Titan Company share price
NSE: TITANBSE: 500114Consumer DurablesLarge Cap
Share price at the NSE close on 30 Oct 2026. Previous close ₹4,434.00.
30 Oct: open ₹4,437.30, high ₹4,486.00, low ₹4,391.30
- Next results date: the board meets on 5 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹3,93,866 Cr18th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 68.38
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 25.08
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.34%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 42.2%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 31.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.72
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 11,43,25466.3% delivered
About Titan Company
Titan Company Limited designs, makes and sells jewellery, watches and wearables, and eyewear.1 It also sells fragrances, women's bags and Indian dress wear, and serves luxury, premium, mid-market and mass-market customers through its retail stores and online.23 It sells across India and abroad, including through subsidiaries in the Gulf countries and the United States.34
Its jewellery brands are Tanishq, Mia by Tanishq, Zoya, CaratLane, Damas and beYon, which sells lab-grown diamond jewellery.5 Its watch brands include Titan, Fastrack, Sonata, Helios and Xylys, and its eyecare brands include Titan Eye+.6 Its emerging businesses include SKINN in fragrances, IRTH in women's bags and Taneira, which sells sarees and other Indian dress wear.678 Its wholly owned subsidiary Titan Engineering & Automation Limited (TEAL) builds automated assembly and testing lines for the automotive, electronics, medical devices and other industries, and makes precision components for aerospace and defence.910
The company was incorporated in 1984, began operations in 1987 as a watch company, moved into jewellery with Tanishq in 1994 and later into eyecare.112 It is a joint venture of the Tata Group and Tamilnadu Industrial Development Corporation Limited (TIDCO); Tata Sons Private Limited and TIDCO are its promoters, each holding 10% or more of its shares.212
Titan Company key points
Results
- In the quarter to Jun 2026, consolidated total income, excluding bullion (raw gold) and digital gold sales, rose 40% to ₹20,753 crore. EBIT (earnings before interest and tax) was ₹2,782 crore and profit after tax ₹1,777 crore.1314
- Titan's consolidated profit before tax rose 64% to ₹2,429 crore. This includes ₹407 crore of gains realised in the quarter from the rise in customs duty on gold from 6% to 15%; adjusted for these gains, profit before tax grew 37%.1516
- In the year to Mar 2026, consolidated revenue was ₹87,584 crore, against ₹60,456 crore a year earlier, and profit after tax was ₹5,073 crore, a margin of 6.7%. Excluding bullion and digital gold sales, total income was ₹76,078 crore, up 33%.171819
Market position
- By its own estimates of the domestic market, the company held about 8.5% of the jewellery market in India at the end of March 2026, and its eyecare business ranked number 2 in organised optical retail.20
- Its watches division held about 27% of India's analog watch segment in the year to Mar 2026, when its analog watch sales grew 24% against market growth of 18%.21
Business segments
- Total income by business, excluding bullion and digital gold sales222324
Item quarter to Jun 2026 Jewellery ₹18,253 crore, up 43% Watches ₹1,543 crore, up 21% Engineering and automation (TEAL) ₹438 crore, up 43% EyeCare ₹289 crore, up 21% - In the quarter to Jun 2026, the Tanishq, Mia, Zoya and beYon jewellery business in India grew about 38% to ₹15,502 crore, with about 5% more buyers. Plain gold jewellery grew about 35% and studded (diamond-set) jewellery about 34%.25
- CaratLane's business in India grew 40.5% to ₹1,441 crore in the quarter to Jun 2026, from ₹1,026 crore a year earlier, and it added 11 stores, net of closures.2627
Where revenue comes from
- International jewellery revenue grew 136% to ₹1,309 crore in the quarter to Jun 2026, with Damas counted only since its acquisition: Tanishq, Mia and CaratLane grew 65% to ₹913 crore and the Damas core business had ₹396 crore.28
- Tanishq, Mia and CaratLane's international business grew about 85% in North America and about 38% in the Gulf Cooperation Council (GCC) countries, with 32 stores abroad at the end of June 2026; Damas had 122 stores across 6 GCC countries.29
- In the year to Mar 2026, the US jewellery retail subsidiary TCL North America had turnover of $195.4 million, against $100.1 million a year earlier.4
Plants and capacity
- Plant locations3031The company has 11 manufacturing and assembly facilities.
