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Menon Bearings Appoints Arun Aradhye as MD and Chandrakant Ghatge as CFO Following MD Resignation
Menon Bearings Limited has announced a leadership transition as long-standing Managing Director Mr. R.D. Dixit (82) resigns after 33 years in the role due to advanced age. The Board has appointed Mr. Arun Aradhye, the current CFO and Whole Time Director with over 15 years at the firm, as the new MD for a 5-year term. Additionally, Mr. Chandrakant Ghatge, who has 35 years of financial experience, has been named the new Chief Financial Officer. This internal succession plan aims to maintain operational continuity following the retirement of a veteran leader.
Key Highlights
Outgoing MD Mr. R.D. Dixit steps down at age 82 after 33 years of leadership and 59 years with the group.
Mr. Arun Aradhye (69) appointed as Managing Director for a 5-year term effective March 4, 2026.
Mr. Chandrakant Ghatge appointed as CFO, bringing over 35 years of experience in financial management.
The transition is entirely internal, with the new MD having served as CFO and WTD since 2019.
💼 Action for Investors
Investors should view this as a planned succession that minimizes leadership risk by promoting internal veterans. Monitor the company's performance over the next few quarters to ensure a smooth transition under the new MD.
Menon Bearings Appoints Arun Aradhye as MD and Chandrakant Ghatge as CFO Effective March 2026
Menon Bearings has announced a major leadership transition as long-standing Managing Director R. D. Dixit, aged 82, resigns after 33 years in the role. The Board has appointed Arun Aradhye, the current CFO and a 15-year veteran of the company, as the new Managing Director for a 5-year term effective March 4, 2026. Simultaneously, Chandrakant Ghatge, who has 35 years of financial experience, will take over as the Chief Financial Officer. This transition appears to be a planned internal succession aimed at maintaining operational continuity.
Key Highlights
R. D. Dixit (82) resigns as Managing Director effective March 3, 2026, after 33 years of leadership.
Arun Aradhye (69) promoted from CFO to Managing Director for a 5-year term starting March 4, 2026.
Chandrakant Ghatge appointed as the new CFO, bringing over 35 years of experience in financial management.
The leadership changes are entirely internal, with both new appointees having prior tenure at the company.
The transition follows a Board meeting held on March 3, 2026, ensuring a structured handover.
💼 Action for Investors
Investors should view this as a stable, planned succession given the internal nature of the appointments. Monitor the company's performance over the next few quarters to ensure a seamless transition under the new Managing Director.
Menon Bearings Appoints Arun Aradhye as MD; R.D. Dixit Resigns After 33 Years
Menon Bearings has announced a significant leadership transition as long-standing Managing Director Mr. R. D. Dixit resigns effective March 3, 2026, citing his advanced age of 82. Mr. Arun Aradhye, the current CFO and Whole Time Director with over 15 years at the company, has been appointed as the new MD for a 5-year term starting March 4, 2026. Additionally, Mr. Chandrakant Ghatge, who has 35 years of financial experience, will take over as the Chief Financial Officer. This transition appears well-planned, promoting internal veterans to maintain operational continuity.
Key Highlights
Mr. R. D. Dixit resigns as MD after 33 years in the role and nearly 60 years with the Menon Group.
Mr. Arun Aradhye (69) appointed as Managing Director for a 5-year term effective March 4, 2026.
Mr. Chandrakant Ghatge appointed as the new Chief Financial Officer (CFO) starting March 4, 2026.
New MD Arun Aradhye brings over 50 years of extensive experience in finance, production, and administration.
Outgoing MD Mr. Dixit cited his age of 82 as the primary reason for stepping down to ensure organizational efficiency.
💼 Action for Investors
This is a planned succession involving internal veterans, which typically minimizes operational disruption. Investors should maintain their positions while monitoring the new leadership's execution of the company's long-term strategy.
Menon Bearings Appoints Arun Aradhye as MD; R.D. Dixit Resigns After 33 Years
Menon Bearings has announced a significant leadership transition as Managing Director Mr. R. D. Dixit resigns effective March 3, 2026, after 33 years of service, citing his age of 82 years. The board has appointed Mr. Arun Aradhye, the current CFO and Whole Time Director with over 50 years of experience, as the new Managing Director for a 5-year term. Concurrently, Mr. Chandrakant Ghatge, who brings 35 years of financial management experience, has been appointed as the new Chief Financial Officer. This internal succession plan aims to maintain operational continuity and stability within the organization.
Key Highlights
Mr. R. D. Dixit resigns as Managing Director after 33 years of leadership due to advanced age (82 years).
Mr. Arun Aradhye appointed as Managing Director for a 5-year term effective March 4, 2026.
Mr. Chandrakant Ghatge appointed as Chief Financial Officer (CFO) effective March 4, 2026.
New MD Arun Aradhye has over 50 years of experience and has been with the company for 15 years.
New CFO Chandrakant Ghatge has over 35 years of experience in financial management and taxation.
💼 Action for Investors
Investors should view this as a planned succession move that favors internal continuity over external disruption. Monitor the company's performance under the new MD to ensure the long-term growth trajectory remains intact.
Menon Bearings Appoints Arun Aradhye as MD; R.D. Dixit Resigns After 33 Years
Menon Bearings Limited has announced a major leadership transition as Mr. R. D. Dixit resigns from the post of Managing Director at age 82, after serving the company since its inception in 1993. To ensure continuity, the board has appointed Mr. Arun Aradhye, the current CFO and Whole Time Director with 15 years of experience at the firm, as the new MD for a five-year term. Simultaneously, Mr. Chandrakant Ghatge, who has been with the company since 2020 and possesses 35 years of financial experience, has been appointed as the new Chief Financial Officer. These changes are effective from March 4, 2026, and represent a planned internal succession strategy.
