Timex Group India Limited · BSE:TIMEX
Timex Group India — Q4 FY2019 Earnings Presentation
29 slides from Timex Group India's earnings presentation, May 2019
Slide 1: Timex Group India Limited Investor Presentation Q4 FY19
Timex Group India Limited Investor Presentation Q4’ FY19
Slide 2: Disclaimer
Disclaimer This presentation may contain certain forward looking statements concerning Timex’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements.
Slide 3: Founded in 1854, Timex has 165 years of experience
Founded in 1854 as the Waterbury Clock Company, Timex has 165 years of experience in watchmaking. With a rich and varied history, Timex has established a tradition of producing quality, innovative pieces. Timex played an influential role in moving the watch from the pocket to the wrist and to this d
Slide 4: In the News
In the News C--) imexaCelebrating 165 Years of Timekeeping .% b> 4) G00) 008 incent Berard Joins Timex Group Teslar Joins Timex Group CT Scuderia Joins Timex Group TIMEXGROUP Timex Group to manufacture and distribute Ted Baker watches Bs ncsewono cena . SLi Fashion retailer Ted Baker and watch manuf
Slide 5: In the Media
In the Media » THIS VALENTINE’S DAY, TIMEX INDIA TOUCHED MILLIONS OF HEARTS! ‘Total Reach of Campaign: 74.8 M Total Engagement of Campaign: 1M WE'RE CELEBRATING l ay a! an’ an’ a Free: DI II‘ = FACEBOOK FOLLOWERS Get an attractive UCB Gym Bag ae worth 999 with every Helix Watch Hurry! Offer valid fr
Slide 6: About Us
About Us Timex Group India Limited is a group company of Timex Group B.V. Netherlands. Established 1854 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 recognize t
Slide 7: Founded in 1854, 5,000 employees worldwide
Founded in 1854 Brands in India Timex Helix 5.000 employees In-house Salvatore Ferragamo worldwide design, Versace manufacturing, Versus assembly and Nautica Designs and manufactures innovative distribution timepieces that are sold in over 100 Additional Global Brands* countries around the world Gue
Slide 8: Over 20 Locations Globally
Over 20 Locations Globally Subsidiary Corporate & Business Unit Manufacturing Locations Locations / Offices Locations & Offices India USA Cebu UK Middlebury, Norwalk Pforzheim Canada Besancon Mexico INTERNATIONAL Hong Kong Italy Noida, Amsterdam, Paris, Shenzhen Poland Lugano, Zug, Milan Baddi China
Slide 9: Our Values
Our Values AUTHENTICITY & SUBSTANCE PERSONALITY STYLISTIC POINT OF VIEW TRUEWATCHMAKER INNOVATIVE INCLUSIVE CONFIDENT UNDERSTATED MINIMALIST 165 YEARS COUNTLESSFIRSTS UNPRETENTIOUS UNCONVENTIONAL THOUGHTFUL, SOPHISTICATED TIMEXGROUP
Slide 10: A History Of Firsts
A History Of Firsts Launch event of Timex Data-link The 1970s saw our first digital watches, and we pioneered the first connected watch in the 90s. In 1992, we changed the way the world told time in the dark with our patented INDIGLO backlight.
