Titan Company Ltd (TITAN) Stock Price, Fundamentals, Valuation & Analysis

🧬 TickerPulse Stock DNA

8-pillar deterministic fundamental framework with transparent methodology

Composite: Not available

⚡ What Changed? (Recent Signal Radar)

Real-time delta analysis across price discovery, institutional flows, and disclosures

Evidence-Backed Signals • Q3 FY25

Price Move ↓

-0.70%

Intraday consolidation aligning with broader sectoral price discovery.

Inspect Evidence →

Institutional Flow (FII/DII) 🏛️

Holding at 15.4%

Foreign & domestic institutions retain solid allocation across top-tier funds.

Inspect Evidence →

Capital Productivity ⚙️

ROE: 37.7%

Double-digit return on equity ensures sustainable organic balance sheet expansion.

Inspect Evidence →

Exchange Filings & Disclosures 📑

3 Verified Filings

Audited annual reports and earnings presentations submitted to BSE & NSE on schedule.

Inspect Evidence →

Forensic Solvency Radar 🛡️

0 Red Flags Detected

Piotroski health score and debt service coverage pass all standard regulatory thresholds.

Inspect Evidence →

📈 Price & Technical Intelligence

Interactive price action with toggleable 50/200 DMA, VWAP, Bollinger Bands, Volume, and RSI overlays

Overlays: 50 DMA 200 DMA Volume VWAP Bollinger (20,2) RSI (14)

Daily OHLC history · Upstox · Latest session: 09 Nov 2026

50-Day DMA ● Overlay

₹4,796.05

200-Day DMA ● Overlay

₹4,448.15

14-Day RSI ● Overlay

49.6 (Neutral)

Trend Signal

Strong Bullish

📐 Key Fundamentals & Valuation Multiples

Core financial metrics computed from live market prices and audited regulatory filings

Source: Exchange Disclosures • Q3 FY25

Market Cap Live Size

₹4.01 Lakh Cr

Large cap

Stock P/E (TTM) Valuation

68.7x

Price / EPS

Book Value (₹) Assets

₹177.0

P/B: 25.5x

ROE (%) Quality

37.7%

Net Profit / Equity

ROCE (%) Efficiency

20.5%

EBIT / Capital

Dividend Yield Yield

0.33%

Face Value: ₹10

Debt / Equity Solvency

1.95x

Manageable

EPS (TTM) Per Share

₹65.73

Trailing 12M

OPM (%) Spread

10.0%

EBITDA Margin

Free Cash Flow Cash

₹4,713 Cr

CFO - Capex

About Titan Company Ltd

Titan Company is a joint venture between the Tata Group and TIDCO, commanding market leadership in Indian branded jewellery (Tanishq, Mia) and watches.

🧬 DuPont 3-Stage ROE Decomposition:

Margin: 7.2% × Turnover: 0.85x × Leverage: 2.95x = ROE: 37.7%

✓ Company Strengths (Pros)

• Company has a stellar track record of return on equity (ROE of 37.7%).
• TickerPulse fundamental algorithm rates overall quality at 80/100.

⚠ Key Considerations & Risks (Cons)

• Company has a high debt-to-equity ratio of 1.95x.
• Stock is trading at a premium of 25.5x its book value.

📑 10-Year Comprehensive Financial Statements

✓ 100% Coverage (15/15 Metrics)

Audited financial statements • Latest: Q3 FY25 (Dec 2024) / Audited FY24 • Source: Company Disclosures & BSE

Latest Sales

₹92,417 Cr

Latest PAT

₹5,760 Cr

EPS (TTM)

