NRB Bearings, incorporated in the year 1965, is a Small Cap company (having a market cap of Rs 1520.23 Crore) operating in Auto Ancillaries sector.
NRB Bearings key Products/Revenue Segments include Bearings, Scrap, Export Incentives and Other Operating Revenue for the year ending 31-Mar-2022.
Financials
The company’s top management includes Mr.Tashwinder Singh, Ms.Harshbeena S Zaveri, Mr.Satish C Rangani, Mr.Devesh S Sahney, Mr.Ashank D Desai, Mr.Rustom Desai, Ms.R M Vishakha. Company has Walker Chandiok & Co. LLP as its auditors. As on 30-06-2022, the company has a total of 10 Crore shares outstanding.
Investment Rationale
NRB’s focus and embracing of future technologies along with re-inventing and altering its capabilities has led the Company to supplying the world’s foremost E-Vehicles. The brokerage valued NRB at Rs 190 i.e. 17x P/E on FY24E EPS.
Promoter/FII Holdings
Promoters held 49.86 per cent stake in the company as of 30-Jun-2022, while FIIs owned 21.5 per cent, DIIs 11.6 per cent.
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