NRBBEARINGNSENRB Bearing Limited· BearingsMediumNeutral
Announced Thu, 14 May · 16:11 IST

NRB Bearing Limited has informed the Exchange about Transcript

Mgmt Guided Margin ImprovementInvestor Communications 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.

Price reaction · full curve 14 horizons · vs prior close
+5.9%1-day move
₹338.00
prior close
₹341.00
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AI summary

NRB Bearings reported strong Q4 FY26 with revenue up 13% YoY to INR372 crores and EBITDA of INR74 crores (19.5% margin). Full year FY26 revenue grew 11% to INR1,335 crores with EBITDA margins expanding to 19.5% from 18.3%, driven by structural initiatives including solar energy adoption, higher automation, improved yields, and renegotiated vendor costs. PAT surged 77% to INR146 crores. The company expects FY27 capex of INR120 crores including land acquisition, and projects 10-14% growth in international business. Management guided a 5-year aspirational revenue target of INR2,500 crores. The industrial segment currently contributes 14-15% of business with a target of 20-25%. Q4 gross margin dip was attributed to foreign exchange volatility on the last day of the fiscal year, expected to normalize.

Likely market impact

The consistent margin expansion from 18.3% to 19.5% demonstrates successful execution of operational improvements, positioning NRB for sustainable profitability. The INR2,500 crore revenue target over five years and robust capex plans indicate confidence in growth, while the aerospace expansion via Mahant Tool adds high-margin diversification.