Titan Company Share Price Target 2024, 2025 to 2030-Returns 181% in the Past 5 Years: This article explores Titan Company’s Share Price Target for 2024-2030, covering its performance, stock market updates, financial health, shareholding pattern, and competitors. Titan Company, a prominent player in the Indian jewellery, watches, and eyewear markets, has demonstrated significant growth over the past few years. The following analysis provides an overview of Titan Company’s market position, financial outlook, and future growth potential.
Overview of Titan Company Ltd
What is Titan Company Ltd?
Titan Company Ltd is a prominent Indian manufacturer specializing in fashion accessories, including jewellery, watches, and eyewear. Established in 1984 as a joint venture with TIDCO, Titan is now a part of the renowned Tata Group. Headquartered in Bengaluru, the company has grown to become one of India’s leading players in the accessories market. With a strong focus on innovation and customer satisfaction, Titan has expanded its reach both domestically and internationally. It continues to focus on broadening its product offerings and enhancing operational efficiency to maintain its leadership in the industry.
Key Features of Titan Company Ltd
- Diverse Product Portfolio: Specializes in jewellery, watches, and eyewear.
- Market Recognition: A leading player in the Indian fashion accessories market.
- Strategic Subsidiaries: Includes CaratLane and Titan Engineering & Automation Ltd., which contribute to its growth and innovation.
- Growth Focus: Continues to innovate and expand its product range to drive future success in the competitive market.
Information about Titan Company Ltd
| Information | Details |
|---|---|
| Website | titancompany.in |
| Headquarters | Bengaluru, India |
| Founded | 1984 |
| Founder | Xerxes Desai |
| Managing Director & CEO | C.K. Venkataraman |
| Number of Employees | 8,680 (2024) |
| Parent Organizations | Tata Group, Tata Sons, Tamil Nadu Industrial Development Corporation Limited |
| Revenue | ₹51,617 crores INR (US$6.5 billion, 2024) |
| Subsidiaries | CaratLane, Titan Engineering & Automation Ltd. |
| BSE Symbol | 500114 |
| NSE Symbol | TITAN |
Current Market Overview of Titan Company Ltd Share
As of December 2024, Titan Company’s share has shown a mixed performance. It is up by +1.79% today, but has decreased by -0.07% over the past week. The share has gained +0.4% in the last month, but has dropped by -7.82% over the past three months. Over the past year, it has declined by -5.23%, though its long-term growth remains strong with an impressive +186.61% return over the past five years.
Titan Company Ltd Share Fundamental Data
- Market Cap: ₹2,93,537 Cr.
- Current Price: ₹3,307
- High / Low: ₹3,887 / ₹3,056
- Stock P/E: 90.5
- Book Value: ₹110
- Dividend Yield: 0.33%
- ROCE: 22.7%
- ROE: 32.9%
- Face Value: ₹1.00
Market Position of Titan Company Ltd Share as of December 2024
| Time Period | Returns of Titan Company Ltd Share |
|---|---|
| 1 Day | 1.79% |
| 1 Week | -0.07% |
| 1 Month | 0.4% |
| 3 Months | -7.82% |
| 1 Year | -5.23% |
| 3 Years | 38.56% |
| 5 Years | 186.61% |
Titan Company Share Price Target for 2024, 2025, 2026, 2027, 2028, 2029, 2030
Titan Share Price Target in 2024
In 2024, the share price target for Titan Company Ltd is expected to range between ₹3,590 and ₹3,890, reflecting the company’s continued growth and market positioning.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹3,590 | ₹3,890 |
Titan Share Price Target in 2025
For 2025, Titan Company Ltd’s share price target is projected to range between ₹4,450 and ₹4,750, driven by its solid performance and growth in the fashion accessories market.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2025 | ₹4,450 | ₹4,750 |
Titan Share Price Target in 2026
In 2026, Titan’s share price target is estimated to range between ₹4,960 and ₹5,270, reflecting its expanding market presence and consistent performance.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹4,960 | ₹5,270 |
Titan Share Price Target in 2027
By 2027, the share price target for Titan is projected to range between ₹5,650 and ₹5,950, as the company continues to capitalize on its market strategies and innovation.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2027 | ₹5,650 | ₹5,950 |
Titan Share Price Target in 2028
In 2028, Titan’s share price target is expected to range between ₹6,290 and ₹6,590, supported by its long-term growth plans and market stability.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2028 | ₹6,290 | ₹6,590 |