Item year to Mar 2026 Watches Hosur, Coimbatore, Pantnagar, Roorkee and Sikkim Jewellery Hosur, Pantnagar, Mumbai and Midnapore EyeCare Chikkaballapur, and a lens lab in Kolkata - TEAL has more than 650,000 sq ft of shop floor space and has delivered more than 850 assembly lines; it serves more than 160 customers and exports to more than 21 countries.9
Branches and reach
What the company expects
- On its earnings call of 7 Aug 2026, the company said it was not giving new guidance and would stick with its earlier guidance of 11% as the centre of gravity for the jewellery business's margin.34
- On its earnings call of 7 Aug 2026, the company said CaratLane's EBIT margin should stabilise around 10% and could progress towards 11%, and TEAL's normalised margin would gradually move towards 12% to 15% or 16% over the mid to long term.35
- On its earnings call of 7 Aug 2026, the company said it is committed to double-digit growth in value in the jewellery business.36
Recent events
- On 10 Sep 2026, CARE Ratings reaffirmed CARE AAA (its highest long-term grade) with a stable outlook and CARE A1+ on the company's bank facilities, and CARE A1+ on its commercial paper (short-term borrowing) programme, which was enlarged in size.37
- On 7 Aug 2026, the board approved setting up a wholly owned subsidiary in Canada for the entry of the Tanishq business into Canada.38
- On 7 Aug 2026, the board approved the Titan Company Limited Performance Based Stock Unit Scheme 2026, an employee share plan in which an employee trust buys shares in the market. It needs shareholder approval by postal ballot; the company's documents give no outcome.38
- On 6 Feb 2026, the company announced it had completed buying 67% of the Damas jewellery business in the GCC countries. Its annual report for the year to Mar 2026 states a pathway to acquire the remaining 33% by the end of 2029.3940
Last updated
All 40 sources, each with its page
- 1. Annual report, 3 Jul 2026, page 218
- 2. Exchange filing, 7 Aug 2026, page 5
- 3. Annual report, 3 Jul 2026, page 219
- 4. Annual report, 3 Jul 2026, page 128
- 5. Annual report, 3 Jul 2026, page 33
- 6. Annual report, 3 Jul 2026, page 66
- 7. Annual report, 3 Jul 2026, page 160
- 8. Annual report, 3 Jul 2026, page 53
- 9. Annual report, 3 Jul 2026, page 57
- 10. Annual report, 3 Jul 2026, page 153
- 11. Annual report, 3 Jul 2026, page 108
- 12. Annual report, 3 Jul 2026, page 136
- 13. Exchange filing, 7 Aug 2026, page 3
- 14. Exchange filing, 7 Aug 2026, page 3
- 15. Exchange filing, 7 Aug 2026, page 3
- 16. Earnings call, 7 Aug 2026, page 3
- 17. Annual report, 3 Jul 2026, page 125
- 18. Investor presentation, 7 Aug 2026, page 45
- 19. Investor presentation, 7 Aug 2026, page 45
- 20. Investor presentation, 7 Aug 2026, page 7
- 21. Annual report, 3 Jul 2026, page 154
- 22. Exchange filing, 7 Aug 2026, page 4
- 23. Exchange filing, 7 Aug 2026, page 5
- 24. Investor presentation, 7 Aug 2026, page 46
- 25. Investor presentation, 7 Aug 2026, page 18
- 26. Investor presentation, 7 Aug 2026, page 21
- 27. Investor presentation, 7 Aug 2026, page 19
- 28. Exchange filing, 7 Aug 2026, page 4
- 29. Investor presentation, 7 Aug 2026, page 20
- 30. Annual report, 3 Jul 2026, page 97
- 31. Annual report, 3 Jul 2026, page 14
- 32. Investor presentation, 7 Aug 2026, page 12
- 33. Investor presentation, 7 Aug 2026, page 32
- 34. Earnings call, 7 Aug 2026, page 5
- 35. Earnings call, 7 Aug 2026, page 15
- 36. Earnings call, 7 Aug 2026, page 17
- 37. Exchange filing, 11 Sep 2026, page 1
