Please find attached an Investor Presentation herewith covering the performance highlights of the Company for Q1 of FY 2025-26.
TIMEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Timex Group India reported a strong start to FY26, with total income rising 55% year-on-year to Rs. 16,925 lakhs in Q1 FY26 from Rs. 10,919 lakhs a year ago. EBITDA jumped 361% to Rs. 2,195 lakhs, pushing EBITDA margins from 4.4% to 13.0%, while profit before tax grew 511% to Rs. 1,987 lakhs. The company highlighted Timex brand recording its best-ever quarter, high double-digit growth in the trade channel on the back of a strong Lagan season, and the launch of Guess Jewelry in India along with new product lines like Timex Smart Nova. Operating expenses rose, notably royalty (Rs. 708 lakhs vs Rs. 390 lakhs) and advertising & sales promotion (Rs. 1,246 lakhs). Promoter holding dropped sharply from 74.93% to 59.93% between March and June 2025, with public shareholding rising to 38.82%, while total shareholders grew to 52,187.
The strong revenue and margin expansion signals healthy demand and improved operating leverage, which is positive for shareholders. However, the meaningful decline in promoter stake from ~75% to ~60% is a notable change that retail investors should watch closely, as it could indicate an impending corporate action or stake sale.