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NRB Bearings - Quaterly Results

30 May 2022 Evaluate
Revenue showed a marginal decline at Rs. 2483.90 millions. For the quarter ended March 2022, as compared to corresponding quarter of last year.The Net Profit of the company slipped to Rs. 194.50 millions from Rs. 292.90 millions, a decline of -33.60% on QoQ basis.Operating profit surged to 481.20 millions from the corresponding previous quarter of 443.70 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 2483.90 2508.30 -0.97 9138.40 7358.90 24.18 9138.40 7358.90 24.18
Other Income 66.20 31.30 111.50 150.50 120.00 25.42 150.50 120.00 25.42
PBIDT 481.20 443.70 8.45 1450.10 993.00 46.03 1450.10 993.00 46.03
Interest 39.70 32.50 22.15 154.40 205.20 -24.76 154.40 205.20 -24.76
PBDT 344.40 411.20 -16.25 1256.40 787.80 59.48 1256.40 787.80 59.48
Depreciation 82.20 80.40 2.24 326.20 266.70 22.31 326.20 266.70 22.31
PBT 262.20 330.80 -20.74 930.20 521.10 78.51 930.20 521.10 78.51
TAX 67.70 37.90 78.63 228.80 83.80 173.03 228.80 83.80 173.03
Deferred Tax -11.40 -17.70 -35.59 1.00 -5.10 -119.61 1.00 -5.10 -119.61
PAT 194.50 292.90 -33.60 701.40 437.30 60.39 701.40 437.30 60.39
Equity 193.80 193.80 0.00 193.80 193.80 0.00 193.80 193.80 0.00
PBIDTM(%) 19.37 17.69 9.52 15.87 13.49 17.60 15.87 13.49 17.60
Peers
Company Name CMP
Schaeffler India 4005.30
Timken India 3205.30
SKF India 1538.30
NRB Bearings 534.75
Menon Bearings 295.50
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