Menon Bearings reports strong H1FY26 results, plans capacity expansion

Menon Bearings Limited reported strong financial results for H1FY26, with net sales of INR 129.72 crores, an increase of 10.80% year-on-year. Profit after tax (PAT) for the same period was INR 15.21 crores, up 18.30% compared to H1FY25. The company’s EBITDA for H1FY26 stood at INR 24.72 crores, with an EBITDA Margin of 18.77%.

The company is expanding capacity across its divisions. Bi-Metal capacity is projected to increase by 9% to 530 lakh units by FY26, and Brakes Division capacity by 33% to 24 lakh pieces by FY27. New initiatives are expected to generate INR 50-60 crore annually within two years for the Alkop segment.

Menon Bearings is also targeting an increase in exports to 40% of revenue by FY27, from the current ~30%. The company is exploring the EV segment for Alkop, aiming for 8-10% of Alkop revenue from this segment by FY27, including supplying components to Porsche via Eaton.