Fortune MNC 500 India 2026 edition
Rank#420- Total income
- ₹567 Cr
- Profit
- ₹31 Cr
Last year #429
Timex Group India Limited - consumer goods in New Delhi, Delhi, India. FY 2026 financials & compliance.
Active Listed - NSE: TIMEX · BSE: 500414 Public Limited Company consumer goods Fortune MNC 500 · #420
Market Cap
₹6,392 Cr
TIMEX · NSE
Share Price
₹594.45
-6.12% today
Revenue
₹799 Cr
FY 2025-26 · +48.4% YoY
EBITDA
₹109 Cr
Margin 13.6%
Net Profit
₹79.29 Cr
FY 2025-26 · +152.0% YoY
P/E (TTM)
74.5x
P/B 88.2x
ROE
150.0%
ROCE 70.0%
Debt / Equity
0.07
Interest cover 5.3x
About Timex Group India Limited
Data last updated:
Timex Group India Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Timex Group Luxury Watches B.V.. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 04 October 1988 and has been in existence for over 38 years.
Timex Group India is ranked #420 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L33301DL1988PLC033434. Its GSTIN is 07AAACT0773C1ZP (Delhi). The company holds 23 GST registrations, of which 10 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500414 and NSE: TIMEX.
The company has an authorised share capital of ₹170 Cr and a paid-up capital of ₹74.91 Cr. It was formerly known as Timex Watches Limited. It is led by directors including Deepak Chhabra (Managing Director) and David Thomas Payne.
Its last annual general meeting (AGM) was held on 21 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at E – 10 Lower Ground Floor Lajpat Nagar – III New Delhi – 110024, Delhi, India – 110024.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹798.59 Cr, a growth of 48.4% compared to the previous year. For the same year it recorded a net profit of ₹79.29 Cr (net margin 9.9%) and EBITDA of ₹108.92 Cr (EBITDA margin 13.6%). The net worth stands at ₹140.77 Cr (up 24.2% YoY). Total assets are valued at ₹168.19 Cr (up 20.8% YoY).
The company has about 346 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16 Cr on record. Court records list 194 cases involving the company, including 131 filed by the company and 63 filed against it; 30 cases are pending. The company has 8 deals on record (7 market trades, 1 funding round), with disclosed funding of ₹1.25 Cr; the latest was in December 2025. Its 8 peer companies in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 3 larger and 5 smaller; the largest is Anja Jewels Private Limited with revenue of ₹560.15 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website timexindia.com.
Company details
CIN L33301DL1988PLC033434
Registration Number 033434
Incorporation Date 04 October 1988
ROC Delhi
Listing Status Listed - Listed on NSE (TIMEX); Listed on BSE (500414)
Company Status Active
Date of Last AGM 21 August 2025
Date of Balance Sheet 31 March 2026
Parent Company Timex Group Luxury Watches B.V.
Compliance Status Active Compliant
Recognitions & Rankings of Timex Group India
Contact details
Timex Group India Limited's registered office is in New Delhi, Delhi. Its website is timexindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressE – 10 Lower Ground Floor Lajpat Nagar – III New Delhi – 110024, Delhi, India – 110024
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Timex Group India Limited, buy the company report.
Comprehensive company report
Timex Group India Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activities of Timex Group India are manufacturing, trade and support service to organizations. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities, wholesale trading and other support services to organizations. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Timex Group India Limited, buy the company report.
