Timex Group India Limited · BSE:TIMEX
Timex Group India — Q3 FY2025 Earnings Presentation
46 slides from Timex Group India's earnings presentation, Jan 30, 2025
Slide 1: 1
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Slide 2: Timex Group India Limited Investor Presentation
Timex Group India Limited Investor Presentation January 30, 2025 2
Slide 3: Disclaimer
Disclaimer This presentation may contain certain forward looking statements concerning Timex’s future Past performance may not be indicative of future performance. We do not undertake to publicly business prospects and business profitability, which are subject to a number of risks and update our for
Slide 4: Business Update
Business Update Timex Group India Ltd reports strong growth over same quarter last year • Timex celebrated its 170th anniversary with the launch of a limited-edition watch priced at $1. With only 1000 units available globally, the watch was loved by collectors and fans around the world and in India.
Slide 5: Q3'FY25 Highlights
Q3’FY25 Highlights TIMEXGROUP
Slide 6: The Limited-Edition Dollar Watch
The Limited-Edition Dollar Watch Timex celebrated its 170th anniversary with the launch of the Limited-Edition Dollar Watch Limited-Edition $1 Watch Over a century ago, we redefined style and affordability with our famous $1 watch. Now, we're making history once again as we celebrate our 170th anniv
Slide 7: 1,000 Limited-Edition Watches Worldwide
The Limited-Edition Dollar Watch Timex celebrated its 170th anniversary with the launch of the Limited-Edition Dollar Watch 1,000 Limited-Edition Watches Worldwide 7
Slide 8: Guess Jewellery Launch
Guess Jewellery Launch TIMEXGROUP
Slide 9: Guess Jewellery Launch
Guess Jewellery Launch Guess women's jewellery is in a class of its own. Perfect combinations of different conventions, motifs and styles are the best solution for any woman looking for something more than simple everyday adornments. Guess jewellery is a timeless synonym of charm, style and a touch
Slide 10: Timex x MM6
Timex x MM6 Timex x MM6 MM6 has transformed our retro-style T80 into an endlessly adaptable accessory. This first-ever T80 ring watch showcases a mirrored mask displaying a sequence of digits from 0 to 23 – with ‘6’ encircled as a nod to the MM6 numerical signature. 10
Slide 11: Timex x Fortnite Collab
Timex x Fortnite Collab Game On: Timex x Fortnite Brings the Hype The Timex x Fortnite collection brings the hype. From the MK1 where we ditched its traditional Arabic hour markers for something a little more epic– Kevin the Cube Glyphs–which glow purple when the INDIGLO® feature is activated, to ou
Slide 12: Financial Performance Q3'FY25
Financial Performance Q3’FY25 12
Slide 13: TGIL Financial Performance Q3 & Nine-months Ended FY25
TGIL Financial Performance Q3 & Nine-months Ended FY25 Improvement in financial performance over last year • Total Income at Rs. 12,035 lacs (grown by 27%) during the quarter as compared to Rs. 9,455 lacs last year. During the Nine-months revenue has grown by 23% over last year. • EBITDA at Rs. 462
Slide 14: Financial Performance – Quarter ended 31st Dec 2024
TGIL Financial Performance – Quarter ended 31st Dec 2024 Total Income - Quarter EBITDA 15000 500 4.5% 12035 EBITDA EBITDA % 3.8% 4.0% 400 3.5% 10000 9455 3.0% 300 Rs. in lakhs 2.5% Rs. in lakhs 2.0% 200 5000 1.5% 1.0% 100 0.5% 462 0 -0.4% 0.0% 0 -36 Q3 Q3 -0.5% Q3 Q3 23-24 24-25 23-24 24-25 -100 -1.
