Integrated Filing — IndAS



General information about company
Scrip Code 530367
NSE Symbol NRBBEARING
MSEI Symbol NOTLISTED
ISIN INE349A01021
Name of company NRB Bearing Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 07-Aug-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 31-Jul-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment Bearings
Start date and time of board meeting 07-Aug-2025   14:30:00
End date and time of board meeting 07-Aug-2025   18:05:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party?
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.
Whether the company is a high value debt listed entity according to regulation 15 (1A)?
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? Yes



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 2785600000
Other income 92600000
Total income 2878200000
2 Expenses
(a) Cost of materials consumed 1248700000
(b) Purchases of stock-in-trade 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 31500000
(d) Employee benefit expense 344100000
(e) Finance costs 18900000
(f) Depreciation, depletion and amortisation expense 106000000
(f) Other Expenses
1 Consumption of stores and spare parts 177900000 177900000
2 Contract labour 127800000 127800000
3 Power and fuel 103000000 103000000
4 Forwarding charges 70700000 70700000
5 Fair valuation loss on derivative contracts measured at FVPTL 62100000 62100000
6 Legal and professional fees (also refer note 47(ii)) 37800000 37800000
7 Processing charges 31100000 31100000
8 Commission on sales 21900000 21900000
9 Travelling and conveyance 20800000 20800000
10 Miscellaneous expenses 113600000 113600000
Total other expenses 766700000
Total expenses 2515900000
3 Total profit before exceptional items and tax 362300000
4 Exceptional items 0
5 Total profit before tax 362300000
6 Tax expense
7 Current tax 74000000
8 Deferred tax 24400000
9 Total tax expenses 98400000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 263900000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 263900000
17 Other comprehensive income net of taxes -500000
18 Total Comprehensive Income for the period 263400000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 193800000
Face value of equity share capital 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.72
Diluted earnings (loss) per share from continuing operations 2.72
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.72
Diluted earnings (loss) per share from continuing and discontinued operations 2.72
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) NRB BEARINGS LIMITED nNotes n1 The above standalone unaudited financial results statement of NRB Bearings Limited the Company were reviewed and recommended by the Audit Committee and were thereafter approved by the Board of Directors at their respective meetings held on 07 August 2025 The auditors have carried out an audit of this statement for the quarter ended 30 June 2025 n2 The statement is prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards 34 Interim Financial Reporting Ind AS 34 prescribed under Section 133 of the Companies Act 2013 the Act read with Companies Indian Accounting Standards Rules 2015 as amended and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations 2015 as amended n3 The outstanding balances as at 30 June 2025 includes trade receivables amounting to INR 2233 lakhs and trade payables amounting to INR 118 lakhs pertaining to customers and vendors situated outside India These balances are pending for settlement adjustments and have resulted in delays in receipts of receivables and payments of payables beyond the timeline stipulated by the FED Master Direction No 16201516 and FED Master Direction No 17201617 respectively under the Foreign Exchange Management Act 1999 The Company is in the process of making the payment for outstanding payables and also recovering these outstanding dues however wherever required provision has been made in the books of account The Company is also in the process of regularising these defaults with the appropriate authority Pending conclusion of the aforesaid matter the amount of penalty if any that may be levied is not ascertainable However management believes that the exposure is not expected to be material Accordingly the accompanying statement do not include any consequential adjustments that may arise due to such delay n4 Exceptional items loss net n INR in lakhs n Particulars Quarter ended Year ended n 30062025 31032025 31122024 31032025 n Unaudited Unaudited Unaudited Audited n Refer note 9 ni Claim received from Insurance company on account of Waluj fire also refer note 5 750 750 nii Reversal of input tax credit under section 16 of CGST Act 2017 refer note 6 a On loss of inventories due to fire 394 b On brokerage paid on sale of land building at Thane 33 niii Compensation pursuant to intercompany agreement refer note 9 5512 5512 4762 5189 n5 A fire incident had occurred at one of the Companys plant situated at Waluj Aurangabad on 8 May 2023 wherein the Company had made an assessment of loss amounting to INR 2076 lakhs with respect to the damage caused to inventories plant and equipments and other accessories buildings and other civil structures The Company believes it has adequate insurance