Timex Group India
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Timex Group India share price

Timex Group India Ltd.

NSE: TIMEXWATCH BSE: 500414 SECTOR: Watches & Accessories  51k   251   17

193.65
+2.05 (1.07%)
BSE: 14 Nov 4:00 PM

Price Summary

Today's High

₹ 207

Today's Low

₹ 189.05

52 Week High

₹ 207

52 Week Low

₹ 113.45

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 1954.9 Cr.

Enterprise Value

₹ 1952.79 Cr.

No. of Shares

10.1 Cr.

P/E

75.68

P/B

22.09

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  8.77

CASH

₹ 3.93 Cr.

DEBT

₹ 1.82 Cr.

Promoter Holding

74.93 %

EPS (TTM)

₹  2.56

Sales Growth

9.25%

ROE

0 %

ROCE

37.62%

Profit Growth

-55.2 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of Timex Group India Ltd.

Nautica Marc Ecko Helix Salvatore Ferragamo Sequel Guess Vertime Versace iConnect Celestial Opulence Giorgio Galli Collection Ted Baker Versus TESLAR TMX Helix

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year9.25%
3 Year43.79%
5 Year11.63%

Profit Growth

1 Year-55.2%
3 Year66.33%
5 Year22.81%

ROE%

1 Year0%
3 Year0%
5 Year0%

ROCE %

1 Year37.62%
3 Year38.13%
5 Year19.18%

Debt/Equity

0.0224

Price to Cash Flow

60.35

Interest Cover Ratio

8.1362

CFO/PAT (5 Yr. Avg.)

0.929735066644726

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 74.93 0.00
Jun 2024 74.93 0.00
Mar 2024 74.93 0.00
Dec 2023 74.93 0.00
Sep 2023 74.93 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 66.3314109677591% for the Past 3 years.
  • The company has shown a good revenue growth of 43.7920915461008% for the Past 3 years.
  • The company has significantly decreased its debt by 22.82 Cr.
  • Company has been maintaining healthy ROCE of 38.1299964835432% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 8.1362.
  • The company has an efficient Cash Conversion Cycle of 12.646 days.
  • The company has a high promoter holding of 74.93%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 4.28051252107594.

 Limitations

  • Company has a poor ROE of 0% over the past 3 years.
  • Company has contingent liabilities of 55.75 Cr.
  • The company has a low EBITDA margin of 3.40915259217152% over the past 5 years.
  • The company is trading at a high PE of 75.68.
  • The company is trading at a high EV/EBITDA of 47.754.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 126.36 94.2 92.06 108.67 174.08
Total Expenditure 110.26 94.91 82.37 104.43 148.95
Operating Profit 16.1 -0.71 9.69 4.24 25.13
Other Income 0.57 0.35 1.48 0.52 0.09
Interest 1.07 0.75 0.88 0.66 0.53
Depreciation 0.9 0.88 0.91 0.85 0.84
Exceptional Items 0 0 0 0 0
Profit Before Tax 14.7 -1.99 9.38 3.25 23.85
Tax 3.7 -0.5 2.3 0.82 6.04
Profit After Tax 11 -1.49 7.08 2.43 17.81
Adjusted EPS (Rs) 1.09 -0.15 0.7 0.24 1.76

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 251.9 140.9 264.46 383.45 418.91
Total Expenditure 248.27 144.45 256.36 345.14 386.45
Operating Profit 3.63 -3.55 8.1 38.31 32.46
Other Income 0.39 1.21 1.08 0.33 2.77
Interest 2.85 2.23 2.39 5.37 3.89
Depreciation 2.97 3.54 3.57 3.6 3.58
Exceptional Items 0 0 0 0 0
Profit Before Tax -1.8 -8.11 3.22 29.67 27.76
Tax 0 -0.1 0 -16.85 6.92
Net Profit -1.8 -8.01 3.22 46.52 20.84
Adjusted EPS (Rs.) -0.18 -0.79 0.32 4.61 2.06

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 86.2 86.2 86.2 84.59 84.59
Total Reserves -65.52 -73.65 -70.63 -24.07 -3.3
Borrowings 0 0 0 1.67 1.82
Other N/C liabilities 19.15 18.63 18.71 7.04 13.81
Current liabilities 102.92 74.52 96.12 108.25 94.32
Total Liabilities 142.75 105.7 130.4 177.48 191.24
Assets
Net Block 22.57 19.61 17.29 16.56 14.89
Capital WIP 0 0 0 0.16 0
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 1.33 0.96 0.97 1.58 1.9
Other N/C Assets 0.21 0 0 0 0.03
Current Assets 118.64 85.13 112.14 159.18 174.42
Total Assets 142.75 105.7 130.4 177.48 191.24
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations -1.8 -8.11 3.22 29.67 27.76
Adjustment 8.75 3.69 4.78 9.13 5.82
Changes in Assets & Liabilities 2.63 26.37 -25.56 -28.65 -0.83
Tax Paid -0.08 0.49 -0.1 -0.32 -0.36
Operating Cash Flow 9.5 22.44 -17.66 9.83 32.39
Investing Cash Flow -1.48 -0.17 -1.03 -1.34 -1.33
Financing Cash Flow -10.01 -21.13 17.72 -7.55 -28.43
Net Cash Flow -1.99 1.14 -0.97 0.94 2.63

