1. Opening Hook
Just when global markets are busy panicking about tariffs, wars, and copper behaving like crypto, Menon Bearings quietly drops a Q3 that screams: “Relax, we’ve handled worse.”
While the rest of the auto ancillary universe debates EV doom and margin compression, Menon is busy sweating assets, converting exports to ex-works, and casually shaving 150 days off its cash cycle.
Yes, the company still makes bearings, bushes, aluminium castings, and now brakes.
No, they are not losing sleep over electrification.
And yes, they’re telling investors margins will improve despite raw material chaos.
Sounds optimistic? Maybe.
Sounds reckless? Not really.
Read on—because the confidence gets bolder, the numbers louder, and the promises… dangerously specific.
2. At a Glance
- Revenue up 32% YoY: Apparently, tariffs missed the memo.
- PAT up 69%: Operating leverage finally clocked in on time.
- EBITDA margin ~20.5%: Auto ancillaries taking notes nervously.
- Exports at 36%: U.S. still paying the bills—happily.
- EPS ₹1.65 vs ₹0.98: Shareholders finally smiling without forcing it.
3. Management’s Key Commentary
“Q3 FY26 has been a strong quarter with healthy demand across key segments.”
(Translation: Everything we said for two years is finally showing up in numbers 😏)
“Exports have grown despite U.S. tariffs.”
(Translation: Customers