Titan Share Price Target in 2029
For 2029, Titan’s share price target is projected to range between ₹7,050 and ₹7,350, reflecting its continued growth trajectory and market expansion.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2029 | ₹7,050 | ₹7,350 |
Titan Share Price Target in 2030
By 2030, Titan’s share price target is estimated to range between ₹7,760 and ₹8,060, driven by its sustained growth and competitive positioning in the market.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2030 | ₹7,760 | ₹8,060 |
Financial Health and Performance Analysis of Titan Company Ltd (FY 2020 – FY 2024)
Titan Company Ltd Financials: Income (P&L) (FY 2020 – FY 2024)
| Year | Total Revenue (₹ Cr) | Total Revenue Growth (%) |
|---|---|---|
| FY 2024 | 51,617.00 | 26.26% |
| FY 2023 | 40,883.00 | 40.82% |
| FY 2022 | 29,033.00 | 33.00% |
| FY 2021 | 21,830.00 | 2.95% |
| FY 2020 | 21,204.77 | 6.23% |
Titan Company Ltd Financials: Balance Sheet (FY 2020 – FY 2024)
| Year | Total Assets (₹ Cr) | Total Assets Growth (%) |
|---|---|---|
| FY 2024 | 31,550.00 | 16.75% |
| FY 2023 | 27,023.00 | 27.50% |
| FY 2022 | 21,194.00 | 28.82% |
| FY 2021 | 16,452.00 | 21.42% |
| FY 2020 | 13,549.79 | 15.66% |
Titan Company Ltd Financials: Cash Flow (FY 2020 – FY 2024)
| Year | Net Cash Flow (₹ Cr) |
|---|---|
| FY 2024 | 177.00 |
| FY 2023 | 13.00 |
| FY 2022 | 38.00 |
| FY 2021 | 106.00 |
| FY 2020 | -354.04 |
Titan Company Ltd Financials: Key Ratios (FY 2020 – FY 2024)
| Year | Return on Equity (%) | Return on Capital Employed (%) | Return on Assets (%) |
|---|---|---|---|
| FY 2024 | 37.21 | 34.89 | 11.08 |
| FY 2023 | 27.42 | 34.49 | 12.02 |
| FY 2022 | 23.35 | 29.73 | 10.25 |
| FY 2021 | 12.97 | 17.56 | 5.91 |
| FY 2020 | 22.51 | 28.67 | 11.08 |
Analysis Summary
- Revenue Growth: Titan Company Ltd demonstrated strong revenue growth of 26.26% in FY 2024, a solid recovery from the 40.82% growth in FY 2023. This follows a steady growth trajectory, with the company seeing an increase of 33% in FY 2022 and a smaller growth of 2.95% in FY 2021. The revenue growth has been impressive over the years, reflecting Titan’s market strength and successful strategies.
- Asset Expansion: Titan’s total assets grew by 16.75% in FY 2024, indicating continued asset expansion. This follows substantial increases in FY 2023 (27.50%) and FY 2022 (28.82%), with the company maintaining a healthy upward trend in asset growth over the past few years.
- Cash Flow Improvement: Titan showed a positive cash flow of ₹177.00 Cr in FY 2024, a significant improvement from the previous year’s marginal cash flow of ₹13.00 Cr. This is a substantial contrast to the negative cash flow of ₹-354.04 Cr in FY 2020, signaling better liquidity and operational efficiency.
- Profitability Ratios:
- Return on Equity (ROE): Titan’s ROE improved to 37.21% in FY 2024, up from 27.42% in FY 2023. This increase indicates the company’s ability to generate more profits from shareholders’ equity.
- Return on Capital Employed (ROCE): ROCE remained strong at 34.89% in FY 2024, slightly higher than the 34.49% in FY 2023. This stability reflects Titan’s effective use of its capital.
- Return on Assets (ROA): The ROA decreased slightly to 11.08% in FY 2024, down from 12.02% in FY 2023. Despite the dip, the ROA continues to reflect a healthy return on the assets Titan is utilizing.
How to Buy Titan Company Ltd Shares
- Choose a Broker: Select a trusted brokerage platform that offers access to Titan Company Ltd shares. Some popular platforms include:
- Zerodha
- Upstox
- Angel One
- ICICI Direct
- HDFC Securities
- Open a Trading Account: Set up a Demat and trading account with the chosen broker. Most platforms offer a simple online registration process.
- Complete KYC: Provide the necessary documents for Know Your Customer (KYC) verification, including ID and address proof. This process can typically be completed online.
- Deposit Funds: Transfer funds into your trading account through bank transfers, UPI, or other available methods.
- Search for the Company Shares: Look for Titan Company Ltd shares using its name or ticker symbol (BSE: 500114) on the trading platform.
- Place an Order: Specify the number of shares you wish to buy and place either a market or limit order, depending on your preference.
- Confirm Purchase: Review your order details and confirm the transaction to complete the purchase.
