Bearing Stocks and Companies in India

The largest Bearing stocks in India by market value are Schaeffler India (₹55,014 crore), Timken India (₹23,000 crore) and SKF India (Industrial) (₹11,586 crore), at prices of 6 Nov 2026.

• Schaeffler India: ₹3,519.70 | market value ₹55,014 crore | P/E 41.9
• Timken India: ₹3,057.80 | market value ₹23,000 crore | P/E 52.8
• SKF India (Industrial): ₹2,343.60 | market value ₹11,586 crore | P/E 30.2
• SKF India: ₹1,425.60 | market value ₹7,048 crore | P/E 30.4
• Rolex Rings: ₹201.17 | market value ₹5,285 crore | P/E 23.7
• NRB Bearings: ₹431.10 | market value ₹4,179 crore | P/E 27.9
• Harsha Engineers International: ₹457.15 | market value ₹4,168 crore | P/E 25.6
• Menon Bearings: ₹339 | market value ₹1,903 crore | P/E 36.7

Share price | market value | P/E, biggest first. Prices, market values and ratios at the official close of 6 Nov 2026; the score list below uses the weekly figures.

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 30 Oct 2026.

All 8 listed Indian Bearings companies are named here, largest first. This is the set of companies people mean when they search for a Nifty Bearings index; NSE publishes its own indices only for the largest sectors, so this equal-weighted set stands in for one. Every figure is equal-weighted across those companies and carries its own as-of date.

1. Schaeffler India Ltd₹55,900 cr
2. Timken India Ltd₹21,500 cr
3. SKF India (Industrial) Ltd₹11,700 cr
4. SKF India Ltd₹6,900 cr
5. Rolex Rings Ltd₹5,400 cr
6. NRB Bearings Ltd₹4,340 cr
7. Harsha Engineers International Ltd₹4,270 cr
8. Menon Bearings Ltd₹1,960 cr

8 Bearing companies in the Bearings industry group have a page on Sector Alpha, by market value as of 30 October 2026, and all 8 are listed below, largest first. The largest is Schaeffler India (₹55,863 crore) and the smallest with a market value is Menon Bearings.

Download all 8 Bearing companies (CSV)

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the last two years (104 weeks) this sector is 28% ahead of NIFTY 500. Earnings across its companies grew 20% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 31 weeks running.

Price and the fundamentals both up. 3 of 8 companies pass the momentum test (5+ points ahead of the Nifty 500 over 3 months, within 20% of the 52-week high).

Ahead of NIFTY 500 on the three-month view for 31 weeks running; 4 of the 8 companies in the industry index above their 200-day average (1 fewer than four weeks earlier); 3 of those 8 pass the momentum test (1 fewer than four weeks earlier); earnings rising at 5 of the 7 that report earnings.

Participation is shrinking, 4 → 3 of 8 over four weeks, after being ahead of NIFTY 500. Price-only fade, 5 of 7 members have higher trailing twelve-month earnings than a year ago, so the fade is in the price, not in the earnings.

Both lines start at 200 in the same week, so the gap between them tells the story: the sector line is an equal-weighted index of its 8 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member set to 100 at the start and the sector taking the middle value, so a price line pulling away from flat bars means the market is paying more for the same earnings. A bar turns grey when that figure is lower than the quarter before. The rules are fixed and the same everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover or tap any point to read both values and the gap.

Bearings has done better than the NIFTY 500 by 26.6% over the last 52 weeks. Over 13 weeks the gap is a lead of 11.5%. Menon Bearings Ltd is the strongest against the sector itself at +53.7%. Readings are as of 30 October 2026.

Relative-strength score for the industry: 30.1 as of 30 October 2026 (consolidation, falling).

Bearings has done better than the NIFTY 500 by 26.6% over 52 weeks and by 11.5% over 13 weeks. 3 of 8 companies we track are beating the NIFTY on relative strength (how a share price has done against the index over recent months) (1 has no relative-strength reading yet), and 3 of the 7 with a long enough price history are ahead of the industry itself.

A score that ranks each company against the others in its industry. The four parts shown always add up to the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or old evidence affects only its own part, never as a hidden adjustment.

