NRB Bearings Ltd.

NRB Bearings Ltd.

438.80
INR
-16.75
(-3.68%)
15.53EPS
29.29P/E
43.18BMarket Cap
Nov 16Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
62.68
69.16
69.64
74.29
87.49
98.01
79.02
77.41
94.78
106.81
110.62
121.45
135.47
143.81
Basic EPS, GAAP
3.4
5.49
4.33
5.33
9.36
11.17
3.31
5.58
7.56
9.7
24.7
8.2
14.73
15.21
Free Cash Flow per Basic Share
1.05
4.86
7.5
5.94
9.7
-2.37
3.77
12.55
-1.47
2.06
6.79
0.18
14.03
- -
Dividend per Share
1.7
1.1
2.9
1.36
0.01
1.2
3.48
- -
0.34
1.36
3.5
0.12
9.98
- -
Book Value per Share
22.6
26.23
27.48
31.36
39
48.55
47.14
53.42
60.73
68.9
88.72
94.73
99.32
- -
Tangible Book Value per Share
22.47
26.09
27.34
31.26
38.87
48.42
47.02
53.09
60.26
68.45
88.25
94.42
99
- -
Basic Weighted Avg Shares
97
97
97
97
97
97
97
97
97
97
97
97
97
97
Sales/Revenue/Turnover
6,075
6,703
6,749
7,200
8,479
9,499
7,659
7,502
9,186
10,352
10,721
11,772
13,131
13,946
Operating Margin (%)
11.12
14.71
11.9
12.7
16.31
15.87
7.24
10.2
12.02
13.1
12.57
12.88
13.5
13.07
Depreciation Expense
356
310
319
323
310
353
333
307
372
408
433
476
570
624
Net Income, GAAP
330
532
420
517
907
1,082
321
541
733
940
2,394
794
1,428
1,475
Effective Tax Rate (%)
34.95
31.18
32.42
29.56
31.34
30.04
29.13
16.15
25.54
24.66
23.54
27.36
25.01
24.94
Profit Margin (%)
5.43
7.94
6.22
7.17
10.7
11.39
4.19
7.21
7.98
9.08
22.33
6.75
10.87
10.58
Working Capital
420
895
317
1,182
1,468
1,887
1,274
2,120
2,486
3,159
4,770
4,791
4,477
- -
LT Debt
968
1,008
615
1,073
689
829
738
897
673
707
298
9
17
- -
Total Equity
2,215
2,571
2,704
3,095
3,857
4,799
4,664
5,289
6,017
6,824
8,760
9,365
9,830
- -
Return on Invested Capital (%)
6.84
10.14
7.79
9.81
16.75
17.97
5.14
8.11
9.65
10.1
24.5
6.83
11.47
- -
Return on Capital (%)
9.21
12.44
9.22
10.64
16.35
17.17
5.7
8.68
9.86
11.11
24.61
7.75
12.94
- -
Return on Common Equity (%)
15.82
22.5
16.14
18.11
26.61
25.51
6.92
11.09
13.25
14.96
31.35
8.94
15.18
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,522
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
17
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
97
97
97
Market Capitalization
26,145
20,998
43,179

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
8,034
- -
Cash, Cash Equivalents & STI
- -
667
- -
Accounts Receivable, Net
- -
2,442
- -
Inventories
- -
4,337
- -
Total Current Liabilities
- -
3,557
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,522
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.15%
13.48%
4.97%
Free Cash Flow
717.01%
1,455.71%
7,498.88%
Net Income, GAAP
34.75%
46.29%
79.7%
Sales/Revenue/Turnover
7.51%
12.01%
11.54%
Total Cash Common Dividend
4,251.54%
3,879.66%
8,170.09%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2,893
3,015
2,785
3,293
11,772
2026
3,101
3,252
3,279
3,720
13,131
2027
3,695
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.57
3.64
2.2
-0.21
8.2
2026
3.31
4.19
2.95
4.27
14.73
2027
3.8
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.12
2026
- -
- -
- -
- -
9.98
2027
- -
- -
- -
- -
- -

Company Description

CEO
Harshbeena Sahney Zaveri
Full Time Employees
3,889
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
Dhannur, 15 Mumbai MH India 400001
IPO Date
Jan 1, 1995
Business
NRB Bearings Limited, founded in 1965 and headquartered in Mumbai, India, manufactures and sells a comprehensive range of high-precision ball and roller bearings, including needle roller bearings, cylindrical roller bearings, drawn cup needle and cylindrical bearings, tapered and spherical roller bearings, thrust and combined bearings, special ball bearings, rocker-arm bearings, full-complement needle bearings, polyamide and steel needle cages, planetary shafts, crank pins, and other custom friction solutions for automotive and industrial applications; the company serves original equipment manufacturers in two- and three-wheelers, passenger vehicles, trucks, commercial vehicles, tractors, agriculture, off-highway construction equipment, defense, and aftermarket segments, with key customers such as Hero MotoCorp, Honda, TVS, Maruti Suzuki, Mahindra, Daimler, Volvo, Renault, Stellantis, and JCB, and exports to over 45 countries including the United States, Germany, Sweden, Thailand, and Australia through manufacturing facilities in India and Thailand, as well as subsidiaries SNL Bearings Limited, NRB Bearings (Thailand) Limited, NRB Bearings Europe GmbH, and NRB US Inc. NRB maintains eight manufacturing plants across India, including facilities in Thane, Aurangabad, Waluj, and Jalna, and a 40,000 sq ft world-class R&D center in Turbhe, Navi Mumbai, with over 70 engineers focused on application engineering, CAE, prototyping, testing, light-weighting, noise reduction, and EV/hybrid innovations. Recent developments include a Rs 200 crore investment announced in 2025 for manufacturing and R&D expansion targeting EV, hybrid, and ICE platforms; a joint venture in December 2025 with Italy's Unitec Group (Mondial Group) to produce cylindrical roller bearings at a new LEED-certified plant in Hyderabad, with Unitec providing technology and off-take for 20% output; acquisition of a 99% stake in Sahney Bearings Private Limited in October 2025 for Rs 1 lakh to enter new auto components opportunities; and strategic acquisitions of NRB Thailand and marketing subsidiaries by NRB Holdings in 2023, alongside a new industrial sector strategy unveiled in 2025.