NRB Industrial Bearings Ltd. (NIBL) AI Stock Analysis

• Market Cap: ₹784.83M
• Dividend Yield: N/A
• Average Volume (3M): 12.81K
• Price to Earnings (P/E): 3.5
• Beta (1Y): 1.12
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: 289
• Sector: Industrials
• Sector Strength: 72
• Industry: Manufacturing - Tools & Accessories
• EPS (TTM): -2.78
• Shares Outstanding: 24,230,650
• 10 Day Avg. Volume: 4,879
• 30 Day Avg. Volume: 12,812
• PEG Ratio: -0.02
• Price to Book (P/B): -2.17
• Price to Sales (P/S): 0.81
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: ₹33.00 ▼(-9.69% Downside)

The score is held back primarily by weak financial performance—negative equity with high debt and deteriorating operating cash flow—despite a low P/E. Technicals are comparatively supportive with price above key moving averages and neutral-to-positive momentum, but they do not outweigh the balance-sheet and cash-flow risk.

Positive Factors

Modest revenue growth

A positive revenue growth rate (~2.9%) shows the company can still grow top line modestly despite headwinds. Over the next several months this underlying demand resilience supports capacity utilization, order continuity with OEMs/distributors, and a foundation for margin recovery if costs are controlled.

Essential, recurring product demand

Bearings are critical, consumable components in industrial machinery with recurring replacement cycles. This structural demand and relationships with OEMs and distributors provide predictable long-term revenue streams and insulate the business from single-period demand shocks.

Material tangible asset base

A sizeable asset base (~1.27B) underpins manufacturing capacity and inventory necessary for scale. Tangible assets provide operational leverage, potential collateral for refinancing, and optionality to restructure or monetize assets to support working capital and strategic investments.

Negative Factors

Negative equity and high leverage

A stockholders’ deficit and ~1.21B of debt indicate a stressed capital structure that reduces financial flexibility. Over the medium term this raises refinancing and solvency risk, limits capacity for capex or growth investments, and increases vulnerability to interest or demand shocks.

Deteriorating operating cash flow

Negative operating cash flow (~-221M) signals worsening cash conversion and potential working-capital pressure. Persistently weak cash generation undermines the firm's ability to service debt, fund operations or growth internally, and forces reliance on external financing with higher cost or restrictive terms.

Volatile profitability and shrinking revenue

Consecutive revenue declines and inconsistent margins (negative EBIT despite a strong net margin) point to earnings-quality issues and uneven demand. This volatility impairs long-term planning, weakens operating leverage, and raises the risk that profits are driven by non-recurring or below-the-line items rather than stable operations.

NRB Industrial Bearings Ltd. Business Overview & Revenue Model

Company Description

NRB Industrial Bearings Limited manufactures and sells ball and roller bearings for industrial applications in India. The company's products include deep groove ball bearings, cam followers, needle and bottom roller bearings; full complement needle roller bearings; needle and roller thrust bearings; needle bushes; magneto bearings; wide inner ring ball bearings and housed units; super precision bearings; tapper roller bearings; combined bearings; needle cages; inner rings; CP washer; and rollers, needles, and balls. It serves textile, renewable, power generation, paper and pulp, oil and gas, mining and mineral processing, metals, medical, material handling, machine tool, industrial transmission and electrical, food and beverage, fluid machinery, and factory automation industries. The company also exports its products. NRB Industrial Bearings Limited was incorporated in 2011 and is headquartered in Mumbai, India.

How the Company Makes Money

NRB Industrial Bearings Ltd. Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	678.70M	637.42M	719.21M	800.17M	687.66M	555.55M
Gross Profit	154.12M	57.36M	339.55M	90.95M	79.26M	292.32M
EBITDA	420.86M	392.90M	-68.61M	59.25M	72.06M	203.42M
Net Income	215.78M	186.38M	-259.97M	-128.90M	-100.96M	39.76M
Balance Sheet
Total Assets	0.00	1.27B	1.07B	1.19B	1.24B	1.28B
Cash, Cash Equivalents and Short-Term Investments	220.34M	220.34M	931.00K	1.65M	58.91M	42.53M
Total Debt	0.00	1.21B	1.15B	1.12B	1.14B	1.02B
Total Liabilities	237.49M	1.51B	1.47B	1.37B	1.34B	1.27B
Stockholders Equity	-237.49M	-237.49M	-407.10M	-181.26M	-91.61M	10.86M
Cash Flow
Free Cash Flow	0.00	0.00	32.71M	23.57M	-31.48M	30.14M
Operating Cash Flow	0.00	-221.47M	37.84M	37.50M	-8.38M	34.52M
Investing Cash Flow	0.00	258.23M	-2.17M	-17.65M	-21.05M	-3.47M
Financing Cash Flow	0.00	-19.01M	-36.39M	-76.62M	45.82M	7.27M

NRB Industrial Bearings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NRBBEARING	73 Outperform	₹25.93B	28.19	―	2.39%	9.63%	-64.21%
SCHAEFFLER	69 Neutral	₹587.91B	55.19	―	0.73%	14.14%	16.91%
SHANTIGEAR	67 Neutral	₹34.01B	36.59	―	1.06%	―	―
TIMKEN	66 Neutral	₹221.71B	48.75	―	1.18%	4.81%	15.08%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
HILTON	60 Neutral	₹1.08B	11.95	―	―	27.13%	63.22%
NIBL	50 Neutral	₹784.83M	3.54	―	―	―	―

NRB Industrial Bearings Ltd. Corporate Events

Exchange Seeks Clarification After Sharp Move in NRB Industrial Bearings Stock

The stock of NRB Industrial Bearings Ltd. has experienced significant price volatility, prompting the stock exchange to seek clarification from the company. The exchange has requested updated, relevant information to safeguard investor interests and ensure transparent disclosure to the market, and a formal response from the company is still pending.

NRB Industrial Bearings Closes Trading Window Ahead of Q3 FY26 Results

NRB Industrial Bearings Ltd. has announced the closure of its trading window for designated persons and their immediate relatives from 1 January 2026 until 48 hours after the declaration of its unaudited financial results for the quarter ended 31 December 2025, in line with its code of conduct and SEBI’s insider trading regulations. The move underscores the company’s adherence to regulatory norms on preventing insider trading, and it signaled that the date of the board meeting to approve these quarterly results will be communicated separately, an event that will be closely watched by investors for insights into the firm’s near-term financial performance.

NRB Industrial Bearings Ltd. Releases Q2 2025 Financial Results

NRB Industrial Bearings Ltd. announced the publication of its unaudited standalone and consolidated financial results for the quarter and half-year ending September 30, 2025. The results were published in the Free Press Journal and Navshakti newspapers, in compliance with SEBI Listing Regulations. This announcement provides stakeholders with insights into the company’s financial performance over the specified period, which is crucial for assessing its operational health and market positioning.