Timex Group India: A Transformative Journey to Sustained Growth

Timex Group India Ltd (TGIL), a prominent Indian watchmaker within the globally recognized Timex Group, has announced impressive financial results for FY25-26, underscoring a critical phase in its business transformation.

The company witnessed a substantial revenue increase from INR 265 crore to INR 800 crore, representing a robust CAGR of 32% over FY22-FY26. This growth, fueled by brand momentum, portfolio premiumisation, and channel efficiencies, marks FY25-26 as a milestone year in TGIL's trajectory. The EBITDA margin soared to 14.5%, with EBITDA itself experiencing a significant surge to INR 116 crore from INR 49.7 crore last year.

Commenting on this success, Mr. Deepak Chhabra, Managing Director, Timex Group India, outlined the company's focus on innovation, design-led consumer engagement, and strategic brand expansion to sustain this growth momentum and enhance Timex's footprint within India's evolving watch market.

(With inputs from agencies.)