Menon Bearings Limited · NSE:MENONBE
Menon Bearings — Q3 FY26 Earnings Presentation
42 slides from Menon Bearings's earnings presentation, Jan 15, 2026
Slide 1: Cover letter to stock exchanges
15th January, 2026 To, To, The Manager (CRD) The Manager – Listing Department BSE Limited, National Stock Exchange of India Ltd., PhirozeJeejeebhoy Towers, Exchange Plaza, BandraKurla Complex, Dalal Street, Fort Bandra (East), Mumbai – 400001 Mumbai – 400051 Scrip Code: 523828 Symbol: MENONBE Dear S
Slide 2: Menon Bearings Limited Investor Presentation Q3 & 9MFY26
INDIA’S LEADING ENGINE BEARINGS COMPANY MENON BEARINGS LIMITED INVESTOR PRESENTATION Q3 & 9MFY26
Slide 3: Deploying Critical Technology for High End Products
DEPLOYING CRITICAL TECHNOLOGY FOR HIGH END PRODUCTS MASTERS IN NON FERROUS ALLOYS LIKE ALUMINIUM SILICON COPPER, MAGNESIUM & PROCESSES LIKE SINTERING & COLD CLADDING INVESTOR PRESENTATION 2
Slide 4: Safe Harbour
SAFE HARBOUR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Menon Bearings Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secur
Slide 5: Table of Contents
TABLE OF CONTENTS 1. Key Highlights 2. Way Forward 3. About Us 4. Annual Financials 5. Annexure INVESTOR PRESENTATION 4
Slide 6: Key Highlights
KEY HIGHLIGHTS INVESTOR PRESENTATION 5
Slide 7: Key Financial Highlights – Q3 FY26
KEY FINANCIAL HIGHLIGHTS – Q3 FY26 (CONSOLIDATED) 23.0% QoQ 78.54 Highest Ever Revenue from Operation 31.9% YoY Rs Crore For any quarter 16.09 Highest Ever EBITDA 44.7% QoQ Rs Crore For any quarter 47.7% YoY 9.25 Highest Ever Net Profit 36.3% QoQ Rs Crore For any quarter 69.2% YoY INVESTOR PRESENTAT
Slide 8: Key Financial Highlights – Q3 & 9MFY26
KEY FINANCIAL HIGHLIGHTS – Q3 & 9MFY26 (CONSOLIDATED) Revenue (Rs. In Crs) EBITDA (Rs. in Crs) PAT (Rs. in Crs) 211.20 41.73 24.47 178.28 34.72 18.33 78.54 63.85 16.09 9.25 59.53 11.12 10.90 6.79 5.47 Q3FY26 Q2FY26 Q3FY25 9MFY26 9MFY25 Q3FY26 Q2FY26 Q3FY25 9MFY26 9MFY25 Q3FY26 Q2FY26 Q3FY25 9MFY26 9
Slide 9: Key Highlights – 9MFY26
Key Highlights – 9MFY26 STRATEGIC IMPLICATIONS Brakes Alkop ▪ The company's integrated operations, rapid innovation, Bi-Metal Products ▪ Growing export footprint and and customer-centric approach ▪ 38 parts developed and tested domestic aftermarket; position it for sustained growth for major custome
Slide 10: Capacity Expansion in Progress
CAPACITY EXPANSION IN PROGRESS Bi-Metals Alkop Brake Capacity Capacity Capacity Capacity Upgrade (in lakhs) (in MT) (lakh pcs) Bi-Metal Division 550 550 Lakhs 24 486 486 18 Production capacity has increased from 486 lakh units in 1440 1440 1440 16 FY25 to 550 lakh units by FY26, representing ~13% up
Slide 11: Product Wise Highlights – Q3 & 9MFY26
PRODUCT WISE HIGHLIGHTS – Q3 & 9MFY26 (CONSOLIDATED) Bimetal (Rs. In Crs) Alkop (Rs. In Crs) Braking Systems (Rs. In Crs) 148.54 52.03 6.06 6.16 119.74 49.56 57.20 2.51 43.58 39.25 17.19 17.19 17.10 2.03 1.74 Q3FY26 Q2FY26 Q3FY25 9MFY26 9MFY25 Q3FY26 Q2FY26 Q3FY25 9MFY26 9MFY25 Q3FY26 Q2FY26 Q3FY25
Slide 12: Revenue Breakup – Q3 & 9MFY26
