Auto Components
Valuation | |
|---|---|
| Market Cap | 2.62 kCr |
| Price/Earnings (Trailing) | 28.49 |
| Price/Sales (Trailing) | 2.05 |
| EV/EBITDA | 14.24 |
| Price/Free Cashflow | 1.45 K |
| MarketCap/EBT | 20.16 |
| Enterprise Value | 2.72 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 1.28 kCr |
| Rev. Growth (Yr) | 8.9% |
| Earnings (TTM) | 94.98 Cr |
| Earnings Growth (Yr) | 15.3% |
Profitability | |
|---|---|
| Operating Margin | 14% |
| EBT Margin | 10% |
| Return on Equity | 9.76% |
| Return on Assets | 7.14% |
| Free Cashflow Yield | 0.07% |
Growth & Returns | |
|---|---|
| Price Change 1W | 6.9% |
| Price Change 1M | 0.70% |
| Price Change 6M | -3.6% |
| Price Change 1Y | 7.4% |
| 3Y Cumulative Return | 23.5% |
| 5Y Cumulative Return | 19.3% |
| 7Y Cumulative Return | 5.4% |
| 10Y Cumulative Return | 8.8% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -59.78 Cr |
| Cash Flow from Operations (TTM) | 83.69 Cr |
| Cash Flow from Financing (TTM) | -28.59 Cr |
| Cash & Equivalents | 29.19 Cr |
| Free Cash Flow (TTM) | 1.79 Cr |
| Free Cash Flow/Share (TTM) | 0.18 |
Balance Sheet | |
|---|---|
| Total Assets | 1.33 kCr |
| Total Liabilities | 357.5 Cr |
| Shareholder Equity | 973.27 Cr |
| Current Assets | 815.23 Cr |
| Current Liabilities | 337.65 Cr |
| Net PPE | 393.98 Cr |
| Inventory | 464.94 Cr |
| Goodwill | 48 L |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.1 |
| Debt/Equity | 0.13 |
| Interest Coverage | 12 |
| Interest/Cashflow Ops | 8.76 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 6.8 |
| Dividend Yield | 2.6% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Balance Sheet: Strong Balance Sheet.
Smart Money: Smart money has been increasing their position in the stock.
Dividend: Dividend paying stock. Dividend yield of 2.6%.
Past Returns: Outperforming stock! In past three years, the stock has provided 23.5% return compared to 12.8% by NIFTY 50.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Insider Trading: There's significant insider buying recently.
No major cons observed.
Balance Sheet: Strong Balance Sheet.
Smart Money: Smart money has been increasing their position in the stock.
Dividend: Dividend paying stock. Dividend yield of 2.6%.
Past Returns: Outperforming stock! In past three years, the stock has provided 23.5% return compared to 12.8% by NIFTY 50.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Insider Trading: There's significant insider buying recently.
No major cons observed.
Investor Care | |
|---|---|
| Dividend Yield | 2.6% |
| Dividend/Share (TTM) | 6.8 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 9.49 |
Financial Health | |
|---|---|
| Current Ratio | 2.41 |
| Debt/Equity | 0.13 |
Technical Indicators | |
|---|---|
| RSI (14d) | 55.22 |
| RSI (5d) | 86.66 |
| RSI (21d) | 46.63 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Sell |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal |
Summary of NRB Bearings's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Management's outlook for NRB Bearings emphasizes a strategic growth trajectory targeting INR 2,500 crores in revenues by 2031, equating to a CAGR of approximately 13%. The company holds a commanding position in the cylindrical roller bearing market with over 30% market share by value and 50% by volume. They dominate the needle roller segment with a 60% market share, contributing to powering over 90% of vehicles in India. The management is leveraging strong demand in both domestic and international markets, with a revenue split of approximately 70-30 between domestic and international business.
Key forward-looking points include:
Overall, NRB Bearings is positioned to capitalize on evolving market dynamics while maintaining a conservative financial strategy.
