SNL Bearings September-quarter profit rises 5% to Rs 3.09 crore

SNL Bearings Limited reported profit after tax of Rs 3.09 crore for the quarter ended September 30, 2026, up about 5% from Rs 2.93 crore a year earlier. Revenue from operations rose to Rs 16.05 crore, while half-year revenue increased about 15% to Rs 31.30 crore and quarterly profit fell from Rs 3.46 crore in June 2026.

How did SNL Bearings perform in the September 2026 quarter?

SNL Bearings recorded total income of Rs 16.58 crore in the quarter ended September 30, 2026, compared with Rs 15.25 crore in the September 2025 quarter and Rs 16.49 crore in the June 2026 quarter. Revenue from operations was Rs 16.05 crore, versus Rs 14.77 crore a year earlier, while other income was Rs 53 lakh, compared with Rs 48 lakh in the prior-year quarter.

SNL Bearings’ profit before tax increased to Rs 4.14 crore from Rs 4.04 crore a year earlier, and profit after tax rose to Rs 3.09 crore from Rs 2.93 crore. Basic and diluted earnings per share were Rs 8.56 for the quarter, against Rs 8.11 a year earlier, with paid-up equity share capital unchanged at Rs 3.61 crore.

The year-on-year profit increase was accompanied by a sequential decline from the June 2026 quarter. Profit after tax fell from Rs 3.46 crore in June to Rs 3.09 crore in September, while profit before tax declined from Rs 4.66 crore to Rs 4.14 crore. Total income nevertheless increased by Rs 9 lakh sequentially, from Rs 16.49 crore to Rs 16.58 crore.

What changed in SNL Bearings’ revenue and costs?

SNL Bearings’ September-quarter revenue from operations rose about 9% year on year to Rs 16.05 crore, while total expenses increased about 11% to Rs 12.44 crore. Cost of materials consumed rose to Rs 5.95 crore from Rs 4.80 crore, and employee benefits expense increased to Rs 2.79 crore from Rs 2.55 crore.

Materials cost increased by Rs 1.15 crore from the year-earlier quarter, the largest specified rise among expenses. Other expenses were Rs 3.32 crore, compared with Rs 3.29 crore a year earlier, while depreciation and amortisation was Rs 45 lakh against Rs 44 lakh. Changes in inventories produced a Rs 7 lakh credit in the September 2026 quarter, compared with a Rs 13 lakh expense in the September 2025 quarter.

Sequentially, total expenses rose from Rs 11.83 crore in June 2026 to Rs 12.44 crore in September 2026. Materials cost increased from Rs 5.10 crore, employee benefits expense rose from Rs 2.66 crore, and other expenses increased from Rs 3.04 crore. The Rs 61 lakh increase in expenses exceeded the Rs 9 lakh increase in total income and coincided with the lower sequential profit.

How did SNL Bearings perform in the first half?

SNL Bearings generated revenue from operations of Rs 31.30 crore in the half year ended September 30, 2026, compared with Rs 27.14 crore in the corresponding 2025 period. Total income rose to Rs 33.07 crore from Rs 28.48 crore, including Rs 1.77 crore of other income, compared with Rs 1.34 crore a year earlier.

Profit before tax for the six months was Rs 8.80 crore, up from Rs 7.56 crore, while profit after tax increased to Rs 6.55 crore from Rs 5.64 crore. Half-year earnings per share were Rs 18.14, compared with Rs 15.62 in the prior-year period. Total comprehensive income was Rs 6.54 crore, versus Rs 5.67 crore, after a Rs 1 lakh other comprehensive loss in the latest half year.

Half-year expenses rose to Rs 24.27 crore from Rs 20.92 crore as revenue expanded. Materials consumed increased to Rs 11.05 crore from Rs 9.04 crore, employee benefits expense rose to Rs 5.45 crore from Rs 4.87 crore, and other expenses increased to Rs 6.36 crore from Rs 5.98 crore. Depreciation and amortisation remained Rs 87 lakh in both half-year periods.

What do SNL Bearings’ cash flow and balance sheet show?

SNL Bearings had total assets of Rs 86.64 crore at September 30, 2026, compared with Rs 84.22 crore at March 31, 2026. Total equity increased to Rs 76.97 crore from Rs 75.85 crore, including other equity of Rs 73.36 crore. Total liabilities were Rs 9.67 crore at September-end, compared with Rs 8.37 crore at the preceding financial year-end.

Inventories increased to Rs 13.62 crore from Rs 11.65 crore and trade receivables rose to Rs 10.24 crore from Rs 9.43 crore between March 31 and September 30, 2026. Current investments increased to Rs 41.63 crore from Rs 39.20 crore, while bank balances other than cash and cash equivalents declined to Rs 2.31 crore from Rs 7.76 crore. Cash and cash equivalents were Rs 28 lakh, compared with Rs 32 lakh.

Net cash generated from operating activities for the half year was Rs 3.48 crore, down from Rs 5.93 crore in the prior-year half year. Inventory generated a Rs 1.97 crore cash outflow, compared with a Rs 48 lakh inflow a year earlier, and trade receivables accounted for a Rs 77 lakh outflow. Purchases of property, plant and equipment and intangible assets were Rs 2.89 crore, compared with Rs 59 lakh in the previous period.

What dividend did SNL Bearings declare?

SNL Bearings’ board declared an interim dividend of Rs 6 per equity share, equal to 60% of the Rs 10 face value, at its November 3, 2026 meeting. SNL Bearings said the dividend would be paid to eligible shareholders within 30 days from its declaration.

SNL Bearings fixed November 11, 2026 as the record date for determining eligibility for the interim dividend. The board approved the unaudited quarter and half-year results on November 3, 2026 after review and recommendation by the Audit Committee. The statutory auditor completed a limited review of the results for the quarter and half year ended September 30, 2026.

Conclusion

SNL Bearings combined a year-on-year increase in September-quarter profit to Rs 3.09 crore with a half-year rise in revenue to Rs 31.30 crore and profit after tax to Rs 6.55 crore. The results also show higher materials, employee and other expenses in both reporting periods, while quarterly profit declined from Rs 3.46 crore in June 2026.

The next disclosed event is the November 11, 2026 record date for the Rs 6-per-share interim dividend. SNL Bearings has stated that eligible shareholders will receive the dividend within 30 days of the November 3, 2026 declaration, and it reports its entire business as one Bearing operating segment.