ICICI Securities Ltd | Retail Equity Research NRB Bearings reported strong Q2FY18 numbers. It reported topline, EBITDA and PAT numbers that were above our estimates Revenues came in at | 208.2 crore, up 15.9% YoY. We estimated revenues of | 201.8 crore for the quarter EBITDA increased 35.1% YoY to | 38.3 crore. The company reported strong EBITDA on account of a sharp increase in gross margins (up 630 bps YoY). Accordingly, EBITDA margins came in at 18.4% vs....