Is Menon Bearings the Best Stock in Its Sector? A Look at the Numbers

Menon Bearings CMP Rs 289 (01 Oct 2026). Market cap Rs 1,656 Cr. ROE 20.64%. P/E 37.70x versus Industry P/E 37.94x.

Is Menon Bearings the best stock in its sector? The stock trades on the NSE at Rs 289 as of 01 October 2026, within its 52-week range of Rs 101.50 to Rs 330.00. Menon Bearings Ltd manufactures bushings, bearings and washers for automotive and industrial customers.

Menon Bearings sits in the Automobile & Ancillaries sector, and its 20.64% ROE and 37.70x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.

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About Menon Bearings

Menon Bearings Ltd manufactures bushings, bearings and washers for automotive and industrial customers. The stock fell over 2 percent during this session on heavy volume and has roughly tripled from its 52-week low. At a market capitalisation of Rs 1,656 Cr, it is tracked as part of the Automobile & Ancillaries sector on Univest.

Is Menon Bearings the Best Stock in Its Sector?

Menon Bearings makes its case as the best stock in its sector primarily on return on equity and balance sheet strength, combining a 20.64% ROE with a 37.70x P/E against the sector’s 37.94x Industry P/E. Menon Bearings trades right at its 37.94x Industry P/E backed by a strong 20.64% ROE, though an 8.94x price to book is demanding after the stock has roughly tripled from its 52-week low.

Metric	Menon Bearings
CMP (NSE)	Rs 289.30
52-Week High / Low	Rs 330.00 / Rs 101.50
Market Cap	Rs 1,656 Cr
P/E (TTM) vs Industry P/E	37.70x vs 37.94x
P/B	8.94
ROE	20.64%
EPS (TTM)	Rs 7.84
Dividend Yield	0.68%
Debt to Equity	0.25

Compare Menon Bearings Against Other Automobile & Ancillaries Sector Stocks

How Menon Bearings Compares Against Its Automobile & Ancillaries Sector Peers

The table below sets Menon Bearings against 2 other Automobile & Ancillaries sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.

Company	Market Cap (Rs Cr)	P/E	ROE	Debt to Equity
Menon Bearings	1,656	37.70	20.64%	0.25
Mayur Uniquoters	3,194	15.42	16.93%	0.01
LG Balakrishnan and Bros	5,518	17.31	14.80%	0.09
Peer average (2 companies)	–	16.36	15.87%	0.05

Against this peer set, Menon Bearings’s 20.64% ROE is above the 15.87% peer average, and its P/E of 37.70x runs above the peer average of 16.36x. Menon Bearings trades right at its 37.94x Industry P/E backed by a strong 20.64% ROE, though an 8.94x price to book is demanding after the stock has roughly tripled from its 52-week low.

What Makes Menon Bearings Worth Watching in Automobile & Ancillaries

• Close to Industry P/E: A 37.70x P/E versus a 37.94x Industry P/E shows the stock trading right at sector norms.
• Strong ROE: A 20.64% ROE is well above most auto ancillary peers covered in this series.
• Bushings and bearings manufacturing scale: Manufacturing bushings, bearings and washers for automotive and industrial customers gives Menon Bearings a specialised component niche.

Menon Bearings Valuation: Is It Justified?

Menon Bearings trades right at its 37.94x Industry P/E backed by a strong 20.64% ROE, though an 8.94x price to book is demanding after the stock has roughly tripled from its 52-week low. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.

Also read – Is Mayur Uniquoters the Best Stock in Its Sector? A Look at the Numbers

Download the Univest iOS App or Univest Android App to track Menon Bearings and other Automobile & Ancillaries sector stocks.

How to Track Menon Bearings Before You Invest

Before deciding whether Menon Bearings deserves its label as the best stock in its sector for your own portfolio, compare it directly against Automobile & Ancillaries sector peers using the steps below.

1. Open the Univest Screener and search for Menon Bearings to view live price, valuation ratios, and peer comparisons within the Automobile & Ancillaries sector.
2. Compare its P/E, P/B, and ROE against other Automobile & Ancillaries sector stocks before deciding if the current valuation fits your strategy.
3. Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
4. Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.

Conclusion

Menon Bearings earns a place in the best stock in its sector conversation on the strength of a 20.64% ROE and a P/E of 37.70x against a 37.94x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.

Is Menon Bearings the best stock in its sector?

Ans. Menon Bearings has a 20.64% ROE and trades at 37.70x P/E against a 37.94x Industry P/E, and compares above the peer average ROE of 15.87% in this article’s named comparison, so the answer depends on what an investor is prioritising.

What is the current share price of Menon Bearings?

Ans. Menon Bearings was trading at Rs 289.30 on the NSE as of 01 October 2026, within its 52-week range of Rs 101.50 to Rs 330.00.

What sector does Menon Bearings belong to?

Ans. Menon Bearings is classified under the Automobile & Ancillaries sector on Univest.

How does Menon Bearings compare to its sector peers on P/E?

Ans. Menon Bearings’s P/E of 37.70x is above the 16.36x average of the 2 named peers compared in this article.

What is Menon Bearings’s return on equity?

Ans. Menon Bearings reported a return on equity of 20.64%, which is above the 15.87% average of its named peers in this comparison.

Should I invest in Menon Bearings based on its sector position?

Ans. Menon Bearings’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.

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