Timken India Ltd.

NSE: TIMKEN BSE: 522113 SECTOR: Bearings  33k   184   31

3048.70
-25.10 (-0.82%)
NSE: 30 Jan 03:55 PM

Price Summary

Today's High

₹ 3074.8

Today's Low

₹ 3000.05

52 Week High

₹ 3758

52 Week Low

₹ 1713.35

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

22931.94 Cr.

Enterprise Value

22943.52 Cr.

No. of Shares

7.52 Cr.

P/E

56.37

P/B

12.32

Face Value

₹ 10

Div. Yield

0.05 %

Book Value (TTM)

₹  247.53

CASH

18.19 Cr.

DEBT

29.78 Cr.

Promoter Holding

67.8 %

EPS (TTM)

₹  54.08

Sales Growth

56.2%

ROE

21.8 %

ROCE

28.77%

Profit Growth

128.46 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year56.2%
3 Year9.81%
5 Year15.84%

Profit Growth

1 Year128.46%
3 Year30.07%
5 Year27.47%

ROE%

1 Year21.8%
3 Year16.16%
5 Year15.39%

ROCE %

1 Year28.77%
3 Year20.96%
5 Year21.1%

Debt/Equity

0.018

Price to Cash Flow

697.15

Interest Cover Ratio

180.069881487536

CFO/PAT (5 Yr. Avg.)

0.896061298870656

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2022 67.8 0
Sep 2022 67.8 0
Jun 2022 67.8 0
Mar 2022 67.8 0
Dec 2021 67.8 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 30.0714197958013% for the Past 3 years.
  • Company has been maintaining healthy ROCE of 20.958156272885% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 180.069881487536.
  • Company’s PEG ratio is 0.438829420917683.
  • The company has an efficient Cash Conversion Cycle of 50.70158258061 days.
  • The company has a high promoter holding of 67.8%.

 Limitations

  • The company has shown a poor revenue growth of 9.8069460230968% for the Past 3 years.
  • The company is trading at a high PE of 56.37.
  • The company is trading at a high EV/EBITDA of 35.9105.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
Net Sales 557.9 510 667.4 699.2 695.4
Total Expenditure 434.1 395.9 487.6 527.6 563.3
Operating Profit 123.8 114.1 179.8 171.6 132.1
Other Income 3.8 2.8 4.9 10.6 21.5
Interest 0.4 0.3 1.3 0.4 0.5
Depreciation 20.5 21.6 22.4 21.8 21.7
Exceptional Items 0 0 0 0 0
Profit Before Tax 106.7 95 161 160 131.4
Tax 27.5 25.2 39.7 41.9 33.8
Profit After Tax 79.2 69.8 121.3 118.1 97.6
Adjusted EPS (Rs) 10.53 9.28 16.13 15.7 12.98

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 1233.47 1664.08 1616.87 1410.52 2203.24
Total Expenditure 1070.21 1375.44 1254.3 1158.74 1692.57
Operating Profit 163.26 288.64 362.57 251.78 510.68
Other Income 20.84 16.27 23.4 19.6 14.29
Interest 1.22 1.76 2.75 1.44 2.45
Depreciation 43.14 79.33 76.86 74.88 84.34
Exceptional Items 0 0 0 0 0
Profit Before Tax 139.75 223.82 306.36 195.06 438.18
Tax 47.76 75.18 60.26 51.88 111.08
Net Profit 91.99 148.64 246.1 143.18 327.11
Adjusted EPS (Rs.) 13.53 19.76 32.72 19.04 43.49

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 67.99 75.21 75.21 75.22 75.22
Total Reserves 634.34 1265.54 1501.47 1268.29 1581.72
Borrowings 0 0 0 0 0
Other N/C liabilities 308.69 393.99 115.15 107.71 101.08
Current liabilities 374.96 497.02 563.59 736.35 848.03
Total Liabilities 1385.98 2231.76 2255.41 2187.57 2606.05
Assets
Net Block 251.1 794.6 747.99 818.32 860.16
Capital WIP 53.83 63.51 156.52 97.47 49.54
Intangible WIP 0 0 0 0 0
Investments 0.03 0.03 0.03 0.03 0.03
Loans & Advances 298.85 310.45 31.74 26.47 23.62
Other N/C Assets 0.51 0.32 0.06 1.2 0.47
Current Assets 781.67 1062.86 1319.08 1244.07 1672.23
Total Assets 1385.98 2231.76 2255.41 2187.57 2606.05
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 139.75 223.82 306.36 195.06 438.18
Adjustment 28.99 74.67 61.83 63.24 76.85
Changes in Assets & Liabilities -91.91 25.68 63.77 -24.53 -368.09
Tax Paid -37.84 -75.39 -83.79 -45.06 -114.05
Operating Cash Flow 38.99 248.78 348.17 188.71 32.89
Investing Cash Flow -64.13 -106.02 -104.49 -67.37 -74.84
Financing Cash Flow -1.9 -23.3 -13.49 -378.75 -14.71
Net Cash Flow -27.04 119.46 230.19 -257.41 -56.66

