Menon Bearings Ltd

Menon Bearings Ltd

₹ 119 0.16%
22 Nov - close price
About

Incorporated in 1991, Menon Bearings Ltd manufactures & exports Auto Components[1]

Key Points

Business Overview:[1][2]
MBL, part of the Kolhapur-based Menon Group, manufactures critical moving engine components like bearings, bushes, and thrust washers. These are used in high-temperature, high-RPM, high-pressure environments within long-haul, heavy-duty diesel engines, and multi-axle vehicles. Additionally, MBL produces aluminum die-casting components serving applications in engines, brakes, transmission, axles, steering, suspension, marine, power generation, and electrical systems.

  • Market Cap 667 Cr.
  • Current Price 119
  • High / Low 158 / 108
  • Stock P/E 27.8
  • Book Value 26.2
  • Dividend Yield 1.89 %
  • ROCE 21.8 %
  • ROE 17.2 %
  • Face Value 1.00

Pros

Cons

  • Promoter holding has decreased over last quarter: -1.74%

* 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.

Peer comparison

Sector: Auto Ancillaries Industry: Auto Ancillaries

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
49.65 53.87 55.53 50.72 51.49 54.80 57.69 59.39
37.16 40.26 43.16 40.56 41.98 43.66 47.02 47.89
Operating Profit 12.49 13.61 12.37 10.16 9.51 11.14 10.67 11.50
OPM % 25.16% 25.26% 22.28% 20.03% 18.47% 20.33% 18.50% 19.36%
0.68 0.20 0.00 0.98 0.90 0.00 0.70 0.96
Interest 0.80 0.68 0.58 0.88 0.93 0.88 0.88 1.13
Depreciation 2.05 1.90 2.08 2.25 2.20 2.18 2.26 2.35
Profit before tax 10.32 11.23 9.71 8.01 7.28 8.08 8.23 8.98
Tax % 24.81% 19.32% 25.54% 25.59% 24.86% 30.32% 25.15% 25.39%
7.75 9.06 7.24 5.97 5.47 5.62 6.16 6.70
EPS in Rs 1.38 1.62 1.29 1.07 0.98 1.00 1.10 1.20
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2023 Mar 2024 TTM
25 33 39 219 213 223
20 26 32 166 169 181
Operating Profit 5 6 7 53 43 43
OPM % 21% 19% 19% 24% 20% 19%
1 1 1 0 2 3
Interest 1 2 3 3 3 4
Depreciation 2 2 2 8 9 9
Profit before tax 3 3 4 42 33 33
Tax % 56% 58% 46% 23% 26%
1 1 2 33 24 24
EPS in Rs 0.25 0.19 0.35 5.82 4.35 4.28
Dividend Payout % 73% 108% 60% 34% 52%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 6%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -20%
Stock Price CAGR
10 Years: 18%
5 Years: 16%
3 Years: 12%
1 Year: -13%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 17%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2023 Mar 2024 Sep 2024
Equity Capital 5 5 5 6 6 6
Reserves 10 10 10 128 139 141
24 26 27 15 34 48
13 16 21 26 28 34
Total Liabilities 52 56 63 174 207 229
17 21 23 76 80 95
CWIP 4 1 1 8 14 11
Investments 0 0 0 1 4 5
30 34 38 87 109 117
Total Assets 52 56 63 174 207 229

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2023 Mar 2024
2 -3 9 50 28
-7 -4 -4 -23 -19
5 3 -3 -23 4
Net Cash Flow 0 -3 1 4 13

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2023 Mar 2024
Debtor Days 101 120 119 83 94
Inventory Days 193 182 161 90 102
Days Payable 115 73 90 52 57
Cash Conversion Cycle 180 230 189 121 139
Working Capital Days 150 163 116 85 99
ROCE % 12% 15% 22%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
71.25% 71.25% 71.25% 71.25% 71.25% 71.25% 70.18% 70.18% 70.18% 70.18% 70.18% 68.44%
2.24% 2.13% 2.13% 1.85% 1.59% 1.64% 1.00% 0.57% 0.54% 0.56% 0.58% 0.45%
26.51% 26.62% 26.62% 26.90% 27.16% 27.10% 28.82% 29.25% 29.28% 29.26% 29.24% 31.11%
No. of Shareholders 22,35825,94825,33425,40824,33722,69925,02026,25627,18828,34026,79528,280

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls