Timex Group India Limited · BSE:TIMEX
Timex Group India — Q4 FY2020-21 Earnings Presentation
35 slides from Timex Group India's earnings presentation, Jun 30, 2021
Slide 1: Timex Group India Limited Investor Presentation Q4 FY2020-21
Timex Group India Limited Investor Presentation Q4 FY2020-21 30 June 2021
Slide 2: TIMEXGROUP
TIMEXGROUP
Slide 3: Disclaimer
Disclaimer This presentation may contain certain forward looking statements concerning Timex’s Past performance may not be indicative of future performance. We do not undertake to future business prospects and business profitability, which are subject to a number of risks publicly update our forward
Slide 4: Business Update
Business Update A highly volatile and challenging year with unprecedented situations caused by COVID-19 pandemic. FY2020-21 was a highly volatile and challenging year. Covid-19 impacted human lives across socio-economic strata and political borders. Operational challenges arising out of lockdowns an
Slide 5: Highlights Q4 FY2020-21
HIGHLIGHTS Q4 FY2020-21
Slide 6: Benetton India inks licensing agreement with Timex to launch watches
United Colors of Benetton. New Brand License Benetton India inks licensing agreement with Timex to launch watches Timex Group India has joined hands with Benetton, one of the most popular fashion brands in the world, to introduce an exclusive line of watches in the Indian market. This one-of-a-kind
Slide 7: We Don't Stop Campaign
We Don’t Stop Campaign This timeless message is even more relevant today WE DON’T STOP is the shared value or grit and resilience between Timex and our consumers. It’s about pride and determination. It’s authentic and bold. It’s real people– diverse in culture, style and action–demonstrating passion
Slide 8: We Don't Stop Campaign
We Don’t Stop Campaign This timeless message is even more relevant today The world is evolving and shaping around us, and we celebrate stories of grit, resiliency and perseverance. Together we will challenge the status quo and inspire others to keep moving forward. The We Don’t Stop film came to lif
Slide 9: We Don't Stop Campaign
We Don’t Stop Campaign This timeless message is even more relevant today 9
Slide 10: Celebrating Love – Valentine's Day 2021
Celebrating Love – Valentine’s Day 2021 Kicked off the year with Valentine’s Day launch with SWITCH-IT-UP, a collection of interchangeable strap watches, and moved into the launch of the Timex Q Colour Series, and other popular Timex collections. 10
Slide 11: Growing Wearable Segment
Growing Wearable Segment TIMEXGROUP 11
Slide 12: TIMEX FIT: SpO2 & Temperature Smartwatch Launch
TIMEX FIT: SpO2 & Temperature Smartwatch Launch TGIL continued the impetus on smart wearables with the launch of its first SpO2 and Temperature enabled Smartwatch, TIMEX FIT. Loaded with features and styled to move from the gym to the boardroom to the party floor, the Timex FIT smartwatch creates a
Slide 13: HELIX SMART: First Smartwatch
HELIX SMART: First Smartwatch Catering to changing consumer tastes, TGIL launched a youth smartwatch, HELIX SMART. Designed for the youth, the Helix SMART collection has sleek stylish body with colorful straps and boasts of multiple features and modes. 13
Slide 14: Financial Performance Q4 FY2020-21
Financial Performance Q4 FY2020-21 14
Slide 15: TGIL Financial Performance
TGIL Financial Performance Improvement in financial performance during the quarter over last year but performance remains impacted due to the ongoing pandemic. Revenue has de-grown by 1% during the quarter as compared to 23% during last quarter. During financial year revenue has de-grown by 44% over
Slide 16: TGIL Financial Performance – Current Quarter
TGIL Financial Performance – Current Quarter Total Income - Quarter De-growth (1%) 600 15.0% EBIDTA 10.1% 400 EBIDTA % Total Income 10.0% 7000 515 200 6000 5.0% 5147 5120 Rs. in lakhs 5000 0 Rs. in lakhs 4000 Q4 Q4 0.0% 19-20 20-21 3000 -200 -435 2000 -8.5% -5.0% 1000 -400 0 Q4 Q4 -600 -10.0% 19-20
Slide 17: TGIL Financial Performance – Financial year ended 31st March 2021
