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Earnings Call

NRB Bearings Earnings Call: Key Takeaways

NRB Bearings delivered a strong FY26 with 77% PAT growth, driven by volume growth and operational efficiencies despite global supply chain volatility.

Highlights
Revenue growth11% YoY consolidated growth driven by volume and product mix.
MarginsStructural expansion; EBITDA margin improved from 18.3% to 19.5% YoY.
Demand visibilityPositive, citing emerging platforms like electric and hybrid vehicles.
Management confidenceConfident, emphasizing R&D capabilities and sticky long-term customer relationships.

Growth

Consolidated revenue grew 11% YoY; EBITDA increased 19% with margins expanding to 19.5% from 18.3%.

Outlook

Brownfield expansions at Jalna and Chikalthana are scheduled to contribute from FY27, adding capacity for new programs.

Risks

Vulnerability to global supply chain disruptions and inflationary pressures; no specific forward-looking numerical margin guidance provided.

Source

Earnings Call filed with NSE, NSE: NRBBEARING. Summary written with AI assistance from the document.

Read the document ↗

NRB Bearings Ltd: key numbers

Share price
₹534.80
Market cap
₹5,183 Cr
Revenue (annual)
₹1,335 Cr
Net profit (annual)
₹142.8 Cr
P/E (TTM)
35.1×Sector 53.6×
Promoter holding
44.73%-6.47% QoQ
FII holding
18.92%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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14:41 IST BSE
Share Pledge

NRB Bearings Share Pledge

Harshbeena Zaveri, a promoter of NRB Bearings Ltd, released a pledge on 7,00,254 shares following loan prepayment. Separately, the promoter sold 18,450 shares via market sale for Rs. 1.00 Crore.

Value
₹38.03 Cr
13:33 IST BSE
Price Movement Clarification

NRB Bearings Price Movement Clarification

NRB Bearings filed a clarification to BSE on rising trading volume, attributing it to normal market forces. No price-sensitive information was disclosed.

10:17 IST BSE
Promoter Selling

NRB Bearings Promoter Selling

NRB Bearings promoter Trilochan Singh Sahney Trust 1 sold 5,00,000 shares on the market, reducing its stake from 0.53% to 0.01%. No transaction price disclosed.

10:11 IST BSE
Share Pledge

NRB Bearings Share Pledge

Promoter Harshbeena Sahney Zaveri released pledge on 23,00,000 NRB Bearings shares held by Tata Capital. Post-release, 30,00,254 shares remain encumbered.

20:36 IST BSE
Share Pledge

NRB Bearings Share Pledge

Promoter entities sold 510,000 shares and released 2,300,000 shares from pledge. The aggregate transaction value of these reported changes is ₹136.36 Crore.

Value
₹136.4 Cr