Timex Group India Limited · BSE:TIMEX
Timex Group India — Q3 FY2021-22 Earnings Presentation
37 slides from Timex Group India's earnings presentation, Feb 3, 2022
Slide 1: Timex Group India Limited
Timex Group India Limited Investor Presentation Q3 FY2021-22 03 February 2022
Slide 2: I 'A-~.J.
. ..:\ I 'A-~.J. ~
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 business prospects and business profitability, which are subject to a number of risks and publicly update our for
Slide 4: Business Update
Business Update IMPROVEMENT IN PERFORMANCE DRIVEN BY POSITIVE CONSUMER SENTIMENT DURING THE FESTIVE SEASON • E-Commerce channel continued to lead the growth on account of attractive consumer events. • Offline retailers across channels also reported improvement in sales and footfalls with the approac
Slide 5: Highlights Q3 FY2021-22
Highlights Q3 FY2021-22 MEX X l~ w~m
Slide 6: Announcement: TGIL gets Gc & Guess Manufacturing and Distribution Rights
Announcement: TGIL gets Gc & Guess Manufacturing and Distribution Rights = BusinessToday.ln Q Timex Group gets manufacturing, distribution rights for Guess & Gc watches The dea l is a significant win for Timex given Guess and Gc market share, reach and brand recognition in the fash ion watch segment
Slide 7: In the media: Timex x Judith Leiber Collab
In the media: Timex x Judith Leiber Collab A Shining Moment of Fashion, Function and Fine Art Timex and Judith Leiber come together to introduce two limited-edition watch designs, the T80 digital and Q analog. From jewel-encrusted surfaces to its all-polished stainless construction, this Timex is gu
Slide 8: In the media: Timex x Judith Leiber Collab
In the media: Timex x Judith Leiber Collab Great reviews from the press and outstanding support from socialites like Kris Jenner, Khloe Kardashian, Nicky Hilton and Dee Hilfiger Time-x w~~ w~ to copttolue not only on Judtth Leiber Couture Leiber's resurgence in popularity but also stgns liCenSing dc
Slide 9: In the media: Hustle with Helix Campaign with Asim Riaz
In the media: Hustle with Helix Campaign with Asim Riaz Aslm Rlaz On The Menswear Trend He can't Get Enouth Of And More Of His Style Tips ... fl " ~~ F! r1l)1az: c;a::e-d •. rth I ['"\/ 5•, ·lsre· a:>o_: who ""'I~ r""Z.!! ::aS""'t<="" nsp rcbons are ;:nd tna- Fasrrcn acc!!s~c ·re-s hE cbesn't .ea.e
Slide 10: In the media: United Colors of Benetton Timewear
In the media: United Colors of Benetton Timewear GR.\Z IA >= FILMFARE.COM A Sign In UYWOOO HOlLYWOOD This Christmas, Gift Time With Benetton Spread Holiday cheer with Benetton Timewear TimeWear By Team Grazla I December 13, 202~ 17:43 1ST A- A• The bells have started ro jingle, there is a chill in t
Slide 11: New Launches: Timex Fria Women's Collection
New Launches: Timex Fria Women’s Collection New Launches: Timex Fria Women’s Collection Crescent moon studded dial Asymmetric jewelry design Crystal studded semi-bangle Square Crystals on case at lugs Jewel tone colour combinations 11
Slide 12: New Launches: Timex Automatics
New Launches: Timex Automatics New Launches: Timex Automatic Sapphire Nano 44mm Coated Domed Crystal Case | 22mm strap 21 Jewel Stainless Automatic Steel Body 40 Hour Exhibition Power Reserve Case Back Skeletal Design Italian Leather Strap Dial Built in India 12
Slide 13: New Launches: Helix MetalFIT 2.0 Smartwatch
New Launches: Helix MetalFIT 2.0 Smartwatch New Launches: Helix MetalFIT 2.0 Smartwatch 13
Slide 14: Financial Performance Q3 FY2021-22
Financial Performance Q3 FY2021-22
Slide 15: TGIL Financial Performance Q3 FY2021-22
TGIL Financial Performance Q3 FY2021-22 Improvement in revenue over last year • Revenue has grown by 23% during the quarter compared to corresponding period last year. During the nine-months ended 31st December 2021 revenue has grown by 104% over corresponding period last year. • EBIDTA is at negati
Slide 16: TGIL Financial Performance – Quarter ended 31st Dec 2021
