Companies›Consumer Discretionary›Consumer Durables›Consumer Durables
NSE:TIMEX

TIMEX GROUP INDIA LTD.

Consumer Durables › Consumer Durables·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹629.50
at close · 28 Oct 2026
▲ 1.40 (+0.22%)

Latest filings

Next results: Tue, 3 Nov · Financial Results
  1. Earnings call scheduled for November 4, 2026 · Board & Shareholder Meetings
  2. Timex India files quarterly RTA certificate under SEBI Reg 74(5) · Compliance
  3. Trading window closed from Oct 1 ahead of Q2 results board meet on Nov 3 · Results
All filings ↓
Ask Nexa about TIMEX GROUP INDIA LTD.

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Designs, manufactures and sells watches in India under brands including Timex, Guess and Aston Martin, with watches accounting for 98% of FY26 revenue of Rs 798.59 crore. In-house manufacturing covers about 66.5% of operations, with the balance sourced from external vendors; exports are minimal at 1.7% of revenue. Distribution runs mainly through 371 dealers that deliver 84.5% of sales, while e-commerce (up 67% YoY in Q1 FY27) and the trade channel (up 51%) are the fastest-growing routes to market. The business employs around 600 people. Brand-level momentum in Q1 FY27 was led by the core Timex brand (up 42%) and Guess (up 74%), with Aston Martin the fastest-growing label and a new premium franchise, Timex Signio for men, recently launched. Materials, namely watch components and movements, are the largest cost at 36.9% of revenue, followed by other operating expenses at 21.2% and employee costs at 7.7%.

Operating scale
Watch share of revenue
98%FY26
In-house manufacturing share
66.5%FY26
Dealer network
371 dealersFY26
Sales through dealers
84.5% of totalFY26
Export share of revenue
1.7%FY26
Employees
~600FY26
Who pays it
Indian watch buyers, reached mainly through 371 dealers and a growing e-commerce channel
Biggest cost
Materials, including watch components and movements, at 36.9% of revenue
Kind of business
Brand-driven consumer durables watch business with a licensed portfolio across price points
Where it sits
Primarily domestic India-focused watch maker; exports only 1.7% of revenue and dealer network drives the bulk of sales
Market Cap
₹6,358 Cr
P / E (TTM)
86.3×
EV / EBITDA
57.3×
Div Yield
0.37%
Growth
41.5%▲
Revenue 5y CAGR
PAT — · EBITDA —
Quality
35.0%▲
ROCE (5y median)
ROE 37.4% (5y median) · margin 13.9%
Leverage
0.27·
Debt / Equity · low
Net cash ₹4.46 Cr
Revenue FY21→FY26
5.7×▲
Margin +15.1 pts
₹141 Cr → ₹799 Cr
Cash conversion
0.63×·
Operating cash ÷ profit · 5 yrs
₹112 Cr on ₹177 Cr
Moves on a normal day
1.85%·
Median daily move
Last 130 sessions · the yardstick for filing-day moves
Where it sits among 29 Gems Jewellery And Watches peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#26/29
P/B#28/28
ROCE#1/28
ROE#1/28
Debt / Equity#13/28
EBITDA margin#10/30
Revenue growth#4/25
Profit growth#2/25

Scorecard

Measured from the filed financials, judged against its Gems Jewellery And Watches peers · as of FY26 — not investment advice

Strengths
Revenue compounding 42% a year over 5 years
Returns on capital 35.0% (5-year median)
#1 of 28 in Gems Jewellery And Watches on the latest reported figures · up from −19.0% in FY21
Pays out 31% of profit as dividend
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

TIMEX · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

Loading peers…

Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from TIMEX GROUP INDIA LTD.'s filed financials and exchange disclosures

What does TIMEX GROUP INDIA LTD. do?

TIMEX GROUP INDIA LTD. is a Consumer Durables company listed on NSE and BSE, trading under the symbol TIMEX.

Is TIMEX GROUP INDIA LTD. profitable?

Yes. Over the trailing twelve months TIMEX GROUP INDIA LTD. reported a net profit of ₹75 Cr on revenue of ₹799 Cr.

Does TIMEX GROUP INDIA LTD. pay a dividend?

Yes. The dividend yield is 0.37% at the current price. It paid out 31% of its profit as dividend in FY26.

Is TIMEX GROUP INDIA LTD. debt-free?

On a net basis, yes. It reported borrowings of ₹29 Cr on its 31 Mar 2026 balance sheet, but holds ₹4.46 Cr more cash than debt.

Is TIMEX GROUP INDIA LTD. expensive compared with its peers?

On trailing P/E, TIMEX GROUP INDIA LTD. ranks 26 of 29 in Gems Jewellery And Watches — cheaper than 11% of them, against an industry median of 23.8×. This is a position, not a valuation judgement.

How much does the TIMEX GROUP INDIA LTD. share price move in a day?

On a typical session TIMEX GROUP INDIA LTD. moves 1.85% — that is the median absolute close-to-close move across its last 130 trading days. MarketPing measures each filing's price reaction against it.

When are TIMEX GROUP INDIA LTD.'s next results?

Financial Results on Tue, 3 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track TIMEX GROUP INDIA LTD.'s announcements?

Every NSE and BSE filing by TIMEX GROUP INDIA LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.