Titan Company Limited
9,877words
8turns
0analyst exchanges
0executives
Key numbers — 40 extracted
10%
₹15,000
1 Lakh
₹1 lakh
20%
INR 1
INR 4.6
INR 40
INR 86
Rs. 74,20,393
Rs 5.7
Rs 6
Guidance — 11 items
Our DNA
opening
“UCP - ₹1,452 Cr NSV - ₹898 Cr Double-digit 14% F Y 2 6 G R O S S R E V E N U E G R O W T H 5% 10% FY24 FY25 FY26 840 + 7 318 S T O R E S / U A E T O W N S C O V E R E D Network revamp & omni play 81 N P S FY26 GUCP grew 14% vs an estimated industry growth 7-8%.”
Our DNA
opening
“F Y 2 6 F Y 3 0 ₹1,452 Cr 2.5× U C P ₹3,500 Cr T A R G E T U C P A M B I T I O N O U R A M B I T I O N Growth Engines to deliver 2.5X growth @ 3500CR 0 1 0 2 0 3 0 4 0 5 Rising Vision Care Creating Access Product Innovation & Partnerships Building Desire Expanding the Playing Field FY26 • ₹1,452 Cr FY30 • ₹3,500 Cr ENGINES 01-03 set demand, access, and product foundation.”
Our DNA
opening
“3.4% CAGR (2011–23) — growth of India's 45+ population, the preferred progressive destination Precision Eye Testing Digital, Contactless 20-step error-free process AI-led measurement Affordable Progressives 30-Day Adaptation Accessible pricing Comfort warranty Progressives demand precision and expertise.”
Our DNA
opening
“~40% 70M - 80M of India's GDP from top 50 cities Est buyers concentrated here W H Y T H E S E 5 0 C I T I E S Income concentration Awareness & Access Talent & supply chain access Formalisation headway S T O R E F O R M A T 3 Format Approach to address varying consumer needs All Titan Eye+ stores will be aligned to these three formats — a consistent look and feel across the network.”
Our DNA
opening
“Premiumisation & ASP Lift + New Categories + ₹3,500 Cr FY30 Target Same-store growth + New Stores + ₹1,452 Cr FY26 Base Size of growth lever doesn't correspond to specific value M A N U F A C T U R I N G A D V A N T A G E Fully Integrated — Frame, Lens & Fitting facilities End-to-end in-house capability — from raw material to ready-to-wear, made in India.”
Iconic In-house collections
opening
“Our Consumer Voice & Agency, Meaning & Self Expression From Participation To Owning her Narrative Beyond “Value” To Meaning, Aspiration, Self Expression From Big Occasions To Everyday Little Indulgences Our Brands Special Occasions Mass Luxury Every Day TMZ : Consistent & Sustained Growth… Jewellery Total Income (₹ crores) Revenue CAGR 3Y: 24%”
Buyers CAGR
opening
“3Y: 7% 70,0 00 60,0 00 50,0 00 40,0 00 30,0 00 20,0 00 10,0 00 - FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Gold Studded Coins & Gaining Share amidst growing competitive intensity Year Market Size Mkt Share % FY19 ~₹350k cr.”
Buyers CAGR
opening
“GCC + SG + 4Mn+ Indian Diaspora [UAE heavy] + Large base of “Value Seekers”, “investment buyers” + Growing numbers of professionals, white-collar PIOs + 2Mn+ Tourists - - Very High Competitive Intensity + Brand Tanishq + 20 Stores - UAE, Oman, Qatar, Sing, Kuwait + Good presence in UAE, Stronger now with Damas International North America ₹3,000+cr (UCP) & PBT Positive in FY26 T A N I S H Q I N T E R N A T I O N A L SINGAPORE.”
Buyers CAGR
opening
“76,078 229 FY84 FY87 FY96 FY98 FY03 FY07 FY08 FY09 FY11 FY13 FY16 FY17 FY22 FY26 Revenue (₹ Cr), excluding bullion sales We are in a Changing World Order....”
Buyers CAGR
opening
“Russia-Ukraine War (Feb 2022) Gaza Conflict (Oct 2023) US Tariff (2025) West Asia Conflict (2026) 15,131 4,715 5,881 6,314 9,490 4,694 Jun’22 Mar’24 Mar’25 Mar’26 Diamond Supply Chain disruption New Gold rally begins ‘Safe Haven’ Supply Chain Disruptions Energy prices & Regulations *Chart depicts Avg 24Kt Gold Prices (₹/ Gram) Multiple Engines of Growth Total Income (Ex-Bullion) (₹ Cr) 38,675 47,454 57,339 Segment FY26 YOY 3Y CAGR 76,078 Intl.”
