Timex Group India Limited · BSE:TIMEX
Timex Group India — Q3 FY2019-20 Earnings Presentation
24 slides from Timex Group India's earnings presentation, January 2020
Slide 1: THE Q TIMEX
THE Q TIMEX The soul of 1979, the heart of today.
Slide 2: Timex Group India Limited Investor Presentation Q3 FY 2019-20
Timex Group India Limited Investor Presentation Q3’FY 2019-20 2
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 future business prospects and business profitability, which are subject to a number of to publicly update our forward-looki
Slide 4: About Timex Group
About Timex Group 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 dist
Slide 5: Timex Group
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 China Lu
Slide 6: About TGIL
About TGIL Timex Group India Limited (TGIL) is a group company of Timex Group B.V. Netherlands *. 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 the tre
Slide 7: 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 8: Retail Network
TGIL Retail Network A wide network of sales doors enables TGIL to reach consumers at over 7000 touch points MBO Large Format Defence Timex World Luxury Retail Doors Stores Canteens Showrooms Doors 5960 313 1379 50 47 8
Slide 9: 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 10: Manufacturing
TGIL 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. Currently handling over 50 types of watch – movements. Finish
Slide 11: 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 11
Slide 12: Exports
TGIL Exports Increasing Global Reach Canada* USA* China* Nepal Bangladesh Mexico* KSA* Pakistan Thailand* Philippines* Vietnam* Sri Lanka Singapore* Indonesia* Fiji Mauritius * Via group company 12
Slide 13: In the Media: Timex Q 1979 Reissue
In the Media Timex Q 1979 Reissue With multiple sold-out runs and tens of thousands of people signed up for restock alert emails, the Timex Q is a run-away global hit. First released in 1979, our original diver-inspired Q Timex gave a new generation a modern Timex® watch with quartz technology. A tr
Slide 14: In the Media: iConnect by Timex
In the Media iConnect by Timex iConnect by Timex was awarded the 2019 Lifestyle Smartwatch of the Year award at the Jagran Hitech Awards 2019 on November 30, 2019. The event was organized by Jagran’s digital wing, and was attended by the giants of the mobile and mobility industry. Along with Timex,
Slide 15: Financial Performance
Financial Performance Q3’FY 2019-20 15
Slide 16: Financial Performance Q3 FY 2019-20
TGIL Financial Performance Q3’FY 2019-20 Improvement in Retail positively impacted performance Revenue grew by 12% during the quarter and grew by 10% during nine months over last year. EBIDTA grew by 242% during the quarter and grew by 56% during nine months over last year. PBT grew by 183% during t
Slide 17: Financial Performance – Current Quarter and Year to Date
TGIL Financial Performance – Current Quarter and Year to Date Growth: 12% Growth: 10% Total Income 20500 Total Income 20116 7000 6972 19500 Rs. in lakhs Rs. in lakhs 6228 6000 18500 18359 5000 17500 Q3 Q3 9M 9M 18-19 19-20 2018-19 2019-20 8.0% 850 EBIDTA 832 5.0% 450 6.5% 750 EBIDTA EBIDTA % 6.0% 4.
Slide 18: Annual Financial Performance: Total Income
TGIL Annual Financial Performance Total Income CAGR 14% 26000 24190 24000 22000 21015 19995 20000 Rs. in lakhs 18000 17338 16000 14243 14000 12000 10000 2014-15 2015-16 2016-17 2017-18 2018-19 Note: GST Implemented from July 1, 2017 therefore revenue numbers are not strictly comparable to past. 18
Slide 19: Annual Financial Performance: EBIDTA
TGIL Annual Financial Performance EBIDTA 1500 1129 1153 1000 500 Rs. in lakhs 105 0 2014-15 2015-16 2016-17 2017-18 2018-19 -292 -500 -792 -1000 19
Slide 20: Annual Financial Performance: EBIDTA %
TGIL Annual Financial Performance EBIDTA % 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% 20
Slide 21: Annual Financial Performance: PBT
TGIL Annual Financial Performance PBT 1000 835 752 500 Rs. in lakhs 0 2014-15 2015-16 2016-17 2017-18 2018-19 -500 -381 -1000 -927 -1098 -1500 21
Slide 22: Shareholding Pattern
TGIL Shareholding Pattern 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 30-Jun-19 30-Sep-19 31-Dec-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% Institutional Investors 0.03% 0.11% 0.19% 0
Slide 23: Market Capitalization
TGIL Market Capitalization 6 year CAGR: 20% Timex Share Price vs BSE Small Cap 13900 60,000 55,977 39 50,525 50,000 45,175 13500 40,000 37,503 36 32,809 30,000 13100 20,000 33 12,720 10,000 11,135 - 30 12700 Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19 1-Oct-19 22-Oct-19 12-Nov-19 3-Dec-19 24-De
Slide 24: Thank you
Thank you 24
Timex Group India — Q3 FY2019-20 Earnings Presentation on 6ix