Dolat Capital: NRB Bearings’ Countdown To Growth Begins  
A worker measures a ball-bearing casing. (Photographer: Giuseppe Aresu/Bloomberg News)

Dolat Capital: NRB Bearings’ Countdown To Growth Begins  

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

NRB Bearings Ltd. is the largest manufacturer of needle roller bearings in India, with approximately 70% market share.

With an increased emphasis on weight reduction in vehicles and lower space utilisation, applications for needle roller bearings will continue to increase.

In the past two years, slowdown in original equipment manufacturers demand, both in India and global markets, impacted the company’s bearing earnings.

However, we sense that the worst is behind and forecast strong earnings growth over the next two to three years.

Click on the attachment to read the full report:

Dolat Capital NRB Bearing Company Update.pdf

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