Timken India Ltd., included within the 12 months 1996, is a Mid Cap firm (having a market cap of Rs 22653.25 Crore) working in Engineering sector.
Timken India Ltd. key Merchandise/Income Segments embody Bearings, Sale of companies, Export Incentives for the 12 months ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the corporate reported a Standalone Complete Earnings of Rs 709.80 Crore, up 5.58 % from final quarter Complete Earnings of Rs 672.30 Crore and up 50.79 % from final 12 months identical quarter Complete Earnings of Rs 470.73 Crore. Firm reported web revenue after tax of Rs 118.10 Crore in newest quarter.
Funding Rationale
Timken has a robust steadiness sheet coupled with respectable progress prospects led by robust progress in railways, wind and exports.
Promoter/FII Holdings
Promoters held 67.8 per cent stake within the firm as of 30-Jun-2022, whereas FIIs owned 3.64 per cent, DIIs 12.61 per cent.
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