Timex Group

When is the next results date for Timex Group?

No Upcoming Board Meetings

Who are in the management team of Timex Group?

As of March 2023, the Timex Group management team includes Deepak Chhabra as Managing Director, David Thomas Payne as Chairman, and several Independent Directors: Gagan Singh, Pradeep Mukerjee, and Bijou Kurien, along with Dhiraj Kumar Maggo as Company Secretary.

As of March 2023, the management team of Timex Group includes the following individuals:<BR><BR>1. Gagan Singh - Independent Director<BR>2. Pradeep Mukerjee - Independent Director<BR>3. Bijou Kurien - Independent Director<BR>4. Dhiraj Kumar Maggo - Company Secretary & Compliance Officer<BR>5. David Thomas Payne - Chairman & Non-Executive Director<BR>6. Deepak Chhabra - Managing Director<BR><BR>Deepak Chhabra serves as the Managing Director, while the other members hold various independent and executive roles within the company.

Has Timex Group declared dividend?

No Dividend History Available

Who are the peers of the Timex Group?

Timex Group's peers include Titan Company, Kalyan Jewellers, and PC Jeweller, among others. Titan Company and Kalyan Jewellers show excellent management and growth, while PC Jeweller has the highest 1-year return at 154.26%, compared to Timex Group's 100.56%.

Peers: The peers of the Timex Group are Titan Company, Kalyan Jewellers, PC Jeweller, P N Gadgil Jewe., Ethos Ltd, Motisons Jewel, Khazanchi Jewell, Renaiss. Global, T B Z, and Asian Star Co.<BR><BR>Quality Snapshot: Excellent management risk is observed at Titan Company, Kalyan Jewellers, P N Gadgil Jewe., and the rest have either Average or Below Average management risk. Growth is Excellent for Titan Company, Kalyan Jewellers, P N Gadgil Jewe., Ethos Ltd, and the rest show Below Average growth. Capital Structure is Excellent at P N Gadgil Jewe., Good at Titan Company, Ethos Ltd, Timex Group, Motisons Jewel, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is PC Jeweller at 154.26%, while the lowest is Motisons Jewel at -1.74%. Timex Group's 1-year return is 100.56%, which is significantly higher than Motisons Jewel but lower than PC Jeweller. Additionally, Kalyan Jewellers, PC Jeweller, P N Gadgil Jewe., Motisons Jewel, Khazanchi Jewell, Renaiss. Global, and T B Z have negative six-month returns.

What does Timex Group do?

Timex Group India Ltd operates in the Gems, Jewellery, and Watches industry, with a market cap of INR 2,287 Cr. As of March 2025, it reported net sales of 1,354 Cr and a net profit of 92 Cr.

Overview: <BR>Timex Group India Ltd operates in the Gems, Jewellery And Watches industry and is categorized as a Small Cap company.<BR><BR>History: <BR>Timex Group India Limited was incorporated on 4 October 1988 and changed its name from Timex Watches Limited on October 15, 2007. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 1,354 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 92 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 2,287 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 73.00 <BR>Industry P/E: 83 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.17 <BR>Return on Equity: 35.51% <BR>Price to Book: 25.59<BR><BR>Contact Details: <BR>Address: 106-107 Ambadeep, 14 Kasturba Gandhi Marg New Delhi New Delhi : 110001 <BR>Tel: 91-011-4102 1297 <BR>Email: investor.relations@timex.com <BR>Website: http://www.timexindia.com

Who are the top shareholders of the Timex Group?

The top shareholder of the Timex Group is Timex Group Luxury Watches B V, owning 74.93% of the shares, followed by individual investors with 20.5%. Chetan Jayantilal Shah is the largest public shareholder with a 1.88% stake.

The top shareholders of the Timex Group include the promoter entity Timex Group Luxury Watches B V, which holds a significant 74.93% of the shares. Other notable shareholders include individual investors, who collectively own about 20.5% of the company. Additionally, Chetan Jayantilal Shah is the highest public shareholder with a stake of 1.88%. The remaining shares are held by mutual funds and foreign institutional investors, but their holdings are relatively small, at 0.01% and 0.1%, respectively.

How big is Timex Group?

As of 24th July, Timex Group India Ltd has a market capitalization of 2,261.00 Cr, with recent net sales of 538.10 Cr and a net profit of 31.42 Cr over the last four quarters.

As of 24th July, <BR><BR>Market Cap: Timex Group India Ltd has a market capitalization of 2,261.00 Cr, categorizing it as a Small Cap company. <BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 538.10 Cr, while the sum of Net Profit for the same period is 31.42 Cr. <BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 84.00 Cr and Total Assets valued at 243.91 Cr.

Are Timex Group latest results good or bad?

Timex Group's Q2 FY26 results are strong, with a net profit of ₹30.23 crores, a 106.06% increase quarter-on-quarter, and a 44.23% revenue growth. The improved operating margin and effective cost management indicate a successful turnaround and positive future outlook.

