NRB Bearings Ltd logo

NRB Bearings Ltd

NRBBEARING NSE

Key Fundamentals

MicrocapAuto ComponentsAutomobiles
Market Cap
₹4,602 Cr
Volatility
Moderate
P/E Ratio
30.87
EBITDA
₹267 Cr
Return on Equity
14.81%
Debt to Equity
0.16
Book Value
₹99.32
EPS
₹9.74
52W High
₹503.9
52W Low
₹212.55

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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42 extracted metrics + investor summaries across FY15–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

1
  • Company has been maintaining a healthy dividend payout of 46.1%

Weaknesses

3
  • Promoter holding has decreased over last quarter: -6.47%
  • The company has delivered a poor sales growth of 11.9% over past five years.
  • Company has a low return on equity of 13.8% over last 3 years.

Growth Rate

Revenue Growth
11.96% ↗
Net Income Growth
76.91% ↗
Cash Flow Change
187.81% ↗
ROE
68.49% ↗
ROCE
56.00% ↗
EBITDA Margin (Avg.)
6.45% ↗

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 50d ago
AI opinion · based on fundamentals
Risk high

NRB Bearings Ltd is a niche bearing manufacturer with a market cap of ₹4,080 Cr, trading at a PE of 28.2x. The company has delivered strong profit growth (31% TTM) and maintains a healthy dividend payout of 51.2%, but faces headwinds from high promoter pledge of 77.7% and modest sales growth of 11% TTM.

Bull Case 7
  • Strong TTM profit growth of 31% indicates improving margins and operational efficiency
  • Healthy dividend payout ratio of 51.2% with a dividend yield of 1.88%, rewarding shareholders consistently
  • 5-year compounded profit growth of 22% significantly outpaces 5-year sales growth of 12%, suggesting sustained margin expansion
  • ROE has improved to 16% in the last year from a 10-year average of 15%, showing incremental capital efficiency gains
  • Stock CAGR of 47% over 1 year reflects strong market re-rating and investor confidence in the business trajectory
  • 10-year compounded profit growth of 13% exceeds 10-year sales growth of 7%, demonstrating long-term operating leverage
  • 3-year stock CAGR of 25% and 5-year CAGR of 24% indicate consistent wealth creation over multiple time horizons
Bear Case 8
  • Promoters have pledged 77.7% of their holding, creating significant risk of forced selling or loss of control in a downturn
  • 5-year sales growth of only 12% (and 10-year at 7%) indicates limited top-line scalability for a company trading at 28.2x PE
  • 3-year ROE of only 13.8% is modest for a company with a price-to-book ratio of 4.26x, implying premium valuation relative to returns generated
  • PE of 28.2x is elevated for a company delivering TTM revenue growth of just 11%, resulting in a high PEG-like profile
  • 10-year sales CAGR of only 7% suggests the company operates in a structurally slow-growth segment of the bearings market
  • 3-year compounded profit growth of 14% is significantly lower than TTM profit growth of 31%, raising questions about sustainability of recent acceleration
  • Price-to-book of 4.26x is rich for a business with 3-year average ROE of approximately 14%, offering limited margin of safety
  • 3-year sales CAGR of only 8% lags behind 3-year profit CAGR of 14%, and margin expansion has finite limits without top-line support

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 50d ago
Headwinds 3
  • Promoter sells 4.51% stake Jun 10

    Trilochan Singh Sahney Trust 1 sold 4.51% stake via market sale on June 8, 2026, signaling potential promoter-level liquidity needs.

  • DII stake declines in Q4 Jun 8

    DII holding decreased to 10.06% in the latest quarter, indicating reduced domestic institutional confidence despite strong stock performance.

  • Valuation stretched at 29.9x PE Jun 8

    Stock trades at P/E of 29.90x and P/B of 4.34x after a 98% rally from March lows, leaving limited margin of safety for new investors.

Positives 5
  • Q4FY26 profit turnaround to ₹41.4Cr Jun 8

    NRB Bearings posted net profit of ₹41.4 crore in Q4FY26 vs a loss of ₹2.1 crore YoY, with revenue up 13% to ₹372 crore and EBITDA up 11% to ₹67 crore.

  • Stock hits 52-week high ₹426.60 Jun 8

    Shares surged 9.72% to ₹426.60 on June 8, rebounding 98% from the March 30 low of ₹213.10, massively outperforming peers like Schaeffler (-6.38%) and SKF India (-9.72%).

