NRBBEARING
NRB Bearing Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
NRBBEARING
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹410 today
BEAR
₹308
-25%
50.4% a year · 13.9x exit
BASE
₹448
+9%
87.2% a year · 16.2x exit
BULL
₹651
+59%
118.6% a year · 20.2x exit
Where the market has priced it
12x28x today — outside the range25x
- at 28x its FY26 earnings the stock already trades above the top of its own ten-year range (20x)
- this company's own median multiple sits 35% below its filed-industry peers; the scenario uses its own
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹14.73 (screener) |
|---|---|
| Guided growth | 87.2% a year, said on the call of 14-May-2026 · transcript |
| Read across as | operating: absolute ₹ revenue target — medium confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 13.89x / 16.25x / 20.23x, this company’s own p20 / median / p80 across 10 filed years |
| Filed-industry peers | median 25.12x across 38 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)1 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from a third-party research digest · not our own extraction
implied earnings growth 87%
Projected 10-14% international business growth in FY27; capex of INR120 crores for FY27 (part of INR240 crores over 18 months); concrete revenue target of INR2,500 crores by 2031; industrial segment to reach 20-25% of revenue with 30% EBITDA margins in aerospace
Call 14-May-2026 · bridge confidence medium · transcript PDF