Timken India Ltd.
NSE: TIMKEN · Abrasives & Bearings · sector
₹2,759.50NSE close 2026-10-26
Key numbers
Market cap₹20,757 cr
Price₹2,759.50
52w high / low₹3,925 / ₹2,760
P/E49.2xSector median 51.8x
P/B7.1xSector median 6.3x
Book value₹387.5
Dividend yield1.30%Sector median 0.75%
ROE14.7%Sector median 11.2%
ROCE19.6%Sector median 11.2%
OPM18.4%Sector median 9.5%
Debt / equity0.00xSector median 0.01x
EV/EBITDA31.0xSector median 40.0x
Interest cover171.7x
Current ratio2.97x
Sales growth 3y+7.4%Sector median +3.9%
Profit growth 3y+2.0%Sector median -22.2%
PEG24.37x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 7 companies in Abrasives & Bearings (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹326 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 171.7x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 4 of the last 5 years (FY25, FY24, FY23, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 7% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹2,759.50 on 2026-10-26: -29.7% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹3,827.30 · low ₹2,270.45
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 753 | 671 | 940 | 809 | 773 | 780 | 1,090 | 943 |
| EBITDA | 133 | 107 | 210 | 142 | 138 | 101 | 242 | 178 |
| OPM % | 17.7% | 15.9% | 22.3% | 17.6% | 17.9% | 12.9% | 22.2% | 18.8% |
| Other income | 12 | 13 | 14 | 10 | 10 | 7 | 1 | 11 |
| Net profit | 90 | 74 | 187 | 104 | 89 | 55 | 158 | 120 |
| EPS (₹) | 11.96 | 9.88 | 24.84 | 13.86 | 11.89 | 7.25 | 21.05 | 15.91 |
| Revenue YoY | +2.7% | +16.1% | +16.0% | +16.6% | ||||
| Profit YoY | -0.5% | -26.6% | -15.3% | +14.8% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 2,203 | 2,807 | 2,910 | 3,148 | 3,478 | 3,586 |
| EBITDA | 511 | 560 | 572 | 592 | 632 | 659 |
| Net profit | 327 | 391 | 392 | 447 | 415 | 422 |
| EPS (₹) | 43.49 | 51.95 | 52.13 | 59.48 | 55.16 | 56.10 |
| Revenue growth | +27.4% | +3.7% | +8.2% | +10.5% | +13.0% | |
| Profit growth | +19.5% | +0.4% | +14.1% | -7.3% | -7.3% | |
| Dividend / share (₹) | 1.50 | 1.50 | 1.50 | 2.50 | 36.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +7.4% | +19.8% | +13.0% |
| Net profit | +2.0% | +23.7% | -7.3% |
| EPS | +2.0% | +23.7% | – |
| Share price | – | -12.5% (2y) | -5.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 2,037 | 2,417 | 2,845 | 2,915 |
| Borrowings | – | 29 | 6 | 0 | 0 |
| Cash & equivalents | – | 398 | 492 | 515 | 326 |
| Total assets | – | 2,557 | 2,988 | 3,425 | 3,700 |
| Fixed assets | – | 602 | 617 | 577 | 1,220 |
| Capital work in progress | – | 53 | 104 | 592 | 101 |
| Investments | – | 0 | 0 | 0 | 1 |
| Receivables | – | 576 | 652 | 700 | 811 |
| Inventory | – | 569 | 667 | 645 | 788 |
| Payables | – | 344 | 386 | 397 | 610 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 33 | 341 | 340 | 387 | 446 |
| Cash from investing | -76 | -47 | -228 | -338 | -402 |
| Cash from financing | -15 | -15 | -17 | -27 | -279 |
| Capex | 80 | 62 | 262 | 378 | 297 |
| Free cash flow | -47 | 279 | 78 | 10 | 148 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 19.2% | 16.2% | 15.7% | 14.2% |
| ROCE % | – | 25.5% | 21.8% | 19.6% | 19.1% |
| Debtor days | – | 75 | 82 | 81 | 85 |
| Inventory days | – | 125 | 142 | 124 | 135 |
| Payable days | – | 76 | 82 | 76 | 105 |
| Cash conversion cycle (days) | – | 124 | 142 | 129 | 115 |
| Working capital days | – | 154 | 173 | 167 | 144 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 51.05% |
| FIIs | 6.90% |
| DIIs | 30.74% |
| of which Mutual funds | 27.36% |
| of which Insurance | 2.41% |
| Government | 0.00% |
| Public (non-institutions) | 11.30% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 51.05% | 51.05% | 51.05% | 51.05% | 51.05% | 51.05% | 51.05% | 51.05% |
| Promoter group | % |
|---|---|
| Timken Singapore Pte Limited | 51.05% |
| Public holders above 1% | % |
|---|---|
| Hdfc Mutual Fund - Hdfc Mid-Cap Fund | 7.18% |
| Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund | 4.39% |
| Sbi Large & Midcap Fund | 3.41% |
| Invesco India Manufacturing Fund | 3.09% |
| Franklin India Mid Cap Fund | 1.95% |
| Mirae Asset Large Cap Fund | 1.85% |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.33% |
| Hdfc Life Insurance Company Limited | 1.28% |
69,721 shareholders. Pledged: 0.00% of promoter shares.
