View ValuationTitan 향후 성장Future 기준 점검 4/6Titan (는) 각각 연간 18.4% 및 12.2% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 16.7% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 26.2% 로 예상됩니다.핵심 정보18.4%이익 성장률16.71%EPS 성장률Luxury 이익 성장20.1%매출 성장률12.2%향후 자기자본이익률26.18%애널리스트 커버리지Good마지막 업데이트21 May 2026최근 향후 성장 업데이트분석 기사 • May 12Revenue Beat: Titan Company Limited Exceeded Revenue Forecasts By 11% And Analysts Are Updating Their EstimatesLast week, you might have seen that Titan Company Limited ( NSE:TITAN ) released its annual result to the market. The...Price Target Changed • Feb 16Price target increased by 7.1% to ₹4,775Up from ₹4,457, the current price target is an average from 36 analysts. New target price is 14% above last closing price of ₹4,179. Stock is up 30% over the past year. The company is forecast to post earnings per share of ₹55.19 for next year compared to ₹37.62 last year.분석 기사 • Feb 13Titan Company Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextA week ago, Titan Company Limited ( NSE:TITAN ) came out with a strong set of quarterly numbers that could potentially...분석 기사 • Aug 10Titan Company Limited Just Recorded A 23% EPS Beat: Here's What Analysts Are Forecasting NextNSEI:TITAN 1 Year Share Price vs Fair Value Explore Titan's Fair Values from the Community and select yours Titan...모든 업데이트 보기Recent updates분석 기사 • May 12Revenue Beat: Titan Company Limited Exceeded Revenue Forecasts By 11% And Analysts Are Updating Their EstimatesLast week, you might have seen that Titan Company Limited ( NSE:TITAN ) released its annual result to the market. The...Reported Earnings • May 09Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: ₹57.19 (up from ₹37.62 in FY 2025). Revenue: ₹875.8b (up 45% from FY 2025). Net income: ₹50.7b (up 52% from FY 2025). Profit margin: 5.8% (up from 5.5% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 1.9%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 18% per year.New Risk • May 09New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (148% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공시 • Apr 29Titan Company Limited to Report Q4, 2026 Results on May 08, 2026Titan Company Limited announced that they will report Q4, 2026 results on May 08, 2026Price Target Changed • Feb 16Price target increased by 7.1% to ₹4,775Up from ₹4,457, the current price target is an average from 36 analysts. New target price is 14% above last closing price of ₹4,179. Stock is up 30% over the past year. The company is forecast to post earnings per share of ₹55.19 for next year compared to ₹37.62 last year.분석 기사 • Feb 13Titan Company Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextA week ago, Titan Company Limited ( NSE:TITAN ) came out with a strong set of quarterly numbers that could potentially...Reported Earnings • Feb 11Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: ₹18.98 (up from ₹11.80 in 3Q 2025). Revenue: ₹254.2b (up 43% from 3Q 2025). Net income: ₹16.8b (up 61% from 3Q 2025). Profit margin: 6.6% (up from 5.9% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.5%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Feb 01Under The Bonnet, Titan's (NSE:TITAN) Returns Look ImpressiveIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...공시 • Jan 19Titan Company Limited to Report Q3, 2026 Results on Feb 10, 2026Titan Company Limited announced that they will report Q3, 2026 results on Feb 10, 2026분석 기사 • Nov 15There May Be Underlying Issues With The Quality Of Titan's (NSE:TITAN) EarningsTitan Company Limited ( NSE:TITAN ) announced strong profits, but the stock was stagnant. Our analysis suggests that...분석 기사 • Nov 15We Think Titan (NSE:TITAN) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Nov 04Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2026 results: EPS: ₹12.63 (up from ₹7.94 in 2Q 2025). Revenue: ₹187.3b (up 29% from 2Q 2025). Net income: ₹11.2b (up 59% from 2Q 2025). Profit margin: 6.0% (up from 4.8% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 3.4%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Oct 31Shareholders Would Enjoy A Repeat Of Titan's (NSE:TITAN) Recent Growth In ReturnsThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...공시 • Oct 14Titan Company Limited to Report Q2, 2026 Results on Nov 03, 2025Titan Company Limited announced that they will report Q2, 2026 results on Nov 03, 2025분석 기사 • Aug 25With EPS Growth And More, Titan (NSE:TITAN) Makes An Interesting CaseFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...분석 기사 • Aug 10Here's Why Titan (NSE:TITAN) Can Manage Its Debt ResponsiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Aug 10Titan Company Limited Just Recorded A 23% EPS Beat: Here's What Analysts Are Forecasting NextNSEI:TITAN 1 Year Share Price vs Fair Value Explore Titan's Fair Values from the Community and select yours Titan...Reported Earnings • Aug 09First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: ₹12.30 (up from ₹8.06 in 1Q 2025). Revenue: ₹165.2b (up 25% from 1Q 2025). Net income: ₹10.9b (up 53% from 1Q 2025). Profit margin: 6.6% (up from 5.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Jul 25What Titan Company Limited's (NSE:TITAN) P/S Is Not Telling YouTitan Company Limited's ( NSE:TITAN ) price-to-sales (or "P/S") ratio of 5.1x may look like a poor investment...공시 • Jul 23Titan Company Limited Approves Dividend for the Financial Year Ended March 31, 2025Titan Company Limited approved to declare dividend of INR 11/- per equity share of face value of INR 1/- each on equity shares for the Financial Year ended 31st March 2025, at its AGM held on 22nd July 2025.공시 • Jul 17Titan Company Limited to Report Q1, 2026 Results on Aug 07, 2025Titan Company Limited announced that they will report Q1, 2026 results on Aug 07, 2025분석 기사 • Jul 05Titan (NSE:TITAN) Will Pay A Dividend Of ₹11.00Titan Company Limited ( NSE:TITAN ) has announced that it will pay a dividend of ₹11.00 per share on the 21st of...Upcoming Dividend • Jul 04Upcoming dividend of ₹11.00 per shareEligible shareholders must have bought the stock before 08 July 2025. Payment date: 21 August 2025. