Titan Q4 Results: Titan Company announced its January-March quarter results for fiscal 2025-26 (Q4FY26) on Friday, May 8, reporting a rise of 35% in consolidated net profit to Rs 1,179 crore, compared to Rs 871 crore in the corresponding period last year. The surge in bottom line came as higher costs overcame demand for gold ornaments and coins.
India's top jeweller's top line or revenue from operations in the March quarter of FY26 nearly doubled and surged 80% to Rs 26,920 crore, compared to Rs 14,916 crore in the year-ago period. Titan, home to the Tanishq and CaratLane jewellery brands, also declared a final dividend of Rs 15 per share for FY26. ''The Board has recommended a dividend of Rs 15.00 per equity share of Rs 1 each of the company which shall be paid within seven days from the conclusion of the 42nd Annual General Meeting, subject to the approval of the shareholders of the company,'' said Titan in a regulatory filing to the stock exchanges.
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Titan Company Q4 Results: (Cons, YoY)
- Net profit up 35.4% to Rs 1,179 crore Vs Rs 871 crore Vs Estimate of Rs 1,270 crore
- Revenue up 80.5% At Rs 26,920 crore Vs Rs 14,916 crore Vs Estimate Of Rs 18,854 crore
- EBITDA up 26% to Rs 1,937 crore Vs Rs 1,537 crore Vs Estimate Of Rs 2,062 crore
- EBITDA margin to 7.19% Vs 10.3% YoY Vs Estimate Of 11%
Titan Q4 Results: Key Metrics
Gold prices rallied over the last 12 months, with geopolitical and macroeconomic uncertainty contributing to inflation fears and a weak growth outlook. That posed a threat to jewellers' margins, even as demand for gold ornaments and coins held steady with more consumers visiting Titan's stores. Higher raw material costs and increased advertising spending pushed Titan's total expenses 85% YoY. Titan's sales surged 48.28% to Rs 20,607 crore in the March quarter of FY26, which, according to Titan, is "one of the strongest quarterly performances in the company's history".
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Total expenses jumped 85.16% to Rs 25,579 crore in the March quarter. For the entire FY26, Titan's profit surged 52% to Rs 5,073 crore. It was Rs 3,337 crore a year ago. Consolidated sales in FY26 advanced 34.4% to Rs 76,797 crore. Titan's total consolidated income rose 44.62% to Rs 88,136 crore for the financial year ended on March 31, 2026. Shares of Titan rallied higher to hit nearly 7% upper circuit at Rs 4,605 apiece on the NSE after reporting strong Q4 numbers.
Titan share price after Q4 results
The stock have risen 11.85% year-to-date and 34.60% in the last 12 months. Out of the 37 analysts tracking the company, 28 have a 'buy' call on its stock, six suggest holding the stock, while three recommend selling it. The stock currently trades at a relative strength index of 45. The company commands a market cap of Rs 4,01,013.01 crore, according to stock exchange data.
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