Timex Group India Ltd
TIMEXTimex Group India Ltd
TIMEX
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 58.89 | 29.31 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 71.54 | 6.87 | 0.55% |
Forecast & Ratings
Detailed ForecastPrice
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Timex Group India Limited (TGIL) is engaged in designing, manufacturing and marketing of timepieces and jewelry globally. The Company's segments include Watches and Others. The Company's brands include Timex, Helix, SALVATORE FERRAGAMO and VERSACE.
Peers
Compare with peersTitan Company Ltd
Kalyan Jewellers India Ltd
Rajesh Exports Ltd
Senco Gold Ltd
Ethos Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Hmm, looks like data is unavailable here. Please come back after some timeRevenue Forecast
Hmm, looks like data is unavailable here. Please come back after some timeEarnings Per Share Forecast
Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 144.14 | 173.38 | 200.25 | 208.05 | 241.90 | 252.29 | 142.11 | 265.54 | 383.78 | 401.59 | ||||||||||
Raw Materials | 75.54 | 99.89 | 107.26 | 117.07 | 118.59 | 140.75 | 73.83 | 163.94 | 251.96 | 373.69 | ||||||||||
| Power & Fuel Cost | 0.60 | 0.53 | 0.61 | 0.60 | 0.63 | 0.67 | 0.51 | 0.69 | 0.78 | |||||||||||
| Employee Cost | 22.44 | 22.45 | 23.70 | 25.63 | 29.19 | 31.48 | 26.45 | 37.69 | 46.39 | |||||||||||
| Selling & Administrative Expenses | 29.23 | 35.51 | 51.47 | 50.30 | 62.67 | 65.83 | 35.40 | 62.84 | 73.69 | |||||||||||
| Operating & Other expenses | 22.46 | 17.82 | 15.53 | 3.09 | 19.24 | 9.54 | 8.26 | -8.80 | -27.68 | |||||||||||
EBITDA | -6.13 | -2.82 | 1.68 | 11.36 | 11.58 | 4.02 | -2.34 | 9.18 | 38.64 | 27.90 | ||||||||||
| Depreciation/Amortization | 2.24 | 2.78 | 2.07 | 1.67 | 1.60 | 2.97 | 3.54 | 3.57 | 3.60 | 3.55 | ||||||||||
| PBIT | -8.37 | -5.60 | -0.39 | 9.69 | 9.98 | 1.05 | -5.88 | 5.61 | 35.04 | 24.35 | ||||||||||
| Interest & Other Items | 2.61 | 3.67 | 2.88 | 2.17 | 1.63 | 2.85 | 2.23 | 2.39 | 5.37 | 5.13 | ||||||||||
| PBT | -10.98 | -9.27 | -3.27 | 7.52 | 8.35 | -1.80 | -8.11 | 3.22 | 29.67 | 19.22 | ||||||||||
| Taxes & Other Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.89 | 0.00 | -0.10 | 0.00 | -16.85 | -11.73 | ||||||||||
| Net Income | -10.98 | -9.27 | -3.27 | 7.52 | 7.46 | -1.80 | -8.01 | 3.22 | 46.52 | 30.95 | ||||||||||
| EPS | -1.09 | -0.92 | -0.32 | 0.74 | 0.74 | -0.18 | -0.79 | 0.32 | 4.61 | 3.07 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Peers & Comparison
Consumer DiscretionaryPrecious Metals, Jewellery & Watches
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Timex Group India Ltd | 39.18 | 29.31 | — |
| Titan Company Ltd | 97.94 | 26.74 | 0.28% |
| Kalyan Jewellers India Ltd | 76.56 | 9.12 | 0.16% |
| Rajesh Exports Ltd | 7.31 | 0.84 | 0.28% |
Price Comparison
Compare TIMEX with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Shareholding History
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
TIMEX has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Hmm, looks like data is unavailable here. Please come back after some timeNews & Opinions
Timex Group acquires watch retailer Just Watches
6 months ago•The Hindu
Timex Group acquires watch retail brand Just Watches for undisclosed amount
6 months ago•Business Standard
Timex Group acquires watch retail brand Just Watches
6 months ago•Economic Times
Timex Group acquires Just Watches to bolster India business
6 months ago•The Hindu Businessline
‘India really stands out’: Timex CEO Tobia Reiss-Schmidt on watch maker’s expansion plans
7 months ago•Business Today
India has emerged as second largest market for Timex Group: Global CEO
7 months ago•The Hindu Businessline
Timex Group India reports standalone net loss of Rs 6.69 crore in the December 2022 quarter
10 months ago•Business Standard
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 13.03%, vs industry avg of 11.72%
Constant Market Share
Over the last 5 years, market share stayed at 0.09%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 43.97%, vs industry avg of 9.94%