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NRB Bearing Q3 FY26 PAT Surges 44% to โน38 Cr; Announces Aerospace and Industrial Diversification
NRB Bearing reported a robust Q3 FY26 with revenue growing 18% YoY to โน328 crores and PAT (before exceptional items) jumping 44% to โน38 crores. The company is strategically diversifying into high-margin segments, including a 75% JV with Italy's Unitec for industrial bearings and the acquisition of Mahant Toolroom to enter the aerospace sector. EBITDA margins improved to 19.5%, reflecting a superior product mix and operational efficiency. Management is actively optimizing working capital, having reduced inventory from 130 days to 110 days with a target of 90-100 days.
Key Highlights
Q3 FY26 Revenue increased 18% YoY to โน328 crores; 9M FY26 PAT rose 27% to โน112 crores.
EBITDA margins expanded to 19.5% from approximately 17-18% in the previous year.
Acquired Mahant Toolroom to fast-track entry into Aerospace with an initial โน25 crore order book.
Established a 75% JV with Unitec (Italy) for industrial bearings with assured off-take commitments.
Maintained CRISIL AA- credit rating, reflecting strong financial discipline and low leverage.
๐ผ Action for Investors
Investors should monitor the execution of the new Aerospace and Industrial segments as they represent high-margin, long-cycle growth engines beyond traditional automotive. The company's focus on inventory reduction and margin expansion makes it a strong candidate for long-term portfolios.
NRB Bearing Declares Second Interim Dividend of Rs 3.20 Per Share for FY 2025-26
NRB Bearing Limited has announced a second interim dividend of Rs 3.20 per equity share (160% of face value) for the financial year 2025-26. The record date to determine eligible shareholders is February 13, 2026. The company has issued detailed guidelines regarding Tax Deducted at Source (TDS), which will be applied at 10% for residents with a valid PAN and 20% for those without. Shareholders must submit relevant tax exemption documents by February 13, 2026, to ensure correct tax treatment.
Key Highlights
Second interim dividend of Rs 3.20 per share (160% of face value Rs 2.00) declared for FY 2025-26.
Record date for determining dividend eligibility is fixed as February 13, 2026.
TDS of 10% applicable for resident shareholders with valid PAN; 20% for those without or with invalid PAN.
No TDS for resident individual shareholders if the total dividend for FY 2025-26 does not exceed Rs 10,000.
Deadline for submitting tax-related declarations (Form 15G/15H/TRC) is February 13, 2026, by 5:00 PM.
๐ผ Action for Investors
Investors should ensure their PAN and bank mandates are updated with their Depository Participant or RTA. Eligible shareholders should submit Form 15G/15H or other tax-saving declarations before the February 13 deadline to avoid higher TDS.
NRB Bearings Q3 PAT Jumps 44% to โน38 Cr; Announces โน3.20 Dividend & Aerospace Entry
NRB Bearings reported a strong Q3 FY26 with consolidated revenue growing 18% YoY to โน328 crore and PAT (before exceptional items) rising 44% to โน38 crore. The company announced an interim dividend of โน3.20 per share and a strategic entry into the aerospace segment via the acquisition of Mahant Tool Room. Additionally, a JV with Unitec Group for industrial bearings and a 17-25% capacity expansion plan were unveiled to support a long-term organic revenue target of โน2,500 crore over five years.
Key Highlights
Consolidated Revenue grew 18% YoY to โน328 crore; EBITDA margins expanded 140 bps to 19.3%
PAT (before exceptional items) increased 44% YoY to โน38 crore; Interim dividend of โน3.20 per share declared
Strategic entry into aerospace through the acquisition of Mahant Tool Room and a JV with Unitec Group for industrial bearings
Planned capacity expansion of 17-25% across all plants to support a โน2,500 crore 5-year revenue target
Appointment of Vineet Goel as the new CFO effective February 11, 2026
๐ผ Action for Investors
Investors should view the strong margin expansion and strategic diversification into high-margin aerospace and industrial segments as positive long-term catalysts. The aggressive capacity expansion and ambitious revenue guidance suggest high management confidence in future demand.
