Timex Group India Limited · BSE:TIMEX
Timex Group India — Q4 FY2019-20 Earnings Presentation
32 slides from Timex Group India's earnings presentation, June 2020
Slide 1: #WeDontStop tribute
To the fighters, the providers, and caretakers; We honor your committment to your community and most of all, we thal gow TIMEX #WeDontStop
Slide 2: Timex Group India Limited Investor Presentation Q4 FY 2019-20
Timex Group India Limited Investor Presentation Q4’FY 2019-20 2
Slide 3: Disclaimer
Disclaimer This presentation may contain certain forward looking statements concerning Past performance may not be indicative of future performance. We do not undertake Timex’s future business prospects and business profitability, which are subject to a to publicly update our forward-looking stateme
Slide 4: Employee Safety - COVID-19 Update
COVID-19 UPDATE Safeguarding Our People EMPLOYEE CLEAR SECURING ALL SAFETY GUIDELINES PREMISES • Initiated travel ban early on. • Manuals prepared for employees at all • Sanitisation of Plant, offices, warehouse, • Moved to “Work from Home” for our workplaces. service centres. employees before natio
Slide 5: Business Continuity Planning
COVID-19 UPDATE Planning Recovery and Adjusting to the New Normal BUSINESS PLANNING CONTINUITY RECOVERY • Took decisive actions for cash preservation from March’20. • Understanding and adapting to new consumer behaviour. • Focused on inventory management, cost control, maintaining liquidity. • Lever
Slide 6: Communication | Pre Covid-19
Communication | Pre Covid-19 Jan - Mar | Impactful launches through aggressive marketing Celestial Opulence Partnered with celebrities like Athiya Shetty, Tara Sutaria, etc. and an outdoor & metro promotion campaign. Samay Bharti [The India International Watch & Clock Fair] Timex participated in Sam
Slide 7: Social Media Communication | During Covid-19
Social Media Communication | During Covid-19 MARCH – MAY | Adapted the communication to cover relevant initiatives Social Media Content Warranty Extension Stay Safe, Stay Healthy Time To Change Desh Ke Gaurav We are Open Topical Content Mother’s Day Earth Day International Nurses’ Day Eid-ul-Fitr Ak
Slide 8: PR Communication | Pre Covid-19
PR Communication | Pre Covid-19 Focused on collection launches and topical days Amplified launch of Celestial Opulence, Helix Hashtag Collection, iConnect Active and listicles. Special occasions: Valentine’s Day & Women’s Day Launch of new brand Teslar watches 8
Slide 9: PR Communication | During Covid-19
PR Communication | During Covid-19 Coverage focused on relevant updates during the pandemic Launched Timex QR App, SA 8000 Certification, Timex India Employee’s Innovation, Pre-booking Offer Announcement, Baddi Factory Reopening, TMX Desh Ke Gaurav Campaign and listicles on Work from Home & Mother’s
Slide 10: New Product Launches
New Product Launches Tech & Premium Segments PREMIUM ANALOG: Surgical Steel Chronographs SMARTWATCH: iConnect by Timex: ACTIVE 316L steel is a premium grade of steel that is specially created to Stay connected while living your best life and reaching every goal. withstand high corrosive environments
Slide 11: Brand Portfolio Remains Strong
TGIL Brand Portfolio Remains Strong A diverse portfolio operating in various segments LUXURY, Swiss Made 40k+ Premium Fashion 10k to 30k Mainstream Fashion Youth Mass Up to 15k 11
Slide 12: Ensuring Safety Guidelines Across TGIL Retail Network
Ensuring Safety Guidelines Across TGIL Retail Network Over 7000 sales touchpoints that enable TGIL to reach consumers across the country MBO Large Format Defence Timex World Luxury Retail E-Commerce Doors Stores Canteens Showrooms Doors Partners >600 >300 ~1400 >40 >40 5 12
Slide 13: Financial Performance
Financial Performance Q4’FY 2019-20 13
Slide 14: Financial Performance Q4 FY 2019-20
TGIL Financial Performance Q4’FY 2019-20 Performance impacted adversely by the pandemic • Revenue de-grown by 12% during the quarter and grown by 4% during the year over last year. • EBIDTA de-grown by 170% during the quarter and de-grown by 66% during the year over last year. • PBT de-grown by 204%
Slide 15: Financial Performance – Current Quarter and Year to Date
TGIL Financial Performance – Current Quarter and Year to Date Total Income - Quarter De-growth Total Income – Full Year Growth (12%) 4% Rs. in lakhs Rs. in lakhs Rs. in lakhs Rs. in lakhs 15
Slide 16: Annual Financial Performance: Total Income
TGIL Annual Financial Performance Total Income CAGR: 10% Rs. in lakhs Note: GST Implemented from July 1, 2017 therefore revenue numbers are not strictly comparable to past. 16
Slide 17: Annual Financial Performance: EBIDTA
TGIL Annual Financial Performance EBIDTA Rs. in lakhs 17
Slide 18: Annual Financial Performance: EBIDTA %
TGIL Annual Financial Performance EBIDTA % 18
Slide 19: Annual Financial Performance: PBT
TGIL Annual Financial Performance PBT Rs. in lakhs 19
Slide 20: Shareholding Pattern
TGIL Shareholding Pattern 31-Mar-17 30-Jun-17 30-Sep-17 31-Dec-17 31-Mar-18 30-Jun-18 30-Sep-18 31-Dec-18 31-Mar-19 30-Jun-19 30-Sep-19 31-Dec-19 31-Mar-20 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 0.11% 0.19% 0.19% 0
Slide 21: Market Capitalization
TGIL Market Capitalization 6 year CAGR: Timex Share Price vs BSE Small Cap 60,000 9% 45 15000 51,989 50,778 50,000 40 14000 40,000 43,560 35 13000 30,184 30,000 30 12000 19,181 20,000 25 11000 17,616 10,000 20 10000 10,226 - 15 9000 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 01-Jan-20 22-Jan-2
Slide 22: About Us
About Us 22
Slide 23: About Timex Group
About Timex Group 165 years of innovation, tradition and market leadership Founded in 1854 3.000 + Designs and manufactures In-house Brands in India employees innovative timepieces that design, Timex worldwide are sold in over manufacturing, Helix 100 countries assembly and TMX around the world dist
Slide 24: Timex Group locations
Timex Group Over 20 locations globally Subsidiary Locations Corporate & Business Unit | Locations & Offices Manufacturing | Locations & Offices India USA Cebu UK Middlebury, Norwalk Pforzheim Canada Besancon Mexico Hong Kong Italy INTERNATIONAL Shenzhen Poland Noida, Amsterdam, Paris, Baddi China Lu
Slide 25: 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 de
Slide 26: 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 27: Design Credentials
Design Credentials We are watchmakers, obsessed with innovative craftsmanship and thoughtful design. At the creative epicentre of the Timex family in Milan, the Giorgio Galli Design Lab’s team creates watches for brands across the Timex Group including Timex, Helix, Nautica, Versace, Versus, Salvato
Slide 28: It is Our Honour to Make In India
It is Our Honour to Make In India TGIL Manufacturing: A state of the art OHSAS: 18001:2007 certified watch assembly unit in Baddi, Himachal Pradesh, India Baddi is located on the foothill of Shivalik mountain range of the Himachal Pradesh province in India. This industrial hub has a round the year c
Slide 29: It is Our Honour to Make In India
It is Our Honour to Make In India TGIL Manufacturing: A state of the art OHSAS: 18001:2007 certified watch assembly unit in Baddi, Himachal Pradesh, India Timex Baddi Unit has an assembly capacity of 10 k watches per day. It includes assembly of digital, Analogue, Ana-Digi, Indiglo®. We have also as
Slide 30: Service Network
TGIL Service Network A combination over 200 locations supported by a customer care call centre service Authorized Lead Authorized Authorized Service Workshops Service Centres Service Centres 5 17 205 30
Slide 31: Exports
TGIL Exports Increasing Global Reach Canada* USA* Nepal Bangladesh Mexico* KSA* Pakistan Thailand* Philippines* Vietnam* Sri Lanka Singapore* Indonesia* Fiji Mauritius * Via group company 31
Slide 32: End of Document
End of Document 32
Timex Group India — Q4 FY2019-20 Earnings Presentation on 6ix