Menon Bearings Ltd.

274.64-1.62%

2026-08-21

menonbearings.inBSE: 523828NSE: MENONBE
Market Cap₹ 1,510 Cr.
Current Price₹ 279
High / Low₹ 266 / 102
Stock P/E34.4
Book Value₹ 36
Price to Book3.10
Dividend Yield0.74 %
ROCE25.6 %
ROE22.2 %
Face Value₹ 1

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ABOUT

KEY POINTS

PROS

  • Company has a healthy return on capital (ROCE) of 22.6%
  • Latest quarter profit grew 67.3% YoY, showing strong momentum
  • Company comfortably covers its interest (10.9x coverage)
  • Company generates healthy free cash flow
  • Company maintains a comfortable, low leverage position

CONS

  • Receivables are growing faster than sales - a possible quality concern
  • Valuation is stretched - P/E of 34.4 is well above its own 5-year median (20.3)
  • Expensive relative to growth - PEG of 6.3

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.SCHAEFFLER4106.2051.2064181.410.85325.7813.472760.5517.3427.5518.08
2.TIMKEN3232.3558.6024313.330.081196.59528.779433.20891.4519.1418.83
3.SKFINDUS2800.050.0013842.880.3661.92-48.96970.7734.7215.899.09
4.SKFINDIA1630.9538.468063.082.4561.92-47.62587.79-54.1922.0914.99
5.NRBBEARING484.4031.834694.931.6437.7615.09369.5319.1818.3117.23
6.ROLEXRINGS174.800.004585.580.0060.1422.34304.344.3820.9822.58
7.MENONBE269.4034.371509.720.7414.1167.3491.7936.5725.5921.93
8.BIMETAL618.0020.70236.382.183.94-7.0679.5310.987.016.32
9.NIBL31.130.0075.430.00-6.59-29.5718.901.90-18.80-7.86
10.AUSTENG121.809.9742.360.000.94-38.7632.28-10.688.164.86
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023
55
43
Operating Profit
OPM %
Other Income
0
Interest
1
Depreciation
2
10
Tax %
25.54%
Net Profit
0
1
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Sep 2023
51
41
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
2
8
Tax %
25.56%
Net Profit
0
1
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Dec 2023
52
42
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
2
7
Tax %
24.86%
Net Profit
0
1
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Mar 2024
54
44
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
2
8
Tax %
30.36%
Net Profit
0
1
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Jun 2024
58
47
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
2
8
Tax %
25.15%
Net Profit
6
1
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Sep 2024
59
48
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
2
9
Tax %
25.39%
Net Profit
7
1
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Dec 2024
58
49
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
2
7
Tax %
25.17%
Net Profit
5
1
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Mar 2025
64
54
Operating Profit
OPM %
Other Income
2
Interest
1
Depreciation
2
9
Tax %
29.18%
Net Profit
7
1
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
67
54
Operating Profit
OPM %
Other Income
2
Interest
1
Depreciation
2
11
Tax %
23.78%
Net Profit
8
2
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
63
53
Operating Profit
OPM %
Other Income
2
Interest
1
Depreciation
2
9
Tax %
21.50%
Net Profit
7
1
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Dec 2025
77
62
Operating Profit
OPM %
Other Income
2
Interest
1
Depreciation
2
12
Tax %
25.22%
Net Profit
9
2
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Mar 2026
87
66
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
3
18
Tax %
23.80%
Net Profit
14
2
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
92
76
Operating Profit
OPM %
Other Income
3
Interest
1
Depreciation
3
19
Tax %
23.79%
Net Profit
14
0
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
6
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023
219
167
Operating Profit
53
OPM %
24
Other Income
1
Interest
3
Depreciation
8
43
Tax %
23
Net Profit
33
EPS
6
Dividend Payout %
34
Minority Interest
0
Share of Associates
0
Adjusted EPS
6
Minority Interest
0
Share of Associates
0
Adjusted EPS
6
Mar 2024
213
169
Operating Profit
45
OPM %
21
Other Income
2
Interest
3
Depreciation
9
33
Tax %
27
Net Profit
24
EPS
4
Dividend Payout %
52
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Mar 2025
243
197
Operating Profit
46
OPM %
19
Other Income
1
Interest
4
Depreciation
9
34
Tax %
26
Net Profit
25
EPS
4
Dividend Payout %
45
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Mar 2026
299
235
Operating Profit
65
OPM %
22
Other Income
1
Interest
5
Depreciation
10
50
Tax %
24
Net Profit
38
EPS
7
Dividend Payout %
29
Minority Interest
0
Share of Associates
0
Adjusted EPS
7
Minority Interest
0
Share of Associates
0
Adjusted EPS
7
TTM
318
257
Operating Profit
OPM %
Other Income
7
Interest
5
Depreciation
10
58
Tax %
24
Net Profit
44
EPS
Dividend Payout %
Minority Interest
0
Share of Associates
0
Adjusted EPS
Minority Interest
0
Share of Associates
0
Adjusted EPS

