TIMEX GROUP LTD

TIME IS RIGHTFOR

HEALTH ,WEALTH & PROSPERITY

TIMEX GROUP LTD : TIME IS RIGHT FOR HEALTH,WEALTH & PROSPERTY

BRANDS

TIMEX GROUP LTD : TIME IS RIGHT FOR HEALTH,WEALTH & PROSPERTY

Key Highlights from the AGM August , 6th, 2015 :

## Company forayed into the wearable segment in Q1 of the current financial year with the launch of its smart watch and fitness band-Move x20 and Run x20 GPS to cater to the current age of fitness enthusiasts and tech-savvy audience.## Company continues to pursue its strategy to reposition TIMEX as an American, Iconic brand.## The Company laid great emphasis to connect well with the consumers during the year by establishingbrand stores on various e-commerce platforms as well as setting up its franchisee stores ‘Timex World’ and ensuring its presence in NTO/ MBO’s.## The Promoters, the Board of Directors and management continue to remain very positive on the business prospects for India in general and for growth of our Company in particular. The India market continues to be a priority market for the Timex Group driven by the watch category growth of 9~10% coupled with the opportunity to expand in new categories which should only help to increase Timex’ value share.

TIMEX GROUP  (TIME IS RIGHT FOR HEALTH,WEALTH & PROSPERTY ) Price Rs 32.85 , Market  Cap of Rs 328 crs Debt Rs 60 crs  EV Rs 388 crs vs Current sales of around  Rs 143 crs  .Only BSE listed  MNC company trading at 2.5 X sales ##  Big Bang launch of New products including Fitness Band "Timex IRON MAN Move x20 " Along with amazon Iron Man co-brand  products ,with Titan focus shifted to  Jwellery business, Ecommerce expected to  drive volumes.## Key highlights from FY 15 results sales increased by 16% , Loss down to Rs 10.98 crs from Rs 32.98 crs ## Statement made by the company along with their FY15 Annual Results " The accumulated losses of the co as at 31st March 2015 are Rs 68.87 crores which have resulted in complete erosion of net worth of the co The co has incurred loss of Rs 11 Lakhs for the quarter ended 31st March 2015 (Rs 10.98 crores for the year ended 31st March 2015) as at that date. The company's current liabilities are in excess of the current assets by Rs 26.02 crs. The company expects growth in its operations in coming years and it's taking measures to improve its operational efficiency. However the company expects to incur losses during the fiscal year 2015-16. As per the business plans approved by the board of directors the funding requirements of the company will be met through funds from operations and bank borrowing which have been guaranteed by Timex Group Luxury Watches B.V the holding company"

Pl find below the products in amazon sitehttp://www.amazon.in/b?ie=UTF8&node=3965457031&tag=googinkenshoo-21&ascsubtag=06453072-6a81-4ea9-9790-dea40

TIMEX GROUP LTD : TIME IS RIGHT FOR HEALTH,WEALTH & PROSPERTY

FIRST BUY TIMEX SHARES & THEN IRON MAN ACTIVITY TRACKER MOVE X20

BE HEALTHIER & WEALTHIER.