Menon Bearings Limited Share Price and Company Fundamentals
Last traded: Yesterday at 9:59 AM
Menon Bearings Limited engages in the manufacture and sale of auto components in India. Its bearing products include bi-metal engine bearings; bushes and thrust washers for light and heavy automobile engines, and two-wheeler engines; and compressors for refrigerators, air conditioners, etc. The company also provides high pressure aluminum die cast and machined components, such as motor end shields, compressor bearing connecting rods, engine components, gear case covers, and clutch assemblies; cylinder heads and brake parts; and engine parts, portable tools, fuel pump parts, pressure and temperature transmitter parts, explosion proof parts, and gravity die cast parts. Its products are used in various applications, which include automotive engines, compressors, generators, stationary and marine engines, and agricultural earthmovers and tillers. The company also exports its products to the United States, Japan, the United Kingdom, Italy, France, China, Mexico, and Brazil. Menon Bearings Limited was incorporated in 1991 and is based in Kolhapur, India.
|Industry / Sector||Auto Parts / Consumer Cyclical|
|Mailing address||G-1, MIDC Gokul Shirgaon Kolhapur 416234 India|
|Phone / Fax||91 23 1267 2279 / 91 23 1267 2278|
5Y Avg. yield
Menon Bearings Limited paid ₹2.00 dividend and the ex-dividend date was 27 Oct 2021.The dividend payout ratio is 45.66%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MENONBE dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
MENONBE's forward dividend amount is ₹3.5 and the forward dividend yield is 4.53%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of Jul 2022, following are the company executives and directors listed on Menon Bearings Limited.
|Mr. Nitin Ram Menon||Exec. Chairman & Joint MD||54||12.73M|
|Mr. Ramesh Dattatraya Dixit||MD & Director||78||5.03M|
|Mr. Arun Ramchandra Aradhye||Whole Time Director & CFO||65||4.79M|
|Mr. Ranjeet Babasaheb Bhosale||Chief Operating Officer||54|
|Mr. Suraj S. Patil||Compliance Officer & Corp. Sec.|
|Ms. Neha Harolikar||Company Sec. & Compliance Officer|
Profitability and management effectiveness
Return on assets
Return on equity
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Menon Bearings Limited is and its enterprise value is .
The MENONBE's stocks Beta value is 0.93 making it 7% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Menon Bearings Limited (NSE:MENONBE) Frequently Asked Questions
1. What is Menon Bearings Limited's Stock Symbol?
Menon Bearings Limited trades on NSE under the ticker symbol "MENONBE".
2. What is Menon Bearings Limited's stock price today?
One share of MENONBE stock can currently be purchased for approximately ₹82.35.
3. How can I contact Menon Bearings Limited?
Menon Bearings Limited's mailing address is G-1, MIDC Gokul Shirgaon Kolhapur 416234 India. The company can be reached via phone at 91 23 1267 2279.
4. What is Menon Bearings Limited's official website?
The official website of Menon Bearings Limited is https://www.menonbearings.in.