On July 28, 2025, Benara Bearings & Pistons Limited announced its unaudited standalone and consolidated financial results for the half year ended September 30, 2024, highlighting major losses and operational challenges.
The company reported a standalone net loss of ₹2,186.63 lakhs for the half year, compared to a loss of ₹838.26 lakhs in the previous year. Consolidated net loss stood at ₹2,253.92 lakhs against a loss of ₹852.02 lakhs year-on-year. Total income from operations in the standalone segment was ₹550.19 lakhs, down from ₹920.43 lakhs in the previous year, while consolidated total income was ₹550.19 lakhs compared to ₹920.43 lakhs earlier. Manufacturing costs remained high at ₹1,342.13 lakhs standalone and ₹1,302.13 lakhs consolidated. The company has incurred cash losses amounting to ₹1,163.01 lakhs standalone and ₹1,163.11 lakhs consolidated during this period. Furthermore, Benara Bearings reported negative net worth at standalone ₹(275.23) lakhs and consolidated ₹(412.76) lakhs, raising concerns over its going concern status.
Key Fundamentals
Benara Bearings & Pistons has a market capitalization of ₹27.1 crore and a stock price of ₹15.3, with a 52-week high/low of ₹24.4/14.0. The P/E ratio is negative, while the price-to-book value is also negative at -4.73. Return on Capital Employed (ROCE) is -2.46%, and Return on Equity (ROE) is sharply negative at -15.1%. Promoter holding stands at 69.9%, and the industry P/E is 39.1. The company’s Earnings Per Share (EPS) is -₹15.5, reflecting its ongoing financial difficulties, with an EV/EBITDA of -5.44 and Market Cap to Sales ratio at 2.49. Dividend yield remains 0%.
Source: BSE (Click Here to download result).
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I’m Shahid Shaikh, a software engineer who has observed and tracked the stock market for over ten years. Through my blog, I deliver daily news updates on market trends and financial headlines. I focus on informing readers—not giving investment advice—so the insights here are purely educational.