage of Shareholding 25.12 % 25.12 % 25.12 % 25.12 % 25.12 % 25.12%
               
2 Promoters & Promoters group share-holding:            
  (a) Pledged / Encumbered Nil Nil Nil Nil Nil Nil
               
  (b) Non – Encumbered            
               
  - Number of Shares 2864126 2864126 2864126 2864126 2864126 2864126
               
  - Percentage of Shares (as a % of the total shareholding of promoter & promoter group) 100% 100% 100% 100% 100% 100%
               
  - Percentage of Shares (as a % of the total share capital of the Company) 74.88% 74.88% 74.88% 74.88% 74.88% 74.88%

B Investor Complaints for the Quarter ended 30th September 2013
  Pending at the beginning of the Quarter Nil
  Received during the Quarter 7
  Diposed off during the Quarter 7
  Remaining Unresolved at the end of the Quarter Nil


Statement of Assets and Liabilities :   (Rs. In Lakhs)
    As at 30-09-2013 As at 31-03-2013
A Equity & Liabilities :    
1 Share holder's Funds    
  (a) Share capital 382.50 382.50
  (b) Reserves and surplus 13498.60 13291.06
  Sub total - Shareholder's funds 13881.10 13673.56
       
2 Non Current Liabilities    
  (a) Long-term borrowings 132.50 124.00
  (b) Deferred tax liabilities (net) 363.04 362.42
  (c) Long term Provisions 77.71 77.71
  Sub total - Non Current Liabilities 573.25 564.13
       
3 Current Liabilities    
  (a) Trade payables 1027.36 1098.21
  (b) Other current liabilities 732.64 725.13
  (c) Short term provisions 123.13 495.10
  Sub total - Current Liabilities 1883.13 2318.44
       
  Total Equity and Liabilities 16337.48 16556.13
B Assets    
  Non current assets    
  (a) Fixed assets 4013.88 3786.50
  (b) Non current investments 1522.21 1053.95
  (c) Long term loans and advances 125.99 169.20
  (d) Other non current assets 510.00 664.00
  Sub total - Non current assets 6172.08 5673.65
       
  Current assets    
  (a) Current investments 400.32 469.26
  (b) Inventories 4325.69 5242.03
  (c) Trade receivables 3218.13 3488.07
  (d) Cash and cash equivalents 978.75 562.45
  (e) Short term loans and advances 623.46 637.96
  (f) Other current assets 619.05 482.71
  Sub total - Current assets 10165.40 10882.48
       
  Total Assets 16337.48 16556.13
   
1 The above unaudited financials were reviewed and recommended by the Audit committee and approved by the Board of Directors at their meeting held on 14th November 2013 and limited review of the same has been carried out by statutory auditors of the Company.
   
2 The Previous period figures have been re-grouped / reclassified wherever necessary to conform to the classification for this quarter.
   
3 The business activities reflected in the above financial results comprise of manufacture and sale of plain shaft Bearings. Accordingly, there is no other reportable primary business segment as per Accounting Standard 17 (Segment Reporting).
  Chennai

Distribution of Share-holding pursuant to Clause 54 of the Listing Agreement as on 30-09-2013

No. Name of the category Total No. of shares % to total share capital
1 Promoters & their relatives 2864126 74.88
2 Banks, Financial Institutions, Insurance Companies, Mutual funds etc., 209 0.01
3 Non Resident Indians 7750 0.20
4 Bodies corporate 31998 0.84
5 Others 920917 24.07
  Total 3825000 100.00
For all investor related queries, please contact : Mr.K.Vidhya Shankar, DGM & Company Secretary / Complaince Officer
Phone - (0422) 222 2228 / vidhyashankar@bimite.co.in


 
BIMETAL BEARINGS LIMITED
( A Member of Amalgamations Group)
Regd.Office:"Huzur Gardens", Sembiam, Chennai 600011
 
Audited Financial Results for the Quarter ended  30th June 2013

Sl.
No
.
INCOME/EXPENDITURE Quarter Ended Year Ended
30-06-2013 31-03-2013 30-06-2012 31-03-2013
Unaudited Unaudited Unaudited Unaudited
01 (a) Net Sales –(Net of Excise Duty) 3411.50 4046.83 4112.32 15592.06
           
  (b) Other Operating Income 113.35 112.68 128.28 485.27
           
  Total Income from operations (Net) 3524.85 4159.51 4240.60 16077.33
           
02 Expenses        
  (a) Cost of Materials Consumed 1969.31 2150.66 2335.94 8752.92
  (b) Purchase of Stock-In-Trade - - - -
  (c) Changes in Inventories of Finished Goods, WIP & Stock-in-Trade -44.32 425.16 -275.86 -185.98
  (d) Employee Benefits Expense 504.65 443.29 537.67 2013.27
  (e) Depreciation / Amortisation Expense 107.37 116.63 98.59 422.57
  (f) Power & Fuel 362.95 321.69 405.87 1549.44
  (g) Other expenditure 738.01 664.14 836.45 3104.19
    Total 3637.97 4121.57 3938.66 15656.41
           
03 Other Income 144.81 223.03 130.38 517.99
           
04 Financial Costs 5.31 8.39 6.73 30.38
           
05 Tax Expenses 8.45 27.78 139.81 232.83
           
06 Net Profit from Ordinary Items 17.93 224.80 285.78 675.70
           
07 Extra ordinary items - (net of tax expenses) ------ ------ ------  
           
08 Net Profit for the period 17.93 224.80 285.78 675.70
           
09 Paid – up Equity Share Capital (Face Value of Rs.10/- each) 382.50 382.50 382.50 382.50
           
10 Reserves (Excluding Revaluation Reserve) --- --- --- 13291.06
           
11 Basic & Diluted Earnings per Share - Not Annualised
Rs.0.47 Rs.5.88 Rs.7.47 Rs.17.67
           
12 Public Shareholding        
  Number of Shares 960874 960874 960874 960874
  Percentage of Shareholding 25.12 % 25.12 % 25.12 % 25.12%
           
14 Promoters & Promoters group share-holding: --- --- --- ---
  Pledged / Encumbered Nil Nil Nil Nil
  Non – Encumbered Number of Shares 2864126 2864126 2864126 2864126
           
  Percentage of Share        
  (as a % of the total shareholding of promoter & promoter group) 100% 100% 100% 100%
           
