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India
Reported ownership for FY2027-Q1 as of 2026-06-30.
As of 06 Nov 2026, 03:30 pm
Timken India reported standalone revenue of ₹969 crores for the quarter ended September 30, 2026, representing a 25.4% year-over-year growth. The Board approved these unaudited results on October 29, 2026.
On October 30, 2026, the Office of the Commissioner (Appeals) rejected five GST appeals, upholding a demand of ₹8.19 crore plus interest and an equal penalty for royalty payments between July 2017 and October 2021. Timken considers this order unsustainable and plans to appeal, stating no immediate financial impact is anticipated.
Mutual fund holdings in Timken India have risen for four consecutive quarters ending September 2026. This accumulation occurred during a broader market slump driven by geopolitical tensions and inflationary pressures, highlighting the stock as one of six 'most wanted' resilient picks identified by The Economic Times.
As of November 6, 2026, with the share price at ₹3,052.0, immediate resistance lies at ₹3,068.9 (0.55% above) and ₹3,105.0 (1.74% above). Key support levels are located at ₹3,021.62 (1.00% below) and ₹3,013.2 (1.27% below).
As of 06 Nov 2026, 03:30 pm
Recent drawdown or price variability is high enough to warrant closer monitoring.
Primary driver: Price remains materially below a previous peak
The session traded across a materially wider price range than usual.
Larger price swings can increase short-term uncertainty, especially if they continue.
The session opened materially above the previous close, indicating a sharp repricing at the open.
The move may reflect new information; subsequent price follow-through is worth monitoring.
Trading volume was unusually high, but the closing price did not show a clear directional move.
This indicates increased participation without a clear directional signal.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 |
|---|---|---|---|
| Revenue From Operations | ₹943.32 crore | PEAK₹1,089.83 crore | ₹779.67 crore |
| Expenses | ₹797.81 crore | PEAK₹878.61 crore | ₹708.58 crore |
| Profit Before Exceptional Items And Tax | ₹156.25 crore | PEAK₹212.03 crore | ₹78.24 crore |
| Profit Before Tax | ₹156.25 crore | PEAK₹212.03 crore | ₹78.24 crore |
| Finance Costs | ₹75.90 lakh | PEAK₹96.40 lakh | ₹79.70 lakh |
| Other Expenses | PEAK₹149.90 crore | ₹145.12 crore | ₹130.19 crore |
Timken India’s revenue for the quarter ended 30 June 2026 was ₹943.32 crore, down 13.4% from the preceding March quarter but up 21% compared to the December quarter. Profit before tax fell 26.3% to ₹156.25 crore as total expenses declined at a slower pace than revenue. Net profit for the period was ₹119.66 crore, translating to earnings per share of ₹15.91.
Revenue from operations stood at ₹943.32 crore, a sequential decrease of ₹146.51 crore from the March quarter’s ₹1,089.83 crore, which was the highest level across the three periods. The June figure was ₹163.65 crore higher than the December quarter’s ₹779.67 crore.
Other income added ₹10.73 crore, bringing total income (revenue plus other income) to ₹954.05 crore.
Total expenses were ₹797.81 crore, down 9.2% from the March quarter’s ₹878.61 crore. Because revenue declined 13.4%, profit before tax contracted 26.3% to ₹156.25 crore.
Profit before tax as a percentage of revenue was 16.6% in the June quarter, compared with 19.5% in March and 10.0% in December. Net profit margins followed a similar pattern: 12.7% in June, 14.5% in March, and 7.0% in December.
Revenue declined from the March quarter’s high, while remaining above the December quarter level. Profit before tax fell more sharply than revenue because total expenses decreased at a slower pace. A negative change in inventories (which reduced reported expenses) and a lower effective tax rate helped cushion the net profit decline. Margins were lower than in the March quarter but higher than in the December quarter.
Exchange disclosures and regulatory announcements for Timken India.
Timken India Limited filed the transcript of its Q2 FY 2026-27 Post Results Conference Call with the NSE on November 3, 2026. The call, held on October 30, 2026, featured Chairman and Managing Director Sanjay Koul and CFO Sujit Kumar Pattanaik. Management reported strong double-digit revenue growth (25.4% YoY) to INR 969 crores for the standalone quarter, driven by demand across rail, mobile, distribution, process, and export segments. Key operational updates included Bharuch facility capacity utilization reaching approximately 60% overall (with SRB lines at 70%), ongoing ramp-up of new rail expansion capacity in Jamshedpur targeting trial runs in November/December, and smooth progress on the amalgamation of Timken GGB Technology Private Limited. Management highlighted cost inflation pressures from raw materials and energy, noting an intent to pass these costs to customers, while affirming robust domestic demand and favorable global positioning.
Timken India Limited (NSE: TIMKEN, ISIN: INE325A01013) filed a routine disclosure with the NSE on November 3, 2026, uploading transcripts of an Analyst/Investor Meet held on October 30, 2026. The transcripts were uploaded to the company website at 11:57:00 on the filing date, following the conclusion of the call at 16:32:00 on October 30, 2026. Prior intimation of the event was disclosed to the exchange on October 23, 2026.
