Titan Company Limited, which stands for Tata Industries Tamil Nadu, is the owner of numerous other brands, including Tata Eye Plus and Tanishq. As a result, Titan is believed to be the fourth largest luxury watchmaker in the world at the moment. The majority of the company’s activities are related to manufacturing, and it also engages in trading while its shares are traded on stock markets, where they have performed admirably. Titan intends to expand its product and service offerings as well as its market reach, pointing to significant future enhancements in functionality.
Titan Share Price Target 2024-2030 Today Update
The Titan Company Ltd. is the leading lifestyle company currently expanding in the market. It has procured its spot as a forerunner in horology, gems making and exhibitions through its dependable brands and various client experience. This company is an example of success. It was established in 1984 as a partnership between TATA Group and Tamilnadu Industrial Development Corporation (TIDCO). Titan is famend for its enormous sort of product and solid logo presence. The venture works a few notable makers, including Tanishq (gems), Titan (watches), and Fastrack (style additional items).
Titan Share Price Target Today Update
When investing in stocks, well-informed decisions must be made based on extensive research and professional evaluation. If you’re considering Titan shares, you’ve come to the right place. The Titan share price target from 2024 to 2030 will be discussed in detail in this blog. You will have the data you need to make a valid funding request because our analysis is entirely based on the economic organization business employer’s growth, average basic performance, and future possibilities.
What Is Titan Company Limited?
A joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation, Titan Company Limited is an Indian high-tech company that typically produces fashion accessories like watches, rings, and eyewear. Established in 1984, Titan has developed to come to be quite possibly of the most depended on maker in India.
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Titan Business Profile
Titan Organization Ltd., which started as a limited scale maker of only one kind of item in 1984, has now developed past assumptions. It is a member of a larger system with approximately 38,000 people and boasts a workforce of more than 8000 people.
- Jewellery: It promotes Tanishq, Mia Zoya, and Caratlane brands in its 898 exclusive brand locations, making it India’s leading structured jewelry retailer. The organization has a piece of the pie of 7% in the gems field.
- Watches & Wearables: There are approximately 1,080 Exclusive Brand Outlets and more than 8,000 Multi-Brand Outlets in the Watches Division. Among them are Anne Kline, TITAN, FASTRACK, and Sonata.
- EyeCare: Titan Eye is the largest retail chain in comparison to other chains, with 975 stores across India and 14 international locations. In addition, it owns Titan Eye+ and Fastrack, two well-known brands.
- Emerging Businesses: The division focuses on Fine Fragrances, Indian Dress Wear, and Women’s Bags as its primary categories. Fragrance products are available in over 3,000 MBOs and more than 800 Titan World and Fastrack locations.
- International Expansion: The company opened six new locations in the United Arab Emirates, one in Singapore, and two in the United States in fiscal year 2023, bringing the total number of its locations worldwide to fourteen.
History Of Titan Share Price Target From 2024 to 2040
The share market has a bullish trend called Titan Share. Titan Offer is under both the Indian Offer Marker under the BSE (Bombay Stock Trade) and NSE (Public Stock Trade). Most recent 1 year’s portion development was +277.70 (9.33%), the 5-year’s portion development was +2,162.95 (198.24%) and the greatest offer development was +3,249.73 (76,106.09). Share growth decreased to -485.65 percent (-12.99%) over the previous six months. However, it will expand further in the future.
Titan Fundamentals & Quarterly Results
Metric | Value |
Market Cap | ₹ 3,20,659 Cr. |
Current Price | ₹ 3,612 |
High / Low | ₹ 3,887 / ₹ 3,038 |
Stock P/E | 92.8 |
Book Value | ₹ 106 |
Dividend Yield | 0.31% |
ROCE | 22.7% |
ROE | 32.9% |
Face Value | ₹ 1.00 |
FCF Previous Year | ₹ 950 Cr. |
Debt to Equity | 1.65 |
Debt Preceding Year | ₹ 9,367 Cr. |
Reserves | ₹ 9,304 Cr. |
Quick Ratio | 0.30 |
Current Ratio | 1.45 |
Free Cash Flow | ₹ 1,024 Cr. |
Titan Quarterly Results
Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 |
Sales | 9,443 | 9,163 | 11,609 | 10,360 | 11,897 | 12,529 | 14,164 | 12,494 | 13,266 |
Expenses | 8,247 | 7,916 | 10,262 | 9,271 | 10,772 | 11,118 | 12,599 | 11,303 | 12,019 |
Operating Profit | 1,196 | 1,247 | 1,347 | 1,089 | 1,125 | 1,411 | 1,565 | 1,191 | 1,247 |
OPM % | 13% | 14% | 12% | 11% | 9% | 11% | 11% | 10% | 9% |
Other Income | 44 | 61 | 90 | 114 | 114 | 125 | 136 | 159 | 120 |
Interest | 65 | 60 | 79 | 96 | 109 | 140 | 169 | 201 | 230 |
Depreciation | 103 | 106 | 113 | 119 | 128 | 144 | 154 | 158 | 164 |
Profit before Tax | 1,072 | 1,142 | 1,245 | 988 | 1,002 | 1,252 | 1,378 | 991 | 973 |
Tax % | 26% | 27% | 27% | 26% | 25% | 27% | 24% | 22% | 27% |
Net Profit | 790 | 835 | 913 | 736 | 756 | 916 | 1,053 | 771 | 715 |
EPS in Rs | 8.84 | 9.36 | 10.18 | 8.22 | 8.48 | 10.31 | 11.86 | 8.68 | 8.05 |
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CAGR Report
Metric | 10 Years | 5 Years | 3 Years | TTM/1 Year |
Compounded Sales Growth | 17% | 21% | 33% | 22% |
Compounded Profit Growth | 17% | 20% | 54% | 7% |
Stock Price CAGR | 26% | 27% | 24% | 16% |
Return on Equity | 26% | 27% | 30% | 33% |
Titan Shareholding Pattern
Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Jun 2024 |
Promoters | 52.91% | 52.91% | 52.91% | 52.90% | 52.90% | 52.90% | 52.90% | 52.90% |
FIIs | 20.72% | 19.24% | 17.74% | 18.10% | 18.40% | 17.51% | 19.01% | 18.21% |
DIIs | 6.11% | 7.21% | 10.87% | 11.13% | 10.21% | 11.23% | 10.29% | 10.68% |
Government | 0.17% | 0.17% | 0.23% | 0.35% | 0.16% | 0.17% | 0.17% | 0.19% |
Public | 20.10% | 20.47% | 18.26% | 17.53% | 18.33% | 18.19% | 17.57% | 17.94% |
Others | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.08% | 0.08% |
No. of Shareholders | 1,31,620 | 1,80,710 | 3,22,928 | 3,55,774 | 5,78,252 | 7,19,167 | 7,49,319 | 8,80,587 |
Titan Share Price Target 2024-2030 Forecast
Year | Initial Target | Mid-Year Target | Year-End Target |
2024 | ₹4024.48 | ₹4765.76 | ₹5210.54 |
2025 | ₹5315 | ₹4995 | ₹5963 |
2026 | ₹6082 | ₹5716 | ₹6824 |
2027 | ₹6960 | ₹6542 | ₹7809 |
2028 | ₹7965 | ₹7485 | ₹8934 |
2029 | ₹9113 | ₹8565 | ₹10226 |
2030 | ₹10431 | ₹9805 | ₹11705 |
TITAN Share Price Target 2025
Month | Target |
January | ₹5315 |
February | ₹5421 |
March | ₹5529 |
April | ₹5345 |
May | ₹5167 |
June | ₹4995 |
July | ₹5195 |
August | ₹5403 |
September | ₹5619 |
October | ₹5731 |
November | ₹5846 |
December | ₹5963 |
TITAN Share Price Target 2026
Month | Target |
January | ₹6082 |
February | ₹6204 |
March | ₹6328 |
April | ₹6117 |
May | ₹5913 |
June | ₹5716 |
July | ₹5945 |
August | ₹6183 |
September | ₹6430 |
October | ₹6559 |
November | ₹6690 |
December | ₹6824 |
TITAN Share Price Target 2027
Month | Target |
January | ₹6960 |
February | ₹7099 |
March | ₹7241 |
April | ₹7000 |
May | ₹6767 |
June | ₹6542 |
July | ₹6804 |
August | ₹7076 |
September | ₹7359 |
October | ₹7506 |
November | ₹7656 |
December | ₹7809 |
TITAN Share Price Target 2028
Month | Target |
January | ₹7965 |
February | ₹8124 |
March | ₹8286 |
April | ₹8010 |
May | ₹7743 |
June | ₹7485 |
July | ₹7784 |
August | ₹8095 |
September | ₹8419 |
October | ₹8587 |
November | ₹8759 |
December | ₹8934 |
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TITAN Share Price Target 2029
Month | Target |
January | ₹9113 |
February | ₹9295 |
March | ₹9481 |
April | ₹9165 |
May | ₹8860 |
June | ₹8565 |
July | ₹8908 |
August | ₹9264 |
September | ₹9635 |
October | ₹9828 |
November | ₹10025 |
December | ₹10226 |
TITAN Share Price Target 2030
Month | Target |
January | ₹10431 |
February | ₹10640 |
March | ₹10853 |
April | ₹10492 |
May | ₹10143 |
June | ₹9805 |
July | ₹10197 |
August | ₹10605 |
September | ₹11029 |
October | ₹11250 |
November | ₹11475 |
December | ₹11705 |
Final Words
On the stock market, a share known as Titan Share Price Target is traded. In the event that you are thinking about which is best for interest as of late, you ought to realize about Titan Offer Value Target. The growth of the company’s finances, the company’s business policy, the company’s shareholding pattern, and the anticipated annual share price will all be discussed in this article. We use information and examination from specialists to give an unmistakable information about Titan Offer Value Target. Those who want to make an immediate investment in this share may find this article helpful. Let’s look at the Titan Share Price Target for the years 2024 to 2040.
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