Corporate Actions

Investors Details

PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Promoters 67.80 67.80 67.80 67.80 67.80
timken singapore p... 67.80 - - - -
timken singapore p... - 67.80 67.80 67.80 67.80
PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Investors 32.20 32.20 32.20 32.20 32.20
sbi nifty smallcap... - - - - 3.60
sbi multicap fund - - 3.16 3.26 -
hdfc mutualfund- ... 3.19 - - - -
hdfc tustee co ltd... - - - - -
sbi retirement ben... 2.90 - - - -
sbi retirement ben... - 2.84 - - -
manoway investment... - - - 2.69 2.69
hdfc mutual fund -... - 2.66 1.54 1.21 -
tricot investments... - - - - -
sundaram mutual fu... - - - - -
pgim india trustee... - 1.35 1.62 1.55 1.61
sbi small cap fund - - - - -
sundarammutual fun... - - - - -
life insurance cor... - - - - -
nippon life india ... - 1.42 1.43 1.43 1.43
nippon life india ... 1.40 - - - -
nippon life india ... - - - - -
nippon life india ... - - - - -
llp - 1.34 - 0.78 0.40
iepf 1.16 1.24 - - -
investor education... - - 1.24 - -
investor education... - - - - 1.23
pgim india trustee... 1.23 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Timken India informs about loss of share certificate(s)20 Jan 2023, 3:12PM Timken India planning to set up new manufacturing facility at Bharuch17 Nov 2022, 9:59AM Timken India - Quaterly Results31 Oct 2022, 7:04PM Timken India - Quaterly Results31 Oct 2022, 7:04PM Timken India informs about newspaper cutting16 Aug 2022, 1:44PM Timken India - Quaterly Results12 Aug 2022, 8:14PM Timken India - Quaterly Results12 Aug 2022, 8:14PM Timken India informs about newspaper publication1 Aug 2022, 2:40PM Timken India informs about AGM 29 Jul 2022, 1:21PM Timken India informs about loss of share certificate22 Jul 2022, 4:55PM Timken India informs about newspaper advertisement21 Jul 2022, 5:22PM Timken India informs about analyst meet 1 Jun 2022, 4:03PM Timken India - Quaterly Results27 May 2022, 9:00PM Timken India - Quaterly Results27 May 2022, 9:00PM Timken India informs about loss of share certificate22 Feb 2022, 4:56PM Timken India - Quaterly Results2 Feb 2022, 7:30PM Timken India - Quaterly Results2 Feb 2022, 7:30PM Timken India informs about voting results and scrutinizer's report24 Aug 2021, 4:33PM Timken India informs about auditor’s report19 Jun 2021, 11:19AM Timken India informs about board meeting26 May 2021, 12:18PM Timken India informs about loss of share certificate14 May 2021, 1:57PM Timken India submits certificate21 Apr 2021, 11:19AM Timken India informs about loss of share certificate6 Jan 2021, 11:22AM Timken India informs about closure of trading window30 Dec 2020, 4:14PM Timken India informs about disclosure22 Dec 2020, 4:43PM Timken India informs about disclosure18 Dec 2020, 10:30AM Timken India informs about continuation of shutdown of manufacturing operations22 Apr 2020, 12:01PM

Timken India Stock Price Analysis and Quick Research Report. Is Timken India an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a LOW P/E are undervalued (it depends on other factors too). Timken India has a PE ratio of 56.371493076293 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Timken India has ROA of 13.6475404449798 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Timken India has a Current ratio of 1.971906521734 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Timken India has a ROE of 21.8037003733435 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Timken India has a D/E ratio of 0.018 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Timken India has an Inventory turnover ratio of 4.75247789576768 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Timken India has reported revenue growth of 56.2008337350764 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Timken India for the current financial year is 23.1785040603764 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Timken India is 1.5 and the yield is 0.0491 %.

Brief about Timken India

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