Titan CompanyNSE: TITANBSE: 500114Consumer Durables · Gems Jewellery And Watches

₹4,875.2025.20 (0.52%)

Mkt Cap: ₹4.33 L Cr.
P/E (TTM): 84.85
Open: ₹4,850.00
Day's Range: ₹4,820.90 – ₹4,886.00
52W Range: ₹3,303.10 – ₹4,869.90
Div Yield: 0.31%
EPS (TTM): ₹57.23
Book Value: ₹176.88

Titan Company Financial Statements

Name: Titan Company Financials — historical data
Creator: StockeZee

For Mar 2026, Titan Company reported revenue of ₹87,584 crore and net profit of ₹5,073 crore. Return on equity stands at 37.70%. Profit & loss, balance sheet and cash flow across 9 reported years are below.

Updated 31 Jul 2026Source: NSE & BSE company filingsNifty 50 constituent

Latest year revenue: ₹87,584 Cr
EBITDA: ₹8,355 Cr
Operating margin: 9.54%
Profit after tax: ₹5,073 Cr
Net margin: 5.79%
EPS: ₹57.14
Latest year: Mar 2026
Years reported: 9

Titan Company profit & loss

Reported annual performance for Titan Company, oldest to newest. Figures in ₹ crore unless a row states otherwise.

Titan Company annual profit and loss statement. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue from Operations	16,156	19,779	21,052	21,644	28,799	40,575	51,084	60,456	87,584
Sales Growth YoY %	—	22.42%	6.44%	2.81%	33.06%	40.89%	25.9%	18.35%	44.87%
Other Income	89	183	153	186	234	308	533	486	552
Total Income	16,245	19,961	21,205	21,830	29,032	40,883	51,617	60,942	88,136
Cost of Goods Sold (COGS)	11,686	14,394	15,155	16,414	21,641	30,355	39,432	47,456	70,307
Cost of Materials Consumed	10,453	12,231	13,042	13,713	22,108	26,891	36,104	47,708	69,212
Purchases of Stock-in-Trade	2,212	2,940	2,991	2,579	4,328	5,698	5,999	7,563	11,031
Changes in Inventories	-979	-776	-878	122	-4,795	-2,234	-2,671	-7,815	-9,936
Gross Profit	4,470	5,384	5,896	5,230	7,157	10,220	11,652	13,000	17,277
Gross Margin %	27.67%	27.22%	28.01%	24.16%	24.85%	25.19%	22.81%	21.5%	19.73%
Total Operating Expenses	2,825	3,393	3,430	3,506	3,816	5,341	6,360	7,306	8,922
Employee Benefit Expense	885	1,019	1,199	1,065	1,349	1,647	1,864	2,156	2,681
Other Expenses	1,940	2,374	2,230	2,441	2,467	3,694	4,496	5,150	6,241
EBITDA	1,645	1,991	2,467	1,725	3,341	4,879	5,292	5,694	8,355
OPM %	10.18%	10.07%	11.72%	7.97%	11.6%	12.02%	10.36%	9.42%	9.54%
Total Non-Operating Expenses	168	215	514	578	563	741	1,203	1,646	1,905
Depreciation & Amortisation	131	163	348	375	399	441	584	693	826
Finance Costs	53	53	166	203	218	300	619	953	1,180
Exceptional Items (Before Tax)	-17	0	0	0	-54	0	0	0	-101
Profit Before Tax (PBT)	1,533	1,959	2,106	1,332	2,903	4,446	4,622	4,534	6,800
Tax Expense	428	568	609	353	706	1,173	1,127	1,198	1,728
Current Tax	450	615	570	360	786	1,147	1,101	1,183	1,740
Deferred Tax	-22	-47	39	-7	-80	26	26	15	-12
Effective Tax %	27.92%	29.01%	28.92%	26.51%	24.33%	26.38%	24.38%	26.42%	25.41%
Total Profit for Period	1,102	1,389	1,493	979	2,197	3,274	3,496	3,337	5,073
Less: Non-controlling Interests	-28	-16	-9	1	25	24	0	0	0
Net Profit (Owner's PAT)	1,130	1,404	1,501	979	2,172	3,250	3,496	3,337	5,073
Net Profit Margin %	6.99%	7.1%	7.13%	4.52%	7.54%	8.01%	6.84%	5.52%	5.79%
PAT Growth YoY %	—	24.25%	6.93%	-34.82%	121.96%	49.64%	7.58%	-4.56%	52.02%
Earnings Per Share (EPS)	₹12.73	₹15.82	₹16.91	₹11.02	₹24.46	₹36.61	₹39.38	₹37.59	₹57.14
Diluted Shares Outstanding (Cr.)	89	89	89	89	89	89	89	89	89
Profit/Loss from Associates	-3	-2	-4	0	0	1	1	1	1
Other Comprehensive Income (Net of Tax)	2	12	-234	209	-12	-39	-63	-136	-96
Expenses	14,712	18,002	19,099	20,498	26,129	36,437	46,995	56,408	81,336
Material Cost %	64.7%	61.84%	61.95%	63.36%	76.77%	66.27%	70.68%	78.91%	79.02%
Employee Cost %	5.48%	5.15%	5.7%	4.92%	4.68%	4.06%	3.65%	3.57%	3.06%
Other Cost %	12.01%	12%	10.6%	11.28%	8.57%	9.1%	8.8%	8.52%	7.13%
Interest Coverage (x)	28.6	34.8	12.75	6.65	13.49	14.79	7.61	5.25	6.38

