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Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Timex Group India announced its latest financial results and appointed a new audit firm for the next five years.
🤖 AI Summary
Timex Group India reported revenue from operations of Rs. 35,801 lakhs for Q2 FY27.
Profit for the period stood at Rs. 4,711 lakhs for the quarter ended September 30, 2026.
For the half year ended September 30, 2026, revenue was Rs. 57,691 lakhs.
The Board approved the appointment of M/s B S R & Co. LLP as Statutory Auditors for five years.
The auditor appointment is subject to approval by the Company's Members at the 2027 AGM.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Revenue from operations (Q2 FY27)
35,801 lakhs
47.01%
Profit for the period (Q2 FY27)
4,711 lakhs
55.88%
Revenue from operations (H1 FY27)
57,691 lakhs
39.81%
Profit for the period (H1 FY27)
7,213 lakhs
60.65%
Basic EPS (Q2 FY27)
4.62
61.00%
Total Assets (Sep 30, 2026)
61,087 lakhs
🏢 How This Affects the Company
📈
Business Impact
The reported revenue of Rs. 35,801 lakhs for Q2 FY27 indicates continued business activity and performance. Half-yearly revenue of Rs. 57,691 lakhs further details the company's financial standing.
💰
Financial Impact
The company's profit for the period was Rs. 4,711 lakhs in Q2 FY27, contributing to a half-yearly profit of Rs. 7,213 lakhs. Total assets increased to Rs. 61,087 lakhs as of September 30, 2026, from Rs. 33,777 lakhs as of March 31, 2026.
⚙️
Operational Impact
The appointment of a new statutory auditor, M/s B S R & Co. LLP, for five years will ensure continuity in financial oversight, replacing the previous auditor.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take immediate action based on this financial result announcement. The appointment of the new auditor is subject to their approval at the 39th Annual General Meeting in 2027.
👤
Who Is Affected
All shareholders are affected by the company's financial performance. Approval for the new auditor will require a resolution at the AGM, impacting all members with voting rights.
🔍
Management Signal
Management is focusing on sustained revenue and profit growth, as indicated by the Q2 FY27 results. The decision to appoint M/s B S R & Co. LLP signifies a change in the statutory audit firm for the next five years.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 results — monitor if revenue and profit growth trends continue.
39th Annual General Meeting in 2027 — vote on the appointment of M/s B S R & Co. LLP.
Cash flow from operations — observe sustainability amidst inventory changes.
LOW RISKThe filing indicates strong financial performance and a routine change in auditor, presenting no immediate high risks.
💡 Investor Takeaway
Timex Group India reported Q2 FY27 revenue from operations at Rs. 35,801 lakhs, a 47.01% increase from Rs. 24,367 lakhs in Q2 FY26. Profit for the period rose by 55.88% to Rs. 4,711 lakhs from Rs. 3,023 lakhs in the prior year's comparable quarter.
⚖️ Strengths & Concerns
✅ Positives
Revenue from operations significantly increased to Rs. 35,801 lakhs in Q2 FY27 compared to Rs. 24,367 lakhs in Q2 FY26.
Profit for the period grew to Rs. 4,711 lakhs in Q2 FY27 from Rs. 3,023 lakhs in Q2 FY26.
⚠️ Concerns
Inventories increased to Rs. 36,802 lakhs as of September 30, 2026, from Rs. 19,693 lakhs as of March 31, 2026.
Total current liabilities increased to Rs. 39,164 lakhs as of September 30, 2026, from Rs. 17,293 lakhs as of March 31, 2026.
📅 Company Track Record
Timex Group India has shown consistent quarterly growth, with Q2 FY27 revenue of Rs. 35,801 lakhs following Q1 FY27 net profit growth of 70.55% to Rs. 2,502 lakhs. Previous filings also highlighted strong revenue growth for Q2 FY27.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Timex Group India's revenue from operations in Q2 FY27?
Timex Group India's revenue from operations for the quarter ended September 30, 2026 (Q2 FY27) was Rs. 35,801 lakhs.
What was Timex Group India's profit for the period in Q2 FY27?
The profit for the period for Timex Group India in Q2 FY27 was Rs. 4,711 lakhs.
Who has been appointed as the new Statutory Auditor for Timex Group India?
M/s B S R & Co. LLP (ICAI Firm Registration No. 101248W /W-100022) has been approved as the Statutory Auditors of Timex Group India.
What is the term for the new Statutory Auditors of Timex Group India?
The term for the new Statutory Auditors is five consecutive years, starting from the conclusion of the 39th Annual General Meeting in 2027 until the conclusion of the 44th AGM in 2032.
What was Timex Group India's total assets as of September 30, 2026?
Total assets for Timex Group India as of September 30, 2026, were Rs. 61,087 lakhs.
Questions based on this BSE filing only. For information purposes.
All BSE filings we have analysed for Timex Group India Ltd-$.
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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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