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Titan Company Ltd share price logo

Titan Company Ltd

(TITAN)

₹3356.250.02%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Titan Company Ltd Analyst Rating

based on 33 analysts

BUY

51.52%

Buy

33.33%

Hold

15.15%

Sell

Based on 33 analysts offering long term price targets for Titan Company Ltd. An average target of ₹3678.58

Source: S&P Global Market Intelligence

Titan Company Ltd Share analysis

Titan Company Ltd price forecast by 33 analysts

Upside of9.58%

High

₹5000

Target

₹3678.58

Low

₹2758

Titan Company Ltd target price ₹3678.58, a slight upside of 9.58% compared to current price of ₹3356.25. According to 33 analysts rating.

Source: S&P Global Market Intelligence

Titan Company Ltd Performance

  • Day's Low

    Day's High

    ₹3,333.15
    Day's Price Range
    ₹3,419
  • 52 Week's Low

    52 Week's High

    ₹3,055.65
    52-Week Price Range
    ₹3,886.95
1 Month Return+ 5.61 %
3 Month Return-12.13 %
1 Year Return-6.23 %
Previous Close₹3,356.85
Open₹3,350.00
Volume12.36L
Upper Circuit-
Lower Circuit-
Market Cap₹3,02,015.97Cr

Titan Company Ltd Key Statistics

P/E Ratio91.69
PEG Ratio-158.09
Market Cap₹3,02,015.97 Cr
P/B Ratio23.42
EPS39.28
Dividend Yield0.29
SectorDiamond, Gems and Jewellery
ROE26.8

Titan Company Ltd stock Key Stats

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹3,02,015.97 Cr35.53%0.74₹3,496 Cr₹51,084 Cr

About Titan Company Ltd

Titan Company Ltd is an Indian lifestyle company established in 1984 by Tata Group. It is headquartered in Bangalore, India and is the fifth-largest integrated own brand watch manufacturer in the world.

Titan Company Ltd operates in four business lines - Watches, Jewellery, Eyewear and Accessories. It also has a presence in the retail and e-commerce sectors. The company's top products include watches, jewellery, sunglasses, bags, wallets, and accessories. It runs popular brands such as Titan, Fastrack, Sonata, Tanishq, Zoya, and many more.

Titan Company Ltd has more than 5,000 retail stores located in over 2,200 cities and towns in India. It has also established a strong presence in the global market, with its products being sold in over 30 countries worldwide. The company has also acquired several international brands such as CaratLane, Skagen, and Helios.

Share Price: ₹3356.25 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹3,02,015.97Cr as of today
Revenue: ₹13,473.00Cr as on September 2024 (Q3 24)
Net Profit: ₹704.00Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: N N Tata
OrganisationTitan Company Ltd
HeadquartersBangalore
IndustryDiamond, Gems and Jewellery
E-voting on sharesClick here to vote
Fastrack Share Price
Zoop Share Price
Tanishq watch Share Price
Sonata Share Price
Tanishq Jewellery Share Price
Titan Watches Share Price

Key events for Titan Company Ltd

  • Titan Launches Unity Watch Celebrating Space Odyssey - 20 Dec, 2024

    Titan Company Ltd has launched the Unity Watch, a limited-edition timepiece inspired by Rakesh Sharma's space journey. Featuring a midnight blue dial and a rocket-shaped second hand, this watch symbolizes India's progress and innovation. Crafted entirely in-house, it reflects Titan's commitment to the Make in India initiative.
  • Titan Company Expands Premium Offerings and Retail Strategy - 19 Dec, 2024

    Titan Company is focusing on premiumisation, with premium watches contributing 15-18% of revenue. Plans include opening six Helios Luxe outlets to enhance growth in travel retail.
  • Titan Stock Faces Target Cuts Amid Support Signals - 18 Dec, 2024

