Menon Bearings Profile
Key Indicators
- Authorised Capital ₹ 10.10 Cr
- Paid Up Capital ₹ 5.60 Cr
- Company Age 33 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 67.00 Cr
- Satisfied Charges ₹ 52.11 Cr
- Revenue Growth 11.04%
- Profit Growth 33.37%
- Ebitda 25.49%
- Net Worth 19.16%
- Total Assets 11.30%
About Menon Bearings
Menon Bearings Limited (MBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 July 1991 and has a history of 33 years and seven months. Its registered office is in Kolhapur, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523828 and on the National Stock Exchange(NSE) under MENONBE.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.10 Cr and a paid-up capital of Rs 5.60 Cr.
The company currently has active open charges totaling ₹67.00 Cr. The company has closed loans amounting to ₹52.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Menon Bearings Limited India is Arun Aradhye as CFO. Santosh Prabhu, Ramesh Dixit, Nitin Menon, and Three other members serve as directors at the Company.
Company Details
- Location
Kolhapur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Menon Bearings Limited offer?
Menon Bearings Limited offers a wide range of products and services, including Sheet Metal & Turned Components, Machine Parts.
Who are the key members and board of directors at Menon Bearings?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arun Aradhye  | CFO | 11-May-2014 | Current |
| Ramesh Dixit | Managing Director | 01-Apr-1992 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arun Aradhye | Whole-Time Director and Cfo | 31-Jan-2019 | Current |
| Kailash Nevagi | Director | 16-Apr-2018 | Current |
| Santosh Prabhu | Director | 24-Oct-2018 | Current |
| Nitin Menon | Whole-Time Director | 01-Apr-1995 | Current |
| Mukund Shinde | Director | 29-Jan-2016 | Current |
Financial Performance of Menon Bearings.
Menon Bearings Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.04% increase. The company also saw a substantial improvement in profitability, with a 33.37% increase in profit. The company's net worth Soared by an impressive increase of 19.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Menon Bearings?
In 2023, Menon Bearings had a promoter holding of 71.25% and a public holding of 28.75%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rapid Machining Technologies Pvt LtdRamesh Dixit is a mutual person
Flyga Auto Private LimitedNitin Menon and Arun Aradhye are mutual person
Lunar Enterprise Private LimitedRamesh Dixit is a mutual person
Menon United Private LimitedNitin Menon and Arun Aradhye are mutual person
Menon Piston Rings Private LimitedRamesh Dixit is a mutual person
Menon Pistons LimitedRamesh Dixit is a mutual person
Charges (Loans)
₹67.00 Cr
₹52.11 Cr
Charges Breakdown by Lending Institutions
- Others : 38.00 Cr
- Hdfc Bank Limited : 25.50 Cr
- State Bank Of India : 3.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jul 2023 | Others | ₹22.00 Cr | Open |
| 24 Oct 2018 | Hdfc Bank Limited | ₹25.50 Cr | Open |
| 31 Mar 2018 | Others | ₹16.00 Cr | Open |
| 17 Oct 2006 | State Bank Of India | ₹3.50 Cr | Open |
| 05 Feb 2022 | State Bank Of India | ₹4.55 M | Satisfied |
How Many Employees Work at Menon Bearings?
Menon Bearings has a workforce of 157 employees as of Jul 25, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Menon Bearings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Menon Bearings's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
