NRB Bearings Ltd.

311.00 -9.00 ▼-2.8%

03 May 2024, 04:01:00 PM
Volume: 35,310

Company Profile

Sector Automobile & Ancillaries Sector Icon Automobile & Ancillaries Compare with Sector peers
Industry Bearings Industry Icon Bearings Compare with Industry peers
Website http://www.nrbbearings.com
Market Cap 3,015.75 Cr.
Enterprise Value(EV) 3,228.59 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 24.92 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 12.49 Trailing Twelve Months Ending 2023-12
Industry PE 52.92 Trailing Twelve Months Ending 2023-12
Book Value / Share 86.29 Trailing Twelve Months Ending 2023-12
Price to Book Value 3.61 Calculated using Price: 311.15
Dividend Yield 1.64 Period Ending 2023-03
No. of Shares Subscribed 9.69 Cr. 96,922,600 Shares
FaceValue 2
About NRB Bearings Ltd.
NRB Bearing was incorporated in 1965 as an Indo-French venture with Nadella, pioneering the production of needle roller bearings in India. NRB acquired SNL Bearings in June 2000. Over the years NRB has expanded to five modern manufacturing facilities producing needle, spherical, cylindrical, wide-inner ring bearings, tapered roller bearings and ball bearings. The TUV Managements services (Gmbh), internationally acclaimed registrars, awarded the QS 9000 Corporate Certification to NRB for its corporate office and all its plants in May 2000. With continual thrust on tailoring bearings to suit specific needs, NRB has successfully developed customization and application expertise as their forte.

NRB Bearings Ltd. Delivery

Delivered Qty
Traded Qty

NRB Bearings Ltd. Performance

1 Day
-2.81%
1 Week
-1.33%
1 Month
+4.77%
3 Month
-17.16%
6 Month
+21.46%
1 Year
+108.51%
2 Year
+161.13%
5 Year
+65.91%
10 Year
+374.09%

NRB Bearings Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 22.69 16.19 18.2 27.24 25.9 7.16 11.43 13.67 15.31
Return on Capital Employed (%) 17.44 14.07 15.88 25.63 25.71 8.85 11.22 14.5 15.89
Return on Assets (%) 6.36 4.84 5.86 9.68 9.9 2.69 4.46 5.78 6.66

NRB Bearings Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 254 279 304 378 471 457 518 589 668 670
Non Curr. Liab. 275 251 300 262 360 365 381 362 350 71
Curr. Liab. 354 365 302 361 373 426 329 412 479 495
Minority Int. 3 4 5 8 9 10 11 13 15 15
Equity & Liab. 887 899 912 1,008 1,213 1,257 1,239 1,376 1,511 1,251
Non Curr. Assets 443 451 491 500 651 704 698 715 717 451
Curr. Assets 444 448 420 508 561 554 541 660 794 800
Misc. Exp. not W/O
Total Assets 887 899 912 1,008 1,213 1,257 1,239 1,376 1,511 1,251

NRB Bearings Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 670 675 726 855 965 776 762 943 1,057 1,122
Other Income 4 3 8 12 6 16 15 14 23 22
Total Income 675 678 733 867 971 792 777 957 1,080 1,144
Total Expenditure -546 -564 -608 -686 -779 -689 -658 -796 -880 -931
PBIDT 128 114 125 181 192 103 120 161 200 212
Interest -19 -18 -18 -15 -16 -22 -23 -18 -21 -26
Depreciation -31 -32 -32 -31 -35 -33 -31 -37 -41 -43
Taxation -24 -21 -22 -42 -47 -14 -11 -26 -31 -70
Exceptional Items 17 -4 -11 169
PAT 54 43 53 93 110 33 56 76 96 243
Minority Interest 0 -1 -1 -2 -2 -1 -2 -2 -2 -2
Share Associate
Other Related Items
Consolidated Net Profit 53 42 52 91 108 32 54 73 94 242
Adjusted EPS 5 4 5 9 11 3 6 8 10 25

NRB Bearings Ltd. Cash Flow

Particulars 10 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 73 71 92 85 133 71 102 158 16 61
Cash Fr. Inv. -67 -24 -10 -25 -46 -89 -65 -32 -50 -44
Cash Fr. Finan. -4 -25 -79 -69 -96 36 9 -129 22 -13
Net Change 2 22 4 -10 -9 17 46 -3 -13 3
Cash & Cash Eqvt 6 28 31 22 13 30 76 74 62 65

NRB Bearings Ltd. Shareholding Pattern

9 Qtrs 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%) 2024-03 (%)
Promoter 49.85 49.86 49.86 49.89 50.11 50.24 50.63 50.67 50.69
Public 50.15 50.14 50.14 50.11 49.89 49.76 49.37 49.33 49.31
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 1.24 1.24 1.24 0.62 0.62 0.62 0.61 0.61 0.00
No. of Shareholders (in Lacs)

NRB Bearings Ltd. Announcements

Mon, 29 Apr 2024
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanyNRB BEARINGS LTD.
2CIN NO.L29130MH1965PLC013251
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 42.10
4Highest Credit Rating during the previous FY AA-
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD.
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: Shruti Joshi
Designation: Company Secretary and Compliance Officer
EmailId: shruti.joshi@nrb.co.in
Name of the Chief Financial Officer: Raman Malhotra
Designation: Chief Financial Officer
EmailId: raman.malhotra@nrb.co.in

Date: 29/04/2024

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Fri, 12 Apr 2024
Compliance Under Regulation 40(9) And 40(10) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 For The Year Ended March 31 2024.
Compliances under Regulation 40(9) and 40(10) of SEBI (LODR) Regulations 2015 for the quarter ended March 31 2024
Wed, 10 Apr 2024
Certificate Under Regulation 7(3) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 For The Financial Year Ended March 31 2024
Certificate under Regulation 7(3) of the SEBI (LODR) Regulations 2015 for the financial year ended March 31 2024.

