TickerSutra

NSE: TIMEX · BSE: 500414 · ISIN INE064A01026

Timex Group India Limited stock analysis

Timex Group India Limited ranks #400 in the TickerSutra evidence-ranked universe with a score of 65/100 and 95% data confidence. The latest captured fundamentals show ROCE of 82.8%, quarterly sales growth of 29.6% and quarterly profit growth of 70.5%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE65/100

Watchlist candidate

#400 of 5,430 ranked equities
Market capitalisation₹6,137.21cr
ROCE82.8%
Quarterly sales growth29.6%
Quarterly profit growth70.5%
P/E ratio68.8×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • ROCE is 82.8%
  • 27.8% three-year sales CAGR
  • Institutional ownership is rising
  • No promoter shares are reported as pledged

Risks and constraints

  • Debt/equity is above 0.5×
  • Valuation is above 40× earnings

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹264cr₹8cr₹3cr3.1%
2023₹383cr₹38cr₹47cr10.0%
2024₹419cr₹32cr₹21cr8.0%
2025₹538cr₹48cr₹31cr9.0%
2026₹799cr₹114cr₹75cr14.0%
TTM₹849cr₹128cr₹86cr15.0%
Debt / equity0.95×
CFO / EBITDA0.80×
Operating margin15.0%
Free cash flow₹89cr
Sales CAGR · 3Y27.8%
Profit CAGR · 3Y16.9%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts3 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Regulatory updatesModerate severity · 12 mentions
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The Company does not engage in child labour, forced or compulsory labour. Negative Workplace incidents related to employee’s health and safety can result into the cost of high litigation, plants shutdown, survivor benefits and fines from the regulators. Human Rights R Changing regulations around human rights pose as a challenge The Company puts in substantial efforts to ensure that no human right violations are ensur

Regulatory approvalLow severity · 3 mentions
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We have detailed MOU signed for both e-waste, solid waste management and used oil with the identified treatment value-chain player. All the necessary and legal authorisations required for the processing facilities have been taken and approved by concerned governmental agencies. The recycling and disposal of e-waste help us to ensure the protection of the environment from hazardous consequences.

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

DIRECTOR & BUSINESS NETWORK

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