NRB Industrial Bearings Limited announced its unaudited financial results for the quarter ended December 31, 2025, revealing widening losses despite revenue growth. The industrial bearings manufacturer reported significantly higher losses while maintaining operational revenue expansion during the third quarter of fiscal year 2026.

Financial Performance Overview

The company's financial performance showed mixed results with revenue growth offset by increased losses. Key metrics demonstrate the challenges faced during the quarter:

Nine Months Performance

For the nine months ended December 31, 2025, the company showed improved revenue performance but continued losses:

Exceptional Items and Regulatory Impact

The company recognized exceptional expenses of ₹172.75 lakhs during Q3FY26 related to the implementation of new Labour Codes. The Government of India notified four Labour Codes effective November 21, 2025, requiring companies to assess incremental obligations based on changes in wage definitions. NRB Industrial Bearings recognized these estimated obligations through actuarial valuation in accordance with Ind AS 19.

Corporate Actions and Governance

The Board of Directors approved several significant decisions during their meeting held on February 05, 2026:

• Extension of redemption period for 2% Cumulative, Redeemable, Non-Convertible Preference Shares by three years
• Appointment of Mr. J.J Gandhi as Scrutinizer for the postal ballot process
• Approval of unaudited standalone and consolidated financial results

Preference Shares Extension Details

The company proposed extending the redemption period for its preference shares worth ₹20,00,00,000:

Financial Position and Going Concern

As of December 31, 2025, the company maintained a net current liability position of ₹4,239.57 lakhs and negative net worth of ₹4,482.18 lakhs on standalone basis. The management has formulated strategic plans for improving profitability, including increased sales and reduced operating expenses. The promoter director has provided financial support commitment to meet operational and financial obligations as they arise.

NRB Industrial Bearings Limited (NIBL) has reported a significant change in its promoter shareholding. Aarti Devesh Sahney, a promoter of the company, has increased her stake through an open market transaction.

Key Details of the Transaction

Impact on Promoter Holding

The acquisition has resulted in a modest increase in Aarti Sahney's stake in NRB Industrial Bearings Limited. Her shareholding has risen from 2.45% to 2.67% of the company's total equity share capital.

Regulatory Compliance

This transaction was disclosed in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was made to both the BSE Limited and the National Stock Exchange of India Limited, where NIBL's shares are listed.

Company Overview

NRB Industrial Bearings Limited maintains its registered office in Mumbai. The company's total equity share capital stands at Rs. 4,84,61,300, consisting of 2,42,30,650 equity shares with a face value of Rs. 2 each.

This acquisition by a promoter may be seen as a positive signal, potentially indicating confidence in the company's future prospects. However, investors should conduct their own research and consider various factors before making investment decisions based on this information.