Slide 15: Financial Performance – Nine-Months ended 31st Dec 2024
TGIL Financial Performance – Nine-Months ended 31st Dec 2024 Total Income – Nine Months ended 31st Dec EBITDA 4000 10.0% 45000 EBITDA EBITDA % 3460 40000 3500 40371 9.0% 35000 8.6% 3000 30000 2400 32814 2500 8.0% 25000 2000 20000 7.3% 7.0% 1500 15000 1000 10000 6.0% 5000 500 0 0 5.0% 9M 9M 9M… 9M… 2
Slide 16: Total Income Trend
TGIL Financial Performance – Total Income Trend Total Income 45000 42168 40000 38378 35000 30000 26554 25229 Rs. in lakhs 25000 20000 14211 15000 10000 5000 0 2019-20 2020-21 2021-22 2022-23 2023-24 Company’s operations and financial results for FY21 and FY22 were adversely impacted by Covid-19 due
Slide 17: EBITDA Trend
TGIL Financial Performance – EBITDA Trend EBITDA 4500 4000 3859 3517 3500 3000 2500 Rs. in lakhs 2000 1500 1000 869 500 397 0 2019-20 2020-21 2021-22 2022-23 2023-24 -500 -238 Company’s operations and financial results for FY21 and FY22 were adversely impacted by Covid-19 due to which results are no
Slide 18: EBITDA % Trend
TGIL Financial Performance – EBITDA % Trend EBITDA % 12.0% 10.1% 10.0% 8.3% 8.0% 6.0% 3.3% 4.0% 1.6% 2.0% 0.0% 2019-20 2020-21 2021-22 2022-23 2023-24 -2.0% -1.7% -4.0% -6.0% Company’s operations and financial results for FY21 and FY22 were adversely impacted by Covid-19 due to which results are not
Slide 19: Profit Before Tax Trend
Financial Performance – Profit Before Tax Trend PBT 3500 2967 3000 2776 2500 2000 Rs. in lakhs 1500 1000 500 322 0 2019-20 2020-21 2021-22 2022-23 2023-24 -500 -180 -1000 -811 Company’s operations and financial results for FY21 and FY22 were adversely impacted by Covid-19 due to which results are no
Slide 20: Shareholding Pattern
Shareholding Pattern Shareholding Pattern 31-Dec-21 31-Mar-22 30-Jun-22 30-Sep-22 31-Dec-22 31-Mar-23 30-Jun-23 30-Sep-23 31-Dec-23 31-Mar-24 30-Jun-24 30-Sep-24 31-Dec-24 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 0.0
Slide 21: Market Capitalization
Market Capitalization Market Capitalization Timex Share Price vs. BSE Small Cap 6-year CAGR: 23% 240 58000 2,00,000 1,95,389 225 57000 1,70,000 1,67,981 210 1,50,012 56000 1,40,000 195 180 55000 1,10,000 89,088 165 54000 80,000 150 55,977 53000 135 50,000 32,809 26,903 120 52000 20,000 01-Oct-24 15-
Slide 22: About Timex Group
TIMEXGROUF About Timex Group 22
Slide 23: An Introduction to the Most Consumer-focused Watch & Jewelry Maker
3 An Introduction to the Most Consumer-focused Watch & Jewelry Maker in the World ESTABLISHED 1854 23
Slide 24: Timex Group brands
TIMEX VERSACE GUESS FERRAGAMO MISSONI PHILIPP PLEIN whe TED BAKER c& NAUTICA PLEINSPORT FURLA TIMEXGROUP 24
Slide 25: America's oldest watchmaker
5 We are America’s oldest watchmaker. In 1854, as the Waterbury Clock Company, we combined traditional European watchmaking with American industrial ingenuity to disrupt a 300 year-old industry and make quality attainable for millions. For generations, we’ve brought consumer focus, innovative crafts
Slide 26: Our Experience and Market Behavior Differentiate us From Competitors
6 Our Experience and Market Behavior Differentiate us From our Competitors in Partnering with Top Global Brands Selective Brand Portfolio Private ownership with long-term view serving high-quality and selective brand portfolio Dedicated Teams Dedicated brand marketing and product teams create unique
Slide 27: Our Unique Capabilities Set us Apart
7 Our Unique Capabilities Set us Apart in Crafting Beautiful Accessories and Bringing Them to the World Best-in-Class Design Brand Management & Storytelling Powerful Distribution Network Superior Quality & Agile Supply Chain 27
Slide 28: Courage is the Catalyst that Transforms an Ordinary Creation
8 Courage is the Catalyst that Transforms an Ordinary Creation into an Extraordinary Masterpiece. –Giorgio Galli, Chief Creative Director For over 20 years, Giorgio Galli has been one of the most dynamic watch designers in the industry, his name synonymous with innovation, originality and imaginatio
Slide 29: Design Fuses Consumer Expectations with the Brand DNA
9 Design Fuses Consumer Expectations with the Brand DNA Immersed in brand DNA and connected to consumer expectations, the design team focuses on individuality and relevance to bring brands to life. Every piece tells a story, written to excite consumers and take them on a journey. The perfect accesso
Slide 30: Our Unique Capabilities Set us Apart
