Titan Company Limited (TITAN) AI Stock Analysis

• Market Cap: ₹3.38T
• Dividend Yield: 0.28%
• Average Volume (3M): 63.99K
• Price to Earnings (P/E): 81.9
• Beta (1Y): 1.00
• Revenue Growth: 20.67%
• EPS Growth: 27.40%
• Country: IN
• Employees: 8,680
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Luxury Goods
• EPS (TTM): 11.30
• Shares Outstanding: 887,786,200
• 10 Day Avg. Volume: 52,666
• 30 Day Avg. Volume: 63,994
• PEG Ratio: -17.58
• Price to Book (P/B): 22.80
• Price to Sales (P/S): 4.38
• P/FCF Ratio: -256.06
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹4,123.00
• Price Target Upside: 5.91% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: ₹4,304.00 ▲(10.56% Upside)

Titan Company Limited's strong technical indicators and robust revenue growth are significant positives, driving the stock's overall score. However, the high P/E ratio and low dividend yield suggest potential overvaluation, which could be a risk for investors. The company's financial performance is solid, but attention to cash flow management and leverage is necessary to maintain stability.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term expansion and profitability.

Market Position

A strong market position as a trusted brand enhances customer loyalty and competitive advantage, fostering sustainable growth.

Product Diversification

Product diversification reduces risk and captures various market segments, enhancing resilience and growth opportunities.

Negative Factors

Rising Debt Levels

Increased leverage can strain financial flexibility, posing risks to cash flow and limiting capacity for future investments.

Cash Flow Volatility

Volatile cash flows can hinder operational stability and investment capacity, affecting long-term growth and liquidity.

Margin Fluctuations

Fluctuating margins indicate challenges in cost management, potentially impacting profitability and competitive positioning.

Titan Company Limited Business Overview & Revenue Model

Company Description

Titan Company Limited, together with its subsidiaries, manufactures and sells watches, jewelry, eyewear, and other accessories and products in India and internationally. It operates through four segments: Watches & Wearables, Jewellery, Eyewear, and Others. The company offers watches and accessories under the Titan Edge, Titan Raga, Nebula, Purple, Automatic, Octane, Fastrack, Titan HTSE, Zoop, Sonata, Favre-Leuba, SF, Xylys, and World of Titan. It also provides jewelry products under the Mia, CaratLane, Tanishq, and Zoya brands; and retails watches under the Helios brand. In addition, the company offers optical products under the Titan EyePlus brand, as well as Fastrack and Glares brands. Further, it provides a range of fragrance products under the SKINN brand; and sarees, lehengas, bridal wear, yardages, stoles, and dupattas under the Taneira brand, as well as engages in the precision component manufacturing and designing, and automation machines manufacturing activities for the aerospace and defense industries. The company offers its products through retail stores and dealers, as well as online. As of March 31, 2022, it operated approximately 2,718 stores with approximately 2.8 million square feet of retail space. The company was formerly known as Titan Industries Limited and changed its name to Titan Company Limited in August 2013. Titan Company Limited was incorporated in 1984 and is based in Bengaluru, India.

How the Company Makes Money

Titan Company Limited generates revenue through multiple streams. The primary source of income comes from the sale of watches, which includes a variety of styles and price ranges appealing to different demographics. The jewelry segment, particularly through the Tanishq brand, represents a significant revenue stream, capitalizing on the growing demand for gold and diamond jewelry in India. Eyewear sales from Titan Eyeplus also contribute to the company's earnings. The company employs a retail distribution model, with a mix of exclusive brand outlets, multi-brand retail stores, and e-commerce platforms, enhancing its market reach. Additionally, strategic partnerships and collaborations with various designers and brands help Titan innovate and expand its product offerings, thereby driving growth and profitability.

Titan Company Limited Financial Statement Overview

Summary

Titan Company Limited shows robust revenue growth and a strong market position in the luxury goods industry. While profitability margins are generally positive, there are fluctuations that suggest potential areas for improvement in cost management and operational efficiency. The balance sheet is strong, although increasing leverage could pose future risks. Cash flow management requires attention to ensure consistent liquidity and support for growth initiatives.

Income Statement

Titan Company Limited demonstrates strong revenue growth over the years, with a significant increase in total revenue from 2020 to 2025. The gross profit margin has remained robust, indicating efficient production and pricing strategies. However, the net profit margin and EBIT margin have seen some fluctuations, suggesting potential cost controls issues or increased competition. Notably, the EBITDA margin shows strength, indicating good operating performance.