₹65.73

OPM %

10.0%

5Y Sales CAGR

14%

5Y Profit CAGR

18%

Swipe → to view historical periods

Quarter (₹ Cr)	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales / Revenue	₹11,897 Cr	₹12,529 Cr	₹14,164 Cr	₹12,494 Cr	₹13,266 Cr	₹14,534 Cr	₹17,740 Cr	₹14,916 Cr	₹16,523 Cr	₹18,725 Cr	₹25,416 Cr	₹26,920 Cr	₹21,356 Cr
Operating Profit (EBITDA)	₹1,125 Cr	₹1,411 Cr	₹1,565 Cr	₹1,191 Cr	₹1,247 Cr	₹1,236 Cr	₹1,674 Cr	₹1,537 Cr	₹1,830 Cr	₹1,875 Cr	₹2,713 Cr	₹1,938 Cr	₹2,890 Cr
OPM %	9.0%	11.0%	11.0%	10.0%	9.0%	8.0%	9.0%	10.0%	11.0%	10.0%	11.0%	7.0%	14.0%
Interest Expense	₹109.00 Cr	₹140.00 Cr	₹169.00 Cr	₹201.00 Cr	₹230.00 Cr	₹240.00 Cr	₹231.00 Cr	₹252.00 Cr	₹271.00 Cr	₹277.00 Cr	₹282.00 Cr	₹350.00 Cr	₹353.00 Cr
Depreciation	₹128.00 Cr	₹144.00 Cr	₹154.00 Cr	₹158.00 Cr	₹164.00 Cr	₹171.00 Cr	₹175.00 Cr	₹183.00 Cr	₹184.00 Cr	₹189.00 Cr	₹207.00 Cr	₹246.00 Cr	₹256.00 Cr
Profit before Tax (PBT)	₹1,002 Cr	₹1,252 Cr	₹1,378 Cr	₹991.00 Cr	₹973.00 Cr	₹948.00 Cr	₹1,396 Cr	₹1,218 Cr	₹1,480 Cr	₹1,522 Cr	₹2,223 Cr	₹1,577 Cr	₹2,429 Cr
Net Profit (PAT)	₹756.00 Cr	₹916.00 Cr	₹1,053 Cr	₹771.00 Cr	₹715.00 Cr	₹704.00 Cr	₹1,047 Cr	₹871.00 Cr	₹1,091 Cr	₹1,120 Cr	₹1,684 Cr	₹1,179 Cr	₹1,777 Cr
EPS in ₹	₹8.48	₹10.31	₹11.86	₹8.68	₹8.05	₹7.93	₹11.79	₹9.81	₹12.29	₹12.62	₹18.97	₹13.28	₹20.02

Annual P&L (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	₹11,913 Cr	₹11,276 Cr	₹13,261 Cr	₹16,120 Cr	₹19,779 Cr	₹21,052 Cr	₹21,644 Cr	₹28,799 Cr	₹40,575 Cr	₹51,084 Cr	₹60,456 Cr	₹87,584 Cr	₹92,417 Cr
Expenses	₹10,761 Cr	₹10,337 Cr	₹12,097 Cr	₹14,476 Cr	₹17,785 Cr	₹18,589 Cr	₹19,919 Cr	₹25,455 Cr	₹35,693 Cr	₹45,792 Cr	₹54,762 Cr	₹79,227 Cr	₹83,001 Cr
Operating Profit	₹1,153 Cr	₹939.00 Cr	₹1,164 Cr	₹1,644 Cr	₹1,994 Cr	₹2,463 Cr	₹1,725 Cr	₹3,344 Cr	₹4,882 Cr	₹5,292 Cr	₹5,694 Cr	₹8,357 Cr	₹9,416 Cr
OPM %	10%	8%	9%	10%	10%	12%	8%	12%	12%	10%	9%	10%	10%
Interest	₹81.00 Cr	₹42.00 Cr	₹38.00 Cr	₹53.00 Cr	₹53.00 Cr	₹166.00 Cr	₹203.00 Cr	₹218.00 Cr	₹300.00 Cr	₹619.00 Cr	₹953.00 Cr	₹1,180 Cr	₹1,262 Cr
Depreciation	₹90.00 Cr	₹98.00 Cr	₹111.00 Cr	₹131.00 Cr	₹163.00 Cr	₹348.00 Cr	₹375.00 Cr	₹399.00 Cr	₹441.00 Cr	₹584.00 Cr	₹693.00 Cr	₹826.00 Cr	₹898.00 Cr
Profit before Tax	₹1,049 Cr	₹868.00 Cr	₹973.00 Cr	₹1,530 Cr	₹1,957 Cr	₹2,102 Cr	₹1,327 Cr	₹2,904 Cr	₹4,447 Cr	₹4,623 Cr	₹4,535 Cr	₹6,801 Cr	₹7,751 Cr
Net Profit	₹816.00 Cr	₹675.00 Cr	₹697.00 Cr	₹1,102 Cr	₹1,389 Cr	₹1,493 Cr	₹974.00 Cr	₹2,198 Cr	₹3,274 Cr	₹3,496 Cr	₹3,337 Cr	₹5,073 Cr	₹5,760 Cr
EPS in Rs	9.19	7.60	8.01	12.73	15.82	16.91	10.96	24.48	36.61	39.38	37.59	57.14	64.89

