Quarterly Result26 May 2026, 11:11 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 FY26, a 48% increase YoY. EBITDA stood at ₹116 Cr, a 134% jump from the previous year, with EBITDA margin scaling to 14.5%. The Board approved audited financial results for FY26 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 YoY.
- EBITDA for FY26 stood at ₹116 Cr, a 134% increase YoY, with a margin of 14.5%.
- Board approved audited financial results for FY26 and dividend on preference shares.
- Grant Thornton Bharat LLP re-appointed as Internal Auditors for FY27.
- Company scaled revenue from ₹265 crore to ₹800 crore over FY22-FY26, a 32% CAGR.
Price Impact
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