  Percentage of Shares        
  (as a % of the total share capital of the Company) 74.88% 74.88% 74.88% 74.88%

Investor Complaints:  
Pending at the beginning of the Quarter Nil
Received during the Quarter 2
Diposed off during the Quarter 2
Remaining Unresolved at the end of the Quarter Nil

Distribution of Share-holding pursuant to Clause 54 of the Listing Agreement as on 30-06-2013

No. Name of the category Total No. of shares % to total share capital
01. Promoters & their relatives 2864126 74.88
02. Banks, Financial Institutions, Insurance Companies, Mutual funds etc., 209 0.01
03. Non Resident Indians 8029 0.21
04. Bodies corporate 32331 0.85
05. Others 920305 24.05
  Total 3825000 100.00

For all investor related queries, please contact : Mr.K.Vidhya Shankar, DGM & Company Secretary / Complaince Officer
Phone - (0422) 222 2228 / vidhyashankar@bimite.co.in



 
BIMETAL BEARINGS LIMITED
( A Member of Amalgamations Group)
Regd.Office:"Huzur Gardens", Sembiam, Chennai 600011
 
Audited Financial Results for the Quarter ended  31st March 2013

Sl.
No
.
INCOME/EXPENDITURE Unaudited - Quarter Ended Audited - Year Ended
31-03-2013 31-12-2012 31-03-2012 31-03-2013 31-03-2012
Unaudited Unaudited Unaudited Unaudited Audited
01 (a) Net Sales –(Net of Excise Duty) 4046.83 3576.16 42.98.08 15592.06 16767.44
             
  (b) Other Operating Income 122.68 122.62 149.13 485.27 524.79
             
  Total Income from operations (Net) 4159.51 3698.78 4447.21 16077.33 17292.23
             
02 Expenses          
  (a) Cost of Materials Consumed 2150.66 2027.64 2303.04 8752.92 9104.18
  (b) Purchase of Stock-In-Trade - - - - 52.90
  (c) Changes in Inventories of Finished Goods, WIP & Stock-in-Trade 425.16 -120.50 39.31 -185.98 -148.52
  (d) Employee Benefits Expense 443.29 508.29 445.70 2013.27 1956.65
  (e) Depreciation / Amortisation Expense 116.63 103.73 98.18 422.57 405.73
  (f) Power & Fuel 321.69 411.63 372.48 1549.44 1373.45
  (g) Other expenditure 664.14 765.94 887.07 3104.19 3183.15
    Total 4121.57 3696.73 4145.78 15656.41 15927.54
             
03 Other Income 223.03 106.50 161.86 517.99 563.65
             
04 Financial Costs 8.39 7.85 8.78 30.38 48.66
             
05 Exceptional Items - - - - -
             
06 Tax Expenses 27.78 35.14 135.89 232.83 594.63
             
07 Extra-Ordinary items ------ ------ ------   ------
             
08 Net Profit for the period 224.80 65.56 318.62 675.70 1285.05
             
09 Paid – up Equity Share Capital (Face Value of Rs.10/- each) 382.50 382.50 382.50 382.50 382.50
             
10 Reserves (Excluding Revaluation Reserve) --- --- --- 13291.06 13018.12
             
11 Earnings per Share (Before extra-ordinary items) - Not Annualised
a) Basic
b)Diluted


Rs.5.88
Rs.5.88


Rs.1.71
Rs.1.71


Rs.8.33
Rs.8.33


Rs.17.67
Rs.17.67


Rs.33.60
Rs.33.60
             
12 Earnings per Share (After extra-ordinary items) - Not Annualised
a) Basic
b)Diluted


Rs.5.88
Rs.5.88


Rs.1.71
Rs.1.71


Rs.8.33
Rs.8.33


Rs.17.67
Rs.17.67


Rs.33.60
Rs.33.60
             
13 Public Shareholding          
  Number of Shares 960874 960874 960874 960874 960874
  Percentage of Shareholding 25.12 % 25.12 % 25.12 % 25.12% 25.12 %
             
14 Promoters & Promoters group share-holding: --- --- --- --- ---
  Pledged / Encumbered Nil Nil Nil Nil Nil
  Non – Encumbered Number of Shares 2864126 2864126 2864126 2864126 2864126
             
  Percentage of Share          
  (as a % of the total shareholding of promoter & promoter group) 100% 100% 100% 100% 100%
             
  Percentage of Shares          
  (as a % of the total share capital of the Company) 74.88% 74.88% 74.88% 74.88% 74.88%

Investor Complaints:  
Pending at the beginning of the Quarter Nil
Received during the Quarter 1
Diposed off during the Quarter 1
Remaining Unresolved at the end of the Quarter Nil

Statement of Assets and Liabilities :                                                                             (Rs. In Lakhs)

  As at 31-03-2013 As at 31-03-2012
Equity & Liabilities :    
Share holdes' Funds    
Share Capital 382.50 382.50
Reserve & Surplus 13291.06 13018.12
Non Current Liabilities    
Long Term borrowings 124.00 68.50
Deferred Tax Liability (Net) 362.42 368.63
Long Term provisions 77.71 64.14
Current Liabilities    
Trade Payables 1098.21 1119.65
Other current liabilities 725.13 990.37
Short term provisions 495.10 552.49
Total Equity and Liabilities 16556.13 16564.40
Assets    
Non current assets    
Fixed assets 3786.50 3531.39
Non current investments 1053.95 1288.04
Long term loans & advances 169.20 119.82
Other non current assets 664.00 864.00
Current assets    
Current investments 469.26 280.04
Inventories 5242.03 5027.17
Trade Receivables 3488.07 4004.80
Cash & Cash Equivalents 562.45 603.55
Short term loans & advances 637.96 560.65
Other current assets 482.71 284.94
Total Assets 16556.13 16564.40

Distribution of Share-holding pursuant to Clause 54 of the Listing Agreement as on 31-03-2013

No. Name of the category Total No. of shares % to total share capital
01. Promoters & their relatives 2864126 74.88%
02. Banks, Financial Institutions, Insurance Companies, Mutual funds etc., 209 0.01%
03. Non Resident Indians 7364 0.19%
04. Bodies corporate 56765 1.48%
05. Others 896536 23.44%
  Total 3825000 100.00%

