NRB Industrial Bearings Reports Flat Q3 FY24-25 Results Amid Positive Financial Trends

NRB Industrial Bearings has recently reported its financial results for the quarter ending December 2024, revealing a flat performance for Q3 FY24-25. Notably, the company's evaluation has undergone an adjustment, with its score rising to 4 from 2 over the past three months.
Several positive trends are evident in NRB Industrial Bearings' financials. The Debtors Turnover Ratio has reached a notable 6.80 times, indicating that the company has been effective in settling its debts more swiftly over the last five half-year periods. Additionally, the Operating Profit (PBDIT) has shown improvement, recording its highest figure at Rs -1.00 crore in the last five quarters. This trend is mirrored in the Operating Profit Margin, which has also reached its peak at -5.93%. Furthermore, the Profit Before Tax (PBT) and Profit After Tax (PAT) figures have both shown positive trends, with the highest values recorded at Rs -6.20 crore and Rs -5.47 crore, respectively. The Earnings per Share (EPS) has also improved, reaching Rs -2.26.

However, challenges remain, particularly with the Debt-Equity Ratio, which has increased to -2.10 times, suggesting that the company is relying more on borrowing to support its operations, potentially straining its liquidity.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.