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TIMKEN

TIMKEN - Timken India Ltd Share Price

Industrial Products

2994.20-4.00(-0.13%)
Market Open as of Sep 29, 2025, 15:30 IST

Valuation

Market Cap22.58 kCr
Price/Earnings (Trailing)49.58
Price/Sales (Trailing)7.01
EV/EBITDA34.59
Price/Free Cashflow2.32 K
MarketCap/EBT40.8
Enterprise Value22.18 kCr

Fundamentals

Revenue (TTM)3.22 kCr
Rev. Growth (Yr)2.9%
Earnings (TTM)455.31 Cr
Earnings Growth (Yr)8.2%

Profitability

Operating Margin17%
EBT Margin17%
Return on Equity16%
Return on Assets13.29%
Free Cashflow Yield0.04%

Price to Sales Ratio

Latest reported: 7

Revenue (Last 12 mths)

Latest reported: 3 kCr

Net Income (Last 12 mths)

Latest reported: 455 Cr

Growth & Returns

Price Change 1W-9.1%
Price Change 1M-15.1%
Price Change 6M16.8%
Price Change 1Y-19%
3Y Cumulative Return-0.10%
5Y Cumulative Return25%
7Y Cumulative Return23%
10Y Cumulative Return18.9%

Cash Flow & Liquidity

Cash Flow from Investing (TTM)-337.56 Cr
Cash Flow from Operations (TTM)387.3 Cr
Cash Flow from Financing (TTM)-27.33 Cr
Cash & Equivalents394.35 Cr
Free Cash Flow (TTM)9.75 Cr
Free Cash Flow/Share (TTM)1.3

Balance Sheet

Total Assets3.43 kCr
Total Liabilities580.49 Cr
Shareholder Equity2.84 kCr
Current Assets1.95 kCr
Current Liabilities511.72 Cr
Net PPE577.43 Cr
Inventory644.66 Cr
Goodwill181.31 Cr

Capital Structure & Leverage

Debt Ratio0.00
Debt/Equity0.00
Interest Coverage126.7
Interest/Cashflow Ops90.38

Dividend & Shareholder Returns

Dividend/Share (TTM)36
Dividend Yield1.2%
Shares Dilution (1Y)0.00%
Shares Dilution (3Y)0.00%
Pros

Smart Money: Smart money has been increasing their position in the stock.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Size: Market Cap wise it is among the top 20% companies of india.

Balance Sheet: Strong Balance Sheet.

Profitability: Recent profitability of 14% is a good sign.

Technicals: Bullish SharesGuru indicator.

Cons

Past Returns: Underperforming stock! In past three years, the stock has provided -0.1% return compared to 12.3% by NIFTY 50.

Momentum: Stock is suffering a negative price momentum. Stock is down -15.1% in last 30 days.

The Good, Bad and Ugly
Growth
Measures how quickly a company is expanding through metrics like revenue growth, earnings growth, and cash flow growth over time. Strong growth can indicate future potential.
Profitability
Shows how efficiently a company turns business activities into profit, using metrics like profit margins, return on equity (ROE), and return on assets (ROA).
Size
Indicates the company's market presence through metrics like market capitalization, total assets, and revenue. Size can influence stability and market influence.
Dilution Rank
Tracks how much the company's shares have increased or decreased over time. Lower dilution means existing shareholders maintain stronger ownership stakes.
Balance Sheet
Evaluates the company's financial health by analyzing assets, debts, and equity. A strong balance sheet indicates financial stability and flexibility.
Momentum
Measures the strength and speed of price movements, showing whether the stock is gaining or losing market favor over different time periods.
Technicals
Analyzes price patterns, trading volumes, and other market indicators to identify potential trading opportunities and market trends.
Smart Money
Tracks the investment activities of institutional investors, hedge funds, and other large financial players who often have deep research capabilities.
Insider Trading
Monitors buying and selling of company shares by executives, directors, and other insiders who may have unique insights into the company's prospects.

