When time is good, even looking at the clock feels nice — but what if the clockmaker’s own time turns golden? That’s exactly what happened in the market when Timex Group India Ltd shares hit the 5% upper circuit. The reason was solid — the company released its Q1 FY26 results, showing a 505% year-on-year jump in net profit. Let’s find out what’s driving this incredible rally in Timex stock.
Timex Q1 Results Leave Investors Amazed
Timex Group India Ltd delivered outstanding Q1 numbers that instantly boosted investor confidence. The company’s total revenue surged 55% year-on-year, reaching ₹169 crore compared to ₹109 crore in the same quarter last year (Q1 FY25).
On a quarter-on-quarter basis, revenue jumped 25%, up from ₹135 crore in Q4 FY25 to ₹169 crore in Q1 FY26.
The real game-changer, however, was the net profit, which soared 505% YoY to ₹14.7 crore, compared to ₹2.43 crore last year. On a sequential basis, profit rose 59% from ₹9.24 crore in Q4 FY25.
Timex Q1 Results Summary (in ₹ Crore)
| Parameter | Q1 FY25 | Q4 FY25 | Q1 FY26 | YoY Growth | QoQ Growth |
|---|---|---|---|---|---|
| Revenue | 109 | 135 | 169 | +55% | +25% |
| Net Profit | 2.43 | 9.24 | 14.7 | +505% | +59% |
Strong Balance Sheet and Impressive Returns
Apart from stellar earnings, Timex Group India Ltd also impressed investors with a strong balance sheet. The company’s Debt-to-Equity ratio is just 0.15, indicating very low debt pressure.
Its Return on Equity (ROE) stands at an impressive 105%, while Return on Capital Employed (ROCE) is around 20.46%, showing that the company is efficiently utilizing its capital and generating high profitability.
What Does Timex Do?
Founded in 1988, Timex Group India Ltd is part of the globally renowned Timex Group. The company is engaged in the manufacturing and trading of watches, along with providing IT support and after-sales services to its group entities.
Timex India’s brand portfolio includes iconic international names like Timex, Guess, Versace, Nautica, Adidas Originals, and United Colors of Benetton (UCB). Additionally, it acts as an Original Design Manufacturer (ODM) for fashion brands such as Wrogn, Van Heusen, and Allen Solly.
Stock Hits Upper Circuit
Following the Q1 results, Timex shares surged 5%, reaching ₹222 on Wednesday, compared to the previous close of ₹211.45. The company’s market capitalization now stands close to ₹2,241 crore.
Conclusion
Overall, Timex Group India Ltd has delivered a stellar Q1 performance, winning back investor trust with its strong financial growth and expanding brand portfolio. With rising profits, minimal debt, and growing demand for premium watches, it looks like Timex’s good time is here to stay — and may just keep ticking for long.