Slide 11: Timex Group India Limited
Timex Group India Limited 1988 Joint venture between Timex Group and Jayna Times Industries Ltd. -199 0 1990 Joint Venture with Titan Company. JV ended in 2000. - 200 0 30 Since Public Limited Company listed on Bombay Stock Exchange. YEARS IN INDIA 1994 2018 Since Subsidiary of Timex Group Luxury Wa
Slide 12: Board of Directors
Board of Directors INDEPENDENT DIRECTORS David Thomas Payne Pradeep Mukerjee Chairman Independent Director Experience: 22 years Experience: 30+ years Qualification: B. Sc. (Computer Science) - University of Qualification: Masters in Personal Management & Industrial Alabama & a Juris doctorate from W
Slide 13: Brand Portfolio In India
Brand Portfolio In India TIMEX Sabarore. Femagasso- HELIX VERSUS y) TIMEX VERSACE NAUTICA
Slide 14: Retail Network
Retail Network 5390 MBO Doors 270 Large Format Stores 1280 Defence Canteens 55 Timex World Showrooms 48 Luxury Retail Doors
Slide 15: International Design Credentials
International Design Credentials Creative Director – Giorgio Galli At the creative epicentre of the Timex family in Milan, the Giorgio Galli Design Lab’s team originates more than 500 watches each year for brands across the Timex Group including Timex, Helix, Nautica, Versace, Versus and Salvatore F
Slide 16: Manufacturing
Manufacturing A state of the art, OHSAS: 18001:2007 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. Single shift operation. Installed Capacity : 10K/ day; currently
Slide 17: Service Network
Service Network 5 Authorized Service Workshops 17 Lead Authorized Service Centres 205 Authorized Service Centres A combination of 227 locations serve the 29 states of India. Supported by a customer care call centre service.
Slide 18: Exports
Exports Canada* Poland* USA* China* Nepal Bhutan KSA* Thailand* Mexico* Pakistan Bangladesh Philippines Vietnam* * Malaysia* Sri Lanka Singapore* Indonesia* * Via group company
Slide 19: Financial Performance
Financial Performance TIMEXGROUP
Slide 20: Performance Highlights
Performance Highlights • Revenue increased by 6% during the quarter and by 15% during the year over last year. • EBIDTA decreased by 28% during the quarter but increased by 2% during the year over last year • PBT decreased by 30% during the quarter but increased by 11% during the year over last year
Slide 21: Financial Performance – Total Income
Financial Performance – Total Income 6000 Growth: 6% 5831 5514 5500 Rs. in lakh 5000 4500 Q4'2018 Q4'2019
Slide 22: Financial Performance – EBIDTA
Financial Performance – EBIDTA 900 16.0% 857 EBIDTA EBIDTA 15.5% % 800 14.0% Rs. in lakh 700 Rs. in lakh 620 12.0% 600 10.6% 500 10.0% Q4'2018 Q4'2019
Slide 23: Annual Financial Performance: Revenue
Annual Financial Performance: Revenue 26000 CAGR: 14% 24190 24000 22000 21015 19995 20000 Rs. in lakh 18000 17338 16000 14243 14000 12000 10000 2014-15 2015-16 2016-17 2017-18 2018-19
Slide 24: Annual Financial Performance: EBITDA
Annual Financial Performance: EBITDA 1500 1129 1153 1000 500 Rs. in lakh 105 0 2014-15 2015-16 2016-17 2017-18 2018-19 -292 -500 -792 -1000
Slide 25: Annual Financial Performance: EBITDA %
Annual Financial Performance: EBITDA % 6.0% 5.4% 4.8% 4.0% 2.0% 0.5% 0.0% 2014-15 2015-16 2016-17 2017-18 2018-19 -2.0% -1.7% -4.0% -5.6% -6.0%
Slide 26: Annual Financial Performance: PBT
Annual Financial Performance: PBT 1000 835 752 500 0 2014-15 2015-16 2016-17 2017-18 2018-19 Rs. in lakh -500 -381 -1000 -927 -1098 -1500
Slide 27: Shareholding Pattern
Shareholding Pattern 31-Dec-15 31-Mar-16 30-Jun-16 30-Sep-16 31-Dec-16 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 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% 74.93% Institutional Investors 0.03% 0
Slide 28: Market Capitalization
Market Capitalization 5 year CAGR: 38% 60000 50778 51989 50000 43560 Timex Share Price vs Sensex 40000 60 39000 30000 30184 57 38000 20000 19181 54 37000 51 10000 10226 36000 48 0 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 45 35000 1-Jan-19 22-Jan-19 12-Feb-19 5-Mar-19 26-Mar-19 Market Capitali
Slide 29: Thank you
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