NRB Bearings' Q1 FY 2025-26 Quarterly Results

Result Summary

• NRB Bearings Ltd reported a 11.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 8.5%.
• Its expenses for the quarter were up by 8.8% QoQ and 5.0% YoY.
• The net profit increased 3.3% QoQ and increased 28.1% YoY.
• The earnings per share (EPS) of NRB Bearings Ltd stood at 3.3 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

NRB Bearings Ltd is recognized as a significant player in the bearings industry in India. Specializing in the manufacture of needle roller bearings, cylindrical roller bearings, and other precision-engineered products, the company serves a wide range of sectors including automotive, industrial machinery, and aerospace. As a pivotal component manufacturer, its products are crucial for the efficient and smooth operation of mechanical parts across various applications. While specific recent developments for NRB Bearings Ltd up to the current quarter aren't available, the company is generally known for its focus on innovation and expanding its market presence both domestically and internationally.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), NRB Bearings Ltd reported a total income of ₹319.46 crores. This represents an increase in revenue compared to the preceding quarter (Q4FY25), which saw a total income of ₹285.83 crores, marking a quarter-over-quarter (QoQ) growth of 11.8%. Additionally, when comparing year-over-year (YoY) performance, total income rose by 8.5% from ₹294.36 crores in Q1FY25. These figures illustrate an upward trend in revenue generation over both the quarterly and yearly time frames.

Profitability

The company's profitability metrics reveal a consistent improvement. Profit Before Tax (PBT) for Q1FY26 was ₹45.00 crores, up from ₹43.98 crores in the previous quarter, which is a 2.3% increase QoQ. Year-over-year, PBT showed a substantial increase of 36.0% from ₹33.09 crores in Q1FY25. The Profit After Tax (PAT) was ₹32.81 crores for Q1FY26, reflecting a 3.3% rise from the prior quarter's ₹31.77 crores and a notable 28.1% increase from ₹25.62 crores in the same quarter last year. The Earnings Per Share (EPS) stood at ₹3.30, compared to ₹3.20 in the last quarter and ₹2.60 in Q1FY25, showing growth of 3.1% QoQ and 26.9% YoY.

Operating Metrics

The analysis of operating expenses indicates a total expense of ₹274.46 crores for Q1FY26, which has increased by 8.8% from ₹252.36 crores in the preceding quarter. Comparing year-over-year, the total expenses were up by 5.0% from ₹261.27 crores in Q1FY25. Tax expenditure was relatively stable, with a slight decrease of 0.2% QoQ from ₹12.21 crores in Q4FY25 to ₹12.19 crores in Q1FY26, but it increased significantly by 63.2% YoY from ₹7.47 crores in Q1FY25. These metrics highlight the financial discipline in managing operational costs despite the increase in revenue and profitability.