Timex Group India Share Price

Rise in Premium category, expanded brand portfolio, operating efficiency, and a strengthened manufacturing backbone are driving the company's accelerated growth trajectory

• Business Line
• 5 days 15 hours ago

Apparels & Accessories company Timex Group India announced Q4FY26 & FY26 results Financial Highlights: Revenue from Operations: In Q4FY26, the revenue from operations stood at Rs 23,520 lakh, registering a strong growth of 55.99% QoQ compared to Rs 15,078 lakh in Q3FY26, and a significant increase of 73.69% YoY against Rs 13,541 lakh in Q4FY25. For the full year FY26, revenue from operations was Rs 79,859 lakh, up by 48.41% YoY from Rs 53,810 lakh in FY25. Total Income: The total income for Q4FY26 was Rs 23,583 lakh, growing by 55.65% QoQ (from Rs 15,151 lakh in Q3FY26) and 73.26% YoY (from Rs 13,611 lakh in Q4FY25). For FY26, total income stood at Rs 80,063 lakh, an increase of 48.31% YoY from Rs 53,982 lakh in FY25. Profit Before Tax (PBT): PBT in Q4FY26 reached Rs 3,658 lakh, marking a massive jump of 662.08% QoQ (vs Rs 480 lakh in Q3FY26) and 180.52% YoY (vs Rs 1,304 lakh in Q4FY25). Annual PBT for FY26 was reported at Rs 10,194 lakh, increasing by 138.34% YoY compared to Rs 4,277 lakh in FY25. Profit After Tax (PAT): The PAT for Q4FY26 surged to Rs 2,734 lakh, showcasing an exceptional growth of 754.38% QoQ (from Rs 320 lakh in Q3FY26) and 195.89% YoY (from Rs 924 lakh in Q4FY25). For FY26, PAT was Rs 7,544 lakh, representing a 140.10% YoY increase against Rs 3,142 lakh in FY25. Business Highlights & Segment-wise Performance Segment-wise Performance: The operations of the company constitute a single operating segment (manufacturing and trading of watches and rendering of related after-sales service). Accordingly, no separate segment disclosures have been made. Overall Business Scale: The company scaled its total revenue to Rs 800 crore in FY26, delivering a robust 32% CAGR over FY22–FY26. Operating Margins (FY26): EBITDA stood at Rs 116 crore versus Rs 49.7 crore in the same period last year, marking a 134% jump YoY. The EBITDA margin scaled to 14.5% from 9.2% last year. Profit Before Tax (PBT) margin improved to 13.4%. Quarterly Operating Margins (Q4FY26): EBITDA was Rs 40.4 crore, recording a 167% jump versus the same quarter last year, with EBITDA Margin improving to 17.1% vs 11.1%. Brand Performance: Timex: Witnessed a substantial 62% rise versus last year. During Q4FY26, it recorded an 89% YoY growth. Guess: Emerged as a key growth driver, reporting a growth of 51% for the full year and 108% YoY growth in Q4FY26. Versace: Delivered strong 48% growth for the full year and an exceptional 100% expansion during Q4FY26. Channel Performance (FY26): The E-commerce channel recorded an exceptional 90% growth over last year, while the trade channel saw a robust 32% growth. For Q4FY26 specifically, E-commerce grew by 158% YoY, Trade grew by 52% YoY, and Retail delivered a 112% YoY increase. Dividend on Preference Shares: The Board recommended dividends on preference shares, including Rs 0.009 per share on 0.09% non-cumulative redeemable non-convertible preference shares, Rs 0.5 per share on 5% cumulative redeemable non-convertible preference shares (aggregating to Rs 14,00,00,000 for eight financial years from FY 2018-19 to FY 2025-26), and Rs 1.075 per share on 10.75% cumulative redeemable non-convertible preference shares. Auditor Re-Appointment: The Board approved the re-appointment of M/s Grant Thornton Bharat LLP as the Internal Auditors of the Company for the FY27. Exceptional Items: The company recorded an exceptional item impacting financials by Rs 210 lakh for Q4FY26 and Rs 531 lakh for FY26 due to additional provisions made for an increase in gratuity and leave liability arising out of the new Labour Codes notified by the Government of India. Deepak Chhabra, Managing Director, Timex Group India, said: “FY26 has been a landmark phase for Timex Group India. Over the last four years, we haven’t just grown, we’ve fundamentally reshaped the business. We are witnessing strong traction across the fashion and luxury watch segments, driven by rising consumer aspiration and demand across markets. As we move forward, our focus is clear: aggressively expanding our portfolio, sharpening our brand mix, scaling manufacturing capabilities, and building deeper consumer relevance through design, innovation, and cultural connect. The objective is not just faster growth, but sustainable, high-quality progress that strengthens Timex’s position in the quickly evolving Indian watch market.” Result PDF

• Trendlyne
• 6 days 17 hours ago

Apparels & Accessories company Timex Group India announced Q3FY26 results Revenue: Rs 15,078 lakh against Rs 11,994 lakh during Q3FY25, change 26%. PBT: Rs 480 lakh against Rs 263 lakh during Q3FY25, change 83%. PAT: Rs 320 lakh against Rs 194 lakh during Q3FY25, change 65%. EPS: Rs 0.19 for Q3FY26. Deepak Chhabra, Managing Director, Timex Group India, said: “This quarter’s performance reflects the consistency of our strategy and execution. The Indian watch industry is witnessing a clear shift towards premium, design-led and lifestyle-driven timepieces, with significant headroom for expansion in a large, underpenetrated market. Through key developments such as the launch of Aston Martin watches in India, continued expansion of our luxury and fashion portfolio, and higher-value collections within Timex, including the Atelier range, we saw positive consumer response during the quarter.” Result PDF

• Trendlyne
• 3 months 3 weeks ago