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Timken India - Quaterly Results

31 Oct 2022 Evaluate
The company witnessed a 24.65% growth in the revenue at Rs. 6954.00 millions for the quarter ended September 2022 as compared to Rs. 5579.00 millions during the year-ago period.Modest increase of 23.23% in the Net Profit was reported from. 792.00 millions to Rs. 976.00  millions.The company reported a good operating profit of 1536.00 millions compared to 1276.00 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 6954.00 5579.00 24.65 13946.00 10257.00 35.97 22032.00 14105.00 56.20
Other Income 215.00 38.00 465.79 321.00 67.00 379.10 143.00 196.00 -27.04
PBIDT 1536.00 1276.00 20.38 3358.00 2232.00 50.45 5249.00 2714.00 93.40
Interest 5.00 4.00 25.00 9.00 8.00 12.50 24.00 14.00 71.43
PBDT 1531.00 1272.00 20.36 3349.00 2224.00 50.58 5225.00 2700.00 93.52
Depreciation 217.00 205.00 5.85 435.00 404.00 7.67 843.00 749.00 12.55
PBT 1314.00 1067.00 23.15 2914.00 1820.00 60.11 4382.00 1951.00 124.60
TAX 338.00 275.00 22.91 757.00 461.00 64.21 1111.00 519.00 114.07
Deferred Tax 13.00 -12.00 -208.33 -9.00 -47.00 -80.85 -43.00 -54.00 -20.37
PAT 976.00 792.00 23.23 2157.00 1359.00 58.72 3271.00 1432.00 128.42
Equity 752.00 752.00 0.00 752.00 752.00 0.00 752.00 752.00 0.00
PBIDTM(%) 22.09 22.87 -3.43 24.08 21.76 10.65 23.82 19.24 23.82
Peers
Company Name CMP
Schaeffler India 3948.75
Timken India 3300.35
SKF India 1528.60
NRB Bearings 515.05
Menon Bearings 298.00
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