WEBSITE BSE:500414 NSE: TIMEX GROUP Inc. Year: 1988 Industry: Watches & Accessories
Last updated: 11:28
Timex Group India Ltd (TGIL) is engaged in designing, production and advertising of timepieces and jewellery globally. The Company is engaged within the business of producing and trading of watches and rendering of associated after sales service. The Company additionally offers accounting and IT support services to organization groups. The Company's segments encompass Watches and Others. The Watches segment is engaged within the production and buying and selling of watches. The Others phase is engaged in presenting IT and finance associated bac...Read More
Timex Group India Ltd (TGIL) is engaged in designing, production and advertising of timepieces and jewellery globally. The Company is engaged within the business of producing and trading of watches and rendering of associated after sales service. The Company additionally offers accounting and IT support services to organization groups. The Company's segments encompass Watches and Others. The Watches segment is engaged within the production and buying and selling of watches. The Others phase is engaged in presenting IT and finance associated back office guide to different organization businesses. The Company's manufacturers consist of Timex, Helix, SALVATORE FERRAGAMO and VERSACE. The Company's production centres are positioned at Baddi, Himachal Pradesh. It is a subsidiary of Timex Group Luxury Watches B.V. ...Read Less
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Market Cap ₹3113 Cr.
Stock P/E 99.1
P/B 25.4
Current Price ₹308.4
Book Value ₹ 12.1
Face Value 1
52W High ₹421
Dividend Yield 0%
52W Low ₹ 146.9
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 126 | 94 | 92 | 109 | 174 | 120 | 135 | 169 | 244 | 151 |
| Other Income | 1 | 0 | 1 | 1 | 0 | 0 | 1 | 0 | 0 | 1 |
| Total Income | 127 | 95 | 94 | 109 | 174 | 120 | 136 | 169 | 244 | 152 |
| Total Expenditure | 110 | 95 | 82 | 104 | 149 | 116 | 121 | 147 | 201 | 141 |
| Operating Profit | 17 | -0 | 11 | 5 | 25 | 5 | 15 | 22 | 43 | 10 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3 |
| Profit Before Tax | 15 | -2 | 9 | 3 | 24 | 3 | 13 | 20 | 41 | 5 |
| Provision for Tax | 4 | -1 | 2 | 1 | 6 | 1 | 4 | 5 | 10 | 2 |
| Profit After Tax | 11 | -1 | 7 | 2 | 18 | 2 | 9 | 15 | 30 | 3 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 11 | -1 | 7 | 2 | 18 | 2 | 9 | 15 | 30 | 3 |
| Adjusted Earnings Per Share | 1.1 | -0.1 | 0.7 | 0.2 | 1.8 | 0.2 | 0.9 | 1.5 | 3 | 0.3 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 142 | 173 | 200 | 207 | 242 | 252 | 141 | 264 | 383 | 419 | 538 | 699 |
| Other Income | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 1 | 0 | 3 | 2 | 2 |
| Total Income | 142 | 173 | 200 | 208 | 242 | 252 | 142 | 266 | 384 | 422 | 540 | 701 |
| Total Expenditure | 150 | 176 | 199 | 197 | 230 | 248 | 144 | 256 | 345 | 386 | 490 | 610 |
| Operating Profit | -8 | -3 | 2 | 11 | 12 | 4 | -2 | 9 | 39 | 35 | 50 | 90 |
