Nifty

:

22570.35

Sensex

:

74339.44

167.95 (0.75%)
486.50 (0.66%)

Login

Nifty
Sensex

:
:

22570.35
74339.44

167.95 (0.75%)
486.50 (0.66%)

Timex Group India Ltd.

Watches & Accessories

Rating :

56/99

BSE: 500414 | NSE: TIMEXWATCH

Watchlist

NSE BSE

135.65

25-Apr-2024

Open
High
Low
Previous Close

133.10
138.50
133.10
135.20

Volume
Traded Value (lacs)
52 Week High
52 Week Low

283
48.65
203.00
126.80

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

1,364.84
37.76
1

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

1,371.79
N/A
18.38

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

11.99
9.68
39.62

EBITDA CAGR (%)

10 Years
5 Years
3 Years

-
27.64
-

PAT CAGR (%)

10 Years
5 Years
3 Years

-
44.20
-

P:E (Median)

8 Years
5 Years
3 Years

45.46
47.09
50.94

P:BV (Average)

8 Years
5 Years
3 Years

8.91
8.91
10.16

EV:EBITDA (Average)

8 Years
5 Years
3 Years

28.59
31.40
41.50

Quarterly Results

Standalone Figures in Rs. Crores /

Consolidated

Description Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var%
Net Sales 94.20 84.64 11.29% 126.36 121.23 4.23% 106.29 94.27 12.75% 83.31 79.09 5.34%
Expenses 94.91 88.71 6.99% 110.26 100.78 9.41% 98.97 80.85 22.41% 75.75 76.25 -0.66%
EBITDA -0.71 -4.07 - 16.10 20.45 -21.27% 7.32 13.42 -45.45% 7.56 2.84 166.20%
EBIDTM -0.75% -4.81% 12.74% 16.87% 6.89% 14.24% 9.07% 3.59%
Other Income 0.35 0.01 3,400.00% 0.57 0.02 2,750.00% 0.37 0.26 42.31% 0.04 0.72 -94.44%
Interest 0.75 1.72 -56.40% 1.07 0.72 48.61% 1.13 0.77 46.75% 1.21 0.46 163.04%
Depreciation 0.88 0.91 -3.30% 0.90 0.94 -4.26% 0.89 0.90 -1.11% 0.85 0.85 0.00%
PBT -1.99 -6.69 - 14.70 18.81 -21.85% 5.67 12.01 -52.79% 5.54 2.25 146.22%
Tax -0.50 0.00 - 3.70 0.00 0 1.42 0.00 0 -16.85 0.00 -
PAT -1.49 -6.69 - 11.00 18.81 -41.52% 4.25 12.01 -64.61% 22.39 2.25 895.11%
PATM -1.58% -7.90% 8.71% 15.52% 4.00% 12.74% 26.88% 2.84%
EPS -0.15 -0.66 - 1.09 1.86 -41.40% 0.42 1.19 -64.71% 2.22 0.22 909.09%

Description Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var%
Net Sales 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Expenses 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBITDA 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBIDTM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Other Income 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Interest 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Depreciation 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PBT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Tax 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PAT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PATM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0

