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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 audited standalone revenue of Rs 34,193 million for FY 2025-26, up 8.6% from Rs 31,478 million in the previous year. However, standalone net profit after tax declined 11% to Rs 3,983 million from Rs 4,474 million, with EPS falling to Rs 52.96 from Rs 59.48. The Board recommended a dividend of Rs 2.50 per share, sharply lower than Rs 36 per share paid last year. Deloitte Haskins & Sells LLP issued an unmodified (clean) audit opinion on both standalone and consolidated results. The Board also approved amalgamation of Timken GGB Technology Private Limited (wholly owned subsidiary, turnover Rs 587 million) into Timken India, with no cash consideration involved as it's a share cancellation deal. Two senior management appointments were made.
The sharp PAT decline despite revenue growth and the significantly reduced dividend from Rs 36 to Rs 2.50 per share may concern investors. The clean audit opinion is positive. The amalgamation of the trading subsidiary into the manufacturing parent aims to simplify structure and reduce compliance costs.