Understand NRB Bearings ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| HARSHBEENA SAHNEY ZAVERI | 41.48% |
| NALANDA INDIA EQUITY FUND LIMITED | 9.49% |
| HDFC SMALL CAP FUND | 9.03% |
| TRILOCHAN SINGH SAHNEY TRUST1 | 7% |
| AZIZ YOUSUF ZAVERI | 1.55% |
| ANUPA SAHNEY | 0.8% |
| JASJIV SINGH DEVINDER SINGH SAHNEY | 0.31% |
Detailed comparison of NRB Bearings against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| SCHAEFFLER | Schaeffler India | 60.08 kCr | 9.24 kCr | +0.60% | +15.80% | 54.6 | 6.5 | - | - |
| TIMKEN | Timken India | 24.44 kCr |
Comprehensive comparison against sector averages
NRBBEARING metrics compared to Auto
| Category | NRBBEARING | Auto |
|---|---|---|
| PE | 27.59 | 40.65 |
| PS | 1.99 | 2.27 |
| Growth | 10 % | 8 % |
NRB Bearings Limited, together with its subsidiaries, manufactures and sells ball and roller bearings for original equipment manufacturers in India and internationally. The company offers a range of friction solutions comprising drawn cup needle bearings, cylindrical roller bearings, polyamide and steel needle bearing cages, drawn cup cylindrical roller bearings, crank pins, full-complement needle bearings, special ball bearings, thrust bearings, formed strip cages for heavy gearboxes, tapered and spherical roller bearings, rocker-arm bearings, planetary shafts, and other special pins. It serves automotive sector and mobility applications. NRB Bearings Limited was incorporated in 1965 and is based in Mumbai, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
NRBBEARING vs Auto (2021 - 2026)
1. Question from L. Ganapathi:
Can you provide the CAPEX guidance for the current year and clarify whether the INR 200 crore plan excludes this year's expenditures?
Harshbeena Zaveri's Answer:
We spent about INR 150 crore, with INR 50 crore for capacity enhancement, and around INR 40-50 crore for maintenance. The CAPEX guidance for FY '26 is integrated with our ongoing efforts, including the new INR 200 crore expansion plan, which will start with infrastructure enhancements.
2. Question from Raghunandhan:
What was the standalone revenue mix for Q2 and its growth year-on-year?
Harshbeena Zaveri's Answer:
Stand-alone revenue was approximately 33-35% for two-wheelers, 28-29% for commercial vehicles, 25% for exports, and 15% for the replacement market this quarter. The profitability gap between these segments is typically minimal, showcasing a risk-mitigated revenue structure.
3. Question from Viraj:
How do we plan to scale in the industrial business despite strong MNC competitors?
Harshbeena Zaveri's Answer:
We aim to replicate automotive strengths in the industrial segment, focusing on high-margin industries like robotics and aerospace. Our engineering expertise and product customization will allow us to thrive, despite our competitors' scale.
4. Question from Ritesh:
Will new products be developed for diversification into robotics and aerospace?
Harshbeena Zaveri's Answer:
Yes, we are expanding our product offerings for both automotive and industrial sectors. Our existing core can be adapted for new specifications to cater to these markets while utilizing our engineering capabilities.
5. Question from Shreyans:
With a goal of INR 2,500 crore by FY '31, is this conservative considering the expected market growth?
Harshbeena Zaveri's Answer:
I tend to be cautious, hence the conservative target. Our financial strength allows us to invest wisely into growth initiatives without over-leveraging ourselves, ensuring stability even with significant market fluctuations.
Each response encapsulates essential details within the 500-character limit, addressing key aspects of NRB Bearings' operational strategy and future outlook.
