If the watch has dirt in the movement, dropping it can dislodge the dirt to a more important part of the movement, more likely in the train wheels. Sometimes a screw works loose or shears off into the movement. Anyhow, you need to dismantle the whole movement check for wear and broken parts and clean, oil and test it for time keeping. Back in the 70’s and 80’s Seiko recommended changing the barrel complete (I think every 5 or 7 years) today because many parts are obsolete, just remove the cap, arbor and spring and clean all in the cleaning machine.