Timken India (522113) Q4 2009 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 2009 earnings summary
28 Oct, 2026Executive summary
FY2009 results weakened amid recession-driven export declines and below-capacity Jamshedpur operations; cost control and working-capital discipline supported positive operating cash flow.
Focus areas for 2010: cash conservation, cost management, customer service and profitable growth in industrial and services markets.
Financial highlights
Net sales of products were Rs 29,708 lakh, down 23% YoY; total net sales/income was Rs 33,103 lakh versus Rs 42,743 lakh in 2008.
PBT fell 42% to Rs 4,491 lakh from Rs 7,791 lakh; PAT was Rs 3,253 lakh versus Rs 5,300 lakh.
Gross profit was Rs 5,569 lakh versus Rs 8,900 lakh; earnings before interest, tax and prior-period items were Rs 4,535 lakh versus Rs 7,854 lakh.
No equity dividend was recommended for 2009.
Outlook and guidance
2010 opportunities expected in industrial, rail and automotive markets as production and demand firmed; no marked improvement in exports was indicated.
Priorities included inventory, receivables and operating-cost control, alongside profitable growth, stronger market reach and customer service.
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