NRB Bearings Ltd approves capex of Rs. 200 crores

The Board of Directors of NRB BEARINGS LIMITED, at their meeting held today i.e. April 25, 2025, have, considered and approved the capital investment of INR 200 Crores for upgradation and enhancement of capacity at R & D Centre, Jalna, Chikalthana, Waluj and Hyderabad plant.

The Company presently provides various types of friction solutions for Indian and global customers. This capacity addition is to our existing product lines including Taper Roller Bearings, Ball Bearings, Wide Inner Ring Bearings, Spherical roller Bearings, Cylindrical roller bearings, Needle roller bearings and Thrust Bearings. The company's current capacity is almost fully utilised.

It is estimated that the proposed expansion over 2 years will lead to capacity enhancement of 15% to 25% higher volume for various product families depending on product mix, as this will be based on Customer's demand. Some of the capacity (such as grinding) is across various product families.

The Company is large range manufacturing, making many types of bearings & friction solutions, supplies bearings and friction solutions in India and for international markets, where in there is good demand forecast for its products.

Shares of NRB Bearing Limited was last trading in BSE at Rs. 226.20 as compared to the previous close of Rs. 236.30. The total number of shares traded during the day was 72878 in over 1895 trades.

The stock hit an intraday high of Rs. 235.00 and intraday low of 221.15. The net turnover during the day was Rs. 16506847.00.

Source : Equity Bulls

Keywords

NRBBearings INE349A01021 IndustrialMachinery Capex