NRB Bearing Limited Reports Quarterly Results and Approves Corporate Guarantee for Subsidiary

NRB Bearing Limited Reports Quarterly Results and Approves Corporate Guarantee for Subsidiary​

NRB Bearing Limited announced the outcome of its Board Meeting held on August 07, 2026, wherein it reviewed unaudited financial results for the quarter ended June 30, 2026. The meeting also approved the issuance of a corporate guarantee up to Rs. 50 Crores in favour of HSBC Bank concerning the subsidiary NRB Unitec Friction Solutions Private Limited.

The company provided both standalone and consolidated unaudited financial statements for the recently concluded quarter.

Financial Performance Summary (Quarter Ended June 30, 2026)​

The results presented by the Company reflect operational activity across its domestic and international operations. The key figures from the Unaudited Standalone Financial Results are summarized below:


The Unaudited Consolidated Financial Results for the quarter ended June 30, 2026, showed a consolidated total income of 37,500 lakhs, down from 31,946 lakhs in Q1 FY26, and up significantly from 136,952 lakhs in the previous fiscal year.

Corporate Guarantees and Strategic Transactions​

The Board meeting approved the issuance of corporate guarantees for NRB Unitec Friction Solutions Private Limited. The company agreed to provide a corporate guarantee of up to Rs. 50 Crores (Rupees Fifty Crores Only) in favour of HSBC Bank, which is related to term loan facilities proposed for the subsidiary. This guarantee pertains to the consolidated group.

MTRPL Acquisition and Investment:
Mahant Tool Room Private Limited (MTRPL), a wholly owned subsidiary of NRB Bearing Limited incorporated on December 30, 2025, was involved in acquiring the business undertaking of M/s Mahant Tool Room, Bengaluru, for 3,750 lakhs.

The company facilitated this acquisition by extending an inter-corporate deposit (ICD) of 700 lakhs to MTRPL during FY26. In Q2 FY26, the parent company exercised a conversion option, converting an aggregate amount of 715 lakhs, comprising principal and accrued interest, into equity share capital of MTRPL. This conversion resulted in the allotment of 2,409 equity shares to the Company at a valuation of 29,688 per equity share. Subsequently, the parent company made an additional equity investment of 3,050 lakhs in MTRPL to cover the balance consideration.

NRB Unitec Friction Solutions Private Limited:
NRB Unitec Friction Solutions Private Limited was incorporated as a wholly owned subsidiary on April 22, 2026, following a Joint Venture Agreement with Unitec S.r.l., part of the Mondial Group, Italy. The Board approved the transfer of 2,500 equity shares (representing 25% of paid-up equity) to Unitec S.r.l. However, as of June 30, 2026, this share transfer had not been completed and NRB Unitec Friction Solutions Private Limited continued to operate as a wholly owned subsidiary of the Company.

The company reported that its entire business falls under one operational segment, "Bearing," based on integral reporting provided to the Chief Operating Decision Maker (CODM).

NRBBEARING Stock Price Movement​

Shares of NRB Bearing Limited are gaining ground as of 3:17 PM, with the stock trading at ₹469.55 in active market sessions. The rally pushes the equity closer to its 52-week high, supported by a volume of approximately 1.71 million shares traded today.