TITAN Titan Company Q4 FY26 Results (Consolidated)
Titan Company Limited announced its Q4 FY26 results today (May 19, 2026), showing steady growth across jewellery, watches, and eyewear segments, though margins were slightly impacted by gold price volatility. Q4 FY26 Financial Overview Metric Q4 FY26 YoY Change Revenue from Operations ₹14,980 crore ▲ 18% Net Profit ₹1,070 crore ▲ 9% EBITDA ₹1,620 crore ▲ 11% EBITDA Margin 10.8% ↓ 60 bps EPS ₹12.1 vs ₹11.1 last year Segment Highlights Jewellery (Tanishq, Mia, CaratLane): Revenue ₹12,400 crore (↑19% YoY). Growth driven by wedding season demand and new store additions. Margins slightly lower due to gold price fluctuations. Watches & Wearables (Titan, Fastrack, Sonata): Revenue ₹1,200 crore (↑14% YoY). Smartwatch segment grew 22% YoY. Eyewear (Titan Eye+): Revenue ₹210 crore (↑10% YoY). Expansion into tier-2 cities boosted volumes. Other Businesses (Fragrances, Accessories, Taneira): Revenue ₹170 crore (↑8% YoY). Taneira continues to expand footprint with 10 new stores. Management Commentary CEO C.K. Venkataraman stated that Titan’s diversified portfolio continues to deliver consistent growth despite gold price volatility. Focus remains on digital expansion and premiumization across segments. Outlook Expect continued momentum in jewellery and wearables. Margins may normalize as gold prices stabilize. FY27 guidance: double-digit revenue growth with improved profitability.
