Bearing Stocks to Buy in November 2026: 5 Names on the Watchlist
- October 29, 2026
- Posted by: Chaitanya Auti
- Category: Best Stocks
Schaeffler India Rs 3,530. NRB Bearings Rs 453.50. Menon Bearings Rs 277.85. Harsha Engineers Rs 428.55. Timken India Rs 2,828. NSE prices, 29 Oct 2026.
Quick Answer
Five bearing stocks to buy on the November 2026 watchlist are Schaeffler India, NRB Bearings, Menon Bearings, Harsha Engineers International and Timken India. All five grew revenue in their latest full year, and four also grew net profit. Harsha Engineers International has the lowest P/E at 25.15, while Menon Bearings leads on return on equity at 20.64%. Check each valuation against your own risk appetite before acting.
The bearing stocks to buy in November 2026 start with five listed names: Schaeffler India, NRB Bearings, Menon Bearings, Harsha Engineers International and Timken India. Bearing makers supply critical parts to automobiles, industrial machinery, railways and infrastructure, so demand tracks factory activity and vehicle output.
This article ranks none of them as a sure thing. It lays out the numbers each company has reported, how the shares are priced today and what an investor should check before adding any of these bearing stocks to buy to a portfolio. All prices are NSE quotes from 29 October 2026, and financials come from company filings.
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Which Are the Best Bearing Stocks to Buy in November 2026?
The best bearing stocks to buy in November 2026 for a watchlist are Schaeffler India, NRB Bearings, Menon Bearings, Harsha Engineers International and Timken India. They were picked because each has complete reported financials, profit in the latest quarter and an NSE listing. The table puts their market data side by side.
| Company | CMP (Rs) | Market Cap | P/E | ROE | Dividend Yield |
|---|---|---|---|---|---|
| Schaeffler India | 3,530 | Rs 56,806 crore | 43.26 | 20.39% | 0.96% |
| NRB Bearings | 453.50 | Rs 4,407 crore | 29.26 | 14.83% | 1.25% |
| Menon Bearings | 277.85 | Rs 1,506 crore | 34.27 | 20.64% | 0.74% |
| Harsha Engineers International | 428.55 | Rs 3,890 crore | 25.15 | 11.07% | 0.35% |
| Timken India | 2,828 | Rs 21,063 crore | 49.43 | 14.23% | 0.09% |
On valuation, NRB Bearings and Harsha Engineers International trade below the industry P/E; Schaeffler India and Menon Bearings sit close to it; Timken India carries a premium. Valuation is the first filter for any bearing stocks to buy list, and it is covered again in the risk section.
Why These Bearing Stocks to Buy Are in Focus
Rising industrial activity, railway and infrastructure spending and strong automobile production support steady demand for bearings. The list includes a global-backed leader, specialists in needle roller and engine bearings, a precision cage exporter and a tapered roller bearing maker. Investors comparing the best bearing stocks in India usually look at technology backing, export share and the mix between automotive and industrial customers.
Schaeffler India: The Global-Backed Bearing Name Among Bearing Stocks to Buy
Schaeffler India is a supplier of bearings, clutch and engine parts to automotive and industrial customers, part of the German Schaeffler group. At Rs 3,530, the stock has a market capitalisation of Rs 56,806 crore and trades at 43.26 times earnings, while the industry P/E is 42.17.
Reported numbers show CY2025 revenue of Rs 9,834 crore, up 17.8% year on year, with net profit at Rs 1,150 crore, up 22.5%. The September 2026 quarter added revenue of Rs 3,122 crore (up 26.8%) and net profit of Rs 349 crore (up 20.7%).
Return on equity is 20.39%, debt-to-equity is 0.01, and the dividend yield is 0.96%. Promoters hold 74.13%, foreign institutions 4.29% and domestic institutions 16.13% as of September 2026.
NRB Bearings: The Needle Roller Specialist Among Bearing Stocks to Buy
NRB Bearings is a maker of needle roller bearings for automobile and industrial customers. Its market capitalisation is Rs 4,407 crore, the share price is Rs 453.50 and the P/E of 29.26 compares with an industry P/E of 42.17.
Over FY26, net profit rose 76.9% to Rs 146 crore on revenue of Rs 1,370 crore, which was up 12.0%. The latest quarter, the June 2026 quarter, brought revenue of Rs 375 crore, up 17.4% year on year, and net profit of Rs 37.8 crore, up 15.1%.
