SNL Bearings Share Price Target 2025, 2026, 2030, 2040, 2050

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SNL Bearings, which is also known as Shriram Needle Bearing Industries, is an Indian company that makes and sells needle roller bearings and other related parts. It is the only one in the Eastern India zone that makes these bearings. It is a part of NRB Bearings. It makes a range of products like needle roller bearings, bushes, cages, and other components. These products are used in different industries such as automobiles, textile machines, and home appliances. The company supplies its products to the indian market, and also exports them to other countries.

What is SNL Bearings Ltd NSE: SNL?

SNL Bearings, also known as Shriram Needle Bearing Industries, is an Indian company. It was established in 1983, situated in Ranchi, Jharkhand. It makes needle roller bearings, cages and bushings. These bearings are used in many industries, including cars, industrial machines, and farming equipment, to reduce friction and make mechanical systems run more smoothly. The company is known for its high-quality products and serves both local and international customers. It focuses on making reliable products and improving to meet the changing needs of its customers.

Share price Target Tomorrow

The stock has been performing well in the stock market since 2020. The stock had gradually fallen from 2018 to 2020, but after that, it recovered significantly. At the daily time frame, the stock has fallen since the previous year, but from the past few months, it has recovered and is showing a good bullish move. So you can plan for buying this stock, but as it is a shorter time frame so you have to consider some multiple confirmations before making any investment.

DayMinimum Price (Rs)Maximum Price (Rs)
Tomorrow-10+18

SNL Bearings share price Target 2025

The company is growing and becoming stronger in the bearing industry. It focuses on making high-quality and new products, which helps it meet the needs of different industries. As the only maker of needle roller bearings in Eastern India, it is an important part of the local market. Its products help machines and vehicles run smoothly, making it a trusted brand for many engineering and manufacturing companies. In 2025, its share price target would be ₹488, as per our analysis.

By our prediction, its share price would be between ₹304 to ₹488 in 2025.

YearMinimum Price (Rs)Maximum Price (Rs)
2025304488
MonthMinimum Price  (Rs)Maximum Price (Rs)
January335384
February320395
March326383
April339416
May327426
June312433
July304447
August324456
September344466
October374473
November400476
December432488

SNL Bearings share price Target 2026

It makes good profits and manages its money well. Even though its sales are growing slowly, it doesn’t have much debt, which makes it safe and stable. The company is taking longer to get paid by customers and to manage its money needs, which can affect its cash flow. Still, its share profits are increasing. This shows the company is well-run and focused on doing well in the long run. Overall, it is a small but reliable company in the bearing business with slow but continuous growth. In 2026, its share price target would be ₹676, as per our prediction.

Its share price would be between ₹432 to ₹676 in 2026, as per our analysis.

YearMinimum Price (Rs)Maximum Price (Rs)
2026432676
MonthMinimum Price  (Rs)Maximum Price (Rs)
January432500
February448518
March459528
April470550
May479561
June488570
July500583
August511600
September531624
October557640
November577657
December590676

Share price Target 2027

The company mainly makes needle bearings and sells them to car companies, spare parts markets, and other countries. It made its production better, fixed some old problems, and created new products, which helped the company do well. At one time, the money it owed to banks was changed into shares. Later, more loans were paid, and most of its shares are in its promoters. In 2027, its share price target would be ₹865, as per our analysis.

By our prediction, its share price would be between ₹590 to ₹865 in 2027.

YearMinimum Price (Rs)Maximum Price (Rs)
2027590865
MonthMinimum Price  (Rs)Maximum Price (Rs)
January590692
February614709
March628717
April640728
May651739
June678751
July688770
August698791
September715808
October745824
November767840
December790865

Share price Target 2028

The company is planning to start a new project at its Noida plant, where the first production line is being set up. It has renewed its technical partnership with the German company Industriewerk Schaeffler INA. During this time, the company had lower sales, especially in the two-wheeler, commercial vehicle, and tractor markets, because customer demand went down. So it is growing its company to match the needs of the trending market. In 2028, its share price target would be ₹1054, as per our prediction.

Its share price would be between ₹790 to ₹1054 in 2028, as per our analysis.

YearMinimum Price (Rs)Maximum Price (Rs)
20287901054
MonthMinimum Price  (Rs)Maximum Price (Rs)
January790879
February817898
March825922
April834933
May847942
June855961
July869978
August881990
September9121000
October9281021
November9571038
December9741054

Share price Target 2029

For more than twenty years, it has been a trusted supplier to big vehicle companies like Bajaj, LML, Kinetic Engineering, TVS, Maruti, and Tata Motors. Along with making bearings for vehicles, the company also makes bearings used in machines for making cloth and in home appliances. It also sells its products to many countries around the world. At first, it was supported by the Shriram Group and worked with INA Germany, which helped the company get some of the best needle bearing-making technology in the world. In 2029, its share price target would be ₹1250, as per our analysis.

By our prediction, its share price would be between ₹974 to ₹1250 in 2029.

