NSE: NRBBEARING | BSE: 530367

Mid-range Performer

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202.42 -13.02 (-6.04%)

45.44% Fall from 52W High

200.8K NSE+BSE Volume

NSE 07 Apr, 2025 1:43 PM (IST)

1,961.9

Market Cap

High in industry

0.9

Beta 1Year

Low volatility

NRB Bearings Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for NRBBEARING, BSE:530367 NRB Bearings Ltd.

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NRB Bearings Ltd.

21 May 2024

202.42

-6.04%

NRB Bearings

Buy: NRB Bearings Ltd.

Target

ICICI Direct

NRB Bearings Ltd. has lost -30.57% in the last 6 Months

NRB Bearings Ltd.

11 Dec 2023

202.42

-6.04%

NRB Bearings

Buy: NRB Bearings Ltd.

ICICI Direct

NRB Bearings Ltd. has lost -30.57% in the last 6 Months

NRB Bearings Ltd.

29 Dec 2021

202.42

-6.04%

NRB Bearings

Buy: NRB Bearings Ltd.

Target

ICICI Securities Limited

NRB is India's largest needle and cylindrical roller bearings producer. Today 90% of vehicles on Indian roads run on NRB parts It exports its products to many countries such as France, Italy, the US, Mexico, Brazil, Thailand and Bangladesh. It has a revenue break-up of 78%...

NRB Bearings Ltd. has lost -30.57% in the last 6 Months

NRB Bearings Ltd.

16 Jun 2021

202.42

-6.04%

NRB Bearings

Buy: NRB Bearings Ltd.

Target

ICICI Securities Limited

NRB took a price hike in the range of 5-7% in January. Going ahead, another hike of 4-5% is expected in order to pass on higher input costs. We believe a strong H2 and overall better FY22 volume should aid NRB to achieve 16%...

NRB Bearings Ltd. has lost -26.70% in the last 3 Months

NRB Bearings Ltd.

08 Feb 2021

202.42

-6.04%

NRB Bearings

Buy: NRB Bearings Ltd.

Target

ICICI Securities Limited

NRB exited the quarter with an EBIDTA margin of 17.6%, which grew ~ 680 bps YoY. This was largely on account of positive operating leverage and low cost steel inventory. We are sceptical that these margins will be sustained in the coming quarters, given the sharp rise in input (steel) prices in recent...

NRB Bearings Ltd. has lost -30.50% in the last 1 Year

NRB Bearings Ltd.

17 Dec 2020

202.42

-6.04%

NRB Bearings

Buy: NRB Bearings Ltd.

Recommendation Target

ICICI Securities Limited

While domestic OEMs were reeling under tepid demand, NRB's exports segment did well, thereby sustaining utilisation levels at factories. Export performance was aided by higher wallet share from existing customers (ZF & Getrag) as well as addition of two new customers. The management expects exports to be upwards of 20% in the FY21E topline. On the domestic front, demand for tractors remained buoyant led by a good monsoon and relatively lesser impact of the pandemic in rural areas. Further, 2-W, PV have seen an uptick whereas CV is gaining some momentum. On the other hand,...

NRB Bearings Ltd. has lost -30.57% in the last 6 Months

NRB Bearings Ltd.

31 Mar 2020

202.42

-6.04%

NRB Bearings

Hold: NRB Bearings Ltd.

Target

ICICI Securities Limited

Companies like Larsen & Toubro and KEC with exposure to the Middle East and North Africa (MENA) region are expected to get impacted by the recent more than 60% fall in crude oil prices to US$22/barrel. This is expected to impact overall orders/awarding from the MENA region. Companies like Elgi Equipments, AIA Engineering, Thermax, Engineers India and Kalpataru Power with exposure to international geographies like Europe, Middle East, China for sales or essential raw material may get impacted. However, lockdowns in India, UK, Europe and other geographies due to Covid-19 are...

NRB Bearings Ltd. has lost -30.50% in the last 1 Year

NRB Bearings Ltd.

18 Feb 2020

202.42

-6.04%

NRB Bearings

Hold: NRB Bearings Ltd.

Recommendation Target

ICICI Securities Limited

Headwinds in domestic OEMs to result in sluggish FY20E Domestic OEM segment witnessed double digit de-growth in the midst of a slowdown in the auto sector. Domestic OEM (two-wheelers, CV comprise highest share in OEM segment) contributes to ~69% of topline. Going ahead, we expect some short-term pain in this segment, which can be followed by some recovery starting H1FY21. Margins look to have bottomed out with the company benefitting from the lag effect of low steel prices in the first half of the year. This should cushion EBITDA as well as bottomline...

NRB Bearings Ltd. has lost -26.70% in the last 3 Months

No results found

Is NRB Bearings Ltd. worth buying?

189 Votes:

Buy 80.95%

Sell 12.7%

Hold 6.35%

RESEARCH REPORTS

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