Titan Company Limited, together with its subsidiaries, manufactures and sells watches, jewelry, eyewear, and other accessories and products in India and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹2,085.85|
|52 Week High||₹1,076.00|
|52 Week Low||₹2,150.00|
|1 Month Change||11.14%|
|3 Month Change||17.02%|
|1 Year Change||88.86%|
|3 Year Change||161.76%|
|5 Year Change||414.58%|
|Change since IPO||28,690.35%|
Recent News & Updates
Here's Why Titan (NSE:TITAN) Can Manage Its Debt Responsibly
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
|TITAN||IN Luxury||IN Market|
Return vs Industry: TITAN matched the Indian Luxury industry which returned 89.7% over the past year.
Return vs Market: TITAN exceeded the Indian Market which returned 61.2% over the past year.
Stable Share Price: TITAN is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: TITAN's weekly volatility (3%) has been stable over the past year.
About the Company
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: Watches and Wearables, Jewellery, Eyewear, and Others. The company offers watches and accessories under the Titan Edge, Titan Raga, Nebula, Octane, Fastrack, Titan HTSE, Zoop, Sonata, Favre-Leuba, SF, Xylys, World of Titan, and Helios brands.
Titan Fundamentals Summary
|TITAN fundamental statistics|
Is TITAN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TITAN income statement (TTM)|
|Cost of Revenue||₹175.90b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||14.72|
|Net Profit Margin||5.55%|
How did TITAN perform over the long term?See historical performance and comparison
0.2%Current Dividend Yield
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: TITAN (₹2085.85) is trading above our estimate of fair value (₹322.29)
Significantly Below Fair Value: TITAN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TITAN is poor value based on its PE Ratio (144.2x) compared to the Indian Luxury industry average (16x).
PE vs Market: TITAN is poor value based on its PE Ratio (144.2x) compared to the Indian market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: TITAN is poor value based on its PEG Ratio (5.2x)
Price to Book Ratio
PB vs Industry: TITAN is overvalued based on its PB Ratio (24.7x) compared to the IN Luxury industry average (1.1x).
How is Titan forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TITAN's forecast earnings growth (27.7% per year) is above the savings rate (6.8%).
Earnings vs Market: TITAN's earnings (27.7% per year) are forecast to grow faster than the Indian market (18.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TITAN's revenue (15.4% per year) is forecast to grow faster than the Indian market (12.6% per year).
High Growth Revenue: TITAN's revenue (15.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TITAN's Return on Equity is forecast to be high in 3 years time (25.3%)
How has Titan performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TITAN has high quality earnings.
Growing Profit Margin: TITAN's current net profit margins (5.5%) are higher than last year (4.7%).
Past Earnings Growth Analysis
Earnings Trend: TITAN's earnings have grown by 2.6% per year over the past 5 years.
Accelerating Growth: TITAN's earnings growth over the past year (52.1%) exceeds its 5-year average (2.6% per year).
Earnings vs Industry: TITAN earnings growth over the past year (52.1%) underperformed the Luxury industry 69.4%.
Return on Equity
High ROE: TITAN's Return on Equity (17.2%) is considered low.
How is Titan's financial position?
Financial Position Analysis
Short Term Liabilities: TITAN's short term assets (₹132.0B) exceed its short term liabilities (₹77.1B).
Long Term Liabilities: TITAN's short term assets (₹132.0B) exceed its long term liabilities (₹12.4B).
Debt to Equity History and Analysis
Debt Level: TITAN's debt to equity ratio (75.2%) is considered high.
Reducing Debt: TITAN's debt to equity ratio has increased from 15.1% to 75.2% over the past 5 years.
Debt Coverage: TITAN's debt is well covered by operating cash flow (73.4%).
Interest Coverage: TITAN's interest payments on its debt are well covered by EBIT (12.8x coverage).
What is Titan current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TITAN's dividend (0.19%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: TITAN's dividend (0.19%) is low compared to the top 25% of dividend payers in the Indian market (1.48%).
Stability and Growth of Payments
Stable Dividend: TITAN's dividend payments have been volatile in the past 10 years.
Growing Dividend: TITAN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.2%), TITAN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TITAN's dividends in 3 years are forecast to be well covered by earnings (34.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Coimbatore Venkataraman (61 yo)
Mr. Coimbatore Krishnamurthy 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 Jewelle...
CEO Compensation Analysis
Compensation vs Market: Coimbatore's total compensation ($USD949.70K) is about average for companies of similar size in the Indian market ($USD1.16M).
Compensation vs Earnings: Coimbatore's compensation has increased by more than 20% in the past year.
Experienced Management: TITAN's management team is considered experienced (2.5 years average tenure).
Experienced Board: TITAN's board of directors are not considered experienced ( 2 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: Insufficient data to determine if 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 employee growth, exchange listings and data sources
- Name: Titan Company Limited
- Ticker: TITAN
- Exchange: NSEI
- Founded: 1984
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹1.852t
- Shares outstanding: 887.79m
- Website: https://www.titancompany.in
Number of Employees
- Titan Company Limited
- Integrity No. 193
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/21 15:27|
|End of Day Share Price||2021/09/21 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.