Nrb Industrial Bearings Limited

Manufacturer and trader of industrial bearings for various industries, part of NRB group.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated: December 22, 2024

Nrb Industrial Bearings Profile

Key Indicators

  • Authorised Capital ₹ 99.00 Cr
  • Paid Up Capital ₹ 4.85 Cr
  • Company Age 13 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 38.21 Cr
  • Satisfied Charges ₹ 88.38 Cr
  • Revenue Growth 22.46%
  • Profit Growth -332.76%
  • Ebitda -3.70%
  • Net Worth -175.28%
  • Total Assets -2.71%

About Nrb Industrial Bearings

Nrb Industrial Bearings Limited (NIBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 February 2011 and has a history of 13 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 535458 and on the National Stock Exchange(NSE) under BE : NIBL.

The Corporate was formerly known as Nrb Industrial Bearings Private 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 99.00 Cr and a paid-up capital of Rs 4.85 Cr.

The company currently has active open charges totaling ₹38.21 Cr. The company has closed loans amounting to ₹88.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nrb Industrial Bearings Limited India are Gulestan Kolah as CFO and Vandana Yadav as Company Secretary. Devesh Sahney, Samrat Zaveri, Anurag Toshniwal, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L29253MH2011PLC213963

  • Company No.

    213963

  • Stock Symbol

    BSE : 535458 NSE : BE : NIBL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 2011

  • Date of AGM

    07 Aug 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 Industrial Bearings Limited offer?

Nrb Industrial Bearings Limited offers a wide range of products and services, including Ball Bearing Assemblies & Components, Metal And Non Metal Balls, Nails & Pins, Dowel Pins, Bearing Rollers, Ball Cage, Bearing Cages, Cylindrical Roller Bearing, Cylindrical Bearings, Ball Bearings.

Who are the key members and board of directors at Nrb Industrial Bearings?

Executive Team (3)

NameDesignationAppointment DateStatus
Devesh Sahney Country flag representing In Managing Director24-Feb-2011Current
Gulestan Kolah CFO04-Feb-2020Current
Vandana Yadav Country flag representing In Company Secretary24-May-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Anurag Toshniwal Country flag representing In Director 25-May-2023Current
Samrat Zaveri Country flag representing In Director 07-Nov-2020Current
Aarti Sahney Country flag representing In Director 07-Oct-2019Current
Sejal Mehta Country flag representing In Director 25-May-2023Current

Financial Performance of Nrb Industrial Bearings.

Nrb Industrial Bearings Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 22.46% increase. The company also saw a substantial fall in profitability, with a 332.76% decrease in profit. The company's net worth observed a substantial decline by a decrease of 175.28%.

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
22.46%
Revenue from Operations
23.11%
Total Assets
-2.71%
Profit or Loss
-332.76%
Net Worth
-175.28%
EBITDA
-3.70%

What is the Ownership and Shareholding Structure of Nrb Industrial Bearings?

In 2022, Nrb Industrial Bearings had a promoter holding of 74.07% and a public holding of 25.92%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹38.21 Cr

Satisfied Charges

₹88.38 Cr

Charges Breakdown by Lending Institutions

  • Others : 38.21 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2023Others₹13.75 CrOpen
31 Dec 2021Others₹9.80 MOpen
02 Dec 2021Others₹1.74 MOpen
07 Jul 2021Others₹1.40 CrOpen
17 Jun 2021Others₹4.75 CrOpen

How Many Employees Work at Nrb Industrial Bearings?

Nrb Industrial Bearings has a workforce of 283 employees as of Mar 31, 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 Industrial Bearings, 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 Industrial Bearings'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 Industrial Bearings

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 13.75 Cr registered on 30 Mar 2023 with Charge ID 100712638 was modified on 28 Nov 2024.

    28 Nov 2024

  • Annual General Meeting

    Nrb Industrial Bearings Limited last Annual general meeting of members was held on 07 Aug 2024 as per latest MCA records.

    07 Aug 2024

  • Charges

    A charge registered on 31 Oct 2019 via Charge ID 100303244 with Standard Chartered Bank was fully satisfied on 28 May 2024.

    28 May 2024

  • Charges

    A charge registered on 31 Jul 2018 via Charge ID 100211706 with Others was fully satisfied on 23 Apr 2024.

    23 Apr 2024

  • Charges

    A charge registered on 15 Jul 2019 via Charge ID 100278669 with Others was fully satisfied on 17 Apr 2024.

    17 Apr 2024

  • Balance Sheet

    Nrb Industrial Bearings Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Nrb Industrial Bearings Limited was incorporated on 24 Feb 2011.

  • The authorized share capital of Nrb Industrial Bearings Limited is ₹ 99.00 Cr and paid-up capital is ₹ 4.85 Cr.

  • Currently 7 directors are associated with Nrb Industrial Bearings Limited.

    • Devesh Singh Sahney
    • Samrat Nirmal Zaveri
    • Anurag Toshniwal
    • Aarti Devesh Sahney
    • Sejal Dinesh Mehta
    • Gulestan Kolah
    • Vandana Yadav
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nrb Industrial Bearings Limited is 15 Dhannur Sir P. M. Road, Fort India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Nrb Industrial Bearings Limited is L29253MH2011PLC213963 and the company number is 213963 as per Ministry of Corporate Affairs (MCA).

  • Yes, Nrb Industrial Bearings Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BE : NIBL.

  • The Official website of Nrb Industrial Bearings Limited is https://www.nrbindustrialbearings.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Nrb Industrial Bearings Limited has risen by 22.46%.

  • As Per 2022 financial reports, 283 employees are currently employed by Nrb Industrial Bearings Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Nrb Industrial Bearings Limited has experienced an downturn of -175.28%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Nrb Industrial Bearings Limited amount to ₹ 38.21 Cr.

  • The most recent Balance Sheet for Nrb Industrial Bearings Limited was filed with the ROC on 31 Mar 2024.

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