NRB Bearing Limited has informed the Exchange about General Updates
NRBBEARING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NRB Bearing Limited reported strong FY2026 results with standalone revenue of Rs 11,857 crore (up 10% YoY) and PAT of Rs 1,215 crore (up 107% YoY). Consolidated revenue stood at Rs 13,352 crore with PAT of Rs 1,456 crore. The Board declared 3rd interim dividend of Rs 2.25 per share (112.5%), taking total FY26 dividend to Rs 8 per share. Exceptional items include Rs 62.1 crore insurance claim gain offset by Rs 55.12 crore NIBL related party compensation and Rs 13.24 crore labour code impact. The company also approved investments in Mahant Tool Room Private Limited and NRB Unitech Friction Solutions JV, plus land acquisition up to Rs 40 crore for expansion. Auditors issued unmodified (clean) opinion.
Strong profitability growth with PAT doubling YoY is positive for shareholders. Clean audit with unmodified opinion removes key risk concerns. Additional dividend and expansion plans signal management confidence in continued growth.