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 74.93 74.93 74.93 74.93 74.93
timex group luxury watche... - 74.93 - 74.93 74.93
timex group luxury watche... 74.93 - 74.93 - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 25.07 25.07 25.07 25.07 25.07
chetan jayantilal shah 1.88 1.88 1.88 1.88 1.88
llp - - - - 0.83

Annual Reports

Ratings & Research Reports

No Credit and Research reports exist for this company.Report us

Company Presentations

Company News

Timex Group India - Quaterly Results 24 Oct, 6:08 PM Timex Group India - Quaterly Results 24 Oct, 6:08 PM Timex Group India - Quaterly Results 31 Jul, 5:38 PM Timex Group India - Quaterly Results 31 Jul, 5:38 PM Timex Group India - Quaterly Results 31 Jul, 5:38 PM Timex Group India informs about loss of share certificate 17 Jul, 5:01 PM Timex Group India - Quaterly Results 28 May, 7:41 PM Timex Group India informs about board meeting 27 Mar, 5:30 PM Timex Group India informs about loss of share certificate 13 Mar, 5:33 PM Timex Group India - Quaterly Results 1 Feb, 7:20 PM Timex Group India - Quaterly Results 1 Feb, 7:20 PM Timex Group India informs about disclosure 20 Jan, 1:19 PM Timex Group India - Quaterly Results 3 Nov, 7:55 PM Timex Group India - Quaterly Results 3 Nov, 7:55 PM Timex Group India inks Job Work agreement with Time Master Watches and Accessories 20 Oct, 11:38 AM Timex Group India - Quaterly Results 9 Aug, 6:41 PM Timex Group India - Quaterly Results 9 Aug, 6:41 PM Timex Group India - Quaterly Results 23 May, 7:35 PM Timex Group India - Quaterly Results 23 May, 7:35 PM Timex Group India informs about closure of trading window 31 Mar, 3:19 PM Timex Group India - Quaterly Results 2 Feb, 7:46 PM Timex Group India - Quaterly Results 2 Feb, 7:46 PM Timex enters Web3 with custom one-of-one watch and NFTs 5 Jan, 4:00 PM Timex Group India informs about board meeting intimation 30 Dec, 5:14 PM Timex Group India - Quaterly Results 1 Nov, 6:27 PM Timex Group India - Quaterly Results 1 Nov, 6:27 PM Timex Group India launches all new Helix Metalfit 3.0 Smartwatch 9 Aug, 3:09 PM Timex Group India - Quaterly Results 4 Aug, 7:05 PM Timex Group India - Quaterly Results 4 Aug, 7:05 PM Timex Group India unveils Waterbury Ocean collection 7 Jul, 3:23 PM Timex Group unveils special edition collection in collaboration with Netflix's Stranger Things 15 Jun, 3:35 PM Timex Group India - Quaterly Results 26 May, 7:18 PM Timex Group India - Quaterly Results 26 May, 7:18 PM Timex Group India - Quaterly Results 3 Feb, 8:18 PM Timex Group India - Quaterly Results 3 Feb, 8:18 PM Timex Group India seals agreements with Timex Nederland B.V 10 Jan, 4:54 PM Timex Group inks new license agreement with Judith Leiber Couture 6 Dec, 5:48 PM Timex Group India gets LoI for Guess and GC brand of watches 1 Dec, 11:14 AM Timex Group India informs about reconciliation of share capital audit report 20 Oct, 2:46 PM Timex India, Benetton India reveal watch line ‘Benetton Timewear’ 12 Oct, 12:09 PM Timex Group India informs about investors call 21 Sep, 3:43 PM Timex Group India informs about 33rd AGM 11 Aug, 10:02 AM Timex Group India launches second generation of smartwatches ‘Helix Smart 2.0’ 15 Jul, 4:08 PM Timex Group India informs about board meeting 6 May, 11:03 AM Timex Group India informs about shareholding pattern of preference shares 21 Apr, 4:27 PM Timex India, Benetton India enter into licensing agreement 13 Apr, 12:37 PM Timex Group India informs about disclosure 7 Apr, 4:27 PM Timex Group India informs about half yearly certificate 16 Oct, 5:05 PM

Timex Group India Stock Price Analysis and Quick Research Report. Is Timex Group India an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Timex Group India stock price today is Rs 193.65. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Timex Group India . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Timex Group India has a PE ratio of 75.6829640051589 which is high and comparatively overvalued .

