āagman

Not investment advice. Data and computed figures, for information only.

Titan Company Ltd

NSE: TITANF&O
₹4,455.80
+₹11.80 (+0.27%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹3,91,514 Cr
CMP
₹4,455.80
52-wk High / Low
₹5,187 / 3,511
P/E
67.1
P/B
24.9
Book Value
₹177.0
Div Yield
0.34%
ROCE
21.0%
ROE
37.7%
Face Value
₹1
D/E
1.95

Price+26.2% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
6
/ 9
6 of 9 F-score tests passed
Graham Number
₹477
√(22.5 × EPS × book value per share)
ROIC
12.1%
vs 12.3% sector median
Cash flow to profit
1.10
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+246
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
29.1%
ROE × earnings retention ratio
ROE stability
4.6
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.26DII +0.31
Latest quarter vs the previous one
Cash-accrual divergence
−1.0%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 19% vs the 2025 sector median of 18.5%)
+Price trades above its 200-day moving average (1.0x)
+Annualised volatility of 23.8% is in the low band (≤25%)
Watch-outs
−Borrowings are up 26998.2% since FY2016 (113 to 30621)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales11,89712,52914,16412,49413,26614,53417,74014,91616,52318,72525,41626,92021,356
Expenses10,77211,11812,59911,30312,01913,29816,06613,37914,69316,85022,70324,98218,466
Operating Profit1,1251,4111,5651,1911,2471,2361,6741,5371,8301,8752,7131,9382,890
OPM %9.5%11.3%11.0%9.5%9.4%8.5%9.4%10.3%11.1%10.0%10.7%7.2%13.5%
Other Income114125136159120123128116105113−1235148
Interest109140169201230240231252271277282350353
Depreciation128144154158164171175183184189207246256
Profit before tax1,0021,2521,3789919739481,3961,2181,4801,5222,2231,5772,429
Net Profit7569161,0537717157041,0478711,0911,1201,6841,1791,777
EPS (₹)8.4810.3111.868.688.057.9311.799.8112.2912.6218.9713.2820.02

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales11,91311,27613,26116,12019,77921,05221,64428,79940,57551,08460,45687,58492,417
Expenses10,76110,33712,09714,47617,78518,58919,91925,45535,69345,79254,76279,22783,001
Operating Profit1,1539391,1641,6441,9942,4631,7253,3444,8825,2925,6948,3579,416
OPM %9.7%8.3%8.8%10.2%10.1%11.7%8.0%11.6%12.0%10.4%9.4%9.5%10.2%
Other Income6769−4270178153180177306534487450495
Interest81423853531662032183006199531,1801,262
Depreciation9098111131163348375399441584693826898
Profit before tax1,0498689731,5301,9572,1021,3272,9044,4474,6234,5356,8017,751
Net Profit8166756971,1021,3891,4939742,1983,2743,4963,3375,0735,760
EPS (₹)9.197.608.0112.7315.8216.9110.9624.4836.6139.3837.5957.1464.89

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital898989898989898989898989—
Reserves2,9953,4184,1445,0015,9816,5807,4089,21411,7629,30411,53515,614—
Borrowings1001131,8821,6912,3933,5625,6387,2759,36715,52820,77730,621—
Other Liabilities2,6842,7232,2932,7403,2473,3133,3094,6105,8026,6268,24414,237—
Total Liabilities5,8686,3428,4089,52111,71013,54416,44421,18827,02031,54740,64560,561—
Fixed Assets6997711,1891,4741,5672,6332,5232,5442,9983,7094,0626,878—
CWIP55107152433218328514497105163—
Investments330431361081582,8242942,5152,3451,9883,506—
Other Assets5,1115,4346,6367,96810,00310,73511,06518,26521,36325,39634,49050,014—
Total Assets5,8686,3428,4089,52111,71013,54416,44421,18827,02031,54740,64560,561—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity−5555035761,712−511,243−3484,139−7241,3701,695−5415,590
Cash from Investing Activity−271−118−159−95398−797235−2,7991,165−1,814−189546−2,965
Cash from Financing Activity497−1,005−505−166−252−489−242−1,234−403457−1,329−7−2,159
Net Cash Flow−329−620−88594−206−43−3551063813177−2466

