MENONBE

Management Guidance & Outlook - Guided for >30% revenue growth in FY27 and FY28, driven primarily by >20% volume growth. - Aiming to reach ₹500 Cr annual revenue by next financial year or the year after. - Business pipeline estimates additional business of ₹30 Cr in FY27, ₹131 Cr in FY28, and ₹157 Cr in FY29. - Europe tour generated potential business of >₹35 Cr expected to monetize in FY28 and FY29. Margin Trends & Raw Materials - Targeting sustainable EBITDA margin between 20%-22%, with expectations to exceed 23% next fiscal. - Segment margin split: Brakes at 30%-35%, Bearings at ~23%, and Alkop at 18%-19%. - Established price pass-through mechanisms protect margins against raw material volatility (copper, tin, steel). Capex & Automation - Planned capex of ~₹9.5 Cr over next 12-15 months (₹5 Cr in Alkop, ₹4.5 Cr in Bearings) funded via internal accruals. - Investments targeted towards robotic automation and automated AI visual inspection, with an estimated payback/ROI of 2.5-3.5 years and labor savings of ~50 workers across bearing lines. Diversification & Growth Drivers - Expanding presence under China Plus One and Europe Plus One tailwinds; exports represent ~35% of revenue. - Diversifying product mix beyond tractor engines (tractor revenue share reduced from 54% to 34%) into generators, compressors, EV components, and industrial automation.

- The Board noted the delay in submission of the Shareholding Pattern under Regulation 31(1)(b) to the NSE during the meeting held on October 29, 2026. - The delay was attributed to a misinterpretation of integrated filing provisions and technical issues on the NEAPS portal. - The company paid a fine of ₹9,440 (including 18% GST) levied by the NSE for the delayed filing.

- Menon Bearings held an earnings conference call on October 30, 2026, at 11:00 AM IST. - The call pertained to Unaudited Standalone & Consolidated Financial Results for the quarter and half-year ended September 30, 2026. - Audio/video recording has been hosted on the company's website.

Menon Bearings Ltd. released its Investor Presentation for Q2 & H1 FY27, showcasing robust financial performance. - Q2 FY27 Consolidated Revenue stood at ₹100.88 Cr vs ₹63.62 Cr (▲58.6% YoY). - Q2 FY27 EBITDA stood at ₹22.20 Cr vs ₹10.89 Cr (▲103.8% YoY). - Q2 FY27 Net Profit (PAT) stood at ₹14.73 Cr vs ₹6.79 Cr (▲117.1% YoY). - EBITDA Margin expanded to 22.00% vs 17.12% in Q2 FY26. - Product-wise and channel-wise revenue breakups highlight strong growth across Bimetal, Alkop, and Braking Systems divisions.

Q2 FY27 Consolidated Revenue ₹98.33Cr vs ₹62.51Cr (▲57% YoY) EBITDA ₹19.65Cr vs ₹9.78Cr (▲101% YoY) PAT ₹14.74Cr vs ₹6.79Cr (▲117% YoY) EBITDA Margin 20% vs 16% (▲433bps)

Q2 FY27 Consolidated Revenue ₹98.33Cr vs ₹62.51Cr (▲57% YoY) EBITDA ₹19.65Cr vs ₹9.78Cr (▲101% YoY) PAT ₹14.74Cr vs ₹6.79Cr (▲117% YoY) EBITDA Margin 20.0% vs 15.7% (▲433bps)

Concall Schedule Concall Date: Friday, 30th October, 2026 Concall Time: 11:00 am IST

- Board meeting scheduled on Thursday, 29th October, 2026. - Agenda includes consideration of Un-Audited Standalone and Consolidated Financial Results for the quarter and half-year ended 30th September, 2026. - Trading window remains closed until 31st October, 2026.

- Trading window for dealing in securities of the company will remain closed from Thursday, October 1, 2026. - Closure remains effective until 48 hours after the declaration of Q2 and half-year financial results ending September 30, 2026.

- Intimation of Analyst/Institutional Investor Meeting - Menon Bearings Limited management will interact with analysts/investors through a Plant Visit and Management Meet. - Date: 26th Sep, 2026 - Mode: Physical - Venue: Kolhapur - No Unpublished Price Sensitive Information will be shared during the meeting.

