NRB Bearings Reports Strong Q2 FY26 Performance with 37.9% PAT Growth

NRB Bearings , India's leading manufacturer of cylindrical and needle roller bearings, has announced robust financial results for the second quarter and half-year ended September 30, 2025. The company demonstrated strong operational performance, with significant growth in profitability and improved margins.

Financial Highlights

For the second quarter of FY2026, NRB Bearings reported:

Metric	Q2 FY26	Y-o-Y Growth
Revenue from Operations	₹325.20 crore	7.9%
EBITDA	₹67.90 crore	9.1%
EBITDA Margin	20.9%	30 bps
Profit After Tax	₹41.40 crore	15.2%
PAT Margin	12.7%	80 bps

For the half-year ended September 30, 2025, the company's performance was even more impressive:

Metric	H1 FY26	Y-o-Y Growth
Revenue from Operations	₹635.30 crore	7.5%
EBITDA	₹128.70 crore	17.4%
EBITDA Margin	20.3%	170 bps
Profit After Tax	₹73.30 crore	19.0%
PAT Margin	11.5%	110 bps

Dividend Declaration

The Board of Directors has declared an interim dividend of ₹2.50 per equity share (125% on face value of ₹2 each) for FY2026. This follows the payment of a final dividend of ₹4.30 per share (215%) for the previous financial year, which was approved by shareholders at the Annual General Meeting held on September 11, 2025.

Strategic Initiatives and Future Outlook

Ms. Harshbeena Zaveri, Managing Director of NRB Bearings, commented on the company's performance: "We are pleased to report our Q2FY26 and H1FY26 results, reflecting steady growth and continued strong financial performance for three quarters in a row, despite the delay of the GST implementation that cast a shadow on the last quarter demand."

The company is focusing on several strategic initiatives:

Expanding product range and market penetration
Leveraging R&D capabilities for existing OEMs in Mobility Friction Solutions
Aggressively entering the Industrial friction solutions space
Targeting high-growth and under-penetrated segments in sunrise industries

NRB Bearings has embarked on a ₹200 crore expansion plan, which is the first phase of its roadmap to reach an aspirational vision of ₹2,500+ crore turnover by 2031.

Corporate Actions

The company completed the acquisition of an 8.5% stake in Ampere Private Limited to source solar power as a captive consumer for up to 15 MWp in Maharashtra, enhancing its renewable energy usage.
The Board of Directors has given in-principle approval to acquire a minimum 99% stake in Sahney Bearings Private Limited from one of the company's promoters on an arm's length basis.
The authorized share capital of the company has been increased from ₹2,000 lakhs to ₹4,000 lakhs, comprising 200,000,000 equity shares of ₹2 each.

NRB Bearings continues to focus on diversifying beyond automotive, while retaining its edge in that market. The company is rapidly expanding into industrials, aerospace, and defense industries, supported by selective and strategic acquisitions and joint ventures for faster market entry.

With its strong financial performance, strategic initiatives, and focus on sustainable growth, NRB Bearings appears well-positioned to capitalize on emerging opportunities in the bearing industry and related sectors.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.21%	-1.72%	+7.44%	+4.60%	-0.44%	+236.58%

NRB Bearings , a leading manufacturer of bearings, has reported a robust performance for the second quarter of the fiscal year 2025-26. The company's financial results demonstrate strong growth in both revenue and profitability.

Key Financial Highlights

Metric	Q2 FY2025-26	Q2 FY2024-25	YoY Change
Net Profit	₹406.30 crore	₹352.60 crore	15.2% ↑
Revenue	₹3,252.00 crore	₹3,000.00 crore	8.3% ↑
EBITDA	₹535.60 crore	₹518.30 crore	3.3% ↑
EBITDA Margin	16.47%	17.19%	72 bps ↓

Profit Growth Outpaces Revenue

NRB Bearings has reported a significant 15.2% year-on-year increase in its consolidated net profit for Q2 FY2025-26, reaching ₹406.30 crore compared to ₹352.60 crore in the same quarter last year. This robust bottom-line growth outpaced the company's revenue expansion, indicating improved operational efficiency.

Revenue Performance

The company's revenue saw a healthy 8.3% growth, climbing to ₹3,252.00 crore in Q2 FY2025-26 from ₹3,000.00 crore in the corresponding quarter of the previous fiscal year. This growth suggests strong demand for NRB Bearings' products across its market segments.

EBITDA and Margin

NRB Bearings' EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for the quarter stood at ₹535.60 crore, marking a 3.3% increase from ₹518.30 crore in Q2 FY2024-25. However, the EBITDA margin experienced a slight contraction, decreasing to 16.47% from 17.19% in the previous year. This marginal decline in margin may be attributed to increased input costs or changes in product mix.

Management Actions and Future Outlook

While the financial results demonstrate overall positive performance, investors and analysts will be keen to understand the company's strategies for maintaining growth momentum and improving margins. The management may need to address how they plan to mitigate the impact of rising costs on profitability in the coming quarters.

NRB Bearings' ability to grow its revenue and profit in a challenging economic environment showcases the company's strong market position and operational capabilities. As the company moves forward, stakeholders will be watching closely for any guidance on future performance and strategic initiatives to drive sustainable growth.

The company's board meeting, which concluded at 7:00 p.m. on November 10, 2025, approved these unaudited financial results. NRB Bearings continues to demonstrate its commitment to transparency by promptly disclosing its financial performance to the stock exchanges and making the information available on its website at www.nrbbearings.com .

Investors and market participants will likely analyze these results in the context of broader industry trends and the company's long-term growth prospects in the bearings market.