Menon Bearings Limited (MENONBE) AI Stock Analysis

• Market Cap: ₹5.99B
• Dividend Yield: 1.9%
• Average Volume (3M): 6.12K
• Price to Earnings (P/E): 22.0
• Beta (1Y): 1.10
• Revenue Growth: 13.38%
• EPS Growth: 13.98%
• Country: IN
• Employees: 243
• Sector: General
• Sector Strength: N/A
• Industry: Auto - Parts
• EPS (TTM): 1.21
• Shares Outstanding: 56,040,000
• 10 Day Avg. Volume: 4,658
• 30 Day Avg. Volume: 6,118
• PEG Ratio: 8.87
• Price to Book (P/B): 3.21
• Price to Sales (P/S): 2.13
• P/FCF Ratio: -128.01
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: ₹127.00 ▲(18.75% Upside)

Menon Bearings Limited has a strong financial foundation with consistent revenue growth and profitability, which is the most significant factor in its score. However, technical indicators suggest bearish momentum, and valuation metrics indicate moderate pricing. The lack of earnings call and corporate events data limits further insights.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective sales strategies, supporting long-term business expansion and stability.

Competitive Positioning

Strong export sales highlight competitive positioning in global markets, enhancing revenue diversification and reducing dependency on domestic sales.

Profitability

Strong profitability metrics suggest efficient cost management and pricing power, supporting sustainable earnings and reinvestment capacity.

Negative Factors

Cash Flow Management

Inconsistent free cash flow can hinder the company's ability to fund long-term investments and respond to market opportunities, affecting growth prospects.

Operational Efficiency

Volatility in operational efficiency could lead to unpredictable earnings, impacting investor confidence and the company's ability to maintain margins.

Cash Flow Stability

Improving cash flow stability is crucial for maintaining financial health and supporting strategic initiatives without relying on external financing.

Menon Bearings Limited Business Overview & Revenue Model

Company Description

Menon Bearings Limited engages in the manufacture and sale of auto components in India. Its bearing products include bi-metal engine bearings; bushes and thrust washers for light and heavy automobile engines, and two-wheeler engines; and compressors for refrigerators, air conditioners, etc. The company also provides high pressure aluminum die cast and machined components, such as motor end shields, compressor bearing connecting rods, engine components, gear case covers, and clutch assemblies; cylinder heads and brake parts; and engine parts, portable tools, fuel pump parts, pressure and temperature transmitter parts, explosion proof parts, and gravity die cast parts. Its products are used in various applications, which include automotive engines, compressors, generators, stationary and marine engines, and agricultural earthmovers and tillers. The company also exports its products to the United States, Japan, the United Kingdom, Italy, France, China, Mexico, Brazil, Belgium, etc. Menon Bearings Limited was incorporated in 1991 and is based in Kolhapur, India.

How the Company Makes Money

Menon Bearings Limited generates revenue through multiple key streams, primarily by selling its core products—bearings and related components—to various industries such as automotive, industrial machinery, and aerospace. The company earns money through direct sales to manufacturers and distributors, as well as through long-term contracts with major clients for bulk purchases. Additionally, MENONBE may engage in partnerships with other companies for joint ventures or collaborations, enhancing its market reach and product offerings. The company also benefits from after-sales services, including maintenance and support, which provide recurring revenue. Factors contributing to its earnings include its reputation for quality, strategic pricing, and the ability to adapt to changing market demands.

Menon Bearings Limited Financial Statement Overview

Summary

Menon Bearings Limited demonstrates strong financial performance with consistent revenue growth and profitability. The balance sheet is solid with adequate equity and controlled leverage. However, cash flow management requires attention to ensure stability in free cash flow.

Income Statement

Menon Bearings Limited shows a strong performance in its income statement. Gross profit and net profit margins are robust, with a notable improvement in EBIT margin over the years. Revenue growth has been consistent, reflecting an upward trajectory in sales. However, slight fluctuations in EBITDA indicate potential volatility in operational efficiency.

Balance Sheet

The balance sheet reflects strong equity with a decent equity ratio, indicating a stable financial position. The debt-to-equity ratio is moderate, showing controlled leverage. Return on equity remains healthy, though there is room for improvement. Overall, the company maintains a solid financial foundation with manageable liabilities.

