Timken India Ltd logo

Timken India Ltd

TIMKEN NSE

Key Fundamentals

SmallcapAbrasives & BearingsIndustrial Products
Market Cap
₹24,852 Cr
Volatility
Moderate
P/E Ratio
60.64
EBITDA
₹662 Cr
Return on Equity
14.23%
Debt to Equity
0.01
Book Value
₹387.48
EPS
₹52.95
52W High
₹3,925
52W Low
₹2,800.5

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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35 extracted metrics + investor summaries across FY13–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

2
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 23.4%

Weaknesses

2
  • Stock is trading at 8.32 times its book value
  • Promoter holding has decreased over last 3 years: -6.65%

Growth Rate

Revenue Growth
8.00% ↗
Net Income Growth
-10.23% ↗
Cash Flow Change
11.77% ↗
ROE
-10.78% ↗
ROCE
-4.73% ↗
EBITDA Margin (Avg.)
-7.41% ↗

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 2d ago
AI opinion · based on fundamentals
Risk medium

Timken India Ltd is a nearly debt-free industrials company with a market cap of ₹24,435 Cr trading at a PE of 57.5x and 8.41x book value. While 5-year sales CAGR stands at a healthy 19%, TTM profit growth has turned negative at -10%, and ROE has moderated from 18% (5-year average) to 14% in the last year.

Bull Case 7
  • Company is almost debt-free, providing financial flexibility and resilience through economic cycles
  • 5-year compounded sales growth of 19% demonstrates strong revenue expansion over the medium term
  • 5-year compounded profit growth of 23% shows historically robust earnings power
  • 10-year stock CAGR of 19% indicates sustained long-term wealth creation for shareholders
  • TTM revenue growth of 12% shows continued top-line momentum in the current period
  • Consistent dividend payout ratio of 23.4% reflects disciplined capital allocation and shareholder returns
  • 10-year ROE average of 16% demonstrates the company's ability to generate reasonable returns on equity capital over extended periods
Bear Case 8
  • PE ratio of 57.5x is significantly elevated relative to broader market and industrial sector averages, leaving limited margin of safety
  • TTM profit growth has turned negative at -10%, signaling earnings pressure in the current period
  • Stock trades at 8.41x book value, indicating premium valuation that requires sustained high growth to justify
  • ROE has declined from 18% (5-year average) to 14% in the last year, suggesting deteriorating return efficiency
  • Promoter holding has decreased by 6.65% over the last 3 years, which may signal reduced promoter confidence
  • 3-year stock CAGR of just 1% indicates the stock has largely stagnated over the medium term despite underlying business growth
  • 3-year compounded profit growth of only 1% suggests earnings have plateaued after earlier rapid expansion
  • Dividend yield of just 0.08% offers negligible income return for investors at current price levels

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 19h ago
Headwinds 2
  • Timken cuts FY26 EPS guidance Aug 4

    Timken lowers FY2026 GAAP EPS guidance to $3.75-$4.05 from $4.70-$5.20, missing the $5.25 analyst estimate significantly. This signals margin pressure at the parent level.

  • PAT decline despite record revenue Jul 21

    Timken India's FY 2025-26 PAT declined to ₹3,983 million despite record revenue of ₹34,193 million, pressured by higher costs and Bharuch plant ramp-up expenses.

Positives 5
  • Q1FY26 profit up 10% YoY Aug 4

    Timken India reported 10.5% YoY rise in standalone net profit to ₹1,151.30 million for Q1FY26, with revenue growth of 14.9% to ₹9,290.85 million.

  • FY26 sales guidance beats estimates Aug 4

    Timken projects FY2026 sales of $4.833 billion, surpassing the $4.821 billion analyst consensus estimate.

  • NCLT approves amalgamation first motion Jul 25

    NCLT approved the first motion of Timken India's amalgamation with subsidiary Timken GGB Technology Private Limited on July 24, 2026, streamlining corporate structure.

  • New CCO and COO appointed Jul 31

    Timken names Tim Graham as EVP & CCO and Steve Ribaudo as EVP & COO effective Sept. 1, to advance its Elevate to Outperform strategy.