Key Highlights
Mr. R. D. Dixit resigned as Managing Director effective March 3, 2026, after 33 years of leadership since 1993.
Mr. Arun Aradhye appointed as Managing Director for a 5-year term starting March 4, 2026.
Mr. Chandrakant Ghatge appointed as Chief Financial Officer (CFO) effective March 4, 2026.
Incoming MD Arun Aradhye has over 50 years of total experience and has been with Menon Bearings for 15 years.
New CFO Chandrakant Ghatge brings over 35 years of experience in financial management and taxation.
💼 Action for Investors
Investors should monitor the transition, though the internal nature of the appointments suggests a focus on stability and continuity. No immediate action is required as the succession appears well-planned and involves long-term company veterans.
Menon Bearings Q3 PAT Surges 69% to ₹9.3 Cr; Revenue Up 32% YoY
Menon Bearings reported a robust Q3 FY26 with consolidated revenue growing 32% YoY to ₹76.9 crores and PAT jumping 69% to ₹9.3 crores. The growth was primarily driven by strong export performance, which now accounts for 36% of revenue, and improved capacity utilization. Management is strategically shifting export terms to 'Ex-works India' to mitigate tariff risks and drastically reduce the payment cycle from 180 days to 30 days. Additionally, a newly completed 3.8 MW solar project is expected to save ₹2.25 crores in annual electricity costs.
Key Highlights
Q3 FY26 PAT increased 69% YoY to ₹9.3 crores with EPS rising to ₹1.65 from ₹0.98.
Export business bolstered by Allison Transmission, contributing over ₹2.5 crores in monthly revenue.
Strategic shift to Ex-works export terms aimed at reducing interest costs and inventory turnover time.
Brakes division currently generating ₹1 crore monthly with a potential new ₹1 crore/month OEM contract pending.
Completed 3.8 MW solar installation to curtail annual electricity expenses by ₹2.25 crores.
💼 Action for Investors
Investors should view the strong profit growth and strategic shift toward shorter working capital cycles as highly positive. Monitor the company's ability to implement monthly price revisions with customers to offset rising copper and steel costs.
Menon Bearings Reports Record Q3 FY26: PAT Jumps 69% YoY to ₹9.25 Cr
Menon Bearings achieved its highest-ever quarterly performance in Q3 FY26, with revenue growing 31.9% YoY to ₹78.54 crore. Net profit surged by 69.2% YoY to ₹9.25 crore, driven by EBITDA margin expansion to 20.49%. The company is aggressively expanding capacities across its Bi-metal and Alkop divisions, with a ₹19.55 crore capex already deployed in FY25. Strategic entry into the EV segment for luxury brands like Porsche and a target to increase exports to 40% of revenue by FY27 provide a strong growth outlook.
Key Highlights
Highest-ever quarterly Revenue of ₹78.54 Cr (up 31.9% YoY) and PAT of ₹9.25 Cr (up 69.2% YoY).
EBITDA margins improved significantly to 20.49% in Q3 FY26 compared to 18.30% in the previous year.
Bi-metal production capacity is being scaled to 550 lakh units by FY26, a 13% increase from FY25.
Entering the EV segment with component supplies for Porsche, targeting 8-10% of Alkop revenue by FY27.
Export revenue share is projected to rise from the current 30% to 40% by FY27.
💼 Action for Investors
The record-breaking performance and strategic shift towards EV components and high-margin exports suggest strong momentum. Investors should monitor the execution of capacity expansions and the ramp-up of the new EV-related business.
Menon Bearings Approves Q3 FY26 Standalone and Consolidated Financial Results
Menon Bearings Limited has approved its un-audited financial results for the quarter and nine months ended December 31, 2025. The board meeting, held on January 15, 2026, confirmed both standalone and consolidated figures prepared under IND-AS standards. Statutory auditors have completed a limited review of these results, ensuring regulatory compliance. Investors should now examine the detailed profit and loss statements in the full report to assess year-on-year growth and margin stability.
Key Highlights
Board approved un-audited standalone and consolidated results for the period ended December 31, 2025.
Financials are prepared in accordance with Indian Accounting Standards (IND-AS).
Statutory auditors provided Limited Review Reports for the quarter and nine-month period.
The board meeting was conducted on January 15, 2026, between 11:00 A.M. and 12:10 P.M.
Submission made in compliance with Regulations 30 and 33 of SEBI LODR.
💼 Action for Investors
Investors should review the detailed financial annexures to compare net profit and revenue growth against the same quarter last year. Monitor the company's operating margins for any impact from raw material price fluctuations.
Menon Bearings Approves Q3 FY26 Financial Results
Menon Bearings Limited's Board of Directors met on January 15, 2026, to approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The meeting, which lasted approximately 70 minutes, confirmed compliance with Indian Accounting Standards (IND-AS). While the specific profit and revenue figures were not detailed in the cover letter, the company has submitted the full results and Limited Review Reports to the exchanges. This announcement marks the official release of the company's performance metrics for the third quarter of the 2025-26 fiscal year.
Key Highlights
Board approved Un-Audited Standalone and Consolidated Financial Results for the quarter ended December 31, 2025.
Financials were prepared in accordance with Indian Accounting Standards (IND-AS) as per SEBI regulations.
Statutory Auditors have completed a Limited Review of the financial results for the nine-month period.
The board meeting commenced at 11:00 A.M. and concluded at 12:10 P.M. on January 15, 2026.
💼 Action for Investors
Investors should review the detailed Annexure I filings to analyze the specific revenue growth and margin trends for Q3 FY26. Compare these results against historical performance and industry peers to assess the company's current valuation.