1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Luxury Goods
Titan Company Limited

Titan Company Limited

TITAN.BO
Titan Company LimitedIN flagBombay Stock Exchange
4,602.65
INR
+117.55
- -
4.08TMarket Cap
Titan Company Limited
TITAN.BO
(Bombay Stock Exchange)

Recent

price

4,602.65

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
73.59
99.57
114.17
123.15
134.11
126.8
149.12
181.41
222.17
236.27
243.37
323.68
455.59
573.99
644.21
865.76
673.46
Revenue per Share
4.88
6.77
8.17
8.28
9.19
7.6
8.01
12.73
15.82
16.91
10.96
24.48
36.61
39.4
37.62
57.19
41.86
Basic EPS, GAAP
11.13
0.13
4.33
-8.65
3.3
3.62
16.4
-4.01
11.02
-7.92
44.98
-10.68
10.57
11.31
-11.67
52.85
- -
Free Cash Flow per Basic Share
0.75
1.24
1.74
2.09
2.09
4.44
0.04
3.12
4.48
6.04
4
4
7.5
10.01
11
11
- -
Dividend per Share
5.48
8.29
10.42
11.55
12.65
12.09
14.4
21.18
32.08
41.45
48.42
68.9
98.01
73.34
99.97
1
- -
Book Value per Share
11.51
16.22
21.99
28.26
34.62
39.27
44.21
53.38
64.44
70.7
80.23
100.98
129.81
100.92
126.03
155.71
- -
Tangible Book Value per Share
888
888
888
888
888
888
888
888
888
888
888
888
888
887
887
887
887
Basic Weighted Avg Shares
65,331
88,394
101,360
109,334
119,058
112,574
132,389
161,057
197,237
209,760
216,060
287,360
404,470
509,360
571,430
767,970
597,340
Sales/Revenue/Turnover
9.76
9.1
9.53
9.16
9.23
7.88
8.05
9.42
10.05
10.38
9.84
10.34
11.08
9.27
8.75
9.8
9.31
Operating Margin (%)
351
456
562
676
896
982
1,105
1,314
1,628
3,480
3,760
3,990
4,410
5,840
6,930
8,260
7,130
Depreciation Expense
4,331
6,014
7,254
7,349
8,163
6,745
7,115
11,301
14,042
15,010
9,730
21,730
32,500
34,960
33,370
50,730
37,130
Net Income, GAAP
28.2
28.43
27.97
27.24
22.18
22.07
28.36
27.97
29.04
28.97
26.6
24.31
26.38
24.38
26.42
25.41
26.36
Effective Tax Rate (%)
6.63
6.8
7.16
6.72
6.86
5.99
5.37
7.02
7.12
7.16
4.5
7.56
8.04
6.86
5.84
6.61
6.22
Profit Margin (%)
6,635
9,833
13,450
17,192
21,538
24,117
27,080
32,856
41,254
44,930
54,830
69,420
91,430
90,790
86,410
109,880
- -
Working Capital
95
59
- -
- -
- -
- -
- -
- -
317
10,730
10,680
11,400
16,070
53,340
29,130
28,050
- -
LT Debt
10,356
14,609
19,699
25,227
30,839
35,063
42,587
50,881
60,842
66,730
75,020
93,330
119,040
93,930
116,240
157,030
- -
Total Equity
49.49
45.03
39.54
27.14
26.02
20.13
15.56
16.86
18.39
16.49
13.3
15.04
17.35
15.43
12.82
14.26
- -
Return on Invested Capital (%)
102.5
101.77
90.83
57.16
56.07
58.66
34.18
35.31
33.03
26.03
13.04
19.8
21.85
19.74
15.63
19.73
32.03
Return on Capital (%)
106.87
98.42
87.38
75.36
75.98
61.44
60.51
71.54
59.39
45.99
24.39
41.72
43.87
45.97
43.41
113.27
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
178,640
- -
LT Borrowings
- -
5,950
- -
LT Finance Leases
- -
23,180
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
887
- -
Market Capitalization
2,886,025
2,717,591
3,272,224

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
344,340
- -
Cash, Cash Equivalents & STI
- -
24,130
- -
Accounts Receivable, Net
- -
10,680
- -
Inventories
- -
281,840
- -
Total Current Liabilities
- -
257,930
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
178,640
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.23%
17.94%
35.09%
Free Cash Flow
-205.81%
-214.34%
-552.95%
Net Income, GAAP
28.82%
45.59%
52.02%
Sales/Revenue/Turnover
21.73%
29.25%
34.39%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
108,510
107,080
139,630
154,140
509,360
2025
122,230
134,730
175,500
138,970
571,430
2026
148,140
249,150
206,070
- -
767,970

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8.48
10.31
11.91
- -
39.4
2025
8.06
7.94
11.8
9.82
37.62
2026
12.3
18.98
13.38
- -
57.19

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
10.01
2025
- -
- -
- -
- -
11
2026
- -
- -
- -
- -
11
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Business
Titan Company Limited, an Indian lifestyle company and part of the Tata Group, manufactures and retails a diverse portfolio of fashion accessories and consumer products including watches and wearables under brands such as Titan, Fastrack, Sonata, Zoop, Edge, Xylys, Raga, Nebula, and Helios; jewellery through Tanishq, Zoya, Mia, and CaratLane; eyewear via Titan Eyeplus and Fastrack Eyecare; Indian dresswear with Taneira; fragrances and fashion accessories including Skinn, Titan belts and wallets, Fastrack bags, and IRTH; as well as precision engineering and automation solutions through its wholly owned subsidiary Titan Engineering and Automation Limited. Founded in 1984 and headquartered in Electronic City, Bangalore, with a registered office in Hosur, Tamil Nadu, the company operates over 2,000 stores across India and has expanded internationally with Tanishq outlets in the United States, Dubai, and Singapore, alongside presence in the GCC region, North America, Europe, the Middle East, and Asia Pacific. Recent developments include the full acquisition of CaratLane in 2024, enhancing its online jewellery capabilities; the establishment of step-down subsidiary Signature Jewellery Holding Limited in the UAE in October 2025 as part of a $283 million deal to acquire 67% of Damas LLC's jewellery business in GCC countries, with remaining stake planned post-2029; a strategic supply partnership with Ashapuri Gold Ornament for gold jewellery effective August 2024; launches of eco-friendly watches, smart glasses, and upgraded Fastrack wearables; aggressive store expansions reaching 500 Tanishq outlets in India and 15 in the US; and strong festive sales growth in 2024 alongside investments in manufacturing capacity.