ALFA Finder| Management target | Revenue FY30 |
|---|
| Revenue growth | Strong growth across all brands and subsidiaries. |
|---|---|
| Margins | Normalized jewellery EBIT at 10.9%; 11% cited as 'center of gravity'. |
| Demand visibility | Positive sentiment post-Adhik Maas; June saw strong recovery. |
| Management confidence | High; targeting aggressive double-digit growth. |
Growth
Strong volume and buyer growth across businesses. Reported 30% plus LFL growth; jewellery buyer growth at 5%.
Outlook
Management maintains FY30 long-term targets, aiming for double-digit aggressive growth in jewellery value and market share.
Risks
Gold price volatility and geopolitical uncertainty impacting international operations like Damas. Potential 80 bps MTM margin reversal.
Last quarter's promises, checked
Delivered
- Guided 15-20% jewelry growth → delivered 30% LFL growth (= BEAT)
- Targeted 10-12 LGD stores → delivered expansion underway (= BEAT)
- Guided 11-11.5% TMZ margin → delivered 10.9% normalized (= BEAT)
Partly delivered
- Guided 50-60 bps market share gain → delivered strong growth (= PARTIAL)
Missed
- Guided GCC profitability → delivered regional war impact/loss (= MISS)
Investor Presentation filed with BSE, NSE: TITAN. Summary written with AI assistance from the document.
Titan Company Ltd: key numbers
- Share price
- ₹5,010.00
- Market cap
- ₹4,44,781 Cr
- Revenue (annual)
- ₹87,584 Cr
- Net profit (annual)
- ₹5,073 Cr
- P/E (TTM)
- 63.2×Sector 48.2×
- Promoter holding
- 52.90%+0.00% QoQ
- FII holding
- 16.37%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Titan Company Ltd
All →Titan Company Earnings Call Transcript: Key Takeaways
Consolidated growth called 'fantastic', but jewellery margin of 11.1% is normalized and excludes ₹490 Cr duty gain and ₹671 Cr Damas write-back. TMZ buyer growth flat; festive soft; October undisclosed.
Titan Company Management Change
Noel N. Tata retires as Vice-Chairman and non-executive director of Titan effective November 12, 2026, per Tata Group governance guidelines. Regulation 30 details filed in Annexure A.
Titan Company Debt & Borrowing: ₹1,600 Cr
Titan Company fully redeemed commercial paper of ₹1,600 crore issued on 7 August 2026, with maturity proceeds paid to holders on 5 November 2026. This is a debt servicing event under SEBI's CP listing rules.
- Value
- ₹1,600 Cr
Titan Company Debt & Borrowing
Titan certified that its commercial paper proceeds were used as disclosed and listing conditions are met. The certificate covers CP issued up to September 2026.
Titan Company Investor Presentation: Key Takeaways
Q2FY27 consolidated total income ₹20,533 cr (+25.1% YoY) and EBIT ₹2,865 cr (14.0% margin, +59.3%). Jewellery, Watches and EyeCare all grew; ₹490 cr one-time customs benefit in Jewellery.
Titan Company Q2 FY27 Results: Net Profit ₹2,393 Cr, Up 113.7% YoY
Titan Company Ltd reported revenue from operations of ₹20,614 Cr (+10.1% YoY) and net profit of ₹2,393 Cr (+113.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹2,393 Cr · +113.7% YoY