NRB Bearing Limited has informed the Exchange regarding Outcome of Board Meeting held on May 07, 2026.
NRBBEARING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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NRB Bearings reported strong FY2026 standalone revenue of Rs 118,570 lakhs (up 10% YoY from Rs 107,752 lakhs) and standalone PAT of Rs 12,151 lakhs (more than doubled from Rs 5,868 lakhs). Consolidated revenue stood at Rs 133,515 lakhs with PAT of Rs 14,563 lakhs. The Board declared 3rd interim dividend of Rs 2.25 per share (112.5%), bringing total FY2026 dividends to Rs 8 per share. Statutory auditors issued unmodified clean opinions on both standalone and consolidated financials. Exceptional items included net loss of Rs 703 lakhs due to labour code statutory impact, input tax credit reversals, partially offset by insurance claim. The company also approved investments in Mahant Tool Room Private Limited and NRB Unitech Friction Solutions, plus land acquisition up to Rs 40 crores for expansion.
Strong profitability growth with PAT more than doubling YoY is positive for shareholders. Three interim dividends in FY2026 signals robust cash generation. The clean audit opinion removes concerns about financial reporting quality. Expansion investments indicate growth focus.