The document provides an analysis of the capital structure of NRB Bearings. Some key points: - Total debt has increased each year from 2013 to 2015, rising from Rs. 240.13 crore to Rs. 271.28 crore. - Equity (net worth) has also risen each year, from Rs. 210.85 crore to Rs. 271.7 crore, mainly through higher retained earnings. - The debt-to-equity ratio has fallen from 1.14 in 2013 to 1 in 2015, indicating lower reliance on debt financing over time. - Interest obligations have decreased from Rs. 17.31 crore to Rs. 15.85 crore despite rising