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (0.6%).Reported Earnings • Jun 29Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: ₹37.62 (down from ₹39.40 in FY 2024). Revenue: ₹604.6b (up 18% from FY 2024). Net income: ₹33.4b (down 4.5% from FY 2024). Profit margin: 5.5% (down from 6.8% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) missed analyst estimates by 5.1%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Jun 21Returns on Capital Paint A Bright Future For Titan (NSE:TITAN)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...분석 기사 • Jun 21Titan (NSE:TITAN) Has Affirmed Its Dividend Of ₹11.00Titan Company Limited ( NSE:TITAN ) will pay a dividend of ₹11.00 on the 21st of August. Including this payment, the...Declared Dividend • Jun 20Dividend of ₹11.00 announcedDividend of ₹11.00 is the same as last year. Ex-date: 8th July 2025 Payment date: 21st August 2025 Dividend yield will be 0.3%, which is lower than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 87% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Jun 18+ 1 more updateTitan Company Limited, Annual General Meeting, Jul 22, 2025Titan Company Limited, Annual General Meeting, Jul 22, 2025.Reported Earnings • May 10Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: ₹37.62 (down from ₹39.40 in FY 2024). Revenue: ₹609.4b (up 19% from FY 2024). Net income: ₹33.4b (down 4.5% from FY 2024). Profit margin: 5.5% (down from 6.8% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) missed analyst estimates by 5.1%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.공시 • Apr 21Titan Company Limited to Report Q4, 2025 Results on May 08, 2025Titan Company Limited announced that they will report Q4, 2025 results on May 08, 2025공시 • Feb 19Titan in Talks with Mannai Corp to Acquire A Significant Stake in Damas JewelleryTitan Company Limited (BSE:500114) is said to be in talks with Qatar-based Mannai Corporation Q.P.S.C. (DSM:MCCS) to acquire a significant stake in Damas Jewellery LLC, a prominent retailer in West Asia. Discussions are focused on valuation, estimated at INR 45 billion (about $518 million), with no consensus yet, said people with knowledge of the matter. This marks the second attempt at a deal between Titan and Damas. A previous round of negotiations, held a few years ago, floundered over valuation. The renewed talks indicate Titan’s continued interest in expanding its footprint in the West Asian jewellery market, aligning with its broader global ambitions.“Valuation depends on the structure of the company and the bullion stock that Damas holds during negotiations,” said a veteran gold trade analyst. “If the bullion stock is low, the valuation will drop, and if the stock is high, the valuation will increase automatically.”300-strong store network Titan, Mannai, and Damas did not comment.Reported Earnings • Feb 05Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: ₹11.80 (down from ₹11.91 in 3Q 2024). Revenue: ₹177.4b (up 25% from 3Q 2024). Net income: ₹10.5b (flat on 3Q 2024). Profit margin: 5.9% (down from 7.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 2.3%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 12% per year.공시 • Jan 15Titan Company Limited to Report Q3, 2025 Results on Feb 04, 2025Titan Company Limited announced that they will report Q3, 2025 results on Feb 04, 2025Board Change • Jan 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director P Balaji was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공시 • Dec 26Titan Company Limited Approves Appointment of Mr. P B Balaji as DirectorTitan Company Limited approved appointment of Mr. P B Balaji as a Director.Reported Earnings • Nov 06Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: ₹7.94 (down from ₹10.31 in 2Q 2024). Revenue: ₹145.3b (up 16% from 2Q 2024). Net income: ₹7.04b (down 23% from 2Q 2024). Profit margin: 4.8% (down from 7.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.공시 • Oct 16Titan Company Limited to Report Q2, 2025 Results on Nov 05, 2024Titan Company Limited announced that they will report Q2, 2025 results on Nov 05, 2024Reported Earnings • Aug 03First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: ₹8.06 (down from ₹8.48 in 1Q 2024). Revenue: ₹132.7b (up 12% from 1Q 2024). Net income: ₹7.15b (down 5.0% from 1Q 2024). Profit margin: 5.4% (down from 6.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.8%. Earnings per share (EPS) missed analyst estimates by 3.7%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 25% per year.공시 • Jul 15Titan Company Limited Approves Dividend for the Financial Year Ended March 31, 2024Titan Company Limited at its Annual General Meeting held on July 12, 2024, approved to declare dividend of INR 11 per equity share of face value of INR 1 each on equity shares for the financial year ended March 31, 2024.공시 • Jun 24Titan Company Limited Announces Senior Management Transition, Effective October 1, 2024Titan Company Limited on the recommendation of the Board Nomination and Remuneration Committee considered, and approved the appointment of Mr. N.S Raghavan, currently serving as the Chief Sales & Marketing Officer of Eyecare Division of the Company, as the Chief Executive Officer (CEO) of EyeCare Division. Mr. Saumen Bhaumik, currently the CEO of EyeCare Division of the Company will take over the position of Managing Director of CaratLane Trading Private Limited (CaratLane), Subsidiary of the Company where Titan holds 99.99%. The transition of these roles will be completed on or before 1st October 2024. Raghavan joined Titan in December 2023 and brings with him over 27 years of experience in eyewear industry, and he brings in a wealth of expertise and impressive track record of success. Mr. raghavan holds an MBA in marketing from symbiosis institute of management studies and executive management degree from INSEAD and ESSEC business schools.Upcoming Dividend • Jun 20Upcoming dividend of ₹11.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 11 August 2024. Payout ratio is a comfortable 28% and the cash payout ratio is 88%. