Titan Company Ltd

Revenue from operations increased 23.76% year on year to Rs 13,897 crore in Q4 FY25. Profit before tax (PBT) stood at Rs 1,218 crore in Q4 FY25, up 22.91% YoY. EBIT jumped 23.4% to Rs 1,470 crore during the quarter as compared with Rs 1,192 crore posted in corresponding quarter last year. EBIT margin stood at 10.5% in Q4 FY25 as against 10.4% in Q4 FY24. On segment front, revenue from Jewellery business (Tanishq, Mia & Zoya) total income grew 25% YoY to Rs 11,232 crore. The domestic India business grew 23% to Rs 10,845 crore during the same period driven by a strong 30% growth in gold jewellery and coins (together) and 12% growth in studded jewellery. Solitaires likewise witnessed a good rebound on the back of good buyer growth, albeit on the lower carat weights. Tanishq expanded its international network to the new markets of Sharjah in UAE and Atlanta & Santa Clara in USA. The Jewellery international footprint (including Singapore) now stands at 23 stores comprising of 21 Tanishq stores and 2 Mia stores. In the domestic market, of the 16 new store additions (net) during the quarter, 4 stores were added in Tanishq and 12 stores were added in Mia respectively. Watches & wearables business recorded a total Income of Rs 126 crore, up 20% over Q4 FY24. The domestic India business grew 18% to Rs 1,087 crore during the same period driven by a healthy 18% growth in analog watches. The premium brands of Titan, Xylys, Raga and international brands (via Helios channel) continued to do well growing in double-digits during the quarter and clocking higher average price realizations than Q4FY24. Fastrack brand topped the growth charts clocking 44% growth followed by Sonata recording 25% growth (over their respective Q4 FY24 numbers). During the quarter, in India, 20 new stores (net) were added in Titan World, 10 stores in Helios and 11 stores in Fastrack. Eyecare division recorded a total income growth of 16% to Rs 192 crore in Q4 FY25. International brands registered a strong growth of 47% YoY. Within product categories, sunglasses sales outpaced others growing by 52% in the same period. During the quarter, Titan Eye+ opened two new stores in the UAE region, one each in Sharjah and Dubai. The Division closed 11 stores (net) in India during the quarter. The Emerging Businesses comprising of Indian Dress Wear (Taneira), Fragrances, Fashion Accessories (F&FA) recorded a total income of Rs 102 crore for Q4FY25 growing 5% over Q4FY24. The F&FA business grew 20% YoY. Within F&FA, Fragrances grew by 26% and Women's Bags clocked 10% growth respectively over Q4FY24. The Businesses together recorded a loss of Rs 137 crore for Q4FY25. Taneira's sales were lower by 4% in this same period. During the quarter, SKINN piloted its first experiential store in Seawoods, Mumbai. IRTH opened 4 new stores while Taneria closed 1 store (net) during Q4 FY25. On full year basis, the company's consolidated net profit declined 4.55% to Rs 3,337 crore in FY25 as compared with Rs 3,496 crore in FY24. Revenue from operations jumped 22.23% to Rs 57,143 crore in FY25 as against Rs 46,751 crore posted in previous fiscal. C K Venkataraman, managing director of the company, said, 'While FY25 was marked by multiple external events that had varying impacts on the businesses in general, Titan's businesses clocked yet another year of strong 22% revenue growth resulting in the company crossing the impressive milestone of Rs 50,000+ crore of revenues for the full year. Our Analog Watch business continued its strong growth trajectory by product innovation led premiumization whilst moving in sync with the rising aspirations of the Indian consumer. The EyeCare business has returned to the double-digit growth trajectory in Q3 and Q4 of FY25 and is poised for even better growth in FY26. Within Emerging businesses, Fragrances has performed well for FY25 signifying growing acceptance of SKINN brand. Our International Business expansions are progressing well in North America and GCC regions. As we look forward to FY26, all businesses of Titan Company are focusing on market share expansion in their respective categories and catering to the changing needs of our consumers. Meanwhile, the company's board recommended a dividend of Rs 11 per equity share of Rs 1 each, which shall be paid on or after the seventh day from the conclusion of the 41st annual general meeting (AGM), subject to the approval of the shareholders. Titan Company is a joint venture between the Tata Group and the Tamilnadu Industrial Development Corporation (TIDCO). The company diversified into Jewellery (Tanishq) and subsequently into EyeCare segment.Powered by Capital Market - Live

