Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results and Investment Approval

Audit Opinion:

Clean Review Opinion - No material misstatements identified

Key Financial Highlights [Rs. in Lakhs]:

Standalone Results:

Revenue from Operations: ₹1,890.30 (vs. ₹1,854.78 in Q1 FY26, +1.9% YoY)

Total Income: ₹1,975.97 (vs. ₹1,982.72 in Q1 FY26, -0.3% YoY)

Net Loss: ₹(672.27) (vs. ₹(529.41) in Q1 FY26, loss widened by 27%)

EPS: ₹(2.77) (vs. ₹(2.18) in Q1 FY26)

Other Equity: Negative (₹5,885.70 lakhs as at June 30, 2026)

Expenditure Breakdown:

  • Cost of materials consumed: ₹725.72
  • Changes in inventories: ₹63.08
  • Employee benefits expense: ₹649.09
  • Finance costs: ₹342.69
  • Depreciation and amortization: ₹253.77
  • Other expenses: ₹613.89

Total Expenses: ₹2,648.24

Consolidated Results:

Revenue from Operations: ₹1,890.30

Total Income: ₹1,975.97

Net Loss after share of associates: ₹(659.44)

Share of Profit from Associates: ₹12.83

EPS: ₹(2.72)

Other Equity: Negative (₹6,219.35 lakhs as at June 30, 2026)

Segment-wise Performance:

Single primary segment: Bearings and other related components

Corporate Actions:

  • Approved acquisition of 9.08% equity shares in Lok Green Energy India Private Limited
  • Investment amount: Up to ₹42,00,000 (Rupees Forty-Two Lakh Only)
  • Purpose: Captive solar power project to meet green energy needs, optimize energy costs, and comply with regulatory requirements
  • Timeframe: Within 90 days from execution of Power Purchase Agreement and Share Subscription Agreement
  • Consideration: Cash payment

Other Significant Information:

  • Entities included in consolidation: NRB Industrial Bearings Limited (Holding Company), NRB IBC Bearings Private Limited (Associate), NIBL Korta Engineering Private Limited (Associate)
  • Unrecognized share of losses in NRB-IBC Bearings Private Limited: ₹618.08 lakhs as at June 30, 2026
  • Lok Green Energy India Private Limited background: Incorporated September 27, 2022, SPV for 3.7 MW Solar project in Nashik (capacity up to 10 MW), zero turnover in FY23-FY25