Timex Group India Ltd

BSE: TIMEX500414ISIN INE064A01026

Consumer Discretionary
Gems, Jewellery And Watches
BSE 1000

Share price

₹671.50-0.45 (-0.07%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹758.80
52W low: ₹237.20
Off 52W high: -11.51%
1M return: -8.70%
3M return: +21.37%
6M return: +85.50%
1Y return: +81.63%
20D avg volume: 57,815
50 DMA: ₹668.27
200 DMA: ₹461.94

Key ratios Standalone

Market cap: ₹6,779 Cr
Current price: ₹671.50
52W high / low: ₹758.80 / ₹237.20
Face value: ₹1.00
P/E: 66.03
P/B: 76.57
EPS (TTM): ₹10.17
Book value / share: ₹8.77
ROE: 116.02%
ROCE: 65.20%
Operating margin: 18.30%
Net margin: 13.16%
Debt / equity: 0.27
Net debt: ₹-4.46 Cr
Interest cover: 19.57
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 61.4 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	358.01	218.90	235.20	150.78	243.67	168.94	135.41	119.94	174.08	108.67	92.06	94.20
	1.16	0.55	0.63	0.73	0.37	0.31	0.70	0.41	0.09	0.52	1.48	0.35
	359.17	219.45	235.83	151.51	244.04	169.25	136.11	120.35	174.17	109.19	93.54	94.55
	295.83	185.67	197.15	143.50	203.35	149.38	123.07	117.72	150.32	105.94	84.16	96.54
	132.22	155.01	92.04	23.45	88.20	91.00	50.75	27.12	55.10	47.12	29.42	26.49
	147.43	29.30	62.58	43.24	47.99	36.25	40.17	29.43	45.86	41.51	31.32	28.54
	15.89	16.42	14.77	18.18	14.23	14.06	13.16	16.63	12.10	12.87	7.07	11.86
	1.19	1.09	1.47	1.40	1.35	1.27	1.25	1.17	0.53	0.66	0.88	0.75
	0.97	0.91	0.85	0.87	0.87	0.81	0.79	0.82	0.84	0.85	0.91	0.88
	69.14	46.66	47.40	36.75	47.75	37.80	31.96	30.32	33.06	30.15	20.62	25.76
	63.34	33.78	38.68	8.01	40.69	19.87	13.04	2.63	23.85	3.25	9.38	-1.99
	0.00	0.00	-2.10	-3.21	0.00	0.00	0.00	—	—	—	—	—
	63.34	33.78	36.58	4.80	40.69	19.87	13.04	2.63	23.85	3.25	9.38	-1.99
	16.23	8.76	9.24	1.60	10.46	5.20	3.80	0.69	6.04	0.82	2.30	0.50
	47.11	25.02	27.34	3.20	30.23	14.67	9.24	1.94	17.81	2.43	7.08	-1.49
	4.62	2.44	2.90	0.19	2.87	1.33	0.79	0.07	1.70	0.06	0.35	-0.15
Key metrics
	65.50	35.78	38.90	7.07	42.91	21.95	15.08	4.62	25.22	4.76	11.17	-0.36
	18.30%	16.30%	16.50%	4.70%	17.60%	13.00%	11.10%	3.90%	14.50%	4.40%	12.10%	-0.40%
	13.20%	11.40%	11.60%	2.10%	12.40%	8.70%	6.80%	1.60%	10.20%	2.20%	7.70%	-1.60%
	29.40%	—	23.10%	—	24.80%	—	10.80%	—	—	—	—	—
	46.90%	29.60%	73.70%	25.70%	40.00%	55.50%	47.10%	27.30%	—	—	—	—
	55.80%	70.60%	195.90%	64.90%	69.70%	503.70%	30.50%	230.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	962.89	798.59	538.10	418.91	383.45	264.46
	3.07	2.04	1.72	2.77	0.33	1.08
	965.96	800.63	539.82	421.68	383.78	265.54
	822.15	693.38	497.05	393.92	354.11	262.32
	402.72	294.69	180.09	151.28	152.54	110.08
	282.55	190.06	156.97	107.60	99.42	53.86
	65.26	61.24	54.76	43.24	46.39	37.69
	5.15	5.49	3.61	3.83	5.32	1.90
	3.60	3.40	3.30	3.58	3.60	3.57
	199.95	169.70	125.49	99.61	81.25	71.11
	143.81	107.25	42.77	27.76	29.67	3.22
	-5.31	-5.31	0.00	—	—	—
	138.50	101.94	42.77	27.76	29.67	3.22
	35.83	26.50	11.35	6.92	16.85	—
	102.67	75.44	31.42	20.84	46.52	3.22
	10.15	7.30	2.62	1.36	3.90	-0.39
Key metrics
	147.25	110.83	49.68	35.17	38.59	8.69
	15.29%	13.90%	9.20%	8.40%	10.10%	3.30%
	10.66%	9.40%	5.80%	5.00%	12.10%	1.20%
	—	65.20%	35.00%	—	—	—
	44.15%	48.40%	28.50%	9.20%	45.00%	—
	83.08%	140.10%	50.80%	-55.20%	1,344.70%	—
	—	89.09	-4.05	—	—	—
	—	1.21	-0.10	—	—	—
	—	0.27	0.40	—	—	—
	—	-4.46	33.86	—	—	—
	—	61.4	90.1	—	—	—
Balance sheet
	—	337.77	252.07	—	—	—
	—	313.85	229.34	—	—	—
	—	33.95	0.00	—	—	—
	—	58.16	54.67	—	—	—
	—	196.93	151.31	—	—	—
	—	24.58	23.10	—	—	—
	—	11.31	11.97	—	—	—
	—	120.79	73.13	—	—	—
	—	172.93	119.60	—	—	—
	—	29.49	33.86	—	—	—
	—	0.00	4.56	—	—	—
	—	29.49	29.30	—	—	—
	—	111.28	84.00	—	—	—
Cash flow
	—	90.99	-3.15	—	—	—
	—	-0.59	-0.37	—	—	—
	—	-56.45	-0.39	—	—	—
	—	1.90	0.90	—	—	—

