TITAN

Titan Company Share PriceTitan Company

₹3,489.5
-1.1 (-0.03%)
  • Advice
  • Hold
As on 01 December, 2023 | 22:26 BSE: 500114 NSE: TITANISIN: INE280A01028

Titan Company Performance

Day Range

  • Low 3,470.00
  • High 3,500.00
₹ 3,489.5

52 Week Range

  • Low 2,269.60
  • High 3,500.00
₹ 3,489.5
  • Open Price3,499.00
  • Previous Close3,490.60
  • Volume655263

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Titan Company Share Price

  • Over 1 Month 9.96%
  • Over 3 Month 11.96%
  • Over 6 Month 23.42%
  • Over 1 Year 32.24%

Titan Company Key Statistics

P/E Ratio 93.8
PEG Ratio 17.1
Market Cap Cr 309,793
Price to Book Ratio 26.1
EPS 37.6
Dividend 0.3
Relative Strength Index 70.95
Money Flow Index 81.76
MACD Signal 47.1
Average True Range 52.48

Titan Company Investment Rating

  • Master Rating:
  • Titan Company has an operating revenue of Rs. 46,395.00 Cr. on a trailing 12-month basis. An annual revenue growth of 41% is outstanding, Pre-tax margin of 11% is healthy, ROE of 27% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 6% and 19% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 4% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 74 which is a FAIR score but needs to improve its earnings, a RS Rating of 60 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 68 indicates it belongs to a poor industry group of Retail/Whlsle-Jewelry and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock definitely has some strength, you may want to examine it in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Titan Company Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 9,90310,1038,55310,4448,1348,4936,749
Operating Expenses Qtr Cr 10,30510,0428,6609,5457,4967,7976,494
Operating Profit Qtr Cr 1,3551,1031,0441,3301,2341,164782
Depreciation Qtr Cr 110999593898788
Interest Qtr Cr 106797461505554
Tax Qtr Cr 321247245316298273174
Net Profit Qtr Cr 940777734951857793491
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 38,56927,456
Operating Expenses Annual Cr 33,50023,931
Operating Profit Annual in Cr 4,7703,279
Depreciation Cr 364347
Interest Annual Cr 240195
Tax Annual Cr 1,132752
Net Profit Annual Cr 3,3332,180
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 1,810-1,126
Cash from Investing Activity Annual Cr -1,6531,564
Cash from Financing Annual Activity Cr -155-468
Net Cash Flow Annual Cr 2-30
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 11,9949,373
Fixed Assets Annual Cr 2,2881,996
Total Non Current Assets Annual Cr 4,4023,758
Total Current Assets Annual Cr 20,68616,379
Total Assets Annual Cr 25,08820,137
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 135105
ROE Annual % 2823
ROCE Annual % 3530
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1313
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 10,70810,8519,21511,1678,5678,9757,267
Operating Expenses Qtr Cr 11,11810,7729,27110,2627,9168,2477,002
Operating Profit Qtr Cr 1,4111,1251,0891,3471,2471,196794
Depreciation Qtr Cr 144128119113106103102
Interest Qtr Cr 1401099679606561
Tax Qtr Cr 336246252332307282126
Net Profit Qtr Cr 915753730904831785510
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 40,88329,033
Operating Expenses Annual Cr 35,69625,458
Operating Profit Annual in Cr 4,8793,341
Depreciation Cr 441399
Interest Annual Cr 300218
Tax Annual Cr 1,173706
Net Profit Annual Cr 3,2502,173
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 1,370-724
Cash from Investing Activity Annual Cr -1,8111,164
Cash from Financing Annual Activity Cr 457-403
Net Cash Flow Annual Cr 1637
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 11,8519,303
Fixed Assets Annual Cr 3,0192,506
Total Non Current Assets Annual Cr 4,6163,740
Total Current Assets Annual Cr 22,40717,454
Total Assets Annual Cr 27,02321,194
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 134105
ROE Annual % 2723
ROCE Annual % 3430
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1312

Titan Company Technicals

EMA & SMA

Current Price
₹3,489.5
-1.1 (-0.03%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹3,366.16
  • 50 Day
  • ₹3,282.42
  • 100 Day
  • ₹3,172.50
  • 200 Day
  • ₹2,993.77
  • 20 Day
  • ₹3,350.35
  • 50 Day
  • ₹3,279.77
  • 100 Day
  • ₹3,171.56
  • 200 Day
  • ₹2,920.36

Titan Company Resistance and Support

PIVOT
₹3,486.5
Resistance
First Resistance 3,503.00
Second Resistance 3,516.50
Third Resistance 3,533.00
RSI 70.95
MFI 81.76
MACD Single Line 47.10
MACD 61.53
Support
First Resistance 3,473.00
Second Resistance 3,456.50
Third Resistance 3,443.00

Titan Company Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 693,852 41,880,907 60.36
Week 944,126 59,687,614 63.22
1 Month 842,981 44,669,556 52.99
6 Month 926,912 49,941,994 53.88

Titan Company Result Highlights

Titan Company Synopsis

NSE-Retail/Whlsle-Jewelry

Titan Company is involved in the business activities of Manufacture of watches and clocks. Company’s Total Operating Revenue is Rs. 38270.00 Cr. and Equity Capital is Rs. 89.00 Cr. for the Year ended 31/03/2023. 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 309,216
Sales 43,384
Shares in Float 41.73
No of funds 1135
Yield 0.29
Book Value 25.9
U/D Vol ratio 0.8
LTDebt / Equity
Alpha 0.09
Beta 0.63

Titan Company

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 52.9%52.9%52.9%52.9%
Mutual Funds 5.28%5.52%5.78%5.54%
Insurance Companies 3.56%3.92%4.28%4.49%
Foreign Portfolio Investors 19.05%18.53%17.51%17.53%
Financial Institutions/ Banks 0.01%0.04%0.22%0.24%
Individual Investors 15.71%15.66%15.92%15.86%
Others 3.49%3.43%3.39%3.44%

Titan Company Management

Name Designation
Mr. S Krishnan Chairman
Mr. N N Tata Vice Chairman
Mr. C K Venkataraman Managing Director
Mr. Bhaskar Bhat Director
Ms. Jayashree Muralidharan Director
Ms. Mariam Pallavi Baldev Director
Dr. Mohanasankar Sivapraksam Independent Director
Ms. Sindhu Gangadharan Independent Director
Mr. Sandeep Singhal Independent Director
Mr. Ashwani Puri Independent Director
Mr. B Santhanam Independent Director
Mr. Pradyumna Vyas 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

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

Titan Company MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 155,471
SBI S&P BSE Sensex ETF 95,207
HDFC Balanced Advantage Fund Growth 63,981
ICICI Prudential Balanced Advantage Fund Growth 49,871
UTI Nifty 50 Exchange Traded Fund 42,363

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 1300 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 1200 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 ₹3,489 As on 01 December, 2023 | 22:12

What is the Market Cap of Titan Company ?

The Market Cap of Titan Company is ₹309793 Cr As on 01 December, 2023 | 22:12

What is the P/E ratio of Titan Company ?

The P/E ratio of Titan Company is 93.8 As on 01 December, 2023 | 22:12

What is the PB ratio of Titan Company ?

The PB ratio of Titan Company is 26.1 As on 01 December, 2023 | 22:12

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

Q2FY23