Financial Performance: FY25‑26 total revenue reached INR 800 crore, up 48% YoY and delivering a 32% CAGR from INR 265 crore in FY22. EBITDA rose to INR 116 crore (from INR 49.7 crore YoY), a 134% increase and a 91.2% CAGR since INR 8.73 crore in FY21‑22; EBITDA margin expanded to 14.5% from 9.2% last year. Profit before tax (PBT) was INR 107.4 crore, a 151% YoY jump, with PBT margin improving to 13.4%.
Brand Growth: Timex brand revenue grew 62% YoY; Guess grew 51% YoY, becoming the second leading non‑luxury fashion watch brand; Versace grew 48% YoY, strengthening luxury segment traction.
Channel Performance: E‑commerce sales surged 90% YoY; trade channel grew 32% YoY; all other channels posted double‑digit growth.
Manufacturing & Capacity: Annual manufacturing capacity currently 6 million units, roadmap to increase to 10 million units, supporting scale and supply agility.
Product & Collaboration Highlights: Launch of Aston Martin watches; Timex Atelier launch; collaborations with Harry Potter, Superman, MM6, The James Brand, Wednesday; participation in India Beach Fashion Week, Mysore Fashion Week, ELLE India.
Distribution Network: Over 5,000 offline trade stores, more than 40 exclusive franchise stores under Just Watches and Timex World banners; presence on major quick‑commerce platforms and leading online marketplaces.
Leadership Quote: Managing Director Mr. Deepak Chhabra stated FY25‑26 is a landmark phase, emphasizing aggressive portfolio expansion, manufacturing scaling, and design‑driven consumer relevance.
Corporate Profile: TGIL designs, manufactures, markets timepieces; part of Timex Group (private US‑headquartered); portfolio includes Timex, Versace, Guess, Aston Martin, GC, Philipp Plein, Plein Sport, Ferragamo, Nautica, adidas; 35‑year Make‑in‑India legacy.