Menon Bearings Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 100% evidence confidence.

Ranked last: too little evidence (1 company)

Under 60% of the evidence behind this score is available, so it ranks after every company above, whatever the score.

Menon Bearings Ltd has the strongest one-year price move in Bearings at +137.6%. It also leads on relative strength against the NIFTY, at +70.2%. 4 of 8 companies we track are ahead of the index on that measure (1 has no relative-strength reading yet). Every line covers 313 weekly closes through 30 October 2026.

Price and relative strength

Price · same starting point: Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts: the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

RS vs NIFTY 500: How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.

RS vs sector: The same measure taken against Bearings itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.

Biggest one-year moves

Strongest against NIFTY 500

Strongest against the sector itself

3 of 8 Bearings companies held a results call for July to September 2026. Menon Bearings guided: Consolidated revenue growth above 30% in FY27 and FY28 if conditions remain stable.

From the results calls for July to September 2026.

Big funds, foreign and Indian, raised their stake by 1.3 points over the last two quarters. Founders and promoters cut theirs by 1.1 points.

• Spending on new plants and equipment was ₹1,874 crore in the last 12 months, 112% more than a year before.
• Projects still being built shrank 40% in a year.

Big funds = foreign and Indian institutions, change in their share of ownership across 7 Bearings companies, in percentage points.

Ownership and spending as of 10 October 2026.

This is the written read behind the Bearings figures above: what is actually happening in the industry, in words, with the evidence each claim rests on. It is dated 22 Jul 2026, so the words are older than the numbers. 4 themes are live here.

The single data point suggests positive momentum in the automotive components segment, driven by electrification trends. SCHAEFFLER's margin expansion and capex increase indicate readiness for volume growth. However, regulatory and labour compliance costs present measurable headwinds. The verdict remains neutral pending broader data coverage to confirm sector-wide trends.

The Bearings sector data for Report Week 17 July 2026 relies on a single constituent, SCHAEFFLER, which limits aggregate statistical validity. SCHAEFFLER reported revenue of ₹2,585.64 Cr for Q1 CY26, representing an 18.91% increase year-over-year. Profit After Tax rose 25.61% YoY to ₹316.07 Cr. Operating Profit Margin expanded 43 basis points quarter-over-quarter to 18.5%.

How old this read is: OLD: this read comes from our Bearings sector brief dated 22 Jul 2026, about 4 months ago. The page says so rather than dressing it up, and a fresh sector dive replaces it the day it runs.

What is live in this sector right now

Sources: our Bearings sector brief, 22 Jul 2026 · company earnings-call transcripts.

Schaeffler India Ltd has the highest Revenue among the 8 Bearings companies compared here, at ₹11,160 crore. Timken India Ltd is next at ₹3,735 crore. Menon Bearings Ltd has the highest Revenue growth at 40.5%, so level and change sit with different companies. 8 of 8 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Schaeffler India Ltd is the largest at ₹11,160 crore, 198.8% ahead of Timken India Ltd. Menon Bearings Ltd's growth is 40.5% from a ₹354 crore base, with 20 reported quarters out of the last 20. Fast growth from a smaller base is not yet the same as proven size.

What this means: Schaeffler India Ltd is the size to compare against; Menon Bearings Ltd is the one growing fastest. The faster grower has to keep that growth and turn it into margin and returns before it counts as more than a fast start.

This conclusion weakens if: Schaeffler India Ltd's growth falls below Menon Bearings Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

Revenue · company comparison

Revenue · largest

Revenue growth · fastest growers

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Revenue shows both size and speed. A large company can absorb shocks and pay for wide distribution; faster growth can mean market-share gains, new capacity or stronger demand. The best sign is usually growth that lasts without hurting margins and returns.

Rolex Rings Ltd has the highest OPM among the 8 Bearings companies compared here, at 24%. Menon Bearings Ltd is next at 20%. Menon Bearings Ltd has the highest Margin change at +4 percentage points, so level and change sit with different companies. 8 of 8 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Rolex Rings Ltd leads opm at 24%; Menon Bearings Ltd leads margin change at +4 percentage points.

