NRB Bearings announces ₹200 Crore Capacity Expansion to Support Major European OEM Programs

The Board of Directors of NRB Bearings Limited ("Company"/ "NRB"), India's pioneer in needle roller bearings and a key player across mobility solutions, has approved a significant capacity expansion plan to support its growing pipeline of lifetime nominated business, amounting to ₹600 crore, from leading European Tier 1 customers. This expansion is aimed at supporting BMW, Stellantis and Renault across their next-generation vehicle platforms, including EVs, Hybrids, and ICE models.

The Company has been nominated by Magna, and other major European customer, for advanced hybrid, electric, and ICE programs for BMW, Stellantis, and Renault.These nominations span all models under the OEMs' next-generation common platforms. The company's cutting-edge bearing solutions have been co-developed in collaboration with the OEMs to meet the advanced technical requirements of these future-ready platforms.

To support this growing demand, the company will invest approximately ₹200 crore over the next two years in expanding and upgrading its manufacturing capabilities and R&D . The capex will be directed toward enhancing capacities for Cylindrical Roller Bearings, Needle Roller Bearings, Thrust and Combination Bearings and Taper Roller Bearings. The investment will also cover upgrades in heat treatment capabilities, infrastructure development, and downstream integration to improve efficiency and scalability.

Additionally, the company continues to deepen its presence in the EV and hybrid vehicle segment. The company has secured additional lifetime business worth ₹12 crore for the next-generation E-Drive platforms of premium all-electric vehicles from BMW, Stellantis, Renault, and Mercedes-Benz. This is incremental to its already nominated business of ₹400 crore for these platforms, with supply commitments extending through 2030.

This strategic expansion complements the company's strong presence across current-generation models and reinforces its position as a key supplier of high-precision bearing solutions for leading European automotive manufacturers.

Commenting on the performance, Ms. Harshbeena Zaveri, Managing Director said, "These new nominations reaffirm our position as a trusted partner for Tier 1s and global OEMs. Our ability to win critical programs across EV, Hybrid and ICE platforms demonstrates both the strength of our engineering and our focus on execution. With our expanded capacity and deepening role in E-Drive systems, the Company is well-positioned to support the future of mobility."

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

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