Timex Group

Why is Timex Group India Ltd falling/rising?

As of 30-Jul, Timex Group India Ltd's stock price is at 530.20, reflecting a decline of 4.42%. Despite strong fundamentals, negative market sentiment and reduced investor participation have led to the stock's recent underperformance.

As of 30-Jul, Timex Group India Ltd's stock price is falling, currently at 530.20, which reflects a decrease of 24.5 (-4.42%). The stock has been underperforming, having lost 6.35% over the last two days and opening with a loss of 3.82% today. It touched an intraday low of Rs 515.4, indicating significant selling pressure. Additionally, the stock has underperformed its sector by 4.26% today, and there has been a notable decline in investor participation, with delivery volume falling by 33.02% compared to the 5-day average.<BR><BR>Despite the company's strong fundamentals, including a low Debt to EBITDA ratio and impressive growth in net sales and profits, the current market sentiment appears to be negative, leading to the stock's decline. The moving averages indicate that while the stock is above the 50, 100, and 200-day moving averages, it is below the 5 and 20-day moving averages, which may suggest short-term weakness. Overall, the combination of recent performance trends, reduced investor participation, and the stock's current valuation dynamics contribute to the observed decline in Timex Group India Ltd's stock price.

Which are the latest news on Timex Group?

Are Timex Group India Ltd latest results good or bad?

Timex Group India Ltd's Q1 FY27 results are strong, with a net profit of ₹25.02 crore (up 70.60% year-on-year) and revenue growth of 29.57% to ₹218.90 crore. Despite a seasonal revenue decline, the company maintains healthy operating and PAT margins, indicating solid performance in a challenging market.

Timex Group India Ltd's latest results for Q1 FY27 can be considered quite strong. The company reported a net profit of ₹25.02 crore, which reflects a significant year-on-year growth of 70.60%. Additionally, revenue grew by 29.57% compared to the same quarter last year, reaching ₹218.90 crore. <BR><BR>The operating margin stood at a healthy 16.09%, indicating solid profitability, and the PAT margin was 11.43%, showcasing strong efficiency in operations. Despite a sequential decline in revenue from the previous quarter, this is typical for the watch industry due to seasonal factors.<BR><BR>Overall, Timex Group has demonstrated robust financial performance, especially in a challenging market environment where the broader gems, jewellery, and watches sector has faced a decline. The company's ability to achieve consistent double-digit growth and maintain healthy margins positions it as a standout performer.

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

How big is Timex Group?

As of 10th June, Timex Group India Ltd has a market capitalization of 4,785.00 Cr, with recent net sales of 798.59 Cr and a net profit of 75.44 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Timex Group India Ltd has a market capitalization of 4,785.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 798.59 Cr, while the sum of Net Profit for the same period is 75.44 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is for March 2025, with Shareholder's Funds amounting to 84.00 Cr and Total Assets valued at 243.91 Cr.

Who are in the management team of Timex Group?

The management team of Timex Group includes Gagan Singh, Pradeep Mukerjee, and Bijou Kurien as Independent Directors; Dhiraj Kumar Maggo as Company Secretary & Compliance Officer; David Thomas Payne as Chairman & Non-Executive Director; and Deepak Chhabra as Managing Director.

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>If you need more details about their roles or contributions, feel free to ask!

Who are the peers of the Timex Group?

The peers of the Timex Group include Sky Gold & Diamonds, P N Gadgil Jewellers, Ethos, Senco Gold, Goldiam International, Vaibhav Global, KDDL Ltd, Rajesh Exports, D.P. Abhushan, and Shringar House. Timex Group has the highest 1-year return at 68.80%, while Rajesh Exports has the lowest at -60.66%.

Peers: The peers of the Timex Group are Sky Gold & Diam., P N Gadgil Jewe., Ethos, Senco Gold, Goldiam Intl., Vaibhav Global, KDDL Ltd, Rajesh Exports, D.P. Abhushan, and Shringar House.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sky Gold & Diam., P N Gadgil Jewe., Senco Gold, and D.P. Abhushan, while Average management risk is found at Ethos, Goldiam Intl., Timex Group, Vaibhav Global, KDDL Ltd, Rajesh Exports, and Shringar House. Excellent growth is noted for Sky Gold & Diam., P N Gadgil Jewe., Senco Gold, and KDDL Ltd, while Average growth is seen at Goldiam Intl. and Timex Group, and Below Average growth is present at Vaibhav Global and Rajesh Exports. For Capital Structure, Excellent ratings are given to Goldiam Intl. and Vaibhav Global, Good ratings to P N Gadgil Jewe., Ethos, Timex Group, KDDL Ltd, and D.P. Abhushan, and Below Average ratings to Sky Gold & Diam. and Senco Gold.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Timex Group at 68.80%, while the lowest is Rajesh Exports at -60.66%. Timex Group's return is significantly higher than all its peers. Additionally, the peers with negative six-month returns include Rajesh Exports, D.P. Abhushan, and Vaibhav Global.

What does Timex Group do?

Timex Group India Ltd operates in the gems, jewellery, and watches industry, with recent net sales of ₹235 Cr and a net profit of ₹27 Cr as of March 2026. The company has a market cap of ₹4,785 Cr and a P/E ratio of 58.00.

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>The company was incorporated on 4 October 1988 and changed its name from Timex Watches Limited to Timex Group India Limited on 15 October 2007. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 235 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 27 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 4,785 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 58.00 <BR>Industry P/E: 42 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.25 <BR>Return on Equity: 71.13% <BR>Price to Book: 41.91<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

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.

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.

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.

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.

When is the next results date for Timex Group?

No Upcoming Board Meetings

Has Timex Group declared dividend?

No Dividend History Available