Timex Group India Limited · BSE:TIMEX
Timex Group India — Q1 FY2022 Earnings Presentation
30 slides from Timex Group India's earnings presentation, Aug 11, 2021
Slide 1: Intimation to BSE under Regulation 30(6)
August 11, 2021 The Secretary BSE Ltd. P J Towers, Rotunda Bldg., Dalal Street, Fort Mumbai – 400 001 Scrip Code: 500414 Sub: Intimation under Regulation 30(6) of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 - Investor Presentation for Q1 of FY 2022 Dear Sir, Please find
Slide 2: Timex Group India Limited Investor Presentation Q1 FY2021-22
Timex Group India Limited Investor Presentation Q1 FY2021-22 11 Aug 2021
Slide 3: 2
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Slide 4: Disclaimer
Disclaimer This presentation may contain certain forward looking statements concerning Timex’s Past performance may not be indicative of future performance. We do not undertake to future business prospects and business profitability, which are subject to a number of risks publicly update our forward
Slide 5: Business Update
Business Update Covid-19 Second Wave Business Impact • The quarter started with a severe second wave of Covid-19 swiftly overwhelming medical infrastructure across the country. • The Company re-instituted WFH early on to safeguard its employees and carried out vaccination drives for the teams. • Whi
Slide 6: Highlights Q1 FY2021-22
HIGHLIGHTS Q1 FY2021-22
Slide 7: We Don't Stop Campaign
We Don’t Stop Campaign This timeless message is even more relevant today. The We Don’t Stop campaign continued to partner with amplify the voices of who those who have shown the ‘We Don’t Stop’ spirit in their life and continue to inspire us all. LAXMI AGGARWAL, an acid attack survivor, campaigner f
Slide 8: Timex Fit Smartwatch
Timex Fit Smartwatch The Timex FIT smartwatch received exposure in publications like HT Tech, Gadget 360, India Today, Indian Express, Jagran, Media Brief, Media Infoline, NDTV.com, Gadget 360 etc. The social launch video has also received over 550K views. 7
Slide 9: New Product Introductions
New Product Introductions Bringing the best of our heritage products from across the globe. Collections like Command Urban, Navi XL, Essex Avenue, Waterbury & Q Timex Color Series garnered greater engagement on social and were appreciated by consumers. 8
Slide 10: Financial Performance Q1 FY2021-22
Financial Performance Q1 FY2021-22 9
Slide 11: TGIL Financial Performance
TGIL Financial Performance Financial performance during the quarter impacted by 2nd wave of Covid-19 but better than last year. • Total Income at Rs. 3209 lacs (grown by 371%) during the quarter as compared to Rs. 682 lacs last year. • EBIDTA is negative Rs. 391 lacs (64% lower) during the quarter a
Slide 12: TGIL Financial Performance – Current Quarter
TGIL Financial Performance – Current Quarter Total Income - Quarter Growth 371% 400 EBIDTA 40% Total Income 200 EBIDTA % 20% 3500 0 -12.2% 0% 3209 Q1 Q1 -200 -20% 3000 20-21 21-22 Rs. in lakhs -400 -40% 2500 -391 Rs. in lakhs -600 -60% 2000 -800 -80% 1500 -1000 -100% -1200 -1089 -120% 1000 682 -1400
Slide 13: TGIL Annual Financial Performance: Total Income
TGIL Annual Financial Performance: Total Income Total Income 26000 25229 24190 24000 22000 21015 19995 Rs. in lakhs 20000 18000 16000 14211 14000 12000 2016-17 2017-18 2018-19 2019-20 2020-21 Company's operations and financial results for the financial year ended March 31, 2021, have been adversely
Slide 14: TGIL Annual Financial Performance: EBIDTA
TGIL Annual Financial Performance: EBIDTA EBIDTA 1400 1200 1129 1153 1000 Rs. in lakhs 800 600 397 400 200 105 0 2016-17 2017-18 2018-19 2019-20 2020-21 -200 -238 -400 Company's operations and financial results for the financial year ended March 31, 2021, have been adversely impacted by the outbreak
Slide 15: TGIL Annual Financial Performance: EBIDTA %
TGIL Annual Financial Performance: EBIDTA % 6.0% 4.8% 5.4% 4.0% 2.0% 1.6% 0.5% 0.0% 2016-17 2017-18 2018-19 2019-20 2020-21 -1.7% -2.0% -4.0% -6.0% Company's operations and financial results for the financial year ended March 31, 2021, have been adversely impacted by the outbreak of COVID-19 pandemi
