Timex Group India Limited · BSE:TIMEX
Timex Group India — Q1 FY2025 Earnings Presentation
44 slides from Timex Group India's earnings presentation, Jul 31, 2024
Slide 1: Waste More Time – Ananya Panday
01:02:08 1 hour, 2 minutes and 8 seconds wasted balancing work with play y me” 2. eames p———4 TIMEX Waste More Time ANANYA PANDAY
Slide 2: Timex Group India Limited Investor Presentation
Timex Group India Limited Investor Presentation July 31, 2024 2
Slide 3: 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 4: Business Update
Business Update Improvement in financials over previous year • Brand Ambassador for Timex, Ananya Panday, starred in the third campaign of Waste More Time gathering significant media attention • Timex continued its association with IPL through sponsorship of the Punjab Kings XI team • The Company la
Slide 5: Q1'FY25 Highlights
Q1’FY25 Highlights TIMEXGROUP
Slide 6: Waste More Time – with Brand Ambassador Ananya Panday
Waste More Time – with Brand Ambassador Ananya Panday Waste More Time campaign continued through the quarter with a brand new creative and story 6
Slide 7: Timex x The James Brand
Timex x The James Brand Designed and Engineered for the Modern Explorer With travel and adventure top of mind, we designed this watch from scratch, and we’re darn proud of where we’ve landed. The James Brand × Timex GMT is water resistant to 200 meters and the automatic Miyota GMT movement allows yo
Slide 8: Launch of iConnect by Timex – iConnect Calling +
Launch of iConnect by Timex – iConnect Calling + 8
Slide 9: Q1 FY25 Highlights
Q1 FY25 Highlights Timex Group brands as seen in luxury, fashion, and travel publications 9
Slide 10: Q1 FY25 Highlights
Q1 FY25 Highlights Guess watches celebrated showcase events across the country with its 40th anniversary as a highlight 10
Slide 11: Financial Performance Q1'FY25
Financial Performance Q1’FY25 11
Slide 12: TGIL Financial Performance Q1 2024-25
TGIL Financial Performance Q1 2024-25 Improvement in financial performance over last year • Total Income has grown by 2% during the quarter as compared to last year same quarter. • EBITDA is at Rs. 476 lacs during the quarter as compared to Rs. 769 lacs during last year same quarter. • Profit before
Slide 13: TGIL Financial Performance – Quarter ended 30th Jun 2024
TGIL Financial Performance – Quarter ended 30th Jun 2024 Total Income - Quarter EBITDA 11000 900 10.0% 10919 800 EBITDA EBITDA % 9.0% 700 7.2% 8.0% 7.0% 10800 600 Rs. in lakhs 6.0% Rs. in lakhs 500 10666 4.4% 5.0% 400 4.0% 10600 300 3.0% 200 2.0% 100 1.0% 769 476 10400 0 0.0% Q1 Q1 Q1 Q1 23-24 24-25
Slide 14: TGIL Financial Performance – Total Income Trend
TGIL Financial Performance – Total Income Trend Total Income 45000 42168 40000 38378 35000 30000 26554 25229 Rs. in lakhs 25000 20000 14211 15000 10000 5000 0 2019-20 2020-21 2021-22 2022-23 2023-24 Company’s operations and financial results for FY21 and FY22 were adversely impacted by Covid-19 due
Slide 15: TGIL Financial Performance – EBITDA Trend
TGIL Financial Performance – EBITDA Trend EBITDA 4500 4000 3859 3517 3500 3000 2500 Rs. in lakhs 2000 1500 1000 869 500 397 0 2019-20 2020-21 2021-22 2022-23 2023-24 -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 16: TGIL Financial Performance – EBITDA % Trend
TGIL Financial Performance – EBITDA % Trend EBITDA % 12.0% 10.1% 10.0% 8.3% 8.0% 6.0% 3.3% 4.0% 1.6% 2.0% 0.0% 2019-20 2020-21 2021-22 2022-23 2023-24 -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
Slide 17: Financial Performance – Profit Before Tax Trend
Financial Performance – Profit Before Tax Trend PBT 3500 2967 3000 2776 2500 2000 Rs. in lakhs 1500 1000 500 322 0 2019-20 2020-21 2021-22 2022-23 2023-24 -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 no
Slide 18: Shareholding Pattern
Shareholding Pattern Shareholding Pattern 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 30-Sep-23 31-Dec-23 31-Mar-24 30-Jun-24 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 0.03% 0.03% 0
Slide 19: Market Capitalization
Market Capitalization Market Capitalization Timex Share Price vs. BSE Small Cap 6-year CAGR: 23% 165 53000 160 1,60,000 1,58,794 1,51,930 51500 1,40,000 155 50000 1,20,000 150 48500 1,00,000 145 80,000 71,523 47000 140 60,000 43,156 42,853 37,755 135 45500 40,000 21,805 20,000 130 44000 Jun-18 Jun-1
Slide 20: About Timex Group
TIMEXGROUP About Timex Group 20
Slide 21: An Introduction to the Most Consumer-focused Watch & Jewelry Maker in the World
1 An Introduction to the Most Consumer-focused Watch & Jewelry Maker in the World ESTABLISHED 1854 21
Slide 22: Timex Group brands
TIMEX VERSACE GUESS FERRAGAMO MISSONI PHILIPP PLEIN whe TED BAKER Ge sautica PLEINSPORT FURLA TIMEXGROUP 22
Slide 23: America's oldest watchmaker
3 We are America’s oldest watchmaker. In 1854, as the Waterbury Clock Company, we combined traditional European watchmaking with American industrial ingenuity to disrupt a 300 year-old industry and make quality attainable for millions. For generations, we’ve brought consumer focus, innovative crafts
Slide 24: Our Experience and Market Behavior Differentiate us From our Competitors
4 Our Experience and Market Behavior Differentiate us From our Competitors in Partnering with Top Global Brands Selective Brand Portfolio Private ownership with long-term view serving high-quality and selective brand portfolio Dedicated Teams Dedicated brand marketing and product teams create unique
