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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 under Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
29-10-2021

Buy Titan Company; target of Rs 2651: Prabhudas Lilladher

Prabhudas Lilladher is bullish on Titan Company has recommended buy rating on the stock with a target price of Rs 2651 in its research report dated October 27, 2021.
28-10-2021

Earnings Call for Q2FY22 of Titan

Conference Call with Titan Company Management and Analysts on Q2FY22 Performance and Outlook. Listen to the full earnings transcript. Rakesh Jhunjhunwala's commentary.
27-10-2021
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Titan Company Ltd - 500114 - Announcement under Regulation 30 (LODR)-Investor Presentation

Second quarter earnings call for FY 2021-22 -Investors Presentation
27-10-2021
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Titan Company Limited - 500114 - Announcement under Regulation 30 (LODR)-Investor Presentation

Second quarter earnings call for FY 2021-22 -Investors Presentation
27-10-2021
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Q2FY22 Quarterly Result Announced for Titan Company Ltd.

Highlights Titan records revenue growth of 78% in Q2 FY 2021-22 Riding on the strong recovery in demand across its consumer businesses, Titan's revenue excluding bullion sales grew by 78% in Q2 FY22 compared to Q2 FY21. With Jewellery division doing exceeding well, and other divisions swiftly bouncing back to pre-pandemic levels, total income for the quarter was Rs. 7,220 crore, including bullion sale of Rs. 192 crore, a growth of 64% compared to total income of Rs. 4,389 crore in Q2 FY21 that included bullion sale of Rs. 391 crore. The total income for H1 FY22 was Rs. 10,534 crore, registering a growth of 67% compared to Rs. 6,290 crore in H1 FY21. The Jewellery division witnessed a demand resurgence and made a strong recovery registering an income of Rs. 6,106 crore with 77% growth in Q2 FY22 compared to Rs. 3,446 crore in Q2 FY21 (excluding bullion sale in both the periods). The Watches and Wearables business recorded an income of Rs. 687 crore with 72% growth in Q2 FY22 compared to Rs. 400 crore in Q2 FY21. The Eyewear business recorded an income of Rs. 160 crore with 70% growth in Q2 FY22 compared to Rs. 94 crore in Q2 FY2 l. The other segments of the Company comprising Indian Dress Wear and, fragrances & accessories recorded an income of Rs. 46 crore in Q2 FY22 compared to Rs. 23 crore in Q2 FY21 The strong recovery coupled with the product mix improvement helped the Company achieve profit before tax of Rs. 868 crore for the quarter compared to Rs.238 crore in the same quarter previous year. The Company recorded a profit before tax of Rs.950 crore for the first half of this fiscal year against a loss of Rs.97 crore in the same period previous year. The Jewellery division achieved Earnings Before Interest and Tax (EBIT) of Rs. 793 crore for the quarter compared to Rs.285 crore in the same quarter of previous year. The Watches and Wearables division reported an EBIT of Rs. 92 crore for the quarter against a loss of Rs. 4 crore in the same quarter of previous year. Eyewear division reported an EBIT of Rs. 37 crore in the second quarter compared to Rs. 9 crore in the same quarter of previous year. The other segments of the Company recorded a loss of Rs. 1 crore compared to a loss of Rs. 10 crore in the same quarter of the previous year. The Company's retail chain (including CaratLane), spreads across 1,969 stores in 308 towns having an area exceeding 2.6 million sq. ft. In the 6-month period from April21 to September21 , the Company has added (net) 60 stores. Of the principal subsidiaries of the Company, Titan Engineering & Automation Limited (TEAL) recorded revenue of Rs. 51 crore and a loss of 1 crore in Q2 FY22 compared to revenue of Rs. 89 crore and profit before tax of Rs. 18 crore in Q2 FY21. The order win and pipeline are robust and supply chain deliveries are improving as shortage of semiconductors and logistics restrictions continue to ease. CaratLane Trading Private Limited continued to do well in both online and offline channels emerging as a strong omni player. For Q2 of FY22, it clocked revenue of Rs. 289 crore and a profit before tax of Rs. 10 crore compared to revenue of Rs. 148 crore and a loss of Rs. 4 crore in Q2 FY21. Mr.CK Venkataraman, Managing Director of the Company stated that: "Titan's strong growth this quarter was underpinned by demand recovery being witnessed in all segments of the Company. Our stores were fully operational, returning to pre-pandemic normalcy in most parts of the country with continued focus on health and safety of our customers, business partners and our employees. Titan's store expansions have gained traction during the quarter, which was partially disrupted in the pandemic period. Our strong digital presence combined with trusted offline experience gives a positive outlook for the overall performance of the Company for the rest of the fiscal year." Result PDF
27-10-2021
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Titan Company Ltd - 500114 - Unaudited Financial Results (Standalone And Consolidated) For The Second Quarter And Half Year Ended 30Th September 2021

Unaudited Financial Results (standalone and consolidated) for the second quarter and half year ended 30th September 2021
27-10-2021

Titan's jewellery division says people are getting more comfortable with shopping online

In an exclusive interaction with Business Today, Ajoy Chawla, CEO of Titan's jewellery division, speaks about the impact of the pandemic on the jewellery market, the rise of online retail, and expansion plans for its brand, Zoya.
26-10-2021

Hot Stocks | Here is why you should sell Titan Company and United Breweries

Since the weekly chart of midcap index is showing a bearish formation, which can be termed as 'Engulfing' candle, we advise traders not to create aggressive longs in high beta counters, said Sameet Chavan of Angel One.
25-10-2021
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