Financials of Timex Group India Limited
FY 2025-26 filings availableTimex Group India Limited reported revenue of ₹798.59 Cr (up 48.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹799 Cr
+48.4% YoY
EBITDA
₹109 Cr
+126.7% YoY
Profit After Tax
₹79.29 Cr
+152.0% YoY
Net Worth
₹141 Cr
+24.2% YoY
Total Assets
₹168 Cr
+20.8% YoY
Total Debt
₹6.03 Cr
-51.5% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 799 | 538 | 419 | 383 | 264 | 141 | 252 |
| Revenue growth | +48.4% | +28.5% | +9.3% | +45.0% | +87.7% | -44.1% | - |
| EBITDA | 109 | 48.04 | 32.46 | 38.31 | 8.10 | (3.55) | 3.63 |
| EBITDA margin | +13.6% | +8.9% | +7.8% | +10.0% | +3.1% | -2.5% | +1.4% |
| Profit before tax | 102 | 42.77 | 27.76 | 29.67 | 3.22 | (8.11) | (1.80) |
| Net profit | 79.29 | 31.47 | 20.83 | 46.53 | 3.23 | (8.01) | (1.80) |
| Net profit margin | +9.9% | +5.9% | +5.0% | +12.1% | +1.2% | -5.7% | -0.7% |
| EPS (₹) | 7.47 | 3.11 | 2.06 | 4.61 | 0.32 | (0.79) | (0.18) |
| Balance sheet | |||||||
| Total assets | 168 | 139 | 109 | 111 | 59.29 | 35.36 | 61.18 |
| Net worth | 141 | 113 | 83.11 | 62.19 | 15.57 | 12.55 | 20.68 |
| Total debt | 6.03 | 12.44 | 9.83 | 34.31 | 35.09 | 15.24 | 33.26 |
| Cash & bank | 33.97 | 0.02 | 3.93 | 1.30 | 0.36 | 1.33 | 0.19 |
| Net working capital | 144 | 117 | 82.05 | 75.64 | 41.03 | 14.79 | 37.07 |
| Cash flow | |||||||
| Cash from operations | 90.99 | (3.15) | 32.48 | 9.83 | (17.66) | 22.44 | 9.50 |
| Cash from investing | (0.59) | (0.37) | (1.42) | (1.34) | (1.03) | (0.17) | (1.48) |
| Cash from financing | (56.45) | (0.39) | (28.43) | (7.55) | 17.72 | (21.13) | (10.01) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 219 | 235 | 151 | 244 | 169 | 135 | 120 | 174 |
| Revenue growth (YoY) | +29.6% | +73.7% | +25.7% | +40.0% | +55.5% | - | - | - |
| Other income | 0.55 | 0.63 | 0.73 | 0.37 | 0.31 | 0.70 | 0.41 | 0.09 |
| Total expenses | 184 | 197 | 144 | 201 | 147 | 121 | 116 | 149 |
| EBITDA | 35.23 | 38.27 | 6.34 | 42.54 | 21.64 | 14.38 | 4.21 | 25.13 |
| EBITDA margin | +16.1% | +16.3% | +4.2% | +17.5% | +12.8% | +10.6% | +3.5% | +14.4% |
| Depreciation | 0.91 | 0.85 | 0.87 | 0.87 | 0.81 | 0.79 | 0.82 | 0.84 |
| Interest | 1.09 | 1.47 | 1.40 | 1.35 | 1.27 | 1.25 | 1.17 | 0.53 |
| Profit before tax | 33.78 | 36.58 | 4.80 | 40.69 | 19.87 | 13.04 | 2.63 | 23.85 |
| Tax | 8.76 | 9.24 | 1.60 | 10.46 | 5.20 | 3.80 | 0.69 | 6.04 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 219 | 235 | 151 | 244 | 169 | 135 | 120 | 174 |
| Revenue growth (YoY) | +29.6% | +73.7% | +25.7% | +40.0% | +55.5% | - | - | - |
