Timex Group India Limited · BSE:TIMEX
Timex Group India — Q2 FY2022-23 Earnings Presentation
31 slides from Timex Group India's earnings presentation, Nov 1, 2022
Slide 1: Timex Group India Limited Q2 FY2022-23
Timex Group India Limited Investor Presentation Q2 FY2022-23 November 1, 2022
Slide 2: Timex brand imagery
TIMEX MALIBU CO Wes) 1 ON
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 Highest Quarterly Revenue and Profitability in TGIL History Q2 FY22-23 has been the best quarter reported in TGIL history PLEASE REVIEW • Revenue, Collection, Profitability – all key parameters are at best-ever levels. • In line with strategy, the analog segment is growing well with
Slide 5: Highlights
Highlights Q2 FY2022-23
Slide 6: Launch of Guess & Gc FW22 Watch Collection
Launch of Guess & Gc FW22 Watch Collection A star-studded event at New Delhi showcasing the new fashionable watch collections of Guess and Gc 6
Slide 7: Waterbury Ocean Continues to Make Waves
Waterbury Ocean Continues to Make Waves Timex designed a watch made from 100% ocean-bound plastic to tackle pollution. Responsibly sourced and developed, we are redesigning our past while taking care of our future. 7
Slide 8: Financial Performance
Financial Performance Q2 FY2022-23
Slide 9: Financial Performance Q2 FY 2022-23 & Half-year Ended 30th Sep 2022
TGIL Financial Performance Q2 FY 2022-23 & Half-year Ended 30th Sep 2022 • Total Income at Rs. 12,125 lacs (grown by 38%) during the quarter as compared to Rs. 8,802 lacs last year. During the half-year revenue has grown by 80% over last year. • EBIDTA is Rs. 2,047 lacs (grown by 60%) during the qua
Slide 10: Financial Performance – Current Quarter
TGIL Financial Performance – Current Quarter Growth Total Income - Quarter 38% 2500 18.0% 13000 12125 EBIDTA 12000 16.9% EBIDTA % 11000 2000 10000 8802 9000 16.0% Rs. in lakhs 8000 1500 Rs. in lakhs 7000 14.6% 6000 1000 2047 5000 14.0% 4000 1283 3000 500 2000 1000 0 0 12.0% Q2 Q2 Q2 Q2 21-22 22-23 2
Slide 11: Financial Performance – Half-Year Ended 30th Sep 2022
TGIL Financial Performance – Half-Year Ended 30th Sep 2022 Growth Total Income – Half-Year 80% 4000 18.0% 23000 21578 EBIDTA 15.8% 21000 3500 EBIDTA % 15.0% 19000 3000 Rs. in lakhs 17000 12.0% 2500 Rs. in lakhs 15000 12011 2000 7.4% 9.0% 13000 3415 11000 1500 6.0% 9000 1000 7000 3.0% 500 892 5000 30
Slide 12: Financial Performance – Total Income
TGIL Financial Performance – Total Income Total Income 30000 26554 25229 25000 24190 21015 Rs. in lakhs 20000 15000 14211 10000 2017-18 2018-19 2019-20 2020-21 2021-22 12
Slide 13: Financial Performance – EBIDTA
TGIL Financial Performance – EBIDTA EBIDTA 1200 1129 1153 1100 1000 900 869 800 700 600 Rs. in lakhs 500 397 400 300 200 100 0 -100 2017-18 2018-19 2019-20 2020-21 2021-22 -200 -300 -238 13
Slide 14: Financial Performance – EBIDTA %
TGIL Financial Performance – EBIDTA % EBIDTA % 7.0% 6.0% 5.4% 4.8% 5.0% 4.0% 3.3% 3.0% 2.0% 1.6% 1.0% 0.0% 2017-18 2018-19 2019-20 2020-21 2021-22 -1.0% -2.0% -1.7% 14
Slide 15: Financial Performance – Profit Before Tax
TGIL Financial Performance – Profit Before Tax 1000 835 800 752 600 400 322 200 Rs. in lakhs 0 2017-18 2018-19 2019-20 2020-21 2021-22 -200 -180 -400 -600 -800 -811 -1000 15
Slide 16: Shareholding Pattern
TGIL Shareholding Pattern 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 31-Mar-22 30-Jun-22 30-Sep-22 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% 0.04% 0.03% 0
Slide 17: Market Capitalization
TGIL Market Capitalization Timex Share Price vs BSE Small Cap 135 30500 6-year CAGR: 15% 125 29500 120,000 115 110,439 28500 100,000 105 27500 80,000 95 26500 60,000 52,343 85 48,910 40,430 40,000 35,585 47,850 25500 75 25,187 20,000 65 24500 Sep-16 Jan-16 Sep-17 Jan-17 Sep-18 Jan-18 Sep-19 Jan-19 S
Slide 18: About Us
ABOUT US
Slide 19: 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 168 YEARS OF EXPERIENCE 13+ GLOBAL BRANDS 2.7B WATCHES SOLD 120 DISTRIBUTORS 3,000 GLOBAL EMPLOYEES 19
Slide 20: Timex Group: Legacy, Craftsmanship, Design, Fairness
TIMEXGROUF Legacy Craftsmanship Design Fairness 20
Slide 21: Timex brand highlights
Takes a Lic ing, Keeps on Ticking Made for Badass Women We Learned the Rules, then We Broke Them From the Pocket to the Wrist TIMEXGROUPF 21
Slide 22: The World's Most Popular Watch
The World's Most Popular Watch Precision Quartz Timekeeping Another Bright Idea TIMEXGROUP 22
Slide 23: Smart Before it was Cool
Smart Before it was Cool You Asked, We Listened Watchmaking Back inthe USA 1 ur very fest mantel docks 15 TIMEXGROUPF 23
Slide 24: 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 25: 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 26: Brand Portfolio
Brand Portfolio One of the strongest portfolios in the watch industry across consumer segments 26
Slide 27: Powerful Distribution Network
Powerful Distribution Network A strong network of sales touchpoints that enable TGIL to reach consumers across the country 5779 279 1347 39 73 27
Slide 28: Supply Chain: A True Global Watchmaker with 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 28
Slide 29: Baddi Plant: Superior Watchmaking & Supply Chain
Baddi Plant: Superior Watchmaking & Supply Chain A state of the art SA 8000: 2014 and OHSAS: 45001:2018 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 30: After Sales Service
TGIL After Sales Service Over 200 locations supported by a Customer Care Call Centre service 30
Slide 31: Timex Group
TIMEXGROUP
Timex Group India — Q2 FY2022-23 Earnings Presentation on 6ix