NRB Bearing Limited (NRBBEARING) - Net Assets
Based on the latest financial reports, NRB Bearing Limited (NRBBEARING) has net assets worth Rs9.73 Billion INR (≈ $105.26 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs13.31 Billion ≈ $143.92 Million USD) and total liabilities (Rs3.58 Billion ≈ $38.66 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 NRBBEARING asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs9.73 Billion |
| % of Total Assets | 73.14% |
| Annual Growth Rate | 11.64% |
| 5-Year Change | 77.06% |
| 10-Year Change | 230.63% |
| Growth Volatility | 9.89 |
NRB Bearing Limited - Net Assets Trend (2005–2025)
This chart illustrates how NRB Bearing Limited's net assets have evolved over time, based on quarterly financial data. Also explore NRBBEARING current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for NRB Bearing Limited (2005–2025)
The table below shows the annual net assets of NRB Bearing Limited from 2005 to 2025. For live valuation and market cap data, see market value of NRB Bearing Limited.
| Year | Net Assets | Change |
|---|---|---|
| 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 grown by 739390000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs7.39 Billion | 80.53% |
| Common Stock | Rs193.80 Million | 2.11% |
| Other Comprehensive Income | Rs1.51 Billion | 16.44% |
| Other Components | Rs84.80 Million | 0.92% |
| Total Equity | Rs9.18 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 |
|---|---|
|
Hutchison Telecommunications (Australia) Ltd
AU:HTA
|
$297.71 Million |
|
Orell Fuessli Holding AG
SW:OFN
|
$297.92 Million |
|
RMR Group Inc
NASDAQ:RMR
|
$298.04 Million |
|
Tus-Design Group Co Ltd Class A
SHE:300500
|
$298.11 Million |
|
NEXCOM International Co Ltd
TWO:8234
|
$297.67 Million |
|
Kizilbuk Gayrimenkul Yatirim Ortakligi AS
IS:KZBGY
|
$297.44 Million |
|
QST International
TWO:8349
|
$297.37 Million |
|
Imexpharm Corp
VN:IMP
|
$297.25 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 2024 to 2025, total equity changed from 8,599,100,000 to 9,181,700,000, a change of 582,600,000 (6.8%).
- Net income of 794,400,000 contributed positively to equity growth.
- Dividend payments of 11,700,000 reduced retained earnings.
- Other comprehensive income increased equity by 38,200,000.
- Other factors decreased equity by 238,300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs794.40 Million | +8.65% |
| Dividends Paid | Rs11.70 Million | -0.13% |
| Other Comprehensive Income | Rs38.20 Million | +0.42% |
| Other Changes | Rs-238.30 Million | -2.6% |
| Total Change | Rs- | 6.78% |
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: 3.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 25.69x to 3.00x 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 | Rs284.02 | x |
| 2006-03-31 | Rs13.19 | Rs284.02 | x |
| 2007-03-31 | Rs15.77 | Rs284.02 | x |
| 2008-03-31 | Rs17.88 | Rs284.02 | x |
| 2009-03-31 | Rs17.12 | Rs284.02 | x |
| 2010-03-31 | Rs18.19 | Rs284.02 | x |
| 2011-03-31 | Rs21.36 | Rs284.02 | x |
| 2012-03-31 | Rs24.12 | Rs284.02 | x |
| 2013-03-31 | Rs20.43 | Rs284.02 | x |
| 2014-03-31 | Rs22.60 | Rs284.02 | x |
| 2015-03-31 | Rs26.23 | Rs284.02 | x |
| 2016-03-31 | Rs28.80 | Rs284.02 | x |
| 2017-03-31 | Rs32.71 | Rs284.02 | x |
| 2018-03-31 | Rs39.00 | Rs284.02 | x |
| 2019-03-31 | Rs48.55 | Rs284.02 | x |
| 2020-03-31 | Rs47.14 | Rs284.02 | x |
| 2021-03-31 | Rs53.42 | Rs284.02 | x |
| 2022-03-31 | Rs60.73 | Rs284.02 | x |
| 2023-03-31 | Rs68.92 | Rs284.02 | x |
| 2024-03-31 | Rs88.72 | Rs284.02 | x |
| 2025-03-31 | Rs94.70 | Rs284.02 | 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): 8.65%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.63%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 1.42x
- Recent ROE (8.65%) is below the historical average (18.16%), 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 |
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: $22,307,825,900
- Average return on equity (ROE) among peers: 7.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NRB Bearing Limited (NRBBEARING) | Rs9.73 Billion | 25.51% | 0.37x | $297.70 Million |
| Asahi India Glass Limited (ASAHIINDIA) | $2.16 Billion | 7.78% | 8.56x | $2.31 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $10.43 Billion | 23.74% | 0.84x | $937.98 Million |
| Balkrishna Industries Limited (BALKRISIND) | $46.54 Billion | 16.62% | 0.39x | $4.52 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $9.82 Billion | 15.53% | 0.56x | $956.83 Million |
| Bharat Gears Limited (BHARATGEAR) | $795.74 Million | -23.60% | 3.70x | $17.81 Million |
| Bosch Limited (BOSCHLTD) | $106.80 Billion | 11.41% | 0.44x | $11.48 Billion |
| CEAT Limited (CEATLTD) | $27.90 Billion | 9.04% | 1.30x | $1.50 Billion |
| CIE Automotive India Limited (CIEINDIA) | $1.77 Billion | -6.74% | 0.78x | $1.94 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $11.36 Billion | 14.36% | 1.36x | $1.98 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $5.51 Billion | 9.28% | 0.16x | $238.35 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