Menon BearingsNSE:MENONBE
Current view Q1 2027
Engine-bearings maker breaking into the US - a recent trip brought enquiries and confidentiality deals from big global auto names - and it can nearly double sales on existing plants with very little spending. Those are enquiries, not orders yet, management often misses its own targets, and railway brakes keep getting delayed.
Latest exchange filings last 5 · 5 after Q1 2027
- 17 Sep ’26Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 17 Sep ↗
- 28 Aug ’26Menon Bearings to hold plant visit and management meet with PMS investor on 2 September 2026 in Kolhapur. ↗
- 18 Aug ’26Promoter group sold 9,96,909 shares from 18.09.2024 to 14.08.2026, holding fell to 66.67%. ↗
- 7 Aug ’26Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 7 Aug ↗
- 6 Aug ’26Shareholder Meeting / Postal Ballot-Outcome of AGM 6 Aug ↗
Exchange filings, with the company's own one-line summary, read off the same page as the figures. Screener publishes only the most recent few, so this is the last 5 — not everything filed since your note, and a quiet-looking list is not proof of a quiet quarter. A filing is marked new when it is dated after the end of the quarter your note covers. Not scored, and not a judgement — a routine repayment notice and a takeover sit in the same list.
AI concall report · Q1 2027
The full earnings-call read behind this view — what management promised, what they delivered, and the earning trigger.
Growth Q1 2027
| Metric | This year vs lastYoY · vs Q1 2026 | vs the quarter beforeQoQ, sequential · vs Q4 2026 | 3-year yearly average3Y CAGR · compounded | 5-year yearly average5Y CAGR · compounded |
|---|---|---|---|---|
| Sales | ▲ +37.3% | +5.8% | +10.9% | +7.7% |
| Operating profit | ▲ +53.9% | −9.1% | +7.0% | +7.4% |
| EPS | ▲ +68.0% | +2.4% | +5.5% | +11.7% |
| PAT | ▲ +75.0% | +0.0% | — | — |
Tinted rows drive the Tier. Tier = the weaker of YoY Sales and YoY PAT growth. Here the weaker is Sales at +37.3%, which is ≥ 20% → Tier 1.
QoQ is sequential, not a trend. For most Indian companies the March quarter is seasonally the largest, so a June-quarter fall against it is a calendar effect. Only the YoY column feeds the Tier.
Multibagger potential
Average63/100
Growing, but too slowly to re-price. Profit per share grew 5% a year. A big re-pricing usually needs more than 15% a year, so the score is capped no matter how cheap it looks.
₹291 → ₹582 needs the P/E at 63× — it is 37× today, and has ranged 16× to 47× over the last 5 years. The rest would come from earnings growing as they have.
What you pay for its profitlog scale · 5-year range
Tripling needs 95× — never traded above 47× in 5 years.
Re-rated already, on growth that doesn't fully back it.
How this is calculated
This is arithmetic, not a forecast — Return = ΔEPS × ΔMultiple. It says what would have to be true, not how likely it is, and "earnings keep growing at this rate for three more years" is the assumption doing the most work. This is a small-cap at ₹1,688 cr, so the odds of a re-rate are not fighting its own size.
Band capped: growth of 5.5% is below the 15% bar a re-rate needs.
Growth rate used: 5.5% — the weakest of EPS / Sales / Op-profit from 3-year EPS CAGR. Latest quarter reads 60%.
How it compares with its rivals Bearings · 6 of 129 listed
These are the industry's largest names rather than companies of its own size, so the columns are worth reading straight across — a ranking against them would only be restating the size gap.
| Company | Price | P/E | Size | ROCE | Profitlast qtr | Saleslast qtr |
|---|---|---|---|---|---|---|
| Menon Bearings | ₹320 | 40.8× | ₹1,793 Cr | 25.5% | +67.4% | +36.6% |
| Samvardh. Mothe. | ₹164 | 37.9× | ₹1.73 L Cr | 13.4% | +81.5% | +16.6% |
| Bosch | ₹47,778 | 59.6× | ₹1.41 L Cr | 21.5% | +5.2% | +22.0% |
| Bharat Forge | ₹1,987 | 94.1× | ₹95,015 Cr | 12.6% | −57.7% | +18.7% |
| Uno Minda | ₹1,241 | 58.6× | ₹71,684 Cr | 19.6% | +1.8% | +23.8% |
| Schaeffler India | ₹4,145 | 50.1× | ₹64,785 Cr | 27.9% | +13.7% | +17.5% |
Screener's own peer group, from the request already made for the industry P/E. It serves the industry's largest names by market cap, not companies of a similar size, so treat this as context rather than a like-for-like table; this company is always shown. On a phone the price, size and sales columns are dropped rather than pushed off the edge. Not part of the score.
Business quality to Jun 2026
| Are the margins widening? | broadly flat | operating margin 22% → 22% over 3 years |
|---|---|---|
| Did the profit turn into cash? | under half — much of the profit is tied up | 36% last year, 54% over three · free cash flow ₹5 cr, positive in 5 of 5 years |
| Is the growth borrowed? | lightly borrowed | ₹47 cr — 0.25× its own equity (was 0.27×) |
| Is it being collected? | customers are taking longer to pay | 111 days to collect, up 20 in a year · cash cycle 144 days |
| Who has been buying? | the promoters have held steady | promoters 68.4%, 70.2% → 68.4% over 2.8 years · FIIs 0.1% (−0.3) · DIIs 0.4% (+0.4) · shareholders 26,256 → 24,403 |
| What does it earn on its capital? | earns a high return on the capital it employs | ROCE 25.5% · ROE 22.3% |
Fetched from the filings, not typed — and deliberately not part of the score. These are the questions the score cannot ask: it reads growth, price and trend, so a company can score well while its profit never becomes cash. Weigh these beside the note, not against the number.
Screener's own checklist not mine, not the score
In its favour
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 42.0%
Against it
- Stock is trading at 9.34 times its book value
Generated by screener.in from a fixed checklist — not written by me and not an input to the score. It is here as a second machine opinion to weigh against the note; where it disagrees with the view above, the note is the considered one.