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How Titan Company's expansion plans may impact its margins

 Titan Company Limited, an Indian listed entity, is primarily engaged in the manufacturing and selling of jewellery and has also penetrated into segments such as watches, eyewear, sarees, Indian wear and accessories & products. As of the end of Q1 FY23, it had 2,303 stores with a total retail area of more than 2.9 million sqft under operations, with a presence in 366 towns, 10 manufacturing and assembly facilities and around 9,500 employees.
10-08-2022
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Titan Company Limited - 500114 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

 Intimation towards issue of Duplicate Share Certificate under Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
09-08-2022
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Titan Company Limited - 500114 - Announcement under Regulation 30 (LODR)-Newspaper Publication

 Newspaper publication for unaudited financial results for the first quarter ended 30th June 2022
06-08-2022

Here's what Jhunjhunwala asked Titan management after Q1 results

 The company management also informed Jhunjhunwala that it has opened up a second Fastrack Prescription eyewear retail store, to cater to the youth segment. It plans to add 5-6 stores in the Bengaluru city and take the number to 25 across the country. The company said it is expanding into the lifestyle segment.
06-08-2022
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Titan Company Limited - 500114 - Analyst Call Recording.

 Analyst Call Recording.
05-08-2022

Results Earnings Call for Q1FY23 of Titan Company

 Conference Call with Titan Company Management and Analysts on Q1FY23 Performance and Outlook. Listen to the full earnings transcript.
05-08-2022
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Titan Company Limited - 500114 - Announcement under Regulation 30 (LODR)-Investor Presentation

 First quarter earnings call for Q1 FY 2022-23 - Investors Presentation.
05-08-2022
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Q1FY23 Quarterly Result Announced for Titan Company Ltd.

 Gems & Jewellery company Titan Company announced Q1FY23 Result : Titan records revenue growth of 199% in Q1 FY 2022-23 Titan Company recorded its second-best quarterly revenue in Q1FY23 buoyed by a strong festive demand in a near normal Q1 that came after a gap of two Covid disrupted periods of Q1 FY21 and Q1 FY22. Total income for the quarter was, 8,649 crores, a growth of 199%, compared to Rs 2,890 crores of Q1 FY22 (excluding bullion sale). The Company also recorded one of the highest profits of Rs 1,066 crores (before taxes) for the quarter in comparison to Rs 82 crores in Q1 FY22. Jewellery business registered an income of Rs 7,600 crores in Q1 FY 23 compared to Rs 2,467 crores in Q1 FY22 (excluding bullion sale), a growth of 208% riding on a good Akshaya Tritiya sales and a better studded mix compared to the same quarter previous year. Watches & Wearables business reported its best quarterly income of Rs 785 crores with 169% growth in Q1 FY23 compared to Rs 292 crores in Q1 FY22. Similarly, EyeCare business also reported its highest quarterly income of Rs 183 crores with 173% growth in Q1FY23 compared to Rs 67 crores in Q1 FY22. Other businesses comprising Indian dress wear and Fragrances & Fashion Accessories reported an income of Rs 56 crores in Q1 FY23 compared to Rs 14 crores in Q1 FY22, a growth of 300%. Jewellery business reported an EBIT of Rs 1,027 crores in Q1 FY23 compared to Rs 207 crores in the same quarter of the previous year. Watches & Wearables business reported an of EBIT Rs 103 crores in Q1 FY23 compared to a loss of Rs 56 crores in the same quarter of the previous year. EyeCare business reported an EBIT of Rs 36 crores in the quarter compared to a loss of Rs 13 crores in the same quarter of the previous year. Other businesses reported a loss of Rs 10 crores as compared to a loss of Rs 16 crores in the same quarter of the previous year. The Company has added (net) 125 stores during the year. The Company's retail chain (including Caratlane) has 2,303 stores across 366 towns with an area exceeding 2.9 million sq. ft. as on June 2022. Mr.CK Venkataraman, Managing Director of the Company stated that: "The financial year has begun well for us and we delivered a strong performance in Q1 across our business segments. Despite challenging macro environment, the outlook for the remaining quarters looks positive and we continue to execute our investment plans in India as well as chosen international geographies." Result PDF
05-08-2022
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Titan Company Limited - 500114 - Board Meeting Outcome for Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended 30Th June 2022

 Unaudited Financial Results (standalone and consolidated) for the quarter ended 30th June 2022
05-08-2022
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Titan Company Limited - 500114 - Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended 30Th June 2022.

 Unaudited Financial Results (standalone and consolidated) for the quarter ended 30th June 2022.
05-08-2022
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