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (0.5%).Reported Earnings • Jun 19Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ₹39.40 (up from ₹36.61 in FY 2023). Revenue: ₹510.8b (up 26% from FY 2023). Net income: ₹35.0b (up 7.6% from FY 2023). Profit margin: 6.8% (down from 8.0% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 2.8%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.공시 • Jun 06Titan Company Limited, Annual General Meeting, Jul 12, 2024Titan Company Limited, Annual General Meeting, Jul 12, 2024.Reported Earnings • May 04Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ₹39.40 (up from ₹36.61 in FY 2023). Revenue: ₹516.2b (up 27% from FY 2023). Net income: ₹35.0b (up 7.6% from FY 2023). Profit margin: 6.8% (down from 8.0% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 2.8%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 35% per year.공시 • Apr 23Titan Company Limited to Report Q4, 2024 Results on May 03, 2024Titan Company Limited announced that they will report Q4, 2024 results on May 03, 2024공시 • Feb 28Titan Company Limited (BSE:500114) agreed to acquire remaining 0.36% stake in CaratLane Trading Private Limited from individual shareholders for approximately INR 600 million.Titan Company Limited (BSE:500114) agreed to acquire remaining 0.36% stake in CaratLane Trading Private Limited from individual shareholders for approximately INR 600 million on February 27, 2024. The consideration consists of INR 600.8 million in cash. As part of the consideration, INR 600.8 million was paid towards common equity. Prior to the transaction, Titan Company Limited (BSE:500114) held 99.64%. The transaction is subject to fulfilment of other closing conditions and is expected to complete on March 31, 2024.Reported Earnings • Feb 02Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: ₹11.91 (up from ₹10.18 in 3Q 2023). Revenue: ₹143.0b (up 23% from 3Q 2023). Net income: ₹10.5b (up 17% from 3Q 2023). Profit margin: 7.4% (down from 7.8% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 3.3%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 34% per year.공시 • Jan 09Titan Company Limited to Report Q3, 2024 Results on Feb 01, 2024Titan Company Limited announced that they will report Q3, 2024 results on Feb 01, 2024Reported Earnings • Nov 04Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: ₹10.31 (up from ₹9.36 in 2Q 2023). Revenue: ₹126.5b (up 38% from 2Q 2023). Net income: ₹9.15b (up 10% from 2Q 2023). Profit margin: 7.2% (down from 9.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates by 6.3%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.공시 • Nov 04Titan Company Limited Announces Change in DirectorateBoard of Titan Company Limited has at its meeting held on 3rd November 2023 noted/approved the following: Nomination of Mr. Sandeep Nanduri, IAS (DIN: 07511216). The Board took note of the nomination of Mr. Sandeep Nanduri, IAS, Managing Director of TIDCO on the Board of the Company in place of Ms. Jayashree Muralidharan, IAS with effect from 3rd November 2023. Accordingly, Mr. Sandeep Nanduri will hold office as a Director liable to retire by rotation, effective 3rd November 2023, and the approval of the shareholders as required under the Listing Regulations would be obtained within the period prescribed under the SEBI Regulations. Mr. Sandeep Nanduri, IAS (DIN: 07511216) has been appointed as Chairman and Additional Director on the Board of the Company as a Nominee of Tamilnadu Industrial Development Corporation Limited. Mr. Sandeep Nanduri is a 2009 batch IAS officer who has held many key positions in various departments in the Government of Tamil Nadu. Presently, Mr. Sandeep Nanduri is the Managing Director of TIDCO. Earlier, he has served as Managing Director of Tamilnadu Tourism Development Corporation Limited, District Collector and District Magistrate at Tuticorin, Thiruvannamalai and Tirunelveli, Executive Director at Chennai Metro Water Supply and Sewage Board and held the position of Additional Collector, PD-DRDA at the Government of Tamilnadu.공시 • Oct 20Titan Company Limited to Report Q2, 2024 Results on Nov 03, 2023Titan Company Limited announced that they will report Q2, 2024 results on Nov 03, 2023공시 • Oct 18Titan Company Limited Announces Board ChangesThe board of directors of Titan Company Limited meeting held on October 17, 2023, noted the letter dated 16 October 2023 received from Tamilnadu Industrial Development Corporation Limited (TIDCO), co-promoter of the Company, communicating the following: The Board took note of the resignation of Mr. S Krishnan, IAS, nominee of TIDCO as a Director of the Company, with effect from 17 October 2023. The Board took note of the nomination of Mr. Arun Roy, IAS, Secretary, Industries Investment Promotion and Commerce Department, Tamil Nadu Government as Chairman and Additional Director on the Board of the Company in place of Mr. S Krishnan, IAS with effect from 17th October 2023 and accordingly the Board approved the same. Mr. Arun Roy will hold office as a Director liable to retire by rotation, effective 17th October 2023, and the approval of the shareholders as required under the Listing Regulations would be obtained within the period prescribed under the SEBI Regulations. Mr. Arun Roy, IAS has been appointed as Chairman and Additional Director on the Board of the Company as Nominee of Tamilnadu Industrial Development Corporation Limited. Term of Appointment - Mr. Arun Roy will hold office as a Non-Executive, Non-Independent Director, liable to retire by rotation, subject to the approval of the shareholders of the Company as required under the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Mr. Arun Roy is a 2003 batch IAS Officer who has held many key positions in various departments in the Government of Tamil Nadu. Earlier, Mr. V Arun Roy served as the Secretary, Micro, Small and Medium Enterprises Department of the Tamil Nadu Government and held positions as the State Commissioner for the Differently-Abled and Deputy Secretary to Government Finance Department, Managing Director, Chennai Metropolitan Water Supply and Sewerage Board and Registrar, Tamilnadu National Law School. He is also on the Board of several other investee companies of Tamil Nadu Government.New Risk • Aug 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 15% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.