The Board approved the investments in its subsidiaries
NRBBEARING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NRB Bearings reported strong FY26 results with standalone profit after tax of Rs. 12,151 lakhs, up significantly from Rs. 5,868 lakhs in FY25. Consolidated PAT stood at Rs. 14,563 lakhs. The board declared a 3rd interim dividend of Rs. 2.25 per share (112.5%), bringing total FY26 dividends to Rs. 7.95 per share. The board approved investments in two subsidiaries: Mahant Tool Room Private Limited (acquired for Rs. 2,750 lakhs to manufacture aerospace precision components) and NRB Unitech Friction Solutions Private Limited (JV with Italy's Unitec for cylindrical roller bearings). Additionally, the company approved acquisition of land up to Rs. 40 crores for expansion purposes. The Q4 standalone revenue was Rs. 32,004 lakhs and Q4 consolidated revenue was Rs. 37,198 lakhs.
Positive signal for shareholders - robust profit growth, cumulative dividend of Rs. 7.95 per share demonstrates strong cash generation. Strategic investments in aerospace and industrial bearing segments with land acquisition for expansion indicate growth focus.