- 38. Exchange filing, 7 Aug 2026, page 1
- 39. Exchange filing, 6 Feb 2026, page 1
- 40. Annual report, 3 Jul 2026, page 40
Results
Consolidated; ₹ crore.Titan Company quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +45.1%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +55.1%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹21,356 Crdown 20.67%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹1,777 Crup 50.72%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 8.3%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14,534 | 17,740 | 14,916 | 16,523 | 18,725 | 25,416 | 26,920 | 21,356 |
| Net profit | 704 | 1,047 | 871 | 1,091 | 1,120 | 1,684 | 1,179 | 1,777 |
| Net margin | 4.8% | 5.9% | 5.8% | 6.6% | 6.0% | 6.6% | 4.4% | 8.3% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹87,584 Crup 44.87%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹5,073 Crup 52.02%
- Net margin
- 5.8%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2018, the company's revenue for that year, ₹16,156 Cr, differs from its quarters added, ₹15,876 Cr.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13,100 | 16,156 | 19,779 | 21,052 | 21,644 | 28,799 | 40,575 | 51,084 | 60,456 | 87,584 |
| Net profit | 697 | 1,102 | 1,389 | 1,493 | 979 | 2,197 | 3,274 | 3,496 | 3,337 | 5,073 |
| Net margin | 5.3% | 6.8% | 7.0% | 7.1% | 4.5% | 7.6% | 8.1% | 6.8% | 5.5% | 5.8% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- JewelleryJewellery, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹79,660 Crup 47.61%90.4%
- WatchesWatches, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹5,267 Cr6.0%
- EyecareEyecare, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹916 Crup 14.36%1.0%
- CorporateCorporate, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹287 Cr0.3%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹2,006 Crup 57.33%2.3%
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.Titan Company PE ratio and valuation
At or below today's level on 23% of 2,423 trading days over the last 10 years.
At or below today's level on 57% of 1,976 trading days since Nov 2018.
At or below today's level on 70% of 2,460 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +29.4% | +51.5% | −14.9% | 0.4% |
| 3 years | +16.6% | +15.9% | +0.3% | 0.3% |
| 5 years | +20.8% | +39.1% | −13.4% | 0.3% |
Mutual fund holdings
457 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 181 of the 255 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 5 more funds filed their first portfolio on record, holding it.All 457 funds holding Titan Company
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 2
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 11
- AddedAdded. Funds that held more shares than at the end of the month before.
- 117
- CutCut. Funds that held fewer shares than at the end of the month before.
- 138
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 184
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 7
| Fund | |||
|---|---|---|---|
| 80,15,727 | 1.81% | ₹3,676.8 Cr | |
| 54,87,238 | 2.18% | ₹2,518.6 Cr | |
| 41,21,802 | 5.07% | ₹1,890.7 Cr | |
| 27,48,995 | 1.81% | ₹1,261.0 Cr | |
| 25,85,755 | 2.18% | ₹1,186.9 Cr | |
| 25,73,270 | 1.81% | ₹1,180.4 Cr | |
| 19,30,200 | 3.94% | ₹885.4 Cr | |
| 18,38,236 | 2.88% | ₹843.2 Cr | |
| 16,87,272 | 1.81% | ₹774.0 Cr | |
| 16,00,072 | 1.02% | ₹734.0 Cr |
Promoter and insider buying and selling
Trades made since 31 Oct 2025.Titan Company insider trading
