StrengthTalking point
Compounding revenue
Revenue compounded at 32.1% a year over 4 years (₹28,799 → ₹87,584).
Importance 66 / 95 · growth
Titan Company Limited · Research view
Titan Company Limited
NSE: TITANBSE: 500114ISIN INE280A01028Face value ₹1standalone
₹4,535
−3.18% · 2026-10-01 · 52-wk ₹3,408–₹5,169
Financials to FY2026 · 5 years of history · prices to 2026-10-01consolidatedstandalone
Section 02 · Synthesis
What stands out?
The strongest observations the engine found, ranked. Every line is generated from the filed numbers by a fixed rule — no opinion, no estimate.
StrengthConcernWatchContext
StrengthTalking point
Profit outpacing revenue
Profit grew 52.0% while revenue grew 44.9%, so the company kept more of each rupee of revenue as profit.
Importance 60 / 95 · growth
StrengthTalking point
Returns at a multi-year high
ROE of 37.1% is the highest in 4 years (prior range 23.5% to 32.8%).
Importance 58 / 95 · profitability
Section 03 · The company
Who is this company?
Classified by the exchange under Consumer Discretionary › Consumer Durables › Consumer Durables › Gems, Jewellery And Watches.
- Market cap
- ₹4.04 L cr
- FY2026 revenue
- ₹77,554 cr
- FY2026 net profit
- ₹4,630 cr
- Net worth
- ₹20,487 cr
- Total debt
- ₹6,239 cr
- EPS (basic)
- ₹52.00
- Listed
- NSE · BSE
- Reporting
- Ind-ASApr–Mar
Peer set used on this page: 2 gems, jewellery and watches.
Section 04 · Business performance
Is the business growing?
RevenueNet profit
Strength
Revenue compounded at 32.1% a year over 4 years (₹28,799 → ₹87,584).
Rule REVENUE_CAGR_STRONG
- Revenue growth per year
- +29.9%over 4 years
- Revenue growth
- +41.4%vs last year
- Net profit growth
- +38.8%vs last year
- Change in net profit since FY22
- +112%
Profit grew 52.0% while revenue grew 44.9%, so the company kept more of each rupee of revenue as profit.
Net profit grew 52.0% year on year (FY2025 → FY2026).
Revenue grew 44.9% year on year (FY2025 → FY2026).
Section 05 · Recent activity
What changed recently?
Quarterly results, the trailing-twelve-months snapshot, and verified corporate actions — kept separate from each other and from the annual story above. Every figure traces to a filed number; nothing here is external news or commentary.
Strength
Q1 FY27 net profit was ₹1,777 cr, up 62.9% from ₹1,091 cr a year earlier.
Rule QTR_PROFIT_GROWTH_YOY
Strength
Q1 FY27 revenue was ₹21,356 cr, up 29.3% from ₹16,523 cr in Q1 FY26 a year earlier.
Rule QTR_REVENUE_GROWTH_YOY
Strength
Q1 FY27 EBIT was ₹2,780 cr, up 58.8% from ₹1,751 cr a year earlier.
Rule QTR_OPERATING_PERFORMANCE_CHANGE_YOY
A. Quarterly results
RevenueNet profit
| Quarter | Revenue | YoY | Net profit | YoY | Net margin |
|---|---|---|---|---|---|
| Q2 FY25 | 14,534 | — | 704 | — | 4.8% |
| Q3 FY25 | 17,740 | +25.2% | 1,047 | −0.6% | 5.9% |
| Q4 FY25 | 14,916 | +19.4% | 871 | +12.9% | 5.8% |
| Q1 FY26 | 16,523 | +24.6% | 1,091 | +52.4% | 6.6% |
| Q2 FY26 | 18,725 | +28.8% | 1,120 | +59.1% | 6.0% |
| Q3 FY26 | 25,416 | +43.3% | 1,684 | +60.8% | 6.6% |
| Q4 FY26 | 26,920 | +80.5% | 1,179 | +35.4% | 4.4% |
| Q1 FY27 | 21,356 | +29.3% | 1,777 | +62.9% | 8.3% |
B. TTM snapshot
Trailing twelve months to 30 Jun 2026 · sum of the last 4 contiguous quarters
- Revenue
- ₹92,417 crTTM
- EBITDA
- ₹10,008 crTTM
- EBIT
- ₹9,110 crTTM
- PBT
- ₹7,747 crTTM
- Net profit
- ₹5,760 crTTM
C. Corporate actions
9 Jul 2026DividendDividend - Rs. - 15.0000 — ₹15.00/share
8 Jul 2025DividendDividend - Rs. - 11.0000 — ₹11.00/share
27 Jun 2024DividendDividend - Rs. - 11.0000 — ₹11.00/share
13 Jul 2023DividendDividend - Rs. - 10.0000 — ₹10.00/share
8 Jul 2022DividendDividend - Rs. - 7.5000 — ₹7.50/share
22 Jul 2021DividendDividend - Rs. - 4.0000 — ₹4.00/share
3 Aug 2020DividendDividend - Rs. - 4.0000 — ₹4.00/share
29 Jul 2019DividendDividend - Rs. - 5.0000 — ₹5.00/share
23 Jul 2018DividendDividend - Rs. - 3.7500 — ₹3.75/share
24 Jul 2017DividendDividend - Rs. - 2.6000 — ₹2.60/share
22 Mar 2016DividendInterim Dividend - Rs. - 2.2000 — ₹2.20/share
17 Jul 2015DividendDividend - Rs. - 2.3000 — ₹2.30/share
15 Jul 2014DividendDividend - Rs. - 2.1000 — ₹2.10/share
16 Jul 2013DividendDividend - Rs. - 2.1000 — ₹2.10/share
13 Jul 2012DividendDividend - Rs. - 1.7500 — ₹1.75/share
22 Jul 2011DividendDividend - Rs. - 1.2500 — ₹1.25/share
23 Jun 2011Bonus issueBonus issue 1:1 — 1:2
23 Jun 2011Stock splitStock Split From Rs.10/- to Rs.1/- — 10:1
9 Jul 2010DividendDividend - Rs. - 15.0000 — ₹15.00/share
10 Jul 2009DividendDividend - Rs. - 10.0000 — ₹10.00/share
15 Jul 2008DividendDividend - Rs. - 8.0000 — ₹8.00/share
11 Jul 2007DividendDividend - Rs. - 5.0000 — ₹5.00/share
27 Feb 2006Rights issueRight Issue of Partly Convertible Debentures
30 Jul 2001DividendDividend - Rs. - 2.6000 — ₹2.60/share
Section 06 · Business performance
Is it becoming more profitable?
