What drove the revenue growth in the March quarter?

The March quarter saw a 73% revenue increase, led by a 158% surge in e-commerce sales and a 52% rise in trade channel sales.

How did profitability change over the year?

Net profit more than doubled to ₹75.4 crore. Operating margins climbed to 14.5% from 9.2% in the previous year.

What is the status of the preference share arrears?

The board has recommended paying out accumulated arrears on cumulative preference shares, which total ₹14 crore.

What was the EBITDA performance for the year?

EBITDA jumped 134% to ₹116 crore, reflecting the company's focus on premium products.

Earnings · Consumer Discretionary · Small cap

Timex Group India revenue jumps 48% as premium watches sell

Annual revenue hit ₹800 crore while net profit more than doubled to ₹75.4 crore. The board is clearing ₹14 crore in preference share arrears.

— 2 earlier stories on Timex Group India Ltd. →

TIMEX 26 May 2026 · 10:58 PM IST Verify on BSE · NSE

Mkt cap₹3,776 cr

P/E65.86×

ROE37.40%

Debt / eq.0.40

₹75.4 cr Net profit for FY24, more than double the previous year.

What's new

Annual revenue rose 48% to ₹800 crore.
Operating margins grew to 14.5% from 9.2%.
Board recommended paying ₹14 crore in accumulated preference share arrears.

Why this matters

The shift toward luxury watch segments is delivering higher margins. Clearing long-standing dividend arrears signals a cleaner balance sheet and confidence in cash flow.

What we're watching

Sustainability of the 158% e-commerce growth rate.
Impact of the preference share payout on liquidity.
Whether the 14.5% margin level holds in the coming quarters.

The full read

Timex Group India finished the year with ₹800 crore in revenue, a 48% increase that confirms the success of its premium watch strategy. Profitability followed, with net profit more than doubling to ₹75.4 crore and operating margins widening to 14.5% from 9.2%. The March quarter was strong, with revenue climbing 73% to ₹236 crore on the back of a 158% surge in e-commerce sales and a 52% gain in trade channels. The board moved to clean up the balance sheet by recommending the payment of ₹14 crore in accumulated arrears on cumulative preference shares. This resolves a long-standing dividend obligation. With EBITDA up 134% to ₹116 crore, the company is capturing more value from its luxury and fashion watch portfolio. The next test is whether these margins hold as the company scales its digital presence.

Questions answered

What drove the revenue growth in the March quarter?: The March quarter saw a 73% revenue increase, led by a 158% surge in e-commerce sales and a 52% rise in trade channel sales.
How did profitability change over the year?: Net profit more than doubled to ₹75.4 crore. Operating margins climbed to 14.5% from 9.2% in the previous year.
What is the status of the preference share arrears?: The board has recommended paying out accumulated arrears on cumulative preference shares, which total ₹14 crore.
What was the EBITDA performance for the year?: EBITDA jumped 134% to ₹116 crore, reflecting the company's focus on premium products.

Mentioned: Timex Group India · ₹800 cr annual revenue · ₹14 cr preference share arrears

Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

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26 May 2026 · 10:58 PM IST Timex Group India revenue jumps 48% as premium watches sell
today Timex Group India revenue hits ₹800 crore as margins widen to 14.5%
today Timex Group India revenue hits ₹800 cr as margins widen to 14.5%