For all investor related queries, please contact : Mr.K.Vidhya Shankar, DGM & Company Secretary / Complaince Officer
Phone - (0422) 222 2228 / vidhyashankar@bimite.co.in



 
BIMETAL BEARINGS LIMITED
( A Member of Amalgamations Group)
Regd.Office:"Huzur Gardens", Sembiam, Chennai 600011
 
Unaudited Financial Results for the Quarter ended  31st December 2012

Sl.
No
.
INCOME/EXPENDITURE Quarter Ended Nine months Ended Year Ended
31-12-2012 30-09-2012 31-12-2011 31-12-2012 31-12-2011 31-03-2012
Unaudited Unaudited Unaudited Unaudited Unaudited Audited
01 (a) Net Sales –(Net of Excise Duty) 3621.24 3977.38 4295.71 11772.10 12636.47 17004.71
               
  (b) Other Operating Income 122.62 121.69 107.07 372.59 375.66 524.79
               
  Total Income from operations (Net) 3743.86 4099.07 4402.78 12144.69 13012.13 17529.50
               
02 Expenses            
  (a) Cost of Materials Consumed 2027.64 2238.69 2289.87 6602.27 6801.14 9104.18
  (b) Purchase of Stock-In-Trade - - - - 52.90 52.90
  (c) Changes in Inventories of Finished Goods, WIP & Stock-in-Trade -120.50 -214.78 21.74 -611.14 -187.83 -148.52
  (d) Employee Benefits Expense 508.29 524.32 522.38 1569.98 1508.90 1954.60
  (e) Depreciation / Amortisation Expense 103.73 103.62 104.73 305.94 307.55 405.73
  (f) Power & Fuel 411.63 410.25 321.69 1227.75 1000.97 1373.45
  (g) Other expenditure 811.02 957.98 858.92 2666.91 2465.24 3422.47
    Total 3741.81 4020.08 4119.33 11761.71 11948.87 16164.81
               
03 Other Income 106.50 58.08 191.92 294.96 401.79 563.65
               
04 Financial Costs 7.85 7.41 15.94 21.99 39.87 48.66
               
05 Exceptional Items - - - - - -
               
06 Tax Expenses 35.14 30.11 149.44 205.06 458.74 594.63
               
07 Extra-Ordinary items ------ ------ ------     ------
               
08 Net Profit for the period 65.56 99.55 309.99 450.89 966.44 1285.05
               
09 Paid – up Equity Share Capital (Face Value of Rs.10/- each) 382.50 382.50 382.50 382.50 382.50 382.50
               
10 Reserves (Excluding Revaluation Reserve) --- --- ---     13018.12
               
11 Earnings per Share (Before extra-ordinary items) - Not Annualised
a) Basic
b)Diluted


Rs.1.71
Rs.1.71


Rs.2.60
Rs.2.60


Rs.8.10
Rs.8.10


Rs.11.79
Rs.11.79


Rs.25.27
Rs.25.27


Rs.33.60
Rs.33.60
               
12 Earnings per Share (After extra-ordinary items) - Not Annualised
a) Basic
b)Diluted


Rs.1.71
Rs.1.71


Rs.2.60
Rs.2.60


Rs.8.10
Rs.8.10


Rs.11.79
Rs.11.79


Rs.25.27
Rs.25.27


Rs.33.60
Rs.33.60
               
13 Public Shareholding            
  Number of Shares 960874 960874 999124 960874 999124 960874
  Percentage of Shareholding 25.12 % 25.12 % 26.12 % 25.12% 26.12% 25.12 %
               
14 Promoters & Promoters group share-holding: --- --- --- --- --- ---
  Pledged / Encumbered Nil Nil Nil Nil Nil Nil
  Non – Encumbered Number of Shares 2864126 2864126 2825876 2864126 2825876 2864126
               
  Percentage of Share            
  (as a % of the total shareholding of promoter & promoter group) 100% 100% 100% 100% 100% 100%
               
  Percentage of Shares            
  (as a % of the total share capital of the Company) 74.88% 74.88% 73.88% 74.88% 73.88% 74.88%

Investor Complaints:  
Pending at the beginning of the Quarter Nil
Received during the Quarter Nil
Diposed off during the Quarter Nil
Remaining Unresolved at the end of the Quarter Nil



Distribution of Share-holding pursuant to Clause 54 of the Listing Agreement as on 31-12-2012

No. Name of the category Total No. of shares % to total share capital
01. Promoters & their relatives 2864126 74.88%
02.

Banks, Financial Institutions, Insurance Companies, Mutual funds etc.,

209 0.01%
03. Non Resident Indians 8826 0.23%
04. Bodies corporate 73046 1.91%
05. Others 878793 22.97%
  Total 3825000 100.00%

For all investor related queries, please contact : Mr.K.Vidhya Shankar, DGM & Company Secretary / Complaince Officer
Phone - (0422) 222 2228 / vidhyashankar@bimite.co.in





 
BIMETAL BEARINGS LIMITED
( A Member of Amalgamations Group)
Regd.Office:"Huzur Gardens", Sembiam, Chennai 600011
 
Unaudited Financial Results for the Quarter ended  30th Septtember 2012

Sl.
No
.
INCOME/EXPENDITURE Quarter Ended Half-Year Ended Year Ended
30-09-2012 30-06-2012 30-09-2011 30-09-2012 30-09-2011 31-03-2012
Unaudited Unaudited Unaudited Unaudited Unaudited Audited
01 (a) Net Sales –(Net of Excise Duty) 3977.38 4173.48 4496.28 8150.86 8340.76 17004.71
               
  (b) Other Operating Income 121.69 128.28 140.64 249.97 268.59 524.79
               
  Total Income from operations (Net) 4099.07 4301.76 4636.92 8400.83 8609.35 17529.50
               
02 Expenses            
  (a) Cost of Materials Consumed 2238.69 2335.94 2281.22 4574.63 4467.03 9104.18
  (b) Purchase of Stock-In-Trade - - 14.62 - 52.90 52.90
  (c) Changes in Inventories of Finished Goods, WIP & Stock-in-Trade -214.78 -275.86 70.27 -490.64 -165.33 -148.52
  (d) Employee Benefits Expense 524.32 537.37 511.06 1061.69 986.52 1954.60
  (e) Depreciation / Amortisation Expense 103.62 98.59 99.95 202.21 202.82 405.73
  (f) Power & Fuel 410.25 405.87 343.28 816.12 679.28 1373.45
  (g) Other expenditure 957.98 897.91 857.65 1855.89 1606.32 3422.47
    Total 4020.08 3999.82 4178.05 8019.90 7829.54 16164.81
               
