Sanjay Koul on cost inflation
From Timken India Q4 FY26 Earnings Conference Call | Concall.in · · Concall
“We are at 10% currently so the massive work is underway and then the currency also there's an impact on currency as well so currency deterioration is there. On our cost passing the exercise both in terms of giving cost and taking the price the job has started from middle of April in a very serious note both of giving and collecting.”
On , Sanjay Koul, President of India & Southeast Asia and MD of India at TIMKEN CO, spoke about cost inflation during Timken India Q4 FY26 Earnings Conference Call | Concall.in on Concall.
About Sanjay Koul
Sanjay Koul, Chairman and Managing Director of Timken India, stated on the company’s Q4 FY26 earnings call that the company achieved a milestone by crossing ₹1,000 crore in quarterly revenue for the first time, with revenue from operations reaching ₹10,731 million, a 14.2% increase over the same period last year. He noted that demand is not a current concern, but identified cost escalation and passing it on to customers as the top priority, along with ramping up the new Baru plant and pursuing further expansion projects. Koul said the board approved the merger of Timken GGB with Timken India, which he described as a move to drive operational synergies and reduce costs. Koul reported that approximately 65% of the company’s sales in FY26 were produced domestically, with 35% imported, and that the company is also exporting a similar volume. He said the company aims to grow revenue faster than the market and to pass on cost pressures, while pursuing continuous improvement in manufacturing. Koul identified process industries and distribution as areas of strong growth, followed by rail and mobile sectors. He also noted that the Middle East conflict had no significant financial impact on the quarter, but that input costs are rising, and the company is working on mitigation through cost reduction and customer engagement.