NRB Bearing Limited — Investor Meet, 13-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

NRB Bearings delivered a strong Q1 FY27, with consolidated revenue up 19.2% YoY to 370 Cr and consolidated PAT rising 15% YoY to 38 Cr. Standalone sales jumped 14.7% YoY, and PAT surged 31.7% YoY, showcasing robust performance. Management highlighted a successful strategic pivot, leveraging R&D and advanced manufacturing into six high-growth verticals like aerospace, electrification (EV-agnostic), and robotics, targeting USD 10-14 billion markets. Aerospace, particularly from the MTR acquisition, aims for 300 Cr revenue and 90 Cr profit by 2031. A significant win includes a GM Corvette program order via the new US facility, bolstering its 'Make in USA' strategy. The Unitec JV moved to Aurangabad, with a 110 Cr investment for 130 Cr capacity, commissioning by April '27. Lifetime nominated business expanded to 1,100 Cr. Management remains confident, eyeing sustainable growth while maintaining 18-20% annual margins and an FY31 revenue aspiration of 3,000 Cr, up from the implied 2,730 Cr based on recent performance.