NRB Bearings
Ticker >

NRB Bearings share price

NRB Bearings Ltd.

NSE: NRBBEARING BSE: 530367 SECTOR: Bearings  60k   218   27

322.65
+6.35 (2.01%)
BSE: Today, 02:55 PM

Price Summary

Today's High

₹ 328.65

Today's Low

₹ 304.9

52 Week High

₹ 400.75

52 Week Low

₹ 130

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 3127.21 Cr.

Enterprise Value

₹ 3374.99 Cr.

No. of Shares

9.69 Cr.

P/E

12.61

P/B

3.79

Face Value

₹ 2

Div. Yield

1.58 %

Book Value (TTM)

₹  85.06

CASH

₹ 49.24 Cr.

DEBT

₹ 297.02 Cr.

Promoter Holding

50.69 %

EPS (TTM)

₹  25.59

Sales Growth

12.13%

ROE

14.08 %

ROCE

14.92%

Profit Growth

22.33 %

Add Your Ratio

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year12.13%
3 Year10.81%
5 Year4.26%

Profit Growth

1 Year22.33%
3 Year42.82%
5 Year0.93%

ROE%

1 Year14.08%
3 Year12.01%
5 Year13.04%

ROCE %

1 Year14.92%
3 Year12.77%
5 Year14.04%

Debt/Equity

0.4628

Price to Cash Flow

85.35

Interest Cover Ratio

6.85390946502058

CFO/PAT (5 Yr. Avg.)

0.988502241605417

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 50.69 0
Dec 2023 50.67 0.61
Sep 2023 50.63 0.61
Jun 2023 50.24 0.62
Mar 2023 50.11 0.62
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 42.8238260085106% for the Past 3 years.
  • Company’s PEG ratio is 0.564734367403519.
  • The company has a high promoter holding of 50.69%.

 Limitations

  • The company has shown a poor revenue growth of 10.8087364727199% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 249.01 277.74 247.4 261.73 247.95
Total Expenditure 217.59 223.79 212.03 223.31 221.03
Operating Profit 31.42 53.95 35.37 38.42 26.92
Other Income 11.76 3.62 4.78 7.23 9.9
Interest 4.8 7.15 6.05 5.91 5.49
Depreciation 9.31 9.15 9.12 9.26 9.51
Exceptional Items 0 -7.6 17.59 0 182.28
Profit Before Tax 29.07 33.67 42.57 30.48 204.1
Tax 8.34 6.41 6.9 7.3 42.19
Profit After Tax 20.73 27.26 35.67 23.18 161.91
Adjusted EPS (Rs) 2.14 2.81 3.68 2.39 16.71

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 940.38 751.96 735.89 912.44 1023.1
Total Expenditure 774.59 679.06 648.25 782.72 868.87
Operating Profit 165.79 72.9 87.64 129.72 154.23
Other Income 6.8 19.15 12 16.45 25.51
Interest 14.59 20.93 20.86 16.6 19.44
Depreciation 31.86 29.49 26.67 32.62 35.97
Exceptional Items 16.54 0 0 -3.93 -10.53
Profit Before Tax 142.68 41.63 52.11 93.02 113.8
Tax 43.91 12.18 8.38 22.88 28
Net Profit 98.77 29.45 43.73 70.14 85.8
Adjusted EPS (Rs.) 10.19 3.04 4.51 7.24 8.85

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 19.38 19.38 19.38 19.38 19.38
Total Reserves 454.62 439.59 490.16 557.75 622.42
Borrowings 82.9 73.24 89.41 60.45 65.59
Other N/C liabilities 265.25 277.99 277.41 284.7 279.25
Current liabilities 344.03 394.12 299.59 369.74 417.37
Total Liabilities 1166.18 1204.32 1175.95 1292.02 1404.01
Assets
Net Block 285.07 320.99 313.26 310.22 297.87
Capital WIP 12.52 11.32 3.97 2.36 2.96
Intangible WIP 0 0.1 2.3 3.86 0
Investments 31.33 29.12 31.32 56.76 33.17
Loans & Advances 298.18 307.23 306.05 304.95 304.72
Other N/C Assets 0.2 0.34 3.27 4.33 28.71
Current Assets 538.88 535.22 515.78 609.54 736.58
Total Assets 1166.18 1204.32 1175.95 1292.02 1404.01
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 142.68 41.63 52.11 93.02 113.8
Adjustment 23.41 49.33 70.23 36.79 52.89
Changes in Assets & Liabilities -69.94 3.35 36.37 -99.37 -98.27
Tax Paid -48.85 -9.89 -11.09 -22.3 -31.78
Operating Cash Flow 47.3 84.42 147.62 8.14 36.64
Investing Cash Flow -65.25 -46.12 -24.07 -43.4 -35.02
Financing Cash Flow 27.69 5.68 -124.43 21.25 -12.76
Net Cash Flow 9.74 43.98 -0.88 -14.01 -11.14

