Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹435, the stock trades at a trailing P/E ratio of 58.3x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 170% over the past three years. Reported Earnings • May 27
Full year 2026 earnings released: EPS: ₹7.30 (vs ₹2.62 in FY 2025) Full year 2026 results: EPS: ₹7.30 (up from ₹2.62 in FY 2025). Revenue: ₹8.01b (up 49% from FY 2025). Net income: ₹754.4m (up 185% from FY 2025). Profit margin: 9.4% (up from 4.9% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year whereas the company’s share price has increased by 43% per year. Buy Or Sell Opportunity • May 27
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 48% to ₹425. The fair value is estimated to be ₹339, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 46%. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹314, the stock trades at a trailing P/E ratio of 60.4x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 120% over the past three years. Anuncio • Mar 27
Timex Group India Limited to Report Fiscal Year 2026 Results on May 26, 2026 Timex Group India Limited announced that they will report fiscal year 2026 results on May 26, 2026 Reported Earnings • Feb 04
Third quarter 2026 earnings released: EPS: ₹0.19 (vs ₹0.16 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.19 (up from ₹0.16 in 3Q 2025). Revenue: ₹1.52b (up 26% from 3Q 2025). Net income: ₹32.0m (up 65% from 3Q 2025). Profit margin: 2.1% (up from 1.6% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. New Risk • Dec 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 05
Second quarter 2026 earnings released: EPS: ₹2.87 (vs ₹1.70 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.87 (up from ₹1.70 in 2Q 2025). Revenue: ₹2.44b (up 40% from 2Q 2025). Net income: ₹302.3m (up 70% from 2Q 2025). Profit margin: 12% (up from 10% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Sep 26
Timex Group India Limited to Report Q2, 2026 Results on Nov 04, 2025 Timex Group India Limited announced that they will report Q2, 2026 results on Nov 04, 2025 Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹260, the stock trades at a trailing P/E ratio of 67.7x. Average trailing P/E is 25x in the Luxury industry in India. Total returns to shareholders of 224% over the past three years. Reported Earnings • Jul 23
Full year 2025 earnings released: EPS: ₹2.62 (vs ₹1.36 in FY 2024) Full year 2025 results: EPS: ₹2.62 (up from ₹1.36 in FY 2024). Revenue: ₹5.38b (up 28% from FY 2024). Net income: ₹264.9m (up 93% from FY 2024). Profit margin: 4.9% (up from 3.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings. Anuncio • Jul 09
Timex Group India Limited, Annual General Meeting, Aug 21, 2025 Timex Group India Limited, Annual General Meeting, Aug 21, 2025, at 16:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹215, the stock trades at a trailing P/E ratio of 69.2x. Average trailing P/E is 26x in the Luxury industry in India. Total returns to shareholders of 214% over the past three years. Anuncio • Jun 26
Timex Group India Limited to Report Q4, 2025 Results on Jul 29, 2025 Timex Group India Limited announced that they will report Q4, 2025 results on Jul 29, 2025 Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to ₹220, the stock trades at a trailing P/E ratio of 70.8x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 256% over the past three years. Reported Earnings • May 10
Full year 2025 earnings released: EPS: ₹2.62 (vs ₹1.36 in FY 2024) Full year 2025 results: EPS: ₹2.62 (up from ₹1.36 in FY 2024). Revenue: ₹5.40b (up 29% from FY 2024). Net income: ₹314.2m (up 129% from FY 2024). Profit margin: 5.8% (up from 3.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings. New Risk • May 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Profit margins are more than 30% lower than last year (4.5% net profit margin). Anuncio • Mar 27
Timex Group India Limited to Report Fiscal Year 2025 Results on May 06, 2025 Timex Group India Limited announced that they will report fiscal year 2025 results on May 06, 2025 Anuncio • Mar 11
