| Revenue growth | Consolidated growth called 'fantastic'; no figure stated. |
|---|---|
| Margins | Jewellery normalized 11.1%; Caratlane pressured, targets 8-9% recovery. |
| Demand visibility | Festive soft mid-season; investment buying weak; studded strong; October undisclosed. |
| Management confidence | Optimistic on headline; hedged on festive, October sales, and margins. |
Growth
Revenue figure not stated; buyer growth flat; ₹490 Cr jewellery and ₹46 Cr Caratlane duty gains inflate reported profit.
Outlook
Jewellery margin anchored ~11% for FY27; Caratlane EBIT margin to rise from 8-9% over next couple of years.
Risks
Gold discounting and grey-channel competition pressure realisation; Caratlane margin reportedly ~6.5%; October sales withheld.
Earnings Call Transcript filed with NSE, NSE: TITAN. Summary written with AI assistance from the document.
Titan Company Ltd: key numbers
- Share price
- ₹4,834.60
- Market cap
- ₹4,29,209 Cr
- Revenue (annual)
- ₹87,584 Cr
- Net profit (annual)
- ₹5,073 Cr
- P/E (TTM)
- 74.5×Sector 34.2×
- 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 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
Titan Company Board Meeting Date
Titan Company intimated a board meeting on 5 November 2026 to consider a fund raise. The proposal is issuance of rated, listed, unsecured NCDs on a private placement basis.