TITAN

Titan Company Share Price Titan Company

₹3,584.45
4.75 (0.13%)
  • Advice
  • Hold
19 March, 2024 12:14 BSE: 500114 NSE: TITANISIN: INE280A01028

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Titan Company Performance

Day Range

  • Low 3,547
  • High 3,600
₹ 3,584

52 Week Range

  • Low 2,442
  • High 3,887
₹ 3,584
  • Open Price3,579
  • Previous Close3,580
  • Volume217665

Titan Company Share Price

  • Over 1 Month -2.04%
  • Over 3 Month -1.07%
  • Over 6 Month 7.23%
  • Over 1 Year 45.83%

Titan Company Key Statistics

P/E Ratio 92.2
PEG Ratio 6.6
Market Cap Cr 318,223
Price to Book Ratio 26.8
EPS 37.6
Dividend 0.3
Relative Strength Index 40.24
Money Flow Index 55.15
MACD Signal 12.02
Average True Range 76.84
Titan Company Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 12,9129,90310,1038,553
Operating Expenses Qtr Cr 11,59510,30510,0428,660
Operating Profit Qtr Cr 1,4571,3551,1031,044
Depreciation Qtr Cr 1181109995
Interest Qtr Cr 1331067974
Tax Qtr Cr 305321247245
Net Profit Qtr Cr 1,040940777734
IndicatorMar 2023
Total Revenue Annual Cr 38,569
Operating Expenses Annual Cr 33,500
Operating Profit Annual in Cr 4,770
Depreciation Cr 364
Interest Annual Cr 240
Tax Annual Cr 1,132
Net Profit Annual Cr 3,333
IndicatorMar 2023
Cash from Operating Activity Annual Cr 1,810
Cash from Investing Activity Annual Cr -1,653
Cash from Financing Annual Activity Cr -155
Net Cash Flow Annual Cr 2
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 11,994
Fixed Assets Annual Cr 2,288
Total Non Current Assets Annual Cr 4,402
Total Current Assets Annual Cr 20,686
Total Assets Annual Cr 25,088
IndicatorMar 2023
Book Value Per Share Annual Rs 135
ROE Annual % 28
ROCE Annual % 35
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 13
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 13,96310,70810,8519,215
Operating Expenses Qtr Cr 12,59911,11810,7729,271
Operating Profit Qtr Cr 1,5651,4111,1251,089
Depreciation Qtr Cr 154144128119
Interest Qtr Cr 16914010996
Tax Qtr Cr 325336246252
Net Profit Qtr Cr 1,053915753730
IndicatorMar 2023
Total Revenue Annual Cr 40,883
Operating Expenses Annual Cr 35,696
Operating Profit Annual in Cr 4,879
Depreciation Cr 441
Interest Annual Cr 300
Tax Annual Cr 1,173
Net Profit Annual Cr 3,250
IndicatorMar 2023
Cash from Operating Activity Annual Cr 1,370
Cash from Investing Activity Annual Cr -1,811
Cash from Financing Annual Activity Cr 457
Net Cash Flow Annual Cr 16
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 11,851
Fixed Assets Annual Cr 3,019
Total Non Current Assets Annual Cr 4,616
Total Current Assets Annual Cr 22,407
Total Assets Annual Cr 27,023
IndicatorMar 2023
Book Value Per Share Annual Rs 134
ROE Annual % 27
ROCE Annual % 34
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 13

Titan Company Technicals

EMA & SMA

Current Price
₹3,584.45
4.75 (0.13%)
pointer
  • Bullish Moving Average
  • ___
  • 5
  • Bearish Moving Average
  • ___
  • 11
  • 20 Day
  • ₹3,679.22
  • 50 Day
  • ₹3,656.92
  • 100 Day
  • ₹3,560.08
  • 200 Day
  • ₹3,348.21
  • 20 Day
  • ₹3,688.55
  • 50 Day
  • ₹3,687.97
  • 100 Day
  • ₹3,573.34
  • 200 Day
  • ₹3,327.56

Titan Company Resistance and Support

PIVOT
₹3,588.27
Resistance
First Resistance 3,611.43
Second Resistance 3,643.17
Third Resistance 3,666.33
RSI 40.24
MFI 55.15
MACD Single Line 12.02
MACD -3.36
Support
First Resistance 3,556.53
Second Resistance 3,533.37
Third Resistance 3,501.63

Titan Company Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 828,624 51,308,398 61.92
Week 1,022,855 62,762,395 61.36
1 Month 926,226 54,526,941 58.87
6 Month 913,211 49,861,296 54.6

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 317,801
Sales 45,561
Shares in Float 41.73
No of funds 1120
Yield 0.28
Book Value 26.56
U/D Vol ratio 0.9
LTDebt / Equity
Alpha 0.06
Beta 0.76

Titan Company

Owner NameDec-23Sep-23Jun-23Mar-23
Promoters 52.9%52.9%52.9%52.9%
Mutual Funds 5.54%5.28%5.52%5.78%
Insurance Companies 3.66%3.56%3.92%4.28%
Foreign Portfolio Investors 18.89%19.05%18.53%17.51%
Financial Institutions/ Banks 0.04%0.01%0.04%0.22%
Individual Investors 15.56%15.71%15.66%15.92%
Others 3.41%3.49%3.43%3.39%

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

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 ₹3,584 As on 19 March, 2024 | 12:00

What is the Market Cap of Titan Company ?

The Market Cap of Titan Company is ₹318222.5 Cr As on 19 March, 2024 | 12:00

What is the P/E ratio of Titan Company ?

The P/E ratio of Titan Company is 92.2 As on 19 March, 2024 | 12:00

What is the PB ratio of Titan Company ?

The PB ratio of Titan Company is 26.8 As on 19 March, 2024 | 12:00

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