Timken India Ltd.Q2 revenue +25%, PAT +30%, Bharuch ramps to ~60%

Timken India's Q2 FY27 call, held on 30 October 2026, reported standalone revenue of ₹969 crore, up 25.4% on the year and 4.3% on the quarter, PBT of ₹156 crore, up 29.5%, at a 16.1% margin, and profit after tax of ₹116 crore, up 29.7%, with an EBITDA margin of about 19.2%.

Consolidated revenue was ₹986 crore and profit after tax ₹120 crore. Exports were ₹262.7 crore, 27% of revenue, while rail was only 16% because a rail tender was delayed. Gross margin was hit by about 130 basis points, half from mix and half from the timing of price recovery as carbide, steel, gas and labour costs rose. The new Bharuch plant earned about ₹75 crore and ran at about 60% utilisation, with its roller bearing lines for industrial customers at 70% and below 60%; management expects 70% to 75% by year end.

A rail line expansion at Jamshedpur starts trial runs in November and December, and the merger of Timken GGB Technology into the company is progressing through the regulatory process.