StockWatch
·
Gems- Jewellery And Watches
Quarterly Result26 May 2026, 11:01 pm

Timex Group India: FY26 Revenue at ₹800 Cr, Up 48% YoY

AI Summary

Timex Group India Ltd (TGIL) reported a revenue of ₹800 Cr for FY25-26, a 48% increase YoY. EBITDA stood at ₹116 Cr, a 134% jump YoY, with margins scaling to 14.5%. Profit Before Tax (PBT) was ₹107.4 crores, a 151% increase. The Board approved audited financial results for the year ended March 31, 2026, and recommended dividends on preference shares, subject to shareholder approval at the AGM. M/s Grant Thornton Bharat LLP was re-appointed as the Internal Auditors for FY 2026-27.

Key Highlights

  • Timex Group India's FY26 revenue reached ₹800 Cr, a 48% increase year-over-year.
  • EBITDA for FY26 stood at ₹116 Cr, with a margin of 14.5%.
  • The Board recommended dividends on preference shares, pending shareholder approval.
  • Grant Thornton Bharat LLP re-appointed as Internal Auditors for FY 2026-27.
  • Audited financial results for FY26 were approved by the Board.