Titan Company Limited Share Price and Company Fundamentals
Last traded: Last Friday at 10:00 AM
Titan Company Limited, together with its subsidiaries, manufactures and sells watches, jewelry, eyewear, and other accessories and products in India and internationally. It operates through four segments: Watches and Wearables, Jewellery, Eyewear, and Others. The company offers watches and accessories under the Titan Edge, Titan Raga, Nebula, Octane, Fastrack, Titan HTSE, Zoop, Sonata, Favre-Leuba, SF, Xylys, World of Titan, and Helios brands. It also provides jewelry products under the Mia, CaratLane, Tanishq, and Zoya brands; and retails watches under the Helios brand. In addition, the company offers optical products under the Titan EyePlus brand, as well as Fastrack and Glares brands. Further, it provides a range of fragrance products under the SKINN brand; and sarees, lehengas, yardages, stoles, and dupattas under the Taneira brand, as well as engages in the precision component manufacturing and designing, and automation machines manufacturing activities for the aerospace and defense industries. The company offers its products through retail stores and dealers, as well as online. As of March 31, 2021, it operated approximately 1,909 stores with approximately 2.5 million square feet of retail space. The company was formerly known as Titan Industries Limited and changed its name to Titan Company Limited in August 2013. Titan Company Limited was incorporated in 1984 and is based in Bengaluru, India.
Key Metrics
PE ratio
80.39
PB ratio
18.78
Dividend yield
0.39%
Beta
0.74
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Luxury Goods / Consumer Cyclical |
|---|---|
| Website | https://www.titancompany.in |
| Mailing address | Integrity No. 193 Veerasandra Electronics City P.O. Off Hosur Main Road Bengaluru 560100 India |
| Phone / Fax | 91 80 6704 7000 / 91 80 6704 6262 |
Dividends
Dividend yield
0.39%
Dividend amount
₹7.50
Payout ratio
16.34%
5Y Avg. yield
0.33%
Titan Company Limited paid ₹7.50 dividend and the ex-dividend date was 08 July 2022.The dividend payout ratio is 16.34%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.TITAN dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
TITAN's forward dividend amount is ₹7.5 and the forward dividend yield is 0.39%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2022, following are the company executives and directors listed on Titan Company Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Coimbatore Krishnamurthy Venkataraman | MD & Additional Director | 61 | 69.95M |
| Mr. Ashok Kumar Sonthalia A.C.A., B.Sc. | Chief Financial Officer | 53 | |
| Mr. Dinesh Shetty | Gen. Counsel, Compliance Officer & Company Sec. | ||
| Mr. Swadesh Behera | Chief People Officer | ||
| Mr. V. Govind Raj B.Sc., MBA | Sr. VP | 66 | |
| Mr. Ajoy Chawla B.E., PGDM | Chief Exec. Officer- Jewellery | 54 | |
| Mr. Arun Narayan | VP & Head of Retail Tanishq | 49 | |
| Mr. S. K. Ghai B.Sc., Dip. Mktg Mgt | Regional Bus. Head of West and Associate VP | 61 | |
| Mrs. Kalpana Rangamani | Head of Retail Training | 47 | |
| Ms. Revathi Kant | Chief Design Officer | 52 |
Profitability and management effectiveness
Profit margin
7.55%
Operating margin
10.22%
Return on assets
9.77%
Return on equity
26.11%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Titan Company Limited is and its enterprise value is .
The TITAN's stocks Beta value is 0.74 making it 26% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Titan Company Limited (NSE:TITAN) Frequently Asked Questions
1. What is Titan Company Limited's Stock Symbol?
Titan Company Limited trades on NSE under the ticker symbol "TITAN".
2. What is Titan Company Limited's stock price today?
One share of TITAN stock can currently be purchased for approximately ₹1944.75.
3. How can I contact Titan Company Limited?
Titan Company Limited's mailing address is Integrity No. 193 Veerasandra Electronics City P.O. Off Hosur Main Road Bengaluru 560100 India. The company can be reached via phone at 91 80 6704 7000.
4. What is Titan Company Limited's official website?
The official website of Titan Company Limited is https://www.titancompany.in.