Timex Group's latest results for Q2 FY26 are quite impressive and indicate a strong performance. The company reported a net profit of ₹30.23 crores, which represents a remarkable increase of 106.06% quarter-on-quarter and 69.70% year-on-year. Additionally, revenue reached ₹243.67 crores, marking a 44.23% increase from the previous quarter and a 39.98% increase compared to the same quarter last year.<BR><BR>The operating margin also improved significantly to 17.46%, up from 12.81% in the previous quarter and 14.44% a year ago, showcasing the company's operational efficiency. Furthermore, the profit after tax (PAT) margin rose to 12.41%, indicating effective cost management alongside revenue growth.<BR><BR>Overall, these results highlight Timex Group's successful turnaround from previous losses, demonstrating strong demand during the festive season and effective management strategies. The company appears to be on a solid growth trajectory, making these results a positive indicator for its future performance.

Should I buy, sell or hold Timex Group?

How has been the historical performance of Timex Group?

Timex Group has experienced significant growth in net sales and profits from Mar'21 to Mar'25, with net sales increasing from 140.90 Cr to 538.10 Cr. However, the company has faced challenges with rising costs and negative cash flow in recent years.

Answer:<BR>The historical performance of Timex Group shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Timex Group's net sales have shown a consistent upward trend, increasing from 140.90 Cr in Mar'21 to 538.10 Cr in Mar'25. Total operating income followed a similar trajectory, rising from 140.90 Cr in Mar'21 to 538.10 Cr in Mar'25. However, the raw material costs and purchase of finished goods also increased, with raw material costs rising from 55.92 Cr in Mar'21 to 180.09 Cr in Mar'25, and finished goods purchases increasing from 17.91 Cr to 156.97 Cr in the same period. Operating profit (PBDIT) has fluctuated, peaking at 49.68 Cr in Mar'25 after a low of -2.38 Cr in Mar'21. Profit before tax improved significantly from -8.11 Cr in Mar'21 to 42.77 Cr in Mar'25, while profit after tax also increased from -8.01 Cr in Mar'21 to 31.42 Cr in Mar'25. The company's total assets grew from 142.75 Cr in Mar'20 to 243.91 Cr in Mar'25, with total liabilities also rising from 105.70 Cr to 33.86 Cr in the same period. Cash flow from operating activities has been negative in Mar'25 at -3.00 Cr, contrasting with a positive cash flow of 32.00 Cr in Mar'24. Overall, while Timex Group has shown growth in sales and profits, it has faced challenges in managing costs and cash flow in recent years.

Is Timex Group overvalued or undervalued?

As of November 6, 2025, Timex Group is considered very expensive with a PE ratio of 69.87 and other high valuation metrics, indicating it is overvalued compared to peers like Page Industries and Jubilant Food, despite a year-to-date stock performance significantly outperforming the Sensex.

As of 6 November 2025, the valuation grade for Timex Group has moved from expensive to very expensive. The company is currently overvalued, reflected by a PE ratio of 69.87, a Price to Book Value of 46.65, and an EV to EBITDA ratio of 47.75. In comparison to peers, Page Industries has a PE ratio of 58.1 and an EV to EBITDA of 39.7, while Jubilant Food, despite being fairly valued, shows a significantly higher PE ratio of 147.76.<BR><BR>The high valuation metrics suggest that Timex Group is trading at a premium relative to its peers, indicating a lack of justification for its current price levels. Additionally, the company's recent stock performance has outpaced the Sensex, with a year-to-date return of 100.54% compared to the Sensex's 6.62%, further emphasizing the disconnect between its valuation and market fundamentals.

Is Timex Group technically bullish or bearish?

As of November 18, 2025, Timex Group's technical trend is mildly bullish, supported by daily moving averages and KST signals, despite a mildly bearish weekly MACD.

As of 18 November 2025, the technical trend for Timex Group has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating mild bullishness and the KST showing bullish signals on both weekly and monthly time frames. However, the weekly MACD is mildly bearish, which tempers the overall bullish sentiment. The Bollinger Bands also support a mildly bullish outlook on both weekly and monthly charts. Overall, while there are mixed signals, the prevailing indicators lean towards a mildly bullish stance.

Which are the latest news on Timex Group?

Why is Timex Group India Ltd falling/rising?

As of 02-Feb, Timex Group India Ltd's stock price is rising to 283.35, indicating a potential recovery in investor sentiment after recent declines. Despite a significant drop over the past month and concerns about reduced investor participation, the stock has shown strong annual performance and healthy long-term growth.

As of 02-Feb, Timex Group India Ltd's stock price is rising, currently at 283.35, reflecting a change of 2.4 (0.85%) upward. This increase follows a trend reversal after three consecutive days of decline, indicating a potential recovery in investor sentiment. The stock outperformed its sector by 0.45% today and reached an intraday high of Rs 288, which is a 2.51% increase.<BR><BR>Despite the positive movement today, the stock has experienced significant declines over the past month, down 20.41%, and year-to-date, it has fallen 17.68%. However, it has shown strong performance over the past year with a return of 52.05%, significantly higher than the market average of 5.37%. The company's healthy long-term growth is supported by an annual net sales growth rate of 33.48% and an operating profit growth of 70.14%, which has contributed to its positive results over the last five consecutive quarters.<BR><BR>On the downside, there are concerns regarding falling investor participation, as indicated by a 30.59% decrease in delivery volume compared to the five-day average. Additionally, the company's promoters have reduced their stake by 8.93%, which may reflect a lack of confidence in the company's future prospects. Despite these risks, the stock's ability to service debt and its strong historical performance may be contributing factors to its current rise.