COMPOUNDED SALES GROWTH

10 Years:
5 Years:
3 Years:
11%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
3 Years:
5%

STOCK PRICE CAGR

10 Years:
15%
5 Years:
32%
3 Years:
28%
1 Year:
114%

RETURN ON EQUITY

10 Years:
5 Years:
3 Years:
19%
Last Year:
22%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2016

Aug 30

1:5

Mar 2023
Equity Capital
6
128
9
Trade Payables
13
19
Total Liabilities
174
76
Capital Work in Progress
8
1
22
0
Cash & Bank
13
53
Total Assets
174
Total Debt
15
Net Working Capital
56
Contingent Liabilities
0
Book Value per Share
23.79
Face Value
1.00
Total Debt
15
Net Working Capital
56
Contingent Liabilities
0
Book Value per Share
23.79
Face Value
1.00
Mar 2024
Equity Capital
6
139
15
Trade Payables
13
34
Total Liabilities
207
80
Capital Work in Progress
14
4
23
55
Cash & Bank
26
5
Total Assets
207
Total Debt
34
Net Working Capital
69
Contingent Liabilities
0
Book Value per Share
25.85
Face Value
1.00
Total Debt
34
Net Working Capital
69
Contingent Liabilities
0
Book Value per Share
25.85
Face Value
1.00
Mar 2025
Equity Capital
6
153
20
Trade Payables
15
37
Total Liabilities
231
102
Capital Work in Progress
9
5
27
61
Cash & Bank
20
6
Total Assets
231
Total Debt
42
Net Working Capital
66
Contingent Liabilities
0
Book Value per Share
28.29
Face Value
1.00
Total Debt
42
Net Working Capital
66
Contingent Liabilities
0
Book Value per Share
28.29
Face Value
1.00
Mar 2026
Equity Capital
6
180
25
Trade Payables
20
38
Total Liabilities
268
119
Capital Work in Progress
0
6
31
91
Cash & Bank
13
8
Total Assets
268
Total Debt
46
Net Working Capital
84
Contingent Liabilities
0
Book Value per Share
33.07
Face Value
1.00
Total Debt
46
Net Working Capital
84
Contingent Liabilities
0
Book Value per Share
33.07
Face Value
1.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023
50
Cash from Investing
-23
Cash from Financing
-23
4
Free Cash Flow
50
OCF / Net Profit
1.54
Cumulative 5-Year FCF
0
OCF / Net Profit
1.54
Cumulative 5-Year FCF
0
Mar 2024
28
Cash from Investing
-19
Cash from Financing
4
13
Free Cash Flow
10
OCF / Net Profit
1.16
Cumulative 5-Year FCF
0
OCF / Net Profit
1.16
Cumulative 5-Year FCF
0
Mar 2025
27
Cash from Investing
-26
Cash from Financing
-7
-6
Free Cash Flow
1
OCF / Net Profit
1.08
Cumulative 5-Year FCF
0
OCF / Net Profit
1.08
Cumulative 5-Year FCF
0
Mar 2026
23
Cash from Investing
-18
Cash from Financing
-12
-7
Free Cash Flow
5
OCF / Net Profit
0.61
Cumulative 5-Year FCF
0
OCF / Net Profit
0.61
Cumulative 5-Year FCF
