Timken India Ltd.
Snapshot View

1544.10 -20.55 ▼-1.3%

02 August 2021, 04:00:00 P.M.
Volume: 625

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Bearings Compare with Industry peers
Website http://www.timken.com/india
Financial Indicators
Market Cap 11,631.83 Cr.
Earnings per share (EPS) 19.04 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 81.24 Trailing Twelve Months Ending 2021-03
Industry PE 47.05 Trailing Twelve Months Ending 2021-03
Book Value / Share 178.61 Trailing Twelve Months Ending 2021-03
Price to Book Value 8.66 Calculated using Price: 1,546.40
Dividend Yield 0.10 Period Ending 2021-03
No. of Shares Subscribed 7.52 Cr. 75,218,734 Shares
FaceValue 10
Company Profile

Timken India Ltd., (TIL) a Timken Company subsidiary, started manufacturing bearings in India nearly three decades ago and today has state-of-the-art manufacturing plants in Jamshedpur and Bharuch to serve local bearing market needs and beyond. Employing the highly collaborative technical selling model for which Timken is known, the India team works directly with large OEM customers and with end users through a network of authorized distributors to make design and application recommendations to optimize performance and reliability. The Timken Technology Centre in Bangalore, one of four such centres in the world, provides customers access to engineering expertise and the latest technological advancements. It also offers a breadth of bearing repair and related mechanical power transmission services to its customers. Timken India was incorporated in 1987 as Tata Timken Limited (TTL), a joint venture between Tata Iron and Steel Company (TISCO) and The Timken Company, a world leader in bearings. It commenced commercial production at its Jamshedpur plant in March 1992. The Timken Company is a world leader in tapered roller bearings.

Business area of the company

The company actively operates in Indian anti-friction bearings, mechanical power transmission products and related services business.

Products and services of the company

The company offers a growing portfolio of engineered bearings, mechanical power transmission products and industrial services to keep industries moving efficiently and reliably.

Awards

2017-18

  • Best safety award from JSW, Bellary MILLTEC site.
  • Sustainability Award from Mahindra and Mahindra.
  • Sustainable supplier award from TATA motors.
  • Quality Focus, responsiveness and cost efficiency award from Spicer India.
  • Platinum award for Delivery by Automotive Axles.
  • Hallmark International Railway Industry Standard (IRIS) certification highly valued by global rail customers.
  • Winner of Kaizen and Poka-yoke competition in Confederation of Indian Industries.
  • Silver certificate of merit for manufacturing excellence by Frost & Sullivan & FICCI.

2018-19

  • On-Time delivery award by Terex in Sept’18
  • Received Authorized Economic Operator (AEO) certificate from Central Board of Excise & Customs.

2019-20

  • Excellence in Manufacturing from Indo-American Corporate Excellence Award.
  • DL Shah Quality Award- Silver award for 'The Yield and Productivity Improvement’.
  • Award for Energy Efficiency in Supply Chain by Tata Motors.
  • Recipient of the award for Best Supplier from TATA Motors.
  • Dana award for Expand Global Markets, recognizing successful and substantial efforts put in by a Supplier to support them across platforms and geographies.
  • GE India conferred 'Best Supplier Support' award Opportunities.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.31%
1 Week
-3.92%
1 Month
+5.77%
3 Month
+10.11%
6 Month
+20.73%
1 Year
+59.33%
2 Year
+137.68%
5 Year
+168.05%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 13.52 12.37 19.66 18.96 16.93 13.94 14.55 16.87 9.81
Return on Capital Employed (%) 19.43 18.32 29.74 29.23 23.96 20.97 21.67 20.88 13.22
Return on Assets (%) 7.98 7.52 10.14 9.74 10.24 8.14 8.22 10.97 6.45

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 341 382 438 530 618 702 1,341 1,577 1,344
Non Curr. Liab. 5 240 284 328 19 309 394 115 108
Curr. Liab. 112 110 138 167 238 375 497 564 736
Minority Int.
Equity & Liab. 459 732 860 1,025 874 1,386 2,232 2,255 2,188
Non Curr. Assets 117 374 434 525 325 604 1,169 936 943
Curr. Assets 341 358 426 500 549 782 1,063 1,319 1,244
Misc. Exp. not W/O
Total Assets 459 732 860 1,025 874 1,386 2,232 2,255 2,188

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 689 720 929 1,051 1,056 1,233 1,664 1,617 1,411
Other Income 6 11 6 6 10 21 16 23 20
Total Income 694 731 935 1,057 1,066 1,254 1,680 1,640 1,430
Total Expenditure -615 -649 -795 -889 -898 -1,070 -1,375 -1,254 -1,159
PBIDT 79 82 140 168 168 184 305 386 271
Interest -1 -1 -1 -1 -1 -1 -2 -3 -1
Depreciation -14 -16 -17 -22 -29 -43 -79 -77 -75
Taxation -20 -21 -42 -50 -41 -48 -75 -60 -52
Exceptional Items -3
PAT 44 45 81 92 97 92 149 246 143

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 13 44 43 101 164 39 249 348 189
Cash Fr. Inv. -17 -30 -23 -67 -125 -64 -110 -102 -69
Cash Fr. Finan. -16 -14 -26 1 -5 -2 -23 -13 -379
Net Change -20 0 -7 36 34 -27 116 233 -259
Cash & Cash Eqvt 46 46 39 75 105 78 198 428 170

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 67.80 67.80 67.80 67.80 67.80 67.80 67.80 67.80 67.80
Public 32.20 32.20 32.20 32.20 32.20 32.20 32.20 32.20 32.20
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 02 Aug 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
We enclose herewith copies of Public Notice published in Financial Express and Prajavani relating to 34th Annual General Meeting and matters incidental thereto.

We request you to kindly take this on record.
Fri, 30 Jul 2021
Reg. 34 (1) Annual Report
Sub: Notice convening 34th Annual General Meeting and Annual Report 2020-21

In compliance with Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we attach herewith:

Notice of 34th Annual General Meeting of the Company to be held on Monday 23 August 2021 and
Annual Report of the Company for the financial year 2020-21.

We request you to kindly take this on record.
Thu, 29 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we write to inform you that the Company is in receipt of the intimation from the following investor(s) regarding loss of share certificate(s) and investor(s) is/are being informed of the procedure to obtain duplicate certificate(s) in lieu thereof:

Technical Scans View Details

Mon, 02 Aug 2021
Close Crossing Last Month Close from Above Close Crossing Last Month Close from Above
Closing Below Previous Low Closing Below Previous Low
Close Within 52 Week High Zone Close Within 52 Week High Zone
Fri, 30 Jul 2021
Close Within 52 Week High Zone Close Within 52 Week High Zone
S Close Above Last Week High

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