NRB Bearings Limited announced its consolidated and standalone unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing robust growth across key financial metrics alongside several strategic corporate developments during its Board meeting held on February 9, 2026.

Consolidated Financial Performance Q3FY26

The company delivered exceptional consolidated performance in Q3FY26, marking the seventh consecutive quarter of growth. Revenue from operations reached ₹328.00 crores compared to ₹279.00 crores in the corresponding quarter of the previous year, representing an 18% year-on-year increase.

For the nine months ended December 31, 2025, consolidated revenue from operations stood at ₹963.00 crores compared to ₹869.00 crores in the corresponding period of the previous year, delivering an 11% growth. The profit after tax before exceptional items for the nine-month period reached ₹112.00 crores against ₹88.00 crores in the previous year.

Standalone Financial Results Q3FY26

On a standalone basis, the company reported revenue from operations of ₹296.32 crores in Q3FY26 compared to ₹257.08 crores in Q3FY25. Profit after tax stood at ₹23.97 crores against ₹18.21 crores in the previous year, registering a growth of 31.60%.

Dividend Declaration and Record Date Confirmation

The Board declared a second interim dividend of ₹3.20 per equity share of face value ₹2.00 each, representing 160% of the face value. The company has officially confirmed February 13, 2026 as the record date for determining dividend entitlement under Regulation 42 of SEBI regulations.

Leadership Changes and Strategic Appointments

Significant leadership transitions were approved during the Board meeting. Mr. Ashank Desai will complete his maximum permissible tenure as Independent Director and Chairman on March 29, 2026, after serving two consecutive terms. Mr. Tashwinder Singh has been appointed as the new Chairman effective March 30, 2026.

The company appointed Mr. Vineet Goel as Chief Financial Officer and Key Managerial Personnel effective February 11, 2026. Mr. Goel brings over 25 years of global experience across manufacturing, service, and technology sectors, with qualifications including CPA (USA), MBA Finance, and extensive international exposure across India and Germany.

Major Capacity Expansion and Strategic Initiatives

The Board approved a significant capacity expansion plan requiring an investment of approximately ₹70.00 crores to address increased demand and enhance production capabilities. The expansion will add 17-25% capacity across various product lines at all plants, driven by strong growth in current platforms and new product development.

The company also approved the incorporation of NRB Unitec Technologies Private Limited, a joint venture with Italy-based Unitec Group for manufacturing Cylindrical Roller Bearings. Additionally, the wholly owned subsidiary Mahant Tool Room Private Limited entered into a Business Transfer Agreement to acquire aerospace industry manufacturing capabilities for ₹27.50 crores, marking NRB's formal entry into the aerospace segment.

NRB Bearings Limited has announced a significant strategic acquisition through its wholly owned subsidiary, marking the company's entry into the aerospace manufacturing sector. Mahant Tool Room Private Limited (MTRPL), the subsidiary, has agreed to acquire the business of Mahant Tool Room (MTR) for a total consideration of ₹27.50 crore.

Transaction Overview

The acquisition was formalized through a Business Transfer Agreement signed on January 27, 2026, involving MTRPL, MTR, and the proprietors Mrs. Roopa M. Maramannavar and Mr. Mallappa Maramannavar. The transaction represents a cash-based acquisition of the entire business operations of MTR, except for certain excluded assets as specified in the agreement.

Target Business Profile

Mahant Tool Room operates as a sole proprietorship firm specializing in precision machined components for engine and fuel systems in the aerospace industry. The business demonstrates steady financial performance with consistent revenue generation over recent years.

Financial Performance

The acquired business brings substantial future revenue potential with a confirmed order book exceeding ₹25 crore, providing strong visibility for future operations.

Strategic Implications

This acquisition represents NRB Bearings' strategic diversification into the aerospace sector, expanding beyond its traditional bearing manufacturing business. The transaction enables the company to enter the high-precision aerospace components market through its subsidiary MTRPL.

Key strategic benefits include:

• Entry into aerospace precision manufacturing
• Access to established customer relationships
• Confirmed order book providing revenue visibility
• Expansion of manufacturing capabilities in specialized components

Transaction Structure

The deal structure involves a fixed cash consideration of ₹27.50 crore, with additional milestone-based payments potentially payable over three years post-closing. The acquisition does not constitute a related party transaction, as confirmed by the company's disclosure that promoters and promoter groups have no material interest in the target entity.

The transaction is subject to completion of certain conditions precedent and is expected to close within three months from the agreement date, with provision for extension by mutual consent. No governmental or regulatory approvals are required for completing this acquisition.