NRB Bearings Limited engages in the manufacture and sale of ball and roller bearings to original equipment manufacturers in India and internationally. More Details
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Adequate balance sheet with poor track record.
Share Price & News
How has NRB Bearings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NRBBEARING's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NRBBEARING underperformed the Indian Machinery industry which returned -3.5% over the past year.
Return vs Market: NRBBEARING underperformed the Indian Market which returned 0.9% over the past year.
Price Volatility Vs. Market
How volatile is NRB Bearings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs NRB Bearings Limited (NSE:NRBBEARING) A Risky Dividend Stock?
1 month ago | Simply Wall StHere's What To Make Of NRB Bearings' (NSE:NRBBEARING) Returns On Capital
Is NRB Bearings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NRBBEARING (₹68.35) is trading above our estimate of fair value (₹42.55)
Significantly Below Fair Value: NRBBEARING is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NRBBEARING is poor value based on its PE Ratio (101x) compared to the IN Machinery industry average (18.7x).
PE vs Market: NRBBEARING is poor value based on its PE Ratio (101x) compared to the Indian market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NRBBEARING's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NRBBEARING is overvalued based on its PB Ratio (1.5x) compared to the IN Machinery industry average (1.1x).
How is NRB Bearings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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 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.
- Examine NRB Bearings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- NRB 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 Bearings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NRBBEARING has high quality earnings.
Growing Profit Margin: NRBBEARING's current net profit margins (1%) are lower than last year (8.8%).
Past Earnings Growth Analysis
Earnings Trend: NRBBEARING's earnings have declined by 0.6% per year over the past 5 years.
Accelerating Growth: NRBBEARING's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NRBBEARING had negative earnings growth (-92%) over the past year, making it difficult to compare to the Machinery industry average (-19.2%).
Return on Equity
High ROE: NRBBEARING's Return on Equity (1.5%) is considered low.
How is NRB Bearings's financial position?
Financial Position Analysis
Short Term Liabilities: NRBBEARING's short term assets (₹5.5B) exceed its short term liabilities (₹4.3B).
Long Term Liabilities: NRBBEARING's short term assets (₹5.5B) exceed its long term liabilities (₹906.7M).
Debt to Equity History and Analysis
Debt Level: NRBBEARING's debt to equity ratio (67.8%) is considered high.
Reducing Debt: NRBBEARING's debt to equity ratio has reduced from 122.5% to 67.8% over the past 5 years.
Debt Coverage: NRBBEARING's debt is well covered by operating cash flow (32.3%).
Interest Coverage: NRBBEARING's interest payments on its debt are not well covered by EBIT (0.4x coverage).
What is NRB Bearings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NRBBEARING's dividend (1.17%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).
High Dividend: NRBBEARING's dividend (1.17%) is low compared to the top 25% of dividend payers in the Indian market (2.29%).
Stability and Growth of Payments
Stable Dividend: NRBBEARING's dividend payments have been volatile in the past 10 years.
Growing Dividend: NRBBEARING's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (118.2%), NRBBEARING's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Harshbeena Zaveri (60 yo)
Ms. Harshbeena Sahney Zaveri, B.Com., C.A., C.P.A., A.B (USA), serves as Additional Non-Executive & Independent Director at National Peroxide Limited since March 31, 2020. She has been Vice Chairman of NRB ...
CEO Compensation Analysis
Compensation vs Market: Harshbeena's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD54.75K).
Compensation vs Earnings: Harshbeena's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Vice Chairman||10yrs||₹55.08m||11.02% |
|Senior VP||8yrs||₹13.67m||0.0093% |
|Compliance Officer||2.17yrs||₹4.48m||0.000010% |
|Vice President of Technology||no data||₹1.12m||no data|
|Vice President of International Business Development||13.33yrs||₹10.32m||no data|
|Chief Human Resource Officer||1.75yrs||no data||no data|
|Senior Vice President of HR||no data||no data||no data|
|Head of Application Engineering||no data||no data||no data|
|Chief Operating Officer of International Business||0.83yr||no data||no data|
|Vice President of Personnel||29.25yrs||₹3.78m||no data|
Experienced Management: NRBBEARING's management team is considered experienced (2.2 years average tenure).
|Vice Chairman||10yrs||₹55.08m||11.02% |
|Senior VP||8yrs||₹13.67m||0.0093% |
|Non-Executive Independent Director||4.58yrs||₹760.00k||no data|
|Non-Executive Non Independent Director||19.42yrs||₹420.00k||0.88% |
|Independent Chairman of the Board||1.17yrs||₹1.08m||no data|
|Non Executive Independent Director||1.92yrs||₹550.00k||no data|
|Non Executive Independent Director||3.75yrs||₹530.00k||no data|
Experienced Board: NRBBEARING's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NRBBEARING 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 Bearings Limited's company bio, employee growth, exchange listings and data sources
- Name: NRB Bearings Limited
- Ticker: NRBBEARING
- Exchange: NSEI
- Founded: 1965
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: ₹6.615b
- Shares outstanding: 96.92m
- Website: https://www.nrbbearings.com
- NRB Bearings Limited
- Dhannur, 15
- Sir P.M Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|530367||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Mar 2000|
|NRBBEARING||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Mar 2000|
NRB Bearings Limited engages in the manufacture and sale of ball and roller bearings to original equipment manufacturers in India and internationally. The company offers a range of high-precision friction ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/27 12:32|
|End of Day Share Price||2020/10/26 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.