Peers in Abrasives & Bearings
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| CARBORUNIV | ₹21,511 cr | 102.0x | 5.5x | 5.6% | 7.2% | 8.5% | +3.8% | 0.47% |
| TIMKEN | ₹20,757 cr | 49.2x | 7.1x | 14.7% | 19.6% | 18.4% | +7.4% | 1.30% |
| GRINDWELL | ₹20,328 cr | 46.6x | 8.0x | 18.2% | 22.8% | 18.9% | +6.5% | 0.93% |
| SKFINDUS | ₹11,839 cr | 54.4x | 8.0x | 14.7% | 15.0% | 5.6% | – | – |
| WENDT | ₹1,428 cr | 72.3x | 5.4x | 7.7% | 11.2% | 14.6% | +4.0% | 0.56% |
| GALXBRG | ₹310 cr | 38.7x | 2.8x | 3.4% | 5.6% | 9.5% | -17.1% | – |
| NIBL | ₹70 cr | – | – | – | -22.1% | -16.2% | -2.1% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-31 | Dividend | Dividend - Rs 2.50 Per Share |
| 2025-07-25 | Dividend | Dividend - Rs 36 Per Share |
| 2024-07-26 | Dividend | Dividend - Rs 2.50 Per Share |
| 2023-08-04 | Dividend | Dividend - Rs 1.50 Per Share |
| 2022-08-11 | Dividend | Dividend - Rs 1.50 Per Share |
| 2021-07-29 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Share |
| 2020-07-23 | Dividend | Annual General Meeting/Dividend - Rs 50 Per Share |
| 2019-08-02 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2018-08-02 | Dividend | Annual General Meeting/Dividend- Re 1 Per Share |
| 2017-08-01 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2016-08-02 | Dividend | Annual General Meeting/ Dividend - Re 1/- Per Share |
| 2015-08-03 | Other | Annual General Meeting |
| 2014-11-20 | Dividend | Interim Dividend - Rs 3/- Per Share |
| 2014-08-04 | Other | Annual General Meeting |
| 2013-11-20 | Dividend | Interim Dividend Rs.6.50 Per Share |
| 2013-07-23 | Dividend | Annual General Meeting And Dividend Rs.2/- Per Share |
| 2012-07-10 | Other | Annual General Meeting |
| 2011-11-21 | Dividend | Interim Dividend Rs.20/- Per Share |
| 2011-04-07 | Other | Annual General Meeting |
| 2010-04-19 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: C7-Metal & Metal Products - Manufacturing of bearings and components
| Sector | Industrials |
| Industry | Abrasives & Bearings |
| Sub-industry | Abrasives & Bearings |
| Symbol | TIMKEN |
| BSE code | 522113 |
| ISIN | INE325A01013 |
| Face value | ₹10.0 |
| Incorporated | 1996-12-12 |
| Website | https://www.timken.com |
| Plants (India / abroad) | 2 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.