NRB Bearings Ltd

₹ 370 -3.09%

29 May - 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 ₹ 3,586 Cr.
Current Price ₹ 370
High / Low ₹ 390 / 213
Stock P/E 28.3
Book Value ₹ 93.0
Dividend Yield 2.15 %
ROCE 18.3 %
ROE 14.2 %
Face Value ₹ 2.00

Add ratio to table

Edit ratios

Pros

Company has reduced debt.
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 63.8%

Cons

The company has delivered a poor sales growth of 10.0% over past five years.
Company has a low return on equity of 12.3% over last 3 years.
Promoters have pledged 77.7% 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 Consumer Discretionary BSE 1000

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	278	247	262	248	265	253	272	257	295	279	291	296	320
	224	212	223	221	225	225	233	223	244	239	250	248	268
Operating Profit	54	35	38	27	40	29	39	34	51	39	40	48	52
OPM %	19%	14%	15%	11%	15%	11%	14%	13%	17%	14%	14%	16%	16%
	-4	22	7	192	13	6	10	3	-44	9	17	-3	9
Interest	7	6	6	5	3	3	2	2	2	2	1	1	1
Depreciation	9	9	9	10	10	10	10	10	10	11	11	12	13
Profit before tax	34	43	30	204	41	22	37	25	-5	36	45	33	47
Tax %	19%	16%	24%	21%	28%	22%	24%	27%	9%	27%	20%	27%	26%
	27	36	23	162	30	18	28	18	-5	26	36	24	35
EPS in Rs	2.81	3.68	2.39	16.71	3.07	1.81	2.89	1.88	-0.53	2.72	3.76	2.47	3.58
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	654	657	707	831	940	752	736	912	1,023	1,023	1,078	1,186
	539	557	604	679	775	679	648	783	870	881	925	1,005
Operating Profit	115	100	102	152	166	73	88	130	153	142	153	180
OPM %	18%	15%	14%	18%	18%	10%	12%	14%	15%	14%	14%	15%
	5	10	11	12	23	19	12	13	15	235	-24	31
Interest	18	18	17	15	15	21	21	17	19	21	8	4
Depreciation	28	29	29	28	32	29	27	33	36	37	40	46
Profit before tax	74	64	68	120	143	42	52	93	114	318	80	161
Tax %	30%	28%	27%	32%	31%	29%	16%	25%	25%	21%	26%	25%
	52	46	49	82	99	29	44	70	86	250	59	122
EPS in Rs	5.37	4.75	5.09	8.45	10.19	3.04	4.51	7.24	8.85	25.85	6.06	12.54
Dividend Payout %	28%	30%	28%	31%	26%	26%	11%	28%	11%	16%	112%	63%

Compounded Sales Growth
10 Years:	6%
5 Years:	10%
3 Years:	5%
TTM:	10%

Compounded Profit Growth
10 Years:	11%
5 Years:	24%
3 Years:	11%
TTM:	34%

Stock Price CAGR
10 Years:	13%
5 Years:	26%
3 Years:	29%
1 Year:	37%

Return on Equity
10 Years:	13%
5 Years:	13%
3 Years:	12%
Last Year:	14%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	19	19	19	19	19	19	19	19	19	19	19	19
Reserves	252	282	304	371	455	440	490	558	622	827	860	882
	309	298	264	204	259	331	229	279	304	132	74	33
	148	136	133	176	178	151	167	152	166	157	150	176
Total Liabilities	729	735	720	770	911	941	905	1,008	1,112	1,135	1,103	1,111
	221	224	212	224	285	321	313	310	298	281	285	312
CWIP	2	3	7	13	13	11	6	6	3	10	19	9
Investments	20	19	24	25	31	29	31	57	33	42	35	40
	487	489	477	508	582	580	554	635	778	802	764	750
Total Assets	729	735	720	770	911	941	905	1,008	1,112	1,135	1,103	1,111

