Timex Group Share Price

Timex Group India Limited (Timex Group India) is a leading watchmaking and lifestyle accessories company in India, primarily engaged in the design, manufacture, and marketing of timepieces and jewelry. The company supplies an extensive range of products including analog and digital watches for men, women, and children, smartwatches, fitness trackers, and licensed fashion accessories. Timex Group India share price on the BSE reflects how market participants respond to the company’s operational performance and broader developments in the consumer durables sector. It captures investor sentiment based on financial results, brand expansion, festive season demand, and trends specific to the watch and accessories industry. Movements in the share price reveal how the market evaluates the company’s current position and its future prospects in India’s evolving consumer goods landscape.

Market sentiment around the Timex Group India stock price often mirrors shifts in consumer spending patterns, demand from urban and semi-urban households, and investor views on the organized retail sector’s growth prospects. Factors such as the pace of store expansion, competitive intensity from other watch brands, raw material price fluctuations, and government policies on consumer spending influence near-term market valuation and medium-term earnings forecasts. All these factors must be closely monitored to have an idea about the Timex Group India stock price movements.

Timex Group India live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant monitoring of Timex Group India live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market.

Furthermore, monitoring the Timex Group India share price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook.

Timex Group India Limited Company Fundamentals

a. Company Background

Timex Group India Limited was incorporated in 1988. The company’s registered office is located in Noida, Uttar Pradesh. The company was incorporated on October 4, 1988 and received the certificate of commencement of business on January 5, 1989. It was promoted by Titan Watches (a Tata group company) and Timex Corporation, US, to manufacture 2.5 million watches at Noida, UP, at a cost of Rs 825 million. The company entered India in 1988 as a joint venture with Jayna Times Industries Ltd until 1990. In 1990, the company entered into a joint venture with Titan which ended in 2000. The company got listed in 1994. Timex Group India’s primary activity involves the design, manufacture, and marketing of timepieces and jewelry. It initially focused on building a strong foothold in the analog watch market before gradually expanding into smartwatches, fitness trackers, and licensed fashion accessories. The company has one of the most powerful portfolios of brands in the watch industry, including Timex, Helix, Guess, Gc, Versace, Salvatore Ferragamo, Nautica, Ted Baker, Furla, Adidas Originals, Philipp Plein, Plein Sports, UCB, and TMX. Over the years, Timex Group India has significantly expanded its product portfolio and retail footprint. It operates in a competitive environment, with pricing and distribution governed by market forces and consumer preferences. The company has consistently focused on enhancing its product quality and design capabilities to meet the growing demand for watches and accessories in India. Timex Group India currently employs 323 people.

b. Product Lines

• Analog watches for men, women, and children under the Timex brand, including iconic collections such as Q Timex, Marlin, Waterbury, Expedition, Weekender, and Easy Reader

• Licensed fashion brand watches including Guess, Gc, Versace, Salvatore Ferragamo, Nautica, Ted Baker, Furla, Adidas Originals, Philipp Plein, Plein Sports, and UCB

• Smartwatches including the iConnect Alpha series, Fit 2.0, Helix Smart 2.0, Smart Halo, and other connected smartwatch models with fitness tracking features

• Helix brand watches offering value-oriented timepieces across multiple collections

• TMX brand watches for the mass market segment

• Fitness trackers and activity bands including the Timex Blink fitness band and Helix Gusto range

• Special collections including Atelier (elevated collection by Giorgio Galli), Aston Martin watch collection (43 models across Timeless and Icon families), Wednesday collaboration, and MM6, Monopoly, The James Brand collaborations

• Eco-conscious timepieces under the Good Time, Better Choices initiative including Expedition North Freedive Ocean watch and Heritage Collection Ocean-Plastic watch

• Expedition collection featuring rugged outdoor watches including Tide-Temp-Compass and Expedition Ridge solar updates

• Deepwater collection of diver’s watches including Deepwater Meridian 200

• Fria and Vector collections

• UNO x ONLY collaborative collection

• After-sales services including watch repair, servicing, and warranty support

c. Company Revenue Model

• Primary revenue from manufacturing and trading of watches under owned and licensed brands across multiple price segments from entry-level to luxury

