Timex Group India Limited (BOM: 500414)

Timex Group India Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	89.1	39.1	12.8	3.4	13.1	1.7
Cash & Short-Term Investments	242	39.1	12.8	3.4	13.1	1.7
Cash Growth	120900.00%	205.47%	276.47%	-74.05%	670.59%	-92.13%
Accounts Receivable	665.4	511.4	523.7	486	380	627
Other Receivables	-	19.3	14.6	15.3	44.7	58.5
Receivables	665.4	530.7	538.3	501.3	424.7	685.5
Inventory	1,320	1,063	958.8	535.7	332.7	425.6
Prepaid Expenses	-	20.9	8.5	7	4.3	4.8
Other Current Assets	186	91	73.4	74	76.5	68.8
Total Current Assets	2,413	1,744	1,592	1,121	851.3	1,186
Property, Plant & Equipment	132.7	145.1	165.6	168.4	187.8	213.5
Other Intangible Assets	2.7	3.8	1.6	4.5	8.3	12.2
Long-Term Deferred Tax Assets	84.3	99.4	168.4	-	-	-
Other Long-Term Assets	20.8	19.3	15.8	9.7	9.6	15.4
Total Assets	2,654	2,012	1,943	1,304	1,057	1,428
Accounts Payable	1,057	719.4	660.2	560.7	576.1	658.3
Accrued Expenses	-	56.9	56.4	51.5	22.8	50.8
Short-Term Debt	-	-	229.7	237.6	29.1	204.2
Current Portion of Leases	20.8	19.5	17.4	12.5	12.7	9.3
Current Income Taxes Payable	53.1	-	-	-	-	-
Current Unearned Revenue	96.3	89.8	86.1	76.2	6.6	6.3
Other Current Liabilities	314.5	57.6	32.7	22.7	97.9	100.3
Total Current Liabilities	1,541	943.2	1,083	961.2	745.2	1,029
Long-Term Debt	19	18.2	16.7	-	-	-
Long-Term Leases	68	78.8	96	100.8	110.6	119.1
Long-Term Unearned Revenue	-	-	-	-	-	0.6
Other Long-Term Liabilities	140.6	81.6	76.5	27.9	24.3	23.3
Total Liabilities	1,769	1,199	1,338	1,148	931.5	1,221
Common Stock	101	101	101	101	101	101
Additional Paid-In Capital	-	35.1	35.1	35.1	35.1	35.1
Retained Earnings	-	-68.1	-275.8	-741.4	-771.6	-690.3
Total Common Equity	884.9	68	-139.7	-605.3	-635.5	-554.2
Shareholders' Equity	884.9	812.9	605.2	155.7	125.5	206.8
Total Liabilities & Equity	2,654	2,012	1,943	1,304	1,057	1,428
Total Debt	107.8	116.5	359.8	350.9	152.4	332.6
Net Cash (Debt)	134.2	-77.4	-347	-347.5	-139.3	-330.9
Net Cash Per Share	1.45	-0.77	-3.44	-3.44	-1.38	-3.28
Filing Date Shares Outstanding	104.76	100.95	100.95	100.95	100.95	100.95
Total Common Shares Outstanding	104.76	100.95	100.95	100.95	100.95	100.95
Working Capital	872	801	509.3	160.2	106.1	157.2
Book Value Per Share	8.45	0.67	-1.38	-6.00	-6.30	-5.49
Tangible Book Value	882.2	64.2	-141.3	-609.8	-643.8	-566.4
Tangible Book Value Per Share	8.42	0.64	-1.40	-6.04	-6.38	-5.61
Buildings	-	23.5	23.5	23.5	23.5	23.5
Machinery	-	91.3	84.3	78.7	76.5	78.5
Construction In Progress	-	-	1.6	-	-	-
Leasehold Improvements	-	12.7	11	11	11	11

Source: S&P Capital IQ. Standard template. Financial Sources.