Timex Group India Earnings Call Transcript: Key Takeaways
Record Q2: revenue ₹359 Cr (+47%), EBITDA ₹66 Cr (+54%). No revenue guidance given. Gross margin fell 1.1 pts, and inventory of ₹358 Cr is at a seasonal peak.
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Record Q2: revenue ₹359 Cr (+47%), EBITDA ₹66 Cr (+54%). No revenue guidance given. Gross margin fell 1.1 pts, and inventory of ₹358 Cr is at a seasonal peak.
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.
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.
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.
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 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.
Timex Group India Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026.
Timex Group India Ltd scheduled a board meeting for November 3, 2026. The board will consider and approve un-audited financial results for the quarter ending September 30, 2026.
Timex Group India received an order from the CGST Department, Baddi, dropping all proceedings against the company. The order resolves GST discrepancies for FY 2022-23.
Timex Group received a GST order (ASMT-12) confirming that authorities have dropped all proceedings regarding FY 2022-23 discrepancies. No financial impact arose from this closure.
Timex Group India Limited held its 38th Annual General Meeting on August 20, 2026. All resolutions were approved by shareholders as per the scrutinizer's report.
Timex Group India reported a robust Q1 FY26-27 performance, with total revenue of ₹218 Crores and a 30% year-on-year growth. Profitability also saw significant gains.
Timex Group India reported strong Q1 FY27 performance with 30% revenue growth and significant margin expansion, driven by E-commerce and Trade channels.
Timex Group India Ltd reported revenue from operations of ₹218.9 Cr (+29.6% YoY) and net profit of ₹25 Cr (+70.1% YoY) for Q1 FY27.
Timex Group India is notifying shareholders about the 38th AGM and Annual Report, providing a weblink for those with unregistered email addresses.
Timex Group India Ltd filed its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26. The report is part of the company's Annual Report.
Timex Group India Ltd scheduled its 38th AGM for August 20, 2026. The company also released its Annual Report for the financial year 2025-26.
Timex Group India Ltd announced its 38th Annual General Meeting on August 20, 2026 via video conference. Book closure will be on August 18‑19, 2026.
Timex Group India Ltd scheduled a board meeting on 29 July 2026 to approve its unaudited Q1‑2026 results. Trading window will be closed from 1‑31 July 2026.
Timex Group India submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report confirms full regulatory compliance with no adverse observations.
Timex Group India Ltd reported revenue from operations of ₹235.2 Cr (+73.7% YoY) and net profit of ₹27.3 Cr (+196.7% YoY) for Q4 FY26.
Timex Group India reported FY25-26 revenue of ₹800 Crore, marking significant growth. The Board also recommended dividends on various preference share tranches for shareholder approval.
Timex Group India received a ₹2.64 Crore GST discrepancy notice for FY 2022-23. The company is currently assessing the matter with legal counsel.
Timex Group India's board will meet on May 26, 2026, to approve annual results and a ₹18.21 Crore preference dividend. The trading window remains closed.
Timex Group India received a GST appellate order reducing its tax demand to ₹0.11 Crore. The company is evaluating legal options for response.
Timex Group India received a GST discrepancy notice involving potential liabilities of ₹0.66 Crore. The company is currently assessing the impact with legal counsel.
Mr. Sanjeev Kumar Swain has resigned from his position as Vice President - Sales, Offline Channels at Timex Group India Limited effective April 30, 2026. He cited personal reasons for his departure. The company has acknowledged his resignation and placed it on record.
Timex Group India Limited has received approval for its equity shares to be admitted to dealings on the National Stock Exchange (NSE). Trading on the NSE will commence from April 20, 2026. This dual-listing enhances the company's market visibility and provides increased liquidity for shareholders.
Timex Group India Ltd submitted a confirmation certificate from its RTA, Alankit Assignments Limited, for the quarter ended March 31, 2026. The filing confirms compliance with SEBI regulations regarding the dematerialization and cancellation of physical security certificates.