Timken India Ltd
Timken India Ltd is engaged in the manufacturing, distribution and sale of anti-friction bearings, components, accessories and mechanical power transmission products for the customer base across different sectors. It also provided maintenance contracts and refurbishment services and industrial services.
It was incorporated in 1987 and is a part of the global Timken Group.[1][2]
- Market Cap ₹ 21,481 Cr.
- Current Price ₹ 2,856
- High / Low ₹ 3,925 / 2,686
- Stock P/E 47.4
- Book Value ₹ 417
- Dividend Yield 0.09 %
- ROCE 19.0 %
- ROE 14.3 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Promoter holding has decreased over last 3 years: -6.65%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Abrasives & Bearings
Part of BSE 500 BSE Capital Goods Nifty 500 Nifty MNC BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|
| 3,197 | 3,478 | 3,799 | |
| 2,586 | 2,846 | 3,094 | |
| Operating Profit | 611 | 632 | 704 |
| OPM % | 19% | 18% | 19% |
| 51 | 30 | 27 | |
| Interest | 4 | 4 | 4 |
| Depreciation | 85 | 106 | 119 |
| Profit before tax | 573 | 553 | 609 |
| Tax % | 19% | 25% | |
| 462 | 415 | 453 | |
| EPS in Rs | 61.45 | 55.16 | 60.28 |
| Dividend Payout % | 59% | 5% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 10% |
| 3 Years: | -1% |
| 1 Year: | -7% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|
| Equity Capital | 75 | 75 | 75 |
| Reserves | 2,823 | 2,839 | 3,060 |
| 18 | 15 | 14 | |
| 571 | 770 | 773 | |
| Total Liabilities | 3,487 | 3,699 | 3,921 |
| 810 | 1,446 | 1,450 | |
| CWIP | 592 | 101 | 192 |
| Investments | 117 | 51 | 201 |
| 1,968 | 2,101 | 2,078 | |
| Total Assets | 3,487 | 3,699 | 3,921 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 399 | 446 | |
| -336 | -400 | |
| -28 | -279 | |
| Net Cash Flow | 35 | -234 |
| Free Cash Flow | 25 | 149 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 89% | 93% |
Ratios
Consolidated / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor Days | 81 | 85 |
| Inventory Days | 124 | 135 |
| Days Payable | 77 | 105 |
| Cash Conversion Cycle | 128 | 116 |
| Working Capital Days | 107 | 110 |
| ROCE % | 19% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Distribution (Aftermarket) segment revenue mix % of total revenue ・Standalone data |
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| Export (Intercompany) segment revenue mix % of total revenue ・Standalone data |
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| Mobile (CV/Tractor) segment revenue mix % of total revenue ・Standalone data |
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| Process Industry (Stationary equipment) segment revenue mix % of total revenue ・Standalone data |
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| Rail segment revenue mix % of total revenue ・Standalone data |
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| Locally manufactured share of revenue % of total revenue ・Standalone data |
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| MILLTEC service sites in steel industry count ・Standalone data |
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| Bharuch new plant (SRB/CRB) revenue ramp-up INR crores ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Financial Results (Standalone And Consolidated) For The Quarter And Half Year Ended 30 September, 2026.
- Timken India approved Q2 FY27 standalone and consolidated results; standalone PAT ₹1,160.64 million, consolidated PAT ₹1,208.95 million.
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Board Meeting Outcome for Outcome Of The Board Meeting Held On 29 October, 2026
- Board approved Q2 FY2026-27 standalone and consolidated results; PAT rose, limited review unmodified.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we write to inform you about schedule of conference ....
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Announcement under Regulation 30 (LODR)-Change in Management
- Timken India appoints Pramesh Maheshwari President India and Southeast Asia; Anubhav Khajuria promoted GM-HR on 12 Oct 2026.
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Board Meeting Intimation for Prior Intimation - Board Meeting Date
- Board meeting on 29 October 2026 to consider Q2 and half-year results for 30 September 2026.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
from bse
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Annual Report 2013
from nse
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Annual Report 2013
from bse
Concalls
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Aug 2026Transcript REC
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May 2026Transcript REC
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Feb 2026Transcript
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Aug 2025Transcript
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Jun 2025Transcript
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Feb 2025Transcript
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Nov 2024Transcript
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Aug 2024Transcript
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May 2024Transcript
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May 2024Transcript REC
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Feb 2024Transcript
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Nov 2023Transcript
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Aug 2023Transcript
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Jun 2023Transcript
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May 2023Transcript PPT
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Dec 2022Transcript
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Jun 2022Transcript
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Jun 2016PPT
History
Timken India Limited was incorporated in 1987 as Tata Timken Limited, a JV between Tata Iron and Steel Company and The Timken Company. It commenced commercial production at its Jamshedpur plant in March 1992. TISCO and TIMKEN each held a 40% equity stake in the company, and the public held the rest.
In 1999, Timken acquired from Tata Steel its 40% stake in Tata Timken Limited. The name of the Company was changed to Timken India Limited on July 2, 1999.[1]