Nifty

:

20875.55

Sensex

:

69399.88

-62.15 (-0.30%)
-253.85 (-0.36%)

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Nifty
Sensex

:
:

20875.55
69399.88

-62.15 (-0.30%)
-253.85 (-0.36%)

Timex Group India Ltd.

Watches & Accessories

Rating :

70/99

BSE: 500414 | NSE: TIMEXWATCH

Watchlist

NSE BSE

180.65

06-Dec-2023

Open
High
Low
Previous Close

181.95
183.00
180.00
181.75

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

215
75.47
203.00
113.10

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

1,823.66
58.92
1

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

1,830.61
N/A
24.07

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

42.60
49.56
48.60

P:BV (Average)

8 Years
5 Years
3 Years

7.77
7.77
7.08

EV:EBITDA (Average)

8 Years
5 Years
3 Years

26.02
30.52
31.80

Quarterly Results

Standalone Figures in Rs. Crores /

Consolidated

Description Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var% Dec 22 Dec 21 Var%
Net Sales 126.36 121.23 4.23% 106.29 94.27 12.75% 83.31 79.09 5.34% 84.64 65.32 29.58%
Expenses 110.26 100.78 9.41% 98.97 80.85 22.41% 75.75 76.25 -0.66% 88.71 69.41 27.81%
EBITDA 16.10 20.45 -21.27% 7.32 13.42 -45.45% 7.56 2.84 166.20% -4.07 -4.09 -
EBIDTM 12.74% 16.87% 6.89% 14.24% 9.07% 3.59% -4.81% -6.26%
Other Income 0.57 0.02 2,750.00% 0.37 0.26 42.31% 0.04 0.72 -94.44% 0.01 0.30 -96.67%
Interest 1.07 0.72 48.61% 1.13 0.77 46.75% 1.21 0.46 163.04% 1.72 0.41 319.51%
Depreciation 0.90 0.94 -4.26% 0.89 0.90 -1.11% 0.85 0.85 0.00% 0.91 0.90 1.11%
PBT 14.70 18.81 -21.85% 5.67 12.01 -52.79% 5.54 2.25 146.22% -6.69 -5.10 -
Tax 3.70 0.00 0 1.42 0.00 0 -16.85 0.00 - 0.00 0.00 0
PAT 11.00 18.81 -41.52% 4.25 12.01 -64.61% 22.39 2.25 895.11% -6.69 -5.10 -
PATM 8.71% 15.52% 4.00% 12.74% 26.88% 2.84% -7.90% -7.81%
EPS 1.09 1.86 -41.40% 0.42 1.19 -64.71% 2.22 0.22 909.09% -0.66 -0.50 -

Description Jun 23 Jun 22 Var% Mar 23 Mar 22 Var% Dec 22 Dec 21 Var% Sep 22 Sep 21 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 400.60 383.45 264.46 140.90 251.90 241.63 207.30 200.11 173.34 142.36 123.58 Net Sales Growth 11.31% 44.99% 87.69% -44.07% 4.25% 16.56% 3.59% 15.44% 21.76% 15.20% Cost Of Goods Sold 230.08 217.55 148.05 78.12 139.96 125.74 110.39 112.09 93.21 74.32 74.59 Gross Profit 170.52 165.90 116.41 62.78 111.94 115.89 96.91 88.02 80.13 68.04 48.99 GP Margin 42.57% 43.27% 44.02% 44.56% 44.44% 47.96% 46.75% 43.99% 46.23% 47.79% 39.64% Total Expenditure 373.69 345.14 256.36 144.45 248.27 230.32 196.69 198.57 176.20 150.27 153.08 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 26.91 38.31 8.10 -3.55 3.63 11.31 10.61 1.54 -2.86 -7.91 -29.50 EBITDA Margin 6.72% 9.99% 3.06% -2.52% 1.44% 4.68% 5.12% 0.77% -1.65% -5.56% -23.87% Other Income 0.99 0.33 1.08 1.21 0.39 0.27 0.75 0.14 0.04 0.07 0.09 Interest 5.13 5.37 2.39 2.23 2.85 1.63 2.17 2.88 3.67 2.61 1.23 Depreciation 3.55 3.60 3.57 3.54 2.97 1.60 1.67 2.07 2.78 2.24 2.34 PBT 19.22 29.67 3.22 -8.11 -1.80 8.35 7.52 -3.27 -9.27 -12.69 -32.98 Tax -11.73 -16.85 0.00 -0.10 0.00 0.89 0.00 0.00 0.00 0.00 0.00 Tax Rate -61.03% -56.79% 0.00% 1.23% 0.00% 10.66% 0.00% 0.00% 0.00% 0.00% 0.00% PAT 30.95 46.52 3.22 -8.01 -1.80 7.46 7.52 -3.27 -9.27 -10.98 -32.98 PAT before Minority Interest 30.95 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 7.73% 12.13% 1.22% -5.68% -0.71% 3.09% 3.63% -1.63% -5.35% -7.71% -26.69% PAT Growth 10.65% 1,344.72% - - - -0.80% - - - - EPS 3.06 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
3rd Nov 2023, 19:55 PM

Read More
Timex Group India inks Job Work agreement with Time Master Watches and Accessories
20th Oct 2023, 11:38 AM

This will also help in utilizing company's unutilized manufacturing capacity
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.

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