Annual Results

Standalone Figures in Rs. Crores

Right to Left

Description TTM Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Net Sales 410.16 383.45 264.46 140.90 251.90 241.63 207.30 200.11 173.34 142.36 123.58 Net Sales Growth 8.16% 44.99% 87.69% -44.07% 4.25% 16.56% 3.59% 15.44% 21.76% 15.20% Cost Of Goods Sold 234.85 217.55 148.05 78.12 139.96 125.74 110.39 112.09 93.21 74.32 74.59 Gross Profit 175.31 165.90 116.41 62.78 111.94 115.89 96.91 88.02 80.13 68.04 48.99 GP Margin 42.74% 43.27% 44.02% 44.56% 44.44% 47.96% 46.75% 43.99% 46.23% 47.79% 39.64% Total Expenditure 379.89 345.14 256.36 144.45 248.27 230.32 196.69 198.57 176.20 150.27 153.08 Power & Fuel Cost - 0.78 0.69 0.51 0.67 0.63 0.60 0.61 0.53 0.60 0.53 % Of Sales - 0.20% 0.26% 0.36% 0.27% 0.26% 0.29% 0.30% 0.31% 0.42% 0.43% Employee Cost - 46.39 37.69 26.45 31.48 29.19 25.63 23.70 22.45 22.44 21.02 % Of Sales - 12.10% 14.25% 18.77% 12.50% 12.08% 12.36% 11.84% 12.95% 15.76% 17.01% Manufacturing Exp. - 2.89 1.99 1.32 2.12 1.84 1.34 1.66 1.23 0.89 0.77 % Of Sales - 0.75% 0.75% 0.94% 0.84% 0.76% 0.65% 0.83% 0.71% 0.63% 0.62% General & Admin Exp. - 34.20 28.20 20.58 30.88 26.09 22.79 22.50 22.79 17.70 16.41 % Of Sales - 8.92% 10.66% 14.61% 12.26% 10.80% 10.99% 11.24% 13.15% 12.43% 13.28% Selling & Distn. Exp. - 39.49 35.75 15.42 38.88 40.06 31.27 33.58 25.43 29.09 26.29 % Of Sales - 10.30% 13.52% 10.94% 15.43% 16.58% 15.08% 16.78% 14.67% 20.43% 21.27% Miscellaneous Exp. - 3.84 3.99 2.05 4.28 6.77 4.67 4.43 10.56 5.23 26.29 % Of Sales - 1.00% 1.51% 1.45% 1.70% 2.80% 2.25% 2.21% 6.09% 3.67% 10.90% EBITDA 30.27 38.31 8.10 -3.55 3.63 11.31 10.61 1.54 -2.86 -7.91 -29.50 EBITDA Margin 7.38% 9.99% 3.06% -2.52% 1.44% 4.68% 5.12% 0.77% -1.65% -5.56% -23.87% Other Income 1.33 0.33 1.08 1.21 0.39 0.27 0.75 0.14 0.04 0.07 0.09 Interest 4.16 5.37 2.39 2.23 2.85 1.63 2.17 2.88 3.67 2.61 1.23 Depreciation 3.52 3.60 3.57 3.54 2.97 1.60 1.67 2.07 2.78 2.24 2.34 PBT 23.92 29.67 3.22 -8.11 -1.80 8.35 7.52 -3.27 -9.27 -12.69 -32.98 Tax -12.23 -16.85 0.00 -0.10 0.00 0.89 0.00 0.00 0.00 0.00 0.00 Tax Rate -51.13% -56.79% 0.00% 1.23% 0.00% 10.66% 0.00% 0.00% 0.00% 0.00% 0.00% PAT 36.15 46.52 3.22 -8.01 -1.80 7.46 7.52 -3.27 -9.27 -10.98 -32.98 PAT before Minority Interest 36.15 46.52 3.22 -8.01 -1.80 7.46 7.52 -3.27 -9.27 -10.98 -32.98 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 8.81% 12.13% 1.22% -5.68% -0.71% 3.09% 3.63% -1.63% -5.35% -7.71% -26.69% PAT Growth 37.04% 1,344.72% - - - -0.80% - - - - EPS 3.58 4.61 0.32 -0.79 -0.18 0.74 0.74 -0.32 -0.92 -1.09 -3.27

Results Balance Sheet

Standalone Figures in Rs. Crores

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Shareholder's Funds 60.52 15.57 12.55 20.68 22.48 15.28 7.98 -23.43 -14.16 -2.51 Share Capital 84.59 86.20 86.20 86.20 86.20 86.20 86.20 51.20 51.20 51.20 Total Reserves -24.07 -70.63 -73.65 -65.52 -63.72 -70.92 -78.22 -74.63 -65.36 -53.71 Non-Current Liabilities 8.71 18.71 18.63 19.15 6.53 5.62 5.25 10.21 9.69 8.78 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 1.67 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 14.28 8.63 7.57 7.18 6.41 5.44 5.25 10.05 9.69 8.78 Current Liabilities 108.25 96.12 74.52 102.92 92.85 100.25 83.53 148.65 130.17 122.57 Trade Payables 66.02 56.07 57.61 65.83 53.13 66.54 51.03 83.69 72.98 72.36 Other Current Liabilities 13.79 12.51 11.36 14.14 10.08 3.73 6.17 24.37 20.88 22.03 Short Term Borrowings 22.97 23.76 2.91 20.42 26.87 28.29 25.14 34.44 27.69 17.10 Short Term Provisions 5.47 3.78 2.64 2.53 2.77 1.69 1.19 6.15 8.62 11.08 Total Liabilities 177.48 130.40 105.70 142.75 121.86 121.15 96.76 135.43 125.70 128.84 Net Block 16.56 17.29 19.61 22.57 8.37 7.30 8.44 11.82 11.33 12.92 Gross Block 26.76 24.66 27.96 27.45 12.44 10.62 10.25 26.61 34.04 35.45 Accumulated Depreciation 10.20 7.37 8.35 4.88 4.07 3.32 1.81 14.79 22.71 22.53 Non Current Assets 18.30 18.26 20.57 24.11 12.67 11.05 12.74 22.17 21.55 25.29 Capital Work in Progress 0.16 0.00 0.00 0.00 0.00 0.05 0.00 0.00 0.00 0.49 Non Current Investment 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 1.58 0.97 0.96 1.33 2.61 2.18 2.56 9.28 9.49 11.86 Other Non Current Assets 0.00 0.00 0.00 0.21 1.69 1.52 1.74 1.07 0.73 0.02 Current Assets 159.18 112.14 85.13 118.64 109.19 110.10 84.02 113.26 104.15 103.55 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 95.88 53.57 33.27 42.56 45.48 45.06 36.76 34.10 25.24 24.41 Sundry Debtors 52.37 48.60 38.00 62.70 53.50 59.09 41.26 71.30 68.70 68.89 Cash & Bank 1.30 0.36 1.33 0.19 2.18 3.24 4.09 4.19 4.46 5.23 Other Current Assets 9.63 0.75 9.61 11.52 8.03 2.71 1.91 3.67 5.75 5.02 Short Term Loans & Adv. 8.56 8.86 2.92 1.67 0.63 0.88 1.19 3.28 5.34 4.59 Net Current Assets 50.93 16.02 10.61 15.72 16.34 9.85 0.49 -35.39 -26.02 -19.02 Total Assets 177.48 130.40 105.70 142.75 121.86 121.15 96.76 135.43 125.70 128.84

