NRB Bearings reported consolidated revenue of INR 370 crores for the first quarter of fiscal 2027, a 19.2% increase from INR 310 crores a year earlier, while consolidated profit after tax rose 15% to INR 38 crores. Standalone sales grew 14.7%, standalone PAT jumped 31.7%, and standalone EBITDA climbed 21.7%. The company secured a production order for high-precision planet pins for the General Motors Corvette program, its first win for the new USA facility, and lifetime nominated business increased from INR 800 crores to INR 1,100 crores. Industrial business grew 34% year-over-year, now contributing 14% of total revenue, and the acquisition of Mahant Toolroom provides immediate access to aerospace and defense markets with an order book of approximately INR 50 crores. Management maintained a conservative margin guidance of 18-20% and noted that other expenses rose by INR 10 crores quarter-on-quarter due to cost escalations in electricity, logistics, and petroleum products.
General Motors CompanyRevenue up 19.2%, secured GM Corvette order, and lifetime nominations increased to INR 1,100 crores.
Acquisition provides NRB access to aerospace/defense markets, but Mahant Toolroom is not publicly listed.
