How has been the historical performance of Timex Group?
Timex Group has shown significant financial improvement, with net sales rising from 140.90 Cr in Mar'21 to 538.10 Cr in Mar'25, and operating profit increasing from a loss of 3.59 Cr to a profit of 49.68 Cr. However, total debt rose to 33.86 Cr in Mar'25, and cash flow from operating activities turned negative at -3.00 Cr, indicating challenges in cash generation despite overall growth.
Answer:The historical performance of Timex Group shows significant fluctuations in its financial metrics over the years, with notable improvements in recent periods.Breakdown:
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 251.90 Cr in Mar'20 to 538.10 Cr in Mar'25. However, the raw material costs and purchase of finished goods also increased, with raw material costs reaching 180.09 Cr in Mar'25. Despite these rising costs, the operating profit (PBDIT) improved significantly from a loss of 3.59 Cr in Mar'21 to a profit of 49.68 Cr in Mar'25. Profit before tax also saw a positive shift, moving from a loss of 8.11 Cr in Mar'21 to a profit of 42.77 Cr in Mar'25, while profit after tax was 31.42 Cr in Mar'25, up from a loss of 8.01 Cr in Mar'21. The company's total assets increased from 142.75 Cr in Mar'20 to 243.91 Cr in Mar'25, reflecting growth in both current and non-current assets. However, total debt rose to 33.86 Cr in Mar'25 from 1.82 Cr in Mar'24, indicating a shift in the company's financing structure. Cash flow from operating activities turned negative in Mar'25 at -3.00 Cr, contrasting with a positive cash flow of 32.00 Cr in Mar'24, suggesting challenges in cash generation despite improved profitability. Overall, Timex Group's financial performance indicates a recovery and growth phase, albeit with some challenges in cash flow management.
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