Titan Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Ajoy Chawla
Chief executive officer
₹40.4m
Total compensation
| CEO salary percentage | 8.91% |
| CEO tenure | less than a year |
| CEO ownership | n/a |
| Management average tenure | 3.4yrs |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
Narrative Update • Jun 17
500114: Dividend Support And Modest Assumption Tweaks Should Drive Future Returns
The latest Narrative Update for Titan reflects a slight trim in the analyst price target to ₹5,011 from ₹5,039. Analysts point to modest tweaks in the discount rate, revenue growth, profit margin and future P/E assumptions rather than a major shift in the outlook.Narrative Update • Jun 02
500114: Dividend Outlook And Higher Margins Will Support Future Returns
Analysts now place Titan's price target at about ₹5,039, up from roughly ₹4,886. They cite updated assumptions for fair value, a slightly lower discount rate, more conservative revenue growth, a higher profit margin outlook, and a modestly lower future P/E multiple.Narrative Update • Apr 24
500114: Postal Ballot Meeting And Margin Outlook Will Support Future Returns
Analysts have adjusted their price target on Titan to ₹4,886 from ₹4,802. This reflects updated views on slightly lower revenue growth assumptions, a modestly higher discount rate and P/E, and a somewhat higher profit margin outlook.Narrative Update • Apr 06
500114: Upcoming Board Meeting Will Reinforce Confidence In Future Returns
Analysts have adjusted Titan's fair value estimate slightly higher to ₹4,802 from ₹4,794, reflecting updated views on revenue growth, profit margins, and future P/E assumptions. What's in the News Titan has scheduled a Board Meeting on Feb 10, 2026, to consider and approve unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company filing).Narrative Update • Mar 23
500114: Upcoming Board Decisions Will Shape Confidence In Future Returns
Analysts have nudged their price target for Titan slightly lower to around ₹4,794 from about ₹4,806, citing a small adjustment to fair value assumptions and a marginally lower discount rate, while keeping revenue growth, profit margin and future P/E expectations broadly unchanged. What's in the News Titan has scheduled a Special or Extraordinary Shareholders Meeting on Mar 23, 2026, via postal ballot in India to consider the appointment of Ms. Sandhya Venugopal Sharma as a Director (Key Developments).Narrative Update • Mar 06
500114: Upcoming Leadership Decisions At Shareholder Meetings Will Support Stronger Future Return Expectations
Analysts have inched up their fair value estimate for Titan from about ₹4,788 to roughly ₹4,806. This reflects slightly lower discount rate assumptions while keeping revenue growth, profit margin and future P/E expectations broadly unchanged.Narrative Update • Feb 19
500114: Upcoming Board And Leadership Decisions Will Support Stronger Future Return Expectations
Analysts have raised their price target on Titan from ₹4,456.78 to ₹4,788.33, citing updated assumptions that incorporate revised fair value, discount rate, revenue growth, profit margin and future P/E inputs. What's in the News Titan has scheduled a Board meeting on Feb 10, 2026 to consider and approve its unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company filing).Narrative Update • Feb 04
500114: Board Decisions And Stable Assumptions Will Support Balanced Future Return Expectations
Analysts have nudged their price target on Titan higher to reflect updated assumptions for the discount rate and future P/E, suggesting a modestly richer valuation framework without a material shift in expected growth or profit margins. What's in the News Titan has scheduled a board meeting for February 10, 2026, to consider and approve unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (Key Developments).Narrative Update • Jan 20
500114: Future Leadership Decisions And Earnings Visibility Will Support Balanced Return Expectations
Analysts have lifted their fair value estimate for Titan from ₹4,243.17 to ₹4,456.78, citing updated assumptions for revenue growth, profit margins and future P/E expectations. What's in the News Titan has scheduled a board meeting on Feb 10, 2026 to consider and approve unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company filing).Narrative Update • Jan 06
500114: Future Board Decisions And Leadership Changes Will Support Steady Earnings Profile
Analysts have slightly increased their fair value estimate for Titan from US$4,218.03 to US$4,243.17, citing modestly higher assumed revenue growth and profit margins, along with a slightly lower discount rate and a largely unchanged future P/E multiple. What's in the News Titan Company Limited has scheduled a Board Meeting on Nov 03, 2025 at 14:00 Indian Standard Time to consider and approve unaudited standalone and consolidated financial results for the quarter and half year ended Sep 30, 2025 (Key Developments).Narrative Update • Dec 23
500114: Future Leadership And Meeting Outcomes Will Support Steady Earnings Profile
