Titan Share Price in Focus; Reports Gold Price Impact on Customer Growth and Sales Mix

As per Bloomberg report, Titan Co., India’s largest jewellery maker, disclosed that record‑high gold prices are limiting the number of new buyers, while sales growth is now coming from higher ticket sizes and a shift to lower‑carat pieces. 

Gold Prices Slow Customer Growth for Titan 

In the quarter ended December 2025, gold jewellery demand in India fell 24% to 430.5 tons, according to the World Gold Council.  

The rise in gold prices has tightened budgets, reducing the volume of gold that consumers can purchase. Titan’s CFO noted that the company is seeking a balance between attracting new buyers and benefiting from higher prices. 

Sales Mix Shifts to Higher Prices and Lower Carat 

To counter the volume dip, Titan is promoting gold‑exchange programmes and encouraging customers to consider lower‑carat designs. Despite the lower volumes, overall jewellery sales reached ₹22,517 crore, up 42% year‑on‑year, largely driven by the wedding and festival season. 

The Tanishq, Mia and Zoya brands together generated ₹19,921 crore in revenue, while CaratLane contributed ₹1,537 crore. 

Quarterly Financial Highlights 

Consolidated net profit rose 61% to ₹1,684 crore and total income increased 40% to ₹24,592 crore. EBIT, excluding exceptional items, grew 63% to ₹2,657 crore and operating margin expanded to 10.8%, up 155 basis points.  

The jewellery segment posted EBIT of ₹2,475 crore with an 11% margin, and the India jewellery segment alone contributed ₹2,365 crore to EBIT. Titan’s shares closed at a record ₹4,379.95 on the BSE. 

Read More: Jewellery Stocks Rally After India–US Trade Deal; Kalyan Jewellers Jumps 11%, Titan Gains! 

Titan Share Price Performance  

As of February 11, 2026, at 2:29 PM, Titan share price on NSE was trading at ₹4,235.20 down by 0.79% from the previous closing price. 

Conclusion 

Titan’s latest results show that while soaring gold prices have curbed the growth of new customers, the company has maintained strong revenue and profit growth by leveraging higher price points and adjusting its product mix towards lower‑carat offerings. 

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