Titan Company, incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 237296.36 Crore) operating in Gems and Jewellery sector.
Titan Company key Products/Revenue Segments include Jewellery, Watches, Precious & Semi Precious Stones, Eyewear, Others, Other Operating Revenue, Scrap, Other Services for the year ending 31-Mar-2022.
Financials
For the quarter ended 31-12-2022, the company has reported a Consolidated Total Income of Rs 11698.00 Crore, up 26.82 % from last quarter Total Income of Rs 9224.00 Crore and up 15.89 % from last year same quarter Total Income of Rs 10094.00 Crore. Company has reported net profit after tax of Rs 912.00 Crore in latest quarter.
The company’s top management includes Mr.S Krishnan, Mr.Bhaskar Bhat, Mr.Sandeep Singhal, Ms.Sindhu Gangadharan, Dr.Mohanasankar Sivapraksam, Mr.Pradyumna Vyas, Mr.B Santhanam, Mr.Ashwani Puri, Mr.C K Venkataraman, Mr.N N Tata, Ms.Jayashree Muralidharan. Company has B S R & Co. LLP as its auditors. As on 31-03-2023, the company has a total of 89 Crore shares outstanding.
The company has ample opportunities for growth, given its market share of sub-10% in Jewelry and the ongoing challenges faced by its unorganized and organized peers. Its medium-to-long-term earnings growth potential is unparalleled.
Promoter/FII Holdings
Promoters held 52.9 per cent stake in the company as of 31-Mar-2023, while FIIs owned 17.51 per cent, DIIs 11.01 per cent.
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