Titan Company Share Price

Large Cap

₹3,447.25

-46.2 (-1.32%)

Advice
Hold

11 October, 2024 01:58 BSE: 500114 NSE: TITAN ISIN: INE280A01028

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Titan Company Performance

Day Range

Low 3,415
High 3,532

₹ 3,447

52 Week Range

Low 3,056
High 3,887

₹ 3,447

Open Price3,510
Previous Close3,493
Volume1488328

Titan Company Chart

Over 1 Month -6.44%
Over 3 Month + 7.22%
Over 6 Month -6.31%
Over 1 Year + 5.5%

Titan Company Key Statistics

P/E Ratio	88.6
PEG Ratio	12.1
Market Cap Cr	306,042
Price to Book Ratio	32.7
EPS	39.9
Dividend	0.3
Relative Strength Index	31.39
Money Flow Index	29.19
MACD Signal	21.84
Average True Range	92.8

Titan Company F&O

Titan Company Futures Titan Company Option Chain

Titan Company Investment Rating

Master Rating:
Titan Company has an operating revenue of Rs. 52,453.00 Cr. on a trailing 12-month basis. An annual revenue growth of 26% is outstanding, Pre-tax margin of 9% is okay, ROE of 37% is exceptional. The company has a reasonable debt to equity of 35%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. It is currently FORMING a base in its weekly chart and is trading around 10% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 69 which is a FAIR score but needs to improve its earnings, a RS Rating of 33 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C which is evident from recent supply seen, Group Rank of 98 indicates it belongs to a poor industry group of Retail/Whlsle-Jewelry and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Titan Company Financials

Standalone Consolidated

Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios
Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios

Indicator	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023
Oper Rev Qtr Cr	11,105	10,047	12,912	9,903	10,103	8,553
Operating Expenses Qtr Cr	10,842	10,148	11,595	10,305	10,042	8,660
Operating Profit Qtr Cr	1,211	1,109	1,457	1,355	1,103	1,044
Depreciation Qtr Cr	126	120	118	110	99	95
Interest Qtr Cr	182	162	133	106	79	74
Tax Qtr Cr	251	191	305	321	247	245
Net Profit Qtr Cr	770	786	1,040	940	777	734

Indicator	Mar 2024	Mar 2023
Total Revenue Annual Cr	47,624	38,569
Operating Expenses Annual Cr	42,090	33,500
Operating Profit Annual in Cr	5,024	4,770
Depreciation Cr	447	364
Interest Annual Cr	480	240
Tax Annual Cr	1,063	1,132
Net Profit Annual Cr	3,544	3,333

Indicator	Mar 2024	Mar 2023
Cash from Operating Activity Annual Cr	2,030	1,810
Cash from Investing Activity Annual Cr	-4,634	-1,653
Cash from Financing Annual Activity Cr	2,757	-155
Net Cash Flow Annual Cr	153	2

Indicator	Mar 2024	Mar 2023
Total ShareHolders Funds Annual Cr	14,457	11,994
Fixed Assets Annual Cr	2,778	2,288
Total Non Current Assets Annual Cr	10,169	4,402
Total Current Assets Annual Cr	22,693	20,686
Total Assets Annual Cr	32,862	25,088

Indicator	Mar 2024	Mar 2023
Book Value Per Share Annual Rs	162	135
ROE Annual %	25	28
ROCE Annual %	26	35
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	12	13

Indicator	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023
Oper Rev Qtr Cr	12,223	11,229	13,963	10,708	10,851	9,215
Operating Expenses Qtr Cr	12,019	11,303	12,599	11,118	10,772	9,271
Operating Profit Qtr Cr	1,247	1,191	1,565	1,411	1,125	1,089
Depreciation Qtr Cr	164	158	154	144	128	119
Interest Qtr Cr	230	201	169	140	109	96
Tax Qtr Cr	258	220	325	336	246	252
Net Profit Qtr Cr	715	771	1,053	915	753	730

Indicator	Mar 2024	Mar 2023
Total Revenue Annual Cr	51,617	40,883
Operating Expenses Annual Cr	45,792	35,696
Operating Profit Annual in Cr	5,292	4,879
Depreciation Cr	584	441
Interest Annual Cr	619	300
Tax Annual Cr	1,127	1,173
Net Profit Annual Cr	3,496	3,250

Indicator	Mar 2024	Mar 2023
Cash from Operating Activity Annual Cr	1,695	1,370
Cash from Investing Activity Annual Cr	-189	-1,811
Cash from Financing Annual Activity Cr	-1,329	457
Net Cash Flow Annual Cr	177	16

