TIMKENBSETimken India LtdMediumNeutral
Announced Fri, 22 May · 17:12 IST

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we attach herewith transcript of Post Results ....

Investor Communications View source PDF

TIMKEN · price

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Price reaction · full curve 14 horizons · vs prior close
-3.7%1-day move
₹3751.00
prior close
₹3750.20
base price
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+0.2-0.2+0.0-0.4-3.7-2.9-3.0-5.4-5.8-4.1-3.2-2.5-17.0
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AI summary

Timken India reported its first-ever INR 1,000 crore quarterly revenue (Q4 FY26) at INR 1,073.1 crores, up 14.2% YoY, with standalone full-year revenue of INR 3,147.8 crores (+8.6%). PBT for the quarter stood at INR 207.4 crores (19.3% margin). The company highlighted significant raw material cost inflation—steel and consumables rising—where only 10% of price increases have been passed on so far, with the remaining 90% targeted over the next two quarters. The new Bharuch plant generated INR 80 crores revenue in its first full year and is targeting 70% utilization by July 2026. The Board has approved the merger of Timken GGB with Timken India Limited to drive operational synergies. Jamshedpur rail expansion remains on track for production by December 2026. Exports jumped 66% YoY to INR 222 crores in Q4, driven by North American demand. The company remains debt-free and is exploring further capex and potential M&A opportunities.

Likely market impact

Near-term margin pressure is expected as cost increases outpace price pass-through, but management's focus on execution and the ramp-up of the Bharuch plant should support revenue growth outpacing the market in FY27.