About
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, Eyecare, and Others. The company designs, manufactures, and retails watches and wearables under the Nebula, Titan, Titan Clocks, Zoop, Titan Octane, Raga, Xylys, Edge, Fastrack, Sonata, Titan Smart, Fastrack smart, SF, Titan World, and Helios brands; jewellery products under the Mia, CaratLane, Tanishq, and Zoya brands; and eyecare products under the Titan Glares, Titan Eye+ and Fastrack Eyecare brands. It also offers sarees, dress materials, and ready-to-wear kurtas under the Taneira brand; perfumes under the SKINN brand; belts and wallets under the TITAN brand; and bags under the Fastrack and IRTH brands. In addition, the company provides manufacturing services and automation solutions for aerospace, defense, transportation, electrical and electronics, and medical sectors. It offers its products through owned and franchised retail stores, as well as online. The company was formerly known as Titan Industries Limited and changed its name to Titan Company Limited in August 2013. Titan Company Limited was incorporated in 1984 and is based in Bengaluru, India.
Key Metrics
as of Sep 2026Market Cap451,689 Cr
P/E77.40
Div Yield0.30 %
Book Value₹177.00
52w High₹5,187.00
52w Low₹3,303.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 21,356.00 | 26,920.00 | 25,416.00 | 18,725.00 | 16,523.00 | 14,916.00 | 17,740.00 | 14,534.00 | 13,266.00 | 12,494.00 | 14,164.00 | 12,529.00 | 11,897.00 |
| Expenses | 18,466.00 | 24,982.00 | 22,703.00 | 16,850.00 | 14,693.00 | 13,379.00 | 16,066.00 | 13,298.00 | 12,019.00 | 11,303.00 | 12,599.00 | 11,118.00 | 10,772.00 |
| Operating Profit | 2,890.00 | 1,938.00 | 2,713.00 | 1,875.00 | 1,830.00 | 1,537.00 | 1,674.00 | 1,236.00 | 1,247.00 | 1,191.00 | 1,565.00 | 1,411.00 | 1,125.00 |
| OPM % | 14.00 | 7.00 | 11.00 | 10.00 | 11.00 | 10.00 | 9.00 | 8.00 | 9.00 | 10.00 | 11.00 | 11.00 | 9.00 |
| Other Income | 148.00 | 235.00 | -1.00 | 113.00 | 105.00 | 116.00 | 128.00 | 123.00 | 120.00 | 159.00 | 136.00 | 125.00 | 114.00 |
| Depreciation | 256.00 | 246.00 | 207.00 | 189.00 | 184.00 | 183.00 | 175.00 | 171.00 | 164.00 | 158.00 | 154.00 | 144.00 | 128.00 |
| Interest | 353.00 | 350.00 | 282.00 | 277.00 | 271.00 | 252.00 | 231.00 | 240.00 | 230.00 | 201.00 | 169.00 | 140.00 | 109.00 |
| Profit before tax | 2,429.00 | 1,577.00 | 2,223.00 | 1,522.00 | 1,480.00 | 1,218.00 | 1,396.00 | 948.00 | 973.00 | 991.00 | 1,378.00 | 1,252.00 | 1,002.00 |
| Tax % | 27.00 | 25.00 | 24.00 | 26.00 | 26.00 | 28.00 | 25.00 | 26.00 | 27.00 | 22.00 | 24.00 | 27.00 | 25.00 |
| Net Profit | 1,777.00 | 1,179.00 | 1,684.00 | 1,120.00 | 1,091.00 | 871.00 | 1,047.00 | 704.00 | 715.00 | 771.00 | 1,053.00 | 916.00 | 756.00 |
| EPS in Rs | 20.02 | 13.28 | 18.97 | 12.62 | 12.29 | 9.81 | 11.79 | 7.93 | 8.05 | 8.68 | 11.86 | 10.31 | 8.48 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 87,584.00 | 60,456.00 | 51,084.00 | 40,575.00 | 28,799.00 | 21,644.00 | 21,052.00 | 19,779.00 | 16,120.00 | 13,261.00 | 11,276.00 | 11,913.00 |
| Expenses | 79,227.00 | 54,762.00 | 45,792.00 | 35,693.00 | 25,455.00 | 19,919.00 | 18,589.00 | 17,785.00 | 14,476.00 | 12,097.00 | 10,337.00 | 10,761.00 |