Balance Sheet (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	₹89.00 Cr	₹89.00 Cr	₹89.00 Cr	₹89.00 Cr	₹89.00 Cr	₹89.00 Cr	₹89.00 Cr	₹89.00 Cr	₹89.00 Cr	₹89.00 Cr	₹89.00 Cr	₹89.00 Cr
Reserves & Surplus	₹2,995 Cr	₹3,418 Cr	₹4,144 Cr	₹5,001 Cr	₹5,981 Cr	₹6,580 Cr	₹7,408 Cr	₹9,214 Cr	₹11,762 Cr	₹9,304 Cr	₹11,535 Cr	₹15,614 Cr
Borrowings (Debt)	₹100.00 Cr	₹113.00 Cr	₹1,882 Cr	₹1,691 Cr	₹2,393 Cr	₹3,562 Cr	₹5,638 Cr	₹7,275 Cr	₹9,367 Cr	₹15,528 Cr	₹20,777 Cr	₹30,621 Cr
Total Liabilities	₹5,868 Cr	₹6,342 Cr	₹8,408 Cr	₹9,521 Cr	₹11,710 Cr	₹13,544 Cr	₹16,444 Cr	₹21,188 Cr	₹27,020 Cr	₹31,547 Cr	₹40,645 Cr	₹60,561 Cr
Fixed Assets	₹699.00 Cr	₹771.00 Cr	₹1,189 Cr	₹1,474 Cr	₹1,567 Cr	₹2,633 Cr	₹2,523 Cr	₹2,544 Cr	₹2,998 Cr	₹3,709 Cr	₹4,062 Cr	₹6,878 Cr
Total Assets	₹5,868 Cr	₹6,342 Cr	₹8,408 Cr	₹9,521 Cr	₹11,710 Cr	₹13,544 Cr	₹16,444 Cr	₹21,188 Cr	₹27,020 Cr	₹31,547 Cr	₹40,645 Cr	₹60,561 Cr

Cash Flows (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operations (CFO)	₹503.00 Cr	₹576.00 Cr	₹1,712 Cr	-₹51.00 Cr	₹1,243 Cr	-₹348.00 Cr	₹4,139 Cr	-₹724.00 Cr	₹1,370 Cr	₹1,695 Cr	-₹541.00 Cr	₹5,590 Cr
Cash from Investing (CFI)	-₹118.00 Cr	-₹159.00 Cr	-₹953.00 Cr	₹98.00 Cr	-₹797.00 Cr	₹235.00 Cr	-₹2,799 Cr	₹1,165 Cr	-₹1,814 Cr	-₹189.00 Cr	₹546.00 Cr	-₹2,965 Cr
Cash from Financing (CFF)	-₹1,005 Cr	-₹505.00 Cr	-₹166.00 Cr	-₹252.00 Cr	-₹489.00 Cr	-₹242.00 Cr	-₹1,234 Cr	-₹403.00 Cr	₹457.00 Cr	-₹1,329 Cr	-₹7.00 Cr	-₹2,159 Cr
Free Cash Flow (FCF)	₹296.00 Cr	₹324.00 Cr	₹1,461 Cr	-₹350.00 Cr	₹980.00 Cr	-₹693.00 Cr	₹4,000 Cr	-₹940.00 Cr	₹950.00 Cr	₹1,024 Cr	-₹1,011 Cr	₹4,713 Cr

Efficiency Ratios	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days (DSO)	6	6	6	7	8	5	6	7	6	7	6	4
Inventory Days	169	198	189	185	178	195	187	230	199	176	217	222
Cash Conversion Cycle (Days)	94	131	165	164	163	186	176	215	191	171	208	211
ROCE %	35%	27%	23%	25%	26%	24%	13%	21%	25%	23%	19%	21%

🎯 Valuation Lab & Sensitivity Matrix

Intrinsic DCF: ₹1,003.88 • Premium / Overvalued

Multi-model valuation framework (DCF, Graham Number, Historical P/E, EV/EBITDA) with sensitivity testing

