Menon Bearings Limited — PPTs, 24-01-2025: Investor Presentation

**Financial Highlights:** Menon Bearings reported a consolidated revenue of ₹58.39 Cr in Q3 FY25, up 13.38% from ₹51.49 Cr YoY, and an EBITDA of ₹9.75 Cr with a margin of 16.70%. PAT stood at ₹5.47 Cr, maintaining a stable margin of 9.37%. Over 9M FY25, revenue reached ₹175.46 Cr, reflecting an 11.66% increase YoY.

**Strategic Initiatives and Growth Drivers:** The company successfully completed its bearings division expansion and has ongoing capacity expansion at Alkop, expected to finalize by Q4 FY25. A new segment will be initiated focusing on EV components, collaborating with Eaton to supply parts for Porsche.

**Business Developments:** Strong performance from the tractor segment has been noted, with a robust pipeline valued at ₹100 Cr anticipated for production within two years. Registration processes with Indian Railways for braking products are also in progress.

**Market Position and Competitive Advantage:** Menon Bearings holds a dominant market position as India’s leading engine bearings manufacturer, extending exports to over 24 countries. The company's strategic focus on high-margin products and expanding capacity underlines its competitive edge.

**Investor Implications:** With consistent growth trends and strategic expansions, the outlook remains positive, marking potential growth opportunities as it leverages its supplier networks and diversifies into newer segments. Monitoring developments in the EV space and its impact on overall margins would be prudent for investors.