NRB was established in 1965 as an Indo French Joint Venture with financial and technical collaboration from Nadella. Nadella belongs to Timken a World leader in Taper Roller Bearings.

NRB was incorporated in Mumbai under the name NEEDLE ROLLER BEARING COMPANY LIMITED; the first Company to manufacture Needle Roller Bearings in India.

 

Milestones:

Starting with an initial capital base of Rs. 1.00 million in 1966, NRB's equity capital grew to Rs. 83.20 million by 1993 only through bonus issues. In 1995, there was a fresh infusion of capital from the public to the tune of Rs. 12.72 million. The present capital base of NRB is Rs. 96.92 million and it is a Public Limited Company quoted on the Bombay Stock Exchange as well as the National Stock Exchange.

1965: Setting up of a joint venture company with Nadella, France, the oldest needle bearing manufacturer in the world. This joint venture company was promoted on the principles of precision, quality, vision and service.

1966: The first plant was setup in Wagle industrial Estate, Thane, Mumbai to produce Needle Roller Bearings.

1975: A larger manufacturing unit was set up at 2nd Pokhran Road also in Thane to manufacture Needle Roller Bearings.

1980: NRB's indigenous manufacturing capabilities were complemented by its Agency Division which was setup in 1980 to offer a wide range of imported bearings and allied products to its customers.

1980: Aurangabad plant, Maharashtra was setup to manufacture needle rollers to meet the growing demand of its customers.

1982: The General Bearing Division was set up at Jalna in Maharashtra to manufacture Cylindrical Roller Bearings. Soon thereafter, it diversified further and commenced the manufacturing of spherical roller bearings and ball bearings. NRB has progressively expanded its capacity at Jalna to manufacture Needle Roller Bearings and Tapered Roller Bearings.


1990: In view of the diversified range and types of bearings being manufactured, the name of the company was changed to NRB Bearings Limited at the extraordinary General Meeting held on 1st February 1990.

1991: To keep pace with the expanding range and demand, a new plant was set up at Waluj, Maharashtra to manufacture needle roller bearing products.

In April 1991 the Hyderabad unit was amalgamated into NRB Bearings to produce needle cages, hubpin kits and connecting rod cages.

1995: NRB Bearings Limited went Public with a Public Issue of 1272,000 Equity shares.

2000: SNL Bearings Limited ( formerly Shriram Needle Bearing Industries Limited ) was acquired by NRB on 1st June 2000. SNL has successfully developed and introduced cage guided drawn cup needle bearings, connecting rod needle cages for piston pin and crank pin applications along with other types and ranges of needle bearings.

 2000: NRB was awarded the corporate QS-9000 certification in May by TUV Management Services (GMBH) an internationally acclaimed registrar for its corporate office and its Plants..

 2000: 3rd May 2000 NRB set up a Research and Development Centre within its Thane plant to move closer towards its vision of becoming a "Bearing Solution Provider".

 2003 : NRB Developed  " Rocker-arm  bearings " and  by  2004  has  become  the  biggest  supplier  of  Rocker-arm  bearings  in  the  country. 

2006: Milestone year for NRB .

  • NRB announced its decision to set up a  plant in Thailand to cater to the  growing ASEAN markets
  • To cater to the growing demand NRB announced its decision  to set up a plant in Pantnagar - Uttaranchal

 2007 :NRB's  Engineering Center got recognition for " Inhouse R & D " by the Government of India
 
 
Categories of Shareholders as on 31st March:
 

2006

2005

Category

No. of share holders

% of share holders

No. of shares held

% of share holding

No. of share holders

% of share holders

No. of shares held

% of share holding

Individuals

3331

92.84

4835670

49.89

2691

95.49

4262730

43.98

Corporate Bodies

166

4.63

4139741

42.71

101

3.58

2101618

21.68

Foreign Collaborators

-

-

-

-

1

0.04

2520000

26.00

NRI /OCBs

78

2.17

18028

0.19

14

0.50

4253

0.04

FI/FII Banks

2

0.06

238811

2.46

2

0.07

14725

0.15

Mutual Funds/UTI

11

0.30

460010

4.75

9

0.32

788934

8.14
TOTAL

3588

100.00

9692260

100.00

2818

100.00

9692260

100.00

 
Product Range

NRB, today, is India's most diversified and specialized bearing manufacturer, producing needle roller bearings, spherical roller bearings, cylindrical roller bearings, tapered roller bearings, ball bearings, crank pins and wide inner ring bearings. The wide product range has enabled NRB Bearings, to meet the bearing requirements of the Indian industry in virtually every sector, for every conceivable application - A one-stop shop for almost all bearing requirements.

The cumulative result of the direction taken has resulted in NRB Bearings achieving leadership position in the needle roller bearing markets in India with 70% market share. Despite the late entry in the cylindrical roller bearing markets, we have become the first choice for customers. In tapered roller bearings and in ball bearings, we focus on manufacturing 'specials' for selected customers like Maruti, Sona Steering, Mahindra & Mahindra, Telco; we also manufacture ball bearings for two and three wheeler segments.

With a continual thrust on tailoring bearings to suit specific needs, NRB has successfully developed customization and applications expertise as their forte.

It is this very thrust and focus that has Renault Vehicle Industries - France, sourcing components for its truck division from NRB:
- a company that is globally competitive and offers quality bearings.
- a company unmatched in terms of excellence in service and delivery management .

As a result of product and market development measures taken by the company, the product range and market penetration has broadened substantially.

 
 
Serving a who's who of Indian and International Industry

 

Commercial Vehicles

Ashok Leyland Limited ( Technical tie-up with IVECO )
Bajaj Tempo Limited
Eicher Motors Limited
Mahindra & Mahindra Limited
Renault VI, France
Swaraj Mazda Limited
Tata Motors Limited

Passengers Cars

Hindustan Motors Limited
Maruti Udyog Limited (Suzuki)
Tata Motors Limited ( Indica  / Indigo )


Two Wheelers

Bajaj Auto Limited
Bisan Bisiklet Moped Otomotiv Sanayi ve - picaret a.s. - Turkey
Hero Honda Motor Limited
Honda Motorcycles & Scooters Ltd
Kinetic Motor Company Ltd.
LML Engineering Limited
Majestic Auto Limited
TVS Motor Company
The Royal Enfield Motors Limited
Yamaha Motor India Pvt. Ltd

Automotive Ancillaries

Automotive Axles Limited
Delphi Automotive Systems
GKN Japan Limited
GKN Driveline Utsunomiya Limited
Hindustan Hardy Spicer Limited
Lucas TVS Limited
MICO Limited (BOSCH)
Mahindra Sona Limited
NSK-Poland
Nachi Industrial S.A.
Rane (Madras) Limited
Rane TRW Limited
Sona Koyo Steering Systems Ltd
Spicer India Limited ( DANA)
ZF Steering Gear (I) Limited



Textile Machinery Industry

Lakshmi Machine Works Ltd ( Rieter, Switzerland)
Marzoli Spa - Italy
Textool Company Ltd.


Switchgears / Electrical


Asea Brown Boveri Ltd
Bharat Heavy Electricals Limited ( BHEL)
Crompton Greaves Limited
Greaves Limited
Husqvarna , Sweden ( Electrolux )
Kulkarni Power Tools Limited
Otis Elevators Limited
Ralliwolf Limited
Siemens Limited
Voltas Limited
Wipro Fluid Power Limited
        

Locomotives

GM Electromotive  , USA                                                                                  18-nov-04