NRB Bearings , a leading manufacturer of bearings in India, has announced strong financial results for the first quarter, demonstrating significant growth across key metrics.

Standalone Performance Highlights

NRB Bearings' standalone revenue reached Rs. 279.00 crores in Q1, marking a 10% year-over-year growth. The company's standalone EBITDA surged by an impressive 40.5% to Rs. 49.00 crores, with margins improving to 16.9%. This substantial margin expansion of 350 basis points showcases the company's operational efficiency and cost management capabilities.

The standalone profit after tax (PAT) saw a remarkable increase of 50.4%, reaching Rs. 26.00 crores. Consequently, the earnings per share (EPS) stood at Rs. 2.72, up from Rs. 1.81 in the same quarter last year.

Consolidated Performance

On a consolidated basis, NRB Bearings reported equally impressive results. The revenue grew by 7.2% to Rs. 310.00 crores, while EBITDA rose by 28.4% to Rs. 61.00 crores. The consolidated PAT increased by 28.1% to Rs. 33.00 crores, resulting in an EPS of Rs. 3.31.

Key Growth Drivers

The company attributed its strong performance to several factors:

• Robust domestic market performance
• Expanding presence in mobility segments
• Industrial segment delivering double-digit growth
• Customer-centric approach
• Operational agility
• Material cost optimization

Management Commentary

Harshbeena Zaveri, Managing Director of NRB Bearings, commented on the results, stating, "NRB continues to strengthen its position as a trusted mobility partner in an increasingly challenging global landscape. We outperformed the industry across all segments on a year-on-year basis, which is a testament to our customer-centric approach, operational agility, and deep domain expertise."

Global Presence and Recognition

NRB Bearings serves marquee customers including Mercedes, Volvo, Magna, Borg Warner, ZF, and Meritor across 43 countries. The company's commitment to excellence has been recognized with a recent Star Exporter Award. Additionally, CRISIL has reaffirmed NRB Bearings' AA-Stable credit rating, further validating the company's strong financial position and growth prospects.

Future Outlook

With its diversified team, technological capabilities, and strong relationships with global OEMs and Tier-1 suppliers, NRB Bearings is well-positioned to support the transformation journeys of its clients. The company's expertise across ICE, hybrid, and electric platforms, coupled with its award-winning R&D, provides a solid foundation for future growth in the evolving automotive and industrial sectors.

Upcoming Annual General Meeting

NRB Bearings has announced that its 60th Annual General Meeting (AGM) will be held on Thursday, September 11, at 3:00 P.M. (IST) through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The company has set Thursday, September 04, as the record date for determining shareholder eligibility to vote at the AGM.

Dividend Announcement

The Board of Directors has recommended a dividend of Rs. 4.30 per equity share (215% on a face value of Rs. 2 each) for the financial year ended March 31, subject to shareholder approval at the upcoming AGM.

As NRB Bearings continues to demonstrate strong financial performance and strategic positioning in the global market, investors and industry observers will be keen to see how the company capitalizes on its momentum in the coming quarters.

NRB Bearings Limited, a prominent player in the auto components sector, has announced the appointment of Mr. Tashwinder Singh as an additional Non-Executive Non-Independent Director. The appointment, effective August 09, 2025, is for a three-year term and is subject to shareholder approval.

Board Meeting Details

The decision was made during a board meeting held on August 09, 2025, which commenced at 04:00 p.m. and concluded at 5:30 p.m. The appointment aligns with the company's commitment to strengthening its leadership team with experienced professionals.

About Tashwinder Singh

Mr. Singh brings a wealth of experience to NRB Bearings, with a career spanning 30 years across various sectors. His appointment is expected to add significant value to the company's strategic direction and governance.

Key highlights of Mr. Singh's professional background include:

• Current Role: CEO and MD of Niyogin Fintech Limited, a BSE-listed company
• Previous Experience:
  • Managing Director at KKR (Kohlberg Kravis Roberts)
  • Various senior positions at Citigroup, including Managing Director roles in Citi Private Bank and Commercial Banking Group
• Education: MBA from Faculty of Management Studies (Delhi University) and BE in Electrical Engineering from Delhi College of Engineering

Expertise and Skills

Mr. Singh is recognized for his:

• Strong leadership and team-building abilities
• Expertise in business management and strategic planning
• Extensive experience in banking, general management, and private capital investing
• Proven track record in change management and execution

Previous Board Representations

Mr. Singh has held board positions in several companies, including:

Appointment Details

• Position: Additional Director in the capacity of Non-Executive Non-Independent Director
• Term: Three years, effective August 09, 2025
• Nature: Liable to retire by rotation
• Relationship Disclosure: Mr. Singh is not related to any existing directors or key managerial personnel of NRB Bearings Limited
• Regulatory Compliance: The company has affirmed that Mr. Singh is not debarred from holding directorship positions by any SEBI order or other authority

The appointment of Mr. Tashwinder Singh is seen as a strategic move by NRB Bearings Limited to enhance its board's expertise and contribute to the company's future growth and development in the auto components sector.