NRB BEARINGS LTD.

NRB Bearings Ltd announced that Harshbeena Sahney Zaveri, a promoter, has released 12,00,000 equity shares from pledge. This action was taken due to pre-payment of a loan. The shares were unpledged by Tata Capital Limited. Following this release, Harshbeena Sahney Zaveri's promoter holding in NRB Bearings Limited remains at 41.47%, with 5.47% of total share capital now encumbered.

Harshbeena Sahney Zaveri, a promoter of NRB Bearings Limited, has released 12,00,000 pledged equity shares. This action represents a 1.24% stake in the company. Prior to the release, her total holding was 41.47% (3,36,90,631 shares + 65,00,254 pledged shares). After the release, her direct shareholding increased to 36% (3,48,90,631 shares), while her pledged shares reduced to 5.47% (53,00,254 shares). The total diluted share capital remains unchanged at 96,922,600 equity shares of Rs. 2/- each. This disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

NRB Bearings Ltd announced that its Board of Directors, in a meeting held on August 7, 2026, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved the issuance of corporate guarantees amounting to ₹50 Crores for term loan facilities to be availed by its joint venture subsidiary, NRB Unitec Friction Solutions Private Limited, from HSBC Bank. The financial results and the limited review report from statutory auditors Walker Chandiok & Co LLP were also approved. The company's website will host this information.

NRB Bearings' consolidated PAT for Q1 FY27 (quarter ended 30 June 2026) came in at ₹37.76 Cr, up 15.1% YoY from ₹32.81 Cr but down 10.3% QoQ from ₹42.09 Cr. Reported growth is flattered by a ₹2.65 Cr exceptional gain (insurance claim on the 2023 Waluj fire, sanctioned this quarter); stripping that out on an effective ~26.6% tax rate, adjusted PAT growth is a more modest ~9.2% YoY. Consolidated revenue rose a stronger 19.2% YoY to ₹369.53 Cr, though it was flat sequentially (-0.7% vs ₹371.98 Cr in Q4 FY26). Standalone PAT was ₹34.77 Cr on revenue of ₹319.89 Cr, with the roughly ₹50 Cr consolidated-standalone revenue gap coming from SNL Bearings, NRB Holdings UAE and the overseas step-down units. The margin picture is mixed. Operating margin (EBITDA/revenue) expanded 65bps YoY to 17.23% on volume-led operating leverage, though it eased from 18.01% in Q4 FY26 and sits below management's own 18-21% guided band. Net margin, by contrast, compressed to 10.07% from 10.27% a year ago and 11.11% last quarter — other income fell 41.9% YoY to ₹5.47 Cr (from ₹9.41 Cr) and depreciation rose 41% YoY to ₹18.35 Cr as the capex cycle ramps, partly cushioned by a 30% YoY drop in finance costs. Management issued no press release alongside this filing, so there is nothing fresh to grade beyond the last concall's guidance: sustaining EBITDA margins of 18-21% and 10-14% international-business growth for FY27, backed by a ₹120 Cr capacity capex plan. On margins the quarter sits just below the guided floor; the international-growth leg cannot be checked since NRB discloses a single 'Bearing' segment with no geography split. No verifiable street/consensus estimate for this quarter turned up in search, so vsStreet is unknown. The quarter's other developments — a ₹50 Cr corporate guarantee to HSBC for term loans at the new NRB Unitec (Mondial Group JV), and completion of the Mahant Tool Room acquisition (aerospace push) on 10 July 2026 with a further ₹30.5 Cr equity infusion — are balance-sheet/strategic moves rather than P&L drivers this quarter, but add to the capacity and diversification NRB will need to fund toward its own ₹2,500 Cr five-year revenue goal.

NRB Bearings Ltd has announced that its Board of Directors will convene on August 7, 2026. The primary agenda item for this meeting is to consider and approve the company's unaudited financial results for both standalone and consolidated operations for the quarter ended June 30, 2026. Additionally, the trading window for dealing in the company's securities will remain closed until August 9, 2026, reopening on August 10, 2026, in compliance with SEBI regulations.

NRB Bearings Ltd has submitted the Chairman's speech and a revised Managing Director's speech for its 61st Annual General Meeting (AGM) scheduled for July 29, 2026. The Chairman's speech highlights the company's strong performance amidst global economic uncertainties, driven by India's economic resilience and the robust Indian automobile industry. The company achieved consolidated revenue exceeding ₹1,300 crore and a remarkable 77% increase in Consolidated Profit After Tax. On a standalone basis, Profit After Tax more than doubled. The company attributes its success to operational excellence, customer-centricity, technological focus, and strategic investments. The outlook remains positive, with government support and industry trends like electric mobility and automation expected to drive future growth. The revised MD speech was necessitated by a minor typographical error in the previously filed version.

NRB Bearings Ltd voluntarily submitted the Managing Director's speech for its 61st Annual General Meeting. The speech highlights a strong FY26 performance with Profit After Tax rising 77% to ₹146 crore and Revenue from Operations growing 11% to ₹1,335 crore. Key financial metrics like ROE and ROCE also saw significant improvements. The company detailed a strategic pivot focused on advanced manufacturing, proprietary software, and integrated engineering solutions to drive growth in new verticals such as Aerospace, Automotive Adjacencies, and 'Beyond EV' Electrification. This strategic shift aims to leverage existing strengths for high-margin opportunities in emerging and traditional markets.

NRB Bearings Ltd has issued a clarification regarding Agenda Item No. 4 of its 61st Annual General Meeting (AGM) notice, scheduled for July 29, 2026. The item pertains to seeking approval for providing loans, guarantees, or security under Section 185 of the Companies Act, 2013. The company states this is an enabling resolution to provide flexibility for legitimate business purposes in favour of subsidiaries, associates, joint ventures, and group entities where it holds a controlling interest. It explicitly clarifies that the approval is not intended for any promoter or promoter group entity. All transactions will comply with applicable laws, including the Companies Act, 2013, and SEBI regulations.

NRB Bearings Limited (NRB) announced the successful closing of its strategic acquisition of Mahant Tool Room (MTR) through its wholly owned subsidiary, Mahant Tool Room Private Limited (MTRPL). This acquisition marks NRB's expansion into the high-precision global aerospace and defence sectors. Concurrently, MTRPL secured the AS9100D Certification for Precision Machined Components and Bearings for Aerospace & Defence. The acquisition positions NRB to capture a share of the estimated $14.5B-$16.5B global aerospace market and accelerates its 2031 revenue growth vision. NRB will leverage its R&D and existing relationships to enter these new segments.

NRB Bearings Limited announced that its wholly owned subsidiary, Mahant Tool Room Private Limited (MTRPL), has completed the acquisition of the business of Mahant Tool Room (MTR). This strategic move expands NRB's capabilities into the high-precision global aerospace and defence sectors, targeting a market estimated between $14.5 billion to $16.5 billion. The acquisition accelerates NRB's growth vision, aiming to double consolidated revenue by 2031. MTRPL has also secured the AS9100D Certification, the gold standard for aviation manufacturing excellence, further solidifying its position in the aerospace and defence industries.