NRB Bearings Share Price

Conference Call with NRB Bearings Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.

• Trendlyne
• 2 weeks 5 days ago

Industrial Products company NRB Bearings announced Q4FY26 & FY26 results Consolidated Financial Highlights: Consolidated Revenue from Operations for Q4FY26 stood at Rs 37,198 lakh, representing a growth of 13.43% QoQ from Rs 32,792 lakh in Q3FY26 and a growth of 12.96% YoY compared to Rs 32,929 lakh in Q4FY25. Consolidated Total Income for Q4FY26 was Rs 37,899 lakh, up 14.30% QoQ from Rs 33,156 lakh and up 14.07% YoY from Rs 33,222 lakh. Net Profit for the quarter Q4FY26 reached Rs 4,209 lakh, reflecting an increase of 43.55% QoQ compared to Rs 2,932 lakh in Q3FY26 and a significant turnaround from a loss of Rs 134 lakh in Q4FY25. For FY26, Consolidated Revenue from Operations was Rs 1,33,515 lakh, a growth of 11.39% YoY compared to Rs 1,19,861 lakh in FY25. Annual Consolidated Total Income for FY26 reached Rs 1,36,952 lakh, up 11.96% YoY from Rs 1,22,325 lakh. The Consolidated Net Profit for FY26 stood at Rs 14,563 lakh, registering a growth of 76.91% YoY compared to Rs 8,232 lakh in FY25. Consolidated Profit before tax for FY26 was Rs 19,420 lakh, an increase of 71.35% YoY from Rs 11,333 lakh. Standalone Financial Highlights: Standalone Revenue from Operations for Q4FY26 was Rs 32,004 lakh, reflecting a 8.00% QoQ growth from Rs 29,632 lakh in Q3FY26 and a 8.51% YoY increase from Rs 29,494 lakh in Q4FY25. Standalone Total Income for the quarter stood at Rs 32,864 lakh, compared to Rs 30,026 lakh in Q3FY26 and Rs 29,906 lakh in Q4FY25. Standalone Net Profit for Q4FY26 was Rs 3,469 lakh, marking a 44.72% QoQ growth over Rs 2,397 lakh and a turnaround from a loss of Rs 511 lakh in Q4FY25. For FY26, Standalone Revenue from Operations reached Rs 1,18,570 lakh, up 10.04% YoY compared to Rs 1,07,752 lakh in FY25. Annual Standalone Net Profit for FY26 was Rs 12,151 lakh, showing a growth of 107.07% YoY compared to Rs 5,868 lakh in FY25. Business Highlights: Dividend: The Board declared a 3rd interim dividend of Rs 2.25 per equity share (112.5%) for FY26. In view of this, no final dividend was recommended for the year. Capacity Expansion: The company is implementing a capacity addition of 17% to 25% starting from FY27 to cater to its robust order book for FY27 and FY28. This expansion will be funded through a combination of debt and internal accruals. Land Acquisition: The company has proposed a capital investment of up to Rs 40 crore for the acquisition of a land parcel to support new product development and business growth. Aerospace Entry: NRB Bearings entered the aerospace industry through its wholly owned subsidiary, Mahant Tool Room Private Limited (MTRPL), which acquired a proprietorship concern engaged in manufacturing precision machinery components for engine and fuel systems for a cash consideration of Rs 2,750 lakh. The company proposes to invest Rs 37.5 crore in MTRPL. Joint Venture (JV): The company executed a JV agreement with Unitec S.r.L. (Italy) to manufacture a new range of Cylindrical Roller Bearings at its Hyderabad plant. NRB will invest up to Rs 67 crore and hold a minimum 75% stake in the JV. Segment Performance: The Company’s business falls under a single operational segment "Bearing" as reviewed by the Chief Operating Decision Maker; hence separate segment-wise reporting is not applicable. Exceptional Items: The company recorded a statutory impact of Rs 1,018 lakh on account of gratuity and Rs 306 lakh for long-term compensated absences under exceptional items in FY26 due to the notification of new unified Labour Codes. Additionally, an exceptional gain of Rs 621 lakh was recognized in FY26 as insurance claim proceeds for a fire incident at the Waluj plant. Harshbeena Zaveri, Managing Director, said: “We are pleased to share that NRB closed FY26 on a strong footing, delivering consolidated Revenue growth of 11% and 19.2% growth in EBITDA, reflecting the resilience of our business model and consistent execution across markets with consolidated EBITDA increasing to Rs 267 crore and Profit after Tax increasing to Rs 146 crore. The strong operational execution reflected in the revenue momentum and expanding EBITDA margins was driven by volume growth, improved product mix, and sustained operational e?iciencies. Across the year, structural initiatives focused on automation, energy optimisation, and disciplined cost management provided meaningful support to margin expansion. The Company’s growth strategy remains firmly anchored in deep R&D; capabilities and non-commoditized products with long-standing, sticky customer relationships that provide a durable competitive advantage. This di?erentiated positioning enables NRB to compete e?ectively in high-precision engineering segments where product quality, reliability, and application-specific technical expertise command premium valuations. NRB is at the forefront of global technology platforms, supported by a world-class engineering backbone that enables premium pricing and builds a sustainable competitive moat. Alongside operational delivery, the Company made steady progress on its strategic priorities. Brownfield expansions at Jalna and Chikalthana are advancing as planned and are expected to start contributing from FY27, providing additional capacity to support increasing business across both existing and new customer programs. These investments reflect NRB’s confidence in market opportunity and its ability to profitably scale across its served segments. Despite a challenging and volatile global environment marked by intermittent supply-chain disruptions and inflationary pressures, NRB remained resilient and continued to meet customer commitments without disruption. The Company’s vertically integrated manufacturing footprint, coupled with proactive supply chain management and strong customer partnerships, enabled uninterrupted service delivery even through periods of external volatility. With an expanding capability base, a more diversified portfolio, and disciplined execution across the business, NRB is well positioned for the next phase of sustainable and profitable growth.” Result PDF

• Trendlyne
• 3 weeks 1 day ago

NRB Bearings' share price rose after the company announced a joint venture (JV) agreement with Unitec S.r.L. and Mondial S.p.A., both part of the Italian Mondial Group, to form a JV company in India.

• Business Standard
• 5 months 4 weeks ago