About
Timex Group India Limited engages in designing, manufacturing, and trading of watches in India and internationally. It offers wrist watches for men, women, and children under the Timex, Guess, Gc, Versace, Salvatore Ferragamo, Nautica, Ted Baker, Furla, Adidas Originals, Philipp Plein, Plein Sports, UCB, Helix, and TMX brand names. The company also provides after sales services. It sells its products through distributors, dealers, franchisee operated exclusive brand outlets, and modern trade, such as chain stores, defence, institutional, e-commerce, and brand webstore. The company was founded in 1854 and is based in Noida, India. Timex Group India Limited operates as a subsidiary of Timex Group Luxury Watches B.V.
Key Metrics
as of Sep 2026Market Cap6,762 Cr
P/E75.80
Div Yield0.00 %
Book Value₹7.47
52w High₹688.00
52w Low₹237.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 219.00 | 235.00 | 151.00 | 244.00 | 169.00 | 135.00 | 120.00 | 174.00 | 109.00 | 92.00 | 94.00 | 126.00 | 106.00 |
| Expenses | 184.00 | 195.00 | 141.00 | 201.00 | 147.00 | 121.00 | 116.00 | 149.00 | 104.00 | 82.00 | 95.00 | 110.00 | 99.00 |
| Operating Profit | 35.00 | 40.00 | 10.00 | 43.00 | 22.00 | 14.00 | 4.00 | 25.00 | 4.00 | 10.00 | -1.00 | 16.00 | 7.00 |
| OPM % | 16.00 | 17.00 | 6.00 | 17.00 | 13.00 | 11.00 | 3.50 | 14.00 | 3.90 | 11.00 | -0.80 | 13.00 | 7.00 |
| Other Income | 1.00 | -1.00 | -2.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 1.00 | 1.00 | 0.00 | 1.00 | 0.00 |
| Depreciation | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Interest | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Profit before tax | 34.00 | 37.00 | 5.00 | 41.00 | 20.00 | 13.00 | 3.00 | 24.00 | 3.00 | 9.00 | -2.00 | 15.00 | 6.00 |
| Tax % | 26.00 | 25.00 | 33.00 | 26.00 | 26.00 | 29.00 | 26.00 | 25.00 | 25.00 | 25.00 | -25.00 | 25.00 | 25.00 |
| Net Profit | 25.00 | 27.00 | 3.00 | 30.00 | 15.00 | 9.00 | 2.00 | 18.00 | 2.00 | 7.00 | -1.00 | 11.00 | 4.00 |
| EPS in Rs | 2.48 | 2.71 | 0.32 | 2.99 | 1.45 | 0.92 | 0.19 | 1.76 | 0.24 | 0.70 | -0.15 | 1.09 | 0.42 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 799.00 | 538.00 | 419.00 | 383.00 | 264.00 | 141.00 | 252.00 | 242.00 | 207.00 | 200.00 | 173.00 | 142.00 |
| Expenses | 684.00 | 490.00 | 386.00 | 345.00 | 256.00 | 144.00 | 248.00 | 230.00 | 197.00 | 199.00 | 176.00 | 150.00 |
| Operating Profit | 114.00 | 48.00 | 32.00 | 38.00 | 8.00 | -4.00 | 4.00 | 11.00 | 11.00 | 2.00 | -3.00 | -8.00 |
| OPM % | 14.00 | 9.00 | 8.00 | 10.00 | 3.10 | -2.50 | 1.40 | 4.70 | 5.00 | 0.80 | -1.60 | -6.00 |
| Other Income | -3.00 | 2.00 | 3.00 | 0.00 | 1.00 | 1.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 2.00 |
| Interest | 6.00 | 4.00 | 4.00 | 5.00 | 2.00 | 2.00 | 3.00 | 2.00 | 2.00 | 3.00 | 4.00 | 3.00 |
| Depreciation | 3.00 | 3.00 | 4.00 | 4.00 | 4.00 | 4.00 | 3.00 | 2.00 | 2.00 | 2.00 | 3.00 | 2.00 |
