Bimetal Bearings Limited reported a 9.9% increase in net profit to ₹114.22 crore for the financial year ended March 31, 2026, compared to ₹103.99 crore in the previous year. Revenue from operations surged 24.2% to ₹2,969.84 crore from ₹2,390.78 crore in FY25. The board recommended a final dividend of ₹13.50 per share, amounting to ₹5.16 crore, for the year ended March 31, 2026.

The company’s profit before tax rose to ₹151.08 crore from ₹109.63 crore in the previous year. Earnings per share (EPS) increased to ₹29.86 from ₹27.19 in FY25. The growth was attributed to healthy market demand across all segments, with the passenger vehicle segment recording 7.9% growth and two-wheelers growing 10.7%.

Financial Performance

The standalone financial statements for FY26 were approved by the board on May 27, 2026. The company recorded a total comprehensive income of ₹82.55 crore for the year. The board also ratified the remuneration of cost auditors for FY27 and approved related party transactions with M/s. BBL Daido (P) Ltd. for an amount not exceeding ₹50.00 crore.

The company’s joint venture, BBL Daido Private Limited, achieved a turnover of ₹2,099.66 crore and earned a profit of ₹95.57 crore after taxes for the year 2025-2026. The auditors, M/s. Fraser & Ross LLP, issued an unmodified opinion on the standalone and consolidated financial statements.

Bimetal Bearings Limited has fixed July 14, 2026, as the record date to determine shareholder eligibility for a dividend of ₹13.50 per share for the financial year 2025-2026. The dividend is subject to the approval of shareholders at the ensuing Annual General Meeting. Following a recent amendment to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has withdrawn the previously announced book closure dates. The record date will serve as the cut-off for determining eligibility for the dividend payment.

For the financial year ended March 31, 2026, the company reported a 9.9% rise in net profit to ₹1,142.17 lakh, compared to ₹1,039.90 lakh in the previous year. Total income from operations increased to ₹30,204.38 lakh from ₹24,463.87 lakh in FY25. The Board of Directors recommended the final dividend of 135%, or ₹13.50 per share.

Financial Performance

The company's profit before tax for FY26 was ₹1,510.81 lakh, compared to ₹1,096.25 lakh in the previous year. Earnings per share (EPS) improved to ₹29.86 from ₹27.19 in FY25. The equity share capital remained unchanged at ₹382.50 lakh.

Key Financial Metrics

Annual General Meeting

The 65th Annual General Meeting will be held on July 20, 2026, at 4.00 p.m. via Video Conferencing. Shareholders holding shares in physical form must have their names on the Register of Members as on July 14, 2026. For dematerialized shares, the dividend will be paid based on beneficial ownership details provided by the Depositories at the end of business hours on July 14, 2026.