| BHUPINDER SINGH SAHNEY | 0.04% |
| SAHIR ZAVERI . | 0.02% |
| DEVESH SINGH SAHNEY | 0% |
| AARTI DEVESH SAHNEY | 0% |
| MALLIKA SAHNEY | 0% |
| HANWANTBIR KAUR SAHNEY | 0% |
| RAJIV DEVINDER SAHNI | 0% |
| SZWW GENERAL TRADING PRIVATE LIMITED | 0% |
| TRILOCHAN SINGH SAHNEY | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| 3.24 kCr |
| +5.20% |
| +15.60% |
| 53.73 |
| 7.54 |
| - |
| - |
| SKFINDIA | SKF India | 8.81 kCr | 5.16 kCr | -2.80% | -55.30% | 16.44 | 1.71 | - | - |
| 15.9% |
| 52 |
| 45 |
| 48 |
| 36 |
| 48 |
| 33 |
| Exceptional items before tax | - | 0 | 0 | -47.62 | -4.27 | 0 | 0 |
| Total profit before tax | 15.9% | 52 | 45 | 0.73 | 32 | 48 | 33 |
| Current tax | 37.8% | 13 | 9.71 | 1.84 | 9.96 | 13 | 9.21 |
| Deferred tax | -321.6% | -2.28 | 2.48 | 0.23 | -0.18 | -0.85 | -1.74 |
| Total tax | -9.1% | 11 | 12 | 2.07 | 9.78 | 12 | 7.47 |
| Total profit (loss) for period | 25% | 41 | 33 | -1.34 | 22 | 36 | 26 |
| Other comp. income net of taxes | 333.3% | 3.47 | 1.57 | -2.83 | -5.86 | 9.81 | 1.93 |
| Total Comprehensive Income | 33.3% | 45 | 34 | -4.17 | 16 | 46 | 28 |
| Earnings Per Share, Basic | 38.1% | 4.19 | 3.31 | -0.21 | 2.2 | 3.64 | 2.57 |
| Earnings Per Share, Diluted | 38.1% | 4.19 | 3.31 | -0.21 | 2.2 | 3.64 | 2.57 |
| 8.46 |
| 21 |
| 19 |
| 15 |
| 21 |
| 21 |
| Depreciation and Amortization | 8.3% | 40 | 37 | 36 | 33 | 27 | 29 |
| Other expenses | 6.1% | 295 | 278 | 276 | 272 | 220 | 234 |
| Total Expenses | 3.6% | 973 | 939 | 925 | 832 | 696 | 729 |
| Profit Before exceptional items and Tax | 22.4% | 132 | 108 | 124 | 97 | 52 | 42 |
| Exceptional items before tax | -125.3% | -51.89 | 210 | -10.53 | -3.93 | 0 | 0 |
| Total profit before tax | -75.1% | 80 | 318 | 114 | 93 | 52 | 42 |
| Current tax | -62.7% | 23 | 60 | 31 | 23 | 8.89 | 7.66 |
| Deferred tax | -148.6% | -2.23 | 7.65 | -2.98 | 0.1 | -0.51 | 4.52 |
| Total tax | -70.1% | 21 | 68 | 28 | 23 | 8.38 | 12 |
| Total profit (loss) for period | -76.7% | 59 | 250 | 86 | 70 | 44 | 29 |
| Other comp. income net of taxes | -211.6% | -1.98 | 3.67 | -1.75 | 2.3 | 6.84 | -4.79 |
| Total Comprehensive Income | -77.9% | 57 | 254 | 84 | 72 | 51 | 25 |
| Earnings Per Share, Basic | -3.4% | 6.06 | 6.24 | 8.85 | 7.24 | 4.51 | 3.04 |
| Earnings Per Share, Diluted | -3.4% | 6.06 | 6.24 | 8.85 | 7.24 | 4.51 | 3.04 |
| Debt equity ratio | - | - | - | 0 | - | 045 | - |
| Debt service coverage ratio | - | - | - | 0 | - | 0.0122 | - |
| Interest service coverage ratio | - | - | - | 0 | - | 0.0354 | - |
| 292 |
| 283 |
| 285 |
| 277 |
| 280 |
| 294 |
| Capital work-in-progress | -44.4% | 11 | 19 | 7.3 | 9.82 | 2.99 | 2.96 |
| Non-current investments | 8.8% | 38 | 35 | 37 | 36 | 34 | 33 |
| Loans, non-current | -1.9% | 54 | 55 | 51 | 53 | 51 | 0 |
| Total non-current financial assets | 6.4% | 101 | 95 | 93 | 98 | 96 | 44 |
