Timken India Limited (IN:TIMKEN)
:TIMKEN
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Timken India Limited
(TIMKEN)
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Rating:72Outperform
Price Target:
₹3,929.00
▲(28.00% Upside)
Action:Upgraded
Date:05/20/26
Score is driven primarily by strong financial resilience (especially the very conservative balance sheet) and a constructive technical trend. These positives are meaningfully offset by expensive valuation (high P/E with modest yield) and cash-flow volatility/margin pressure that warrant monitoring.
Positive Factors
Conservative Balance Sheet
Exceptionally low leverage gives Timken India durable financial resilience. Minimal debt reduces refinancing and interest risks, preserves investment capacity for capex or M&A, and supports stability across cycles—helping sustain operations and preserve strategic optionality over months to years.
Negative Factors
Margin Compression
Sustained margin erosion reduces operating flexibility and profit resiliency. Lower gross margins suggest pressure on pricing or rising input costs, weakening the company's ability to invest in R&D and service capabilities and making earnings more vulnerable during weaker demand periods.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Exceptionally low leverage gives Timken India durable financial resilience. Minimal debt reduces refinancing and interest risks, preserves investment capacity for capex or M&A, and supports stability across cycles—helping sustain operations and preserve strategic optionality over months to years.
Read all positive factors
Timken India Limited (TIMKEN) vs. iShares MSCI India ETF (INDA)
Market Cap
₹264.36B
Dividend Yield1.18%
Average Volume (3M)25.50K
Price to Earnings (P/E)65.3
Beta (1Y)0.80
Revenue Growth9.64%
EPS Growth-9.12%
CountryIN
Employees1,279
SectorIndustrials
Sector Strength72
IndustryManufacturing - Tools & Accessories
Share Statistics
EPS (TTM)60.47
Shares Outstanding75,218,735
10 Day Avg. Volume41,967
30 Day Avg. Volume25,500
Financial Highlights & Ratios
PEG Ratio-8.05
Price to Book (P/B)8.32
Price to Sales (P/S)6.97
P/FCF Ratio140.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)66.92
Revenue Forecast (FY)₹39.45B
Timken India Limited Business Overview & Revenue Model
Company Description
Timken India Limited, established in 1987 and based in Bengaluru, India, is a prominent manufacturer and distributor of various bearings, components, and accessories. The company primarily serves the automotive and railway industries, with its rea...
How the Company Makes Money
Timken India makes money primarily by selling bearings and allied products to original equipment manufacturers (OEMs) and to the aftermarket (replacement demand) across multiple industrial and mobility applications. Its core revenue stream is the ...
Timken India Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
92
Very Positive
Cash Flow
64
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 31.93B | 34.78B | 31.48B | 29.10B | 28.07B | 22.03B |
| Gross Profit | 11.63B | 10.58B | 12.15B | 11.63B | 11.16B | 9.83B |
| EBITDA | 6.04B | 6.62B | 5.84B | 5.67B | 5.56B | 5.06B |
| Net Income | 4.55B | 4.15B | 4.47B | 3.92B | 3.91B | 3.27B |
Balance Sheet | ||||||
| Total Assets | 33.82B | 37.00B | 34.35B | 30.00B | 25.63B | 22.02B |
| Cash, Cash Equivalents and Short-Term Investments | 3.57B | 3.26B | 5.15B | 4.92B | 3.98B | 1.17B |
| Total Debt | 276.13M | 145.62M | 166.17M | 253.62M | 305.46M | 317.33M |
| Total Liabilities | 6.14B | 7.86B | 5.80B | 5.73B | 5.12B | 5.26B |
| Stockholders Equity | 27.68B | 29.15B | 28.45B | 24.17B | 20.37B | 16.57B |
Cash Flow | ||||||
| Free Cash Flow | 945.08M | 1.73B | 97.50M | 782.65M | 2.79B | -474.55M |
| Operating Cash Flow | 2.35B | 4.70B | 3.87B | 3.40B | 3.41B | 328.94M |
| Investing Cash Flow | -1.25B | -4.27B | -3.38B | -2.28B | -471.61M | -761.01M |
| Financing Cash Flow | -2.75B | -2.79B | -273.28M | -173.72M | -152.92M | -147.08M |
Timken India Limited Technical Analysis
Positive
3069.50
Price Trends
3518.98
Positive
3358.28
Positive
3190.93
Positive
Market Momentum
3.63
Positive
48.85
Neutral
19.23
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TIMKEN, the sentiment is Positive. The current price of 3069.5 is below the 20-day moving average (MA) of 3578.22, below the 50-day MA of 3518.98, and below the 200-day MA of 3190.93, indicating a neutral trend. The MACD of 3.63 indicates Positive momentum. The RSI at 48.85 is Neutral, neither overbought nor oversold. The STOCH value of 19.23 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:TIMKEN.
Timken India Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ₹264.36B | 65.30 | ― | 1.18% | 9.64% | -9.12% | |
68 Neutral | ₹77.19B | 29.52 | ― | 0.39% | -23.51% | -53.01% | |
65 Neutral | ₹35.94B | 23.60 | ― | 0.27% | 15.57% | 73.80% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
56 Neutral | ₹7.42B | 25.84 | ― | 0.87% | -19.34% | -49.87% | |
50 Neutral | ₹101.88B | 149.32 | ― | 0.38% | 3.88% | -85.35% | |
47 Neutral | ₹737.34M | -2.53 | ― | ― | 18.63% | -258.04% |
* Industrials Sector Average
IN:TIMKEN
Timken India Limited
3,534.85
317.72
9.88%
IN:HARSHA
Harsha Engineers International Ltd.
403.00
16.17
4.18%
IN:NIBL
NRB Industrial Bearings Ltd.
31.60
3.18
11.19%
IN:RKFORGE
Ramkrishna Forgings Ltd
592.05
-55.31
-8.54%
IN:SKFINDIA
SKF India Limited
1,591.50
-607.37
-27.62%
IN:STERTOOLS
Sterling Tools Limited
209.85
-141.61
-40.29%
Timken India Limited Corporate Events
Timken India Closes Trading Window Ahead of FY26 Results
Mar 16, 2026
Timken India Limited has announced the closure of its trading window for designated persons and insiders from 1 April 2026 until 48 hours after the submission or publication of its audited financial results for the quarter and year ended 31 March ...
Timken India Seeks Shareholder Nod for Board Changes via E-Voting
Mar 6, 2026
Timken India has launched a postal ballot process via remote e-voting to seek shareholder approval for key board changes. The resolutions include the re-appointment of Soumitra Hazra as an independent director and the appointment of Michael DisCen...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.