Menon Bearings Profile
Key Indicators
- Authorised Capital ₹ 10.10 Cr
- Paid Up Capital ₹ 5.60 Cr
- Company Age 33 Year, 8 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 eight 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
Automotive
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.
Menon Bearings Limited
Explore comprehensive data for Menon Bearings Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 Limited
Nitin 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)
Open Charges
₹67.00 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Menon Bearings
Recent activity within the organization
- Annual General Meeting
Menon Bearings Limited last Annual general meeting of members was held on 06 Sep 2024 as per latest MCA records.
- Balance Sheet
Menon Bearings Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge registered on 15 Nov 2021 via Charge ID 100507639 with Hdfc Bank Limited was fully satisfied on 29 Aug 2023.
- Charges
A charge registered on 24 Oct 2018 via Charge ID 100225327 with Hdfc Bank Limited was fully satisfied on 29 Aug 2023.
- Charges
A charge with Others amounted to Rs. 22.00 Cr with Charge ID 100766911 was registered on 27 Jul 2023.
- Charges
A charge registered on 28 Feb 2020 via Charge ID 100360069 with Others was fully satisfied on 03 Dec 2022.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Menon Bearings Limited?
Menon Bearings Limited was incorporated on 04 Jul 1991.
What is authorized share capital and paid-up capital of Menon Bearings Limited?
The authorized share capital of Menon Bearings Limited is ₹ 10.10 Cr and paid-up capital is ₹ 5.60 Cr.
Who are the current board members & directors of Menon Bearings Limited?
Currently 7 directors are associated with Menon Bearings Limited.
- Santosh Kamlesh Prabhu
- Ramesh Dattatraya Dixit
- Nitin Ram Menon
- Kailash Abhay Nevagi
- Arun Ramchandra Aradhye
- Mukund Laxmanrao Shinde
- Arun Ramchandra Aradhye
What is the registered address of Menon Bearings Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Menon Bearings Limited is G 1 Midc Gokulshirgaon India, Kolhpur, Maharashtra, 416234.
What is the corporate identification number (CIN) and company number of Menon Bearings Limited?
The corporate identification number (CIN) of Menon Bearings Limited is L29130PN1991PLC062352 and the company number is 062352 as per Ministry of Corporate Affairs (MCA).
Is Menon Bearings Limited registered with any stock exchange in India?
Yes, Menon Bearings Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MENONBE.
What is the official website of Menon Bearings Limited?
The Official website of Menon Bearings Limited is https://www.menonbearings.in
What has been the recent revenue trend for Menon Bearings Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Menon Bearings Limited has risen by 11.04%.
How many employees does Menon Bearings Limited currently have?
As Per 2023 financial reports, 157 employees are currently employed by Menon Bearings Limited.
What change has been observed in the net worth of Menon Bearings Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Menon Bearings Limited has experienced an upsurge of 19.16%.
What are the total open charges for Menon Bearings Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Menon Bearings Limited amount to ₹ 67.00 Cr.
When was the last Balance Sheet of Menon Bearings Limited filed with the ROC?
The most recent Balance Sheet for Menon Bearings Limited was filed with the ROC on 31 Mar 2024.
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