NRB Bearings Ltd. (NRBBEARING) AI Stock Analysis

• Market Cap: ₹25.93B
• Dividend Yield: 2.39%
• Average Volume (3M): 12.22K
• Price to Earnings (P/E): 28.2
• Beta (1Y): 1.23
• Revenue Growth: 9.63%
• EPS Growth: -64.21%
• Country: IN
• Employees: 1,290
• Sector: Industrials
• Sector Strength: 72
• Industry: Auto - Parts
• EPS (TTM): 4.19
• Shares Outstanding: 96,922,600
• 10 Day Avg. Volume: 6,963
• 30 Day Avg. Volume: 12,221
• PEG Ratio: -0.38
• Price to Book (P/B): 2.19
• Price to Sales (P/S): 1.68
• P/FCF Ratio: -368.48
• 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: 73 Outperform
• Price Target: ₹340.00 ▲(26.63% Upside)

NRB Bearings Ltd. scores well due to strong financial performance and positive technical indicators. The company's solid revenue growth and effective balance sheet management are significant strengths. However, the high P/E ratio suggests a stretched valuation, which could limit future gains. The absence of earnings call data and corporate events does not impact the score significantly.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong demand and effective market strategies, supporting long-term business expansion and stability.

Balance Sheet Health

A low debt-to-equity ratio enhances financial stability, reducing risk and providing flexibility for future investments and growth.

Market Position

Being a leading manufacturer in the bearings industry strengthens competitive positioning and supports sustained market share.

Negative Factors

Cash Flow Challenges

Declining cash flow from operations can limit the company's ability to invest in growth opportunities and meet financial obligations.

Profit Margin Volatility

Volatility in profit margins can affect profitability and investor confidence, necessitating improved cost management and pricing strategies.

Earnings Conversion

Poor earnings conversion to free cash flow may hinder reinvestment in the business and affect long-term financial health.

NRB Bearings Ltd. Business Overview & Revenue Model

Company Description

NRB Bearings Limited engages in the manufacture and sale of the ball and roller bearings to original equipment manufacturers in India and internationally. The company offers a range of friction solutions comprises drawn cup needle bearings, cylindrical roller bearings, polyamide and steel needle bearing cages, full-complement needle bearings, formed strip cages for heavy gearboxes, special ball bearings, tapered and spherical roller bearings, and planetary shafts. It also offers crankpins, thrust bearings, rocker arm bearings, other special pins. It serves the automotive industry, as well as mobility applications. NRB Bearings Limited was incorporated in 1965 and is based in Mumbai, India.

How the Company Makes Money

NRB Bearings Ltd. generates revenue primarily through the sale of its bearing products to various industries, including automotive, aerospace, and heavy machinery. The company's revenue model is built on direct sales to OEMs (Original Equipment Manufacturers) and aftermarket customers, ensuring a steady demand for its products. Key revenue streams include bulk orders from large manufacturers and customized bearing solutions for specific applications. Additionally, NRB Bearings has established strategic partnerships with major automotive companies and industrial equipment manufacturers, which further enhances its market presence and contributes to its earnings. The company also invests in research and development to create innovative products that meet evolving industry standards, thereby attracting new clients and retaining existing ones.

NRB Bearings Ltd. Financial Statement Overview

Summary

NRB Bearings Ltd. demonstrates solid financial health with consistent revenue growth and effective balance sheet management. Profitability metrics are generally strong, although there are areas in profit margin and cash flow that require attention. The company shows resilience in handling debt and equity, maintaining low leverage, and ensuring operational cash generation. However, improving cash flow conversion and stabilizing profit margins could enhance overall financial performance.

Income Statement

NRB Bearings Ltd. has shown consistent revenue growth over the years, with a notable increase from 2024 to 2025. The net profit margin is stable but has seen a decline in gross profit margin in the latest annual report. The EBIT and EBITDA margins indicate a healthy level of operational profitability, although they have experienced fluctuations. Overall, the company maintains a strong position in revenue generation and profitability but needs to address volatility in profit margins.

Balance Sheet

The company has a low debt-to-equity ratio, suggesting a conservative approach to leverage. Return on Equity (ROE) has been strong, reflecting effective use of equity. The equity ratio indicates a stable financial structure with a significant proportion of assets financed by equity. The balance sheet shows financial stability and low risk regarding leverage, backed by solid equity levels.