03 Other Income 58.08 130.38 110.78 188.46 209.87 563.65
               
04 Financial Costs 7.41 6.73 19.55 188.46 209.87 563.65
               
05 Exceptional Items -   - - - -
               
06 Tax Expenses 30.11 139.81 173.88 169.92 309.30 594.63
               
07 Extra-Ordinary items ------ ------ ------     ------
               
08 Net Profit for the period 99.55 285.78 376.22 385.33 656.45 1285.05
               
09 Paid – up Equity Share Capital (Face Value of Rs.10/- each) 382.50 382.50 382.50 382.50 382.50 382.50
               
10 Reserves (Excluding Revaluation Reserve) --- --- ---     13018.12
               
11 Earnings per Share (Before extra-ordinary items) - Not Annualised
a) Basic
b)Diluted


Rs.2.60
Rs.2.60


Rs.7.47
Rs.7.47


Rs.9.84
Rs.9.84


Rs.10.07
Rs.10.07


Rs.17.16
Rs.17.16


Rs.33.60
Rs.33.60
               
12 Earnings per Share (After extra-ordinary items) - Not Annualised
a) Basic
b)Diluted


Rs.2.60
Rs.2.60


Rs.7.47
Rs.7.47


Rs.9.84
Rs.9.84


Rs.10.07
Rs.10.07


Rs.17.16
Rs.17.16


Rs.33.60
Rs.33.60
               
13 Public Shareholding            
  Number of Shares 960874 960874 999124 960874 999124 960874
  Percentage of Shareholding 25.12 % 25.12 % 26.12 % 25.12% 26.12% 25.12 %
               
14 Promoters & Promoters group share-holding: --- --- --- --- --- ---
  Pledged / Encumbered Nil Nil Nil Nil Nil Nil
  Non – Encumbered Number of Shares 2864126 2864126 2825876 2864126 2825876 2864126
               
  Percentage of Share            
  (as a % of the total shareholding of promoter & promoter group) 100% 100% 100% 100% 100% 100%
               
  Percentage of Shares            
  (as a % of the total share capital of the Company) 74.88% 74.88% 73.88% 74.88% 73.88% 74.88%

Investor Complaints:  
Pending at the beginning of the Quarter Nil
Received during the Quarter 7
Diposed off during the Quarter 7
Remaining Unresolved at the end of the Quarter Nil


Statement of Assets and Liabilities :                                                                             (Rs. In Lakhs)

  As at 30-09-2012 As at 31-03-2012
Equity & Liabilities :    
Share holdes' Funds    

Share Capital

382.50 382.50
Reserve & Surplus 13403.45 13018.12
Non Current Liabilities    
Long Term borrowings 78.50 68.50
Deferred Tax Liability (Net) 363.55 368.63
Current Liabilities    
Trade Payables 1321.08 1021.34
Other current liabilities 882.44 971.43
Short term provisions 255.59 733.88
Total Equity and Liabilities 16687.11 16564.40
Assets    
Non current assets    
Fixed assets 3666.17 3531.39
Non current investments 1193.85 1288.04
Long term loans & advances 139.78 119.82
Other non current assets 787.00 864.00
Current assets    
Current investments 615.98 280.04
Inventories 5166.34 5027.17
Trade Receivables 3453.23 4004.80
Cash & Cash Equivalents 648.95 603.55
Short term loans & advances 755.07 560.65
Other current assets 260.74 284.94
Total Assets 16687.11 16564.40

Distribution of Share-holding pursuant to Clause 54 of the Listing Agreement as on 30-09-2012

No. Name of the category Total No. of shares % to total share capital
01. Promoters & their relatives 2864126 74.88
02.

Banks, Financial Institutions, Insurance Companies, Mutual funds etc.,

209 0.01
03. Non Resident Indians 9006 0.24
04. Bodies corporate 59715 1.56
05. Others 891944 23.31
  Total 3825000 100.00

For all investor related queries, please contact : Mr.K.Vidhya Shankar, DGM & Company Secretary / Complaince Officer
Phone - (0422) 222 2228 / vidhyashankar@bimite.co.in





 
BIMETAL BEARINGS LIMITED
( A Member of Amalgamations Group)
Regd.Office:"Huzur Gardens", Sembiam, Chennai 600011
 
Unaudited Financial Results for the Quarter ended  30th June 2012

Sl.
No
.
INCOME/EXPENDITURE UNAUDITED AUDITED
Quarter ended Year ended
30-06-2012 31-03-2012 30-06-2011 31-03-2012
01 (a) Net Sales –(Net of Excise Duty) 4173.48 4368.24 3844.48 17004.71
           
  (b) Other Operating Income 128.28 149.13 127.95 524.79
           
  Total Income from operations (Net) 4301.76 4517.37 3972.43 17529.50
           
02 Expenses        
  (a) Cost of Materials Consumed 2335.94 2303.04 2185.81 9104.18
  (b) Purchase of Stock-In-Trade - - 38.29 52.90
  (c) Changes in Inventories of Finished Goods, WIP & Stock-in-Trade -275.86 39.31 -235.61 -148.52
  (d) Employee Benefits Expense 537.37 445.70 475.46 1954.60
  (e) Depreciation / Amortisation Expense 98.59 98.18 102.87 405.73
  (f) Power & Fuel 405.87 372.48 336.00 1373.45
  (g) Other expenditure 897.91 957.23 748.67 3422.47
    Total 3999.82 4215.94 3651.49 16164.81
           
