Timex India Q1 FY27: PAT Soars 70.60% to ₹25 Cr

Timex Group India Limited reported a significant financial uplift in Q1 FY2027, with net profit surging 70.60% year-on-year to ₹25.02 crores for the quarter ended June 2026. Revenues also climbed 29.57% YoY, reaching ₹218.90 crores, reflecting strong operational momentum.

Key Q1 FY27 Financials

• Net Profit: ₹25.02 crores (up 70.60% YoY)
• Revenues: ₹218.90 crores (up 29.57% YoY)
• Operating Profit: ₹35.23 crores
• Operating Margin: 16.09%
• PAT Margin: 11.43%

The company’s stock delivered exceptional returns, gaining 146.04% over the past year. This performance significantly outpaced the Sensex, which saw a 4.70% decline during the same period, underscoring strong investor confidence.

Efficiency and Valuation Metrics

• Return on Equity (ROE): 106.10% (latest half-year)
• Return on Capital Employed (ROCE): 132.83% (latest half-year)
• Trailing Twelve-Month P/E Ratio: 71x
• PEG Ratio: 0.47x

Despite trading at a high trailing twelve-month P/E ratio of 71x, the PEG ratio of 0.47x suggests a reasonable valuation relative to its high earnings growth rates. Timex Group also maintains a robust balance sheet, characterised by minimal long-term debt and a negative net debt-to-equity ratio, positioning it as a net cash company.

Market Position and Shareholding

• Sector Performance (Gems, Jewellery, Watches): -12.50% (past year)
• Timex 5-Year Sales Growth: 41.48% annually
• Timex 5-Year EBIT Growth: 77.31% annually

The company’s shareholding pattern indicates stable promoter commitment at 51.00%. Institutional participation has gradually increased, with FII holdings rising to 2.50% and DII holdings surging to 1.30%, alongside the absence of promoter pledging.

Timex Group has consistently delivered substantial returns, including 249.68% over three years and an extraordinary 1016.97% over five years. The company holds a Mojo score of 71/100, reflecting a ‘BUY’ rating and acknowledging its exceptional capital efficiency and consistent growth trajectory.