Titan Company Limited Share Price Target Tomorrow 2025-2030
khabartoday.com
Titan Company Limited Share Price Target Tomorrow 2025-2030 :-
Titan Company Limited is an Indian company that mainly manufactures fashion accessories founded in 1984, headquartered in Electronic City, Bangalore with registered office in Hosur, Tamil Nadu. Titan Company Limited manufacturer accessories such as jewellery, watches and eyewear. Titan Company Limited is part of Tata Group. Current price Titan Company Limited as on Dec 09 is 3444. Target of Titan Company Limited are given below.
Current Share Price of Titan Company Limited :-
Description
Price (₹)
Today’s High
3,488.25
Today’s Low
3,446.90
52 Week High
3,886.95
52 Week Low
3,055.65
Current Fundamentals of Titan Company Limited :-
Description
Value
Market Cap
₹ 3,07,813.22 Cr.
Enterprise Value
₹ 3,13,964.22 Cr.
No. of Shares
88.78 Cr.
P/E
94.92
P/B
31.62
Face Value
₹ 1
Dividend Yield
0.32 %
Book Value (TTM)
₹ 109.66
Cash
₹ 1,343 Cr.
Debt
₹ 7,494 Cr.
Promoter Holding
52.9 %
EPS (TTM)
₹ 36.53
Sales Growth
25.90%
ROE
33 %
ROCE
25.01%
Profit Growth
6.78 %
Shareholding of Titan Company Limited :-
Category
Sep 2024
Jun 2024
Mar 2024
Promoter
52.9%
52.9%
52.9%
FII
18.2%
18.2%
19.0%
DII
11.5%
10.9%
10.5%
Public
17.3%
17.9%
17.6%
Others
0.1%
0.1%
0.1%
Target in Titan Company Limited for 2025-2030 :-
Year
Target (₹)
2025
3,600
2026
3,950
2027
4,300
2028
4,700
2029
5,100
2030
5,800
Quarterly Result (All Figures in Cr.) (JUN 2024, SEP 2024, and MAR 2024):
Particulars
MAR 2024
JUN 2024
SEP 2024
Net Sales
12,494
13,266
14,534
Total Expenditure
11,303
12,019
13,298
Operating Profit
1,191
1,247
1,236
Other Income
159
120
122
Interest
201
230
240
Depreciation
158
164
171
Exceptional Items
0
0
0
Profit Before Tax
991
973
947
Tax
220
258
244
Profit After Tax
771
715
703
Adjustments
0
0
1
Consolidated Net Profit
771
715
704
Adjusted EPS (Rs)
8.66
8.03
7.91
Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)
Particulars
MAR 2022
MAR 2023
MAR 2024
Net Sales
28,799
40,575
51,084
Total Expenditure
25,462
35,731
45,792
Operating Profit
3,337
4,844
5,292
Other Income
238
343
533
Interest
218
300
619
Depreciation
399
441
584
Exceptional Items
-54
0
0
Profit Before Tax
2,904
4,447
4,623
Tax
706
1,173
1,127
Profit After Tax
2,198
3,274
3,496
Adjustments
-25
-24
0
Consolidated Net Profit
2,173
3,250
3,496
Adjusted EPS (Rs.)
24.42
36.52
39.28
Balance Sheet (All Figures are in Crores.)
Particulars
MAR 2022
MAR 2023
MAR 2024
Equity and Liabilities
Share Capital
89
89
89
Total Reserves
9,214
11,762
9,304
Minority Interest
30
53
0
Borrowings
2
0
3,302
Other N/C Liabilities
1,160
1,697
2,139
Current Liabilities
10,512
13,264
16,528
Total Liabilities
21,007
26,865
31,363
Assets
Net Block
2,543
2,997
3,708
Capital WIP
69
133
88
Intangible WIP
16
11
9
Investments
279
351
679
Loans & Advances
384
518
648
Other N/C Assets
262
466
641
Current Assets
17,454
22,389
25,590
Total Assets
21,007
26,865
31,363
Cash Flows (All Figures are in Crores.)
Particulars
MAR 2022
MAR 2023
MAR 2024
Profit from Operations
2,904
4,447
4,623
Adjustment
394
490
781
Changes in Assets & Liabilities
-3,220
-2,413
-2,536
Tax Paid
-802
-1,154
-1,173
Operating Cash Flow
-724
1,370
1,695
Investing Cash Flow
1,165
-1,814
-189
Financing Cash Flow
-403
457
-1,329
Net Cash Flow
38
13
177
Titan’s Plans and Projects :-
Retail Expansion
Titan is growing its stores across its brands, including Tanishq (jewelry), Taneira (sarees), and Earth (watches and accessories).
Watershed Development Project
In Cuddalore, Tamil Nadu, this project focuses on stopping groundwater loss and improving village life in every way. It has helped over 2,300 families so far.
Kanya Sampoorna Project 2.0
This project works to make children’s lives better by focusing on education, health, farming, and skill-building. It is active in 92 schools and hostels.
Benzinger Finger Ring Manufacturing System
This advanced system uses big, powerful machines with super-fast spindles to make rings with a shiny finish and fine details.
Project Happy Eyes
Started in 2013, this project supports better eye care and is linked to the WHO’s Vision 2020 goals for improving global eyesight.
Titan Company Limited has exciting plans for the future :
More Stores: Titan plans to open 14 more Tanishq stores in India by the end of 2024 and at least 45 more in 2025. They also plan to add 7 Zoya stores by 2025 and 50 jewelry stores in other countries by 2027.
New Brand Launch: Titan is starting a new brand of handbags for women called “Earth.”
International Growth: The company aims to increase its international workforce by 10% in the next five years, especially focusing on the Gulf Cooperation Council (GCC) region.
Expanding New Businesses: Titan wants to triple sales in its emerging businesses, such as smart wearables, women’s handbags, and ethnic wear, by 2027.
Support for Women: Titan has introduced a special program to help women who have taken a career break to return to work.
