Results - Announcements
Timken India Ltd share price inched up 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, gaining 3.41%. It has marginally improved by 4.64% over last one week and edged lower by 6.22% in last one month while the market capitalization of Timken India Ltd has improved by 4.71% 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, rallying 28.99% year-on-year, and rising 4.24% quarter-on-quarter. EBITDA came in at Rs 176 crore, jumping 33.08% YoY and easing 5.25% sequentially.
Total expenses saw a slight increase 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, tumbling by 25.88% YoY, while employee benefits expense was at Rs 50.93 crore, ticking higher by 2.17% YoY.
For the TTM ended FY26, revenue from operations tick up 8.78% to Rs 3478.03 crore, while net profit fell 10.23% to Rs 414.89 crore, compared to previous TTM. EBITDA surged by 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 retreated by 5.18% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 12.76% during the same period.