Timex Group India Ltd Share Price – BSE

Consumer Durables, Small Cap

Naksh Precious Metals Ltd, Biofil Chemicals & Pharmaceuticals Ltd, R O Jewels Ltd and Dishman Carbogen Amcis Ltd are among the other losers in the BSE's 'B' group today, 04 February 2026.

Timex Group India Ltd crashed 9.99% to Rs 275.4 at 14:31 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 10.45 lakh shares were traded on the counter so far as against the average daily volumes of 3.32 lakh shares in the past one month.

Naksh Precious Metals Ltd lost 9.93% to Rs 6.08. The stock was the second biggest loser in 'B' group.On the BSE, 10890 shares were traded on the counter so far as against the average daily volumes of 20306 shares in the past one month.

Biofil Chemicals & Pharmaceuticals Ltd tumbled 9.89% to Rs 41.17. The stock was the third biggest loser in 'B' group.On the BSE, 36867 shares were traded on the counter so far as against the average daily volumes of 17379 shares in the past one month.

R O Jewels Ltd plummeted 9.66% to Rs 1.59. The stock was the fourth biggest loser in 'B' group.On the BSE, 6.44 lakh shares were traded on the counter so far as against the average daily volumes of 73447 shares in the past one month.

Dishman Carbogen Amcis Ltd dropped 8.17% to Rs 209.7. The stock was the fifth biggest loser in 'B' group.On the BSE, 32895 shares were traded on the counter so far as against the average daily volumes of 8749 shares in the past one month.

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On year on year (YoY) basis, the company?s consolidated net profit and revenue from operations jumped 64.95% and 25.71%, respectively in Q3 FY26.

Profit before exceptional items and tax surged 3.05 times to Rs 8.01 crore in Q3 FY26, compared with Rs 2.63 crore in Q3 FY25. Exceptional items during the quarter amounted to Rs 3.21 crore and were related to the new labour codes.

The company said that Timex emerged as the fastest-growing brand for the company, recording growth at 32%, Guess and Versace continued their upward trajectory with strong double-digit growth and other brands maintained steady growth during the quarter.

The e-commerce channel reported high double-digit growth, aided by effective assortment planning, aligned with evolving consumer and category trends, along with strong merchandising. The trade channel also delivered solid growth, reflecting continued retailer confidence and steady consumer demand.

Deepak Chhabra, managing director, Timex Group India, said, ?This quarter?s performance reflects the consistency of our strategy and execution. The Indian watch industry is witnessing a clear shift towards premium, design-led and lifestyle-driven timepieces, with significant headroom for expansion in a large, underpenetrated market. Through key developments such as the launch of Aston Martin watches in India, continued expansion of our luxury and fashion portfolio, and higher-value collections within Timex, including the Atelier range, we saw positive consumer response during the quarter.?

Timex Group India designs, manufactures, and markets innovative timepieces and is part of Timex Group, a privately held company headquartered in Middlebury, Connecticut, with multiple operating units and over 2,000 employees worldwide. In India, TGIL manages a portfolio of brands including Timex, Versace, Guess, Gc, Philipp Plein, Plein Sport, Ferragamo, Nautica, Ted Baker, adidas, and UCB. It retails via more than 5,000 offline trade stores and key online marketplaces, along with over 40 exclusive franchise stores under the Just Watches and Timex World banners.

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Promoter Timex Group Luxury Watches BV offered a base lot of 45.09 lakh shares, representing 4.47% of the company?s equity. The offer included an oversubscription option for an additional 4.47%, taking the total potential divestment to 90.18 lakh shares, or 8.93%.

The floor price was set at Rs 275 per share, a discount of 21.82% to the stock?s closing price of Rs 351.75 on 26 December 2025.

The OFS opened on December 29 for non-retail investors. Retail investors participated on December 30, along with non-retail bidders carrying forward unallotted bids. The offer was conducted through a special window on the BSE and NSE during market hours.

On Day 1 (T-day), as of 15:30 IST, the OFS received subscription for 3,80,41,244 shares. It was subscribed 468.68% on the total non-retail offer size of 81,16,650 shares.

On Day 2 (T+1 day), the OFS received subscription for 45,65,547 shares. It was subscribed 50.62% on the total offer size of 90,18,500 shares.

As of September 2025, the promoter held a 59.93% stake in Timex Group India.

Timex Group India designs, manufactures, and markets innovative timepieces and is part of Timex Group, a privately held company headquartered in Middlebury, Connecticut, with multiple operating units and over 2,000 employees worldwide. In India, TGIL manages a portfolio of brands including Timex, Versace, Guess, Gc, Philipp Plein, Plein Sport, Ferragamo, Nautica, Ted Baker, adidas, and UCB. It retails via more than 5,000 offline trade stores and key online marketplaces, along with over 40 exclusive franchise stores under the Just Watches and Timex World banners.

On a standalone basis, net profit of Timex Group India rose 69.74% to Rs 30.23 crore while net sales rose 39.98% to Rs 243.67 crore in Q2 September 2025 over Q2 September 2024.

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Promoter Timex Group Luxury Watches BV is offering a base lot of 45.09 lakh shares, representing 4.47% of the company?s equity. The offer includes an oversubscription option for an additional 4.47%, taking the total potential divestment to 90.18 lakh shares, or 8.93%.

The floor price has been set at Rs 275 per share, a discount of 21.82% to the stock?s previous close of Rs 351.75 on December 26, 2025. The discounted pricing and large offer size weighed on investor sentiment.

The OFS opened on December 29 for non-retail investors. Retail investors can participate on December 30, along with non-retail bidders carrying forward unallotted bids. The offer is being conducted through a special window on the BSE and NSE during market hours.

By 1:42 p.m. on T Day, the non-retail portion was subscribed 113.61% of the base offer size. Bids were received for 46.11 lakh shares against 40.58 lakh shares on base non-retail offer.

As of September 2025, the promoter held a 59.93% stake in Timex Group India.

Timex Group India designs, manufactures, and markets innovative timepieces and is part of Timex Group, a privately held company headquartered in Middlebury, Connecticut, with multiple operating units and over 2,000 employees worldwide. In India, TGIL manages a portfolio of brands including Timex, Versace, Guess, Gc, Philipp Plein, Plein Sport, Ferragamo, Nautica, Ted Baker, adidas, and UCB. It retails via more than 5,000 offline trade stores and key online marketplaces, along with over 40 exclusive franchise stores under the Just Watches and Timex World banners.

On a standalone basis, net profit of Timex Group India rose 69.74% to Rs 30.23 crore while net sales rose 39.98% to Rs 243.67 crore in Q2 September 2025 over Q2 September 2024.

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