REVENUE BREAKUP – Q3 & 9MFY26 (CONSOLIDATED) Product Wise Channel Wise 3.26% 2.78% 3.48% 2.93% 3.51% 8.09% 6.01% 9.21% 7.66% 10.61% 8.03% 7.85% 8.14% 7.51% 22.36% 25.18% 7.69% 27.51% 29.29% 28.25% 33.59% 29.46% 33.72% 29.96% 36.28% 74.38% 69.71% 71.89% 68.24% 67.23% 47.60% 52.55% 53.19% 51.11% 51.74
Slide 13: Segment Revenue Breakup – Q3 & 9MFY26
SEGMENT REVENUE BREAKUP – Q3 & 9MFY26 (CONSOLIDATED) Bimetal Alkop Braking System 25% 32% 29% 31% 26% 33% 35% 33% 36% 37% 38% 37% 34% 44% 45% 67% 75% 68% 71% 69% 74% 67% 65% 64% 63% 62% 63% 66% 56% 55% Q3FY26 Q2FY26 Q3FY25 9MFY26 9MFY25 Q3FY26 Q2FY26 Q3FY25 9MFY26 9MFY25 Q3FY26 Q2FY26 Q3FY25 9MFY26
Slide 14: Income Statement – Q3 & 9MFY26 (Consolidated)
INCOME STATEMENT – Q3 & 9MFY26 (CONSOLIDATED) Particulars (Rs. in Crs) Q3FY26 Q2FY26 Q3FY25 YoY (%) 9MFY26 9MFY25 YoY (%) Net Sales 76.91 62.51 58.39 31.72 206.63 175.46 17.76 Operating Income 1.63 1.34 1.15 41.97 4.57 2.82 62.27 Revenue From Operations 78.54 63.85 59.53 31.92 211.20 178.28 18.47 Op
Slide 15: Strategic Investments for Sustainability and Cost Savings
STRATEGIC INVESTMENTS FOR SUSTAINABILITY AND COST SAVINGS 1) Solar Power System (570 kWp) 4) Electric Holding Furnace Output: ~800,000 kWh/year Benefits: Capital Investment: Benefits: a) Eliminates diesel use, cutting fuel costs. Cost: Nil for energy conservation a) Reduces reliance on fossil fuels,
Slide 16: Way Forward
WAY FORWARD INVESTOR PRESENTATION 15
Slide 17: Way Forward
WAY FORWARD Expand New Capitalise on Focus on high Target growth in Capacities Segment strong network Margin products export markets The Bi-Metal division’s capacity to Entering in to EV segment Leveraging the existing No Constraint to expand Exports remain a key growth driver, increase from 486 lak
Slide 18: About Us
ABOUT US INVESTOR PRESENTATION 17
Slide 19: About Us
ABOUT US ▪ India’s Leading Engine Bearing Manufacturer ▪ Operates in 3 key business areas 1.Bimetal Products 2.Alkop (Aluminium Die Casting) 3.Braking Systems (Brake Lining & Brake Shoes) ▪ Catering to industries not impacted by advent of EVs 1.Light & Heavy Commercial Vehicle Engines Revenue Breaku
Slide 20: Key Business Highlights
KEY BUSINESS HIGHLIGHTS M&HCV , OTR ,Tractor, 6 Units Oligopoly 24+ Countries / 30% Revenue Industrial ▪ 5 Plants in Kolhapur, India ▪ Operating in a 4 Player ▪ Segments where we are ▪ Exporting to over 24 across 27 acres. market in India. operating. countries including USA, Brazil, Mexico, Netherla
Slide 21: Board of Directors
BOARD OF DIRECTORS Nitin Menon R. D. Dixit Arun Aradhye (Executive Chairman) (Managing Director) (Whole Time Director & CFO) Mr. Nitin Menon is an industrialist Mr. Dixit has worked with the Menon Mr. Aradhye is associated and has rich and varied experience in Group for more than 62 years and is wit
Slide 22: Diversified Marquee Clientele Across Industries
DIVERSIFIED MARQUEE CLIENTELE ACROSS INDUSTRIES Industry diversified revenue thereby reducing dependency on any Industry Engine & Commercial Vehicle (HCVs & LCVs): Electrical & Industrial Applications: Tractors: No single customer contributes more than 10-12% of business Exports: The Brand Names men
