Titan Company‘s journey since its inception in 1984 as a joint venture between the TATA Group and Tamil Nadu Industrial Development Corporation (TIDCO) has been a remarkable success story. What started with the vision of creating a Titan watch for every individual has now evolved into one of the world’s largest integrated watch manufacturers.
Over the years, Titan has grown into a respected lifestyle company, dominating the Watches, Jewellery, and Eyewear categories with its trusted brands and unique customer experiences.
With a market valuation of 2,89,405 crore, Titan is a prominent player in the Indian consumer goods industry. As the Indian economy recovers from the pandemic, investors are keenly observing companies with strong fundamentals and growth potential, and Titan Company’s financial health, growth prospects, and market standing make it a compelling stock to watch and consider for investment.
Below are the trading platforms that you can use to purchase Titan Company shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| May 2024 | 3,520.80 | 3,061.57 |
| June 2024 | 3,647.55 | 3,171.78 |
| July 2024 | 3,611.07 | 3,140.06 |
| August 2024 | 3,755.52 | 3,265.67 |
| September 2024 | 3,905.74 | 3,396.29 |
| October 2024 | 3,829.15 | 3,329.70 |
| November 2024 | 3,944.03 | 3,429.59 |
| December 2024 | 4,042.63 | 3,515.33 |
Titan’s share price is expected to see a positive trajectory throughout 2024, with projected maximum targets ranging from ₹3,520.80 to ₹4,042.63 and minimum targets ranging from ₹3,061.57 to ₹3,515.33.
As of May 8th, 2024, the current price stands at ₹3,260, with a high/low range of ₹3,887/₹2,669. The company’s market cap is ₹2,89,405 Cr., reflecting strong investor confidence. Despite a relatively high stock P/E ratio of 82.9, Titan demonstrates robust growth potential and market stability.
| When | Maximum Price | Minimum Price |
| January 2025 | 4,123.48 | 3,171.91 |
| February 2025 | 4,229.21 | 3,253.24 |
| March 2025 | 4,394.15 | 3,380.12 |
| April 2025 | 4,307.99 | 3,313.84 |
| May 2025 | 4,182.52 | 3,217.32 |
| June 2025 | 4,370.73 | 3,362.10 |
| July 2025 | 4,285.03 | 3,296.18 |
| August 2025 | 4,417.56 | 3,398.12 |
| September 2025 | 4,572.17 | 3,517.05 |
| October 2025 | 4,691.05 | 3,608.50 |
| November 2025 | 4,808.32 | 3,698.71 |
| December 2025 | 4,928.53 | 3,791.18 |
In 2025, Titan’s share price is forecasted to show consistent growth, with projected maximum targets ranging from ₹4,123.48 to ₹4,928.53 and minimum targets ranging from ₹3,171.91 to ₹3,791.18 throughout the year.
| When | Maximum Price | Minimum Price |
| January 2026 | 5,076.39 | 3,904.91 |
| February 2026 | 5,206.55 | 4,005.04 |
| March 2026 | 5,409.61 | 4,161.23 |
| April 2026 | 5,303.53 | 4,079.64 |
| May 2026 | 5,149.06 | 3,960.82 |
| June 2026 | 5,380.77 | 4,139.05 |
| July 2026 | 5,275.27 | 4,057.90 |
| August 2026 | 5,438.42 | 4,183.40 |
| September 2026 | 5,628.76 | 4,329.82 |
| October 2026 | 5,775.11 | 4,442.39 |
| November 2026 | 5,919.49 | 4,553.45 |
| December 2026 | 6,067.48 | 4,667.29 |
| When | Maximum Price | Minimum Price |
| January 2027 | 6,188.82 | 4,760.63 |
| February 2027 | 6,347.51 | 4,882.70 |
| March 2027 | 6,595.07 | 5,073.13 |
| April 2027 | 6,465.75 | 4,973.65 |
| May 2027 | 6,277.43 | 4,828.79 |
| June 2027 | 6,559.91 | 5,046.09 |
| July 2027 | 6,431.29 | 4,947.14 |
| August 2027 | 6,630.19 | 5,100.15 |
| September 2027 | 6,862.25 | 5,278.65 |
| October 2027 | 7,040.67 | 5,415.90 |
| November 2027 | 7,216.68 | 5,551.30 |
| December 2027 | 7,397.10 | 5,690.08 |
| When | Maximum Price | Minimum Price |
| January 2028 | 7,545.04 | 5,803.88 |
| February 2028 | 7,738.51 | 5,952.70 |
| March 2028 | 8,040.31 | 6,184.85 |
| April 2028 | 7,882.65 | 6,063.58 |
| May 2028 | 7,653.06 | 5,886.97 |
| June 2028 | 7,997.45 | 6,151.88 |
| July 2028 | 7,840.64 | 6,031.26 |
| August 2028 | 8,083.13 | 6,217.79 |
| September 2028 | 8,366.04 | 6,435.42 |
| October 2028 | 8,583.56 | 6,602.74 |
| November 2028 | 8,798.15 | 6,767.81 |
| December 2028 | 9,018.10 | 6,937.00 |
| When | Maximum Price | Minimum Price |
| January 2029 | 9,198.46 | 7,075.74 |
| February 2029 | 9,434.32 | 7,257.17 |
| March 2029 | 9,802.26 | 7,540.20 |
| April 2029 | 9,610.06 | 7,392.35 |
| May 2029 | 9,330.15 | 7,177.04 |
| June 2029 | 9,750.01 | 7,500.01 |
| July 2029 | 9,558.83 | 7,352.95 |
| August 2029 | 9,854.47 | 7,580.36 |
| September 2029 | 10,199.37 | 7,845.67 |
| October 2029 | 10,464.56 | 8,049.66 |
| November 2029 | 10,726.17 | 8,250.90 |
| December 2029 | 10,994.33 | 8,457.17 |
| When | Maximum Price | Minimum Price |
| January 2030 | 11,214.21 | 8,626.32 |
| February 2030 | 11,501.76 | 8,847.51 |
| March 2030 | 11,950.33 | 9,192.56 |
| April 2030 | 11,716.01 | 9,012.31 |
| May 2030 | 11,374.76 | 8,749.82 |
| June 2030 | 11,886.63 | 9,143.56 |
| July 2030 | 11,653.56 | 8,964.27 |
| August 2030 | 12,013.97 | 9,241.52 |
| September 2030 | 12,434.46 | 9,564.97 |
| October 2030 | 12,757.76 | 9,813.66 |
