Company Titan Company Limited

Equities

TITAN

INE280A01028

Apparel & Accessories

Market Closed - Bombay S.E. 06:00:50 2024-04-19 am EDT 5-day change 1st Jan Change
3,563 INR +1.03% Intraday chart for Titan Company Limited -1.57% -3.08%

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: 7,857

Sales per Business

INR in Million2022Weight2023Weight Delta
Jewellery
87.8 %
255,230 87.9 % 359,140 87.8 % +40.71%
Watches and Wearables
8.1 %
23,170 8.0 % 33,100 8.1 % +42.86%
Others
2.0 %
5,450 1.9 % 8,050 2.0 % +47.71%
EyeCare
1.7 %
5,170 1.8 % 6,890 1.7 % +33.27%
Corporate (Unallocated)
0.4 %
1,310 0.5 % 1,650 0.4 % +25.95%

Sales per region

INR in Million2022Weight2023Weight Delta
India
96.9 %
284,790 98.1 % 396,010 96.9 % +39.05%
Others
3.1 %
5,540 1.9 % 12,820 3.1 % +131.41%

Managers

Managers TitleAgeSince
Chief Executive Officer - 89-12-31
Director of Finance/CFO 56 21-01-31
Compliance Officer - 18-08-02
Director/Board Member 69 82-12-31
Investor Relations Contact - 21-06-30
Corporate Officer/Principal - 19-12-31
Corporate Officer/Principal - 22-01-31
Corporate Officer/Principal - -
Human Resources Officer - 21-06-30
Corporate Officer/Principal - 90-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 03-08-06
Director/Board Member 67 18-05-09
Director/Board Member 69 82-12-31
Chief Executive Officer - 89-12-31
Director/Board Member 57 20-11-10
Director/Board Member 67 16-05-05
Chairman 45 18-11-25
Director/Board Member 43 19-07-02
Director/Board Member 47 20-06-07
Director/Board Member - 23-01-03

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 887,786,160 366,069,686 ( 41.23 %) 0 41.23 %

Shareholders

NameEquities%Valuation
Tamilnadu Industrial Development Corp. Ltd.
27.88 %
247,476,720 27.88 % 11 290 M ₹
Tata Sons Pvt Ltd.
21.40 %
190,023,380 21.40 % 8 669 M ₹
46,945,970 5.288 % 2 142 M ₹
17,875,640 2.014 % 815 M ₹
Life Insurance Corporation of India (Investment Portfolio)
1.767 %
15,686,771 1.767 % 716 M ₹
13,826,180 1.557 % 631 M ₹
SBI Funds Management Ltd.
1.521 %
13,506,301 1.521 % 616 M ₹
UTI Asset Management Co. Ltd. (Investment Management)
1.192 %
10,579,182 1.192 % 483 M ₹
ICICI Prudential Life Insurance Co. Ltd. (Invt Port)
0.5649 %
5,015,008 0.5649 % 229 M ₹
SBI Life Insurance Co. Ltd. (Investment Portfolio)
0.4255 %
3,777,578 0.4255 % 172 M ₹

Holdings

NameEquities%Valuation
3,000 0.00% 142,026 $
25,110 0.00% 46,937 $
560 0.00% 7,256 $

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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