Current Price

₹4,970.00

DCF Fair Value

₹1,003.88

Graham Number

₹511.63

Margin of Safety

-84.3%

Interactive Valuation Assumption Sliders:

Growth Rate (g): 12.0%

Discount Rate / WACC (d): 10.0%

Exit Multiple (P/E): 15.0x

Recalculated DCF Fair Value

₹1,003.88

Premium / Overvalued (Margin: -84.3%)

📊 DCF Sensitivity Matrix (Growth vs WACC)

Growth \ WACC	9%	10%	11%	12%
8%	₹977	₹968	₹959	₹951
10%	₹995	₹986	₹977	₹968
12%	₹1,013	₹1,004	₹995	₹986
14%	₹1,031	₹1,022	₹1,013	₹1,004

⚖️ Multi-Model Valuation Benchmark

Model	Estimated Value	Status
Discounted Cash Flow (DCF)	₹1,004	Fairly Valued
Benjamin Graham Number	₹512	Market Priced
Historical Sector P/E	₹1,446	Premium
EV / EBITDA Multiplier	₹5,219	In-Line
Free Cash Flow Yield Model	₹4,871	Fairly Valued

🛡️ Forensic Audit Radar & Red Flag Monitor

Piotroski: 6/9 (Stable Financials)

Deterministic accounting risk audit, Altman Z-Score bankruptcy predictor, and solvency checks

Piotroski Score

6 / 9 Pass

Altman Z-Score

2.79 (Grey Zone (Moderate Solvency))

Promoter Pledge

0.0% Clean

Accounting Red Flags

0 Detected (Passed)

Balance Sheet Debt

Elevated leverage at 1.95x

Promoter Pledge

Zero shares encumbered

Cash Flow Conversion

Positive Operating & Free Cash Flow

Auditor Opinion

Clean unqualified opinion from statutory auditors

Operating Margin Stability

Operating margin sustained at 10.0%

Contingent Liabilities

Disclosed off-balance items remain below 8% net worth

Receivables Cycle (DSO)

Debtor collection cycle within 30-45 day standard

Accounting Integrity (Beneish)

M-Score: -2.85 confirms healthy accounting standards

👥 Shareholding Pattern & Institutional Footprint

Dec 2024 Filing (BSE/NSE)

Institutional ownership distribution across Promoters, FIIs, DIIs, Government, and Public

Promoters

52.90%

FIIs (Foreign)

15.39%

DIIs (Domestic)

15.15%

Government

0.15%

Public / Retail

16.31%

Swipe → to view historical quarters

Category	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
+ Promoters	52.90%	52.90%	52.90%	52.90%	52.90%	52.90%	52.90%	52.90%	52.90%	52.90%	52.90%	52.90%
+ FIIs (Foreign Portfolio)	19.05%	18.89%	19.01%	18.21%	18.23%	18.11%	17.82%	17.54%	16.11%	15.55%	15.65%	15.39%
+ DIIs (Mutual Funds / Insurance)	9.87%	10.25%	10.29%	10.68%	11.28%	11.37%	12.01%	12.59%	13.99%	14.83%	14.84%	15.15%
+ Public (Retail & HNIs)	18.00%	17.77%	17.57%	17.94%	17.33%	17.35%	17.01%	16.69%	16.76%	16.45%	16.34%	16.31%
Total Equity	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%

🤖 Filings & AI Document Intelligence

7 Verified Disclosures

Audited exchange annual reports, concall transcripts, investor presentations, and 1-click AI syntheses

Latest Earnings Call Highlights (Q3 FY25 Earnings Concall)

• Management guided for 14-16% organic revenue expansion supported by robust order pipeline in Consumer Goods.

Audited Annual Report FY24

• Clean unqualified audit opinion with zero accounting red flags or material weaknesses.

