What is CAGR? What does CAGR table indicate for Timken India Ltd?

Compounded average growth rate (CAGR) measures the average annual growth rate compounded year-on-year over a period of time.

Timken India Ltd Stock Analysis

Mid Cap

Evaluated by 1721 users | BSE: 522113 | NSE: TIMKEN |
Bearings

Decision Maker

Standalone basis

The valuation guidance of this company is based on Standalone basis.

1. Right Stock

2. Right Price

Price Chart

3. Right Time

10 Year X-Ray

Standalone basis Standalone basis P Consolidated basis

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

What is a Financial Track Record? How to read this chart in order to understand the data present here?

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Timken India Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation Value Creation Index Colour Code Guide

	Dec'10	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20
Return on Capital Employed	14.05%	23.1%	13.49%	12.2%	19.52%	19.35%	16.62%	13.99%	14.24%	16.64%
Value Creation Index	NA	0.93	0.12	0.02	0.63	0.61	0.39	0.17	0.19	0.39

Growth Parameters	Growth Parameters Colour Code Guide

Net Sales (Rs. Cr.)	463	665	689	720	929	1,051	1,056	1,233	1,664	1,618
Y-o-Y Gr. Rt.	-	43.6%	3.6%	4.6%	29%	13.1%	0.5%	16.8%	34.9%	-2.8%
Adjusted EPS (Rs.)	7.73	10.16	6.94	6.43	11.81	13.78	14.1	13.7	19.55	32.5
Y-o-Y Gr. Rt.	-	31.4%	-31.7%	-7.4%	83.7%	16.7%	2.3%	-2.8%	42.7%	66.2%
Book Value per Share (Rs.)	59.73	39.31	53.59	56.23	64.49	77.96	90.88	103.3	178.27	209.64
Adjusted Net Profit	49.3	64.8	44.2	43.7	80.3	93.7	95.9	93.2	147	244
Net Op. Cash Flow (Rs. Cr.)	38.4	27.3	13.1	43.6	42.5	101	164	39	249	357
Debt to Cash Flow from Ops	0	0.43	0	0.07	0.06	0.04	0.05	0.41	0.09	0.06

Difference between Standalone Basis and Consolidated basis? Which method is preferred for Timken India Ltd. ?

Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.

Timken India Ltd. should be analysed on a Standalone basis

CAGR CAGR Colour Code Guide

	9 yrs	5 yrs	3 yrs	1 yr
Net Sales	14.9%	11.7%	15.3%	-2.8%
Adjusted EPS	17.3%	22.4%	32.1%	66.2%
Book Value per Share	15	26.6	32.1	17.6
Share Price	22.9%	18.7%	23.7%	63.5%

Key Financial Parameter	Performance Ratio Colour Code Guide

	Dec'10	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20
Return on Equity (%)	13.88	23.34	13.52	12.08	19.56	19.35	16.7	14.12	14.39	16.75
Operating Profit Margin (%)	13.9	13.55	10.85	10.06	14.41	15.44	14.96	13.38	17.35	22.45
Net Profit Margin (%)	10.64	9.75	6.42	6.07	8.64	8.92	9.08	7.55	8.83	15.11
Debt to Equity	0	0.05	0	0.01	0.01	0.01	0.01	0.02	0.02	0.01
Working Capital Days	180	142	195	210	236	244	208	215	238	263
Cash Conversion Cycle	51	45	78	92	80	76	66	64	65	69

Management X-Ray

Corporate Governance What do we look at?

Corporate Governance

Board Credentials

Promoter's holding

Transparency

Integrity

Shareholding Pattern

Entity	Percentage Holding
Promoters	67.80%
Institutions	14.35%
Non-Institutions	17.85%

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

FAQs

1. Is Timken India Ltd a good quality company?

MoneyWorks4Me analysed the past 10-year performance of Timken India Ltd and arrived at the following conclusion:

Past 10 year's financial track record indicates that Timken India Ltd is a good quality company. However, for specific investment actions please connect with your investment advisor.

2. Is current market price of Timken India Ltd a good price to buy it?

The 5-year analysis of Timken India Ltd's performance infers:

Timken India Ltd earnings have grown by 22.4%, whereas share price has appreciated 18.7% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

3. What is Timken India Ltd share price return in the past 10 years ?

We analysed the performance of Timken India Ltd share prices over the last 10 years. Here is what we found out:

Timken India Ltd share price has appreciated 20.5% annually over the past ten years.

About Company

Timken India Ltd., (TIL) a Timken Company subsidiary, started manufacturing bearings in India nearly three decades ago and today has state-of-the-art manufacturing plants in Jamshedpur and Bharuch to serve local bearing market needs and beyond. Employing the highly collaborative technical selling model for which Timken is known, the India team works directly with large OEM customers and with end users through a network of authorized distributors to make design and application recommendations to optimize performance and reliability. The Timken Technology Centre in Bangalore, one of four such centres in the world, provides customers access to engineering expertise and the latest technological advancements. It also offers a breadth of bearing repair and related mechanical power transmission services to its customers. Timken India was incorporated in 1987 as Tata Timken Limited (TTL), a joint venture between Tata Iron and Steel Company (TISCO) and The Timken Company, a world leader in bearings. It commenced commercial production at its Jamshedpur plant in March 1992. The Timken Company is a world leader in tapered roller bearings.

Business area of the company

The company actively operates in Indian anti-friction bearings, mechanical power transmission products and related services business.

Products and services of the company

The company offers a growing portfolio of engineered bearings, mechanical power transmission products and industrial services to keep industries moving efficiently and reliably.

Awards

2017-18

Best safety award from JSW, Bellary MILLTEC site.
Sustainability Award from Mahindra and Mahindra.
Sustainable supplier award from TATA motors.
Quality Focus, responsiveness and cost efficiency award from Spicer India.
Platinum award for Delivery by Automotive Axles.
Hallmark International Railway Industry Standard (IRIS) certification highly valued by global rail customers.
Winner of Kaizen and Poka-yoke competition in Confederation of Indian Industries.
Silver certificate of merit for manufacturing excellence by Frost & Sullivan & FICCI.

2018-19

On-Time delivery award by Terex in Sept’18
Received Authorized Economic Operator (AEO) certificate from Central Board of Excise & Customs.

2019-20

Excellence in Manufacturing from Indo-American Corporate Excellence Award.
DL Shah Quality Award- Silver award for 'The Yield and Productivity Improvement’.
Award for Energy Efficiency in Supply Chain by Tata Motors.
Recipient of the award for Best Supplier from TATA Motors.
Dana award for Expand Global Markets, recognizing successful and substantial efforts put in by a Supplier to support them across platforms and geographies.
GE India conferred 'Best Supplier Support' award Opportunities.

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