| Operating Profit | 8,357.00 | 5,694.00 | 5,292.00 | 4,882.00 | 3,344.00 | 1,725.00 | 2,463.00 | 1,994.00 | 1,644.00 | 1,164.00 | 939.00 | 1,153.00 |
| OPM % | 10.00 | 9.00 | 10.00 | 12.00 | 12.00 | 8.00 | 12.00 | 10.00 | 10.00 | 9.00 | 8.00 | 10.00 |
| Other Income | 450.00 | 487.00 | 534.00 | 306.00 | 177.00 | 180.00 | 153.00 | 178.00 | 70.00 | -42.00 | 69.00 | 67.00 |
| Interest | 1,180.00 | 953.00 | 619.00 | 300.00 | 218.00 | 203.00 | 166.00 | 53.00 | 53.00 | 38.00 | 42.00 | 81.00 |
| Depreciation | 826.00 | 693.00 | 584.00 | 441.00 | 399.00 | 375.00 | 348.00 | 163.00 | 131.00 | 111.00 | 98.00 | 90.00 |
| Profit before tax | 6,801.00 | 4,535.00 | 4,623.00 | 4,447.00 | 2,904.00 | 1,327.00 | 2,102.00 | 1,957.00 | 1,530.00 | 973.00 | 868.00 | 1,049.00 |
| Tax % | 25.00 | 26.00 | 24.00 | 26.00 | 24.00 | 27.00 | 29.00 | 29.00 | 28.00 | 28.00 | 22.00 | 22.00 |
| Net Profit | 5,073.00 | 3,337.00 | 3,496.00 | 3,274.00 | 2,198.00 | 974.00 | 1,493.00 | 1,389.00 | 1,102.00 | 697.00 | 675.00 | 816.00 |
| EPS in Rs | 57.14 | 37.59 | 39.38 | 36.61 | 24.48 | 10.96 | 16.91 | 15.82 | 12.73 | 8.01 | 7.60 | 9.19 |
| Dividend Payout % | 26.00 | 29.00 | 28.00 | 27.00 | 31.00 | 37.00 | 24.00 | 32.00 | 29.00 | 32.00 | 29.00 | 25.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 89.00 | 89.00 | 89.00 | 89.00 | 89.00 | 89.00 | 89.00 | 89.00 | 89.00 | 89.00 | 89.00 | 89.00 |
| Reserves | 15,614.00 | 11,535.00 | 9,304.00 | 11,762.00 | 9,214.00 | 7,408.00 | 6,580.00 | 5,981.00 | 5,001.00 | 4,144.00 | 3,418.00 | 2,995.00 |
| Borrowings | 30,621.00 | 20,777.00 | 15,528.00 | 9,367.00 | 7,275.00 | 5,638.00 | 3,562.00 | 2,393.00 | 1,691.00 | 1,882.00 | 113.00 | 100.00 |
| Other Liabilities | 14,237.00 | 8,244.00 | 6,626.00 | 5,802.00 | 4,610.00 | 3,309.00 | 3,313.00 | 3,247.00 | 2,740.00 | 2,293.00 | 2,723.00 | 2,684.00 |
| Total Liabilities | 60,561.00 | 40,645.00 | 31,547.00 | 27,020.00 | 21,188.00 | 16,444.00 | 13,544.00 | 11,710.00 | 9,521.00 | 8,408.00 | 6,342.00 | 5,868.00 |
| Fixed Assets | 6,878.00 | 4,062.00 | 3,709.00 | 2,998.00 | 2,544.00 | 2,523.00 | 2,633.00 | 1,567.00 | 1,474.00 | 1,189.00 | 771.00 | 699.00 |
| CWIP | 163.00 | 105.00 | 97.00 | 144.00 | 85.00 | 32.00 | 18.00 | 32.00 | 43.00 | 152.00 | 107.00 | 55.00 |
| Investments | 3,506.00 | 1,988.00 | 2,345.00 | 2,515.00 | 294.00 | 2,824.00 | 158.00 | 108.00 | 36.00 | 431.00 | 30.00 | 3.00 |
| Other Assets | 50,014.00 | 34,490.00 | 25,396.00 | 21,363.00 | 18,265.00 | 11,065.00 | 10,735.00 | 10,003.00 | 7,968.00 | 6,636.00 | 5,434.00 | 5,111.00 |
| Total Assets | 60,561.00 | 40,645.00 | 31,547.00 | 27,020.00 | 21,188.00 | 16,444.00 | 13,544.00 | 11,710.00 | 9,521.00 | 8,408.00 | 6,342.00 | 5,868.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 5,590.00 | -541.00 | 1,695.00 | 1,370.00 | -724.00 | 4,139.00 | -348.00 | 1,243.00 | -51.00 | 1,712.00 | 576.00 | 503.00 |
| Cash from Investing Activity | -2,965.00 | 546.00 | -189.00 | -1,814.00 | 1,165.00 | -2,799.00 | 235.00 | -797.00 | 98.00 | -953.00 | -159.00 | -118.00 |
| Cash from Financing Activity | -2,159.00 | -7.00 | -1,329.00 | 457.00 | -403.00 | -1,234.00 | -242.00 | -489.00 | -252.00 | -166.00 | -505.00 | -1,005.00 |
| Net Cash Flow | 466.00 | -2.00 | 177.00 | 13.00 | 38.00 | 106.00 | -355.00 | -43.00 | -206.00 | 594.00 | -88.00 | -620.00 |