    Titan Company Ltd's stock showed support above the 100-day EMA after an 11% decline. However, brokerages reduced target prices following a margin guidance cut for FY25.
  • Titan Company Faces Profit Decline but Expands Luxury Segment - 12 Dec, 2024

    Titan Company reported a 25% decline in net profit for Q2FY25, yet remains a top pick by Macquarie. Its luxury brand Zoya targets ₹400 crore revenue and plans to open 20 new stores, indicating growth potential in the luxury jewellery market.
  • Titan Company Drives Growth Through Premiumisation - 05 Dec, 2024

    Titan Company is experiencing growth in its analog watch business, driven by premiumisation and product innovation. The company plans to strengthen its wearables segment over the next 12-18 months, focusing on design and customer needs. Limited-edition timepieces are being launched, reflecting strong demand in the premium segment.
  • Titan Company Aims for Double-Digit Growth in Diamonds - 03 Dec, 2024

    Titan Company, through its Tanishq brand, targets higher double-digit growth in diamond-studded jewellery sales, leveraging a partnership with De Beers to enhance market penetration in India, currently at only 8.9%.
  • Titan Faces Profit Decline Amid Diamond Quality Initiatives - 02 Dec, 2024

    Titan Company faces a 15% decline in net profit attributed to reduced customs duties and demand slowdown. Tanishq plans to enhance consumer confidence with diamond-testing machines.
  • Titan Company Faces Challenges Amid Wedding Season - 30 Nov, 2024

    Titan Company, a Tata Group jewelry and watch retailer, is focusing on its brands during the wedding season. However, its shares have underperformed in 2024, down approximately 13%.
  • Titan Company Expands Market Presence and Sustainability Initiatives - 29 Nov, 2024

    Titan Company Ltd is enhancing its market presence by introducing Charriol watches, launching a bio-gas project for farmers, and implementing De Beers technology for diamond verification, aiming to boost consumer confidence and expand the diamond market.
  • Titan Focuses on Premium and Fashion Growth Strategies - 28 Nov, 2024

    Titan Company Ltd is leveraging premium offerings and fashion trends to drive growth in its watch division, achieving 19% revenue growth in Q2FY24. CEO Suparna Mitra is optimistic about sustaining double-digit growth, supported by strong sales during the festive and wedding seasons, despite some economic slowdown. The luxury brand Charriol is positioned as a niche offering, available in select stores to cater to high-end consumers.
  • Titan Company Focuses on Growth Amid Gold Price Cuts - 27 Nov, 2024

    Titan Company is addressing margin pressures through innovation and expansion, while the recent cut in gold import duty is expected to boost demand. The company is also focusing on lab-grown diamonds for growth and has expanded its global presence with new stores.
  • Titan Shares Surge Amid Rising Jewellery Demand - 26 Nov, 2024

    Titan Company's share price jumped ₹20.90 in early trading, significantly increasing Rekha Jhunjhunwala's net worth. The rising demand for wedding jewellery is expected to sustain Titan's competitive advantage in the coming quarters.
  • Titan Company Shows Growth Amid Increased Investment - 22 Nov, 2024

    Titan Company demonstrates strong growth with impressive sales and profit CAGR. Increased wedding spending presents growth opportunities, while Elpro International boosts its stake in Titan.

Insights on Titan Company Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 5.63% to 6.20% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 18.20% to 18.21% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 12.65K Cr → 14.65K Cr (in ₹), with an average increase of 7.1% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Safari Industries India Ltd has given 533.7% return, outperforming this stock by 481.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Page Industries Ltd has given 30.1% return, outperforming this stock by 35.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 52.90% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 4 quarters, 1.05K Cr → 704.0 Cr (in ₹), with an average decrease of 11.9% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 17.94% to 17.32% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, TITAN stock has moved down by -10.0%

News

Out and Underperformers: Nifty Stocks Performance in 2024

In a year with gold prices up over 20%, Titan has underperformed due to higher input costs causing a margin decline of 1.4% in H1 FY25 as compared to last year, significant inventory losses from higher customs duties, and increased competition from local and regional jewellery players.20 Dec, 2024 06:39 PM