03 Other Income 130.68 161.86 99.09 563.65
           
04 Financial Costs 6.73 8.78 4.38 48.66
           
05 Tax Expenses 139.81 135.89 135.42 594.63
           
06 Net Profit from ordinary Activities after Tax 285.78 318.62 280.23 1285.05
           
07 Extra-Ordinary items (net of tax Expenses) ------ ------ ------ ------
           
08 Net Profit for the period 285.78 318.62 280.23 1285.05
           
09 Paid – up Equity Share Capital (Face Value of Rs.10/- each) 382.50 382.50 382.50 382.50
           
10 Reserves (Excluding Revaluation Reserve) --- --- --- 13018.11
           
11 Basic and Diluted earnings per share (not annualised) Rs.7.47 Rs.8.33 Rs.7.33 Rs.33.60
           
12 Public Shareholding        
  Number of Shares 960874 960874 999124 960874
  Percentage of Shareholding 25.12 % 25.12 % 26.12 % 25.12 %
           
13 Promoters & Promoters group share-holding: --- --- --- ---
  Pledged / Encumbered Nil Nil Nil Nil
  Non – Encumbered Number of Shares 2864126 2864126 2825876 2864126
           
  Percentage of Share        
  (as a % of the total shareholding of promoter & promoter group) 100% 100% 100% 100%
           
  Percentage of Shares        
  (as a % of the total share capital of the Company) 74.88% 74.88% 73.88% 74.88%

Investor complaints at the beginning of the quater Nil
Investor complaints received during the quater Nil
Investor complaints disposed during the quater Nil
Investor complaints at the end of the quater Nil


Distribution of Share-holding pursuant to Clause 54 of the Listing Agreement as on 30-6-2012

No. Name of the category Total No. of shares % to total share capital
01. Promoters & their relatives 2877972 75.24
02.

Banks, Financial Institutions, Insurance Companies, Mutual funds etc.,

17821 0.47
03. Non Resident Indians 8544 0.22
04. Bodies corporate 141104 3.69
05. Others 779559 20.38
  Total 3825000 100.00

For all investor related queries, please contact : Mr.K.Vidhya Shankar, DGM & Company Secretary / Complaince Officer
Phone - (0422) 222 2228 / vidhyashankar@bimite.co.in




 
BIMETAL BEARINGS LIMITED
( A Member of Amalgamations Group)
Regd.Office: "Huzur Gardens", Sembiam, Chennai 600011
 
Audited Financial Results for the Quarter and year ended  31st March 2012

Sl.
No
.
INCOME/EXPENDITURE UNAUDITED AUDITED
Quarter ended Year ended
31-03-2012 31-12-2011 31-03-2011
31-03-2012 31-03-2011
01 Sales – Net of Excise Duty 4368.24 4295.71 4016.88 17004.71 14481.18
             
  Other Operating Income 149.13 107.08 157.02 524.79 415.14
             
  Total Income from operations (Net) 4517.37 4402.79 4173.90 17529.50 14896.32
             
02 Total Expenditure          
  Inventory changes - Trade Stock / WIP & Finished Goods 39.31 21.74 34.19 (148.52) (252.79)
  Purchase of Stock-In-Trade - - - 52.90 50.81
  Cost of Materials consumed 2303.04 2289.87 1973.53 9104.18 7587.80
  Employee Benefits Expense 445.70 522.38 416.95 1954.60 1804.64
  Depreciation / Amortisation Expense 98.18 104.73 115.76 405.73 403.17
  Other Expenditure 1329.71 1180.61 1114.33 4795.92 4358.35
    Total 4215.94 4119.33 3654.76 16164.81 13951.98
             
03 Other Income 161.86 191.91 67.86 563.65 480.03
             
04 Financial Costs 8.78 15.94 16.07 48.66 51.53
             
05 Exceptional Items ------ ------ ------ ------ ------
             
06 Profit before Tax from ordinary activities 454.51 459.43 570.93 1879.68 1372.84
             
07 Tax Expenses 135.89 149.44 194.17 594.63 458.90
             
08 Net Profit from ordinary Activities after Tax 318.62 309.99 376.76 1285.05 913.94
             
09 Extra-Ordinary items (net of tax Expenses) ------ ------ ------ ------ ------
             
10 Net Profit for the period 318.62 309.99 376.76 1285.05 913.94
             
11 Share of profit / (Loss) of Associated ----- ----- ----- ----- ----
             
12 Minority Interest ------ ------ ------ ------ ------
             
13 Paid – up Equity Share Capital (Face Value of Rs.10/- each) 382.50 382.50 382.50 382.50 382.50
             
14 Reserves (Excluding Revaluation Reserve) --- --- --- 13018.12 12220.45
             
15 Basic and Diluted earnings per share (not annualised) Rs.8.33 Rs.8.10 Rs.9.85 Rs.33.60 Rs.23.89
             
16 Public Shareholding          
  Number of Shares 960874 999124 999124 960874 999124
  Percentage of Shareholding 25.12 % 26.12 % 26.12 % 25.12 % 26.12 %
             
17 Promoters & Promoters group share-holding: --- --- --- --- ---
  Pledged / Encumbered Nil Nil Nil Nil Nil
  Non – Encumbered Number of Shares 2864126 2825876 2825876 2864126 2825876
             
  Percentage of Share          
  (as a % of the total shareholding of promoter & promoter group) 100% 100% 100% 100% 100%
             
  Percentage of Shares          
  (as a % of the total share capital of the Company) 74.88% 73.88% 73.88% 74.88% 73.88%

Investor complaints at the beginning of the quater Nil
Investor complaints received during the quater 3 (three)
Investor complaints disposed during the quater 3 (three)
Investor complaints at the end of the quater Nil


 
BIMETAL BEARINGS LIMITED
( A Member of Amalgamations Group)
Regd.Office: "Huzur Gardens", Sembiam, Chennai 600011
 
Statement of Assets and Liabilities as on 31-03-2012

(Rs. in Lakhs)
Particulars Audited Audited
As at 31-03-2012 As at 31-03-2011
A Equity and Liabilities    
1 Share holders' Funds    
  a) Share Capital 382.50 382.50
  b) Reserves & Surplus 13018.12 12220.46
  c) Money received against share warrents

 

 
  Total 13400.62 12602.96
       
2 Share application money pending allotment    
3 Minority Interest *    
       
4 Non-Current Liabilities    
  a) Long Term Borrowings 68.50 103.50
  b) Deferred Tax Liabilities (Net) 368.63 379.00
  c) Other Long Term Liabilities -
-
  d) Long Term Provisions -
-
  Sub-Total (Non-Current Liabilities) 437.13 482.50
       