Titan Company revenue and profit trend

Reported annual revenue and net profit, oldest to newest. Two panels because the two measures live on different scales — one shared axis would distort both.

Titan Company balance sheet

Assets, liabilities and shareholders' equity as reported, in Schedule III order. Figures in ₹ crore unless a row states otherwise.

Titan Company annual balance sheet with assets, liabilities and equity. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Total Equity	6,084	6,673	7,501	9,333	11,904	9,393	11,624	15,703
Equity Share Capital	89	89	89	89	89	89	89	89
Reserves & Surplus	5,981	6,580	7,408	9,214	11,762	9,304	11,535	15,614
Equity Method Investments	—	—	—	—	—	—	—	152
Total Equity	6,084	6,673	7,501	9,333	11,904	9,393	11,624	15,703
Non-Current Liabilities	169	1,250	1,236	1,350	1,855	5,628	3,230	5,065
Long-term Borrowings	32	17	9	2	—	3,302	595	93
Deferred Tax Liabilities	5	6	8	6	3	3	2	—
Non-Current Provisions	131	166	156	198	240	274	299	375
Other Non-Current Liabilities	—	—	1	1	1,608	2,041	2,328	2,721
Non-Current Financial Liabilities	33	1,078	1,070	1,145	4	3,310	601	1,969
Current Liabilities	5,462	5,627	7,715	10,511	13,264	16,528	25,793	39,793
Short-term Borrowings	2,353	706	156	516	2,195	4,536	9,691	11,285
Trade Payables	906	1,585	5,196	5,398	6,513	6,751	1,963	18,934
Current Financial Liabilities	3,497	3,293	5,591	7,868	9,276	12,274	12,984	32,749
Other Current Financial Liabilities	238	1,002	239	1,955	568	987	1,330	2,530
Other Current Liabilities	1,890	2,206	2,014	2,523	3,783	4,092	12,614	6,694
Current Provisions	65	120	30	38	132	100	155	327
Liabilities Held for Sale	—	—	—	—	—	1	—	—
Current Tax Liabilities	10	9	80	82	73	62	40	23
Total Liabilities	5,631	6,877	8,951	11,861	15,119	22,157	29,023	44,858
Total Non-Current Assets	2,128	3,429	3,255	3,740	4,616	5,942	6,213	9,780
Property, Plant & Equipment (PPE)	1,182	1,285	1,216	1,218	1,343	1,737	1,854	2,684
Capital Work-in-Progress	29	12	19	69	133	88	93	135
Intangible Assets	237	1,201	243	229	246	1,848	310	1,105
Investment Property	24	24	24	1	1	1	1	136
Non-Current Investments	39	44	19	279	351	679	651	1,105
Loans – Non-Current	129	144	158	42	54	72	62	66
Other Non-Current Assets	157	79	86	84	316	410	2,069	2,456
Non-Current Financial Assets	176	540	388	703	1,000	1,539	1,581	2,153
Net Fixed Assets	1,449	2,498	1,478	1,516	1,722	3,673	2,257	3,924
Total Current Assets	9,587	10,120	13,197	17,454	22,407	25,590	34,434	50,781
Inventories	7,039	8,103	8,408	13,609	16,584	19,051	28,184	42,743
Trade Receivables	420	312	366	565	674	1,018	1,068	916
Cash & Cash Equivalents	430	75	181	219	232	409	407	873
Current Investments	69	114	2,805	15	2,164	1,666	1,337	2,249
Loans – Current	247	56	109	423	135	281	44	51
Current Financial Assets	1,902	1,321	4,037	2,867	4,517	4,818	4,293	5,805
Other Current Assets	647	696	752	978	18	1,721	1,957	2,233
Other Current Financial Assets	99	459	197	291	201	327	260	672
Assets Held for Sale	—	—	—	—	—	18	—	—
Current Tax Assets	—	—	—	—	1,288	—	—	—
Net Working Capital	4,125	4,494	5,482	6,943	9,143	9,062	8,641	10,988
Additional Asset Fields	210	163	231	1,327	211	187	170	173
Def Tax Assets	196	159	226	325	158	187	170	173
Non Bearer Bio Assets	—	—	—	973	—	—	—	—
Non Controlling Int	14	4	5	30	53	0	—	—
Total Assets	11,715	13,550	16,452	21,194	27,023	31,550	40,647	60,561
Total Borrowings	2,385	723	164	518	2,195	7,838	10,286	11,378
Net Debt	1,955	647	-16	299	1,963	7,429	9,879	10,505
Debt to Equity (x)	0.39	0.11	0.02	0.06	0.18	0.83	0.88	0.72
Current Ratio (x)	1.76	1.8	1.71	1.66	1.69	1.55	1.34	1.28