• Volume-driven revenue based on quantity of watches sold across various sales channels including trade distribution, e-commerce, luxury retail, and OEM partnerships

• Pricing determined by raw material costs, brand positioning, product design, and market demand

• Revenue from trade channel encompassing distribution, dealers, showrooms, and key accounts, which remained the largest contributor to revenue

• Revenue from e-commerce channel which has grown remarkably, with the e-commerce channel leading the charge with a growth of 88 per cent in Q2FY25 compared to the previous year’s same quarter

• Revenue from OEM (Original Equipment Manufacturer) segment, which surged 251% in FY25

• Revenue from defence business which doubled compared to last year in FY25

• Revenue from luxury segment which recorded double-digit growth of 11% in FY25

• Revenue from both domestic Indian market and international exports

• Expanding retail presence with plans to deepen retail footprint, aiming for 300 stores across India

• Revenue from omni-channel approach including quick commerce partnerships with Swiggy Instamart for Timex and TMX collections

• Revenue from franchisee operated exclusive brand outlets and modern trade chain stores

• Seasonal variations in consumer demand during festive periods and wedding seasons affecting revenue patterns throughout the year

• Consumer spending patterns and economic cycles influencing revenue stability

d. Geographic Presence

• Headquartered in Noida, Uttar Pradesh with registered office at Unit No 303, 3rd Floor, Tower B World Trade Tower (WTT), Noida – 201301

• Manufacturing facility at Baddi, Himachal Pradesh, operational since 2007, spread across 10 acres, serving as a cornerstone of precision, scale, and innovation in watchmaking

• Strong domestic market presence across India with more than 300 retail touchpoints and a wide network of distributors, dealers, franchisee operated exclusive brand outlets, and modern trade chain stores

• Wide distribution network especially in Tier-II, III and IV cities, committed to serving the growing middle class with value offerings in the ₹3,000-₹4,000 range

• International presence through the global Timex Group network

• Focus on expanding into new geographical areas through retail footprint expansion and franchisee model

• Operations primarily concentrated in northern India with manufacturing based in Himachal Pradesh and retail presence across the country

e. Key Milestones

• 1854: Timex brand founded in Waterbury, Connecticut, USA, becoming America’s oldest watchmaker

• 1988: Incorporated as Timex Group India Limited on October 4, 1988

• 1988: Company entered India as a joint venture with Jayna Times Industries Ltd

• 1990: Entered into joint venture with Titan which ended in 2000

• 1994: Company got listed on stock exchanges

• 2007: Timex factory opened in Baddi, Himachal Pradesh

• 2025: Revenue from operations reached an all-time high of Rs. 53,982 lakhs in FY2024-25, reflecting a growth of 28%, while profit before tax rose 54% to Rs. 4,277 lakhs

• 2025: Timex Group India reported its highest-ever quarterly results for Q2 FY26 with profit after tax rising 70% year-on-year to Rs. 30.2 crore

f. Industry Perspective

Timex Group India Limited operates in the watch and accessories industry, which is part of India’s consumer durables sector. Globally, the watch market continues to expand with the Asia-Pacific region being the fastest-growing market. In India, the watch sector is poised for substantial growth. According to industry reports, India’s Watch Market was valued at US$ 3.2 billion in 2024 and is expected to reach US$ 5.13 billion by 2033, growing at a CAGR of 5.28% from 2025-2033. The overall watches market is projected to grow from US$ 4.25 billion in 2025 to US$ 10.2 billion by 2033 (5.1% CAGR). The Indian watch market is valued at USD 3.87 billion, driven by a combination of factors such as increasing disposable income and rising demand for premium and smartwatches. The growth momentum continued in 2024 with a growth rate of 17.99% compared to the previous year. Smartwatches are the fastest-growing segment, led by aggressive pricing and tech-savvy consumers. The Indian watch industry is rising 25% year-on-year, and India is expected to become a top 20 destination for Swiss watches. Demand is driven by increasing disposable incomes, growing urbanization, rising demand for premium and smartwatches, and the expansion of organized retail. The growth in disposable incomes and a growing consumer base in urban areas are key demand drivers. Key challenges include intense competition from domestic and international brands, raw material price volatility, and the presence of a large unorganized market.

