Results - Announcements
Timken India Ltd share price gained 2.01% to Rs 2856.45 after the company's net profit grew slightly 1.04% to Rs 120.9 crore, while revenue from operations slightly gained 4.53% to Rs 986.04 crore in Q3FY26 over Q2FY26.
The market capitalization of Abrasives & Bearings industry group stocks on BSE stood at Rs 90287.73 crore, rising 3.41%. It has inched up 2.72% over last one week and eased lower by 6.22% in last one month while the market capitalization of Timken India Ltd has marginally improved by 3.87% and 9.32% in the same period respectively.
Profit before tax (PBT) of Timken India Ltd stood at Rs 162.87 crore in Q3 FY26, expanding by 28.99% year-on-year, and gaining 4.24% quarter-on-quarter. EBITDA came in at Rs 176 crore, rallying 33.08% YoY and easing 5.25% sequentially.
Total expenses posted a minor rise of 4.23% to Rs 830.74 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 266.16 crore, registering a fall of 25.88% YoY, while employee benefits expense was at Rs 50.93 crore, inching up 2.17% YoY.
For the TTM ended FY26, revenue from operations posted a slight growth of 8.78% to Rs 3478.03 crore, while net profit declined by 10.23% to Rs 414.89 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 58018% to Rs 602.3 crore, and PBT slipped by 3.50% to Rs 552.63 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 445.59 crore in FY26, as against Rs 398.68 crore in FY25.
Timken India Ltd declined 7.74% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 13.45% during the same period.