Last 3,820 INR
Change Today +13.35 / 0.35%
Volume 4.0K
FAG On Other Exchanges
Symbol
Exchange
Natl India
As of 6:05 AM 01/29/15 All times are local (Market data is delayed by at least 15 minutes).

fag bearings india ltd (FAG) Snapshot

Open
3,807
Previous Close
3,807
Day High
3,870
Day Low
3,800
52 Week High
01/27/15 - 3,950
52 Week Low
02/4/14 - 1,530
Market Cap
63.5B
Average Volume 10 Days
3.6K
EPS TTM
73.32
Shares Outstanding
16.6M
EX-Date
03/27/14
P/E TM
52.1x
Dividend
6.00
Dividend Yield
0.16%
Current Stock Chart for FAG BEARINGS INDIA LTD (FAG)

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fag bearings india ltd (FAG) Details

FAG Bearings India Limited manufactures and sells ball/roller bearings and related components in India. The company’s products comprise ball bearings, cylindrical roller bearings, tapered roller bearings, and spherical roller bearings. It serves various industry segments, including construction machinery, electrical engineering, fluid technology, conveying equipment, industrial gears, mining and cement, power generation, agricultural engineering, steel plants, motorcycles, textile machinery, machine tools, wind power, pulp and paper, and others. FAG Bearings India Limited also exports its products to Europe, the United States, and Asia. The company was formerly known as FAG Precision Bearings Limited and changed its name to FAG Bearings India Limited in 1999. The company was incorporated in 1962 and is headquartered in Vadodara, India. FAG Bearings India Limited is a subsidiary of FAG Kugelfischer GmbH.

1,495 Employees
Last Reported Date: 03/26/14
Founded in 1962

fag bearings india ltd (FAG) Top Compensated Officers

Managing Director, Director and Member of Inv...
Total Annual Compensation: 5.4M
Compensation as of Fiscal Year 2013.

fag bearings india ltd (FAG) Key Developments

Fag Bearings India Ltd. Approves Board Changes

The Board of Directors of Fag Bearings India Ltd. at its meeting held on November 06, 2014, have approved resignation of Mr. Bernhard Steinruecke, and Mr. Moreshwar Garde as Directors, effective November 06, 2014 and also approved appointment of Dr. Sanak Mishra and Mrs. Renu Challu as Independent Directors effective November 06, 2014.

Fag Bearings India Ltd. Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Fag Bearings India Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net sales/income from operations (net of excise duty) was INR 4,083.5 million compared to INR 3,680.7 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 475.3 million compared to INR 393.8 million a year ago. Profit from ordinary activities before tax was INR 669.6 million compared to INR 544.4 million a year ago. Net profit for the period was INR 375.1 million compared to INR 358.9 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 22.57 compared to INR 21.59 a year ago. For the nine months, the company reported net sales/income from operations (net of excise duty) was INR 11,920.6 million compared to INR 10,018.7 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,425.2 million compared to INR 1,023.7 million a year ago. Profit from ordinary activities before tax was INR 1,713.8 million compared to INR 1,320.7 million a year ago. Net profit for the period was INR 1,129.6 million compared to INR 869.2 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 67.97 compared to INR 52.29 a year ago.

Fag Bearings India Ltd., Board Meeting, Nov 06, 2014

Fag Bearings India Ltd., Board Meeting, Nov 06, 2014. Agenda: To consider the unaudited standalone earnings results for the third quarter and nine months ended September 30, 2014; to consider resignation of directors; to consider appointment of independent directors; to consider change in internal auditor; to approve purchase by the company all of the equity shares of 'FAG Roller Bearings Private Limited' from the remaining shareholders.

 

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FAG

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Valuation FAG Industry Range
Price/Earnings 43.4x
Price/Sales 4.0x
Price/Book 6.0x
Price/Cash Flow 32.6x
TEV/Sales 3.8x
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