NRB Bearing Q3 PAT Rises 31.6% to โน23.97 Cr; Declares โน3.20 Interim Dividend
NRB Bearing reported a strong performance for Q3 FY26, with standalone revenue growing 15.3% YoY to โน296.32 crore. Net profit increased significantly by 31.6% YoY to โน23.97 crore, even after accounting for exceptional items related to statutory labor codes and tax reversals. The board declared a second interim dividend of โน3.20 per share (160%) and announced major leadership transitions, including a new Chairman and CFO. Furthermore, the company is expanding through capacity enhancement and the formation of a new Joint Venture.
Key Highlights
Standalone Revenue from operations increased 15.3% YoY to โน296.32 crore in Q3 FY26.
Net Profit (PAT) rose 31.6% YoY to โน23.97 crore compared to โน18.21 crore in the previous year.
Declared a second interim dividend of โน3.20 per equity share with a Record Date of February 13, 2026.
Appointed Vineet Goel as CFO and Tashwinder Singh as the new Chairman effective March 30, 2026.
Approved capital expenditure for capacity enhancement and the incorporation of a new Joint Venture company.
๐ผ Action for Investors
Investors should take note of the robust earnings growth and healthy dividend yield. The management transition and expansion plans via a new JV suggest a focus on long-term growth, making the stock a 'Watch' for further updates on the JV's scope.
NRB Bearing Q3 PAT Rises 31.6% to โน23.97 Cr; Declares โน3.20 Interim Dividend
NRB Bearing reported a strong performance for Q3 FY26, with standalone revenue increasing 15.3% YoY to โน296.32 crore. Net profit grew significantly by 31.6% YoY to โน23.97 crore, even after accounting for an exceptional loss of โน7.03 crore. The company rewarded shareholders with a second interim dividend of โน3.20 per share (160%). Major leadership transitions were also announced, including a new CFO and a Chairman-elect, alongside plans for capacity expansion and a new joint venture.
Key Highlights
Standalone Revenue from operations grew 15.3% YoY to โน29,632 lakhs for the quarter ended Dec 31, 2025.
Net Profit (PAT) increased 31.6% YoY to โน2,397 lakhs compared to โน1,821 lakhs in the previous year's quarter.
Declared a second interim dividend of โน3.20 per equity share (160%) with a record date of Feb 13, 2026.
Appointed Vineet Goel as CFO effective Feb 11, 2026, and Tashwinder Singh as Chairman effective March 30, 2026.
Board approved capital investment for capacity enhancement and the incorporation of a new Joint Venture company.
๐ผ Action for Investors
Investors should view the strong earnings growth and high dividend payout positively. The planned capacity expansion and new joint venture indicate a clear growth trajectory, though the management transition should be monitored for continuity.
NRB Bearing Q3 PAT Rises 31.6% to โน23.97 Cr; Declares โน3.20 Dividend & Names New Chairman
NRB Bearing reported a robust performance for Q3 FY26, with revenue from operations increasing 15.3% YoY to โน29,632 lakhs. Net profit grew significantly by 31.6% YoY to โน2,397 lakhs, supported by operational efficiencies despite a โน703 lakh exceptional loss related to labor codes and GST reversals. The company rewarded shareholders with a second interim dividend of โน3.20 per share (160%). Additionally, the board approved significant management changes, capacity expansion plans, and the formation of a new joint venture.
Key Highlights
Revenue from operations grew 15.3% YoY to โน29,632 lakhs in Q3 FY26 compared to โน25,708 lakhs in Q3 FY25.
Net Profit (PAT) increased to โน2,397 lakhs, up 31.6% from โน1,821 lakhs in the corresponding quarter of the previous year.
Declared a second interim dividend of โน3.20 per equity share (160% of face value) with a record date of February 13, 2026.
Tashwinder Singh appointed as Chairman effective March 30, 2026, following the retirement of Ashank Desai.
Board approved capital investment for capacity enhancement and the incorporation of a new Joint Venture company.
๐ผ Action for Investors
Investors should view the strong bottom-line growth and consistent dividend payouts as positive indicators of financial health. Monitor the details of the new joint venture and capacity expansion as they represent key long-term growth catalysts.
