NRB Bearings Limited announced its unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2026. The results were approved by the Board of Directors and filed with the stock exchanges on November 04, 2026.

Q2 FY27 Consolidated Financial Performance

  • Revenue from Operations grew by 18.8% year-over-year (YoY)
  • Normalized EBITDA increased by 23.5% YoY
  • EBITDA margin stood at 18.6% of sales

H1 FY27 Consolidated Financial Performance

  • Revenue from Operations reached ₹756 crore
  • Revenue growth of 19.0% YoY

Management Commentary

Ms. Harshbeena Zaveri, Vice Chairperson & Managing Director, commented on the performance, stating the strong results were underpinned by R&D expertise, precision-engineering capabilities, and deep customer partnerships. The company's strategy focuses on higher-value, customized solutions through innovation and early engagement in customers' product-development cycles.

Strategic Growth Verticals

The management outlined five strategic focus areas for future growth:

1. Aerospace: Described as "Buying Speed, Not Scale" - acquiring access rather than capacity through a recent aerospace company acquisition

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

3. "Beyond EV" Electrification: Holistic approach to electrification 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 Current Segments: Expanding into high-growth, high-tech sectors including:

  • Robotics
  • Automated guided vehicles (AGVs)
  • Urban air mobility
  • Advanced automated transit
  • Industrial & Heavy Construction Equipment
  • Heavy-duty off-highway segments (construction equipment and mining machinery)

5. Mission-Critical Friction Solutions: Future focus on both mobile applications and stationary industrial infrastructure including:

  • Data center cooling architectures
  • Renewable energy drives
  • Precision gearboxes

Margin Drivers and Strategy

The margin improvement is attributed to structural actions, capacity expansion, and thoughtful diversification. The company emphasized prudent capital allocation and a focus on delivering long-term value creation through a step-by-step approach into an accelerated, profitable, and sustainable high growth trajectory.

Global Operations

NRB and its global subsidiaries serve international OEMs and Tier-1 manufacturers across Europe, Asia, and the Americas. The company operates manufacturing plants and research centres across India, Thailand, Europe, and the USA, with subsidiaries in USA, Europe, Thailand, and the UAE.

Disclaimer

The document includes standard forward-looking statements disclaimer noting that actual results may differ due to industry trends, economic environment changes, tax laws, litigation, labor relations, exchange rate fluctuations, technological changes, and other factors.