BSE:535458

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NRB Industrial Bearings

Executive Summary

NRB Industrial Bearings Limited manufactures and sells ball and roller bearings for industrial applications in India.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has NRB Industrial Bearings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 535458's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-8.7%

535458

0.2%

IN Machinery

0.4%

IN Market


1 Year Return

-44.7%

535458

-6.9%

IN Machinery

3.2%

IN Market

Return vs Industry: 535458 underperformed the Indian Machinery industry which returned -7.9% over the past year.

Return vs Market: 535458 underperformed the Indian Market which returned 2% over the past year.


Shareholder returns

535458IndustryMarket
7 Day-8.7%0.2%0.4%
30 Day-39.2%-2.1%2.8%
90 Day-20.9%14.8%20.9%
1 Year-44.7%-44.7%-5.5%-6.9%5.1%3.2%
3 Year-84.4%-84.4%-24.3%-27.5%1.4%-3.4%
5 Year-92.7%-92.7%-9.0%-14.8%30.8%21.0%

Price Volatility Vs. Market

How volatile is NRB Industrial Bearings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is NRB Industrial Bearings undervalued compared to its fair value and its price relative to the market?

14.93x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 535458 (₹4.7) is trading above our estimate of fair value (₹0.84)

Significantly Below Fair Value: 535458 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 535458 is unprofitable, so we can't compare its PE Ratio to the IN Machinery industry average.

PE vs Market: 535458 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 535458's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 535458 is overvalued based on its PB Ratio (14.9x) compared to the IN Machinery industry average (1x).


Next Steps

Future Growth

How is NRB Industrial Bearings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.9%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as NRB Industrial Bearings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has NRB Industrial Bearings performed over the past 5 years?

1.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 535458 is currently unprofitable.

Growing Profit Margin: 535458 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 535458 is unprofitable, but has reduced losses over the past 5 years at a rate of 1.7% per year.

Accelerating Growth: Unable to compare 535458's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 535458 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-9.1%).


Return on Equity

High ROE: 535458 has a negative Return on Equity (-2531.16%), as it is currently unprofitable.


Next Steps

Financial Health

How is NRB Industrial Bearings's financial position?


Financial Position Analysis

Short Term Liabilities: 535458's short term assets (₹291.1M) do not cover its short term liabilities (₹865.7M).

Long Term Liabilities: 535458's short term assets (₹291.1M) do not cover its long term liabilities (₹408.4M).


Debt to Equity History and Analysis

Debt Level: 535458's debt to equity ratio (14175.2%) is considered high.

Reducing Debt: 535458's debt to equity ratio has increased from 651.4% to 14175.2% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 535458 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 535458 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 66.5% per year.


Next Steps

Dividend

What is NRB Industrial Bearings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 535458's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 535458's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 535458's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 535458's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 535458's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.2yrs

Average board tenure


CEO

Devesh Sahney (52 yo)

no data

Tenure

₹10,456,972

Compensation

Mr. Devesh Singh Sahney, BBA (UK), MBA, is the Chairman at NRB Industrial Bearings Limited since November 2018. Mr. Sahney serves as Managing Director at NRB Industrial Bearings Limited and has been its Ex ...


CEO Compensation Analysis

Compensation vs Market: Devesh's total compensation ($USD139.03K) is above average for companies of similar size in the Indian market ($USD49.28K).

Compensation vs Earnings: Devesh's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Devesh Sahney
Chairman & MDno data₹10.46m4.13%
₹ 4.7m
Nikhilesh Panchal
Non-Executive & Independent Director1.5yrs₹195.00kno data
Aarti Sahney
Non-Executive Non Independent Director0.83yr₹45.00k0.44%
₹ 500.8k
Ashish Chhugani
Independent Director0.17yrno datano data

1.2yrs

Average Tenure

52yo

Average Age

Experienced Board: 535458's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

NRB Industrial Bearings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NRB Industrial Bearings Limited
  • Ticker: 535458
  • Exchange: BSE
  • Founded: 2011
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: ₹113.884m
  • Shares outstanding: 24.23m
  • Website: https://www.nrbindustrialbearings.com

Number of Employees


Location

  • NRB Industrial Bearings Limited
  • Dhannur, 15
  • 2nd Flooor
  • Mumbai
  • Maharashtra
  • 400001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
535458BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 2013
NIBLNSEI (National Stock Exchange of India)YesEquity SharesININRApr 2013

Biography

NRB Industrial Bearings Limited manufactures and sells ball and roller bearings for industrial applications in India. The company offers deep groove ball bearings, wide inner ring ball bearings and housed ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/05 12:56
End of Day Share Price2020/08/05 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.