Menon Bearings Ltd
- Market Cap ₹ 705 Cr.
- Current Price ₹ 126
- High / Low ₹ 146 / 96.4
- Stock P/E 27.0
- Book Value ₹ 23.8
- Dividend Yield 1.59 %
- ROCE 17.2 %
- ROE 14.4 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 46.3%
Cons
- The company has delivered a poor sales growth of 3.74% 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 87 | 103 | 111 | 124 | 146 | 174 | 139 | 149 | 198 | 219 | 208 | 167 | 194 | |
| 71 | 81 | 82 | 90 | 108 | 131 | 109 | 115 | 155 | 166 | 164 | 134 | 156 | |
| Operating Profit | 15 | 23 | 29 | 33 | 37 | 43 | 30 | 34 | 42 | 53 | 44 | 33 | 38 |
| OPM % | 18% | 22% | 26% | 27% | 26% | 25% | 21% | 23% | 21% | 24% | 21% | 20% | 20% |
| 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 2 | 1 | 3 | |
| Interest | 2 | 2 | 2 | 1 | 2 | 4 | 5 | 4 | 3 | 3 | 3 | 3 | 3 |
| Depreciation | 5 | 4 | 5 | 5 | 4 | 5 | 7 | 7 | 8 | 8 | 8 | 4 | 4 |
| Profit before tax | 9 | 17 | 23 | 28 | 32 | 36 | 20 | 25 | 32 | 43 | 34 | 27 | 35 |
| Tax % | 31% | 31% | 36% | 31% | 35% | 30% | 27% | 24% | 24% | 23% | 25% | 25% | |
| 6 | 12 | 15 | 19 | 21 | 25 | 14 | 19 | 25 | 33 | 26 | 20 | 26 | |
| EPS in Rs | 1.10 | 2.06 | 2.66 | 3.41 | 3.76 | 4.51 | 2.57 | 3.35 | 4.38 | 5.84 | 4.58 | 3.60 | 4.67 |
| Dividend Payout % | 45% | 32% | 31% | 29% | 40% | 33% | 97% | 45% | 46% | 34% | 49% | 56% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 4% |
| 3 Years: | -5% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 7% |
| 3 Years: | -6% |
| TTM: | 26% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 18% |
| 3 Years: | 4% |
| 1 Year: | 23% |
| Return on Equity | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 20% |
| 3 Years: | 19% |
| Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 31 | 38 | 47 | 59 | 71 | 85 | 83 | 93 | 106 | 128 | 141 | 126 | 128 |
| 20 | 17 | 12 | 21 | 25 | 46 | 38 | 29 | 23 | 15 | 34 | 29 | 34 | |
| 18 | 19 | 16 | 17 | 23 | 22 | 23 | 27 | 28 | 34 | 26 | 21 | 22 | |
| Total Liabilities | 74 | 78 | 80 | 103 | 126 | 158 | 149 | 155 | 163 | 182 | 207 | 182 | 190 |
| 38 | 36 | 35 | 37 | 48 | 56 | 72 | 80 | 79 | 76 | 72 | 74 | 75 | |
| CWIP | 1 | 0 | 1 | 4 | 5 | 19 | 10 | 1 | 0 | 8 | 14 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 1 | 0 | 10 | 12 | 34 | 35 |
| 36 | 42 | 44 | 62 | 73 | 80 | 67 | 72 | 85 | 87 | 109 | 74 | 81 | |
| Total Assets | 74 | 78 | 80 | 103 | 126 | 158 | 149 | 155 | 163 | 182 | 207 | 182 | 190 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10 | 8 | 5 | 20 | 23 | 26 | 30 | 24 | 24 | 50 | 20 | 44 | |
| -4 | -2 | -4 | -10 | -15 | -30 | -10 | -6 | -3 | -23 | -11 | -34 | |
| -6 | -3 | -4 | 1 | -7 | 5 | -29 | -21 | -20 | -23 | 4 | -16 | |
| Net Cash Flow | 1 | 2 | -4 | 12 | 2 | 1 | -8 | -3 | 1 | 4 | 13 | -6 |
| Free Cash Flow | 6 | 5 | 1 | 10 | 7 | -2 | 16 | 18 | 19 | 36 | 10 | 31 |
| CFO/OP | 68% | 34% | 16% | 60% | 61% | 59% | 102% | 70% | 57% | 95% | 45% | 134% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 75 | 73 | 82 | 86 | 89 | 83 | 93 | 108 | 94 | 83 | 94 | 84 |
| Inventory Days | 99 | 91 | 110 | 107 | 99 | 96 | 128 | 114 | 93 | 90 | 101 | 85 |
| Days Payable | 81 | 59 | 64 | 70 | 73 | 58 | 76 | 87 | 58 | 52 | 55 | 52 |
| Cash Conversion Cycle | 94 | 105 | 129 | 123 | 115 | 120 | 144 | 135 | 129 | 121 | 140 | 117 |
| Working Capital Days | -1 | 16 | 53 | 38 | 35 | 48 | 48 | 61 | 63 | 57 | 76 | 62 |
| ROCE % | 20% | 33% | 40% | 38% | 36% | 33% | 18% | 22% | 26% | 32% | 23% | 17% |
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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Please Find Enclosed The Communication For Creating Awareness Among Shareholders To Update Their Details And Claim Any Unpaid Or Unclaimed Dividends Before They Get Transferred To The Investor Education And Protection Fund Under Second 100 Days Campaign Viz. 'Saksham Niveshak'
9h - Menon Bearings launches Saksham Niveshak campaign from April 1 to July 9, 2026 for unclaimed dividends and KYC updates.
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Announcement under Regulation 30 (LODR)-Credit Rating
28 Apr - CRISIL reaffirmed Menon Bearings’ BBB+/Stable and A2 ratings on Rs 20.96 crore bank facilities.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Apr - Regarding Newspaper Publication of the postal Ballot Notice
- Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 -Postal Ballot Notice 9 Apr
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
9 Apr - Postal ballot for Arun Aradhye’s appointment as Managing Director from 4 March 2026; R.D. Dixit stepped down.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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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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Concalls
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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.