Titan Company Q1 results, quarter to Jun 2026

NSE: TITANBSE: 500114Consumer DurablesLarge Cap

Titan Company Limited · Formerly Titan Industries · Face value ₹1 · Listed Sep 1987 on BSE, Sep 2004 on NSE

₹4,436.50₹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

Next results date: the board meets on 5 Nov 2026 to consider: financial results. The notice · Results calendar

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 filed its Q1 results for the quarter to Jun 2026 on 7 Aug 2026 at 6:43 pm, consolidated: the company and its subsidiaries together.

Q1 results, quarter to Jun 2026

₹ crore.Titan Company annual results and balance sheet

Revenue: ₹21,356 Cr+29.3% on a year ago · −20.7% on the quarter before
Operating profit: ₹2,890 Cr+57.9% on a year ago · +49.2% on the quarter before
Net profit: ₹1,777 Cr+62.9% on a year ago · +50.7% on the quarter before
Earnings per share: ₹20.03+62.8% on a year ago · +54.1% on the quarter before
Operating margin: 13.5%
Net margin: 8.3%

From revenue to net profit, ₹ crore

Revenue21,356
Materials and goods−15,949
Employee costs−804
Other expenses−1,713
Operating profit2,890
Depreciation−256
Other income+146
Finance costs−353
Profit before tax2,427
Tax−652
Joint ventures+2.0
Net profit1,777

Titan Company results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Jun 2026. Results for the quarter to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.Results filings and date

Revenue and net profit by quarter, ₹ crore

Revenue
Net profit

Peak revenue ₹26,920 Cr, quarter to Mar 2026; lowest ₹12,494 Cr, quarter to Mar 2024

Operating and net margin by quarter, per cent

Operating margin
Net margin

₹ crore	Sep 2021	Dec 2021Q3	Mar 2022	Jun 2022Q1	Sep 2022	Dec 2022Q3	Mar 2023	Jun 2023Q1	Sep 2023	Dec 2023Q3	Mar 2024	Jun 2024Q1	Sep 2024Filed 5 Nov	Dec 2024Q3Filed 4 Feb	Mar 2025Q4	Jun 2025Q1Filed 7 Aug	Sep 2025Q2Filed 3 Nov	Dec 2025Q3	Mar 2026Q4Filed 8 May	Jun 2026Q1
Revenue from operations	7,493	10,037	7,796	9,443	9,163	11,609	10,360	11,897	12,529	14,164	12,494	13,266	14,534	17,740	14,916	16,523	18,725	25,416	26,920	21,356
	6,526	8,595	7,001	8,247	7,916	10,262	9,271	10,772	11,118	12,599	11,303	12,019	13,298	16,066	13,379	14,693	16,850	22,703	24,983	18,466
Materials and goods bought	5,618	7,501	5,827	7,038	6,630	8,840	7,847	9,255	9,599	10,870	9,708	10,336	11,522	14,083	11,515	12,811	14,709	20,387	22,400	15,949
Employee costs	317	324	395	387	392	411	457	448	463	480	473	523	519	555	559	591	616	646	828	804