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 50.11 50.24 50.63 50.67 50.69
aarti devesh sahney 0.42 0.42 0.42 0.42 0.42
anupa rajiv sahney 0.80 0.80 0.80 0.80 0.80
aziz yousuf zaveri 1.13 1.26 1.50 1.50 1.50
bhupinder singh sahney 0.03 0.03 0.03 0.03 0.03
devesh singh sahney 0.88 0.88 0.88 0.88 0.88
harshbeena s zaveri 11.62 11.64 11.78 11.81 11.83
jasjiv singh devinder sin... 0.31 0.31 0.31 0.31 0.31
mallika sahney 0.01 0.01 0.01 0.01 0.01
sahir zaveri . 0.02 0.02 0.02 0.02 0.02
trilochan santsingh sahne... 34.88 34.88 34.88 34.88 34.88
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 49.89 49.76 49.37 49.33 49.31
hdfc small cap fund 9.25 9.25 9.25 9.16 9.03
investor education and pr... 0.09 0.10 0.10 - 0.10
llp 0.07 0.06 0.09 0.09 0.07
mirae asset multicap fund... - - 9.68 9.97 9.22
nalanda india equity fund... 9.99 9.99 9.99 9.99 9.99
investor education and pr... - - - 0.10 -
acacia conservation fund ... 2.13 2.13 - - -
acacia institutional part... 1.98 1.98 - - -
acacia partners, lp 2.13 2.13 - - -
sbi magnum midcap fund 1.11 1.11 - - -
franklin build india fund... 1.13 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ3FY22 19 Feb 2022

Company News

Nrb Bearings informs about disclosure22 Mar 2024, 3:27PM NRB Bearings - Quaterly Results13 Feb 2024, 1:07PM NRB Bearings - Quaterly Results13 Feb 2024, 1:07PM NRB Bearings - Quaterly Results13 Feb 2024, 1:07PM NRB Bearings informs about disclosures 3 Jan 2024, 2:47PM NRB Bearings - Quaterly Results13 Nov 2023, 8:25PM NRB Bearings - Quaterly Results13 Nov 2023, 8:25PM NRB Bearings informs about disclosure 7 Sep 2023, 10:35AM NRB Bearings - Quaterly Results11 Aug 2023, 8:41PM NRB Bearings - Quaterly Results11 Aug 2023, 8:41PM NRB Bearings - Quaterly Results30 May 2023, 10:27PM NRB Bearings - Quaterly Results30 May 2023, 10:27PM NRB Bearings to sell land in Thane 24 May 2023, 9:56AM NRB Bearings - Quaterly Results11 Feb 2023, 7:49PM NRB Bearings - Quaterly Results11 Feb 2023, 7:49PM NRB Bearings informs about disclosure of related party transactions23 Nov 2022, 5:03PM NRB Bearings - Quaterly Results8 Nov 2022, 8:42PM NRB Bearings - Quaterly Results8 Nov 2022, 8:42PM NRB Bearings informs about disclosure21 Oct 2022, 1:02PM NRB Bearings - Quaterly Results6 Aug 2022, 7:35PM NRB Bearings - Quaterly Results6 Aug 2022, 7:35PM NRB Bearings informs about certificate6 Jul 2022, 10:11AM NRB Bearings - Quaterly Results30 May 2022, 8:14PM NRB Bearings - Quaterly Results30 May 2022, 8:14PM NRB Bearings informs about closure of trading window20 May 2022, 4:46PM NRB Bearings informs about compliance certificate7 Apr 2022, 5:03PM NRB Bearings - Quaterly Results14 Feb 2022, 7:42PM NRB Bearings - Quaterly Results14 Feb 2022, 7:42PM NRB Bearings informs about board meeting7 Feb 2022, 4:06PM NRB Bearings informs about certificate10 Jan 2022, 4:34PM NRB Bearings informs about closure of trading window17 Dec 2021, 4:02PM NRB Bearings informs about board meeting3 Nov 2021, 3:26PM NRB Bearings gets nod to sell stake in subsidiaries25 Oct 2021, 4:19PM NRB Bearings informs about compliance certificate 12 Oct 2021, 3:47PM NRB Bearings informs about newspaper publication3 Sep 2021, 5:04PM NRB Bearings informs about change in directorate3 Jun 2021, 12:53PM

NRB Bearings Stock Price Analysis and Quick Research Report. Is NRB Bearings an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a LOW P/E are undervalued (it depends on other factors too). NRB Bearings has a PE ratio of 12.3644463549503 which is low and comparatively undervalued .

