NRB Bearings Limited

NSEI:NRBBEARING Stock Report

Market Cap: ₹27.2b

NRB Bearings Valuation

Is NRBBEARING undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NRBBEARING when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NRBBEARING (₹280.65) is trading above our estimate of fair value (₹57.39)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NRBBEARING?

Key metric: As NRBBEARING is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NRBBEARING. This is calculated by dividing NRBBEARING's market cap by their current earnings.
What is NRBBEARING's PE Ratio?
PE Ratio10.6x
Earnings₹2.57b
Market Cap₹27.20b

Price to Earnings Ratio vs Peers

How does NRBBEARING's PE Ratio compare to its peers?

The above table shows the PE ratio for NRBBEARING vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average52.5x
505412 Wendt (India)
80.6xn/a₹33.3b
500333 PIX Transmissions
29.3xn/a₹32.5b
THEJO Thejo Engineering
46.3xn/a₹23.8b
500068 DISA India
53.7xn/a₹23.0b
NRBBEARING NRB Bearings
10.6x-39.3%₹27.2b

Price-To-Earnings vs Peers: NRBBEARING is good value based on its Price-To-Earnings Ratio (10.6x) compared to the peer average (52.5x).

Price to Earnings Ratio vs Industry

How does NRBBEARING's PE Ratio compare vs other companies in the IN Machinery Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DIL Debock Industries
4.8xn/aUS$6.04m
531911 Galaxy Agrico Exports
4.8xn/aUS$1.51m
No more companies available in this PE range
NRBBEARING 10.6xIndustry Avg. 39.1xNo. of Companies24PE020406080100+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NRBBEARING is good value based on its Price-To-Earnings Ratio (10.6x) compared to the Indian Machinery industry average (39.1x).

Price to Earnings Ratio vs Fair Ratio

What is NRBBEARING's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NRBBEARING PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.6x
Fair PE Ratio8.8x

Price-To-Earnings vs Fair Ratio: NRBBEARING is expensive based on its Price-To-Earnings Ratio (10.6x) compared to the estimated Fair Price-To-Earnings Ratio (8.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NRBBEARING forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹280.65
₹395.50
+40.9%
1.1%₹400.00₹391.00n/a2
Dec ’25₹292.00
₹395.50
+35.4%
1.1%₹400.00₹391.00n/a2
Nov ’25₹274.80
₹395.50
+43.9%
1.1%₹400.00₹391.00n/a2
Oct ’25₹299.75
₹395.50
+31.9%
1.1%₹400.00₹391.00n/a2
Sep ’25₹323.00
₹395.50
+22.4%
1.1%₹400.00₹391.00n/a2
Aug ’25₹325.65
₹395.50
+21.4%
1.1%₹400.00₹391.00n/a2
Jul ’25₹345.05
₹395.50
+14.6%
1.1%₹400.00₹391.00n/a2
Jun ’25₹314.40
₹381.50
+21.3%
4.8%₹400.00₹363.00n/a2
May ’25₹314.55
₹354.00
+12.5%
2.5%₹363.00₹345.00n/a2
Apr ’25₹294.55
₹354.00
+20.2%
2.5%₹363.00₹345.00n/a2
Mar ’25₹314.75
₹354.00
+12.5%
2.5%₹363.00₹345.00n/a2
Feb ’25₹352.80
₹337.00
-4.5%
2.4%₹345.00₹329.00n/a2
Jan ’25₹357.00
₹337.00
-5.6%
2.4%₹345.00₹329.00n/a2
Dec ’24₹275.45
₹299.50
+8.7%
9.8%₹329.00₹270.00₹292.002
Nov ’24₹252.45
₹271.50
+7.5%
0.6%₹273.00₹270.00₹274.802
Oct ’24₹279.90
₹271.50
-3.0%
0.6%₹273.00₹270.00₹299.752
Sep ’24₹268.25
₹271.50
+1.2%
0.6%₹273.00₹270.00₹323.002
Aug ’24₹260.45
₹245.00
-5.9%
10.2%₹270.00₹220.00₹325.652
Jun ’24₹173.05
₹197.00
+13.8%
11.7%₹220.00₹174.00₹314.402
May ’24₹150.10
₹197.00
+31.2%
11.7%₹220.00₹174.00₹314.552
Apr ’24₹133.60
₹197.00
+47.5%
11.7%₹220.00₹174.00₹294.552
Mar ’24₹137.50
₹197.00
+43.3%
11.7%₹220.00₹174.00₹314.752
Feb ’24₹142.60
₹197.00
+38.1%
11.7%₹220.00₹174.00₹352.802
Jan ’24₹152.65
₹197.00
+29.1%
11.7%₹220.00₹174.00₹357.002
Dec ’23₹148.30
₹197.00
+32.8%
11.7%₹220.00₹174.00₹275.452

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 23:16
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NRB Bearings Limited is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rohan KordeAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited
Annamalai JayarajBatlivala & Karani Securities India Pvt. Ltd.