Titan Company Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Excellent return on equity (ROE 37.7%)
- ✓Efficient capital deployment (ROCE 25.8%)
Concerns
- ✗Premium to sector peers (P/E 70.3x vs industry 44x)
- ✗High premium to book value (P/B 24.1x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ASIANPAINT Asian Paints Limited | ₹2,677 | ₹2.6L Cr | 57.5 | 12 | 21.8 | 26.3 | 0.18 |
| LGEINDIA LG Electronics India Limited | ₹1,500 -0.69% | ₹1.0L Cr | 62.26 | 15.23 | 24.72 | — | 0.06 |
| HAVELLS Havells India Limited | ₹1,152 | ₹74K Cr | 43.6 | 7.63 | 19 | 24.9 | 0.03 |
| DIXON Dixon Technologies (India) Limited | ₹11,450 | ₹71K Cr | 49.3 | 14.89 | 37.4 | 42 | 0.34 |
| BERGEPAINT Berger Paints (I) Limited | ₹490 -0.81% | ₹59K Cr | 50.8 | 8.27 | 17.8 | 22.2 | 0.11 |
| VOLTAS Voltas Limited | ₹1,301 | ₹41K Cr | 104 | 6.74 | 6.1 | 9.04 | 0.28 |
| KALYANKJIL Kalyan Jewellers India Limited | ₹372 | ₹36K Cr | 26.4 | 6.1 | 24.8 | 20.5 | 1 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
TITAN · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 52.90% | 52.90% | 52.90% | 52.90% | 52.90% | 52.90% |
| FII | 18.89% | 19.01% | 18.21% | 18.23% | 18.11% | 17.82% |
| DII | 10.25% | 10.29% | 10.68% | 11.28% | 11.37% | 12.01% |
| Public | 17.77% | 17.57% | 17.94% | 17.33% | 17.35% | 17.01% |
| Govt | 0.17% | 0.17% | 0.19% | 0.19% | 0.19% | 0.19% |
| Others | — | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% |
Corporate Events
To consider and approve the financial results for the period ended March 31, 2026 and dividend
Dividend - Rs 11 Per Share
Annual General Meeting/Dividend - Rs 11 Per Share
Annual General Meeting/Dividend - Rs 10 Per Share
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹25.4K Cr ▲35.7% | ₹18.7K Cr ▲13.3% | ₹16.5K Cr ▲10.8% | ₹14.9K Cr ▼15.9% | ₹17.7K Cr ▲22.1% | ₹14.5K Cr ▲9.6% | ₹13.3K Cr ▲6.2% | ₹12.5K Cr |
| Op. Profit | ₹2.7K Cr ▲44.7% | ₹1.9K Cr ▲2.5% | ₹1.8K Cr ▲19.1% | ₹1.5K Cr ▼8.2% | ₹1.7K Cr ▲35.4% | ₹1.2K Cr ▼0.9% | ₹1.2K Cr ▲4.7% | ₹1.2K Cr |
| OPM | 11.0% ▲10.0% | 10.0% ▼9.1% | 11.0% ▲10.0% | 10.0% ▲11.1% | 9.0% ▲12.5% | 8.0% ▼11.1% | 9.0% ▼10.0% | 10.0% |