Titan Company announced that the Board of Directors of the Company at its meeting held on 8 May 2025, inter alia, have recommended the final dividend of Rs 11 per equity Share (i.e. 1100%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Securities in F&O Ban: Central Depository Services (CDSL), RBL Bank, Manapurram Finance shares are banned from F&O trading on 9 May 2025. Upcoming Results: Dr Reddy's Laboratories, Eveready Industries, Manapurram Finance, Amines Chemicals, Bank of India, Cera Sanitaryware, ABB India, Relaxo Footwear, Reliance Power, Shyam Metalics and Energy, Swiggy, Thermax, Navine Flourine International, Motherson Sumi Wiring India, Cholamandalam Financial Holdings, Birla Corporation, India Shelter Finance Corporation, Intellect Design Arena, C.E. Info Systems, Jupiter Life Line Hospitals will declare their result later today. Stocks to Watch: Titan Company's consolidated net profit increased 13% to Rs 871 crore in Q4 FY25 as compared with Rs 771 crore in Q4 FY24. Net sales jumped 23.8% year on year to Rs 13,897 crore during the quarter ended 31st March 2025. Larsen & Toubro reported 25% jump in consolidated net profit to Rs 5,497.26 crore on 10.9% increase in net sales to Rs 74,392.28 crore in Q4 FY25 over Q4 FY24. Biocon's consolidated net profit surged 154.2% to Rs 344.50 crore in Q4 FY25 from Rs 135.50 crore posted in Q4 FY24. Net sales climbed 12.8% YoY to Rs 4,358.10 crore in Q4 FY25. Britannia Industries reported 4% increase in consolidated net profit to Rs 559.95 crore in Q4 FY25 as compared with Rs 538.28 crore in Q4 FY24. Net sales rose 9% YoY to Rs 4375.57 crore during the quarter ended 31st March 2025. Kalyan Jewellers India's consolidated net profit climbed 36.3% to Rs 187.61 crore on 36.6% increase in net sales to Rs 6,181.53 crore in Q4 FY25 over Q4 FY24. Zee Entertainment Enterprises' consolidated net profit soared to Rs 188.40 crore in Q4 FY25 as against Rs 13.40 crore posted in same quarter last year. Net sales rose marginally to Rs 2,184.10 crore in Q4 FY25 as compared with Rs 2,169.90 crore in Q4 FY24.Powered by Capital Market - Live

Net profit of Titan Company rose 12.97% to Rs 871.00 crore in the quarter ended March 2025 as against Rs 771.00 crore during the previous quarter ended March 2024. Sales rose 23.76% to Rs 13897.00 crore in the quarter ended March 2025 as against Rs 11229.00 crore during the previous quarter ended March 2024. For the full year,net profit declined 4.55% to Rs 3337.00 crore in the year ended March 2025 as against Rs 3496.00 crore during the previous year ended March 2024. Sales rose 22.23% to Rs 57143.00 crore in the year ended March 2025 as against Rs 46751.00 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales13897.0011229.00 24 57143.0046751.00 22 OPM %11.0610.61 -9.9611.32 - PBDT1401.001149.00 22 5228.005207.00 0 PBT1218.00991.00 23 4535.004623.00 -2 NP871.00771.00 13 3337.003496.00 -5 Powered by Capital Market - Live

The Board of Board Titan Company at its meeting held on 08 May 2025 has approved the appointment of Shalini Kapoor (DIN: 06742551) as an Additional Director designated as a Non-Executive Independent Director effective 9 May 2025. Powered by Capital Market - Live

 The Board of Directors of Titan Company at its meeting held on 08 May 2025 approved the succession plan for the Managing Director of the Company. C. K. Yenkataraman (Venkat), the current Managing Director, will retire from the services of the Company on 31 December 2025 on attaining the age of superannuation as per the Tata Group's retirement policy. Yenkat had joined Titan in the year 1990 and became the Managing Director on 01 October 2019. Ajoy Chawla (Ajoy), currently the Chief Executive Officer (CEO) of the Company's Jewellery Division, will succeed Venkat as the Managing Director with effect from 01 January 2026.Powered by Capital Market - Live

