Equity, Bottom-up Analyst, Investics Research

Sameer Taneja

A buy-side analyst with over 18 years of experience investing in Asian markets and specializing in the mid-small cap space, emphasizing value investing in companies with good free cash flows/dividends and long-term holding horizons. 
Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd. It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity, Bottom-up Analyst

India Small And Micro Cap Compounders: High ROCE, Profitable Growth, Outsized Shareholder Returns

Menon Bearings (MEN IN): Quality Company Inflection In Earnings To FY28, CAGR >25% FY26-28

Investics Research

It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity Bottom-up Research

Equity Bottom-Up

<ul>
<li>Q1 FY27 delivered record revenue of Rs. 94.0 Cr, up 37% year on year, with Bi-Metal up 40% and margins holding through a raw material and freight squeeze.</li>
<li>Capacity is already in place for roughly Rs. 500 Cr in revenue, so incremental growth requires modular machining spend rather than a fresh capex cycle.</li>
<li>Stock trades at 25.1x FY27E and 17.8x FY28E earnings, and we believe it can be a multi-year compounder. </li>
</ul>


Q1 FY27 delivered record revenue of Rs. 94.0 Cr, up 37% year on year, with Bi-Metal up 40% and margins holding through a raw material and freight squeeze.
Capacity is already in place for roughly Rs. 500 Cr in revenue, so incremental growth requires modular machining spend rather than a fresh capex cycle.
Stock trades at 25.1x FY27E and 17.8x FY28E earnings, and we believe it can be a multi-year compounder. 


Menon Bearings Limited (MEN IN) Q1 FY27 Results: Record Quarter And Conservative Guidance