Menon Bearings (NSE:MENONBE) Operating Margin %: 21.39% (As of Mar. 2026) — 18% Above Median


NSE:MENONBE Menon Bearings Ltd NSE:MENONBE
79 GF Score
Price ₹161.70
GF Value ₹168.59
Valuation Fairly Valued
! 7 Warning Signs
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What is Menon Bearings Operating Margin %?

Menon Bearings NSE:MENONBE -4.50% 79 Operating Margin % is 21.39% as of Mar. 2026, which is 18% above its 10-year median of 18.09. GuruFocus rates NSE:MENONBE with a GF Score™ of 79/100 and a GF Value™ of ₹168.59 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,325 Vehicles & Parts companies, Menon Bearings ranks better than 92.3% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Menon Bearings's Operating Income for the three months ended in Mar. 2026 was ₹186 Mil. Menon Bearings's Revenue for the three months ended in Mar. 2026 was ₹872 Mil. Therefore, Menon Bearings's Operating Margin % for the quarter that ended in Mar. 2026 was 21.39%.

Warning Sign:

Menon Bearings Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -4.2%.

The historical rank and industry rank for Menon Bearings's Operating Margin % or its related term are showing as below:

NSE:MENONBE' s Operating Margin % Range Over the Past 10 Years
Min: 13.84   Med: 18.09   Max: 23.02
Current: 16.61


NSE:MENONBE's Operating Margin % is ranked better than
92.3% of 1325 companies
in the Vehicles & Parts industry
Industry Median: 4.86 vs NSE:MENONBE: 16.61

Menon Bearings's 5-Year Average Operating Margin % Growth Rate was -4.20% per year.

Menon Bearings's Operating Income for the three months ended in Mar. 2026 was ₹186 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹488 Mil.


Menon Bearings  (NSE:MENONBE) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Menon Bearings Operating Margin % Related Terms


Menon Bearings Operating Margin % Historical Data

* Premium members only.

The historical data trend for Menon Bearings's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Menon Bearings Operating Margin % Chart

Menon Bearings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.48 20.41 16.43 13.84 16.61

Menon Bearings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.80 15.81 11.91 15.71 21.39

NSE:MENONBE vs ORLY, AZO: Operating Margin % Comparison

For the Auto Parts subindustry, Menon Bearings's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Menon Bearings Operating Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Menon Bearings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Menon Bearings's Operating Margin % falls into.


NSE:MENONBE
79GF Score
Menon Bearings Ltd NSE:MENONBE
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Menon Bearings Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Menon Bearings's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=487.951 / 2938.086
=16.61 %

Menon Bearings's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=186.439 / 871.778
=21.39 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 21.39% mean?
Menon Bearings (NSE:MENONBE) has a Operating Margin % of 21.39% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Menon Bearings and its competitors. This is 18% above median its historical median of 18.09. Over the past decade, Menon Bearings' Operating Margin % has ranged from 13.84 to 23.02. According to the industry distribution chart, Menon Bearings ranks #102 out of 1325 companies in the Vehicles & Parts industry, placing it in the top 7.7%.
Is Menon Bearings' Operating Margin % too high?
Menon Bearings' current Operating Margin % of 21.39% is 18% above median its 10-year median of 18.09. Over the past 10 years, this metric has ranged from a low of 13.84 to a high of 23.02. The Vehicles & Parts industry median Operating Margin % is 4.86. Menon Bearings' value of 21.39% is 340.1% above this industry median. Based on the distribution chart, Menon Bearings ranks #102 out of 1325 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Menon Bearings has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Menon Bearings' Operating Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Menon Bearings ranks #102 out of 1325 companies for Operating Margin %. This places Menon Bearings in the top 8% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 4.86. Menon Bearings' value of 21.39% is 340.1% above this benchmark. Historically, Menon Bearings' own Operating Margin % has ranged from 13.84 to 23.02 over the past decade. While the company's 10-year median is 18.09 vs. the industry median of 4.86, Menon Bearings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Vehicles & Parts company?
The median Operating Margin % among Vehicles & Parts companies is 4.86, based on 1,325 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Menon Bearings's current Operating Margin % of 21.39% is 340.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Menon Bearings and its competitors. For the Vehicles & Parts industry, the median Operating Margin % is 4.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Menon Bearings's current Operating Margin % is 21.39%, which is 18% above median its own 10-year median of 18.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Menon Bearings stock overvalued right now?
Based on GuruFocus' analysis, Menon Bearings (NSE:MENONBE) is currently considered Fairly Valued. The stock's GF Value™ is ₹168.59, compared to a current price of ₹161.70 — trading 4.1% below its estimated fair value. The current Operating Margin % is 21.39%, which is 18% above median its 10-year median of 18.09 and 340.1% above the Vehicles & Parts industry median of 4.86. Menon Bearings' overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Menon Bearings (NSE:MENONBE), the current Operating Margin % is 21.39% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Menon Bearings (NSE:MENONBE) Overvalued in 2026?

Based on GuruFocus' analysis, Menon Bearings stock appears to be undervalued. The current stock price of ₹161.70 is trading 4.1% below its estimated GF Value™ of ₹168.59. GuruFocus considers Menon Bearings to be Fairly Valued.

Key valuation signals for NSE:MENONBE:

  • Operating Margin %: 21.39% (18% above median its 10-year median of 18.09)
  • GF Value™: ₹168.59 vs. price of ₹161.70 (4.1% below fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 340.1% above the Vehicles & Parts median (#102 of 1325)

No single metric tells the full story. See the NSE:MENONBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Menon Bearings Business Description

Other Exchanges 523828:India
Address G-1, MIDC, Gokul Shirgaon, Kolhapur, MH, IND, 416234
Menon Bearings Ltd is engaged in the manufacturing of auto components. The company products include bi-metal Engine bearings, Bushes and Thrust Washers for light and heavy automobile engines, two-wheeler engines as well as compressors for refrigerators, air conditioners, and others. Its bearing products include bearings for connecting rods, flanged bearings, and tri-metal bearings. The thrust washers include washers with thrust face contours and ring-type thrust washers. It offers truncated bushes for connecting rods; ball indented bushes; bushes for connecting rods; rocker arms and rock shafts. The company has one business segment namely Auto Components.
79GF Score

Get the complete analysis for NSE:MENONBE

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹161.70
Price
₹168.59
GF Value