Compounded growth

Sales CAGR 3Y: +27.70%
Sales CAGR 5Y: —
Profit CAGR 3Y: +17.49%
Profit CAGR 5Y: —
Sales YoY (TTM): +44.15%
Profit YoY (TTM): +83.08%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 51.00%

Quarter	September 2026	June 2026
Promoter %	51.00%	51.00%

Holder	Type	Holding	Previous	Change
TIMEX GROUP LUXURY WATCHES B V	Promoter	51.00%	51.00%	0.00%
CHETAN JAYANTILAL SHAH	Public	2.38%	2.38%	0.00%
MAYURI SHRIPAL VORA	Public	1.00%	1.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Titan Company Limited	4,21,698	4,750.00	73.21	38.40%	+45.05% TTM	+55.12% TTM	+24.58%
Kalyan Jewellers India Limited	54,736	530.00	38.14	27.40%	+45.75% TTM	+79.22% TTM	+1.38%
Lalithaa Jewellery Mart Limited	20,466	365.65	—	—	—	—	—
PC JEWELLER LIMITED	15,418	15.81	17.31	10.30%	+29.27% TTM	+45.80% TTM	+31.09%
Sky Gold And Diamonds Limited	14,375	928.15	35.45	36.00%	+73.01% TTM	+118.85% TTM	+158.54%
Thangamayil Jewellery Limited S	13,364	4,299.50	34.09	34.70%	+78.15% TTM	+113.25% TTM	+41.38%
BlueStone Jewellery and Lifestyle Limited	10,569	691.35	103.94	8.10%	—	—	-2.80%
P N GADGIL JEWELLERS LIMITED	8,562	581.65	17.56	30.50%	+50.66% TTM	+64.36% TTM	-12.63%
ETHOS LIMITED	7,328	2,738.80	69.28	8.40%	+30.42% TTM	+14.34% TTM	-7.78%
Timex Group India Ltd S	6,779	671.50	66.03	65.20%	+44.15% TTM	+83.08% TTM	+81.63%
Senco Gold Limited	5,100	311.15	8.93	33.80%	+41.91% TTM	+168.38% TTM	-6.79%
KDDL Ltd	4,758	3,868.80	31.67	10.40%	+32.48% TTM	+4.32% TTM	+52.02%
Goldiam International Ltd.	4,651	308.95	22.05	20.30%	+27.01% TTM	+63.93% TTM	+12.00%
D P ABHUSHAN LIMITED S	4,424	1,938.00	18.44	45.90%	+30.80% TTM	+93.38% TTM	+28.55%
Tribhovandas Bhimji Zaveri Limited	4,049	606.75	20.61	35.60%	+24.14% TTM	+110.34% TTM	+227.53%
SHRINGAR HOUSE OF MANGALSUTRA LIMITED S	2,809	291.25	23.21	23.30%	—	—	+26.52%
Vaibhav Global Ltd	2,690	160.30	9.64	15.30%	+9.61% TTM	+52.41% TTM	-41.53%
SHANTI GOLD INTERNATIONAL LIMITED	2,089	272.20	—	—	—	—	—
Deepa Jewellers Limited S	2,058	213.00	—	—	—	—	—
PNGS Reva Diamond Jewellery Limited S	2,008	633.40	21.13	18.60%	—	—	—
Khazanchi Jewellers Limited S	1,757	709.90	—	39.50%	—	—	+3.55%
Motisons Jewellers Limited S	1,702	14.96	25.36	18.00%	+10.73% TTM	+48.70% TTM	-8.78%
RENAISSANCE GLOBAL LIMITED	1,534	142.75	14.03	9.10%	+41.39% TTM	+68.44% TTM	+4.96%
Rajesh Exports Ltd. S	1,485	50.30	55.27	3.70%	+17.58% TTM	-3.03% TTM	-72.32%
Shankesh Jewellers Limited S	1,378	98.13	—	—	—	—	—

