NRB Bearings Limited (NRB), a manufacturer of cylindrical and needle roller bearings and friction solutions for the automotive and industrial sectors, announced its entry into the aerospace segment through an acquisition by Mahant Tool Room Private Limited (MTRPL), a wholly owned subsidiary of the company. MTRPL has signed a Business Transfer Agreement to acquire the business of M/s. Mahant Tool Room (MTR), a Bengaluru-based sole proprietorship engaged in manufacturing precision machined components for aerospace applications. The acquisition will be completed for an upfront cash consideration of ₹27.5 crore.
Mahant Tool Room is known for producing high-precision, mission-critical components for aerospace engine and fuel systems. The business brings an order book of over ₹25 crore, providing NRB with immediate business scale and revenue visibility as it expands into the aerospace domain. MTR has received HAL’s Best Performance Award for its technical capability and delivery performance.
As part of the transaction, Mr Mallappa, an industry expert associated with Mahant Tool Room, will join the NRB Group to support the planned expansion of the aerospace business. NRB stated that the acquisition supports its diversification strategy and strengthens its movement beyond automotive applications into technology-intensive segments. The company said the transaction also aligns with its stated aspiration of reaching a turnover of over ₹2,500 crore within the next five years, supported by entry into high-growth industries with strong barriers to entry.
Harshbeena Zaveri, Vice Chairperson and Managing Director, NRB Bearings Limited, said the acquisition is consistent with NRB’s long-term approach of pursuing growth opportunities that add strategic value while expanding into advanced end markets. She noted that entering aerospace typically requires long qualification cycles, but the acquisition allows NRB to leverage an existing order book and established capabilities to accelerate entry. She added that the transaction strengthens NRB’s technology base, expands market opportunity and is expected to generate long-term value for shareholders, while maintaining disciplined governance and capital allocation standards.
Founded in 1965 and headquartered in Mumbai, NRB Bearings Limited is India’s leading manufacturer of needle roller bearings and a pioneer in friction solutions for mobility applications. The company produces a comprehensive range of precision bearings—including needle roller, cylindrical roller, ball, and thrust bearings—along with next-generation lightweight drawn cup bearings and specialized parts for both automotive and industrial use.
NRB serves OEMs across Europe, Asia, and the Americas, and has built strong capabilities supporting electric and hybrid vehicle platforms. With manufacturing locations in Waluj, Aurangabad, Jalna, Ranchi, Hyderabad, Pantnagar, and Thailand, along with R&D centers in Thane, Waluj, and Turbe, NRB continues to invest in innovation, quality systems, and expanded production capacity to meet growing demand from global Tier-1 customers.
