Titan Company Limited Logo

Titan Company Limited

TITAN.NS

(2.8)
Stock Price

3.780,95 INR

10.15% ROA

38.17% ROE

100.14x PER

Market Cap.

3.307.890.636.000,00 INR

114.87% DER

0.54% Yield

7.71% NPM

Titan Company Limited Stock Analysis

Titan Company Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Titan Company Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (37.68%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

4 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

5 DER

The stock maintains a fair debt to equity ratio (78%), indicating a reasonable balance between the money it owes and the ownership it possesses.

6 Dividend Growth

Investors can take confidence in the company's impressive track record of annual dividend growth over the last three years, showcasing a commitment to providing higher returns.

7 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (52.560), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

8 PBV

The stock's elevated P/BV ratio (31.87x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

9 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

11 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

Titan Company Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Titan Company Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Titan Company Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Titan Company Limited Revenue
Year Revenue Growth
2003 9.001.419.000
2004 10.792.756.000 16.6%
2005 14.398.166.000 25.04%
2006 20.906.492.000 31.13%
2007 29.968.775.000 30.24%
2008 38.326.389.000 21.81%
2009 46.771.554.000 18.06%
2010 65.329.724.000 28.41%
2011 88.484.277.000 26.17%
2012 101.165.867.000 12.54%
2013 109.333.985.000 7.47%
2014 119.058.100.000 8.17%
2015 112.594.500.000 -5.74%
2016 129.559.100.000 13.09%
2017 161.056.700.000 19.56%
2018 197.236.800.000 18.34%
2019 209.754.700.000 5.97%
2020 216.060.000.000 2.92%
2021 287.360.000.000 24.81%
2022 379.240.000.000 24.23%
2023 428.320.000.000 11.46%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Titan Company Limited Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 220.000.000 100%
2020 197.400.000 -11.45%
2021 201.400.000 1.99%
2022 212.900.000 5.4%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Titan Company Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 630.337.000
2004 863.861.000 27.03%
2005 1.266.023.000 31.77%
2006 1.704.416.000 25.72%
2007 2.146.970.000 20.61%
2008 2.559.766.000 16.13%
2009 0 0%
2010 1.434.192.000 100%
2011 0 0%
2012 2.147.311.000 100%
2013 2.616.422.000 17.93%
2014 41.700.000 -6174.39%
2015 42.000.000 0.71%
2016 50.200.000 16.33%
2017 54.000.000 7.04%
2018 61.800.000 12.62%
2019 96.600.000 36.02%
2020 1.310.000.000 92.63%
2021 1.710.000.000 23.39%
2022 2.560.000.000 33.2%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Titan Company Limited EBITDA
Year EBITDA Growth
2003 1.052.779.000
2004 829.105.000 -26.98%
2005 1.403.577.000 40.93%
2006 1.956.736.000 28.27%
2007 2.637.389.000 25.81%
