| Revenue growth | Revenue ₹386 Cr, +18.8% YoY; H1 +19%; no one-time split. |
|---|---|
| Margins | Adjusted EBITDA margin 18.2%; maintenance promised, not quantified. |
| Order book | Mahan Toolroom order book ~₹30 Cr (analyst-cited); no company order book disclosed. |
| Demand visibility | Vague: CV and two-wheeler 'double-digit' demand; no quantified outlook. |
| Management confidence | Over-optimistic: superlatives heavy, forward numbers refused, deflects. |
Growth
Revenue +18.8% YoY, H1 +19%. Volume/price split and adjusted-EBITDA adjustments are undisclosed; EBITDA outpacing revenue is asserted, not quantified.
Outlook
No numeric guidance; management declined forward growth figures. Unitech JV described as 'on track' for April 2027, revenue undisclosed.
Risks
Other expenses +19% YoY went unanswered; receivables rise unexplained; Mahan Toolroom sales only ₹55 lakh last quarter.
Last quarter's promises, checked
Delivered
- Guided margin 18–20% → delivered adj. EBITDA 18.2% (= BEAT)
Partly delivered
- Guided Unitech JV Apr-27 on ₹110 cr → delivered 'on track', no figures (= PARTIAL)
- Guided ₹270 cr capex → delivered undisclosed (= PARTIAL)
- Guided ~₹50 cr defence/MTR book → delivered ~₹30 cr analyst-cited (= PARTIAL)
Missed
- Guided cost offset via VAVE+price → delivered other exp +19% YoY (= MISS)
- Guided FY27 MTR book conversion → delivered ₹0.55 cr Q2 (= MISS)
Earnings Call Transcript filed with BSE, NSE: NRBBEARING. Summary written with AI assistance from the document.
NRB Bearings Ltd: key numbers
- Share price
- ₹429.60
- Market cap
- ₹4,164 Cr
- Revenue (annual)
- ₹1,335 Cr
- Net profit (annual)
- ₹142.8 Cr
- P/E (TTM)
- 29.3×Sector 50.9×
- Promoter holding
- 43.88%-0.85% QoQ
- FII holding
- 18.65%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from NRB Bearings Ltd
All →NRB Bearings Results Update
NRB Bearings reported Q2FY27 consolidated revenue up 18.8% YoY and normalised EBITDA up 23.5%. H1 revenue rose 19.0% to ₹756 crore.
NRB Bearings Management Change
NRB Bearing's non-executive independent director Rustom Desai has completed his tenure, effective 2026-11-04. This is a board change with no direct financial impact.
NRB Bearings Dividend
NRB Bearings declared an interim dividend of Rs. 2.50 per share for FY 2026-27. Record date is November 11, 2026.
NRB Bearings Q2 FY27 Results: Net Profit ₹36.2 Cr, Down 12.6% YoY
NRB Bearings Ltd reported revenue from operations of ₹386.4 Cr (+18.8% YoY) and net profit of ₹36.2 Cr (-12.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹36.2 Cr · -12.6% YoY
NRB Bearings Board Meeting Date
NRB Bearings will hold a board meeting on 4 November 2026 to approve Q2 and H1 unaudited results and consider an interim dividend. The trading window stays closed until 9 November 2026.
NRB Bearings Merger & Restructuring Worth ₹0.74 Cr
NRB Bearing Limited will sell 1.30% stake (7,36,000 shares) in Amplus Ampere Private Limited to Deepak Novochem Technologies Limited for ₹0.74 Crore.
- Value
- ₹0.74 Cr