Titan Company logo

Titan Company share price

NSE: TITANBSE: 500114Consumer DurablesLarge Cap

Titan Company Limited · Formerly Titan Industries · Face value ₹1 · Listed Sep 1987 on BSE, Sep 2004 on NSE
Last close ₹4,436.50up ₹2.50 (0.06%)BSE ₹4,448.00

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

52-week range of traded prices to 30 Oct 2026
₹3,667.30Low, 3 Nov 2025₹5,186.70High, 27 Aug 2026
Market cap
₹3,93,866 Cr18th largest listed
P/E
68.38
P/B
25.08
Dividend yield
0.34%
ROE
42.2%
ROCE
31.5%
Debt to equity
0.72
Volume, NSE
11,43,25466.3% delivered

Titan Company share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

+18.3%over a year · Nifty Consumer Durables −11.3% · Nifty 500 −8.2%

Results20-session average 8,05,955 shares a day, 56.5% 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
    Itemquarter 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 locations3031
    Itemyear to Mar 2026
    WatchesHosur, Coimbatore, Pantnagar, Roorkee and Sikkim
    JewelleryHosur, Pantnagar, Mumbai and Midnapore
    EyeCareChikkaballapur, and a lens lab in Kolkata
    The company has 11 manufacturing and assembly facilities.
  • 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

  • At the end of June 2026, the group had 3,680 stores with 5.4 million sq ft of retail area.32
  • Titan watches are also sold through more than 8,500 multi-brand retailers and more than 600 large-format stores.33

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. 1. Annual report, 3 Jul 2026, page 218
  2. 2. Exchange filing, 7 Aug 2026, page 5
  3. 3. Annual report, 3 Jul 2026, page 219
  4. 4. Annual report, 3 Jul 2026, page 128
  5. 5. Annual report, 3 Jul 2026, page 33
  6. 6. Annual report, 3 Jul 2026, page 66
  7. 7. Annual report, 3 Jul 2026, page 160
  8. 8. Annual report, 3 Jul 2026, page 53
  9. 9. Annual report, 3 Jul 2026, page 57
  10. 10. Annual report, 3 Jul 2026, page 153
  11. 11. Annual report, 3 Jul 2026, page 108
  12. 12. Annual report, 3 Jul 2026, page 136
  13. 13. Exchange filing, 7 Aug 2026, page 3
  14. 14. Exchange filing, 7 Aug 2026, page 3
  15. 15. Exchange filing, 7 Aug 2026, page 3
  16. 16. Earnings call, 7 Aug 2026, page 3
  17. 17. Annual report, 3 Jul 2026, page 125
  18. 18. Investor presentation, 7 Aug 2026, page 45
  19. 19. Investor presentation, 7 Aug 2026, page 45
  20. 20. Investor presentation, 7 Aug 2026, page 7
  21. 21. Annual report, 3 Jul 2026, page 154
  22. 22. Exchange filing, 7 Aug 2026, page 4
  23. 23. Exchange filing, 7 Aug 2026, page 5
  24. 24. Investor presentation, 7 Aug 2026, page 46
  25. 25. Investor presentation, 7 Aug 2026, page 18
  26. 26. Investor presentation, 7 Aug 2026, page 21
  27. 27. Investor presentation, 7 Aug 2026, page 19
  28. 28. Exchange filing, 7 Aug 2026, page 4
  29. 29. Investor presentation, 7 Aug 2026, page 20
  30. 30. Annual report, 3 Jul 2026, page 97
  31. 31. Annual report, 3 Jul 2026, page 14
  32. 32. Investor presentation, 7 Aug 2026, page 12
  33. 33. Investor presentation, 7 Aug 2026, page 32
  34. 34. Earnings call, 7 Aug 2026, page 5
  35. 35. Earnings call, 7 Aug 2026, page 15
  36. 36. Earnings call, 7 Aug 2026, page 17
  37. 37. Exchange filing, 11 Sep 2026, page 1
  38. 38. Exchange filing, 7 Aug 2026, page 1
  39. 39. Exchange filing, 6 Feb 2026, page 1
  40. 40. Annual report, 3 Jul 2026, page 40

