Menon Bearings Limited
NSE: MENONBE · Auto Components & Equipments · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 132 companies in Auto Components & Equipments (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹13 cr vs borrowings ₹46 cr (FY26): borrowings are higher by ₹33 cr.
- Borrowings rose in each of the last 3 years (₹15 cr → ₹46 cr).
- Operating profit covered interest 11.9x in the last 12 months.
- No promoter shares are pledged.
- Promoter holding fell by 1.78 percentage points in a year, to 66.66% (2026-09-30).
- Operating cash flow was below net profit in 2 of the last 5 years (FY26, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 17% of net profit in the last 12 months.
- Debtor days went from 95 (FY24) to 113 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹271.20 on 2026-10-26: -17.8% from the 52-week high, +167.2% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 59 | 58 | 64 | 67 | 63 | 77 | 87 | 92 |
| EBITDA | 12 | 10 | 10 | 13 | 10 | 14 | 22 | 20 |
| OPM % | 19.4% | 16.7% | 15.7% | 19.2% | 15.6% | 18.8% | 24.8% | 21.9% |
| Other income | 1 | 1 | 2 | 2 | 2 | 2 | 1 | 3 |
| Net profit | 7 | 5 | 7 | 8 | 7 | 9 | 14 | 14 |
| EPS (₹) | 1.20 | 0.98 | 1.18 | 1.50 | 1.21 | 1.65 | 2.46 | 2.52 |
| Revenue YoY | +5.3% | +31.7% | +36.6% | +36.6% | ||||
| Profit YoY | +1.3% | +69.1% | +108.5% | +67.4% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 195 | 217 | 211 | 239 | 294 | 318 |
| EBITDA | 40 | 50 | 41 | 42 | 59 | 66 |
| Net profit | 25 | 33 | 24 | 25 | 38 | 44 |
| EPS (₹) | 4.38 | 5.84 | 4.35 | 4.45 | 6.83 | 7.84 |
| Revenue growth | +11.0% | -2.9% | +13.5% | +22.8% | +28.0% | |
| Profit growth | +32.9% | -25.3% | +2.4% | +53.4% | +61.5% | |
| Dividend / share (₹) | 2.00 | 2.00 | 2.25 | 2.00 | 2.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +10.6% | +14.7% | +28.0% |
| Net profit | +5.5% | +15.3% | +61.5% |
| EPS | +5.4% | +15.3% | – |
| Share price | – | +43.4% (2y) | +108.5% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 133 | 145 | 159 | 185 |
| Borrowings | – | 15 | 34 | 42 | 46 |
| Cash & equivalents | – | 13 | 26 | 20 | 13 |
| Total assets | – | 174 | 207 | 231 | 268 |
| Fixed assets | – | 76 | 80 | 102 | 119 |
| Capital work in progress | – | 8 | 14 | 9 | 0 |
| Investments | – | 1 | 0 | 5 | 6 |
| Receivables | – | 50 | 55 | 61 | 91 |
| Inventory | – | 22 | 23 | 27 | 31 |
| Payables | – | 13 | 13 | 15 | 20 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 24 | 50 | 29 | 27 | 23 |
| Cash from investing | -3 | -23 | -19 | -26 | -18 |
| Cash from financing | -20 | -23 | 4 | -7 | -12 |
| Capex | 6 | 6 | 13 | 31 | 27 |
| Free cash flow | 18 | 44 | 16 | -4 | -4 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 24.5% | 16.8% | 15.7% | 20.6% |
| ROCE % | – | 30.7% | 20.4% | 18.8% | 23.9% |
| Debtor days | – | 84 | 95 | 92 | 113 |
| Inventory days | – | 90 | 102 | 101 | 93 |
| Payable days | – | 52 | 57 | 57 | 60 |
| Cash conversion cycle (days) | – | 122 | 140 | 136 | 146 |
| Working capital days | – | 93 | 120 | 101 | 104 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 66.66% |
| FIIs | 0.21% |
| DIIs | 2.16% |
| Government | 0.00% |
| Public (non-institutions) | 30.97% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 68.44% | 68.44% | 68.44% | 68.44% | 68.44% | 68.44% | 68.44% | 66.66% |
| Promoter group | % |
|---|---|
| Nitin R Menon | 27.56% |
| Menon United Private Limited | 24.30% |
| Anshul Nitin Menon | 5.17% |
| Aditya Nitin Menon | 5.17% |
| Sucheta Nitin Menon | 4.46% |
| Public holders above 1% | % |
|---|---|
| Investor Education and Protection Fund Authority Ministry of Corporate Affairs | 2.17% |
| Persistence Capital Fund I | 1.69% |
25,031 shareholders. Pledged: 0.00% of promoter shares.