| Total non-current assets | 4.4% | 451 | 432 | 420 | 425 | 425 | 382 |
| Total assets | -0.1% | 1,102 | 1,103 | 1,166 | 1,135 | 1,175 | 1,112 |
| Borrowings, non-current | - | 0 | 0 | 16 | 27 | 52 | 66 |
| Total non-current financial liabilities | 1100% | 3.2 | 0.78 | 20 | 32 | 57 | 72 |
| Total non-current liabilities | -5% | 20 | 21 | 38 | 52 | 69 | 83 |
| Borrowings, current | -65.7% | 25 | 71 | 74 | 100 | 224 | 231 |
| Total current financial liabilities | -12.3% | 158 | 180 | 211 | 217 | 349 | 365 |
| Provisions, current | 30% | 14 | 11 | 9.58 | 9.07 | 9.65 | 9.94 |
| Current tax liabilities | - | 0 | 0 | 1.01 | 0 | 0 | 1.85 |
| Total current liabilities | -10.9% | 181 | 203 | 235 | 237 | 443 | 387 |
| Total liabilities | -10.3% | 201 | 224 | 272 | 289 | 513 | 470 |
| Equity share capital | 0% | 19 | 19 | 19 | 19 | 19 | 19 |
| Total equity | 2.4% | 900 | 879 | 893 | 847 | 663 | 642 |
| Total equity and liabilities | -0.1% | 1,102 | 1,103 | 1,166 | 1,135 | 1,175 | 1,112 |
| -454.1% |
| -2.01 |
| 1.85 |
| 0 |
| 0 |
| - |
| - |
| Interest received | 85% | 0 | -5.67 | 0 | 0 | - | - |
| Income taxes paid (refund) | 199.3% | 33 | -31.24 | 32 | 22 | - | - |
| Other inflows (outflows) of cash | 95.7% | -10.98 | -277.75 | 0 | 0 | - | - |
| Net Cashflows From Operating Activities | -20.4% | 87 | 109 | 36 | 8.11 | - | - |
| Cashflows used in obtaining control of subsidiaries | -102.2% | 0 | 47 | 0 | 0 | - | - |
| Proceeds from sales of PPE | 88.6% | 0.9 | 0.12 | 1.34 | 0.13 | - | - |
| Purchase of property, plant and equipment | 261.4% | 53 | -31.21 | 19 | 24 | - | - |
| Proceeds from sales of long-term assets | - | 0 | 0 | 0 | 2.29 | - | - |
| Cash receipts from repayment of advances and loans made to other parties | 91.7% | 24 | 13 | -22.45 | 1.6 | - | - |
| Dividends received | 18.8% | 2.01 | 1.85 | 1.82 | 1.15 | - | - |
| Interest received | 180.6% | 6.36 | 2.91 | 2.56 | 1.09 | - | - |
| Income taxes paid (refund) | - | 0.4 | 0 | 0 | 0 | - | - |
| Other inflows (outflows) of cash | -84.6% | 22 | 137 | 1.76 | 0.81 | - | - |
| Net Cashflows From Investing Activities | -98.6% | 2.87 | 139 | -34.23 | -43.54 | - | - |
| Proceeds from borrowings | - | 306 | 0 | 27 | 44 | - | - |
| Repayments of borrowings | 114.2% | 363 | 170 | 0 | 0 | - | - |
| Payments of lease liabilities | - | 2.25 | 0 | 2.34 | 2.08 | - | - |
| Dividends paid | -99.7% | 1.13 | 49 | 19 | 3.34 | - | - |
| Interest paid | -62.2% | 8.55 | 21 | 19 | 16 | - | - |
| Other inflows (outflows) of cash | - | -23.1 | 0 | 0 | -1.51 | - | - |
| Net Cashflows from Financing Activities | 61.8% | -91.85 | -242.02 | -13.49 | 21 | - | - |
| Effect of exchange rate on cash eq. | 50.6% | -0.6 | -2.24 | 0.17 | 0.17 | - | - |
| Net change in cash and cash eq. | -263.1% | -2.98 | 3.44 | -11.14 | -14.01 | - | - |