NSE: NRBBEARING | BSE: 530367

Mid-range Performer

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266.15 -3.47 (-1.29%)

28.26% Fall from 52W High

144.1K NSE+BSE Volume

NSE 02 Jun, 2025 2:02 PM (IST)

2,579.6

Market Cap

High in industry

1.0

Beta 1Year

Average volatility

NRB Bearings Ltd. share price target and research reports

Name: Latest research reports of NRB Bearings Ltd. authored by HDFC Securities and published by - Trendlyne research reports.
Item: NRB Bearings Ltd.
Rating: 5
Author: HDFC Securities

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

NRB Bearings Ltd.

13 Aug 2018

266.15

-1.29%

NRB Bearings (1QFY19): On track. Maintain BUY

Buy: NRB Bearings Ltd.

HDFC Securities

We value the stock at Rs 217(18xFY20E EPS). Maintain Buy NRB posted strong numbers in 1QFY19. Revenue came in at Rs 2.34bn (+31% YoY), fuelled by strong growth across OEMs segments (2W, CV and tractor segment) and export. EBITDA rose 69% YoY to Rs 444mn with stellar margin at 19% (+369bps YoY) driven by operating leverage and richer product mix (higher revenue from CVs). APAT at Rs. 243mn (+92% YoY) led by higher operating margin and fall in interest cost

Number of FII/FPI investors decreased from 68 to 62 in Mar 2025 qtr

NRB Bearings Ltd.

10 Aug 2018

266.15

-1.29%

NRB Bearings

Buy: NRB Bearings Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research NRB Bearings reported stellar Q1FY19 numbers. Revenues came in at | 233.9 crore, up 30.6% YoY. We estimated revenues of | 210.1 crore (17.3% YoY growth) for the quarter. We believe strong topline growth was on account of a robust performance across all segments i.e. domestic OEMs, after-markets and exports EBITDA increased 62.1% YoY to | 44.4 crore. The company reported strong EBITDA on account of a sharp increase in gross margins, 400...

NRB Bearings Ltd. is trading above all available SMAs

NRB Bearings Ltd.

24 May 2018

266.15

-1.29%

NRB Bearings

Buy: NRB Bearings Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research NRB Bearings reported yet another stellar quarter. Topline, EBITDA and PAT numbers all came in above our estimates Revenues came in at | 235.3 crore, up 24.7% YoY. We estimated revenues of | 215.8 crore (14.3% YoY growth) for the quarter EBITDA increased 56.4% YoY to | 42.1 crore. Strong EBITDA was on account of stable gross margins and lower other expenses during the quarter. Accordingly, EBITDA margins were at 17.9% vs. 14.3% in...

Number of FII/FPI investors decreased from 68 to 62 in Mar 2025 qtr

NRB Bearings Ltd.

23 May 2018

266.15

-1.29%

NRB Bearings (4QFY18): Strong Show. Maintain BUY

Buy: NRB Bearings Ltd.

Target

HDFC Securities

We have increased our 19/20E by 20/18% factoring in revival in CV and export sales along with margin expansion. We value the stock at Rs 217(18xFY20E EPS). Maintain Buy NRB posted strong numbers in 4QFY18. Revenue came in at Rs 2.35bn (+25% YoY), fuelled by strong growth across OEMs segments (2W, CV and tractor segment) and export. EBITDA rose 69% YoY to Rs 422mn with margin at 17.9% (+468bps YoY), driven by operating leverage and richer product mix (higher revenue from CVs). APAT at Rs. 268mn (+129% YoY, 26% QoQ) led by strong operating performance and higher other income (Fx gain Rs 50mn)

NRB Bearings Ltd. has gained 22.42% in the last 1 Month

NRB Bearings Ltd.

23 May 2018

266.15

-1.29%

NRB Bearings Ltd: Exports Along with Domestic Demand to Aid ...

Buy: NRB Bearings Ltd.