Analysts have marginally raised their price target on Titan to align with its intrinsic value of approximately ₹4,218 per share, citing slightly lower perceived risk, steady long term revenue growth, and a modestly stronger profit margin profile that supports current premium valuation multiples. What's in the News Titan has scheduled a board meeting on November 3, 2025, to review unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, and to consider key strategic agenda items (company filing).Narrative Update • Dec 08
500114: Future Leadership Transition Will Support Sustained Earnings Strength
Analysts have modestly raised their price target on Titan to $4,218.03, citing a slightly higher discount rate and long term profit expectations that remain resilient despite unchanged fair value estimates. What's in the News Titan has scheduled a board meeting on November 3, 2025, to review and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing).Narrative Update • Nov 24
500114: Revenue Outperformance Will Balance Margin Pressures To Maintain Fair Opportunity
Analysts have raised Titan's fair value estimate from $4,090.63 to $4,218.03. They cite improved revenue growth expectations, even as projected profit margins have decreased modestly.Narrative Update • Nov 06
500114: Profitability Will Offset Slower Expansion To Support Fair Valuation
Titan Price Target Increased on Improved Profitability, Despite Slower Growth Analysts have raised Titan's fair value estimate to $4,090.63 from $4,004.74. They cite expectations for improved profit margins and a lower projected future valuation multiple, which offset slightly reduced revenue growth forecasts.Narrative Update • Oct 23
Analysts Lift Titan Price Target as Revenue Growth Forecast Improves Despite Lower Profit Margin
Narrative Update: Analyst Price Target Change for Titan Analysts have raised their price target for Titan from $3,941.11 to $4,004.74, citing an improved revenue growth outlook. This change comes despite a slight uptick in discount rate and a modestly lower projected profit margin.Narrative Update • Sep 05
Organized Jewelry Retail Will Fuel International Market Success
With no material shifts in Titan’s discount rate or forward P/E multiple, analysts have maintained their consensus price target at ₹3941. What's in the News Board meeting scheduled to consider and approve unaudited financial results for the quarter ended June 30, 2025.
New Narrative • Nov 07
Premiumization And Innovation Set To Sparkle With Jewelry And Analog Watch Growth
Strategic focus on premiumization and product innovation in watches and jewelry is expected to drive revenue growth and improve margins.CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | ₹40m | ₹4m | ₹51b |
Compensation vs Market: Ajoy's total compensation ($USD423.73K) is below average for companies of similar size in the Indian market ($USD1.08M).
Compensation vs Earnings: Insufficient data to compare Ajoy's compensation with company performance.
CEO
Ajoy Chawla (59 yo)
less than a year
Tenure
₹40,397,925
Compensation
Mr. Ajoy Chawla, B.E., PGDM, is MD & Director of Titan Company Limited since January 1, 2026. He served as Chief Executive Officer- Jewellery at Titan Company Limited since 2019 until January 1, 2026. He s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | less than a year | ₹40.40m | no data | |
| Chief Financial Officer | 5.1yrs | no data | no data | |
| Chief Digital & Information Officer | less than a year | no data | no data | |
| General Counsel | 8yrs | ₹8.16m | no data | |
| Chief People Officer | 5.1yrs | no data | no data | |
| CEO of Jewellery Division | no data | ₹3.04m | no data | |
| Chief Design Officer | no data | ₹2.49m | no data | |
| Chief Sustainability Officer | no data | no data | no data | |
| CEO of Watches Division | no data | no data | no data | |
| Chief Executive Officer of Fragrances & Womens Bag | no data | no data | no data | |
| Chief Executive Officer of EyeCare Division | no data | no data | no data | |
| Head of Retail Network Development | 1.7yrs | no data | no data |
3.4yrs
Average Tenure
57.5yo
Average Age
Experienced Management: 500114's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | less than a year | ₹40.40m | no data | |
| Independent Director | 5.8yrs | ₹11.73m | 0% ₹ 0 | |
| Vice-Chairman of the Board | 23yrs | ₹7.44m | 0.0053% ₹ 229.7m | |
| Independent Director | 8.3yrs | ₹11.74m | no data | |
| Non-Executive Non-Independent Director | 1yr | ₹250.00k | no data | |
| Independent Director | less than a year | no data | no data | |
| Non-Executive Independent Director | 2.4yrs | ₹9.53m | 0.000020% ₹ 870.0k | |
| Independent Director | 7.1yrs | ₹11.87m | no data | |
| Non-Executive Independent Director | 1.3yrs | ₹7.50m | no data | |
| Chairman | less than a year | no data | no data |
1.8yrs
Average Tenure
60.5yo
Average Age
Experienced Board: 500114's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/03 17:09 |
| End of Day Share Price | 2026/08/03 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Titan Company Limited is covered by 65 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Parin Tanna | 360 ONE Capital Market Private Limited |
| Videesha Sheth | Ambit Capital |
| Ashwin Mehta | Ambit Capital |