Menon Bearings Ltd
- Market Cap ₹ 834 Cr.
- Current Price ₹ 149
- High / Low ₹ 160 / 101
- Stock P/E 25.6
- Book Value ₹ 27.3
- Dividend Yield 1.34 %
- ROCE 27.0 %
- ROE 22.9 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
Cons
- The company has delivered a poor sales growth of 7.34% 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 103 | 111 | 124 | 146 | 174 | 139 | 149 | 198 | 219 | 208 | 167 | 213 | |
| 81 | 82 | 90 | 108 | 131 | 109 | 115 | 155 | 166 | 164 | 134 | 169 | |
| Operating Profit | 23 | 29 | 33 | 37 | 43 | 30 | 34 | 42 | 53 | 44 | 33 | 44 |
| OPM % | 22% | 26% | 27% | 26% | 25% | 21% | 23% | 21% | 24% | 21% | 20% | 21% |
| 1 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 2 | 1 | 7 | |
| Interest | 2 | 2 | 1 | 2 | 4 | 5 | 4 | 3 | 3 | 3 | 3 | 3 |
| Depreciation | 4 | 5 | 5 | 4 | 5 | 7 | 7 | 8 | 8 | 8 | 4 | 5 |
| Profit before tax | 17 | 23 | 28 | 32 | 36 | 20 | 25 | 32 | 43 | 34 | 27 | 43 |
| Tax % | 31% | 36% | 31% | 35% | 30% | 27% | 24% | 24% | 23% | 25% | 25% | 24% |
| 12 | 15 | 19 | 21 | 25 | 14 | 19 | 25 | 33 | 26 | 20 | 33 | |
| EPS in Rs | 2.06 | 2.66 | 3.41 | 3.76 | 4.51 | 2.57 | 3.35 | 4.38 | 5.84 | 4.58 | 3.60 | 5.82 |
| Dividend Payout % | 32% | 31% | 29% | 40% | 33% | 97% | 45% | 46% | 34% | 49% | 56% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 7% |
| 3 Years: | -1% |
| TTM: | 27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 12% |
| 3 Years: | 0% |
| TTM: | 63% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 18% |
| 3 Years: | 4% |
| 1 Year: | 28% |
| Return on Equity | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 21% |
| 3 Years: | 18% |
| Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 38 | 47 | 59 | 71 | 85 | 83 | 93 | 106 | 128 | 141 | 126 | 148 |
| 17 | 12 | 21 | 25 | 46 | 38 | 29 | 23 | 15 | 34 | 29 | 27 | |
| 19 | 16 | 17 | 23 | 22 | 23 | 27 | 28 | 34 | 26 | 21 | 29 | |
| Total Liabilities | 78 | 80 | 103 | 126 | 158 | 149 | 155 | 163 | 182 | 207 | 182 | 210 |
| 36 | 35 | 37 | 48 | 56 | 72 | 80 | 79 | 76 | 72 | 74 | 76 | |
| CWIP | 0 | 1 | 4 | 5 | 19 | 10 | 1 | 0 | 8 | 14 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 3 | 0 | 1 | 0 | 10 | 12 | 34 | 35 |
| 42 | 44 | 62 | 73 | 80 | 67 | 72 | 85 | 87 | 109 | 74 | 99 | |
| Total Assets | 78 | 80 | 103 | 126 | 158 | 149 | 155 | 163 | 182 | 207 | 182 | 210 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 8 | 5 | 20 | 23 | 26 | 30 | 24 | 24 | 50 | 20 | 44 | 14 | |
| -2 | -4 | -10 | -15 | -30 | -10 | -6 | -3 | -23 | -11 | -34 | -8 | |
| -3 | -4 | 1 | -7 | 5 | -29 | -21 | -20 | -23 | 4 | -16 | -16 | |
| Net Cash Flow | 2 | -4 | 12 | 2 | 1 | -8 | -3 | 1 | 4 | 13 | -6 | -9 |
| Free Cash Flow | 5 | 1 | 10 | 7 | -2 | 16 | 18 | 19 | 36 | 10 | 31 | 8 |
| CFO/OP | 34% | 16% | 60% | 61% | 59% | 102% | 70% | 57% | 95% | 45% | 134% | 33% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 73 | 82 | 86 | 89 | 83 | 93 | 108 | 94 | 83 | 94 | 84 | 114 |
| Inventory Days | 91 | 110 | 107 | 99 | 96 | 128 | 114 | 93 | 90 | 101 | 85 | 87 |
| Days Payable | 59 | 64 | 70 | 73 | 58 | 76 | 87 | 58 | 52 | 55 | 52 | 67 |
| Cash Conversion Cycle | 105 | 129 | 123 | 115 | 120 | 144 | 135 | 129 | 121 | 140 | 117 | 133 |
| Working Capital Days | 16 | 53 | 38 | 35 | 48 | 48 | 61 | 63 | 57 | 76 | 62 | 93 |
| ROCE % | 33% | 40% | 38% | 36% | 33% | 18% | 22% | 26% | 32% | 23% | 17% | 27% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Mar 2027 (P) | Mar 2028 (P) | |
|---|---|---|---|---|---|---|---|
| Installed Capacity - Alkop (Aluminium Die Casting) MTPA |
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| Installed Capacity - Bi-Metals (Bearings, Bushes, Washers) Lakh Units |
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| Revenue Mix - Exports % |
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| Installed Capacity - Brakes Lakh Pieces |
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| Order Book Guidance (Projected Revenue From Orders) Rs Crore |
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| Capacity Utilization - Aluminium Castings (Alkop) % |
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| Capacity Utilization - Bi-Meta Products % |
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| Capacity Utilization - Brakes % |
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| Cost Savings from Sustainability Projects (Solar, etc.) Rs Crore per year |
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| Number of Dealers and Distributors Number |
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| Retail Outlet Presence Number |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
1d - Submitted Annual Secretarial Compliance Report for FY ended 31 March 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
19 May - Menon Bearings held an earnings conference call on 19 May 2026 for FY26 results.
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Announcement under Regulation 30 (LODR)-Investor Presentation
16 May - Please find attached herewith Investor Presentation giving highlights of financial and operational performance for quarter and year ended as on 31st March 2026.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 16 May
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
14 May - Disclosure of Information pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015- Intimation of Schedule of Analyst / Institutional Investor meeting.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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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
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Concalls
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May 2026TranscriptAI SummaryPPT
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Jan 2026Transcript PPT
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT
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May 2025Transcript PPT
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Jan 2025TranscriptAI SummaryPPT
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Nov 2024Transcript PPT
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Jul 2024TranscriptAI SummaryPPT
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May 2024Transcript PPT
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May 2024TranscriptAI SummaryPPT
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Feb 2024TranscriptAI SummaryPPT
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Nov 2023Transcript PPT
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May 2023Transcript PPT
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Jan 2023TranscriptAI SummaryPPT
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Oct 2022TranscriptAI SummaryPPT
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Oct 2022TranscriptAI SummaryPPT
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Oct 2020TranscriptAI SummaryPPT
Business Overview:[1][2]
Based in Kolhapur, MBL is a premier Indian manufacturer of critical engine components, including bearings, bushes, and thrust washers designed for high-stress, heavy-duty diesel environments. The company operates across three strategic segments: Bimetal products, Alkop (aluminum die-casting), and Braking Systems.