Filings & corporate actions

Recent announcements

In continuation to our letter dated October 27, 2026, and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you ....4 Nov 2026 · Company Update / Analyst / Investor Meet
Appointment of Statutory Auditor subject to Shareholder''s Approval.3 Nov 2026 · Company Update / Appointment of Statutory Auditor/s
Please find attached the Press Release on Financial Results of the Company for the quarter ended on September 30, 2026.3 Nov 2026 · Company Update / Press Release / Media Release
Please find attached the investor presentation on financial results of the Company for the quarter ended on September 30, 2026.3 Nov 2026 · Company Update / Investor Presentation
Please be informed that the Board of Directors of the Company, at its meeting held today, i.e., November 3, 2026, inter alia, considered and approved the following: 1. Un-audited Financial ....3 Nov 2026 · Board Meeting / Outcome of Board Meeting
Please find attached outcome of the Board Meeting held today i.e. November 3, 2026.3 Nov 2026 · Result / Financial Results
Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Company has scheduled an Earnings Call on ....27 Oct 2026 · Company Update / Analyst / Investor Meet
Pursuant to Regulation 74(5) of SEBI (Depositories and Participants)Regulations, 2018, Please find enclosed herewith a confirmation certificate received from Alankit Assignments Limited, ....8 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find the detail of closure of Trading Window for dealing in the shares of the Company in the enclosed letter.28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Timex Group India Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2026 ,inter alia, to consider and approve to consider and approve ....28 Sep 2026 · Board Meeting / Board Meeting
We wish to inform you that the Company has received an Order from the Office of Superintendent CGST, Baddi intimating that the Office has dropped all the proceedings against the Company ....18 Sep 2026 · Company Update / General
We wish to inform you the the Company has received an order (Form GST-ASMT12) from office of the superintendent, Central Goods and Service Tax Range 5, Division-I ,Noida intimating that ....29 Aug 2026 · Company Update / General
Please find attached herewith the proceedings of the AGM of the Company.20 Aug 2026 · Company Update / General
Please find attached scrutinizer report.20 Aug 2026 · AGM/EGM / AGM
Please find attached the Outcome of the 38th AGM of the Company along with Scrutinizer Report.20 Aug 2026 · AGM/EGM / AGM
Please find attached herewith the details of Investor/Analyst Meet.19 Aug 2026 · Company Update / Analyst / Investor Meet
Pursuant to Regulation 47 of SEBI (LODR) Regulations, 2015, please find enclosed copies of Newspaper Advertisement regarding un-audited Financial Results of the Company for the quarter ....31 Jul 2026 · Company Update / Newspaper Publication
Please find enclosed the press release on the Financial Results of the Company for the quarter ended on June 30, 2026.29 Jul 2026 · Company Update / Press Release / Media Release
Please find enclosed an Investor Presentation covering the performance highlights of the Company for Q1 of FY 2026-27.29 Jul 2026 · Company Update / Investor Presentation
Please be informed that the Board of Directors has, in its meeting held today i.e., July 29, 2026, inter-alia, considered and approved un-audited Financial Results of the Company for the ....29 Jul 2026 · Board Meeting / Outcome of Board Meeting
Please be informed that the Board of Directors has, in its meeting held today i.e., July 29, 2026, inter-alia, considered and approved un-audited Financial Results of the Company for the ....29 Jul 2026 · Result / Financial Results
