Timex Group India Limited · BSE:TIMEX
Timex Group India — Q1 FY2024 Earnings Presentation
30 slides from Timex Group India's earnings presentation, Aug 9, 2023
Slide 1: Timex Group India Limited Investor Presentation
Timex Group India Limited Investor Presentation August 9, 2023 1
Slide 2: 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 publicly business prospects and business profitability, which are subject to a number of risks and update our for
Slide 3: Business Update
Business Update Improvement in financials over previous year • The Company’s market capitalization stood at Rs. 1724.73 Cr as on August 9, 2023. • For the first time, the Company entered the Top 1000 Listed Companies on the BSE Ltd. as on March 31, 2023. • Timex became the official timekeeper of the
Slide 4: Q1'FY24 Highlights
QU’FY24 Highlights TIMEXGROUP
Slide 5: Timex x Gujarat Titans
Timex x Gujarat Titans Campaign Glimpses Timex Group India joined hands with defending champions of the Tata Indian Premier League, the Gujarat Titans. Prominent Timex branding was seen on the team uniforms in the Tata IPL 2023 matches. Three new sports watches that boast the aesthetics of the Gujar
Slide 6: Timex x Gujarat Titans
Timex x Gujarat Titans Campaign Glimpses The TVC features Wriddhiman Saha, Rahul Tewatia, and Shubman Gill. In this new advertisement, both Saha and Tewatia are playing a video game, while Gill passionately focuses on practicing batting skills. The scene ends with Rahul saying, “Aaj time waste kareg
Slide 7: Timex x Gujarat Titans
Timex x Gujarat Titans Campaign Glimpses 7
Slide 8: Timex x Gujarat Titans Reach / Impact
Timex x Gujarat Titans Reach / Impact Reach/Impact Media Impact In Value (INR) TV + Print (Apr/May) Value across Timex Paid Media + Timex 635 M (339 M + over 296 M GT Reach) Brand Impressions across GT Media TV (Non-GT) + Print Reach 187 M (120+67) Total Media GT Media Timex Media Impact Value Impac
Slide 9: Financial Performance Q1'FY24
Financial Performance Q1’FY24 9
Slide 10: TGIL Financial Performance Q1 2023-24
TGIL Financial Performance Q1 2023-24 • Total Income has grown by 13% during the quarter as compared to the same quarter last year. • EBITDA is at Rs. 769 lakhs during the quarter as compared to Rs. 1368 lakhs during the same quarter last year. • Profit before tax is at Rs. 567 lakhs during the quar
Slide 11: TGIL Financial Performance – Quarter Ended 30th June 2023
TGIL Financial Performance – Quarter Ended 30th June 2023 Income EBITDA Growth: 13% 1600 16.0% 11000 EBITDA 10666 1400 14.0% 14.5% EBITDA % 1200 12.0% 10000 1000 10.0% Rs. in lakhs Rs. in lakhs 9453 800 8.0% 1368 600 7.2% 6.0% 9000 400 769 4.0% 200 2.0% 8000 0 0.0% Q1 Q1 Q1 Q1 22-23 23-24 22-23 23-2
Slide 12: TGIL Financial Performance – Total Income Trend
TGIL Financial Performance – Total Income Trend Income 45000 40000 38378 35000 30000 26554 24190 25229 Rs. in lakhs 25000 20000 15000 14211 10000 5000 0 2018-19 2019-20 2020-21 2021-22 2022-23 Company’s operations and financial results for FY21 and FY22 were adversely impacted by Covid-19 due to whi
Slide 13: TGIL Financial Performance – EBITDA Trend
TGIL Financial Performance – EBITDA Trend EBITDA 4500 4000 3859 3500 3000 2500 Rs. in lakhs 2000 1500 1153 1000 869 500 397 0 2018-19 2019-20 2020-21 2021-22 2022-23 -500 -238 Company’s operations and financial results for FY21 and FY22 were adversely impacted by Covid-19 due to which results are no
Slide 14: TGIL Financial Performance – EBITDA % Trend