Balance Sheet

The balance sheet reflects a solid equity base, with a consistent increase in stockholders' equity over the years. The debt-to-equity ratio has increased, which may suggest a rising dependency on debt financing. Despite this, the company's equity ratio remains healthy, indicating financial stability. The return on equity shows strong performance, although there's room for improvement in managing liabilities.

Cash Flow

The cash flow statement reveals volatility in operating cash flows, with negative cash flows in certain years, indicating potential liquidity issues. The free cash flow has shown both growth and contraction, reflecting fluctuations in capital expenditures and operational efficiency. The operating cash flow to net income ratio indicates some inconsistency in converting income to cash, which could be a concern for sustaining long-term growth.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	637.13B	604.56B	510.84B	405.75B	287.99B	216.44B
Gross Profit	137.27B	129.45B	115.97B	101.76B	71.19B	52.04B
EBITDA	59.32B	52.80B	49.45B	46.06B	31.43B	15.55B
Net Income	37.13B	33.37B	34.96B	32.50B	21.73B	9.73B
Balance Sheet
Total Assets	0.00	406.47B	315.50B	270.23B	211.94B	164.52B
Cash, Cash Equivalents and Short-Term Investments	23.47B	24.13B	27.34B	37.08B	7.34B	33.65B
Total Debt	0.00	207.77B	155.28B	93.67B	72.76B	56.38B
Total Liabilities	-116.24B	290.23B	221.57B	151.19B	118.61B	89.50B
Stockholders Equity	116.24B	116.24B	93.93B	118.51B	93.03B	74.97B
Cash Flow
Free Cash Flow	0.00	-10.35B	10.04B	9.38B	-9.48B	39.93B
Operating Cash Flow	0.00	-5.41B	16.95B	13.70B	-7.24B	41.39B
Investing Cash Flow	0.00	5.46B	-1.89B	-18.11B	11.64B	-28.01B
Financing Cash Flow	0.00	-70.00M	-13.29B	4.57B	-4.03B	-12.34B

Titan Company Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3892.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TITAN, the sentiment is Positive. The current price of 3892.8 is above the 20-day moving average (MA) of 3851.64, above the 50-day MA of 3674.65, and above the 200-day MA of 3464.99, indicating a bullish trend. The MACD of 58.44 indicates Positive momentum. The RSI at 61.94 is Neutral, neither overbought nor oversold. The STOCH value of 53.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:TITAN.

Titan Company Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TITAN	69 Neutral	₹3.38T	81.91	―	0.28%	20.67%	27.40%
KALYANKJIL	66 Neutral	₹539.82B	67.31	―	0.30%	33.87%	48.40%
THANGAMAYL	64 Neutral	₹94.53B	50.14	―	0.38%	35.04%	80.12%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
SENCO	58 Neutral	₹54.65B	25.45	―	0.32%	20.18%	16.17%
PCJEWELLER	57 Neutral	₹79.30B	11.12	―	―	190.41%	2939.51%
RAJESHEXPO	51 Neutral	₹53.66B	72.91	―	―	112.02%	245.09%

Titan Company Limited Corporate Events

Titan Company Releases Analyst Call Recording for Q2 FY26

Titan Company Limited has announced the availability of an audio recording of its Analyst Call, discussing the unaudited financial results for the second quarter and half year ending September 30, 2025. This announcement is part of the company’s compliance with SEBI regulations, ensuring transparency and accessibility of financial information to stakeholders.

Titan Expands GCC Presence with New Subsidiary Acquisition

Titan Company Limited has announced that Signature Jewellery Holding Limited, UAE, has become a step-down subsidiary through Titan Holdings International FZCO. This move is part of a larger transaction where Titan Holdings International FZCO will acquire a 67% stake in Damas LLC’s jewelry business in the GCC, with plans to acquire the remaining 33% by the end of 2029. This strategic acquisition positions Titan to strengthen its foothold in the GCC jewelry market, potentially enhancing its market share and operational capabilities in the region.

Titan Company Limited Announces September 2025 Investor Meetings

Titan Company Limited has announced a schedule of meetings with analysts and institutional investors planned for September 2025. These meetings, which include both group and one-on-one sessions, are part of the company’s ongoing engagement with stakeholders to provide updates and insights into its operations. The meetings will not involve the disclosure of any price-sensitive information or forward-looking statements, and the schedule is subject to change based on the availability of participants.