공시 • Aug 03Titan Company Limited Declares Dividend for the Financial Year Ended March 31, 2023Titan Company Limited at its AGM held on August 1, 2023, declared dividend for the financial year ended March 31, 2023 at the rate of INR 10.00 for equity share of INR 1 each recommended by the Board of Directors of the Company at its meeting held on May 3, 2023.공시 • Jul 12Titan Company Limited to Report Q1, 2024 Results on Aug 02, 2023Titan Company Limited announced that they will report Q1, 2024 results on Aug 02, 2023Reported Earnings • Jul 09Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ₹36.61 (up from ₹24.48 in FY 2022). Revenue: ₹405.8b (up 41% from FY 2022). Net income: ₹32.5b (up 50% from FY 2022). Profit margin: 8.0% (up from 7.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 2.9%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 48% per year and the company’s share price has also increased by 48% per year.Upcoming Dividend • Jul 06Upcoming dividend of ₹10.00 per share at 0.3% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 31 August 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.5%).공시 • Jun 07Titan's Plan to Acquire Remaining Stake in CaratLane Reaches an ImpasseTitan Company Limited (BSE:500114) and the founders of CaratLane Trading Private Limited are in disagreement over the valuation of the latter, which has resulted in an impasse, The Economic Times (ET) reports. Titan owns a majority stake in CaratLane. With no solution in sight, the talks so far have not delivered any positive results, and the issue has now been escalated to the offices of Tata Sons chairman N Chandrasekaran. People aware of the matter were quoted in the ET report as saying that discussions are ongoing with a quick resolution as its objective. A senior Tata Group executive said, "It's an ongoing negotiation — these things take time." Additionally, the same official added, "Titan is a listed company, so it has to follow certain guidelines. On the other hand, entrepreneurs want quick solutions as startups need to be nimble". To arrive at a valuation agreeable to both parties, both sides could appoint an independent agency to determine the valuation. Later, the average of the two valuations was to be shortlisted, but this could only be done if both parties agreed to the arrangement, the report added. Earlier, Titan appointed Bank of America to determine the valuation of the residual 28% stake. Bank of America valued the entire company at INR 6,000 - INR 7,000 crore, meaning the founder's stake was worth INR 16,800 million - INR 19,600 million. However, the founders found this valuation too low. In case the discussions do not conclude, the only way to find out the fair valuation of CaratLane will be through listing it on the stock exchanges. The listing may take two more years to be completed, the ET report said, quoting people in the know.공시 • May 17Titan Company Limited, Annual General Meeting, Jul 11, 2023Titan Company Limited, Annual General Meeting, Jul 11, 2023.Reported Earnings • May 04Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ₹36.61 (up from ₹24.48 in FY 2022). Revenue: ₹405.8b (up 41% from FY 2022). Net income: ₹32.5b (up 50% from FY 2022). Profit margin: 8.0% (up from 7.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 2.9%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 48% per year whereas the company’s share price has increased by 47% per year.Reported Earnings • Feb 05Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: ₹10.18 (down from ₹11.31 in 3Q 2022). Revenue: ₹116.1b (up 16% from 3Q 2022). Net income: ₹9.04b (down 10.0% from 3Q 2022). Profit margin: 7.8% (down from 10.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.9%. Earnings per share (EPS) missed analyst estimates by 2.7%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.공시 • Jan 17Titan Company Limited to Report Q3, 2023 Results on Feb 02, 2023Titan Company Limited announced that they will report Q3, 2023 results at 3:30 PM, Indian Standard Time on Feb 02, 2023Reported Earnings • Nov 07Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: ₹9.36 (up from ₹7.20 in 2Q 2022). Revenue: ₹91.6b (up 22% from 2Q 2022). Net income: ₹8.31b (up 30% from 2Q 2022). Profit margin: 9.1% (up from 8.5% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.8%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 34% per year.Reported Earnings • Aug 06First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: ₹8.84 (up from ₹0.22 in 1Q 2022). Revenue: ₹94.9b (up 173% from 1Q 2022). Net income: ₹7.85b (up ₹7.65b from 1Q 2022). Profit margin: 8.3% (up from 0.6% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Over the next year, revenue is forecast to grow 8.4%, compared to a 22% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Jul 06Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: ₹24.48 (up from ₹10.96 in FY 2021). Revenue: ₹288.0b (up 33% from FY 2021). Net income: ₹21.7b (up 123% from FY 2021). Profit margin: 7.5% (up from 4.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.3%. Over the next year, revenue is forecast to grow 20%, compared to a 23% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.