Timex Group India Ltd (TIMEX) — shareholding pattern, promoter holding, financials and share price
About Timex Group India Ltd (TIMEX)
Timex Group India Ltd operates in the Gems, Jewellery And Watches industry, within the Consumer Durables sector. It trades on the NSE as TIMEX and on the BSE under scrip code 500414. Its ISIN is INE064A01026.
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]
Timex Group India Limited designs, manufactures, markets and distributes watches and accessories across mass, premium and licensed brand portfolios, operating a manufacturing assembly facility in Baddi, leveraging a Swiss Atelier for premium lines, and providing nationwide after-sales service and omnichannel distribution including e-commerce and multi‑brand retail.
TGIL reported a strong operating quarter: Q3 FY26 total income rose 26% year‑on‑year to Rs. 15,151 lakhs and nine‑month revenue grew 40% to Rs. 56,480 lakhs, while EBITDA before exceptional items expanded materially to Rs. 1,028 lakhs in Q3 and Rs. 7,514 lakhs for nine months, indicating meaningful margin recovery and operating leverage.
Listed peers in Gems, Jewellery And Watches: P N Gadgil Jewellers Ltd, Ethos Ltd, Senco Gold Ltd, Goldiam International Ltd, Vaibhav Global Ltd, KDDL Ltd.
Valuation & Returns
10 Jul 2026At ₹575 a share on 10 Jul 2026, Timex Group India Ltd (TIMEX) was valued at a price-to-earnings ratio of 76.94x against an industry P/E of 50.62x and a price-to-book of 69.1x on a book value of ₹8.32 per share as of Mar 2025. Solomo computes return on equity of 89.81% and return on capital employed of 85.44% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 76.94x
- Industry P/E
- 50.62x
- P/B
- 69.1x
- EPS (TTM)
- ₹7.47
- Book value / share
- ₹8.32
- ROE
- 89.81%
- ROCE
- 85.44%
- ROA
- 29.93%
- Debt / equity
- 0.5x
- Dividend yield
- 0%
- EBITDA margin
- 13.88%
- 52-week range
- ₹312 – ₹575.95
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Timex Group India Ltd (TIMEX) reported revenue of ₹799 crore, net profit of ₹75 crore and earnings per share of ₹7.47. That compares with revenue of ₹538 crore and net profit of ₹31 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹235 crore and net profit ₹27 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 264 | 383 | 419 | 538 | 799 |
| Net profit (₹ cr) | 3 | 47 | 21 | 31 | 75 |
| EPS (₹) | 0.32 | 4.61 | 2.06 | 3.11 | 7.47 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 13.28% | 16.39% | 26.72% | 28.45% |
| Profit growth | - | - | 113.69% | 50.77% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 51% of Timex Group India Ltd (TIMEX) (unchanged from the previous quarter), foreign institutional investors (FII) hold 2.5% and domestic institutional investors (DII) hold 1.38%. Market capitalisation was ₹5,805 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: CHETAN JAYANTILAL SHAH 2.38%, GLOBE CAPITAL MARKET LIMITED 1.08%, MAYURI SHRIPAL VORA 1%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 51% | - | 2.5% | 1.38% | 49% |
| Mar 2026 | 51% | - | 1.32% | 0.51% | 49% |
| Dec 2025 | 51% | - | 2.02% | 0.49% | 49% |
| Sep 2025 | 59.93% | - | 1.6% | 0.48% | 40.07% |
| Jun 2025 | 59.93% | - | 1.09% | 0.15% | 40.07% |
| Mar 2025 | 74.93% | - | 0.1% | 0.01% | 25.07% |
| Dec 2024 | 74.93% | - | 0.1% | 0.01% | 25.07% |
| Sep 2024 | 74.93% | - | 0.21% | 0.01% | 25.07% |