Company Titan Company Limited NSE India S.E.

Equities

TITAN

INE280A01028

Apparel & Accessories

Market Closed - NSE India S.E. 05:13:55 12/07/2024 pm IST 5-day change 1st Jan Change
3,230 INR -0.58% Intraday chart for Titan Company Limited -1.21% -12.12%

Business Summary

Titan Company Limited specializes in the design, manufacture and marketing of watches, jewellery, eyewear and fashion accessories. Net sales break down by product family as follows:

- jewellery items (88.5%): gold jewellery decorated with diamonds and precious stones, pure gold and platinum jewellery (Tanishq, Zoya, Mia, Carat Lane and Gold Plus brands);

- watches (7.3%): sold under own brands (Titan, Fastrack, Sonata, Favre Leuba, Xylys and Nebula), and under license brands (Tommy Hilfiger, Police, FCUK, Annie Klein, Kenneth Cole and Esprit);

- eyewear (1.7%): eyeglasses, sunglasses, frames, lenses and contact lenses (Titan Eye Plus, Titan, Fastrack and Glares brands).

The balance of net sales (2.5%) concerns the distribution activities of perfumes (Skinn by Titan brand), saris (Taneira Sarees brand) and fashion accessories, as well as the manufacture of precision engineering products and industrial machinery.

Products are marketed through a network of 1,909 exclusive stores located in India, over 7,000 multi-brand outlets and via the Internet.

At the end of March 2021, the group had 11 production sites in India.

India accounts for 99.5% of net sales.

Number of employees: 8,680

Sales per Business

INR in Million2023Weight2024Weight Delta
Jewellery
88.2 %
359,140 87.8 % 455,240 88.2 % +26.76%
Watches and Wearables
7.6 %
33,100 8.1 % 39,300 7.6 % +18.73%
Others
2.2 %
8,050 2.0 % 11,380 2.2 % +41.37%
EyeCare
1.4 %
6,890 1.7 % 7,260 1.4 % +5.37%
Corporate (Unallocated)
0.6 %
1,650 0.4 % 2,990 0.6 % +81.21%

Sales per region

INR in Million2023Weight2024Weight Delta
India
97.1 %
396,010 96.9 % 501,300 97.1 % +26.59%
Others
2.9 %
12,820 3.1 % 14,870 2.9 % +15.99%

Managers

Managers TitleAgeSince
Chief Executive Officer - 01/90/01
Director of Finance/CFO 56 01/21/01
Compliance Officer - 03/18/03
Director/Board Member 69 01/83/01
Investor Relations Contact - 01/21/01
Corporate Officer/Principal - 01/20/01
Corporate Officer/Principal - 01/22/01
Corporate Officer/Principal - -
Human Resources Officer - 01/21/01
Corporate Officer/Principal - 01/91/01

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 07/03/07
Director/Board Member 67 10/18/10
Director/Board Member 69 01/83/01
Chief Executive Officer - 01/90/01
Director/Board Member 57 11/20/11
Director/Board Member 67 06/16/06
Chairman 45 26/18/26
Director/Board Member 44 03/19/03
Director/Board Member 47 08/20/08
Director/Board Member - 03/11

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 890,000,000 365,211,671 ( 41.04 %) 0 41.04 %

Shareholders

NameEquities%Valuation
Tamilnadu Industrial Development Corp. Ltd.
27.88 %
247,476,720 27.88 % 10 109 M ₹
Tata Sons Pvt Ltd.
21.40 %
190,023,380 21.40 % 7 762 M ₹
47,483,470 5.349 % 1 940 M ₹
17,875,640 2.014 % 730 M ₹
Life Insurance Corporation of India (Investment Portfolio)
1.777 %
15,773,161 1.777 % 644 M ₹
13,826,180 1.557 % 565 M ₹
SBI Funds Management Ltd.
1.537 %
13,646,329 1.537 % 557 M ₹
Government of Singapore
1.054 %
9,355,722 1.054 % 382 M ₹
UTI Asset Management Co. Ltd. (Investment Management)
0.9988 %
8,866,927 0.9988 % 362 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt)
0.5544 %
4,921,708 0.5544 % 201 M ₹

Holdings

NameEquities%Valuation
3,000 0.00% 197,096 $
6,638 0.00% 87,338 $
25,110 0.00% 52,396 $
560 0.00% 7,408 $

Company contact information

Titan Co. Ltd.

Integrity, No. 193, Veerasandra Electronic City Post Office

560100, Bangalore

+91 80 6704 7000

http://www.titan.co.in
address Titan Company Limited(TITAN)

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