Titan Company Ltd.
Consumer Goods · NSE
52-week range
₹3,236 – ₹4,605
From 52w high
-2.1%
RSI (14)
60.4
vs SMA 50 / 200
↑ 50 · ↑ 200
Titan Company (4509) trades above both its 50-DMA (4276) and 200-DMA (3899), up 37.1% over 12 months and just 2.1% below its 52-week high. The trailing PE of 78.9 reflects elevated growth expectations; Q4 FY26 net profit rose 35.4% YoY to 1179 crore, with ROE of 37.1% leading the Consumer Goods peer group. Debt-to-equity stands at 195.0, a figure common in Ind AS 116 lease-heavy retail formats but materially above typical consumer goods medians.
- ✓ROE of 37.1% ranks 1st among the 6 Consumer Goods peers tracked, demonstrating the highest return on shareholder equity in this comparison set.
- ✓Price is above both the 50-DMA (4276) and 200-DMA (3899), with a 12-month gain of 37.1% and only a 2.1% drawdown from the 52-week high, reflecting sustained price strength relative to recent history.
- ✓Q4 FY26 net profit of 1179 crore represented a 35.4% YoY increase, consistent with the 5-year earnings growth rate of 35.1%, indicating earnings trajectory has been sustained into the most recent quarter.
- ✓Forward PE of 53.3 versus trailing PE of 78.9 implies consensus expects significant earnings acceleration — a compression of roughly 32% in valuation multiple if growth estimates materialise.
- ✗Debt-to-equity of 195.0 is exceptionally high for the Consumer Goods sector; even under Ind AS 116 lease capitalisation, the absolute level requires close examination of interest coverage and net debt obligations relative to operating cash flow.
- ✗Quality score of 34 ranks TITAN 5th of 6 in its peer cohort — the lowest in the comparison set — despite leading on ROE, suggesting the scoring methodology is penalising the margin profile (5.79% profit margin) and debt structure.
- ✗Profit margin of 5.79% is thin relative to the premium valuation commanded; at a trailing PE of 78.9, any margin compression scenario — such as higher gold hedging costs, discounting pressure, or slower wedding-season demand — would be directly amplified in earnings impact.
- ✗FCF was positive in only 3 of the tracked years, with debt on a rising trend; revenue growth of 80.5% over 5 years outpacing earnings growth of 35.1% over the same period points to margin dilution as the business scaled.
- ·Q4 FY26 results (reported 8 May 2026) showed net profit up 35.4% YoY to 1179 crore; the jewellery segment was cited in coverage as the primary revenue contributor, consistent with the segment historically accounting for the bulk of consolidated revenue.
- ·Mean analyst rating of 1.82 across 35 analysts (1-5 scale, lower = more constructive), based on data available at time of analysis.
- ·News flow over the tracked window (8 articles) is predominantly neutral; no negative sentiment items appeared, and the single positive item relates to the Q4 profit growth headline — suggesting results were in line with or slightly above expectations without generating broad positive re-rating commentary.
- ?Does the D/E of 195.0 represent lease-driven obligations under Ind AS 116, and if so, what is the net financial debt and interest coverage ratio on an ex-lease basis?
- ?The quality score of 34 ranks TITAN last among peers despite the highest ROE in the group — which specific components of quality scoring (margin, leverage, FCF consistency) are driving this divergence, and are they structural or cyclical?
- ?At a forward PE of 53.3, what revenue and margin assumptions are embedded in consensus estimates, and how sensitive is the implied valuation to a 100-200 bps margin contraction in the jewellery segment?
- ?How has Titan's jewellery market-share trajectory evolved over the last 3 years, and does the 5-year revenue CAGR of approximately 12.5% (implied by 80.5% cumulative growth) reflect organic demand or acquisitions and new store additions?
PE
78.9
Forward PE
53.3
ROE
+37.1%
Profit margin
+5.8%
D/E
195.00
Dividend yield
+0.2%
Quality score
34/100
ROE 5y above 15%
4/5 yrs
FCF 5y positive
3/5 yrs
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.Analysis generated 10 May 2026.