NRB Bearings has witnessed significant corporate actions within its promoter group involving both share transfers and pledge restructuring. The latest developments include an inter-se share transfer completed in November and a subsequent pledge release arrangement in December.

Share Transfer Details

On November 21, 2025, Mrs. Harshbeena Sahney Zaveri acquired a substantial stake through an inter-se promoter transfer from Trilochan Singh Sahney Trust-1.

Shareholding Pattern Changes

The share transfer resulted in significant reshuffling within the promoter group:

Pledge Release and Creation

On December 4, 2025, Trilochan Singh Sahney Trust-1 submitted a revised disclosure regarding the release of pledge on its shares. The trust released pledge on 30,05,000 shares (3.10% of total share capital) that were previously pledged to Tata Capital Limited.

Simultaneously, Mrs. Harshbeena Sahney Zaveri created a corresponding pledge on the same number of shares to Tata Capital Limited, maintaining the overall percentage of pledged promoter shares unchanged.

Current Promoter Pledging Status

Following these transactions, the updated pledging positions show:

Strategic Implications

These transactions represent an inter-se promoter arrangement in accordance with the Trust Deed. The restructuring enables the distribution of shares from Trilochan Singh Sahney Trust-1 to its beneficiary while maintaining the same overall percentage of pledged shares within the promoter group.

The company confirmed that no additional pledge was created and the percentage of total shares pledged by the promoters remains unchanged post these transactions. This strategic move appears to be part of succession planning or internal restructuring within the promoter family without affecting the company's operational control or management structure.

NRB Bearings Limited, a leading manufacturer of bearings in India, has reported a robust performance for the first half of fiscal year 2026, with a 21% growth in earnings. The company has also unveiled an ambitious ₹500 crore capital expenditure plan to fuel its expansion into industrial segments and aerospace over the next five years.

Financial Performance

NRB Bearings delivered impressive results in H1 FY26:

• 21% earnings growth in the first half
• PAT margins improved to 12% in Q2
• Secured lifetime-nominated business worth ₹750 crores from global customers

Expansion Plans

The company has outlined a significant expansion strategy:

• ₹500 crore CAPEX plan over five years
• Focus on expanding into industrial segments and aerospace
• Targeting ₹2,500 crore revenue by 2031

New Business Wins

NRB Bearings has secured important contracts with prestigious global automotive manufacturers:

• Lifetime-nominated business from BMW, Mercedes-Benz, and Stellantis
• Orders for advanced hybrid and EV platforms

Industrial and Aerospace Expansion

The company is making strategic moves to diversify its portfolio:

• Entering high-margin, high-entry barrier industrial markets
• Focus on off-highway and construction equipment, robotics, automation, and drones
• Plans to enter the aerospace sector, with a potential acquisition to speed up certification processes

Manufacturing Footprint

NRB Bearings is expanding its manufacturing capabilities:

• New plant in Hyderabad for industrial cylindrical roller bearings
• Upgrades planned for Jalna and Pantnagar plants
• Thailand facility demonstrating success in international operations

Technology and Innovation

The company emphasized its commitment to research and development:

• Continued focus on EV-agnostic products
• Development of new products for both automotive and industrial sectors
• In-house design capabilities for specialized bearings, including for aerospace applications

Market Position

NRB Bearings highlighted its strong market presence:

• Products used in over 90% of vehicles on Indian roads

Future Outlook

The company maintains a positive outlook:

• Targeting 17-18% Return on Equity (ROE)
• Focused on high-margin, customized solutions
• Aiming for risk-mitigated growth across various sectors

NRB Bearings' strong performance and strategic expansion plans demonstrate its commitment to growth and innovation in the bearing industry. The company's focus on diversification into industrial and aerospace sectors, coupled with its strong presence in the automotive market, positions it well for future growth. Investors will be watching closely as NRB Bearings works towards its ambitious revenue target of ₹2,500 crore by 2031.