NRB Bearing Limited — PPTs, 21-11-2024: Investor Presentation

NRB Bearings Limited reported a robust financial performance for Q2 FY 2024-25, showcasing total income of Rs. 312 crore, reflecting a year-over-year growth of 9.8%. EBITDA increased by 23.0% to Rs. 62 crore, while profit after tax (PAT) surged 45.9% to Rs. 36 crore. For the half-year period, total income stood at Rs. 606 crore, up 8.1%, with EBITDA and PAT showing growth rates of 9.0% and 41.1%, respectively.

The rise in revenue was largely driven by strong performance in the passenger car segment and contributions from the Thailand subsidiary, which saw a 13.5% rise in top-line revenue on a year-over-year basis. The company achieved quarterly EBITDA margins of 19.9%, supported by an effective product mix and cost control initiatives. EPS improved significantly, reaching Rs. 3.64 for Q2, an increase from Rs. 2.48 in the same quarter last year.

Management expressed satisfaction with ongoing recovery in the 2-wheeler segment, highlighting the restoration of all production lines. Overall, NRB Bearings presents a positive outlook, poised for continued growth in both operational efficiency and market demand.