Timken India Ltd.

NSE: TIMKEN | BSE: 522113 | ISIN: INE325A01013 |Industry: Industrial Machinery
|Expensive Performer
1069.55 33.65 (3.25%)
NSE Oct 19, 2020 15:31 PM
Volume: 23,789
 

Timken India Ltd.    
16 Aug 2018
1069.55
3.25%
ICICI Securities Limited
Timken India reported stellar Q1FY19 numbers that were above our estimates. Revenues came in strong at | 383.4 crore, up 27.8% YoY. We had estimated ~14% topline growth at | 341 crore Absolute EBITDA increased 40% YoY to | 59.3 crore. EBITDA margins came in at 15.5% vs. 14.1% YoY. Higher EBITDA margins were primarily due to lower other expenses, 18.3% of topline vs. 21.3% in Q1FY18. Gross margins fell ~200 bps YoY. Employee...
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Timken India Ltd. has gained 30.72% in the last 6 Months
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