Titan Launches Unity Watch Inspired by Rakesh Sharma's Space Journey

Titan has paid tribute to this milestone with the launch of a special limited-edition timepiece — the Unity Watch. The Unity Watch, inspired by Sharma's journey, is a testament to Titan's craftsmanship and innovation. The watch's midnight blue dial features a detailed image of India as seen from space, symbolizing the awe and beauty of our planet. Its hour markers are painted in vibrant saffron, white, and green, paying homage to the Indian tricolour. A unique second hand, shaped like a rocket, reflects the spirit of space exploration. This concealed automatic timepiece is a first for Titan, blending precision engineering with elegance. Rahul Shukla, Vice President and Chief Sales & Marketing Officer of Titan Watches, highlighted the significance of this creation. For 40 years, Titan has embodied the essence of India in every timepiece we design. The Unity Watch is a celebration of our country's progress and innovation, crafted entirely by our in-house team as a proud Make in India initiative.20 Dec, 2024 04:41 PM

Titan's Expansion Strategy Driven by Premiumisation and Retail Trends

Banking on the premiumisation trend and increased opportunities in travel retail, Titans multi-brand retailer Helios has plans to open six exclusive outlets this financial year and grow them to over 30 in the next two years. Helios Luxe – a boutique destination offering from the brand will only house merchandise over Rs 25,000, including both international brands and Titan timepieces, like the newly launched limited-edition Unity watch, inspired by the 40th anniversary of Wing Commander Rakesh Sharmas voyage in space priced at Rs 35,000. Each of these Helios Luxe stores will attract an investment of Rs 3.5 crore and will open at destinations like T1 Delhi airport, Goa airport, Hyderabad airport and Koramangala in Bengaluru. Titans FastTrack brand will also be coming out with premium offerings. The 40-year-old companys watches and wearables segment, says Shukla, has grown faster than the category. According to its annual report, revenue from the watches and wearables division rose 18.4 per cent in FY24 to Rs 3,904 crore. We have in fact seen an increase in analogue watches, which grew by 26 per cent in the second quarter, far above the overall watches and wearables segment which grew at 19 per cent. Within analogue too, we saw Titan watches grow at 32 per cent. There is a clear premiumisation seen also in Helios performance, which grew by 43 per cent in the same period.19 Dec, 2024 10:43 PM
View More

Titan Company Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹10,708.00Cr (-)₹13,963.00Cr (↑30.40%)₹11,229.00Cr (↓19.58%)₹12,223.00Cr (↑8.85%)₹13,473.00Cr (↑10.23%)
Net Income₹916.00Cr (-)₹1,053.00Cr (↑14.96%)₹771.00Cr (↓26.78%)₹715.00Cr (↓7.26%)₹704.00Cr (↓1.54%)
Net Profit Margin8.55% (-)7.54% (↓11.81%)6.87% (↓8.89%)5.85% (↓14.85%)5.23% (↓10.60%)
Value in ₹ crore
Details2021202220232024
Total Assets₹15,876.00Cr (-)₹20,143.00Cr (↑26.88%)₹25,090.00Cr (↑24.56%)₹32,866.00Cr (↑30.99%)
Total Liabilities₹8,323.00Cr (-)₹10,770.00Cr (↑29.40%)₹13,096.00Cr (↑21.60%)₹18,409.00Cr (↑40.57%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹289.00Cr (-)₹4,101.00Cr (↓1,519.03%)-₹1,126.00Cr (↓127.46%)₹1,810.00Cr (↓260.75%)₹2,030.00Cr (↑12.15%)

Index Inclusions

S&P BSE Consumer Durables

₹64,219.04

-1.55 (-1014.3%)

SENSEX

₹78,041.59

-1.49 (-1176.46%)

BSE 100

₹25,006.81

-1.76 (-448.2%)

Nifty100 Eq Weig

₹31,223.95

-2.18 (-694.7%)