Indicator	Mar 2024	Mar 2023
Total ShareHolders Funds Annual Cr	9,393	11,851
Fixed Assets Annual Cr	3,683	3,019
Total Non Current Assets Annual Cr	5,942	4,616
Total Current Assets Annual Cr	25,608	22,407
Total Assets Annual Cr	31,550	27,023

Indicator	Mar 2024	Mar 2023
Book Value Per Share Annual Rs	106	134
ROE Annual %	37	27
ROCE Annual %	35	34
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	11	13

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Titan Company Technicals

EMA & SMA

Current Price

₹3,447.25

-46.2 (-1.32%)

Bullish Moving Average
___
0

Bearish Moving Average
___
16

EMA SMA

20 Day
₹3,649.81

50 Day
₹3,606.31

100 Day
₹3,549.95

200 Day
₹3,476.79

20 Day
₹3,711.38

50 Day
₹3,593.47

100 Day
₹3,478.59

200 Day
₹3,557.26

Titan Company Resistance and Support

PIVOT

₹3,464.64

Resistance
First Resistance	3,514.17
Second Resistance	3,581.08
Third Resistance	3,630.62

RSI	31.39
MFI	29.19
MACD Single Line	21.84
MACD	-25.81

Support
First Support	3,397.72
Second Support	3,348.18
Third Supoort	3,281.27

Titan Company Delivery and Volume

Period	NSE + BSE Volume Avg	NSE + BSE Delivery Volume Avg	NSE + BSE Delivery Volume %
Day	1,551,034	79,474,982	51.24
Week	1,670,078	76,873,681	46.03
1 Month	1,280,331	66,513,178	51.95
6 Month	1,530,973	81,830,490	53.45

Titan Company Result Highlights

Titan Company Synopsis

NSE-Retail/Whlsle-Jewelry

Titan Company is involved in the business activities of Manufacture of jewellery and related articles. Company’s Total Operating Revenue is Rs. 47114.00 Cr. and Equity Capital is Rs. 89.00 Cr. for the Year ended 31/03/2024. Titan Company Ltd. is a Public Limited Listed company incorporated on 26/07/1984 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L74999TZ1984PLC001456 and registration number is 001456.

Market Cap	310,144
Sales	48,022
Shares in Float	41.73
No of funds	1087
Yield	0.31

Book Value	21.51
U/D Vol ratio	1.3
LTDebt / Equity	22
Alpha	-0.04
Beta	0.62

Titan Company Shareholding Pattern

Owner Name	Jun-24	Mar-24	Dec-23	Sep-23
Promoters	52.9%	52.9%	52.9%	52.9%
Mutual Funds	5.63%	5.46%	5.54%	5.28%
Insurance Companies	3.94%	3.78%	3.66%	3.56%
Foreign Portfolio Investors	18.21%	19.01%	18.89%	19.05%
Financial Institutions/ Banks	0.07%	0.03%	0.04%	0.01%
Individual Investors	15.77%	15.39%	15.56%	15.71%
Others	3.48%	3.43%	3.41%	3.49%

Titan Company Management

Name	Designation
Mr. Arun Roy	Chairman
Mr. N N Tata	Vice Chairman
Mr. C K Venkataraman	Managing Director
Ms. Mariam Pallavi Baldev	Director
Mr. Bhaskar Bhat	Director
Mr. Sandeep Nanduri	Director
Dr. Mohanasankar Sivapraksam	Independent Director
Ms. Sindhu Gangadharan	Independent Director
Mr. Sandeep Singhal	Independent Director
Mr. Anil Chaudhry	Independent Director
Mr. Ashwani Puri	Independent Director
Mr. B Santhanam	Independent Director

Titan Company Forecast

Price Estimates

2,000(9.8%)

1,758(-3.5%)

1,590(-12.7%)

Other Analyst Rating

Titan Company Corporate Action

Board

Date	Purpose	Remarks
2024-08-02	Quarterly Results
2024-05-03	Audited Results & Dividend
2024-02-01	Quarterly Results
2023-11-03	Quarterly Results
2023-10-17	Others

About Titan Company

Titan Company Ltd. is a quite well-established company in the country. It is owned by the Tata Group and Tamil Nadu Industrial Development Corporation and is headquartered in Bengaluru. The company has a reputation for being the world's 5th largest integrated own brand watch manufacturer worldwide.

Several lifestyle brands are a part of Titan, and the brand has ventured into several product categories apart from watches. It is the largest branded jewellery maker in India. Some prominent brands under the umbrella of Titan include Fastrack, Sonata, Titan Raga, Tanishq, Mia, Zoya, CaratLane, Titan EyePlus, etc. All of these brands have dedicated outlets in different cities across the country.

