Timex Group India share price & results
- Jun 2026
- Sept 2026
India arm of Timex Group; assembles Timex, Guess watches at Baddi plant, sold via 6,300+ outlets nationwide.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 219 | +29.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 16.0 | +3.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 25.0 | +66.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | −17.4 pts | Trailing twelve months | TTM to Jun 2026 | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | 11.16 | +11.9 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 41.97 | +20.1 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance +70.7% 1Y
1Y: ₹369.1 on 24 Oct 2025 → ₹630.1. High ₹734.6 (5 Oct 2026), low ₹245 (30 Mar 2026).
- Previous close
- ₹594.45
- Market cap
- ₹6.4k Cr
- 52-week range
- ₹245 – ₹734.6
- One year
- +64.93%
- Price to earnings (TTM to Jun 2026)
- 71.47×
Overview
- Symbol
- NSE:TIMEX
- Sector
- Consumer Durables
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
What Timex Group India Limited does
Based on the company's own presentations, annual report and earnings calls.
Timex Group India Limited designs, assembles and distributes watches under global brands including Timex and Guess, entering the Indian market in 1988 as part of Timex Group (now Tanager Group B.V.). Watches are assembled from imported movements, cases, dials and other components at the company's Baddi (Himachal Pradesh) plant, which handles over 150 types of movements and multiple watch formats (analog quartz, mechanical, digital, ana-digi and connected). Finished products are sold pan-India through a multi-format retail network spanning multi-brand outlets, large-format stores, defence canteens, exclusive retail and luxury retail counters, plus e-commerce and trade channels. The company also runs a portfolio of premium sub-brands and collaborations (e.g. Signio, Atelier, Giorgio Galli) to address different price and lifestyle segments within the watch category.
- Multi-brand retail outlets
- 5,025
- Large format stores
- 371
- Defence canteen outlets
- 713
- Luxury retail counters
- 183
- Exclusive retail stores
- 41
- Baddi plant installed capacity
- 6 million watches/year (single-shift)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +67% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 174 | 120 | 135 | 169 | 244 | 151 | 235 | 219 |
| Expenses | 149 | 116 | 121 | 147 | 201 | 141 | 195 | 184 |
| Operating profit | 25 | 4 | 14 | 22 | 43 | 10 | 40 | 35 |
| Operating margin | 14.0% | 3.5% | 11.0% | 13.0% | 17.0% | 6.0% | 17.0% | 16.0% |
| Other income | 0 | 0 | 1 | 0 | 0 | -2 | -1 | 1 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 24 | 3 | 13 | 20 | 41 | 5 | 37 | 34 |
| Tax rate | 25.0% | 26.0% | 29.0% | 26.0% | 26.0% | 33.0% | 25.0% | 26.0% |
| Net profit | 18 | 2 | 9 | 15 | 30 | 3 | 27 | 25 |
| EPS (₹ per share) | 1.76 | 0.19 | 0.92 | 1.45 | 2.99 | 0.32 | 2.71 | 2.48 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 383 | 418 | 538 | 799 |
| Expenses | 346 | 386 | 490 | 684 |
| Operating profit | 38 | 32 | 47 | 115 |
| Other income | 0 | 2 | 2 | -3 |
| Interest | 5 | 4 | 4 | 4 |
| Depreciation | 4 | 4 | 4 | 4 |
| Profit before tax | 30 | 28 | 43 | 103 |
| Net profit | 46 | 21 | 31 | 75 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | -71 | -24 | -3 | 15 | 109 | 65 |
| Borrowings | 111 | 110 | 86 | 101 | 13 | 71 |
| Other liabilities | 80 | 98 | 108 | 126 | 204 | 191 |
| Total liabilities | 130 | 194 | 201 | 252 | 336 | 338 |
| Fixed assets | 17 | 17 | 15 | 12 | 13 | 11 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 43 | 0 |
| Other assets | 113 | 178 | 186 | 240 | 280 | 326 |
| Total assets | 130 | 194 | 201 | 252 | 336 | 338 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 22 | -18 | 10 | 32 | -3 | 91 |
| Cash from investing | 0 | -1 | -1 | -1 | 0 | -1 |
| Cash from financing | -21 | 18 | -8 | -28 | 0 | -56 |
| Net cash flow | 1 | -1 | 1 | 3 | -4 | 34 |
| Free cash flow | 22 | -19 | 8 | 31 | -4 | 89 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 98 | 67 | 50 | 45 | 37 | 27 |
| Inventory days | 155 | 132 | 161 | 159 | 178 | 158 |
| Days payable | 269 | 138 | 111 | 104 | 86 | 97 |
| Cash conversion cycle | -15 | 61 | 100 | 100 | 129 | 88 |
| Working capital days | 24 | 22 | 47 | 66 | 74 | 49 |
| Return on capital employed | −14.0% | 14.0% | 48.0% | 33.0% | 43.0% | 83.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 51.00% as of Sept 2026; institutions added 0.74 pts since Jun 2026.
- Promoters 51.00%
- Foreign institutions 2.26%
- Domestic institutions 2.35%
- Public 44.39%
Who is on the register
Named in the Sep 2026 filing
Every holder of Timex Group India Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 51.00% | unchanged | |
| 2.38% | unchanged | |
| 1.00% | unchanged | |
| — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Your own record
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