Slide 23: State of the Art Manufacturing Facility
STATE OF THE ART MANUFACTURING FACILITY Among the few companies to have facilities to produce next generation parts through lead-free material to ensure the future emission norms In-House Design & Development Facilities 5 Plants in Kolhapur Strategically located manufacturing facilities in Kolhapur,
Slide 24: MBL Unit (III) for Specialized Customers
MBL UNIT (III) for Specialized Customers In-house Powder Manufacturing facility using Water Jet Atomization In-House Lead Free Alloy Powder Manufacturing 5 Plants in Kolhapur Lead Free Copper Alloy Sintered Strip Strategically located manufacturing facilities in Kolhapur, Maharashtra, spread over an
Slide 25: Bi-Metal Products
BI-METAL PRODUCTS Applications Bearings ▪ Bearings for Connecting Rods ▪ Bearings for Crank shafts ▪ Flanged Bearings ▪ Trimetal Bearings 30 to 175 mm dia Bushes ▪ Truncated Bushes for Connecting Rods Automotive Engines Compressors Generators ▪ Ball Indented Bushes ▪ Bushes for Connecting Rods ▪ Cam
Slide 26: Alkop (Aluminium Die Casting)
ALKOP (ALUMINIUM DIE CASTING) Applications Aluminum Products with wide range of applications High Pressure Aluminum Die Cast & Machined Component Automotive Engines Compressors Oil & Gas Gravity/ Tilt Gravity Aluminum Die Cast & Machined Components 2W / 3W Pumps Safety Equipment INVESTOR PRESENTATIO
Slide 27: Braking Systems
BRAKING SYSTEMS Brake Lining & Brake Shoes Eco-antifriction (asbestos free) materials and products like Brake Lining & Brake Shoes Asbestos Free – Environment friendly Eco-friendly brake friction materials are formulated without asbestos, copper, lead, tin, antimony trisulfide to minimize their pote
Slide 28: In-House Engineering and Development
IN-HOUSE ENGINEERING AND DEVELOPMENT In house Machine Building Capability 01 Engineering Department to Design SPM, Tooling, Gauges & Fixtures using Solid Works & Auto CAD which ensures First Time Right Samples and minimum development time 02 In-House Tool Room for faster Development In-house Tool Ro
Slide 29: Quality Assurance
QUALITY ASSURANCE Inspection & Testing Quality is an online & continuous activity integrating people, communication, process controls, designing, engineering, production & inspection departments Usage of sophisticated equipment's in inspection Testing technology calibrated to world standards Quality
Slide 30: Formidable Reach & Brand Equity in the After-Market
FORMIDABLE REACH & BRAND EQUITY IN THE AFTER-MARKET ▪ Robust network of 1,000 dealers and distributors ▪ Products present at 10,000+ retail outlets across India ▪ Retail field relationships build & nurtured for over 2 decades ▪ Our aftersales network serves a national community of 30,000+ mechanics
Slide 31: Key Competitive Advantages