The company came into existence in 1984 when the Tata Group and the Tamil Nadu Industrial Development Corporation formed a joint venture named 'Titan Watches Limited'. Xerxes Desai became the first-ever managing director of the company, and he also played an instrumental role in building a strong foundation for the company.

Titan got into the jewellery business with its brand Tanishq in 1994. Post that, the company entered the eyewear industry with Titan EyePlus. When the company came into existence, it had started producing quartz analogue electronic watches in Hosur, Tamil Nadu. In 1986, Titan agreed with Casio to produce 2 million digital and analogue-digital watches.

By the early 2000s, Titan was not just limited to watches. It had changed its name to Titan Industries Ltd. In 1993 as it had several diversification plans in place. In 1998, Titan launched Fastrack, a brand targeted toward the country's youth. Fastrack manufactured several accessories, including bags, watches, sunglasses, wallets, etc.

Shareholding Pattern

The shareholding pattern of Titan Company Ltd. Is quite simple to understand. The promoters hold about 52.9% shares of the company. Several foreign institutions have an 18.4% of the shares, and the mutual funds are given a holding of 4.56%. The central government holds 0.16% of the shares, and the general public holds 15.59% of the shares. Financial institutions hold 5.65% of the shares, and the remaining 2.74% of holdings are categorized as others.

Corporate Social Responsibility Information

Titan Company Ltd. Has taken up several corporate social responsibility initiatives under the lead of Mr Venkataraman. Some of the initiatives taken by the company are listed below:

Titan Scholarships

These scholarships are given out to the students based on their needs and merit. This program was directly managed by the Titan School and the Titan Foundation for Education. Several scholarships were awarded to students from different districts of Tamil Nadu. The program is also being implemented in Uttarakhand.

Titan Township

Titan has built a community in Hosur which provides homes to about 1,300 people. They have implemented an initiative in collaboration with NGOs named MCA and Ashraya.

Employing Differently-Abled

More than 120 differently-abled people are now making watches in the Hosur factory of Titan Company Ltd.

Karigar Park

About 14 centres were built under this initiative, providing homes to jewellery karigars working for Titan. The karigars are trained in these centres and provided with everything they would need to make jewellery. The best working conditions are provided to these people. The centres also have a provision for recreation as there are parks and gyms around.

Titan Kanya

The core of this initiative was to promote the education of a girl child. The program aims at empowering girl children they complete their education at least up to class 10th.

Titan School and Titan Foundation for Education

The Titan School and the Titan Foundation for Education were established by Xerxes Desai. The school was started in Mathigiri, Hosur. The Titan School covers an area of 85 acres. There is a residential area where the school is built. Around 1,200 people stay in the houses that are a part of the residential area. Most of these people work for Titan, but the place welcomes non-Titan employees. The school aims to provide holistic education by implementing modern learning methods.

Titan Company FAQs

What is Share Price of Titan Company ?

Titan Company share price is ₹3,447 As on 11 October, 2024 | 01:44

What is the Market Cap of Titan Company ?

The Market Cap of Titan Company is ₹306042.1 Cr As on 11 October, 2024 | 01:44

What is the P/E ratio of Titan Company ?

The P/E ratio of Titan Company is 88.6 As on 11 October, 2024 | 01:44

What is the PB ratio of Titan Company ?

The PB ratio of Titan Company is 32.7 As on 11 October, 2024 | 01:44

What is the ROE of Titan Company?

The ROE of Titan Company Ltd. Is 23.25%.

Is Titan Company a good investment?

Titan Company has an operating revenue of INR 26,079.00 Cr. on a trailing 12-month basis. An annual revenue growth of 3% is not great, Pre-tax margin of 6% is okay. Institutional holding has gone up in the last reported quarter is a positive sign. Analyst Recommendation on Tata Steel: HOLD.

What is the stock price CAGR of Titan Company?

The stock price CAGR of Titan Company is 10 Years for 29%, for 5 Years is 49%, for 3 Years is 38%, for 1 Year is 66%.

Is the Titan Company debt free?

Titan Company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles.

How to buy the shares of Titan Company Ltd.?

You can create an account on 5paisa and then open a demat account to buy the shares of Titan Company Ltd.

What is the face value of the shares of Titan Company Ltd.?

The face value of the shares of Titan Company Ltd. Is Rs. 1

Titan Company Key Statistics

P/E Ratio	88.6
PEG Ratio	12.1
Market Cap Cr	306,042
Price to Book Ratio	32.7
EPS	39.9
Dividend	0.3
Relative Strength Index	31.39
Money Flow Index	29.19
MACD Signal	21.84
Average True Range	92.8

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