- Investor Meeting Schedule - Meeting Date: 02nd Sep, 2026 - Meeting Type: Plant Visit and Management Meet - Venue: Kolhapur

- Aditya Nitin Menon (for self and PAC) disclosed the sale of shares in Menon Bearings Limited. - The promoter group (Aditya Nitin Menon, Anshul Nitin Menon, and Sucheta Nitin Menon) sold 9,96,909 equity shares. - This open market sale, concluded on August 14, 2026, resulted in a 1.77% decrease in their combined shareholding.

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- The 35th Annual General Meeting (AGM) of Menon Bearings Limited was held on Thursday, August 6, 2026, through Video Conferencing. - Key agenda items included the adoption of Audited Standalone and Consolidated Financial Statements for FY2025-26, noting the interim dividend paid, re-appointment of Mr. Nitin Menon as director, ratification of remuneration for Cost Auditors, and appointment of Mr. Rajendra Girjappa Sonkawade as a Non-Executive Non-Independent Director. - A total of 70 members attended the AGM. - Voting results will be declared within 2 working days of the AGM.

- Intimation of Analyst / Institutional Investor Meeting (Plant Visit and Management Meet) - Date: 5th August, 2026 - Mode: Physical - Venue: Kolhapur

- Company expects INR65-75 crore additional business in current and next financial year from recent visits to Canada and USA. - The brake segment anticipates starting with INR5-6 crore revenue, scaling to INR25-30 crore within two years, with current EBITDA margin at 25%. - Africa market potential includes ~INR9 crore from bearings/bushes/washers, ~INR6-7 crore from brake linings, and an existing distributor business of ~INR7-8 crore. - Alkop business targets INR100 crore this year, INR125 crore next year, with an additional INR50-60 crore revenue opportunity from new US/Canada customers for FY28; EV share targets 8-10% by FY27 end. - Investments of INR9-10 crore for capacity expansion are expected to increase capacity by 25-30% and yield over INR25 crore in additional revenue. - Management maintains a conservative guidance of over 20% YoY growth and aims to reach INR500 crore revenue in 2-3 years. - Segment-wise EBITDA margins are Bi-metal ~21%+, Alkop ~21%, and Brakes achieved 25%; consolidated margins are expected to sustain at 20-21%.

- Menon Bearings Limited held an earnings conference call on July 17, 2026, at 2:00 p.m. IST, to discuss Q1 FY27 unaudited financial results. - The video/audio recording of the conference call is available on the company's website.

- Consolidated Total Income ₹94.30 Cr vs ₹68.81 Cr (▲37.05% YoY) - EBITDA ₹22.38 Cr vs ₹14.27 Cr (▲56.80% YoY) - PAT ₹14.11 Cr vs ₹8.43 Cr (▲67.35% YoY) - EBITDA Margin 23.73% vs 20.74% (▲299 bps) - Declared interim dividend of ₹2.00 per Equity Share (200%) for FY 2026-27. - Record date for the dividend is July 22, 2026, with payment scheduled between July 27, 2026 and August 4, 2026.

- Consolidated Revenue ₹94.30Cr vs ₹68.81Cr (▲37.05% YoY) - EBITDA ₹22.38Cr vs ₹14.27Cr (▲56.80% YoY) - PAT ₹14.11Cr vs ₹8.43Cr (▲67.35% YoY) - EBITDA Margin 23.73% vs 20.74% (▲299bps) - Declared interim dividend of Rs. 2.00 per Equity Share (200% of face value) for FY 2026-27. - Record Date for dividend: Wednesday, 22nd July, 2026. - Dividend payment: From Monday 27th July, 2026 to Tuesday 4th August, 2026.

- Consolidated Operating Revenue ₹91.79Cr vs ₹67.21Cr (▲36.57% YoY) - EBITDA ₹22.38Cr vs ₹14.27Cr (▲56.80% YoY) - PAT ₹14.11Cr vs ₹8.43Cr (▲67.35% YoY) - EBITDA Margin 23.73% vs 20.74% (▲299bps) - Declared interim dividend of Rs. 2.00 per Equity Share (200% of face value) for FY 2026-27, with July 22, 2026, as the record date.