NRB Bearings Reports ₹386.36 Crore Q2 Revenue, Declares Dividend

NRB Bearings Limited reported consolidated revenue of ₹386.36 crore for Q2 FY27, up 18.8% year on year, while consolidated net profit fell 12.5% to ₹36.24 crore; the board also declared an interim dividend of ₹2.50 per equity share. The dividend record date is November 11, 2026.

What did NRB Bearings approve at its November 4 board meeting?

NRB Bearings approved its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, at its board meeting on November 4. The company also approved the related limited review report, whose conclusion was unmodified, and declared an interim dividend for FY27.

The disclosure brings together the company’s quarterly earnings update and its shareholder distribution decision. The ₹2.50 dividend is equal to 125% of the ₹2 face value of each equity share. It follows a board meeting that had been scheduled to consider Q2 and first-half financial results as well as an interim dividend.

The reported figures show a difference between the standalone and consolidated performance measures. Standalone revenue was ₹348.05 crore and standalone profit after tax was ₹31.76 crore for the period cited in the disclosure. Consolidated Q2 revenue stood at ₹386.36 crore, while consolidated net profit was ₹36.24 crore.

How did NRB Bearings perform in Q2 FY27?

NRB Bearings recorded consolidated revenue of ₹386.36 crore in Q2 FY27, representing year-on-year growth of 18.8%, while consolidated net profit declined 12.5% year on year to ₹36.24 crore. Based on the disclosed Q2 figures, EBITDA margin was calculated at 17.3%.

On a standalone basis, profit after tax declined to ₹31.76 crore from ₹36.46 crore in the corresponding period a year earlier despite revenue growth. This means the reported revenue expansion did not translate into higher standalone profit after tax for the comparable quarter.

The first-half results also included an exceptional insurance gain of ₹2.65 crore on a consolidated basis. The company’s disclosure identifies this as an exceptional item, which is relevant when comparing profit measures across periods. No further breakdown of the cost or operating drivers behind the year-on-year change in quarterly profit was provided in the supplied information.

What are the terms of the ₹2.50 interim dividend?

NRB Bearings declared an interim dividend of ₹2.50 per equity share, or 125% of face value, with November 11, 2026 set as the record date. Shareholders whose names are recorded as eligible holders at the close of business on that date will qualify for the payment.

For physical shareholders, eligibility will be determined from the Register of Members. For shares held in dematerialised form, the company will use the list of beneficial holders furnished by depositories. The dividend is subject to tax deducted at source under the Income Tax Act, 1961.

The company said payments will be made within 30 days from the declaration date to shareholders who have provided their bank details to the registrar and transfer agent or depositories. Investors therefore need to distinguish the November 11 record date from earlier FY26 dividend dates cited in the company’s historical disclosures.

How does this dividend compare with NRB Bearings' earlier payouts?

The ₹2.50 per-share FY27 interim dividend matches the first interim dividend declared for FY26 on October 24, 2025. During FY26, NRB Bearings also declared a second interim dividend of ₹3.20 per share in February 2026 and recommended a third interim dividend of ₹2.25 per share in May 2026.

The most recent preceding distribution was the ₹2.25 per-share interim dividend declared on May 7, 2026. Its ex-date and record date were both May 13, 2026. The supplied market data listed a yield of 0.66% at that ex-date, but no current share price or dividend yield has been provided for the November 2026 dividend.

Why do the results and dividend matter for investors?

NRB Bearings' Q2 update matters because it combines double-digit consolidated revenue growth with lower consolidated and standalone profit measures. Investors assessing the quarterly performance can compare the 18.8% increase in consolidated revenue with the 12.5% fall in consolidated net profit and the decline in standalone profit after tax to ₹31.76 crore.

The interim dividend provides a defined cash distribution of ₹2.50 per share, but its yield will depend on the market price of the shares around the relevant date. The disclosed record date is the key operational date for determining eligibility, while the stated 30-day payment window clarifies the expected timing for eligible investors.

For broader context, NRB Bearings had reported consolidated net revenue from operations of ₹1,335.15 crore in the previous fiscal year, compared with ₹1,198.61 crore in the fiscal year before that. Consolidated profit before tax and exceptional items was ₹201.23 crore, up 21.8% from ₹165.22 crore. Those annual figures provide a backdrop to the Q2 FY27 revenue increase, although they are not directly comparable with a single quarter.

Conclusion

NRB Bearings' November 4 announcement showed revenue growth in Q2 FY27 but lower reported profit, alongside an interim dividend of ₹2.50 per share. Consolidated revenue reached ₹386.36 crore and net profit was ₹36.24 crore, while standalone profit after tax was ₹31.76 crore against ₹36.46 crore in the year-earlier period.

The immediate date for shareholders is November 11, 2026, when eligibility for the dividend will be determined. Investors can next track the dividend payment within the company’s stated 30-day period and subsequent disclosures for further detail on financial performance after the September quarter.