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Realtime updates for Menon Bearings Limited [MENONBE.NS]

Exchange: NSE Sector: Consumer Cyclical Industry: Auto Parts
Upcoming Earnings Alert

Quarter results today
(bmo 2024-05-14)

Expected move: +/- 5.71%

Last Updated14 May 2024 @ 05:59

0.59% INR 119.45

Live Chart Being Loaded With Signals

Commentary (14 May 2024 @ 05:59):

Menon Bearings Limited engages in the manufacture and sale of auto components in India. Its bearing products include bi-metal engine bearings; bushes and thrust washers for light and heavy automobile engines, and two-wheeler engines; and compressors for refrigerators, air conditioners, etc...

Stats
Today's Volume 47 474.00
Average Volume 70 868.00
Market Cap 6.69B
EPS INR0 ( 2024-05-10 )
Next earnings date ( INR0 ) 2024-07-13
Last Dividend INR2.25 ( 2023-07-24 )
Next Dividend INR0 ( N/A )
P/E 23.99
ATR14 INR0.176 (0.15%)

Volume Correlation

Long: 0.35 (neutral)
Short: 0.55 (weak)
Signal:(36.88) Neutral

Menon Bearings Limited Correlation

10 Most Positive Correlations
10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Menon Bearings Limited Correlation - Currency/Commodity

The country flag -0.50
( neutral )
The country flag -0.47
( neutral )
The country flag 0.00
( neutral )
The country flag -0.53
( weak negative )
The country flag -0.18
( neutral )
The country flag 0.54
( weak )

Menon Bearings Limited Financials

Annual 2023
Revenue: INR2.11B
Gross Profit: INR460.29M (21.84 %)
EPS: INR4.35
FY 2023
Revenue: INR2.11B
Gross Profit: INR460.29M (21.84 %)
EPS: INR4.35
FY 2022
Revenue: INR2.17B
Gross Profit: INR1.29B (59.65 %)
EPS: INR5.82
FY 2022
Revenue: INR1.95B
Gross Profit: INR977.89M (50.22 %)
EPS: INR4.38

Financial Reports:

No articles found.

Menon Bearings Limited Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
INR2.00
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR2.25
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)

Menon Bearings Limited Dividend Information - Dividend Knight

Dividend Sustainability Score: 10.00 - good (100.00%) | Divividend Growth Potential Score: 5.68 - Stable (13.56%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend INR0.667 2015-07-06
Last Dividend INR2.25 2023-07-24
Next Dividend INR0 N/A
Payout Date 0000-00-00
Next Payout Date N/A
# dividends 13 --
Total Paid Out INR15.75 --
Avg. Dividend % Per Year 2.17% --
Score 4.03 --
Div. Sustainability Score 10.00
Div.Growth Potential Score 5.68
Div. Directional Score 8.44 --
Next Divdend (Est)
(2024-09-25)
INR2.45 Estimate 3.41 %
Dividend Stability
0.27 Very Poor
Dividend Score
4.03
Pay Frequency
Annually
Yearly Payout
Year Amount Yield
2015 INR0 0.00%
2016 INR0 0.00%
2017 INR0 0.00%
2018 INR1.750 1.68%
2019 INR1.250 1.45%
2020 INR1.250 2.19%
2021 INR3.50 6.98%
2022 INR2.00 2.43%
2023 INR2.25 2.28%
2024 INR0 0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

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Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
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PITTIENG.NS Dividend Junior 2023-08-11 Annually 18 0.51%
JINDRILL.NS Dividend Junior 2023-08-14 Annually 18 0.23%
DEEPINDS.NS Dividend Junior 2023-09-18 Annually 4 1.00%
SOBHA.NS Dividend Junior 2023-07-28 Annually 18 0.43%
MINDTECK.NS Dividend Junior 2023-08-04 Sporadic 8 0.28%
HATSUN.NS Dividend Junior 2023-07-27 Annually 10 0.45%
BEARDSELL.NS Dividend Junior 2023-09-18 Annually 13 0.46%
RAILTEL.NS Dividend Knight 2023-08-24 Semi-Annually 4 1.19%
KENNAMET.NS Dividend Knight 2023-05-25 Annually 4 0.76%

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.1151.5007.6910.00[0 - 0.5]
returnOnAssetsTTM0.1171.2006.097.30[0 - 0.3]
returnOnEquityTTM0.1781.5009.1310.00[0.1 - 1]
payoutRatioTTM0-1.00000[0 - 1]
currentRatioTTM2.820.8000.9030.722[1 - 3]
quickRatioTTM2.220.8001.6571.325[0.8 - 2.5]
cashRatioTTM0.6841.5007.3110.00[0.2 - 2]
debtRatioTTM0.163-1.5007.29-10.00[0 - 0.6]
interestCoverageTTM10.581.0007.197.19[3 - 30]
operatingCashFlowPerShareTTM3.012.009.0010.00[0 - 30]
freeCashFlowPerShareTTM3.012.008.5010.00[0 - 20]
debtEquityRatioTTM0.232-1.5009.07-10.00[0 - 2.5]
grossProfitMarginTTM0.5131.0004.784.78[0.2 - 0.8]
operatingProfitMarginTTM0.1641.0008.728.72[0.1 - 0.6]
cashFlowToDebtRatioTTM0.5011.0008.338.33[0.2 - 2]
assetTurnoverTTM1.0180.8006.545.24[0.5 - 2]
Total Score11.20

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM27.901.0007.280[1 - 100]
returnOnEquityTTM0.1782.509.4410.00[0.1 - 1.5]
freeCashFlowPerShareTTM3.012.009.0010.00[0 - 30]
dividendYielPercentageTTM1.8601.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM3.012.009.0010.00[0 - 30]
payoutRatioTTM01.50000[0 - 1]
pegRatioTTM0.9071.5007.280[0.5 - 2]
operatingCashFlowSalesRatioTTM0.08001.000-0.5010[0.1 - 0.5]
Total Score5.68

Menon Bearings Limited

Menon Bearings Limited engages in the manufacture and sale of auto components in India. Its bearing products include bi-metal engine bearings; bushes and thrust washers for light and heavy automobile engines, and two-wheeler engines; and compressors for refrigerators, air conditioners, etc. The company also provides high pressure aluminum die cast and machined components, such as motor end shields, compressor bearing connecting rods, engine components, gear case covers, and clutch assemblies; cylinder heads and brake parts; and engine parts, portable tools, fuel pump parts, pressure and temperature transmitter parts, explosion proof parts, and gravity die cast parts. Its products are used in various applications, which include automotive engines, compressors, generators, stationary and marine engines, and agricultural earthmovers and tillers. The company also exports its products to the United States, Japan, the United Kingdom, Italy, France, China, Mexico, Brazil, Belgium, etc. Menon Bearings Limited was incorporated in 1991 and is based in Kolhapur, India.

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