Menon Bearings Declares ₹2 Interim Dividend for FY 2026-27

The auto component manufacturer maintains its dividend streak as part of its latest quarterly financial update for shareholders.

KOLHAPUR — Menon Bearings Limited has officially declared an interim dividend of ₹2.00 per equity share for the financial year 2026-27, the company announced following its board meeting on Thursday, July 16, 2026.

The dividend, which represents a 200% payout on the face value of ₹1 per share, was approved alongside the company's unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.

Dividend Schedule and Eligibility

To determine the shareholders eligible for this payout, the Board of Directors has fixed Wednesday, July 22, 2026, as the "Record Date". Shareholders who hold shares of Menon Bearings as of the close of business on this date will be entitled to receive the dividend.

According to the official filing, the company plans to credit or dispatch the dividend payments to eligible shareholders between Monday, July 27, 2026, and Tuesday, August 4, 2026.

Financial Context

The declaration of the interim dividend comes as Menon Bearings continues to demonstrate robust financial performance. The company’s recent filings show significant year-on-year growth, with consolidated net profit for the March 2026 quarter rising by over 108% compared to the previous year. The consistent dividend policy underscores the company’s focus on providing value to its investors while maintaining liquidity for its manufacturing operations in Kolhapur.

Why It Matters

For investors, the regular interim dividend serves as a signal of the company's stable cash flow and commitment to shareholder returns. As Menon Bearings continues to expand its footprint in the automotive and industrial components sector, this payout aligns with its historical trend of distributing interim dividends during the first quarter of each fiscal year.

Key Facts at a Glance

• Dividend Amount: ₹2.00 per equity share (200% of face value).

• Record Date: Wednesday, July 22, 2026.

• Payment Window: July 27, 2026, to August 4, 2026.

• Fiscal Year: The dividend is declared for the financial year 2026-27.

FAQ

1. Who is eligible to receive the dividend?

Shareholders who own Menon Bearings equity shares as of the record date, July 22, 2026, are eligible for the payment.

2. What is the face value of the shares?

The face value of each equity share is ₹1.

3. When will the dividend be paid?

The company will dispatch or credit the payments to shareholders between July 27, 2026, and August 4, 2026.

4. Where can I find the official announcement?

The announcement is available through regulatory filings on the official websites of the BSE and NSE.

Official Sources

• BSE Limited (Scrip Code: 523828)

• National Stock Exchange of India (Symbol: MENONBE)