2008 3.203.658.000 17.68%
2009 4.087.008.000 21.61%
2010 6.490.024.000 37.03%
2011 9.298.304.000 30.2%
2012 11.163.963.000 16.71%
2013 11.754.159.000 5.02%
2014 12.299.100.000 4.43%
2015 10.364.800.000 -18.66%
2016 12.410.400.000 16.48%
2017 17.154.600.000 27.66%
2018 22.820.400.000 24.83%
2019 25.852.400.000 11.73%
2020 26.250.000.000 1.51%
2021 35.170.000.000 25.36%
2022 51.880.000.000 32.21%
2023 61.440.000.000 15.56%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Titan Company Limited Gross Profit
Year Gross Profit Growth
2003 3.411.190.000
2004 4.192.677.000 18.64%
2005 5.365.557.000 21.86%
2006 7.204.098.000 25.52%
2007 8.676.180.000 16.97%
2008 10.541.284.000 17.69%
2009 46.771.554.000 77.46%
2010 18.136.468.000 -157.89%
2011 23.082.096.000 21.43%
2012 25.427.240.000 9.22%
2013 27.919.788.000 8.93%
2014 30.484.300.000 8.41%
2015 29.691.300.000 -2.67%
2016 34.177.200.000 13.13%
2017 43.631.800.000 21.67%
2018 52.762.300.000 17.3%
2019 57.688.000.000 8.54%
2020 51.660.000.000 -11.67%
2021 70.510.000.000 26.73%
2022 75.690.000.000 6.84%
2023 44.360.000.000 -70.63%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Titan Company Limited Net Profit
Year Net Profit Growth
2003 585.765.000
2004 209.317.000 -179.85%
2005 809.348.000 74.14%
2006 998.605.000 18.95%
2007 1.475.637.000 32.33%
2008 1.639.211.000 9.98%
2009 2.512.986.000 34.77%
2010 4.331.243.000 41.98%
2011 6.013.559.000 27.98%
2012 7.253.770.000 17.1%
2013 7.349.426.000 1.3%
2014 8.162.600.000 9.96%
2015 6.893.900.000 -18.4%
2016 6.972.800.000 1.13%
2017 11.300.900.000 38.3%
2018 14.041.500.000 19.52%
2019 15.013.900.000 6.48%
2020 9.730.000.000 -54.31%
2021 21.730.000.000 55.22%
2022 32.500.000.000 33.14%
2023 36.600.000.000 11.2%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Titan Company Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 1
2004 0 0%
2005 1 0%
2006 1 100%
2007 2 0%
2008 2 0%
2009 3 50%
2010 5 50%
2011 7 33.33%
2012 8 25%
2013 8 0%
2014 9 11.11%
2015 8 -28.57%
2016 8 12.5%
2017 13 33.33%
2018 16 20%
2019 17 6.25%
2020 11 -60%
2021 24 58.33%
2022 37 33.33%
2023 41 12.2%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Titan Company Limited Free Cashflow
Year Free Cashflow Growth
2003 650.959.000
2004 1.471.720.000 55.77%
2005 827.695.000 -77.81%
2006 543.112.000 -52.4%
2007 590.007.000 7.95%
2008 961.337.000 38.63%
2009 2.971.185.000 67.64%
2010 9.602.453.000 69.06%
2011 116.780.000 -8122.69%
2012 2.841.284.000 95.89%
2013 -7.675.720.000 137.02%
2014 2.932.600.000 361.74%
2015 3.250.900.000 9.79%
2016 14.850.500.000 78.11%
2017 -3.555.900.000 517.63%
2018 9.782.000.000 136.35%
2019 -7.024.300.000 239.26%
2020 39.930.000.000 117.59%
2021 -9.480.000.000 521.2%
2022 9.380.000.000 201.07%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Titan Company Limited Operating Cashflow
Year Operating Cashflow Growth
2003 732.041.000
2004 1.725.177.000 57.57%
2005 1.287.323.000 -34.01%
2006 1.559.127.000 17.43%
2007 1.076.906.000 -44.78%
