Timken India earnings calls.

Timken India reported Q3 FY26 revenue of Rs. 764.4 crore, up 13.8Current reported value: 13.8. No comparable prior figure is available in the source record.% YoY, driven by growth across all segments—mobile/others led at Rs. 167.1 crore (+20% YoY), followed by rail at Rs. 128.6 crore (+10.5% YoY), distribution at Rs. 138 crore (+8.5% YoY), and exports at Rs. 159 crore (+4% YoY). However, PBT margin compressed significantly due to three one-time transitional impacts: Bar plant ramp-up costs (~170bps), new labor code provisions (~60bps), and reduced other income from lower investable capital (~120bps). Excluding these, underlying PBT would have been ~13Current reported value: 13. No comparable prior figure is available in the source record.%, only modestly below prior year. The new Bar facility (Baramati) contributed ~Rs. 15 crore revenue with full depreciation on Rs. 750 crore capex; management targets >50% utilization exit this fiscal. GGB acquisition (annual run-rate ~Rs. 55Current reported value: 55. No comparable prior figure is available in the source record. crore, PBT ~Rs. 19.5 crore) is consolidating. Management sees recent US and EU trade deal developments as potential tailwinds but awaits fine prints. Margin expansion to 17-18% remains dependent on Bar plant ramp-up execution and trade deal implementation timelines—13.8% PBT marginCurrent reported value: 13.8% PBT margin. No comparable prior figure is available in the source record. this quarter versus 15.9%Current reported value: 15.9%. No comparable prior figure is available in the source record. year-ago highlights near-term pressure. Key risk: execution uncertainty on new plant PAPs and customer approvals amid tariff policy ambiguity.