TGIL Financial Performance – Quarter ended 31st Dec 2021 Growth (23%) Total Income 2000 EBIDTA 10000 EBIDTA % 9000 1500 8000 25.0% 7000 6562 1000 Rs. in lakhs Rs. in lakhs 6000 5354 10.0% 5000 538 500 4000 5.0% 3000 -5.8% 2000 0 1000 Q3 Q3 20-21 21-22 0 -379 -500 -15.0% Q3 Q3 20-21 21-22 16
Slide 17: TGIL Financial Performance – Nine-months ended 31st Dec 2021
TGIL Financial Performance – Nine-months ended 31st Dec 2021 Growth (104%) 900 Total Income 700 EBIDTA 4.0% EBIDTA % 2.8% 20000 500 2.0% 18573 300 0.0% 15000 Rs. in lakhs 513 Rs. in lakhs 100 -2.0% 10000 -100 9M 9M -4.0% 2020-21 2021-22 -300 -753 9091 -6.0% 5000 -500 -700 -8.0% 0 -8.3% 9M 9M -900 -1
Slide 18: 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 19: 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 20: 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 21: 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 22: TGIL Shareholding Pattern
TGIL Shareholding Pattern 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 30-Sep-21 31-Dec-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 0.03% 0.03% 0.03% 0
Slide 23: TGIL Market Capitalization
TGIL Market Capitalization Timex Share Price vs BSE Small Cap 6 year CAGR: 16% 96 31000 90 95,000 89,088 85,000 84 30000 75,000 78 65,000 72 29000 55,977 55,000 50,525 66 45,175 45,000 37,503 60 28000 32,809 35,000 54 26,903 25,000 48 27000 Dec-15 Jan-15 Dec-16 Jan-16 Dec-17 Jan-17 Dec-18 Jan-18 Dec
Slide 24: About Us
ABOUT US
Slide 25: 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 25
Slide 26: Legacy Craftsmanship Design
Legacy Craftsmanship Design Fairness TIMEX GROU P 26
Slide 27: Takes a Licking. Keeps on Ticking
Takes a Licking. Keeps on Ticking II~-· • • , ....... By the 1960s. eu< watches ""'"'so 10l'Xpen51W. handsome and durlble.IMtfY lh~d watdl sold an " ' - a was a Tmu. Our televiSed tartur• tests. proved our~ supenon')', o( our Tmex -~. st10 a fiJIIOf ll! Made for Badass Women ac...er a hal6 <ent\.ly
Slide 28: The World's Most Popular Watch
The World's Most Popular Watch t; cne """'eb.!r) -.nos our,.... The r._ e.,~~ "'our Hurt. Ilea..~"' "".,. ..,pllo<y thtt,.,...," -deJiSjnquD!y becarne tbq.rtous wi!ll r..- Sn:•l'J77. ..,.·w ..-men l!wn 100 milbcn. if yru-hadaTrne<,t._~armce.,~~ tho irt'""""" d tt. EMy ~·s mnmolost beluty ant._, oaos
Slide 29: Smart Before it was Cool
Smart Before it was Cool We ntroducod ct. forst c:cmr od "smort" wald>y...r· bolotol'J10$1 people ewn ""ned a mobole pnono. The Tomr< Oat.llllkiSone of wry fewWT1st watd>esofflc..lty cnriOd lor spac<t flogt'( by NASA. t used a di~ ¥to toed dorm.illon ITem ~ comP<Jt• sann ;rid buOt tne foundotxln !or
Slide 30: 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 31: 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 32: Brand Portfolio
Brand Portfolio One of the strongest portfolios in the watch industry across consumer segments TIMEX N AUTICA FUR LA VERSACE V\'/,1 C HE. ~ TE D BAKER MISSONJ HELIX UNITW COLORS OFBENETTON GLJ ESS .......... -- ......... odidas TIMEX G RO U P 32
Slide 33: Powerful Distribution Network
Powerful Distribution Network A strong network of sales touchpoints that enable TGIL to reach consumers across the country MULTI LARGE DEFENCE TIMEX WORLD LUXURY BRAND FORMAT CANTEEN SHOWROOM RETAIL TATA CLiO ILUXURY amazon -............., Flipkart Myntra NWIA- FASHION AJIO TIMEX GR OUP 33
Slide 34: Supply Chain: We are a True Global Watchmaker with the Owned Capabilities
Supply Chain: We are a True Global Watchmaker with the Owned Capabilities Middlebury, USA Besancon, France Pforzheim, Germany Lugano, Switzerland Baddi, India Cebu, Philippines HQ & Watchmaking Movement Production Research and Development Watchmaking Manufacturing Manufacturing 34
Slide 35: 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 36: 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 TIMEX GROU P 36
Slide 37: Timex Group
TIMEXGROUP 37
Timex Group India — Q3 FY2021-22 Earnings Presentation on 6ix