Case study

TIMEX

Timex Group India Limited

Mixed signals1y model -1.3%

Each stock's 10,000-path forecast, rendered as light.

47Score

Timex Group India Limited (TIMEX) Stock Analysis & Case Study

Is TIMEX a good buy? The data-driven verdict.

Timex Group India Limited (TIMEX) trades at ₹543,on the numbers it mixed signals, a Downstox Snapshot Score of 47/100.

On the numbers, Timex Group India Limited (TIMEX) mixed signals, a Downstox Snapshot Score of 47/100, weighing expensive at 61.5× earnings, ROE of 158.0%, a 49% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

TIMEX fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹5,483 Cr
Current price
₹543
P/E ratio
61.5×
P/B ratio
72.69×
Book value
₹7
ROCE
82.8%
ROE
158.0%
Piotroski F-Score
5/8

How TIMEX ranks against the 2,373 companies in our screener

Is TIMEX overvalued? TIMEX P/E vs peers

TIMEX trades at 61.5× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

TIMEX share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of TIMEX history (27%/yr drift, 54%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
TIMEX 2027₹272₹549₹1,108-1%
TIMEX 2028₹201₹542₹1,459-3%
TIMEX 2029₹160₹534₹1,780-4%
TIMEX 2030₹132₹527₹2,101-5%
TIMEX 2031₹111₹520₹2,450-6%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability TIMEX goes up, or doubles?

49%
Higher in 1 year
Modelled chance the price is above today in 12 months
48%
Higher in 5 years
Modelled chance the price is above today in 5 years
27%
Doubles in 5 years
Modelled chance of reaching ₹1,112 within 5 years

The bull case for TIMEX

  • TIMEX's return on equity of 158.0% ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • TIMEX's return on capital employed of 82.8% ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,780.

The bear case & risks

  • TIMEX's P/E of 62.9x is lower than 20% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A steep 72.7× price-to-book means most of the value is intangible/expectations, not assets on the books.
  • High historical volatility (54%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹160.

TIMEX volatility & expected range, how bumpy is the ride?

Over the last 9.8 years TIMEX compounded at 27%/year with annualized volatility of 54%. That volatility implies a 1-year 80% range of ₹272-₹1,108, the honest backbone behind any single price target.

TIMEX price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
1.3%
80% range₹272-₹1,108
P(price ↑)49%
P(price 2×)10%
3-Year Forecast
2029
₹0
Median (P50)
3.9%
80% range₹160-₹1,780
P(price ↑)48%
P(price 2×)22%
5-Year Forecast
2031
₹0
Median (P50)
6.4%
80% range₹111-₹2,450
P(price ↑)48%
P(price 2×)27%

TIMEX price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
TIMEX simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds TIMEX hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the TIMEX price target & forecast page.

TIMEX Piotroski F-Score: 5/8, how financially strong is it?

5/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. TIMEX scores 5/8, mixed financial health.

TIMEX MTF margin & leverage across 9 brokers

Margin Trading Facility lets you buy TIMEX with part of the capital. Lower margin % = higher leverage. Rates compared across 9 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox39.08%2.6×
ZerodhaCHEAPEST39.05%2.6×
Groww39.22%2.5×
Kotak Neo100.00%1.0×
Paytm Money40.00%2.5×
Pocketful39.43%2.5×
Fyers40.00%2.5×
Anand RathiCHEAPEST39.05%2.6×
Share India39.22%2.5×

Compare every broker on the TIMEX MTF page.

About Timex Group India Limited: sector, index & market-cap context

Timex Group India Limited (TIMEX) is a small-cap NSE-listed company, with a market capitalisation of ₹5,483 Cr. See more stocks on our screener.

How the TIMEX Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Timex Group India Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

TIMEX analysis, FAQs

Is Timex Group India Limited (TIMEX) a good buy?

On the numbers, Timex Group India Limited (TIMEX) mixed signals, a Downstox Snapshot Score of 47/100, weighing expensive at 61.5× earnings, ROE of 158.0%, a 49% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is TIMEX overvalued or undervalued?

TIMEX trades at 61.5× earnings, expensive versus the ~22× long-run Nifty average.

What is the TIMEX share price target for 2031?

TIMEX's probability-weighted 2031 median target is ₹520, with an 80% range of ₹111-₹2,450 (10,000-path Monte-Carlo).

What is the probability TIMEX doubles in 5 years?

The modelled probability of TIMEX reaching ₹1,112 (2×) within 5 years is 27%.

What is the bull case for TIMEX?

TIMEX's return on equity of 158.0% ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. TIMEX's return on capital employed of 82.8% ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in TIMEX?

TIMEX's P/E of 62.9x is lower than 20% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 72.7× price-to-book means most of the value is intangible/expectations, not assets on the books. High historical volatility (54%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

More on TIMEX