Return on equity is 14.83%, debt-to-equity is 0.16, and the dividend yield is 1.25%. Promoters hold 43.88%, foreign institutions 18.65% and domestic institutions 14.35% as of September 2026. Domestic institutional holding has risen from 12.27% to 14.35% over the last year.
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Menon Bearings: A Small-Cap Engine Bearing Maker Among Bearing Stocks to Buy
Menon Bearings is a maker of engine bearings, bushes and aluminium die castings, mainly for automakers. The stock trades at Rs 277.85 with a market capitalisation of Rs 1,506 crore and a P/E of 34.27, against an industry P/E of 36.13.
FY26 revenue rose 23.2% to Rs 300 crore and net profit rose 53.4% to Rs 38.2 crore. In the June 2026 quarter, revenue grew 37.0% year on year to Rs 94.3 crore, while net profit grew 67.4% to Rs 14.1 crore.
Return on equity is 20.64%, debt-to-equity is 0.25, and the dividend yield is 0.74%. Promoters hold 66.66%, foreign institutions 0.21% and domestic institutions 2.16% as of September 2026. Domestic institutional holding has risen from 0.00% to 2.16% over the last year.
Harsha Engineers International: The Bearing Cage Exporter Among Bearing Stocks to Buy
Harsha Engineers International is a precision bearing cage and fabricated components maker with a large export share. At Rs 428.55, the stock has a market capitalisation of Rs 3,890 crore and trades at 25.15 times earnings, while the industry P/E is 42.61.
Reported numbers show FY26 revenue of Rs 1,665 crore, up 15.2% year on year, with net profit at Rs 155 crore, up 73.8%. The June 2026 quarter added revenue of Rs 463 crore (up 23.1%) and net profit of Rs 37.4 crore (down 1.5%).
Return on equity is 11.07%, debt-to-equity is 0.27, and the dividend yield is 0.35%. Promoters hold 75.00%, foreign institutions 1.12% and domestic institutions 13.93% as of September 2026. Domestic institutional holding has risen from 12.47% to 13.93% over the last year.
Timken India: The Tapered Roller Specialist Among Bearing Stocks to Buy
Timken India is a tapered roller bearing and industrial drive maker, a subsidiary of the US-based Timken group. Its market capitalisation is Rs 21,063 crore, the share price is Rs 2,828 and the P/E of 49.43 compares with an industry P/E of 42.17.
Over FY26, net profit eased 10.2% to Rs 415 crore on revenue of Rs 3,508 crore, which was up 8.0%. The latest quarter, the June 2026 quarter, brought revenue of Rs 954 crore, up 14.5% year on year, and net profit of Rs 120 crore, up 10.4%.
Return on equity is 14.23%, debt-to-equity is 0.01, and the dividend yield is 0.09%. Promoters hold 51.05%, foreign institutions 6.90% and domestic institutions 30.74% as of September 2026. Domestic institutional holding has risen from 29.73% to 30.74% over the last year. A point to keep in view: FY26 net profit was lower than the year before, which investors should weigh.
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Growth Snapshot: Latest Full Year and Latest Quarter
The table compares year-on-year growth in revenue and net profit for all five bearing stocks, using filed results. Schaeffler India’s full-year figures are for calendar 2025 because its financial year ends in December.
| Company | Full-Year Revenue Growth | Full-Year Profit Growth | Latest Quarter | Quarter Revenue Growth | Quarter Profit Growth |
|---|---|---|---|---|---|
| Schaeffler India | 17.8% | 22.5% | Sep 2026 | 26.8% | 20.7% |
| NRB Bearings | 12.0% | 76.9% | Jun 2026 | 17.4% | 15.1% |
| Menon Bearings | 23.2% | 53.4% | Jun 2026 | 37.0% | 67.4% |
| Harsha Engineers International | 15.2% | 73.8% | Jun 2026 | 23.1% | -1.5% |
| Timken India | 8.0% | -10.2% | Jun 2026 | 14.5% | 10.4% |
Factors That Move Bearing Stocks to Buy
Four factors tend to drive bearing stocks, and each one is worth checking before a purchase.
- Industrial activity: Factory output, railways and capital goods spending drive demand.
