Titan Company

Quick check

The five things to look at first. Open one for more.

• DebtHighest safetyRated AAA by 2 agencies.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 29% and profit rose 63% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 53% of the company, about the same as in Jun 2025.
• ValuationCheap vs its pastThe share trades at 65.4 times its yearly earnings (P/E), cheaper than 100% of the time in the last 5 years. Its usual P/E is about 59.

Titan Company against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)65.4 against a typical 20.9: pricier than most peers (1st = cheapest).90th of 106
• Sales growth+29.3% against a typical +34.8% from a year earlier.45th of 79
• Profit growth+62.9% against a typical +33.3% from a year earlier.26th of 73
• Share price, 3 months−10% against a typical +3.3%.63rd of 92
• Size₹ 3,81,659.3 Cr. market value against a typical ₹ 145.6 Cr. (1st = largest).1st of 94

Exchange filings and their impact on the company.

• 28 Oct 2026AcquisitionLow impactNeutralPrice −0.6% so far today
  Titan incorporates Canada wholly-owned subsidiary, with negligible near-term financial impact.

  Titan Company has incorporated a wholly owned subsidiary in Canada named Titan Company Canada Inc., following its earlier update on 7 August 2026. No investment amount, capital or business plan was disclosed in the filing. The move creates a vehicle for future Canada expansion but is expected to have negligible revenue and profit impact over the next 12 months given Titan's scale.

  Full analysisFiling
• 19 Oct 2026General UpdatesLow impactNeutralPrice −1% on 21 Oct
  Titan repaid Rs 1,000 crore of commercial paper on maturity.

  Titan Company has fully redeemed Rs 1,000 crore of commercial paper bearing ISIN INE280A14591 that was issued on 21 July 2026. The company said maturity proceeds were paid to all holders on 19 October 2026. This is a routine repayment of short-term debt and does not affect operations.

  Full analysisFiling
• 6 Oct 2026UpdatesHigh impactVery positivePrice −3.8% on 7 Oct
  Titan grew ~25% in Q2 with jewellery up 21% and watches up 30%, pointing to strong double-digit growth ahead.

  Titan said its consumer businesses grew about 25% in the September quarter, with jewellery up about 21%, watches up about 30% and eyecare up about 28%. Studded jewellery grew in the early thirties, plain gold grew about 20%, fragrances grew in the mid-thirties and bags grew in the twenties. The company added 78 stores net in the quarter, taking its total retail network to 3,758 stores, supporting continued strong sales momentum.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Ashok Kumar Sonthalia

Chief Financial Officer

Dinesh Shivanna Shetty

Compliance Officer, General Counsel, Company Secretary

Ajoy Chawla

Managing Director, Additional Director