Timken India FY26 Net Profit Falls to ₹3,983.33 Million
Timken India Limited reported a decline in net profit for FY26 to ₹3,983.33 Million from ₹4,473.86 Million in the previous year, while revenue from operations increased to ₹34,193.16 Million. The Board recommended a dividend of ₹2.50 per share and approved the amalgamation of subsidiary Timken GGB Technology Private Limited. The company also initiated the 'Saksham Niveshak' investor awareness campaign from April 1, 2026, to July 9, 2026.

*this image is generated using AI for illustrative purposes only.
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.
| Metric: | FY26 (Audited) | FY25 (Audited) |
|---|---|---|
| Revenue from Operations: | ₹34,193.16 Million | ₹31,478.10 Million |
| Total Income: | ₹34,473.17 Million | ₹31,979.91 Million |
| Total Expenses: | ₹29,169.25 Million | ₹26,452.62 Million |
| Profit Before Tax: | ₹5,303.92 Million | ₹5,527.29 Million |
| Net Profit After Tax: | ₹3,983.33 Million | ₹4,473.86 Million |
| EPS (Basic & Diluted): | ₹52.96 | ₹59.48 |
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.
| Metric: | FY26 (Audited) | FY25 |
|---|---|---|
| Revenue from Operations: | ₹34,780.29 Million | ₹31,971.96 Million |
| Total Income: | ₹35,080.90 Million | ₹32,481.58 Million |
| Total Expenses: | ₹29,554.59 Million | ₹26,754.77 Million |
| Profit Before Tax: | ₹5,526.31 Million | ₹5,726.81 Million |
| Net Profit After Tax: | ₹4,148.85 Million | ₹4,621.94 Million |
| EPS (Basic & Diluted): | ₹55.16 | ₹61.45 |
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.
| Parameter: | Transferor Company | Transferee Company |
|---|---|---|
| Paid-up Capital (as on March 31, 2026): | INR 9,72,28,820/- | INR 75,21,87,340/- |
| Turnover (FY 2025-26): | INR 58,71,30,191/- | INR 34,19,31,56,873/- |
| Area of Business: | Trading of sealing products and bearings | Manufacturing and sale of bearings and components |
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.
Historical Stock Returns for Timken
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.89% | -1.53% | +4.72% | +15.55% | +8.39% | +166.58% |
How will the amalgamation of Timken GGB Technology Private Limited into Timken India Limited impact the company's sealing products revenue and market positioning in FY27?
What factors contributed to the ~11% decline in net profit despite ~8.6% revenue growth, and can Timken India reverse this margin compression in the coming fiscal year?
Will the dramatic reduction in dividend payout from ₹36.00 to ₹2.50 per share signal a strategic shift toward reinvesting capital for expansion or acquisitions in the bearing and components sector?


































