Timex Group India Limited · BSE:TIMEX
Timex Group India — Q3 FY2020-21 Earnings Presentation
35 slides from Timex Group India's earnings presentation, Feb 3, 2021
Slide 1: Timex Group India Limited Investor Presentation Q3 FY2020-21
Timex Group India Limited Investor Presentation Q3 FY2020-21 03 February 2021
Slide 2: February, 2021
February, 2021
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: Baupost Group to acquire majority ownership of Timex Group
Middlebury, Conn. — November 23, 2020 — Timex Group, the global maker of timepieces, announced that its owners have entered into an agreement pursuant to The Baupost Group is a Boston-based investment manager with a long- which an affiliate of The Baupost Group, LLC, the Boston-based investment firm
Slide 5: Business Update Q3 FY2020-21: continued recovery led by e-commerce
Continued business recovery, led by E-Commerce, driven by increased consumption during the festive season • The Company witnessed month on month progress in returning to business normalcy while some channels remain challenging. • Retail recovery was driven by increased consumption during the festive
Slide 6: Highlights Q3 FY2020-21
Highlights Q3 FY2020-21 February, 2021
Slide 7: Introducing FURLA
Introducing FURLA TGIL beings FURLA watches to India Timex Group India has brought to India Furla, a brand that stands for Italian savoir-faire and creativity characterised by its time-honoured craftsmanship and artisanal expertise. Furla signed a license with Timex Group for the production and glob
Slide 8: Introducing FURLA: launch marketing
Introducing FURLA FURLA Launch Marketing VM- Instore Display & Branding: placement in key retail counters and modern retail stores with branding visuals and prominent display PR & Social: Online & offline coverage of Furla Launch Digital Marketing: Influencer activities with leading Bollywood and In
Slide 9: Introducing Timex Wall Clocks
Introducing TIMEX WALL CLOCKS TGIL entered a new category with Timex Clocks in 2020. The collection of 16 styles is made in India with a silent sweep technology. The collection is packaged in an attractive blue packaging design, with a matching warranty card and user manual. February, 2021
Slide 10: Partnership with Timehut: Expanding E-Retail
Partnership with Timehut: EXPANDING E-RETAIL Timex Group announced its partnership with the retail entity Timehut as an authorised online retailer for its leading brands. Through this partnership, Timehut will be authorised to sell all the brands under Timex Group across various e-commerce portals s
Slide 11: Growing Wearable Tech Segment
GROWING WEARABLE TECH SEGMENT TGIL continued the impetus on smart wearables with the launch of the fashionable Timex Fitness Band, and the iConnect by Timex – Premium Active Smart Watch. February, 2021
Slide 12: Growing Wearable Tech Segment: roadmap and awards
GROWING WEARABLE TECH SEGMENT The ever-growing Technology roadmap is supported by a 360 degree GTM Strategy. The Timex Fitness Band won the ‘Lifestyle Fitness Band of the Year’ at the 2020 Jagran Hi-Tech Awards. February, 2021
Slide 13: Financial Performance Q3 FY2020-21
Financial Performance Q3 FY2020-21
Slide 14: Improvement in financial performance over last quarter
Improvement in financial performance over last quarter but performance still remains impacted due to the ongoing pandemic. • Revenue has de-grown by 23% during the quarter as compared to 56% during last quarter, as compared to last year numbers. During nine months revenue has de-grown by 55% over la
Slide 15: TGIL Financial Performance – Current Quarter
TGIL Financial Performance – Current Quarter Total Income - Quarter De-growth 600 12.0% (23%) EBIDTA 10.0% 500 EBIDTA % 10.0% 7000 6972 6000 400 8.0% 6.5% 5354 5000 Rs. in lakhs 300 6.0% Rs. in lakhs 4000 538 3000 450 200 4.0% 2000 100 2.0% 1000 0 0 0.0% Q3 Q3 Q3 Q3 19-20 20-21 19-20 20-21 • Revenue
