Timken India Limited manufactures and distributes tapered roller bearings, components, and accessories for the automotive sector and railway industry in India and internationally.
Excellent balance sheet with proven track record.
Share Price & News
How has Timken India's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TIMKEN has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TIMKEN exceeded the Indian Machinery industry which returned 0.5% over the past year.
Return vs Market: TIMKEN exceeded the Indian Market which returned 4.3% over the past year.
Price Volatility Vs. Market
How volatile is Timken India's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StUpdate: Timken India (NSE:TIMKEN) Stock Gained 75% In The Last Five Years
3 weeks ago | Simply Wall StWith Timken India Limited (NSE:TIMKEN) It Looks Like You'll Get What You Pay For
4 months ago | Simply Wall StShould You Be Impressed By Timken India Limited's (NSE:TIMKEN) ROE?
Is Timken India undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TIMKEN (₹956.15) is trading above our estimate of fair value (₹411.87)
Significantly Below Fair Value: TIMKEN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TIMKEN is poor value based on its PE Ratio (36.2x) compared to the IN Machinery industry average (14.7x).
PE vs Market: TIMKEN is poor value based on its PE Ratio (36.2x) compared to the Indian market (14.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TIMKEN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TIMKEN is overvalued based on its PB Ratio (4.6x) compared to the IN Machinery industry average (1x).
How is Timken India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Timken India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Check out Timken India's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Timken India competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Timken India performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TIMKEN has high quality earnings.
Growing Profit Margin: TIMKEN's current net profit margins (14.8%) are higher than last year (10%).
Past Earnings Growth Analysis
Earnings Trend: TIMKEN's earnings have grown significantly by 22.5% per year over the past 5 years.
Accelerating Growth: TIMKEN's earnings growth over the past year (17.7%) is below its 5-year average (22.5% per year).
Earnings vs Industry: TIMKEN earnings growth over the past year (17.7%) exceeded the Machinery industry -12.5%.
Return on Equity
High ROE: TIMKEN's Return on Equity (12.6%) is considered low.
How is Timken India's financial position?
Financial Position Analysis
Short Term Liabilities: TIMKEN's short term assets (₹10.4B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: TIMKEN's short term assets (₹10.4B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: TIMKEN's debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: TIMKEN's debt to equity ratio has increased from 0.6% to 1.3% over the past 5 years.
Debt Coverage: TIMKEN's debt is well covered by operating cash flow (1788.3%).
Interest Coverage: TIMKEN earns more interest than it pays, so coverage of interest payments is not a concern.
What is Timken India current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TIMKEN's dividend (5.22%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: TIMKEN's dividend (5.22%) is in the top 25% of dividend payers in the Indian market (2.51%)
Stability and Growth of Payments
Stable Dividend: TIMKEN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TIMKEN's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (189.1%), TIMKEN's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sanjay Koul (55 yo)
Mr. Sanjay Koul has been the Managing Director of Timken India Limited since October 26, 2012 and Chairman of the Board since August 19, 2014 and serves as Chief Executive Officer. Mr. Koul is responsible ...
CEO Compensation Analysis
Compensation vs Market: Sanjay's total compensation ($USD425.81K) is about average for companies of similar size in the Indian market ($USD378.62K).
Compensation vs Earnings: Sanjay's compensation has been consistent with company performance over the past year.
|Business Controller of India||4.92yrs||₹8.25m||no data|
|Company Secretary & Chief of Compliance||0.83yr||₹2.84m||no data|
|Head of Communications||no data||no data||no data|
|General Manager of Marketing||no data||no data||no data|
|Managing Director of Middle East||no data||₹7.15m||no data|
Experienced Management: TIMKEN's management team is considered experienced (4.9 years average tenure).
|Business Controller of India||4.92yrs||₹8.25m||no data|
|Non Executive Independent Director||14.58yrs||₹310.00k||no data|
|Additional Independent Director||2.5yrs||₹490.00k||0.00020% |
|Additional Director||0.50yr||no data||no data|
|Additional & Independent Director||0.83yr||₹270.00k||no data|
Experienced Board: TIMKEN's board of directors are considered experienced (3.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Timken India Limited's company bio, employee growth, exchange listings and data sources
- Name: Timken India Limited
- Ticker: TIMKEN
- Exchange: NSEI
- Founded: 1987
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: ₹71.984b
- Shares outstanding: 75.22m
- Website: https://www.timken.com/en-in
Number of Employees
- Timken India Limited
- 39-42, Electronic City
- Phase II
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|522113||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 2000|
|TIMKEN||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||May 2000|
Timken India Limited manufactures and distributes tapered roller bearings, components, and accessories for the automotive sector and railway industry in India and internationally. The company offers cylind ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/14 19:15|
|End of Day Share Price||2020/08/14 00:00|
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 here.