Menon Bearings Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
- October 9, 2026
- Posted by: Kunal Singla
- Category: Market
Menon Bearings share price Rs 289.15 (9 October 2026). Base target Rs 344, bull Rs 412, downside risk Rs 229. PE 36.52. 52W range Rs 101.50 to Rs 330.00.
Quick Answer
The Menon Bearings share price target for 2027 is Rs 344, about 19.0% above the current price of Rs 289.15. The bull case is Rs 412, and the downside risk level, which is not a target, is Rs 229. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 25.3%, with the stock holding its PE of 36.52. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a Menon Bearings target price for 2027 should start with where the stock sits today. At Rs 289.15 on 9 October 2026, it is 12.4% below its 52-week high of Rs 330.00 and 184.9% above its 52-week low of Rs 101.50. That range spans 225% from low to high, so the entry point matters as much as the Menon Bearings price forecast itself.
This article builds the Menon Bearings share price target from reported numbers only: four years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 344 base case and the Rs 412 bull case were reached, along with a downside risk level of Rs 229.
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Menon Bearings Stock Analysis: Company Overview and Key Stats
Menon Bearings (NSE: MENONBE) has a market capitalisation of Rs 1,605 crore. In FY26 it reported revenue of Rs 300.24 crore and net profit of Rs 38.25 crore. The table collects the figures the Menon Bearings share price target is built on.
| Metric | Value |
|---|---|
| Company | Menon Bearings |
| NSE Ticker | MENONBE |
| CMP (9 October 2026) | Rs 289.15 |
| 52-Week High | Rs 330.00 |
| 52-Week Low | Rs 101.50 |
| Market Cap | Rs 1,605 crore |
| PE Ratio (TTM) | 36.52 |
| Industry PE | 37.01 |
| Price to Book | 8.66 |
| Return on Equity | 20.64% |
| Debt to Equity | 0.25 |
| EPS (TTM) | Rs 7.84 |
| Dividend Yield | 0.70% |
| 12-Month Base Target | Rs 344 |
| Bull Case | Rs 412 |
| Downside Risk Level (not a target) | Rs 229 |
Why Is Menon Bearings Share Price Target Set at Rs 344 for 2027?
The base-case Menon Bearings stock target of Rs 344 applies a PE multiple of 36.52 to a forward EPS estimate of Rs 9.41. That EPS assumes 20.0% yearly growth, the pace from FY24 to FY26, and puts the target 19.0% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the Menon Bearings Target Price: Four Years of Results
Menon Bearings grew revenue from Rs 219.86 crore in FY23 to Rs 300.24 crore in FY26, a compound annual growth rate of 10.9%. Net profit grew more slowly, from Rs 32.60 crore to Rs 38.25 crore (5.5% a year), which points to margin pressure alongside the sales growth.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY23 | 219.86 | 32.60 | 5.82 | 2.00 |
| FY24 | 214.42 | 24.36 | 4.35 | 2.25 |
| FY25 | 243.78 | 24.93 | 4.45 | 2.00 |
| FY26 | 300.24 | 38.25 | 6.83 | 2.00 |
FY26 revenue growth was 23.2%, faster than the three-year average of 10.9%, and net profit moved up 53.4%. EPS rose from Rs 4.35 in FY24 to Rs 6.83 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
Menon Bearings converted 12.7% of FY26 revenue into net profit, against 10.2% in FY25, within a four-year range of 10.2% to 14.8%. EBITDA margin was 21.7% in FY26 versus 19.0% in FY25.
In the June 2026 quarter, revenue was Rs 94.30 crore, up 37.0% from the same quarter a year earlier, while net profit of Rs 14.11 crore was up 67.4%. EBITDA came in at Rs 22.64 crore, up 56.0% year on year. The next quarterly result is the first test of whether the earnings assumption holds.
Balance Sheet and Cash Flow
Debt to equity stands at 0.25, and shareholders’ equity grew from Rs 133.32 crore in FY23 to Rs 185.35 crore in FY26. Operating cash flow in FY26 was Rs 23.32 crore against capital expenditure of Rs 26.94 crore, leaving negative free cash flow of Rs 3.62 crore. In FY25 free cash flow was negative at Rs 3.97 crore.
Valuation Check for the Menon Bearings Stock Target: PE, Price to Book and ROE
At a PE of 36.52 against an industry PE of 37.01, Menon Bearings trades in line with its industry. Price to book is 8.66 on a book value of Rs 33.07 per share, and return on equity is 20.64%. A PE of 36.52 equals an earnings yield of 2.7%, and the FY26 dividend of Rs 2.00 per share gives a yield of 0.70%.
Shareholding Pattern and Institutional Holding
Promoters held 68.44% of Menon Bearings in June 2026, and promoter holding has stayed near 68.44% since June 2025. Foreign institutional investors (FII) held 0.14% and domestic institutions (DII) held 0.40%, which puts total institutional holding at 0.54%. FII holding fell from 0.45% in June 2025 to 0.14% in June 2026. Public shareholders own the remaining 31.01%. Institutional holding this low means the stock sees limited professional coverage, and price moves can be sharper when trading volumes are thin.