| Net Profit | ₹1.7K Cr ▲50.4% | ₹1.1K Cr ▲2.7% | ₹1.1K Cr ▲25.3% | ₹871 Cr ▼16.8% | ₹1.0K Cr ▲48.7% | ₹704 Cr ▼1.5% | ₹715 Cr ▼7.3% | ₹771 Cr |
| EPS (₹) | 18.97 ▲50.3% | 12.62 ▲2.7% | 12.29 ▲25.3% | 9.81 ▼16.8% | 11.79 ▲48.7% | 7.93 ▼1.5% | 8.05 ▼7.3% | 8.68 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹87.6K Cr ▲44.9% | ₹60.5K Cr ▲18.3% | ₹51.1K Cr ▲25.9% | ₹40.6K Cr ▲40.9% | ₹28.8K Cr ▲33.1% | ₹21.6K Cr ▲2.8% | ₹21.1K Cr ▲6.4% | ₹19.8K Cr ▲22.7% | ₹16.1K Cr ▲21.6% | ₹13.3K Cr |
| Expenses | ₹79.2K Cr ▲44.7% | ₹54.8K Cr ▲19.6% | ₹45.8K Cr ▲28.3% | ₹35.7K Cr ▲40.2% | ₹25.5K Cr ▲27.8% | ₹19.9K Cr ▲7.2% | ₹18.6K Cr ▲4.5% | ₹17.8K Cr ▲22.9% | ₹14.5K Cr ▲19.7% | ₹12.1K Cr |
| Op. Profit | ₹8.4K Cr ▲46.7% | ₹5.7K Cr ▲7.6% | ₹5.3K Cr ▲8.4% | ₹4.9K Cr ▲46.0% | ₹3.3K Cr ▲93.9% | ₹1.7K Cr ▼30.0% | ₹2.5K Cr ▲23.5% | ₹2.0K Cr ▲21.3% | ₹1.6K Cr ▲41.2% | ₹1.2K Cr |
| OPM | 10.0% ▲11.1% | 9.0% ▼10.0% | 10.0% ▼16.7% | 12.0% ▲0.0% | 12.0% ▲50.0% | 8.0% ▼33.3% | 12.0% ▲20.0% | 10.0% ▲0.0% | 10.0% ▲11.1% | 9.0% |
| Other Income | ₹452 Cr ▼7.2% | ₹487 Cr ▼8.8% | ₹534 Cr ▲74.5% | ₹306 Cr ▲72.9% | ₹177 Cr ▼1.7% | ₹180 Cr ▲17.6% | ₹153 Cr ▼14.0% | ₹178 Cr ▲154.3% | ₹70 Cr ▲266.7% | ₹-42 Cr |
| Interest | ₹1.2K Cr ▲23.8% | ₹953 Cr ▲54.0% | ₹619 Cr ▲106.3% | ₹300 Cr ▲37.6% | ₹218 Cr ▲7.4% | ₹203 Cr ▲22.3% | ₹166 Cr ▲213.2% | ₹53 Cr ▲0.0% | ₹53 Cr ▲39.5% | ₹38 Cr |
| Depreciation | ₹826 Cr ▲19.2% | ₹693 Cr ▲18.7% | ₹584 Cr ▲32.4% | ₹441 Cr ▲10.5% | ₹399 Cr ▲6.4% | ₹375 Cr ▲7.8% | ₹348 Cr ▲113.5% | ₹163 Cr ▲24.4% | ₹131 Cr ▲18.0% | ₹111 Cr |
| PBT | ₹6.8K Cr ▲50.0% | ₹4.5K Cr ▼1.9% | ₹4.6K Cr ▲4.0% | ₹4.4K Cr ▲53.1% | ₹2.9K Cr ▲118.8% | ₹1.3K Cr ▼36.9% | ₹2.1K Cr ▲7.4% | ₹2.0K Cr ▲27.9% | ₹1.5K Cr ▲57.2% | ₹973 Cr |
| Tax % | 25.0% ▼3.8% | 26.0% ▲8.3% | 24.0% ▼7.7% | 26.0% ▲8.3% | 24.0% ▼11.1% | 27.0% ▼6.9% | 29.0% ▲0.0% | 29.0% ▲3.6% | 28.0% ▲0.0% | 28.0% |
| Net Profit | ₹5.1K Cr ▲52.0% | ₹3.3K Cr ▼4.5% | ₹3.5K Cr ▲6.8% | ₹3.3K Cr ▲49.0% | ₹2.2K Cr ▲125.7% | ₹974 Cr ▼34.8% | ₹1.5K Cr ▲7.5% | ₹1.4K Cr ▲26.0% | ₹1.1K Cr ▲58.1% | ₹697 Cr |
| EPS (₹) | 57.14 ▲52.0% | 37.59 ▼4.5% | 39.38 ▲7.6% | 36.61 ▲49.6% | 24.48 ▲123.4% | 10.96 ▼35.2% | 16.91 ▲6.9% | 15.82 ▲24.3% | 12.73 ▲58.9% | 8.01 |