coverage to cover these losses n During the quarter and year ended 31 March 2025 the Insurance Company has disbursed a total amount of INR 750 lakhs as an interim payment against plant and equipments and other accessories buildings and other civil structures which is classified as an exceptional gain for the quarter and year ended 31 March 2025 n Additionally the management of the Company had filed a claim with the surveyor to recover operational losses caused due to fire The same is under discussion and the claim will be recognised when the recoverability is reasonably ascertained n6 During the year ended 31 March 2025 the Company had reversed the input tax credit amounting to INR 394 lakhs and INR 33 lakhs on account of loss of inventories due to fire at Waluj and brokerage paid for sale of land and building at Thane respectively These credits were reversed under section 16 of the CGST Act 2017 from the available balances in the electronic credit ledger while filing the Goods and Services Tax GST annual return for the financial year 202324 which are classified as an exceptional item for the year ended 31 March 2025 n7 i The Committee of Directors at its meeting held on 20 January 2025 have approved the execution of an InterCompany Agreement Agreement dated 20 January 2025 between the Company and NRB Industrial Bearings Limited NIBL a related party which mainly covers the following a As per the scheme of demerger dated 24 August 2012 executed between the Company and NIBL NIBL presently uses the marks NRB Industrial and NRB Industrial Bearings in which the word NRB is used in a red color combination stylization font and pattern NIBL shall be entitled to the continued usage of the same in terms of the scheme of demerger and the word NRB attached to Industrial only in red colour specified in the scheme of demerger strictly in the manner font styling and colour in accordance with the terms detailed in the Agreement and with related restrictions at all times At any point of time if there is a change of control of NIBL the aforesaid right to use shall be discontinued and shall be revoked in accordance with the terms detailed in the Agreement b immediate release by NIBL of the right to use the immovable property of the Company situated at 2nd and 3rd floor Dhannur 15 Sir P M Road Fort Mumbai 400 001 along with granting vacant possession of the same and the shifting of their registered office by NIBL in accordance with the terms detailed in the Agreement and c nonsolicitation of each others employees by both entities in accordance with the terms detailed in the Agreement nii Further the Company has also received an intimation of a proposed realignment of shares within the Promoter Promoter Group as contemplated under the Memorandum Recording Family Settlement dated 20 January 2025 that would result in the realignment of shares held in the Company and a realignment of the beneficial interest in the Trilochan Singh Sahney Trust 1 which holds shares in the Company Such change is not expected to have any impact on the statement of the Company for the current period or the subsequent period in which such transactions would be executed The Company has made a payment to NIBL of INR 5512 lakhs on 14 February 2025 upon completion of conditions precedent as specified in the Agreement which is classified as an exceptional item for the year ended 31 March 2025 n8 Operating segments are reported in a manner consistent with the integral reporting provided to the Chief Operating Decision Maker CODM The CODM regularly monitors and reviews the operating result of the whole Company as one segment Bearing Thus as defined under Ind AS 108 Operating Segments the Companys entire business falls under one operational segment n9 The figures for the quarter ended 31 March 2025 are the balancing figures between audited figures for the financial year ended 31 March 2025 and the year to date figures upto end of the third quarter of the respective financial year which were subjected to a limited review by the statutory auditors n Place Mumbai Ms Harshbeena Zaveri n Date 07 August 2025 Vice Chairman Managing Director n DIN00003948 n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Actuarial gain / (loss) on remeasurements of the net defined benefit plans -2600000 -2600000
2 Fair value changes on equity instruments through other comprehensive income 7000000 7000000
Total Amount of items that will not be reclassified to profit and loss 4400000
2 Income tax relating to items that will not be reclassified to profit or loss 0
3 Amount of items that will be reclassified to profit and loss
1 Remeasurement of gains/(losses) on derivative hedging instruments -6400000 -6400000
Total Amount of items that will be reclassified to profit and loss -6400000
4 Income tax relating to items that will be reclassified to profit or loss -1500000
5 Total Other comprehensive income -500000





Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date 0
B Of the total amount outstanding, amount of default as on date 0
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date 0
B Of the total amount outstanding, amount of default as on date 0
3. Total financial indebtedness of the listed entity including short-term and long-term debt 0