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 ₹ 23,892 Cr.
- Current Price ₹ 3,176
- High / Low ₹ 3,925 / 2,800
- Stock P/E 56.1
- Book Value ₹ 387
- Dividend Yield 0.08 %
- ROCE 19.0 %
- ROE 14.3 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 8.20 times its book value
- 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.
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 | 3,599 | |
| 2,586 | 2,846 | 2,936 | |
| Operating Profit | 611 | 632 | 663 |
| OPM % | 19% | 18% | 18% |
| 51 | 30 | 30 | |
| Interest | 4 | 4 | 3 |
| Depreciation | 85 | 106 | 117 |
| Profit before tax | 573 | 553 | 573 |
| Tax % | 19% | 25% | |
| 462 | 415 | 426 | |
| EPS in Rs | 61.45 | 55.16 | 56.65 |
| Dividend Payout % | 59% | 5% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 16% |
| 3 Years: | 0% |
| 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 | |
|---|---|---|
| Equity Capital | 75 | 75 |
| Reserves | 2,823 | 2,839 |
| 18 | 15 | |
| 571 | 770 | |
| Total Liabilities | 3,487 | 3,699 |
| 810 | 1,446 | |
| CWIP | 592 | 101 |
| Investments | 117 | 51 |
| 1,968 | 2,101 | |
| Total Assets | 3,487 | 3,699 |
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/OP | 89% | 93% |
Ratios
Consolidated Figures in Rs. Crores / 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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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- Timken India announced 39th AGM voting results, including approval of Rs. 2.50 dividend and related-party resolutions.
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Proceedings Of 39Th Annual General Meeting
- Timken India held its 39th AGM on 18 August 2026; shareholders approved Rs.2.50 dividend and other resolutions.
- Shareholder Meeting / Postal Ballot-Outcome of AGM
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- We enclose herewith copies of newspaper publications relating to Notice of Petition in the matter of Amalgamation of Timken GGB Technology Private Limited (a wholly …
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
- Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we attach herewith transcript of Post Results ....
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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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 2026TranscriptPPTREC
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May 2026TranscriptPPTREC
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Feb 2026TranscriptPPT
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Aug 2025TranscriptPPT
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Jun 2025TranscriptPPT
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Feb 2025TranscriptPPT
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Nov 2024TranscriptPPT
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Aug 2024TranscriptPPT
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May 2024TranscriptPPT
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May 2024TranscriptPPTREC
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Feb 2024TranscriptPPT
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Nov 2023TranscriptPPT
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Aug 2023TranscriptPPT
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Jun 2023TranscriptPPT
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May 2023Transcript PPT
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Dec 2022TranscriptPPT
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Jun 2022TranscriptPPT
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Jun 2016TranscriptAI SummaryPPT
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]