NSEPress Release7 Aug 2026 · 7 Aug 2026, 10:08 pm
Press Release
NRB Bearing Limited · NRBBEARING
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NRB Bearings Limited has announced its unaudited financial results for Q1 FY27, with consolidated revenue growing 19.2% YoY and PAT increasing 15% YoY.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
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Liquidity Impact8/10
Market Sentiment9/10
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NRB Bearing Limited has informed the Exchange regarding a press release dated August 07, 2026, titled "Press Release".
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August 07, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, C-1, Block - G, Bandra Kurla
Mumbai - 400 001 Complex, Bandra (East), Mumbai - 400 051
Scrip Code:530367 Symbol: NRBBEARING
Sub: Press Release - Consolidated and Standalone unaudited Financial Results for the
quarter ended June 30, 2026
In continuation of our letter dated August 7, 2026 intimating the Consolidated and Standalone
Unaudited Financial Results for the quarter ended June 30, 2026, we enclose herewith a copy
of Press Release issued by the Company in this regard.
The Consolidated and Standalone unaudited Financial Results for the quarter ended June 30,
2026, as approved by the Board of Directors and the Press Release thereon are also available
on the website of the Company at www.nrbbearings.com.
This is for information and records.
We request you to kindly take the above on record.
Thanking You,
For NRB BEARINGS LIMITED
Khyati Danani
Company Secretary & Compliance Officer
Membership no. A21844
Encl: as above
Press Release
Q1 FY27
NRB Bearings Delivers Strong Q1 FY27 Performance
Consolidated Revenue grew 19.2% YoY
Mumbai, August 7, 2026: NRB Bearings Limited (“NRB” or “Company”), today announced its unaudited
standalone and consolidated financial results for the first quarter ended June 30, 2026.
Key Q1FY27 Financial Performance Highlights are:
Revenue from Operations stood at ₹370 crores in Q1 FY27, compared to ₹310 crores in Q1 FY26,
reflecting a growth of 19.2% year-on-year on a consolidated basis.
PAT increased to ₹38 crores in Q1 FY27, as against ₹33 crores registering an increase of 15%
year-on-year on a consolidated basis.
Standalone results showed healthy growth with sales rising 14.7% year-on-year and PAT rising
by 31.7% year-on-year. Similarly, Standalone EBITDA showed growth of 21.7% year-on-year.
A defining milestone during July 2026 was the successful completion of the strategic acquisition of
Mahant Tool Room, which further strengthened NRB Group’s capabilities by securing the prestigious
AS9100D Aerospace Certification, the global benchmark for quality and excellence in aerospace
manufacturing, significantly expanding group’s addressable market. MTR Private Limited (MTR) is a
launch pad for NRB Group’s foray into Aerospace and Defence application both for bearings and
precision components and critical for strategic mission control product for Defence and commercial
aerospace.
Commenting on the performance, Ms. Harshbeena Zaveri, Vice Chairman & Managing Director
said, “Our di(cid:431)erentiated capabilities in precision engineering from design and development to
manufacturing and delivery supported by our global subsidiary network continue to be increasingly
valued by customers worldwide. Combined with our focus on customer-centric innovation, operational
excellence and value-added engineering solutions”.
In the automotive space, NRB has launched the next generation of BMW Hybrid platform for steering
applications through our tier 1 customer. The model includes 3 Series, 5 Series, X1, X2, Mini Cooper,
Country man; For larger cars, NRB is present in the Hybrid transmission in BMW X5 and X7 and is now
launching the Mercedes-Benz next gen premium-drive Electric EQC, EQA, CLA Electric version.
In Industrial applications new customers include HAAS Automation USA and for Industrial mobility
(construction equipment) JCB – UK. The Company is delighted to announce its first bearing order for
the aerospace & defence application for a mission critical application in the Sukoi-30 aircraft.
This has enabled NRB to deepen long-standing customer relationships and strengthen its position
across automotive, industrial and emerging high-precision engineering applications.
Looking ahead, the Company remains firmly focused on executing its long-term growth strategy. NRB’s
priorities continue to be strengthening its leadership in automotive, accelerating the industrial
NRB BEARINGS LIMITED | WWW.NRBBEARINGS.COM | Q1FY27 PRESS RELEASE
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Press Release
Q1 FY27
business, expanding its global footprint and steadily increasing the share of premium engineered
products in its portfolio by expanding into aerospace and Defence.
NRB remains on track to deliver its next phase of growth, supported by capacity additions, a wider
product mix of bearings and precision components backed by continued investments in technology
and innovation. While operating margins may witness normal fluctuations within its guided range as it
navigates volatile market conditions, it remains confident that its strong customer relationships,
financial discipline and di(cid:431)erentiated engineering capabilities will enable it to sustain profitable growth
and create enduring value for all its stakeholders.
The company achieved a revenue growth 19.2% YOY on a consolidated basis. The revenue jump
showcases the company’s bright future and is proof that the change in strategic direction is building
momentum. This pivot is the foundation for what unfolds in the next twelve months and the high growth
in the first quarter is proof of its management’s ability to deliver even in the face of challenges.
About NRB Bearings Limited
Established in 1965 and headquartered in Mumbai, NRB Bearings Limited is India’s leading wide-range
manufacturer of bearings and precision components, it is the market leader for needle bearings and
cylindrical bearings. A pioneer in high-performance friction solutions, NRB designs, manufacture, and
delivers precision-engineered, bearings and lightweight components to over 40 countries worldwide.
NRB and its global subsidiaries serve an elite international clientele of OEMs and Tier-1 manufacturers
across Europe, Asia, and the Americas, holding a commanding position in emerging platforms like
electric and hybrid vehicles and Industrial applications. The company operates state-of-the-art
manufacturing plants and research centers across India, in Thailand, Europe and in USA, supporting
customers globally through its subsidiaries in USA, Europe, Thailand, and the UAE.
For details please contact:
Diwakar Pingle Binay Sarda
NRB Bearings Ltd
Ernst & Young LLP, Investor Ernst & Young LLP, Investor
E: investorcare@nrb.co.in
Relations Relations
E: Diwakar.Pingle@in.ey.com E: Binay.Sarda@in.ey.com
Disclaimer: Any forward-looking statements about expected future events, financial and operating
results of the Company are based on certain assumptions which the Company does not guarantee the
fulfilment of. These statements are subject to risks and uncertainties. Actual results might di(cid:431)er
substantially or materially from those expressed or implied. Important developments that could a(cid:431)ect
the Company’s operations include a downtrend in the industry, global or domestic or both, significant
changes in political and economic environment in India or key markets abroad, tax laws, litigation,
labour relations, exchange rate fluctuations, technological changes, investment and business income,
cash flow projections, interest and other costs. The Company does not undertake any obligation to
update.
NRB BEARINGS LIMITED | WWW.NRBBEARINGS.COM | Q1FY27 PRESS RELEASE
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