Timken India Limited (TIMKEN) Financial Results — Revenue ₹10,757.73 Cr

1 Financial Results 🔴 High Importance ✨ Positive 📄 PDF

Revenue: ₹10,757.73 CrNet Profit: ₹1,547.94 Cr

📢 Key Event
Timken India approved merger of GGB subsidiary and FY2026 audited results with dividend recommendation.

🔄 What Changed
Revenue rose to ₹35,080.90 crores; dividend of ₹2.50 per share proposed; merger of GGB entity finalized.

🔮 What's Next
AGM to approve dividend; merger to be implemented post-shareholder clearance.

💡 Investor Takeaway
Shareholders gain from stronger revenue and a proposed dividend, while the merger consolidates operations without cash outflow.

Timken India reported consolidated revenue of ₹35,080.90 crores for FY2026, up from ₹34,780.29 crores the prior year, reflecting robust growth in bearing sales. The company recommended a dividend of ₹2.50 per share, payable after shareholder approval at the AGM. It also disclosed the amalgamation of its wholly owned subsidiary, Timken GGB Technology Private Limited, into its operations, a transaction exempt from Section 188 of the Companies Act. Management appointments and renewable energy investments underscore strategic consolidation. The audit confirmed an unmodified opinion, validating financial accuracy under Ind AS and SEBI LODR.

2 Financial Results 🔴 High Importance Neutral 📄 PDF

Revenue: ₹10,757.73 CrNet Profit: ₹1,547.94 Cr

📢 Key Event
Timken India finalized FY2026 results, recommended dividend, and approved subsidiary amalgamation.

🔄 What Changed
Revenue grew 39.7% YoY to ₹10,757.73 crores; net profit reached ₹1583.05 crores; cash reserves increased to ₹2,681.68 crores; subsidiary amalgamation approved.

🔮 What's Next
No forward guidance provided in the document.

💡 Investor Takeaway
Shareholders receive a dividend recommendation amid strong revenue growth and structural simplification through subsidiary amalgamation.

Timken India reported FY2026 revenue of ₹10,757.73 crores, up 39.7% YoY, with net profit of ₹1583.05 crores and recommended dividend of ₹2.50 per share. The company finalized the amalgamation of its subsidiary Timken GGB Technology Private Limited, approved management appointments of Gajanan Bidkar and Himanshu Kumar Mishra, and invested ₹7 million in renewable energy firm Sunstream Green Energy. Cash reserves rose to ₹2,681.68 crores from ₹14,727.82 crores, while total assets reached ₹19,915.62 crores. The audit by Deloitte Haskins & Sells LLP confirmed a clean opinion on financials under Ind AS and SEBI LODR.