Key Quantitative Figures
- Total Revenue: ₹218 Crores, representing a 30% year-on-year increase.
- EBITDA: ₹35.8 Crores, with a margin of 16.3%. This represents a 63% year-on-year increase.
- Profit Before Tax (PBT): ₹33.8 Crores, with a margin of 15.4%. This represents a 70% year-on-year increase.
Channel Performance Breakdown
- E-commerce Channel: Grew by 67% year-on-year.
- Trade Channel: Grew by 51% year-on-year. This is noted as the company's largest business channel.
- Quick Commerce: Gained traction through the expansion of dark stores.
- Other Channels: Maintained steady growth.
Brand Performance Breakdown
- Timex (Flagship Brand): Grew by 42% year-on-year.
- Guess: Grew by 74% year-on-year.
- Other Brands: Maintained their growth trajectory.
Business Highlights and Rationale
The performance is attributed to a premiumisation strategy, portfolio innovation, and enhanced channel productivity. Key business highlights include:
- Expansion of the Timex Atelier with the new Chronograph Series.
- Collaboration-led launches (Todd Snyder, J crew, Supergirl).
- Strong demand across segments: TMX (entry), Guess (accessible luxury), and Aston Martin.
- Investments in marketing, digital storytelling, and retail initiatives.
- The company was awarded the "ET Edge Best Workplace - 2026".
Parties Involved
- Parent: Timex Group, a privately held company headquartered in Shelton, Connecticut.
- Managing Director: Mr. Deepak Chhabra provided commentary.
- Company Secretary: Mr. Dhiraj Kumar Maggo signed the disclosure.
Corporate Details
- Corporate Office: Unit No 303, 3rd Floor, Tower B, World Trade Tower (WTT), C-1, Sector-16, Noida- 201301, Uttar Pradesh.
Portfolio and Operations
TGIL manages a portfolio of brands including Timex, Versace, Guess, Aston Martin, Gc, Philipp Plein, Plein Sport, Ferragamo, Nautica, and adidas. It retails through more than 5,000 offline trade stores, key online marketplaces, and over 40 exclusive franchise stores (Just Watches and Timex World banners).