Bearings & Abrasives: Q1 FY27 results (April-June 2026)

9 companies have declared Bearings & Abrasives Q1 FY27 results so far, the latest on 14 Aug 2026.

Across the 9 non-financial companies with a year-ago quarter to compare, sales grew +3.4% and net profit +6.4% year on year, and the combined operating margin widened 64 bps to 16.2%.

67% of companies grew net profit; 57% beat their own profit trend and 14% fell short of it.

Updated 12 Oct 2026, 12:20 IST 9 declared 111 due in the next 3 days →

Bearings & Abrasives Q1 FY27 scoreboard

Sales growth
+3.4%
YoY, 9 companies combined; median +16.6%
Net profit growth
+6.4%
YoY combined; median +14.9%
Operating margin
16.2%
+64 bps YoY
Grew profit
67%
0 turnarounds, 0 into loss
Vs own profit trend
57% / 14%
above / below, 29% in line
Price since results
+2.0%
median; 57% of 7 stocks up
Other-income heavy
2
25%+ of pre-tax profit from other income & one-offs

Latest Bearings & Abrasives Q1 FY27 results 9

SKP Bearing Industries Limited

SKP · Bearings & Abrasives · Q1 FY27 · Consolidated · Filed
M Cap
₹277 Cr
P/E
469.0
PEG
—
Since results
+2.0%
  • 100% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -0.0%-41.8% 22.138.022.1
Operating profit -5.7%+85.2% 2.51.32.6
OPM % -66 bps+764 bps 11.1%3.5%11.8%
Other income +245.1%-37.3% 0.81.30.2
Net profit -89.5%from loss 0.0-0.90.4
PAT margin % -154 bps+268 bps 0.2%-2.5%1.7%
EPS (₹) -91.3%from loss 0.02-0.570.23

Quality of profit

Core 0%Other income & one-offs 100%

Pre-tax profit ₹0.8 Cr: core business ₹0.0 Cr, other income ₹0.8 Cr.

Core profit YoY: -99.7% · reported profit -89.5%

Cash & debt

FY26 cash from operations ₹1.0 Cr: 108% of FY26 net profit of ₹0.9 Cr.

Borrowings ₹41.0 Cr at Mar 2026.

AI read of the filing SKP Bearing Submits Q1 Standalone Financial Results for Quarter Ended June 30, 2026 Neutral
  • Independent auditor Dipak P Shah & Co issued a clean, unmodified limited review report for the quarter ended June 30, 2026.
  • Board meeting outcome and review report signed and approved on August 14, 2026.
  • Detailed line-item revenue and profit numbers were not detailed in the attached auditor report extract.
Full analysis →

SKF India Limited

SKFINDIA · Bearings & Abrasives · Q1 FY27 · Consolidated · Filed
M Cap
₹6,915 Cr
P/E
33.0
PEG
—
Since results
-8.5%
  • Operating margin expanded 193 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -54.2%-1.1% 5885951,283
Operating profit -47.4%+164.4% 88.033.3167
OPM % +193 bps+938 bps 15.0%5.6%13.0%
Other income -18.1%-66.1% 12.436.815.2
Net profit -47.6%from loss 61.9-19.8118
PAT margin % +132 bps+1386 bps 10.5%-3.3%9.2%
EPS (₹) -47.7%from loss 12.50-4.0023.90

Quality of profit

Core 85%Other income & one-offs 15%

Pre-tax profit ₹83.9 Cr: core business ₹71.4 Cr, other income ₹12.4 Cr.

Core profit YoY: -50.6% · reported profit -47.6%

Cash & debt

FY26 cash from operations ₹363 Cr: 136% of FY26 net profit of ₹266 Cr.

Borrowings ₹3.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹642₹588 -8.4% below
Net profit₹66.8₹61.9 -7.4% in line
AI read of the filing SKF India Q1 FY27: PAT Recovers to ₹61.8 Cr; Revenue Grows 27% YoY in Continuing Operations Positive
  • Revenue from continuing operations increased 27.1% YoY to ₹587.8 Cr from ₹462.5 Cr.
  • Net profit for the quarter reached ₹61.8 Cr, recovering from a net loss of ₹20.2 Cr in Q4 FY26.
  • Earnings Per Share (EPS) for continuing operations rose to ₹12.5, up from ₹9.5 in the same quarter last year.
Full analysis →

NRB Bearing Limited

NRBBEARING · Bearings & Abrasives · Q1 FY27 · Consolidated · Filed
M Cap
₹5,088 Cr
P/E
33.8
PEG
2.41
Since results
+13.3%
  • Profit -10% below its own trend
  • Exceptional items of ₹2.6 Cr in the quarter
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +19.2%-0.7% 370372310
Operating profit +23.8%-5.0% 63.767.051.4
OPM % +64 bps-78 bps 17.2%18.0%16.6%
Other income -41.9%-22.0% 5.57.09.4
Net profit +15.1%-10.3% 37.842.132.8
PAT margin % -36 bps-110 bps 10.2%11.3%10.6%
EPS (₹) +14.8%-11.0% 3.804.273.31

Quality of profit

Core 84%Other income & one-offs 16%

Pre-tax profit ₹51.4 Cr: core business ₹43.3 Cr, other income ₹5.5 Cr, exceptional & other items ₹2.7 Cr.

Core profit YoY: +21.7% · reported profit +15.1%

Cash & debt

FY26 cash from operations ₹241 Cr: 165% of FY26 net profit of ₹146 Cr.

Borrowings ₹154 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹342₹370 +7.9% above
Net profit₹42.0₹37.8 -10.1% below
AI read of the filing NRB Bearing Q1 PAT Rises 31.7% YoY to ₹34.77 Cr; Board Approves ₹50 Cr JV Guarantee Positive
  • Standalone Revenue from operations increased 14.8% YoY to ₹319.89 Cr from ₹278.56 Cr.
  • Standalone PAT grew 31.7% YoY to ₹34.77 Cr, with EPS rising to ₹3.59 from ₹2.72.
  • Approved a ₹50 Cr corporate guarantee for subsidiary NRB Unitec Friction Solutions Pvt Ltd, representing ~3.7% of TTM revenue.
Full analysis →

Carborundum Universal Limited

CARBORUNIV · Bearings & Abrasives · Q1 FY27 · Consolidated · Filed
M Cap
₹22,910 Cr
P/E
122.3
PEG
—
Since results
+11.9%
  • Profit +109% above its own trend
  • 46% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +8%)
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +17.0%+2.0% 1,4271,3981,219
Operating profit +11.4%-6.2% 135144121
OPM % -48 bps-83 bps 9.5%10.3%9.9%
Other income +195.9%from loss 55.4-10318.7
Net profit +33.0%from loss 80.3-40.060.4
PAT margin % +68 bps+849 bps 5.6%-2.9%5.0%
EPS (₹) +23.2%from loss 4.04-0.923.28

Quality of profit

Core 54%Other income & one-offs 46%

Pre-tax profit ₹119 Cr: core business ₹63.8 Cr, other income ₹55.4 Cr.

Core profit YoY: +8.4% · reported profit +33.0%

Cash & debt

FY26 cash from operations ₹367 Cr: 219% of FY26 net profit of ₹167 Cr.

Borrowings ₹413 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,347₹1,427 +5.9% above
Net profit₹38.5₹80.3 +108.5% above
AI read of the filing 23.4% YoY PAT Growth in Q1 FY27; Consolidated Revenue Reaches ₹1,411 Cr Positive
  • Consolidated revenue grew 16.9% YoY to ₹1,411 Cr compared to ₹1,207 Cr in Q1 FY26
  • Net profit attributable to owners increased 23.4% YoY to ₹76.4 Cr from ₹61.9 Cr
  • Abrasives segment consolidated sales rose 20.1% YoY to ₹610 Cr
Full analysis →

Timken India Limited

TIMKEN · Bearings & Abrasives · Q1 FY27 · Consolidated · Filed
M Cap
₹22,286 Cr
P/E
52.3
PEG
—
Since results
-9.3%
  • Profit +50% above its own trend
  • Operating margin expanded 123 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +16.6%-13.5% 9431,090809
Operating profit +24.8%-26.6% 178242142
OPM % +123 bps-337 bps 18.8%22.2%17.6%
Other income +6.9%+973.3% 10.71.010.0
Net profit +14.8%-24.3% 120158104
PAT margin % -20 bps-181 bps 12.7%14.5%12.9%
EPS (₹) +14.8%-24.4% 15.9121.0513.86

Quality of profit

Core 93%Other income & one-offs 7%

Pre-tax profit ₹156 Cr: core business ₹146 Cr, other income ₹10.7 Cr.

Core profit YoY: +20.9% · reported profit +14.8%

Cash & debt

FY26 cash from operations ₹446 Cr: 109% of FY26 net profit of ₹411 Cr.

Borrowings ₹15.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹925₹943 +2.0% in line
Net profit₹79.8₹120 +50.0% above
AI read of the filing Rs 929 Cr Revenue: Timken India Q1 PAT Grows 10.5% YoY; Management Restructuring Announced Positive
  • Revenue from operations rose 14.9% YoY to Rs 929.1 cr from Rs 808.8 cr in the year-ago period.
  • Net profit for the quarter stood at Rs 115.1 cr, up from Rs 104.2 cr in June 2025.
  • Earnings Per Share (EPS) improved to Rs 15.31 from Rs 13.86 YoY.
Full analysis →

Wendt (India) Limited

WENDT · Bearings & Abrasives · Q1 FY27 · Consolidated · Filed
M Cap
₹1,550 Cr
P/E
91.4
PEG
—
Since results
+6.0%
  • Profit +227% above its own trend
  • Operating margin expanded 148 bps YoY
  • Core business grew faster than reported profit (core profit +94%)
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +36.6%+6.7% 71.366.852.2
Operating profit +51.1%+2.2% 11.010.87.3
OPM % +148 bps-68 bps 15.4%16.1%14.0%
Other income -11.2%+28.0% 1.51.21.7
Net profit +63.5%+21.4% 6.25.13.8
PAT margin % +142 bps+105 bps 8.7%7.6%7.2%
EPS (₹) +63.2%+21.4% 30.9025.4518.93

Quality of profit

Core 83%Other income & one-offs 17%

Pre-tax profit ₹8.9 Cr: core business ₹7.4 Cr, other income ₹1.5 Cr.

Core profit YoY: +94.0% · reported profit +63.5%

Cash & debt

FY26 cash from operations ₹22.0 Cr: 151% of FY26 net profit of ₹14.6 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹54.3₹71.3 +31.4% above
Net profit₹1.9₹6.2 +227.0% above
AI read of the filing 63% PAT Growth in Q1 FY27; Wendt (India) Consolidated Revenue Surges 37% YoY to ₹71.28 Cr Positive
  • Consolidated Net Profit increased 63.5% YoY to ₹6.18 Cr from ₹3.78 Cr in the previous year's corresponding quarter.
  • Domestic sales grew 38% YoY to ₹49.25 Cr, supported by higher offtake from auto, auto-ancillary, and bearing industries.
  • Machines and Accessories segment revenue jumped 170% YoY to ₹11.68 Cr from ₹4.33 Cr.
Full analysis →

Schaeffler India Limited

SCHAEFFLER · Bearings & Abrasives · Q1 FY27 · Consolidated · Filed
M Cap
₹57,326 Cr
P/E
45.7
PEG
4.57
Since results
-11.8%
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +17.3%+6.7% 2,7612,5862,353
Operating profit +16.0%+4.4% 499478430
OPM % -21 bps-41 bps 18.1%18.5%18.3%
Other income -14.7%-12.6% 36.742.043.0
Net profit +13.5%+3.1% 326316287
PAT margin % -40 bps-42 bps 11.8%12.2%12.2%
EPS (₹) +13.0%+2.9% 20.8020.2218.40

Quality of profit

Core 92%Other income & one-offs 8%

Pre-tax profit ₹443 Cr: core business ₹407 Cr, other income ₹36.7 Cr.

Core profit YoY: +16.7% · reported profit +13.5%

Cash & debt

Borrowings ₹55.0 Cr at Dec 2025.

Against its own trend ?

TrendActualGap
Sales₹2,752₹2,761 +0.3% in line
Net profit₹356₹326 -8.5% in line
AI read of the filing 13.7% YoY PAT Growth to ₹336.7 Cr; Amit Bhalerao Appointed as COO Positive
  • Consolidated Revenue from operations rose 17.3% YoY to ₹2,760.55 Cr.
  • Net Profit for the quarter increased 13.7% YoY to ₹336.73 Cr.
  • Automotive Technologies segment revenue surged 33.3% YoY to ₹940.28 Cr.
Full analysis →

Grindwell Norton Limited

GRINDWELL · Bearings & Abrasives · Q1 FY27 · Consolidated
M Cap
₹22,040 Cr
P/E
50.4
PEG
8.41
  • Profit +12% above its own trend
  • Operating margin expanded 107 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +14.2%-4.6% 803842703
Operating profit +20.8%-4.3% 157164130
OPM % +107 bps+7 bps 19.6%19.5%18.5%
Other income +67.1%+19.0% 25.021.015.0
Net profit +22.3%-3.4% 11511994.0
PAT margin % +96 bps+19 bps 14.3%14.1%13.4%
EPS (₹) +22.3%-2.7% 10.4310.728.53

Quality of profit

Core 84%Other income & one-offs 16%

Pre-tax profit ₹154 Cr: core business ₹129 Cr, other income ₹25.0 Cr.

Core profit YoY: +26.7% · reported profit +22.3%

Cash & debt

FY26 cash from operations ₹542 Cr: 130% of FY26 net profit of ₹416 Cr.

Borrowings ₹61.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹770₹803 +4.3% in line
Net profit₹103₹115 +11.5% above

NRB Industrial Bearings Limited

NIBL · Bearings & Abrasives · Q1 FY27 · Consolidated
M Cap
₹75.0 Cr
P/E
—
PEG
—
  • Operating margin contracted 178 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +1.9%-8.2% 18.920.618.6
Operating profit loss widenedloss narrowed -1.6-1.9-1.3
OPM % -178 bps+90 bps -8.6%-9.5%-6.8%
Other income -32.8%-25.2% 0.91.11.3
Net profit loss widenedloss narrowed -6.6-6.7-5.1
PAT margin % -743 bps-212 bps -34.9%-32.8%-27.4%
EPS (₹) loss widenedloss narrowed -2.72-2.78-2.10

Quality of profit

Pre-tax profit −₹6.7 Cr: core business −₹7.6 Cr, other income ₹0.9 Cr.

Core profit YoY: loss widened

Cash & debt

FY26 cash from operations −₹4.0 Cr.

