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.
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 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.
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.
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 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.
Titan's employee stock option trust transferred 19,385 shares worth Rs.8.40 Crore to eligible employees after PSU exercise. The off-market transfer was disclosed under PIT Reg 7(2).
Titan Company Ltd incorporated Titan Company Canada Inc. as a 100% WOS for jewellery retailing in Canada. Nominal share capital is CAD 5,000 with no prior operations.
Titan Company will hold a board meeting on 5th November 2026 to consider and approve its unaudited financial results for the quarter ended 30th September 2026.
Titan Company Limited redeemed Commercial Papers worth ₹825 Crore on 8th October 2026. This confirms the repayment of maturity proceeds to all holders.
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.
Titan Company issued a Postal Ballot Notice seeking shareholder approval for appointing two directors and implementing the 'Performance Based Stock Unit Scheme, 2026'.
Titan reports strong all-round growth in Q1FY27. Consolidated results were boosted by ₹407Cr customs duty gains, leading to a normalized Jewellery EBIT margin of 10.9%.
Titan Company Limited submitted a quarterly certificate confirming the utilization of Commercial Paper proceeds for the quarter ended June 30, 2026, in compliance with SEBI regulations.
Titan delivered robust Q1FY27 performance with 40% YoY consumer business growth, driven by strong jewelry demand and premiumization in watches, despite customs duty headwinds.
CARE Ratings reaffirmed Titan Company Limited's ratings, including CARE A1+ for its enhanced Rs. 7,500 Crore Commercial Paper. Bank facilities worth Rs. 17,015 Crore were also reaffirmed.
Titan Company held its 42nd Annual General Meeting on 27th July 2026 via video conferencing. The meeting transacted business as per the notice provided to shareholders.
Management introduces 'Beyond' LGD brand to capture younger, fashion-forward consumers amidst a commoditizing market. The call pivots from core jewelry financials to strategy for this new, high-growth but margin-volatile segment.
Titan Company will hold a board meeting on August 7, 2026. The board will consider and approve unaudited financial results for the quarter ended June 2026.