0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023
EPS (₹)
5.82
Book Value (₹)
23.79
Dividend per Share (₹)
2.00
Cash EPS (₹)
7.23
Operating Margin %
24.31%
Net Margin %
14.86%
ROE %
44.13%
ROCE %
47.99%
27.61%
Debtor Days
52
Inventory Days
24
Payable Days
35
41
Debt to Equity (x)
0.11x
Interest Coverage (x)
15.60x
2.81x
Revenue Growth %
465.95%
Operating Profit Growth %
549.07%
Net Profit Growth %
1509.03%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
4.35
Book Value (₹)
25.85
Dividend per Share (₹)
2.25
Cash EPS (₹)
5.90
Operating Margin %
20.37%
Net Margin %
11.45%
ROE %
17.51%
ROCE %
22.30%
12.80%
Debtor Days
90
Inventory Days
38
Payable Days
57
71
Debt to Equity (x)
0.23x
Interest Coverage (x)
11.14x
2.78x
Revenue Growth %
-3.07%
Operating Profit Growth %
-15.40%
Net Profit Growth %
-25.30%
-25.30%
P/E (x)
25.79x
P/B (x)
4.34x
Dividend Yield %
2.01%
14.09x
Mar 2025
EPS (₹)
4.45
Book Value (₹)
28.29
Dividend per Share (₹)
2.00
Cash EPS (₹)
6.02
Operating Margin %
18.62%
Net Margin %
10.28%
ROE %
16.44%
ROCE %
19.84%
11.40%
Debtor Days
87
Inventory Days
38
Payable Days
52
72
Debt to Equity (x)
0.26x
Interest Coverage (x)
10.00x
2.46x
Revenue Growth %
14.06%
Operating Profit Growth %
2.88%
Net Profit Growth %
2.38%
2.38%
P/E (x)
20.30x
P/B (x)
3.19x
Dividend Yield %
2.21%
11.38x
Mar 2026
EPS (₹)
6.83
Book Value (₹)
33.07
Dividend per Share (₹)
2.00
Cash EPS (₹)
8.61
Operating Margin %
21.51%
Net Margin %
12.77%
ROE %
22.25%
ROCE %
25.59%
15.34%
Debtor Days
92
Inventory Days
35
Payable Days
53
75
Debt to Equity (x)
0.25x
Interest Coverage (x)
10.87x
2.49x
Revenue Growth %
23.48%
Operating Profit Growth %
40.49%
Net Profit Growth %
53.41%
53.41%
P/E (x)
15.04x
P/B (x)
3.10x
Dividend Yield %
1.95%
9.33x

Shareholding Pattern

Numbers in percentages

TRADES
Jun 2024
70.18
0.58
0.00
Government
0.00
29.24
Sep 2024
68.44
0.45
0.00
Government
0.00
31.11
Dec 2024
68.44
0.46
0.00
Government
0.00
31.10
Mar 2025
68.44
0.46
0.00
Government
0.00
31.10
Jun 2025
68.44
0.45
0.00
Government
0.00
31.11
Sep 2025
68.44
0.41
0.00
Government
0.00
31.15
Dec 2025
68.44
0.38
0.00
Government
0.00
31.18
Mar 2026
68.44
0.21
0.03
Government
0.00
31.32
Jun 2026
68.44
0.14
0.40
Government
0.00
31.01

Documents

Announcements

  • Shareholders meeting

    2026-08-07 - Menon Bearings Limited has informed the Exchange about Shareholders meeting

  • Shareholders meeting

    2026-08-06 - Menon Bearings Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 06, 2026

Credit Ratings

Nothing filed yet.

Concalls