Timex Group India Limited

Designs, manufactures, and markets timepieces and jewelry under various global brands.

1988 | South Delhi, Delhi (India) | Active
Last Updated: July 08, 2024

Timex Group India Profile

Key Indicators

  • Authorised Capital ₹ 170.00 Cr
  • Paid Up Capital ₹ 86.20 Cr
  • Company Age 36 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 44.53%
  • Profit Growth 1344.72%
  • Ebitda 402.76%
  • Net Worth 288.70%
  • Total Assets 49.02%

About Timex Group India

Timex Group India Limited (TGIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 October 1988 and has a history of 36 years and four months. Its registered office is in South Delhi, Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500414.

The Corporate was formerly known as Timex Watches Limited. The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 170.00 Cr and a paid-up capital of Rs 86.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Timex Group India Limited India are Amit Jain as CFO and Dhiraj Maggo as Company Secretary. Gagan Singh, Bijou Kurien, Deepak Chhabra, and Six other members serve as directors at the Company.

Company Details

  • Location

    South Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    timexindia.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    L33301DL1988PLC033434

  • Company No.

    033434

  • Stock Symbol

    BSE : 500414

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Oct 1988

  • Date of AGM

    23 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Consumer Goods

What products or services does Timex Group India Limited offer?

Timex Group India Limited offers a wide range of products and services, including Clocks and Watches, Wrist Watch, Stainless Steel Watch, Men Wrist Watches, Ladies Watch, Ladies Fashion Watches, Timex Watches, Unisex Watches, Kids Watches, Men Fashion Watches.

Who are the key members and board of directors at Timex Group India?

Executive Team (3)

NameDesignationAppointment DateStatus
Deepak Chhabra Country flag representing In Managing Director28-Mar-2022Current
Amit Jain Country flag representing In CFO02-Mar-2015Current
Dhiraj Maggo Country flag representing In Company Secretary30-Mar-2016Current

Board Members (8)

NameDesignationAppointment DateStatus
Sanjeev Kumar Country flag representing In Director 29-Feb-2024Current
Pradeep Mukerjee Country flag representing In Director 30-Jul-2009Current
Meeta Makhan Country flag representing In Director 29-Feb-2024Current
Gagan Singh Country flag representing In Director 31-Jan-2007Current
Bijou Kurien Country flag representing In Director 29-Jul-2011Current
David Payne Country flag representing Us Director 12-May-2016Current

Financial Performance of Timex Group India.

Timex Group India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.53% increase. The company also saw a substantial improvement in profitability, with a 1344.72% increase in profit. The company's net worth Soared by an impressive increase of 288.7%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
44.53%
Revenue from Operations
44.99%
Total Assets
49.02%
Profit or Loss
1344.72%
Net Worth
288.70%
EBITDA
402.76%

What is the Ownership and Shareholding Structure of Timex Group India?

In 2023, Timex Group India had a promoter holding of 74.93% and a public holding of 25.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Timex Group India?

Timex Group India has a workforce of 346 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Timex Group India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Timex Group India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Timex Group India

Recent activity within the organization

  • Director Appointment

    Sanjeev Kumar was appointed as a Director was appointed as a Director on 29 Feb 2024 & has been associated with this company since 11 months 23 days .

    29 Feb 2024

  • Director Appointment

    Meeta Makhan was appointed as a Director was appointed as a Director on 29 Feb 2024 & has been associated with this company since 11 months 23 days .

    29 Feb 2024

  • Director Appointment

    Marco Zambianchi was appointed as a Director was appointed as a Director on 29 Feb 2024 & has been associated with this company since 11 months 23 days .

    29 Feb 2024

  • Director Appointment

    Dhanashree Ajit Bhat was appointed as a Director was appointed as a Director on 29 Feb 2024 & has been associated with this company since 11 months 23 days .

    29 Feb 2024

  • Annual General Meeting

    Timex Group India Limited last Annual general meeting of members was held on 23 Aug 2023 as per latest MCA records.

    23 Aug 2023

  • Balance Sheet

    Timex Group India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

Frequently asked questions

  • Timex Group India Limited was incorporated on 04 Oct 1988.

  • The authorized share capital of Timex Group India Limited is ₹ 170.00 Cr and paid-up capital is ₹ 86.20 Cr.

  • Currently 11 directors are associated with Timex Group India Limited.

    • Gagan Makar Singh
    • Bijou Kurien
    • Deepak Chhabra
    • Pradeep Mukerjee
    • Sanjeev Kumar
    • Meeta Makhan
    • David Thomas Payne
    • Marco Zambianchi
    • Dhanashree Ajit Bhat
    • Amit Jain
    • Dhiraj Kumar Maggo
  • As per Ministry of Corporate Affairs (Mca), the registered address of Timex Group India Limited is E-10 Lower Ground Floor Lajpat Nagar-Iii, New Delhi-110024, India.

  • The corporate identification number (CIN) of Timex Group India Limited is L33301DL1988PLC033434 and the company number is 033434 as per Ministry of Corporate Affairs (MCA).

  • Yes, Timex Group India Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Timex Group India Limited is https://www.timexindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Timex Group India Limited has risen by 44.53%.

  • As Per 2023 financial reports, 346 employees are currently employed by Timex Group India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Timex Group India Limited has experienced an upsurge of 288.70%.

  • The most recent Balance Sheet for Timex Group India Limited was filed with the ROC on 31 Mar 2023.

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