| Interest | 3 | 4 | 3 | 2 | 2 | 3 | 2 | 2 | 5 | 4 | 4 | 4 |
| Depreciation | 2 | 3 | 2 | 2 | 2 | 3 | 4 | 4 | 4 | 4 | 3 | 4 |
| Exceptional Income / Expenses | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3 |
| Profit Before Tax | -11 | -9 | -3 | 8 | 8 | -2 | -8 | 3 | 30 | 28 | 43 | 79 |
| Provision for Tax | 0 | 0 | 0 | 0 | 1 | 0 | -0 | 0 | -17 | 7 | 11 | 21 |
| Profit After Tax | -11 | -9 | -3 | 8 | 7 | -2 | -8 | 3 | 47 | 21 | 31 | 57 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | -11 | -9 | -3 | 8 | 7 | -2 | -8 | 3 | 47 | 21 | 31 | 57 |
| Adjusted Earnings Per Share | -1.1 | -0.9 | -0.3 | 0.7 | 0.7 | -0.2 | -0.8 | 0.3 | 4.6 | 2.1 | 3.1 | 5.7 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 28% | 27% | 16% | 14% |
| Operating Profit CAGR | 43% | 77% | 66% | 0% |
| PAT CAGR | 48% | 118% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 75% | 37% | 58% | 26% |
| ROE Average | 196% | 65% | 39% | 18% |
| ROCE Average | 46% | 47% | 28% | 7% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | -14 | -23 | 8 | 15 | 22 | 21 | 13 | 16 | 61 | 81 | 84 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 29 |
| Other Non-Current Liabilities | 10 | 10 | 5 | 6 | 7 | 19 | 19 | 19 | 7 | 14 | 11 |
| Total Current Liabilities | 130 | 149 | 84 | 100 | 93 | 103 | 75 | 96 | 108 | 94 | 120 |
| Total Liabilities | 126 | 135 | 97 | 121 | 122 | 143 | 106 | 130 | 177 | 191 | 244 |
| Fixed Assets | 11 | 12 | 8 | 7 | 8 | 23 | 20 | 17 | 17 | 15 | 12 |
| Other Non-Current Assets | 10 | 10 | 4 | 4 | 4 | 2 | 1 | 1 | 2 | 2 | 2 |
| Total Current Assets | 104 | 113 | 84 | 110 | 109 | 119 | 85 | 112 | 159 | 174 | 229 |
| Total Assets | 126 | 135 | 97 | 121 | 122 | 143 | 106 | 130 | 177 | 191 | 244 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 5 | 4 | 4 | 4 | 3 | 2 | 0 | 1 | 0 | 1 | 4 |
| Cash Flow from Operating Activities | -8 | -1 | -23 | -1 | 6 | 10 | 22 | -18 | 10 | 32 | -3 |
| Cash Flow from Investing Activities | -1 | -2 | -1 | -0 | -4 | -1 | -0 | -1 | -1 | -1 | -0 |
| Cash Flow from Financing Activities | 8 | 3 | 24 | 0 | -3 | -10 | -21 | 18 | -8 | -28 | -0 |
| Net Cash Inflow / Outflow | -1 | -0 | -0 | -1 | -1 | -2 | 1 | -1 | 1 | 3 | -4 |
| Closing Cash & Cash Equivalent | 4 | 4 | 4 | 3 | 2 | 0 | 1 | 0 | 1 | 4 | 0 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | -1.09 | -0.92 | -0.32 | 0.74 | 0.74 | -0.18 | -0.79 | 0.32 | 4.61 | 2.06 | 3.11 |
| CEPS(Rs) | -0.87 | -0.64 | -0.12 | 0.91 | 0.9 | 0.12 | -0.44 | 0.67 | 4.96 | 2.42 | 3.44 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | -5.47 | -6.39 | -6.74 | -6.02 | -5.31 | -5.49 | -6.29 | -5.99 | -1.38 | 0.67 | 2.5 |
| Core EBITDA Margin(%) | -5.46 | -1.63 | 0.77 | 5.07 | 4.15 | 1.26 | -2.52 | 2.74 | 8.82 | 6.75 | 7.75 |
| EBIT Margin(%) | -5.78 | -3.2 | -0.19 | 4.63 | 3.67 | 0.36 | -4.17 | 1.9 | 8.07 | 6.58 | 7.49 |
| Pre Tax Margin(%) | -7.59 | -5.29 | -1.63 | 3.59 | 3.07 | -0.62 | -5.76 | 1.09 | 6.83 | 5.77 | 6.9 |
| PAT Margin (%) | -7.59 | -5.29 | -1.63 | 3.59 | 2.74 | -0.62 | -5.68 | 1.09 | 10.71 | 4.33 | 5.07 |
