Titan Company Limited

Titan Company Ltd has announced the full redemption of its Commercial Papers (CPs) amounting to ₹1000 crore. The CPs, bearing ISIN-INE280A14542 and issued on April 24, 2026, have had their maturity proceeds paid to all holders today. This action aligns with SEBI's operational circular regarding Non-convertible Securities and Commercial Papers, indicating the company's financial management and adherence to regulatory guidelines.

Titan Company Ltd has announced its "Institutional Investors & Analyst Meet 2026" scheduled for June 4, 2026, at 8:30 AM IST. The company has provided a webcast link for attendees to access the event live. This follows up on a previous communication dated May 25, 2026. The details are also available on the company's official website.

Titan Company Ltd reported strong financial results for the quarter and year ended March 31, 2026. Consolidated Total Income for Q4FY26 was approximately ₹20,300 crores, a 46% increase year-over-year. Profit after Tax for the quarter grew by 35% to approximately ₹1,179 crores. The Board has recommended a dividend of ₹15.00 per equity share. The company's jewellery business grew by 50%, while analog watches saw a 15% increase. Titan also completed its 67% acquisition of Damas Jewellery during the quarter.

Titan Company Ltd announced its Q4FY26 and FY26 results. Consolidated Total Income for Q4FY26 was approximately ₹20,300 crores, a 46% increase YoY, and Profit after Tax was approximately ₹1,179 crores, a 35% increase YoY. For FY26, Total Income reached ₹76,078 crores, up 33% YoY, and Profit after Tax was ₹5,073 crores, up 52% YoY. The Board recommended a dividend of ₹15.00 per equity share. Titan completed its 67% acquisition of Damas Jewellery during the quarter.

Titan Company Ltd's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board has recommended a dividend of ₹15.00 per equity share. Consolidated Total Income was approximately ₹20,300 crores, up 46%, with Profit after Tax at approximately ₹1,179 crores, a 35% increase. The Jewellery portfolio grew 50% to approximately ₹18,195 crores. Titan completed its 67% acquisition of Damas Jewellery.

Mr. Ashwani Puri (DIN: 00160662) has completed his second term of five consecutive years as an Independent Director of Titan Company Ltd, ceasing to be a Director effective May 6, 2026. This is pursuant to Regulation 30 of the SEBI Listing Regulations. Details and related information are available on the company's website.

Titan Company Ltd. has scheduled a Board of Directors meeting for Friday, May 8, 2026. The primary agenda includes approving and taking on record the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. Additionally, the Board will consider and recommend a dividend, if any, on equity shares for the financial year ended March 31, 2026. The trading window for designated persons and their immediate relatives remains closed from March 24, 2026, and will reopen 48 hours after the conclusion of this Board Meeting.

Titan Company Ltd has reported a strong quarter with the Jewellery Business recording a YoY growth of approximately 46% in Q4 FY 2025-26. Secondary sales were higher, growing by around 52% YoY, led by Tanishq and Mia. The average ticket sizes also moved up considerably contributing to the Revenue growth. Within categories, studded grew strongly in early thirties, gold (plain) clocked growth in the mid-thirties and coins nearly tripled in sales. The like-to-like growths across all the jewellery retail formats were close to 48% YoY. The Watches Division reported a YoY growth of 7%, with analog watches growing by 16% YoY and smart watches declining by 53% YoY. The Consumer Businesses registered a growth of approximately 46% YoY. The EyeCare Business grew by 16% YoY and the Emerging Businesses reported mixed results with Fragrances growing by 30% YoY, Women’s Bags growing by 47% YoY and Taneira’s sales declining by 1% YoY.

Titan Company Ltd has modified the trust deed of Titan Employee Stock Option Trust due to changes in the composition of the trustees. The trust deed has been varied accordingly, and the amendment has been made under Regulation 3 of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The new trustees are Swadesh Behera, Priya Mathilakath, and Sharad Kumar Goyal. The trust was originally established to attract, retain, and motivate talented employees, reward employee performance with ownership, and encourage employees to align individual performance with the company's objectives.

Titan Company Ltd has appointed Mr. Srinivasan Varadarajan as an Additional Director designated as Non-Executive Independent Director, effective 1st April 2026 for a term of five years, subject to the approval of the shareholders of the Company. Mr. Varadarajan is a banking veteran with over three decades of experience in financial services. He has served in various capacities in commercial banking, investment banking, international banking, treasury, and global markets. He was previously the Non-Executive Chairman of Union Bank of India and Deputy Managing Director of Axis Bank. He has also served on several RBI Committees and held positions in various financial associations.