Titan Share Price Target for the Next 5 Years
Titan Company Ltd is expected to experience strong growth, supported by its robust market presence and effective strategies. Below are the projected share price targets for the next five years:
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2024 | ₹3,590 | ₹3,890 |
| 2025 | ₹4,450 | ₹4,750 |
| 2026 | ₹4,960 | ₹5,270 |
| 2027 | ₹5,650 | ₹5,950 |
| 2028 | ₹6,290 | ₹6,590 |
Shareholding Pattern of Titan Ltd
Promoters:
- No. of Shares: 46,96,01,920
- Percentage: 52.90%
- % Change QoQ: 0.00%
Pledge:
- No. of Shares: 0
- Percentage: 0.00%
- % Change QoQ: 0.00%
FII (Foreign Institutional Investors):
- No. of Shares: 16,17,65,605
- Percentage: 18.23%
- % Change QoQ: 0.02%
DII (Domestic Institutional Investors):
- No. of Shares: 9,95,99,366
- Percentage: 11.22%
- % Change QoQ: 0.61%
MF (Mutual Funds):
- No. of Shares: 5,50,16,051
- Percentage: 6.20%
- % Change QoQ: 0.57%
Others:
- No. of Shares: 15,68,19,269
- Percentage: 17.65%
- % Change QoQ: -0.64%
Pros and Cons of Titan Ltd
Pros:
- Strong Promoter Holding: Titan Ltd has a dominant promoter shareholding of 52.90%, which signifies the management’s confidence in the company’s future growth.
- Growing Institutional Investor Interest: The company has strong participation from foreign and domestic institutional investors, ensuring a broad base of support.
- Market Leadership: Titan is a leading player in the jewellery and fashion accessories markets, with a well-established brand reputation and diverse product offerings.
Cons:
- High Promoter Concentration: While a high promoter stake signals confidence, it also means limited free float, which can affect liquidity and market volatility.
- Limited Pledge of Shares: The company’s zero pledged shares reflect financial stability, but the lack of additional institutional or foreign capital commitment can pose a risk if the market becomes unstable.
- Fluctuating Market Conditions: As a major player in luxury items like jewellery, Titan is sensitive to economic cycles and fluctuations in consumer spending, especially during downturns.
Peer Competitors of Titan Ltd in the Diamond, Gems, and Jewellery Industry
| Name | Share Price (₹) | Market Cap (₹ Cr) |
|---|---|---|
| Titan Company | 3,306.85 | 2,93,536.91 |
| Kalyan Jewellers | 722.10 | 74,485.84 |
| P N Gadgil Jewellers | 719.30 | 9,757.92 |
| PC Jeweller | 171.92 | 9,240.89 |
| Senco Gold | 1,149.80 | 8,945.07 |
| Rajesh Exports | 234.52 | 6,915.71 |
| Sky Gold | 3,812.55 | 5,508.52 |
(FAQ)
1. What is Titan Ltd’s current share price?
- Titan Ltd’s current share price is ₹3,306.85.
2. What is the market capitalization of Titan Ltd?
- Titan Ltd has a market capitalization of ₹2,93,536.91 crores.
3. Who are Titan Ltd’s competitors in the jewellery industry?
- Some of Titan Ltd’s competitors in the diamond, gems, and jewellery industry include:
- Kalyan Jewellers: ₹722.10 (Share Price) | ₹74,485.84 Cr (Market Cap)
- P N Gadgil Jewellers: ₹719.30 (Share Price) | ₹9,757.92 Cr (Market Cap)
- PC Jeweller: ₹171.92 (Share Price) | ₹9,240.89 Cr (Market Cap)
- Senco Gold: ₹1,149.80 (Share Price) | ₹8,945.07 Cr (Market Cap)
- Rajesh Exports: ₹234.52 (Share Price) | ₹6,915.71 Cr (Market Cap)
- Sky Gold: ₹3,812.55 (Share Price) | ₹5,508.52 Cr (Market Cap)
4. What is the expected performance of Titan Ltd’s shares in the future?
- The share price target for Titan Ltd for the year 2024 is projected to range between ₹3,590 and ₹3,890, with steady growth expected due to its strong market position and innovation in the jewellery sector.
5. How can I buy Titan Ltd shares?
- You can buy Titan Ltd shares through brokerage platforms such as Zerodha, Upstox, Angel One, ICICI Direct, and HDFC Securities. You will need to open a Demat and trading account, complete the KYC process, deposit funds, and place an order for the shares.
6. What is Titan Ltd’s shareholding pattern?
- Promoters: 52.90%
- Foreign Institutional Investors (FII): 18.23%
- Domestic Institutional Investors (DII): 11.22%
- Mutual Funds (MF): 6.20%
- Others: 17.65%
7. How are Titan Ltd’s financials performing in comparison to its competitors?
- Titan Ltd is performing well with a strong market capitalization compared to competitors such as Kalyan Jewellers and P N Gadgil Jewellers, which have smaller market caps. Titan’s P/E ratio of 90.51 and ROCE of 22.70% reflect its strong financial position.
