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NRB Industrial Bearings Ltd.
(NIBL)
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Rating:47Neutral
Price Target:
₹34.00
▼(-6.95% Downside)
Action:Upgraded
Date:05/31/26
The score is held down primarily by high financial risk: negative and deteriorating equity, rising debt, recurring operating losses, and recently negative operating/free cash flow. Technical indicators also point to weak near-term momentum. A low P/E offers some valuation support but is not enough to offset the fundamental balance-sheet and profitability concerns.
Positive Factors
Recent Revenue Growth
Reported revenue growth (Fundamentals.RevenueGrowth ~18.6%) indicates the company can expand top-line over recent periods. Durable revenue expansion supports better capacity utilization and provides a foundation for margin recovery if cost structure and operational execution are improved.
Negative Factors
Negative Equity / High Leverage
Negative equity and rising debt create a persistent solvency risk: equity deficits limit financial flexibility, increase refinancing pressure, and can trigger covenant or creditor actions. This structural capital weakness constrains investment and jeopardizes long-term strategic options.
Read all positive and negative factors
Positive Factors
Negative Factors
Recent Revenue Growth
Reported revenue growth (Fundamentals.RevenueGrowth ~18.6%) indicates the company can expand top-line over recent periods. Durable revenue expansion supports better capacity utilization and provides a foundation for margin recovery if cost structure and operational execution are improved.
Read all positive factors
NRB Industrial Bearings Ltd. (NIBL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹848.07M
Dividend YieldN/A
Average Volume (3M)12.81K
Price to Earnings (P/E)―
Beta (1Y)1.02
Revenue Growth18.63%
EPS Growth-258.04%
CountryIN
Employees279
SectorGeneral
Sector StrengthN/A
IndustryManufacturing - Metal Fabrication
Share Statistics
EPS (TTM)-7.66
Shares Outstanding24,230,650
10 Day Avg. Volume4,879
30 Day Avg. Volume12,812
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)-1.14
Price to Sales (P/S)0.83
P/FCF Ratio-6.02
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
NRB Industrial Bearings Ltd. Business Overview & Revenue Model
Company Description
NRB Industrial Bearings Ltd. engages in the manufacture and sale of industrial bearings. Its products include angular contact ball bearings, cam followers, bottom roller bearings, wide inner ring ball bearings, cylindrical roller bearings, spheric...
How the Company Makes Money
NIBL primarily makes money by selling bearing products to customers (typically OEMs, industrial users, and/or distributors), generating revenue recognized upon shipment/delivery under customer contracts. Key revenue streams are expected to include...
NRB Industrial Bearings Ltd. Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
9
Very Negative
Cash Flow
18
Very Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 756.20M | 637.42M | 719.21M | 800.17M | 687.66M |
| Gross Profit | 97.58M | 57.36M | 339.55M | 90.95M | 79.26M |
| EBITDA | -102.36M | 392.90M | -68.61M | 59.25M | 72.06M |
| Net Income | -294.60M | 186.38M | -259.97M | -128.90M | -100.96M |
Balance Sheet | |||||
| Total Assets | 1.21B | 1.27B | 1.07B | 1.19B | 1.24B |
| Cash, Cash Equivalents and Short-Term Investments | 288.49M | 220.34M | 931.00K | 1.65M | 58.91M |
| Total Debt | 1.38B | 1.21B | 1.15B | 1.12B | 1.14B |
| Total Liabilities | 1.76B | 1.51B | 1.47B | 1.37B | 1.34B |
| Stockholders Equity | -551.21M | -237.49M | -407.10M | -181.26M | -91.61M |
Cash Flow | |||||
| Free Cash Flow | -104.29M | 0.00 | 32.71M | 23.57M | -31.48M |
| Operating Cash Flow | -62.08M | -221.47M | 37.84M | 37.50M | -8.38M |
| Investing Cash Flow | -3.43M | 258.23M | -2.17M | -17.65M | -21.05M |
| Financing Cash Flow | 48.62M | -19.01M | -36.39M | -76.62M | 45.82M |
NRB Industrial Bearings Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ₹236.07B | 57.90 | ― | 1.18% | 9.64% | -9.12% | |
68 Neutral | ₹72.89B | 27.58 | ― | 0.39% | -23.51% | -53.01% | |
65 Neutral | ₹38.24B | 24.70 | ― | 0.27% | 15.57% | 73.78% | |
60 Neutral | ₹9.04B | 30.26 | ― | 0.87% | -19.34% | -49.87% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
50 Neutral | ₹103.26B | 141.96 | ― | 0.38% | 3.88% | -85.35% | |
47 Neutral | ₹848.07M | -2.88 | ― | ― | 18.63% | -258.04% |
* General Sector Average
IN:NIBL
NRB Industrial Bearings Ltd.
34.61
7.47
27.52%
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NRB Industrial Bearings Ltd. Corporate Events
NRB Industrial Bearings Publishes Audited FY26 Results in Newspapers
May 29, 2026
NRB Industrial Bearings Ltd. has published its audited standalone and consolidated financial results for the quarter and full year ended 31 March 2026, and has fulfilled regulatory requirements by disseminating these results through newspaper adve...
NRB Industrial Bearings Reappoints Internal and Secretarial Auditors for FY 2026-27
May 28, 2026
NRB Industrial Bearings Ltd. has reappointed GSC Co. LLP as its internal auditor and JJ Gandhi Co. as its secretarial auditor for the financial year 2026-27, following recommendations from the audit committee and approval by the board on May 28,...
NRB Industrial Bearings Backs Associates With Rs. 13 Crore Corporate Guarantees
May 28, 2026
NRB Industrial Bearings Ltd. has approved the issuance of corporate guarantees in favor of lenders to its associate companies NRB-IBC Bearings Private Ltd. and NIBL-Korta Engineering Private Ltd. The move aims to back new credit facilities for the...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.