Minerva Capital Research Solutions

NRB Bearings

NSE: NRBBEARINGBSE: 530367
Compare with peers
₹ 454.35▼ 2.8 (−0.61%)28 Oct, 03:29 pm IST
Market cap
₹ 4,280 Cr.
P/E
29.5x
P/B
4.59x
52-week range
212.55 – 559.9
ROE
16%
ROCE
18%
Dividend yield
1.7%
Debt / equity
0.16
Sector
Auto Components
Industry
Auto Components & Equipments
Listed on
NSE, BSE

About

NRB Bearings Limited is an India-based company, which is engaged in the ball and roller bearings business. The Company's products/services include needle roller bushes and cages, ball and roller bearings, and automobile components. It also manufactures ball bearings, taper roller bearings and all types of thrust bearings. The Company offers a wide range of friction solutions to the automotive sector and mobility sector and produces needle bearings and cylindrical roller bearings. The Company serves the mobility sector, which has Indian original equipment manufacturers (OEMs) and tier I customers. Its product range includes drawn cup needle bearings, polyamide and steel needle bearing cages, full-complement needle bearings, formed strip cages for heavy gearboxes, cylindrical roller bearings, drawn cup cylindrical roller bearings, special ball bearings, tapered and spherical roller bearings, planetary shafts and other special pins, crank pins, thrust bearings, and rocker-arm bearing.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Auto Components & Equipments: 155 companies →

NRB Bearings against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)29.5 against a typical 27.4: pricier than most peers (1st = cheapest).85th of 153
  • Sales growth+19.4% against a typical +20.7% from a year earlier.80th of 142
  • Profit growth+15.2% against a typical +15.3% from a year earlier.65th of 127
  • Share price, 3 months+6.4% against a typical −4.4%.44th of 142
  • Size₹ 4,280.1 Cr. market value against a typical ₹ 728 Cr. (1st = largest).36th of 138

Latest announcements

Exchange filings and their impact on the company.

  • 22 Oct 2026AgreementsLow impactNeutralPrice −3.6% on 23 Oct
    NRB Bearings to sell 2.57% in Amplus Ampere for Rs 1.46 cr, an immaterial non-core divestment.

    NRB Bearings will sell 14.56 lakh shares in Amplus Ampere Private Limited, cutting its holding from 8.5% to 5.93%. The shares go to Apcotex Industries (7.2 lakh shares for Rs 72 lakh) and Deepak Novochem Technologies (7.36 lakh shares for Rs 73.6 lakh). The total Rs 1.46 crore inflow is tiny against annual sales of over Rs 1,300 crore, so it has no meaningful impact on the business.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

High safety

Rated AA- by CRISIL
AA-
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
CRISILCrisil AA-Stable29 Jul 2026
Credit rating actions
RatingDetails
29 Jul 2026
Reaffirmed
Crisil AA-—CRISIL₹ 450 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
7 Aug 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
7 May 2026Financial Results/DividendTo consider and approve the financial results for the Quarter and Year ended March 31, 2026 and to declare 3rd Interim dividend
9 Feb 2026Financial Results/DividendTo consider and approve the financial results for the period ended December 31, 2025 and 2nd interim dividend for the financial year 2025-26
10 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
24 Oct 2025DividendTo consider dividend
7 Aug 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025

Share price

1Y change +71.49%
0 of 1 filing day came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales279258285289302279329310325328372370
Expenses233223237247250234269259272267305306
Operating Profit463647425245605154606764
OPM %16%14%17%15%17%16%18%17%16%18%18%17%
Other Income5192125102−45914−378
Interest664333232222
Depreciation111111111212121313141618
Profit before tax342114433483214552415651
Tax %27%21%28%23%25%31%284%27%21%29%25%27%
Net Profit2516632263622−13341294238
EPS in Rs2.4817.093.222.573.642.2−0.213.314.192.954.273.8

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
7%
5 Years
12%
3 Years
8%
TTM
14%
Compounded Profit Growth
10 Years
13%
5 Years
22%
3 Years
13%
TTM
11%
Stock Price CAGR
10 Years
15%
5 Years
33%
3 Years
27%
TTM
—
Return on Equity
10 Years
15%
5 Years
14%
3 Years
14%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
44.73%
−6.47 pts in a year
FIIs
18.92%
+4.87 pts in a year
DIIs
13.85%
+0.52 pts in a year
Public
22.5%
+1.08 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 29.5xEPS (12 months) ₹ 15.42Median P/E 23.4x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
NRB Bearings₹ 454.35₹ 4,280 Cr.29.5x4.6x16%—
Bharat Forge₹ 1,709.60₹ 81,734 Cr.89.6x10.9x11.5%6.5%
Havells India₹ 1,032.00₹ 64,764 Cr.44.1x7.9x—6.9%
Schaeffler India₹ 3,468.00₹ 54,379 Cr.56.2x10.7x—12%
Sterlite Technologies₹ 829.00₹ 42,603 Cr.464.5x11.2x2.6%1.2%
R R Kabel₹ 2,150.60₹ 26,329 Cr.51.2x10.1x20.8%5.1%

Management

Harshbeena Sahney Zaveri
Non-Executive Vice Chairman of the Board, Managing Director, Executive Director
Vineet Goel
Chief Financial Officer
Khyati Hemang Danani
Compliance Officer, Company Secretary and Head - Legal
Satish Chellaram Rangani
Whole Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.