What we do Timken India Ltd manufactures and sells anti-friction bearings, components, and mechanical power transmission products serving diverse industrial sectors. |
Founded in 1,987 |
Market share Strong player in India’s engineered bearings market with growing export footprint and strategic acquisitions. |
Problem solved Provides reliable bearing solutions and maintenance services enhancing machinery efficiency and lifespan. |
Top clients or who we serve Serves OEMs and industrial customers in steel, railways, renewable energy and manufacturing sectors (B2B). |
Key management - |
Our journey and innovations Founded in 1987, expanded through acquisitions, capacity expansions, Lean Six Sigma adoption, and new product innovations like smaller tapered roller bearings. |
Where we operate Primarily India with export markets; manufacturing in Jamshedpur and Bharuch plants. |
Top products or what we offer Tapered roller bearings, spherical and cylindrical roller bearings, bearing components & accessories, refurbishment services. |
Top brands Timken engineered bearings - Known for quality and durability in industrial and rail sectors. |
Raw materials needed Steel and alloy materials for bearing manufacturing. |
Raw materials supplier Various steel and alloy suppliers, procurement details not specified. |
Recurring vs cyclical contribution Revenue is mainly from recurring sales and maintenance contracts, alongside cyclical industrial demand. |
Our industry position Leading manufacturer in India’s bearing industry with diversified product offerings and strong export presence. |
Financial highlights Revenue Rs 3147.81 Crores with Net Profit Rs 447.39 Crores for FY 2024-25; 8.2% revenue growth year on year. |
Geographical revenue split About 81% revenue from India and 19% from outside India markets as of FY 2024-25. |
Order book - |
Whats driving growth Domestic industrial demand, export growth, capacity expansions and new service contracts drive growth. |
Our future plans New Bharuch facility operational; 120 Crores investment to expand Jamshedpur capacity by 2027. |
Our green promise Focuses on sustainability through Lean Six Sigma and CSR initiatives supporting environmental and social causes. |
Our people and values Values skilled workforce, strong governance, diversity and workplace safety with anti-harassment policies. |
Key challenges ahead Managing input costs, competitive pressures and integrating expansions while maintaining profitability. |
Interesting facts First to introduce wheel repair kits in India; Lean Six Sigma awarded for operational excellence. |
Risks and strategy Mitigates risks via enterprise risk management and cost control strategies; maintains debt-free balance sheet. |