이익 및 매출 성장 예측NSEI:TITAN - 애널리스트 향후 추정치 및 과거 재무 데이터 (INR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/20291,198,41689,67457,70867,47173/31/20281,015,40373,19739,97651,523123/31/2027866,57559,58943,77151,650133/31/2026875,84050,73046,88055,900N/A12/31/2025755,80047,660N/AN/AN/A9/30/2025679,04041,29010,45015,470N/A6/30/2025637,13037,130N/AN/AN/A3/31/2025604,56033,370-10,350-5,410N/A12/31/2024580,34032,370N/AN/AN/A9/30/2024544,58032,47018,95024,260N/A6/30/2024524,53034,580N/AN/AN/A3/31/2024510,84034,96010,04016,950N/A12/31/2023489,50034,550N/AN/AN/A9/30/2023463,95033,0205,65012,340N/A6/30/2023430,29032,180N/AN/AN/A3/31/2023405,75032,5009,38013,700N/A12/31/2022380,11030,300N/AN/AN/A9/30/2022364,39031,300-6902,380N/A6/30/2022347,69029,380N/AN/AN/A3/31/2022287,99021,730-9,480-7,240N/A12/31/2021284,96022,270N/AN/AN/A9/30/2021260,78017,48027,47029,180N/A6/30/2021231,38012,840N/AN/AN/A3/31/2021216,4409,73039,93041,390N/A12/31/2020188,6257,544N/AN/AN/A9/30/2020177,7057,05416,60619,126N/A6/30/2020178,7958,444N/AN/AN/A3/31/2020210,52015,010-7,030-3,480N/A12/31/2019212,28815,087N/AN/AN/A9/30/2019205,72914,358N/A-6,245N/A6/30/2019204,78614,389N/AN/AN/A3/31/2019197,78514,042N/A12,429N/A12/31/2018189,97013,656N/AN/AN/A9/30/2018176,79812,356N/AN/AN/A6/30/2018165,03512,183N/AN/AN/A3/31/2018161,19811,301N/A-511N/A12/31/2017153,0489,994N/AN/AN/A9/30/2017149,5469,484N/AN/AN/A6/30/2017141,6148,338N/AN/AN/A3/31/2017132,6087,115N/A17,123N/A3/31/2016112,7596,745N/A5,761N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: TITAN 의 연간 예상 수익 증가율(18.4%)이 saving rate(6.9%)보다 높습니다.수익 vs 시장: TITAN 의 연간 수익(18.4%)이 Indian 시장(16.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: TITAN 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: TITAN 의 수익(연간 12.2%)이 Indian 시장(연간 10.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: TITAN 의 수익(연간 12.2%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: TITAN의 자본 수익률은 3년 후 26.2%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-durables 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/30 13:51종가2026/05/29 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Titan Company Limited는 60명의 분석가가 다루고 있습니다. 이 중 13명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Parin Tanna360 ONE Capital Market Private LimitedVideesha ShethAmbit CapitalManish ValechaAnand Rathi Shares and Stock Brokers Limited57명의 분석가 더 보기
분석 기사 • May 12Revenue Beat: Titan Company Limited Exceeded Revenue Forecasts By 11% And Analysts Are Updating Their EstimatesLast week, you might have seen that Titan Company Limited ( NSE:TITAN ) released its annual result to the market. The...
Price Target Changed • Feb 16Price target increased by 7.1% to ₹4,775Up from ₹4,457, the current price target is an average from 36 analysts. New target price is 14% above last closing price of ₹4,179. Stock is up 30% over the past year. The company is forecast to post earnings per share of ₹55.19 for next year compared to ₹37.62 last year.
분석 기사 • Feb 13Titan Company Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextA week ago, Titan Company Limited ( NSE:TITAN ) came out with a strong set of quarterly numbers that could potentially...
분석 기사 • Aug 10Titan Company Limited Just Recorded A 23% EPS Beat: Here's What Analysts Are Forecasting NextNSEI:TITAN 1 Year Share Price vs Fair Value Explore Titan's Fair Values from the Community and select yours Titan...
분석 기사 • May 12Revenue Beat: Titan Company Limited Exceeded Revenue Forecasts By 11% And Analysts Are Updating Their EstimatesLast week, you might have seen that Titan Company Limited ( NSE:TITAN ) released its annual result to the market. The...
Reported Earnings • May 09Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: ₹57.19 (up from ₹37.62 in FY 2025). Revenue: ₹875.8b (up 45% from FY 2025). Net income: ₹50.7b (up 52% from FY 2025). Profit margin: 5.8% (up from 5.5% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 1.9%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 18% per year.
New Risk • May 09New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (148% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공시 • Apr 29Titan Company Limited to Report Q4, 2026 Results on May 08, 2026Titan Company Limited announced that they will report Q4, 2026 results on May 08, 2026
Price Target Changed • Feb 16Price target increased by 7.1% to ₹4,775Up from ₹4,457, the current price target is an average from 36 analysts. New target price is 14% above last closing price of ₹4,179. Stock is up 30% over the past year. The company is forecast to post earnings per share of ₹55.19 for next year compared to ₹37.62 last year.
분석 기사 • Feb 13Titan Company Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextA week ago, Titan Company Limited ( NSE:TITAN ) came out with a strong set of quarterly numbers that could potentially...
Reported Earnings • Feb 11Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: ₹18.98 (up from ₹11.80 in 3Q 2025). Revenue: ₹254.2b (up 43% from 3Q 2025). Net income: ₹16.8b (up 61% from 3Q 2025). Profit margin: 6.6% (up from 5.9% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.5%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Feb 01Under The Bonnet, Titan's (NSE:TITAN) Returns Look ImpressiveIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
공시 • Jan 19Titan Company Limited to Report Q3, 2026 Results on Feb 10, 2026Titan Company Limited announced that they will report Q3, 2026 results on Feb 10, 2026
분석 기사 • Nov 15There May Be Underlying Issues With The Quality Of Titan's (NSE:TITAN) EarningsTitan Company Limited ( NSE:TITAN ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
분석 기사 • Nov 15We Think Titan (NSE:TITAN) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Nov 04Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2026 results: EPS: ₹12.63 (up from ₹7.94 in 2Q 2025). Revenue: ₹187.3b (up 29% from 2Q 2025). Net income: ₹11.2b (up 59% from 2Q 2025). Profit margin: 6.0% (up from 4.8% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 3.4%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Oct 31Shareholders Would Enjoy A Repeat Of Titan's (NSE:TITAN) Recent Growth In ReturnsThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
공시 • Oct 14Titan Company Limited to Report Q2, 2026 Results on Nov 03, 2025Titan Company Limited announced that they will report Q2, 2026 results on Nov 03, 2025
분석 기사 • Aug 25With EPS Growth And More, Titan (NSE:TITAN) Makes An Interesting CaseFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
분석 기사 • Aug 10Here's Why Titan (NSE:TITAN) Can Manage Its Debt ResponsiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Aug 10Titan Company Limited Just Recorded A 23% EPS Beat: Here's What Analysts Are Forecasting NextNSEI:TITAN 1 Year Share Price vs Fair Value Explore Titan's Fair Values from the Community and select yours Titan...
