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Fundamentals for Titan Company Limited
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Fundamentals for Titan Company Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Luxury Goods
Titan Company Limited, together with its subsidiaries, manufactures and sells watches, jewelry, eyewear, and other accessories and products in India and internationally. It operates through four segments: Watches and Wearables, Jewellery, Eyecare, and Others. The company designs, manufactures, and retails watches and wearables under the Nebula by Titan, Xylys, Edge by Titan, Raga by Titan, Titan, Fastrack, Vyb by Fastrack, Sonata, POZE Sonata, ZOOP by Titan, Titan Clocks, Octane Titan, Fastrack Smart, Titan Smart, SF, Titan World, and Helios brands; jewelry products under the Mia by Tanishq, CaratLane, Tanishq, and Zoya brand names; and eyecare products under the Titan EyePlus and Fastrack Eyecare brands. It also offers sarees, dress materials, and ready-to-wear kurtas under the Taneira brand; perfumes under the SKINN by Titan brand name; belts and wallets under the TITAN brand; and bags under the Fastrack and IRTH brand names. In addition, it provides manufacturing services and automation solutions for aerospace, defense, transportation, electrical and electronics, and medical sectors. It offers its products through owned and franchised retail stores, as well as online. The company was formerly known as Titan Industries Limited and changed its name to Titan Company Limited in August 2013. Titan Company Limited was incorporated in 1984 and is based in Bengaluru, India.
Revenue projections:
TITAN is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.
Financial Ratios:
| currentRatio | 0.00000 |
|---|---|
| forwardPE | 62.54029 |
| debtToEquity | 223.01800 |
| earningsGrowth | 0.60800 |
| revenueGrowth | 0.43300 |
| grossMargins | 0.21306 |
| operatingMargins | 0.09860 |
| trailingEps | 53.80000 |
| forwardEps | 70.51454 |
TITAN's elevated forward PE ratio indicates that the stock may face limited price growth and is at risk for a correction. Investors should consider this metric alongside other fundamentals to accurately assess the stock's valuation.
TITAN's high debt-to-equity ratio indicates that the company is heavily leveraged. This suggests a significant reliance on debt to finance its operations, which could expose the company to higher financial risks if its cash flow or profitability decreases.
With both earnings and revenue growth showing positive trends, TITAN is expected to expand its business. This signals a healthy financial trajectory, suggesting that the company is positioned for continued growth and increasing profitability.
TITAN's forward EPS exceeding its trailing EPS reflects expectations of increased profitability for the current year. This suggests that the company is projected to achieve higher earnings than in the previous financial year, signaling positive growth and improved financial health.
Price projections:
Over time, Titan Company Limited's price projections have been revised higher, signaling growing confidence in the company's future. This upward trend suggests analysts anticipate strong performance and increased market value for Titan Company Limited.
Recommendation changes over time:
Analysts' buy bias for TITAN signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to TITAN, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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