Timken India Profile
Key Indicators
- Authorised Capital ₹ 113.00 Cr
- Paid Up Capital ₹ 75.22 Cr
- Company Age 28 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 132.72 Cr
- Revenue Growth 28.96%
- Profit Growth 19.46%
- Ebitda 9.73%
- Net Worth 22.95%
- Total Assets 16.53%
About Timken India
Timken India Limited (TIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 December 1996 and has a history of 28 years and two months. Its registered office is in Bangaluru, Karnataka, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522113 and on the National Stock Exchange(NSE) under TIMKEN.
The Corporate was formerly known as Tata Timken Limited. The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 113.00 Cr and a paid-up capital of Rs 75.22 Cr.
The company has closed loans amounting to ₹132.72 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Timken India Limited India are Avishrant Keshava as CFO and Mandar Vasmatkar as Company Secretary. Soumitra Hazra, Douglas Smith, Ajay Sood, and Five other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Timken India Limited offer?
Timken India Limited offers a wide range of products and services, including Ball Bearings and Bearing Assemblies, Cylindrical Roller Bearing, Ball Bearings, Sheet Metal & Turned Components, Machine Parts, Intelligence and Spying Devices, Spy Surveillance Equipment, Industrial Bearings, Roller Bearings, Engine & Engine Spare Parts.
Who are the key members and board of directors at Timken India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Koul  | Managing Director | 26-Oct-2012 | Current |
| Avishrant Keshava | CFO | 30-Sep-2015 | Current |
| Mandar Vasmatkar | Company Secretary | 01-Oct-2019 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Douglas Smith  | Director | 07-Feb-2020 | Current |
| Ajay Sood | Director | 01-Oct-2023 | Current |
| Soumitra Hazra | Director | 05-Jun-2024 | Current |
| Avishrant Keshava | Director and Cfo | 30-Sep-2015 | Current |
| Hansal Patel | Director | 01-Jun-2022 | Current |
| George Ollapally | Director | 01-Jun-2022 | Current |
Financial Performance of Timken India.
Timken India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.96% increase. The company also saw a substantial improvement in profitability, with a 19.46% increase in profit. The company's net worth Soared by an impressive increase of 22.95%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Timken India?
In 2023, Timken India had a promoter holding of 67.80% and a public holding of 32.19%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Timken Ggb Technology Private LimitedAvishrant Keshava is a mutual person
Timken Engineering And Research - India Private LimitedSanjay Koul is a mutual person
Gilbert Tweed International Private LimitedAjay Sood is a mutual person
Charges (Loans)
₹0
₹132.72 Cr
Charges Breakdown by Lending Institutions
- Others : 70.22 Cr
- State Bank Of India : 36.50 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 13.00 Cr
- The Hongkong And Shanghai Bankig Corporation Limited : 13.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Dec 2010 | Others | ₹70.22 Cr | Satisfied |
| 21 Feb 2005 | The Hongkong And Shanghai Banking Corporation Limited | ₹13.00 Cr | Satisfied |
| 21 Feb 2005 | The Hongkong And Shanghai Bankig Corporation Limited | ₹13.00 Cr | Satisfied |
| 10 Mar 2004 | State Bank Of India | ₹23.50 Cr | Satisfied |
| 21 Feb 1992 | State Bank Of India | ₹13.00 Cr | Satisfied |
How Many Employees Work at Timken India?
Timken India has a workforce of 938 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Timken India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Timken India's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