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %42.035.027.023.025.026.024.013.021.025.023.019.021.0
ROE %————————————37.7
EPS (₹)8.289.197.608.0112.7315.8216.9110.9624.4836.6139.3837.5957.14
Book Value (₹)————————————177.0
Face Value (₹)————————————1
P/E————————————67.1
Div Yield %————————————0.34
NPM %6.76.85.95.36.87.07.04.57.68.06.85.55.8
OPM %10.010.08.09.010.010.012.08.012.012.010.09.010.0
D/E0.320.030.030.440.330.390.530.750.780.791.651.791.95
P/B————————————24.9

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+23.0%
5 years+32.0%
3 years+29.0%
TTM+45.0%
Compounded profit growth
10 years+22.0%
5 years+40.0%
3 years+17.0%
TTM+57.0%
Stock price CAGR
10 years+27.0%
5 years+12.0%
3 years+10.0%
Last year+25.0%
Return on equity
10 years29.0%
5 years32.0%
3 years34.0%
Last year38.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters53.05%53.05%52.91%52.91%52.91%52.90%52.90%52.90%52.90%52.90%52.90%52.90%
FIIs21.13%21.13%20.72%19.24%17.74%18.10%18.40%17.51%19.01%17.82%15.65%15.39%
DIIs5.03%5.03%6.11%7.21%10.87%11.13%10.21%11.23%10.29%12.01%14.84%15.15%
Government0.35%0.35%0.17%0.17%0.23%0.35%0.16%0.17%0.17%0.19%0.19%0.19%
Public20.44%20.44%20.10%20.47%18.26%17.53%18.33%18.19%17.57%17.01%16.34%16.31%
No. of shareholders1,09,5161,09,5161,31,6201,80,7103,22,9283,55,7745,78,2527,19,1677,49,3198,55,1267,35,5997,33,428
Change since Jun 2023 (pp)
Promoters −0.15FIIs −5.74DIIs +10.12Public −4.13

Documents

As of 11 Oct 2026
Announcements
Intimation of Repayment of Commercial Paper (CP)Quarterly Update - Q2 FY 2026-27Closure of Trading WindowGrant Of Performance Stock UnitsShareholder Meeting / Postal Ballot-Scrutinizer"s Report
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTJun 2026TranscriptJun 2026PPTMay 2026PPTFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025Recording

Corporate actions

As of 9 Jul 2026
9 Jul 2026DIVIDENDDividend - Rs 15 Per Share—
8 Jul 2025DIVIDENDDividend - Rs 11 Per Share—
27 Jun 2024DIVIDENDAnnual General Meeting/Dividend - Rs 11 Per Share—
13 Jul 2023DIVIDENDAnnual General Meeting/Dividend - Rs 10 Per Share—
8 Jul 2022DIVIDENDAnnual General Meeting/Dividend - Rs 7.50 Per Share—
22 Jul 2021DIVIDEND Annual General Meeting/Dividend - Rs 4 Per Share—
3 Aug 2020DIVIDEND Annual General Meeting/Dividend - Rs 4 Per Share—
29 Jul 2019DIVIDEND Annual General Meeting/ Dividend - Rs 5 Per Share—
23 Jul 2018DIVIDEND Annual General Meeting/Dividend- Rs 3.75 Per Share—
24 Jul 2017DIVIDEND Dividend - Rs 2.60 Per Share—
22 Mar 2016DIVIDEND Interim Dividend - Rs 2.20/- Per Share (Purpose Revised)—
17 Jul 2015DIVIDENDAnnual General Meeting/Dividend - Rs 2.30/- Per Share—
15 Jul 2014DIVIDENDAnnual General Meeting / Dividend - Rs 2.10/- Per Share—
16 Jul 2013DIVIDENDAnnual General Meeting/Dividend Rs 2.10/- Per Share—
13 Jul 2012DIVIDENDAnnual General Meeting /Dividend Rs. 1.75 Per Share—
22 Jul 2011DIVIDENDDividend-Rs.1.25 Per Share—
23 Jun 2011SPLITBonus 1:1 / Face Value Split From Rs.10/- To Re.1/-—
9 Jul 2010DIVIDENDDividend-Rs.15/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman