Live Titan Company Share Price Chart

O 3347.95

H 3347.95

L 3347.95

VOL 1830

Titan Company Performance

Days Range

Low: ₹3,308.00
High: ₹3,363.30
Previous Close ₹3,333.90
Open ₹3,347.95
Volume 10,43,066
Day’s Range ₹3,308.00 - ₹3,363.30
52W Range ₹2,670.00 - ₹3,886.95
Market Cap ₹2,96,480 Cr

Titan Company Fundamentals

ROCE (TTM) 21.02
P/E Ratio (TTM) 84.8
P/B Ratio 31.56
Industry P/E 63.73
Debt to Equity 1.65
ROE 37.22
EPS (TTM) 39.38
Dividend Yield 0.33
Book Value 105.8
Face Value 1

Titan Company Financials

Jun 2023Sep 2023Dec 2023Mar 2024
Net Sales11,89712,52914,16412,494
Expenses10,90011,26212,75311,461
Profit before tax1,0021,2521,378991
Operating Profit7569161,053771
Net Profit7569161,053771
EPS in Rs8.4810.3111.918.7

About Titan Company

Titan is India’s leading lifestyle company and among the most admired and respected corporates in the country. The company was founded in 1984 as a joint venture between TATA Group and Tamilnadu Industrial Development Corporation (TIDCO).In 1984, it undertook to set up a plant to manufacture quartz analog electronic watches in the State Industries Promotion Corporation of Tamil Nadu, Ltd. Industrial area at Hosur.

In 2016, the company acquired a majority stake in Caratlane, which was an online jewellery startup. Titan launched its latest brand, IRTH, which deals with designer women’s handbags.

It has established leadership positions in the Watches, Jewellery and Eyewear categories led by its trusted brands and differentiated customer experience. Currently, the company has 6 plants in different locations across the country, which include Hosur, Coimbatore, Roorkee, Sikkim, Pantnagar and Chikkaballapur.

Titan Business Segment

During FY 2023, Titan derived the majority of turnover from the Jewellery segment at 88%, followed by 9% from Watches and wearables, 2% from EyeCare and the remaining 1% from the Fragrances and Fashion Accessories Division.

  • Watches & Wearables: The company’s genesis lies in the watch products division. It has gone from strength to strength and collection to collection through the years in the watches category. The production of watches is done in the Hosur and Coimbatore plant, and Assembly (casing and strapping) of Watches is done in the Roorkee and Sikkim plant.
  • Jewellery: Titan entered jewellery in 1994 with Tanishq, which balanced traditional charm and contemporary appeal. In 2010, the segment marked its presence in the premium market with Zoya’s stunning designs, which perfectly encapsulate the soul of a woman’s journey. During FY 2023, Tanishq increased its presence by launching 34 additional stores. CaratLane added 47 stores, Zoya added 1, and Mia by Tanishq added 18 stores.
  • EyeCare Division: The business runs this section through Titan Eye+, India’s biggest optical retail chain, which sells a wide variety of eyewear items under well-known names, including Titan, Titan Glares, and Fastrack, as well as prestigious international labels.
  • Indian Dress Wear Division: Titan runs this line of business through Taneira, the newest Titan brand that was bought in 2017. Taneira brings together some of the most magnificent collections of handlooms nationwide, including muga from Assam, cotton from Chettinad, tussar from Bhagalpur, and ikats from Gujarat.
  • Fragrances and Fashion Accessories Division: The segment deals with Belts and Wallets for men who want to be classy and stay current with the latest fashion trends.

The following are subsidiaries of Titan Company Ltd:

  • Titan Engineering & Automation Limited: It is a wholly owned subsidiary of Titan Company Limited. The company is engaged in manufacturing services and automation Solutions.
  • CaratLane Trading Private Limited: It is a subsidiary company of TCL with a stake of ~72.31% at the end of FY 2023. The company operates in the Jewellery segment.
  • Titan Commodity Trading Limited: TCL controls a 100% stake in the company, which makes it a wholly-owned subsidiary.

Titan Management Team

  • C K Venkataraman, Managing Director
    Mr Venkataraman joined Titan Company Limited in 1990 and worked in the advertising and marketing departments before being named the Head of Sales and marketing for the Titan brand in 2003.

Titan Corporate Action

  • In 2011, Titan Company Limited announced bonus shares in the ratio of 1 equity share for every equity share held and the record date was set as June 24, 2011.

Titan Management Outlook

  • For the Jewellery segment, the company is seeking to expand its international presence with the help of 25 more stores in future.
  • Looking forward, it will continue to increase its nationwide footprint by rapidly expanding the Titan Eye+ store network. The company is optimistic about sustained growth in categories like sunglasses on the back of a recovery in the tourism sector.

Titan SWOT Analysis 

Strengths

  • Well-diversified revenue with multiple brands.
  • Expanded physical reach to customers with numerous retail stores.

Weaknesses

  • Major dependence for revenue on the jewellery segment.
  • Limited online presence.

Opportunities

  • Global expansion through the opening of retail outlets.
  • Improvement in the global economy.

Threats

  • Competitive pressure
  • Changing customer preferences.
Parent Organisation Tata
Founded 1984
Managing Director N N Tata
NSE Symbol TITAN

Titan Peer Comparison

Stocks Market Cap (cr) Market Price (₹) 52 Week Low-High (₹)
Kalyan Jewellers India Ltd ₹42,353.06

414.9

3.80 (0.92%)

411.25 - 416.5View Peer Comparison
Radhika Jeweltech Ltd ₹730.18

62

0.10 (0.16%)

61.5 - 62.45View Peer Comparison
Gitanjali Gems Ltd ₹12.57

1.05

0.00 (0.00)

0.95 - 1.05View Peer Comparison
Penta Gold Ltd ₹11.64

9.15

0.00 (0.00)

8.8 - 9.65View Peer Comparison
Manoj Vaibhav Gems N Jewellers Ltd ₹1,192.37

244.7

0.45 (0.18%)

243.8 - 247.65View Peer Comparison

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Titan Company FAQs

What is the Share price of Titan Company (TITAN)?

Titan Company (TITAN) share price as of May 17, 2024, on NSE is Rs 3,361.05 (NSE) and Rs 3,365.00 (BSE) on BSE.

Can I buy Titan Company (TITAN) shares?

Yes, You can buy Titan Company (TITAN) shares by opening a Demat account with Angel One.

How do I buy Titan Company (TITAN) from Angel One?

Titan Company (TITAN) share can be brought through the following modes:
  1. Direct investment: You can buy Titan Company (TITAN) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Titan Company (TITAN) shares.

What is the total Asset of Titan?

The Total asset of Titan is Rs. 21,188 Crores.

Who are the promoters of Titan?

The promoters of Titan are Tamilnadu Industrial Development Corporation Ltd, Tata Sons Private Limited, Tata Investment Corporation Ltd, Tata Chemicals Limited, Ewart Investments Limited and Piem Hotels Limited.

What is the main business of Titan?

The main business of Titan is to manufacture watches. The company is engaged in the manufacturing of jewellery, watches, precision engineering, and Eyewear.

What are the Brands that comes under Titan?

The brands that come under Titan are Fastrack, Sonata, Nebula,Titan Raga,Octane, Zoop & Xylys.