The key benchmark indices witnessed profit booking in afternoon trade, as Fed Chair Jerome Powell cautioned that persistent tariff hikes could slow growth and drive long-term inflation. Investor sentiment was also weighed down by rising Indo-Pak tensions. The Nifty slipped below the 24,400 level. Market volatility was heightened due to the weekly expiry of the Nifty F&O series today. Metal, pharma and realty shares witnessed selling pressure while media, private bank and IT stocks advanced. At 13:30 IST, the barometer index, the S&P BSE Sensex, shed 52.86 points or 0.07% to 80,693.92. The Nifty 50 index lost 52.30 points or 0.21% to 24,362.10. In the broader market, the S&P BSE Mid-Cap index fell 0.40% and the S&P BSE Small-Cap index jumped 0.67%. The market breadth was positive. On the BSE, 2,306 shares rose and 1,447 shares fell. A total of 150 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, fell 2.40% to 18.60. . Gainers & Losers: Titan Company (up 1.42%), Axis bank (up 1.40%), Trent (up 1.27%), HCL Technologies (up 1.26%) and Kotak Mahindra Bank (up 1.18%) were the major Nifty gainers. Eternal (down 3.76%), Tata Consumer Products (down 2.91%), Mahindra & Mahindra (down 2.59%), ONGC (down 2.27%) and Eicher Motors (down 2.08%) were the major nifty losers. Mahindra & Mahindra (M&M) slipped 2.59%. The company said that its total production jumped 20.26% to 85,925 units in the month of April 2025, compared with 71,445 units produced in the same period last year. Stocks in Spotlight: Coal India added rose 0.07% after the company's consolidated net profit jumped 12.04% to Rs 9,604.02 crore during the quarter as compared with Rs 8,572.14 crore posted in corresponding quarter last year. Revenue from operations increased 0.31% YoY to Rs 34,156.35 crore in Q4 FY25. Blue Star declined 2.97%. The company reported consolidated net profit stood at Rs 194 crore in Q4 FY25, recording growth of 21.47%, compared with Rs 159.71 crore posted in Q4 FY24. Revenue from operations increased by 20.77% to Rs 4,018.96 crore for the fourth quarter ended 31 March 2025, as against Rs 3,327.77 crore during the same period the previous year, Dabur India declined 2.80% after the company's consolidated net profit tumbled 8.34% to Rs 312.73 crore in Q4 FY25, compared with Rs 341.22 crore in Q4 FY24. Revenue from operations was at Rs 2,830.14 crore in the fourth quarter of FY25, marginally up 0.55% year on year. Symphony rallied 7.41% after the company's consolidated net profit jumped 64.58% to Rs 79 crore on 46.99% increase in revenue from operations to Rs 488 crore in Q4 FY25 over Q4 FY24. Sonata Software advanced 1.44% after the IT company's consolidated net profit rose 2% to Rs 107.5 crore in Q4 FY25 as compared with Rs 105 crore in Q3 FY25. Revenue from operations fell 7.94% QoQ to Rs 2,617.20 crore during the quarter ended 31st March 2025. United Breweries fell 1.55%. The company's consolidated net profit jumped 19.88% to Rs 97.76 crore in Q4 FY25, compared to Rs 81.55 crore posted in the corresponding quarter last year. Revenue from operations (excluding excise duty) rose 8.89% YoY to Rs 2,322.98 crore in the March 2025 quarter. Global Markets: The US Dow Jones index futures were currently up by 201 points, signaling a positive opening for US stocks today. Most of the European market avdanced on Thursday as traders digest a flurry of earnings and anticipate rate decisions from regional central banks and a potential U.K.-U.S. trade deal. On the corporate front, earnings are coming from Maersk, Siemens Energy, Heidelberg Materials, Henkel, Infineon, Lanxess, Puma, Rheinmetall, Bosch, Norwegian Air, Swisscom, Zurich Insurance, Adecco Group, InterContinental Hotels Group and Banco Sabadell. Monetary policy announcements are also due from Riksbank, Norges Bank and the Bank of England on Thursday, with the latter widely expected to cut interest rates. Most Asian markets advanced on Thursday after the U.S. Federal Reserve held interest rates steady, maintaining its benchmark overnight rate in the range of 4.25% to 4.5%, where it has remained since December. The move was widely anticipated by market participants. In a post-meeting press conference, Federal Reserve Chair Jerome Powell cautioned that the existing tariff increases could weigh on economic growth and contribute to higher long-term inflation if they remain in place. Investors are closely monitoring developments ahead of the upcoming U.S.-China trade talks. U.S. Treasury Secretary Scott Bessent is scheduled to meet his Chinese counterpart in Switzerland later this week to discuss trade and economic issues. U.S. equities closed higher on Wednesday, supported by gains in semiconductor stocks. The S&P 500 rose 0.4% to 5,631.27, the NASDAQ Composite gained 0.3% to 17,738.16, and the Dow Jones Industrial Average advanced 0.7% to 41,113.97. Markets responded to reports suggesting the Trump administration may reverse restrictions imposed during the Biden administration on the export of advanced artificial intelligence chips. These restrictions were originally intended to maintain U.S. leadership in AI technology and limit China's access to such products. A rollback could benefit U.S.-based chipmakers by enabling broader overseas sales. Shares of Nvidia rose 3.1% on the news, though the stock declined slightly in after-hours trading. U.S.-listed shares of TSMC gained 1.3% and were unchanged after hours. Intel ended the session up 1.9%. Separately, President Donald Trump announced via social media that he will hold a press conference on Thursday to unveil a 'major trade deal' with representatives of a 'big and highly respected country.' Media reports suggest the country involved is the United Kingdom, which has been engaged in ongoing trade negotiations with the U.S.Powered by Capital Market - Live