Timex Group India Limited Announces Appointment of Ms. Shruti Gautam Baruah as Brand Head - Timex Business Unit Timex Group India Limited announced Appointment of Ms. Shruti Gautam Baruah as Brand Head - Timex Business Unit of the Company with effect from March 11, 2025. Brief profile (in case of appointment) . Ms. Shruti Gautam Baruah has 25 years of rich & extensive experience in different aspects of apparel business across diverse profiles. Proficient at design research, OTB planning, Option plan working, Product development, Cost and MRP strategy. Demonstrated success in new Brand launches - IZOD and WROGN and developing them into mainstream brands - managing the entire product cycle from Development to season launch by following the TNA calendar, to ensuring that the VM is correct, tracking sell through and taking corrective actions. Strategizing ranges to make them relevant for each channel, Buying - based on region-wise performance and market research and competition tracking and ensuring that the end goals of the Brand are met. She has previously worked with Universal Sportsbiz Pvt. Ltd. as Brand Head ofWrogn with Arvind Brands Pvt. Ltd. as Product Head -IZOD and as Manager Retail Merchandising for the Brand Arrow - Womenswear and Menswear, with Weekender as Manager - Merchandising - Menswear and Womenswear, with Indus League Clothing as Asst Manager Merchandising for Urban Yoga, with Weekender as Sr. Manager Merchandising or Brand Weekender and with Jay Gee Fashions as Merchandiser for MTV Apparels. She has done P.G. Dipl. In Garment Manufacturing Technology from NIFT, New Delhi and B.Sc. (Ag & A.H.) from CSA Univ of Agri & Tech, Kanpur. Reported Earnings • Jan 31
Third quarter 2025 earnings released: EPS: ₹0.07 (vs ₹0.11 loss in 3Q 2024) Third quarter 2025 results: EPS: ₹0.07 (up from ₹0.11 loss in 3Q 2024). Revenue: ₹1.20b (up 29% from 3Q 2024). Net income: ₹19.4m (up ₹27.0m from 3Q 2024). Profit margin: 1.6% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Dec 27
Timex Group India Limited to Report Q3, 2025 Results on Jan 30, 2025 Timex Group India Limited announced that they will report Q3, 2025 results on Jan 30, 2025 New Risk • Dec 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (4.0% net profit margin). Reported Earnings • Oct 25
Second quarter 2025 earnings released: EPS: ₹1.70 (vs ₹0.91 in 2Q 2024) Second quarter 2025 results: EPS: ₹1.70 (up from ₹0.91 in 2Q 2024). Revenue: ₹1.74b (up 38% from 2Q 2024). Net income: ₹178.1m (up 62% from 2Q 2024). Profit margin: 10% (up from 8.7% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Sep 26
Timex Group India Limited to Report Q2, 2025 Results on Oct 24, 2024 Timex Group India Limited announced that they will report Q2, 2025 results on Oct 24, 2024 Anuncio • Sep 10
Timex Group India Limited Announces Resignation of Paul King Ruban as Brand Head - Timex and Senior Management Personnel Timex Group India Limited informed that Mr. Paul King Ruban, Brand Head - Timex and Senior Management Personnel of the Company has, due to his personal reasons, resigned from his position. His last working day with the Company was September 7, 2024. Reported Earnings • Aug 01
First quarter 2025 earnings released: EPS: ₹0.06 (vs ₹0.24 in 1Q 2024) First quarter 2025 results: EPS: ₹0.06 (down from ₹0.24 in 1Q 2024). Revenue: ₹1.09b (up 2.7% from 1Q 2024). Net income: ₹24.3m (down 43% from 1Q 2024). Profit margin: 2.2% (down from 4.0% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Jul 22
Timex Group India Limited, Annual General Meeting, Sep 04, 2024 Timex Group India Limited, Annual General Meeting, Sep 04, 2024, at 16:00 Indian Standard Time. Buy Or Sell Opportunity • Jul 08
Now 21% undervalued Over the last 90 days, the stock has risen 6.7% to ₹152. The fair value is estimated to be ₹191, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. Anuncio • Jun 27
Timex Group India Limited to Report Q1, 2025 Results on Jul 31, 2024 Timex Group India Limited announced that they will report Q1, 2025 results on Jul 31, 2024 Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹143, the stock trades at a trailing P/E ratio of 69.4x. Average trailing P/E is 27x in the Luxury industry in India. Total returns to shareholders of 245% over the past three years. Reported Earnings • May 29
Full year 2024 earnings released: EPS: ₹1.36 (vs ₹3.90 in FY 2023) Full year 2024 results: EPS: ₹1.36 (down from ₹3.90 in FY 2023). Revenue: ₹4.22b (up 10.0% from FY 2023). Net income: ₹208.4m (down 47% from FY 2023). Profit margin: 4.9% (down from 10% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 67% per year whereas the company’s share price has increased by 62% per year. New Risk • May 21
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Anuncio • Mar 28
Timex Group India Limited to Report Fiscal Year 2024 Results on May 28, 2024 Timex Group India Limited announced that they will report fiscal year 2024 results on May 28, 2024 Anuncio • Dec 28
Timex Group India Limited to Report Q3, 2024 Results on Feb 01, 2024 Timex Group India Limited announced that they will report Q3, 2024 results on Feb 01, 2024 Anuncio • Nov 29
