Timken India522113Quarterly results
Q2 and H1 FY27 results approved; auditor's review unmodified
Board approved unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026, with Deloitte Haskins & Sells LLP issuing Limited Review Reports with an unmodified opinion.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 9,860.40 | 7,863.54 | +25.4% | 9,433.20 | +4.5% |
| Total income | 9,946.04 | 7,972.35 | +24.8% | 9,540.53 | +4.3% |
| Profit before tax | 1,628.73 | 1,262.70 | +29% | 1,562.45 | +4.2% |
| Profit after tax | 1,208.95 | 935.99 | +29.2% | 1,196.59 | +1% |
| Total comprehensive income | 1,218.63 | 943.93 | +29.1% | 1,170.32 | +4.1% |
| Basic EPS | 16.07 | 12.44 | +29.2% | 15.91 | +1% |
- Total income (latest)
- 9,946.04 Millions (+24.8% YoY, +4.3% QoQ)
- Profit after tax (latest)
- 1,208.95 Millions (+29.2% YoY, +1% QoQ)
- Period
- September 30, 2026
Auditor's review
Conclusion: Unmodified
- Other Matter: comparative figures for quarter and six months ended September 30, 2025 approved by the Board but not audited/reviewed, except Parent information and Ind AS adjustments to the Subsidiary.
Notes to the results
- Company acquired 100% of Timken GGB Technology Private Limited for ₹ 1,288 Million (paid December 01, 2025); accounted as common control combination under pooling of interest from April 1, 2024.
- Draft Scheme of Amalgamation of Timken GGB Technology Private Limited with the Company (appointed date April 01, 2026) shared before NCLT Bengaluru in July 2026; pending approval.
- During the quarter, final dividend of Rs. 2.50/- per equity share paid as approved at the 39th AGM held on August 18, 2026.
What the board approved
- The board considered and approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026.
- The statements cover both the three-month period and the six-month period ended on that date.
Auditor's conclusion
- Deloitte Haskins & Sells LLP, the statutory auditors, issued Limited Review Reports with an unmodified opinion on the standalone and consolidated results.
- In simple terms, an unmodified review conclusion means the auditors did not come across anything suggesting the statements contain a material misstatement or omit a required disclosure. A review is narrower in scope than a full audit.
Standalone numbers
- Revenue from operations for the quarter: 9,692.97 (₹ in Million).
- Net Profit after tax for the quarter: 1,160.64 (₹ in Million), against 894.66 (₹ in Million) in the same quarter a year earlier.
- Earnings per share (basic & diluted) for the half year: 30.74.
Consolidated numbers
- Revenue from operations for the half year: 19,293.60 (₹ in Million).
- Net Profit after tax for the half year: 2,405.54 (₹ in Million).
- The consolidated accounts include Timken GGB Technology India Private Limited as a wholly owned subsidiary.
- The company states it has only one reportable primary segment, bearings and allied goods & services.
GGB: acquisition and proposed merger
- Timken India acquired 100% equity shares of Timken GGB Technology Private Limited from Timken Europe B.V., Netherlands and The Timken Company, USA, through a Share Purchase Agreement dated November 27, 2025, for a consideration of ₹ 1,206 Million. The total consideration was paid on December 01, 2025, and GGB became a wholly owned subsidiary.
- The board on May 18, 2026 approved a Scheme of Amalgamation of Timken GGB Technology Private Limited with the company, effective from the appointed date of April 01, 2026. A petition has been shared before the National Company Law Tribunal, Bengaluru Bench, seeking approval, and is pending.
Dividend
- A final dividend of Rs. 2.50/- per equity share was paid during the quarter ended September 30, 2026. It was recommended by the board at its meeting on May 18, 2026 and approved by shareholders at the 38th Annual General Meeting held on August 18, 2026.
What a retail reader can take away
- This is a quarterly results update: the main contents are the profit figures and a clean, unmodified review conclusion from the auditors.
- The amalgamation is a change in corporate structure to track; it takes effect only after tribunal approval, so the subsidiary continues to be shown separately in the consolidated accounts until then.
- The dividend referred to is the final dividend already paid during the quarter.
1,160.64 (₹ in Million)+29.7%
Q ended 30 Sep 2025894.66 (₹ in Million)Q ended 30 Sep 20261,160.64 (₹ in Million)
2,405.54 (₹ in Million)Net Profit after tax, consolidated
Profit after tax, latest quarter1,208.95 (₹ in Million)
Profit after tax, quarter1,196.59 (₹ in Million)
Also from Timken India
Q2 FY27 call: revenue up 25.4%, PAT up 29.7%; Bharuch ramp-up and cost inflation in focus
3 Nov 2026
Two BIS licenses received for bearings at Bharuch plants
30 Oct 2026
Timken India submits audio recording of Q2 FY2026-27 post-results conference call held 30 October 2026
30 Oct 2026
More numbers
- Revenue from operations, standalone, quarter ended 30 Sep 20269,692.97 (₹ in Million)
- Net Profit after tax, standalone, quarter ended 30 Sep 20261,160.64 (₹ in Million)
- Net Profit after tax, standalone, quarter ended 30 Sep 2025894.66 (₹ in Million)
- Revenue from operations, consolidated, half year ended 30 Sep 202619,293.60 (₹ in Million)
- Net Profit after tax, consolidated, half year ended 30 Sep 20262,405.54 (₹ in Million)
- Earnings per share (basic & diluted), standalone, half year30.74
- Final dividend per equity share paid during the quarterRs. 2.50/-
- Consideration paid for 100% of Timken GGB Technology₹ 1,206 Million
- Total income, latest quarter9,946.04 (₹ in Million)
- Total income, year-ago quarter7,972.35 (₹ in Million)
- Total income, previous quarter9,540.53 (₹ in Million)
- Total comprehensive income, latest quarter1,218.63 (₹ in Million)
- Total comprehensive income, year-ago quarter943.93 (₹ in Million)
- Total comprehensive income, previous quarter1,170.32 (₹ in Million)
- Profit after tax, latest quarter1,208.95 (₹ in Million)
- Profit after tax, year-ago quarter935.99 (₹ in Million)
- Profit after tax, previous quarter1,196.59 (₹ in Million)
- Revenue from operations, latest quarter9,860.40 (₹ in Million)
- Revenue from operations, year-ago quarter7,863.54 (₹ in Million)
- Revenue from operations, previous quarter9,433.20 (₹ in Million)
- Profit before tax, latest quarter1,628.73 (₹ in Million)
- Profit before tax, year-ago quarter1,262.70 (₹ in Million)
- Profit before tax, previous quarter1,562.45 (₹ in Million)
Source: BSE · 29 Oct 2026
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