Nifty Consumer Durables

₹41,304.65

-1.58 (-663.45%)

Nifty India Consumption

₹11,234.05

-1.66 (-190%)

S&P BSE Dividend Stability

₹986.07

-1.98 (-19.95%)

Nifty100 Low Volatility 30

₹19,152.95

-1.08 (-208.85%)

S&P BSE 100 ESG

₹392.41

-1.54 (-6.13%)

S&P BSE 100 LargeCap TMC

₹8,809.09

-1.77 (-158.49%)

Nifty 200

₹13,373.90

-1.94 (-264.25%)

BSE 200

₹10,905.86

-1.89 (-210.17%)

NIFTY 100

₹24,448.85

-1.75 (-436.1%)

S&P BSE SENSEX 50

₹24,813.30

-1.55 (-390.31%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

NIFTY 50

₹23,587.50

-1.52 (-364.2%)

S&P BSE Largecap

₹9,171.23

-1.78 (-165.83%)

S&P BSE 250 LargeMidCap

₹10,353.28

-1.89 (-199.23%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

Nifty LargeMidcap 250

₹15,666.00

-2.09 (-334.75%)

S&P BSE Low Volatility

₹1,752.15

-1.15 (-20.41%)

BSE MFG

₹979.21

-1.63 (-16.19%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Titan Company Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
52.9%
0.00
Foreign Institutions
18.21%
0.10
Mutual Funds
6.2%
10.07
Retail Investors
17.32%
-3.44
Others
5.37%
0.60

Titan Company Ltd Key Indicators

Details20202021202220232024
Book Value Per Share (₹)74.9384.24104.53133.16105.54
Details20202021202220232024
Earning Per Share (₹)16.7810.9424.736.7939.28
Details20202021202220232024
Return On Equity %23.3313.5625.7631.226.8
Details20202021202220232024
Return On Assets %11.366.1310.7912.9510.64

Titan Company Ltd Valuation

Titan Company Ltd in the last 5 years

  • Overview

  • Trends

Lowest (47.14x)

March 23, 2020

Today (91.69x)

December 19, 2024

Industry (127.54x)

December 19, 2024

Highest (188.88x)

December 30, 2020

LowHigh

Titan Company Ltd Earnings and Dividends

  • Titan Company Ltd Earnings Results

    Titan Company Ltd’s net profit fell -23.06% since last year same period to ₹704Cr in the Q2 2024-2025. On a quarterly growth basis, Titan Company Ltd has generated -1.54% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Titan Company Ltd Dividends May,2024

    In the quarter ending March 2024, Titan Company Ltd has declared dividend of ₹11 - translating a dividend yield of 0.63%.

    Read More about Dividends

Titan Company Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Titan Company Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Titan Company Ltd (TITAN) share price today is ₹3356.25

Titan Company Ltd is listed on NSE

Titan Company Ltd is listed on BSE

  • Today’s highest price of Titan Company Ltd is ₹3419.
  • Today’s lowest price of Titan Company Ltd is ₹3333.15.

PE Ratio of Titan Company Ltd is 91.69

PE ratio = Titan Company Ltd Market price per share / Titan Company Ltd Earnings per share

Today’s traded volume of Titan Company Ltd(TITAN) is 12.36L.

Today’s market capitalisation of Titan Company Ltd(TITAN) is ₹302015.97Cr.

Titan Company Ltd(TITANPrice
52 Week High
₹3886.95
52 Week Low
₹3055.65

Titan Company Ltd(TITAN) share price is ₹3356.25. It is down -13.65% from its 52 Week High price of ₹3886.95

Titan Company Ltd(TITAN) share price is ₹3356.25. It is up 9.84% from its 52 Week Low price of ₹3055.65

Titan Company Ltd(TITANReturns
1 Day Returns
-0.6%
1 Month Returns
5.61%
3 Month Returns
-12.13%
1 Year Returns
-6.23%