Sylvain Ernest Louis Tatu Resigns as Non-Executive Director of Timex Group India Limited Timex Group India Limited announced that Mr. Sylvain Ernest Louis Tatu (DIN: 09125924) has, vide his letter dated November 27, 2023, resigned from the position of Non-Executive Director of the Company with effect from November 27, 2023 due to his personal reasons. Reported Earnings • Nov 04
Second quarter 2024 earnings released: EPS: ₹0.91 (vs ₹1.69 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.91 (down from ₹1.69 in 2Q 2023). Revenue: ₹1.27b (up 4.7% from 2Q 2023). Net income: ₹110.0m (down 42% from 2Q 2023). Profit margin: 8.7% (down from 16% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 109% per year whereas the company’s share price has increased by 105% per year. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹188, the stock trades at a trailing P/E ratio of 59.9x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 718% over the past three years. Anuncio • Sep 29
Timex Group India Limited to Report Q2, 2024 Results on Nov 03, 2023 Timex Group India Limited announced that they will report Q2, 2024 results on Nov 03, 2023 Anuncio • Aug 24
Timex Group India Limited announced that it expects to receive INR 273.15264 million in funding from Timex Group Luxury Watches B.V. Timex Group India Limited announced a private placement to issue 10.25% 27,315,264 Cumulative Redeemable Non-Convertible Preference Shares at an issue price of INR 10 per share for the gross proceeds of INR 273,152,640 on August 23, 2023. The transaction will include participation from returning investor Timex Group Luxury Watches B.V. The transaction has been approved by the shareholders of the company. New Risk • Aug 11
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 57% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company. Reported Earnings • Jul 31
Full year 2023 earnings released: EPS: ₹3.90 (vs ₹0.39 loss in FY 2022) Full year 2023 results: EPS: ₹3.90 (up from ₹0.39 loss in FY 2022). Revenue: ₹3.83b (up 45% from FY 2022). Net income: ₹394.1m (up ₹433.0m from FY 2022). Profit margin: 10% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 101% per year, which means it is significantly lagging earnings growth. Anuncio • Jul 24
Timex Group India Limited, Annual General Meeting, Aug 23, 2023 Timex Group India Limited, Annual General Meeting, Aug 23, 2023, at 16:00 Indian Standard Time. Anuncio • Jun 30
Timex Group India Limited to Report Q1, 2024 Results on Aug 09, 2023 Timex Group India Limited announced that they will report Q1, 2024 results on Aug 09, 2023 Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹170, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 683% over the past three years. Reported Earnings • May 25
Full year 2023 earnings released: EPS: ₹3.90 (vs ₹0.39 loss in FY 2022) Full year 2023 results: EPS: ₹3.90 (up from ₹0.39 loss in FY 2022). Revenue: ₹3.84b (up 45% from FY 2022). Net income: ₹465.2m (up ₹504.1m from FY 2022). Profit margin: 12% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 97% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹146, the stock trades at a trailing P/E ratio of 76.3x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 564% over the past three years. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₹120, the stock trades at a trailing P/E ratio of 62.7x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 200% over the past three years. Reported Earnings • Feb 05
Third quarter 2023 earnings released: ₹0.84 loss per share (vs ₹0.68 loss in 3Q 2022) Third quarter 2023 results: ₹0.84 loss per share (further deteriorated from ₹0.68 loss in 3Q 2022). Revenue: ₹846.5m (up 30% from 3Q 2022). Net loss: ₹66.9m (loss widened 31% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Anuncio • Dec 30
Timex Group India Limited to Report Q3, 2023 Results on Feb 02, 2023 Timex Group India Limited announced that they will report Q3, 2023 results on Feb 02, 2023 Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improved over the past week After last week's 21% share price gain to ₹127, the stock trades at a trailing P/E ratio of 61.2x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 256% over the past three years. Reported Earnings • Nov 03
Second quarter 2023 earnings released: EPS: ₹1.69 (vs ₹0.98 in 2Q 2022) Second quarter 2023 results: EPS: ₹1.69 (up from ₹0.98 in 2Q 2022). Revenue: ₹1.21b (up 38% from 2Q 2022). Net income: ₹188.1m (up 66% from 2Q 2022). Profit margin: 16% (up from 13% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Anuncio • Oct 01
Timex Group India Limited to Report Q2, 2023 Results on Nov 01, 2022 Timex Group India Limited announced that they will report Q2, 2023 results on Nov 01, 2022 Valuation Update With 7 Day Price Move • Aug 31
