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TIMKEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Timken India Limited reported standalone revenue from operations of Rs 34,193 million for FY2026, up 8.6% from Rs 31,478 million in FY2025. However, net profit after tax declined to Rs 3,983 million from Rs 4,474 million in the prior year, representing an 11% decrease. The Board recommended a dividend of Rs 2.50 per share (down from Rs 36 per share in the previous year). Deloitte Haskins & Sells LLP issued an unmodified (clean) audit opinion on the financial results. The Board also approved a scheme to amalgamate Timken GGB Technology Private Limited (a wholly owned subsidiary engaged in trading of sealing products and bearings) into the Company with no cash or share consideration, aiming to simplify group structure and reduce costs. Two senior management appointments were made effective 18 May 2026.
The decline in PAT despite revenue growth suggests margin compression, which may concern investors. The sharp drop in dividend from Rs 36 to Rs 2.50 per share could be viewed negatively by shareholders. The clean audit opinion and amalgamation plans indicate operational focus on cost rationalization.