Results

Consolidated; ₹ crore.Titan Company quarterly results

Revenue growth, 12 months
+45.1%
Net profit growth, 12 months
+55.1%

Quarter to Jun 2026, against the quarter before

Revenue
₹21,356 Crdown 20.67%
Net profit
₹1,777 Crup 50.72%
Net margin
8.3%

Revenue by quarter

₹14,534 CrSep 24₹17,740 CrDec 24₹14,916 CrMar 25₹16,523 CrJun 25₹18,725 CrSep 25₹25,416 CrDec 25₹26,920 CrMar 26₹21,356 CrJun 26
Peak revenue ₹26,920 Cr, quarter to Mar 2026; lowest ₹14,534 Cr, quarter to Sep 2024

Net profit by quarter, a loss in red

₹704 CrSep 24₹1,047 CrDec 24₹871 CrMar 25₹1,091 CrJun 25₹1,120 CrSep 25₹1,684 CrDec 25₹1,179 CrMar 26₹1,777 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue14,53417,74014,91616,52318,72525,41626,92021,356
Net profit7041,0478711,0911,1201,6841,1791,777
Net margin4.8%5.9%5.8%6.6%6.0%6.6%4.4%8.3%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Jewellery₹79,660 Crup 47.61%90.4%
  • Watches₹5,267 Cr6.0%
  • Eyecare₹916 Crup 14.36%1.0%
  • Corporate₹287 Cr0.3%
  • Others₹2,006 Crup 57.33%2.3%
The pill is the change in revenue on the year before; the share is of all the businesses together.

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

Price to earnings

At or below today's level on 23% of 2,423 trading days over the last 10 years.

LowestHighest
Its median79.88Industry median16.90
Price to book

At or below today's level on 57% of 1,976 trading days since Nov 2018.

LowestHighest
Its median23.38Industry median1.64
Dividend yield

At or below today's level on 70% of 2,460 trading days over the last 10 years.

LowestHighest
Its median0.31%Industry median0.47%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend 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%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Titan Company shareholding pattern

Shareholding by group

  • Promoters52.90%
  • Foreign institutions16.37%
  • Indian institutions14.42%
  • Individuals and others16.20%
  • Employee trusts0.10%
Holder
Tamilnadu Industrial Development Corporation LtdPromoter27.88%
Tata Sons Private LimitedPromoter20.84%
REKHA JHUNJHUNWALAResident individuals, over ₹2 lakh at face value5.31%
Life Insurance Corporation of IndiaInsurance companies2.16%
Tata Investment Corporation LtdPromoter2.01%
NPS TRUST A/C - LIC PENSION FUND LIMITED - NPS LITE SCHEME - GOVT. PATTERNProvident and pension funds1.79%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions +0.99 pts, Indian institutions −0.92 pts, mutual funds −0.72 pts.

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 time
2
Bought again
11
Added
117
Cut
138
Held unchanged
184
Sold out
7
Fund
SBI Mutual Fund logoSBI Nifty 50 ETFSBI Mutual Fund80,15,7271.81%₹3,676.8 Cr
SBI Mutual Fund logoSBI BSE Sensex ETFSBI Mutual Fund54,87,2382.18%₹2,518.6 Cr
HDFC Mutual Fund logoHDFC Large Cap FundHDFC Mutual Fund41,21,8025.07%₹1,890.7 Cr
UTI Mutual Fund logoUTI Nifty 50 ETFUTI Mutual Fund27,48,9951.81%₹1,261.0 Cr
UTI Mutual Fund logoUTI BSE Sensex ETFUTI Mutual Fund25,85,7552.18%₹1,186.9 Cr
Nippon India Mutual Fund logoNippon India ETF Nifty 50 BeESNippon India Mutual Fund25,73,2701.81%₹1,180.4 Cr
UTI Mutual Fund logoUTI Flexi Cap FundUTI Mutual Fund19,30,2003.94%₹885.4 Cr
Axis Mutual Fund logoAxis Large Cap FundAxis Mutual Fund18,38,2362.88%₹843.2 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Nifty 50 ETFICICI Prudential Mutual Fund16,87,2721.81%₹774.0 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund16,00,0721.02%₹734.0 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 31 Oct 2025.Titan Company insider trading