YearMinimum Price (Rs)Maximum Price (Rs)
20299741250
MonthMinimum Price  (Rs)Maximum Price (Rs)
January9741071
February9881090
March10001120
April10181134
May10221132
June10401149
July10541160
August10721179
September10901190
October11251229
November11571237
December11871250

SNL Bearings share price Target 2030

In 2000, the company joined NRB Bearings Limited, which is one of the fastest-growing and modern groups in this field in India. SNL is known for its strong technical skills, like making and building its special machines and low-cost automatic systems. These ideas created inside the company help it to become one of the most affordable makers in the industry. A team of skilled and creative people works all the time to make new services that help customers. In 2030, its share price target would be ₹1451, as per our prediction.

Its share price would be between ₹1187 to ₹1451 in 2030, as per our analysis.

YearMinimum Price (Rs)Maximum Price (Rs)
203011871451
MonthMinimum Price  (Rs)Maximum Price (Rs)
January11871272
February12001292
March12181319
April12291329
May12451339
June12701364
July12841376
August13001390
September13211419
October13471425
November13671438
December13901451

Share price Target 2040

It was started by the Shriram Group of Industries with help from a German company. Because of this, it got to use some of the best technology in the world to make needle bearings. It uses a mix of advanced technologies and is ahead of many other companies in this field. It also makes its own special machines to help produce bearings. In 2040, its share price target would be ₹3250, as per our analysis.

By our prediction, its share price would be between ₹2917 to ₹3250 in 2040.

YearMinimum Price (Rs)Maximum Price (Rs)
204029173250
MonthMinimum Price  (Rs)Maximum Price (Rs)
January29173000
February29283021
March29413040
April29613051
May29773078
June29903090
July30193121
August30273137
September30513158
October30873181
November31003230
December31343250

Share price Target 2050

The company works hard to make great products and always looks for ways to get better. This helps them keep their work high-quality. It also cares about the environment and tries to make it better by using the 5-S system, which helps keep the workplace clean. The company have important certificates like IATF 16949:2016, ISO 14001:2015, and ISO 45001:2018. These show that they focus on quality, care for the environment, and keep their workplace safe. In 2050, its share price target would be ₹5410, as per our prediction.

Its share price would be between ₹5021 to ₹5410 in 2050, as per our analysis.

YearMinimum Price (Rs)Maximum Price (Rs)
205050215410
MonthMinimum Price  (Rs)Maximum Price (Rs)
January50215120
February50395139
March50505151
April50695168
May50905188
June51205228
July51395248
August51575274
September51785290
October52005327
November52295354
December52585374

Should I buy SNL Bearings stock?

YearMinimum Price (Rs)Maximum Price (Rs)
2025304488
2026432676
2027590865
20287901054
20299741250
203011871451
204029173250
205050215410

It gets support from a bigger company like NRB Bearings and works with a German company to keep its products good. It sells its products in India and other countries, has very little debt, and is managed well. This makes it a good choice for long-term investment. But the company grows slowly, makes only a few types of products, and its stock doesn’t trade much, which can make it risky. So, if you want to invest, it’s better to put only a small amount of money and wait for stronger signs of growth before buying for the short term.

SNL Bearings earnings results

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Sales +343644484851
Expenses +282831363738
Operating Profit6912111013
OPM %17%24%28%24%22%26%
Other Income +111123
Interest000000
Depreciation111222
Profit before tax6812111114
Tax %25%26%25%26%27%23%
Net Profit +4698811
EPS in Rs11.4917.1424.4522.6521.6530.07
Dividend Payout %26%26%27%29%32%27%

Key Metrics

TTM PE RatioPB RatioDividend YieldSector PESector PBSector Div Yld
13.072.392.03%42.566.200.66%  

Peers & Comparison

StockPE RatioPB RatioDividend Yield
SNL Bearings Ltd13.082.392.03%
Cummins India Ltd47.0512.241.30%
Thermax Limited59.548.650.35%
AIA Engineering Ltd26.114.450.51%

Is SNL Bearings stock good to buy? (bull case & bear case)

Bull Case:

  • Strong position in the bearings market.
  • Healthy revenue and solid financials.
  • Growing demand in sectors like electric vehicles and renewable energy.
  • Expanding into new markets around the world.
  • The company has reduced its debt.
  • Almost debt-free now.
  • Paying a dividend of 29.2%.

Bear Case:

  • Relies too much on a few big customers or industries.
  • Slow sales growth of only 8.44% in the past five years.
  • More time needed to collect payments, with debtor days rising from 55.5 to 68.
  • Working capital days have nearly doubled from 190 to 371 days.

Conclusion

SNL Bearings Ltd is a small but strong company that makes needle roller bearings. The company has almost no debt, gives regular dividends, and is slowly growing its profits. It sells its products in India and other countries. However, it depends on a few industries, and its stock doesn’t get traded much, which can make it risky in the short term. Still, it can be a good choice for long-term investment as this stock looks very safe to invest in.

FAQs

Yes, the company is doing well. It doesn’t have much debt, makes a profit, and gives money (dividends) to its investors regularly.

Yes, it does.

Its P/E ratio is 13.58 as of April 2025.

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