This Tata Group Stock engaged in engaged in designing, manufacturing, and retailing a wide range of lifestyle products, including watches, jewellery, eyewear, and fragrances, catering to both domestic and international markets, jumped 5% after the company reported March quarterly results with a 19.37 percent YOY increase in revenue and announced a 1,100 percent dividend.
With a market capitalization of Rs. 3,11,098.03 crores, the share of Titan Company Limited has reached an intraday high of Rs. 3,530 per equity share, rising nearly 4.95 percent from its previous day’s close price of Rs. 3,363.45. Since then, the stock has retreated and is currently trading at Rs. 3,504.20 per equity share.
Titan Company Limited generated 88.17 percent of its revenue from jewellery sales, 7.54 percent from watches and wearables, 1.28 percent from eyecare, and the remaining 3.01 percent from other operating activities in Q4 FY25. The company generated 95.54 percent of its revenue from India and 4.46 percent from the rest of the world in Q4 FY25.
In Q4 FY25, Titan Company Limited’s consolidated net profit increased by 12.97 percent YOY, reaching Rs. 871 crore compared to Rs. 771 crore during the same period last year. As compared to Q3 FY25, the net profit has decreased by 16.81 percent, from Rs. 1,047 crore. The basic earnings per share increased by 12.87 percent and stood at Rs. 9.82 as against Rs. 8.70 recorded in the same quarter in the previous year, 2024.
Management Commentary and Guidance
Titan’s management is optimistic about the company’s performance in the jewellery segment for the financial year 2026, expecting a growth of 15-20 percent and a margin of 11-11.5 percent.
Titan’s CFO, Ashok Sonthalia, expressed confidence in the outlook despite ongoing external challenges. He said, “While there have been many external challenges, which continue and sometimes get aggravated, as far as the outlook goes, it looks like we can still deliver a 15% to 20% growth number for FY26.”
He further added, “We have made strategic changes to collections and pricing, and we are seeing the results. We expect that to improve further in FY26. Fragrances are also doing well,” indicating strong performance across key product segments.
Similarly, Citi has maintained a “Neutral” rating on Titan while raising its target price from Rs. 3,550 to Rs. 3,800 per share. This updated target implies an upside of 13.43 percent from today’s low of Rs. 3,350.05, indicating moderate optimism amid cautious sentiment.
Written By – Ashok Kumar