What was NRB Bearings's revenue in Q4 FY26?

NRB Bearings reported revenue of ₹372 Cr in Q4 FY26, a +13% change year-over-year.

Did NRB Bearings management deliver on previous promises?

Scorecard data is being built as historical quarters are processed.

NRB Bearings Q4 FY26 Research Workspace: Revenue ₹372 Cr (+13%)

Q: What guidance did NRB Bearings management give?

International business growth 10-14% in FY27: Management expects international business to grow 10-14% (possibly 15%) in FY27, up from 4% in FY26.

Revenue ₹372 Cr +13%

EBITDA ₹74 Cr +17%

PAT ₹42 Cr

EBITDA Margin 19.5%

Duration 58 min

Read Time 1 min read

✓ Verified against BSE filing

2-Minute Summary

✦ AI-Generated from Full Transcript

NRB Bearings delivered a strong Q4 FY26 with revenue of ₹372 crore (+13% YoY) and EBITDA of ₹74 crore (+17% YoY), with margins at 19.5%. Full-year revenue grew 11% to ₹1,135 crore, PAT surged 77% to ₹146 crore. Growth was driven by volume expansion, market share gains, and structural efficiency improvements (solar, automation, vendor renegotiation). International business grew only 4% due to Middle East disruptions and gas shortages, but management expects 10-14% growth in FY27. Capacity utilization is near full, with a ₹120 crore capex planned for FY27 (including land) to debottleneck and expand. The Mahan Tools acquisition (order book doubled to ₹50 crore) strengthens aerospace entry. Industrial segment (14-15% of revenue) is a focus area. Risk: forex volatility and global supply chain disruptions could impact margins.

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Research workspace

Focused Modules

!Risks 3 risks

Risk Intelligence

Forex volatility impacting gross margins

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Quarter Snapshot

International Business Growth (FY26) 4%

+4% YoY

International business grew 4% in FY26, impacted by Middle East disruptions and gas shortages.

Capacity Utilization 85%

Flat

Reported utilization is 85%, but effective utilization is near full when accounting for demand variation.

Mahan Tools Order Book ₹50 crore

+100% vs acquisition

Order book doubled from ₹25 crore at acquisition to ₹50 crore, executable over 12-18 months.

Industrial Segment Share 14-15%

Flat

Industrial segment (including tractors) is 14-15% of revenue; target is 20-25% in 3 years.

Fast read

Guidance and risk preview

Top guidance International business growth 10-14% in FY27

Management expects international business to grow 10-14% (possibly 15%) in FY27, up from 4% in FY26.

Top risk Forex volatility impacting gross margins

A sudden forex spike on the last day of the quarter caused a dip in gross margins; management called it an anomaly but it remains a risk.