NRB Bearing Limited has informed the Exchange regarding 'BRSR'.
NRBBEARING · price
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Awaiting price reaction for this filing.
NRB Bearings Limited submitted its Business Responsibility and Sustainability Report for FY 2024-25 as part of its 60th Annual Report, in line with SEBI's listing rules. The company reported turnover of about ₹1,057.78 crore, up roughly 20% from ₹878.98 crore in the previous year. It is purely a manufacturing company (automotive bearings), with 5 plants and 7 offices across India and exports to 45 international countries. Product mix is led by needle roller bushes and cages (66% of sales), followed by ball and roller bearings (24%) and other auto components (10%). Total workforce stands at 3,553 people (494 employees plus 3,059 workers), with 33% women on the Board of Directors. The company has committed to becoming carbon neutral by 2040, conducted life cycle assessments for key products, and uses up to 96.5% recycled steel in cylindrical roller bearings. One income tax penalty of about ₹50 lakh was disclosed related to property rent and capital gains treatment.
This is a routine mandatory ESG disclosure and is unlikely to move the stock on its own. For shareholders, the positives are the ~20% revenue growth, clear carbon neutrality roadmap by 2040, and strong export footprint; the watch-outs are supply chain concentration (top 10 trading houses account for 86.74% of trading-house purchases) and a pending income tax penalty matter.