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Timex Group

  • Market Cap: Small Cap
  • Industry: Lifestyle
  • ISIN: INE064A01026
  • NSEID: TIMEXWATCH
  • BSEID: 500414
INR
164.90
7.35 (4.67%)
BSENSE

Apr 11, 12:52 PM

BSE+NSE Vol: 16624

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationUpcoming Result: Timex Group will declare its result soon on 06 May 2025
stock-summaryPrice Point
High/Low

1Day

160.80166.10

52 Week

113.45238.00
Valuation
Technical
Day's Volume

CASH

16.62 k (80.46%) Volume

Shareholding (Mar 2025)

FII

0.10%

Held by 6 FIIs

DII

0.01%

Held by 0 DIIs

Promoter

74.93%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 13.85% over the last 5 years

 
2

Stock is technically in a Bearish range

3

With ROE of 33.1, it has a Expensive valuation with a 18 Price to Book Value

4

Despite the size of the company, domestic mutual funds hold only 0.03% of the company

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Lifestyle

stock-summary
Market cap

INR 1,647 Cr (Small Cap)

stock-summary
P/E

54.00

stock-summary
Industry P/E

78

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.17

stock-summary
Return on Equity

33.07%

stock-summary
Price to Book

17.97

Revenue and Profits (1 Year):
Net Sales:
120 Cr
(Quarterly Results - Dec 2024)
Net Profit:
2 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
29.94%
0%
29.94%
1 Year
15.76%
0%
15.76%
2 Years
30.72%
0%
30.72%
3 Years
120.9%
0%
120.9%
4 Years
384.29%
0%
384.29%
5 Years
801.09%
0%
801.09%

Timex Group for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
13.85%
EBIT Growth (5y)
29.36%
EBIT to Interest (avg)
4.60
Debt to EBITDA (avg)
2.67
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
4.79
Tax Ratio
25.19%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.11%
ROCE (avg)
17.11%
ROE (avg)
122.12%
Valuation key factors
Factor
Value
P/E Ratio
54
Industry P/E
78
Price to Book Value
17.97
EV to EBIT
39.53
EV to EBITDA
36.40
EV to Capital Employed
21.53
EV to Sales
3.18
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
47.66%
ROE (Latest)
33.07%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 5 Schemes (0.01%)

FIIs

Held by 6 FIIs (0.1%)

Promoter with highest holding

Timex Group Luxury Watches B V (74.93%)

Highest Public shareholder

Chetan Jayantilal Shah (1.88%)

Individual Investors Holdings

20.5%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 27.32% vs 11.29% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 230.20% vs 77.73% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "119.94",
          "val2": "94.20",
          "chgp": "27.32%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "4.21",
          "val2": "-0.71",
          "chgp": "692.96%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.17",
          "val2": "0.75",
          "chgp": "56.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.94",
          "val2": "-1.49",
          "chgp": "230.20%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "3.51%",
          "val2": "-0.75%",
          "chgp": "4.26%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 21.53% vs 7.96% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 32.72% vs -50.52% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "282.75",
          "val2": "232.65",
          "chgp": "21.53%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "29.37",
          "val2": "23.42",
          "chgp": "25.41%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.19",
          "val2": "2.20",
          "chgp": "-45.91%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "20.24",
          "val2": "15.25",
          "chgp": "32.72%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.39%",
          "val2": "10.07%",
          "chgp": "0.32%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 23.20% vs 8.90% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 61.19% vs -42.98% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "402.69",
          "val2": "326.85",
          "chgp": "23.20%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "33.58",
          "val2": "22.71",
          "chgp": "47.86%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.36",
          "val2": "2.95",
          "chgp": "-20.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "22.18",
          "val2": "13.76",
          "chgp": "61.19%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.34%",
          "val2": "6.95%",
          "chgp": "1.39%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 9.25% vs 44.99% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -55.20% vs 1,344.72% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "418.91",
          "val2": "383.45",
          "chgp": "9.25%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "32.40",
          "val2": "38.26",
          "chgp": "-15.32%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "3.83",
          "val2": "5.32",
          "chgp": "-28.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "20.84",
          "val2": "46.52",
          "chgp": "-55.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.73%",
          "val2": "9.98%",
          "chgp": "-2.25%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
119.94
94.20
27.32%
Operating Profit (PBDIT) excl Other Income
4.21
-0.71
692.96%
Interest
1.17
0.75
56.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.94
-1.49
230.20%
Operating Profit Margin (Excl OI)
3.51%
-0.75%
4.26%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 27.32% vs 11.29% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is 230.20% vs 77.73% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
282.75
232.65
21.53%
Operating Profit (PBDIT) excl Other Income
29.37
23.42
25.41%
Interest
1.19
2.20
-45.91%
Exceptional Items
0.00
0.00
Standalone Net Profit
20.24
15.25
32.72%
Operating Profit Margin (Excl OI)
10.39%
10.07%
0.32%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 21.53% vs 7.96% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 32.72% vs -50.52% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
402.69
326.85
23.20%
Operating Profit (PBDIT) excl Other Income
33.58
22.71
47.86%
Interest
2.36
2.95
-20.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
22.18
13.76
61.19%
Operating Profit Margin (Excl OI)
8.34%
6.95%
1.39%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 23.20% vs 8.90% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 61.19% vs -42.98% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
418.91
383.45
9.25%
Operating Profit (PBDIT) excl Other Income
32.40
38.26
-15.32%
Interest
3.83
5.32
-28.01%
Exceptional Items
0.00
0.00
Standalone Net Profit
20.84
46.52
-55.20%
Operating Profit Margin (Excl OI)
7.73%
9.98%
-2.25%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 9.25% vs 44.99% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -55.20% vs 1,344.72% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Timex Group India Ltd stock-summary
stock-summary
Timex Group India Ltd
Small Cap
Lifestyle
Timex Group India Ltd (Formerly known Timex Watches Limited) was incorporated on 4 Oct.'88 and received the Certificate of Commencement of Business on 5 Jan.'89. The Company was promoted by Titan Watches (a Tata Group Company) and Timex Corporation, US, to manufacture 2.5 million watches at Noida, UP, at a cost of Rs 825 million. Currently, Timex, US, holds a 29.68% stake in the company. In Aug.'93, the company came out with a public issue of 35.74 lac 12.
Company Coordinates stock-summary
Company Details
106-107 Ambadeep, 14 Kasturba Gandhi Marg New Delhi New Delhi : 110001
stock-summary
Tel: 91-011-4102 1297
stock-summary
http://www.timexindia.com
stock-summary
investor.relations@timex.com
Registrar Details
Alankit Assignments Ltd , Alankit House , 2 E/21, Jhandewala Extension, New Delhi
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