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NRB Bearings have pioneered in the manufacturing of needle roller bearings in India since 1965. More than 90% of the vehicles running on Indian roads are running on bearings manufactured by NRB.
NRB Bearings reports strong Q1: Consolidated Revenue up 19.2% (370 Cr vs 310 Cr), PAT up 15% (38 Cr vs 33 Cr). Strategic acquisition of Mahant Tool Room secures AS9100D certification, expanding into Aerospace & Defence with new Sukhoi-30 order. Also, new business in EV and industrial segments.
NRB Bearings clarified an AGM resolution for financial flexibility. It allows providing loans/guarantees to subsidiaries & group entities for business needs, explicitly excluding promoters. This enhances internal financing options.
NRB Bearings' subsidiary completed Mahant Tool Room acquisition, expanding into aerospace & defense. MTRPL secured AS9100D certification. This unlocks a ₹1,450-1,650 Cr aerospace market, accelerating NRB's revenue doubling by 2031.
NRB's subsidiary completed the acquisition of Mahant Tool Room, expanding into the $14.5-$16.5 Billion global aerospace and defence sectors. With AS9100D certification, this strategic move accelerates NRB's growth vision to double consolidated revenue by 2031.
NRB Bearings will hold its 61st AGM virtually. The FY26 Annual Report is accessible online. Shareholders should update KYC and dematerialize shares. A special window is open for re-lodging physical share transfer requests for conversion to demat.