Key Financial Performance Figures

Consolidated FY26 Performance:

  • Revenue from Operations: ₹1,335 crore (11% growth year-over-year)
  • Profit After Tax: ₹146 crore (77% growth year-over-year)
  • EBITDA: ₹267 crore (19% growth year-over-year)
  • Return on Equity (ROE): 15% (6% improvement)
  • Return on Capital Employed (ROCE): 20% (7% improvement)
  • Return on Invested Capital (ROIC): 6% improvement

Standalone Performance:

  • Profit After Tax more than doubled over previous year
  • Steady revenue growth achieved

Strategic Business Update and Growth Vectors

The Company outlined a strategic pivot into six high-growth verticals:

1. Aerospace: Acquired established, pre-certified platform to bypass multi-year OEM certification processes. Applying NRB's manufacturing capabilities and software-driven design to scale aggressively.

2. Automotive Adjacencies: Expanding beyond traditional products into higher-value spaces including:

  • Tapered and Ball Bearing Wheel Hubs
  • Spherical Roller Bearings (SRBs)
  • Automotive applications beyond transmission and chassis to steering systems
  • One way clutch bearings and wheel bearings
  • Moving from standalone component supplier to integrated system partner

3. Beyond EV Electrification: Holistic approach covering:

  • High-frequency drives
  • Commercial EV fleets
  • Electric two-wheelers
  • Off-highway e-mobility
  • Industrial electrification with focus on electrical erosion mitigation and ultra-low friction torque

4. Mobility Beyond Vehicles: Expansion into:

  • Robotics
  • Automated guided vehicles (AGVs)
  • Urban air mobility
  • Advanced automated transit systems
  • Micro-precision friction management applications

5. Industrial & Heavy Construction Equipment: Deepening footprint in:

  • Heavy-duty off-highway segments
  • Construction equipment
  • Mining machinery
  • Applications requiring superior sealing, lubrication, and material technologies for extreme loads and harsh environments

6. Mission-Critical Friction Solutions: Deployment in both mobile applications and stationary industrial infrastructure including:

  • Data center cooling architectures
  • Renewable energy drives
  • Precision gearboxes
  • Applications where operational failure carries massive penalties

Operational Capabilities and Competitive Advantages

  • Proprietary Technology: Owns copyrighted computational analysis software and simulation capabilities
  • Integrated Approach: Combines kinematic motion studies, dynamics studies, light weighting, noise reduction, and domain expertise in materials science, sealing, and lubrication technology
  • R&D Backbone: Transforming engineering prowess into growth of new verticals
  • Digital Transformation: Deep operational digitization across design and manufacturing workflows providing real-time visibility
  • Agility: Flat technical decision-making enables custom digital twin simulations and co-design proposals in days rather than months

Human Resources and Organizational Development

  • 34% of employees below age of 33
  • Recognized as "Most Preferred Workplace in the Manufacturing Sector" for fourth consecutive year
  • Women employee team "Wonders of Women" won ACMA QC Stories 2026 competition
  • Partnered with CII to host Women HR Leaders Training Program for Aurangabad region

Market Context and Economic Environment

  • West Asia crisis creating geopolitical uncertainty affecting commodity and fuel prices
  • Ukraine-Russia conflict adversely affecting global supply chains and raising logistics costs
  • India demonstrated exceptional economic resilience as one of world's fastest-growing economies
  • Strong domestic demand, sound macroeconomic fundamentals, sustained investments
  • Indian automobile industry achieved record annual sales across all major vehicle segments
  • Government policy support through Automotive Mission Plan and Production Linked Incentive (PLI) Scheme

Capital Allocation and Financial Discipline

  • Commitment to maintaining prudent capital allocation strategy
  • Expanding into high-margin niches without diluting margin structures
  • Strong balance sheet and robust cash generation
  • Delivering strong returns to shareholders