Investor sentiment improved over the past week After last week's 17% share price gain to ₹98.75, the stock trades at a trailing P/E ratio of 74.4x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 176% over the past three years. Reported Earnings • Aug 05
First quarter 2023 earnings released: EPS: ₹1.01 (vs ₹0.74 loss in 1Q 2022) First quarter 2023 results: EPS: ₹1.01 (up from ₹0.74 loss in 1Q 2022). Revenue: ₹945.3m (up 195% from 1Q 2022). Net income: ₹120.1m (up ₹172.9m from 1Q 2022). Profit margin: 13% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 06
Full year 2022 earnings released: ₹0.39 loss per share (vs ₹1.64 loss in FY 2021) Full year 2022 results: ₹0.39 loss per share (up from ₹1.64 loss in FY 2021). Revenue: ₹2.65b (up 88% from FY 2021). Net loss: ₹38.9m (loss narrowed 77% from FY 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Jul 01
Timex Group India Limited to Report Q1, 2023 Results on Aug 04, 2022 Timex Group India Limited announced that they will report Q1, 2023 results on Aug 04, 2022 Anuncio • Jun 25
Timex Group India Limited, Annual General Meeting, Jul 28, 2022 Timex Group India Limited, Annual General Meeting, Jul 28, 2022, at 16:00 Indian Standard Time. Anuncio • May 28
Timex Group India Limited announced that it expects to receive INR 25 million in funding Timex Group India Limited announced a private placement of up to 25,00,000, 0.09% non-cumulative redeemable non-convertible preference shares of INR 10 each at par aggregating to INR 2,50,00,000 on private placement basis on May 26, 2022. The preference shares will be redeemable after 5 years from the date of allotment with an option with the company for an early redemption anytime. The preference shares are unsecured and do not carry any charge on the assets of the company. The preference shares shall carry a preferential right vis-à-vis Equity Shares of the company with respect to the payment of dividend and repayment in case of winding up or repayment of capital. The transaction has been approved by the board of directors. Reported Earnings • May 28
Full year 2022 earnings released: ₹0.39 loss per share (vs ₹1.64 loss in FY 2021) Full year 2022 results: ₹0.39 loss per share (up from ₹1.64 loss in FY 2021). Revenue: ₹2.66b (up 89% from FY 2021). Net income: ₹32.2m (up ₹198.0m from FY 2021). Profit margin: 1.2% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year. Anuncio • May 20
Timex Group India Limited Appoints Deepak Chhabra as Managing Director Timex Group India Limited announced the appointment of Deepak Chhabra as its Managing Director. Chhabra brings with him over two decades of experience in the field of Retail, Brand management, Strategic Business Planning, P&L Management, Sales, and Merchandising. With his insightful leadership, he will be responsible for strategizing and driving key initiatives, delivering superior brand and customer experiences through innovative business planning solutions. Anuncio • Apr 02
Timex Group India Limited to Report Q4, 2022 Results on May 26, 2022 Timex Group India Limited announced that they will report Q4, 2022 results on May 26, 2022 Anuncio • Mar 10
Timex Announces Spring/Summer 2022 Collection Timex introduced its Spring/Summer seasonal lineup, kicking off with the release of the iconic Q Timex™ 1972 Reissue to celebrate 50 years of quartz. New additions to the Waterbury collection also make an appearance this season, as do collaborations with an iconic arcade game and fan-favorite TV show. These pieces, designed at the Giorgio Galli Design Lab in Milan, Italy, stay true to the organization's WE DON'T STOP® ethos, paying tribute to the Timex tradition of perseverance and watchmaking ingenuity. At the start of its rich heritage, Timex revolutionized the timekeeping industry, making well-built home clocks accessible to more than just the wealthy. Then came the quartz crisis of the early 1970s. While traditional Swiss watchmakers struggled, Timex innovated, releasing the affordable new design known as the Q Timex 1972. The classic watch made history by spearheading the brand's range of quartz timepieces, later to become some of the most beloved in the world, selling out time and time again. Now, on its 50th anniversary, Timex celebrates the Q that started it all with the Q Timex 1972 Reissue. This archival watch delivers boldness from every angle—from its quartz movement to the domed acrylic crystal and 43mm stainless-steel case. Courtesy of a striking red dial and polished handset to match, decades-old aesthetics come to life like no time's passed at all. Reported Earnings • Feb 05