- Automotive production: Vehicle volumes set the demand for original-equipment bearings.
- Imports: Import competition and duty changes affect pricing.
- Raw material costs: Steel prices feed directly into costs.
Risks to Keep in Mind Before Buying Bearing Stocks
The first risk is cyclicality, since bearing demand falls when automobile or industrial production slows. The second is raw material cost, because steel price swings can squeeze margins. Smaller companies in this list can also see larger swings in profit, so look at multi-year trends rather than one quarter.
On the numbers, Timken India trades at the highest P/E on this list at 49.43, so its earnings need to keep growing to support the price. Bearing stocks to buy can still fall when markets turn weak, and a staggered entry has historically suited investors better than a lump-sum purchase.
How to Choose Bearing Stocks to Buy
- Check customer mix: A balance of auto and industrial customers softens the cycle.
- Study ROE: Returns above 15% point to efficient capital use.
- Review debt: Low debt helps during weak demand phases.
- Compare valuations: Bearing makers often trade at premium multiples, so measure each against its growth.
How to Invest in Bearing Stocks
- Shortlist two or three companies from this list that match your risk appetite.
- Open the Univest Screener and compare P/E, ROE and debt for each stock.
- Check the latest quarterly results and shareholding pattern on NSE or BSE.
- Decide an amount you can hold for three to five years and split it into two or three purchases.
- Review the holding after every quarterly result instead of reacting to daily price moves.
Conclusion
Harsha Engineers International offers the lowest P/E on this list at 25.15, Menon Bearings has the highest return on equity at 20.64%, and NRB Bearings posted the fastest net profit growth in its latest full year at 76.9%. Among the best bearing stocks in India, these five give investors a spread of size, valuation and growth, so the right pick depends on risk appetite and holding period. Spread the entry, keep position sizes sensible and consult a SEBI-registered advisor before investing in any of these bearing stocks to buy.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Bearing Stocks to Buy
Which are the best bearing stocks to buy in November 2026?
Ans. The five bearing stocks on the November 2026 watchlist are Schaeffler India, NRB Bearings, Menon Bearings, Harsha Engineers International and Timken India. Harsha Engineers International has the lowest P/E at 25.15, Menon Bearings has the highest ROE at 20.64%, and NRB Bearings grew net profit 76.9% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.
Is Schaeffler India a good bearing stock to buy?
Ans. Schaeffler India is the largest company on this list with a market capitalisation of Rs 56,806 crore and a P/E of 43.26 against an industry P/E of 42.17. Its CY2025 revenue rose 17.8% and net profit rose 22.5%, with return on equity at 20.39%. Whether it suits you depends on your risk appetite and holding period, so please consult a SEBI-registered advisor before investing.
Are bearing stocks expensive right now?
Ans. Valuations vary across the group. Schaeffler India trades at a P/E of 43.26, NRB Bearings trades at a P/E of 29.26, Menon Bearings trades at a P/E of 34.27, Harsha Engineers International trades at a P/E of 25.15, Timken India trades at a P/E of 49.43, against industry multiples ranging from 36.13 to 42.61. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.
Which bearing stocks pay a dividend?
Ans. Dividend yields on this list are Schaeffler India 0.96%, NRB Bearings 1.25%, Menon Bearings 0.74%, Harsha Engineers International 0.35%, Timken India 0.09%. Yields are modest across the group, so most investors look at these stocks for growth in earnings rather than for income, and payouts can change with company profits.
Which bearing stock has the highest return on equity?
Ans. Menon Bearings has the highest ROE on this list at 20.64%, followed by Schaeffler India at 20.39% and NRB Bearings at 14.83%. A higher ROE shows a company earns more profit on shareholder capital, but it should be read alongside valuation and debt.
What are the risks of investing in bearing stocks?
Ans. The main risks are cyclical auto and industrial demand, steel prices and profit swings at smaller names. On this list, Timken India trades at the highest P/E of 49.43, which leaves less room for earnings disappointments. Staggered buying and a long holding period can help manage these risks.
How can I invest in bearing stocks in India?
Ans. You can buy these stocks directly on NSE or BSE through a demat account, and compare them first on the Univest Screener using P/E, ROE and debt. Many investors split the amount across two or three purchases and review the holding after each quarterly result. Sector-themed mutual funds and ETFs are another route for investors who prefer diversification.