Mumbai-based auto-component maker NRB Bearings Ltd on August 11 posted robust numbers for the first quarter of FY26, with strong domestic traction and improved profitability despite operational setbacks earlier in the year.
On a standalone basis, the company reported a net profit of Rs 26 crore, up 50.1 percent from the year-ago period, while revenue rose 10 percent to Rs 279 crore.
Standalone earnings before interest, taxes, depreciation and amortisation (EBITDA) grew 40.5 percent to Rs 49 crore. On a consolidated basis, EBITDA stood at Rs 61.4 crore, with overall revenue at Rs 310 crore, supported by healthy growth across domestic and export markets.
Managing director Harshbeena Zaveri said the company had strengthened its positioning as a “technology-driven mobility partner” to top global automakers and industrial OEMs, with growth across ICE, hybrid and EV applications.
“Our industrial business grew by over 15 percent this quarter versus last year. We have a risk-mitigated customer profile — our 10 largest Indian and global customers account for half of sales, with no single customer contributing more than 10 percent,” she said.
Sales growth was driven by strong demand in the domestic market and an expanding global footprint. The company’s Waluj plant, which suffered a fire earlier, has resumed normal operations. Zaveri said margins improved on the back of material cost optimisation and disciplined cost controls.
“Our manufacturing presence in India and Thailand provides strategic flexibility amid evolving global trade dynamics. Coupled with our differentiated capabilities across ICE, hybrid and electric platforms, and backed by award-winning R&D, we are well-positioned to support transformation journeys of global OEMs and Tier-1s,” she added.
NRB counts Mercedes, Volvo, Magna, ZF and Meritor among its clients across 43 countries.
Founded in 1965, NRB Bearings was the first company to manufacture needle roller bearings in India and today supplies parts used in over 90 percent of vehicles on Indian roads. Its product range now includes cylindrical roller bearings and lightweight drawn cup bearings.
At 12.22 pm, the stock was trading at Rs 273.45 on the National Stock Exchange, down 2.55 percent from the previous close.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