| Free Cash Flow | 4,713.00 | -1,011.00 | 1,024.00 | 950.00 | -940.00 | 4,000.00 | -693.00 | 980.00 | -350.00 | 1,461.00 | 324.00 | 296.00 |
| CFO/OP % | 88.00 | 10.00 | 54.00 | 52.00 | 2.00 | 256.00 | 8.00 | 94.00 | 25.00 | 171.00 | 83.00 | 65.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 4.00 | 6.00 | 7.00 | 6.00 | 7.00 | 6.00 | 5.00 | 8.00 | 7.00 | 6.00 | 6.00 | 6.00 |
| Inventory Days | 222.00 | 217.00 | 176.00 | 199.00 | 230.00 | 187.00 | 195.00 | 178.00 | 185.00 | 189.00 | 198.00 | 169.00 |
| Days Payable | 15.00 | 15.00 | 13.00 | 15.00 | 22.00 | 18.00 | 14.00 | 23.00 | 27.00 | 30.00 | 74.00 | 81.00 |
| Cash Conversion Cycle | 211.00 | 208.00 | 171.00 | 191.00 | 215.00 | 176.00 | 186.00 | 163.00 | 164.00 | 165.00 | 131.00 | 94.00 |
| Working Capital Days | 28.00 | 35.00 | 42.00 | 51.00 | 68.00 | 36.00 | 69.00 | 55.00 | 60.00 | 42.00 | 74.00 | 59.00 |
| ROCE % | 21.00 | 19.00 | 23.00 | 25.00 | 21.00 | 13.00 | 24.00 | 26.00 | 25.00 | 23.00 | 27.00 | 35.00 |
Corporate Actions
29 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 09 Jul 2026 | 09 Jul 2026 | — | 15.00 | |
| Dividend | 08 Jul 2025 | 08 Jul 2025 | — | 11.00 | |
| Dividend | 27 Jun 2024 | — | — | 11.00 | |
| Dividend | 13 Jul 2023 | — | — | 10.00 | |
| Dividend | 08 Jul 2022 | — | — | 7.50 | |
| Dividend | 22 Jul 2021 | — | — | 4.00 | |
| Dividend | 03 Aug 2020 | — | — | 4.00 | |
| Dividend | 29 Jul 2019 | — | — | 5.00 | |
| Dividend | 23 Jul 2018 | — | — | 3.75 | |
| Dividend | 24 Jul 2017 | — | — | 2.60 | |
| Other | 22 Jul 2016 | — | — | — | Annual General Meeting |
| Dividend | 22 Mar 2016 | 24 Mar 2016 | — | 2.20 | |
| Dividend | 17 Jul 2015 | — | — | 2.30 | |
| Dividend | 15 Jul 2014 | — | — | 2.10 | |
| Dividend | 16 Jul 2013 | — | — | 2.10 | |
| Dividend | 13 Jul 2012 | — | — | 1.75 | |
| Dividend | 22 Jul 2011 | — | — | 1.25 | |
| Split | 23 Jun 2011 | 24 Jun 2011 | 10:1 | — | |
| Bonus | 23 Jun 2011 | 24 Jun 2011 | 1:1 | — | |
| Dividend | 09 Jul 2010 | — | — | 15.00 | |
| Dividend | 10 Jul 2009 | — | — | 10.00 | |
| Dividend | 15 Jul 2008 | — | — | 8.00 | NSE/BSE dividend mismatch: NSE=0.8; BSE=8.0 |
| Dividend | 15 Jul 2008 | — | — | 0.80 | NSE/BSE dividend mismatch: NSE=0.8; BSE=8.0 |
| Dividend | 11 Jul 2007 | — | — | 5.00 | NSE/BSE dividend mismatch: NSE=0.5; BSE=5.0 |
| Dividend | 11 Jul 2007 | — | — | 0.50 | NSE/BSE dividend mismatch: NSE=0.5; BSE=5.0 |
| Dividend | 04 Aug 2006 | — | — | 0.30 | |
| Other | 27 Feb 2006 | 06 Mar 2006 | — | — | Right Issue of Partly Convertible Debentures |
| Dividend | 12 Aug 2005 | — | — | 0.20 | |
| Dividend | 30 Jul 2001 | — | — | 2.60 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update3 Aug from care
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Rating update30 Jul from crisil
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Rating update8 Jul from icra
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Rating update29 May from care
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Rating update29 Sep 2025 from icra
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Rating update3 Sep 2025 from icra
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