Other expenses	590	771	779	822	894	1,011	967	1,069	1,056	1,249	1,122	1,160	1,257	1,428	1,305	1,291	1,525	1,670	1,755	1,713
Operating profit before depreciation	967	1,442	795	1,196	1,247	1,347	1,089	1,126	1,411	1,565	1,191	1,247	1,236	1,674	1,537	1,830	1,875	2,713	1,937	2,890
Operating margin	12.9%	14.4%	10.2%	12.7%	13.6%	11.6%	10.5%	9.5%	11.3%	11.0%	9.5%	9.4%	8.5%	9.4%	10.3%	11.1%	10.0%	10.7%	7.2%	13.5%
Depreciation and amortisation	104	98	102	103	106	113	119	128	144	154	158	164	171	175	183	184	189	207	246	256
Other income	55	57	76	44	61	89	114	114	124	136	159	120	122	128	116	105	112	151	184	146
Finance costs	51	57	61	65	60	79	96	109	140	169	201	230	240	231	252	271	277	282	350	353
Profit before one-off items and tax	868	1,344	707	1,072	1,142	1,244	988	1,002	1,251	1,378	991	973	947	1,396	1,218	1,480	1,521	2,375	1,525	2,427
One-off items	0	0	−54	0	0	0	0	0	0	0	0	0	0	0	0	0	0	−152	51	0
Profit before tax	868	1,344	653	1,072	1,142	1,244	988	1,002	1,251	1,378	991	973	947	1,396	1,218	1,480	1,521	2,223	1,576	2,427
	227	332	126	282	307	332	252	246	336	325	220	258	244	349	347	389	402	539	398	652
Current tax	229	335	201	272	300	320	255	252	316	329	204	258	245	354	326	378	403	556	403	654
Deferred tax	−2	−3	−75	10	7	12	−3	−6	20	−4	16	0	−1	−5	21	11	−1	−17	−5	−2
Tax rate	26.1%	24.7%	19.4%	26.3%	26.9%	26.7%	25.5%	24.6%	26.9%	23.6%	22.2%	26.5%	25.8%	25.0%	28.5%	26.3%	26.4%	24.2%	25.3%	26.9%
Share of profit of joint ventures and associates	–	–	–	–	–	1	–	0	1	0	0	0	1	0	–	–	1	–	1	2
	641	1,013	526	790	835	913	736	756	916	1,053	771	716	704	1,047	871	1,091	1,120	1,684	1,179	1,777
Belonging to the company's shareholders	639	1,004	510	785	831	904	730	753	915	1,053	771	715	704	1,047	871	1,091	1,120	1,684	1,179	1,777
Belonging to outside owners of subsidiaries	2	8	–	5	4	9	6	3	1	0	0	0	0	0	0	0	0	0	0	0
Other comprehensive income	−54	−2	17	−1	−30	−19	11	−4	−13	1	−47	−114	8	−3	−27	−6	−66	18	−42	−5
Total comprehensive income	587	1,010	543	788	805	894	747	752	903	1,054	724	601	712	1,044	844	1,085	1,054	1,702	1,137	1,772
Net margin	8.6%	10.1%	6.8%	8.4%	9.1%	7.9%	7.1%	6.4%	7.3%	7.4%	6.2%	5.4%	4.8%	5.9%	5.8%	6.6%	6.0%	6.6%	4.4%	8.3%
Net margin without joint ventures and associates	–	–	–	–	–	7.9%	–	6.4%	7.3%	7.4%	6.2%	5.4%	4.8%	5.9%	–	–	6.0%	–	4.4%	8.3%
Earnings per share	₹7.20	₹11.31	₹5.75	₹8.84	₹9.36	₹10.18	₹8.22	₹8.48	₹10.31	₹11.91	₹8.68	₹8.06	₹7.94	₹11.80	₹9.82	₹12.30	₹12.63	₹18.98	₹13.00	₹20.03
Diluted earnings per share	–	–	–	₹8.84	₹9.36	₹10.18	₹8.22	₹8.48	₹10.31	₹11.90	–	₹8.06	₹7.93	₹11.80	₹9.82	₹12.30	₹12.62	₹18.97	₹13.00	₹20.02

