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 ₹ 49.2 Cr.
- Current Price ₹ 59.6
- High / Low ₹ 168 / 56.2
- Stock P/E 8.75
- 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 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| After-Sales Services Revenue Share % |
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| Delhi Revenue Share % |
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| Direct-to-Consumer (D2C) & E-commerce Revenue Share % |
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| Maharashtra Revenue Share % |
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| Top 1 Customer Concentration % |
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| Top 10 Customer Concentration % |
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| Top Supplier Concentration (Single Swiss Company) % |
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| Watch Distribution (B2B) Revenue Share % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- MCA compounded non-filing of JV consolidated financials for FY20-24; ₹1 lakh/year fee on two directors.
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Board Meeting Intimation for For Appointment Of Auditor, Approval The Board Report And To Consider And Approve The Proposal For Variation In The Objects Of Utilisation Of The Proceeds Raised Through The Initial Public Offer (IPO) Of The Company.
- Board meeting on 14 Aug 2026 to approve reports, AGM, auditor changes, and IPO proceeds variation.
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Closure of Trading Window
- Trading window closes from 6 Aug 2026; board meets 14 Aug on IPO proceeds variation.
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Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
- S A R N U M & CO. LLP resigned as statutory auditor effective 25 July 2026.
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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
- Luxury Time confirms it is not a large corporate; annual disclosure for FY2025-26 not required.
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.