Slide 16: TGIL Financial Performance – Nine months ended 31st December 2020
TGIL Financial Performance – Nine months ended 31st December 2020 Total Income - Nine months De-growth ended 31st December 2020 (55%) 900 4.1% EBIDTA 4.0% 700 EBIDTA % 20000 20116 2.0% 500 832 300 0.0% 15000 Rs. in lakhs 100 Rs. in lakhs -2.0% 10000 -100 9M 9M 9091 2019-20 2020-21 -4.0% -300 5000 -7
Slide 17: TGIL 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. February, 2021
Slide 18: TGIL Annual Financial Performance: EBIDTA
TGIL Annual Financial Performance: EBIDTA Rs. in lakhs February, 2021
Slide 19: TGIL Annual Financial Performance: EBIDTA %
TGIL Annual Financial Performance: EBIDTA % February, 2021
Slide 20: TGIL Annual Financial Performance: PBT
TGIL Annual Financial Performance: PBT Rs. in lakhs February, 2021
Slide 21: TGIL Shareholding Pattern
TGIL Shareholding Pattern 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 30-Jun-20 30-Sep-20 31-Dec-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 0.19% 0.13% 0.13% 0
Slide 22: TGIL Market Capitalization
TGIL Market Capitalization 36 18500 CAGR: 13% Timex Share Price vs BSE Small Cap 60,000 55,977 50,525 33 50,000 17500 45,175 37,503 40,000 30 32,809 16500 30,000 26,903 27 20,000 12,720 15500 24 10,000 - 21 14500 Jan-14 Dec-14 Jan-15 Dec-15 Jan-16 Dec-16 Jan-17 Dec-17 Jan-18 Dec-18 Jan-19 Dec-19 Jan
Slide 23: Our History
Our History February, 2021
Slide 24: Timex Group long and colorful history since 1854
TIMEX GROUP has a long and colorful history. The company was founded as the Waterbury Clock Company in Waterbury, USA in 1854. In manufacturing affordable, high-quality clocks and watches, we have spanned the entire epoch of American clock and watch making and the long waves of American industrial a
Slide 25: Born out of 100,000 golf swings
BORN OUT OF 100,000 GOLF SWINGS suzz contr’s Pyice farr/ © Mist Watch K
Slide 26: About Timex Group
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 distribution TMX around the world Ted Baker Salvatore Ferragamo Versace Versus Nautica About Timex G
Slide 27: Timex Group in the World
Timex has a global footprint with over 3,000 employees worldwide and manufacturing and distribution facilities in 20 countries. Timex Group brands are sold in more than 100 Countries. Timex Brands Presence in the World: Argentina, Australia, Austria, Bahrain, Belgium, Brazil Bulgaria, Canada, Chile,
Slide 28: About Timex Group India Limited (TGIL)
About Timex Group India Limited (TGIL) February, 2021
Slide 29: About Timex Group India Limited
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 design, we reco
Slide 30: 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 & Industrial & a Juris doctorate from Washington & Lee University Relations
Slide 31: One of the Most Powerful Portfolios of Brands in the Indian Watch Industry
One of the Most Powerful Portfolios of Brands in the Indian Watch Industry TGIL BRAND PORTFOLIO February, 2021
Slide 32: TGIL Retail Footprint
Multi-Brand Large Format Defence Doors Stores Canteens 6145 335 1395 Ensuring Safety Guidelines Across TGIL Retail Network Nearly 8000 sales touchpoints that TGIL enable TGIL to reach consumers RETAIL FOOTPRINT across the country Timex World Luxury Retail E-Commerce Showrooms Doors Partners 49 45 5
Slide 33: TGIL Manufacturing
TGIL Manufacturing A state of the art SA 8000: 2014 and OHSAS: 18001:2018 certified watch assembly unit in Baddi, Himachal Pradesh, India CERTIFICATIONS Land Area: 10,000 sq. meters; Built up area: 3,278 sq. meters. Assembly of watches from piece parts to complete watch. Currently handling over 50 t
Slide 34: 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 February, 2021
Slide 35: End of Document
END OF DOCUMENT February, 2021
Timex Group India — Q3 FY2020-21 Earnings Presentation on 6ix