  • Share Price: - The current share price of NRB Bearings is Rs 316.4. One can use valuation calculators of ticker to know if NRB Bearings share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. NRB Bearings has ROA of 6.36491433700664 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. NRB Bearings has a Current ratio of 1.76481299566332 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. NRB Bearings has a ROE of 14.0779207993896 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. NRB Bearings has a D/E ratio of 0.4628 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. NRB Bearings has an Inventory turnover ratio of 3.82582868876503 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - NRB Bearings has reported revenue growth of 12.1279207399939 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of NRB Bearings for the current financial year is 15.0747727494869 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for NRB Bearings is 5.1 and the yield is 1.6109 %.

Last Updated on:
Brief about NRB Bearings

NRB Bearings Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

NRB Bearings Ltd. is a leading manufacturer of bearings in India. The company specializes in providing customized solutions for various industrial applications. With a strong focus on quality and innovation, NRB Bearings has become a trusted name in the industry.

Share Price Analysis - NRB Bearings Ltd.

The share price of NRB Bearings Ltd. is an important factor for investors to consider when analyzing the stock. By studying the historical trends and patterns of the share price, investors can gain insights into the company's performance and market sentiment.

Balance Sheet Analysis - NRB Bearings Ltd.

Analyzing the balance sheet of NRB Bearings Ltd. can provide investors with a comprehensive understanding of the company's financial health. By examining the company's assets, liabilities, and equity, investors can assess its liquidity, solvency, and overall stability.

Utilizing our pre-built screening tools, investors can easily access and analyze the balance sheet of NRB Bearings Ltd. Our tools include features such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis, allowing for fair value calculations and in-depth financial analysis.

Annual Report - NRB Bearings Ltd.

NRB Bearings Ltd. releases an annual report that provides a detailed overview of the company's performance, achievements, and future plans. This report offers valuable insights into the company's financials, strategy, and industry trends.

At our website, investors can access and download the annual reports of NRB Bearings Ltd. This resource is essential for long-term investors who seek to understand the company's performance and make informed investment decisions.

Dividend Analysis - NRB Bearings Ltd.

Dividends are an important aspect of stock analysis, especially for income-seeking investors. NRB Bearings Ltd. has a track record of providing dividends to its shareholders. By analyzing the company's dividend history, investors can evaluate the company's profitability and potential returns.

Quarterly Results - NRB Bearings Ltd.

Studying the quarterly results of NRB Bearings Ltd. is crucial for investors to assess the company's financial performance on a shorter time frame. Our website provides easy access to the quarterly reports, allowing investors to stay updated with the latest financial information.

Utilizing our pre-built screening tools, investors can analyze the quarterly results of NRB Bearings Ltd. Our tools facilitate fair value calculations, enabling investors to make informed decisions based on comprehensive financial analysis.

Stock Price Analysis - NRB Bearings Ltd.

Analyzing the stock price of NRB Bearings Ltd. is vital for investors to evaluate its market performance. By studying the stock price trends and movements, investors can identify patterns and make informed decisions.

Investors can access stock price charts of NRB Bearings Ltd. through our website. These charts provide a visual representation of the stock's performance over time, enabling investors to gain insights into market sentiment and potential investment opportunities.

News and Updates - NRB Bearings Ltd.

Staying updated with the latest news and updates about NRB Bearings Ltd. is essential for investors to make informed decisions. Our website provides a dedicated section where investors can access news articles, press releases, and market updates related to the company.

Concall Transcripts - NRB Bearings Ltd.

Concall transcripts offer investors valuable insights into the discussions and decisions made during the company's conference calls. These transcripts are a valuable resource for understanding the company's strategy, market outlook, and financial performance.

At our website, investors can access and download the concall transcripts of NRB Bearings Ltd. This resource is essential for investors seeking a deeper understanding of the company's operations and future plans.

Investor Presentations - NRB Bearings Ltd.

Investor presentations provide a comprehensive overview of NRB Bearings Ltd.'s business model, financial performance, and growth prospects. These presentations are a valuable resource for investors to gain insights into the company's strategy and investment prospects.

Our website offers access to investor presentations of NRB Bearings Ltd. These presentations can assist investors in conducting in-depth research and analysis before making investment decisions.

Promoters and Shareholders - NRB Bearings Ltd.

The promoters and shareholders of NRB Bearings Ltd. play a significant role in its management and ownership. Understanding the composition of the company's promoter group and major shareholders can provide insights into the company's governance and stability.

By accessing our website, investors can view detailed information about NRB Bearings Ltd.'s promoters and shareholders. This information is essential for investors looking to assess the company's ownership structure and align their investment decisions accordingly.

In conclusion, NRB Bearings Ltd. offers a comprehensive stock analysis page on our website, catering to the needs of long-term stock investors. Our platform provides in-depth information and resources such as company profile, share price analysis, balance sheet analysis, annual reports, dividend analysis, quarterly results, stock price charts, news updates, concall transcripts, investor presentations, and details about promoters and shareholders. By utilizing our pre-built screening tools and premium features, investors can conduct thorough analysis and make well-informed investment decisions.

Read More
X