Menon Bearings Q1 profit jumps 67%, revenue up 37%
The bearings maker posts ₹14.1 cr net profit on ₹94.3 cr revenue. Board declares ₹2/share interim dividend.
— 1 earlier story on Menon Bearings Ltd. →What's new
- Consolidated revenue grew 37% to ₹94.3 cr for June quarter
- Net profit surged 67% to ₹14.1 cr on higher volumes and cost control
- Interim dividend of ₹2 per share (200%) declared, record date 22 July
Why this matters
Profit grew at nearly twice the pace of revenue, the kind of imbalance that shows cost growth lagged sales growth. The dividend was largely telegraphed; the earnings trajectory is the real story.
What we're watching
- Sustainability of volume growth in an auto-cycle that remains mixed
- Raw-material cost trends and their impact on gross margins
- Any commentary on order book or export momentum from the concall
The full read
Menon Bearings delivered a clean beat. Revenue: ₹94.3 crore, up 37%. Profit: ₹14.1 crore, a 67% surge. That's profit growing at nearly twice the rate of revenue — a sign costs lagged sales. Hardly a surprise, the ₹2 interim dividend (payout ₹11.2 crore) was telegraphed. With trailing ROE at 15.7% and debt at 0.26 times equity, the company has the balance sheet to sustain this compounding. For a bearings manufacturer riding a mixed auto-cycle, revenue growth of 37% and profit growth nearly double that is the kind of result that justifies the 23.5 times trailing P/E the stock commands.
Questions answered
- How much did Menon Bearings earn in Q1 FY27?
- Menon Bearings reported a consolidated net profit of ₹14.1 crore, up 67% from a year earlier. Revenue jumped 37% to ₹94.3 crore.
- What is the interim dividend quantum and payout?
- The board declared an interim dividend of ₹2 per share (200% face value), with total payout of about ₹11.2 crore. Record date is 22 July 2026.
- Is the dividend a surprise given the strong earnings?
- Not really. The board had flagged a possible dividend discussion, so the market largely anticipated this payout. The earnings trajectory, not the dividend, will drive stock reaction.
- What drove the sharp profit growth?
- The company cited higher sales volume and cost control. Revenue grew 37% while profit jumped 67%, indicating costs grew slower than sales.
- When will shareholders receive the dividend?
- The dividend will be credited or dispatched between 27 July and 4 August 2026, for shareholders on record as of 22 July.
Menon Bearings Ltd.
Latest quarter · Jun 2026
Strength & growth
Story so far
All notes on MENONBE →- 16 Jul 2026 · 12:48 PM IST Menon Bearings Q1 profit jumps 67%, revenue up 37%
- 1d ago Menon Bearings calls ₹360 cr FY27 target conservative after record Q1