Titan Company will hold a meeting of the Board of Directors of the Company on 8 May 2025.Powered by Capital Market - Live

The company's consolidated retail network increased by 72 stores (net) in the quarter, taking its total to total retail network to 3,312 stores. During the Q4 FY25, the company's jewellery business jumped 24% YoY on the back of significant increase in gold prices. Both plain (gold) jewellery and coins increased 27% YoY and 65% YoY, respectively, led this growth, reflecting high consumer preference for gold (adornment cum store of value). Studded jewellery registered low double-digit value (YoY) growth for the quarter. Tanishq expanded its international network to the new markets of Sharjah in UAE and Atlanta & Seattle in USA. Of the 16 new store additions (net) in India, 4 stores were added in Tanishq and 12 stores were added in Mia. Watches domestic business recorded another quarter of strong 20% YoY growth. Titan, Fastrack and Sonata propelled analog watches growth to 18% YoY. Division added 41 new stores in the quarter, comprising of 20 stores in Titan World, 10 in Helios, and 11 in Fastrack respectively. Eyecare domestic business grew 18% YoY contributed well by revenue and buyers. E-commerce is a new growth driver for the segment and is favored by consumers for affordable fashion purchases like sunglasses. Titan Eye+ added two new stores in the UAE region, one each in Sharjah and Dubai. Division closed 11 stores (net) in India during the quarter. In Emerging Businesses, Fragrances grew 26% YoY, Fashion Accessories clocked 12% YoY growth and Taneira 's sales were lower by 4% YoY. 'IRTH' opened 4 new stores in Hyderabad, Pune, Noida & Mumbai. Taneira closed 1 store during the quarter. Caratlane registered 22% YoY growth, driven by healthy growth in the studded portfolio. The corresponding buyer growth was in mid-single-digits and L2L growth 11 % for this period. A total of 17 domestic stores (net) were added by Caratlane during the quarter. Titan Company is a joint venture between the Tata Group and the Tamilnadu Industrial Development Corporation (TIDCO). The company diversified into Jewellery (Tanishq) and subsequently into EyeCare segment. The company's consolidated net profit marginally declined to Rs 1,047 crore in Q3 FY25, down 0.6% from Rs 1,053 crore in Q3 FY24. Net sales jumped 25.7% YoY to Rs 17550 crore in Q3 FY25.Powered by Capital Market - Live