Karvy

Revenue growth continues along with strong margins: Full year FY18earnings grew by 75% owing to a revenue growth of 17.9% backed by improved volumes and EBITDA margin expansion of 359 bps. EBITDA margins improved largely due to lower employee costs (17%) & other expenses (25%).

NRB Bearings Ltd. is trading above all available SMAs

NRB Bearings Ltd.

28 Feb 2018

266.15

-1.29%

NRB Bearings Ltd: Exports Along with Domestic Demand to Aid ... (Feb 28, 2018)

Buy: NRB Bearings Ltd.

Recommendation Target

Karvy

Healthy Revenue growth coupled with strong margins: YoY EPS grew by177% largely due to an EBITDA expansion of 844 bps and a revenue growth of 14.9%. EBITDA grew by 102% due to lower expenses. We expect the margin trend to continue in future and expect EBITDA margin to reach 21% levels along with netprofit margin reaching 12% by FY20E.

NRB Bearings Ltd. is trading above all available SMAs

NRB Bearings Ltd.

15 Feb 2018

266.15

-1.29%

NRB Bearings (3QFY18): Robust performance. Maintain BUY

Buy: NRB Bearings Ltd.

Target

HDFC Securities

We have increased our FY18/19/20E by 15% factoring in revival in CV and export sales along with margin expansion and roll forward our TP on FY20. We value the stock Rs. 204 (20xFY20E EPS) vs 192 earlier. Maintain Buy NRB posted better-than-expected numbers in 3QFY18, on both the revenue and margin fronts. Revenue came in at Rs 2.07bn (+26% YoY), fuelled by strong growth across OEMs segments (2W, CV and tractor segment) and export. EBITDA stood at Rs 405mn (+103% YoY, 6%QoQ). EBITDA margin came in at 19.5% (+740bps YoY, +109 bps QoQ), benefitting from operating leverage and a richer product mix (higher share of Needle bearings).

NRB Bearings Ltd. has gained 22.42% in the last 1 Month

NRB Bearings Ltd.

14 Feb 2018

266.15

-1.29%

NRB Bearings - Q3FY18 Result Update - Cost rationalization boosts margins

Buy: NRB Bearings Ltd.

Target

Religare

NRB Bearings Revenue and Net profit surged by 25.8% and 177.8% yoy respectively. As NRB Bearings derives ~65% of its total revenue from domestic OEMs, recovery in automobile demand, largely in CVs and PVs, led to higher revenue in Q3FY18.

Number of FII/FPI investors decreased from 68 to 62 in Mar 2025 qtr

NRB Bearings Ltd.

14 Feb 2018

266.15

-1.29%

NRB Bearings

Buy: NRB Bearings Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research NRB Bearings reported stellar Q3FY18 numbers. The company reported topline, EBITDA, PAT numbers above our estimates Revenues came in at | 207.9 crore, up 25.4% YoY. We estimated revenues of | 192.1 crore (15.9% YoY growth) for the quarter EBITDA increased 103.4% YoY to | 40.5 crore. The company reported strong EBITDA on account of a sharp increase in gross margins (up 830 bps YoY). Accordingly, EBITDA margins came in at...

NRB Bearings Ltd. has gained 22.42% in the last 1 Month

NRB Bearings Ltd.

09 Nov 2017

266.15

-1.29%

Result Update Q2FY18 NRB Bearings

Buy: NRB Bearings Ltd.

Target

Religare

NRB Bearings' Revenue (growth not comparable due to change in accounting standard) and Net profit increased by 16.1% and 25.2% respectively on YoY basis. As NRB Bearings derives ~65% of its total revenue from domestic OEMs, recovery in demand in CVs and festive demand for two wheelers and PVs, led to higher revenue in Q2FY18. Also operational efficiency aided in margin expansion.

Number of FII/FPI investors decreased from 68 to 62 in Mar 2025 qtr

Is NRB Bearings Ltd. worth buying?

194 Votes:

Buy 80.93%

Sell 12.89%

Hold 6.19%