Menon Bearings Q1 FY27 Results: Net Profit Surges 67.3% YoY to ₹1,410.67 Lakhs on Strong Operational Growth

Menon Bearings Limited (NSE: MENONBEAR; BSE: 523828), a prominent manufacturer of auto components, bearings, and heavy-duty engine bushings, today announced its consolidated un-audited financial results for the first quarter of fiscal year 2027 ended June 30, 2026. The company achieved powerful top-line acceleration alongside a substantial double-digit expansion in its net profitability, outperforming both yearly and sequential baselines.

Income Architecture and Profitability Momentum

Menon Bearings recorded significant volume and value appreciation across its core engineering portfolios during the three-month period:

Net Sales / Income from Operations: Settled at ₹9,178.88 lakhs for the quarter, registering an impressive 36.6% year-on-year (YoY) increase against the ₹6,721.11 lakhs reported in the corresponding quarter of the previous fiscal year. Core sales revenue advanced by 5.3% sequentially compared to ₹8,717.78 lakhs in Q4 FY26.

Total Income: Aggregated to ₹9,430.25 lakhs, supported by other corporate income of ₹251.37 lakhs.

Net Profit After Tax (PAT): Surged 67.3% YoY to ₹1,410.67 lakhs, climbing from ₹842.95 lakhs in Q1 FY26. Sequentially, the company's bottom line continued its upward path, increasing by 2.4% over the ₹1,377.74 lakhs posted in the immediate preceding quarter ended March 31, 2026.

Total Comprehensive Income: Concluded at ₹1,415.23 lakhs for the quarter, following minor positive adjustments of ₹4.56 lakhs from the re-measurement of defined benefit plans.

Earnings Per Share (EPS): Basic and diluted EPS for the quarter jumped to ₹2.52 per share (face value of ₹1 each), up from ₹1.50 per share in the year-ago base quarter.

Cost Configurations and Operational Expenses

The rapid expansion in production capacity and customer deliveries led to higher material consumption and operating costs during the quarter:

Total Expenditure: Stood at ₹7,579.13 lakhs for Q1 FY27, compared to ₹5,774.56 lakhs in the corresponding period last year and ₹6,993.25 lakhs in the preceding quarter.

Material Consumption: Cost of materials consumed grew to ₹4,066.02 lakhs, up from ₹2,767.57 lakhs YoY, in line with increased order fulfillment. The shift was balanced out by an inventory change adjustment of minus ₹64.96 lakhs for finished and work-in-progress goods.

Personnel Costs: Employee benefit expenses rose to ₹1,295.92 lakhs during the quarter, compared to ₹1,132.55 lakhs in Q1 FY26.

Operating Overhead: Other miscellaneous operating expenses concluded at ₹1,869.41 lakhs versus ₹1,635.93 lakhs in the same period last year.

Finance Charges & Depreciation: Financing costs were contained tightly at ₹136.50 lakhs, while depreciation and amortization allocations settled at ₹276.24 lakhs.

Tax Structure and Corporate Capital Base

The company's profit before tax arrived at ₹1,851.12 lakhs for the three-month window. Total corporate tax provisions for the quarter came in at ₹440.45 lakhs under standard income tax allocations, alongside a deferred tax charge of ₹49.95 lakhs.

Menon Bearings maintained a stable paid-up equity share capital base of ₹560.40 lakhs, consisting of fully paid-up equity shares with a face value of ₹1 each. The company's financial footing positions it well to capture growing industrial demand across domestic auto and manufacturing ecosystems.

Shares of Menon Bearings Limited was last trading in BSE at Rs. 198.30 as compared to the previous close of Rs. 188.90. The total number of shares traded during the day was 12410 in over 122 trades.

The stock hit an intraday high of Rs. 198.30 and intraday low of 197.60. The net turnover during the day was Rs. 2460384.00.

Source : Equity Bulls

Keywords

MenonBearings INE071D01033 Q1FY27 Q1FY2027 ResultUpdate