Timken India Limited has announced its financial results for the fourth quarter of the fiscal year 2025-26, reporting a significant milestone in quarterly revenue. The company disclosed the transcript of its post-results conference call held on May 19, 2026, pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.

For the quarter ended March 31, 2026, the company achieved revenue from operations of INR 10,731 million, marking a 14.2% increase compared to the same period last year. This represents the first time the company has crossed INR 1,000 crores in quarterly revenue. Profit before tax (PBT) for the quarter stood at INR 2,074 million, with a PBT margin of 19.3%, an improvement of approximately 10 basis points over the previous year.

On a consolidated basis, revenue from operations was INR 10,898 million for the quarter and INR 34,780 million for the full year. Consolidated PBT reached INR 2,120 million for Q4 and INR 5,526 million for the fiscal year. The standalone financial year closed with an all-time high revenue of INR 31,478 million, an 8.6% growth over the previous year, driven by domestic and export market growth. Standalone PBT for the year was INR 5,304 million, a 3% increase, with a margin of 15.5% and EBITDA at 18.7%.

Operational Highlights

The Board has approved the merger of Timken GGB with Timken India Limited to drive operational synergies and reduce costs. The company has completed investments towards renewable energy initiatives across its plants. All lines at the new Bharuch plant have been capitalized, and the facility is progressively ramping up, having generated INR 80 crores in revenue for the full fiscal year.

Segment Performance

Management provided a detailed breakdown of Q4 FY26 performance across key segments:

Future Outlook

Looking ahead to FY27, the company indicated that demand remains stable across key segments despite macroeconomic uncertainties. Management is actively working on mitigating input cost inflation through price hikes and efficiency measures. The company aims to outgrow the market in both revenue and profitability. The rail expansion in Jamshedpur is on track to commence production by December 2026.

Timken India Limited reported its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results at a meeting held on May 18, 2026. Deloitte Haskins & Sells LLP issued an unmodified opinion on the annual financial results and an unmodified conclusion on the quarterly limited review. The company announced the newspaper publication of these results on May 20, 2026, pursuant to Regulation 47 of the SEBI (LODR) Regulations, 2015.

Standalone Financial Performance

On a standalone basis, the company posted revenue from operations of ₹34,193.16 Million for FY26, compared to ₹31,478.10 Million in FY25. Total income for FY26 stood at ₹34,473.17 Million versus ₹31,979.91 Million in the previous year. Profit before tax for FY26 was ₹5,303.92 Million, while net profit after tax came in at ₹3,983.33 Million against ₹4,473.86 Million in FY25. The standalone earnings per share (basic and diluted) was ₹52.96 (annualised), compared to ₹59.48 in FY25. For the quarter ended March 31, 2026, standalone revenue from operations was ₹10,731.35 Million, and net profit after tax was ₹1,547.94 Million.

Consolidated Financial Performance

On a consolidated basis, revenue from operations for FY26 was ₹34,780.29 Million compared to ₹31,971.96 Million in FY25. Total consolidated income was ₹35,080.90 Million versus ₹32,481.58 Million in the prior year. Consolidated net profit after tax was ₹4,148.85 Million compared to ₹4,621.94 Million in FY25. Consolidated earnings per share (basic and diluted) for FY26 was ₹55.16 (annualised), compared to ₹61.45 in FY25.

Dividend Recommendation

The Board has recommended a dividend of ₹2.50 per equity share of ₹10 each fully paid up for the year ended March 31, 2026, subject to approval by members at the ensuing Annual General Meeting. This compares to a dividend of ₹36.00 per equity share in the previous year.

Amalgamation of Timken GGB Technology Private Limited

The Board approved a Scheme of Amalgamation for the merger of Timken GGB Technology Private Limited, a wholly owned subsidiary, into Timken India Limited. The scheme is subject to approval of shareholders, creditors, the National Company Law Tribunal (NCLT), and other requisite approvals. The amalgamation involves no cash consideration, and no shares are proposed to be issued. The rationale includes simplified management structure, cost savings through rationalisation, greater financial strength and flexibility, creation of a single unified entity with a wider capital and asset base, efficient use of infrastructure, and simplification of group structure.

Investor Awareness Campaign

The company announced the launch of the Second 100-Day Campaign, "Saksham Niveshak", running from April 1, 2026, to July 9, 2026. The initiative aims to facilitate shareholder participation, update records, and ensure legal rights. Additionally, the company drew attention to the SEBI circular dated January 30, 2026, regarding the Special Window for Transfer and Dematerialisation of Physical Securities. Shareholders with physical shares are encouraged to update KYC details and nomination information to ensure seamless dividend credit and avoid recovery processes from the IEPF authority.