Menon Bearings Ltd

Menon Bearings Ltd

₹ 220 -2.89%
29 Jul 10:13 a.m.
About

Incorporated in 1991, Menon Bearings Ltd manufactures & exports Auto Components[1]

Key Points

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.

  • Market Cap 1,231 Cr.
  • Current Price 220
  • High / Low 229 / 101
  • Stock P/E 36.1
  • Book Value 27.3
  • Dividend Yield 0.90 %
  • ROCE 27.1 %
  • ROE 22.9 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 46.3%

Cons

  • Stock is trading at 8.29 times its book value
  • The company has delivered a poor sales growth of 7.72% 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
55 50 49 52 40 41 39 46 48 44 57 64 67
43 40 40 42 32 33 33 37 38 36 45 49 51
Operating Profit 12 10 10 11 8 8 7 9 10 8 12 15 16
OPM % 23% 21% 19% 20% 19% 21% 17% 19% 21% 18% 21% 23% 23%
0 1 1 1 0 0 1 1 1 1 1 2 1
Interest 1 1 1 1 1 1 1 0 1 1 1 1 1
Depreciation 2 2 2 2 1 1 1 1 1 1 1 2 1
Profit before tax 10 8 7 9 6 7 6 8 9 7 11 13 15
Tax % 25% 25% 24% 27% 24% 25% 25% 25% 24% 22% 26% 29% 24%
7 6 6 6 5 5 4 6 7 6 8 10 11
EPS in Rs 1.31 1.12 1.00 1.15 0.85 0.95 0.74 1.05 1.23 0.99 1.40 1.70 2.00
Raw PDF

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 TTM
103 111 124 146 174 139 149 198 219 208 167 217 232
81 82 90 108 131 109 115 155 166 164 134 169 182
Operating Profit 23 29 33 37 43 30 34 42 53 44 33 48 50
OPM % 22% 26% 27% 26% 25% 21% 23% 21% 24% 21% 20% 22% 22%
1 0 1 1 1 1 1 0 0 2 1 3 5
Interest 2 2 1 2 4 5 4 3 3 3 3 3 3
Depreciation 4 5 5 4 5 7 7 8 8 8 4 5 6
Profit before tax 17 23 28 32 36 20 25 32 43 34 27 43 46
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 34
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 6.09
Dividend Payout % 32% 31% 29% 40% 33% 97% 45% 46% 34% 49% 56% 34%
Compounded Sales Growth
10 Years: 7%
5 Years: 8%
3 Years: 0%
TTM: 34%
Compounded Profit Growth
10 Years: 8%
5 Years: 12%
3 Years: 0%
TTM: 53%
Stock Price CAGR
10 Years: 13%
5 Years: 23%
3 Years: 19%
1 Year: 63%
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% 30%

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 84 112
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 105 129 123 115 120 144 135 129 121 140 117 131
Working Capital Days 16 53 38 35 48 48 61 63 57 76 62 91
ROCE % 33% 40% 38% 36% 33% 18% 22% 26% 32% 23% 17% 27%

Insights

In beta
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Alkop Production Capacity
MT per annum

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Bi-Metals Production Capacity
lakh units per annum
Bimetal Product Mix
% of revenue
Export Revenue Share
% of revenue
Brakes Production Capacity
lakh pieces per annum
Alkop Capacity Utilization
%
Bi-Metals Capacity Utilization
%
OEM Revenue Share (Channel Mix)
% of revenue

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
70.18% 70.18% 70.18% 70.18% 68.44% 68.44% 68.44% 68.44% 68.44% 68.44% 68.44% 68.44%
0.57% 0.54% 0.56% 0.58% 0.45% 0.46% 0.46% 0.45% 0.41% 0.38% 0.21% 0.14%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.40%
29.25% 29.28% 29.26% 29.24% 31.11% 31.10% 31.11% 31.11% 31.15% 31.18% 31.31% 31.03%
No. of Shareholders 26,25627,18828,34026,79528,28028,03027,55226,86026,82326,26725,43624,403

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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