5 Current Liabilities    
  a) Trade Payables 1021.34 776.36
  b) Other Current Liabilities 971.43 783.00
  c) Short Term Provisions 733.88 720.03
  Sub Total (Current Liabilities) 2726.65 2279.39
  Total Equity and Liabilities 16564.40 15364.85
       
B Assets    
1 Non Current Assets    
  a) Fixed Assets 3531.39 3572.86
  b) Good will or Considation - -
  c) Non current Investments 1288.04 1684.40
  d) Deffered Tax Assets (Net) - -
  e) Long Term Loans & Advances 119.82 86.42
  f) Other Non-Current Assets 864.00 542.00
  Sub Total (Non Current Assets) 5803.25 5885.68
       
2 Current Assets    
  a) Current Investments 280.04 540.56
  b) Inventories 5027.17 3619.48
  c) Trade Receivables 4004.80 3187.01
  d) Cash & Cash Equivalents 603.55 557.72
  e) Short Term Loans & Advances 560.65 473.05
f) Other Current Assets 284.94 1101.35
  Sub Total (Current Assets) 10761.15 9479.17
  Total Assets 16564.40 15364.85
       
* Applicable in case of consolidated statement of assets & Liabilities.  

Distribution of Share-holding pursuant to Clause 54 of the Listing Agreement as on 31-03-2012 :

No. Name of the category Total No. of shares % to total share capital
01. Promoters & their relatives 2864126 74.88
02.

Banks, Financial Institutions, Insurance Companies, Mutual funds etc.,

22583 0.59
03. Non Resident Indians 7912 0.21
04. Bodies corporate 140897 3.68
05. Others 789482 20.64
  Total 3825000 100.00

For all investor related queries, please contact : Mr.K.Vidhya Shankar, DGM & Company Secretary/ Complaince Officer
Phone - (0422) 222 2228 / vidhyashankar@bimite.co.in



 
BIMETAL BEARINGS LIMITED
( A Member of Amalgamations Group)
Regd.Office:"Huzur Gardens", Sembiam, Chennai 600011
 
Unaudited Financial Results for the Quarter ended  31st December 2011

Sl.
No
.
INCOME/EXPENDITURE
UNAUDITED
AUDITED
Quarter ended
Nine Months ended
Year ended
31-12-2011 31-09-2011 31-12-2010 31-12-2011
31-12-2010 31-03-2011
01
Sales – Net of Excise Duty
4295.71 4496.28 3425.75 12636.47 10464.30 14481.18
               
 
Other Operating Income
237.97 167.67 165.80 569.07 411.56 568.58
               
  Total Income 4533.68
4663.95
3591.55
13205.54
10875.86
15049.76
               
02
Total Expenditure
           
 
Incr.(-)/Decr. in Stock-in-trade
21.74
26.04
-154.22
-187.83
-286.98
-252.79
 
Consumption of Raw Materials
2289.87
2340.07
1945.07
6854.04
5665.08
7638.61
 
Staff Cost
522.38
511.06
465.25
1508.90
1387.69
1804.64
 
Depreciation
104.73
99.95
100.14
307.55
287.41
403.17
 
Other Expenditure
1180.61
1200.93
1129.78
3466.21
3244.02
4358.35
 
  Total
4119.33
4178.05
3486.02
11948.87
10297.22
13951.98
             
03
Other Income
61.02
83.75
77.85
208.38
258.73
326.59
               
04
Interest
15.94
19.55
3.98
39.87
35.46
51.53
  Profit after Interest 459.43 550.10 179.40 1425.18 801.91 1372.84
05
Exceptional Items
--------
------
------
------
------
------
               
06
Profit before Tax from ordinary activities
459.43
550.10
179.40
1425.18
801.91
1372.84
               
07
Tax Expenses
 
 
Current
153.00
187.00
49.00
480.00
255.00
433.00
 
Deferred Tax
-3.56
-13.22
7.00
-21.26
9.73
25.90
               
08
Net Profit from ordinary Activities after Tax
309.99
376.22
123.40
966.44
537.18
913.94
               
09
Extra-Ordinary items (net of tax Expenses)
------
------
------
------
------
------
               
10
Net Profit for the period
309.99
376.22
123.40
966.44
537.18
913.94
               
11
Paid – up Equity Share Capital (Face Value of Rs.10/- each)
382.50
382.50
382.50
382.50
382.50
382.50
               
12
Reserves (Excluding Revaluation Reserve)
---
---
---
---
---
12220.45
               
13
Basic and Diluted earnings per share (not annualised)
           
  Before Extra-Ordinary Items Rs.8.10 Rs.9.84 Rs.3.23 Rs.25.77 Rs.14.04 Rs.23.89
  After Extra Ordinary Items Rs.8.10 Rs.9.84 Rs.3.23 Rs.25.77 Rs.14.04 Rs.23.89
               
14
Public Shareholding
           
 
Number of Shares
999124
999124
999124
999124
999124
999124
 
Percentage of Shareholding
26.12%
26.12 %
26.12 %
26.12 %
26.12 %
26.12 %
               
15
Promoters & Promoters group share-holding:
 
---
---
---
---
11260.06
 
Pledged / Encumbered
Nil
Nil
Nil
Nil
Nil
Nil
 
Non – Encumbered Number of Shares
2825876
2825876
2825876
2825876
2825876
2825876
               
 
Percentage of Share
           
 
(as a % of the total shareholding of promoter & promoter group)
100%
100%
100%
100%
100%
100%
               
 
Percentage of Shares
           
 
(as a % of the total share capital of the Company)
73.88%
73.88%
73.88%
73.88%
73.88%
73.88%

Distribution of Share-holding pursuant to Clause 54 of the Listing Agreement as on 31st December 2011:


No. Name of the category Total No. of shares % to total share capital
01. Promoters & their relatives 28,25,876 73.88
02.