Investor Care

Dividend Yield1.2%
Dividend/Share (TTM)36
Shares Dilution (1Y)0.00%
Earnings/Share (TTM)60.54

Financial Health

Current Ratio3.82
Debt/Equity0.00

Technical Indicators

RSI (14d)36.43
RSI (5d)100
RSI (21d)26.34
MACD SignalBuy
Stochastic Oscillator SignalHold
Grufity SignalBuy
RSI SignalHold
RSI5 SignalSell
RSI21 SignalBuy
SMA 5 SignalBuy
SMA 10 SignalBuy
SMA 20 SignalSell
SMA 50 SignalSell
SMA 100 SignalSell

Summary of Latest Earnings Report from Timken India

Summary of Timken India's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Last updated:

In the earnings call for Q1 FY 2025-26, Timken India Limited management provided a cautious yet optimistic outlook for the company's performance. Mr. Sanjay Koul, Chairman and Managing Director, noted that revenue from operations reached INR 808.8 crores, reflecting a 3.2% year-on-year increase and marking the best first quarter to date. PBT stood at INR 130.4 crores, flat compared to the previous year, with a PBT margin of 16.1%, slightly down from 16.6% in Q1 FY 2024.

Key updates highlighted by management included the stabilization of the Bharuch plant and the capitalization of one CRB line, which commenced commercial production in late June. They reiterated a commitment to capacity building and operational efficiency. The investment in rail expansion in Jamshedpur and the ramp-up of plain bearings in Bharuch continue as planned.

For their core industrial sectors, Mr. Koul emphasized a cautious optimism regarding the demand environment despite macroeconomic uncertainties. The growth forecast for rail segments is expected to be steady, although he ruled out double-digit growth, suggesting high single digits instead. For the process sector, growth prospects remain mixed.

Management also indicated that they are closely monitoring geopolitical factors, economic conditions in the U.S., and tariff impacts, which pose potential challenges but are not seen as insurmountable. They affirmed plans to enhance capacity through investments totaling INR 155 crores for rail and plain bearings, aiming for a utilization target of around 45% by the end of FY 2026. Additionally, they confirmed that the majority of initial revenues from the Bharuch facility would be directed towards export markets. Overall, they remain focused on execution excellence while navigating these challenges.

Last updated:

Question 1: "If you could give us the mix in the first quarter? How much was from railways and the other segments?"

Answer: In Q1 FY '26, the revenue mix was as follows: Rail contributed INR196.5 crores (24%), Mobile INR156 crores (19%), Distribution INR146 crores (18%), Process INR142 crores (18%), and Exports at INR164 crores (20%). Overall, we achieved revenues of INR808.8 crores.


Question 2: "Could you kind of give an update on the new plant utilization plans? Does that stay the same or is there some change to that estimate?"

Answer: We expect to maintain our target of reaching about 45% utilization by year-end. The first line has been capitalized, and other lines will follow shortly. We are focused on training our team and qualifying new lines, so a slight variation in percentage may occur, but we're on track for our previous estimate.


Question 3: "What are your expectations for the rail and process markets? Which will influence growth more?"

Answer: Rail is expected to grow steadily but not explosively; we anticipate high single-digit growth, as it's cyclical. The process market is mixed. While sectors like wind are doing well, mining and steel are sluggish. Infrastructure spending will be key, but overall, I remain cautiously optimistic about both sectors.


Question 4: "Is it reasonable to assume that rail probably grows in double digits and process maybe in high single, mid-single?"

Answer: I don't believe rail can achieve double-digit growth, but both rail and process could see growth in the high single digits. The overall economic forecast suggests a modest trend as we advance into FY '26.


Question 5: "What are your thoughts on the CV industry growth expectations? What has changed?"

Answer: The CV industry growth outlook remains unclear. Typically, it could range from 0-9%. There are various scenarios"”poor, average, or optimistic. The economic climate will largely dictate the growth trajectory in this sector.


Question 6: "Regarding Bharuch ramp-up, would it be fair to assume that current billing is primarily for export markets?"

Answer: Yes, that's correct. The billing initiated in July focused primarily on export markets, which aligns with our strategy of rooting for increased export capacity from the Bharuch facility.


Question 7: "Can you share our geographical mix of exports and how tariffs might affect pass-through?"