Bought on the market Sold on the market
  • Others1 purchase, 0 sales₹281 CrNo saleNet₹281 Cr5 pledge filings of unclear kind · 7 off-market moves
  • Promoters and promoter group: no market trade · 13 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

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

Return on equity across, P/E up, size is market cap
Company
Kalyan Jewellers India logoKalyan Jewellers IndiaKALYANKJIL51,43135.848.15+45.7%+79.1%25.8%31.8%0.50%
Lalithaa Jewellery Mart logoLalithaa Jewellery MartLALITHAA20,172––––––0.00%
PC Jeweller logoPC JewellerPCJEWELLER15,18216.941.63+29.3%+45.9%10.8%9.4%0.00%
Thangamayil Jewellery logoThangamayil JewelleryTHANGAMAYL13,84735.419.78+83.1%+262.5%31.1%25.7%0.40%
Sky Gold and Diamonds logoSky Gold and DiamondsSKYGOLD13,67834.559.73+73.0%–32.4%24.8%0.00%
BlueStone Jewellery and Lifestyle logoBlueStone Jewellery and LifestyleBLUESTONE10,30698.305.61––6.0%9.6%0.00%
P N Gadgil Jewellers logoP N Gadgil JewellersPNGJL8,22216.872.87+50.7%+64.3%21.4%14.5%0.00%
Ethos logoEthosETHOSLTD6,69464.154.50+30.4%+12.8%8.4%7.6%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

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

2.6Mar 173.8Mar 185Mar 194Mar 204Mar 217.5Mar 2210Mar 2311Mar 2411Mar 2515Mar 26
Highest ₹15.00 a share, year to Mar 2026.
Ex-dateTypePer share
9 Jul 2026Final₹15.00
8 Jul 2025Final₹11.00
27 Jun 2024Final₹11.00
13 Jul 2023Final₹10.00
8 Jul 2022Final₹7.50
22 Jul 2021Final₹4.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Titan Company announcements

Titan Company share price by year

Each calendar year to 2025.Titan Company share price history

YearClose at year endChangeHighest closeLowest close
20254,051.50+24.5%4,051.502,986.95
20243,253.15−11.5%3,866.653,120.85
20233,675.45+41.5%3,715.102,308.10
20222,597.50+3.0%2,769.701,936.15
20212,522.40+61.0%2,588.801,402.90
20201,567.15+31.9%1,567.15800.95
20191,187.95+27.6%1,374.55928.00
2018931.00+8.5%997.60749.50
2017858.15+162.6%868.35333.95
2016326.80−5.9%437.45303.30
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
29 Oct 20264,342.004,458.604,341.004,434.004,417.299,58,38060.3%
28 Oct 20264,340.004,380.604,270.504,337.904,336.295,27,96554.6%
27 Oct 20264,303.004,377.204,300.004,365.904,349.757,49,49657.8%
26 Oct 20264,281.004,327.604,240.804,323.004,298.253,82,56352.4%
23 Oct 20264,350.004,350.004,209.004,299.704,257.246,33,22052.0%
22 Oct 20264,350.004,373.704,300.104,350.004,336.714,26,32153.5%
21 Oct 20264,431.004,442.504,351.004,380.904,382.394,48,72965.1%
19 Oct 20264,452.004,494.404,402.704,424.204,433.966,51,50653.4%
16 Oct 20264,455.004,480.004,431.604,444.804,462.145,77,59066.9%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
23 Jun 2011Bonus0.5000Holders received 1 bonus share for every 1 held.
23 Jun 2011Split0.1000Each share became 10.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson
Sankaran Vijayakumar
At the end of the quarter to Sep 2026
Managing director
Ajoy Hiro Chawla
At the end of the quarter to Sep 2026
NSE symbol
TITAN
BSE code
500114
ISIN
INE280A01028
Industry
Consumer Durables
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
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