Transcript of Earnings Call

Menon Bearings achieved landmark FY26 results with consolidated total income exceeding INR 300 crores (23.16% growth) and PAT of INR 38.25 crores (53.41% growth). Q4 PAT surged 108.55% YoY with EPS rising from INR 4.45 to INR 6.83. Management guided EBITDA margins above 20% (targeting 20-22%) for the next two years with at least 50 basis points improvement annually. The company disclosed a robust order pipeline including 51 new parts worth INR 30 crores, Bi-Metal pipeline of INR 50+ crores, and brake division pipeline of INR 10 crores for next two years. Management targets INR 500 crores revenue by FY28 with 25% YoY growth. Exports comprise 35% of revenue with 80% to USA; Europe is being targeted as companies diversify from China. CapEx plans include INR 25 crores for Bi-Metal and INR 7 crores for Alkop over two years.