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NRB Bearings Ltd (NRBBEARING)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530367 NSE: NRBBEARING Bearings | Small Cap | NRB Bearings Share Price

₹408.60 -12.55 (-2.98%)

As on 17-Jul'26 16:59

NRB Bearings Ltd (NRBBEARING)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530367 NSE: NRBBEARING Bearings | Small Cap | NRB Bearings Share Price

₹408.60 -12.55 (-2.98%)

As on 17-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹3,960 Cr.
Current Price
₹408.6
52-Week Low / High
₹213 / 468
TTM EPS
₹12.5
TTM Sales
₹1,186 Cr.
Book Value per Share
₹93
P/E Ratio
32.59
Higher than its 5-year historical median
Industry PE
51.4
Price to Book (P/B)
4.39
Higher than its 5-year historical median
Price to Sales (P/S)
3.34
Higher than its 5-year historical median
EV/EBITDA
18.19
Higher than its 5-year historical median
Dividend Yield
1.95%
Profitability Efficiency
Return on Equity (ROE)
13.65%
Underperforms industry median
Return on Capital Employed (ROCE)
17.55%
Outperforms industry median
Return on Assets (ROA)
7.90%
Operating Profit Margin
15.4%
Net Profit Margin
10.25%
Gross Profit Margin
17.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
10.04%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
17.87%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
107.07%
Asset Quality
Promoter Holding
44.73%
Pledged shares (%) of Promoter's holding (%)
14.99%
Reserves
₹882 Cr.
Equity
₹19.4 Cr.
Face Value
₹2
All Time Low / High
₹2.08 / 467.65

NRB Bearings stock performance

Key Ratios
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Quality

Very Good
Check detailed performance

Valuation

Overvalued

Check Valuation charts

Price Trend

Semi Strong
Check Price chart
Q.1 Is NRB Bearings Ltd a good quality company?
NRB Bearings Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

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We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

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How does NRB Bearings Ltd performance compare with that of its Peers?
Q.1 Revenue growth of NRB Bearings Ltd vs industry peers?
NRB Bearings Ltd revenue CAGR is 7.46%, compared to the industry median CAGR of 7.70%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of NRB Bearings Ltd?
Promoters hold 51.20% of the NRB Bearings Ltd, with 77.74% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of NRB Bearings Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 12.3% based on the current price.
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10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
NRB Bearings Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ14.2%22.9%23.7%8.2%9.6%13.8%14.8%35.4%9.2%17.6%-
Value Creation
Index ⓘ		0.00.60.7-0.4-0.30.00.11.5-0.30.3-

Growth Parameters ⓘ
Sales ⓘ7078319407527369121,0231,0231,0781,1861,186
Sales YoY Gr.-17.5%13.2%-20%-2.1%24%12.1%-0%5.4%10%-
Adj EPS ⓘ5.17.98.82.13.97.58.210.18.911.412.5
YoY Gr.-55.8%11.9%-75.9%84%90.8%9.9%22.9%-11.5%28%-
BVPS (₹) ⓘ33.440.348.947.452.659.666.287.490.793.193
Adj Net
Profit ⓘ		49.276.685.620.63872.579.797.986.7111122
Cash Flow from Ops. ⓘ72.212747.384.41488.136.610885.9183-
Debt/CF from Ops. ⓘ3.71.65.53.91.633.28.11.20.80.2-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ5.9%10%5%10%
Adj EPS ⓘ9.5%23.9%11.7%28%
BVPSⓘ12.1%12.1%12%2.6%
Share Price 13.8% 23.5% 22.4% 34.9%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ		15.721.519.84.47.913.313.113.210.112.513.5
Op. Profit
Mgn % ⓘ		15.318.317.69.91214.31513.914.215.415.2
Net Profit
Mgn % ⓘ		79.29.12.85.27.97.89.68.19.410.3
Debt to
Equity ⓘ		0.80.50.60.70.50.50.50.20.100
Working Cap
Days ⓘ		29628629338638131532936035835095
Cash Conv.
Cycle ⓘ		11510411215814412013715014413367

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales7078319407527369121,0231,0231,0781,186
Operating Expenses ⓘ + 6046797756796487838708819251,005
Manufacturing Costs157126158140123161168182182195
Material Costs246347389335317390475480494552
Employee Cost 117111116111111122119122135141
Other Costs ⓘ 8495111949611010898114118
Operating Profit ⓘ 1021521667388130153142153180
Operating Profit Margin (%) 14.5%18.2%17.6%9.7%11.9%14.2%15.0%13.8%14.2%15.2%
Other Income ⓘ + 1112719121626242738
Exceptional Items ⓘ 001700-4-11210-52-7
Interest ⓘ 171515212117192184
Depreciation ⓘ 29283229273336374046
Profit Before Tax ⓘ 6812014342529311431880161
Tax ⓘ 1838441282328682140
Profit After Tax 4982992944708625059122
PAT Margin (%) 7.0%9.9%10.5%3.9%5.9%7.7%8.4%24.5%5.5%10.3%
Adjusted EPS (₹)5.18.510.23.04.57.28.925.96.112.5
Dividend Payout Ratio (%)27.50%30.80%25.50%26.30%11.10%27.60%57.60%15.90%112.30%63.40%