Borrowings ₹138 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹22.1₹18.9 -14.5% below

Standouts so far

Biggest profit growth

  1. Wendt (India)+63.5%
  2. Carborundum Universal+33.0%
  3. Grindwell Norton+22.3%
  4. NRB Bearing+15.1%
  5. Timken India+14.8%

Biggest profit declines

  1. SKF India-47.6%
  2. Schaeffler India+13.5%
  3. Timken India+14.8%
  4. NRB Bearing+15.1%
  5. Grindwell Norton+22.3%

Best price reaction

  1. NRB Bearing+13.3%
  2. Carborundum Universal+11.9%
  3. Wendt (India)+6.0%
  4. SKF India-8.5%
  5. Timken India-9.3%

Worst price reaction

  1. Schaeffler India-11.8%
  2. Timken India-9.3%
  3. SKF India-8.5%
  4. Wendt (India)+6.0%
  5. Carborundum Universal+11.9%

Among companies with a market cap of ₹1,000 Cr or more, so a tiny base does not top the list. Price reaction: last close against the close before the filing.

Reporting in the next three days

HCL Technologies (Mon 12 Oct), ICICI Prudential (Mon 12 Oct), RBL Bank (Mon 12 Oct), Swan Defence (Mon 12 Oct), Gujarat State (Mon 12 Oct), Swaraj Engines (Mon 12 Oct), Plastiblends India (Mon 12 Oct), UMIYA BUILDCON (Mon 12 Oct), Alkali Metals (Mon 12 Oct), Gradiente Infotainment (Mon 12 Oct), Agri-Tech (India) (Mon 12 Oct), Abhishek Integrations (Mon 12 Oct), Rudra Ecovation (Mon 12 Oct), Newtrac Foods (Mon 12 Oct), Inani Securities (Mon 12 Oct), Neil Industries (Mon 12 Oct), Adroit Industries (Mon 12 Oct), TYPHOON (Mon 12 Oct), UNIVARTS (Mon 12 Oct), VERONICAPRO (Mon 12 Oct), ICICI Prudential (Tue 13 Oct), Tata Elxsi (Tue 13 Oct), Transformers And Rectifiers (Tue 13 Oct), Anand Rathi (Tue 13 Oct) and 87 more. Full results calendar →

How to read this page

The numbers. Each card is one company's Q1 FY27 results as filed with NSE or BSE, read from the filing within hours of its release, in ₹ crore. We show the consolidated statement, or the standalone one when the consolidated figures are a copy of it or have no year-ago quarter to compare with. YoY compares with the same quarter a year earlier and QoQ with the quarter before (the previous half-year for companies that report every six months). A swing between profit and loss is described in words: a percentage across it would mislead.

Margins. Operating margin (OPM) is operating profit, before depreciation, interest and other income, as a share of sales; PAT margin is net profit as a share of sales. Their changes are in basis points (100 bps = 1 percentage point).

Quality of profit. Core profit is operating profit minus interest and depreciation: what the business itself earned before tax. The rest of pre-tax profit is other income (interest on cash, dividends, gains on investments) and exceptional or one-off items. We flag a quarter when that share is 25% or more, and when reported profit grew much faster than core profit. For banks we compare pre-provision profit with net profit, since a fall in provisions can lift profit without the business growing.

Against its own trend. We do not have analyst consensus estimates, and we do not make them up. Instead each company is measured against the path it was on: the same quarter last year, grown at the median of its last four year-on-year growth rates (held between −50% and +100%; at least two growth rates needed). Sales 5% or more above that, or net profit 10% or more above, is "above trend"; as far below is "below trend". It answers "was this quarter better or worse than the company's own recent run?", which consensus does not.

Cash and debt. Profit is an accounting figure; cash is harder to dress up. For each company we show its operating cash flow for the last financial year as a share of that year's net profit (flagged under 50%, or when it is negative despite a profit), and its borrowings at the latest balance sheet against the one six months earlier (flagged at a 25% move). Balance sheets come with the September and March results, cash-flow statements with the March results.

Price since results. The latest close against the last close before the filing (a filing after 3:30 pm counts from the next session). It is a fact about the market's reaction, not advice.

Market cap groups. Large cap is the 100 largest companies by market value and mid cap the next 150 (SEBI's ranking); below that, small cap is ₹5,000 Cr or more, micro cap ₹500 Cr or more, nano cap below.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI