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 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 29-10-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 09-10-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second 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 Unaudited
Segment Reporting Single segment
Description of single segment Bearings and allied goods
Start date and time of board meeting 29-10-2026   18:00:00
End date and time of board meeting 29-10-2026   19:03:00
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 Not applicable



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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 98,604.00 1,92,936.00
Other income 856.40 1,929.70
Total income 99,460.40 1,94,865.70
2 Expenses
(a) Cost of materials consumed 26,615.80 62,523.10
(b) Purchases of stock-in-trade 31,711.60 61,371.50
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 2,080.40 (6,892.40)
(d) Employee benefit expense 5,092.50 10,077.80
(e) Finance costs 98.70 174.60
(f) Depreciation, depletion and amortisation expense 2,892.00 6,027.10
(f) Other Expenses
1 Other Expenses 14,682.10 29,672.20
Total other expenses 14,682.10 29,672.20
Total expenses 83,173.10 1,62,953.90
3 Total profit before exceptional items and tax 16,287.30 31,911.80
4 Exceptional items 0.00 0.00
5 Total profit before tax 16,287.30 31,911.80
6 Tax expense
7 Current tax 3,963.70 7,109.70
8 Deferred tax 234.10 746.70
9 Total tax expenses 4,197.80 7,856.40
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 12,089.50 24,055.40
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 12,089.50 24,055.40
17 Other comprehensive income net of taxes 96.80 (165.90)
18 Total Comprehensive Income for the period 12,186.30 23,889.50
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
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 16.07 31.98
Diluted earnings (loss) per share from continuing operations 16.07 31.98
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 16.07 31.98
Diluted earnings (loss) per share from continuing and discontinued operations 16.07 31.98
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) Notes: (1) The statement of unaudited consolidated financial results(the Statement) of Timken India Limited (the Company) and its subsidiary (together referred to as the Group) for the quarter and six months ended September 30, 2026 has been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on October 29, 2026.The Statement has been subjected to limited review by Deloitte Haskins & Sells LLP, the statutory auditor of the Company, the report of the statutory auditor is unmodified. (2) The Group has only one reportable primary segment, viz. 'Bearings and allied goods & services'. Accordingly, no separate segment disclosures is required under Ind AS-108 - Operating Segments. (3) The Statement has 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). (4) During the quarter ended September 30, 2026, the Group has paid final dividend of Rs. 2.50/- per equity share to all eligible shareholders as recommended by the Board of Directors at its meeting held on May 18, 2026 and approved by the shareholders at 39th Annual General Meeting held on August 18, 2026. (5) The Consolidated Statement of Assets and Liabilities as at September 30, 2026 is given as Annexure-A and Consolidated Statement of Cash Flows for the half year ended September 30, 2026 is given as Annexure-B. (6) 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 six months ended September 30, 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. (7) The Board of Directors of the Company at it’s meeting held on May 18, 2026 approved a draft Scheme of Amalgamation amongst Timken GGB Technology Private Limited with the Company and their respective shareholders and creditors (the Scheme) with effect from the appointed date of April 01, 2026 pursuant to the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (“the Act”) and the Rules made thereunder. The Company has filed petition before National Company Law Tribunal, Bengaluru Bench seeking its approval for the Scheme in the month of July 2026, which is pending for approval as on the date.



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 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 1,22,504.50
Capital work-in-progress 19,200.50
Investment property 931.70
Goodwill 18,131.10
Other intangible assets 3,386.40
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 73.00
Trade receivables, non-current
Loans, non-current 4.10
Other non-current financial assets
1 Other financial assets 3,041.50
Total of other non-current financial assets 3,041.50
Total non-current financial assets 3,118.60
Deferred tax assets (net) 87.60
Other non-current assets
1 Non-current tax assets (net) 1,580.80
2 Other non-current assets 599.10
Total of other non-current assets 2,179.90
Total non-current assets 1,69,540.30
2 Current assets
Inventories 83,720.30
Current financial asset
Current investments 20,033.90
Trade receivables, current 74,410.00
Cash and cash equivalents 25,034.40
Bank balance other than cash and cash equivalents 2,258.90
Loans, current 7.50
Other current financial assets
Total of other current financial assets 2,718.70
Total current financial assets 1,24,463.40
Current tax assets (net)
Other current assets
1 Other current assets 14,355.50
Total of other current assets 14,355.50
Total current assets 2,22,539.20
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 3,92,079.50
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 7,521.90
Other equity 3,05,953.00
Total equity attributable to owners of parent 3,13,474.90
Non controlling interest
Total equity 3,13,474.90
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
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 Lease Liabilities 1,045.40
2 Other non-current financial liabilities 24.00
Total of other non-current financial liabilities 1,069.40
Total non-current financial liabilities 1,069.40
Provisions, non-current 1,275.50
Deferred tax liabilities (net) 4,370.90
Deferred government grants, Non-current
Other non-current liabilities
1 Other non-current liabilities 3,364.50
Total of other non-current liabilities 3,364.50
Total non-current liabilities 10,080.30
Current liabilities
Current financial liabilities
Borrowings, current 0.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 7,829.20
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 51,997.40
Total Trade payable 59,826.60
Other current financial liabilities
1 Lease Liabilities 306.30
2 Other non-current financial liabilities 3,967.80
Total of other current financial liabilities 4,274.10
Total current financial liabilities 64,100.70
Other current liabilities 1,172.40
1 Other current liabilities 1,172.40
Total of other current liabilities 1,172.40
Provisions, current 1,594.80
Current tax liabilities (Net) 1,656.40
Deferred government grants, Current
Total current liabilities 68,524.30
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 78,604.60
Total equity and liabilites 3,92,079.50
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 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
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
1 Re-measurement gains/ (losses) on defined benefit plans 129.30 (221.70)
Total Amount of items that will not be reclassified to profit and loss 129.30 (221.70)
2 Income tax relating to items that will not be reclassified to profit or loss 32.50 (55.80)
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 0.00 0.00
5 Total Other comprehensive income 96.80 (165.90)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 31,911.80
Adjustments for reconcile profit (loss)
Adjustments for finance costs 174.60
Adjustments for decrease (increase) in inventories (4,894.00)
Adjustments for decrease (increase) in trade receivables, current 6,098.70
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (3,460.30)
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 (389.60)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 620.70
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 6,027.10
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 (272.40)
Adjustments for dividend income 504.40
Adjustments for interest income 644.80
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 (140.40)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 2,615.20
Net cash flows from (used in) operations 34,527.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 7,615.50
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 26,911.50
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 0.00
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 0.00
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 140.40
Purchase of property, plant and equipment 11,369.10
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 504.40
Interest received 644.80
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (1,500.00)
Net cash flows from (used in) investing activities (11,579.50)
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 197.60
Dividends paid 1,880.50
Interest paid 174.60
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (2,252.70)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 13,079.30
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 69.50
Net increase (decrease) in cash and cash equivalents 13,148.80
Cash and cash equivalents cash flow statement at beginning of period 31,919.50
Cash and cash equivalents cash flow statement at end of period 45,068.30