5303672025-07-012025-09-305303672025-09-305303672025-03-315303672025-04-012025-09-305303672025-07-012025-09-30in-capmkt:OtherExpenses1Member5303672025-07-012025-09-30in-capmkt:OtherExpenses2Member5303672025-07-012025-09-30in-capmkt:OtherExpenses3Member5303672025-07-012025-09-30in-capmkt:OtherExpenses4Member5303672025-07-012025-09-30in-capmkt:OtherExpenses5Member5303672025-07-012025-09-30in-capmkt:OtherExpenses6Member5303672025-07-012025-09-30in-capmkt:OtherExpenses7Member5303672025-07-012025-09-30in-capmkt:OtherExpenses8Member5303672025-07-012025-09-30in-capmkt:OtherExpenses9Member5303672025-07-012025-09-30in-capmkt:OtherExpenses10Member5303672025-04-012025-09-30in-capmkt:OtherExpenses1Member5303672025-04-012025-09-30in-capmkt:OtherExpenses2Member5303672025-04-012025-09-30in-capmkt:OtherExpenses3Member5303672025-04-012025-09-30in-capmkt:OtherExpenses4Member5303672025-04-012025-09-30in-capmkt:OtherExpenses5Member5303672025-04-012025-09-30in-capmkt:OtherExpenses6Member5303672025-04-012025-09-30in-capmkt:OtherExpenses7Member5303672025-04-012025-09-30in-capmkt:OtherExpenses8Member5303672025-04-012025-09-30in-capmkt:OtherExpenses9Member5303672025-04-012025-09-30in-capmkt:OtherExpenses10Memberiso4217:INRiso4217:INRxbrli:shares530367NRBBEARINGNOTLISTEDINE349A01021NRB BEARING LIMITEDMain BoardEquity2025-04-012026-03-312025-11-102025-11-05INRLakhsQuarterlySecond quarterSingle segmentBearing2025-11-1015:30:002025-11-1019:00:00trueCash Flow IndirectNot applicable2025-07-012025-09-30UnauditedConsolidated3252000000143100000339510000012951000000-558000005181000002220000013270000095900000028713000005238000000523800000132500000-2280000010970000004141000000000414100000347000004488000004063000007800000441000000780000019380000024.194.19004.194.191 The above consolidated unaudited financial results ('statement') of NRB Bearings Limited (the 'Parent Company') were reviewed and recommended by the Audit Committee and were thereafter approved by the Board of Directors at their respective meetings held on 10 November 2025. The auditors have carried out a limited review of this statement for the quarter and half year ended 30 September 2025. <BR> 2 The statement has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 - Interim Financial Reporting ('Ind AS 34'), prescribed under section 133 of the Companies Act, 2013 (the 'Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). <BR> 3 The outstanding balances as at 30 September 2025 of the Parent Company includes trade receivables amounting to INR 2,346 lakhs and trade payables amounting to INR 5 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. 16/2015-16 and FED Master Direction No. 17/ 2016-17 respectively, under the Foreign Exchange Management Act, 1999. The Parent 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 Parent 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, the Parent Company's 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. <BR> 4 Exceptional items - (loss) (net) <BR> (INR in lakhs) <BR> Particulars Quarter ended Half year ended Year ended <BR> 30.09.2025 30.06.2025 30.09.2024 30.09.2025 30.09.2024 31.03.2025 <BR> (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) <BR> <BR> i) Claim received from insurance company on account of fire (also refer note 5) - - - - - 750 <BR> ii) Reversal of input tax credit under section 16 of CGST Act, 2017 (refer note 6) <BR> a) On loss of inventories due to fire - - - - - (394) <BR> b) On brokerage paid on sale of land & building at Thane - - - - - (33) <BR> iii) Compensation pursuant to inter-company agreement (refer note 7) - - - - - (5,512) <BR> - - - - - (5,189) <BR> 5 A fire incident had occurred at one of the Parent Company's plant situated at Waluj, Aurangabad on 8 May 2023, wherein the Parent Company had made an assessment of loss amounting to INR 2,076 lakhs with respect to the damage caused to inventories, plant and equipments and other accessories, buildings, and other civil structures. The Parent Company believes it has adequate insurance coverage to cover these losses. <BR> During the year ended 31 March 2025, the Insurance Company had 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 was classified as an exceptional gain for the year ended 31 March 2025. <BR> Additionally, the management of the Parent 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. <BR> 6 During the year ended 31 March 2025, the Parent 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 2023-24, which are classified as an exceptional item for the year ended 31 March 2025. <BR> 7 (i) The Committee of Directors of the Parent Company at its meeting held on 20 January 2025 had approved the execution of an Inter-Company Agreement (Agreement) dated 20 January 2025 between the Parent Company and NRB Industrial Bearings Limited (NIBL), a related party, which mainly covers the following: <BR> (a) As per the scheme of demerger dated 24 August 2012 executed between the Parent 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; <BR> (b) immediate release by NIBL of the right to use the immovable property of the Parent 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 <BR> (c) non-solicitation of each other’s employees by both entities in accordance with the terms detailed in the Agreement. <BR> (ii) Further, the Parent Company had 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 Parent Company for the current period or the subsequent period in which such transactions would be executed. <BR> The Parent Company had made a payment to NIBL of INR 5,512 lakhs on 14 February 2025, upon completion of conditions precedent as specified in the Agreement, which is classified as an exceptional loss for the year ended 31 March 2025." <BR> 7 Pursuant to the Board Meeting held on 22 January 2022, the Company had paid Voluntary Retirement Scheme (VRS) amounting to Rs. 64 lakhs during the quarter ended 31 March 2022 to the workmen at the Thane plant in accordance with VRS Scheme approved by the Board of Directors of the Company. <BR> 8 The authorised share capital of the Parent Company, which earlier comprised of 100,000,000 equity shares of INR 2 each, aggregating to INR 2,000 lakhs has been increased to 200,000,000 equity shares of INR 2 each, aggregating to INR 4,000 lakhs. This increase in authorised share capital was approved by the Board of Directors of the Parent Company in the board meeting held on 7 August 2025 and shareholders of the Parent Company in the Annual General Meeting held on 11 September 2025, respectively. <BR> 9 During the quarter ended 30 September 2025, the Parent Company has paid a final dividend of INR 4.30 per share (215percentage) on face value of INR 2 per share each post receiving shareholder's approval in Annual General Meeting held on 11 September 2025, which was in line with dividend recommended by the Board of Directors of the Parent Company for the financial year 2024-25. <BR> 10 The Board of Directors of the Parent Company in its meeting held on 24 October 2025, has declared an interim dividend of INR 2.50 per equity share (125percentage) of face value of INR 2 each. This interim dividend stands unpaid as at 10 November 2025. <BR> 11 The Board of Directors of the Parent Company in its meeting held on 24 October 2025 have given in principal approval to acquire minimum 99percentage of the shares of Sahney Bearings Private Limited from one of the promoter’s of the Company on an arm’s length basis. <BR> 12 The statement of cash flows has been prepared under the indirect method as set out in Indian Accounting Standard (Ind AS) 7 - "Statement of Cash Flows". <BR> 13 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 group as one segment "Bearing". Thus, as defined under Ind AS 108 "Operating Segments", the Group's entire business falls under one operational segment. <BR> <BR> For and on behalf of the Board of Directors <BR> Place : Mumbai (Ms) Harshbeena Zaveri <BR> Date : 10 November 2025 Vice Chairman & Managing Director <BR> 2025-04-012025-09-30UnauditedConsolidated6352500000237200000658970000025513000000-12850000010108000005070000026250000018691000005615900000973800000097380000022960000020000002316000000742200000000074220000050400000792600000727200000150000007776000001500000019380000027.57.5007.57.5Consumption of stores and spare parts198500000Processing charges43200000Power and fuel137600000Insurance10200000Forwarding charges126400000Legal and professional fees67600000Travelling and conveyance31800000Information technology expenses9000000Contract labour144600000Miscellaneous expenses190100000Consumption of stores and spare parts407000000Processing charges77200000Power and fuel259600000Insurance21100000Forwarding charges218600000Legal and professional fees117000000Travelling and conveyance59200000Information technology expenses22200000Contract labour272500000Miscellaneous expenses414700000393980000036660000004800000195000002100000002674000000079700000347100000433300000422000005155400000464940000037100000022974000002919000005800000032000003400000302490000071000004709000008152300000133077000001938000009348700000954250000019020000097327000000000138000001380000001847000000019850000013058000002376000009716000001209200000377200000289220000026500000014540000073900000033765000000035750000001330770000050700000-271700000-813000000238300000-400000-41100000590000001954000000130100000026250000000-400000-196000000-27200000-800000-12000000523000000-242000000450000000516300000149010000080000000245800000012451000000000000070000042860000000000000000000000800000120000001300000-4246000000000000005390000001130000046220000050700000037600000-1025600000-205100000-38600000-243700000535600000291900000-2600000-7000000-32100000-434000003470000050400000