Slide 16: TGIL Annual Financial Performance: PBT
TGIL Annual Financial Performance: PBT 835 800 752 600 400 200 Rs. in lakhs 0 2016-17 2017-18 2018-19 2019-20 2020-21 -200 -180 -400 -381 -600 -800 -811 -1000 Company's operations and financial results for the financial year ended March 31, 2021, have been adversely impacted by the outbreak of COVID
Slide 17: TGIL Shareholding Pattern
TGIL Shareholding Pattern 30-Jun-18 30-Sep-18 31-Dec-18 31-Mar-19 30-Jun-19 30-Sep-19 31-Dec-19 31-Mar-20 30-Jun-20 30-Sep-20 31-Dec-20 31-Mar-21 30-Jun-21 Promoters 74.93% 74.93% 74.93% 74.93% 74.93% 74.93% 74.93% 74.93% 74.93% 74.93% 74.93% 74.93% 74.93% Institutional Investors 0.13% 0.04% 0.03% 0
Slide 18: TGIL Market Capitalization
TGIL Market Capitalization Timex Share Price vs BSE Small Cap 6 year CAGR: 8% 44 26000 49,365 50,000 25000 43,156 40 42,349 42,853 41,188 24000 40,000 36 23000 30,941 22000 30,000 32 21000 21,805 20,000 28 20000 Jan-15 Jun-15 Jan-16 Jun-16 Jan-17 Jun-17 Jan-18 Jun-18 Jan-19 Jun-19 Jan-20 Jun-20 Jan-
Slide 19: About Us
About Us 18
Slide 20: Timex Group is America's Oldest Watchmaker, Established in 1854
Timex Group is America’s Oldest Watchmaker, Established in 1854 in Connecticut, USA Designs, manufactures and distributes products to consumers around the world 167 YEARS OF EXPERIENCE 11+ GLOBAL BRANDS 2.7B WATCHES SOLD 120 DISTRIBUTORS 3,000 GLOBAL EMPLOYEES 19
Slide 21: Our Unique Capabilities Set Us Apart
Our Unique Capabilities Set Us Apart in Crafting Watches and Bringing Them to the World STRONG POWERFUL SUPERIOR BEST-IN-CLASS BRAND DISTRIBUTION WATCHMAKING DESIGN PORTFOLIO NETWORK & SUPPLY CHAIN 20
Slide 22: About TGIL
About TGIL Timex Group India Limited (TGIL) is a group company of Tanager Group B.V. (formerly known as Timex Group B.V.) Having entered India in 1988, Timex Group India today has one of the most powerful portfolios of brands in the watch industry. With technological innovation and cutting-edge desi
Slide 23: TGIL Board of Directors
TGIL Board of Directors David Thomas Payne | Chairman Pradeep Mukerjee | Independent Director Experience: 22+ years Experience: 30+ years Qualification: B. Sc. (Computer Science) - University of Alabama Qualification: Masters in Personal Management & & a Juris doctorate from Washington & Lee Univers
Slide 24: Design Credentials
Design Credentials BEST-IN-CLASS DESIGN Design Fuses Consumer Expectations with the Brand DNA Based in Milan and lead by Giorgio Galli, whose name is synonymous with innovation, originality and imagination, our dynamic design team is one of the most admired in the industry. Immersed in brand DNA and
Slide 25: Brand Portfolio
Brand Portfolio One of the strongest portfolios in the watch industry across consumer segments TGIL Brand Portfolio Additional Global Brands 24
Slide 26: Powerful Distribution Network
Powerful Distribution Network Nearly 8000 sales touchpoints that enable TGIL to reach consumers across the country Multi-Brand Large Format Defence Doors Stores Canteens 6145 329 1395 Timex World Luxury Retail E-Commerce Showrooms Doors Partners 49 47 5 25
Slide 27: Supply Chain: A True Global Watchmaker
Supply Chain: We are a True Global Watchmaker, with the Owned Capabilities to Create and Assemble Every Component of a Watch Middlebury, USA Besancon, France Pforzheim, Germany Lugano, Switzerland Baddi, India Cebu, Philippines HQ & Watchmaking Movement Production Research and Development Watchmakin
Slide 28: Baddi Plant: Superior Watchmaking & Supply Chain
Baddi Plant: Superior Watchmaking & Supply Chain A state of the art SA 8000: 2014 and OHSAS: 18001:2018 certified watch assembly unit in Baddi, Himachal Pradesh, India Land Area: 10,000 sq. meters; Built up area: 3,278 sq. meters. Assembly of watches from piece parts to complete watch. Currently han
Slide 29: TGIL After Sales Service
TGIL After Sales Service Over 200 locations supported by a Customer Care Call Centre service Authorized Lead Authorized Authorized Service Workshops Service Centres Service Centres 5 17 205 28
Slide 30: Timex Group
TIMEXGROUP