NSE: TITAN | BSE: 500114

Expensive Rocket

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3665.30 -25.80 (-0.70%)

25.31% Gain from 52W Low

460.3K NSE+BSE Volume

NSE 05 Sep, 2025 3:55 PM (IST)

325,400.3

Market Cap

Market Leader

0.8

Beta 1Year

Low volatility

Titan Company Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for TITAN, BSE:500114 Titan Company Ltd.

Titan Company Ltd.

04 Feb 2020, 12:00AM

3665.30

-0.70%

Margins surprise, jewelry growth guidance muted

Neutral: Titan Company Ltd.

Target

Motilal Oswal

4 February 2020 While TTANs revenue growth was in line with the guidance, the positive surprise from the result was the jewelry margin of 13% and the EBITDA margin of 12%. Despite 15% retail jewelry YoY sales growth, TTAN has maintained its 2HFY20 guidance of 11-13% jewelry sales growth, considering Jan20 sales growth of only 8%. Recovery prospects in their largest segment, in which TTAN had reported 20%+ growth in FY18/FY19, are still unclear. Near term valuations are also fair leading us to maintain rating. 3QFY20 consolidated revenue grew 11.2% YoY to INR65.3b (v/s est. Adj. EBITDA increased 32.6% YoY to INR7.8b (v/s est. INR7b) while Adj. PBT grew 12.

Titan Company Ltd. has an average target of 3853.43 from 7 brokers.

Titan Company Ltd.

11 Nov 2019

3665.30

-0.70%

TITAN COMPANY LIMITED

Hold: Titan Company Ltd.

Target

Geojit BNP Paribas

Q2FY20 revenue rose 2.1% YoY to Rs. 4,662cr vs. 4,567cr in Q2FY19. Although the Jewellery business saw a subdued performance (revenue +0.1% YoY to Rs. 3,649cr), impacted by sudden increase in gold prices, the segment continued to gain market share with +7.2% YoY in 1H20. Revenue from the Watches segment increased 6.1% YoY to Rs. 720cr, yet the segment remained largely under pressure specially the EOB channel, world of titan and FastTrack struggled to perform. Eyewear revenue surged 28.5% YoY to Rs. 154cr on strong retail growth. Margin declines sharply in watches while flat in jewellery...

Number of FII/FPI investors increased from 1019 to 1049 in Jun 2025 qtr.

Titan Company Ltd.

08 Nov 2019

3665.30

-0.70%

Titan Company Limited

Results Update: Titan Company Ltd.

SMC online

Titan Company Ltd. Report Q2FY20 financials, misses estimates Titan Company Ltd announced a growth in income of 0.6% for the second quarter. The income from operations in the second quarter, July to September 2019, was Rs.4435 crores, against last year's income of Rs.4407 crores during the same period. The income for April to September...

Titan Company Ltd. has an average target of 3853.43 from 7 brokers.

Titan Company Ltd.

06 Nov 2019

3665.30

-0.70%

Titan (2QFY20): Growth pangs palpable. Maintain NEUTRAL

Neutral: Titan Company Ltd.

Target

HDFC Securities

While there is no questioning the execution skills of the outfit, its no See's Candy. >100% of the cumulative CFO (ex-working capital) has gone towards working capital and capex needs. This acts as gravity to Titan's punchy valuations of 46x Sept-21E EPS. Peers too are expected to play catch up on the design and capital curve over the medium to long-term. Growth continues to elude most big-box jewellers in 2Q as the double whammy of gold price spurt and customs duty hike keep fresh jewellery purchases at bay. (Most de-grew by -5 to -15% in 2Q). Ergo, contextually, Titans 2Q performance seems reasonable. That said, street doesnt seem to have fully calibrated itself to growth pangs in the category (Jewellery) as Titan continues to trade near peak valuations. We largely maintain our FY20/FY21 EPS estimates and DCF based TP of Rs 1170/sh (implied P/E of 42x Sept-21E EPS). Reiterate NEUTRAL.

Titan Company Ltd. has gained 20.23% in the last 6 Months

Titan Company Ltd.

