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Earnings Call

Titan Company Earnings Call: Key Takeaways

Titan delivered landmark FY26 results, crossing ₹75,000cr income with ₹5,100cr PAT. Management highlighted strong premiumization in Watches and market share gains in Jewellery.

Highlights
Revenue growthFY26 revenue up 32.7%; Q4FY26 domestic jewellery up 46.1%.
MarginsConsolidated EBIT margin at 10.6% for FY26 vs 9.6% FY25.
Demand visibilityStrong 'Festival of Diamonds' and resurgent buyer interest (8% growth).
Management confidenceMD Mr. Ajoy Chawla expresses optimism for FY27 growth.

Growth

FY26 Consolidated Revenue grew 32.7% YoY to ₹76,078cr; Consolidated EBIT grew 47.3% YoY to ₹8,082cr.

Outlook

FY27 outlook optimistic despite macro volatility; continued focus on store expansion (3,603 stores reached) and international presence.

Risks

Fragile geopolitical situations in GCC affecting international operations and macro volatility impacting consumer demand.

Source

Earnings Call filed with BSE, NSE: TITAN. Summary written with AI assistance from the document.

Read the document ↗

Titan Company Ltd: key numbers

Share price
₹4,884.00
Market cap
₹4,33,595 Cr
Revenue (annual)
₹87,584 Cr
Net profit (annual)
₹5,073 Cr
P/E (TTM)
75.3×Sector 55.7×
Promoter holding
52.90%+0.00% QoQ
FII holding
15.39%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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15:12 IST BSE
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Titan Employee Stock Option Trust acquired 5,71,297 shares worth ₹280.66 Crore through market purchase. The acquisition facilitates share transfers to employees upon exercising Performance Stock Units.

Value
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Titan Company Employee Stock Options

Titan Company Limited has granted 7,35,550 Performance Stock Units (PSUs) to eligible employees under its 2026 scheme. No fresh shares will be issued.

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Titan Company Annual General Meeting

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Titan Company Credit Rating

Titan Company Limited announced that CARE Ratings reaffirmed the credit ratings for its commercial paper and various bank facilities.

14:51 IST BSE
Employee Stock Options

Titan Company Employee Stock Options

Titan Employee Stock Option Trust transferred 26,033 shares to eligible employees worth Rs.13.02 Crore upon the exercise of performance stock units.

Value
₹13.02 Cr
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Debt & Borrowing

Titan Company Debt & Borrowing: ₹1,000 Cr

Titan Company Limited has successfully redeemed Commercial Papers (CPs) worth ₹1,000 Crore. The maturity proceeds were duly paid to all holders on the redemption date.

Value
₹1,000 Cr