NRB Bearings Ltd

Revenue from operations increased 13.0% YoY to Rs 371.98 crore during the quarter. Earnings before interest, tax, depreciation, and amortization (EBITDA) rose 17% year-on-year to Rs 74 crore in Q4 FY26. The EBITDA margin also improved, reaching 19.5% compared to 19% in the same period last year. During the quarter, total expenses rose 13.86% YoY to Rs 323.20 crore. The cost of materials consumed increased 15.14% to Rs 139.90 crore, while employee benefits expense rose 5.13% to Rs 51.81 crore in Q4 FY26 over Q4 FY25. 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 efficiencies. Across the year, structural initiatives focused on automation, energy optimization, 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 differentiated positioning enables NRB to compete effectively 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.' Meanwhile, the board declared a third interim dividend of Rs 2.25 per equity share of Rs 2 each for FY '26. The record date has been fixed as 13 May 2026, and the dividend will be paid within 30 days of declaration. The company will not recommend any final dividend for FY26. NRB Bearings, through its wholly owned subsidiary, has incorporated Mahant Tool Room Private Limited with an authorized capital of Rs 7 crore, engaged in aerospace precision machined components, with a 100% stake acquisition via a Rs 37.5 crore investment through equity subscription and ICD conversion, as a related party transaction to be completed within 3 months in India. Separately, the company has also incorporated NRB Unitech Friction Solutions Private Limited with authorised capital of Rs 10 lakh, engaged in bearings and linear motion products, where NRB will hold at least 75% stake in a JV structure with Unitech holding up to 25%, with planned investment up to Rs 67 crore through equity and debt infusion over up to 1 year in India. NRB Bearings also announced plans to expand capacity in its friction solutions business by 17'25% over FY27 onwards, driven by higher demand, new product development, and a strong FY27'FY28 order book, with the expansion to be implemented over around 1 year and involving an investment of up to Rs 40 crore towards land acquisition, funded through a mix of debt and internal accruals. NRB Bearings is India's leading manufacturer of needle roller bearings and cylindrical bearings and a pioneer in a broad range of high-performance bearings and friction solutions for mobility and industrial applications, from design to delivery, manufacturing a wide range of precision-engineered and lightweight, pathbreaking, innovative friction solutions to Indian industry and across the globe to over 40 countries.Powered by Capital Market - Live

NRB Bearings announced that the Board of Directors of the Company at its meeting held on 7 May 2026, inter alia, have recommended the Third Interim dividend of Rs 2.25 per equity Share (i.e. 112.5%) , subject to the approval of the shareholders.

Net profit of NRB Bearings reported to Rs 41.41 crore in the quarter ended March 2026 as against net loss of Rs 2.08 crore during the previous quarter ended March 2025. Sales rose 12.96% to Rs 371.98 crore in the quarter ended March 2026 as against Rs 329.29 crore during the previous quarter ended March 2025. For the full year,net profit rose 79.70% to Rs 142.75 crore in the year ended March 2026 as against Rs 79.44 crore during the previous year ended March 2025. Sales rose 11.39% to Rs 1335.15 crore in the year ended March 2026 as against Rs 1198.61 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales371.98329.29 13 1335.151198.61 11 OPM %18.0118.30 -17.4116.62 - PBDT72.0960.77 19 258.21212.80 21 PBT55.7948.35 15 201.23165.22 22 NP41.41-2.08 LP 142.7579.44 80 Powered by Capital Market - Live

NRB Bearings will hold a meeting of the Board of Directors of the Company on 7 May 2026.

