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NRB Industrial Bearings Ltd. (IN:NIBL)
:NIBL
India Market
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NRB Industrial Bearings Ltd. (NIBL) AI Stock Analysis

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IN:NIBL

NRB Industrial Bearings Ltd.

(NIBL)

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Neutral 43 (OpenAI - Gpt-5.6Sol)
Rating:43Neutral
Price Target:
₹30.00
▼(-17.81% Downside)
Action:Reiterated
Date:09/06/26
The score is primarily constrained by weak financial performance—especially negative equity, rising debt, and recent losses with negative free cash flow. Technical indicators add a modestly bearish bias (price below key moving averages and negative MACD), while valuation offers limited support given a negative P/E and no dividend yield provided.
Positive Factors
Industrial Bearings Focus
The company serves an established industrial-components need rather than relying on a single consumer product or narrow application. Bearings used across machinery and multiple end-markets can support repeat demand and provide a broader base for customer and product development.
Negative Factors
Severely Negative Equity
Deeply negative equity is a durable solvency weakness because liabilities exceed the recorded asset base. It can restrict financing flexibility, increase dependence on creditors or capital support, and make the company less resilient if operating performance remains under pressure.
Read all positive and negative factors
Positive Factors
Negative Factors
Industrial Bearings Focus
The company serves an established industrial-components need rather than relying on a single consumer product or narrow application. Bearings used across machinery and multiple end-markets can support repeat demand and provide a broader base for customer and product development.
Read all positive factors

NRB Industrial Bearings Ltd. (NIBL) vs. iShares MSCI India ETF (INDA)

NRB Industrial Bearings Ltd. Business Overview & Revenue Model

Company Description
NRB Industrial Bearings Ltd. engages in the manufacture and sale of industrial bearings. Its products include angular contact ball bearings, cam followers, bottom roller bearings, wide inner ring ball bearings, cylindrical roller bearings, spheric...
How the Company Makes Money
NIBL primarily makes money by selling bearing products to customers (typically OEMs, industrial users, and/or distributors), generating revenue recognized upon shipment/delivery under customer contracts. Key revenue streams are expected to include...

NRB Industrial Bearings Ltd. Financial Statement Overview

Summary
Overall financial quality is weak. Profitability is unstable with operating losses in most years and a large net loss in FY2026, cash flow has turned negative again (including negative free cash flow in FY2026), and the balance sheet is the key constraint with materially negative equity and rising debt—elevating solvency and financing risk.
Income Statement
22
Negative
Balance Sheet
9
Very Negative
Cash Flow
18
Very Negative
BreakdownMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue756.20M637.42M719.21M800.17M687.66M
Gross Profit97.58M57.36M339.55M90.95M79.26M
EBITDA-102.36M392.90M-68.61M59.25M72.06M
Net Income-294.60M186.38M-259.97M-128.90M-100.96M
Balance Sheet
Total Assets1.21B1.27B1.07B1.19B1.24B
Cash, Cash Equivalents and Short-Term Investments288.49M220.34M931.00K1.65M58.91M
Total Debt1.38B1.21B1.15B1.12B1.14B
Total Liabilities1.76B1.51B1.47B1.37B1.34B
Stockholders Equity-551.21M-237.49M-407.10M-181.26M-91.61M
Cash Flow
Free Cash Flow-104.29M0.0032.71M23.57M-31.48M
Operating Cash Flow-62.08M-221.47M37.84M37.50M-8.38M
Investing Cash Flow-3.43M258.23M-2.17M-17.65M-21.05M
Financing Cash Flow48.62M-19.01M-36.39M-76.62M45.82M

NRB Industrial Bearings Ltd. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price36.50
Price Trends
50DMA
32.90
Negative
100DMA
31.89
Negative
200DMA
31.21
Positive
Market Momentum
MACD
-0.53
Negative
RSI
47.10
Neutral
STOCH
26.95
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NIBL, the sentiment is Neutral. The current price of 36.5 is above the 20-day moving average (MA) of 31.50, above the 50-day MA of 32.90, and above the 200-day MA of 31.21, indicating a neutral trend. The MACD of -0.53 indicates Negative momentum. The RSI at 47.10 is Neutral, neither overbought nor oversold. The STOCH value of 26.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:NIBL.

NRB Industrial Bearings Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
67
Neutral
₹75.65B36.062.63%-38.60%-60.08%
65
Neutral
₹248.21B58.870.15%13.01%-7.32%
64
Neutral
₹40.73B26.190.34%20.22%69.59%
60
Neutral
₹7.82B29.612.49%-9.28%-46.61%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
50
Neutral
₹132.45B120.750.14%8.55%-74.66%
43
Neutral
₹761.81M-2.6011.94%-243.51%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:NIBL
NRB Industrial Bearings Ltd.
33.61
3.58
11.92%
IN:HARSHA
Harsha Engineers International Ltd.
446.20
40.71
10.04%
IN:RKFORGE
Ramkrishna Forgings Ltd
710.70
135.03
23.46%
IN:SKFINDIA
SKF India Limited
1,528.60
-721.96
-32.08%
IN:STERTOOLS
Sterling Tools Limited
213.60
-111.48
-34.29%
IN:TIMKEN
Timken India Limited
3,300.35
280.84
9.30%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 06, 2026