| Other income | 0.55 | 0.63 | 0.73 | 0.37 | 0.31 | 0.70 | 0.41 | 0.09 |
| Total expenses | 184 | 197 | 144 | 201 | 147 | 121 | 116 | 149 |
| EBITDA | 35.23 | 38.27 | 6.34 | 42.54 | 21.64 | 14.38 | 4.21 | 25.13 |
| EBITDA margin | +16.1% | +16.3% | +4.2% | +17.5% | +12.8% | +10.6% | +3.5% | +14.4% |
| Depreciation | 0.91 | 0.85 | 0.87 | 0.87 | 0.81 | 0.79 | 0.82 | 0.84 |
| Interest | 1.09 | 1.47 | 1.40 | 1.35 | 1.27 | 1.25 | 1.17 | 0.53 |
| Profit before tax | 33.78 | 36.58 | 4.80 | 40.69 | 19.87 | 13.04 | 2.63 | 23.85 |
| Tax | 8.76 | 9.24 | 1.60 | 10.46 | 5.20 | 3.80 | 0.69 | 6.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 799 | 538 | 419 | 383 | 264 | 141 | 252 |
| Revenue growth | +48.4% | +28.5% | +9.3% | +45.0% | +87.7% | -44.1% | - |
| Other income | 2.04 | 1.72 | 2.77 | 0.33 | 1.08 | 1.21 | 0.39 |
| Total expenses | 690 | 490 | 386 | 345 | 256 | 144 | 248 |
| Employee cost | 61.24 | 54.76 | 43.24 | 46.39 | 37.69 | 26.45 | 31.48 |
| EBITDA | 109 | 48.04 | 32.46 | 38.31 | 8.10 | (3.55) | 3.63 |
| EBITDA margin | +13.6% | +8.9% | +7.8% | +10.0% | +3.1% | -2.5% | +1.4% |
| Depreciation | 3.40 | 3.30 | 3.58 | 3.60 | 3.57 | 3.54 | 2.97 |
| Interest | 5.62 | 3.69 | 3.89 | 5.37 | 2.39 | 2.23 | 2.85 |
| Profit before tax | 102 | 42.77 | 27.76 | 29.67 | 3.22 | (8.11) | (1.80) |
| Tax | 26.50 | 11.35 | 6.92 | (16.85) | 0.00 | (0.10) | 0.00 |
| Net profit | 79.29 | 31.47 | 20.83 | 46.53 | 3.23 | (8.01) | (1.80) |
| Net profit margin | +9.9% | +5.9% | +5.0% | +12.1% | +1.2% | -5.7% | -0.7% |
| EPS (₹) | 7.47 | 3.11 | 2.06 | 4.61 | 0.32 | (0.79) | (0.18) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 75.48 | 98.19 | 86.41 | 86.26 | 86.20 | 86.20 | 86.20 |
| Reserves & surplus | 65.29 | 15.11 | (3.30) | (24.07) | (70.63) | (73.65) | (65.52) |
| Shareholders' funds (net worth) | 141 | 113 | 83.11 | 62.19 | 15.57 | 12.55 | 20.68 |
| Secured loans | 0.00 | 3.78 | 0.00 | 22.97 | 23.76 | 2.91 | 0.00 |
| Unsecured loans | 6.03 | 8.66 | 9.83 | 11.34 | 11.33 | 12.33 | 33.26 |
| Total debt | 6.03 | 12.44 | 9.83 | 34.31 | 35.09 | 15.24 | 33.26 |
| Total liabilities | 168 | 139 | 109 | 111 | 59.29 | 35.36 | 61.18 |
| Assets | |||||||
| Gross block | 22.42 | 22.74 | 24.39 | 24.80 | 24.66 | 26.09 | 27.73 |
| Net block | 11.34 | 12.16 | 14.89 | 16.56 | 17.29 | 19.61 | 22.57 |
| Capital work in progress | 0.17 | 0.06 | 0.00 | 0.16 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 197 | 151 | 106 | 95.88 | 53.57 | 33.27 | 42.56 |
| Sundry debtors | 58.16 | 54.67 | 51.14 | 52.37 | 48.60 | 38.00 | 62.70 |