| Div Payout | 26.0% ▼10.3% | 29.0% ▲3.6% | 28.0% ▲3.7% | 27.0% ▼12.9% | 31.0% ▼16.2% | 37.0% ▲54.2% | 24.0% ▼25.0% | 32.0% ▲10.3% | 29.0% ▼9.4% | 32.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹89 Cr ▲0.0% | ₹89 Cr ▲0.0% | ₹89 Cr ▲0.0% | ₹89 Cr ▲0.0% | ₹89 Cr ▲0.0% | ₹89 Cr ▲0.0% | ₹89 Cr ▲0.0% | ₹89 Cr ▲0.0% | ₹89 Cr ▲0.0% | ₹89 Cr |
| Reserves | ₹12.7K Cr ▲10.2% | ₹11.5K Cr ▲24.0% | ₹9.3K Cr ▼20.9% | ₹11.8K Cr ▲27.7% | ₹9.2K Cr ▲24.4% | ₹7.4K Cr ▲12.6% | ₹6.6K Cr ▲10.0% | ₹6.0K Cr ▲19.6% | ₹5.0K Cr ▲20.7% | ₹4.1K Cr |
| Borrowings | ₹12.5K Cr ▼40.0% | ₹20.8K Cr ▲33.8% | ₹15.5K Cr ▲65.8% | ₹9.4K Cr ▲28.8% | ₹7.3K Cr ▲29.0% | ₹5.6K Cr ▲58.3% | ₹3.6K Cr ▲48.9% | ₹2.4K Cr ▲41.5% | ₹1.7K Cr ▼10.1% | ₹1.9K Cr |
| Other Liabilities | ₹26.8K Cr ▲224.6% | ₹8.2K Cr ▲24.4% | ₹6.6K Cr ▲14.2% | ₹5.8K Cr ▲25.9% | ₹4.6K Cr ▲39.3% | ₹3.3K Cr ▼0.1% | ₹3.3K Cr ▲2.0% | ₹3.2K Cr ▲18.5% | ₹2.7K Cr ▲19.5% | ₹2.3K Cr |
| Total Liabilities | ₹52.0K Cr ▲28.0% | ₹40.6K Cr ▲28.8% | ₹31.5K Cr ▲16.8% | ₹27.0K Cr ▲27.5% | ₹21.2K Cr ▲28.8% | ₹16.4K Cr ▲21.4% | ₹13.5K Cr ▲15.7% | ₹11.7K Cr ▲23.0% | ₹9.5K Cr ▲13.2% | ₹8.4K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹4.2K Cr ▲4.1% | ₹4.1K Cr ▲9.5% | ₹3.7K Cr ▲23.7% | ₹3.0K Cr ▲17.8% | ₹2.5K Cr ▲0.8% | ₹2.5K Cr ▼4.2% | ₹2.6K Cr ▲68.0% | ₹1.6K Cr ▲6.3% | ₹1.5K Cr ▲24.0% | ₹1.2K Cr |
| CWIP | ₹125 Cr ▲19.0% | ₹105 Cr ▲8.2% | ₹97 Cr ▼32.6% | ₹144 Cr ▲69.4% | ₹85 Cr ▲165.6% | ₹32 Cr ▲77.8% | ₹18 Cr ▼43.8% | ₹32 Cr ▼25.6% | ₹43 Cr ▼71.7% | ₹152 Cr |
| Investments | ₹3.7K Cr ▲84.8% | ₹2.0K Cr ▼15.2% | ₹2.3K Cr ▼6.8% | ₹2.5K Cr ▲755.4% | ₹294 Cr ▼89.6% | ₹2.8K Cr ▲1687.3% | ₹158 Cr ▲46.3% | ₹108 Cr ▲200.0% | ₹36 Cr ▼91.6% | ₹431 Cr |
| Other Assets | ₹44.0K Cr ▲27.6% | ₹34.5K Cr ▲35.8% | ₹25.4K Cr ▲18.9% | ₹21.4K Cr ▲17.0% | ₹18.3K Cr ▲65.1% | ₹11.1K Cr ▲3.1% | ₹10.7K Cr ▲7.3% | ₹10.0K Cr ▲25.5% | ₹8.0K Cr ▲20.1% | ₹6.6K Cr |
| Total Assets | ₹52.0K Cr ▲28.0% | ₹40.6K Cr ▲28.8% | ₹31.5K Cr ▲16.8% | ₹27.0K Cr ▲27.5% | ₹21.2K Cr ▲28.8% | ₹16.4K Cr ▲21.4% | ₹13.5K Cr ▲15.7% | ₹11.7K Cr ▲23.0% | ₹9.5K Cr ▲13.2% | ₹8.4K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹-541 Cr ▼131.9% | ₹1.7K Cr ▲23.7% | ₹1.4K Cr ▲289.2% | ₹-724 Cr ▼117.5% | ₹4.1K Cr ▲1289.4% | ₹-348 Cr ▼128.0% | ₹1.2K Cr ▲2537.3% | ₹-51 Cr ▼103.0% | ₹1.7K Cr ▲197.2% | ₹576 Cr |