KEY COMPETITIVE ADVANTAGES 1. 4. Long Standing Relationship High Entry Barrier Long standing relationships with customers with Higher gestation in product approval cycle among suppliers due to approvals in place technical nature of the products 2. 5. No Capacity Constraint In-house Machine Building
Slide 32: Built to Endure: Profitable Growth with Purpose
Built to Endure: Profitable Growth with Purpose Diversified, Value-Added Strong Export and Robust Business Margin EV & New Technology Product Portfolio OEM Backing Visibility Strength Ready Three distinct divisions: Bi-metal Exports account for ~30% Alkop segment alone expects Consistently better EB
Slide 33: Market Size & Opportunity
MARKET SIZE & OPPORTUNITY 70% 72% 70% 66% Netherlands 350.0 100% Revenue (%) 300.0 UK 30% 28% 30% 0% 34% Austria Japan 250.0 -100% USA China Italy 200.0 71.8 -200% Nepal 59.3 65.2 Mexico Revenue150.0 67.0 -300% Bangladesh (Rs. In Crs) 100.0 167.5 151.4 151.7 -400% 128.4 African UAE Continent India 5
Slide 34: Industry Growth Drivers
INDUSTRY GROWTH DRIVERS Growing per capita income driving demand ▪ Uptrend in per-capita income and breach of $2,480 level by FY24 will trigger auto demand. ▪ Middle class segment is anticipated to grow to constitute ~38% of India’s population by FY31 & drive consumption Policy initiatives to drive
Slide 35: Annual Financials
ANNUAL FINANCIALS INVESTOR PRESENTATION 34
Slide 36: Long Term Performance Highlights
LONG TERM PERFORMANCE HIGHLIGHTS 0.03 20-22% 23% 30% 45% Net Debt / Equity EBITDA Margins ROE ROCE Dividend Payout Continues to stay Our Minimum Target Last 10 years Avg. ROE Last 10 years Average ROCE Average Dividend almost NIL EBITDA Margins expected Payout for last from our key businesses 10 yea
Slide 37: Income Statement (Consolidated)
INCOME STATEMENT (CONSOLIDATED) Particulars (Rs. in Crs) FY25 FY24 Net Sales 239.28 210.76 Operating Income 3.24 1.87 Revenue From Operations 242.52 212.62 Operating Expenses 140.40 120.08 Gross Profit 98.88 90.68 Gross Profit Margin (%) 59.54% 61.60 % Employee Cost 41.47 35.93 Other Expenses 15.49
Slide 38: Balance Sheet (Consolidated)
BALANCE SHEET(CONSOLIDATED) Equity & Liabilities (Rs. in Crs) FY25 FY24 Assets (Rs. in Crs) FY25 FY24 Share Capital 5.60 5.60 Property Plant & Equipment's 102.46 80.25 Reserves & Surplus 152.95 139.30 Capital Work in Progress 9.09 14.12 Total Equity 158.55 144.90 Investments 5.30 3.69 Financial Liab
Slide 39: Annexure
ANNEXURE INVESTOR PRESENTATION 38
Slide 40: Customer Recognition Awards & Accolades
CUSTOMER RECOGNITION AWARDS & ACCOLADES INVESTOR PRESENTATION 39
Slide 41: CSR & ESG Initiatives
CSR & ESG INITIATIVES Constructed an Auditorium at Gokul Shirgaon MIDC ▪ For promoting education & employment and enhancing vocational skills among children, working professionals & women Financial Assistance provided ▪ For promotion of rural sports & development of traditional arts and crafts Futur
Slide 42: Thank You
Thank You Menon Bearings Limited CIN: L29130PN1991PLC062352 Mr. Arun Aradhye – WTD & CFO admin@menonbearings.in KAPTIFY® Consulting Strategy & Investor Relations | Consulting (M): +91-845 288 6099 contact@kaptify.in www.kaptify.in