Titan Company Ltd.
NSE: TITANTitan Company Ltd.: A 30-second snapshot
Titan Company (₹4,231) posted FY26 revenue of ₹76,078 crore and Q4 FY26 net profit growth of 35% YoY, with a 1-year price gain of 20.37% and the stock currently above its 200-DMA (₹3,965) but marginally below its 50-DMA (₹4,246). ROE stands at 37.13%, the highest among tracked Consumer Goods peers, while a trailing PE of 74.58 and a reported debt-to-equity of 195.0 represent the two most prominent structural considerations for the business.
P/E
74.6
Forward P/E
49.6
ROE
+37.1%
Debt / Equity
195.00
Profit Margin
+5.8%
Div. Yield
+0.3%
5Y ROE > 15%
4/5
5Y FCF > 0
3/5
Quality
60/100
News
8 headlines · 5 positive · 0 negative
Titan FY26 Revenue Crosses ₹76,078 Cr; Analysts Bullish on Gold Import Duty Tailwinds - scanx.trade
scanx.trade
Revenue Beat: Titan Company Limited Exceeded Revenue Forecasts By 11% And Analysts Are Updating Their Estimates - simplywall.st
simplywall.st
Titan Q4 Results: Net profit jumps 35% YoY to Rs 1,179 crore, stock soars 6%; dividend declared - Moneycontrol.com
Moneycontrol.com
Titan crosses ₹75,000 crore revenue in FY26 on robust jewellery demand - India Retailing
India Retailing
Titan Company climbs after Q4 PAT rises 35% YoY to Rs 1,179 cr - Business Standard
Business Standard
Recent context
- ·Titan reported Q4 FY26 net profit of ₹1,179 crore, a 35% increase year-on-year, and FY26 total revenue crossed ₹76,078 crore — revenue came in approximately 11% above consensus forecasts per media reports.
- ·Recent news flow has cited gold import duty reduction as a potential structural tailwind for jewellery segment demand, which accounts for the large majority of Titan revenues.
- ·News sentiment across 8 tracked articles was 5 positive and 0 negative in the analysis window; the stock rose approximately 6% on the Q4 results day per Business Standard reporting.
Strengths
- +ROE of 37.13% ranks 1st of 6 tracked Consumer Goods peers (ASIANPAINT 20.89%, TRENT 27.13%, INDHOTEL 16.43%), reflecting durable capital efficiency over the medium term.
- +Five-year revenue growth of 80.5% and earnings growth of 35.1% indicate sustained top-line expansion across jewellery, watches, CaratLane, and eyewear divisions.
- +Price is up 20.37% over 12 months, above the 200-DMA (₹3,965) by approximately 6.7%, and RSI of 53.82 sits in neutral territory — no extreme overbought reading.
- +Analyst coverage of 37 analysts with a mean rating of 1.81 on a 1–5 scale (lower = more constructive) represents one of the broader coverage cohorts among NSE large-caps.
Weaknesses
- −Reported debt-to-equity of 195.0 is atypically high for a Consumer Goods company; even adjusting for Ind AS 116 lease liabilities, the debt trend is classified as rising, and FCF has been positive in only 3 of tracked years.
- −Trailing PE of 74.58 against a 5.79% profit margin concentrates valuation risk on continued high earnings growth; forward PE of 49.63 still implies elevated growth assumptions priced into the stock.
- −Composite quality score of 34/100 ranks 5th of 6 Consumer Goods peers despite the highest ROE — the methodology penalises thin margins and FCF inconsistency, consistent with a capital-intensive retail expansion model.
- −Five-year earnings growth of 35.1% has lagged 5-year revenue growth of 80.5%, pointing to ongoing margin dilution as the business scales new formats and geographies.
Open questions
- ?Does Titan's reported D/E of 195.0 primarily reflect Ind AS 116 lease obligations from store expansion, or is there a meaningful component of financial debt — and what does the interest coverage ratio look like at current EBIT levels?
- ?Has the gap between 5-year revenue growth (80.5%) and earnings growth (35.1%) stabilised or widened in the most recent fiscal year, and which segment is the primary driver of margin compression?
- ?At a trailing PE of 74.58 and a profit margin of 5.79%, what level of sustained earnings growth is embedded in the current price, and how does Titan's historical earnings-per-share trajectory compare with that implied rate?
- ?The composite quality score of 34 ranks 5th of 6 despite the highest ROE in the peer group — does the scoring weight applied to FCF consistency and leverage reflect the jewellery retail business model, or does it create a structural undercount of quality for asset-light brand businesses?
Peer comparison: Consumer Goods
Ranks 6 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| TITAN | Titan Company Ltd.You're viewing | 74.6 | +37.1% | 34 |
| Industry avg | across 5 peers | 70.4 | +15.7% | 49 |
| INDHOTEL | Indian Hotels Co. Ltd. | 45.0 | +16.4% | 60 |
| ASIANPAINT | Asian Paints Ltd. | 59.7 | +20.9% | 58 |
| TRENT | Trent Ltd. | 85.8 | +27.1% | 49 |
| ETERNAL | Eternal Ltd. | — | +1.2% | 41 |
| DMART | Avenue Supermarts Ltd. | 91.0 | +12.9% | 37 |
Technical state
Current price
₹4,231.00
SMA 50
₹4,245.62
SMA 200
₹3,965.44
RSI (14)
53.8 (neutral)
From 52w high
-8.1%
1Y return
+20.4%
3M return
+0.6%
50-DMA
Below
200-DMA
Above
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highDebt-to-equity of 195.0 is exceptionally elevated for a Consumer Goods company. Even allowing for Ind AS 116 lease capitalisation common in retail-heavy businesses, this level warrants examination of net debt composition, interest coverage, and the sustainability of ongoing store-expansion financing at this leverage ratio.
- mediumTrailing PE of 74.58 against a net profit margin of 5.79% implies the current price of ₹4,231 embeds substantial forward growth expectations. Forward PE of 49.63 compresses the multiple only partially; analyst growth assumptions appear largely priced in at prevailing levels.
- mediumComposite quality score of 34/100 ranks TITAN 5th of 6 in the Consumer Goods peer cohort despite holding the highest ROE in the group (37.13%, ranked 1st of 6). The score is penalised by thin profit margin (5.79%), FCF inconsistency (positive in 3 of tracked years), and elevated leverage — dimensions where TRENT (quality 49) and INDHOTEL (quality 60) score ahead.
- lowFCF was positive in only 3 of tracked years and the debt trend is rising. Five-year revenue growth of 80.5% has outpaced 5-year earnings growth of 35.1%, indicating margin dilution at scale as Titan expands across jewellery, CaratLane, watches, and international segments.
Cross-section contradictions
- ROE of 37.13% is the highest among the 6 Consumer Goods peers (ranked 1st of 6), yet the composite quality score of 34 places TITAN 5th of 6 — the divergence reflects the scoring methodology weighting margin depth, FCF consistency, and leverage more heavily than return on equity alone.
- Stock is up 20.37% over 12 months and trades above the 200-DMA (₹3,965), yet the 3-month gain is just 0.63% and price sits marginally below the 50-DMA (₹4,246) with RSI at 53.82 — the longer-term trend and near-term momentum point in opposite directions.
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.
Fundamentals & technicals: refreshed 8 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 6 Jun 2026 · rotates through NIFTY 500 every ~5 days