  • Oppenheimer raises price target Jul 21

    Oppenheimer analyst Bryan Blair maintains Outperform rating on Timken and raises price target to $150 from $147.

Neutral 3
  • Q1FY27 results and earnings call Aug 6

    Timken India announced unaudited Q1FY27 results (board approved Aug 4, 2026) and held post-results conference call on August 5, 2026.

  • ₹63.43 crore block trade on BSE Jul 23

    A block trade of ~206,938 shares worth ₹63.43 crore was executed at ₹3,065 per share, indicating substantial institutional-level activity.

  • Record revenue in FY 2025-26 Jul 21

    Timken India posted all-time high standalone revenue of ₹34,193 million in FY 2025-26, up 8.6% YoY, though profitability was impacted by ramp-up costs.

TL;DR: Timken India is delivering strong revenue growth with Q1FY26 profit up 10.5% YoY and record FY26 revenue, supported by subsidiary amalgamation progress and leadership changes at the parent. Key risks include a sharp EPS guidance cut at the parent company and margin compression from Bharuch ramp-up costs weighing on PAT. The revenue trajectory is improving but profitability needs to catch up as capacity investments mature over the next few quarters.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
718
682
612
898
784
753
671
940
809
773
764
1,073
929
Expenses
582
546
510
699
643
620
565
730
666
635
669
838
757
Operating Profit
136
136
102
199
141
133
107
210
142
138
96
235
172
OPM %
19%
20%
17%
22%
18%
18%
16%
22%
18%
18%
13%
22%
19%
Other Income
9
10
11
11
12
12
13
14
10
10
6
3
10
Interest
1
1
1
1
1
1
1
1
1
1
1
1
1
Depreciation
21
21
21
22
22
21
21
21
21
27
29
30
31
PBT
123
124
91
187
130
124
98
202
130
121
72
207
150
Tax %
27%
25%
26%
24%
26%
27%
24%
7%
20%
26%
31%
25%
23%
Net Profit
90
93
68
141
96
90
74
187
104
89
50
155
115
EPS in Rs
11.98
12.37
8.98
18.8
12.8
11.96
9.88
24.84
13.86
11.89
6.63
20.58
15.31
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
926
1,042
1,056
1,233
1,664
1,618
1,411
2,203
2,807
2,910
3,148
3,419
3,540
Expenses
792
880
898
1,070
1,375
1,254
1,159
1,692
2,246
2,337
2,556
2,807
2,898
Operating Profit
134
162
158
163
289
363
252
511
560
572
592
612
642
OPM %
14%
16%
15%
13%
17%
22%
18%
23%
20%
20%
19%
18%
18%
Other Income
6
3
10
21
16
23
20
14
53
41
50
28
28
Interest
1
1
1
1
2
3
1
2
3
4
4
4
3
Depreciation
17
22
29
43
79
77
75
84
87
85
85
106
116
PBT
122
142
138
140
224
306
195
438
524
524
553
530
550
Tax %
34%
35%
30%
34%
34%
20%
27%
25%
25%
25%
19%
25%
—
Net Profit
81
92
97
92
149
246
143
327
391
392
447
398
409
EPS in Rs
11.87
13.5
14.29
13.53
19.76
32.72
19.04
43.49
51.95
52.13
59.48
52.96
54.41
Div. Payout %
25%
7%
7%
7%
5%
153%
8%
3%
3%
5%
61%
5%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
68
68
68
68
75
75
75
75
75
75
75
75
Reserves
370
462
550
634
1,266
1,501
1,268
1,582
1,962
2,342
2,770
2,898
Borrowings
3
4
8
16
23
24
35
32
31
25
17
15
Other Liabilities
144
168
251
261
411
377
510
505
489
545
564
763
Total Liabilities
585
702
877
979
1,775
1,977
1,888
2,194
2,557
2,988
3,425
3,751
Fixed Assets
107
137
231
251
795
748
818
860
843
853
809
1,446
CWIP
27
21
58
54
64
157
97
50
53
104
592
101
Investments
17
38
91
55
176
13
0
99
236
161
117
180
Other Assets
435
506
498
619
741
1,060
973
1,185
1,424
1,870
1,908
2,025
Total Assets
585
702
877
979
1,775
1,977
1,888
2,194
2,557
2,988
3,425
3,751
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
42
101
164
39
249
357
189
33
341
340
387
437
Investing
-23
-67
-126
-64
-106
-110
-67
-75
-45
-228
-337
-402
Financing
-26
1
-5
-2
-23
-17
-379
-15
-15
-17
-27
-279
Net Cash Flow
-7
36
34
-27
119
230
-257
-57
281
94
23
-243
Free Cash Flow
16
35
34
-32
131
237
111
-47
280
81
14
140
CFO/OP
65
94
129
47
112
121
93
29
88
82
89
94
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
69
68
66
66
66
66
96
89
75
82
81
85
Inventory Days
110
108
111
121
125
124
171
171
125
142
124
136
Days Payable
57
65
92
97
92
91
156
100
76
82
76
105
Cash Conversion Cycle
122
110
85
90
99
99
112
160
124
142
129
116
Working Capital Days
98
91
70
96
80
74
86
117
102
111
107
110
ROCE %
30%
30%
24%
21%
22%
21%
13%
29%
28%
23%
21%
18%

