Q4 Profit Up 35%, Rs 8 Dividend Declared: Small-Cap Auto Stock Faces Bearish Pressure – Key Levels To Watch

One of India's top producers of needle roller bearings, SNL Bearings supplies OEMs and aftermarket companies in India and abroad with a broad variety of needle roller bearings for automotive applications. It has been one of the top suppliers to several well-known automakers for more than 20 years, including BAJAJ, LML, KINETIC ENGG.TVS, MARUTI, and TATA MOTORS. Based in Ranchi, SNL is the only producer of needle roller bearings in eastern India. Even though SNL Bearings' net profit climbed 35.27% in Q4FY25 and the Board announced a sizeable dividend of Rs 8 for shareholders, the company's shares began lower on the BSE on Friday at Rs 385.05 per share compared to the previous close of Rs 390.65.

SNL Bearings Dividend

The Board of Directors "Recommended Final Dividend of Rs. 8.00/- (Rupees Eight Only) i.e. 80% (Eighty percent) per equity share of Rs. 10/- each fully paid up, for the financial year ended March 31, 2025, subject to the approval of the members at the ensuing Annual General Meeting, which will be paid to the members within 30 days of its declaration thereat," said SNL Bearings in a stock exchange filing.

SNL Bearings Q4 Results

SNL Bearings' net profit increased 35.27% to Rs 2.80 crore in the March 2025 quarter from Rs 2.07 crore in the March 2024 quarter. In Q4FY25, sales increased 20.51% to Rs 13.81 crore from Rs 11.46 crore in Q4FY24. EBITDA increased 15.73% from Rs. 3.37 crore in Q4FY24 to Rs. 3.90 crore in Q4FY25. In the year ending in March 2025, net profit increased 38.87% to Rs 10.86 crore, compared to Rs 7.82 crore in FY24. Sales for the year ended March 2025 increased by 7.34% to Rs 51.19 crore, compared to Rs 47.69 crore for the year ended March 2024.

SNL Bearings Share Price Target

"SNL Bearings is showing a bearish outlook, with support at Rs 380 and resistance at Rs 410. The RSI has started to show signs of divergence, indicating weakening momentum. The MACD is below the signal line, suggesting a potential breakdown. A fall below Rs 380 could push the stock towards Rs 360-350, while a failure to breach Rs 410 may confirm the downtrend," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

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