  • Share Price: - The current share price of Timex Group India is Rs 193.65. One can use valuation calculators of ticker to know if Timex Group India share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Timex Group India has ROA of 11.304 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Timex Group India has a Current ratio of 1.8492 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Timex Group India has a ROE of 0 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Timex Group India has a Debt to Equity ratio of 0.0224 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Timex Group India has reported revenue growth of 9.2476 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Timex Group India for the current financial year is 7.74868110095248 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Timex Group India is Rs 0 and the yield is 0 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Timex Group India is Rs 2.5587 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Timex Group India in Ticker for free. Also, one can get the intrinsic value of Timex Group India by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Timex Group India

Timex Group India Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

Timex Group India Ltd, a subsidiary of Timex Group USA, is a leading watch manufacturer in India. The company was established in 1986 and is headquartered in Gurugram, India. Timex has a wide range of watch brands, from luxury to affordable, catering to a diverse customer base. Some of their popular brands include Timex, Helix, Nautica, Salvatore Ferragamo, and Versace.

Timex demonstrates a commitment to innovation, continually adapting its design and development capabilities to meet market demands. This has led them to become a leading player in the Indian watch industry.

Timex Group India Ltd. - Share Price

As a publicly listed company, Timex Group India Ltd is traded on the National Stock Exchange of India (NSE). Timex's stock price is influenced by various factors, such as company performance, global economic conditions, and industry trends.

Investors interested in equity investment can find Timex's share price on our website using our pre-built screening tools. These screens offer various parameters such as market capitalization, price-earnings ratio, dividend yield, and other financial metrics to identify potential investment opportunities.

Timex Group India Ltd. - Balance Sheet

Analyzing a company's balance sheet is vital to assessing its financial health. Timex Group India Ltd's balance sheet can be found on our website's stock analysis page.

Our website offers various premium features to assist investors in performing fundamental analysis. One such tool is our DuPont analysis, which breaks down the return on equity (ROE) into its key components and provides a deeper understanding of the company's performance.

Timex Group India Ltd. - Annual Report

The annual report is a comprehensive document that provides a detailed overview of the company's operations, financials, management discussion, and analysis. Timex's annual report is available as a downloadable document on our website.

Investors can use our BVPS analysis tool to calculate book value per share, an essential metric while evaluating a company's value proposition. This will enable investors to make informed investment decisions based on the company's financial standing.

Timex Group India Ltd. - Dividend

Dividends are an important factor for investors interested in long-term investment. Timex Group India Ltd's dividend history can be found on our stock analysis page.

Using our DCF analysis tool, investors can also calculate the fair value of the stock based on the company's cash flows. This tool considers various parameters such as growth rate, discount rate, and cash flows to arrive at the fair value of the stock.

Timex Group India Ltd. - Quarterly Result

Timex Group India Ltd publishes quarterly results to provide investors with insights into the company's financial performance. These results are available for download on our stock analysis page.

Investors can take advantage of our earnings multiple approach tool to assess the company's projected future earnings and estimate the stock's fair value. This analysis proves helpful in predicting the potential price appreciation of the stock.

Timex Group India Ltd. - Stock Price

The stock price of Timex Group India Ltd is subject to market volatility, industry trends, and company performance. Our website provides real-time stock price updates of Timex Group India Ltd.

Investors can also access the latest news releases, concall transcripts, and investor presentations to stay informed about Timex's performance.

Timex Group India Ltd. - Price Chart

Our stock analysis page includes a price chart that helps investors visualize Timex Group India Ltd's stock price trend over time. This enables investors to identify any patterns or trends in the stock's performance and make informed trading decisions.

Timex Group India Ltd. - News

Keeping an eye on the latest news and developments is necessary for investors interested in long-term investment in stocks. Our website provides the latest news updates, including company developments, industry trends, and economic events that may impact Timex Group India Ltd's stock price.

Timex Group India Ltd. - Concall Transcripts

Concall transcripts are recordings of company management addressing questions from analysts and investors during earnings announcements or other significant events. Our website hosts downloadable concall transcripts for Timex Group India Ltd, allowing investors to gain insights into the company's operations, future plan, and overall strategy.

Timex Group India Ltd. - Investor Presentations

Investor presentations provide detailed information about the company's financials, strategy, and operations. Timex Group India Ltd's investor presentations are available on our website.

Our website provides investors with research reports and credit ratings from reliable sources to aid in making informed investment decisions.

Timex Group India Ltd. - Promoters

Promoters are the founding members of the company who hold a substantial stake in the company. Timex Group India Ltd has a strong promoter group, including the Timex Group USA.

Investors can find information on the promoter's stake in the company and their contributions to Timex's growth on our stock analysis page.

Timex Group India Ltd. - Shareholders

Timex Group India Ltd has a diverse group of shareholders, including retail investors and institutional investors. Detailed information about the company's shareholding patterns is available on our website's stock analysis page.

In conclusion, Timex Group India Ltd is a leading watch manufacturer in India, offering a broad range of luxury and affordable watch brands. Our website provides comprehensive stock analysis tools designed to assist investors in analyzing the company's financial data, news, and other relevant information. These tools include pre-built screening tools, premium features such as DCF and BVPS analysis, earnings multiple approach, and DuPont analysis, among others. Investors can also download the company's annual reports, credit ratings, and research reports on our website.

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