Timken India Limited

BSE:522113 Stock Report

Market Cap: ₹274.5b

Timken India Future Growth

Future criteria checks 3/6

Timken India is forecast to grow earnings and revenue by 17.8% and 13.1% per annum respectively. EPS is expected to grow by 17.9% per annum. Return on equity is forecast to be 17.2% in 3 years.

Key information

17.8%

Earnings growth rate

17.86%

EPS growth rate

Machinery earnings growth21.2%
Revenue growth rate13.1%
Future return on equity17.23%
Analyst coverage

Good

Last updated19 Jun 2026

Recent future growth updates

Recent updates

Narrative Update • Jun 25

522113: Dividend Decision And Amalgamation Review Will Guide Measured Future Outlook

Analysts have slightly raised their fair value estimate for Timken India, increasing the price target from ₹3,910 to ₹3,988 as they factor in a modestly lower discount rate and a marginally higher future P/E assumption. What's in the News for Timken India Timken India has a board meeting scheduled on May 18, 2026, at 18:30 Indian Standard Time to review audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
Narrative Update • Jun 06

522113: Board Decisions On Dividend And Amalgamation Will Shape Measured Outlook

Analysts have raised their fair value estimate for Timken India from about ₹3,550 to roughly ₹3,910, citing updated assumptions around the discount rate, revenue growth, profit margin and future P/E expectations. What's in the News Board of directors met on May 18, 2026, to review audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
Narrative Update • Apr 26

522113: Upcoming Meetings And Stable Assumptions Will Shape Measured Outlook

Analysts have kept their price target for Timken India broadly steady around ₹3,550, with only marginal tweaks to assumptions such as discount rate, revenue growth, profit margin and future P/E. As a result, the overall valuation view for the stock is essentially unchanged.
Narrative Update • Apr 09

522113: Upcoming Meetings And Minor Assumption Tweaks Will Guide Balanced Outlook

Analysts have slightly reduced Timken India's implied fair value estimate to about ₹3,550 from ₹3,557, reflecting minor adjustments to assumptions on discount rate, revenue growth, profit margin and future P/E multiples rather than any major change in view. What's in the News A board meeting is scheduled for Feb 04, 2026 to consider and approve the unaudited consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company event filing).
Narrative Update • Mar 26

522113: Upcoming Meetings And Steady Assumptions Will Shape Balanced Outlook

Analysts have kept the price target for Timken India steady at ₹3,557, citing only marginal tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions that are not material enough to change their valuation view. What's in the News Board meeting scheduled for Feb 04, 2026, to consider and approve unaudited consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company filing) Special or extraordinary shareholders meeting set for Apr 04, 2026, to be conducted via postal ballot in India (company filing) Valuation Changes Fair Value: unchanged at ₹3,557, with no alteration to the overall valuation outcome.
Narrative Update • Mar 11

522113: Upcoming Meetings And Stable Assumptions Will Guide Balanced Outlook

Analysts have kept their price target for Timken India broadly unchanged at about ₹3,557, reflecting only marginal tweaks to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions in their valuation work. What's in the News A board meeting is scheduled for Feb 04, 2026, to consider and approve unaudited consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company event filing).
Narrative Update • Feb 24

522113: Board Meeting And Revised Assumptions Will Shape Steady Forward Outlook

Analysts have raised their price target on Timken India from ₹3,323 to ₹3,557, citing revised assumptions on revenue growth, profit margins and a higher future P/E multiple. What's in the News Timken India has scheduled a board meeting for 4 Feb 2026 to review and approve its unaudited consolidated financial results.
Narrative Update • Dec 24

522113: Board Meeting Will Shape Leadership While Earnings Outlook Will Remain Stable

Narrative Update Analysts have maintained their price target on Timken India at ₹3,323, with no change from the prior estimate. They continue to see a broadly unchanged outlook for discount rates, revenue growth, profit margins, and valuation multiples.
Narrative Update • Dec 10

522113: Board Meeting Will Address Leadership Changes While Earnings Outlook Remains Steady

Analysts have nudged their price target for Timken India slightly higher to ₹3,323, reflecting modestly increased conviction in the company’s long term earnings power despite only marginal tweaks to the discount rate and valuation multiples. What's in the News Upcoming board meeting on November 3, 2025 at 17:00 IST to review and approve unaudited financial results for the quarter and half year ended September 30, 2025 (company filing) Board to consider changes in senior management at the November 3, 2025 meeting (company filing) Reappointment of a director to be taken up as part of the November 3, 2025 board meeting agenda (company filing) Valuation Changes Fair Value Estimate, unchanged at approximately ₹3,323, indicating no revision to the core intrinsic value assessment.
Narrative Update • Nov 26

522113: Board Meeting Will Address Management Changes And Discuss Next Financial Results

Analysts have revised Timken India's price target slightly downward from ₹3,392 to ₹3,323. This change reflects adjustments in key valuation assumptions and updated growth expectations.
Narrative Update • Sep 06

Bharuch Plant Ramp-Up Will Unlock Domestic And Export Opportunities

With no change in key valuation metrics such as the discount rate (14.53%) and future P/E (53.86x), the consensus analyst price target for Timken India remains steady at ₹3392. What's in the News Board meeting scheduled to consider and approve unaudited financial results for the quarter ending June 30, 2025.
User avatar
New Narrative • Feb 12

New Bharuch Plant Will Increase Production And Expand Exports

Expansion of the Bharuch plant and strategic export focus are key growth drivers, enhancing production and capitalizing on global trade shifts.

Earnings and Revenue Growth Forecasts

BSE:522113 - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202952,8137,5044,6027,4653
3/31/202845,2396,3262,9276,0878
3/31/202739,4475,0412,4744,5898
3/31/202634,7804,1491,4844,456N/A
12/31/202532,9254,321N/AN/AN/A
9/30/202531,9304,548-4203,308N/A
6/30/202531,7294,553N/AN/AN/A
3/31/202531,4784,474983,873N/A
12/31/202431,0584,020N/AN/AN/A
9/30/202430,4663,9521,3993,906N/A
6/30/202429,7573,983N/AN/AN/A
3/31/202429,0953,9217833,399N/A
12/31/202328,1433,552N/AN/AN/A
9/30/202328,1153,5832,4054,225N/A
6/30/202328,2493,628N/AN/AN/A
3/31/202328,0663,9072,7913,412N/A
12/31/202226,7144,077N/AN/AN/A
9/30/202225,7214,0696251,537N/A
6/30/202224,3463,885N/AN/AN/A
3/31/202222,0323,271-475329N/A
12/31/202120,1112,587N/AN/AN/A
9/30/202118,8422,2606781,393N/A
6/30/202117,1811,967N/AN/AN/A
3/31/202114,1051,4321,1041,887N/A
12/31/202013,4161,515N/AN/AN/A
9/30/202013,3131,9891,6432,899N/A
6/30/202013,4021,988N/AN/AN/A
3/31/202016,1692,4612,2753,482N/A
12/31/201916,6022,420N/AN/AN/A
9/30/201916,7171,839N/A3,271N/A
6/30/201916,8441,687N/AN/AN/A
3/31/201916,6441,486N/A2,488N/A
12/31/201815,6191,151N/AN/AN/A
9/30/201814,556978N/AN/AN/A
6/30/201813,1751,017N/AN/AN/A
3/31/201812,340920N/A390N/A
12/31/201711,491940N/AN/AN/A
9/30/201711,015982N/AN/AN/A
6/30/201710,739908N/AN/AN/A
3/31/201710,562972N/A1,641N/A
12/31/201610,797982N/AN/AN/A
9/30/201611,0281,054N/AN/AN/A
6/30/201610,822967N/AN/AN/A
3/31/201610,508918N/A1,014N/A
12/31/201510,204817N/AN/AN/A
9/30/20159,936783N/AN/AN/A
6/30/20159,648781N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 522113's forecast earnings growth (17.8% per year) is above the savings rate (6.9%).

Earnings vs Market: 522113's earnings (17.8% per year) are forecast to grow faster than the Indian market (16.2% per year).

High Growth Earnings: 522113's earnings are forecast to grow, but not significantly.

Revenue vs Market: 522113's revenue (13.1% per year) is forecast to grow faster than the Indian market (10.9% per year).

High Growth Revenue: 522113's revenue (13.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 522113's Return on Equity is forecast to be low in 3 years time (17.2%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/26 19:01
End of Day Share Price 2026/06/25 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Timken India Limited is covered by 17 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAsian Markets Securities Private Limited
Mukesh SarafAvendus Spark
Amit DhamejaCentrum Broking Limited