Manufactures bearings for automotive and industrial applications, with customers in India and abroad. Automotive is the largest end-market, with bearing content per vehicle described as value-neutral across ICE, hybrid, and EV platforms; international auto customers include Daimler, Audi, and ZF. The industrial segment (tractors, farm equipment, construction, off-highway) is about 14-15% of revenue, with a stated target of 20-25% over approximately three years and 25% by 2031. Aerospace and defence entry was made via the Mahant Tool acquisition, with the Mahant Tool order book around ₹50 crore and HAL as 100% of the current order book; AS9100D aerospace certification has been secured. FY26 consolidated revenue was ₹1,335.15 crore, with EBITDA margin of 19.5% and PAT of ₹145.63 crore (up 77% YoY); margin improvement is described as structural, driven by solar energy adoption, automation, yield gains, and renegotiated vendor costs. Raw materials at 39.2% of revenue are the largest cost line, followed by other operating expenses at 27.8% and employee cost at 15.5%. Capex of ₹120 crore is guided for FY27, with major machine commissioning from June-July 2026, supporting a stated 5-year revenue goal of ₹2,500 crore. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Automotive bearings, Industrial bearings, Aerospace and defence. Mass-customisation bearings manufacturer with EV-agnostic product mix and growing industrial and aerospace diversification
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 944 | 1,057 | 1,094 | 1,199 | 1,335 |
| EBITDA (ex other income) | 143 | 164 | 361 | 147 | 225 |
| margin % | 15.1 | 15.5 | 33.0 | 12.3 | 16.9 |
| Owners' profit | 76 | 93 | 239 | 79 | 143 |
| EPS, as reported (₹) | 7.56 | 9.57 | 24.71 | 8.20 | 15.61 |
| ROE % · ROCE % | 12.6 · 17.2 | 13.9 · 19.2 | 27.6 · 36.4 | 8.8 · 13.0 | 14.8 · 20.3 |
| Debt / equity (x) | 0.49 | 0.47 | 0.20 | 0.20 | 0.15 |
| Cash from operations | 16 | 62 | 116 | 84 | 241 |
| Capex | (30) | (41) | (49) | (82) | (105) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 302 | 279 | 329 | 310 | 325 | 328 | 372 | 370 |
| Profit before tax | 48 | 32 | 1 | 45 | 52 | 41 | 56 | 51 |
| Net profit | 36 | 22 | (1) | 33 | 41 | 29 | 42 | 38 |
| EPS (₹) | 3.64 | 2.20 | (0.21) | 3.31 | 4.19 | 2.95 | 4.27 | 3.80 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SAMVRDHNA MTHRSN INTL LTD | 1,73,567 | 39.6 | 3.98 | 15.4 | 9.4 | 8.2 | 17.1 | 9.0 |
| BOSCH LIMITED | 1,42,736 | 60.4 | 9.61 | 35.1 | 18.7 | 24.1 | 15.6 | 17.9 |
| BHARAT FORGE LTD | 92,992 | 131.7 | 9.73 | 33.3 | 11.4 | 13.2 | 21.6 | 8.8 |
| UNO MINDA LIMITED | 69,386 | 57.6 | 9.56 | 31.7 | 17.7 | 15.7 | 25.3 | 10.4 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 13 Aug 2026 · Promoter Harshbeena Zaveri releases 12 lakh pledged shares in NRB Bearings | ownership changes | high | — | — |
| 13 Aug 2026 · NRB Bearings Q1 FY27: Revenue up 19%, Corvette win, aerospace push | investor communications | medium | — | — |
| 13 Aug 2026 · NRB Bearing promoter Harshbeena Zaveri releases 12 lakh pledged shares | ownership changes | high | — | — |
| 10 Aug 2026 · Earnings call audio recording uploaded to website | investor communications | low | — | — |
| 10 Aug 2026 · NRB Bearing Q1 FY27 results published in newspapers; PAT up 31.7% YoY | compliance | minimal | — | — |
| 10 Aug 2026 · NRB Bearing submits Q1 FY26 financial results to exchange | results | high | — | — |
| 7 Aug 2026 · NRB Bearings Q1 FY27: Revenue up 19.2%, PAT up 15% YoY | compliance | low | — | — |
| 7 Aug 2026 · NRB Bearings Q1 FY27: Revenue up 19.2%, PAT up 15% YoY | compliance | low | — | — |
| 7 Aug 2026 · Board approves Rs 50 Cr corporate guarantee for subsidiary NRB Unitec | credit debt | medium | — | — |
| 7 Aug 2026 · Q1 FY27: profit up 32%, Rs 50 Cr guarantee for subsidiary | credit debt | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| SCHAEFFLER INDIA LIMITED |
| 61,739 |
| 49.3 |
| 10.04 |
| — |
| 10.4 |
| 14.1 |
| — |
| 19.4 |
| TUBE INVEST OF INDIA LTD | 50,454 | 83.1 | 3.55 | 19.5 | 7.9 | 12.4 | 30.3 | 10.6 |
| SONA BLW PRECISION FRGS L | 49,016 | 70.4 | 7.99 | 42.6 | 10.3 | 12.9 | — | 25.1 |
| ENDURANCE TECHNO. LTD. | 37,964 | 39.1 | 5.55 | 18.6 | 13.9 | 15.6 | 17.4 | 13.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 34.0 | 26.7 | 76 of 123 | 38% |
| P/B | 5.1 | 3.5 | 79 of 116 | 32% |
| ROCE | 19.4 | 12.6 | 29 of 125 | 77% |
| ROE | 14.8 | 11.6 | 39 of 119 | 68% |
| Debt / Equity | 0.1 | 0.3 | 50 of 119 | 59% |
| EBITDA margin | 19.4 | 12.2 | 16 of 118 | 87% |
| Revenue growth | 19.2 | 20.2 | 61 of 113 | 46% |
| Profit growth | 15.1 | 24.4 | 65 of 115 | 44% |
| Market cap | 5008 | 1542 | 41 of 125 | 68% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
