Menon Bearings Ltd: Intrinsic Value & Share Price Analysis

Q: What is the intrinsic value of Menon Bearings Ltd and is it undervalued?

As of 15 May 2026, Menon Bearings Ltd's intrinsic value is 49.02, which is 61.40% lower than the current market price of 127.00, suggesting the stock is overvalued. Calculated using the PE ratio method factoring in ROE (14.4 %), book value (23.8), dividend yield (1.58 %), and 5-year EPS CAGR.

Q: What is the current share price and 52-week range of Menon Bearings Ltd?

Menon Bearings Ltd is trading at 127.00 as of 15 May 2026, with a FY2026-2027 high of 146 and low of 96.4. The stock is currently in the middle of its 52-week range. Market cap stands at 711 Cr..

Q: How does Menon Bearings Ltd's P/E ratio compare to its industry?

Menon Bearings Ltd has a P/E ratio of 27.2, which is above the industry average of 26.30. The premium over industry average may reflect growth expectations.

Q: Is Menon Bearings Ltd financially healthy?

Key indicators: ROCE of 17.2 % indicates efficient capital utilization. Dividend yield is 1.58 %.

Q: Is Menon Bearings Ltd profitable and how is the profit trend?

Menon Bearings Ltd reported a net profit of 20 Cr in Mar 2025 on revenue of 167 Cr. Compared to 25 Cr in Mar 2022, the net profit shows a declining trend.

Fair Value

₹75.75Overvalued by 40.35%vs CMP ₹127.00

P/E (27.2) × ROE (14.4%) × BV (₹23.80) × DY (1.58%)

₹49.02Overvalued by 61.40%vs CMP ₹127.00

MoS: -159.1% (Negative)Confidence: 70/100 (High)Models: All 10: Overvalued

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹76.73	20%	Over (-39.6%)
Graham Number	Earnings	₹50.01	14%	Over (-60.6%)
Earnings Power	Earnings	₹32.88	12%	Over (-74.1%)
DCF	Cash Flow	₹47.80	12%	Over (-62.4%)
Net Asset Value	Assets	₹23.94	6%	Over (-81.1%)
EV/EBITDA	Enterprise	₹60.02	8%	Over (-52.7%)
Dividend Discount	Dividends	₹14.19	8%	Over (-88.8%)
Earnings Yield	Earnings	₹46.70	6%	Over (-63.2%)
ROCE Capital	Returns	₹61.29	8%	Over (-51.7%)
Revenue Multiple	Revenue	₹29.83	5%	Over (-76.5%)
Consensus (10 models)		₹49.02	100%	Overvalued

Key Drivers: Wide model spread (₹14–₹77) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 1.3%

*Investments are subject to market risks

Analyst Summary

Menon Bearings Ltd operates in the Bearings segment, current market price is ₹127.00, market cap is 711 Cr.. At a glance, stock P/E is 27.2, ROE is 14.4 %, ROCE is 17.2 %, book value is 23.8, dividend yield is 1.58 %. The latest intrinsic value estimate is ₹49.02, around 61.4% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹167 Cr versus the prior period change of -19.7%, while latest net profit is about ₹20 Cr with a prior-period change of -23.1%. The 52-week range shown on this page is 146/96.4, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisMenon Bearings Ltd. is a Public Limited Listed company incorporated on 04/07/1991 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L2…

This summary is generated from the stock page data available for Menon Bearings Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Menon Bearings Ltd scores 63/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health81/100 · Strong

ROCE 17.2% GoodROE 14.4% GoodD/E 0.29 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money50/100 · Moderate

FII holding stable No changePromoter holding at 68.4% Stable

Earnings Quality50/100 · Moderate

OPM stable around 21% Steady

Quarterly Momentum90/100 · Strong

Revenue (4Q): +13% YoY GrowingProfit (4Q): +26% YoY StrongOPM: 20.7% (up 3.6% YoY) Margin expansion

Industry Rank20/100 · Weak

P/E 27.2 vs industry 33.8 In-lineROCE 17.2% vs industry 29.3% Below peersROE 14.4% vs industry 73.5% Below peers3Y sales CAGR: -6% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: May 5, 2026, 12:36 am

