TIMKEN INDIA LTD.

Management reported a strong finish to FY26, with the highest stand-alone revenue of INR3,147 crores, and a robust Q4 exceeding INR1,000 crores. For Q1 FY27, revenue reached INR929 crores, reflecting a 15% year-on-year growth, with profit before tax (PBT) also increasing by 15% to INR150 crores. The PBT margin was reported at 16.2%, consistent with the previous year. Management highlighted the successful ramp-up of the Bharuch plant and the approval of the amalgamation with Timken GGB Technology. They noted challenges in the railway segment due to slow government procurement but expressed optimism about future growth. Cost pressures from steel prices were acknowledged, with management actively working on price adjustments and cost-saving measures. The earnings call concluded with management open to further questions.

Management provided a balanced overview of performance and challenges without strong emphasis on either positive or negative aspects.