Timex Group India (NSE:TIMEX) Interest Coverage: 26.88 (As of Mar. 2026) — 278% Above Median


NSE:TIMEX Timex Group India Ltd NSE:TIMEX
66 GF Score
Price ₹534.70
GF Value ₹348.35
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Timex Group India Interest Coverage?

Timex Group India NSE:TIMEX +1.95% 66 Interest Coverage is 26.88 as of Mar. 2026, which is 278% above its 10-year median of 7.12. GuruFocus rates NSE:TIMEX with a GF Score™ of 66/100 and a GF Value™ of ₹348.35 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 824 Retail - Cyclical companies, Timex Group India ranks better than 71.6% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Timex Group India's Operating Income for the three months ended in Mar. 2026 was ₹395 Mil. Timex Group India's Interest Expense for the three months ended in Mar. 2026 was ₹-15 Mil. Timex Group India's interest coverage for the quarter that ended in Mar. 2026 was 26.88. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Timex Group India's Interest Coverage or its related term are showing as below:

NSE:TIMEX' s Interest Coverage Range Over the Past 10 Years
Min: 0.03   Med: 7.12   Max: 20.16
Current: 20.16


NSE:TIMEX's Interest Coverage is ranked better than
71.6% of 824 companies
in the Retail - Cyclical industry
Industry Median: 7.94 vs NSE:TIMEX: 20.16

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Timex Group India  (NSE:TIMEX) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Timex Group India Interest Coverage Related Terms


Timex Group India Interest Coverage Historical Data

* Premium members only.

The historical data trend for Timex Group India's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Timex Group India Interest Coverage Chart

Timex Group India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.18 12.04 16.28 12.37 20.16

Timex Group India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.87 16.40 30.87 6.20 26.88

NSE:TIMEX vs TPR: Interest Coverage Comparison

For the Luxury Goods subindustry, Timex Group India's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Timex Group India Interest Coverage vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Timex Group India's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Timex Group India's Interest Coverage falls into.


NSE:TIMEX
66GF Score
Timex Group India Ltd NSE:TIMEX
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Timex Group India Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Timex Group India's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Timex Group India's Interest Expense was ₹-55 Mil. Its Operating Income was ₹1,107 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹322 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1107/-54.9
=20.16

Timex Group India's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Timex Group India's Interest Expense was ₹-15 Mil. Its Operating Income was ₹395 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹322 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*395.2/-14.7
=26.88

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 26.88 mean?
Timex Group India (NSE:TIMEX) has a Interest Coverage of 26.88 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Timex Group India and its competitors. This is 278% above median its historical median of 7.12. Over the past decade, Timex Group India's Interest Coverage has ranged from 0.03 to 20.16. According to the industry distribution chart, Timex Group India ranks #234 out of 824 companies in the Retail - Cyclical industry, placing it in the top 28.4%.
Is Timex Group India's Interest Coverage too high?
Timex Group India's current Interest Coverage of 26.88 is 278% above median its 10-year median of 7.12. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 20.16. The Retail - Cyclical industry median Interest Coverage is 7.94. Timex Group India's value of 26.88 is 238.5% above this industry median. Based on the distribution chart, Timex Group India ranks #234 out of 824 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Timex Group India has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Timex Group India's Interest Coverage compare to TPR?
According to the Retail - Cyclical industry distribution chart, Timex Group India ranks #234 out of 824 companies for Interest Coverage. This puts Timex Group India in the upper half of its industry. The industry median Interest Coverage is 7.94. Timex Group India's value of 26.88 is 238.5% above this benchmark. Historically, Timex Group India's own Interest Coverage has ranged from 0.03 to 20.16 over the past decade. While the company's 10-year median is 7.12 vs. the industry median of 7.94, Timex Group India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.94, based on 824 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Timex Group India's current Interest Coverage of 26.88 is 238.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Timex Group India and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Timex Group India's current Interest Coverage is 26.88, which is 278% above median its own 10-year median of 7.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Timex Group India stock overvalued right now?
Based on GuruFocus' analysis, Timex Group India (NSE:TIMEX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹348.35, compared to a current price of ₹534.70 — trading 53.5% above its estimated fair value. The current Interest Coverage is 26.88, which is 278% above median its 10-year median of 7.12 and 238.5% above the Retail - Cyclical industry median of 7.94. Timex Group India's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Timex Group India (NSE:TIMEX), the current Interest Coverage is 26.88 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Timex Group India (NSE:TIMEX) Overvalued in 2026?

Based on GuruFocus' analysis, Timex Group India stock appears to be overvalued. The current stock price of ₹534.70 is trading 53.5% above its estimated GF Value™ of ₹348.35. GuruFocus considers Timex Group India to be Significantly Overvalued.

Key valuation signals for NSE:TIMEX:

  • Interest Coverage: 26.88 (278% above median its 10-year median of 7.12)
  • GF Value™: ₹348.35 vs. price of ₹534.70 (53.5% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 238.5% above the Retail - Cyclical median (#234 of 824)

No single metric tells the full story. See the NSE:TIMEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Timex Group India Business Description

Other Exchanges 500414:India
Address C-1, Sector-16, 3rd Floor, World Trade Tower, Unit number 303, Tower-B, Noida, UP, IND, 201301
Timex Group India Ltd is an Indian company engaged in designing, manufacturing, and marketing timepieces and jewelry and rendering related after-sales services. Geographically, it derives a majority of its revenue from India. The company's brand includes Timex, Helix, and TMX. The company is mainly in the business of manufacturing and trading watches and rendering related after-sales services.
66GF Score

Get the complete analysis for NSE:TIMEX

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹534.70
Price
₹348.35
GF Value