Timex Group India Limited Stock Market Presence: Listings & Index Representation

Timex Group India is actively traded on India’s principal equity markets, with its shares listed on the Bombay Stock Exchange (BSE) under the scrip code 500414. The company is not currently listed on the National Stock Exchange (NSE). Its listing on the BSE ensures that the Timex Group India price is accessible to a wide investor base, encompassing both retail and institutional market participants. The company was listed in 1994. The company forms part of several benchmark indices that represent broad market segments. Timex Group India is included in BSE SmallCap and BSE Consumer Durables indices. Being represented in indices enhances the visibility and liquidity of the Timex Group India price, as index tracking funds and exchange traded strategies often adjust allocations in line with constituent revisions. It also allows investors to benchmark the company’s stock performance relative to broader market trends and peer groups, facilitating cross sectional comparisons within India’s consumer durables landscape. The inclusion of Timex Group India in these indices reflects its market capitalisation and trading depth, which are key factors market participants consider when evaluating long term investment prospects and the responsiveness of the Timex Group India price to corporate and industry developments. The company’s ISIN code is INE064A01026 and face value is ₹1 per share.

Timex Group India Limited Stock Performance and Share Price History

The Timex Group India price has exhibited significant volatility over the past decade, shaped by the company’s transformation from a joint venture with Titan to a diversified watch portfolio company and broader consumer durables industry cycles. The Timex Group India price recorded a total return of approximately 28.29% over the last 3 years, demonstrating positive long-term wealth creation. The Timex Group India share price reached a 52-week high of ₹421.00 and a 52-week low of ₹146.90, indicating a wide trading range and substantial price fluctuations. The Timex Group India share price recorded a strong rally in 2024-2025, delivering a substantial positive annual return, while the subsequent period has seen the Timex Group India price moderate and correct from its peak levels. The Timex Group India share price has shown a 1-month return of approximately -16.9% and a 3-month return of -16.7% as of April 2026, indicating recent consolidation.

The Timex Group India price has been particularly responsive to quarterly earnings releases and corporate announcements. When the company reported a 40% year-on-year increase in revenue for Q2 FY26 with profit after tax rising 70%, the Timex Group India price showed a positive reaction. The Timex Group India price has shown a pattern of strong positive momentum in periods when the company’s brand expansion and product launches exceeded expectations, while periods of earnings moderation or concerns over raw material costs have contributed to consolidation in the Timex Group India price. Corporate developments, including strategic announcements such as the launch of the Aston Martin watch collection, the introduction of the iConnect Alpha smartwatch series, the expansion of the retail footprint to 300 stores, and the entry into quick commerce with Swiggy Instamart, have also influenced short-term fluctuations in the Timex Group India price. The Timex Group India share price has shown a 1-year return of approximately 82.17% according to some sources, reflecting strong growth over the last year. The Timex Group India share price has shown a 10-year aggregate net profit that has improved significantly in recent years, reflecting the company’s turnaround and growth strategy. The Timex Group India share price reached its 52-week high of ₹421.00 before declining to its 52-week low of ₹146.90, reflecting the volatility inherent in the consumer durables space. The Timex Group India share price has shown a year-to-date return of approximately -11.11% as of April 2026, indicating pressure in the current fiscal year. Comprehending these patterns in the Timex Group India price is instrumental for investors seeking to contextualise long term performance trends vis à vis short term price dynamics, as the Timex Group India stock price movements illustrate how industry fundamentals, raw material price cycles, and investor expectations converge in market pricing.