TGIL Financial Performance – Financial year ended 31st March 2021 Total Income De-growth (44%) 500 1.6% 2.0% EBIDTA Total Income 400 EBIDTA % 1.5% 30000 300 1.0% 25229 Rs. in lakhs 25000 200 397 0.5% Rs. in lakhs 20000 100 0.0% 15000 14211 0 -0.5% 2019 2020 10000 -100 -1.0% -238 -200 -1.7% -1.5% 500
Slide 18: TGIL Annual Financial Performance: Total Income
TGIL Annual Financial Performance: Total Income Total Income 26000 25229 24190 24000 22000 21015 19995 Rs. in lakhs 20000 18000 16000 14211 14000 12000 2016-17 2017-18 2018-19 2019-20 2020-21 Company's operations and financial results for the financial year ended March 31, 2021, have been adversely
Slide 19: TGIL Annual Financial Performance: EBIDTA
TGIL Annual Financial Performance: EBIDTA EBIDTA 1400 1200 1129 1153 1000 Rs. in lakhs 800 600 397 400 200 105 0 2016-17 2017-18 2018-19 2019-20 2020-21 -200 -238 -400 Company's operations and financial results for the financial year ended March 31, 2021, have been adversely impacted by the outbreak
Slide 20: TGIL Annual Financial Performance: EBIDTA %
TGIL Annual Financial Performance: EBIDTA % 6.0% 4.8% 5.4% 4.0% 2.0% 1.6% 0.5% 0.0% 2016-17 2017-18 2018-19 2019-20 2020-21 -1.7% -2.0% -4.0% -6.0% Company's operations and financial results for the financial year ended March 31, 2021, have been adversely impacted by the outbreak of COVID-19 pandemi
Slide 21: TGIL Annual Financial Performance: PBT
TGIL Annual Financial Performance: PBT 835 800 752 600 400 200 Rs. in lakhs 0 2016-17 2017-18 2018-19 2019-20 2020-21 -200 -180 -400 -381 -600 -800 -811 -1000 Company's operations and financial results for the financial year ended March 31, 2021, have been adversely impacted by the outbreak of COVID
Slide 22: TGIL Shareholding Pattern
TGIL Shareholding Pattern 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 31-Mar-21 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 0.13% 0.13% 0.04% 0
Slide 23: TGIL Market Capitalization
TGIL Market Capitalization 6 year CAGR: Timex Share Price vs BSE Small Cap 6% 35 22000 33 60,000 21000 50,778 51,989 50,000 43,560 31 40,000 20000 30,184 27,660 29 30,000 19,181 20,000 19000 27 17,616 10,000 - 25 18000 Jan-15 Jan-16 Jan-17 Jan-18 Jan-19 Jan-20 Jan-21 01-Jan-21 21-Jan-21 10-Feb-21 02
Slide 24: About Us
About Us 24
Slide 25: 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 167 YEARS OF EXPERIENCE 11+ GLOBAL BRANDS 2.7B WATCHES SOLD 120 DISTRIBUTORS 3,000 GLOBAL EMPLOYEES 25
Slide 26: Our Unique Capabilities Set Us Apart in Crafting Watches
Our Unique Capabilities Set Us Apart in Crafting Watches and Bringing Them to the World STRONG POWERFUL SUPERIOR BEST-IN-CLASS BRAND DISTRIBUTION WATCHMAKING DESIGN PORTFOLIO NETWORK & SUPPLY CHAIN 26
Slide 27: 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 desi
Slide 28: TGIL 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 29: Design Credentials
Design Credentials BEST-IN-CLASS DESIGN A very reserved and elemental design that is an Design Fuses Consumer Expectations with the Brand DNA entirely low-key path for what amounts to a bold Based in Milan and lead by Giorgio Galli, whose name is synonymous with move from 165-year-old brand. innovat
Slide 30: Brand Portfolio
Brand Portfolio One of the strongest portfolios in the watch industry across consumer segments TGIL Brand Portfolio Additional Global Brands 30
Slide 31: Powerful Distribution Network
Powerful Distribution Network Nearly 8000 sales touchpoints that enable TGIL to reach consumers across the country Multi-Brand Large Format Defence Doors Stores Canteens 6145 330 1395 Timex World Luxury Retail E-Commerce Showrooms Doors Partners 49 47 5 31
Slide 32: Supply Chain: We are a True Global Watchmaker
Supply Chain: We are a True Global Watchmaker, with the Owned Capabilities to Create and Assemble Every Component of a Watch Middlebury, USA Besancon, France Pforzheim, Germany Lugano, Switzerland Baddi, India Cebu, Philippines HQ & Watchmaking Movement Production Research and Development Watchmakin
Slide 33: Baddi Plant: Superior Watchmaking & Supply Chain
Baddi Plant: Superior Watchmaking & Supply Chain A state of the art SA 8000: 2014 and OHSAS: 18001:2018 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 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 34
Slide 35: TIMEXGROUP
TIMEXGROUP
Timex Group India — Q4 FY2020-21 Earnings Presentation on 6ix