| Investing CF | ₹546 Cr ▲388.9% | ₹-189 Cr ▲89.6% | ₹-1.8K Cr ▼255.7% | ₹1.2K Cr ▲141.6% | ₹-2.8K Cr ▼1291.1% | ₹235 Cr ▲129.5% | ₹-797 Cr ▼913.3% | ₹98 Cr ▲110.3% | ₹-953 Cr ▼499.4% | ₹-159 Cr |
| Financing CF | ₹-7 Cr ▲99.5% | ₹-1.3K Cr ▼390.8% | ₹457 Cr ▲213.4% | ₹-403 Cr ▲67.3% | ₹-1.2K Cr ▼409.9% | ₹-242 Cr ▲50.5% | ₹-489 Cr ▼94.0% | ₹-252 Cr ▼51.8% | ₹-166 Cr ▲67.1% | ₹-505 Cr |
| Net Cash Flow | ₹-2 Cr ▼101.1% | ₹177 Cr ▲1261.5% | ₹13 Cr ▼65.8% | ₹38 Cr ▼64.2% | ₹106 Cr ▲129.9% | ₹-355 Cr ▼725.6% | ₹-43 Cr ▲79.1% | ₹-206 Cr ▼134.7% | ₹594 Cr ▲775.0% | ₹-88 Cr |
| Free Cash Flow | ₹-1.0K Cr ▼198.7% | ₹1.0K Cr ▲7.8% | ₹950 Cr ▲201.1% | ₹-940 Cr ▼123.5% | ₹4.0K Cr ▲677.2% | ₹-693 Cr ▼170.7% | ₹980 Cr ▲380.0% | ₹-350 Cr ▼124.0% | ₹1.5K Cr ▲350.9% | ₹324 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 6d ▼14.3% | 7d ▲16.7% | 6d ▼14.3% | 7d ▲16.7% | 6d ▲20.0% | 5d ▼37.5% | 8d ▲14.3% | 7d ▲16.7% | 6d ▲0.0% | 6d |
| Inventory Days | 217d ▲23.3% | 176d ▼11.6% | 199d ▼13.5% | 230d ▲23.0% | 187d ▼4.1% | 195d ▲9.6% | 178d ▼3.8% | 185d ▼2.1% | 189d ▼4.5% | 198d |
| Days Payable | 15d ▲15.4% | 13d ▼13.3% | 15d ▼31.8% | 22d ▲22.2% | 18d ▲28.6% | 14d ▼39.1% | 23d ▼14.8% | 27d ▼10.0% | 30d ▼59.5% | 74d |
| Cash Conv. Cycle | 208d ▲21.6% | 171d ▼10.5% | 191d ▼11.2% | 215d ▲22.2% | 176d ▼5.4% | 186d ▲14.1% | 163d ▼0.6% | 164d ▼0.6% | 165d ▲26.0% | 131d |
| Working Capital Days | 35d ▼16.7% | 42d ▼17.6% | 51d ▼25.0% | 68d ▲88.9% | 36d ▼47.8% | 69d ▲25.5% | 55d ▼8.3% | 60d ▲42.9% | 42d ▼43.2% | 74d |
| ROCE | 19.0% ▼17.4% | 23.0% ▼8.0% | 25.0% ▲19.0% | 21.0% ▲61.5% | 13.0% ▼45.8% | 24.0% ▼7.7% | 26.0% ▲4.0% | 25.0% ▲8.7% | 23.0% ▼14.8% | 27.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Titan Company Limited
Titan Company Ltd is among India’s most respected lifestyle companies. It has established leadership positions in the Watches, Jewellery and Eyewear categories led by its trusted brands and differentiated customer experience. It was founded in 1984 as a joint-venture between TATA Group and Tamilnadu Industrial Development Corporation (TIDCO). [1]
Consumer Durables · Consumer Durables