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SENSEX81,720.10+0.28%
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GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
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TCS₹4,124.50+1.18%
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Timex Group India Limited

Timex Group India Limited

NSE: TIMEX
Luxury GoodsConsumer CyclicalMID CAPMCap ₹7.07k Cr
₹700.55₹14.25 (+2.08%)

Market Closed • NSE

Market cap₹7.07k Cr
Enterprise value₹6.97k Cr
P/E TTM83.40
Forward P/E44.62
P/B93.81
EPS TTM₹8.40
Forward EPS₹15.70
D/E0.32
Dividend yield0.00%
52W high₹759.70
52W low₹323.00
Price chart(1Y)
1Y Return:+41.88% (+₹206.80)
H: ₹759.7L: ₹457.95
1W-2.72%
1M+14.64%
3M+24.44%
Today at a glance

Day range

₹676.25₹713.50

52 week range

₹323.00₹759.70
Volume252.9K0.33x 20D avg
Free float50.00%-66.60% volume

Timex Group India Limited closed at INR700.55 (+2.08%) on volume 0.33x its 20-day average, trading 7.79% below its 52-week high.

Technical analysis
RSI (14)52.1Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹31.77High
SMA 20₹717.72BEARISH
SMA 50₹649.99BULLISH
SMA 100₹582.72BULLISH
SMA 200—N/A
CPR bottom₹701.15
Pivot₹696.20
CPR top₹691.25
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +754.4% QoQ

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹35.5 Cr₹7.07k Cr0.50%≤ 33%PASS
Non-halal income ratio–₹798.6 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹303.8 Cr₹337.8 Cr89.95%≥ 20%PASS
Receivables ratio–₹337.8 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E83.4026.80
Forward P/E44.62—
P/B93.812.70
EV/EBITDA—18.00
PEG—1.00
Earnings yield1.203.70
Growth & profitability
RevenuePAT
FY23PAT margin 12.10%
FY24PAT margin 5.00%
FY25PAT margin 5.80%
FY26PAT margin 9.40%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+27.70%
Revenue CAGR 5Y—
PAT CAGR 3Y+17.50%
PAT CAGR 5Y—
Operating margin15.68%
Net margin10.11%
Financial health & cash flow
Net debt₹1.6 CrModerate
Interest coverage20.20xEBIT / interest
CFO / PAT0.94x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹91.0 Cr
Capital expenditure–
Free cash flow₹89.1 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall60/100
Valuation35/100
Profitability50/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.32x

Risks

Stretched Valuation: Trading at a high P/E multiple of 83.4x

Bull case

Market Leadership: Established operational scale in Luxury Goods.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
1.83%Institutional holding
47.17%Public holding
5Periods available
0.00%Promoter pledged
59.59KShareholders
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)38.27%-2.18% latest vs average
Highest delivery51.68%on 14 Oct
Average volume (20D)756.8KTrading-session average
Conviction trendWeakening-2.18% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Titan Company Limited
Titan Company LimitedTITAN
Open analysis
₹3.94L68.510.34%₹21,356.00₹1,777.00+29.25%+62.88%
Maruti Suzuki India Limited
Maruti Suzuki India LimitedMARUTI
Open analysis
₹3.61L25.201.22%₹52,470.00₹3,447.00+35.92%-9.10%
Mahindra & Mahindra Limited
Mahindra & Mahindra LimitedM&M
Open analysis
₹3.51L17.781.15%₹41,959.00₹3,685.00+22.89%+6.81%
Eternal Limited
Eternal LimitedETERNAL
Open analysis
₹3.00L692.130.00%₹3,349.00₹585.00+38.79%-2.82%
Bajaj Auto Limited
Bajaj Auto LimitedBAJAJ-AUTO
Open analysis
₹2.86L24.741.44%₹17,243.72₹2,982.84+36.35%+34.94%
Eicher Motors Limited
Eicher Motors LimitedEICHERMOT
Open analysis
₹2.00L34.661.13%₹6,632.00₹1,463.00+31.54%+21.41%
TVS Motor Company Limited
TVS Motor Company LimitedTVSMOTOR
Open analysis
₹1.95L56.760.30%₹16,296.00₹1,058.00+33.46%+64.54%
Samvardhana Motherson International Limited
Samvardhana Motherson International LimitedMOTHERSON
Open analysis
₹1.70L38.550.31%₹35,244.00₹1,076.00+16.66%+77.56%
About Timex Group India Limited
Timex Group India Limited

Timex Group India Limited is a group company of Tanager Group B.V. (formerly known as Timex Group B.V.). The Co is engaged in manufacturing and trading of watches and rendering of related after sales service. The Company also provides information and technology support services to the Group Companies. [1][2]

IndiaConsumer Cyclical

Questions investors ask
Is Timex Group India Limited Shariah compliant?

Timex Group India Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (0.5%) complies with AAOIFI threshold (≤ 33%).

What is Timex Group India Limited's current valuation relative to peers?

Timex Group India Limited trades at a P/E of 83.4x compared to the sector median of 26.8x, and a Price-to-Book of 93.8x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.32x. Interest coverage is 20.2x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.