Menon Bearings earnings calls.

Menon Bearings reported a strong Q3 FY26 with 32% YoY revenue growth to Rs 76.9 croreCurrent reported value: 32% YoY revenue growth to Rs 76.9 crore. No comparable prior figure is available in the source record. driven by robust OEM demand and export momentum, particularly from Alison Transmission. PAT surged 69% to Rs 9.3 croreCurrent reported value: 69% to Rs 9.3 crore. No comparable prior figure is available in the source record. with EBITDA margins at 20.5%Current 20.5%. Reported change: +500bps YoY., expanding ~500bps YoY through operating leverage and cost initiatives. The order book stands at Rs 295 croreCurrent Rs 295 crore. Reported change: FY26 guided. for FY26, with management guiding Rs 350 crore for FY27 and Rs 429 crore for FY28. Key growth drivers include John Deere global wallet share expansion, new brake segment OEM customers, and aluminum casting volume ramp-up. Cost-saving measures (Rs 8-9Current reported value: 9. No comparable prior figure is available in the source record. crore annual process improvements, Rs 2.25 crore electricity savings from solar) support margin sustainability. Risks include copper/steel price volatility impacting margins, tariff uncertainty despite manageable exposure, and brake segment dynamometer delays. The company is shifting export terms to X-Works India to reduce forex and logistics risk, targeting 90% of exports under this model.