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	57	97	72	127	47	84	148	8	37	108	86	183
	-17	-22	-14	-39	-65	-46	-24	-43	-35	137	2	-56
	-18	-71	-68	-97	28	6	-124	21	-13	-241	-91	-141
Net Cash Flow	22	3	-10	-9	10	44	-1	-14	-11	3	-3	-15
Free Cash Flow	44	79	48	93	-25	32	119	-16	19	77	34	120
CFO/OP	72%	115%	93%	106%	58%	129%	181%	23%	45%	98%	78%	126%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	121	132	108	104	86	100	104	88	93	81	83	90
Inventory Days	217	170	194	147	226	225	211	242	224	225	217	180
Days Payable	130	117	118	107	106	89	128	94	84	57	60	65
Cash Conversion Cycle	207	184	184	143	206	237	187	237	232	249	239	205
Working Capital Days	53	35	62	63	67	36	74	74	96	142	145	132
ROCE %	16%	14%	14%	23%	21%	8%	10%	14%	16%	13%	14%	18%

Insights

In beta

Mar 2014

Mar 2015

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

R&D Spend (Standalone)
INR Lacs

xxx.xx	xxx.xx	xxx.xx	xxx.xx	x,xxx.xx	x,xxx.xx	x,xxx.xx	x,xxx.xx	x,xxx.xx	x,xxx.xx	x,xxx.xx	x,xxx.xx
	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx
		x,xxx			x,xxx	x,xxx	x,xxx	x,xxx	x,xxx	x,xxx
						xx	xx	xx	xx	xx	xx
							xx	xx	xx		xx
								xxx	xxx	xxx	xxx
	xx										xx

Please log in to see hidden values.

Export Revenue Mix
%

Number of Product Designs / Categories (SKUs)
Count

Geographic Reach (Number of Countries Served)
Count

Market Share in Needle Roller Bearings (India)
%

Number of Dealers/Distributors
Count

Market Share in Cylindrical Roller Bearings (India)
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

11 Recently

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	50.24%	50.63%	50.67%	50.69%	50.69%	51.16%	51.12%	51.20%	51.20%	51.20%	51.20%	51.20%
	21.85%	14.31%	14.31%	14.33%	13.69%	13.74%	13.45%	13.65%	14.05%	14.29%	14.12%	14.69%
	11.18%	19.48%	19.69%	18.59%	17.58%	17.08%	15.34%	14.56%	13.33%	12.27%	10.31%	10.06%
	16.73%	15.58%	15.32%	16.39%	18.05%	18.01%	20.08%	20.59%	21.42%	22.25%	24.37%	24.06%
No. of Shareholders	45,662	47,766	53,057	52,837	64,259	65,250	73,836	75,444	73,187	70,852	71,692	70,810

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	54.66%	53.63%	52.67%	48.74%	49.62%	49.85%	50.11%	50.69%	51.20%	51.20%
	19.12%	17.39%	15.28%	19.48%	20.14%	21.90%	21.29%	14.33%	13.65%	14.69%
	14.68%	16.11%	19.28%	21.39%	13.72%	11.60%	11.49%	18.59%	14.56%	10.06%
	11.54%	12.87%	12.77%	10.39%	16.51%	16.65%	17.11%	16.39%	20.59%	24.06%
No. of Shareholders	11,273	22,141	25,264	23,343	45,403	48,181	47,966	52,837	75,444	70,810

* 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.

Click on the line-items to see the names of individual entities.

Documents

Announcements

All

Annual reports

Credit ratings

Concalls

May 2026
Transcript
PPT
REC
Feb 2026
Transcript
PPT
Nov 2025
Transcript PPT
Jun 2025

Transcript

AI Summary
PPT
Mar 2025

Transcript

AI Summary
PPT
Aug 2023

Transcript

AI Summary
PPT
Feb 2022

Transcript

AI Summary
PPT
Dec 2021

Transcript

AI Summary
PPT
Nov 2021

Transcript

AI Summary
PPT