NRB Bearings Ltd
NRBBEARINGNRB Bearings Ltd
NRBBEARING
Price Chart
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 12.63 | 3.67 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 51.32 | 7.35 | 0.45% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
NRB Bearings Limited is engaged in the manufacture of ball and roller bearing. The Company is engaged in the design and production of customized friction solutions.
Peers
Compare with peersCummins India Ltd
Thermax Limited
AIA Engineering Ltd
Carborundum Universal Ltd
Timken India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 669.35 | 717.96 | 842.15 | 963.72 | 771.11 | 747.89 | 928.89 | 1,048.61 | 1,278.25 | 1,324.75 | ||||||||||
Raw Materials | 273.76 | 305.15 | 346.39 | 422.18 | 324.36 | 307.50 | 409.49 | 495.70 | 470.03 | 940.51 | ||||||||||
| Power & Fuel Cost | 26.17 | 24.28 | 23.04 | 30.05 | 28.52 | 27.89 | 33.35 | 39.35 | 40.51 | |||||||||||
| Employee Cost | 115.24 | 117.25 | 111.23 | 116.08 | 110.71 | 111.19 | 121.81 | 118.91 | 123.29 | |||||||||||
| Selling & Administrative Expenses | 52.18 | 58.12 | 74.63 | 92.62 | 80.43 | 77.36 | 95.75 | 101.05 | 87.39 | |||||||||||
| Operating & Other expenses | 91.55 | 99.66 | 123.79 | 113.66 | 135.04 | 124.31 | 126.25 | 125.31 | 180.70 | |||||||||||
EBITDA | 110.45 | 113.50 | 163.07 | 189.13 | 92.05 | 99.64 | 142.24 | 168.29 | 376.33 | 384.24 | ||||||||||
| Depreciation/Amortization | 29.14 | 29.25 | 27.98 | 31.86 | 29.49 | 26.67 | 32.62 | 35.97 | 37.47 | 43.95 | ||||||||||
| PBIT | 81.31 | 84.25 | 135.09 | 157.27 | 62.56 | 72.97 | 109.62 | 132.32 | 338.86 | 340.29 | ||||||||||
| Interest & Other Items | 17.50 | 16.67 | 14.78 | 14.59 | 20.93 | 20.86 | 16.60 | 18.52 | 20.64 | 18.99 | ||||||||||
| PBT | 63.81 | 67.58 | 120.31 | 142.68 | 41.63 | 52.11 | 93.02 | 113.80 | 318.22 | 321.30 | ||||||||||
| Taxes & Other Items | 17.83 | 18.25 | 38.40 | 43.91 | 12.18 | 8.38 | 22.88 | 28.00 | 67.75 | 75.49 | ||||||||||
| Net Income | 45.98 | 49.33 | 81.91 | 98.77 | 29.45 | 43.73 | 70.14 | 85.80 | 250.47 | 245.81 | ||||||||||
| EPS | 4.74 | 5.09 | 8.45 | 10.19 | 3.04 | 4.51 | 7.24 | 8.85 | 25.84 | 25.36 | ||||||||||
| DPS | 1.40 | 1.40 | 2.60 | 2.60 | 0.80 | 0.50 | 2.00 | 1.00 | — | 1.00 | ||||||||||
| Payout ratio | 0.30 | 0.28 | 0.31 | 0.26 | 0.26 | 0.11 | 0.28 | 0.11 | 0.00 | 0.04 |
Company Updates
Peers & Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| NRB Bearings Ltd | 12.40 | 3.67 | — |
| Cummins India Ltd | 60.17 | 15.66 | 1.02% |
| Thermax Limited | 76.10 | 11.06 | 0.28% |
| AIA Engineering Ltd | 35.99 | 6.13 | — |
Price Comparison
Compare NRBBEARING with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.49%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Decreased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has decreased by 1.01%
Top 5 Mutual Funds holding NRB Bearings Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
HDFC Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 8.7547% | Percentage of the fund’s portfolio invested in the stock 0.86% | Change in the portfolio weight of the stock over the last 3 months -0.06% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 26/88 (0) |
Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 5.2431% | Percentage of the fund’s portfolio invested in the stock 0.67% | Change in the portfolio weight of the stock over the last 3 months -0.13% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 70/96 (-6) |
Mirae Asset Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.2148% | Percentage of the fund’s portfolio invested in the stock 0.39% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 84/88 (-10) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 22, 2023
Dividend/Share
₹1.00
Ex DateEx Date
Sep 22, 2023
Cash Dividend
Ex DateEx DateJun 9, 2023
Dividend/Share
₹4.10
Ex DateEx Date
Jun 9, 2023
Cash Dividend
Ex DateEx DateSep 7, 2022
Dividend/Share
₹2.00
Ex DateEx Date
Sep 7, 2022
Cash Dividend
Ex DateEx DateSep 16, 2021
Dividend/Share
₹0.50
Ex DateEx Date
Sep 16, 2021
Cash Dividend
Ex DateEx DateFeb 18, 2020
Dividend/Share
₹0.80
Ex DateEx Date
Feb 18, 2020
Net profit of NRB Bearings rose 34.39% to Rs 24.93 crore in the quarter ended June 2024 as against Rs 18.55 crore during the previous quarter ended June 2023. Sales rose 6.35% to Rs 289.29 crore in the quarter ended June 2024 as against Rs 272.02 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales289.29272.02 6 OPM %14.6316.68 - PBDT44.2643.56 2 PBT33.0933.02 0 NP24.9318.55 34 Powered by Capital Market - Live
NRB Bearings will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live
NRB Bearings announced that CRISIL Ratings has reaffirmed/ assigned the rating CRISIL AA-;Stable/ CRISIL A1+ to bank facilities aggregating Rs 500 crore availed by the company. Powered by Capital Market - Live
Oberoi Realty gains on picking up 6.4-acre land parcel in Thane
NRB Bearings - Recovery To Sustain: ICICI Direct
Sensex, Nifty halt 4-day winning run; NRB Bearings surges 14%, KRBL tanks 10%
Oberoi Realty inks pact to acquire NRB Bearings’ 6.4-acre land in Thane
Stocks in news: Adani Group, Kirloskar Oil, Bharat Forge, SBI, Alembic Pharma and more
Buy NRB Bearings; target of Rs 174: Anand Rathi
NRB Bearings consolidated net profit rises 39.19% in the December 2022 quarter
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 5.81%, vs industry avg of 10.74%
Decreasing Market Share
Over the last 5 years, market share decreased from 1.33% to 1.08%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 20.46%, vs industry avg of 23.12%