SNL Bearings Share Price Target 2025, 2026, 2030, 2040, 2050
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.
- 1 What is SNL Bearings Ltd NSE: SNL?
- 2 Share price Target Tomorrow
- 3 SNL Bearings share price Target 2025
- 4 SNL Bearings share price Target 2026
- 5 Share price Target 2027
- 6 Share price Target 2028
- 7 Share price Target 2029
- 8 SNL Bearings share price Target 2030
- 9 Share price Target 2040
- 10 Share price Target 2050
- 11 Should I buy SNL Bearings stock?
- 12 SNL Bearings earnings results
- 13 Is SNL Bearings stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
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.
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.
Day | Minimum Price (Rs) | Maximum Price (Rs) |
Tomorrow | -10 | +18 |
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.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 304 | 488 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 335 | 384 |
February | 320 | 395 |
March | 326 | 383 |
April | 339 | 416 |
May | 327 | 426 |
June | 312 | 433 |
July | 304 | 447 |
August | 324 | 456 |
September | 344 | 466 |
October | 374 | 473 |
November | 400 | 476 |
December | 432 | 488 |
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.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2026 | 432 | 676 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 432 | 500 |
February | 448 | 518 |
March | 459 | 528 |
April | 470 | 550 |
May | 479 | 561 |
June | 488 | 570 |
July | 500 | 583 |
August | 511 | 600 |
September | 531 | 624 |
October | 557 | 640 |
November | 577 | 657 |
December | 590 | 676 |
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.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2027 | 590 | 865 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 590 | 692 |
February | 614 | 709 |
March | 628 | 717 |
April | 640 | 728 |
May | 651 | 739 |
June | 678 | 751 |
July | 688 | 770 |
August | 698 | 791 |
September | 715 | 808 |
October | 745 | 824 |
November | 767 | 840 |
December | 790 | 865 |
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.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2028 | 790 | 1054 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 790 | 879 |
February | 817 | 898 |
March | 825 | 922 |
April | 834 | 933 |
May | 847 | 942 |
June | 855 | 961 |
July | 869 | 978 |
August | 881 | 990 |
September | 912 | 1000 |
October | 928 | 1021 |
November | 957 | 1038 |
December | 974 | 1054 |
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.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2029 | 974 | 1250 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 974 | 1071 |
February | 988 | 1090 |
March | 1000 | 1120 |
April | 1018 | 1134 |
May | 1022 | 1132 |
June | 1040 | 1149 |
July | 1054 | 1160 |
August | 1072 | 1179 |
September | 1090 | 1190 |
October | 1125 | 1229 |
November | 1157 | 1237 |
December | 1187 | 1250 |
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.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 1187 | 1451 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1187 | 1272 |
February | 1200 | 1292 |
March | 1218 | 1319 |
April | 1229 | 1329 |
May | 1245 | 1339 |
June | 1270 | 1364 |
July | 1284 | 1376 |
August | 1300 | 1390 |
September | 1321 | 1419 |
October | 1347 | 1425 |
November | 1367 | 1438 |
December | 1390 | 1451 |
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.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 2917 | 3250 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 2917 | 3000 |
February | 2928 | 3021 |
March | 2941 | 3040 |
April | 2961 | 3051 |
May | 2977 | 3078 |
June | 2990 | 3090 |
July | 3019 | 3121 |
August | 3027 | 3137 |
September | 3051 | 3158 |
October | 3087 | 3181 |
November | 3100 | 3230 |
December | 3134 | 3250 |
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.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 5021 | 5410 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 5021 | 5120 |
February | 5039 | 5139 |
March | 5050 | 5151 |
April | 5069 | 5168 |
May | 5090 | 5188 |
June | 5120 | 5228 |
July | 5139 | 5248 |
August | 5157 | 5274 |
September | 5178 | 5290 |
October | 5200 | 5327 |
November | 5229 | 5354 |
December | 5258 | 5374 |
Should I buy SNL Bearings stock?
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 304 | 488 |
2026 | 432 | 676 |
2027 | 590 | 865 |
2028 | 790 | 1054 |
2029 | 974 | 1250 |
2030 | 1187 | 1451 |
2040 | 2917 | 3250 |
2050 | 5021 | 5410 |
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 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
Sales + | 34 | 36 | 44 | 48 | 48 | 51 |
Expenses + | 28 | 28 | 31 | 36 | 37 | 38 |
Operating Profit | 6 | 9 | 12 | 11 | 10 | 13 |
OPM % | 17% | 24% | 28% | 24% | 22% | 26% |
Other Income + | 1 | 1 | 1 | 1 | 2 | 3 |
Interest | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 1 | 1 | 1 | 2 | 2 | 2 |
Profit before tax | 6 | 8 | 12 | 11 | 11 | 14 |
Tax % | 25% | 26% | 25% | 26% | 27% | 23% |
Net Profit + | 4 | 6 | 9 | 8 | 8 | 11 |
EPS in Rs | 11.49 | 17.14 | 24.45 | 22.65 | 21.65 | 30.07 |
Dividend Payout % | 26% | 26% | 27% | 29% | 32% | 27% |
Key Metrics
TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
13.07 | 2.39 | 2.03% | 42.56 | 6.20 | 0.66% Â |
Peers & Comparison
Stock | PE Ratio | PB Ratio | Dividend Yield |
SNL Bearings Ltd | 13.08 | 2.39 | 2.03% |
Cummins India Ltd | 47.05 | 12.24 | 1.30% |
Thermax Limited | 59.54 | 8.65 | 0.35% |
AIA Engineering Ltd | 26.11 | 4.45 | 0.51% |
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.