2008 1.650.478.000 34.75%
2009 3.416.129.000 51.69%
2010 10.273.481.000 66.75%
2011 1.594.536.000 -544.29%
2012 4.529.645.000 64.8%
2013 -5.547.367.000 181.65%
2014 5.026.000.000 210.37%
2015 5.802.500.000 13.38%
2016 17.509.100.000 66.86%
2017 -507.400.000 3550.75%
2018 12.429.200.000 104.08%
2019 -3.474.100.000 457.77%
2020 41.390.000.000 108.39%
2021 -7.240.000.000 671.69%
2022 13.700.000.000 152.85%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Titan Company Limited Capital Expenditure
Year Capital Expenditure Growth
2003 81.082.000
2004 253.457.000 68.01%
2005 459.628.000 44.86%
2006 1.016.015.000 54.76%
2007 486.899.000 -108.67%
2008 689.141.000 29.35%
2009 444.944.000 -54.88%
2010 671.028.000 33.69%
2011 1.477.756.000 54.59%
2012 1.688.361.000 12.47%
2013 2.128.353.000 20.67%
2014 2.093.400.000 -1.67%
2015 2.551.600.000 17.96%
2016 2.658.600.000 4.02%
2017 3.048.500.000 12.79%
2018 2.647.200.000 -15.16%
2019 3.550.200.000 25.44%
2020 1.460.000.000 -143.16%
2021 2.240.000.000 34.82%
2022 4.320.000.000 48.15%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Titan Company Limited Equity
Year Equity Growth
2003 1.658.276.000
2004 1.739.201.000 4.65%
2005 2.365.656.000 26.48%
2006 3.371.110.000 29.83%
2007 4.457.995.000 24.38%
2008 5.578.646.000 20.09%
2009 7.319.135.000 23.78%
2010 10.356.191.000 29.33%
2011 14.609.190.000 29.11%
2012 19.698.523.000 25.84%
2013 25.227.423.000 21.92%
2014 30.838.700.000 18.2%
2015 34.900.000.000 11.64%
2016 42.323.800.000 17.54%
2017 50.898.700.000 16.85%
2018 60.842.300.000 16.34%
2019 66.731.500.000 8.83%
2020 75.020.000.000 11.05%
2021 93.330.000.000 19.62%
2022 119.040.000.000 21.6%
2023 124.650.000.000 4.5%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Titan Company Limited Assets
Year Assets Growth
2003 8.066.547.000
2004 8.258.385.000 2.32%
2005 9.005.825.000 8.3%
2006 12.159.135.000 25.93%
2007 16.061.900.000 24.3%
2008 17.834.355.000 9.94%
2009 21.051.872.000 15.28%
2010 37.568.892.000 43.96%
2011 47.158.851.000 20.34%
2012 58.832.752.000 19.84%
2013 61.114.386.000 3.73%
2014 58.682.900.000 -4.14%
2015 63.654.200.000 7.81%
2016 84.426.000.000 24.6%
2017 95.242.100.000 11.36%
2018 117.152.500.000 18.7%
2019 135.497.900.000 13.54%
2020 164.520.000.000 17.64%
2021 211.940.000.000 22.37%
2022 270.230.000.000 21.57%
2023 329.320.000.000 17.94%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Titan Company Limited Liabilities
Year Liabilities Growth
2003 6.408.271.000
2004 6.519.184.000 1.7%
2005 6.640.169.000 1.82%
2006 8.788.025.000 24.44%
2007 11.603.905.000 24.27%
2008 12.255.709.000 5.32%
2009 13.732.737.000 10.76%
2010 27.212.701.000 49.54%
2011 32.549.661.000 16.4%
2012 39.134.229.000 16.83%
2013 35.886.963.000 -9.05%
2014 27.844.200.000 -28.88%
2015 28.754.200.000 3.16%
2016 41.838.600.000 31.27%
2017 44.361.500.000 5.69%
2018 56.310.200.000 21.22%
2019 68.766.400.000 18.11%
2020 89.500.000.000 23.17%
2021 118.610.000.000 24.54%
2022 151.190.000.000 21.55%
2023 204.670.000.000 26.13%

