TITANNSETitan Company Limited· Gems Jewellery And WatchesHighNeutral
Announced Mon, 3 Nov · 18:22 IST

Titan Company Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.

Revenue Growth 20pctPat Growth 25pctEbitda Margin ExpansionResults View source PDF

TITAN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Titan reported strong Q2 FY26 results with consolidated total income of ₹16,649 crores, up 22% year-on-year, driven by early festive demand. Consolidated Profit Before Tax grew 60% to ₹1,522 crores (normalized growth of 23% after adjusting for last year's gold duty cut impact), with PAT rising 59% to ₹1,120 crores. Standalone PAT grew 42.9% to ₹1,006 crores on ₹14,684 crores of total income, with EBIT margin expanding sharply by 173 basis points to 10.8%. Jewellery business led with 21% growth to ₹14,092 crores, Watches grew 13% to ₹1,477 crores, and Titan Engineering & Automation posted 112% growth to ₹415 crores. The board also approved the appointment of Mr. Ajoy Chawla as Managing Director effective January 1, 2026, subject to shareholder approval.

Likely market impact

Strong broad-based growth across segments with healthy margin expansion signals robust festive-season demand and pricing power. The leadership transition to a new MD is a notable governance change that investors will monitor closely, though the strong quarterly momentum is likely to support positive sentiment in the stock.