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NRB Bearings Ltd dividend

NRB Bearings Ltd dividend

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NRB Bearings Ltd

NSE: NRBBEARING

DPS

1

Last updated : FY 2023

Key Highlights

    The Dividend per Share of NRB Bearings Ltd is ₹ 1 as of 2023 .a1#The Dividend Payout of NRB Bearings Ltd changed from 25.51 % on March 2019 to 11.29 % on March 2023 . This represents a CAGR of -15.04% over 5 years. a1#The Latest Trading Price of NRB Bearings Ltd is ₹ 321.6 as of 18 May 15:30 .a1#The Market Cap of NRB Bearings Ltd changed from ₹ 1837 crore on March 2019 to ₹ 1298 crore on March 2023 . This represents a CAGR of -6.71% over 5 years. a1#The Revenue of NRB Bearings Ltd changed from ₹ 239.53 crore to ₹ 449.98 crore over 7 quarters. This represents a CAGR of 43.38% a1#The EBITDA of NRB Bearings Ltd changed from ₹ 46.35 crore to ₹ 227.3 crore over 7 quarters. This represents a CAGR of 148.08% a1#The Net Profit of NRB Bearings Ltd changed from ₹ 24.46 crore to ₹ 166.12 crore over 7 quarters. This represents a CAGR of 198.82% a1#

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Share Price Vs Dividend Yield

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Fundamental Metrics

Market Cap

3,117 Cr

EPS

11.2

P/E Ratio (TTM) *

28.8

P/B Ratio (TTM) *

4.7

DTE *

0.5

ROE *

14.9

ROCE *

16.4

Dividend Yield *

0.75

DPS *

1

Dividend Payout *

11.29

Ann.Dividend % *

50

* All values are consolidated

* All values are consolidated

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Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1926
Mar '2028
Mar '2111
Mar '2228
Mar '2311

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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NRB Bearings Ltd

NSE: NRBBEARING

PRICE

321.6

2.55(0.80%)

stock direction

Last updated : 18 May 15:30

SWOT Analysis Of NRB Bearings Ltd

Strength

2

S

Weakness

0

W

Opportunity

0

O

Threats

1

T

Dividend Overview for NRB Bearings Ltd

  • NRB Bearings Ltd, boasts of a market capitalization of Rs 3117 Cr., with a share price of Rs 321.60 as of 18 May 15:30. While all stocks don't consistently pay dividends, NRB Bearings Ltd rewarded its shareholders, distributing 11.3 % for the full year.
  • In the year ending 2022, NRB Bearings Ltd declared a dividend of Rs 2, resulting in a dividend yield of 1.7% Assessing its dividend-paying capacity and valuation is crucial to determine its suitability as a dividend stock.
  • During the year ending 2023, NRB Bearings Ltd recorded revenues of Rs 1122 Cr, with a trailing EBITDA Margin of 34.0% and net-profit of Rs 243 Cr

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '191838
Mar '20573
Mar '211052
Mar '221115
Mar '231298

* All values are a in crore

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Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '22240
Sep '22261
Dec '22265
Mar '22315
Jun '23277
Sep '23284
Dec '23450

* All values are a in crore

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EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '2246
Sep '2234
Dec '2249
Mar '2259
Jun '2345
Sep '2351
Dec '23227

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '2224
Sep '2213
Dec '2223
Mar '2235
Jun '2319
Sep '2325
Dec '23166

