Timex Group India Limited (TGIL) submitted an intimation to BSE Ltd. under SEBI LODR Regulation 30(6). The filing enclosed an Investor Presentation covering the company's performance highlights for the first quarter of the financial year 2026-27, ended June 30, 2026. The presentation was based on the financial results approved by the Board of Directors in a meeting concluded at 5:30 p.m. on July 29, 2026. The presentation has been uploaded to the company's website at www.timexindia.com.

The document serves as an investor presentation, detailing financial performance, operational highlights, and strategic initiatives.

Financial Performance for Q1 FY27

  • Total Income: Reported at ₹21,945 lacs (₹219.45 crores) for the quarter, registering a growth of 30% over ₹16,925 lacs in the corresponding period last year (Q1 FY26).
  • EBITDA: Reported at ₹3,578 lacs for the quarter, which grew to 1.6 times the ₹2,195 lacs reported in the same quarter last year.
  • Profit Before Tax (PBT): Reported at ₹3,378 lacs for the quarter, which grew to 1.7 times the ₹1,987 lacs reported in the same quarter last year.
  • Other Expenses Breakdown:
  • Advertising & sales promotion expenses were ₹1,864 lacs for the quarter, compared to ₹1,246 lacs in the corresponding period last year.
  • Royalty expenses were ₹802 lacs for the quarter, compared to ₹708 lacs in the corresponding period last year.

Operational and Strategic Highlights

  • Revenue growth was led by strong performance in the E-Commerce and Trade channels.
  • In terms of brands, the growth was led by Timex and Guess, while the Aston Martin brand showed a strong performance to become one of the fastest-growing portfolio brands.
  • The company attributed its success to focused investments in product innovation, global collaborations, and elevated consumer experiences across its channels.
  • TGIL was recognized as one of the "Best Organizations to Work – 2026" by ET Edge, a Times Group initiative.

Marketing and Brand Events

  • Hosted an exclusive Aston Martin showcase in Mumbai, an invite-only event with over 100 guests, including 12+ media representatives and celebrities like Gurfateh Pirzada, Kashish Kapoor, and Ronit Ashra.
  • Guess collaborated with a leading lifestyle magazine for a digital cover featuring actor Palak Tiwari.
  • The presentation highlighted several product launches and reissues, including the Timex 1976 Lexington Reissue, the Q Timex 1978 Red Vega Reissue, the Timex x Todd Snyder 1976 Lexington, and the Timex Atelier Chronograph Quartz M1q.

Shareholding Pattern (as of June 30, 2026)

  • Promoters: 51.00%
  • Institutional Investors: 3.88%
  • Public & other shareholding: 45.12%
  • Total number of shareholders: 67,278
  • The pattern shows a significant change from June 2025, where promoter holding was reduced from 59.93% to 51.00%, and public shareholding increased from 38.82% to 45.12%.

Corporate Overview

  • Timex Group India Limited is a group company of Tanager Group B.V. (formerly Timex Group B.V.).
  • The company entered India in 1988 and is listed on the BSE.
  • Key Locations: Headquarters in Noida, Registered Office in New Delhi, Factory in Baddi (Himachal Pradesh), and Regional Sales Offices in Noida, Mumbai, Kolkata, Bangalore, and Chennai.
  • The Baddi plant is a state-of-the-art, SA8000:2014 and ISO 45001:2018 certified watch assembly unit. It assembled about 4 million units last year and has increased its capacity to 6 million units in a single-shift operation this year.
  • The company boasts a portfolio of over 15 global brands and a powerful distribution network with 5 regional hubs, 9 global affiliates, 120+ global distributors, and over 22,000 points of sale.

Board of Directors

  • David Thomas Payne, Chairman
  • Deepak Chhabra, Managing Director
  • Marco Zambianchi, Non-Executive Director
  • Meeta Makhan, Independent Director
  • Sanjeev Kumar, Independent Director
  • Dhanashree Bhat, Independent Director

Disclaimer

The presentation contains forward-looking statements subject to risks and uncertainties. The company does not undertake to publicly update these statements and states that the presentation does not constitute an offer or solicitation for any securities.