Reported Earnings • Aug 09First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: ₹12.30 (up from ₹8.06 in 1Q 2025). Revenue: ₹165.2b (up 25% from 1Q 2025). Net income: ₹10.9b (up 53% from 1Q 2025). Profit margin: 6.6% (up from 5.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Jul 25What Titan Company Limited's (NSE:TITAN) P/S Is Not Telling YouTitan Company Limited's ( NSE:TITAN ) price-to-sales (or "P/S") ratio of 5.1x may look like a poor investment...
공시 • Jul 23Titan Company Limited Approves Dividend for the Financial Year Ended March 31, 2025Titan Company Limited approved to declare dividend of INR 11/- per equity share of face value of INR 1/- each on equity shares for the Financial Year ended 31st March 2025, at its AGM held on 22nd July 2025.
공시 • Jul 17Titan Company Limited to Report Q1, 2026 Results on Aug 07, 2025Titan Company Limited announced that they will report Q1, 2026 results on Aug 07, 2025
분석 기사 • Jul 05Titan (NSE:TITAN) Will Pay A Dividend Of ₹11.00Titan Company Limited ( NSE:TITAN ) has announced that it will pay a dividend of ₹11.00 per share on the 21st of...
Upcoming Dividend • Jul 04Upcoming dividend of ₹11.00 per shareEligible shareholders must have bought the stock before 08 July 2025. Payment date: 21 August 2025. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (0.6%).
Reported Earnings • Jun 29Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: ₹37.62 (down from ₹39.40 in FY 2024). Revenue: ₹604.6b (up 18% from FY 2024). Net income: ₹33.4b (down 4.5% from FY 2024). Profit margin: 5.5% (down from 6.8% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) missed analyst estimates by 5.1%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Jun 21Returns on Capital Paint A Bright Future For Titan (NSE:TITAN)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
분석 기사 • Jun 21Titan (NSE:TITAN) Has Affirmed Its Dividend Of ₹11.00Titan Company Limited ( NSE:TITAN ) will pay a dividend of ₹11.00 on the 21st of August. Including this payment, the...
Declared Dividend • Jun 20Dividend of ₹11.00 announcedDividend of ₹11.00 is the same as last year. Ex-date: 8th July 2025 Payment date: 21st August 2025 Dividend yield will be 0.3%, which is lower than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 87% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jun 18+ 1 more updateTitan Company Limited, Annual General Meeting, Jul 22, 2025Titan Company Limited, Annual General Meeting, Jul 22, 2025.
Reported Earnings • May 10Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: ₹37.62 (down from ₹39.40 in FY 2024). Revenue: ₹609.4b (up 19% from FY 2024). Net income: ₹33.4b (down 4.5% from FY 2024). Profit margin: 5.5% (down from 6.8% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) missed analyst estimates by 5.1%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Apr 21Titan Company Limited to Report Q4, 2025 Results on May 08, 2025Titan Company Limited announced that they will report Q4, 2025 results on May 08, 2025
공시 • Feb 19Titan in Talks with Mannai Corp to Acquire A Significant Stake in Damas JewelleryTitan Company Limited (BSE:500114) is said to be in talks with Qatar-based Mannai Corporation Q.P.S.C. (DSM:MCCS) to acquire a significant stake in Damas Jewellery LLC, a prominent retailer in West Asia. Discussions are focused on valuation, estimated at INR 45 billion (about $518 million), with no consensus yet, said people with knowledge of the matter. This marks the second attempt at a deal between Titan and Damas. A previous round of negotiations, held a few years ago, floundered over valuation. The renewed talks indicate Titan’s continued interest in expanding its footprint in the West Asian jewellery market, aligning with its broader global ambitions.“Valuation depends on the structure of the company and the bullion stock that Damas holds during negotiations,” said a veteran gold trade analyst. “If the bullion stock is low, the valuation will drop, and if the stock is high, the valuation will increase automatically.”300-strong store network Titan, Mannai, and Damas did not comment.
Reported Earnings • Feb 05Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: ₹11.80 (down from ₹11.91 in 3Q 2024). Revenue: ₹177.4b (up 25% from 3Q 2024). Net income: ₹10.5b (flat on 3Q 2024). Profit margin: 5.9% (down from 7.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 2.3%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 12% per year.
공시 • Jan 15Titan Company Limited to Report Q3, 2025 Results on Feb 04, 2025Titan Company Limited announced that they will report Q3, 2025 results on Feb 04, 2025
Board Change • Jan 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director P Balaji was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공시 • Dec 26Titan Company Limited Approves Appointment of Mr. P B Balaji as DirectorTitan Company Limited approved appointment of Mr. P B Balaji as a Director.
Reported Earnings • Nov 06Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: ₹7.94 (down from ₹10.31 in 2Q 2024). Revenue: ₹145.3b (up 16% from 2Q 2024). Net income: ₹7.04b (down 23% from 2Q 2024). Profit margin: 4.8% (down from 7.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
공시 • Oct 16Titan Company Limited to Report Q2, 2025 Results on Nov 05, 2024Titan Company Limited announced that they will report Q2, 2025 results on Nov 05, 2024
Reported Earnings • Aug 03First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: ₹8.06 (down from ₹8.48 in 1Q 2024). Revenue: ₹132.7b (up 12% from 1Q 2024). Net income: ₹7.15b (down 5.0% from 1Q 2024). Profit margin: 5.4% (down from 6.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.8%. Earnings per share (EPS) missed analyst estimates by 3.7%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 25% per year.
공시 • Jul 15Titan Company Limited Approves Dividend for the Financial Year Ended March 31, 2024Titan Company Limited at its Annual General Meeting held on July 12, 2024, approved to declare dividend of INR 11 per equity share of face value of INR 1 each on equity shares for the financial year ended March 31, 2024.
