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TIMKEN - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.5

Last Updated Time : 19 Mar 26, 07:11 pm

Fundamental Rating: 3.5

Stock Code TIMKEN Market Cap 25,240 Cr. Current Price 3,356 ₹ High / Low 3,610 ₹
Stock P/E 58.6 Book Value 368 ₹ Dividend Yield 1.08 % ROCE 20.9 %
ROE 17.0 % Face Value 10.0 ₹ DMA 50 3,226 ₹ DMA 200 3,117 ₹
Chg in FII Hold -0.45 % Chg in DII Hold 0.43 % PAT Qtr 49.8 Cr. PAT Prev Qtr 89.5 Cr.
RSI 55.2 MACD 67.4 Volume 52,313 Avg Vol 1Wk 1,34,829
Low price 2,200 ₹ High price 3,610 ₹ PEG Ratio 5.40 Debt to equity 0.01
52w Index 82.0 % Qtr Profit Var -32.9 % EPS 57.2 ₹ Industry PE 52.8

📊 Financials

  • Revenue Growth: Stable, though PAT declined (49.8 Cr vs 89.5 Cr)
  • Profit Margins: EPS at 57.2 ₹, showing profitability
  • Debt Ratios: Very low debt-to-equity (0.01), excellent financial discipline
  • Cash Flows: Healthy, supported by consistent profits
  • Return Metrics: ROCE 20.9% and ROE 17.0% indicate strong efficiency

💹 Valuation

  • P/E Ratio: 58.6, slightly higher than industry average (52.8), suggesting premium valuation
  • P/B Ratio: ~9.1 (Current Price / Book Value), expensive
  • PEG Ratio: 5.40, indicating overvaluation relative to growth
  • Intrinsic Value: Overvalued compared to peers despite strong fundamentals

🏢 Business Model & Health

  • Business Model: Bearings and mechanical components manufacturing, serving industrial and automotive sectors
  • Competitive Advantage: Strong brand reputation, niche expertise, and global presence
  • Overall Health: Financially sound with strong returns, but valuations stretched

🎯 Entry Zone Recommendation

  • Entry Zone: Attractive near 3,100–3,200 ₹ levels (close to DMA 200)
  • Long-Term Holding: Suitable for growth investors; dividend yield (1.08%) adds stability


✅ Positive

  • EPS of 57.2 ₹ reflects profitability
  • Strong ROCE (20.9%) and ROE (17.0%) show efficiency
  • Low debt-to-equity ratio ensures financial strength

⚠️ Limitation

  • P/E ratio higher than industry average
  • P/B ratio expensive compared to peers
  • Quarterly PAT dropped significantly (49.8 Cr vs 89.5 Cr)

📉 Company Negative News

  • FII holdings decreased (-0.45%), showing reduced foreign investor confidence
  • Quarterly profit decline highlights volatility

📈 Company Positive News

  • DII holdings increased (+0.43%), showing domestic institutional support
  • Technical indicators (RSI 55.2, MACD 67.4) suggest improving momentum

🏭 Industry

  • Capital goods industry P/E: 52.8, slightly lower than TIMKEN’s valuation
  • Sector demand driven by industrial expansion and automotive growth

🔎 Conclusion

  • TIMKEN is financially strong with consistent profitability and low debt
  • Valuation is expensive compared to industry peers
  • Best suited for long-term investors seeking growth exposure; entry near 3,100–3,200 ₹ offers better risk-reward

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