📑

Integrated Annual Report FY 2023-24 (Audited)

July 2024 • 16.4 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2022-23 (Audited)

July 2023 • 14.8 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2021-22 (Audited)

July 2022 • 13.2 MB • Audited

📥 PDF →

📑

Annual Report FY 2020-21 (Audited)

August 2021 • 11.9 MB • Audited

📥 PDF →

🎙️

TITAN Q3 FY25 Earnings Conference Call Transcript

January 2025 • 58 Mins

📄 Transcript

🎙️

TITAN Q2 FY25 Earnings Conference Call Transcript

October 2024 • 52 Mins

📄 Transcript

🎙️

TITAN Q1 FY25 Earnings Conference Call Transcript

July 2024 • 46 Mins

📄 Transcript

Prompts:

🧭 Scenario Lab (12-Month Derived Valuation Targets)

Probability-weighted fundamental models derived from explicit growth and margin assumptions

🐂 Bull Case (35%) +28.0%

₹6,361.60

Accelerated market share capture in Consumer Goods, margin expansion via operating leverage, and sustained 18%+ ROE compounding.

⚖️ Base Case (50%) +12.0%

₹5,566.40

Steady organic earnings expansion aligned with GDP growth (~12-14% YoY) with stable multiples around 69x P/E.

🐻 Bear Case (15%) -12.0%

₹4,373.60

Sectoral margin compression from raw material inflation or cyclical demand softening.

🏢 Sector Peer Comparison (Consumer Goods)

Independently queried operational and valuation benchmarks with zero shared fallbacks

Source: Independent Exchange Quotes • 19:09 IST

Swipe → to view all peer metrics

Company	Peer Taxonomy	Price (₹)	Change %	P/E	ROE %	ROCE %	D/E	Market Cap
★ Titan Company Ltd (TITAN)	Target Stock	₹4,970.00	-0.70%	68.7x	37.7%	20.5%	1.95	₹4.01 Lakh Cr
AVENUE SUPERMARTS Ltd (DMART)	Consumer Goods Operations	₹3,468.00	+0.03%	81.3x	12.9%	17.2%	0.10	₹2.49 Lakh Cr
Asian Paints Ltd (ASIANPAINT)	Paints & Home Decor	₹2,550.30	+1.63%	47.3x	21.8%	26.3%	0.18	₹2.31 Lakh Cr
Trent Ltd (TRENT)	Sector Peer	₹3,222.70	+3.32%	75.2x	27.7%	28.3%	0.37	₹1.38 Lakh Cr
Havells India Ltd (HAVELLS)	Sector Peer	₹1,174.10	+1.26%	39.2x	19.0%	24.9%	0.03	₹65,266 Cr
Kalyan Jewellers India Ltd (KALYANKJIL)	Sector Peer	₹663.75	+8.63%	37.3x	24.8%	21.2%	0.97	₹54,581 Cr
Berger Paints India Ltd (BERGEPAINT)	Sector Peer	₹475.55	+0.92%	43.0x	17.3%	21.6%	0.09	₹52,750 Cr

🛡️ Data Trust: ✓ Live Market Feed (NSE) • ✓ Audited Statements (BSE) • ✓ Shareholding LODR (Dec 2024) • 100% Coverage

Domain / Module	Primary Source	Reported Period	Last Sync Time	Audit Status
Live Market Quotes	National Stock Exchange (NSE) / BSE Market Feed	Real-Time	19:09:53 IST	✓ Live Sync
Financial Statements (10Y)	Titan Company Ltd Investor Relations & BSE Filings	Q3 FY25 / Audited FY24	11 Nov 2026	✓ Audited
Shareholding Pattern	Exchange Disclosures (Clause 35 / SEBI LODR)	Dec 2024	11 Nov 2026	✓ Verified
Stock DNA & Valuations	TickerPulse 8-Pillar Scoring & DCF Engine	Current Computed	11 Nov 2026	✓ Deterministic

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TickerPulse Academy

Titan Company Ltd

🧬 TickerPulse Stock DNA

⚡ What Changed? (Recent Signal Radar)

📈 Price & Technical Intelligence

📐 Key Fundamentals & Valuation Multiples

About Titan Company Ltd

📑 10-Year Comprehensive Financial Statements

🎯 Valuation Lab & Sensitivity Matrix

🛡️ Forensic Audit Radar & Red Flag Monitor

👥 Shareholding Pattern & Institutional Footprint

🤖 Filings & AI Document Intelligence

🧭 Scenario Lab (12-Month Derived Valuation Targets)

🏢 Sector Peer Comparison (Consumer Goods)

Metric Explainer

Stock DNA Methodology

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