Titan Company cash flow statement

Cash generated and used across operating, investing and financing activities. Figures in ₹ crore unless a row states otherwise.

Titan Company annual cash flow statement across operating, investing and financing activities. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Net Cash from Operating Activities	-724	1,370	1,759	-548	5,590
Profit Before Tax	2,903	4,446	4,622	4,534	6,800
Depreciation & Amortisation	399	441	584	693	826
Finance Costs	218	300	619	953	1,180
Working Capital Changes	-3,227	-2,413	-2,472	-5,205	-1,120
Tax Paid	-802	-1,154	-1,173	-1,090	-1,737
Net Cash from Investing Activities	1,164	-1,811	-253	551	-2,934
Purchase of PPE	-224	-432	-691	-494	-902
Sale of Fixed Assets	8	12	20	24	25
Interest Received	56	143	249	288	227
Net Cash from Financing Activities	-403	457	-1,329	7	-2,159
Proceeds from Borrowings	349	1,684	5,629	2,599	3,314
Repayment of Borrowings	-7	-7	0	-378	-2,632
Interest Paid	-218	-300	-619	-538	-1,000
Dividend Paid	-355	-666	-888	-976	-976
Buyback / Redemption of Shares	0	0	-236	-6	0
Lease Liabilities Paid	-172	-254	0	-700	-865
Net Change in Cash	38	13	177	10	466
Effect of Foreign Exchange Changes	1	-3	0	0	-31
Free Cash Flow	-948	938	1,068	-1,042	4,688
CFO / PBT (x)	-0.25	0.31	0.38	-0.12	0.82

Titan Company key ratios

Valuation, profitability, return, leverage and per-share measures computed from reported statements — not from adjusted or normalised earnings.

Titan Company trades at a P/E of 84.85× against a sector median of 72.50× — a 17% premium. Sector comparisons can mislead for conglomerates with mixed business lines.

Titan Company valuation, profitability, return and leverage ratios
Ratio	Category	Value
P/E (TTM)	Valuation	84.85
Forward P/E	Valuation	51.16
P/B	Valuation	27.41
PEG (TTM)	Valuation	4.79
EV / EBITDA (TTM)	Valuation	48.94
P/S (TTM)	Valuation	4.91
Operating margin	Profitability	9.54%
Net margin (TTM)	Profitability	6.5%
Return on equity	Return ratios	37.7%
Return on capital employed	Return ratios	20.5%
Return on assets	Return ratios	9.3%
Debt to equity	Leverage & liquidity	1.95
Beta	Leverage & liquidity	0.84
EPS (TTM)	Per share	₹57.23
Book value	Per share	₹176.88
Revenue / share (TTM)	Per share	₹836.86
Cash flow / share	Per share	₹63.02
Dividend yield	Shareholder returns	0.31%
Dividend payout (TTM)	Shareholder returns	19.19%

How this is calculated

Statements are as filed with the exchanges. Consolidated figures are shown where reported. Figures are in rupees crore unless the table states otherwise. Ratios are computed from the same reported statements, not from adjusted or normalised earnings.

Index membership reflects the Nifty 100 as published by NSE Indices, effective 2026-03-30.

Titan Company: frequently asked questions

What is Titan Company's annual revenue?

Titan Company reported revenue of ₹87,584 crore in Mar 2026, up 44.9% on the previous financial year.

Is Titan Company profitable?

Titan Company reported a net profit of ₹5,073 crore in Mar 2026, up 52.0% on the previous financial year.

What is Titan Company's EPS?

Titan Company reported earnings per share of ₹57.14 for Mar 2026.

What is Titan Company's operating margin?

Titan Company's operating margin for Mar 2026 was 9.54%.

What is Titan Company's return on equity?

Titan Company's return on equity stands at 37.70%. ROE measures profit generated per rupee of shareholder equity.

How many years of Titan Company financials are shown?

9 reported financial years are tabulated on this page, the most recent being Mar 2026.

Are these figures consolidated or standalone?

Consolidated figures are shown wherever the company reports them, and standalone otherwise. The basis in use is labelled on the statement table.

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Disclaimer

The data, ratios and commentary about Titan Company Ltd (TITAN) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.