NRB Bearing Q3 PAT Rises 31.6% YoY to โน23.97 Cr; Declares โน3.20 Dividend & New Chairman
NRB Bearing reported a strong Q3 FY26 performance with revenue growing 15.3% YoY to โน296.32 crore and PAT increasing 31.6% to โน23.97 crore. The board declared a second interim dividend of โน3.20 per share (160% of face value) with a record date of February 13, 2026. Significant leadership changes were announced, including the appointment of Tashwinder Singh as the new Chairman effective March 30, 2026, and Vineet Goel as the new CFO. Additionally, the company is pursuing growth through capital investments for capacity expansion and the formation of a new Joint Venture.
Key Highlights
Revenue from operations grew 15.3% YoY to โน296.32 crore for the quarter ended December 31, 2025
Net Profit (PAT) increased by 31.6% YoY to โน23.97 crore, despite an exceptional loss of โน7.03 crore
Declared a second interim dividend of โน3.20 per equity share (160% on face value of โน2)
Management transition: Tashwinder Singh to succeed Ashank Desai as Chairman on March 30, 2026
Board approved capital investment for capacity enhancement and incorporation of a new Joint Venture
๐ผ Action for Investors
Investors should view the strong bottom-line growth and consistent dividend payout positively. Monitor the execution of the new capacity expansion and the strategic direction under the incoming Chairman.
NRB Bearing Q3 PAT Jumps 31.6% to โน23.97 Cr; Declares โน3.20 Interim Dividend
NRB Bearing reported a strong financial performance for the quarter ended December 31, 2025, with standalone revenue rising 15.3% YoY to โน29,632 lakhs. Net profit increased significantly by 31.6% YoY to โน2,397 lakhs, even after accounting for a net exceptional loss of โน703 lakhs related to statutory impacts and insurance claims. The company rewarded shareholders with a second interim dividend of โน3.20 per share (160%). Major leadership changes were also announced, including a new Chairman and CFO, alongside plans for capacity expansion and a new joint venture.
Key Highlights
Standalone Revenue from operations grew 15.3% YoY to โน29,632 lakhs for Q3 FY26.
Net Profit (PAT) increased 31.6% YoY to โน2,397 lakhs, with EPS rising to โน2.47 from โน1.88.
Declared a second interim dividend of โน3.20 per equity share (160%) with a record date of February 13, 2026.
Appointed Mr. Vineet Goel as CFO and Mr. Tashwinder Singh as the incoming Chairman effective March 30, 2026.
Board approved capital investment for capacity enhancement and the incorporation of a new Joint Venture Company.
๐ผ Action for Investors
The strong earnings growth and healthy dividend payout reflect robust operational momentum. Investors should maintain a positive outlook while monitoring the transition to new leadership and the progress of the proposed capacity expansion.
NRB Bearing Q3 PAT Rises 31.6% to โน23.97 Cr; Declares โน3.20 Interim Dividend
NRB Bearing reported a strong performance for Q3 FY26, with standalone revenue growing 15.3% YoY to โน296.32 crore. Net profit increased by 31.6% YoY to โน23.97 crore, despite a net exceptional loss of โน7.03 crore primarily due to the statutory impact of new labour codes. The company declared a second interim dividend of โน3.20 per share (160% of face value) with a record date of February 13, 2026. Significant management changes were announced, including a new Chairman and CFO, alongside plans for capacity expansion and a new joint venture.
Key Highlights
Standalone Revenue from operations grew 15.3% YoY to โน296.32 crore in Q3 FY26.
Net Profit (PAT) increased 31.6% YoY to โน23.97 crore, up from โน18.21 crore in the previous year's quarter.
Declared a 2nd interim dividend of โน3.20 per equity share (160%) for FY 2025-26 with a record date of Feb 13, 2026.
Board approved capital investment for capacity enhancement and the incorporation of a new Joint Venture Company.
Management transition: Tashwinder Singh appointed as Chairman (eff. March 30, 2026) and Vineet Goel as CFO (eff. Feb 11, 2026).
๐ผ Action for Investors
Investors should view the strong revenue growth and healthy dividend payout positively. Monitor the execution of the new capacity expansion and JV developments as they represent future growth drivers.