Banks, Financial Institutions, Insurance Companies, Mutual funds etc.,

22,583 0.59
03. Non Resident Indians 8,206 0.21
04. Bodies corporate 1,82,434 4.77
05. Others 7,85,901 20.55
  Total 38,25,000 100.00

For all investor related queries, please contact : Mr.K.Vidhya Shankar, DGM & Company Secretary/ Complaince Officer
Phone - (0422) 222 2228 / vidhyashankar@bimite.co.in




 
BIMETAL BEARINGS LIMITED
( A Member of Amalgamations Group)
Regd.Office: "Huzur Gardens", Sembiam, Chennai 600011
 
Unaudited Financial Results for the Quarter ended  30th September 2011

Sl.
No
.
INCOME/EXPENDITURE
UNAUDITED
AUDITED
Quarter ended
Half year ended
Year ended
30-09-2011 30-09-2010 30-09-2011
30-09-2010 31-03-2011
01
Sales – Net of Excise Duty
4498.28 3948.94 8340.76 7038.55 14481.18
             
 
Other Operating Income
167.67 115.49 331.10 245.76 568.58
             
  Total Income 4663.95 4064.43 8671.86 7284.31 15049.76
             
02
Total Expenditure
         
 
Incr.(-)/Decr. in Stock-in-trade
26.04 39.82 (209.57) (132.77) (252.79)
 
Consumption of Raw Materials
2340.07 2040.82 4564.17 3720.02 7638.61
 
Staff Cost
511.06 484.02 986.52 922.44 1804.64
 
Depreciation
99.95 97.97 202.82 187.27 403.17
 
Other Expenditure
1200.93 1082.32 2285.60 2114.23 4358.35
 
  Total
4178.05 3744.95 7829.54 6811.19 13951.98
             
03
Other Income
83.75 102.09 147.36 180.88 326.59
             
04
Interest
19.55 27.12 23.93 31.49 51.53
             
05
Exceptional Items
------ ------ ------ ------ ------
             
06
Profit before Tax from ordinary activities
550.10 394.45 965.75 622.51 1372.84
             
07
Tax Expenses
         
 
Current (Including FBT)
187.00 134.00 327.00 206.00 433.00
 
Deferred Tax
(13.12) (0.25) (17.70) 2.73 25.90
             
08
Net Profit from ordinary Activities after Tax
376.22 260.70 656.45 413.78 913.94
             
09
Extra-Ordinary items (net of tax Expenses)
------ ------ ------ ------ ------
             
10
Net Profit for the period
376.22 260.70 656.45 413.78 913.94
             
11
Paid – up Equity Share Capital (Face Value of Rs.10/- each)
382.50 382.50 382.50 382.50 382.50
             
12
Reserves (Excluding Revaluation Reserve)
--- --- --- --- 12220.45
             
13
Basic and Diluted earnings per share (not annualised)
Rs.9.84 Rs.6.82 Rs.17.16 Rs.10.82 Rs.23.89
             
14
Public Shareholding
         
 
Number of Shares
999124 999124 999124 999124 999124
 
Percentage of Shareholding
26.12 % 26.12 % 26.12 % 26.12 % 26.12 %
             
15
Promoters & Promoters group share-holding:
--- --- --- --- ---
 
Pledged / Encumbered
Nil Nil Nil Nil Nil
 
Non – Encumbered Number of Shares
2825876 2825876 2825876 2825876 2825876
             
 
Percentage of Share
         
 
(as a % of the total shareholding of promoter & promoter group)
100% 100% 100% 100% 100%
             
 
Percentage of Shares
         
 
(as a % of the total share capital of the Company)
73.88% 73.88% 73.88% 73.88% 73.88%


 
BIMETAL BEARINGS LIMITED
( A Member of Amalgamations Group)
Regd.Office: "Huzur Gardens", Sembiam, Chennai 600011
 
Statement of Assets and Liabilities

(Rs. in Lakhs)
Unaudited Audited
As at 30-09-2011 As at 30-09-2010 As at 31-03-2011

 

Share holders' Funds

•  Share Capital

•  Reserves & Surplus

•  Loan Funds

•  Deferred Tax Liability (Net)

Total

 

382.50

12876.91

448.00

361.30

14068.71

 

382.50

12209.75

153.00

355.83

13101.08

 

382.50

12220.45

148.00

379.00

13129.95
         

 

Fixed Assets (Net)

3500.36
3545.00
3572.87

 

Investments

2025.16
2478.59
2224.96
         

 

Current Assets Loans & Advances (A)

•  Inventories

•  Sundry Debtors

•  Cash & Bank Balances

•  Other Current Assets

•  Loans & Advances

Total

 

4043.04

3848.15

881.64

96.41

1837.24

10706.48

 

2900.68

3024.12

904.13

99.96

1898.31

8827.20

 

3619.47

3187.01

614.72

170.35

1975.46

9567.01
         

 

Less : Current Liabilities & Provisions (B)

•  Liabilities

•  Provisions

Total

 

2044.67

118.62

2163.29

 

1648.89

100.82

1749.71

 

1630.93

603.96

2234.89
         

 

Net Current Assets (A) – (B)

Total

8543.19

14068.71
7077.49

13101.08
7332.12

13129.95
         

Distribution of Share-holding pursuant to Clause 54 of the Listing Agreement as on 30th September 2011:

No. Name of the category Total No. of shares % to total share capital
01. Promoters & their relatives 28,25,876 73.88
02.

Banks, Financial Institutions, Insurance Companies, Mutual funds etc.,

22,583 0.59
03. Non Resident Indians 7,508 0.20
04. Bodies corporate 1,88,913 4.93
05. Others 7,80,120 20.40
  Total 38,25,000 100.00

For all investor related queries, please contact : Mr.K.Vidhya Shankar, DGM & Company Secretary/ Complaince Officer
Phone - (0422) 222 2228 / vidhyashankar@bimite.co.in





 
BIMETAL BEARINGS LIMITED
( A Member of Amalgamations Group)
Regd.Office: "Huzur Gardens", Sembiam, Chennai 600011
 
UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER ENDED 30-06-2011

Sl.
No
.
INCOME/EXPENDITURE
 
Quarter ended
Year ended
30-06-2011 30-06-2010 31-03-2011
    Unaudited Unaudited Audited
01
Sales – Net of Excise Duty
3844.48 3089.61
14481.18
         
