NRB Bearing Limited (NRBBEARING) - Net Assets
Based on the latest financial reports, NRB Bearing Limited (NRBBEARING) has net assets worth Rs9.83 Billion INR (≈ $106.31 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs13.56 Billion ≈ $146.61 Million USD) and total liabilities (Rs3.73 Billion ≈ $40.29 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check NRB Bearing Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs9.83 Billion |
| % of Total Assets | 72.52% |
| Annual Growth Rate | 11.31% |
| 5-Year Change | 63.38% |
| 10-Year Change | 204.77% |
| Growth Volatility | 9.77 |
NRB Bearing Limited - Net Assets Trend (2005–2026)
This chart illustrates how NRB Bearing Limited's net assets have evolved over time, based on quarterly financial data. See NRB Bearing Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for NRB Bearing Limited (2005–2026)
The table below shows the annual net assets of NRB Bearing Limited from 2005 to 2026. For live valuation and market cap data, see market value of NRB Bearing Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs9.83 Billion ≈ $106.31 Million |
+4.97% |
| 2025-03-31 | Rs9.36 Billion ≈ $101.27 Million |
+6.90% |
| 2024-03-31 | Rs8.76 Billion ≈ $94.73 Million |
+28.38% |
| 2023-03-31 | Rs6.82 Billion ≈ $73.79 Million |
+13.41% |
| 2022-03-31 | Rs6.02 Billion ≈ $65.07 Million |
+13.76% |
| 2021-03-31 | Rs5.29 Billion ≈ $57.20 Million |
+13.40% |
| 2020-03-31 | Rs4.66 Billion ≈ $50.44 Million |
-2.81% |
| 2019-03-31 | Rs4.80 Billion ≈ $51.90 Million |
+24.44% |
| 2018-03-31 | Rs3.86 Billion ≈ $41.71 Million |
+19.56% |
| 2017-03-31 | Rs3.23 Billion ≈ $34.88 Million |
+13.88% |
| 2016-03-31 | Rs2.83 Billion ≈ $30.63 Million |
+10.17% |
| 2015-03-31 | Rs2.57 Billion ≈ $27.80 Million |
+16.09% |
| 2014-03-31 | Rs2.21 Billion ≈ $23.95 Million |
+10.87% |
| 2013-03-31 | Rs2.00 Billion ≈ $21.60 Million |
-14.85% |
| 2012-03-31 | Rs2.35 Billion ≈ $25.37 Million |
+13.39% |
| 2011-03-31 | Rs2.07 Billion ≈ $22.37 Million |
+18.25% |
| 2010-03-31 | Rs1.75 Billion ≈ $18.92 Million |
+6.31% |
| 2009-03-31 | Rs1.65 Billion ≈ $17.80 Million |
-4.08% |
| 2008-03-31 | Rs1.72 Billion ≈ $18.56 Million |
+14.20% |
| 2007-03-31 | Rs1.50 Billion ≈ $16.25 Million |
+20.57% |
| 2006-03-31 | Rs1.25 Billion ≈ $13.48 Million |
+20.32% |
| 2005-03-31 | Rs1.04 Billion ≈ $11.20 Million |
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Equity Component Analysis
This analysis shows how different components contribute to NRB Bearing Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs193.80 Million | 2.01% |
| Other Components | Rs9.43 Billion | 97.99% |
| Total Equity | Rs9.63 Billion | 100.00% |
NRB Bearing Limited Competitors by Market Cap
The table below lists competitors of NRB Bearing Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sichuan Huiyuan Optical Com
SHE:000586
|
$446.39 Million |
|
Consolidated Water Co. Ltd
F:CW2
|
$446.41 Million |
|
KG Mobility Corp.
KO:003620
|
$446.41 Million |
|
Jiangsu Rutong Petro-Machinery
SHG:603036
|
$446.45 Million |
|
Advanced Enzyme Technologies Limited
NSE:ADVENZYMES
|
$446.31 Million |
|
Prothena Corporation plc
NASDAQ:PRTA
|
$446.25 Million |
|
Hampidjan hf
IC:HAMP
|
$446.23 Million |
|
Tianjin Binhai Energy & Development Co Ltd
SHE:000695
|
$445.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NRB Bearing Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 9,181,700,000 to 9,626,300,000, a change of 444,600,000 (4.8%).
- Net income of 1,427,500,000 contributed positively to equity growth.
- Dividend payments of 967,600,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,509,200,000.