* All values are a in crore

About NRB Bearings Ltd

About NRB Bearings Ltd

    NRB Bearings, an Indo-French JV venture between Nadella, France and Trilochan Sahney is into manufacture of Needle roller bearings, Cylindrical roller bearings and Ball bearings. It pioneered the manufacture of needle roller bearings in India. The French partner holds 26% stake in the company. The Timken Co. USA in Oct 2002 which has acquired Engineered Solutions Business segment of Ingersoll-Rand Ltd as part of world wide acquisition. By this worldwide acquisition Timken got the voting rights of Nadella S.A. the JV partner thus resulting in Timken picking up a default acquisition of 26% equity stke in NRB Bearings. The company's activities are organised into three divisions -- general bearings, needle bearings and agency. The general bearings division set up in 1982 manufactures cylindrical roller bearings. It later diversified into spherical roller bearings and ball bearings in technical collaboration with Ransome Hoffman Pollard International (RHP), UK. In 1995, its product range was diversified again by including taper roller bearings with technical knowhow from SNR Roulements, France. In Apr.'91, Sahney Steel and Press Works was merged with it. NRB's list of customers include Maruti Udyog, Mahindra & Mahindra, Telco, Ashok Leyland, Bajaj Tempo, Bajaj Auto, LML, TAFE, Siemens, ABB, HMT, Kelvinator, Lucas TVS and LMW. The company's agency division, set up in 1980, acts as an intermediary for a number of foreign companies in UK, France, Germany and Switzerland such as RHP, Gamet, Nadella, Rollix, IBC, Rohm, Schneeberger, Kugler SA and Forsheda. NRB Bearings came out with a public issue in Mar.'95 to finance the installation of balancing equipment at its Jalna unit to increase productivity. The company has set up an engineering center at Thane to foster technological innovation and to move towards becoming a bearings solution provider. To further develop knowledge on bearing applications, the full fledged testing facilities and computer aided design center has been setup. The company has implemented expansion for enhanced capacity in the general bearings division, which has resulted in additional capacity of 2.1 million nos. for various type of ball and roller bearings in the year 1999-2000. The Company have a joint vernture comany and two subsidiary companies. The jointventure company NRB Torrington is set up in collaboration with the Torrington Company, US. to manufacture wide inner ring ball bearings and housed units. Commercial production of this company started during the year 1994-95. Essen Marketing Services Ltd., one of the subsidiary of the company is into agency business. While the other SNL Bearings(SNL) formerly Shriram Needle Bearing Industries Ltd., is into manufacture of Needle Roller Bearings. SNL became the subsidiary of NRB Bearings with effective from June 1, 2001 by the acquisition of 63.98% of the equity capital of SNL partly from SRF Ltd. and their associates (45.78%) and under the public offer made under SEBI guidelines. Currently the parent company is taking various measures for SNL's turnaround. This acquisition will enable the company to become significantly stronger player in the needle bearing segment in the country. On quality front all the plants of the company and its corporate office is accredited with QS-9000 certificate by TUV, the internationally acclaimed registrars. Earlier the company and all its plants have been certified for ISO-9002. The Pantnagar plant of the company in the state of Uttarakhand was inaugaurated on 7th May, 2008. During FY 2012-13, the Scheme of arrangement for the demerger of industrial bearings undertaking of the Company into NRB Industrial Bearings Limited (NIBL) became effective from 1st October, 2012. Consequent to the said Scheme of amalgamation, all the assets and liabilities relating to industrial bearings business of the Company on the appointed date got transferred to NIBL on a going concern basis. Upon the Scheme of Arrangement becoming effective from 1st October, 2012, NRB Industrial Bearings Ltd (NIBL) and Scheneeberger India Pvt. Ltd. have ceased to be a subsidiary and joint venture company respectively. NRB Bearings Europe GmbH, a wholly owned subsidiary was set up during the year 2014-15.

NRB Bearings Ltd News Hub

News

NRB Bearings to discuss results

NRB Bearings will hold a meeting of the Board of Directors of the Company on 28 March 2024...

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28 Mar 2024 09:38

News

NRB Bearings to discuss results

NRB Bearings will hold a meeting of the Board of Directors of the Company on 13 February 2...

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05 Feb 2024 11:18

News

NRB Bearings Ltd leads gainers in 'B' group

Hindustan Organic Chemicals Ltd, Vineet Laboratories Ltd, Parshva Enterprises Ltd and 3i I...

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29 Dec 2023 12:15

News

NRB Bearings to announce Quarterly Result

NRB Bearings will hold a meeting of the Board of Directors of the Company on 13 November 2...

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08 Nov 2023 12:16

News

NRB Bearings to hold AGM

NRB Bearings announced that the Annual General Meeting (AGM) of the company will be held o...

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08 Sep 2023 14:35

News

NRB Bearings to hold board meeting

NRB Bearings will hold a meeting of the Board of Directors of the Company on 7 September 2...

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31 Aug 2023 16:01

FAQs for dividends of NRB Bearings Ltd

What is the current market price of NRB Bearings Ltd Ltd as of May 20, 2024?

The current market price of NRB Bearings Ltd Ltd stands at 321.6 per share.

What dividend did NRB Bearings Ltd declare in the last fiscal year?

In the last fiscal year, NRB Bearings Ltd declared a dividend totaling ₹5.1.

What is the most recent dividend declared by NRB Bearings Ltd?

NRB Bearings Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has NRB Bearings Ltd declared dividends in the current fiscal year

NRB Bearings Ltd has declared dividends 3 times totaling ₹0 in the current fiscal year (FY2023-2024).

How many times did NRB Bearings Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), NRB Bearings Ltd declared dividends 4 times totaling ₹4.
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