 
Other Operating Income
163.43 130.27
568.58
         
  Total Income 4007.91 3219.88
15049.76
         
02
Total Expenditure
     
 
Incr.(-)/Decr. in Stock-in-trade
-235.61 -172.59
-252.79
 
Consumption of Raw Materials
2224.10 1679.20
7638.61
 
Staff Cost
475.46 438.42
1804.64
 
Depreciation
102.87 89.30
403.17
 
Other Expenditure
1084.67 1031.91
4358.35
 
  Total
3651.49 3066.24
13951.98
         
03

Profit from Operations before other income, interest and Exceptional items

356.42 153.64
1097.78
04
Other Income
63.61 78.79
326.59
05 Profit before interest but before exceptional items 420.03 232.43 1424.37
06
Interest
4.38 4.37
51.53
07 Profit after tax but before exceptional items 415.65 228.06 1372.84
08
Exceptional Items
------
------
------
09
Profit before Tax from ordinary activities
415.65 228.06
1372.84
         
10
Tax Expenses
     
 
Current
140.00 72.00
433.00
 
Deferred Tax
-4.58 2.98
25.90
         
11
Net Profit from ordinary Activities after Tax
280.23 153.08
913.94
         
12
Extra-Ordinary items (net of tax Expenses)
------
------
------
         
13
Net Profit for the period
280.23 153.08
913.94
         
14
Paid – up Equity Share Capital (Face Value of Rs.10/- each)
382.50
382.50
382.50
         
15
Reserves (Excluding Revaluation Reserve)
--- --- 12220.45
         
16
Basic and Diluted earnings per share (not annualised)
     
  (a) Before Extraordinary Items Rs.7.33 Rs.4.00 Rs.23.89
  (b) After Extraordinary Items Rs.7.33 Rs.4.00 Rs.23.89
         
17
Public Shareholding
     
 
Number of Shares
999124
999124
999124
 
Percentage of Shareholding
26.12 %
26.12 %
26.12 %
         
18
Promoters & Promoters group share-holding:
---
---
---
 
Pledged / Encumbered
Nil
Nil
Nil
 
Non – Encumbered Number of Shares
2825876
2825876
2825876
         
 
Percentage of Shares
     
 
(as a % of the total shareholding of promoter & promoter group)
100%
100%
100%
         
 
Percentage of Shares
     
 
(as a % of the total share capital of the Company)
73.88%
73.88%
73.88%

Distribution of Share-holding pursuant to Clause 54 of the Listing Agreement as on 30th June 2011:

No. Name of the category Total No. of shares % to total share capital
01. Promoters & their relatives 28,25,876 73.88
02.

Banks, Financial Institutions, Insurance Companies, Mutual funds etc.,

22,583 0.59
03. Non Resident Indians 11,015 0.29
04. Bodies corporate 1,89,776 4.96
05. Others 7,75,750 20.28
  Total 38,25,000 100.00

For all investor related queries, please contact : Mr.K.Vidhya Shankar, DGM & Company Secretary
Phone - (0422) 222 2228 / (0) 97902 46890 / vidhyashankar@bimite.co.in




 
BIMETAL BEARINGS LIMITED
( A Member of Amalgamations Group)
Regd.Office: "Huzur Gardens", Sembiam, Chennai 600011
 
Unaudited Financial Results for the Quarter ended 31st March 2011

Sl.
No
.
INCOME/EXPENDITURE
 
Quarter ended
Year ended
31-03-2011
31-03-2010
31-03-2011
31-03-2010
    Unaudited Unaudited Audited Audited
01
Sales – Net of Excise Duty
4016.88
3267.23
14481.18
11192.93
           
 
Other Operating Income
157.02
99.27
568.58
330.27
           
  Total Income
4173.90
3366.50
15049.76
11523.20
           
02
Total Expenditure
 
Incr.(-)/Decr. in Stock-in-trade
34.19
42.54
-252.79
75.58
 
Consumption of Raw Materials
1973.53
1543.96
7638.61
4932.24
 
Staff Cost
416.95
449.43
1804.64
1552.27
 
Depreciation
115.76
93.48
403.17
349.53
 
Other Expenditure
1114.33
1001.20
4358.35
3721.23
 
  Total
3654.76
3130.61
13951.98
10630.85
     
 
03
Other Income
67.86
103.133
326.59
437.76
           
04
Interest
16.07
7.82
51.53
51.50
           
05
Exceptional Items
------
------
------
------
           
06
Profit before Tax from ordinary activities
570.93
331.20
1372.84
1278.61
           
07
Tax Expenses
 
Current
178.00
105.00
433.00
420.00
 
Deferred Tax
16.17
-5.05
25.90
-35.30
           
08
Net Profit from ordinary Activities after Tax
376.76
231.25
913.94
893.91
           
09
Extra-Ordinary items (net of tax Expenses)
------
------
------
------
           
10
Net Profit for the period
376.76
231.25
913.94
893.91
           
11
Paid – up Equity Share Capital (Face Value of Rs.10/- each)
382.50
382.50
382.50
382.50
           
12
Reserves (Excluding Revaluation Reserve)
---
---
12220.45
11795.97
           
13
Basic and Diluted earnings per share (not annualised)
       
  (a) Before Extraordinary Items Rs.9.85 Rs.6.04 Rs.23.89 Rs.23.37
  (b) After Extraordinary Items Rs.9.85 Rs.6.04 Rs.23.89 Rs.23.37
           
14
Public Shareholding
       
 
Number of Shares
999124
999124
999124
999124
 
Percentage of Shareholding
26.12 %
26.12 %
26.12 %
26.12 %
           
15
Promoters & Promoters group share-holding:
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Pledged / Encumbered
Nil
Nil
Nil
Nil
 
Non – Encumbered Number of Shares
2825876
2825876
2825876
2825876
           
 
Percentage of Share
       
 
(as a % of the total shareholding of promoter & promoter group)
100%
100%
100%
100%
           
 
Percentage of Shares
       
 
(as a % of the total share capital of the Company)
73.88%
73.88%
73.88%
73.88%

Distribution of Share-holding pursuant to Clause 54 of the Listing Agreement as on 31st March 2011:

No. Name of the category Total No. of shares % to total share capital
01. Promoters & their relatives 28,25,876 73.88%
02.

Banks, Financial Institutions, Insurance Companies, Mutual funds etc.,

22,583 0.59%
03. Non Resident Indians 9,944 0.26%
04. Bodies corporate 1,89,247 4.95%
05. Others 7,77,350 20.32%
  Total 38,25,000 100.00 %

For all investor related queries, please contact : Mr.K.Vidhya Shankar, DGM & Company Secretary/Compliance Officer
Phone - (0422) 222 2228 / vidhyashankar@bimite.co.in