The document is a regulatory filing under SEBI Regulation 30 to submit a revised transcript of the Q1 FY27 Earnings Conference Call held on August 10, 2026, correcting a typographical error in the original transcript.
The earnings call was moderated by Mr. Diwakar Pingle from Ernst & Young and featured management representation from Ms. Harshbeena Zaveri, Vice Chairman and Managing Director of NRB Bearings Limited.
The company discussed its unaudited Standalone and Consolidated Financial Results for Q1 FY 2026-27, which showed consolidated revenue growth of 19.2% YoY to INR370 crores and PAT growth of 15% YoY to INR38 crores. Standalone performance showed sales growth of 14.7% YoY and PAT growth of 31.7% YoY.
Management detailed a strategic pivot into six growth vectors: aerospace, automotive adjacencies, beyond EV electrification, mobility beyond current segments, mission-critical friction solutions, and industrial applications. The company announced it secured a production order to supply high-precision planet pins for a General Motors Corvette program through its US facility in Columbia, South Carolina.
During Q&A, management provided additional insights:
Current industrial business represents 14% of total revenue, growing from 11% previously
Defense/aerospace order book is approximately INR50 crores total (INR30 crores from MTR acquisition + INR20 crores from regular defense)
Capex program totals INR270 crores, with INR60 crores already invested and INR100 crores either ordered or in process
Lifetime nominated business has increased from INR800 crores to approximately INR1,100 crores
The Unitec JV plant will be commissioned by April 2027 in Aurangabad (not Hyderabad as initially planned) with investment of INR110 crores and capacity for INR130 crores turnover
The company maintained its characteristic financial conservatism but indicated that based on trailing 12-month revenue growth of 14.38%, they would reach INR2,730 crores by 2031, suggesting previous guidance of INR2,500 crores might be conservative.
Additional Notes Section
The document represents a corrected transcript filing following identification of a typographical error in the original submission.
The transcript contains detailed management commentary on financial results, strategic direction, and growth opportunities across multiple verticals.