TITANBSETitan Company LtdHighNeutral
Announced Fri, 8 May · 14:06 IST

Financial results for the quarter and year ended 31st March 2026

Revenue Growth 20pctPat Growth 25pctEbitda Margin ExpansionExceptional ItemResults View source PDF

TITAN · price

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AI summary

Titan Company reported exceptional Q4FY26 results with consolidated total income of ₹20,300 crores, up 46% YoY, and PAT of ₹1,179 crores growing 35%. For the full year FY26, the company crossed the landmark ₹75,000 crore revenue milestone with total income of ₹76,078 crores, up 33%, and PAT of ₹5,073 crores, up 52% YoY. The Jewellery segment drove performance with 50% growth in Q4 to ₹18,195 crores, while Watches grew 8% and Eyecare grew 17%. The company completed its 67% acquisition of Damas Jewellery in GCC and added 27 stores in India during the quarter. An unmodified audit opinion was issued, and the board recommended a dividend of ₹15 per share. An exceptional item of ₹89 crores was recorded due to changes in Indian labour codes.

Likely market impact

Titan delivered outstanding quarterly and annual growth driven by jewellery strength and new acquisitions. The 52% PAT growth and margin expansion signal strong operational efficiency. However, investors should note the exceptional labour code charge and the loss from the international jewellery business including Damas.