What this means: Rolex Rings Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

Operating margin · company comparison

OPM · highest

Margin change · fastest expanders

All-company data · latest reported quarter

Schaeffler India Ltd has the highest Net profit among the 8 Bearings companies compared here, at ₹1,313 crore. Timken India Ltd is next at ₹436 crore. Menon Bearings Ltd has the highest Profit growth at 92.6%, so level and change sit with different companies. 8 of 8 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Schaeffler India Ltd earns the most, ₹1,313 crore of profit over the last 12 months, 201.1% above Timken India Ltd. Menon Bearings Ltd shows 92.6% growth from a profit base of ₹52 crore. A fast rate from a small base matters less than a large profit that keeps coming.

What this means: Schaeffler India Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

Net profit · company comparison

Net profit · largest

Profit growth · fastest growers

All-company data · latest reported quarter

SKF India (Industrial) Ltd has the highest ROCE among the 8 Bearings companies compared here, at 29.9%. Schaeffler India Ltd is next at 27.3%. Menon Bearings Ltd has the highest ROCE change at +12.5 percentage points, so level and change sit with different companies. 8 of 8 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: SKF India (Industrial) Ltd leads ROCE at 29.9%, 2.6 percentage points above Schaeffler India Ltd. A high return reported once may be one good year; a high return reported year after year shows a lasting business.

What this means: SKF India (Industrial) Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

Return on capital · company comparison

Withheld from this chart: Timken India Ltd (TIMKEN): its two data sources disagree by up to 5.9% on reported income across 7 comparable periods, so its derived ratios are withheld; SKF India (Industrial) Ltd (SKFINDUS): its two data sources disagree by up to 100% on reported income across 5 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn, the gap is a decision, not missing data.

ROCE · highest

ROCE change · fastest improvers

All-company data · latest reported quarter

Menon Bearings Ltd has the lowest PEG among the 8 Bearings companies compared here, at 0.44×. Harsha Engineers International Ltd is next at 0.66×. Rolex Rings Ltd has the lowest P/E at 24.2×, so level and change sit with different companies. 6 of 8 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Menon Bearings Ltd has the lowest comparable PEG at 0.44×, 33.3% below Harsha Engineers International Ltd. That would need today's multiple, the company's own history and steady growth to agree.

What this means: A low valuation is a reason to look closer at the business, not a conclusion on its own.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is worked out the same way every time, as the P/E on the last 12 months of reported earnings divided by that growth rate, never on expected earnings. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

Valuation · company comparison

PEG · lowest PEG

P/E · lowest P/E

All-company data · latest reported quarter

Bearings companies show up on 6 of our India lists. The most are on the momentum stocks list (3 companies).

This Bearings comparison names 5 specific ways its own evidence can mislead, all listed below. All 8 companies here report on comparable dates, so no rank carries a stale marker. 2 have second-source figures left out because the two sources disagree. A high growth rate can still come from a very small starting figure.

Keep these limits visible

• A high growth rate can come from a very small starting figure. The page keeps level and change separate for that reason.
• A high ROCE can be temporary, or look high because the capital base is small. It is best read beside margin, cash flow and how much is spent back on the business.
• The 4-Factor Sector Score ranks published data only. Management quality, upcoming events and risks are not part of it.
• An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
• 2 companies are missing from the second-source figures on purpose: the two sources disagree, so nothing from the second is drawn. Those rows have less evidence; that does not make the business weaker.

This comparison is built from the reported filings of 8 Bearings companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Sep 2026 and market data through 30 October 2026.

2 of 8 companies have a second data feed that is known to disagree with the primary source, so nothing from it is drawn: Timken India Ltd (TIMKEN): its two data sources disagree by up to 5.9% on reported income across 7 comparable periods, so its derived ratios are withheld; SKF India (Industrial) Ltd (SKFINDUS): its two data sources disagree by up to 100% on reported income across 5 comparable periods, so its derived ratios are withheld.

These 24 answers restate the Bearings comparison above in question form. Every one is computed from the same 8 companies and the same reported filings as the rankings and charts, current through Sep 2026. Price and relative-strength answers run through 30 October 2026. Nothing here is estimated, and none of it is a recommendation.