  • FII holding rises to 14.69% Jun 8

    Foreign institutional investor stake increased to 14.69% in the latest quarter, with Singapore-based Arohi Capital buying 43.70 lakh shares at ₹390 via bulk deal.

  • Total FY26 dividend at ₹7.95/share Jun 8

    Board declared third interim dividend of ₹2.25 per share, bringing total FY26 payout to ₹7.95 per share with a dividend yield of 1.81%.

  • Promoter reduces pledge significantly Jun 27

    Promoter Harshbeena Sahney Zaveri released 1.96 Cr shares on Jun 13 and 45.68 lakh shares on Jun 27, reducing encumbrance from 25.53% to 6.70% of promoter holding.

Neutral 3
  • 61st AGM set for July 29 Jul 2

    NRB Bearings will hold its 61st AGM via video conferencing on July 29, 2026, with record date of July 24.

  • Trading window closed for Q1FY27 Jun 22

    Insider trading window closed from July 1 until 48 hours after Q1FY27 results declaration.

  • Promoter trust unpledges 70K shares Jun 10

    Trilochan Singh Sahney Trust 1 released 70,000 shares pledged with Aditya Birla Capital following a loan prepayment.

TL;DR: NRB Bearings is firing on all cylinders with a strong Q4FY26 turnaround (₹41.4Cr profit vs loss YoY), 13% revenue growth, and a 98% stock rally from March lows. Promoter pledge reduction from 25.53% to 6.70% is a clear positive, though the 4.51% stake sale by a promoter trust and elevated valuations at ~30x PE warrant caution. The trend is strongly improving on fundamentals and momentum, but the pace of re-rating may moderate given stretched multiples and upcoming Q1FY27 results.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
272
279
258
285
289
302
279
329
310
325
328
372
370
Expenses
227
233
223
237
247
250
234
269
259
272
267
305
306
Operating Profit
45
46
36
47
42
52
45
60
51
54
60
67
64
OPM %
17%
16%
14%
17%
15%
17%
16%
18%
17%
16%
18%
18%
17%
Other Income
-1
5
192
12
5
10
2
-45
9
14
-3
7
8
Interest
6
6
6
4
3
3
3
2
3
2
2
2
2
Depreciation
11
11
11
11
11
12
12
12
13
13
14
16
18
PBT
28
34
211
44
33
48
32
1
45
52
41
56
51
Tax %
31%
27%
21%
28%
23%
25%
31%
284%
27%
21%
29%
25%
27%
Net Profit
19
25
166
32
26
36
22
-1
33
41
29
42
38
EPS in Rs
1.91
2.48
17.09
3.22
2.57
3.64
2.2
-0.21
3.31
4.19
2.95
4.27
3.8
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
669
673
726
855
965
776
762
943
1,057
1,094
1,199
1,335
1,395
Expenses
545
562
608
686
779
689
658
796
881
918
999
1,103
1,150
Operating Profit
124
111
117
169
186
86
105
147
176
176
199
232
245
OPM %
19%
17%
16%
20%
19%
11%
14%
16%
17%
16%
17%
17%
18%
Other Income
4
3
8
12
22
16
15
10
12
205
-27
27
26
Interest
19
18
18
15
16
22
23
18
20
22
11
9
8
Depreciation
31
32
32
31
35
33
31
37
41
43
48
57
62
PBT
78
64
75
135
157
47
66
102
128
316
113
194
201
Tax %
31%
32%
30%
31%
30%
29%
16%
26%
25%
24%
27%
25%
—
Net Profit
54
43
53
93
110
33
56
76
96
242
82
146
151
EPS in Rs
5.49
4.33
5.33
9.36
11.17
3.31
5.58
7.56
9.7
24.71
8.2
14.73
15.21
Div. Payout %
27%
32%
26%
28%
23%
24%
9%
26%
10%
17%
83%
39%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
19
19
19
19
19
19
19
19
19
19
19
19
Reserves
235
260
285
359
451
438
498
569
648
841
899
943
Borrowings
327
311
275
216
280
359
253
302
329
178
187
154
Other Liabilities
153
142
144
195
197
167
186
183
215
201
201
239
Total Liabilities
735
732
723
789
948
983
956
1,074
1,212
1,239
1,306
1,356
Fixed Assets
258
259
247
260
322
364
359
358
351
337
377
421
CWIP
4
5
9
15
15
16
10
11
28
43
40
43
Investments
0
0
6
14
13
12
12
34
36
44
58
74
Other Assets
473
468
461
500
598
591
575
671
796
815
832
818
Total Assets
735
732
723
789
948
983
956
1,074
1,212
1,239
1,306
1,356
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
71
92
85
133
71
102
158
16
61
115
84
241
Investing
-24
-10
-25
-46
-89
-65
-32
-50
-44
100
-60
-131
Financing
-25
-79
-69
-96
36
9
-129
22
-13
-222
-29
-140
Net Cash Flow
22
4
-10
-9
17
46
-3
-12
4
-7
-5
-29
Free Cash Flow
53
73
58
94
-21
37
122
-14
21
66
2
136
CFO/OP
80
102
95
100
66
133
164
28
56
86
61
126
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
109
123
97
100
81
94
100
83
77
57
66
67
Inventory Days
238
203
231
175
278
271
258
305
330
364
349
302
Days Payable
129
126
133
123
123
100
143
113
115
84
83
88
Cash Conversion Cycle
218
200
195
152
237
266
215
275
292
338
332
281
Working Capital Days
34
28
48
47
56
19
61
64
75
119
118
102
ROCE %
17%
14%
16%
25%
23%
9%
11%
15%
16%
15%
16%
18%