Slide 25: Our Unique Capabilities Set us Apart
5 Our Unique Capabilities Set us Apart in Crafting Beautiful Accessories and Bringing Them to the World Best-in-Class Design Brand Management & Storytelling Powerful Distribution Network Superior Quality & Agile Supply Chain 25
Slide 26: Courage is the Catalyst that Transforms an Ordinary Creation
6 Courage is the Catalyst that Transforms an Ordinary Creation into an Extraordinary Masterpiece. –Giorgio Galli, Chief Creative Director For over 20 years, Giorgio Galli has been one of the most dynamic watch designers in the industry, his name synonymous with innovation, originality and imaginatio
Slide 27: Design Fuses Consumer Expectations with the Brand DNA
7 Design Fuses Consumer Expectations with the Brand DNA Immersed in brand DNA and connected to consumer expectations, the design team focuses on individuality and relevance to bring brands to life. Every piece tells a story, written to excite consumers and take them on a journey. The perfect accesso
Slide 28: Our Unique Capabilities Set us Apart
8 Our Unique Capabilities Set us Apart in Crafting Beautiful Accessories and Bringing Them to the World Best-in-Class Design Brand Management & Storytelling Powerful Distribution Network Superior Quality & Agile Supply Chain 28
Slide 29: We Engage Consumers Worldwide with Compelling Marketing Stories
We Engage Consumers Worldwide with Compelling Marketing Stories We believe every accessory is a tangible icon of a brand’s story. We fully integrate marketing across the globe and across channels to bring brands to life. Accessories give consumers the opportunity to make the brand part of their stor
Slide 30: The Art and Science of Marketing
0 The Art and Science of Marketing Fuses Consumer Experience, Storytelling and Performance Marketing POS Execution Newsroom & Social Media Digital & Performance Marketing Drive global brand consistency and visibility with Enrich content and product stories for superior Amplify storytelling through d
Slide 31: Our Unique Capabilities Set us Apart
1 Our Unique Capabilities Set us Apart in Crafting Beautiful Accessories and Bringing Them to the World Best-in-Class Design Brand Management & Storytelling Powerful Distribution Network Superior Quality & Agile Supply Chain 31
Slide 32: Our Comprehensive Network of Brand Distribution
Our Comprehensive Network of Brand Distribution Provides Global Reach and Localization 5 Regional Hubs 9 Global Affiliates 120+ Global Distributors 22,000+ Points of Sale 32
Slide 33: Unparalleled Partnerships and Access to the Right Distribution
We have Unparalleled Partnerships and Access to the Right Distribution in Each Market • Our own affiliates provide portfolio leverage and control in critical markets • We utilizes more than one distributor in many markets to ensure account access is matched to brand positioning • Our Distributors ha
Slide 34: Our Unique Capabilities Set us Apart
4 Our Unique Capabilities Set us Apart in Crafting Beautiful Accessories and Bringing Them to the World Best-in-Class Design Brand Management & Storytelling Powerful Distribution Network Superior Quality & Agile Supply Chain 34
Slide 35: 170 Years of Experience and a Modern Global Supply Chain
5 Middlebury, USA Timex Group HQ Besancon, France Movement Production India Manufacturing Cebu, Philippines We Have 170 Years of Experience Manufacturing and a Modern Global Supply Chain Pforzheim, Germany Each product starts with an idea and raw materials. Research and Development From movement R&D
Slide 36: Agile Supply Chain around Unique Brands and Changing Consumers
6 We’ve Built our Agile Supply Chain around Unique Brands and Changing Consumers Rapid Design and Planning Increases Speed to We’ve Optimized Manufacturing Lead Times, Reimagined Inventory and Lines Provide Market without Sacrifice and Minimum Quantiles ‘Never Out of Stock’ Fast Replenishment Our ro
Slide 37: Timex Group Atelier is at the Center of Swiss Production Excellence
7 Timex Group Atelier is at the Center of Swiss Production Excellence In the heart watchmaking, Ticino, Switzerland, Timex Group Atelier creates our most precious timepieces. Forty watchmakers and support staff combine traditional Swiss craftsmanship with modern innovation to bring the unquestioned
Slide 38: About Timex Group India Limited
About Timex Group India Limited 38
Slide 39: 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 40: TGIL Board of Directors
TGIL Board of Directors David Thomas Payne | Chairman Meeta Makhan | Independent Director Experience: 24+ years Experience: 25+ years Qualification: B. Sc. (Computer Science) - University Qualification: BA in Economics from Delhi University, MBA from of Alabama & a Juris doctorate from Washington &
Slide 41: Brand Portfolio
Brand Portfolio One of the strongest portfolios in the watch industry across consumer segments 41
Slide 42: 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 Retail Luxury Retail 5757 357 320 47 147 42
Slide 43: 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 movements and a wide array of cases / dia
Slide 44: TGIL After Sales Service
TGIL After Sales Service Pan India locations supported by a Customer Care Call Centre service 5 12 153 44