Peers in Auto Components & Equipments
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| MOTHERSON | ₹1,62,274 cr | 37.0x | 4.0x | 11.6% | 12.9% | 9.3% | +17.0% | 0.44% |
| BOSCHLTD | ₹1,32,455 cr | 56.0x | 8.9x | 16.5% | 21.7% | 13.4% | +10.3% | 1.14% |
| BHARATFORG | ₹82,736 cr | 117.2x | 8.7x | 7.5% | 10.0% | 14.0% | +9.2% | 0.46% |
| UNOMINDA | ₹61,747 cr | 51.3x | 9.0x | 19.1% | 16.6% | 10.9% | +20.5% | 0.27% |
| SCHAEFFLER | ₹54,960 cr | 43.9x | 8.9x | 21.6% | 27.8% | 18.2% | – | – |
| SONACOMS | ₹48,637 cr | 69.8x | 8.1x | 12.0% | 15.2% | 23.6% | +18.7% | 0.41% |
| TIINDIA | ₹40,369 cr | 66.5x | 5.2x | 9.1% | 23.6% | 9.2% | +15.2% | 0.42% |
| ENDURANCE | ₹31,415 cr | 32.4x | 4.6x | 15.4% | 16.7% | 13.1% | +18.4% | 0.45% |
| EXIDEIND | ₹28,636 cr | 30.7x | 2.1x | 6.7% | 9.7% | 10.3% | +6.1% | 0.60% |
| MENONBE | ₹1,520 cr | 34.6x | 8.2x | 25.6% | 27.2% | 20.7% | +10.6% | 0.74% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-22 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2025-07-31 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2024-08-30 | Other | Annual General Meeting |
| 2024-07-26 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2023-07-24 | Dividend | Interim Dividend - Rs 2.25 Per Share |
| 2023-07-20 | Other | Annual General Meeting |
| 2022-09-14 | Other | Annual General Meeting |
| 2022-07-27 | Dividend | Interim Dividend- Rs 2 Per Share |
| 2021-10-27 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2021-07-22 | Other | Annual General Meeting |
| 2021-02-03 | Dividend | Interim Dividend - Rs 1.50 Per Share |
| 2020-08-13 | Other | Annual General Meeting |
| 2020-03-20 | Dividend | Interim Dividend - Rs 1.25 Per Share |
| 2019-07-26 | Dividend | Interim Dividend - Rs 1.25 Per Share |
| 2019-07-10 | Other | Annual General Meeting |
| 2018-10-31 | Dividend | Interim Dividend - Rs 1.50 Per Share |
| 2018-07-12 | Dividend | Annual General Meeting/Dividend- Re 0.25 Per Share |
| 2017-11-16 | Dividend | Interim Dividend - Re 0.50 Per Share (Purpose Revised) |
| 2017-07-31 | Dividend | Interim Dividend |
| 2017-07-31 | Dividend | Interim Dividend - Re 0.75 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Auto Components & Equipments |
| Sub-industry | Auto Components & Equipments |
| Symbol | MENONBE |
| BSE code | 523828 |
| ISIN | INE071D01033 |
| Face value | ₹1.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.