Profit before tax (PBT) stood at Rs 29.32 crore in December 2025 quarter, up 32.66% from Rs 22.10 crore posted in same quarter last year. During the quarter, total expenses rose 19.73% YoY to Rs 11.71 crore. Cost of material consumed rose 17.71% to Rs 127.87 crore and employee benefits cost increased 10.56% to Rs 53.89 crore in Q3 FY26 over Q3 FY25. Earnings before interest, tax, depreciation, and amortization (EBITDA) rose 26% year-on-year to Rs 64 crore in Q3 FY26. The EBITDA margin also improved, reaching 19.3% compared to 17.9% in the same period last year. Harshbeena Zaveri, Managing Director said, 'We are pleased to report a strong consolidated performance for Q3FY26, marking the seventh straight quarter of growth on a corresponding quarter basis. Consolidated Revenue from Operations grew 18% YoY, while Consolidated EBITDA stood at Rs 64 crore, delivering a healthy EBITDA margin of 19.3%. Consolidated Profit After Tax (before exceptional items) increased to Rs 38 crore, registering a YoY growth of 44%. During the quarter, the Company undertook several strategic initiatives aligned with its long-term diversification and growth strategy. NRB announced a strategic Joint Venture with Italy-based Unitec Group to manufacture industrial cylindrical roller bearings (CRBs) in India, combining NRB's scale and R&D capabilities with Unitec's precision engineering expertise and assured offtake. Additionally, through its wholly owned subsidiary, the Company entered into a Business Transfer Agreement to acquire Mahant Tool Room, marking NRB's formal entry into the aerospace segment, backed by an existing order book and strong technical credentials. In line with these strategic initiatives and to support the increasing share of business across both existing and new product lines, the Company is adding 17'25% capacity across various product lines at all its plants. This expansion is driven by strong growth in current platforms, new product development, and the broadening of our friction solutions portfolio for automotive and industrial applications. These initiatives are a focussed strategy by the Company to diversify into aerospace, industrial, EV and hybrid applications while cementing our leadership in the automotive space. With multiple strategic platforms now in place, strong order visibility, and continued emphasis on technology-led manufacturing, the Company is well positioned to execute its aspirational growth plan of achieving over Rs 2,500 crore in organic revenues over the next five years that could be supplemented through our selective 'plug and play' acquisitions which should further speed up growth.' The Board of Directors has approved an interim dividend of Rs 3.20 per share, citing the company's strong financial performance and robust order book. The board also approved the appointment of Vineet Goel as chief financial officer, effective February 11, 2026. Goel brings over 25 years of global experience across India and Germany, spanning manufacturing, services, and technology-enabled sectors. He has extensive expertise in cash flow management, working capital optimisation, and profitability enhancement, and has led greenfield projects, mergers and acquisitions, and SAP-led finance transformations. In his new role, Goel will oversee financial management, risk governance, and corporate governance frameworks to support the company's long-term growth strategy. NRB Bearings is India's leading manufacturer of needle roller bearings and Cylindrical bearings and a pioneer in broad range high performance bearings and friction solutions for mobility and industrial applications, from design to delivery, manufacturing a wide range of precision-engineered and lightweight path breaking innovative friction solutions to Indian industry and across the globe to over 40 countries. Powered by Capital Market - Live

NRB Bearings announced that the Board of Directors of the Company at its meeting held on 9 February 2026, inter alia, have recommended the Second Interim dividend of Rs 3.2 per equity Share (i.e. 160%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of NRB Bearings rose 34.18% to Rs 28.62 crore in the quarter ended December 2025 as against Rs 21.33 crore during the previous quarter ended December 2024. Sales rose 17.74% to Rs 327.92 crore in the quarter ended December 2025 as against Rs 278.52 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales327.92278.52 18 OPM %18.4416.09 - PBDT62.4948.57 29 PBT48.0636.15 33 NP28.6221.33 34 Powered by Capital Market - Live

NRB Bearings will hold a meeting of the Board of Directors of the Company on 9 February 2026.Powered by Capital Market - Live

Net profit of NRB Bearings rose 15.23% to Rs 40.63 crore in the quarter ended September 2025 as against Rs 35.26 crore during the previous quarter ended September 2024. Sales rose 7.86% to Rs 325.20 crore in the quarter ended September 2025 as against Rs 301.51 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales325.20301.51 8 OPM %16.4717.19 - PBDT65.6559.20 11 PBT52.3847.63 10 NP40.6335.26 15 Powered by Capital Market - Live

Net profit of NRB Bearings rose 30.07% to Rs 36.46 crore in the quarter ended September 2025 as against Rs 28.03 crore during the previous quarter ended September 2024. Sales rose 6.85% to Rs 290.78 crore in the quarter ended September 2025 as against Rs 272.15 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales290.78272.15 7 OPM %13.8714.47 - PBDT56.0847.07 19 PBT45.4137.09 22 NP36.4628.03 30 Powered by Capital Market - Live