NRB Bearings Share Price

Name: NRB Bearings
Brand: NRB Bearings

Small Cap

₹325.7

+ 8.95 (2.83%)

Advice
Buy

10 September, 2024 18:47 BSE: 530367 NSE: NRBBEARING ISIN: INE349A01021

Start SIP in NRB Bearings

Start SIP

NRB Bearings Performance

Day Range

Low 319
High 330

₹ 325

52 Week Range

Low 245
High 402

₹ 325

Open Price319
Previous Close317
Volume132080

NRB Bearings Chart

Over 1 Month + 3.45%
Over 3 Month + 3.61%
Over 6 Month + 7.39%
Over 1 Year + 19.44%

NRB Bearings Key Statistics

P/E Ratio	12.8
PEG Ratio	0.1
Market Cap Cr
Price to Book Ratio	3.6
EPS	8.7
Dividend	0.3
Relative Strength Index	54.54
Money Flow Index	58.08
MACD Signal	-0.3
Average True Range	9.05

Nrb Bearings Investment Rating

Master Rating:
N R B Bearings (Nse) has an operating revenue of Rs. 1,111.30 Cr. on a trailing 12-month basis. An annual revenue growth of 3% is not great, Pre-tax margin of 29% is great, ROE of 27% is exceptional. The company has a reasonable debt to equity of 3%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its key moving averages, around -0% and 1% from 50DMA and 200DMA. It needs to stay above these levels to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 89 which is a GOOD score indicating consistency in earnings, a RS Rating of 29 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 101 indicates it belongs to a poor industry group of Metal Proc & Fabrication and a Master Score of C is fair but needs to improve. Institutional holding has remained stable in the last reported quarter. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

NRB Bearings Financials

Standalone Consolidated

Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios
Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios

Indicator	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023
Oper Rev Qtr Cr	253	265	248	262	247	278
Operating Expenses Qtr Cr	225	225	221	223	212	224
Operating Profit Qtr Cr	29	41	27	38	35	54
Depreciation Qtr Cr	10	10	10	9	9	9
Interest Qtr Cr	3	3	5	6	6	7
Tax Qtr Cr	5	11	42	7	7	6
Net Profit Qtr Cr	18	30	162	23	36	27

Indicator	Mar 2024	Mar 2023
Total Revenue Annual Cr	1,047	1,049
Operating Expenses Annual Cr	881	870
Operating Profit Annual in Cr	142	153
Depreciation Cr	37	36
Interest Annual Cr	21	19
Tax Annual Cr	68	28
Net Profit Annual Cr	250	86

Indicator	Mar 2024	Mar 2023
Cash from Operating Activity Annual Cr	109	37
Cash from Investing Activity Annual Cr	139	-35
Cash from Financing Annual Activity Cr	-242	-13
Net Cash Flow Annual Cr	6	-11

Indicator	Mar 2024	Mar 2023
Total ShareHolders Funds Annual Cr	847	642
Fixed Assets Annual Cr	291	301
Total Non Current Assets Annual Cr	425	381
Total Current Assets Annual Cr	710	729
Total Assets Annual Cr	1,135	1,110

Indicator	Mar 2024	Mar 2023
Book Value Per Share Annual Rs	87	66
ROE Annual %	30	13
ROCE Annual %	14	20
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	16	17

Indicator	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023
Oper Rev Qtr Cr	289	285	258	279	272	312
Operating Expenses Qtr Cr	247	237	223	233	227	248
Operating Profit Qtr Cr	42	47	36	46	45	64
Depreciation Qtr Cr	11	11	11	11	11	10
Interest Qtr Cr	3	4	6	6	6	7
Tax Qtr Cr	7	12	44	9	9	8
Net Profit Qtr Cr	25	31	166	24	19	33

Indicator	Mar 2024	Mar 2023
Total Revenue Annual Cr	1,114	1,080
Operating Expenses Annual Cr	920	881
Operating Profit Annual in Cr	174	176
Depreciation Cr	43	41
Interest Annual Cr	22	20
Tax Annual Cr	74	31
Net Profit Annual Cr	239	94

Indicator	Mar 2024	Mar 2023
Cash from Operating Activity Annual Cr	116	61
Cash from Investing Activity Annual Cr	102	-44
Cash from Financing Annual Activity Cr	-223	-13
Net Cash Flow Annual Cr	-4	3

Indicator	Mar 2024	Mar 2023
Total ShareHolders Funds Annual Cr	860	668
Fixed Assets Annual Cr	380	379
Total Non Current Assets Annual Cr	453	451
Total Current Assets Annual Cr	787	759
Total Assets Annual Cr	1,240	1,210

