Date: July 28, 2026

Financial Results (Consolidated)

FY26 Performance Highlights:

  • Revenue from Operations: ₹1,335 crore (11% growth year-over-year)
  • EBITDA: ₹267 crore (19% increase year-over-year)
  • Profit After Tax: ₹146 crore (77% increase year-over-year)

Capital Efficiency Metrics:

  • Return on Equity (ROE): 15% (6% improvement in FY26)
  • Return on Capital Employed (ROCE): 20% (7% improvement in FY26)
  • Return on Invested Capital (ROIC): 6% improvement

Strategic Business Update

Strategic Pivot Framework:

The company is executing a transformative strategic pivot built on:

  • Advanced manufacturing processes
  • Proprietary & copyrighted computational analysis software and simulation capabilities
  • Integrated approach combining kinematic motion studies, dynamics studies, light weighting, noise reduction
  • Domain expertise in materials science, sealing, and lubrication technology

Six Growth Vectors (Addressable Market Expansion):

1. Aerospace: Acquired established, pre-certified platform to bypass multi-year OEM certification timelines. Scaling aggressively with NRB's manufacturing capabilities while maintaining financial discipline.

2. Automotive Adjacencies: Expanding beyond legacy 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
  • Shifting 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 (focus on electrical erosion mitigation and ultra-low friction torque)

4. Mobility Beyond Vehicles: Movement of systems including:

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

5. Industrial & Heavy Construction Equipment: Deepening footprint in heavy-duty off-highway segments, particularly construction equipment and mining machinery where extreme loads and harsh operating environments showcase sealing, lubrication, and material technology superiority.

6. Mission-Critical Friction Solutions: Both mobile applications and stationary industrial infrastructure including:

  • Data center cooling architectures
  • Renewable energy drives
  • Precision gearboxes
  • Applications where operational failure is not an option and downtime carries massive penalties

Operational Capabilities

Competitive Advantages:

  • Agility, Speed and Flexibility: Flat technical decision-making enables custom digital twin simulations and co-design proposals in days rather than months
  • End-to-End Digitization: Deep operational digitization across design and manufacturing workflows providing real-time visibility
  • People Capabilities: World-class engineering team with 34% of employees below age 33

Recognition & Awards:

  • "Most Preferred Workplace in the Manufacturing Sector" for fourth consecutive year
  • "Wonders of Women" team emerged victorious at ACMA QC Stories 2026 competition
  • Partnered with CII to host Women HR Leaders Training Program for Aurangabad region

Financial Discipline

The company emphasized maintaining absolute commitment to financial discipline while pursuing aggressive growth:

  • Expanding into application-engineered high-margin niches that protect and enhance profitability
  • Scaling without diluting margin structures
  • Maintaining prudent capital allocation strategy

Governance & Compliance

Annual General Meeting:

  • 61st Annual General Meeting scheduled for Wednesday, July 29, 2026
  • Speech voluntarily shared with stock exchanges to enable shareholder access

Company Representative:

  • Khyati Hemang Danani, Company Secretary & Compliance Officer (Membership no. A21844)