Timex Group India Ltd (TGIL) began FY26 with record-breaking results in Q1, posting a 55% year‑on‑year revenue growth to ₹169 crore. Profit Before Tax rose six-fold, while EBITDA climbed 4.5 times, reflecting significant improvement in operating leverage. The flagship Timex brand led the rally with an impressive 77% YoY growth, reinforcing its leadership in India’s premium watch segment .
Key licensed brands also delivered strong performance: Guess Watches grew 33%, and Versace rose 18%, maintaining high double-digit momentum. E‑commerce revenue doubled with a stellar 102% YoY increase, while the traditional trade channel grew 22% even from a high base. The OEM business delivered triple‑digit gains, contributing meaningfully to TGIL’s diversified growth strategy .
TGIL’s success stemmed from premiumisation, compelling brand storytelling, and a sharpened omnichannel strategy. Launches of iconic collections like Q Timex, Marlin, Waterbury, Fria, and Expedition performed exceptionally well. New retail expansion, quick commerce delivery, and global partnerships—including Jacquie Aiche, The New Yorker, Netflix’s Wednesday, and Warner Bros’ Superman collaboration—enhanced Timex’s cultural relevance and Gen‑Z engagement .
TGIL also expanded into GUESS jewellery, reinforcing its lifestyle play and tapping the fast-growing fashion accessories market. With demand across premium watches and brand extensions, TGIL positioned itself for sustained growth and deeper consumer connection in FY26.
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