Luxury Time Ltd
Incorporated in 2008, Luxury Time Limited is engaged in the distribution, marketing, retailing, and after-sales servicing of Swiss luxury watches, along with the distribution of watch service-related tools and equipment in India[1]
- Market Cap ₹ 57.1 Cr.
- Current Price ₹ 69.2
- High / Low ₹ 168 / 56.2
- Stock P/E 10.2
- Book Value ₹ 43.0
- Dividend Yield 0.00 %
- ROCE 28.3 %
- ROE 21.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 27.9% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 58.5 to 77.7 days.
- Working capital days have increased from 83.0 days to 123 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Gems, Jewellery And Watches
Part of BSE SME IPO
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 21.46 | 20.83 | 36.17 | 44.94 | 41.02 | 51.67 | 53.91 | |
| 20.08 | 21.55 | 33.85 | 43.29 | 38.29 | 47.99 | 47.09 | |
| Operating Profit | 1.38 | -0.72 | 2.32 | 1.65 | 2.73 | 3.68 | 6.82 |
| OPM % | 6.43% | -3.46% | 6.41% | 3.67% | 6.66% | 7.12% | 12.65% |
| 0.48 | 3.36 | 0.50 | 0.99 | 0.35 | 1.43 | 0.70 | |
| Interest | 0.16 | 0.14 | 0.28 | 0.21 | 0.32 | 0.23 | 0.15 |
| Depreciation | 0.19 | 0.18 | 0.14 | 0.12 | 0.08 | 0.03 | 0.11 |
| Profit before tax | 1.51 | 2.32 | 2.40 | 2.31 | 2.68 | 4.85 | 7.26 |
| Tax % | 28.48% | 29.31% | 29.17% | 27.71% | 25.00% | 31.13% | 22.59% |
| 1.08 | 1.64 | 1.70 | 1.67 | 2.01 | 3.35 | 5.62 | |
| EPS in Rs | 12.38 | 18.81 | 19.49 | 19.15 | 23.05 | 5.21 | 6.81 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 6% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 28% |
| 3 Years: | 50% |
| TTM: | 55% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 22% |
| Last Year: | 21% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.87 | 0.87 | 0.87 | 0.87 | 0.87 | 6.43 | 8.25 |
| Reserves | 4.33 | 5.98 | 7.68 | 9.35 | 11.38 | 10.42 | 27.27 |
| 1.06 | 1.28 | 1.89 | 2.05 | 3.12 | 0.00 | 0.00 | |
| 5.98 | 6.61 | 5.83 | 6.94 | 7.93 | 8.38 | 7.66 | |
| Total Liabilities | 12.24 | 14.74 | 16.27 | 19.21 | 23.30 | 25.23 | 43.18 |
| 0.27 | 0.18 | 0.22 | 0.16 | 0.09 | 0.07 | 0.46 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.00 | 1.00 | 1.75 | 1.75 | 2.75 | 2.75 | 2.80 |
| 10.97 | 13.56 | 14.30 | 17.30 | 20.46 | 22.41 | 39.92 | |
| Total Assets | 12.24 | 14.74 | 16.27 | 19.21 | 23.30 | 25.23 | 43.18 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 2.47 | 1.25 | 1.24 | |||||
| -1.01 | 0.00 | -13.42 | |||||
| 0.77 | -1.89 | 12.76 | |||||
| Net Cash Flow | 2.23 | -0.64 | 0.59 | ||||
| Free Cash Flow | 2.46 | 1.23 | 0.87 | ||||
| CFO/OP | 116% | 58% | 48% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 68.37 | 151.57 | 81.44 | 53.20 | 51.96 | 45.70 | 77.73 |
| Inventory Days | 105.12 | 74.10 | 33.71 | 74.82 | 106.91 | 91.57 | 106.12 |
| Days Payable | 126.33 | 110.37 | 48.09 | 61.13 | 67.49 | 55.06 | 71.62 |
| Cash Conversion Cycle | 47.16 | 115.31 | 67.06 | 66.89 | 91.38 | 82.21 | 112.22 |
| Working Capital Days | 27.89 | 79.38 | 36.23 | 52.71 | 47.69 | 77.99 | 123.36 |
| ROCE % | 34.19% | 28.86% | 22.19% | 21.71% | 34.02% | 28.30% |
Insights
In beta| Mar 2020 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Retail Points of Sale (POS) Number |
|
|||
| Revenue Share - After-Sales Services Percentage |
||||
| Service Centers Number |
||||
| Average Selling Price (ASP) - Brand Portfolio INR Lakhs |
||||
Extracted by Screener AI
Documents
Announcements
-
Non-Applicability Of Annual Disclosure To Be Made By An Entity Identified As A Large Corporate As Per SEBI Circular SEBI/HO/DDHS/P/CIR/2021/613 Dated August 10 2021 - Fund Raising By Issuance Of Debt Securities By Large Entities For The Financial Year 202
15 May - Luxury Time confirms it is not a large corporate; annual disclosure for FY2025-26 not required.
-
Approval And Updation Of Policy On Related Party Transactions
Under Regulation 23 Of SEBI (LODR) Regulations 2015
15 May - Board approved revised Related Party Transactions policy under Regulation 23; effective 1 March 2025.
-
Adoption Of Code Of Fair Disclosure Under Regulation 8 Of SEBI (Prohibition Of Insider Trading) Regulations 2015
15 May - Board adopted Code of Fair Disclosure under SEBI PIT Regulations on 15 May 2026.
-
Statement Of Deviation Or Variation
15 May - Reported no deviation in utilisation of INR 14.99 crore IPO proceeds for quarter ended March 31, 2026.
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
15 May - Brickwork report for quarter ended March 31, 2026 shows no deviation; ₹18.73 crore IPO proceeds pending utilization.
Business Profile[1]
Luxury Time Limited is a New Delhi–based distributor, marketer, retailer, and after-sales service provider for Swiss luxury watches in India. It also runs luxury mono-brand boutiques through a joint venture with an Indian listed luxury watch retailer. The business spans B2B distribution, D2C retail, e-commerce, servicing, branding support, and tools distribution.