Satani Bearings Ltd

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Satani Bearings Ltd trades at ₹300, in a confirmed uptrend and 166 weeks into that stage. That is +162.7% against its own 200-day average. It sits at 95% of a 52-week range of ₹85 to ₹310. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 17 straight weeks.

Today the stock is in a confirmed uptrend — week 166 of stage 2, confirmed. At ₹300 it trades +162.7% versus its 200-day average and sits at 95% of its 52-week range (₹85–₹310).

Against the market, two honest reads. Cumulative: over the last 9.9 years the stock moved +3,936% while the NIFTY 500 moved +242% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 17 straight weeks — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

P/E does not price Satani Bearings Ltd — earnings are negative, so there is no multiple to rank against its own history. The revenue and margin lines below are where a turn, when it comes, would show first. A P/E returns here the first period the bottom line turns positive.

With earnings negative, P/E does not price — there is no multiple to rank against its own history. The revenue and margin lines below are where the turn, when it comes, will show first.

Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.

Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read.

Satani Bearings Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 4 quarters across 1 curve, on partial evidence.

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

4-Factor Sector Score

No sector-relative score — Satani Bearings Ltd is not present in the sector comparison for Trading.

The score is a rank WITHIN a peer set: every metric is scored by percentile against the other members. Without the peer set there is no score to state, so none is invented here.

Revenue Revenue is the top line: everything the company billed its customers in the period.

Satani Bearings Ltd reported ₹19.0 Cr of revenue in the Dec 25 quarter. The last full year, FY25, came in at ₹0.0 Cr. The last four reported quarters add to ₹19.0 Cr. A multi-year compound rate is not shown because the annual history behind it is too short to compute one honestly.

FY25 revenue came in at ₹0.0 Cr (null on the year). The latest quarter (Dec 25) printed ₹19.0 Cr, null year on year.

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Satani Bearings Ltd's operating margin is 0.5% in the Dec 25 quarter. Across 10 fiscal years the operating margin has ranged −4,700.0% to −1.2%. The current quarter is running above every full year in that window.

The latest quarter's operating margin is 0.5%, null pp against the same quarter a year ago. Across 10 fiscal years the operating margin has ranged −4,700.0%–−1.2%.

Why the margin moved: operating margin went +80.5 pp year on year while gross margin went +3.3 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Satani Bearings Ltd earned ₹0.1 Cr of net profit in the Dec 25 quarter. The full FY25 year was a loss of ₹0.2 Cr. That is 0.8% of the quarter's revenue. The same quarter a year earlier lost ₹0.1 Cr. 11 of the last 12 reported quarters were loss-making.

Dec 25 profit was ₹0.1 Cr, null year on year. On the full year, FY25 printed ₹−0.2 Cr (null).

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Satani Bearings Ltd's cash-flow history is too thin to judge how much reported profit converts into cash. In FY25 that was ₹−0.2 Cr of operating cash against ₹−0.2 Cr of profit. After ₹0.0 Cr of capital spending, ₹0.0 Cr was left as free cash. Cash resolution here is annual, because quarterly cash statements are not published.

FY25: operating cash of ₹−0.2 Cr against reported profit of ₹−0.2 Cr, leaving free cash of ₹0.0 Cr after ₹0.0 Cr of capital spending.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Satani Bearings Ltd's cash conversion cycle runs 0 days in FY23, down from 58 days in FY18. Capital spending ran ₹0.0 Cr over the last 3 years. Customers take 0 days to pay and stock waits 0 days to sell.

FY23: debtors at 0 days, inventory at 0 days — roughly 0.0 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 0 days, tighter than FY18's 58.

On the investment side: capital spending of ₹0.0 Cr over the last 3 fiscal years. Capital work-in-progress stands at ₹0.0 Cr (FY25) — capacity paid for but not yet earning.

The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Satani Bearings Ltd earns a ROCE of −127% in FY25. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is −4,200.0% net margin on 0.02× asset turns.

FY25 ROCE is −127%.

Why the return is what it is — the wiring (FY23): −4,200.0% net margin × 0.02× asset turns × 1.15× balance-sheet leverage ≈ −96.6% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

Satani Bearings Ltd carries ₹0.0 Cr of borrowings against ₹0.1 Cr of equity in FY25, a debt-to-equity of 0.00. Over 5 years borrowings went from ₹0.0 Cr to ₹0.0 Cr. Capital spending ran ₹0.0 Cr across the last 3 of those years.

FY25: borrowings of ₹0.0 Cr against equity of ₹0.1 Cr — a debt-to-equity of 0.00. Over 5 years borrowings went from ₹0.0 Cr to ₹0.0 Cr while capital spending ran ₹0.0 Cr in just the last 3 — the build-out is being paid for out of cash, not debt.

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Promoters cut 71.3 points of Satani Bearings Ltd over 8 quarters, the biggest move on the register. That takes promoters to 0.1% of the company. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Promoters: −71.3 points over 8 quarters to 0.1%. Note the structure: promoters hold under 20% — this is a widely-held company where institutions, not a family, set the direction.

🚨 Why the register moved: promoters drove it (−71.3 points) — distribution into the market’s bid.

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Satani Bearings Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

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