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Titan Company Limited - 500114 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Intimation towards loss of share certificate u/r 39(3) of SEBI (LODR) Regulations, 2015
07-05-2024

Titan plunges 7.2% on profitability worries, analysts cut price targets

"Aggressive store expansion by existing players and entry of new player (e.g., Novel Jewels by Aditya Birla Group will invest 5,000 cr) may keep competitive intensity elevated," said Citi's analysts in a client note.
07-05-2024
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Titan Company Limited - 500114 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper publication for Audited financial results for the fourth quarter and year ended 31st March 2024.
05-05-2024

Titan Q4 Results Review - Challenging Times Ahead; Sell: Dolat Capital

Muted margin performance across segments
05-05-2024

Titan Company Results Earnings Call for Q4FY24

Conference Call with Titan Company Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.
03-05-2024
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Titan Company Limited - 500114 - Certificate Pursuant To SEBI Circular No. SEBI/HO/DDHS/P/CIR/2021/613 Dated August 10, 2021

Certificate pursuant to SEBI circular no. SEBI/HO/DDHP/P/CIR/2021/613 dated August 10, 2021
03-05-2024
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Q4FY24 Quarterly & FY24 Annual Result Announced for Titan Company Ltd.

Gems & Jewellery company Titan Company announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Titan (Consolidated) recorded an income growth of 22% in Q4FY24 compared to Q4FY23. EBIT grew by 10% YoY to Rs 1,192 crore, whereas PBT was flat at Rs 991 crore that included financial costs of CaratLane acquisition and ESOP related costs. Jewellery: Total Income for the quarter grew 19% over Q4FY23 to Rs 8,998 crore. The India business grew 20% in the same period. EBIT at Rs 1,089 crore recorded a margin of 12.1% for the quarter. Watches & Wearables: Business recorded a Total Income of Rs 940 crore, up 8% over Q4FY23. The domestic business grew 9% in the same period. EBIT came in at Rs 80 crore clocking a margin of 8.5% for the quarter. EyeCare: Total Income of Rs 1,166 crore in Q4FY24 was flat compared to Q4FY23. Business recorded an EBIT of Rs 8 crore clocking a margin of 4.8% for the quarter. Emerging Businesses: The Emerging Businesses comprising of Indian Dress Wear ('Taneira'), Fragrances, Fashion Accessories (F&FA;) recorded a Total Income of Rs 97 crore for Q4FY24 growing 26% over Q4FY23. The Businesses together recorded a loss of Rs 22 crore for Q4FY24. FY24 Financial Highlights: Total Income for FY24 at Rs 47,501 crore grew 23% over FY23. The corresponding PBT grew 4% to Rs 4,623 crore. Jewellery: For the full year, Division recorded a Total Income growth of 20% to Rs 38,353 crore. The corresponding EBIT was Rs 4,726 crore at a margin of 12.3% for FY24. Watches & Wearables: For the full year, Division recorded a Total Income growth of 18% to Rs 3,904 crore. The corresponding EBIT was Rs 397 crore at a margin of 10.2% for FY24. EyeCare: For the full year, the EyeCare Division recorded a Total Income growth of 5% to Rs 724 crore. The corresponding EBIT at Rs 85 crore recorded a margin of 11.7% for the full year. Emerging Businesses: For the full year, the Total Income grew 28% to Rs 378 crore. The corresponding EBIT loss was Rs 93 crore for FY24. CK Venkataraman, Managing Director of the Company stated that: "FY24 was yet another satisfying year for Titan. Our Jewellery business continued to grow in prominence achieving a proud milestone of Rs 40,000+ crore in consumer sales. Together our brands of Tanishq, Mia, Zaya and Caratlane are meaningfully innovating and offering the best variety of choices for the discerning woman of tomorrow. Our Wearables business is making good strides contributing to the ambitious growth targets that the business has embarked upon. The EyeCare business has re-calibrated itself in this year of consolidation and has launched exciting new product launches for the fashion-conscious youth . Taniera's expansions are gathering pace, and their stores are accessible across the length and breadth of the country. Through their 'Weavershalas' initiative, the brand is assiduously striving to protect traditional heirloom methodologies whilst embracing modernity practices. As we look forward to FY25, all businesses of Titan Company Limited are single-mindedly continuing to focus on satisfying the ever-evolving needs of our lifestyle consumers ." Result PDF
03-05-2024

Titan Announces Dividend Of Rs 11

The dividend will be paid or dispatched on or after the seventh day from the conclusion of the AGM.
03-05-2024
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