Nrb Bearings Limited (Full Fledged Public Co)

Manufactures bearings and friction solution components for various industries globally.

1965 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Nrb Bearings(Full Fledged Co) Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 19.38 Cr
  • Company Age 59 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 417.00 Cr
  • Satisfied Charges ₹ 533.73 Cr
  • Revenue Growth 12.89%
  • Profit Growth 22.33%
  • Ebitda 17.97%
  • Net Worth 11.21%
  • Total Assets 10.16%

About Nrb Bearings(Full Fledged Co)

Nrb Bearings Limited (Full Fledged Public Co) (NBLFFPC) was founded in India on 30 June 1965 and has a glorious history of 59 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530367 and on the National Stock Exchange(NSE) under NRBBEARING.

The Corporate was formerly known as Needle Roller Bearing Company Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 19.38 Cr.

The company currently has active open charges totaling ₹417.00 Cr. The company has closed loans amounting to ₹533.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nrb Bearings Limited (Full Fledged Public Co) India are Raman Malhotra as CFO and Ms Joshi as Company Secretary. Harshbeena Zaveri, Ashank Desai, Jayavardhan Diwan, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L29130MH1965PLC013251

  • Company No.

    013251

  • Stock Symbol

    BSE : 530367 NSE : NRBBEARING

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Jun 1965

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Nrb Bearings Limited (Full Fledged Public Co) offer?

Nrb Bearings Limited (Full Fledged Public Co) offers a wide range of products and services, including Ball Bearing Assemblies & Components, Metal And Non Metal Balls, Roller Bearings, Needle Roller Bearings, Spherical Roller Bearing, Ball Bearings and Bearing Assemblies, Nails & Pins, Industrial Pins, Bushings & Bushing Parts, Guide Bushing.

Who are the key members and board of directors at Nrb Bearings(Full Fledged Co)?

Executive Team (3)

NameDesignationAppointment DateStatus
Harshbeena Zaveri Country flag representing In Managing Director06-Apr-1994Current
Raman Malhotra CFO08-Mar-2024Current
Ms Joshi Country flag representing In Company Secretary10-Aug-2018Current

Board Members (5)

NameDesignationAppointment DateStatus
Jayavardhan Diwan Country flag representing In Director 26-Jun-2024Current
Ashank Desai Country flag representing In Director 30-Mar-2016Current
Bapsy Dastur Country flag representing Gb Director 09-Sep-2024Current
Rustom Desai Country flag representing In Director 23-Jan-2017Current
Satish Rangani Country flag representing In Director 24-Jul-2013Current

Financial Performance of Nrb Bearings(Full Fledged Co).

Nrb Bearings Limited (Full Fledged Public Co), for the financial year ended 2023, experienced significant growth in revenue, with a 12.89% increase. The company also saw a substantial improvement in profitability, with a 22.33% increase in profit. The company's net worth Soared by an impressive increase of 11.21%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
12.89%
Revenue from Operations
11.96%
Total Assets
10.16%
Profit or Loss
22.33%
Net Worth
11.21%
EBITDA
17.97%

What is the Ownership and Shareholding Structure of Nrb Bearings(Full Fledged Co)?

In 2023, Nrb Bearings(Full Fledged Co) had a promoter holding of 50.11% and a public holding of 49.89%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹417.00 Cr

Satisfied Charges

₹533.73 Cr

Charges Breakdown by Lending Institutions

  • Others : 145.00 Cr
  • Hdfc Bank Limited : 130.00 Cr
  • Dbs Bank Ltd : 75.00 Cr
  • Citi Bank N.A. : 67.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Oct 2023Others₹75.00 CrOpen
12 Jun 2023Hdfc Bank Limited₹50.00 CrOpen
05 Jul 2021Hdfc Bank Limited₹50.00 CrOpen
10 Nov 2014Others₹70.00 CrOpen
09 Oct 2014Hdfc Bank Limited₹30.00 CrOpen

How Many Employees Work at Nrb Bearings(Full Fledged Co)?

Nrb Bearings(Full Fledged Co) has a workforce of 184 employees as of Oct 12, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nrb Bearings(Full Fledged Co), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nrb Bearings(Full Fledged Co)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Nrb Bearings(Full Fledged Co)

Recent activity within the organization

  • Annual General Meeting

    Nrb Bearings Limited (Full Fledged Public Co) last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Director Appointment

    Bapsy Faroukh Dastur was appointed as a Director was appointed as a Director on 09 Sep 2024 & has been associated with this company since 4 months 23 days .

    09 Sep 2024

  • Director Appointment

    Jayavardhan Dhar Diwan was appointed as a Director was appointed as a Director on 26 Jun 2024 & has been associated with this company since 7 months 6 days .

    26 Jun 2024

  • Balance Sheet

    Nrb Bearings Limited (Full Fledged Public Co) has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 70.00 Cr registered on 10 Nov 2014 with Charge ID 10533560 was modified on 27 Mar 2024.

    27 Mar 2024

  • Director Appointment

    Raman Malhotra was appointed as a Cfo was appointed as a Cfo on 08 Mar 2024 & has been associated with this company since 10 months 24 days .

    08 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Nrb Bearings Limited (Full Fledged Public Co) was incorporated on 30 Jun 1965.

  • The authorized share capital of Nrb Bearings Limited (Full Fledged Public Co) is ₹ 20.00 Cr and paid-up capital is ₹ 19.38 Cr.

  • Currently 8 directors are associated with Nrb Bearings Limited (Full Fledged Public Co).

    • Harshbeena Sahney Zaveri
    • Ashank Datta Desai
    • Jayavardhan Dhar Diwan
    • Bapsy Faroukh Dastur
    • Raman Malhotra
    • Ms Shruti Joshi
    • Rustom Jamshed Desai
    • Satish Chellaram Rangani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nrb Bearings Limited (Full Fledged Public Co) is Dhannur 15 Sir P. M. Road Fort, India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Nrb Bearings Limited (Full Fledged Public Co) is L29130MH1965PLC013251 and the company number is 013251 as per Ministry of Corporate Affairs (MCA).

  • Yes, Nrb Bearings Limited (Full Fledged Public Co) is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): NRBBEARING.

  • The Official website of Nrb Bearings Limited (Full Fledged Public Co) is https://www.nrbbearings.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nrb Bearings Limited (Full Fledged Public Co) has risen by 12.89%.

  • As Per 2023 financial reports, 184 employees are currently employed by Nrb Bearings Limited (Full Fledged Public Co).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nrb Bearings Limited (Full Fledged Public Co) has experienced an upsurge of 11.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nrb Bearings Limited (Full Fledged Public Co) amount to ₹ 417.00 Cr.

  • The most recent Balance Sheet for Nrb Bearings Limited (Full Fledged Public Co) was filed with the ROC on 31 Mar 2024.

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