| Revenue growth | Revenue ₹359 Cr, +47% YoY; e-commerce +75%, trade +34%. |
|---|---|
| Margins | H1 EBITDA margin 17.5% vs 14.5% FY26; gross margin down 1.1pt YoY. |
| Demand visibility | Analog industry growing 14-15% vs 8-9% historically; smartwatch stabilised. |
| Management confidence | Over-optimistic; dismisses risks, refuses revenue guidance. |
Growth
E-commerce +75% to ₹190 Cr, trade +34% to ₹85 Cr; growth roughly half volume, half value.
Outlook
No revenue guidance; ~40 stores 2027, 80–100 in 2028, 70–80 in 2029; 20% margin aspiration.
Risks
Gross margin -1.1pts from FX and metals; inventory ₹358 Cr at peak; FDI rules threaten 1P e-commerce.
Earnings Call Transcript filed with BSE, NSE: TIMEX. Summary written with AI assistance from the document.
Timex Group India Ltd: key numbers
- Share price
- ₹752.55
- Market cap
- ₹7,597 Cr
- Revenue (annual)
- ₹798.6 Cr
- Net profit (annual)
- ₹75.44 Cr
- P/E (TTM)
- 74.0×Sector 48.2×
- Promoter holding
- 51.00%+0.00% QoQ
- FII holding
- 2.26%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Timex Group India Ltd
All →Timex Group India Other Announcement
Timex Group India appointed B S R & Co. LLP as statutory auditor, effective August 10, 2027. The board approved it at a November 3, 2026 meeting.
- Execution
- 60 months
Timex Group India Management Change
Timex Group India's board approved B S R & Co. LLP as statutory auditor for five years, subject to shareholder approval. The appointment replaces Deloitte Haskins & Sells, whose second term ends in 2027.
- Execution
- 5 consecutive years, from conclusion of 39th AGM (2027) to conclusion of 44th AGM (2032)
Timex Group India Results Update
Timex Group India reported record Q2 FY27 revenue of ₹359 crore, up 47% year-on-year. The press release highlights strong growth across e-commerce, trade and exclusive retail channels.
Timex Group India Investor Presentation: Key Takeaways
Q2 FY27 total income rose 47% to Rs 35,917 lakh, EBITDA reached 1.5x at Rs 6,550 lakh (18.2% margin), and PBT grew 1.6x. E-commerce and trade channels led growth.
Timex Group India Q2 FY27 Results: Net Profit ₹47.1 Cr, Up 56.0% YoY
Timex Group India reported unaudited Q2 and H1 FY27 results, with H1 revenue of Rs 57,691 lakhs and profit of Rs 7,213 lakhs. The board also approved appointing BSR & Co. LLP as statutory auditors for five years.
- Key figure
- Net profit ₹47.1 Cr · +56.0% YoY
Timex Group India Other Announcement
Timex Group India Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026.