Q3 FY26 results: PAT dips 33% YoY, acquires GGB, appoints new director

Ebitda Margin CompressionRelated Party TransactionsResults View source PDF Explain this filing

TIMKEN · price

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Price reactionminutes from the announcement price · days from the prior close

-1.6%Reaction day

₹3252.70

prior close

₹3086.10

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-1.0%-0.6% vs market

Abrasives & Bearings peers, median of 6sector-1.0%-0.6% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Smallcap 250 and 0.6 pts less than its Abrasives & Bearings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.4

10m

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15m

-1.0

30m

-1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6-1.0-0.6-1.0-0.6

Next day

-0.3-1.4+1.0-2.4+2.0

+0.8+1.1-0.3+0.6+0.2

-1.0+1.6-2.7+2.9-3.9

-2.5+1.8-4.3+2.3-4.8

-3.8+1.0-4.9+2.0-5.8

-6.3-0.6-5.7-1.9-4.4

15d

+3.6-0.2+3.8-1.4+5.0

+2.7-3.8+6.5-6.2+8.9

+2.1-7.5+9.5-9.2+11.3

+5.3+5.2+0.0-3.7+8.9

UpDownMarket · Nifty Smallcap 250Sector · Abrasives & Bearings peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Timken India posted Q3 FY26 standalone revenue of Rs 764.4 crore, up 13.8% YoY, but PAT fell 32.9% to Rs 49.8 crore vs Rs 74.3 crore. 9M revenue rose 6.3% to Rs 2,346 crore while PAT dipped 6.5% to Rs 243.5 crore. Margins compressed sharply due to higher material and stock-in-trade costs. Board approved acquisition of Timken GGB Technology for Rs 128.8 crore and appointed Michael Discenza as Non-Executive Director effective April 15, 2026. Auditor review is unmodified.

Likely market impact

Revenue grew but PAT fell sharply on margin compression. GGB acquisition expands the group. Director appointment is routine.