Menon Bearings Ltd
Menon Bearings is engaged in the business of Bearings, Bushes and Thrust Washers, Aluminium Die Casting Components having applications in Heavy & Light commercial vehicles, Tractors, Construction equipment, Material handling, Stationery, Diesel, Gasoline and CNG engines.
- Market Cap ₹ 681 Cr.
- Current Price ₹ 121
- High / Low ₹ 166 / 108
- Stock P/E 26.5
- Book Value ₹ 26.1
- Dividend Yield 1.85 %
- ROCE 23.0 %
- ROE 18.4 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 43.0%
Cons
- The company has delivered a poor sales growth of 3.46% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
83 | 87 | 103 | 111 | 124 | 146 | 174 | 139 | 149 | 198 | 219 | 206 | |
70 | 71 | 81 | 82 | 90 | 108 | 131 | 109 | 115 | 155 | 166 | 164 | |
Operating Profit | 13 | 15 | 23 | 29 | 33 | 37 | 43 | 30 | 34 | 42 | 53 | 42 |
OPM % | 15% | 18% | 22% | 26% | 27% | 26% | 25% | 21% | 23% | 21% | 24% | 20% |
1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 4 | |
Interest | 2 | 2 | 2 | 2 | 1 | 2 | 4 | 5 | 4 | 3 | 3 | 3 |
Depreciation | 5 | 5 | 4 | 5 | 5 | 4 | 5 | 7 | 7 | 8 | 8 | 8 |
Profit before tax | 7 | 9 | 17 | 23 | 28 | 32 | 36 | 20 | 25 | 32 | 43 | 34 |
Tax % | 45% | 31% | 31% | 36% | 31% | 35% | 30% | 27% | 24% | 24% | 23% | 25% |
4 | 6 | 12 | 15 | 19 | 21 | 25 | 14 | 19 | 25 | 33 | 26 | |
EPS in Rs | 0.66 | 1.10 | 2.06 | 2.66 | 3.41 | 3.76 | 4.51 | 2.57 | 3.35 | 4.38 | 5.84 | 4.58 |
Dividend Payout % | 50% | 45% | 32% | 31% | 29% | 40% | 33% | 97% | 45% | 46% | 34% | 49% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 3% |
3 Years: | 11% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 0% |
3 Years: | 11% |
TTM: | -21% |
Stock Price CAGR | |
---|---|
10 Years: | 29% |
5 Years: | 9% |
3 Years: | 22% |
1 Year: | -9% |
Return on Equity | |
---|---|
10 Years: | 24% |
5 Years: | 21% |
3 Years: | 23% |
Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 28 | 31 | 38 | 47 | 59 | 71 | 85 | 83 | 93 | 106 | 128 | 141 |
25 | 20 | 17 | 12 | 21 | 25 | 46 | 38 | 29 | 23 | 15 | 34 | |
15 | 18 | 19 | 16 | 17 | 23 | 22 | 23 | 27 | 28 | 34 | 43 | |
Total Liabilities | 73 | 74 | 78 | 80 | 103 | 126 | 158 | 149 | 155 | 163 | 182 | 223 |
36 | 38 | 36 | 35 | 37 | 48 | 56 | 72 | 80 | 79 | 76 | 72 | |
CWIP | 2 | 1 | 0 | 1 | 4 | 5 | 19 | 10 | 1 | 0 | 8 | 14 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 1 | 0 | 10 | 28 |
34 | 36 | 42 | 44 | 62 | 73 | 80 | 67 | 72 | 85 | 87 | 108 | |
Total Assets | 73 | 74 | 78 | 80 | 103 | 126 | 158 | 149 | 155 | 163 | 182 | 223 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3 | 10 | 8 | 5 | 20 | 23 | 26 | 30 | 24 | 24 | 50 | 36 | |
-6 | -4 | -2 | -4 | -10 | -15 | -30 | -10 | -6 | -3 | -23 | -27 | |
4 | -6 | -3 | -4 | 1 | -7 | 5 | -29 | -21 | -20 | -23 | 4 | |
Net Cash Flow | 0 | 1 | 2 | -4 | 12 | 2 | 1 | -8 | -3 | 1 | 4 | 13 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 78 | 75 | 73 | 82 | 86 | 89 | 83 | 93 | 108 | 94 | 83 | 95 |
Inventory Days | 97 | 99 | 91 | 110 | 107 | 99 | 96 | 128 | 114 | 93 | 90 | 101 |
Days Payable | 62 | 81 | 59 | 64 | 70 | 73 | 58 | 76 | 87 | 58 | 52 | 55 |
Cash Conversion Cycle | 113 | 94 | 105 | 129 | 123 | 115 | 120 | 144 | 135 | 129 | 121 | 140 |
Working Capital Days | 72 | 58 | 61 | 87 | 91 | 86 | 87 | 95 | 100 | 94 | 72 | 74 |
ROCE % | 16% | 20% | 33% | 40% | 38% | 36% | 33% | 18% | 22% | 26% | 32% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
16 May - Transcript of the Earnings Conference Call which was held on 14th May, 2024 at 14:00 p.m. with the officials of the Company for the Audited …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
14 May - The officials of the Company had an earnings conference call relating to the Audited Standalone & Consolidated Financial Results of the Company for the quarter …
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Announcement under Regulation 30 (LODR)-Investor Presentation
14 May - Revised Investor Presentation titled "Menon Bearings Ltd. - Investor Presentation May 2024" giving highlights of Operational and Financial Performance for Q4 & FY24.
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Announcement under Regulation 30 (LODR)-Investor Presentation
12 May - Pursuent to Regulations 30 of the SEBI (LODR) Regulations, 2015 please find attached herewith Investor Presentation titled "Menon Bearings Limited Investor Presentation - May, 2024 …
- Results - Financial Results For Quarter And Year Ended 31.03.2024 10 May
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
from bse
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Financial Year 2009
from bse
Concalls
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May 2024Transcript PPT
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May 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Nov 2023Transcript PPT
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May 2023Transcript PPT
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Jan 2023TranscriptNotesPPT
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Oct 2022TranscriptNotesPPT
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Oct 2022TranscriptNotesPPT
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Oct 2020TranscriptNotesPPT
Product Portfolio
The products manufactured by the Co. consist of Bearings, Bushes, Thrust Washers, Strips and Aluminium Die Casting Components. [1]