Titan Company Limited, together with its subsidiaries, manufactures and sells watches, jewelry, eyewear, and other accessories and products in India and internationally. More Details
Exceptional growth potential with adequate balance sheet.
Share Price & News
How has Titan's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 500114 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 500114's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 500114 exceeded the Indian Luxury industry which returned 11.4% over the past year.
Return vs Market: 500114 exceeded the Indian Market which returned 15.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Titan's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall StHow Titan Company Limited (BOM:500114) Delivered A Better ROE Than Its Industry
2 years ago | Simply Wall StMay Top Growth Stocks To Invest In
2 years ago | Simply Wall StFlavor Of The Month: KEI Industries And More
Is Titan undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 500114 (₹1476.25) is trading above our estimate of fair value (₹145.81)
Significantly Below Fair Value: 500114 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500114 is poor value based on its PE Ratio (184.7x) compared to the IN Luxury industry average (19.7x).
PE vs Market: 500114 is poor value based on its PE Ratio (184.7x) compared to the Indian market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: 500114 is poor value based on its PEG Ratio (3.5x)
Price to Book Ratio
PB vs Industry: 500114 is overvalued based on its PB Ratio (20.6x) compared to the IN Luxury industry average (0.8x).
How is Titan forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500114's forecast earnings growth (52.3% per year) is above the savings rate (7%).
Earnings vs Market: 500114's earnings (52.3% per year) are forecast to grow faster than the Indian market (25.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 500114's revenue (23.8% per year) is forecast to grow faster than the Indian market (11.7% per year).
High Growth Revenue: 500114's revenue (23.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 500114's Return on Equity is forecast to be high in 3 years time (24.2%)
How has Titan performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500114 has high quality earnings.
Growing Profit Margin: 500114's current net profit margins (4%) are lower than last year (7%).
Past Earnings Growth Analysis
Earnings Trend: 500114's earnings have grown by 10.2% per year over the past 5 years.
Accelerating Growth: 500114's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 500114 had negative earnings growth (-50.9%) over the past year, making it difficult to compare to the Luxury industry average (-28.3%).
Return on Equity
High ROE: 500114's Return on Equity (10.9%) is considered low.
How is Titan's financial position?
Financial Position Analysis
Short Term Liabilities: 500114's short term assets (₹104.2B) exceed its short term liabilities (₹62.0B).
Long Term Liabilities: 500114's short term assets (₹104.2B) exceed its long term liabilities (₹12.8B).
Debt to Equity History and Analysis
Debt Level: 500114's debt to equity ratio (52.5%) is considered high.
Reducing Debt: 500114's debt to equity ratio has increased from 3.2% to 52.5% over the past 5 years.
Debt Coverage: 500114's debt is well covered by operating cash flow (57.3%).
Interest Coverage: 500114's interest payments on its debt are well covered by EBIT (11.8x coverage).
What is Titan current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500114's dividend (0.27%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.44%).
High Dividend: 500114's dividend (0.27%) is low compared to the top 25% of dividend payers in the Indian market (1.81%).
Stability and Growth of Payments
Stable Dividend: 500114's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500114's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50%), 500114's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 500114's dividends in 3 years are forecast to be well covered by earnings (37% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
C. Venkataraman (60 yo)
Mr. C. K. Venkataraman, B.Sc., PGDM serves as Managing Director and Additional Director at Titan Company Limited from October 1, 2019 and served as the Chief Executive Officer of Jewellery of Titan Company...
CEO Compensation Analysis
Compensation vs Market: C.'s total compensation ($USD574.76K) is below average for companies of similar size in the Indian market ($USD938.47K).
Compensation vs Earnings: Insufficient data to compare C.'s compensation with company performance.
|MD & Additional Director||1.25yrs||₹42.04m||0.0016% |
|CFO & Head of IT Function||9.83yrs||₹22.50m||no data|
|General Counsel||2.42yrs||₹8.16m||0% |
|Chief Human Resource Officer||no data||no data||no data|
|Senior Vice President||7.75yrs||₹3.99m||no data|
|Chief Executive Officer- Jewellery||no data||₹3.66m||no data|
|Head of Helios||no data||₹3.04m||no data|
|Regional Business Head of West and Associate Vice President||no data||₹3.06m||no data|
|Head of Retail Training||no data||₹2.88m||no data|
|Chief Design Officer||no data||₹2.49m||no data|
|Chief Executive Officer of Eyewear||no data||₹2.65m||no data|
|Chief Executive Officer - Watches and Wearables Division||5.5yrs||₹2.74m||0.0032% |
Experienced Management: 500114's management team is seasoned and experienced (5.5 years average tenure).
|MD & Additional Director||1.25yrs||₹42.04m||0.0016% |
|Independent Director||0.17yr||no data||no data|
|Non-Executive Non-Independent Director||1.25yrs||₹70.24m||0.015% |
|Vice-Chairman of the Board||2.67yrs||₹420.00k||0.0053% |
|Independent Director||2.67yrs||₹4.82m||no data|
|Non-Executive Non-Independent Chairman||1.83yrs||₹3.25m||no data|
|Non-Executive Independent Director||4.67yrs||₹5.88m||no data|
|Non-Executive Non-Independent Nominee Director||2.17yrs||₹3.49m||no data|
|Independent Director||1.83yrs||₹2.89m||no data|
|Additional Independent Director||1.5yrs||₹2.46m||no data|
|Non Executive Non-Independent Director||1.17yrs||₹800.00k||0.000010% |
|Independent Director||0.58yr||no data||no data|
Experienced Board: 500114's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 500114 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Titan Company Limited's company bio, employee growth, exchange listings and data sources
- Name: Titan Company Limited
- Ticker: 500114
- Exchange: BSE
- Founded: 1984
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹1.311t
- Shares outstanding: 887.79m
- Website: https://www.titan.co.in
Number of Employees
- Titan Company Limited
- Integrity No. 193
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|500114||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Nov 1999|
|TITAN||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Nov 1999|
Titan Company Limited, together with its subsidiaries, manufactures and sells watches, jewelry, eyewear, and other accessories and products in India and internationally. It operates through four segments: ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/16 12:03|
|End of Day Share Price||2021/01/15 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.