- Others1 purchase, 0 sales₹281 CrNo saleNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.₹281 Cr5 pledge filings of unclear kind · 7 off-market moves
- Promoters and promoter group: no market trade · 13 pledge filings of unclear kind
Titan Company competitors and peers
Gems, Jewellery And Watches, 104 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Titan Company in market cap.Consumer durables companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 51,431 | 35.84 | 8.15 | +45.7% | +79.1% | 25.8% | 31.8% | 0.50% | |
| 20,172 | – | – | – | – | – | – | 0.00% | |
| 15,182 | 16.94 | 1.63 | +29.3% | +45.9% | 10.8% | 9.4% | 0.00% | |
| 13,847 | 35.41 | 9.78 | +83.1% | +262.5% | 31.1% | 25.7% | 0.40% | |
| 13,678 | 34.55 | 9.73 | +73.0% | – | 32.4% | 24.8% | 0.00% | |
| 10,306 | 98.30 | 5.61 | – | – | 6.0% | 9.6% | 0.00% | |
| 8,222 | 16.87 | 2.87 | +50.7% | +64.3% | 21.4% | 14.5% | 0.00% | |
| 6,694 | 64.15 | 4.50 | +30.4% | +12.8% | 8.4% | 7.6% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Titan Company dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 9 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹15.00 |
| 8 Jul 2025 | Final | ₹11.00 |
| 27 Jun 2024 | Final | ₹11.00 |
| 13 Jul 2023 | Final | ₹10.00 |
| 8 Jul 2022 | Final | ₹7.50 |
| 22 Jul 2021 | Final | ₹4.00 |
Latest announcements
Routine notices left out.Titan Company announcements
Oct 2026
23 Oct · Analysts
20 Oct · Board meeting
19 Oct · General Updates
8 Oct · Updates
6 Oct · Updates
Titan Company share price by year
Each calendar year to 2025.Titan Company share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 4,051.50 | +24.5% | 4,051.50 | 2,986.95 |
| 2024 | 3,253.15 | −11.5% | 3,866.65 | 3,120.85 |
| 2023 | 3,675.45 | +41.5% | 3,715.10 | 2,308.10 |
| 2022 | 2,597.50 | +3.0% | 2,769.70 | 1,936.15 |
| 2021 | 2,522.40 | +61.0% | 2,588.80 | 1,402.90 |
| 2020 | 1,567.15 | +31.9% | 1,567.15 | 800.95 |
| 2019 | 1,187.95 | +27.6% | 1,374.55 | 928.00 |
| 2018 | 931.00 | +8.5% | 997.60 | 749.50 |
| 2017 | 858.15 | +162.6% | 868.35 | 333.95 |
| 2016 | 326.80 | −5.9% | 437.45 | 303.30 |
Recent sessions
The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 29 Oct 2026 | 4,342.00 | 4,458.60 | 4,341.00 | 4,434.00 | 4,417.29 | 9,58,380 | 60.3% |
| 28 Oct 2026 | 4,340.00 | 4,380.60 | 4,270.50 | 4,337.90 | 4,336.29 | 5,27,965 | 54.6% |
| 27 Oct 2026 | 4,303.00 | 4,377.20 | 4,300.00 | 4,365.90 | 4,349.75 | 7,49,496 | 57.8% |
| 26 Oct 2026 | 4,281.00 | 4,327.60 | 4,240.80 | 4,323.00 | 4,298.25 | 3,82,563 | 52.4% |
| 23 Oct 2026 | 4,350.00 | 4,350.00 | 4,209.00 | 4,299.70 | 4,257.24 | 6,33,220 | 52.0% |
| 22 Oct 2026 | 4,350.00 | 4,373.70 | 4,300.10 | 4,350.00 | 4,336.71 | 4,26,321 | 53.5% |
| 21 Oct 2026 | 4,431.00 | 4,442.50 | 4,351.00 | 4,380.90 | 4,382.39 | 4,48,729 | 65.1% |
| 19 Oct 2026 | 4,452.00 | 4,494.40 | 4,402.70 | 4,424.20 | 4,433.96 | 6,51,506 | 53.4% |
| 16 Oct 2026 | 4,455.00 | 4,480.00 | 4,431.60 | 4,444.80 | 4,462.14 | 5,77,590 | 66.9% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 23 Jun 2011 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 23 Jun 2011 | Split | 0.1000 | Each share became 10. |
Company details
- NSE symbol
- TITAN
- BSE code
- 500114
- ISIN
- INE280A01028
- Industry
- Consumer Durables
- Website
- www.titancompany.in
- CIN
- L74999TZ1984PLC001456
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1984
- Registered office
- 3, Sipcot Industrial Complex, Hosur 635126, Tamil Nadu
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments