NRB Industrial Bearings (BOM:535458) Operating Income: ₹-205.4 Mil (TTM As of Jun. 2026)

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BOM:535458 NRB Industrial Bearings Ltd BOM:535458
52 GF Score
Price ₹31.13
GF Value ₹32.11
Valuation Fairly Valued
! 6 Warning Signs
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What is NRB Industrial Bearings Operating Income?

NRB Industrial Bearings BOM:535458 -1.95% 52 Operating Income is ₹-205.4 Mil as of Jun. 2026. GuruFocus rates BOM:535458 with a GF Score™ of 52/100 and a GF Value™ of ₹32.11 (Fairly Valued). The stock has 6 warning signs investors should review.

NRB Industrial Bearings's Operating Income for the three months ended in Jun. 2026 was ₹-41.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-205.4 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. NRB Industrial Bearings's Operating Income for the three months ended in Jun. 2026 was ₹-41.5 Mil. NRB Industrial Bearings's Revenue for the three months ended in Jun. 2026 was ₹189.0 Mil. Therefore, NRB Industrial Bearings's Operating Margin % for the quarter that ended in Jun. 2026 was -21.97%.

Warning Sign:

NRB Industrial Bearings Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -54.5%.

NRB Industrial Bearings's 5-Year average Growth Rate for Operating Margin % was -54.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NRB Industrial Bearings's annualized ROC % for the quarter that ended in Jun. 2026 was -14.20%. NRB Industrial Bearings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -23.07%.


NRB Industrial Bearings  (BOM:535458) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

NRB Industrial Bearings's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=-166.1 * ( 1 - 0% )/( (1169.762 + 0)/ 1 )
=-166.1/1169.762
=-14.20 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1206.676 - 226.611 - ( 216.549 - max(0, 809 - 619.303+216.549))
=1169.762

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

NRB Industrial Bearings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-131.832/( ( (458.721 + max(112.83, 0)) + (0 + max(0, 0)) )/ 1 )
=-131.832/( ( 571.551 + 0 )/ 1 )
=-131.832/571.551
=-23.07 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(85.493 + 218.6 + 91.717) - (226.611 + 0 + 56.369)
=112.83

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

NRB Industrial Bearings's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=-41.525/189.03
=-21.97 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


NRB Industrial Bearings Operating Income Related Terms


NRB Industrial Bearings Operating Income Historical Data

* Premium members only.

The historical data trend for NRB Industrial Bearings's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NRB Industrial Bearings Operating Income Chart

NRB Industrial Bearings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.18 -51.03 -164.52 -184.73 -198.26

NRB Industrial Bearings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -35.46 -50.86 -69.18 -43.87 -41.53
BOM:535458
52GF Score
NRB Industrial Bearings Ltd BOM:535458
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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NRB Industrial Bearings Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-205.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of ₹-205.4 Mil mean?
NRB Industrial Bearings (BOM:535458) has a Operating Income of ₹-205.4 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on NRB Industrial Bearings and its competitors.
Is NRB Industrial Bearings' Operating Income too high?
NRB Industrial Bearings' current Operating Income is ₹-205.4 Mil. Overall, NRB Industrial Bearings has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NRB Industrial Bearings' Operating Income compare to SNA and RBC?
NRB Industrial Bearings' Operating Income of ₹-205.4 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for an Industrial Products company?
A good Operating Income depends on the Industrial Products industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on NRB Industrial Bearings and its competitors. NRB Industrial Bearings's current Operating Income is ₹-205.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NRB Industrial Bearings stock overvalued right now?
Based on GuruFocus' analysis, NRB Industrial Bearings (BOM:535458) is currently considered Fairly Valued. The stock's GF Value™ is ₹32.11, compared to a current price of ₹31.13 — trading 3.1% below its estimated fair value. The current Operating Income is ₹-205.4 Mil. NRB Industrial Bearings' overall GF Score™ is 52/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For NRB Industrial Bearings (BOM:535458), the current Operating Income is ₹-205.4 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NRB Industrial Bearings (BOM:535458) Overvalued in 2026?

Based on GuruFocus' analysis, NRB Industrial Bearings stock appears to be undervalued. The current stock price of ₹31.13 is trading 3.1% below its estimated GF Value™ of ₹32.11. GuruFocus considers NRB Industrial Bearings to be Fairly Valued.

Key valuation signals for BOM:535458:

  • Operating Income: ₹-205.4 Mil
  • GF Value™: ₹32.11 vs. price of ₹31.13 (3.1% below fair value)
  • GF Score™: 52/100 with 6 warning signs

No single metric tells the full story. See the BOM:535458 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NRB Industrial Bearings Business Description

Other Exchanges NIBL:India
Address Sardar Vallabhbhai Patel Road, Plot-471/473, Marwadi Vidyalaya Floor-Grd 3, 2nd Parsiwada Opera House, Girgaon, Mumbai, MH, IND, 400004
NRB Industrial Bearings Ltd is engaged in the business of manufacturing and selling all types of industrial bearings. The company operates in one business segment, which is Industrial Bearings. The product line of the company consists of Deep Groove Ball Bearings, Angular Contact Ball Bearings, Cylindrical Roller Bearings, Spherical Roller Bearings, Cam Followers, Bottom Roller Bearings, and Others. The Ball and roller bearings product of the company generates maximum revenue. The group has a business presence in India and Outside India, of which the prime income is generated within India.
52GF Score

Get the complete analysis for BOM:535458

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹31.13
Price
₹32.11
GF Value