Market Cap	711 Cr.
Current Price	127
Intrinsic Value	₹49.02
High / Low	146/96.4
Stock P/E	27.2
Book Value	23.8
Dividend Yield	1.58 %
ROCE	17.2 %
ROE	14.4 %
Face Value	1.00
PEG Ratio	21.08

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Menon Bearings Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Menon Bearings Ltd	711 Cr.	127	146/96.4	27.2	23.8	1.58 %	17.2 %	14.4 %	1.00
Deccan Bearings Ltd	563 Cr.	282	310/98.6		8.79	0.00 %	127 %	127 %	10.0
Galaxy Bearings Ltd	147 Cr.	461	1,100/426	44.3	346	0.00 %	5.20 %	3.05 %	10.0
NRB Bearings Ltd	2,842 Cr.	293	313/208	19.1	98.5	1.94 %	15.9 %	12.7 %	2.00
SKF India Ltd	8,442 Cr.	1,706	2,396/1,404	23.5	558	0.85 %	28.8 %	21.4 %	10.0
Industry Average	14,871.43 Cr	1,183.86		33.82	222.57	0.69%	29.34%	73.48%	7.22

All Competitor Stocks of Menon Bearings Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	49.65	53.87	55.16	50.13	49.38	52.18	39.51	40.98	39.25	45.62	47.76	43.58	57.20
Expenses	37.16	40.14	42.72	39.80	39.88	41.66	31.91	32.53	32.52	37.10	37.82	35.91	45.34
Operating Profit	12.49	13.73	12.44	10.33	9.50	10.52	7.60	8.45	6.73	8.52	9.94	7.67	11.86
OPM %	25.16%	25.49%	22.55%	20.61%	19.24%	20.16%	19.24%	20.62%	17.15%	18.68%	20.81%	17.60%	20.73%
Other Income	0.68	0.20	0.00	0.98	0.90	1.18	0.45	0.50	0.70	0.87	0.79	1.19	0.58
Interest	0.80	0.68	0.58	0.88	0.93	0.84	0.69	0.81	0.86	0.40	0.68	0.72	0.82
Depreciation	2.05	1.90	2.05	2.08	2.07	1.94	1.03	1.05	1.05	1.11	1.01	1.03	1.05
Profit before tax	10.32	11.35	9.81	8.35	7.40	8.92	6.33	7.09	5.52	7.88	9.04	7.11	10.57
Tax %	24.81%	19.12%	25.28%	24.55%	24.46%	27.47%	24.33%	24.82%	24.64%	25.38%	24.00%	22.08%	25.92%
Net Profit	7.75	9.18	7.33	6.30	5.59	6.47	4.78	5.33	4.16	5.88	6.87	5.53	7.84
EPS in Rs	1.38	1.64	1.31	1.12	1.00	1.15	0.85	0.95	0.74	1.05	1.23	0.99	1.40

Last Updated: March 3, 2026, 9:16 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 1:16 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	87	103	111	124	146	174	139	149	198	219	208	167	194
Expenses	71	81	82	90	108	131	109	115	155	166	164	134	156
Operating Profit	15	23	29	33	37	43	30	34	42	53	44	33	38
OPM %	18%	22%	26%	27%	26%	25%	21%	23%	21%	24%	21%	20%	20%
Other Income	1	1	0	1	1	1	1	1	0	0	2	1	3
Interest	2	2	2	1	2	4	5	4	3	3	3	3	3
Depreciation	5	4	5	5	4	5	7	7	8	8	8	4	4
Profit before tax	9	17	23	28	32	36	20	25	32	43	34	27	35
Tax %	31%	31%	36%	31%	35%	30%	27%	24%	24%	23%	25%	25%
Net Profit	6	12	15	19	21	25	14	19	25	33	26	20	26
EPS in Rs	1.10	2.06	2.66	3.41	3.76	4.51	2.57	3.35	4.38	5.84	4.58	3.60	4.67
Dividend Payout %	45%	32%	31%	29%	40%	33%	97%	45%	46%	34%	49%	56%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	100.00%	25.00%	26.67%	10.53%	19.05%	-44.00%	35.71%	31.58%	32.00%	-21.21%	-23.08%
Change in YoY Net Profit Growth (%)	0.00%	-75.00%	1.67%	-16.14%	8.52%	-63.05%	79.71%	-4.14%	0.42%	-53.21%	-1.86%

Menon Bearings Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	5%
5 Years:	4%
3 Years:	-5%
TTM:	-9%

