Menon Bearings Ltd
Menon Bearings Ltd (MENONBE)

Menon Bearings Ltd (MENONBE)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return7.72 %
3 Month Return34.02 %
1 Year Return41.18 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 463
Rank 467
Rank 454
Dividend Yield
Rank 12
Rank 93
Price To Book Ratio
Debt To Asset
Rank 128

Company Information

Incorporated as a public limited company on 4 Jul.91 Menon Bearings MBL commenced business on 23 Sep.91. Promoted by Menon Pistons MBL manufactures thinwalled engine bearings bushings and thrust washers. It came out with a public issue in Jan.93 to partfinance its Rs 8.17cr project to manufacture the above items and to meet longterm working capital requirements. The plant is located at MIDC Kolhapur. MBL has a technical agreement with King Israel which provides technical knowhow for design manufacture and commissioning. MPL supplies to OEMs like Telco Maruti Udyog Mahindra Mahindra Kirloskar Cummins Greaves Eicher etc. It currently exports to UK Egypt Spain Israel and USA. MBL has undertaken an expansion programme to manufacture babbit strips. During 1996 the company was awarded ISO 9002 certificate. The manufacturing capacity of Bushes was increased from 2700000 to 3600000 nos per annum and Thrust Washers from 565000 to 1400000 nos per annum. A new rolling process for manufacture of flanged bearings was designed and introduced successfully by the company during 20002001.
OrganisationMenon Bearings Ltd
IndustryAuto Ancillaries