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Opening remarks
Our DNA
Innovation, Inventiveness, Intrapreneurship Leading the customer… Engaging the customer and vibing with them! Our Manufacturing DNA has enabled us to develop Category Expertise Watches Manufacturing TEAL Driven by Design Creating memorable experiences… One Customer at a time A retail powerhouse with over 3,400+ stores… driving innovation one format at a time 300+ stores added; 300+ transformed in FY26 New luxe formats created- Watches Helios Luxe CP, Delhi The Titan World 2.0, Bangalore Titan Eye+ Premium IRTH Yellow doors Present across 400+ Towns… Middle India Tanishq Barrackpore Titan Angamaly All the while, celebrating delightful moments with our customers Zoya: Personalized Experiences Technology that widens the moat Tech. & Science that widens the moat • HD Manufacturing • Automation • Metallurgical advances • Horology: Tourbillon Movement • Case Materials: Gold, Ceramics • Digital Phoropter • Contactless FH & PD Measurement Hi Tech & Hi Touch – Enabled by Digital • Omni led play
Purchase Platform
Store Purchase History Vijayawada store Purchase 1 24 Aug 2020 Browsing Journey Online browsing 20 Jan 2026 | 2 SESSIONS, 66 MIN Clicked Offer Banner: ‘30% Diamond Price Off’. Does LP PD of Diamond Earrings Menu: ‘Mangalsutra LP’. Applied Filter: ‘Dailywear’. Did 8 PDs Thirupathi store Purchase 2 10 Apr 2025, Enrolled in TC 22 Jan 2026 | 2 SESSIONS, 22 MIN Lands on Wishlist -> PDP loop: Celia / Izna / Eira / Adia / Aziza / Ovate Zoom + Screenshots 7 Mangalsutras) + Sees Reviews Search detours: “Butterfly” rings > Kids earring PDP (Jessy Bow) > Gemstone Drop Earring Treasure Chest: 10k/m Redeemed Purchase 3 10 Apr 2025, Enrolled in TC Browsing Journey Online browsing 24 Jan 2026 | 6 Sessions, 36 Min Search ‘Mangalsutra Diamond’. Puts Price band filter 75K–1L Screenshots 7 Mangasultras 28 Jan 2026 | 61 Min Visits the store at 6:25 PM Browses online at 8:05 PM Search: Mangalsutra Diamond’. Puts Price band filter 75K-1L Zoom/screenshot/product details/ Best Price. Removes some from Wishlis
Purchase Platform
Store Treasure Chest: 10k/m Redeemed FINAL PURCHASE Thirupathi store Purchase 4 31 Jan 2026 Walks into the store. Opens her Wishlist. Buys at store Anniversary Purchase Served > 2.4 Mn customers 203 Demographics 50% of our customers are 26-35 Yrs Age Buying Occasions Personal Rewards Engagement Gifting Family | Friends | Men’s Celebrations Office | Social | Family Decoding CaratLane Beautiful Jewellery @ affordable price Omni Experience Titan / Tata Trust Web & App Physical Stores Integrated Ecosystem Tech Integration Supply Chain Recent Action 207 Design Edge 208 Design Philosophy Beautiful Design Affordable Price ● Collection/Theme Led ● Value Proposition ● Differentiated Design ● Category Induction C O L L E C T I O N The Spirit of You Inspired by the Rising Sun … and Classics Innovation Swirl Brand Collaborations Special Days…. Daughter’s Day Independence Day Aircrew Day Mother’s Day தமிழ்நாடு Tamil Nadu उत्तर प्रदेश Uttar Pradesh Shaya: Our Silver Line Ethnic Jewellery Everyday Je
Iconic In-house collections
Alif | Lace | Dome | Farfasha | GAIA (LGD) The Market Opportunity GCC Jewellery : A ~ USD 9 Bn Market With Strong Tailwinds The Damas Story The Market Opportunity Where Damas Stands Today Growth & Value Creation CY29 Ambition Total GCC market · 2023 Country split · 2023E AED 34 bn KSA UAE Rest 42% 33% 25% The Melting Pot of Consumers & Regional Cohorts The Damas Story The Market Opportunity Where Damas Stands Today Growth & Value Creation CY29 Ambition 42% 44% 14% Indigenous Indian Other Nationalities Total Population : 63.7 Mn UAE : Asian & Expat Dominant KSA: Arab Dominant Other Countries: Balanced Presence Where Damas Stands Today A Uniquely Positioned Regional Brand The Only GCC Brand focusing on the Arab Consumer The Damas Story The Market Opportunity Where Damas Stands Today Growth & Value Creation CY29 Ambition Positioning matrix A whitespace no one else owns. International chains, mid-market gold players • Cartier • Bvlgari • Van Cleef Mass local souks & gold shops The only reg
Buyers CAGR
3Y: 7% 70,0 00 60,0 00 50,0 00 40,0 00 30,0 00 20,0 00 10,0 00 - FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Gold Studded Coins & Gaining Share amidst growing competitive intensity Year Market Size Mkt Share % FY19 ~₹350k cr. ~4.5% FY22 ~₹400k cr. ~6% FY24 ~₹525 k cr. ~8% FY26 ~₹800 k cr. ~8.5% Source: Internal Estimates An Integrated Manufacturing & Sourcing Ecosystem An Integrated Manufacturing & Sourcing Ecosystem Design COE A Store Network that Truly Never Sleeps…. North America 854+ Stores 311+ Towns GCC India Singapore … & Above all Customer Relationships Forces at Play Macro Industry Forces Implications • Formalization • Premiumization • Women & self-expression Large headroom for authentic & trusted brands to grow • Rising Gold prices • Demand Volatility • Competitive intensity (Org. & New) • Innovation – Value & Design Growth engines that power us … Brand & Market Strength Buyer & Sales Growth Runway Regionalisation Buyer Acquisition Premiumisation Sales Growth Build Strong Brand P