| Cash & bank balances | 33.97 | 0.02 | 3.93 | 1.30 | 0.36 | 1.33 | 0.19 |
| Loans & advances | 24.79 | 23.34 | 13.10 | 9.63 | 9.61 | 12.53 | 13.19 |
| Total current assets | 314 | 229 | 174 | 159 | 112 | 85.13 | 119 |
| Total current liabilities | 170 | 113 | 92.37 | 83.54 | 71.11 | 70.34 | 81.57 |
| Net working capital | 144 | 117 | 82.05 | 75.64 | 41.03 | 14.79 | 37.07 |
| Total assets | 168 | 139 | 109 | 111 | 59.29 | 35.36 | 61.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.00 | 3.91 | 1.28 | 0.34 | 1.31 | 0.17 | 2.16 |
| Net cash from operating activities | 90.99 | (3.15) | 32.48 | 9.83 | (17.66) | 22.44 | 9.50 |
| Net cash from investing activities | (0.59) | (0.37) | (1.42) | (1.34) | (1.03) | (0.17) | (1.48) |
| Net cash from financing activities | (56.45) | (0.39) | (28.43) | (7.55) | 17.72 | (21.13) | (10.01) |
| Net change in cash | 33.95 | (3.91) | 2.63 | 0.94 | (0.97) | 1.14 | (1.99) |
| Closing cash | 33.97 | 0.02 | 3.93 | 1.30 | 0.36 | 1.33 | 0.19 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +48.4% | +28.5% | +9.3% | +45.0% | +87.7% | -44.1% | - |
| EBITDA growth | +126.7% | +48.0% | -15.3% | +373.0% | +328.2% | -197.8% | - |
| PBT growth | +138.3% | +54.1% | -6.4% | +821.4% | +9998.0% | -350.6% | - |
| Net income growth | +152.0% | +51.1% | -55.2% | +1340.6% | +140.3% | -345.0% | - |
| Revenue CAGR (3Y) | +27.7% | +26.7% | +43.8% | +15.0% | +3.1% | -12.1% | +8.0% |
| EBITDA CAGR (3Y) | +41.7% | +81.0% | - | +119.4% | -10.5% | - | +33.1% |
| Profitability & leverage | |||||||
| Net income margin | +9.5% | +5.8% | +5.0% | +12.1% | +1.2% | -5.7% | -0.7% |
| Return on capital employed | +70.0% | +36.5% | +24.9% | +25.8% | +6.7% | 0.0% | 0.0% |
| Return on net worth | +150.0% | +161.9% | +153.1% | +341.8% | -12.9% | 0.0% | 0.0% |
| Debt / equity | 0.07 | 0.11 | 0.30 | 0.89 | 1.79 | 1.46 | 1.39 |
| Long-term debt / equity | 0.03 | 0.07 | 0.12 | 0.25 | 0.75 | 0.69 | 0.28 |
| Interest cover | 5.33 | 8.25 | 13.47 | 15.47 | 52.76 | -31.45 | 431.82 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 35.37 | 22.83 | 17.03 | 15.51 | 10.42 | 5.24 | 12.54 |
| Inventory turnover | 4.59 | 4.18 | 4.14 | 5.13 | 6.09 | 3.72 | 5.72 |
| Debtors turnover | 14.16 | 10.17 | 8.09 | 7.60 | 6.11 | 2.80 | 4.34 |
| EPS (₹) | 7.47 | 3.11 | 2.06 | 4.61 | 0.32 | (0.79) | (0.18) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 7.46 | 2.50 | 0.67 | (1.38) | (5.99) | (6.29) | (5.49) |
To see the full year-wise statements and ratios of Timex Group India Limited, buy the company report.