Cash Flow

The cash flow statement reveals strong operating cash flow relative to net income, indicating efficient cash generation from operations. Nevertheless, free cash flow has been inconsistent, highlighting challenges in managing capital expenditures. The company needs to ensure sustained free cash flow growth to support long-term investments.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.49B	2.39B	2.12B	2.17B	1.96B	1.49B
Gross Profit	1.57B	1.41B	1.27B	1.29B	977.89M	849.96M
EBITDA	535.28M	419.19M	451.19M	533.34M	426.89M	359.26M
Net Income	272.07M	249.34M	243.55M	326.02M	245.34M	188.00M
Balance Sheet
Total Assets	0.00	2.31B	2.07B	1.82B	1.63B	1.55B
Cash, Cash Equivalents and Short-Term Investments	199.96M	199.96M	242.21M	113.72M	70.22M	60.77M
Total Debt	0.00	428.35M	347.54M	146.45M	232.82M	291.79M
Total Liabilities	-1.59B	720.28M	620.49M	483.48M	513.50M	560.77M
Stockholders Equity	1.59B	1.59B	1.45B	1.33B	1.12B	987.17M
Cash Flow
Free Cash Flow	0.00	-39.73M	99.98M	361.37M	178.45M	86.04M
Operating Cash Flow	0.00	270.50M	283.35M	500.88M	242.18M	242.17M
Investing Cash Flow	0.00	-264.24M	-194.76M	-229.51M	-34.86M	-61.16M
Financing Cash Flow	0.00	-66.32M	39.76M	-227.56M	-196.96M	-212.08M

Menon Bearings Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 106.95
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MENONBE, the sentiment is Neutral. The current price of 106.95 is above the 20-day moving average (MA) of 106.27, below the 50-day MA of 112.60, and below the 200-day MA of 115.43, indicating a neutral trend. The MACD of -2.20 indicates Negative momentum. The RSI at 46.03 is Neutral, neither overbought nor oversold. The STOCH value of 56.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:MENONBE.

Menon Bearings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NRBBEARING	73 Outperform	₹27.42B	29.82	―	2.39%	9.63%	-64.21%
HINDCOMPOS	68 Neutral	₹6.47B	21.71	―	0.46%	13.92%	-8.06%
MENONBE	66 Neutral	₹5.99B	21.96	―	1.90%	13.38%	13.98%
MUNJALAU	56 Neutral	₹8.08B	24.43	―	1.24%	13.34%	-26.93%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
SUNDRMBRAK	55 Neutral	₹2.75B	-190.30	―	0.22%	4.26%	-121.56%

Menon Bearings Limited Corporate Events

Menon Bearings Limited Reports Stable Financial Performance for September 2025

Menon Bearings Limited announced the approval of its un-audited standalone and consolidated financial results for the quarter and half-year ending September 30, 2025. The results, prepared in accordance with Indian Accounting Standards, indicate a stable financial performance with a notable profit before tax. This announcement reflects the company’s ongoing commitment to transparency and could positively impact its market positioning and stakeholder confidence.

Menon Bearings Limited Reports Stable Financial Results for September 2025 Quarter

Menon Bearings Limited announced the approval of its Un-Audited Standalone and Consolidated Financial Results for the quarter and half year ending September 30, 2025. The results, prepared according to Indian Accounting Standards, indicate a stable financial performance with a net profit after tax of Rs. 5,33.08 lakh for the quarter. This financial update reflects the company’s ongoing commitment to transparency and its ability to maintain profitability amidst market challenges.

Menon Bearings Limited Schedules Investor Meeting

Menon Bearings Limited has announced a virtual meeting scheduled for October 29, 2025, where company officials will engage with investors and analysts. The discussions will be based on publicly available information, ensuring no unpublished price-sensitive information is shared. This meeting is part of their regular communication strategy to maintain transparency with stakeholders.

Menon Bearings Limited Announces Board Changes

Menon Bearings Limited announced a change in its board of directors, with Mr. Mukund Laxmanrao Shinde resigning as a Non-Executive Independent Director due to personal reasons. In his place, Mr. Nandan Borgalkar has been appointed as a Non-Executive Independent Director for a five-year term, starting from October 1, 2025. This transition is expected to maintain the company’s governance stability and ensure continued compliance with regulatory standards.