Shareholding Pattern

As of Jun 2026
Promoters 51.05%
DIIs 30.28%
Public 8.31%
FIIs 7.32%
Others 3.04%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
67.80%
67.80%
67.80%
67.80%
67.80%
67.80%
67.80%
67.80%
67.80%
57.70%
57.70%
57.70%
57.70%
51.05%
51.05%
51.05%
51.05%
51.05%
51.05%
51.05%
51.05%
51.05%
FIIs
0.01%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
7.13%
7.20%
12.53%
13.13%
12.96%
10.68%
9.44%
7.38%
6.94%
6.96%
7.32%
DIIs
11.22%
12.22%
13.10%
13.67%
12.88%
12.47%
12.02%
12.14%
12.20%
19.11%
18.38%
22.57%
23.64%
25.73%
24.95%
24.94%
26.81%
27.69%
29.73%
30.16%
30.63%
30.28%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
9.66%
9.55%
9.50%
9.53%
9.18%
9.22%
9.27%
9.25%
9.30%
9.81%
9.25%
8.70%
8.12%
7.98%
8.09%
8.19%
8.59%
8.88%
8.88%
8.79%
8.41%
8.31%
Others
11.31%
10.42%
9.59%
9.00%
10.14%
10.51%
10.91%
10.80%
10.70%
13.39%
14.67%
3.90%
3.35%
2.71%
2.77%
2.85%
2.88%
2.95%
2.96%
3.06%
2.94%
3.04%
No. of Shareholders
48,361
49,366
50,191
53,619
55,480
59,564
67,509
68,785
66,652
74,339
73,429
70,040
62,838
66,162
69,093
71,438
76,270
77,827
76,566
74,637
71,023
69,808

Documents

Frequently Asked Questions about Timken India Ltd

What does Timken India Ltd do?
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 se...
Where is Timken India Ltd (TIMKEN) listed?
Timken India Ltd is listed on the Indian stock exchanges. It is listed on NSE: TIMKEN and BSE: 522113. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Timken India Ltd belong to?
Timken India Ltd operates in the Industrials sector within the Industrial Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Timken India Ltd?
Timken India Ltd has a market capitalisation of approximately ₹24851.52 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Timken India Ltd?
The Price-to-Earnings (PE) ratio of Timken India Ltd is 60.64. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Timken India Ltd?
Over the past 52 weeks, Timken India Ltd has traded between a low of ₹2,800.5 and a high of ₹3,925. This range helps investors understand the stock's price volatility and recent trading levels.
Does Timken India Ltd pay dividends?
Yes, Timken India Ltd has a dividend yield of 0.08%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Timken India Ltd?
Timken India Ltd has a Return on Equity (ROE) of 14.23%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Timken India Ltd on Tapetide?
On Tapetide, you can view Timken India Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

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]

Website timken.com
CEO Mr. Sanjay Koul
Employees 1,282
Listed 2007-02-06
Face Value ₹ 10
Issued Size 7,52,18,734

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