Titan Company Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
472.58
Net Income per Share
37.21
Price to Earning Ratio
100.14x
Price To Sales Ratio
7.89x
POCF Ratio
330677.98
PFCF Ratio
330789.06
Price to Book Ratio
26.65
EV to Sales
8.22
EV Over EBITDA
63.62
EV to Operating CashFlow
344577.06
EV to FreeCashFlow
344577.06
Earnings Yield
0.01
FreeCashFlow Yield
0
Market Cap
3.307,89 Bil.
Enterprise Value
3.445,77 Bil.
Graham Number
342.13
Graham NetNet
-46.58

Income Statement Metrics

Net Income per Share
37.21
Income Quality
0
ROE
0.54
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.75
EBT Per Ebit
0.92
Ebit per Revenue
0.11
Effective Tax Rate
0.25

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.16
Operating Profit Margin
0.11
Pretax Profit Margin
0.1
Net Profit Margin
0.08

Dividends

Dividend Yield
0.01
Dividend Yield %
0.54
Payout Ratio
0
Dividend Per Share
20

Operating Metrics

Operating Cashflow per Share
0.01
Free CashFlow per Share
0.01
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.12
Return on Tangible Assets
0.1
Days Sales Outstanding
14.81
Days Payables Outstanding
14.5
Days of Inventory on Hand
188.2
Receivables Turnover
24.64
Payables Turnover
25.17
Inventory Turnover
1.94
Capex per Share
0

Balance Sheet

Cash per Share
66,41
Book Value per Share
139,82
Tangible Book Value per Share
135.91
Shareholders Equity per Share
139.82
Interest Debt per Share
165.39
Debt to Equity
1.15
Debt to Assets
0.43
Net Debt to EBITDA
2.55
Current Ratio
1.5
Tangible Asset Value
120,62 Bil.
Net Current Asset Value
70,25 Bil.
Invested Capital
1.15
Working Capital
92,15 Bil.
Intangibles to Total Assets
0.01
Average Receivables
8,51 Bil.
Average Payables
7,06 Bil.
Average Inventory
91630000000
Debt to Market Cap
0.04

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Titan Company Limited Dividends
Year Dividends Growth
2005 0
2006 0 0%
2007 1 0%
2008 1 0%
2009 1 100%
2010 2 0%
2011 1 0%
2012 2 0%
2013 2 50%
2014 2 0%
2015 2 0%
2016 2 0%
2017 3 0%
2018 4 33.33%
2019 10 70%
2020 8 -25%
2021 4 -100%
2022 8 42.86%
2023 20 65%

Titan Company Limited Profile

About Titan Company Limited

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 & Wearables, Jewellery, Eyewear, and Others. The company offers watches and accessories under the Titan Edge, Titan Raga, Nebula, Purple, Automatic, Octane, Fastrack, Titan HTSE, Zoop, Sonata, Favre-Leuba, SF, Xylys, and World of Titan. It also provides jewelry products under the Mia, CaratLane, Tanishq, and Zoya brands; and retails watches under the Helios brand. In addition, the company offers optical products under the Titan EyePlus brand, as well as Fastrack and Glares brands. Further, it provides a range of fragrance products under the SKINN brand; and sarees, lehengas, bridal wear, yardages, stoles, and dupattas under the Taneira brand, as well as engages in the precision component manufacturing and designing, and automation machines manufacturing activities for the aerospace and defense industries. The company offers its products through retail stores and dealers, as well as online. As of March 31, 2022, it operated approximately 2,718 stores with approximately 2.8 million square feet of retail space. 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.

CEO
Mr. Ajoy Chawla B.E., PGDM
Employee
7.857
Address
Integrity No. 193
Bengaluru, 560100

Titan Company Limited Executives & BODs

Titan Company Limited Executives & BODs
# Name Age
1 Ms. Revathi Kant
Chief Design Officer
70
2 Mr. Saumen Bhaumik
Chief Executive Officer of Eyewear
70
3 Mr. Ashok Kumar Sonthalia A.C.A., B.Sc.
Chief Financial Officer
70
4 Mr. Swadesh Kumar Behera
Chief People Officer
70
5 Mr. Krishnan Venkateswaran
Chief Digital & Information Officer
70
6 Mr. Ajoy Chawla B.E., PGDM
Chief Executive Officer- Jewellery
70
7 Mr. Coimbatore Krishnamurthy Venkataraman B.Sc., PGDM
MD & Director
70
8 Mr. Ravi Kuppuraj
Chief Operating Officer & Business Head of Titan Smart Wearables Business
70
9 Mr. Arun Narayan
Vice President & Head of Retail Tanishq
70
10 Mr. Dinesh Shetty
General Counsel, Compliance Officer & Company Secretary
70

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