About Menon Bearings Limited

Menon Bearings Limited is an Indian auto components manufacturer based in Kolhapur, Maharashtra. The registered office is at G-1, MIDC, Gokul Shirgaon, Kolhapur – 416 234, Maharashtra, India. The Company manufactures precision engine bearings and allied products for Original Equipment Manufacturers (OEMs), the aftermarket, and export customers. Its portfolio includes bearings, bushes, thrust washers, strips and aluminium die-casting components, supplying a broad range of automotive and engineering applications. Within the group, aluminium die casting capabilities serve rising demand for lightweight components aligned with evolving fuel-efficiency and emission norms in both ICE and EV platforms.

The Company’s global footprint spans 24 countries, with exports constituting approximately 30% of production, reinforcing a strong presence with leading OEMs worldwide. As of March 31, 2025, Menon Bearings employed 203 permanent staff members, with ongoing initiatives to enhance automation, reduce wastage and accelerate new product development. As on March 31, 2025, the Company had three wholly owned subsidiaries.

Key Milestones of Menon Bearings Limited

Key milestones achieved in the latest year include a successful foray into the Brakes segment with asbestos-free Brake Linings, commissioning of a new Thrust Washer manufacturing unit (Unit – III) with lead-free foundry technology, and a reorganisation of the Aluminium Division through a slump sale to a wholly owned subsidiary effective April 1, 2024. The Company also formed two new wholly owned public limited subsidiaries to drive focused growth and diversification into emerging opportunities. One subsidiary became a material subsidiary after its turnover crossed 10% of consolidated turnover in FY 2024-25, as defined under applicable regulations.

Menon Bearings Limited Business Verticals and Geographical Presence

Menon Bearings Limited manufactures precision engine bearings and allied products including bearings, bushes, thrust washers, strips and aluminium die-casting components for OEMs, the aftermarket, and export customers. The Company entered the Brakes segment with asbestos-free Brake Linings. The Company’s global footprint spans 24 countries, with exports constituting approximately 30% of production. The registered office and manufacturing operations are based in Kolhapur, Maharashtra, India. Export focus areas include Europe, ASEAN and the US markets.

Menon Bearings Limited Business Segment

The Company manufactures precision engine bearings and allied products such as bearings, bushes, thrust washers, strips and aluminium die-casting components, supplying automotive and engineering applications for OEMs, the aftermarket and exports. The portfolio includes a new Brakes segment with asbestos-free Brake Linings. The Company operates across 24 countries, with exports comprising approximately 30% of production. Manufacturing is based in Kolhapur, Maharashtra, India.

Menon Bearings Limited Key Management

• Nitin Menon – Executive Chairman
• R. D. Dixit – Managing Director
• Arun Aradhye – Whole Time Director & CFO
• Siddheshwar Kadane – Company Secretary & Compliance Officer

Latest Updates on Menon Bearings Limited

• New product line: The Company entered the Brakes segment, launching eco-friendly, asbestos-free Brake Linings to serve domestic and global markets.
• Capacity addition: A state-of-the-art Thrust Washer manufacturing unit (Unit – III) with lead-free foundry technology was commissioned, strengthening manufacturing capability.
• Portfolio reorganisation: The Aluminium Division was carved out via a slump sale to a wholly owned subsidiary, effective April 1, 2024, to streamline performance and focus leadership on the aluminium business.
• New subsidiaries: Two new wholly owned public limited subsidiaries were established to pursue growth in aluminium components and diversify into high-potential service-driven opportunities.
• Material subsidiary status: One subsidiary became a material subsidiary after exceeding 10% of consolidated turnover during FY 2024-25, under SEBI regulations.
• Financing: The Company availed a term loan of Rs 22 crore during the year, reflected in changes to certain financial ratios.
• Export momentum and contracts: The Annual Report highlights improved export performance, including new contracts in Europe and the Middle East, alongside strengthened OEM relationships in India and abroad.
• AGM and governance: The 34th AGM is scheduled via video conferencing on August 28, 2025; the Annual Report and notices are available on the Company’s website and the registrar’s e-voting portal. The Board also approved remuneration for the Managing Director for the remainder of his current tenure up to March 31, 2028, subject to members’ approval (resolution dated July 25, 2025).
• Export focus areas: The Company plans to expand exports with a focus on Europe, ASEAN and the US markets.