Indicator	Mar 2024	Mar 2023
Book Value Per Share Annual Rs	90	70
ROE Annual %	28	14
ROCE Annual %	16	21
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	18	19

Invest in NRB Bearings

NRB Bearings Technicals

EMA & SMA

Current Price

₹325.7

+ 8.95 (2.83%)

Bullish Moving Average
___
16

Bearish Moving Average
___
0

EMA SMA

20 Day
₹320.73

50 Day
₹321.85

100 Day
₹320.52

200 Day
₹307.07

20 Day
₹317.96

50 Day
₹324.41

100 Day
₹323.80

200 Day
₹319.14

NRB Bearings Resistance and Support

PIVOT

₹324.74

Resistance
First Resistance	330.47
Second Resistance	335.23
Third Resistance	340.97

RSI	54.54
MFI	58.08
MACD Single Line	-0.30
MACD	0.65

Support
First Support	319.97
Second Support	314.23
Third Supoort	309.47

NRB Bearings Delivery and Volume

Period	NSE + BSE Volume Avg	NSE + BSE Delivery Volume Avg	NSE + BSE Delivery Volume %
Day	122,579	7,764,154	63.34
Week	118,515	7,451,063	62.87
1 Month	119,671	6,799,726	56.82
6 Month	300,493	13,885,795	46.21

NRB Bearings Result Highlights

NRB Bearings Synopsis

NSE-Metal Proc & Fabrication

Nrb Bearings Lim belongs to the Industry of Bearings. Company’s Total Operating Revenue is Rs. 1023.10 Cr. and Equity Capital is Rs. 19.38 Cr. for the Year ended 31/03/2023. NRB Bearings Ltd. is a Public Limited Listed company incorporated on 30/06/1965 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L29130MH1965PLC013251 and registration number is 013251.

Market Cap	3,070
Sales	1,028
Shares in Float	4.75
No of funds	65
Yield	0.91

Book Value	3.63
U/D Vol ratio	0.8
LTDebt / Equity	3
Alpha	-0.04
Beta	1.11

NRB Bearings Shareholding Pattern

Owner Name	Jun-24	Mar-24	Dec-23	Sep-23
Promoters	50.69%	50.69%	50.67%	50.63%
Mutual Funds	17.58%	18.59%	19.69%	19.48%
Foreign Portfolio Investors	13.69%	14.33%	14.31%	14.31%
Individual Investors	15.13%	13.78%	13.43%	13.57%
Others	2.91%	2.61%	1.9%	2.01%

NRB Bearings Management

Name	Designation
Mr. Tashwinder Singh	Chairman
Ms. Harshbeena S Zaveri	Vice Chairman & Mng.Director
Mr. Satish C Rangani	Executive Director
Mr. Rustom Desai	Director
Ms. R M Vishakha	Director
Mr. Ashank D Desai	Director
Mr. Devesh S Sahney	Director

NRB Bearings Forecast

Price Estimates

2,000(9.8%)

1,758(-3.5%)

1,590(-12.7%)

Other Analyst Rating

Date	Purpose	Remarks
2024-08-12	Quarterly Results
2024-06-26	Others
2024-05-27	Audited Results
2024-03-28	Others
2024-02-13	Quarterly Results

Date	Purpose	Remarks
2023-06-09	INTERIM	Rs.4.10 per share(205%)Interim Dividend

NRB Bearings MF Shareholding

Name	Amount(cr)
HDFC Small Cap Fund Growth	33,182
Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth	25,617
Mirae Asset Midcap Fund Regular Growth	17,455
Mirae Asset Multicap Fund Regular Growth	3,345
Motilal Oswal Nifty Microcap 250 Index Fund Regular Growth	1,345

NRB Bearings FAQs

What is Share Price of NRB Bearings ?

NRB Bearings share price is ₹325 As on 10 September, 2024 | 18:33

What is the Market Cap of NRB Bearings ?

The Market Cap of NRB Bearings is ₹3156.8 Cr As on 10 September, 2024 | 18:33

What is the P/E ratio of NRB Bearings ?

The P/E ratio of NRB Bearings is 12.8 As on 10 September, 2024 | 18:33

What is the PB ratio of NRB Bearings ?

The PB ratio of NRB Bearings is 3.6 As on 10 September, 2024 | 18:33

NRB Bearings Key Statistics

P/E Ratio	12.8
PEG Ratio	0.1
Market Cap Cr
Price to Book Ratio	3.6
EPS	8.7
Dividend	0.3
Relative Strength Index	54.54
Money Flow Index	58.08
MACD Signal	-0.3
Average True Range	9.05

Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

+91