Menon Bearings

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.

Menon Bearings reported net profit of 53 million rupees in Q2, unchanged from the same period last year. The company's revenue increased to 436 million rupees compared to 409 million rupees in the previous year's corresponding quarter, representing growth in the top line.

Menon Bearings Limited has issued a corporate guarantee of Rs. 6.00 crore for credit facilities availed by its wholly owned subsidiary, Menon Brakes Limited. Federal Bank granted various credit facilities aggregating to Rs. 6.00 crore to Menon Brakes Limited. Menon Bearings executed the Agreement of Guarantee on July 19, 2025, in favor of Federal Bank to secure repayment of these facilities. The company stated there is no impact of this guarantee unless invoked.