More about Titan Company Limited
Fundamentals for Titan Company Limited
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Fundamentals for Titan Company Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Luxury Goods
Titan Company Limited, together with its subsidiaries, manufactures and sells watches, jewelry, eyewear, and other accessories and products in India and internationally. It operates through four segments: Watches and Wearables, Jewellery, Eyecare, and Others. The company designs, manufactures, and retails watches and wearables under the Nebula by Titan, Xylys, Edge by Titan, Raga by Titan, Titan, Fastrack, Vyb by Fastrack, Sonata, POZE Sonata, ZOOP by Titan, Titan Clocks, Octane Titan, Fastrack Smart, Titan Smart, SF, Titan World, and Helios brands; jewelry products under the Mia by Tanishq, CaratLane, Tanishq, and Zoya brand names; and eyecare products under the Titan EyePlus and Fastrack Eyecare brands. It also offers sarees, dress materials, and ready-to-wear kurtas under the Taneira brand; perfumes under the SKINN by Titan brand name; belts and wallets under the TITAN brand; and bags under the Fastrack and IRTH brand names. In addition, it provides manufacturing services and automation solutions for aerospace, defense, transportation, electrical and electronics, and medical sectors. It offers its products through owned and franchised retail stores, as well as online. The company was formerly known as Titan Industries Limited and changed its name to Titan Company Limited in August 2013. Titan Company Limited was incorporated in 1984 and is based in Bengaluru, India.
Revenue projections:
TITAN is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
| currentRatio | 1.276000 |
|---|---|
| forwardPE | 48.202892 |
| debtToEquity | 195.001000 |
| earningsGrowth | 0.351000 |
| revenueGrowth | 0.805000 |
| grossMargins | 0.197260 |
| operatingMargins | 0.062820 |
| trailingEps | 57.070000 |
| forwardEps | 85.843390 |
TITAN's current ratio of 1.276 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. TITAN's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities.
TITAN's high debt-to-equity ratio indicates a strong reliance on debt, meaning the company is heavily leveraged. This could increase financial risks if cash flow or earnings decline, making it more difficult for TITAN to manage its debt obligations.
Positive earnings and revenue growth for TITAN suggest that the company is positioned for business expansion. The company's strong financial performance indicates sustained growth, as increasing sales and profits fuel its future success.
Titan Company Limited's forward EPS exceeding its trailing EPS reflects expectations of increased profitability for the current year. This suggests that the company is projected to achieve higher earnings than in the previous financial year, signaling positive growth and improved financial health.
Price projections:
TITAN's price has often been near the lower end of the projected range. This ongoing trend suggests that investor confidence might be waning, and the stock could face challenges in gaining upward momentum.
Recommendation changes over time:
Analysts have maintained a buy bias for Titan Company Limited, which could prompt investors to consider the stock as a viable investment. With this positive outlook, Titan Company Limited is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.
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