Graph not available
Graph not available

Open Demat Account

50years
50 Years
of Trust & Legacy
₹0 AMC
for First Year
₹0 Brokerage
on Delivery, Intraday, Currency and NSE F&O
left-arrow
Fundamentals
Financials
Shareholding
Resistance/Support
Delivery and Volume
About
Management
News
Similar Stocks
right-arrow

NRB Bearings Ltd Performance

Today's Low
332.25
arrowIcon
Today's High
341.90
52 Wk Low
177.15
arrowIcon
52 Wk High
401.55


Open

337.8

Traded Value (Cr)

5.88

Prev. Close

335.15

Face Value

2

Volume

175578

NRB Bearings Ltd Fundamentals

Market Cap
₹ 3244.48 Cr
P/E Ratio (TTM)
33.74
P/B Ratio
3.77
Debt to Equity
0.50
ROE
14.08
EPS (TTM)
9.92
Dividend Yield
0.00 %
Book Value
88.72

Click here to know more about Fundamentals

NRB Bearings Ltd Financials

NRB Bearings Ltd Financials

NRB Bearings Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 50.69 % 50.67 % 50.63 % 50.24 %
Mutual Funds 18.59 % 19.69 % 19.48 % 11.18 %
FII 14.33 % 14.31 % 14.32 % 21.85 %
Retail 13.78 % 13.43 % 13.57 % 14.47 %
Others 2.61 % 1.90 % 2.00 % 2.26 %

Promoters

50.69%

Mutual Funds

18.59%

FII

14.33%

Retail

13.78%

Others

2.61%

Promoters

50.67%

Mutual Funds

19.69%

FII

14.31%

Retail

13.43%

Others

1.90%

Promoters

50.63%

Mutual Funds

19.48%

FII

14.32%

Retail

13.57%

Others

2.00%

Promoters

50.24%

Mutual Funds

11.18%

FII

21.85%

Retail

14.47%

Others

2.26%

Resistance and Support

₹336.43

PIVOT

resistance-arrow
Resistance
First Resistance₹340.617
Second Resistance₹346.083
Third Resistance₹350.267
support-arrow
Support
First Support₹330.967
Second Support₹326.783
Third Support₹321.317

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day195,64086,22449.11
Week175,578161,416-18.39
1 Month175,578175,516-18.39
6 Months39,931,74316,917,76251.89

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.

Managing Director

NA

Founded

1965

NSE Symbol

NRBBEARING

NRB Bearings Ltd Management

NameDesignation
Harshbeena S ZhaveriVice Chairman & M.D.
S C RanganiExecutive Director
Tashwinder SinghChairman & Independent Directo
Ashank DesaiIndependent Director
Rustom DesaiIndependent Director
Shruti JoshiCompany Sec. & Compli. Officer
Vishakha R MIndependent Director
Devesh Singh SahneyDirector
Deepak BapnaDirector

Events

Board Meeting Announcement for NRB Bearings Ltd - Jun 26, 2024

NRB BEARINGS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/06/2024 inter alia to consider and approve availi...

Read More

Board Meeting Announcement for NRB Bearings Ltd - Jun 26, 2024

NRB BEARINGS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/06/2024 inter alia to consider and approve availi...

Read More

Board Meeting Announcement for NRB Bearings Ltd - Jun 26, 2024

NRB BEARINGS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/06/2024 inter alia to consider and approve availi...

Read More

Board Meeting Announcement for NRB Bearings Ltd - Jun 26, 2024

NRB BEARINGS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/06/2024 inter alia to consider and approve availi...

Read More

NRB Bearings Ltd News

NRB Bearings consolidated net profit declines 9.69% in the March 2024 quarter
Sales decline 8.91% to Rs 284.61 crore
NRB Bearings declare Quarterly Result
On 27 May 2024
NRB Bearings to discuss results
On 28 March 2024
NRB Bearings consolidated net profit rises 622.83% in the December 2023 quarter
Sales rise 2.92% to Rs 258.41 crore
NRB Bearings to discuss results
On 13 February 2024
NRB Bearings Ltd leads gainers in 'B' group
Hindustan Organic Chemicals Ltd, Vineet Laboratories Ltd, Parshva Enterprises Ltd and 3i Infotech Ltd are among the other gainers in the BSE's 'B' group today, 29 December 2023.
NRB Bearings consolidated net profit rises 91.56% in the September 2023 quarter
Sales rise 8.34% to Rs 278.99 crore
NRB Bearings to announce Quarterly Result
On 13 November 2023
NRB Bearings to hold AGM
On 29 September 2023
NRB Bearings fixes record date for dividend
Record date is 22 September 2023

Similar Stocks

CompanyMarket CapMarket PriceP/E Ratio
Schaeffler India Ltd₹ 73738.6 Cr
₹ 4,717.65
(1.01 %)
80.26
SKF India Ltd₹ 33596.56 Cr
₹ 6,795.70
(0.78 %)
60.85
Timken India Ltd₹ 33336.94 Cr
₹ 4,432.00
(-2.86 %)
85.07
Menon Bearings Ltd₹ 705.15 Cr
₹ 125.83
(-0.25 %)
27.40
SKP Bearing Industries Ltd₹ 396.74 Cr
₹ 239.00
(-0.71 %)
29.58

NRB Bearings Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase NRB Bearings Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. NRB Bearings Ltd's share price is ₹335.15 as of June 21, 2024 at 04:14 PM

NRB Bearings Ltd's P/E ratio is 33.74 times as of June 21, 2024 at 04:14 PM.

NRB Bearings Ltd's most recent financial reports indicate a price-to-book ratio of 3.77, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. NRB Bearings Ltd's market is 3,244 Cr as on June 21, 2024 at 04:14 PM.

The current financial records of NRB Bearings Ltd show a 14.08% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to NRB Bearings Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

The 52-week high/low price of a NRB Bearings Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. NRB Bearings Ltd's 52-week high and low as of June 21, 2024 at 04:14 PM are ₹401.55 and ₹177.15 respectively.

As of the Mar 2024 quarter, the promoter shareholding in NRB Bearings Ltd stands at 50.69%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 14.31% to 14.33%.