- Other factors increased equity by 1,493,900,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.43 Billion | +14.83% |
| Dividends Paid | Rs967.60 Million | -10.05% |
| Other Comprehensive Income | Rs-1.51 Billion | -15.68% |
| Other Changes | Rs1.49 Billion | +15.52% |
| Total Change | Rs- | 4.84% |
Book Value vs Market Value Analysis
This analysis compares NRB Bearing Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.29x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 38.52x to 4.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs11.05 | Rs425.85 | x |
| 2006-03-31 | Rs13.19 | Rs425.85 | x |
| 2007-03-31 | Rs15.77 | Rs425.85 | x |
| 2008-03-31 | Rs17.88 | Rs425.85 | x |
| 2009-03-31 | Rs17.12 | Rs425.85 | x |
| 2010-03-31 | Rs18.19 | Rs425.85 | x |
| 2011-03-31 | Rs21.36 | Rs425.85 | x |
| 2012-03-31 | Rs24.12 | Rs425.85 | x |
| 2013-03-31 | Rs20.43 | Rs425.85 | x |
| 2014-03-31 | Rs22.60 | Rs425.85 | x |
| 2015-03-31 | Rs26.23 | Rs425.85 | x |
| 2016-03-31 | Rs28.80 | Rs425.85 | x |
| 2017-03-31 | Rs32.71 | Rs425.85 | x |
| 2018-03-31 | Rs39.00 | Rs425.85 | x |
| 2019-03-31 | Rs48.55 | Rs425.85 | x |
| 2020-03-31 | Rs47.14 | Rs425.85 | x |
| 2021-03-31 | Rs53.42 | Rs425.85 | x |
| 2022-03-31 | Rs60.73 | Rs425.85 | x |
| 2023-03-31 | Rs68.92 | Rs425.85 | x |
| 2024-03-31 | Rs88.72 | Rs425.85 | x |
| 2025-03-31 | Rs94.70 | Rs425.85 | x |
| 2026-03-31 | Rs99.33 | Rs425.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NRB Bearing Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.83%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.69%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 1.41x
- Recent ROE (14.83%) is below the historical average (18.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 25.51% | 12.43% | 1.15x | 1.78x | Rs166.19 Million |
| 2006 | 27.26% | 13.33% | 1.03x | 1.99x | Rs220.73 Million |
| 2007 | 27.30% | 13.44% | 1.03x | 1.98x | Rs264.33 Million |
| 2008 | 19.99% | 10.54% | 0.90x | 2.12x | Rs173.16 Million |
| 2009 | 1.77% | 1.00% | 0.80x | 2.22x | Rs-136.60 Million |
| 2010 | 12.32% | 6.16% | 0.99x | 2.02x | Rs40.97 Million |
| 2011 | 26.43% | 11.56% | 1.04x | 2.20x | Rs340.23 Million |
| 2012 | 21.35% | 8.91% | 0.89x | 2.70x | Rs265.25 Million |
| 2013 | 23.83% | 7.98% | 0.99x | 3.02x | Rs273.79 Million |
| 2014 | 15.06% | 5.43% | 0.90x | 3.09x | Rs110.80 Million |
| 2015 | 20.94% | 7.94% | 0.91x | 2.89x | Rs278.11 Million |
| 2016 | 15.04% | 6.22% | 0.92x | 2.62x | Rs140.82 Million |
| 2017 | 17.02% | 7.42% | 0.98x | 2.34x | Rs222.70 Million |
| 2018 | 24.00% | 10.70% | 1.05x | 2.14x | Rs529.14 Million |
| 2019 | 23.00% | 11.34% | 1.01x | 2.01x | Rs611.68 Million |
| 2020 | 7.02% | 4.19% | 0.78x | 2.15x | Rs-136.09 Million |
| 2021 | 10.44% | 7.17% | 0.79x | 1.85x | Rs22.88 Million |
| 2022 | 12.45% | 7.85% | 0.87x | 1.83x | Rs144.12 Million |
| 2023 | 14.07% | 8.94% | 0.87x | 1.81x | Rs271.80 Million |
| 2024 | 27.84% | 21.89% | 0.88x | 1.44x | Rs1.53 Billion |
| 2025 | 8.65% | 6.63% | 0.92x | 1.42x | Rs-123.77 Million |
| 2026 | 14.83% | 10.69% | 0.98x | 1.41x | Rs464.87 Million |
Industry Comparison
This section compares NRB Bearing Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $21,441,198,600
- Average return on equity (ROE) among peers: 3.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NRB Bearing Limited (NRBBEARING) | Rs9.83 Billion | 25.51% | 0.38x | $446.37 Million |
| Asahi India Glass Limited (ASAHIINDIA) | $1.50 Billion | -44.61% | 14.16x | $2.45 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $6.22 Billion | 17.07% | 0.52x | $972.63 Million |
| Balkrishna Industries Limited (BALKRISIND) | $46.54 Billion | 16.62% | 0.39x | $4.66 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $4.73 Billion | 12.97% | 0.82x | $1.05 Billion |
| Bharat Gears Limited (BHARATGEAR) | $709.19 Million | 0.34% | 2.78x | $21.76 Million |
| Bosch Limited (BOSCHLTD) | $83.97 Billion | 12.05% | 0.33x | $12.45 Billion |
| CEAT Limited (CEATLTD) | $34.57 Billion | 5.39% | 1.79x | $1.49 Billion |
| CIE Automotive India Limited (CIEINDIA) | $19.02 Billion | -4.11% | 1.62x | $1.93 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $11.36 Billion | 14.36% | 1.36x | $2.41 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $5.80 Billion | 6.85% | 0.11x | $285.12 Million |
About NRB Bearing Limited
NRB Bearings Limited, together with its subsidiaries, manufactures and sells ball and roller bearings for original equipment manufacturers in India and internationally. The company offers a range of friction solutions comprising drawn cup needle bearings, cylindrical roller bearings, polyamide and steel needle bearing cages, drawn cup cylindrical roller bearings, crank pins, full-complement needl… Read more