We have received request for 4500 Blankets from different parts of the country, Leprosy Centers , Old Age Homes , Orphanages & Basti’s. This number is expected to grow significantly in coming days!
Please shower your Compassion.
Caution Update ⚠️:
There is some kind of nervousness in markets .
1. Earnings are saturating.
2. Sector based selling unlike sector based buying seen in last 36 months.
3. Global divisiveness and conflict like never before.
4. Climate change is hurting and impact is only aggravating.
5. Super Efficiency is disrupting faster than ever before.
6. Asset allocation trends suggest Risk capital fleeing for safety.
Message is to encourage self reflection and review .
@sudhir_bheda *Closed Door Conversation with Investors & Analysts.*
170 years of celebration with One $ Watch ⌚️ Special Edition in Q3 FY25.
Celebrity Collab’s yielding excellent sales growth, 20 Collab’s per year is budgeted.
*Timex Group Q2 Analysis :-*
Beginning of New Era ( *Historic* )
Revenue Growth QoQ 60% from 109 Cr to 174 Cr
Revenue Growth YoY 37% from 127 Cr to 174 Cr
EBIDTA Grew 530% from 4.76 Cr to 25.22 Cr QoQ
EBIDTA Grew 51% from 16.67 Cr to 25.22 Cr YoY
Net Profit Grew 732% from 2.43 Cr to 17.81 Cr QoQ
Net Profit Grew 62% from 11 Cr to 17.81 Cr YoY
These numbers are not fully comparable to last year numbers as New Royalty Agreement effective from 1st April 2024, Additional Royalty of Rs. 7.02 Cr is paid in Q2 FY25 accounted under Other Expenses. Q1 the Royalty paid was 3.9 Cr, *total 10.92 Cr in H1 FY25.*
Q2 Earnings are way more superior & impressive than they appear comparatively.
Traditional Trade Channel grew by 25%
E-commerce grew by impressive 88% YoY
Luxury Segment grew 63% YoY
*Major launches under Timex Smart and iConnect Digital watch segment.*
Guess Brand grew 59% for the quarter (40th Anniversary Limited Edition)
Versace Brand grew 56% for the quarter
Phillpp Plein, Nautica saw impressive growth
New Additions Ted Baker, Pan Am & Jacqui Aiche Limited Edition attracted consumer fancy.
Management Guidance : WMT ( Waste more time ) campaign , brand endorsement by Ananya Pandey and Babil Khan improved the social media presence with youth as the target segment and *Premiumization* strategy yielding results thus *the guidance for continued growth in coming quarters.*
Timex Group which is *PRIVATELY* held Co with HQ in Middlebury, Connecticut USA.
Q2 earnings marks end of all accumulated losses and improves its eligibility to *LIST on NSE.*