Valuation of NRB Bearings - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 324390474459510577642847879902
Share Capital ⓘ 19191919191919191919
Reserves ⓘ 304371455440490558622827860882
Debt +2531612392911962462611117133
Long Term Debt1076983738960662700
Short Term Debt14692156217106185195847133
Minority Interest0000000000
Trade Payables961041148111198109768298
Others Liabilities ⓘ 228327340373359371393424440573
Total Liabilities ⓘ 9019831,1661,2041,1761,2921,4051,4571,4711,605

Fixed Assets

Net Fixed Assets ⓘ +212223285321313310298285289316
Gross Block557595688753769778801826869939
Accumulated Depreciation346372403432456468503541580623
CWIP ⓘ 713131166310199
Investments ⓘ 24253129315733423540
Inventories158143241207184254291296293272
Trade Receivables209236221207209221259226245293
Cash Equivalents 21272367665449684216
Others Assets ⓘ 270316353362366389472530548660
Total Assets ⓘ 9019831,1661,2041,1761,2921,4051,4571,4711,605

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + 72127478414883710886183
PBT ⓘ 6812014342529311431880161
Adjustment ⓘ 45412349703753-1312533
Changes in Working Capital ⓘ -17-1-70336-99-98-481432
Tax Paid ⓘ -23-32-49-10-11-22-32-31-33-44
Cash Flow From Investing Activity ⓘ + -14-39-65-47-24-44-351393-56
Capex -24-35-72-53-29-24-18147-52-63
Net Investments 0000-0-10-512-2
Others ⓘ 10-4765-19-17-3438
Cash Flow From Financing Activity ⓘ + -68-97286-12421-13-241-91-141
Net Proceeds from Shares ⓘ 0000000000
Net Proceeds from Borrowing ⓘ -18-7-8911255-39-420
Interest Paid ⓘ -16-14-14-20-22-17-19-20-8-4
Dividend Paid ⓘ -14-0-12-33-0-3-13-34-1-97
Others ⓘ -20-766250-1131614-149-40-41
Net Cash Flow ⓘ -10-91043-1-14-116-2-15

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)15.7922.9522.856.319.0312.9114.0833.666.813.65
ROCE (%)14.222.8723.718.219.5513.8314.8235.449.1817.55
Asset Turnover Ratio0.860.90.880.630.620.760.770.730.750.79
PAT to CFO Conversion(x)1.471.550.472.93.360.110.430.431.461.5
Working Capital Days
Receivable Days105.2095.6088.60103.80103.2083.6084.9085.1078.6081.30
Inventory Days68.1064.6074.50108.7096.8085.1096.4010398.2085.30
Payable Days138.30105.10102.10106.30110.8098.1079.9070.4058.1059.30

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.0091.3565.9057.8457.8377.7414.99
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

NRB Bearings Ltd FAQs

The current trading price of NRB Bearings on 17-Jul-2026 16:59 is ₹408.6.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Jul-2026 the market cap of NRB Bearings stood at ₹3,960.3 Cr

The latest P/E ratio of NRB Bearings as of 16-Jul-2026 is 32.59.

The latest P/B ratio of NRB Bearings as of 16-Jul-2026 is 4.39.

The 52-week high of NRB Bearings is ₹467.6 and the 52-week low is ₹213.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of NRB Bearings is ₹1,186 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that NRB Bearings Ltd is a good quality company.

The key valuation ratios of NRB Bearings Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of NRB Bearings Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

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.

Growing skills and precision over years have won NRB worldwide acceptance, even in markets as demanding as Europe, south East Asia and Australia.

In the world of bearing technology, where specialization is the order of the day, NRB Bearings has grown to attain a position of strength and quality leadership. But amidst years of rapid advancement and change, the underlying principle has remained constant. It continues to believe in nothing but the best technology, highest standards of precision and very latest know-how from world leaders in the field. This is perhaps, the reason why the company has steadily moved ahead to become India's most diversified bearing manufacturer.

The company’s plant is located at Jalna, Aurangabad, Waluj, Hyderabad, Thane, Uttarakhand and Thailand

In 2012 Industrial bearing undertaking of the company was demerged.

Product range includes:

  • Needle cages and roller cages
  • Needle bushes (Drawn Cup Roller Bearings)
  • Bearing with cage- guided needles
  • Full complement needle bearings
  • Inner rings
  • Crank pins
  • Hub pin kits
  • Bottom roller bearings
  • Cylindrical roller bearings
  • Tapered roller bearings
  • Fafnir housed units (1) Wide inner ring bearings (2) Housed units
  • Spherical roller bearings
  • Thrust bearings  (1) Roller thrust bearings  (2) Needle thrust bearings
  • Ball bearings
  • Needle rollers
  • Precision steel balls
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