Answer: Our export mix is about 50% towards North America, primarily in heavy trucks and rail, with other markets like Europe and Asia also significant. Regarding tariffs, they are factored into our pricing strategy, but the key concern is the broader economic context in the U.S.


Question 8: "Any order visibility for CRB and SRB in the domestic market?"

Answer: Yes, we're working on customer qualifications (PPAPs) and have received the first order for locomotive applications from Indian Railways. We have strong visibility and anticipate gaining further traction in domestic markets.


Question 9: "What is your expectation for FY '26 capex?"

Answer: For FY '26, we expect capex of around INR120 crores for rail expansion and approximately INR35 crores for the first phase of plain bearings. The total immediate expansion capex will be about INR150 crores, including maintenance that will follow standard norms.


Each of the answers is concise and follows the character limit while retaining critical figures and forward guidance.

Share Holdings

Understand Timken India ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Share Holding Details

Shareholder NameHolding %
Timken Singapore Pte Ltd51.05%
Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund4.11%
Sbi Large & Midcap Fund3.06%
Mirae Asset Large Cap Fund1.81%
Invesco India Flexi Cap Fund1.57%
Uti-Mid Cap Fund1.38%
Hdfc Life Insurance Company Limited1.18%
Tata Aia Life Insurance Co Ltd-Whole Life Mid Cap Equity Fund-Ulif 009 04/01/07 Wle 1101.17%
Government Of Singapore1.15%
Franklin India Prima Fund1.04%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is Timken India Better than it's peers?

Detailed comparison of Timken India against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker
Name
Mkt Cap
Revenue
Price %, 1M
Returns, 1Y
P/E
P/S
Rev 1-Yr
Inc 1-Yr
SCHAEFFLERSchaeffler India61.7 kCr8.73 kCr-6.40%-2.80%58.317.06--
SKFINDIASKF India22.28 kCr5.1 kCr-9.90%-14.80%42.464.37--
NRBBEARINGNRB Bearings2.89 kCr1.25 kCr-2.80%-5.50%33.392.32--
MENONBEMenon Bearings709.24 Cr254.19 Cr-0.40%-3.30%26.042.79--

Sector Comparison: TIMKEN vs Industrial Products

Comprehensive comparison against sector averages

Comparative Metrics

TIMKEN metrics compared to Industrial

CategoryTIMKENIndustrial
PE49.5834.55
PS7.012.61
Growth6.7 %7.8 %
67% metrics above sector average

Performance Comparison

TIMKEN vs Industrial (2021 - 2025)

TIMKEN is underperforming relative to the broader Industrial sector and has declined by 15.6% compared to the previous year.

Key Insights
  • 1. TIMKEN is among the Top 10 Industrial Products companies but not in Top 5.
  • 2. The company holds a market share of 0.7% in Industrial Products.
  • 3. The company is growing at an average growth rate of other Industrial Products companies.

Income Statement for Timken India

Standalone figures (in Rs. Crores)

Balance Sheet for Timken India

Standalone figures (in Rs. Crores)

Cash Flow for Timken India

Standalone figures (in Rs. Crores)

What does Timken India Ltd do?

Timken India Limited manufactures and distributes tapered roller bearings, other roller bearings, components, and accessories for the automotive sector and railway industry in India, the United States, and internationally. The company offers cylindrical roller, plain, spherical roller, tapered roller, thrust, precision, slewing, and ball bearing, as well as seals, maintenance tools, housed units, and wheel hub under the Timken brand; and integrated bearing assemblies, driveline center support bearings for commercial and light vehicles, and lubrication and lubrication systems. It provides mechanical power transmission products, such as encoders, gear boxes/transmissions, couplings and joints, belts, augers, linear motion products, brakes and clutches, commercial vehicles wheels and accessories and tools, and chains. In addition, the company offers maintenance contract and refurbishment services; and uptower and motor repair services. Timken India Limited was formerly known as Tata Timken Limited and changed its name to Timken India Limited in July 1999. The company was incorporated in 1987 and is based in Bengaluru, India. Timken India Limited operates as a subsidiary of The Timken Company.

Industry Group:Industrial Products
Employees:1,279
Website:www.timken.com