공시 • Jun 24Titan Company Limited Announces Senior Management Transition, Effective October 1, 2024Titan Company Limited on the recommendation of the Board Nomination and Remuneration Committee considered, and approved the appointment of Mr. N.S Raghavan, currently serving as the Chief Sales & Marketing Officer of Eyecare Division of the Company, as the Chief Executive Officer (CEO) of EyeCare Division. Mr. Saumen Bhaumik, currently the CEO of EyeCare Division of the Company will take over the position of Managing Director of CaratLane Trading Private Limited (CaratLane), Subsidiary of the Company where Titan holds 99.99%. The transition of these roles will be completed on or before 1st October 2024. Raghavan joined Titan in December 2023 and brings with him over 27 years of experience in eyewear industry, and he brings in a wealth of expertise and impressive track record of success. Mr. raghavan holds an MBA in marketing from symbiosis institute of management studies and executive management degree from INSEAD and ESSEC business schools.
Upcoming Dividend • Jun 20Upcoming dividend of ₹11.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 11 August 2024. Payout ratio is a comfortable 28% and the cash payout ratio is 88%. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (0.5%).
Reported Earnings • Jun 19Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ₹39.40 (up from ₹36.61 in FY 2023). Revenue: ₹510.8b (up 26% from FY 2023). Net income: ₹35.0b (up 7.6% from FY 2023). Profit margin: 6.8% (down from 8.0% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 2.8%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
공시 • Jun 06Titan Company Limited, Annual General Meeting, Jul 12, 2024Titan Company Limited, Annual General Meeting, Jul 12, 2024.
Reported Earnings • May 04Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ₹39.40 (up from ₹36.61 in FY 2023). Revenue: ₹516.2b (up 27% from FY 2023). Net income: ₹35.0b (up 7.6% from FY 2023). Profit margin: 6.8% (down from 8.0% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 2.8%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 35% per year.
공시 • Apr 23Titan Company Limited to Report Q4, 2024 Results on May 03, 2024Titan Company Limited announced that they will report Q4, 2024 results on May 03, 2024
공시 • Feb 28Titan Company Limited (BSE:500114) agreed to acquire remaining 0.36% stake in CaratLane Trading Private Limited from individual shareholders for approximately INR 600 million.Titan Company Limited (BSE:500114) agreed to acquire remaining 0.36% stake in CaratLane Trading Private Limited from individual shareholders for approximately INR 600 million on February 27, 2024. The consideration consists of INR 600.8 million in cash. As part of the consideration, INR 600.8 million was paid towards common equity. Prior to the transaction, Titan Company Limited (BSE:500114) held 99.64%. The transaction is subject to fulfilment of other closing conditions and is expected to complete on March 31, 2024.
Reported Earnings • Feb 02Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: ₹11.91 (up from ₹10.18 in 3Q 2023). Revenue: ₹143.0b (up 23% from 3Q 2023). Net income: ₹10.5b (up 17% from 3Q 2023). Profit margin: 7.4% (down from 7.8% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 3.3%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 34% per year.
공시 • Jan 09Titan Company Limited to Report Q3, 2024 Results on Feb 01, 2024Titan Company Limited announced that they will report Q3, 2024 results on Feb 01, 2024
Reported Earnings • Nov 04Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: ₹10.31 (up from ₹9.36 in 2Q 2023). Revenue: ₹126.5b (up 38% from 2Q 2023). Net income: ₹9.15b (up 10% from 2Q 2023). Profit margin: 7.2% (down from 9.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates by 6.3%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
공시 • Nov 04Titan Company Limited Announces Change in DirectorateBoard of Titan Company Limited has at its meeting held on 3rd November 2023 noted/approved the following: Nomination of Mr. Sandeep Nanduri, IAS (DIN: 07511216). The Board took note of the nomination of Mr. Sandeep Nanduri, IAS, Managing Director of TIDCO on the Board of the Company in place of Ms. Jayashree Muralidharan, IAS with effect from 3rd November 2023. Accordingly, Mr. Sandeep Nanduri will hold office as a Director liable to retire by rotation, effective 3rd November 2023, and the approval of the shareholders as required under the Listing Regulations would be obtained within the period prescribed under the SEBI Regulations. Mr. Sandeep Nanduri, IAS (DIN: 07511216) has been appointed as Chairman and Additional Director on the Board of the Company as a Nominee of Tamilnadu Industrial Development Corporation Limited. Mr. Sandeep Nanduri is a 2009 batch IAS officer who has held many key positions in various departments in the Government of Tamil Nadu. Presently, Mr. Sandeep Nanduri is the Managing Director of TIDCO. Earlier, he has served as Managing Director of Tamilnadu Tourism Development Corporation Limited, District Collector and District Magistrate at Tuticorin, Thiruvannamalai and Tirunelveli, Executive Director at Chennai Metro Water Supply and Sewage Board and held the position of Additional Collector, PD-DRDA at the Government of Tamilnadu.