06 Nov 2019

3665.30

-0.70%

Titan Company - 2QFY20 Result Update

Titan Company Ltd.

Reliance Securities

Titan Company Ltd. has an average target of 3853.43 from 7 brokers.

Titan Company Ltd.

06 Nov 2019

3665.30

-0.70%

Titan Company Ltd

Buy: Titan Company Ltd.

Target

ICICI Securities Limited

Market share gains sustain in tough macro environment Inflation in gold prices has severely dented consumer sentiments with footfalls declining in the festive season. As per the management, the jewellery industry declined ~10-15% in Q2FY20, signalling that Tanishq continued to gain market share in a challenging environment (with 7% retail sales growth in Q2FY20). In a bid to further strengthen its presence in nonmetro cities, the management has maintained its store addition plan of ~60 Tanishq stores for FY20E, despite slower pace of addition in H1FY20 (21 stores). While volatile gold prices may act as deterrent to revenue growth in...

Titan Company Ltd. has an average target of 3853.43 from 7 brokers.

Titan Company Ltd.

05 Nov 2019, 12:00AM

3665.30

-0.70%

Titan Company

Buy: Titan Company Ltd.

Target

Sharekhan

Titan Company's (Titan) Q2FY2020 performance was affected by spike in gold prices during June, which affected jewellery sales in July. Consolidated revenue grew by just 2% to Rs. 4,600.7 crore, with revenue of the jewellery business declining by 2%, watches business revenue growing by 6% and eyewear business revenue growing by 28.5%. Revenue of the jewellery business included hedging impact of Rs. 120 crore, as the company purchased gold before spike in prices , which was hedged at lower price. Though customers were billed at transaction day gold rates, which were...

Titan Company Ltd. has an average target of 3853.43 from 7 brokers.

Titan Company Ltd.

05 Nov 2019, 12:00AM

3665.30

-0.70%

Guidance cut, expensive valuations lead to downgrade

Neutral: Titan Company Ltd.

Recommendation Target

Motilal Oswal

Consol. segmental performance: (a) Reported Jewelry sales stood flat YoY at INR36.5b (volume down 14% YoY, SSSG up 2% YoY), with the EBIT margin flat YoY at 10.4%. (b) Sales of Watches grew 6.1% YoY (volumes down 1% YoY) to INR7.2b, with the EBIT margin down 200bp YoY to 14.4%. Concall highlights: (1) Jewelry sales growth guided at 11-13% YoY for 2HFY20. (revised down from +20% previously). (2) INR1.2b impact on sales of hedging losses in 2Q would not be reversed but the incremental impact will be much...

Titan Company Ltd. is trading above all available SMAs

Titan Company Ltd.

22 Aug 2019

3665.30

-0.70%

TITAN COMPANY LIMITED

Accumulate: Titan Company Ltd.

Recommendation Target

Geojit BNP Paribas

Given strong quarter and a positive outlook across all businesses, we maintain our ACCUMULATE rating on the stock with a target price of Rs. 1,167 based on ~51x FY21E adj. EPS. Revenue growth across all businesses Q1FY20 revenue rose 15.7% YoY to Rs. 5,151cr with strong performance across all businesses. Jewellery contributed the most to the overall revenue (+14.3% YoY to Rs. 4,164cr despite higher gold prices and 2.5% consumer duty imposed on gold). Watches segment revenue grew 20.1% YoY to Rs. 716cr primarily driven by large institutional...

Number of FII/FPI investors increased from 1019 to 1049 in Jun 2025 qtr.

Titan Company Ltd.

13 Aug 2019

3665.30

-0.70%

Titan

Titan Company Ltd.

SMC online

estimates due to overseas investments and wage settlement Titan Company Limited reported a growth of 14.5% in topline during Ql of FY 2019-20. The sales income grew from Rs.4269 crores last year to Rs.4885 crores in Q1 FY20. The profit...

Titan Company Ltd. has an average target of 3853.43 from 7 brokers.

Is Titan Company Ltd. worth buying?

1334 Votes:

Buy 69.27%

Sell 17.62%

Hold 13.12%

RESEARCH REPORTS

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Buy SEE REPORTS >

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