Menon Bearings News

Menon Bearings Q3 Net Profit Surges 90% YoY to ₹78m

Menon Bearings reports strong Q3 performance with net profit jumping 90% to ₹78 million, revenue growing 46% to ₹572 million, and EBITDA margin expanding to 20.75%.

Menon Bearings Q3 EBITDA Surges 78% YoY to ₹119M

Menon Bearings reported Q3 EBITDA of ₹119M vs ₹67M YoY, with EBITDA margin improving to 20.75% from 17.15%. Strong operational performance drives profitability growth.

Menon Bearings Q3FY26 Net Profit Jumps 88% YoY

Menon Bearings Limited reported strong Q3FY26 results with net profit rising 88.36% YoY to ₹7.83 crores. Revenue grew 44.62% to ₹57.78 crores, driven by robust demand in auto components.

Menon Bearings Reports 7% Revenue Growth, Targets INR 280-290 Crores for FY26

Menon Bearings Limited reported quarterly revenue of INR 63.85 crores, representing 7% year-on-year growth. EBITDA stood at INR 11.1 crores while PAT reached INR 6.8 crores, reflecting 18% growth for the half-year period. EBITDA margins for the half-year were 18.8% and PAT margins improved to 11.6%. The company expects to achieve consolidated revenue between INR 280-290 crores for the current year with 18-20% growth projected for next year. Raw material costs increased significantly during the quarter, with copper rising from INR 745-775 per kg to INR 875, and tin jumping from INR 2,250 to INR 3,250. The Bi-Metal division remains the major contributor, supported by increasing demand for large diameter bearings. Capacity expansion plans include increasing Bi-Metal capacity from 486 to 530 lakh units, while Alkop can double capacity from 1,440 to 2,880 metric tonnes. The company started new business with Allison USA worth over INR 2.5 crores monthly and expects EV business to contribute 8-10% of Alkop revenue by FY27. Exports currently account for around 30% of total revenue, projected to reach 40% by FY27. The company has a current order book of INR 290 crores for this year and INR 350 crores for next year.