Menon Bearings Declares ₹2 Interim Dividend, Q1FY26 Profit Rises 37% YoY

Kolhapur, July 25, 2025 – Menon Bearings Ltd (BSE: 523828 | NSE: MENONBE) reported a robust financial performance for the quarter ended June 30, 2025 (Q1FY26), with a 36.9% year-on-year rise in consolidated net profit and the declaration of an interim dividend.

Key Financial Highlights (Q1FY26)

Consolidated Results:

• Total income for Q1FY26 stood at ₹6,880.64 lakh, reflecting a 17.84% year-on-year growth from ₹5,838.99 lakh in Q1FY25.
• Profit Before Tax (PBT) rose to ₹1,106.08 lakh, up 34.42% compared to ₹822.83 lakh in the same quarter last year.
• Profit After Tax (PAT) increased by 36.91%, reaching ₹842.95 lakh, up from ₹615.69 lakh a year ago.
• Earnings Per Share (EPS) improved to ₹1.50, compared to ₹1.10 in Q1FY25.

Standalone Results:

• Total income rose to ₹4,855.26 lakh, marking a 21.5% YoY growth from ₹3,996.04 lakh in Q1FY25.
• Profit Before Tax (PBT) stood at ₹903.87 lakh, up 42.9% from ₹632.37 lakh a year ago.
• Profit After Tax (PAT) came in at ₹686.87 lakh, showing a 43.6% increase over ₹478.37 lakh in Q1FY25.
• Earnings Per Share (EPS) improved to ₹1.23, compared to ₹0.85 in the same quarter last year.

Management Commentary

“This strong quarterly performance reflects our commitment to operational excellence and sustained margin improvement across verticals,” said Nitin Menon, Executive Chairman, Menon Bearings Ltd.

Interim Dividend Declaration

The Board declared an interim dividend of ₹2.00 per share (200% on face value of ₹1), absorbing a total outlay of ₹1,120.80 lakh for FY26. The record date is fixed as Thursday, July 31, 2025, and the dividend will be disbursed between August 6 to August 10, 2025.

Board Approvals and Corporate Updates

• Appointment of Director: Mr. Nandan Borgalkar has been recommended for appointment as Non-Executive Independent Director for a five-year term from October 1, 2025, to September 30, 2030. He is a business mentor with strategic expertise in logistics and executive leadership.
• New Secretarial Auditor: M/s M Baldeva Associates, Mumbai, has been appointed as Secretarial Auditors for a term of five years (FY26 to FY30), subject to shareholder approval. The firm is led by CS Manish Baldeva, a veteran in corporate law and insolvency practices.

Strategic Outlook

Menon Bearings continues to focus on delivering value through product innovation and capacity enhancement, supported by its growing subsidiaries including Menon Brakes, Menon Alkop, and Menon Bearings New Ventures.

Menon Bearings Stock Performance

Menon Bearings shares are trading at ₹129, representing a 5.66% gain as of July 25, 2025, at 3:26 PM IST. Menon Bearings shares have dipped 0.89% in the last year, gained 8.37% in the year-to-date, and gained 5.14% in the previous month.

Menon Bearings Ltd stock opened at ₹122.00 today. It touched a high of ₹139.00 and a low of ₹121.25 during the session. The company’s market capitalisation stands at ₹731.45 crore. Over the last 52 weeks, the stock has ranged from a high of ₹143.83 to a low of ₹86.00.

About Menon Bearings

Menon Bearings Limited, listed on both the NSE and BSE, is a leading manufacturer of critical automotive components, including engine bearings, bushings, and thrust washers. With a diversified export and domestic customer base, the company is recognised for its engineering precision and financial consistency.

All financial figures are in ₹ lakh and as per Ind-AS.

REF:https://nsearchives.nseindia.com/corporate/MENONBE_25072025130419_outcome_signed.pdf

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