Please find attached details of Analyst/Investor Meet .27 Jul 2026 · Company Update / Analyst / Investor Meet
Pursuant to Regulation 30 read with Schedule III Part A of SEBI (LODR) Regulations, 2015, please find enclosed copies of Newspaper Advertisement published on July 22, 2026 in Business ....22 Jul 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 of SEBI(LODR) Regulations 2015, and in compliance of SEBI Master Circular dated February 6, 2026, please find enclosed herewith a copy of letter sent to the shareholders ....20 Jul 2026 · Company Update / General
Pursuant to Regulation 36(1)(b) of SEBI(LODR) Regulations, 2015, The Company has sent the AGM Letter to those shareholders whose email address are not registered with the Company/RTA/DP. ....20 Jul 2026 · Company Update / General
Please find attached Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 which forms part of the Annual Report 2025-26.20 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Please find enclosed the Notice of 38th AGM of the Company scheduled to be held on August 20, 2026 at 4:00 PM through VC/OAVM.20 Jul 2026 · AGM/EGM / AGM
In continuation to our letter dated July 7, 2026, intimating the schedule of the 38th AGM of the Company and in compliance with Regulations 30 and 34 of the SEBI (LODR) Regulations, 2015, ....20 Jul 2026 · Others / Reg. 34 (1) Annual Report
Pursuant to Regulation 30 read with schedule III Part A and Regulation 47 of SEBI(LODRS) Regulations, 2015, please find enclosed herewith copies of Newspaper Advertisement published on ....17 Jul 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 74(5) of SEBI(Depositories and Participants)Regulations, 2018, please find enclosed herewith a confirmation certificate received from Alankit Assignments Limited, ....14 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
This is to inform that the 38th Annual General Meeting(AGM) of the Company will be held on Thursday, August 20, 2026 at 4:00 P.M through video conference/other audio visual mean. The ....7 Jul 2026 · AGM/EGM / AGM
Pursuant to the provision of SEBI(PIT) Regulations, 2015 and Timex Group India Limited-Code of Internal Procedures and Conduct for Regulating, Monitoring and reporting of Trading by Insiders, ....24 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Timex Group India Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/07/2026 ,inter alia, to consider and approve the Un-audited Financial ....24 Jun 2026 · Board Meeting / Board Meeting
Please find attached details of Analyst/Investor Meet .22 Jun 2026 · Company Update / Analyst / Investor Meet
Please find attached Annual Secretarial Compliance Report for the Financial Year ended March 31,2026.28 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Please find attached copies of Newspaper Advertisement regarding Financials Results of the Company for the quarter and year ended on March 31,2026 published on May 28,2026 in Business Standard ....28 May 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 of SEBI(LODR) Regulations 2015, Please find the details of the scheduled one to one meeting with investor in the attached letter.27 May 2026 · Company Update / Analyst / Investor Meet
PFA investor presentation for the Q4 of FY2025-2626 May 2026 · Company Update / Investor Presentation
as per attached letter26 May 2026 · Result / Financial Results
Please find the details in the attached letter.26 May 2026 · Company Update / General

Board meetings

3 Nov 2026 Board Meeting - Financial Results
29 Jul 2026 Board Meeting - Financial Results