Menon Bearings Ltd.

NSE: MENONBE | BSE: 523828 | ISIN: INE071D01033 | Industry: Auto Parts & Equipment
| Falling Comet
107.8400 5.19 (5.06%)
NSE Apr 01, 2026 15:51 PM
Volume: 31,199
 

107.84
5.06%
Karvy
Menon continues to grow: Owing to improved volumes & higher revenue growth (18%), FY18 full year EPS has witnessed a 10.3% growth despite a contraction in EBITDA margin (125 bps). We expect the pressure on margins to fade and margins to stabilize around 27% by FY20E. Also, we expect investments made by the firm in new facilities to start paying off by FY20E. We retain BUY rating with a target price of Rs.135, with an upside of 29%.
Menon Bearings Ltd. is trading below all available SMAs
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