The Timex Group India share price has shown distinct seasonal patterns over the past decade. The best performing year historically was 2024-2025 with strong positive returns, while the worst year was earlier periods with significant declines. Historically, the stock has shown positive annual returns in recent years following the company’s strategic turnaround. In terms of annual performance, the Timex Group India share price has delivered a 1-year return of 66.91% as per Barron’s data, a 3-year return of 28.29% as per Value Research Online, and a 5-year return that has been positive. The Timex Group India share price has demonstrated that the stock tends to perform better in periods of strong consumer sentiment and supportive festive demand, while underperforming during phases of economic slowdown and intense competition. The Timex Group India stock price has shown a 3-year total return of 28.29%, indicating substantial wealth creation over this period. The Timex Group India stock price has shown a 5-year total return that has been positive, reflecting the company’s successful turnaround strategy. The Timex Group India stock price has shown a 10-year total return that has been volatile, with the stock delivering a 10-year CAGR that has improved in recent years. The Timex Group India stock price continues to trade at a significant discount from its 52-week high of ₹421.00, standing at around ₹280-290 levels as of April 2026.

Timex Group India Limited Investor Relevance and Role in Portfolio

Timex Group India holds a significant position for portfolio investors who seek exposure to India’s consumer durables sector with a focus on watches and accessories. The company’s presence as one of India’s leading watchmakers with a powerful portfolio of owned and licensed brands aligns it with investment strategies that value brand strength, organized retail growth, and the shift from unbranded to branded products. The Timex Group India share price often mirrors how these themes resonate with investor portfolios, whereby both thematic and sector specific funds monitor festive demand, brand launches, and distribution network growth when evaluating allocation decisions.

Institutional stakeholders play a moderate role in Timex Group India’s ownership profile. As of December 2025, Promoters hold 51.00% of the company. Mutual funds hold 0.01% of the company, with 6 mutual fund schemes holding the stock. Foreign Institutional Investors (FIIs) hold 2.02% of the company, with the number of FII/FPI investors increasing from 36 to 39 in Dec 2025 quarter. Domestic Institutional Investors (DIIs) hold 0.49% of the company. Institutional investors as a whole hold 2.51% of the company as of December 2025. Retail and other shareholders hold approximately 46.49% of the company. Key institutional holders include Motilal Oswal Bse 1000 Index Fund holding 49 shares. These investors represent a blend of domestic and limited international perspectives that contribute to the stock’s market liquidity and visibility within broader investment frameworks.

Based on data, Timex Group India exhibits varying levels of beta and volatility across different measurement periods. Based on data, the long-term beta stands at approximately -0.43 according to Livemint, indicating that the stock is generally less volatile than the broader market and shows negative correlation over an extended period. Based on data, the 1-year beta is 1.18 according to Economic Times, showing higher-than-market sensitivity in medium-term trading. Based on data, the beta is 1.08 according to Aaj Tak, while Simply Wall St reports a beta of 0.074, reflecting different measurement periods and methodologies. Based on data, the daily-one month beta shows varying correlation, while the daily-three month beta indicates moderate sensitivity. Based on data, the weekly-one year beta shows moderate correlation. Based on data, the weekly-two year beta shows low correlation, and the 2 week-two year range beta is also low. Based on data, the monthly-two year beta continues to show moderate correlation. Supporting statistics include mean values across different periods and standard deviations indicating moderate variability. The weekly volatility stands at approximately 7%, which has been stable over the past year but is higher than 75% of Indian stocks. The average daily volatility is 4.90% for the last week. Overall, the Timex Group India price demonstrates a moderate-to-high volatility profile with beta values suggesting the stock tends to move with varying sensitivity to broader market direction over different time frames.

The Timex Group India share price has shown periods of heightened responsiveness to sector-specific news and quarterly earnings releases. The Timex Group India stock price’s beta reflects that the company’s established brand portfolio and extensive distribution network may provide some stability, though the consumer durables sector remains sensitive to economic cycles and raw material price fluctuations.

Timex Group India Limited Sectoral Relevance and Peer Positioning

The sector relevance of Timex Group India is anchored in its role within the broader Indian watches and accessories industry, where it competes with other watch manufacturers and lifestyle brands. As part of this industry, the company’s strategic positioning connects analog watches, smartwatches, and licensed fashion accessories to consumers across India. Competitors in the watches and accessories segment include companies such as Titan Company Limited, KDDL Limited (Ethos), Gitanjali Gems Limited, and other domestic and international players. Firms with parallels in either product range or brand portfolio are often referenced when evaluating relative performance and operational positioning within the sector.

In valuation terms, factors like the Timex Group India P/E ratio have shown variations over different periods. The current P/E ratio stands at approximately 49.2-59.04 across different sources, while the industry P/E stands at approximately 57.11. The mean historical P/E Ratio over the last five years has fluctuated significantly. Periods when investors perceived improvements in profitability or earnings sustainability have corresponded with expansion in valuation multiples, whereas phases of moderation in earnings momentum or industry cyclicality have seen valuation contraction.

Similarly, Timex Group India EPS has shown variation according to how operational performance aligns with industry demand cycles and cost structures. Structural gains from brand portfolio expansion and distribution network growth supported directional improvement in earnings per share during favourable conditions, while cyclical headwinds from raw material price volatility and competitive pressures have moderated EPS momentum. Timex Group India earnings have shown a trajectory that responded to both volume growth and margin pressures over the analysed period. The diluted EPS has shown consistent growth, with TTM EPS of ₹5.18 and annual EPS of ₹2.62 in FY2024-25. Over a ten-year period, the company demonstrated significant improvement in EPS following its strategic turnaround, with the company delivering good profit growth of 81.1% CAGR over the last 5 years.

Timex Group India market cap has fluctuated in line with investor perceptions of the company’s growth potential in a competitive and evolving watches market. Over years, the Timex Group India market cap has followed a pattern of growth followed by moderation. The market cap increased from approximately ₹2,623 crore in recent periods to ₹2,828-2,914 crore as of April 2026. This fluctuation mirrors the trend in the Timex Group India share price and the broader performance of the consumer durables sector relative to broader market indices.

Timex Group India earnings over the past several years have been characterised by a period of strong growth. Total revenue increased from ₹42,168 lakhs in FY2023-24 to ₹53,982 lakhs in FY2024-25, reflecting a growth of 28%. Profit after tax increased from ₹2,084 lakhs in FY2023-24 to ₹3,142 lakhs in FY2024-25, marking an increase of 54% compared to the previous year. For the trailing twelve months (TTM) as of April 2026, revenue stood at ₹699 crore with net profit of ₹31.4 crore. For the quarter ended December 2025, net sales were ₹150.78 crore, up 25.71% year-on-year, with net profit of ₹3.20 crore, up 64.95% year-on-year. The company’s EBITDA margin improved to 9.23% in FY2024-25. The company has delivered good profit growth of 81.1% CAGR over the last 5 years.

Timex Group India EPS has shown variation over the past decade. The diluted EPS stood at ₹2.62 in FY2024-25, while TTM EPS stood at ₹5.18 as per Barron’s data. The EPS growth rate has shown significant variation, with the company delivering a growth rate of 54% in profit before tax in FY2024-25. According to quarterly data, EPS was ₹0.19 in December 2025.

The Timex Group India P/E ratio has shown fluctuations over the available period. At the end of recent fiscal years, the P/E ratio varied, with current levels at 49.2-59.04x across different sources, while the industry P/E stands at approximately 57.11x. The mean historical P/E ratio over the last five years has been in the range of 30-60x. The current P/E ratio compared to the historical average reflects that investor expectations are adjusting to near-term earnings momentum. The Timex Group India share price has been influenced by these valuation metrics. The Timex Group India stock price continues to be evaluated in the context of its earnings potential and market position.

Summary

Timex Group India Limited is a leading watch manufacturer listed on the BSE, where the Timex Group India share price reflects consumer demand trends, brand portfolio expansion, and festive season performance within the consumer durables sector. Its representation on stock exchanges supports market visibility, while investor interest is shaped by earnings trends, valuation narratives, and broader watch and accessories industry themes. Within the sector, the company’s competitive context and earnings dynamics provide key perspectives on its role in India’s watches and accessories market.