Timken India Ltd.

NSE: TIMKEN | BSE: 522113 | ISIN: INE325A01013 |Industry: Industrial Machinery
|Expensive Performer

Timken India Ltd.    
17 Nov 2017
1085.70
-1.96%
ICICI Securities Limited
Revenues came in at | 310.2 crore, up 9.8% YoY. We estimated revenues of | 308.2 crore for the quarter EBITDA increased 13.1% YoY to | 53.8 crore as the company reported steady EBITDA margins of 17.3% in Q2FY18. We expected margins of 16.9% for the quarter PAT increased 24.7% YoY to | 37.3 crore as the company reported higher other income of | 14.8 crore vs. | 1.7 crore in Q2FY17 Exports, mobile segment strong, new opportunity to open up in railways...
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Timken India Ltd. is trading above all available SMAs
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