Outcome of the Board Meeting in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015
TITAN · price
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Titan Company Limited reported landmark FY26 results with consolidated total income crossing ~₹76,078 crores, up 33% YoY. Q4FY26 standalone total income was ~₹24,086 crores with PAT of ₹1,124 crores (up 35% YoY). The Board recommended a dividend of ₹15 per equity share (face value ₹1), subject to shareholder approval at the 42nd AGM. Key highlights include Jewellery revenue (excl. Bullion/Digi-gold) of ~₹18,195 crores growing 50% in Q4 and the completion of the 67% acquisition of Damas Jewellery in the GCC region. Auditors BSR & Co. LLP issued an unmodified audit opinion on both standalone and consolidated results. The company added 27 net jewellery stores in India during Q4 and 123 stores from the Damas acquisition internationally.
Strong Q4 and full-year performance demonstrates sustained momentum across jewellery, watches and emerging businesses. The dividend recommendation and robust revenue growth (₹50,000 crores to ₹75,000 crores milestone in one year) signal positive shareholder returns, though investors should monitor margin compression (EBIT margins at ~9.2% for Q4) and the international jewellery loss of ₹82 crores.