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.