| Profit before tax | 102.00 | 43.00 | 28.00 | 30.00 | 3.00 | -8.00 | -2.00 | 8.00 | 8.00 | -3.00 | -9.00 | -11.00 |
| Tax % | 26.00 | 27.00 | 25.00 | -57.00 | 0.00 | -1.00 | 0.00 | 11.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 75.00 | 31.00 | 21.00 | 47.00 | 3.00 | -8.00 | -2.00 | 7.00 | 8.00 | -3.00 | -9.00 | -11.00 |
| EPS in Rs | 7.47 | 3.11 | 2.06 | 4.61 | 0.32 | -0.79 | -0.18 | 0.74 | 0.74 | -0.32 | -0.92 | -1.09 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Reserves | 65.00 | 15.00 | -3.00 | -24.00 | -71.00 | -74.00 | -66.00 | -64.00 | -71.00 | -2.00 | -75.00 | -65.00 |
| Borrowings | 71.00 | 101.00 | 86.00 | 110.00 | 111.00 | 91.00 | 109.00 | 103.00 | 104.00 | 25.00 | 76.00 | 69.00 |
| Other Liabilities | 191.00 | 126.00 | 108.00 | 98.00 | 80.00 | 78.00 | 89.00 | 73.00 | 78.00 | 64.00 | 118.00 | 104.00 |
| Total Liabilities | 338.00 | 252.00 | 201.00 | 194.00 | 130.00 | 106.00 | 143.00 | 122.00 | 121.00 | 97.00 | 129.00 | 117.00 |
| Fixed Assets | 11.00 | 12.00 | 15.00 | 17.00 | 17.00 | 20.00 | 23.00 | 8.00 | 7.00 | 8.00 | 12.00 | 11.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 326.00 | 240.00 | 186.00 | 178.00 | 113.00 | 86.00 | 120.00 | 113.00 | 114.00 | 88.00 | 117.00 | 106.00 |
| Total Assets | 338.00 | 252.00 | 201.00 | 194.00 | 130.00 | 106.00 | 143.00 | 122.00 | 121.00 | 97.00 | 129.00 | 117.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 91.00 | -3.00 | 32.00 | 10.00 | -18.00 | 22.00 | 10.00 | 6.00 | -1.00 | -23.00 | -1.00 | -8.00 |
| Cash from Investing Activity | -1.00 | 0.00 | -1.00 | -1.00 | -1.00 | 0.00 | -1.00 | -4.00 | 0.00 | -1.00 | -2.00 | -1.00 |
| Cash from Financing Activity | -56.00 | 0.00 | -28.00 | -8.00 | 18.00 | -21.00 | -10.00 | -3.00 | 0.00 | 24.00 | 3.00 | 8.00 |
| Net Cash Flow | 34.00 | -4.00 | 3.00 | 1.00 | -1.00 | 1.00 | -2.00 | -1.00 | -1.00 | 0.00 | 0.00 | -1.00 |
| Free Cash Flow | 89.00 | -4.00 | 31.00 | 8.00 | -19.00 | 22.00 | 8.00 | 2.00 | -1.00 | -24.00 | -4.00 | -9.00 |
| CFO/OP % | 104.00 | 10.00 | 101.00 | 26.00 | -217.00 | -618.00 | 264.00 | 56.00 | -7.00 | -1,484.00 | 50.00 | 101.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 27.00 | 37.00 | 45.00 | 50.00 | 67.00 | 98.00 | 91.00 | 81.00 | 104.00 | 75.00 | 150.00 | 176.00 |
| Inventory Days | 158.00 | 178.00 | 159.00 | 161.00 | 132.00 | 155.00 | 111.00 | 132.00 | 149.00 | 120.00 | 134.00 | 124.00 |
| Days Payable | 97.00 | 86.00 | 104.00 | 111.00 | 138.00 | 269.00 | 172.00 | 154.00 | 220.00 | 166.00 | 328.00 | 358.00 |
| Cash Conversion Cycle | 88.00 | 129.00 | 100.00 | 100.00 | 61.00 | -15.00 | 30.00 | 59.00 | 33.00 | 29.00 | -44.00 | -58.00 |
| Working Capital Days | 49.00 | 74.00 | 66.00 | 47.00 | 22.00 | 24.00 | 22.00 | 21.00 | 12.00 | -7.00 | -83.00 | -78.00 |
| ROCE % | 83.00 | 43.00 | 33.00 | 48.00 | 14.00 | -14.00 | 2.00 | 22.00 | 25.00 | -2.00 | -45.00 | -72.00 |
Corporate Actions
1 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 16 Feb 2004 | 23 Feb 2004 | — | — | Reduction of Capital |