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Menon Bearings Ltd (MENONBE)

₹130.310.45%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹128.11
    ₹131.38
  • 52 Week's Low

    52 Week's High

    ₹108.1
    ₹166.4
1 Month Return-13.8 %
3 Month Return+ 0.37 %
1 Year Return-1.76 %
Previous Close₹129.73
Open₹128.60
Volume76.33K
Upper Circuit-
Lower Circuit-
Market Cap₹727.01Cr

Key Statistics

P/E Ratio31.34
PEG Ratio-208.9
Market Cap₹727.01 Cr
P/B Ratio4.05
EPS0.210811549473221

Company Information

Menon Bearings MBL is a public limited company founded on 4 July 1991. The company produces thin walled engine bearings bushings and thrust washers and launched a public issue in January 1993 to fund their Rs. 8.17 crore project. They have a technical agreement with King Israel for technological insight into design, production and commissioning. Major clients of the company include Telco, Maruti Udyog, Mahindra, Kirloskar, Cummins, Greaves and Eicher. Menon Bearings MBL also exports to UK, Egypt, Spain, Israel and USA. In 1996, the company was awarded an ISO 9002 certificate, and production of both Bushes and Thrust Washers has been increased from 2.7 million to 3.6 million nos and 565,000 to 1.4 million nos respectively. MBL has also designed and implemented a new rolling process for the manufacture of flanged bearings in 2000-2001.

Share Price: ₹130.31 per share as on 25 Jul, 2024 04:01 PM
Market Capitalisation: ₹727.01Cr as of today
Revenue: ₹57.69Cr as on June 2024 (Q2 24)
Net Profit: ₹6.16Cr as on June 2024 (Q2 24)
Listing date: 09 Mar, 2015
Chairperson Name: Nitin Menon
OrganisationMenon Bearings Ltd
Headquarters
IndustryBearings
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Key events for Menon Bearings Ltd

  • Menon Bearings Reports Mixed Q1 Results - 19 Jul, 2024

    Menon Bearings reports a 5.03% increase in revenue YoY but a 14.9% decrease in profit YoY for Q1. The company experienced growth in both revenue and profit on a quarterly basis. However, the Selling, general & administrative expenses saw a significant rise of 15.48% compared to the previous quarter and 13.21% YoY. Menon Bearings delivered negative returns in the last week, last six months, and year-to-date.

  • Menon Bearings Q1 Net Profit Declines 14.92% - 18 Jul, 2024

    Menon Bearings Ltd's net profit declined by 14.92% to Rs 6.16 crore in Q1 FY2024, while sales rose by 5.04% to Rs 57.69 crore compared to the same quarter last year.

  • Menon Bearings ROE at 17% for TTM to March 2024 - 25 Jun, 2024

    Menon Bearings has a healthy ROE of 17% based on the trailing twelve months to March 2024. The company's moderate payout ratio and growth in earnings indicate efficient use of profits, while its consistent dividend payments show commitment to shareholders.

Insights on Menon Bearings Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.54% to 0.56% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Samvardhana Motherson International Ltd has given 93.3% return, outperforming this stock by 95.0%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 70.18% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 315.7% return, outperforming this stock by 260.7%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 29.29% to 29.26% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, MENONBE stock has moved down by -13.8%

Company Financials

Value in ₹ crore
Q'2 24Q/Q Change
Revenue
₹57.69Cr
↑7.59%
Net Income
₹6.16Cr
↑9.61%
Net Profit Margin
10.68%
↑1.91%
2023Y/Y Change
Revenue
₹219.36Cr
↑465.94%
Net Income
₹32.60Cr
↑1,505.91%
Net Profit Margin
14.86%
↑183.59%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹182.65Cr
↑11.56%
Total Liabilities
₹49.22Cr
↓4.89%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹50.09Cr
↑106.81%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
70.18%
0.00
Foreign Institutions
0.56%
0.00
Mutual Funds
0%
0.00
Retail Investors
29.26%
0.00
Others
0%
0.00

Key Indicators

Menon Bearings Ltd Valuation

Menon Bearings Ltd in the last 5 years

  • Overview

  • Trends

Lowest (0.00x)

September 29, 2023

Today (31.34x)

July 24, 2024

Industry (61.53x)

July 24, 2024

Highest (34.76x)

June 25, 2024

LowHigh

Earnings and Dividends

  • Menon Bearings Ltd Earnings Results

    Menon Bearings Ltd’s net profit fell -14.92% since last year same period to ₹6.16Cr in the Q1 2024-2025. On a quarterly growth basis, Menon Bearings Ltd has generated 9.61% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Menon Bearings Ltd Dividends July,2024

    In the quarter ending June 2024, Menon Bearings Ltd has declared dividend of ₹2 - translating a dividend yield of 1.54%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Menon Bearings Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Menon Bearings Ltd (MENONBE) share price today is ₹130.31

Menon Bearings Ltd is listed on NSE

Menon Bearings Ltd is listed on BSE

  • Today’s highest price of Menon Bearings Ltd is ₹131.38.
  • Today’s lowest price of Menon Bearings Ltd is ₹128.11.

PE Ratio of Menon Bearings Ltd is 31.34

PE ratio = Menon Bearings Ltd Market price per share / Menon Bearings Ltd Earnings per share

Today’s traded volume of Menon Bearings Ltd(MENONBE) is 76.33K.

Today’s market capitalisation of Menon Bearings Ltd(MENONBE) is ₹727.01Cr.

Menon Bearings Ltd(MENONBEPrice
52 Week High
₹166.4
52 Week Low
₹108.1

Menon Bearings Ltd(MENONBE) share price is ₹130.31. It is down -21.69% from its 52 Week High price of ₹166.4

Menon Bearings Ltd(MENONBE) share price is ₹130.31. It is up 20.55% from its 52 Week Low price of ₹108.1

Menon Bearings Ltd(MENONBEReturns
1 Day Returns
0.58%
1 Month Returns
-13.8%
3 Month Returns
0.37%
1 Year Returns
-1.76%