Timex Group India Limited · BSE:TIMEX
Timex Group India — Q2 FY2020-21 Earnings Presentation
31 slides from Timex Group India's earnings presentation, October 2020
Slide 1: To those working around the clock, we say thank you
To those working around the clock, we say thal gow TIMEX #WeDontStop
Slide 2: Q Timex Reissue Falcon Eye
Q Timex Reissue Falcon Eye 2
Slide 3: Timex Group India Limited Investor Presentation Q2'FY 2020-21
Timex Group India Limited Investor Presentation Q2’FY 2020-21 3
Slide 4: 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 5: Business Update
Business Update Retail recovery, attributed to increased consumption during the festival season Retail recovery for TGIL seen at 60% of 2019 level; Launch of smart wearables and digital marketing have contributed to business recovery. E-Commerce channel recovery is at 100% of last year. For the firs
Slide 6: OEM Business
OEM Business Design, Manufacture, and After Sales Service for Leading Apparel Brands TGIL has forged a partnership with Flipkart for design, manufacture, and after sales service for watches of their recently acquired fashion brands Wrogn, Peter England and Van Heusen. For TGIL the OEM business has h
Slide 7: In the Media
In the Media Social Media New Product Launches Launched in India some of the most popular Timex collections internationally – Parisienne, Fairfield Crystal and sustained our bestselling collections like Waterbury and Expedition Solar Ranger. We also introduced the Q Timex Reissue Timex Falcon Eye an
Slide 8: New Product Launches
New Product Launches Helix GUSTO 2.0 Following the success of its first two smart bands, the Gusto series got a worthy new successor in the 2nd Gen - dual colour, SOS & HRM enabled, Music Control band – Gusto 2.0. Post the dissemination of the press release on Timex Helix Gusto 2.0 launch in India,
Slide 9: 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 9
Slide 10: Ensuring Safety Guidelines Across TGIL Retail Network
Ensuring Safety Guidelines Across TGIL Retail Network Nearly 8000 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 6145 332 1395 47 47 5 10
Slide 11: Financial Performance
Financial Performance Q2’FY 2020-21 11
Slide 12: Financial Performance Q2'FY 2020-21
TGIL Financial Performance Q2’FY 2020-21 Improvement in financial performance over last quarter but still remain impacted due to ongoing pandemic • Revenue has de-grown by 56% during the quarter as compared to 89% during last quarter. During the half-year revenue has de-grown by 72% over last year.
Slide 13: Financial Performance – Current Quarter
TGIL Financial Performance – Current Quarter Total Income - Quarter De-growth 300 4.0% (56%) 3.3% EBIDTA 7000 6936 200 2.0% EBIDTA % 6000 100 232 0.0% 5000 Rs. in lakhs Rs. in lakhs 4000 0 -2.0% 3000 3055 Q2 Q2 19-20 20-21 2000 -100 -4.0% -202 1000 -200 -6.0% 0 -6.6% Q2 Q2 19-20 20-21 -300 -8.0% Com
Slide 14: Financial Performance – Half-year ended 30th Sep 2020
TGIL Financial Performance – Half-year ended 30th Sep 2020 Total Income - Quarter De-growth 2.9% 400 (72%) EBIDTA 0.0% 200 382 EBIDTA % Total Income 0 -5.0% 15000 H1'2019 H1'2020 -200 -10.0% 13000 13144 -400 Rs. in lakhs -15.0% Rs. in lakhs 11000 -600 9000 -1291 -20.0% -800 7000 -25.0% -1000 5000 -3
Slide 15: 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. 15
Slide 16: Annual Financial Performance – EBIDTA
TGIL Annual Financial Performance EBIDTA Rs. in lakhs 16
Slide 17: Annual Financial Performance – EBIDTA %
TGIL Annual Financial Performance EBIDTA % 17
Slide 18: Annual Financial Performance – PBT
TGIL Annual Financial Performance PBT Rs. in lakhs 18
Slide 19: Shareholding Pattern
TGIL Shareholding Pattern 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 30-Jun-20 30-Sep-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% 0.19% 0.13% 0
Slide 20: Market Capitalization
TGIL Market Capitalization 29 16000 60,000 CAGR: 6% Timex Share Price vs BSE Small Cap 52,343 48,910 50,000 27 15000 40,430 40,000 35,585 25 29,427 30,000 25,187 14000 23 20,000 17,444 13000 10,000 21 - Sep-14 Jan-14 Sep-15 Jan-15 Sep-16 Jan-16 Sep-17 Jan-17 Sep-18 Jan-19 Jan-18 Sep-19 Jan-20 Sep-20
Slide 21: we are watchmakers
we are watchmakers EST. 1854
Slide 22: About Timex Group
About Timex Group Over 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
Slide 23: About Timex Group – locations globally
About 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 Ch
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 de
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: 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 27: 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 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 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 29: 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 29
Slide 30: 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 30
Slide 31: End of Document
End of Document 31
Timex Group India — Q2 FY2020-21 Earnings Presentation on 6ix