The Office of the Commissioner (Appeals), Central Goods and Service Tax & Central Excise, rejected five appeals by Timken India Limited in Order-in-Appeal No. 1389-1393/JSR/2026 dated 30 October 2026, upholding the demand for short-paid GST of Rs. 8,19,15,057 for royalty payments during July 2017 to October 2021, together with applicable interest and a penalty of Rs. 8,19,15,057. The order classified the services under SAC 998396, attracting GST at 18%, rather than the company’s SAC 9973 classification and 12% rate. Timken said it considers the order unsustainable, will take steps to appeal before the appropriate authority, and does not anticipate an immediate financial or monetary impact. The company received the order on 2 November 2026 and reported it on 3 November 2026, citing evaluation of the impact and materiality as the reason for delay.
Timken India Limited published newspaper notices concerning its unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026. The notices state that the Board approved the results at its meeting on 29 October 2026, and that the results were filed with both stock exchanges. The publication also repeats SEBI’s special-window information for transfer and dematerialisation of certain physical securities; this is a routine results-publication notice, not a new transaction or ownership change.
Timken India Limited (NSE: TIMKEN, ISIN: INE325A01013) filed an announcement with the NSE on October 30, 2026, disclosing the audio recording of its Analyst/Investor Meet. The company had previously intimated the exchange regarding the earnings call on October 23, 2026. The audio recording concluded at 16:32:00 on October 30, 2026, and was uploaded to the company's website at 17:34:00 on the same date.
Timken India Limited announced on October 30, 2026, that it has been awarded two Bureau of Indian Standards (BIS) licenses for its bearing products. The licenses cover Spherical Roller Bearings (SRB) at the company's new Bharuch manufacturing facility and Cylindrical Roller Bearings (CRB) at its old Bharuch plant. This regulatory approval confirms conformity to Indian national standards for bearing performance and safety, validating the company's design, testing, and quality control procedures.
Timken India Limited’s Board approved unaudited standalone and consolidated financial results for the quarter and six months ended September 30, 2026, at its October 29, 2026 meeting. For the quarter, consolidated revenue from operations was ₹9,860.40 million and net profit after tax was ₹1,208.95 million; standalone revenue was ₹9,692.97 million and net profit after tax was ₹1,160.64 million. Deloitte Haskins & Sells LLP issued limited-review reports with unmodified conclusions. Separately, the proposed amalgamation of Timken GGB Technology Private Limited with Timken India Limited remains pending approval by the National Company Law Tribunal, Bengaluru Bench. The filing also reports payment during the quarter of the previously approved final dividend of ₹2.50 per equity share.
Integrated Filing- Financials|Original|
Recent market and company developments associated with Timken India.
Six stocks including KFin Technologies, Rainbow Children’s Medicare, Indus Towers, Timken India, SBI Cards & Payment Services, and Mahindra & Mahindra have seen a gradual rise in mutual fund holdings for four consecutive quarters since September 2025. This investment activity occurs amid a broader market slump driven by geopolitical tensions, inflationary pressures, and hawkish monetary policy shifts.
Economic Times identified six stocks with consistently rising mutual fund holdings over the past four quarters as of September 2026, highlighting them as resilient picks amid a broader market slump.
The Bombay Burmah Trading Corporation Ltd notched up volume of 19.17 lakh shares by 10:45 IST on BSE, a 517 fold spurt over two-week average daily volume of 3708 shares
India is set to launch a $1.2 billion incentive scheme to stimulate local manufacturing efforts. This initiative aims to draw in $1.8 billion of new investments over the next seven years, focusing on essential machinery such as tunnel boring machines and fire-fighting equipment. A major goal is to lessen reliance on imports, particularly from China, while establishing local value-addition targets for machines that are fully imported.
Comprehensive Section Breakdown for Timken India
Strategic Vision: Manufactures bearings and friction management solutions for industrial customers.
Category: Manufacturing
Timken India's portfolio includes engineered bearings and related friction management solutions integrated into various industrial applications.
• Global technology leadership in engineered bearings and industrial motion.
• Global innovation and development hub for product design and engineering services.
• Widespread distributor network and direct OEM partnerships.
Cost of materials consumed (₹359.07 crore) and purchases of stock in trade (₹296.60 crore) together accounted for about 82% of total expenses.
The change in inventories of finished goods, work-in-progress and stock in trade was a negative expense of ₹89.73 crore, which reduced total expenses. Without this inventory adjustment, reported expenses would have been approximately ₹887.5 crore.
Employee benefit expense was ₹49.85 crore and depreciation expense was ₹31.35 crore. Other expenses rose 3.3% sequentially to ₹149.90 crore. Finance costs were ₹0.76 crore, down from ₹0.96 crore in the March quarter.
Tax expense was ₹36.59 crore, giving an effective tax rate of 23.4% on pre‑tax profit, compared with 25.3% in the March quarter and 30.3% in the December quarter. The lower effective rate meant net profit fell 24.4% to ₹119.66 crore, a slightly smaller drop than the 26.3% decline in pre‑tax profit.
Other comprehensive income was a negative ₹2.63 crore, resulting in total comprehensive income of ₹117.03 crore. Basic and diluted earnings per share were ₹15.91, down from ₹21.05 in the March quarter but up from ₹7.25 in the December quarter.
Core Thesis: The company collaborates with OEMs and end users, leveraging a distributor network and a global innovation hub to provide tailored solutions.
• Product Development and Application Engineering: The Bangalore Technology Center serves as a global innovation hub for product design, application engineering, and technical services. • Distribution and OEM Partnerships: Products reach customers through a widespread distributor network, with direct partnerships with major OEMs and end users. • Manufacturing and Global Supply: Operates manufacturing facilities in India and a large bore bearing manufacturing plant to serve global industrial customers.