Timex Group India Limited

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

1988 | Delhi (India) | Active
Last Updated:

Timex Group India Profile

Key Indicators

  • Authorised Capital ₹ 170.00 Cr
  • Paid Up Capital ₹ 97.81 Cr
  • Company Age 36 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.00 Cr
  • 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 five months. Its registered office is in 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 2024. It's a company limited by shares with an authorized capital of Rs 170.00 Cr and a paid-up capital of Rs 97.81 Cr.

The company currently has active open charges totaling ₹16.00 Cr.

The Key Managerial Personnel (KMP) at Timex Group India Limited India are Dhiraj Maggo as COMPANY SECRETARY and Amit Jain as Cfo. Dhanashree Bhat, Marco Zambianchi, David Payne, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • 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

    04 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • 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 Director04-Jun-2022Current
Dhiraj Maggo Country flag representing In Company Secretary30-Mar-2016Current
Amit Jain Country flag representing In CFO02-Mar-2015Current

Board Members (5)

NameDesignationAppointment DateStatus
Sanjeev Kumar Country flag representing In Director 01-Feb-2024Current
Meeta Makhan Country flag representing In Director 01-Feb-2024Current
Dhanashree Bhat Country flag representing In Director 01-Feb-2024Current
Marco Zambianchi Country flag representing Us Director 01-Feb-2024Current
David Payne Country flag representing Us Director 20-Apr-2018Current

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%.

Timex Group India revenue growth over time
Timex Group India 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)

Open Charges

₹16.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 16.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jun 2024Others₹16.00 CrOpen

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.

Employee growth trends for Timex Group India Limited

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

  • Annual General Meeting

    Timex Group India Limited last Annual general meeting of members was held on 04 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 16.00 Cr registered on 03 Jun 2024 with Charge ID 100928465 was modified on 30 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 16.00 Cr with Charge ID 100928465 was registered on 03 Jun 2024.

  • Balance Sheet

    Timex Group India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Director Appointment

    Dhanashree Ajit Bhat was appointed as a Director was appointed as a Director on 01 Feb 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Marco Zambianchi was appointed as a Director was appointed as a Director on 01 Feb 2024 & has been associated with this company since 1 year 1 month .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Timex Group India Limited?

    Timex Group India Limited was incorporated on 04 Oct 1988.

  • What is authorized share capital and paid-up capital of Timex Group India Limited?

    The authorized share capital of Timex Group India Limited is ₹ 170.00 Cr and paid-up capital is ₹ 97.81 Cr.

  • Who are the current board members & directors of Timex Group India Limited?

    Currently 8 directors are associated with Timex Group India Limited.

    • Dhiraj Kumar Maggo
    • Amit Jain
    • Dhanashree Ajit Bhat
    • Marco Zambianchi
    • David Thomas Payne
    • Sanjeev Kumar
    • Deepak Chhabra
    • Meeta Makhan

  • What is the registered address of Timex Group India Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Timex Group India Limited is E-10 Lower Ground Floor, Lajpat Nagar-Iii - India, New Delhi, 110024.

  • What is the corporate identification number (CIN) and company number of Timex Group India Limited?

    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).

  • Is Timex Group India Limited registered with any stock exchange in India?

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

  • What is the official website of Timex Group India Limited?

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

  • What has been the recent revenue trend for Timex Group India Limited?

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

  • How many employees does Timex Group India Limited currently have?

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

  • What change has been observed in the net worth of Timex Group India Limited, and by what percentage?

    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%.

  • What are the total open charges for Timex Group India Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Timex Group India Limited amount to ₹ 16.00 Cr.

  • When was the last Balance Sheet of Timex Group India Limited filed with the ROC?

    The most recent Balance Sheet for Timex Group India Limited was filed with the ROC on 31 Mar 2024.

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