Board of directors of Timex Group India Limited
Timex Group India has 6 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Chhabra Also directs: Time Master Watches and Accessories Private Limited | Managing Director | 04 Jun 2022 | 4 Years 4 Months | Current |
| David Thomas Payne Also directs: Time Master Watches and Accessories Private Limited | Director | 20 Apr 2018 | 8 Years 6 Months | Current |
| Sanjeev Kumar Also directs: Squarerock Management Private Limited | Director | 01 Feb 2024 | 2 Years 8 Months | Current |
| Meeta Makhan Also directs: Kanoria Chemicals & Industries Ltd, Lakshmi Vilas Bank Limited, Ppap Automotive Limited and 4 more | Director | 01 Feb 2024 | 2 Years 8 Months | Current |
| Marco Zambianchi | Director | 01 Feb 2024 | 2 Years 8 Months | Current |
| Dhanashree Ajit Bhat | Director | 01 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
Timex Group India Limited is compared with the 8 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Timex Group India Limitedthis company | ₹798.59 Cr (FY 2026) | ₹79.29 Cr | 9.9% | 48.4% | 346 | New Delhi, Delhi, India |
| Anja Jewels Private Limited | ₹560.15 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Parishi Diamond Private Limited | ₹554.59 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Sunil Gold India Limited | ₹549.44 Cr (FY 2025) | 67.0% | Mumbai, Maharashtra, India | |||
| Indojewel Jewellery Private Limited | ₹539.6 Cr (FY 2025) | 121.0% | Mumbai, Maharashtra, India | |||
| Rathod Jewellery Manufacturing Private Limited | ₹538.34 Cr (FY 2025) | -2.0% | Kolhapur, Maharashtra, India | |||
| VK Jewels Private Limited | ₹535.05 Cr (FY 2025) | 25.0% | Rajkot, Gujarat, India | |||
| Dashrath Silver Art Private Limited | ₹531.24 Cr (FY 2025) | 30.0% | Rajkot, Gujarat, India | |||
| RBZ Jewellers Limited | ₹530.75 Cr (FY 2025) | 62.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Timex Group India Limited, buy the company report.
Auditor
Timex Group India Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2023 | 117366W/W-100018 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 51.00%, foreign institutional investors hold 2.50%, domestic institutional investors hold 1.40% and retail and other public shareholders hold 45.10%.
Sep 2026
QUARTER
51.00% Promoters
1.40% DII (Domestic Institutional)
2.50% FII (Foreign Institutional)
45.10% Retail & Others
Promoter holding - history
Now 51.00% · Sep 2026High 59.90% · Dec 2025Low 51.00% · Mar 2026
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 51.00% | 51.00% | 51.00% | 59.90% |
| Public | 49.00% | 49.00% | 49.00% | 40.10% |
Charges & borrowings
Open charges
₹16 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jun 2024 | 100928465 | Others | ₹16 Cr | Open |
To see the full charge records of Timex Group India Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Timex Group India Limited has 8 deals on record (7 market trades, 1 funding round), with disclosed funding of ₹1.25 Cr; the latest was in December 2025.
Total deals
8
Market trades
7
Funding round
1
Disclosed funding
₹1.25 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2025 | Market trade | ₹38.38 Cr | Buyer: Crony Vyapar Private Limited , Ishaan Tradefin LLP Seller: Crony Vyapar Private Limited , Ishaan Tradefin LLP |
| Dec 2025 | Market trade | ₹36.54 Cr | Buyer: Setu Securities Private Limited Seller: Setu Securities Private Limited , Marwadi Shares and Finance Limited |
| Jul 2025 | Market trade | ₹62.83 Cr | Buyer: Share India Securities Limited, Ishaan Tradefin LLP , Setu Securities Private Limited , an individual Seller: Setu Securities Private Limited , Devi Traders LLP , Share India Securities Limited, an individual |
| Mar 2023 | Funding round | ₹1.25 Cr | Investors: Lucky Investment Managers |
| Jan 2018 | Market trade | ₹3.45 Cr | Seller: Ojas Consulting Private Limited |
To see the full deal history of Timex Group India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Timex Group India Limited has 194 court cases on record: 131 filed by Timex Group India, 63 filed against it. 30 cases are pending and 164 are disposed.