The key equity benchmarks traded sideways in afternoon trade as the Reserve Bank of India (RBI) began its three-day monetary policy meeting. Investors remain cautious, awaiting a widely anticipated rate cut aimed at boosting growth. With global trade uncertainties in the backdrop, all attention is focused on the RBI's decision, which is set to be announced on Friday. The Nifty traded marginally above the 23,750 mark. Media, metal and oil & gas shares advanced while realty and FMCG stocks declined. At 13:25 IST, the barometer index, the S&P BSE Sensex, declined 140.22 points or 0.18% to 78,440.82. The Nifty 50 index advanced 13.05 points or 0.05% to 23,752.30. The broader market outperformed the headline indices. The S&P BSE Mid-Cap index rose 1.04% and the S&P BSE Small-Cap index added 1.51%. The market breadth was strong. On the BSE, 2,586 shares rose and 1,270 shares fell. A total of 149 shares were unchanged. Economy: In January, the seasonally adjusted HSBC India Services PMI Business Activity Index stood at 56.5, indicating a sharp rate of expansion in business activity compared to the previous month. However, the headline figure declined from 59.3 in December to its lowest level since November 2022. This drop suggests a slowdown in the pace of growth within the sector. India's private sector economy lost some growth momentum in January, as a quicker increase in factory production was more than offset by a softer expansion in service activity. The HSBC India Composite Output Index dropped from 59.2 in December to a 14-month low of 57.7. Despite the decline, the latest figure remained above the long-run series average, indicating that the economy is still experiencing a robust upturn. Pranjul Bhandari, Chief India Economist at HSBC, commented, India's services sector lost growth momentum in January, although the PMI remained well above the 50-breakeven level. The business activity and new business PMI indices eased to their lowest levels since November 2022 and November 2023, respectively. That said, new export business partly countered the downtrend and continued to rebound from a dip in late-2024, in line with official data which showed India's services exports shining in December and capturing a larger share of global trade. Gainers & Losers: Apollo Hospital Enterprises (up 2.91%), Hindalco Industries (up 2.54%), Bharat Electronics (up 2.43%), Bharat Petroleum Corporation (BPCL) (up 2.23%) and ITC Hotels (up 2.14%) were the major Nifty 50 gainers. Asian Paints (down 2.95%), Nestle India (down 2.46%), Titan Company (down 2.44%), ITC (down 1.36%) and Cipla (down 1.14%) were the major Nifty 50 losers. Titan Company slipped 2.44% after the company reported 4.80% decline in standalone net profit to Rs 990 crore in Q3 FY25 as against Rs 1,040 crore posted in Q3 FY24. However, revenue from operations jumped 24.32% year on year (YoY) to Rs 16,053 crore in the quarter ended 31 December 2024. Stocks in Spotlight: Tata Power Company added 1.62% after the company's consolidated net profit rose 8.2% YoY to Rs 1,030.70 crore in the quarter ended 31st December 2024. Net sales increased 5.1% to Rs 15,391.06 crore in Q3 FY25 as compared with Rs 14,651 crore in Q3 FY24. PC Jeweller rallied 4.94% after the company reported consolidated net profit of Rs 147.96 crore in Q3 FY25 compared with net loss of Rs 197.98 crore in Q3 FY24. Revenue from operations surged to Rs 639.45 crore in Q3 FY25 as compared with Rs 40.06 crore in Q3 FY24. Angel One rallied 7.56% after the stockbroker's client base jumped 47.5% to 30.13 million in January 2025 as compared with 20.43 million in January 2024. Force Motors jumped 6.22% after the company's total sales jumped 20.34% to 3,597 units in January 2025 compared with 2,989 units sold in January 2024. Info Edge (India) advanced 3.14% after the company announced that its board has approved 5-for-1 stock split. Global Market: European market declined as investors awaited earnings reports from several key companies including Handelsbanken, TotalEnergies, Akzo Nobel, Credit Agricole, Novo Nordisk, GSK, Vestas Wind and Banco Santander, among others. On the data front, the latest purchasing managers' index data from the euro zone will be released on Wednesday Asian stocks traded mixed on Wednesday after Wall Street rose overnight, shrugging off Trump tariffs and China's retaliatory measures. US President Donald Trump extended the proposed 25% import duties on Canada and Mexico by 30 days but remained firm on China, allowing his 10% tariffs on Chinese goods to take effect on Tuesday. In response, Beijing hit back with a 15% tariff on US coal and liquefied natural gas imports, along with an additional 10% duty on crude oil, agricultural equipment, and automobiles, effective February 10. China's commerce ministry also imposed export controls on rare earths and exotic materials, where the country dominates global supply. The restricted materials include tungsten, tellurium, ruthenium, and molybdenum. The Caixin/S&P Global Services purchasing managers' index (PMI) slipped to 51.0 from 52.2 in December but remained above the 50-mark that separates expansion from contraction on a monthly basis. Despite trade tensions, US markets rebounded on Tuesday, recovering from steep losses on Monday. The S&P 500 climbed 0.7%, the NASDAQ Composite jumped 1.4%, and the Dow Jones Industrial Average edged up 0.3%. However, Alphabet's Class A shares tumbled 7.4% in aftermarket trading after the company's fourth-quarter revenue fell short of expectations, particularly due to weak earnings from its cloud division, which is closely linked to AI.Powered by Capital Market - Live