NRBBEARINGBSENRB Bearings LtdHighNeutral
Announced Thu, 7 May · 21:55 IST

declaration of 3rd interim dividend of Rs. 2.25/- i.e. 112.5%.

Pat Growth 25pctEbitda Margin ExpansionExceptional ItemRelated Party TransactionsResults View source PDF

NRBBEARING · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

NRB Bearings declared its 3rd interim dividend of Rs. 2.25 per share (112.5% on Rs. 2 face value) with record date May 13, 2026. The company reported strong FY2025-26 standalone revenue of Rs. 118,570 lakhs (up 10% from Rs. 107,752 lakhs) and standalone PAT of Rs. 12,151 lakhs, surging 107% from Rs. 5,868 lakhs in FY25. Consolidated PAT stood at Rs. 14,563 lakhs, up 77% from Rs. 8,232 lakhs. EBITDA margin expanded from 15.9% to 18.1% year-on-year. Exceptional items include Rs. 5,512 lakhs compensation to related party NIBL and Rs. 1,324 lakhs impact from new labour codes. The Board also approved investments in Mahant Tool Room and NRB Unitech Friction Solutions, land acquisition up to Rs. 40 crores for expansion, and a new JV with Unitec S.r.L. for cylindrical roller bearings. Auditors issued an unmodified (clean) opinion.

Likely market impact

The company demonstrates robust profitability growth with margin expansion, indicating operational efficiency. The third dividend declaration affirms cash generation strength. However, shareholders should note exceptional items related to a pending related-party compensation and foreign trade receivables delays of Rs. 2,182 lakhs pending regularisation.