공시 • Oct 20Titan Company Limited to Report Q2, 2024 Results on Nov 03, 2023Titan Company Limited announced that they will report Q2, 2024 results on Nov 03, 2023
공시 • Oct 18Titan Company Limited Announces Board ChangesThe board of directors of Titan Company Limited meeting held on October 17, 2023, noted the letter dated 16 October 2023 received from Tamilnadu Industrial Development Corporation Limited (TIDCO), co-promoter of the Company, communicating the following: The Board took note of the resignation of Mr. S Krishnan, IAS, nominee of TIDCO as a Director of the Company, with effect from 17 October 2023. The Board took note of the nomination of Mr. Arun Roy, IAS, Secretary, Industries Investment Promotion and Commerce Department, Tamil Nadu Government as Chairman and Additional Director on the Board of the Company in place of Mr. S Krishnan, IAS with effect from 17th October 2023 and accordingly the Board approved the same. Mr. Arun Roy will hold office as a Director liable to retire by rotation, effective 17th October 2023, and the approval of the shareholders as required under the Listing Regulations would be obtained within the period prescribed under the SEBI Regulations. Mr. Arun Roy, IAS has been appointed as Chairman and Additional Director on the Board of the Company as Nominee of Tamilnadu Industrial Development Corporation Limited. Term of Appointment - Mr. Arun Roy will hold office as a Non-Executive, Non-Independent Director, liable to retire by rotation, subject to the approval of the shareholders of the Company as required under the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Mr. Arun Roy is a 2003 batch IAS Officer who has held many key positions in various departments in the Government of Tamil Nadu. Earlier, Mr. V Arun Roy served as the Secretary, Micro, Small and Medium Enterprises Department of the Tamil Nadu Government and held positions as the State Commissioner for the Differently-Abled and Deputy Secretary to Government Finance Department, Managing Director, Chennai Metropolitan Water Supply and Sewerage Board and Registrar, Tamilnadu National Law School. He is also on the Board of several other investee companies of Tamil Nadu Government.
New Risk • Aug 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 15% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.
공시 • Aug 03Titan Company Limited Declares Dividend for the Financial Year Ended March 31, 2023Titan Company Limited at its AGM held on August 1, 2023, declared dividend for the financial year ended March 31, 2023 at the rate of INR 10.00 for equity share of INR 1 each recommended by the Board of Directors of the Company at its meeting held on May 3, 2023.
공시 • Jul 12Titan Company Limited to Report Q1, 2024 Results on Aug 02, 2023Titan Company Limited announced that they will report Q1, 2024 results on Aug 02, 2023
Reported Earnings • Jul 09Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ₹36.61 (up from ₹24.48 in FY 2022). Revenue: ₹405.8b (up 41% from FY 2022). Net income: ₹32.5b (up 50% from FY 2022). Profit margin: 8.0% (up from 7.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 2.9%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 48% per year and the company’s share price has also increased by 48% per year.
Upcoming Dividend • Jul 06Upcoming dividend of ₹10.00 per share at 0.3% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 31 August 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.5%).
공시 • Jun 07Titan's Plan to Acquire Remaining Stake in CaratLane Reaches an ImpasseTitan Company Limited (BSE:500114) and the founders of CaratLane Trading Private Limited are in disagreement over the valuation of the latter, which has resulted in an impasse, The Economic Times (ET) reports. Titan owns a majority stake in CaratLane. With no solution in sight, the talks so far have not delivered any positive results, and the issue has now been escalated to the offices of Tata Sons chairman N Chandrasekaran. People aware of the matter were quoted in the ET report as saying that discussions are ongoing with a quick resolution as its objective. A senior Tata Group executive said, "It's an ongoing negotiation — these things take time." Additionally, the same official added, "Titan is a listed company, so it has to follow certain guidelines. On the other hand, entrepreneurs want quick solutions as startups need to be nimble". To arrive at a valuation agreeable to both parties, both sides could appoint an independent agency to determine the valuation. Later, the average of the two valuations was to be shortlisted, but this could only be done if both parties agreed to the arrangement, the report added. Earlier, Titan appointed Bank of America to determine the valuation of the residual 28% stake. Bank of America valued the entire company at INR 6,000 - INR 7,000 crore, meaning the founder's stake was worth INR 16,800 million - INR 19,600 million. However, the founders found this valuation too low. In case the discussions do not conclude, the only way to find out the fair valuation of CaratLane will be through listing it on the stock exchanges. The listing may take two more years to be completed, the ET report said, quoting people in the know.
공시 • May 17Titan Company Limited, Annual General Meeting, Jul 11, 2023Titan Company Limited, Annual General Meeting, Jul 11, 2023.
Reported Earnings • May 04Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ₹36.61 (up from ₹24.48 in FY 2022). Revenue: ₹405.8b (up 41% from FY 2022). Net income: ₹32.5b (up 50% from FY 2022). Profit margin: 8.0% (up from 7.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 2.9%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 48% per year whereas the company’s share price has increased by 47% per year.
Reported Earnings • Feb 05Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: ₹10.18 (down from ₹11.31 in 3Q 2022). Revenue: ₹116.1b (up 16% from 3Q 2022). Net income: ₹9.04b (down 10.0% from 3Q 2022). Profit margin: 7.8% (down from 10.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.9%. Earnings per share (EPS) missed analyst estimates by 2.7%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
공시 • Jan 17Titan Company Limited to Report Q3, 2023 Results on Feb 02, 2023Titan Company Limited announced that they will report Q3, 2023 results at 3:30 PM, Indian Standard Time on Feb 02, 2023
Reported Earnings • Nov 07Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: ₹9.36 (up from ₹7.20 in 2Q 2022). Revenue: ₹91.6b (up 22% from 2Q 2022). Net income: ₹8.31b (up 30% from 2Q 2022). Profit margin: 9.1% (up from 8.5% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.8%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 34% per year.
Reported Earnings • Aug 06First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: ₹8.84 (up from ₹0.22 in 1Q 2022). Revenue: ₹94.9b (up 173% from 1Q 2022). Net income: ₹7.85b (up ₹7.65b from 1Q 2022). Profit margin: 8.3% (up from 0.6% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Over the next year, revenue is forecast to grow 8.4%, compared to a 22% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Jul 06Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: ₹24.48 (up from ₹10.96 in FY 2021). Revenue: ₹288.0b (up 33% from FY 2021). Net income: ₹21.7b (up 123% from FY 2021). Profit margin: 7.5% (up from 4.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.3%. Over the next year, revenue is forecast to grow 20%, compared to a 23% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.