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    NRB Bearing Limited

    India's largest independent maker of cylindrical and needle roller bearings for autos and industrial machinery.

    Automobile and Auto Components
    Consumer Discretionary
    View NRBBEARING earnings calls
    ₹428.25
    +26.76% from avg

    Overview

    Price

    ₹428.25

    Market Cap

    ₹4.1k Cr

    Sector

    Automobile and Auto Components

    Consumer Discretionary

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1919191919191919
    Reserves438498569648841899935943
    Borrowings359253302329178187133154
    Other Liabilities167186183215201201244239
    Total Liabilities9839561.1k1.2k1.2k1.3k1.3k1.4k
    AssetsFixed Assets364359358351337377397421
    CWIP1610112843403743
    Investments1212343644586474
    Other Assets591575671796815832834818
    Total Assets9839561.1k1.2k1.2k1.3k1.3k1.4k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating71102158166111584241
    Cash from Investing-89-65-32-50-44100-60-131
    Cash from Financing369-12922-13-222-29-140
    SummaryCapital Expenditure
    Free Cash Flow-2137122-1421662136
    FCF Margin

    Valuation

    Assumptions

    Current — NRBBEARING
    Price
    ₹428
    EPS (TTM)
    ₹14.72
    PE (TTM)
    29.1
    Profit growth
    15.1%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (27.1×) and current (29.1×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹428
    vs
    Fair value · 15% return
    ₹354
    17%Overvalued

    At 15.1% growth and a 27× exit, ₹428 only delivers your return if you pay ₹354. The price is currently baking in 19% growth.

    EPS grows 15.1%/yr for 5 years, then fades to 6% over 2, exits at 27×.

    YearGrowthEPS (₹)
    FY2715.1%16.94
    FY2815.1%19.50
    FY2915.1%22.45
    FY3015.1%25.84
    FY3115.1%29.74
    FY3210.5% ·fade32.87
    FY336.0% ·fade34.85

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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