NRB Bearings Ltd. Technical Scans

Fri, 03 May 2024
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Closing Below Previous Low Closing Below Previous Low
Making Higher Highs for 2 Days Making Higher Highs for 2 Days

NRB Bearings Ltd. Related Stocks

Stock Name Market Cap(Rs. Cr.) LTP Chg %
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Bajaj Auto Ltd. 254,018.68 9,085.00 -0.2%
Eicher Motors Ltd. 125,908.15 4,600.00 -0.1%
TVS Motor Company Ltd. 97,540.14 2,053.10 -1.0%
Cummins India Ltd. 94,385.21 3,404.95 +3.1%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2024-03 29.12 12,491.15 -2.4%
Tata Motors Ltd. Consolidated 2023-12 17.37 1,013.80 -1.4%
Mahindra & Mahindra Ltd. Consolidated 2023-12 24.45 2,189.00 +0.2%
Bajaj Auto Ltd. Consolidated 2024-03 32.95 9,085.00 -0.2%
Eicher Motors Ltd. Consolidated 2023-12 32.82 4,600.00 -0.1%
TVS Motor Company Ltd. Consolidated 2023-12 59.64 2,053.10 -1.0%
Cummins India Ltd. Consolidated 2023-12 61.66 3,404.95 +3.1%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2024-03 4.59 12,491.15 -2.4%
Tata Motors Ltd. Consolidated 2023-12 5.57 1,013.80 -1.4%
Mahindra & Mahindra Ltd. Consolidated 2023-12 4.31 2,189.00 +0.2%
Bajaj Auto Ltd. Consolidated 2024-03 8.77 9,085.00 -0.2%
Eicher Motors Ltd. Consolidated 2023-12 7.49 4,600.00 -0.1%
TVS Motor Company Ltd. Consolidated 2023-12 14.25 2,053.10 -1.0%
Cummins India Ltd. Consolidated 2023-12 14.47 3,404.95 +3.1%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 0.02 12,491.15 -2.4%
Tata Motors Ltd. Consolidated 2023-03 2.78 1,013.80 -1.4%
Mahindra & Mahindra Ltd. Consolidated 2023-03 1.58 2,189.00 +0.2%
Bajaj Auto Ltd. Consolidated 2023-03 0.00 9,085.00 -0.2%
Eicher Motors Ltd. Consolidated 2023-03 0.01 4,600.00 -0.1%
TVS Motor Company Ltd. Consolidated 2023-03 3.93 2,053.10 -1.0%
Cummins India Ltd. Consolidated 2023-03 0.06 3,404.95 +3.1%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 14.02 12,491.15 -2.4%
Tata Motors Ltd. Consolidated 2023-03 5.24 1,013.80 -1.4%
Mahindra & Mahindra Ltd. Consolidated 2023-03 22.09 2,189.00 +0.2%
Bajaj Auto Ltd. Consolidated 2023-03 20.50 9,085.00 -0.2%
Eicher Motors Ltd. Consolidated 2023-03 21.19 4,600.00 -0.1%
TVS Motor Company Ltd. Consolidated 2023-03 26.44 2,053.10 -1.0%
Cummins India Ltd. Consolidated 2023-03 22.53 3,404.95 +3.1%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 14.02 12,491.15 -2.4%
Tata Motors Ltd. Consolidated 2023-03 5.24 1,013.80 -1.4%
Mahindra & Mahindra Ltd. Consolidated 2023-03 22.09 2,189.00 +0.2%
Bajaj Auto Ltd. Consolidated 2023-03 20.50 9,085.00 -0.2%
Eicher Motors Ltd. Consolidated 2023-03 21.19 4,600.00 -0.1%
TVS Motor Company Ltd. Consolidated 2023-03 26.44 2,053.10 -1.0%
Cummins India Ltd. Consolidated 2023-03 22.53 3,404.95 +3.1%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 117,571.30 12,491.15 -2.4%
Tata Motors Ltd. Consolidated 2023-03 345,966.97 1,013.80 -1.4%
Mahindra & Mahindra Ltd. Consolidated 2023-03 121,268.55 2,189.00 +0.2%
Bajaj Auto Ltd. Consolidated 2023-03 36,455.38 9,085.00 -0.2%
Eicher Motors Ltd. Consolidated 2023-03 14,442.18 4,600.00 -0.1%
TVS Motor Company Ltd. Consolidated 2023-03 31,973.99 2,053.10 -1.0%
Cummins India Ltd. Consolidated 2023-03 7,772.09 3,404.95 +3.1%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 8,211.00 12,491.15 -2.4%
Tata Motors Ltd. Consolidated 2023-03 2,353.49 1,013.80 -1.4%
Mahindra & Mahindra Ltd. Consolidated 2023-03 11,374.48 2,189.00 +0.2%
Bajaj Auto Ltd. Consolidated 2023-03 6,060.21 9,085.00 -0.2%
Eicher Motors Ltd. Consolidated 2023-03 2,913.94 4,600.00 -0.1%
TVS Motor Company Ltd. Consolidated 2023-03 1,309.46 2,053.10 -1.0%
Cummins India Ltd. Consolidated 2023-03 1,228.15 3,404.95 +3.1%

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