Titan shares surge 7%, hit fresh 52-week high on 35% YoY PAT growth, 46% income surge

Shares of Titan Company surged 7% to hit a fresh 52-week high of Rs 4,605 on the NSE following the company’s Q4FY26 earnings, where it reported a consolidated net profit of Rs 1,179 crore in the March-ended quarter of FY26 versus Rs 871 crore in the year-ago period, implying a 35% growth. The company’s total income in Q4FY26 was up 46% to Rs 20,300 crore versus Rs 13,891 crore in the corresponding quarter of the previous financial year.

The company’s Earnings Before Interest and Taxes (EBIT) stood at Rs 1,875 crore in the quarter under review, rising 28% from Rs 1,470 crore in Q4FY25.

Along with the earnings, Titan’s Board also recommended a dividend of Rs 15 per equity share, which shall be paid within seven days from the conclusion of the 42nd Annual General Meeting, subject to the approval of the shareholders.

Building on its strong Q3 momentum, the jewellery business recorded another exceptional quarter of 50% growth over the year-ago period. New collections and continued strength of Titan’s exchange programmes powered robust 35% growth in both gold and studded product portfolios.

Consumer confidence in gold as both an adornment and a store of value remained intact, despite record high prices and volatility in the quarter, translating into healthy buyer engagement.

The watch business achieved a total income of Rs 1,222 crore for the quarter, growing 8% over Q4FY25 and achieving an EBIT of Rs 143 crore at an 11.7% margin. The business added 30 new stores (net) in the quarter, consisting of 17 stores in Titan World, 7 stores in Fastrack, 4 stores in Helios and 2 stores in Helios Luxe.

The domestic eyecare business achieved total income of Rs 227 crore in Q4FY26, growing 17% over Q4FY25 and recording an EBIT of Rs 21 crore at a 9.2% margin. Store optimisation efforts continued in the quarter with 37 refurbishments/renovations, 12 new store openings and 32 closures during the period.

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