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Timken India reported a healthy Q1FY27 performance

ICICIdirect Research 05 Aug 2026 DISCLAIMER

News: Timken India reported a healthy Q1FY27 performance, with revenue increasing 14.9% YoY to ₹929 crore, supported by strong demand across end-user industries. EBITDA increased 21.0% YoY to ₹172 crore, while EBITDA margin expanded 93 bps YoY to 18.5%. Consequently, PAT grew 10.4% YoY to ₹115 crore.

View: Timken India delivered another strong quarter, with double-digit revenue growth and EBITDA margin expansion reflecting healthy demand across industrial, railways, mining and process industries. Going forward, execution of the Bharuch capacity utilisation ramp up, continued momentum in industrial capex and the company's ability to sustain EBITDA margins in the high-teen range will remain key monitorables.

Impact: Positive

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