Earnings per share in rupees, restated for later splits and bonuses.

Segment results by quarter

Consolidated, ₹ crore, quarters to Jun 2026.Titan Company segment results by year

Jewellery
Revenue, ₹ crore
11,081
12,742
11,005
11,808
12,771
16,134
13,253
14,647
16,522
23,492
24,999
19,002
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
1,217
1,482
1,091
1,102
974
1,490
1,333
1,408
1,506
2,475
1,820
2,360
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Watches
Revenue, ₹ crore
1,273
1,477
1,295
1,222
1,543
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
287
238
156
143
295
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Others
Revenue, ₹ crore
218
313
470
277
301
312
385
415
557
457
577
566
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
−2
5
39
−15
−4
1
26
61
70
10
32
104
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Eyecare
Revenue, ₹ crore
189
168
166
210
202
196
193
238
220
231
227
289
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
25
13
7
19
22
20
19
20
12
24
21
24
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26

₹ crore	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue of all businesses	12,580	14,209	12,580	13,318	14,656	17,868	14,965	16,573	18,776	25,475	27,104	21,400
Company revenue, as in its results	12,529	14,164	12,494	13,266	14,534	17,740	14,916	16,523	18,725	25,416	26,920	21,356
Revenue	11,081	12,742	11,005	11,808	12,771	16,134	13,253	14,647	16,522	23,492	24,999	19,002
Revenue growth	38.6%	22.0%	20.7%	10.4%	15.3%	26.6%	20.4%	24.0%	29.4%	45.6%	88.6%	29.7%
Profit	1,217	1,482	1,091	1,102	974	1,490	1,333	1,408	1,506	2,475	1,820	2,360
Profit growth	11.9%	19.2%	8.7%	7.9%	−20.0%	0.5%	22.2%	27.8%	54.6%	66.1%	36.5%	67.6%
Margin	11.0%	11.6%	9.9%	9.3%	7.6%	9.2%	10.1%	9.6%	9.1%	10.5%	7.3%	12.4%
Assets	21,250	20,091	21,632	22,658	27,598	24,224	30,219	29,897	39,375	39,527	47,325	49,692
Liabilities	13,375	15,758	13,049	15,923	19,432	18,686	18,820	19,710	27,890	28,932	33,753	31,537
Capital employed	7,875	4,333	8,583	6,735	8,166	5,538	11,399	10,187	11,485	10,595	13,572	18,155
Revenue	–	–	–	–	–	–	–	1,273	1,477	1,295	1,222	1,543
Revenue growth	–	–	–	–	–	–	–	–	–	–	–	21.2%
Profit	–	–	–	–	–	–	–	287	238	156	143	295
Profit growth	–	–	–	–	–	–	–	–	–	–	–	2.8%
Margin	–	–	–	–	–	–	–	22.5%	16.1%	12.0%	11.7%	19.1%
Assets	–	–	–	–	–	–	–	4,467	4,715	4,546	4,970	5,367
Liabilities	–	–	–	–	–	–	–	1,376	1,549	1,542	1,528	1,502
Capital employed	–	–	–	–	–	–	–	3,091	3,166	3,004	3,442	3,865
Revenue	218	313	470	277	301	312	385	415	557	457	577	566
Revenue growth	11.2%	46.3%	87.3%	102.8%	38.1%	−0.3%	−18.1%	49.8%	85.0%	46.5%	49.9%	36.4%
Profit	−2	5	39	−15	−4	1	26	61	70	10	32	104
Profit growth	–	–	–	–	–	−86.2%	−33.3%	–	–	1,349.3%	23.1%	70.5%
Margin	−0.9%	1.6%	8.3%	−5.4%	−1.3%	0.2%	6.8%	14.7%	12.6%	2.2%	5.5%	18.4%
Assets	1,127	1,326	1,412	1,488	1,477	1,509	1,446	1,742	1,859	1,905	1,910	2,050
Liabilities	538	717	738	795	769	786	671	886	933	972	940	979
Capital employed	589	609	674	693	708	723	775	856	926	933	970	1,071
Revenue	189	168	166	210	202	196	193	238	220	231	227	289
Revenue growth	13.2%	−3.4%	0.6%	3.4%	6.9%	16.7%	16.3%	13.3%	8.9%	17.9%	17.6%	21.4%
Profit	25	13	7	19	22	20	19	20	12	24	21	24
Profit growth	−10.7%	−59.4%	250.0%	−45.7%	−12.0%	51.8%	171.4%	5.3%	−45.5%	21.6%	10.5%	20.0%
Margin	13.2%	7.7%	4.2%	9.0%	10.9%	10.1%	9.8%	8.4%	5.5%	10.4%	9.3%	8.3%
Assets	711	682	657	660	662	635	667	697	706	698	728	726
Liabilities	388	375	394	408	398	377	402	403	401	430	440	446
Capital employed	323	307	263	252	264	258	265	294	305	268	288	280
Revenue	–	–	–	–	78	89	–	–	–	–	79	–
Profit	–	–	–	–	0	8	–	–	–	–	−141	–
Margin	–	–	–	–	0.0%	9.1%	–	–	–	–	−178.5%	–
Assets	–	–	–	–	4,545	4,680	–	–	–	–	5,628	–
Liabilities	–	–	–	–	7,235	3,504	–	–	–	–	8,197	–
Capital employed	–	–	–	–	−2,690	1,176	–	–	–	–	−2,569	–
Revenue	1,092	986	939	1,023	1,304	1,137	1,134	–	–	–	–	–
Revenue growth	31.6%	21.6%	6.3%	12.0%	19.4%	15.3%	20.8%	–	–	–	–	–
Profit	160	56	76	111	196	108	133	–	–	–	–	–
Profit growth	31.1%	−31.7%	−28.3%	9.8%	22.5%	93.3%	75.0%	–	–	–	–	–
Margin	14.7%	5.7%	8.1%	10.9%	15.0%	9.5%	11.7%	–	–	–	–	–
Assets	3,582	3,470	3,651	4,087	4,544	4,367	4,208	–	–	–	–	–
Liabilities	1,050	1,017	995	1,162	1,256	1,274	1,225	–	–	–	–	–
Capital employed	2,532	2,453	2,656	2,925	3,288	3,093	2,983	–	–	–	–	–
Revenue	73	91	73	68	–	–	67	55	61	92	–	102
Profit	−8	−9	−21	−14	–	–	−41	−25	−27	−8	–	−1
Assets	6,262	4,988	4,198	5,292	–	–	4,107	4,785	5,375	6,412	–	6,049
Liabilities	5,116	3,960	6,981	5,894	–	–	705	6,492	8,454	6,670	–	11,932

Profit is before tax and finance costs, the way companies report their segments.

Q1 results, quarter to Jun 2026

From revenue to net profit, ₹ crore

Titan Company results by quarter

Revenue and net profit by quarter, ₹ crore

Operating and net margin by quarter, per cent

Segment results by quarter

Jewellery

Watches

Others

Eyecare