Titan Company Targets 2x Revenue and Profit Growth by FY30

Titan Company has outlined an ambitious growth strategy to double its consolidated revenue and operating profit by FY30 compared to FY26 levels. The company's roadmap focuses on expanding its jewellery business, strengthening international operations, and scaling emerging consumer segments despite elevated gold prices. 

The announcement comes after a strong FY26 performance, with Titan reporting consolidated revenue of ₹76,078 crore, up 32.7% year-on-year, while net profit surged 52% to ₹5,073 crore. 

Jewellery Business to Remain the Core Growth Driver 

Jewellery continues to be Titan's largest business, contributing nearly 90% of its revenue. The company plans to double revenue from its flagship brands Tanishq, Mia, and Zoya by FY30. 

As part of its long-term strategy, Titan aims to increase its share of India's jewellery market to around 11% while expanding its retail footprint to nearly 1,400 stores. 

The company noted that demand remains resilient across wedding and everyday jewellery categories. Plain gold jewellery has continued to witness stronger growth than studded jewellery despite record-high gold prices, reflecting sustained consumer demand for gold purchases. 

Titan also expects premium and studded jewellery categories to benefit from the growing shift toward branded jewellery and design-led offerings. 

International Expansion to Play a Bigger Role 

Titan expects overseas markets to become a major contributor to growth over the next few years. The company is targeting a 2.5-fold increase in revenue from its international Tanishq and Mia operations by FY30. 

Growth will be driven by expansion across Gulf Cooperation Council (GCC) countries, Singapore, and North America. 

The Middle East remains a key focus area following Titan's acquisition of a 67% stake in Damas Jewellery in July 2025. The company plans to leverage Damas as a platform to expand across Saudi Arabia and the UAE through new store openings, product innovation, and digital initiatives. 

CaratLane Positioned for Faster Growth 

Titan expects CaratLane, its omnichannel jewellery platform, to outpace the broader jewellery business. 

The company is targeting a 2.3-fold increase in CaratLane's revenue by FY30, supported by expansion in affordable and everyday-wear jewellery categories. Investments in technology, customer acquisition, and overseas expansion are also expected to contribute to growth. 

Watches and Eyecare Businesses to Scale Up 

Titan's watches division is targeting a 2.1-fold increase in revenue and a 2.2-fold rise in operating profit by FY30. Growth is expected to be driven by premiumisation, expansion of Helios and luxury watch formats, and continued product innovation. 

Meanwhile, Titan Eye+ is projected to emerge as a significant growth contributor. The company aims to increase eyecare revenue to around ₹3,500 crore by FY30 from ₹1,452 crore in FY26. 

The strategy includes expanding store networks, strengthening omnichannel capabilities, introducing premium products, and scaling newer categories such as smart eyewear. 

Emerging Businesses Expected to Deliver Fastest Growth 

Titan's emerging businesses portfolio, which includes Taneira, fragrances, and fashion accessories, is expected to be the fastest-growing segment within the group. 

The company is targeting a 3.4-fold increase in revenue from these businesses by FY30 while improving profitability to mid-single-digit margins. Titan plans to leverage its customer base of over 50 million consumers to drive growth beyond its core jewellery franchise. 

Titan Company Share Price Performance 

On June 5, 2026, Titan share price closed at ₹4,260.00, up 0.78% on the BSE. The company's market capitalisation stood at ₹3,78,196.90 crore. 

Conclusion 

Titan has set an ambitious FY30 roadmap focused on doubling revenue and operating profit through jewellery expansion, global market penetration, premiumisation, and growth in emerging consumer businesses. While elevated gold prices remain a near-term challenge, the company is betting on formalisation trends, strong brand equity, and international expansion to sustain long-term growth. 

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