What we do Foce India Ltd markets and retails a wide range of wrist watches under its 'FOCE' brand, along with corporate gifting products and ornamental accessories primarily in India. |
Founded in 2,001 |
Market share A key player in the mid-range wristwatch segment with presence across 128 retail stores and growing e-commerce platform in India. |
Problem solved Enables access to fashionable and quality wristwatches and corporate gifting solutions, addressing customer demand for mid-range luxury watches with reliable after-sales service. |
Top clients or who we serve Broad B2C retail customer base across metros and Tier I & II cities in India; corporate clients for gifting solutions. |
Key management - |
Our journey and innovations Incorporated in 2001, converted to public limited in 2021; expanded retail footprint and launched e-commerce platform for digital sales. |
Where we operate India primarily, including metros and Tier I & II cities through retail and online channels. |
Top products or what we offer Analog, digital, chronograph, designer wristwatches and corporate gifting items including clocks, belts, ties, wallets, pens. |
Top brands FOCE brand watches - recognized mid-range brand with quality assurance and emerging digital presence, supported by group-affiliated manufacturing units. |
Raw materials needed Watch components such as dials, movements, clasps, crystals sourced from multiple suppliers. |
Raw materials supplier Main manufacturing through group concern M/s Foce Industries, sourcing components from various vendors. |
Recurring vs cyclical contribution Primarily cyclical via retail sales with growing recurring service and corporate gifting revenue. |
Our industry position Significant presence in mid-range watch retail with expanding distribution and brand recognition in India. |
Financial highlights Consolidated revenue Rs 104.25 crore and net profit Rs 14.4 crore for FY 2024-25, demonstrating steady growth. |
Geographical revenue split Majority revenue from Indian market, across urban centers via stores and e-commerce. |
Order book - |
Whats driving growth Increased retail store expansion, digital e-commerce adoption, and corporate gifting demand driving growth. |
Our future plans Enhance e-commerce platform, expand retail footprint, and strengthen brand presence across India. |
Our green promise - |
Our people and values Committed to ethical business, diverse workforce, and customer satisfaction through quality assurance. |
Key challenges ahead Competition from larger brands, supply chain disruptions, and changing consumer preferences. |
Interesting facts First retail watch store opened in Mumbai in 2001; unique diamond-embedded dial customization available. |
Risks and strategy Risks from market competition and supply chain mitigated by quality control, digital expansion, and diversified offerings. |
