| Revenue growth | ₹969 Cr, +25.4% YoY, driven by strong exports. |
|---|---|
| Margins | EBITDA at 19.2%; pressured by mix and input cost inflation. |
| Order book | Rail orders recovering via interim wagon builder placements. |
| Demand visibility | Solid domestic demand; export momentum expected to remain healthy. |
| Management confidence | Balanced; optimistic on domestic demand despite global geopolitical headwinds. |
Growth
Revenue grew to ₹969 Cr; exports surged 60% YoY, now comprising 27% of the total mix.
Outlook
Bharuch facility SRB lines reached 70% utilization; rail expansion and Bharuch plane bearings on track for FY27.
Risks
Unfavorable mix due to delayed rail tenders and 130bps rise in raw material costs impact margins.
Last quarter's promises, checked
Delivered
- Bharuch SRB utilization 40-45% → ramp to 70% by Aug-Sep 2026 → 70% SRB lines reached (= BEAT)
Partly delivered
- FY27 capex 8-10% of sales → only Jamshedpur ₹120 Cr 'on target'; total capex not disclosed (= PARTIAL)
- Rail plant commercial output by CY-end 2026 → 'on track for FY27', no date update (= PARTIAL)
- Bharuch GGB plain bearings 'on track' → 'on track for FY27', no milestone given (= PARTIAL)
Missed
- Indian rail tenders due ~2 months after Jun-26 → still delayed; Rail -16% of mix (= MISS)
Earnings Call Transcript filed with NSE, NSE: TIMKEN. Summary written with AI assistance from the document.
Timken India Ltd: key numbers
- Share price
- ₹2,852.00
- Market cap
- ₹21,452 Cr
- Revenue (annual)
- ₹3,478 Cr
- Net profit (annual)
- ₹414.9 Cr
- P/E (TTM)
- 47.3×Sector 52.8×
- Promoter holding
- 51.05%+0.00% QoQ
- FII holding
- 6.91%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Timken India Ltd
All →Timken India Business Update
Timken India received two BIS licences for roller bearings at its Bharuch plants. The licences enable certified supply to regulated sectors, with no financial value disclosed.
Timken India Q2 FY27 Results: Net Profit ₹120.9 Cr, Up 29.2% YoY
Timken India Ltd reported revenue from operations of ₹986 Cr (+25.4% YoY) and net profit of ₹120.9 Cr (+29.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹120.9 Cr · +29.2% YoY
Timken India Other Announcement
Timken India Ltd filed its quarterly shareholding pattern as per SEBI regulations. This routine disclosure details the company's shareholding structure for the quarter ending September 2026.
Timken India Management Change
Timken India announced the appointment of Mr. Pramesh Maheshwari as President of India and Southeast Asia and promoted Mr. Anubhav Khajuria as General Manager - HR.
Timken India Board Meeting Date
Timken India Ltd. has scheduled a Board meeting for 29 October 2026. The meeting will consider and approve quarterly and half-year financial results.
Timken India Annual General Meeting
Timken India Ltd held its 39th Annual General Meeting on August 18, 2026. The meeting covered financial statements, dividend declaration, and related-party transactions.