Total cases
194
Filed by the company
131
Filed against the company
63
Pending
30
Disposed
164
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 149 | 44 | 22 |
| High courts | 38 | 14 | 7 |
| Supreme Court | 6 | 5 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 194)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Appeal | Filed by the company against Saraswati Agencies Pvt. Limited & Ors. | Pending |
| High Court, JHARKHAND | Interim or miscellaneous application | Filed against the company by Ms B P Agarwalla and Sons Ltd Through Its Authorized Signatory Mr T K Bera | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against XL Retail Private Limited and 2 others | Disposed |
| High Court of Delhi | Court case (CM(M)) | Filed against the company by M/S Saraswati Agencies Pvt Ltd | Disposed |
| District court, South East, Delhi | Court case (T.P. C) | Filed against the company by M/S Saraswati Agencies Pvt Ltd and 1 other | Disposed |
To see the full case history of Timex Group India Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Timex Group India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Timex Group India Limited has a workforce of 346 employees on its EPFO records as of Apr 01, 2024, across 2 active EPFO establishments.
Employee count
346
Active EPFO establishments
2
Employee growth
-4.42%
GST
Timex Group India has 23 GST registrations: 10 active and 13 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
23
Active
10
Cancelled / inactive
13
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACT0773C1ZP | Delhi | Active | 01 Jul 2017 |
| 02AAACT0773C2ZY | Himachal Pradesh | Active | 01 Jul 2017 |
| 09AAACT0773C1ZL | Uttar Pradesh | Active | 01 Jul 2017 |
| 18AAACT0773C1ZM | Assam | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Timex Group India Limited, buy the company report.
Recent activity
Timex Group India Limited has 58 board changes on record since 1990: 33 appointments and 25 cessations. The latest: Bijou Kurien ceased to be Director on 31 Mar 2024.
Filing
Timex Group India Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi I.
AGM
Timex Group India Limited last Annual general meeting of members was held on 21 Aug 2025 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.
Ceased
Bijou Kurien ceased to be Director.
Ceased
Gagan Makar Singh ceased to be Director.
Ceased
Pradeep Mukerjee ceased to be Director.
Appointed
Dhanashree Ajit Bhat was appointed as Director.
Appointed
Marco Zambianchi was appointed as Director.
Appointed
Meeta Makhan was appointed as Director.
Appointed
Sanjeev Kumar was appointed as Director.
Ceased
Sylvain Ernest Louis Tatu ceased to be Director.
51 earlier events are in the company report.
News
Frequently asked questions
Timex Group India is an active public limited company based in New Delhi, Delhi, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 04 October 1988 (38+ years old) and is registered under CIN L33301DL1988PLC033434. Listed on BSE: 500414 and NSE: TIMEX.
Timex Group India reported revenue of ₹798.59 Cr for FY 2025-26 (up 48.4% YoY) based on standalone financials.
Timex Group India has 6 current directors:
- Deepak Chhabra - Managing Director
- David Thomas Payne - Director
- Sanjeev Kumar - Director
- Meeta Makhan - Director
- Marco Zambianchi - Director
- Dhanashree Ajit Bhat - Director
The latest financial statements of Timex Group India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 21 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Timex Group India is 07AAACT0773C1ZP, registered in Delhi. The company has 23 GST registrations in all, of which 10 are active and 13 are cancelled or inactive. Other active GSTINs include 02AAACT0773C2ZY (Himachal Pradesh), 09AAACT0773C1ZL (Uttar Pradesh), 18AAACT0773C1ZM (Assam).
The CIN (Corporate Identification Number) of Timex Group India is L33301DL1988PLC033434. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Timex Group India is a listed company as per MCA records. Its shares are listed on both BSE (code: 500414) and NSE (symbol: TIMEX).
Timex Group India has 194 court cases on record: 131 filed by the company and 63 filed against it. 30 are pending. Most are in the district courts.
Timex Group India was incorporated on 04 October 1988, making it 38+ years old. It is registered with the Registrar of Companies, Delhi.
Timex Group India has 8 deals on record (7 market trades, 1 funding round), with disclosed funding of ₹1.25 Cr; the latest was in December 2025.
The peers of Timex Group India by revenue are Anja Jewels Private Limited, Parishi Diamond Private Limited, Sunil Gold India Limited, Indojewel Jewellery Private Limited, Rathod Jewellery Manufacturing Private Limited and 3 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).