Cash Flow

Cash flow from operations has declined recently, impacting free cash flow growth negatively. The free cash flow to net income ratio indicates that a significant portion of earnings is not converting into free cash flow. The operating cash flow to net income ratio is healthy, suggesting that core operations are generating cash effectively. The cash flow statement reflects some challenges in capital expenditures and free cash flow management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	12.19B	11.99B	10.94B	10.51B	9.34B	7.54B
Gross Profit	7.00B	5.07B	6.59B	6.49B	4.94B	4.06B
EBITDA	1.85B	1.72B	3.81B	1.88B	1.57B	1.20B
Net Income	866.00M	794.40M	2.39B	939.80M	732.70M	540.60M
Balance Sheet
Total Assets	0.00	13.00B	12.39B	12.12B	10.74B	9.56B
Cash, Cash Equivalents and Short-Term Investments	904.70M	904.70M	793.00M	989.10M	777.00M	829.00M
Total Debt	0.00	1.87B	1.78B	3.29B	3.02B	2.54B
Total Liabilities	-9.36B	3.63B	3.63B	5.29B	4.73B	4.28B
Stockholders Equity	9.36B	9.18B	8.60B	6.68B	5.89B	5.18B
Cash Flow
Free Cash Flow	0.00	-54.50M	658.10M	207.30M	-146.60M	1.22B
Operating Cash Flow	0.00	764.50M	1.15B	615.20M	155.80M	1.58B
Investing Cash Flow	0.00	-612.10M	1.02B	-440.20M	-501.90M	-309.40M
Financing Cash Flow	0.00	-199.20M	-2.22B	-140.20M	215.70M	-1.29B

NRB Bearings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 268.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NRBBEARING, the sentiment is Negative. The current price of 268.5 is below the 20-day moving average (MA) of 277.25, below the 50-day MA of 280.96, and above the 200-day MA of 266.94, indicating a neutral trend. The MACD of -3.13 indicates Positive momentum. The RSI at 41.62 is Neutral, neither overbought nor oversold. The STOCH value of 43.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:NRBBEARING.

NRB 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%
AUTOAXLES	68 Neutral	₹28.90B	18.39	―	1.63%	-2.78%	2.55%
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%
PITTIENG	60 Neutral	₹27.69B	21.48	―	0.18%	26.81%	1.06%
SKFINDIA	60 Neutral	₹90.25B	16.82	―	0.39%	6.65%	-4.29%

NRB Bearings Ltd. Corporate Events

NRB Bearings Clarifies Trading Volume Surge Amid Strategic Expansion

NRB Bearings Ltd. has experienced a significant increase in trading volume of its securities, prompting an inquiry from the NSE Limited. In response, the company clarified that it is unaware of any specific information affecting the price or volume of its shares, attributing the rise to market-driven factors. The company reiterated its compliance with regulatory disclosure requirements and highlighted its recent joint venture with Unitec as part of its strategic initiatives.

NRB Bearings Releases Q2 FY26 Earnings Call Transcript

NRB Bearings Limited has released the transcript of its earnings call for the second quarter of the fiscal year 2026. The call, which was held with analysts and investors, discussed the company’s unaudited standalone and consolidated financial results. This disclosure is part of the company’s compliance with SEBI regulations, ensuring transparency and informed decision-making for stakeholders. The transcript is available on the company’s website, reflecting NRB Bearings’ commitment to maintaining open communication with its investors and market analysts.

NRB Bearings Ltd. Sets Record Date for Interim Dividend Distribution

NRB Bearings Ltd. announced that the record date for determining the entitlement of an interim dividend of Rs. 2.50 per equity share is set for October 31, 2025. This dividend, representing 125% of the face value of each share, will be distributed to shareholders whose names appear in the company’s records or in the list of beneficial holders provided by depositories as of the record date. The payments will be made electronically or through dividend warrants/drafts within 30 days of declaration, subject to tax deductions. The trading window for company securities remains closed until 48 hours after the financial results for the quarter ending September 30, 2025, are announced. Shareholders are advised to update their PAN and bank account details to ensure smooth dividend processing.

NRB Bearings Ltd. Announces Dividend, Leadership Changes, and Strategic Acquisition

NRB Bearings Ltd. announced key decisions from its Board Meeting held on October 24, 2025. The company declared an interim dividend of Rs. 2.50 per equity share, marking a 125% payout. Additionally, the resignation of Mr. Kishor Harish Talreja as Company Secretary and Compliance Officer was accepted, with Ms. Khyati Hemang Danani appointed as his successor. The board also approved the acquisition of a 99% stake in Sahney Bearings Private Limited to explore business expansion opportunities, indicating strategic growth initiatives.

NRB Bearings Declares Interim Dividend and Announces Key Management Changes

NRB Bearings Ltd. announced an interim dividend of Rs. 2.50 per equity share, reflecting a 125% payout. The company also reported the resignation of Mr. Kishor Harish Talreja as Company Secretary and Compliance Officer, with Ms. Khyati Hemang Danani appointed as his successor. Additionally, the Board approved the acquisition of a 99% stake in Sahney Bearings Private Limited to explore business expansion opportunities. These strategic moves are expected to strengthen NRB Bearings’ market position and operational capabilities.

NRB Bearings Declares Dividend and Announces Strategic Expansion

NRB Bearings Ltd. announced an interim dividend of Rs. 2.50 per equity share, reflecting a 125% payout, to be distributed to shareholders by October 31, 2025. Additionally, the company has undergone key management changes with the resignation of Mr. Kishor Hairsh Talreja as Company Secretary and the appointment of Ms. Khyati Hemang Danani as his successor. The board has also approved the acquisition of Sahney Bearings Private Limited to expand into new market segments, including aerospace and electric motor applications, signaling a strategic shift in the company’s growth trajectory.