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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:
The projected decline in TITAN's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.
Financial Ratios:
| currentRatio | 1.276000 |
|---|---|
| forwardPE | 50.090145 |
| debtToEquity | 195.001000 |
| earningsGrowth | 0.351000 |
| revenueGrowth | 0.805000 |
| grossMargins | 0.197260 |
| operatingMargins | 0.062820 |
| trailingEps | 57.070000 |
| forwardEps | 85.671540 |
TITAN's current ratio of 1.276 reflects its strong liquidity position. The company has enough cash reserves and current assets to service its short-term debt obligations, signaling that TITAN is financially well-prepared to meet its liabilities without difficulty.
Titan Company Limited's high forward PE suggests a risk of overvaluation, which could curtail further price gains and lead to a correction. Investors should carefully weigh this metric alongside other fundamental indicators to gauge the stock's overall financial health.
TITAN's high debt-to-equity ratio indicates that the company is using more debt than equity to fund its operations. This high leverage could expose the company to greater financial risk, especially during periods of declining profitability.
TITAN's positive earnings and revenue growth suggest that the company is poised for business expansion. This financial strength indicates that TITAN is expected to continue growing, with rising profits and sales contributing to its long-term success.
TITAN's forward EPS exceeds its trailing EPS, indicating that the company is projected to be more profitable in the current financial year compared to the previous one. This suggests positive growth and improved earnings, signaling an optimistic outlook for TITAN's financial performance.
Price projections:
The price of TITAN has often been situated close to the lower end of projections. This consistent trend may signal difficulties for the company in achieving investor expectations for future performance.
Insider Transactions:
Titan Company Limited experienced 1 selling transactions, with market price of 4419.89990234375.No sell transactions were carried out during the period under review.TITAN has seen more buys than sells at its current price levels, which may suggest optimism among investors. This buying trend could indicate that the market expects a favorable performance for the stock in the near future.
Recommendation changes over time:
Analysts have shown a buy bias for TITAN, marking it as a favorable investment option. This could inspire investors to see TITAN as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.
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