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹0.68 loss per share (down from ₹0.18 profit in 3Q 2021). Revenue: ₹656.2m (up 23% from 3Q 2021). Net loss: ₹51.0m (down 228% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Reported Earnings • Oct 30
Second quarter 2022 earnings released: EPS ₹0.98 (vs ₹0.57 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹880.2m (up 195% from 2Q 2021). Net income: ₹113.5m (up ₹149.2m from 2Q 2021). Profit margin: 13% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • Aug 12
First quarter 2022 earnings released: ₹0.74 loss per share (vs ₹1.44 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₹320.9m (up 371% from 1Q 2021). Net loss: ₹52.8m (loss narrowed 57% from 1Q 2021). Anuncio • Jul 16
Timex Group India Ltd. Announces Launch of Second Generation of Smartwatches Timex Group India Ltd. announced the launch of the second generation of smartwatches - under the brand Helix Smart 2.0 on Amazon India July 15, 2021. The Helix Smartwatch 2.0 comes with a temperature sensor, heart rate monitor, activity tracker and telemedicine feature amongst its many other features. With its big 1.55-inch stunning display in a sleek wrist band and attractive 5 color variants, this smartwatch is guaranteed to give a stylish makeover to everyday look. The entire collection is made and assembled in India and carefully designed for the present-day fitness and health enthusiasts, keeping their requirements at just a hands distance. The all-new Helix Smartwatch 2.0 with an impressive 9 day active usage battery life, supports 10 different sports modes for sports training and lets user control the camera feature through the watch. It comes with a one-month free subscription to DocOnline that provides one touch access to online consultation via phone and chat through the in-built telemedicine feature. Launched as part of Amazon Prime Day 2021, Helix Smart 2.0 is available at https://amzn.to/3z0ufMh. User can also buy these watches on https://helix-watches.com/. is available on A.in for INR 3,999. Reported Earnings • Jul 03
Full year 2021 earnings released The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: ₹1.42b (down 44% from FY 2020). Net loss: ₹80.1m (loss narrowed 23% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 06
Third quarter 2021 earnings released: EPS ₹0.18 (vs ₹0.09 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₹533.5m (down 24% from 3Q 2020). Net income: ₹40.0m (up 29% from 3Q 2020). Profit margin: 7.5% (up from 4.4% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 94% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Anuncio • Jan 01
Timex Group India Limited to Report Q3, 2021 Results on Feb 03, 2021 Timex Group India Limited announced that they will report Q3, 2021 results on Feb 03, 2021 Is New 90 Day High Low • Dec 07
New 90-day high: ₹30.95 The company is up 28% from its price of ₹24.25 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 21% over the same period. Anuncio • Nov 27
Timex Group India Limited Announces Resignation of Anil Malhotra from the Position of Director (Non-Executive) Timex Group India Limited announced that Mr. Anil Malhotra has, vide his letter dated November 25, 2020, resigned from the position of Director (Non-Executive) of the Company with effect from November 25, 2020, due to his personal reasons. Anuncio • Nov 24
Timex Group Luxury Watches B.V. made an offer to acquire remaining Timex Group India Limited (BSE:500414) for approximately INR 610 million. Timex Group Luxury Watches B.V. made an offer to acquire remaining Timex Group India Limited (BSE:500414) for approximately INR 610 million on November 23, 2020. Under the offer, Timex Group Luxury Watches B.V. will acquire 25.3 million shares at INR 24.26 per share. This Offer is not subject to any minimum level of acceptance. Prachee Dhuri of JM Financial Limited (BSE:523405) acted as manager to Timex Group Luxury Watches B.V. Is New 90 Day High Low • Nov 18
New 90-day high: ₹27.85 The company is up 31% from its price of ₹21.30 on 20 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 13% over the same period. Reported Earnings • Oct 29
First half earnings released Over the last 12 months the company has reported total losses of ₹270.6m, with losses widening by 326% from the prior year. Total revenue was ₹1.58b over the last 12 months, down 38% from the prior year. Anuncio • Oct 08
Timex Group India Limited to Report Q2, 2021 Results on Oct 26, 2020 Timex Group India Limited announced that they will report Q2, 2021 results on Oct 26, 2020 
