Titan Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

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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