Arthneeti

Timex Group India Q1 FY27 Share Price & Earnings Call Analysis

₹673.25+5.17% today
Market cap
₹6,796 Cr
P/E
76.18
ROE
157.63%
PEG
3.92
Price to sales
8.01
Debt to equity
0.95
52W high / low
₹735 / ₹245
Sales growth (5Y)
41.48%
EBITDA margin
15.05%
Net profit margin
9.93%
Promoter holding
51.00%
Sales (last year)
₹849 Cr

Timex Group India Limited is a group company of Tanager Group B.V. (formerly known as Timex Group B.V.). The Co is engaged in manufacturing and trading of watches and rendering of related after sales service. The Company also provides information and technology support services to the Group Companies. [1][2]

Potential multibaggers · Q2 FY27

Potential multibaggers in Consumer Durables
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Timex Group rank?

Portfolio builder

Build your portfolio
from the top-ranked stocks

  1. 1. Pick 3–15 stocks
  2. 2. Choose large, mid or small cap and your sectors
  3. 3. Get a portfolio built from the rankings
Build my portfolio

Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Consumer Durables companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹151 Cr13.8
240%+Up 0–2%₹2,267 Cr12.2
340%+Up 0–2%₹1,934 Cr16.9
440%+Flat₹2,338 Cr39.6
540%+Flat₹1,975 Cr20.8
640%+Flat₹528 Cr16.7

Sign up free to see every company in the sector ranking and track Timex Group.

Pro shows every company guiding 40%+ revenue growth →Full Consumer Durables ranking

Financials of Timex Group

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Timex Group

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +831061269492109174120135169244151235
Expenses +76991109582104149116121147201141195
Operating Profit8716-11042541422431040
OPM %9%7%13%-1%11%4%14%4%11%13%17%6%17%
Other Income +00101100100-2-1
Interest1111111111111
Depreciation1111111111111
Profit before tax6615-293243132041537
Tax %-304%25%25%-25%25%25%25%26%29%26%26%33%25%
Net Profit +22411-17218291530327
EPS in Rs2.220.421.09-0.150.700.241.760.190.921.452.990.322.71

Financials of Timex Group

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +142173200207242252141264383419538799
Expenses +150176199197230248144256345386490684
Operating Profit-8-3211114-48383248114
OPM %-6%-2%1%5%5%1%-3%3%10%8%9%14%
Other Income +2-0010011032-3
Interest343223225445
Depreciation232223444433
Profit before tax-11-9-388-2-83302843102
Tax %0%0%0%0%11%0%-1%0%-57%25%27%26%
Net Profit +-11-9-387-2-8347213175
EPS in Rs-1.09-0.92-0.320.740.74-0.18-0.790.324.612.063.117.47
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Financials of Timex Group

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital101010101010101010101010
Reserves-65-75-2-71-64-66-74-71-24-315101
Borrowings +69762510410310991111110861016
Other Liabilities +10411864787389788098108126220
Total Liabilities11712997121122143106130194201252338
Fixed Assets +111287823201717151211
CWIP000000000000
Investments000000000000
Other Assets +1061178811411312086113178186240326
Total Assets11712997121122143106130194201252338

Financials of Timex Group

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-8-1-23-161022-181032-391
Cash from Investing Activity +-1-2-1-0-4-1-0-1-1-1-0-1
Cash from Financing Activity +83240-3-10-2118-8-28-0-56
Net Cash Flow-1-0-0-1-1-21-113-434
Free Cash Flow-9-4-24-12822-19831-489
CFO/OP101%50%-1,484%-7%56%264%-618%-217%26%101%10%104%

Financials of Timex Group

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days176150751048191986750453727
Inventory Days124134120149132111155132161159178158
Days Payable3583281662201541722691381111048697
Cash Conversion Cycle-58-4429335930-156110010012988
Working Capital Days-78-83-7122122242247667449
ROCE %-72%-45%-2%25%22%2%-14%14%48%33%43%93%
91out of 100

Momentum score · price trend

91 out of 100 — Strengthening

Over the past year its share price has done better than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months+67.9%90%
Last 6 months+82.7%95%
Last 3 months+16.5%87%
How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Timex Group: 0.4 × 90 + 0.4 × 95 + 0.2 × 87 = 91.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Timex Group's management said in earlier quarters

Others in Consumer Durables this season

  • Bata India (Q2 FY27)

    Revenue from Operations for Q2 FY27: INR 8,618 million, up 7.5% YoY. Key investor presentation takeaways from Bata India Ltd's Q2 FY27 investor presentation — a

  • RBZ Jewellers Lt (Q2 FY27)

    Q2 FY27 Operational Revenue: INR 2,247 Mn, up 54.9% YoY (Q2 FY26: INR 1,451 Mn) (Page 32, 28) . Key investor presentation takeaways from RBZ Jewellers Ltd's Q2

  • Global Surfaces (Q2 FY27)

    Q2-FY27 revenue from operations was INR 599 Mn, a 10.7% increase YoY from INR 541 Mn in Q2-FY26 (Page 21). Key investor presentation takeaways from Global Surfa

  • Kabra Jewels (Q2 FY27)

    356 crore, up 14% YoY . Key results statement takeaways from Kabra Jewels Ltd's Q2 FY27 results statement — and how it ranks against sector peers.

Compare:vs Titan Companyvs Asian Paintsvs LG Electronics