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.

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.

Are Timex Group India Ltd latest results good or bad?

Timex Group India Ltd's latest results are positive, with a net profit of ₹30.23 crores for Q2 FY26, reflecting a 69.72% increase year-on-year, and revenue growth of 39.98%. The company also achieved a high operating margin of 17.46% and a return on equity of 90.37%, indicating strong financial performance despite some concerns regarding promoter stake and institutional participation.

Timex Group India Ltd's latest results can be considered quite positive overall. The company reported a net profit of ₹30.23 crores for Q2 FY26, which represents a remarkable 69.72% increase both quarter-on-quarter and year-on-year. Additionally, revenue for the same quarter reached ₹243.67 crores, marking a 44.23% sequential growth and a 39.98% increase compared to the previous year.<BR><BR>The operating margin also saw significant improvement, expanding to 17.46%, the highest in seven quarters, which indicates enhanced profitability. Furthermore, the company's return on equity (ROE) stands at an impressive 90.37%, showcasing its efficiency in generating returns from shareholder capital.<BR><BR>Despite the stock trading 27.33% below its 52-week high, it has delivered exceptional returns of 69.88% over the past year, outperforming the Sensex by a substantial margin. This strong performance is attributed to robust consumer spending during festive periods, particularly during Diwali and the wedding season.<BR><BR>While there are some concerns, such as a recent reduction in promoter stake and minimal institutional participation, the overall financial metrics and growth trajectory suggest that Timex Group India is in a strong position. The company’s ability to maintain high margins and deliver consistent growth makes its latest results favorable.

Should I buy, sell or hold Timex Group India Ltd?

Why is Timex Group India Ltd falling/rising?

As of 23-Mar, Timex Group India Ltd's stock price has declined to Rs 260.35, down 7.07%, due to underperformance relative to its sector, trading below moving averages, reduced investor participation, and decreased promoter confidence. These factors indicate a bearish trend and negative sentiment surrounding the stock.

As of 23-Mar, Timex Group India Ltd is experiencing a decline in its stock price, currently at Rs 260.35, which reflects a change of -19.8 (-7.07%). This drop can be attributed to several factors. Firstly, the stock has underperformed its sector by -3.81% today, indicating a weaker performance relative to its peers. Additionally, the stock reached an intraday low of Rs 255.35, marking a significant decrease of -8.85%.<BR><BR>The stock is also trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. Furthermore, there has been a notable decline in investor participation, with delivery volume dropping by -70.57% compared to the 5-day average, suggesting reduced interest from investors.<BR><BR>Despite some positive financial indicators, such as a strong ability to service debt and healthy long-term growth in net sales and operating profit, the overall sentiment appears to be negative. The reduction in promoter confidence, with a decrease in their stake by -8.93% over the previous quarter, may also contribute to the stock's downward pressure, as it could signal a lack of confidence in the company's future prospects. Overall, these factors combined have led to the current decline in the stock price of Timex Group India Ltd.

Why is Timex Group India Ltd falling/rising?

As of 24-Mar, Timex Group India Ltd's stock price is rising to 271.55, reflecting a 4.3% increase due to strong buying interest and positive investor sentiment. The company has shown robust financial performance, with significant annual growth in net sales and operating profit, contributing to its outperformance in the market.

As of 24-Mar, Timex Group India Ltd's stock price is rising, currently at 271.55, reflecting a change of 11.2 (4.3%) upwards. This increase can be attributed to several factors. Firstly, the stock opened with a gain of 2.94% today and reached an intraday high of Rs 275.85, indicating strong buying interest. Additionally, the stock has outperformed its sector by 1.83%, suggesting positive sentiment among investors.<BR><BR>Investor participation has also increased, with a delivery volume of 1.53 lacs on 23 March, which is up by 30.81% compared to the 5-day average. This rise in trading volume often indicates growing confidence in the stock. Furthermore, the company has demonstrated strong financial performance, with net sales growing at an annual rate of 37.64% and operating profit at 48.59%. The company has consistently declared positive results for the last six consecutive quarters, showcasing its robust operational capabilities.<BR><BR>Despite the stock trading below its moving averages, the overall market performance has been favorable, with the stock generating a remarkable 65.63% return over the past year, significantly outperforming the broader market, which has seen negative returns. This strong historical performance, combined with the recent positive trading activity, contributes to the stock's upward movement.

Why is Timex Group India Ltd falling/rising?

As of 25-Mar, Timex Group India Ltd's stock price is at Rs 269.25, down 0.85%, and has underperformed the Sensex over the past week and month. Despite strong long-term growth, the stock is trading below moving averages and has seen a decline in promoter confidence, contributing to its current bearish trend.

As of 25-Mar, Timex Group India Ltd's stock price is falling, currently at Rs 269.25, reflecting a decrease of Rs 2.3 or 0.85%. This decline is evident in the stock's performance over the past week, where it has underperformed the benchmark Sensex, showing a loss of 6.49% compared to the Sensex's decline of 1.87%. Over the past month, the stock has also fallen by 6.72%, while the Sensex has decreased by 8.51%.<BR><BR>Despite a strong long-term growth trajectory, with net sales growing at an annual rate of 37.64% and operating profit at 48.59%, the stock is currently trading below its moving averages across various time frames, indicating a bearish trend. Additionally, the stock has seen a significant reduction in promoter confidence, with a decrease in their stake by 8.93% in the previous quarter, which may signal concerns about the company's future prospects.<BR><BR>Moreover, while the stock has shown impressive returns over the past year, generating 68.81% against the market's negative return of -0.34%, its high valuation metrics, such as a Price to Book Value of 22.7 and a PEG ratio of 0.4, suggest that it may be considered expensive relative to its earnings growth. This combination of factors contributes to the current downward pressure on the stock price.

Which are the latest news on Timex Group?