Menon Bearings Ltd
NSE:MENONBE
Menon Bearings Ltd
Menon Bearings Ltd. engages in the manufacture and sale of bearings, bushes, and thrust washers. The company is headquartered in Kolhapur, Maharashtra. The firm's products include bi-metal engine bearings; bushes and thrust washers for light and heavy automobile engines; two-wheeler engines, and compressors for refrigerators, air conditioners and others. The company offers aluminum die casting components. Its bearing products include bearings for connecting rods, bearings for crank shafts, flanged bearings and trimetal bearings. The company offers truncated bushes for connecting rods; ball indented bushes; bushes for connecting rods; cam shafts; rock shafts, and rocker arms. Its thrust washers include washers with thrust face contours and ring type thrust washers. Its aluminum products include engine components, gear case covers, clutch assembly, cylinder heads for automobile engines, break parts, engine parts, portable tools and fuel pump parts.
Menon Bearings Ltd. engages in the manufacture and sale of bearings, bushes, and thrust washers. The company is headquartered in Kolhapur, Maharashtra. The firm's products include bi-metal engine bearings; bushes and thrust washers for light and heavy automobile engines; two-wheeler engines, and compressors for refrigerators, air conditioners and others. The company offers aluminum die casting components. Its bearing products include bearings for connecting rods, bearings for crank shafts, flanged bearings and trimetal bearings. The company offers truncated bushes for connecting rods; ball indented bushes; bushes for connecting rods; cam shafts; rock shafts, and rocker arms. Its thrust washers include washers with thrust face contours and ring type thrust washers. Its aluminum products include engine components, gear case covers, clutch assembly, cylinder heads for automobile engines, break parts, engine parts, portable tools and fuel pump parts.
Strong Revenue Growth: Q3 FY26 consolidated revenue rose 32% year-on-year to INR 76.9 crores, with 9-month revenue up 18% YoY to INR 206.6 crores.
Profitability Surge: Q3 profit before tax increased 69% YoY to INR 12.4 crores, and PAT also grew 69% to INR 9.3 crores. Margins expanded to 20.5%.
Exports Momentum: Export share grew to 36% of Q3 revenues, aided by new business with major US customers and minimal tariff impact.
Sustained Margin Outlook: Management expects to maintain strong margins through partial raw material cost pass-through and efficiency improvements despite commodity volatility.
Brakes Business Scaling: Brakes segment nears INR 1 crore monthly sales with new OEM discussions and railway segment expansion in progress.
Cost Savings Initiatives: Solar installation and process improvements are expected to save INR 2.25 crores and at least INR 8 crores per year, respectively.
Capacity Utilization & CapEx: Capacity utilization stands at 90% for bearings, 65% for aluminum, and 60–65% for brakes; major CapEx is largely complete with only INR 20 crores planned over two years.
Positive Order Book & Guidance: Projected order book supports revenue targets of INR 295 crores for FY26, INR 350 crores for FY27, and INR 425 crores for FY28, with margins expected to rise to 21–22%.