Shareholding Pattern

As of Jun 2026
Promoters 44.73%
FIIs 18.93%
Public 18.64%
DIIs 13.85%
Others 3.86%
Total 100.01%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
49.62%
49.62%
49.82%
49.82%
49.85%
49.86%
49.86%
49.89%
50.11%
50.24%
50.63%
50.67%
50.69%
50.69%
51.16%
51.13%
51.20%
51.20%
51.20%
51.20%
51.20%
44.73%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
14.32%
14.31%
14.33%
13.69%
13.74%
13.45%
13.65%
14.06%
14.28%
14.12%
14.69%
18.93%
DIIs
13.64%
11.81%
11.81%
11.81%
11.60%
11.60%
11.87%
11.79%
11.49%
11.18%
19.48%
19.69%
18.59%
17.58%
17.08%
15.34%
14.56%
13.33%
12.27%
10.31%
10.06%
13.85%
Government
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%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
14.51%
13.66%
13.76%
13.35%
14.60%
14.78%
14.76%
14.89%
14.97%
14.46%
13.57%
13.43%
13.78%
15.13%
15.27%
17.15%
17.56%
18.20%
18.72%
20.49%
20.25%
18.64%
Others
22.23%
24.91%
24.60%
25.02%
23.94%
23.76%
23.51%
23.43%
23.43%
24.11%
2.01%
1.90%
2.61%
2.92%
2.75%
2.93%
3.03%
3.21%
3.53%
3.87%
3.80%
3.86%
No. of Shareholders
45,403
47,650
45,274
44,696
48,181
46,737
44,697
46,274
47,966
45,662
47,766
53,057
52,837
64,259
65,250
73,836
75,444
73,187
70,852
71,692
70,810
65,659

Documents

Frequently Asked Questions about NRB Bearings Ltd

What does NRB Bearings Ltd do?
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 applicatio...
Where is NRB Bearings Ltd (NRBBEARING) listed?
NRB Bearings Ltd is listed on the Indian stock exchanges. It is listed on NSE: NRBBEARING and BSE: 530367. You can view its live share price, financials, and ratios on Tapetide.
Which sector does NRB Bearings Ltd belong to?
NRB Bearings Ltd operates in the Automobiles sector within the Auto Components industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of NRB Bearings Ltd?
NRB Bearings Ltd has a market capitalisation of approximately ₹4601.89 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of NRB Bearings Ltd?
The Price-to-Earnings (PE) ratio of NRB Bearings Ltd is 30.87. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of NRB Bearings Ltd?
Over the past 52 weeks, NRB Bearings Ltd has traded between a low of ₹212.55 and a high of ₹503.9. This range helps investors understand the stock's price volatility and recent trading levels.
Does NRB Bearings Ltd pay dividends?
Yes, NRB Bearings Ltd has a dividend yield of 1.65%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of NRB Bearings Ltd?
NRB Bearings Ltd has a Return on Equity (ROE) of 14.81%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research NRB Bearings Ltd on Tapetide?
On Tapetide, you can view NRB Bearings Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

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.

Website nrbbearings.com
Listed 2000-03-08
Face Value ₹ 2
Issued Size 9,69,22,600

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