NRB Bearings Ltd

NRB Bearings Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

NRB Bearings Ltd

₹ 289 -2.99%
04 Jul - close price
nrbbearings.com BSE: 530367 NSE: NRBBEARING
About

NRB Bearings have pioneered in the manufacturing of needle roller bearings in India since 1965. More than 90% of the vehicles running on Indian roads are running on bearings manufactured by NRB.

The Company is engaged in the business of manufacturing ball and roller bearings having its applications in automotive sector as well as across all mobility applications.

Key Points

Market Leadership
The company is a leader in needle roller bearings, conventional cylindrical roller bearings, and has developed a new generation of lightweight drawn cup bearings. It was the first to manufacture needle roller bearings in India, with an estimated market share of 60% in this segment. Over 90% of Indian vehicles use parts manufactured by the company. [1][2]

Website BSE NSE
  • Market Cap ₹ 2,798 Cr.
  • Current Price ₹ 289
  • High / Low ₹ 348 / 191
  • Stock P/E 29.3
  • Book Value ₹ 90.7
  • Dividend Yield 0.87 %
  • ROCE 14.5 %
  • ROE 11.0 %
  • Face Value ₹ 2.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 46.5%

Cons

  • Stock is trading at 3.18 times its book value
  • The company has delivered a poor sales growth of 7.46% over past five years.
  • Company has a low return on equity of 12.3% over last 3 years.
  • Promoters have pledged or encumbered 91.4% of their holding.

* 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

Consumer Discretionary Automobile and Auto Components Auto Components Auto Components & Equipments

Part of BSE SmallCap BSE Allcap BSE Consumer Discretionary

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
247.30 235.55 260.80 249.01 277.74 247.40 261.73 247.95 265.29 253.35 272.15 257.08 294.94
206.89 196.44 235.46 217.98 223.79 212.03 223.31 221.03 224.79 224.54 232.78 223.03 244.27
Operating Profit 40.41 39.11 25.34 31.03 53.95 35.37 38.42 26.92 40.50 28.81 39.37 34.05 50.67
OPM % 16.34% 16.60% 9.72% 12.46% 19.42% 14.30% 14.68% 10.86% 15.27% 11.37% 14.47% 13.24% 17.18%
-2.00 3.37 7.32 12.15 -3.98 22.37 7.23 192.18 13.34 5.86 10.12 3.02 -43.50
Interest 3.97 3.05 3.52 4.80 7.15 6.05 5.91 5.49 3.19 2.56 2.42 1.84 1.64
Depreciation 8.22 8.42 9.09 9.31 9.15 9.12 9.26 9.51 9.58 9.70 9.98 10.23 10.20
Profit before tax 26.22 31.01 20.05 29.07 33.67 42.57 30.48 204.10 41.07 22.41 37.09 25.00 -4.67
Tax % 25.82% 25.67% 26.38% 28.69% 19.04% 16.21% 23.95% 20.67% 27.66% 21.69% 24.43% 27.16% 9.42%
19.45 23.05 14.76 20.73 27.26 35.67 23.18 161.91 29.71 17.55 28.03 18.21 -5.11
EPS in Rs 2.01 2.38 1.52 2.14 2.81 3.68 2.39 16.71 3.07 1.81 2.89 1.88 -0.53
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
593 654 657 707 831 940 752 736 912 1,023 1,023 1,078
492 539 557 604 679 775 679 648 783 870 881 925
Operating Profit 101 115 100 102 152 166 73 88 130 153 142 153
OPM % 17% 18% 15% 14% 18% 18% 10% 12% 14% 15% 14% 14%
5 5 10 11 12 23 19 12 13 15 235 -24
Interest 18 18 18 17 15 15 21 21 17 19 21 8
Depreciation 33 28 29 29 28 32 29 27 33 36 37 40
Profit before tax 55 74 64 68 120 143 42 52 93 114 318 80
Tax % 30% 30% 28% 27% 32% 31% 29% 16% 25% 25% 21% 26%
38 52 46 49 82 99 29 44 70 86 250 59
EPS in Rs 3.94 5.37 4.75 5.09 8.45 10.19 3.04 4.51 7.24 8.85 25.85 6.06
Dividend Payout % 28% 28% 30% 28% 31% 26% 26% 11% 28% 11% 16% 112%
Compounded Sales Growth
10 Years: 5%
5 Years: 7%
3 Years: 6%
TTM: 5%
Compounded Profit Growth
10 Years: 6%
5 Years: 27%
3 Years: 10%
TTM: 12%
Stock Price CAGR
10 Years: 11%
5 Years: 28%
3 Years: 27%
1 Year: -16%
Return on Equity
10 Years: 13%
5 Years: 12%
3 Years: 12%
Last Year: 11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 19 19 19 19 19 19 19 19 19 19 19 19
Reserves 217 252 282 304 371 455 440 490 558 622 827 860
293 309 298 264 204 259 331 229 279 304 132 74
132 148 136 133 176 178 151 167 152 166 157 150
Total Liabilities 662 729 735 720 770 911 941 905 1,008 1,112 1,135 1,103
203 221 224 212 224 285 321 313 310 298 281 285
CWIP 33 2 3 7 13 13 11 6 6 3 10 19
Investments 21 20 19 24 25 31 29 31 57 33 42 35
405 487 489 477 508 582 580 554 635 778 802 764
Total Assets 662 729 735 720 770 911 941 905 1,008 1,112 1,135 1,103

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
61 57 97 72 127 47 84 148 8 37 108 87
-59 -17 -22 -14 -39 -65 -46 -24 -43 -35 137 3
-0 -18 -71 -68 -97 28 6 -124 21 -13 -241 -92
Net Cash Flow 2 22 3 -10 -9 10 44 -1 -14 -11 3 -2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 118 121 132 108 104 86 100 104 88 93 81 83
Inventory Days 210 217 170 194 147 226 225 211 242 224 225 217
Days Payable 122 130 117 118 107 106 89 128 94 84 57 60
Cash Conversion Cycle 205 207 184 184 143 206 237 187 237 232 249 239
Working Capital Days 140 149 127 137 103 127 142 143 159 179 179 169
ROCE % 15% 16% 14% 14% 23% 21% 8% 10% 14% 16% 13% 15%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
49.86% 49.86% 49.90% 50.11% 50.24% 50.63% 50.67% 50.69% 50.69% 51.16% 51.12% 51.20%
21.50% 21.52% 21.32% 21.29% 21.85% 14.31% 14.31% 14.33% 13.69% 13.74% 13.45% 13.65%
11.61% 11.87% 11.76% 11.49% 11.18% 19.48% 19.69% 18.59% 17.58% 17.08% 15.34% 14.56%
17.04% 16.75% 17.02% 17.11% 16.73% 15.58% 15.32% 16.39% 18.05% 18.01% 20.08% 20.59%
No. of Shareholders 46,73744,69746,27447,96645,66247,76653,05752,83764,25965,25073,83675,444

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

Annual reports

Credit ratings

Concalls

  • Jun 2025
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  • Mar 2025
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  • Aug 2023
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  • Feb 2022
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  • Dec 2021
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  • Nov 2021
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