NRB Bearing Limited

rs,

November 19, 2021 BSE Limited Corporate Relationship Department 1st Floor, P.J. Towers, Dalal Street Mumbai 400 001 Code No. 530367/ NRBBEARING National Stock Exchange of India Limite

Rs. 433.14 crore

Investor Release: NRB Bearings Limited H1FY22 Financial Performance  Revenue at Rs. 433.14 crores, growth of 76% on y-o-y basis  EBITDA at Rs. 71.41 crores, growth of 374% on y-o-y basis  PAT

76%

se: NRB Bearings Limited H1FY22 Financial Performance  Revenue at Rs. 433.14 crores, growth of 76% on y-o-y basis  EBITDA at Rs. 71.41 crores, growth of 374% on y-o-y basis  PAT at Rs. 36.39 cro

Rs. 71.41 crore

2 Financial Performance  Revenue at Rs. 433.14 crores, growth of 76% on y-o-y basis  EBITDA at Rs. 71.41 crores, growth of 374% on y-o-y basis  PAT at Rs. 36.39 crores against Loss of Rs. 3.62 crores NRB Be

374%

Revenue at Rs. 433.14 crores, growth of 76% on y-o-y basis  EBITDA at Rs. 71.41 crores, growth of 374% on y-o-y basis  PAT at Rs. 36.39 crores against Loss of Rs. 3.62 crores NRB Bearings Limited, I

Rs. 36.39 crore

growth of 76% on y-o-y basis  EBITDA at Rs. 71.41 crores, growth of 374% on y-o-y basis  PAT at Rs. 36.39 crores against Loss of Rs. 3.62 crores NRB Bearings Limited, India’s premier bearing manufacturer has a

Rs. 3.62 crore

BITDA at Rs. 71.41 crores, growth of 374% on y-o-y basis  PAT at Rs. 36.39 crores against Loss of Rs. 3.62 crores NRB Bearings Limited, India’s premier bearing manufacturer has announced its financial results f

16.5%

EBITDA EBITDA Margins (%) Profit After Tax (PAT) PAT Margins (%) H1 FY22 433.14 71.41 16.5% 36.39 8.4% Quarterly Financial Highlights: Particulars (Rs. Crs.) Q2 FY22 Q2 FY21 24

8.4%

Margins (%) Profit After Tax (PAT) PAT Margins (%) H1 FY22 433.14 71.41 16.5% 36.39 8.4% Quarterly Financial Highlights: Particulars (Rs. Crs.) Q2 FY22 Q2 FY21 242.82 41.95

17.3%

Quarterly Financial Highlights: Particulars (Rs. Crs.) Q2 FY22 Q2 FY21 242.82 41.95 17.3% 22.57 9.3% 186.29 27.07 14.5% 9.28 5.0% Revenues (Sales) EBITDA EBITDA Margins

9.3%

nancial Highlights: Particulars (Rs. Crs.) Q2 FY22 Q2 FY21 242.82 41.95 17.3% 22.57 9.3% 186.29 27.07 14.5% 9.28 5.0% Revenues (Sales) EBITDA EBITDA Margins (%) Profit Af

14.5%

rticulars (Rs. Crs.) Q2 FY22 Q2 FY21 242.82 41.95 17.3% 22.57 9.3% 186.29 27.07 14.5% 9.28 5.0% Revenues (Sales) EBITDA EBITDA Margins (%) Profit After Tax (PAT) PAT Margi

“o Re-allocating our production lines to future Mobility solutions as with ICE two wheelers being phased out, NRB will be suppliers to the high performance and mass electric two- wheeler players who are future -focused.”

“Our strong export order book is another advantage, and we expect substantial and continuing growth in exports with the re-structuring of our subsidiaries.”

Investor Release

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Half Yearly Financial Highlights

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Quarterly Financial Highlights

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Key Highlights

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Revenue

1

Export

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EBITDA

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PAT

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Subsidiary companies

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Investor Relations Advisors

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Investor Release

NRB Bearings Limited H1FY22 Financial Performance  Revenue at Rs. 433.14 crores, growth of 76% on y-o-y basis  EBITDA at Rs. 71.41 crores, growth of 374% on y-o-y basis  PAT at Rs. 36.39 crores against Loss of Rs. 3.62 crores NRB Bearings Limited, India’s premier bearing manufacturer has announced its financial results for the quarter and half year ended 30th September 2021.

Half Yearly Financial Highlights

Particulars (Rs. Crs.) Revenues EBITDA EBITDA Margins (%) Profit After Tax (PAT) PAT Margins (%) H1 FY22 433.14 71.41 16.5% 36.39 8.4%

Quarterly Financial Highlights

Particulars (Rs. Crs.) Q2 FY22 Q2 FY21 242.82 41.95 17.3% 22.57 9.3% 186.29 27.07 14.5% 9.28 5.0% Revenues (Sales) EBITDA EBITDA Margins (%) Profit After Tax (PAT) PAT Margins (%)

Revenue

H1 FY21 246.5 15.05 6.1% (3.62) (1.5) % Y-o-Y 30% 55% 143% Y-o-Y 76% 374% - Q1FY22 190.33 29.47 15.5% 13.82 7.3% Q-o-Q 28% 42% 63% o Revival & opening-up of economy post pandemic led to normalcy in business; thus ended the first half of fiscal year 2021 with growth of 76% o The increase was noticed across all the segments/categories o Faster adoption and development of newer products for BS-VI; has also helped in increase the revenue for the first half of fiscal year 2022 o NRB is in hybrid vehicles across segments for Marquee customers in Europe and USA and in applications for E-Mobility vehicles across segments - which is the growth driver for exports 

Export

o Consolidated overseas business stood at 133 crores which grew by 88% on y-o-y for H1FY22 o Company currently supplying to 45 countries 

EBITDA

o Better capacity utilisation rate and efficiency resulted in growth in operating profits o Margin stood at 16.5% for the half year ended 30th September, 2021 