
Timken India vs Carborundum vs TD Power: Which Stock Should You Track
Timken India PE 54.70, mkt cap Rs 23,310 crore. Carborundum Universal PE 128.16, mkt cap Rs 24,074 crore. TD Power Systems PE 88.93, mkt cap Rs 24,468 crore.
Updated: 8 Oct 2026 • 11:17 am
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Quick Answer
Timken India vs Carborundum Universal vs TD Power Systems is a side-by-side comparison of three companies from the Industrial Products space. On this comparison, Timken India carries a market capitalisation of about Rs 23,310 crore against Rs 24,074 crore for Carborundum Universal and Rs 24,468 crore for TD Power Systems, with return on equity of 14.23%, 6.57% and 22.28% respectively. Each company's numbers are presented here without a declared better pick, since the right stock depends on an investor's own criteria.
Timken India vs Carborundum Universal vs TD Power Systems starts with the core numbers most investors compare within the Industrial Products segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of October 2026 and will shift with daily price moves.
All three names sit in the Industrial Products bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.
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Timken India, Carborundum Universal and TD Power Systems: Company Overview
Timken India is a listed Indian company in the Industrial Products space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Carborundum Universal is a listed Indian company in the Industrial Products space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
TD Power Systems is a listed Indian company in the Industrial Products space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Timken India vs Carborundum Universal vs TD Power Systems: Valuation and Profitability Snapshot
| Metric | Timken India | Carborundum Universal | TD Power Systems |
|---|---|---|---|
| Market Cap (approx.) | Rs 23,310 crore | Rs 24,074 crore | Rs 24,468 crore |
| PE Ratio (TTM) | 54.70 | 128.16 | 88.93 |
| PB Ratio | 8.00 | 6.18 | 21.34 |
| Return on Equity (ROE) | 14.23% | 6.57% | 22.28% |
| EPS (TTM, Rs) | 56.65 | 9.86 | 8.77 |
| Dividend Yield | 0.08% | 0.32% | 0.04% |
| Debt to Equity | 0.01 | 0.11 | 0.02 |
| Book Value per Share (Rs) | 387.48 | 204.58 | 36.56 |
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On valuation, Timken India trades at a PE of 54.70 and a PB of 8.00, Carborundum Universal at a PE of 128.16 and a PB of 6.18, while TD Power Systems trades at a PE of 88.93 and a PB of 21.34. On return on equity, the three post 14.23%, 6.57% and 22.28% respectively, and on dividend yield they stand at 0.08%, 0.32% and 0.04%.
Timken India vs Carborundum Universal vs TD Power Systems: Latest Quarterly Results
| Company | Latest Quarter Revenue | Latest Quarter Net Profit | YoY Change (Revenue) | QoQ Change (Revenue) |
|---|---|---|---|---|
| Timken India | Rs 954.05 crore | Rs 119.66 crore | +14.5% | -12.5% |
| Carborundum Universal | Rs 1,471.33 crore | Rs 80.34 crore | +18.9% | +3.5% |
| TD Power Systems | Rs 642.67 crore | Rs 86.29 crore | +71.0% | +7.6% |
Quarterly figures above are the most recent reported quarter for each company (Q1 FY27, quarter ended June 2026), compared with the year-ago and preceding quarter.
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What Should Investors Look at Beyond These Numbers?
Beyond the metrics above, investors comparing these three industrial products names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and any sector-specific regulatory developments, since a single-quarter snapshot can shift quickly.
Conclusion
Timken India vs Carborundum Universal vs TD Power Systems highlights how differently three companies in the same industrial products segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information as of October 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Timken India vs Carborundum Universal vs TD Power Systems
What is the market cap difference between Timken India, Carborundum Universal and TD Power Systems?
Ans. As of October 2026, Timken India has a market cap of approximately Rs 23,310 crore, Carborundum Universal is at approximately Rs 24,074 crore, and TD Power Systems is at approximately Rs 24,468 crore.
Which of the three has the highest PE ratio?
Ans. Among Timken India, Carborundum Universal and TD Power Systems, the PE ratios stand at 54.70, 128.16 and 88.93 respectively as of October 2026.
Which of the three has the highest ROE?
Ans. Timken India, Carborundum Universal and TD Power Systems post ROE of 14.23%, 6.57% and 22.28% respectively as of October 2026.
Which of these three stocks pays the highest dividend yield?
Ans. Timken India, Carborundum Universal and TD Power Systems carry dividend yields of 0.08%, 0.32% and 0.04% respectively.
What is the debt to equity ratio for Timken India, Carborundum Universal and TD Power Systems?
Ans. Timken India carries a debt to equity of 0.01, Carborundum Universal of 0.11, and TD Power Systems of 0.02.
Which of the three trades at the highest price to book value?
Ans. Timken India, Carborundum Universal and TD Power Systems trade at price to book ratios of 8.00, 6.18 and 21.34 respectively.
Is one of Timken India, Carborundum Universal or TD Power Systems better than the others?
Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor's own criteria and research.
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