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Earnings Call

Menon Bearings Earnings Call: Key Takeaways

Menon Bearings reported record Q1FY27 performance with consolidated revenue of Rs. 94.04 Cr. Strategy focuses on capacity expansion and EV segment penetration.

Guidance and delivery
Management target Revenue 37.0% FY27
Highlights
Revenue growth37.2% YoY
MarginsEBITDA margin up 298 bps YoY to 23.8%
Order bookSamples received from US; substantial domestic orders expected
Demand visibilityStrong domestic and export order pipeline
Management confidenceHigh

Growth

Revenue grew 37.2% YoY; EBITDA increased 56.8% and Net Profit surged 67.3% to Rs. 14.11 Cr.

Outlook

Capex of Rs. 34.5 Cr planned over 2 years. Targeting 37% revenue from exports by FY27.

Risks

Shift to EVs impacting traditional engine segments; competitive pressure in the braking systems market.

Last quarter's promises, checked

Delivered

  • Guided FY26 Revenue INR 290 Cr → delivered INR 300+ Cr (= BEAT)
  • Guided EBITDA margin 20-22% → delivered 23.8% (= BEAT)
  • Guided Revenue Growth 25% YoY → delivered 37.2% YoY (= BEAT)

Partly delivered

  • Guided 2-year Capex INR 25 Cr (Bi-Metal) + 7 Cr (Alkop) + 3 Cr (Brakes) → delivered INR 34.5 Cr total plan (= PARTIAL)
Source

Earnings Call filed with NSE, NSE: MENONBE. Summary written with AI assistance from the document.

Read the document ↗

Menon Bearings Ltd: key numbers

Share price
₹298.25
Market cap
₹1,671 Cr
Revenue (annual)
₹299.5 Cr
Net profit (annual)
₹38.25 Cr
P/E (TTM)
38.0×Sector 33.6×
Promoter holding
68.44%+0.00% QoQ
FII holding
0.14%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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