| Cash Profit Margin (%) | -6.04 | -3.7 | -0.6 | 4.39 | 3.33 | 0.41 | -3.17 | 2.29 | 11.54 | 5.08 | 5.6 |
| ROA(%) | -8.63 | -7.1 | -2.82 | 6.9 | 6.14 | -1.36 | -6.45 | 2.73 | 30.22 | 11.3 | 14.44 |
| ROE(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 196.31 |
| ROCE(%) | -59.53 | -45.64 | -1.77 | 25.27 | 21.48 | 2.32 | -20.79 | 20.48 | 56.29 | 37.62 | 46.24 |
| Receivable days | 173.47 | 145.81 | 102.47 | 87.46 | 75.48 | 73.5 | 130.43 | 53.4 | 42.43 | 39.28 | 31.15 |
| Inventory Days | 62.6 | 61.8 | 64.5 | 71.31 | 60.7 | 55.69 | 98.22 | 53.54 | 62.8 | 76.7 | 75.81 |
| Payable days | 356.9 | 306.75 | 219.35 | 194.37 | 173.69 | 155.12 | 288.37 | 140.13 | 102.42 | 101.21 | 83.77 |
| PER(x) | 0 | 0 | 0 | 57.95 | 69.73 | 0 | 0 | 208.91 | 26.28 | 66.44 | 49.65 |
| Price/Book(x) | -3.47 | -4.68 | -7.46 | -7.17 | -9.7 | -3.18 | -4.35 | -11.11 | -87.52 | 203.63 | 61.88 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 1.8 | 2.15 | 3.02 | 2.59 | 2.57 | 1.08 | 2.52 | 2.92 | 3.44 | 3.48 | 3.07 |
| EV/Core EBITDA(x) | -32.68 | -132.39 | 360.23 | 47.27 | 53.62 | 67.8 | -151.46 | 84.11 | 34.17 | 41.36 | 33.21 |
| Net Sales Growth(%) | 15.2 | 21.76 | 15.44 | 3.59 | 16.56 | 4.25 | -44.07 | 87.69 | 44.99 | 9.25 | 28.45 |
| EBIT Growth(%) | 73.64 | 33.09 | 93.04 | 2584.62 | 2.99 | -89.48 | -660 | 195.41 | 524.6 | -9.67 | 46.79 |
| PAT Growth(%) | 66.71 | 15.57 | 64.72 | 329.97 | -0.8 | -124.13 | -345 | 140.2 | 1344.72 | -55.2 | 50.77 |
| EPS Growth(%) | 66.71 | 15.58 | 64.72 | 329.98 | -0.8 | -124.13 | -345.02 | 140.2 | 1344.76 | -55.2 | 50.77 |
| Debt/Equity(x) | -1.96 | -1.47 | 3.15 | 1.85 | 1.2 | 0.99 | 0.23 | 1.53 | 0.41 | 0.02 | 0.4 |
| Current Ratio(x) | 0.8 | 0.76 | 1.01 | 1.1 | 1.18 | 1.15 | 1.14 | 1.17 | 1.47 | 1.85 | 1.92 |
| Quick Ratio(x) | 0.61 | 0.53 | 0.57 | 0.65 | 0.69 | 0.74 | 0.7 | 0.61 | 0.58 | 0.72 | 0.65 |
| Interest Cover(x) | -3.21 | -1.53 | -0.14 | 4.47 | 6.12 | 0.37 | -2.64 | 2.35 | 6.53 | 8.14 | 12.59 |
| Total Debt/Mcap(x) | 0.14 | 0.11 | 0.05 | 0.06 | 0.05 | 0.12 | 0.01 | 0.04 | 0.02 | 0 | 0.02 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 74.93 | 74.93 | 74.93 | 74.93 | 74.93 | 74.93 | 74.93 | 59.93 | 59.93 | 51 |
| FII | 0.37 | 0.76 | 0.76 | 0.47 | 0.21 | 0.1 | 0.1 | 1.09 | 1.6 | 2.02 |
| DII | 0.01 | 0.01 | 0.15 | 0.16 | 0.01 | 0.01 | 0.01 | 0.15 | 0.48 | 0.49 |
| Public | 24.69 | 24.29 | 24.15 | 24.44 | 24.84 | 24.96 | 24.95 | 38.82 | 37.98 | 46.49 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 7.56 | 7.56 | 7.56 | 7.56 | 7.56 | 7.56 | 7.56 | 6.05 | 6.05 | 5.15 |
| FII | 0.04 | 0.08 | 0.08 | 0.05 | 0.02 | 0.01 | 0.01 | 0.11 | 0.16 | 0.2 |
| DII | 0 | 0 | 0.02 | 0.02 | 0 | 0 | 0 | 0.02 | 0.05 | 0.05 |
| Public | 2.49 | 2.45 | 2.44 | 2.47 | 2.51 | 2.52 | 2.52 | 3.92 | 3.83 | 4.69 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10.1 | 10.1 | 10.1 | 10.1 | 10.1 | 10.1 | 10.1 | 10.1 | 10.1 | 10.1 |
* The pros and cons are machine generated.
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