NRB Bearing Declares โน3.20 Interim Dividend; Q3 PAT Grows 31.6% YoY to โน2,397 Lakhs
NRB Bearing has declared a second interim dividend of โน3.20 per equity share (160%) for FY26, with a record date of February 13, 2026. The company reported a standalone revenue of โน29,632 lakhs for Q3 FY26, a 15.2% increase year-on-year. Net profit for the quarter stood at โน2,397 lakhs, up 31.6% from โน1,821 lakhs in the previous year. Additionally, the board approved significant management changes, capital investments for capacity enhancement, and the incorporation of a new Joint Venture.
Key Highlights
Declared 2nd interim dividend of โน3.20 per share (160% of FV โน2) with record date Feb 13, 2026.
Standalone Revenue from operations grew 15.2% YoY to โน29,632 lakhs in Q3 FY26.
Standalone Profit After Tax (PAT) increased 31.6% YoY to โน2,397 lakhs.
Appointed Mr. Tashwinder Singh as Chairman (eff. March 30, 2026) and Mr. Vineet Goel as CFO (eff. Feb 11, 2026).
Approved capital investment for capacity enhancement and incorporation of a new Joint Venture company.
๐ผ Action for Investors
Investors should benefit from the immediate dividend payout and monitor the execution of the newly announced capacity expansion and joint venture for long-term growth.
NRB Bearing Declares โน3.20 Interim Dividend; Q3 PAT Rises 31.6% YoY to โน23.97 Crore
NRB Bearing has declared a second interim dividend of โน3.20 per share (160%) for FY26, with the record date set for February 13, 2026. The company reported a strong Q3 FY26 performance with standalone revenue growing 15.3% YoY to โน296.32 crore. Net profit for the quarter rose 31.6% YoY to โน23.97 crore, even after accounting for a net exceptional loss of โน7.03 crore related to insurance claims and statutory impacts. Alongside results, the board approved capacity expansion plans, a new joint venture, and appointed a new Chairman and CFO.
Key Highlights
Declared 2nd interim dividend of โน3.20 per equity share (160% of face value โน2)
Standalone Revenue from operations increased 15.3% YoY to โน296.32 crore in Q3 FY26
Net Profit (PAT) grew 31.6% YoY to โน23.97 crore compared to โน18.21 crore in the previous year
Board approved capital investment for capacity enhancement and the incorporation of a new Joint Venture
Management transition announced with Vineet Goel as new CFO and Tashwinder Singh as incoming Chairman
๐ผ Action for Investors
The healthy dividend payout and double-digit profit growth signal strong operational health. Investors should monitor the upcoming capacity expansion and leadership transition for long-term growth sustainability.
NRB Bearing Q3 PAT Rises 31.6% YoY to โน23.97 Cr; Declares โน3.20 Interim Dividend
NRB Bearing reported a strong performance for Q3 FY26, with revenue growing 15% YoY to โน296.3 crore and PAT increasing 31.6% to โน23.97 crore despite exceptional losses. The company declared a second interim dividend of โน3.20 per share, representing a 160% payout on face value. Significant management changes are underway, including the appointment of a new Chairman and CFO. Additionally, the board approved capital investments for capacity expansion and the formation of a new joint venture.
Key Highlights
Revenue from operations grew 15.3% YoY to โน296.32 crore in Q3 FY26.
Net Profit (PAT) jumped 31.6% YoY to โน23.97 crore, up from โน18.21 crore in the previous year's quarter.
Declared a second interim dividend of โน3.20 per equity share (160%) with a record date of February 13, 2026.
Exceptional loss of โน7.03 crore recorded in Q3 due to statutory impact of new labor codes and GST reversals.
Board approved capacity expansion and the incorporation of a new Joint Venture company.
๐ผ Action for Investors
Investors should view the strong bottom-line growth and healthy dividend payout positively. Monitor the transition of the new leadership team and further details regarding the new joint venture for long-term growth visibility.
NRB Bearings Enters Aerospace Segment with โน27.5 Cr Acquisition of Mahant Tool Room
NRB Bearings has acquired Bengaluru-based Mahant Tool Room (MTR) for an upfront cash consideration of โน27.5 crore through its subsidiary. This acquisition marks NRB's strategic entry into the high-barrier aerospace sector, diversifying its revenue streams beyond the automotive and industrial segments. MTR brings an immediate order book of over โน25 crore and specialized expertise in mission-critical engine and fuel systems. The move is a key step toward NRB's aspirational goal of achieving a โน2,500 crore turnover within the next five years.
