Timken India Share Price Target 2026, 2027, 2028, 2029, 2030
- Market Cap
- ₹24,310 Cr
- Book Value
- ₹395
- Stock P/E
- 59.4
- Dividend Yield
- 0.08%
- ROE
- 13.7%
- ROCE
- 18.3%
- PEG Ratio
- 2.62
- EV/EBITDA
- 36.0
Fundamentals from Screener.in, as of 5 Aug 2026. Live price via Yahoo Finance.
Technical snapshot
EOD ·Timken India Ltd closed at ₹3,231.80 on 19 August 2026, down 2.1% on the day, 3.0% below its 50-day average, 17.7% below its 52-week high, with volume at 1.28× its 20-session average.
- RSI 14
- 47.3
- vs 50-day SMA
- -3.0%
- vs 200-day SMA
- -1.4%
- From 52-week high
- -17.7%
- Relative volume
- 1.28×
- 20-day return
- +5.2%
End-of-day prices from exchange-published files (NSE/BSE bhavcopy), updated after market close. Descriptive statistics, not investment advice.
Timken India share price today
Timken India (NSE: TIMKEN) makes the bearings that carry the heaviest loads: tapered roller bearings for railway wagons and locomotives, trucks, and process industries — a technology the American parent invented in 1898 and still leads. The India entity is doubly strategic: the domestic franchise rides Indian rail’s wagon-building boom and freight-corridor buildout, while the plants serve as a global export hub inside Timken’s world network.
The numbers show a franchise mid-investment: 22.7% five-year profit CAGR, though TTM growth is flat with the freight cycle, and ROCE of 18.3% carries new-capacity absorption. At 59.4×, this structural rail story is priced for the cycle’s next leg.
Rail’s bearing annuity
Every wagon in India’s record rolling-stock orders carries taper bearings, every one wears out on schedule, and the certified-vendor list is short — demand is policy-visible for a decade of freight-corridor and Vande Bharat programs. The aftermarket (railways re-bearing wagons perpetually) is the annuity beneath the OEM cycle. Exports balance the mix: parent-directed production for global markets uses Indian cost curves against developed-market pricing.
What matters next: wagon-order execution by railways (the demand pipe), the currently flat freight cycle, parent-related export transfer pricing, and new-capacity utilisation ramping.
The numbers
Financial snapshot — 5 August 2026
| Metric | Value |
|---|---|
| Market cap | ₹24,310 Cr |
| P/E (TTM) | 59.4 |
| EV/EBITDA | 36.0 |
| Operating margin | 18.1% |
| ROE / ROCE | 13.7% / 18.3% |
| Debt to equity | 0.00 |
| Sales CAGR (5y) | 19.4% |
| Profit CAGR (5y) | 22.7% |
| Promoter holding | 51.1% |
| EPS (TTM) | ₹54.41 |
Timken India share price target 2026 to 2030
EPS base ₹54.41 (TTM). Bear: freight stays flat, capacity digests slowly — 8% growth, multiple at 34×. Base: rail orders convert and exports ramp — 14% growth at 46×. Bull: freight-corridor era plus export-hub scaling — 19% growth at 58×.
From ₹3,232, the base case is ≈ +49% over four and a half years; the bear is −16%. Rail-policy visibility earns bearings a premium, but the scenario spread shows the cost when freight or capacity utilisation takes longer to improve.
What supports the case
- Rail’s bearing franchise — record wagon orders all carry its product.
- The aftermarket re-bearing annuity runs beneath every OEM cycle.
- Export-hub status inside the parent’s global network adds a second engine.
- Zero debt through a capacity-investment phase.
- Certified-vendor scarcity in safety-critical rail components.
The risks: the freight cycle is currently flat, 59× needs the next demand leg to arrive on time, and MNC transfer-pricing on exports warrants the standing minority watch.
What to weigh at the current price
The tension is whether wagon orders, aftermarket demand and export-hub utilisation can lift growth before a flat freight cycle exposes how much 59.4× already assumes.
FAQ
What is the Timken India share price target for 2030? The table above sets out bear, base and bull scenarios for each year to 2030. They are valuation sensitivities, not promised prices.
Why tapered roller bearings specifically? They handle combined radial and axial loads — axles, gearboxes, heavy transmissions — the geometry Timken invented and still leads globally. Rail wagons are their natural habitat.
What is the export-hub angle? The parent routes global production through Indian plants for cost advantage — export revenue diversifies domestic cycles, at margins set by intra-group pricing (worth watching, as with all MNC hubs).
When are Timken India’s next results? Check the results calendar and confirm the announced date in the relevant exchange filing.
This article is research and education, not personalised investment advice. We are not SEBI-registered advisers. Price targets are scenario arithmetic, not promises. Do your own research and consult a registered adviser before acting.