Auto ancillary stocks have taken a hit in the recent market correction.
But is this fall a warning sign… or a rare buying opportunity?
Because here’s what’s interesting — despite the dip in prices, the core fundamentals of these companies remain strong.
These are the silent enablers of the auto revolution — powering EVs, autonomous tech, and premium components. And as the world accelerates toward smarter mobility, their relevance is only going to grow.
In fact, many of these players are quietly gearing up for their next big leap.
One such stock that’s corrected meaningfully is Timken India.
What’s behind the fall? And is there still long-term potential?
Let’s dive in.
About Timken India
Timken India, a subsidiary of The Timken Company, specialises in anti-friction bearings and mechanical power transmission products.
Established in 1987 as Tata Timken, it became Timken India in 1999. It has manufacturing plants in Jamshedpur and Bharuch, along with a technology center in Bangalore.
In 1999, Timken acquired from Tata Steel its 40% stake in Tata Timken. The name was changed to Timken India in July 1999.
Why Timken India Share is Falling
In the past 5 trading sessions, Timken share price has fallen more than 10%.
Timken India Share Price
The recent decline comes after the company posted a muted show in Q1.
Timken India posted an 8% year-on-year increase in net profit for the first quarter of FY26, with earnings rising to Rs 104 crore from Rs 96.3 crore a year ago.
The profit growth comes on the back of modest gains in revenue and largely steady operational performance.
Revenue for the quarter rose 3.2% to Rs 809 crore, compared to Rs 784 crore in the same period last year, reflecting stable demand across its industrial bearings and mechanical power transmission segments.
The company’s EBITDA margin stood at 17.6%, slightly lower than the 18% reported a year earlier.
Timken India Q1FY26 Financial Snapshot
| Particulars (in Rs Cr) | Q1FY26 | Q1FY25 | Q4FY25 | YoY | QoQ |
| Revenue | 809 | 784 | 940 | 3% | -14% |
| EBITDA | 142 | 141 | 210 | 1% | -32% |
| Margin (%) | 18% | 18% | 22% | – | – |
| Net Profit | 104 | 96 | 187 | 8% | -44% |
Source: Company
Strong Runway Ahead
While recent performance shows a muted show, the company has some long term growth plans which could improve its fortunes.
With new manufacturing hubs in Bharuch and Jamshedpur, the company is doubling down on high-performance bearings used across railways, autos, and heavy machinery. And export growth? That’s been a major tailwind too.
What sets Timken apart is its edge in advanced bearing tech and power transmission. Add to that its lean operations, tight cost controls, and value-added services — and you’ve got a company gearing up for long-term, scalable growth.
For calendar year 2025, Timken’s roadmap is crystal clear: expand capacity, sharpen innovation, and deepen its market presence.
A new plant near its Bharuch facility is already underway — this one will cater to rising demand for spherical and cylindrical roller bearings, critical for gear drives, compressors, pumps, and heavy-duty machines. The launch is expected later this year.
Beyond traditional markets, Timken is actively eyeing railway electrification and the EV ecosystem as next-gen growth frontiers.
And with a renewed focus on high-tech, precision motion systems, the company is quietly positioning itself at the heart of India’s industrial transformation.
Timken India Shareholding Pattern
As of June 2025, promoters of Timken India hold 51.1% stake in the company, followed by mutual funds at 23.1%.
Timken Shareholding Summary
Source: BSE
Conclusion
Auto ancillary stocks may be down but they’re far from out.
This recent dip doesn’t take away from the rock-solid fundamentals many of these companies are built on.
As the auto industry shifts into high gear with EVs, connected tech, and next-gen mobility, ancillary players will remain mission-critical to the transformation.
For smart investors, market corrections often open rare windows of opportunity. And this could be one of them.
But a word of caution — not every dip is worth buying. Look deeper. Study the company’s financial health, leadership quality, and long-term vision before you commit.
Because in this space, selectivity is everything.
Happy Investing.
Disclaimer Note: The securities quoted, if any, are for illustration only and are not recommendatory. This article is for education purposes only and shall not be considered as a recommendation or investment advice by Equentis – Research & Ranking. We will not be liable for any losses that may occur. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI, membership of BASL & certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.
Yash Vora is a financial writer with the Informed InvestoRR team at Equentis. He has followed the stock markets right from his early college days. So, Yash has a keen eye for the big market movers. His clear and crisp writeups offer sharp insights on market moving stocks, fund flows, economic data and IPOs. When not looking at stocks, Yash loves a game of table tennis or chess.