EBITDA marginNet margin
Strength
ROE of 37.1% is the highest in 4 years (prior range 23.5% to 32.8%).
Rule ROE_AT_MULTI_YEAR_HIGH
- EBITDA margin now
- 10.1%
- 5-year range
- 10.1–13.2%
- ROE FY2026
- 24.8%
- ROCE FY2026
- 28.2%
ROE improved from 31.8% to 37.1% year on year.
Section 07 · Financial health
Is financial health improving?
Net worth (shareholders' funds)
Strength
Net worth compounded at 13.9% a year over 4 years (₹9,333 → ₹15,703).
Rule NET_WORTH_COMPOUNDING
Operating cash flowNet profit
- Total debt
- ₹6,239 cr
- Operating cash flow ÷ net profit
- 1.05×FY2026
- Free cash flow
- ₹4,397 cr
- Current ratio
- 1.37×
Debt-to-equity fell from 0.88× to 0.72× year on year.
Section 08 · Relative position
How does it compare with peers?
Ranked against 2 gems, jewellery and watches (FY2026, consolidated). No peer-relative rule fired for this company.
Not enough peers in this set report the underlying metrics yet for a ranking.
- P / E
- 70.1×TTM to Jun 26
- P / B
- 25.7×latest book
- P / S
- 4.4×TTM sales
- Earnings yield
- 1.4%TTM to Jun 26
On the trailing twelve months. Last full year: P/E 79.6× · P/S 4.6× · ROE 37.1%.
Section 09 · The stock
How has the stock performed?
Context
Over 4 years profit compounded at 23.3% a year while the stock returned 12.9% a year — the FY2022 base was somewhat depressed, so part of this is recovery rather than trend.
Rule STOCK_LAGGED_EARNINGS · rebound
- 1-year return
- +33.1%
- 3-year return
- +44.0%
- 5-year return
- +109.6%
- From 52-wk high
- −12.3%
Section 10 · Technical data
What does the technical data say?
Price-action indicators as of 2026-10-01. Secondary to the fundamentals above — included for timing context, not as a signal.
- vs 50-day avg
- Below₹4,941
- vs 200-day avg
- Above₹4,388
- RSI (14)
- 27.5oversold
- MACD histogram
- -42.6
- From 52-wk high
- −12.3%
- From 52-wk low
- +33.1%
- 30-day volatility
- 19.6%ann.
- 6-month return
- +16.3%
Section 11 · Open questions
What should I investigate further?
Observations the engine tagged watch or deteriorating — prompts for your own research, not conclusions.
Nothing is flagged for review for this company.
- The price-adjusted series does not correct for a rights issue (ex-date 2006-02-27) — BSE's corporate-actions feed does not carry the subscription price or ratio a rights adjustment needs, unlike splits and bonuses, which are corrected. Returns spanning that date may be modestly overstated or understated.
Section 12 · Reference
The numbers
The full statements, kept deliberately secondary. Every figure traces to a BSE Integrated Filing (inline XBRL); ratios are recomputed from the normalised facts.
| Metric | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 27,210 | 38,270 | 47,114 | 54,842 | 77,554 |
| Total income | 27,456 | 38,569 | 47,624 | 55,335 | 78,089 |
| EBITDA | 3,525 | 5,069 | 5,534 | 5,785 | 7,838 |
| Profit before tax | 2,932 | 4,465 | 4,607 | 4,481 | 6,198 |
| Net profit | 2,180 | 3,333 | 3,544 | 3,335 | 4,630 |
| EPS (₹) | 24.6 | 37.5 | 39.9 | 37.6 | 52.0 |
| Net worth | 9,373 | 11,994 | 14,457 | 16,811 | 20,487 |
| Total debt | 225 | 1,190 | 5,809 | 7,903 | 6,239 |
| Operating cash flow | −1,050 | 1,810 | 2,079 | −170 | 4,865 |
| Free cash flow | −1,217 | 1,532 | 1,558 | −552 | 4,397 |
| Ratio | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth YoY | — | 40.6 | 23.1 | 16.4 | 41.4 |
| Profit growth YoY | — | 52.9 | 6.3 | -5.9 | 38.8 |
| Profitability | |||||
| EBITDA margin % | 13.0 | 13.2 | 11.7 | 10.5 | 10.1 |
| Net margin % | 7.9 | 8.6 | 7.4 | 6.0 | 5.9 |
| Return on equity % | 23.3 | 31.2 | 26.8 | 21.3 | 24.8 |
| Return on capital % | 33.1 | 41.3 | 30.4 | 23.3 | 28.2 |
| Leverage & cash | |||||
| Debt to equity | 0.02 | 0.10 | 0.40 | 0.47 | 0.30 |
| Cash flow ÷ profit | -0.48 | 0.54 | 0.59 | -0.05 | 1.05 |
| Current ratio | 1.71 | 1.80 | 1.70 | 1.41 | 1.37 |