Key Highlights
Acquisition of Mahant Tool Room for an upfront cash consideration of โน27.5 crore
Immediate entry into the aerospace sector with an existing order book exceeding โน25 crore
Target company is a recognized supplier with HALโs Best Performance Award for technical excellence
Reduces market entry time by approximately 3 years compared to organic entry in the aerospace industry
Strategic alignment with the company's 5-year goal to reach a โน2,500 crore turnover
๐ผ Action for Investors
Investors should view this as a positive diversification into a high-margin, high-entry-barrier industry. Monitor the company's ability to scale this new segment and its progress toward the โน2,500 crore revenue target.
NRB Bearing Subsidiary to Acquire Mahant Tool Room for INR 27.50 Crore
NRB Bearing's wholly owned subsidiary, Mahant Tool Room Private Limited, has agreed to acquire the business of Mahant Tool Room (MTR) for a fixed cash consideration of INR 27.50 crore. This acquisition marks NRB Bearing's strategic entry into the aerospace industry, specifically in precision machined components for engine and fuel systems. Although MTR's FY25 turnover was relatively small at INR 1.88 crore, the business comes with a substantial confirmed order book of over INR 25 crore. The deal also includes additional milestone-based payments over the next three years, aligning future payouts with performance.
Key Highlights
Acquisition of MTR business for a fixed cash consideration of INR 27.50 crore plus milestone-based payments.
Strategic entry into the aerospace sector for manufacturing precision machined components.
Target entity brings a confirmed order book exceeding INR 25 crore, significantly higher than its FY25 turnover of INR 1.88 crore.
Transaction expected to be completed within 3 months from the agreement date.
MTR has shown consistent turnover growth from INR 1.11 crore in FY23 to INR 1.88 crore in FY25.
๐ผ Action for Investors
Investors should monitor the company's ability to scale the aerospace business given the large order book relative to current revenue. This diversification into high-precision engineering is a long-term positive for the company's margin profile.
NRB Bearing CFO Raman Malhotra Resigns; Dhara Dhedhi Appointed Interim CFO
NRB Bearing Limited has announced that Mr. Raman Malhotra will step down as Chief Financial Officer (CFO) effective December 13, 2025, citing personal reasons. The company has appointed Ms. Dhara Dhedhi, the current Financial Controller, as the Interim CFO starting December 14, 2025. Ms. Dhedhi is a Chartered Accountant with over 13 years of experience, including previous roles at Tata Chemicals and TCS. The transition appears planned as the resignation was originally tendered in August 2025.
Key Highlights
Resignation of Mr. Raman Malhotra as CFO and KMP effective December 13, 2025
Appointment of Ms. Dhara Dhedhi as Interim CFO effective December 14, 2025
Ms. Dhara Dhedhi brings over 13 years of experience in financial reporting and data analytics
The outgoing CFO's resignation was submitted on August 29, 2025, allowing for a transition period
๐ผ Action for Investors
Investors should monitor for the announcement of a permanent CFO appointment to ensure long-term stability in financial leadership. The internal interim appointment suggests a smooth short-term transition.
NRB Bearing enters JV with Unitec for Cylindrical Roller Bearings
NRB Bearing Limited has entered into a Joint Venture Agreement with Unitec of the Mondial Group, an Italian company, to manufacture Cylindrical Roller Bearings (CRBs) for the industrial business segment. NRB will hold a minimum of 75% of the share capital of the JV company, while Unitec will hold up to 25%. Unitec Group will provide technical and operational support and has committed to a buyback of 20% of the JV companyโs production. The JV will be located in Uppal, Hyderabad.
Key Highlights
NRB's holding shall be minimum 75% of the share capital of the JV company.
Unitecโs holding shall be upto 25% of the share capital of the JV Company.
Unitec Group committed to a buyback of 20% of JV companyโs production.
Mondial Group has annual revenues exceeding โฌ60 million.
๐ผ Action for Investors
This joint venture could enhance NRB Bearing's product portfolio and market reach in the industrial segment; investors should monitor the JV's progress and its impact on NRB's financials.