Titan Reports Strong Q4: PAT Rises 35% YoY to ₹1,179 Crore
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Titan posted a strong Q4FY26 with PAT rising 35% YoY to ₹1,179 crore and income up 46%. Jewellery growth remained robust, while the company expanded stores and strengthened GCC presence through the Damas acquisition.
Titan Company posted a robust performance for the fourth quarter of FY26 on Friday, with consolidated net profit climbing 35% year-on-year to nearly ₹1,179 crore. The jewellery and watchmaker also recorded a sharp rise in total income, which grew 46% to about ₹20,300 crore, marking one of the company’s strongest quarterly showings to date.
However, on Monday morning, Titan Company shares crashed 7.61% at 10:25 am IST and were trading at ₹4,166.00.
Key Financials In Focus
EBIT | ₹1,875 crore | 28% |
Profit Before Tax (PBT) | ₹1,525 crore | 25% |
Jewellery Division Revenue | ₹18,195 crore | 50% |
India Jewellery Business Revenue | ₹17,114 crore | 46% |
Tanishq, Mia & Zaya Revenue | ₹16,047 crore | 48% |
CaratLane Revenue | ₹1,066 crore | 22% |
International Jewellery Revenue | ₹1,081 crore | 174% |
Jewellery EBIT | ₹1,820 crore | — |
Watches Division Revenue | ₹1,222 crore | 8% |
Analogue Watches Growth | — | 15% |
Watches EBIT | ₹143 crore | — |
Eyecare Revenue | ₹227 crore | 17% |
Eyecare EBIT | ₹21 crore | — |
Key Margins
EBIT Margin | 9.20% | 10.60% | Down 135 bps |
Profit Before Tax (PBT) Margin | 7.50% | 8.80% | Down 126 bps |
Profit After Tax (PAT) Margin | 5.80% | 6.30% | Down 47 bps |
Jewellery EBIT Margin | 10.00% | — | — |
Watches EBIT Margin | 11.70% | — | — |
Eyecare EBIT Margin | 9.20% | — | — |
Dividend Payout Details
The board of the Tata Group firm has proposed a dividend of ₹15 per equity share with a face value of ₹1 each for FY26, pending shareholders’ approval at the forthcoming annual general meeting.
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Titan’s Major Moves
The jewellery business expanded its retail footprint in India with a net addition of 27 outlets during the quarter, including 8 Tanishq stores, 14 Mia stores, and 5 Caratlane stores. Internationally, Tanishq opened four new stores across the GCC region.
Titan also finalised the acquisition of a 67% stake in Damas Jewellery during the quarter. The deal strengthens the company’s presence in the GCC market and adds 123 stores to its global jewellery network as part of its overseas growth push.
Sources:
Moneycontrol
Outlook Business
Q4 Financial Results
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