Compounded Profit Growth
10 Years:	6%
5 Years:	7%
3 Years:	-6%
TTM:	-4%

Stock Price CAGR
10 Years:	12%
5 Years:	25%
3 Years:	10%
1 Year:	2%

Return on Equity
10 Years:	23%
5 Years:	20%
3 Years:	19%
Last Year:	14%

Last Updated: Unknown

Balance Sheet

Last Updated: December 4, 2025, 1:38 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	5	5	5	6	6	6	6	6	6	6	6	6	6
Reserves	31	38	47	59	71	85	83	93	106	128	141	126	128
Borrowings	20	17	12	21	25	46	38	29	23	15	34	29	34
Other Liabilities	18	19	16	17	23	22	23	27	28	34	26	21	22
Total Liabilities	74	78	80	103	126	158	149	155	163	182	207	182	190
Fixed Assets	38	36	35	37	48	56	72	80	79	76	72	74	75
CWIP	1	0	1	4	5	19	10	1	0	8	14	0	0
Investments	0	0	0	0	0	3	0	1	0	10	12	34	35
Other Assets	36	42	44	62	73	80	67	72	85	87	109	74	81
Total Assets	74	78	80	103	126	158	149	155	163	182	207	182	190

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	8	5	20	23	26	30	24	24	50	20	44	14
Cash from Investing Activity +	-2	-4	-10	-15	-30	-10	-6	-3	-23	-11	-34	-8
Cash from Financing Activity +	-3	-4	1	-7	5	-29	-21	-20	-23	4	-16	-16
Net Cash Flow	2	-4	12	2	1	-8	-3	1	4	13	-6	-9
Free Cash Flow	5	1	10	7	-2	16	18	19	36	10	31	8
CFO/OP	34%	16%	60%	61%	59%	102%	70%	57%	95%	45%	134%	33%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-5.00	6.00	17.00	12.00	12.00	-3.00	-8.00	5.00	19.00	38.00	10.00	4.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	75	73	82	86	89	83	93	108	94	83	94	84
Inventory Days	99	91	110	107	99	96	128	114	93	90	101	85
Days Payable	81	59	64	70	73	58	76	87	58	52	55	52
Cash Conversion Cycle	94	105	129	123	115	120	144	135	129	121	140	117
Working Capital Days	-1	16	53	38	35	48	48	61	63	57	76	62
ROCE %	20%	33%	40%	38%	36%	33%	18%	22%	26%	32%	23%	17%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	71.25%	70.18%	70.18%	70.18%	70.18%	70.18%	68.44%	68.44%	68.44%	68.44%	68.44%	68.44%
FIIs	1.64%	1.00%	0.57%	0.54%	0.56%	0.58%	0.45%	0.46%	0.46%	0.45%	0.41%	0.38%
Public	27.10%	28.82%	29.25%	29.28%	29.26%	29.24%	31.11%	31.10%	31.11%	31.11%	31.15%	31.18%
No. of Shareholders	22,699	25,020	26,256	27,188	28,340	26,795	28,280	28,030	27,552	26,860	26,823	26,267

Shareholding Pattern Chart

No. of Shareholders

Menon Bearings Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	3.60	4.58	5.84	4.38	3.35
Diluted EPS (Rs.)	3.60	4.58	5.84	4.38	3.35
Cash EPS (Rs.)	4.35	6.04	7.25	5.76	4.69
Book Value[Excl.RevalReserv]/Share (Rs.)	23.57	26.11	23.81	19.98	17.61
Book Value[Incl.RevalReserv]/Share (Rs.)	23.57	26.12	23.81	19.98	17.62
Dividend / Share (Rs.)	2.00	2.25	2.00	2.00	1.50
Revenue From Operations / Share (Rs.)	29.82	37.14	39.14	35.24	26.67
PBDIT / Share (Rs.)	6.03	8.18	9.54	7.62	6.41
PBIT / Share (Rs.)	5.28	6.73	8.13	6.24	5.08
PBT / Share (Rs.)	4.78	6.15	7.61	5.77	4.44
Net Profit / Share (Rs.)	3.60	4.58	5.84	4.38	3.35
PBDIT Margin (%)	20.23	22.02	24.36	21.61	24.03
PBIT Margin (%)	17.69	18.11	20.75	17.69	19.02
PBT Margin (%)	16.04	16.56	19.43	16.37	16.63
Net Profit Margin (%)	12.06	12.34	14.91	12.42	12.57
Return on Networth / Equity (%)	15.26	17.55	24.52	21.91	19.04
Return on Capital Employeed (%)	19.55	22.24	31.86	28.42	24.51
Return On Assets (%)	11.05	12.41	17.99	15.02	12.14
Long Term Debt / Equity (X)	0.11	0.12	0.04	0.05	0.13
Total Debt / Equity (X)	0.21	0.22	0.10	0.20	0.29
Asset Turnover Ratio (%)	0.85	1.07	1.27	1.24	0.98
Current Ratio (X)	2.35	2.85	2.22	2.07	1.84
Quick Ratio (X)	1.84	2.26	1.66	1.54	1.42
Inventory Turnover Ratio (X)	8.86	3.67	4.12	4.54	3.30
Dividend Payout Ratio (NP) (%)	55.60	49.08	34.25	45.68	44.71
Dividend Payout Ratio (CP) (%)	45.94	37.26	27.58	34.72	31.98
Earning Retention Ratio (%)	44.40	50.92	65.75	54.32	55.29
Cash Earning Retention Ratio (%)	54.06	62.74	72.42	65.28	68.02
Interest Coverage Ratio (X)	12.23	14.20	18.36	16.47	10.06
Interest Coverage Ratio (Post Tax) (X)	8.29	8.95	12.24	10.47	6.26
Enterprise Value (Cr.)	521.39	635.91	542.32	512.13	322.36
EV / Net Operating Revenue (X)	3.12	3.06	2.47	2.59	2.16
EV / EBITDA (X)	15.42	13.87	10.15	12.00	8.97
MarketCap / Net Operating Revenue (X)	3.03	3.02	2.47	2.52	2.01
Retention Ratios (%)	44.39	50.91	65.74	54.31	55.28
Price / BV (X)	3.83	4.29	4.05	4.44	3.05
Price / Net Operating Revenue (X)	3.03	3.02	2.47	2.52	2.01
EarningsYield	0.03	0.04	0.06	0.04	0.06

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Menon Bearings Ltd. is a Public Limited Listed company incorporated on 04/07/1991 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L29130PN1991PLC062352 and registration number is 062352. Currently company belongs to the Industry of Bearings. Company's Total Operating Revenue is Rs. 167.13 Cr. and Equity Capital is Rs. 5.60 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Bearings	G-1, MIDC, Kolhapur Maharashtra 416234	Contact not found

Management
Name	Position Held
Mr. Nitin Menon	Executive Chairman
Mr. Ramesh Dattatraya Dixit	Managing Director
Mr. Arun Aradhye	WholeTime Director & CFO
Mrs. Kailash A Nevagi	Independent Director
Dr. Santosh Prabhu	Independent Director
Mr. Mukund Laxmanrao Shinde	Independent Director

FAQ

What is the intrinsic value of Menon Bearings Ltd and is it undervalued?

As of 15 May 2026, Menon Bearings Ltd's intrinsic value is ₹49.02, which is 61.40% lower than the current market price of ₹127.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (14.4 %), book value (₹23.8), dividend yield (1.58 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Menon Bearings Ltd?

Menon Bearings Ltd is trading at ₹127.00 as of 15 May 2026, with a FY2026-2027 high of ₹146 and low of ₹96.4. The stock is currently in the middle of its 52-week range. Market cap stands at ₹711 Cr..

How does Menon Bearings Ltd's P/E ratio compare to its industry?

Menon Bearings Ltd has a P/E ratio of 27.2, which is below the industry average of 33.82. This is broadly in line with or below the industry average.

Is Menon Bearings Ltd financially healthy?

Key indicators for Menon Bearings Ltd: ROCE of 17.2 % indicates efficient capital utilization. Dividend yield is 1.58 %.

Is Menon Bearings Ltd profitable and how is the profit trend?

Menon Bearings Ltd reported a net profit of ₹20 Cr in Mar 2025 on revenue of ₹167 Cr. Compared to ₹25 Cr in Mar 2022, the net profit shows a declining trend.

Does Menon Bearings Ltd pay dividends?

Menon Bearings Ltd has a dividend yield of 1.58 % at the current price of ₹127.00. The company pays dividends, though the yield is modest.