Menon Bearings' Q2 FY 2025-26 Quarterly Results

Result Summary

• Menon Bearings Ltd reported a 5.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 7.5%.
• Its expenses for the quarter were down by 2.6% QoQ and up 9.5% YoY.
• The net profit decreased 19.5% QoQ and increased 1.3% YoY.
• The earnings per share (EPS) of Menon Bearings Ltd stood at 1.21 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Menon Bearings Ltd is a company engaged in the manufacturing sector, particularly involved in the production of bearings and precision machined components. These products are essential for various industries, including automotive, agriculture, and industrial machinery. The company focuses on delivering high-quality components that meet the needs of its diverse clientele. As of the latest available information, there were no major recent developments or changes in the company's strategic direction or product offerings. Any other specific recent developments within the company are not available in the provided data.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Menon Bearings Ltd reported a total income of ₹64.90 crores, marking a decrease of 5.7% from the previous quarter (Q1FY26), where the total income was ₹68.81 crores. Year-over-year, the company experienced a 7.5% increase in total income compared to ₹60.35 crores in the second quarter of fiscal year 2025 (Q2FY25). This indicates a positive annual growth in revenue despite a short-term quarter-over-quarter decline. The total income reflects the company's ability to generate revenue from its core operations and shows the overall demand for its products in the market.

Profitability

The profitability metrics for Menon Bearings Ltd show a mixed performance. The profit before tax (PBT) in Q2FY26 was ₹8.64 crores, which is a 21.9% decrease from the previous quarter (Q1FY26) when the PBT was ₹11.06 crores. Compared to the previous year (Q2FY25), where PBT was ₹8.98 crores, there is a slight decline of 3.8%. The tax provision for Q2FY26 was ₹1.85 crores, down from ₹2.63 crores in Q1FY26, showing a decrease of 29.7%. On an annual basis, taxes decreased by 18.9% from ₹2.28 crores in Q2FY25. The profit after tax (PAT) for Q2FY26 stood at ₹6.79 crores, reflecting a 19.5% drop from the previous quarter's ₹8.43 crores, but a 1.3% increase compared to the previous year's ₹6.70 crores. Earnings per share (EPS) followed a similar pattern, at ₹1.21 in Q2FY26, down 19.3% QoQ and up 0.8% YoY.

Operating Metrics

The total expenses for Menon Bearings Ltd in Q2FY26 were ₹56.25 crores, showing a decrease of 2.6% from ₹57.74 crores in Q1FY26. Year-over-year, the total expenses increased by 9.5% from ₹51.38 crores in Q2FY25. The trends in expenses are crucial for understanding cost management and operational efficiency. The company’s financial data for Q2FY26 shows a reduction in expenses compared to the previous quarter while maintaining higher expenses than the previous year. These operating metrics provide insights into the company's cost structure and operational capabilities over the given periods. However, no specific key financial ratios such as P/E ratio, debt-to-equity ratio, or current ratio are provided in the data for further analysis.