NRB Industrial Bearings Ltd

₹ 26.4 1.54%
23 Sep - close price
About

NRB Industrial Bearings Ltd is a leading manufacturer of ball and roller bearings for the industrial market and is engaged in the business of manufacturing and selling of all types of industrial bearings. [1]

Key Points

Products
Single Row Angular Contact Ball Bearings: These are designed to accommodate axial loads in one direction only. It is used in industries like pumps, machine tools, textile, etc.
Cam Followers: Cam Followers are designed to run directly on surfaces such as cams, ramps, and slide ways. They are used in industries like factory automation, metals, etc.
Other products: Deep Groove Ball Bearings, Spherical Roller Bearing, Cylindrical Roller Bearings, Bottom Roller Bearings, etc. [1]

  • Market Cap 63.9 Cr.
  • Current Price 26.4
  • High / Low 34.8 / 17.5
  • Stock P/E
  • Book Value -1.77
  • Dividend Yield 0.00 %
  • ROCE -1.59 %
  • ROE -22.4 %
  • Face Value 2.00

Pros

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of -32.5% for last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Bearings Industry: Bearings

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
10.51 10.87 11.46 8.85 5.52 14.64 16.76 19.49 14.41 16.85 18.20 19.98 15.80
11.06 13.49 12.55 8.26 5.72 12.87 14.45 17.29 12.92 16.09 17.01 17.57 16.85
Operating Profit -0.55 -2.62 -1.09 0.59 -0.20 1.77 2.31 2.20 1.49 0.76 1.19 2.41 -1.05
OPM % -5.23% -24.10% -9.51% 6.67% -3.62% 12.09% 13.78% 11.29% 10.34% 4.51% 6.54% 12.06% -6.65%
0.38 0.15 0.59 0.40 0.35 0.39 13.34 0.14 0.46 0.14 0.14 0.54 0.23
Interest 2.51 2.31 1.44 1.60 1.68 1.75 1.86 1.86 1.84 1.97 2.08 1.95 2.23
Depreciation 2.21 2.23 2.22 2.24 2.23 2.24 2.25 2.20 2.23 2.29 2.27 2.32 2.28
Profit before tax -4.89 -7.01 -4.16 -2.85 -3.76 -1.83 11.54 -1.72 -2.12 -3.36 -3.02 -1.32 -5.33
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit -4.90 -7.01 -4.15 -2.85 -3.76 -1.84 11.54 -1.72 -2.13 -3.36 -3.02 -1.32 -5.33
EPS in Rs -2.02 -2.89 -1.71 -1.18 -1.55 -0.76 4.76 -0.71 -0.88 -1.39 -1.25 -0.54 -2.20
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Sep 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
0 0 30 37 39 39 43 56 42 56 69 71
0 0 44 43 44 44 48 55 45 50 63 68
Operating Profit -0 0 -14 -6 -4 -5 -4 1 -3 6 6 3
OPM % -46% -16% -11% -12% -10% 2% -8% 11% 9% 5%
0 0 3 6 1 1 1 2 1 14 1 1
Interest 0 0 7 11 8 7 9 8 8 7 8 8
Depreciation 0 0 7 9 8 9 9 9 9 9 9 9
Profit before tax -0 0 -24 -20 -19 -20 -20 -14 -19 4 -10 -13
Tax % 0% 4% 0% 0% 0% 0% 0% 0% 0% 0%
Net Profit -0 0 -23 -20 -19 -20 -20 -14 -19 4 -10 -13
EPS in Rs -9.56 -8.10 -7.92 -8.11 -8.44 -5.77 -7.80 1.74 -4.05 -5.38
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 12%
3 Years: 7%
TTM: 8%
Compounded Profit Growth
10 Years: %
5 Years: 9%
3 Years: 9%
TTM: -85%
Stock Price CAGR
10 Years: %
5 Years: -2%
3 Years: 56%
1 Year: 40%
Return on Equity
10 Years: %
5 Years: -47%
3 Years: -32%
Last Year: -22%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Sep 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
0 0 5 5 15 5 21 28 40 44 50
Reserves -0 -0 34 14 -5 2 3 -2 -4 1 -9
0 0 110 124 127 132 106 96 73 62 69
0 0 38 17 29 15 33 46 54 65 64
Total Liabilities 0 0 187 160 156 153 147 145 128 133 129
0 0 110 110 103 105 97 90 89 80 73
CWIP 0 0 0 0 0 0 2 3 3 3 3
Investments 0 0 4 4 4 4 4 5 5 5 5
0 0 73 45 48 43 44 47 31 45 48
Total Assets 0 0 187 160 156 153 147 145 128 133 129

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Sep 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-0 0 -11 -15 -4 4 -1 5 3 3 -1
0 -0 -10 7 -2 -1 -3 -3 -0 -0 -2
0 0 22 8 7 -3 4 -2 -3 1 5
Net Cash Flow 0 -0 0 -0 0 -0 1 0 -0 4 2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Sep 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 94 75 114 98 85 73 62 97 89
Inventory Days 707 504 530 440 369 354 513 341 276
Days Payable 804 331 378 299 255 321 404 329 220
Cash Conversion Cycle -3 248 266 239 199 105 171 109 145
Working Capital Days 13 -20 61 17 145 45 79 89 113
ROCE % -26% -9% -8% -9% -9% -5% -9% -1% -2%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
70.70 70.70 72.97 72.97 73.32 73.72 73.93 73.95 74.08 74.08 74.08 74.11
4.22 4.22 1.66 1.32 0.36 0.01 0.01 0.01 0.01 0.01 0.01 0.01
25.08 25.08 25.37 25.71 26.32 26.27 26.06 26.04 25.91 25.91 25.91 25.89

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