NSE: TITAN | BSE: 500114

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3620.60 -9.50 (-0.26%)

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NSE 10 Sep, 2025 3:31 PM (IST)

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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.

07 Jan 2019

3620.60

-0.26%

Titan Company Ltd

Buy: Titan Company Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research In its quarterly preview of Q3FY19, the management of Titan highlighted that healthy revenue growth was witnessed across all its divisions, signalling robust customer demand in the festive season of DiwaliDussehra. The jewellery division continued to gain market share driven by rapid store expansion and strong same store sales growth (SSSG). The management now expects the jewellery division to exit FY19 with revenue growth of 22% (vs. earlier guidance of ~20%). The watches division continued on its healthy trajectory driven by launch of new...

Titan Company Ltd. is trading above all available SMAs

Titan Company Ltd.

04 Jan 2019

3620.60

-0.26%

Healthy growth momentum across key businesses

Buy: Titan Company Ltd.

Target

Motilal Oswal

4 January 2019 Jewellery segment capitalized well on seasonal strength to report robust growth in 3QFY19. Management cited that the segment expanded its market share on account of robust same-store sales growth. Prescription Eyewear business also sustained growth momentum due to its strategy of offering more assortments at affordable price points and aggressive marketing spends. Management stated that the category continued delivering a strong performance on account of rapid store expansion, increasing affluence of customers in middle India, and strong consumer demand on account of the festive season of Diwali-Dussehra. The company also indicated that same-store sales growth remains very strong and that market share gains continue. In 3QFY19, TTAN added 11 new stores (65k sq. (collection of Heritage and Antique gold jewellery) during the quarter, which has received good customer response. Watches division reportedly continued its healthy growth momentum in 3QFY19, led by the focus on new designs and marketing spends.

Titan Company Ltd. has an average target of 3811.83 from 6 brokers.

Titan Company Ltd.

04 Dec 2018

3620.60

-0.26%

Titan Company: Wedding season demand healthy

Buy: Titan Company Ltd.

Target

Motilal Oswal

In an encouraging sign, wedding season demand is scaling up well for TTAN. This should uplift management confidence as it had guided for healthy growth (25-30%) for 3QFY19 but refrained from commenting on the fourth quarter performance. In our view, if consumers continue flocking to its stores in the wedding season, Jewelry sales growth of 25% for the full year is achievable (note that TTAN had guided for Jewelry sales growth of 25% at the start of the year but lowered it to ~20% later).

Titan Company Ltd. is trading above all available SMAs

Titan Company Ltd.

13 Nov 2018

3620.60

-0.26%

Titan Company

Results Update: Titan Company Ltd.

SMC online

Titan Company Ltd.'s profit misses analyst estimates in the July-September period. The company has announced an impressive growth in income of 26% for the second quarter. The income from operations in the second quarter, July to September 2018, was RS.4353 crores, against last year's income of Rs.3439 crores during the same period. The income for April to September 2018, the first half of this financial year, stands at Rs.8622 crores, registering a growth of 16% over last year. The Standalone PBT for Q2 is Rs.446 crores, against Rs.425 crores last year, recording a growth of 5%. The growth in the profit before tax for the quarter was muted due to provision made to...

Titan Company Ltd. has an average target of 3811.83 from 6 brokers.

Titan Company Ltd.

12 Nov 2018

3620.60

-0.26%

Titan Company

Buy: Titan Company Ltd.

Dolat Capital

Net revenues grew by 26.4% YoY to ` 44.0bn came ahead of our estimate. Jewellery business reported a robust 28.5% sales growth mainly led by grammage growth of 24%. The segment benefited from new launches in plain gold jewellery, however, studded jewellery contribution declined from 37% to 35% during the quarter. Consequently, GM and EBITDA margins contracted. We believe the growth in jewellery category would continue, despite unfavorable base benefiting from new store additions and new customer acquisition. Further, Titan, being one of the largest...

Titan Company Ltd. has an average target of 3811.83 from 6 brokers.

Titan Company Ltd.

12 Nov 2018

3620.60

-0.26%

Titan Company Ltd

Buy: Titan Company Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Titan reported revenue growth of 27.0% YoY to | 4567.2 crore (Idirect estimate: | 4160.2 crore) driven by robust growth across all divisions. The jewellery division reported robust revenue growth of 29% YoY to | 3645.1 crore despite muted growth seen by the industry (according to the management, industry grew 5-15%). The watches segment sustained its revenue trajectory with growth of...

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

Titan Company Ltd.

10 Nov 2018, 09:06AM

3620.60

-0.26%

Titan (2QFY19): On the front foot; one-offs mar profitability. Maintain NEUTRAL

Neutral: Titan Company Ltd.

HDFC Securities

We maintain our estimates and DCF-based TP of Rs 820/sh (implying a P/E of 38x Sept-20E EPS). Reiterate NEUTRAL. Coming off a rather painful 1Q, channel checks suggest that most big-box jewellers grew at 10-15% in 2Q. In this back-drop, Titans 2Q performance seems rather commendable as the market share gain narrative is on track, albeit one-offs marred profitability.

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

Titan Company Ltd.

09 Nov 2018

3620.60

-0.26%

Jew elry sales remain robust; margins impacted by certain one-offs

Buy: Titan Company Ltd.

Target

Motilal Oswal

to INR45.7b (a) Jewelry sales grew 29% YoY to INR36.5b, 9 November 2018 but the segmental margin shrank 200bp YoY to 10.4%. (b) Watches sales rose 17.5% YoY to INR6.8b, with the EBIT margin expanding 210bp YoY to 16.4%. (1) TTAN witnessed 29% growth in the 40-day Dussehra- Diwali festive period; likely to maintain momentum for the remainder of valuation loss of INR180m, which will reverse in the subsequent quarter and (c) INR150m compensation cost to franchisee toward taking over two large profitable stores in Hyderabad. Lower-than-expected 2QFY19 margins have led us to cut our FY19/20 EPS estimate by 3.

Titan Company Ltd. is trading above all available SMAs

Titan Company Ltd.

08 Oct 2018

3620.60

-0.26%

Titan Company Ltd

Buy: Titan Company Ltd.

Target

ICICI Securities Limited

In its quarterly preview, the management indicated that the company continued to gain market share in its jewellery division for Q2FY19 driven by new collection launches and extension of diamond studded activation. Market share gains were also visible in Q1FY19 wherein the industry had declined 10-25% but its jewellery division reported revenue growth of 6% YoY. Titan has been a key beneficiary of migration from unorganised to organised players driven by recent regulatory changes, which is evident from sustained market share gains....

Titan Company Ltd. has an average target of 3811.83 from 6 brokers.

Is Titan Company Ltd. worth buying?

1338 Votes:

Buy 69.21%

Sell 17.71%

Hold 13.08%

RESEARCH REPORTS

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