NRB Industrial Bearings Limited manufactures and sells ball and roller bearings for industrial applications in India.
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.
7 Day Return
1 Year Return
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.
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
Is NRB Industrial Bearings undervalued compared to its fair value and its price relative to the market?
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).
How is NRB Industrial Bearings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Take a look at our analysis of 535458’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- NRB Industrial Bearings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has NRB Industrial Bearings performed over the past 5 years?
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.
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Devesh Sahney (52 yo)
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.
|Chairman & MD||no data||₹10.46m||4.13% |
|Non-Executive & Independent Director||1.5yrs||₹195.00k||no data|
|Non-Executive Non Independent Director||0.83yr||₹45.00k||0.44% |
|Independent Director||0.17yr||no data||no data|
Experienced Board: 535458's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
NRB Industrial Bearings Limited's company bio, employee growth, exchange listings and data sources
- 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
- NRB Industrial Bearings Limited
- Dhannur, 15
- 2nd Flooor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|535458||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Apr 2013|
|NIBL||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Apr 2013|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/05 12:56|
|End of Day Share Price||2020/08/05 00:00|
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.