Menon Bearings Share Price Targets for the Short Term and 12 Months
Short Term Menon Bearings Stock Target Levels: Technical Setup
At Rs 289.15 on 9 October 2026, Menon Bearings trades above its 50-day simple moving average of Rs 276.51 and above its 200-day exponential moving average of Rs 195.95. The 14-day RSI reads 36.1, which is neutral territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 330.00 (52-week high) and the nearest support is Rs 276.51 (50-day simple moving average). A sustained move above Rs 330.00 would improve the short-term setup, while a close below Rs 276.51 would shift attention to the next support.
12 Month Menon Bearings Target Price for 2027
The 12-month target for Menon Bearings is Rs 344: forward EPS of Rs 9.41 at a PE of 36.52. That is 19.0% above Rs 289.15. It would also push the stock above its 52-week high of Rs 330.00.
How EPS Growth and PE Multiple Change the Menon Bearings Target Price
| EPS Growth | PE 29.22 | PE 36.52 | PE 42.00 |
|---|---|---|---|
| 0.0% (EPS Rs 7.84) | Rs 229 | Rs 286 | Rs 329 |
| 20.0% (EPS Rs 9.41) | Rs 275 | Rs 344 | Rs 395 |
| 25.0% (EPS Rs 9.80) | Rs 286 | Rs 358 | Rs 412 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Menon Bearings price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for Menon Bearings Stock Target in 2027
Bull Case Rs 412
The bull case Menon Bearings price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 9.80, and a PE multiple that rises 15% to 42.00. That gives Rs 412, 42.5% above the current price and above the 52-week high of Rs 330.00, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 229
The downside risk level is not a target. It assumes EPS stays flat at Rs 7.84 and the PE falls 20% to 29.22. That gives Rs 229, 20.8% below the current price and above the 52-week low of Rs 101.50.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 25.0% | 42.00 | Rs 412 | +42.5% |
| Base Case | 20.0% | 36.52 | Rs 344 | +19.0% |
| Downside Risk | 0.0% | 29.22 | Rs 229 | -20.8% |
Key Risks to the Menon Bearings Target Price for 2027
Growth Slowdown Risk for the Menon Bearings Price Target
Revenue in the June 2026 quarter was up 37.0% year on year, and FY26 revenue growth was 23.2%. If growth slows from here, the EPS estimate behind the Menon Bearings stock target will need revising.
Liquidity and Size Risk
Menon Bearings has a market capitalisation of Rs 1,605 crore. Institutional holding is 0.54%, and promoters hold 68.44%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.
Valuation and Margin Risk
Net margin was 12.7% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 36.52 versus an industry PE of 37.01, a de-rating toward the downside-risk PE of 29.22 would cut the price even if earnings hold.
Market and Technical Risk
The stock trades 12.4% below its 52-week high, with an RSI of 36.1 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.
How to Invest in Menon Bearings
Start with the live price and volume. Any Menon Bearings share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 289.15 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check Menon Bearings’ PE, ROE, debt and shareholding in one place.
Check Menon Bearings fundamentals on the Univest Screener
Then compare the three Menon Bearings target price scenarios with your own view. If you expect EPS growth below 20.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track Menon Bearings live price and get daily stock recommendations.
Conclusion
The Menon Bearings share price target for 2027 is Rs 344 in the base case, with Rs 412 as the bull case. The support for that view is arithmetic you can check: EPS grew 25.3% a year over FY24 to FY26, and the stock trades at a PE of 36.52. The risks are equally concrete, including institutional holding of only 0.54% and a downside scenario that cuts the price 21% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Menon Bearings Share Price Target 2027
What is the Menon Bearings share price target for 2027?
Ans. The base-case Menon Bearings share price target for 2027 is Rs 344, with Rs 412 as the bull case. The downside risk level, which is not a target, is Rs 229. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.
What is the Menon Bearings share price today?
Ans. As of 9 October 2026, 3:30 PM IST, Menon Bearings trades at Rs 289.15, up 0.71% on the day. The 52-week range is Rs 101.50 to Rs 330.00.
Is Menon Bearings a buy or sell at the current price?
Ans. The data is mixed rather than one-sided: EPS has grown 25.3% a year over FY24 to FY26, but institutional holding is only 0.54%. Whether Menon Bearings fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.
What are the bull case target and downside risk level for Menon Bearings shares?
Ans. The bull case target is Rs 412, which assumes 25.0% EPS growth and a PE of 42.00. The downside risk level is Rs 229, which assumes flat EPS and a PE of 29.22. It marks a risk, not a target.
What are the main risks to the Menon Bearings price target?
Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 1,605 crore, a PE de-rating and short-term weakness in the broader market. Institutional holding is only 0.54%, which can make price moves sharper.
What is the PE ratio of Menon Bearings and how does it compare with the industry?
Ans. The PE ratio of Menon Bearings is 36.52 against an industry PE of 37.01. Price to book is 8.66 and return on equity is 20.64%. The base case in the Menon Bearings price target holds this PE constant.
Who owns Menon Bearings, and what is the promoter holding?
Ans. Promoters held 68.44% of Menon Bearings in June 2026. FII held 0.14%, DII held 0.40% and the public held 31.01%.
What were Menon Bearings’ latest quarterly results?
Ans. In the June 2026 quarter, Menon Bearings reported revenue of Rs 94.30 crore (up 37.0% year on year) and net profit of Rs 14.11 crore (up 67.4%).
