Integrated Filing — IndAS



General information about company

Scrip Code 522113
NSE Symbol TIMKEN
MSEI Symbol NOTLISTED
ISIN INE325A01013
Name of company TIMKEN INDIA LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 18-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 04-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Bearings and allied goods
Start date and time of board meeting 18-05-2026   18:30:00
End date and time of board meeting 18-05-2026   20:04:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 1,08,982.60 3,47,802.90
Other income 81.60 3,006.10
Total income 1,09,064.20 3,50,809.00
2 Expenses
(a) Cost of materials consumed 22,828.60 1,03,563.10
(b) Purchases of stock-in-trade 30,966.80 1,12,568.30
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 11,597.60 (3,416.50)
(d) Employee benefit expense 4,899.40 18,650.50
(e) Finance costs 96.40 373.60
(f) Depreciation, depletion and amortisation expense 2,960.20 10,604.60
(f) Other Expenses
1 Other expenses 14,512.40 53,202.30
Total other expenses 14,512.40 53,202.30
Total expenses 87,861.40 2,95,545.90
3 Total profit before exceptional items and tax 21,202.80 55,263.10
4 Exceptional items 0.00 0.00
5 Total profit before tax 21,202.80 55,263.10
6 Tax expense
7 Current tax 4,976.60 12,242.20
8 Deferred tax 395.70 1,532.40
9 Total tax expenses 5,372.30 13,774.60
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 15,830.50 41,488.50
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 15,830.50 41,488.50
17 Other comprehensive income net of taxes 159.30 111.30
18 Total Comprehensive Income for the period 15,989.80 41,599.80
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 7,521.90 7,521.90
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 2,83,935.60
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 21.05 55.16
Diluted earnings (loss) per share from continuing operations 21.05 55.16
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 21.05 55.16
Diluted earnings (loss) per share from continuing and discontinued operations 21.05 55.16
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) (1) The above consolidated financial results of Timken India Limited (the Group) as reviewed by the Audit Committee have been approved by the Board of Directors at its meeting held on May 18, 2026. The results for the year ended March 31, 2026 have been audited and the results for the quarter ended March 31, 2026 have been reviewed by Deloitte Haskins & Sells LLP, the statutory auditors of the group. The statutory auditors of the group have expressed an unmodified opinion on the consolidated financial results for the year ended March 31, 2026 and have issued an unmodified conclusion in respect of the limited review for the quarter ended March 31, 2026. (2) The group has only one reportable primary segment, viz. 'Bearings and allied goods & services'. Accordingly, no separate disclosure of segment information has been made. (3) The Consolidated Statement of Assets and Liabilities as at March 31, 2026 is given as Annexure - A and Consolidated Statement of Cash Flows for the year ended March 31, 2026 is given as Annexure - B. (4) The figures for the quarters ended March 31, 2026 and March 31, 2025 are balancing figures between audited figures in respect of full financial years ended March 31, 2026 and March 31, 2025 respectively and the unaudited published year to date figures upto December 31, 2025 and December 31, 2024 respectively, being the end of the third quarter of the respective financial years, which were subjected to Limited Review by the statutory auditors. (5) The Board has recommended, subject to approval of the members of Timken India Limited at ensuing Annual General Meeting, payment of dividend of Rs. 2.50 (PY Rs. 36.00) per equity share of Rs. 10 each fully paid. (6) These consolidated financial results of the group have been prepared in accordance with the Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013 (the Act) read with relevant rules issued thereunder ('IND AS') and other accounting principles generally accepted in India and guidelines issued by the Securities and Exchange Board of India (SEBI). (7) On November 21, 2025, the Government of India notified four Labour Codes effective immediately, replacing the existing 29 labour laws. In accordance with Ind AS 19 - Employee benefits, changes to employee benefit plans arising from legislative amendments are treated as plan amendments, requiring immediate recognition of past service cost in the Statement of Profit and Loss and this approach is consistent with the guidance issued by the Institute of Chartered Accountants of India. The group has considered restructured compensation of its employees with effect from April 1, 2026, and assessed the impact of the changes, which has been recognised as an employee benefit expense in the year ended March 31, 2026. The group continues to monitor the finalisation of Central and State Rules, as well as Government clarifications on other aspects of the Labour Codes and will incorporate appropriate accounting treatment based on these developments as required. (8) Timken India Limited acquired 100% equity shares of Timken GGB Technology Private Limited (GGB) from Timken Europe B.V., Netherlands and The Timken Company, USA through execution of a Share Purchase Agreement dated November 21, 2025 for a consideration of Rs. 1,288 Million. The total consideration was paid on December 01, 2025. Consequently, GGB has become a wholly owned subsidiary of Timken India Limited. The transaction being a Common control business combination as defined under Ind AS 103 - Business Combinations, accounting has been carried out from the first day of the preceding period i.e. April 1, 2024 and under the pooling of interest method, as prescribed Appendix C of Ind AS 103. Accordingly, assets, liabilities, income and expenses of GGB have been accounted in the consolidated books of account at their carrying amounts. The comparative consolidated financial results for the quarter and year ended March 31, 2025 are presented solely based on the information compiled by the management and have not been reviewed by the statutory auditor except to the extent it relates to the Parent and adjustments made to the financial information of the Subsidiary to comply with Indian Accounting Standards. The financial statements of the subsidiary for the year ended March 31, 2025 considered for consolidation, were audited by another auditor who expressed an unmodified opinion vide their report dated September 19, 2025. (9) On March 16, 2026, Timken India Limited has invested Rs. 7 Million to acquire 26.1% of equity in Sunstream Green Energy C & I Three Private Limited to secure electricity from renewable sources as per Group Captive Scheme.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 1,21,981.80
Capital work-in-progress 10,072.20
Investment property 941.80
Goodwill 18,131.10
Other intangible assets 3,558.80
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 73.00
Trade receivables, non-current 0.00
Loans, non-current 4.70
Other non-current financial assets
1 Other non-current financial assets 2,646.60
Total of other non-current financial assets 2,646.60
Total non-current financial assets 2,724.30
Deferred tax assets (net) 92.50
Other non-current assets
1 Non-current tax assets (net) 1,288.40
2 Other non-current assets 4,623.60
Total of other non-current assets 5,912.00
Total non-current assets 1,63,414.50
2 Current assets
Inventories 78,826.30
Current financial asset
Current investments 5,072.40
Trade receivables, current 81,126.10
Cash and cash equivalents 26,847.10
Bank balance other than cash and cash equivalents 696.50
Loans, current 8.80
Other current financial assets
Total of other current financial assets 2,474.20
Total current financial assets 1,16,225.10
Current tax assets (net) 0.00
Other current assets
1 Other current assets 11,567.50
Total of other current assets 11,567.50
Total current assets 2,06,618.90
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 3,70,033.40
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 7,521.90
Other equity 2,83,935.60
Total equity attributable to owners of parent 2,91,457.50
Non controlling interest
Total equity 2,91,457.50
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Lease Liabilities 1,172.30
2 Other non-current financial liabilities 24.00
Total of other non-current financial liabilities 1,196.30
Total non-current financial liabilities 1,196.30
Provisions, non-current 1,099.90
Deferred tax liabilities (net) 3,629.20
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Other non-current liabilities 2,987.70
Total of other non-current liabilities 2,987.70
Total non-current liabilities 8,913.10
Current liabilities
Current financial liabilities
Borrowings, current 0.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 8,960.60
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 52,084.10
Total Trade payable 61,044.70
Other current financial liabilities
1 Lease Liabilities 283.90
2 Other current financial liabilities 3,833.80
Total of other current financial liabilities 4,117.70
Total current financial liabilities 65,162.40
Other current liabilities 2,087.20
1 Other current liabilities 2,087.20
Total of other current liabilities 2,087.20
Provisions, current 1,340.30
Current tax liabilities (Net) 1,072.90
Deferred government grants, Current
Total current liabilities 69,662.80
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 78,575.90
Total equity and liabilites 3,70,033.40
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Unaudited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss (212.90) (148.80)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 53.60 37.50
5 Total Other comprehensive income 159.30 111.30



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 55,263.10
Adjustments for reconcile profit (loss)
Adjustments for finance costs 373.60
Adjustments for decrease (increase) in inventories (13,574.00)
Adjustments for decrease (increase) in trade receivables, current (9,533.20)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (4,465.90)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 19,246.40
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 3,007.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 10,604.60
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 509.40
Adjustments for dividend income 549.30
Adjustments for interest income 1,862.50
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items (157.20)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 3,598.90
Net cash flows from (used in) operations 58,862.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 14,303.30
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 44,558.70
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 12,880.90
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 70.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 13.00
Purchase of property, plant and equipment 29,717.10
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 549.30
Interest received 1,862.50
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (40,243.20)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 0.00
Payments of lease liabilities 445.00
Dividends paid 27,078.70
Interest paid 373.60
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (27,897.30)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (23,581.80)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 224.00
Net increase (decrease) in cash and cash equivalents (23,357.80)
Cash and cash equivalents cash flow statement at beginning of period 55,277.30
Cash and cash equivalents cash flow statement at end of period 31,919.50





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s Deloitte Haskins & Sells LLP Yes 31-07-2027