0 Our Unique Capabilities Set us Apart in Crafting Beautiful Accessories and Bringing Them to the World Best-in-Class Design Brand Management & Storytelling Powerful Distribution Network Superior Quality & Agile Supply Chain 30
Slide 31: We Engage Consumers Worldwide with Compelling Marketing Stories
We Engage Consumers Worldwide with Compelling Marketing Stories We believe every accessory is a tangible icon of a brand’s story. We fully integrate marketing across the globe and across channels to bring brands to life. Accessories give consumers the opportunity to make the brand part of their stor
Slide 32: The Art and Science of Marketing
2 The Art and Science of Marketing Fuses Consumer Experience, Storytelling and Performance Marketing POS Execution Newsroom & Social Media Digital & Performance Marketing Drive global brand consistency and visibility with Enrich content and product stories for superior Amplify storytelling through d
Slide 33: Our Unique Capabilities Set us Apart
3 Our Unique Capabilities Set us Apart in Crafting Beautiful Accessories and Bringing Them to the World Best-in-Class Design Brand Management & Storytelling Powerful Distribution Network Superior Quality & Agile Supply Chain 33
Slide 34: Comprehensive Network of Brand Distribution
Our Comprehensive Network of Brand Distribution Provides Global Reach and Localization 5 Regional Hubs 9 Global Affiliates 120+ Global Distributors 22,000+ Points of Sale 34
Slide 35: Unparalleled Partnerships and Access to the Right Distribution
We have Unparalleled Partnerships and Access to the Right Distribution in Each Market • Our own affiliates provide portfolio leverage and control in critical markets • We utilizes more than one distributor in many markets to ensure account access is matched to brand positioning • Our Distributors ha
Slide 36: Our Unique Capabilities Set us Apart
6 Our Unique Capabilities Set us Apart in Crafting Beautiful Accessories and Bringing Them to the World Best-in-Class Design Brand Management & Storytelling Powerful Distribution Network Superior Quality & Agile Supply Chain 36
Slide 37: 170 Years of Experience and a Modern Global Supply Chain
7 Middlebury, USA Timex Group HQ Besancon, France Movement Production India Manufacturing Cebu, Philippines We Have 170 Years of Experience Manufacturing and a Modern Global Supply Chain Pforzheim, Germany Each product starts with an idea and raw materials. Research and Development From movement R&D
Slide 38: Agile Supply Chain around Unique Brands and Changing Consumers
8 We’ve Built our Agile Supply Chain around Unique Brands and Changing Consumers Rapid Design and Planning Increases Speed to We’ve Optimized Manufacturing Lead Times, Reimagined Inventory and Lines Provide Market without Sacrifice and Minimum Quantiles ‘Never Out of Stock’ Fast Replenishment Our ro
Slide 39: Timex Group Atelier at the Center of Swiss Production Excellence
9 Timex Group Atelier is at the Center of Swiss Production Excellence In the heart watchmaking, Ticino, Switzerland, Timex Group Atelier creates our most precious timepieces. Forty watchmakers and support staff combine traditional Swiss craftsmanship with modern innovation to bring the unquestioned
Slide 40: About Timex Group India Limited
About Timex Group India Limited 40
Slide 41: 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 des
Slide 42: TGIL Board of Directors
TGIL Board of Directors David Thomas Payne | Chairman Meeta Makhan | Independent Director Experience: 24+ years Experience: 25+ years Qualification: B. Sc. (Computer Science) - University Qualification: BA in Economics from Delhi University, MBA from of Alabama & a Juris doctorate from Washington &
Slide 43: Brand Portfolio
Brand Portfolio One of the strongest portfolios in the watch industry across consumer segments 43
Slide 44: Powerful Distribution Network
Powerful Distribution Network A strong network of sales touchpoints that enable TGIL to reach consumers across the country Multi Brand Large Format Defence Canteen Retail Luxury Retail 5526 362 510 44 149 44
Slide 45: Baddi Plant: Superior Watchmaking & Supply Chain
Baddi Plant: Superior Watchmaking & Supply Chain A state of the art, SA8000: 2014 and ISO 45001:2018 certified, watch assembly unit in Baddi, Himachal Pradesh, India Assembly of watches from piece parts to complete watch. Currently handling over 150 types of movements and a wide array of cases / dia
Slide 46: TGIL After Sales Service
TGIL After Sales Service Pan India locations supported by a Customer Care Call Centre service 5 12 163 46