TGIL Financial Performance – EBITDA % Trend EBITDA 12.0% 10.1% 10.0% 8.0% 6.0% 4.8% 4.0% 3.3% 2.0% 1.6% 0.0% 2018-19 2019-20 2020-21 2021-22 2022-23 -2.0% -1.7% -4.0% -6.0% Company’s operations and financial results for FY21 and FY22 were adversely impacted by Covid-19 due to which results are not s
Slide 15: Financial Performance – Profit Before Tax Trend
Financial Performance – Profit Before Tax Trend PBT 3500 2967 3000 2500 2000 Rs. in lakhs 1500 1000 835 500 322 0 2018-19 2019-20 2020-21 2021-22 2022-23 -500 -180 -1000 -811 Company’s operations and financial results for FY21 and FY22 were adversely impacted by Covid-19 due to which results are not
Slide 16: Shareholding Pattern
Shareholding Pattern Shareholding Pattern 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 31-Dec-22 31-Mar-23 30-Jun-23 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 0.0
Slide 17: Market Capitalization
Market Capitalization Market Capitalization Timex Share Price vs. BSE Small Cap 6-year CAGR: 25% 1,60,000 1,58,794 180 33000 170 32000 1,30,000 160 31000 1,00,000 150 30000 70,000 140 29000 71,523 42,853 43,156 37,755 42,349 40,000 130 28000 21,805 120 27000 10,000 03-Apr-23 17-Apr-23 01-May-23 15-M
Slide 18: An introduction to the most consumer-focused watchmaker in the world
An introduction to the most consumer-focused watchmaker in the world ESTABLISHED 1854 18
Slide 19: We are America's Oldest Watchmaker, Established in 1854
We are America’s Oldest Watchmaker, Established in 1854 in Waterbury, Connecticut We are America’s Oldest Watchmaker, Established in 1854 in Waterbury, Connecticut We design, manufacture and distribute products to consumers around the world 170 Years Of Experience | 15 Brands | Over 2 Billion Watche
Slide 20: Legacy, Craftsmanship, Design, Fairness
TIMEXGROUP Legacy Craftsmanship Design Fairness 20
Slide 21: Takes a Licking, Keeps on Ticking
Takes a Licking, Keeps on Ticking fy the 1960s, cur watches ware: inerpaneive,nandeome and ir wath old asa Tex Our = Made for Badass Women favorite televied torture ets, proved our supetony, of our Timex Marin” ‘er ahal century inthe fire half the 20th Cen symbol fan independent weren weliberted the
Slide 22: The World's Most Popular Watch
The World's Most Popular Watch Precision Quartz Timekeeping Another Bright Idea gin TIMEXGROUP 22
Slide 23: Smart Before it was Cool
Smart Before it was Cool ceria for spare ight by NASA. igtal veto ace TIMEXGROUP You Asked, We Listened Wie are proud ef our reputation asthe perp watchmaker, ou nnaratons and cesigns start with wnat ta price you cn fr, he weed automatic rmovernents wer $250. Watchmaking Back inthe USA us he ou very
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: TGIL Board of Directors
TGIL Board of Directors David Thomas Payne | Chairman Pradeep Mukerjee | Independent Director Experience: 23+ 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 * * * Global brand, not yet launched by TGIL 26
Slide 27: Powerful Distribution Network
Powerful Distribution Network A strong network of sales touchpoints that enable TGIL to reach consumers across the country Multi Brand Large Format Defence Canteen Timex World Luxury Retail Showroom 5615 318 430 29 103 27
Slide 28: Supply Chain: We are a True Global Watchmaker
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, SA8000: 2014 and ISO 45001:2018 certified, watch assembly unit in Baddi, Himachal Pradesh, India Assembly of watches from piece parts to complete watch. Currently handling over 150 types of watch – movements. Includes assembly of m
Slide 30: TGIL After Sales Service
TGIL After Sales Service Pan India locations supported by a Customer Care Call Centre service 5 12 149 30