| November 2030 | 13,076.70 | 10,059.00 |
| December 2030 | 13,403.62 | 10,310.48 |
Financial Condition of Titan Company: Last 5 years
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales (Rs. Cr.) | 19779 | 21052 | 21644 | 28799 | 40575 |
| Expenses (Rs. Cr.) | 17785 | 18589 | 19919 | 25455 | 35693 |
| Operating Profit | 1994 | 2463 | 1725 | 3344 | 4882 |
| OPM (%) | 10% | 12% | 8% | 12% | 12% |
| Other Income | 178 | 153 | 180 | 177 | 306 |
| Interest (Rs. Cr.) | 53 | 166 | 203 | 218 | 300 |
| Depreciation | 163 | 348 | 375 | 399 | 441 |
| PBT (Rs. Cr.) | 1957 | 2102 | 1327 | 2904 | 4447 |
| Tax (%) | 29% | 29% | 27% | 24% | 26% |
| Net Profit (Rs. Cr.) | 1389 | 1493 | 974 | 2198 | 3274 |
| EPS (Rs.) | 15.82 | 16.91 | 10.96 | 24.48 | 36.61 |
| Dividend Payout (%) | 32% | 24% | 37% | 31% | 27% |
Over the past five years, Titan Company has demonstrated substantial growth in its financial performance. Sales have increased steadily from Rs. 19,779 Cr. in 2019 to Rs. 40,575 Cr. in 2023, with a compounded sales growth of 20% over the period. The company’s net profit has also seen remarkable growth, rising from Rs. 1,389 Cr. in 2019 to Rs. 3,274 Cr. in 2023, reflecting a compounded profit growth of 24% over the five-year span.
Notably, Titan’s earnings per share (EPS) has surged from Rs. 15.82 in 2019 to Rs. 36.61 in 2023. The financial health is further emphasized by impressive return on equity figures, reaching 31% in the last year. The company has also displayed robust stock performance, with a Compound Annual Growth Rate (CAGR) of 52% in the past year, indicative of investor confidence and the company’s strong market position.
FAQS
As of 8th May 2024, Titan Company’s share price is around 3,260 INR.
Over the past five years, Titan Company’s share price has increased steadily from around ₹400 in 2018 to ₹3,260 in 2024.
Factors such as growth in the Indian economy, changes in consumer trends, and competition within the industry are likely to affect Titan Company’s share price.
What is Titan Company’s expected revenue growth in the next five years?
Titan Company’s expected revenue growth in the next five years is around 12-15% annually.
What is Titan Company’s current market capitalization?
Titan Company’s current market capitalization is around ₹2,89,405 crore INR.
What are the risks associated with investing in Titan Company?
The risks associated with investing in Titan Company include changes in consumer trends, competition from other companies, and economic fluctuations.
What is Titan Company’s dividend history?
Titan Company has consistently paid dividends to its shareholders over the past five years.
What is Titan Company’s expected return on investment in the next five years?
Titan Company’s expected return on investment in the next five years is around 15-20%.
Is Titan Company a good stock to buy?
Based on its historical performance and expected growth in the coming years, Titan Company appears to be a good stock to buy for long-term investors. However, it is important to conduct thorough research and consider the risks associated with investing in the company before making a decision.
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Conclusion
Titan Company’s journey since its inception in 1984 as a joint venture between the TATA Group and Tamil Nadu Industrial Development Corporation (TIDCO) has been an exceptional success story. Emerging from a vision to create a Titan watch for every individual, the company has evolved into one of the world’s largest integrated watch manufacturers. With a market valuation of 2,89,405 crore, Titan dominates the Watches, Jewellery, and Eyewear categories, reflecting its position as a major player in the Indian consumer goods industry. The recently reported Q3 FY24 results underscore Titan’s financial strength, with a net profit of ₹1,040 crore, marking a 9.5% YoY growth, and total revenue reaching ₹13,052 crore, a significant 20% increase. The company’s strong market standing, strategic initiatives, and diversified portfolio position Titan as an attractive option for investors looking for stability and potential returns in the long term.
What did we learn?
- 1 How to Purchase Titan Company Shares?
- 2 Titan Company Share Price Prediction: 2024 to 2030
- 3 Financial Condition of Titan Company: Last 5 years
- 4 FAQS
- 4.1 What is Titan Company’s current share price?
- 4.2 What is Titan Company’s historical share price trend?
- 4.3 What factors are likely to affect Titan Company’s share price in the coming years?
- 4.4 What is Titan Company’s expected revenue growth in the next five years?
- 4.5 What is Titan Company’s current market capitalization?
- 4.6 What are the risks associated with investing in Titan Company?
- 4.7 What is Titan Company’s dividend history?
- 4.8 What is Titan Company’s expected return on investment in the next five years?
- 4.9 Is Titan Company a good stock to buy?
- 5 Conclusion
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