Cash Flow

Standalone Figures in Rs. Crores

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Cash From Operating Activity 9.83 -17.66 22.44 9.50 6.41 -0.75 -23.02 -1.42 -8.12 -4.80 PBT 29.67 3.22 -8.11 -1.80 8.35 7.52 -3.27 -9.27 -10.98 -32.98 Adjustment 9.13 4.78 3.69 8.75 4.47 3.43 4.55 10.13 3.70 9.18 Changes in Working Capital -28.65 -25.56 26.37 2.63 -6.41 -11.67 -24.28 -2.25 -0.72 19.12 Cash after chg. in Working capital 10.15 -17.56 21.95 9.58 6.41 -0.72 -23.00 -1.39 -8.00 -4.68 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -0.32 -0.10 0.49 -0.08 0.00 -0.03 -0.02 -0.03 -0.12 -0.12 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -1.34 -1.03 -0.17 -1.48 -4.45 -0.34 -0.80 -2.07 -0.68 -1.29 Net Fixed Assets -2.26 3.30 -0.51 -15.01 -1.77 -0.42 16.36 7.43 1.90 4.14 Net Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Others 0.92 -4.33 0.34 13.53 -2.68 0.08 -17.16 -9.50 -2.58 -5.43 Cash from Financing Activity -7.55 17.72 -21.13 -10.01 -3.02 0.24 23.71 3.21 8.03 5.71 Net Cash Inflow / Outflow 0.94 -0.97 1.14 -1.99 -1.06 -0.85 -0.11 -0.28 -0.77 -0.38 Opening Cash & Equivalents 0.34 1.31 0.17 2.16 3.22 4.07 4.18 4.46 5.23 5.61 Closing Cash & Equivalent 1.28 0.34 1.31 0.17 2.16 3.22 4.07 4.18 4.46 5.23

Financial Ratios

Standalone

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Book Value (Rs.) -1.38 -5.99 -6.29 -5.49 -5.31 -6.02 -6.74 -6.39 -5.47 -4.32 ROA 30.22% 2.73% -6.45% -1.36% 6.14% 6.90% -2.82% -7.10% -8.63% -24.46% ROE 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% ROCE 56.29% 20.48% -20.79% 2.32% 21.48% 25.27% -1.77% -45.64% -59.53% -114.77% Fixed Asset Turnover 16.89 11.25 5.09 14.47 23.61 20.07 10.88 5.78 4.17 3.34 Receivable days 42.43 53.40 130.43 73.50 75.48 87.46 102.47 145.81 173.47 195.12 Inventory Days 62.80 53.54 98.22 55.69 60.70 71.31 64.50 61.80 62.60 88.83 Payable days 102.42 140.13 288.37 155.12 113.41 119.47 145.26 186.73 202.37 214.35 Cash Conversion Cycle 2.82 -33.19 -59.72 -25.93 22.77 39.30 21.71 20.88 33.70 69.61 Total Debt/Equity 0.41 1.53 0.23 0.99 1.20 1.85 3.15 -1.47 -1.96 -6.81 Interest Cover 6.53 2.35 -2.64 0.37 6.12 4.47 -0.14 -1.53 -3.21 -25.81

Top Investors:

chetan jayantilal shah

Annual Reports:

News Update:

Timex Group India - Quarterly Results
1st Feb 2024, 19:20 PM

Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

Feedback