Titan share price today

Titan Company Ltd's share price was ₹5,000.00 at the close on 6 November 2026. It has been rising for 74 weeks. That is 12.7% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹3,814 and ₹5,165, and at that close it sat 88% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Titan Company Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row.

Over the last 11 years the share price moved +1,412% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the June 2026 quarter revenue was ₹21,356 crore, +29.3% on a year earlier.

   Why: Sales rose because every brand, business and subsidiary grew.

   Next results: check whether jewellery sales grow at the healthy double-digit pace management promised.

   From the earnings call on 7 Aug 2026.

2. Best operating margin in 15 quarters

   Operating margin was 14% in the June 2026 quarter, against 11% a year earlier.

   Why: Margins rose because jewellery profit got a customs duty payment and a gain from revaluing gold stock.

   From the earnings call on 7 Aug 2026.

For April to June 2026 (the quarter ended 30 June 2026), Titan reported revenue of ₹21,356 crore, up 29.3% from ₹16,523 crore a year earlier, and a profit of ₹1,777 crore, up 62.9% from ₹1,091 crore.

Titan results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Titan's management discussed these results on a call held on 7 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Titan closed at ₹5,000.00 on 6 November 2026, up 32.7% from ₹3,768.80 a year earlier (7 November 2025) and up 105.6% over five years. Its highest weekly close since February 2016 was ₹5,165.00 on 28 August 2026.

Titan share price: then and now

Weekly closing prices. Each change is the move from that price to the 6 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

565 weekly closes from 26 February 2016 to 6 November 2026.

6 Nov 2026: Titan closed at ₹5,000.00, up 12.4% on the week and up 13.5% on the month. 7 Aug 2026: Titan held its results call for April to June 2026. Management guided: Jewellery EBIT margin around 11% as full-year centre of gravity; studded mix, lower caratage, VCM and sourcing expected to support H2.

Earlier

• 9 Jul 2026: ex-date for a dividend of ₹15 a share.
• Results for April to June 2026: Revenue up 29.3% and profit up 62.9% on a year earlier.

Titan paid ₹15 a share in regular dividends in the 12 months to 7 November 2026 (1 payment), a yield of 0.30% at the ₹5,000.00 close on 6 November 2026. The last was a dividend of ₹15 a share, ex-date 9 July 2026.

Titan dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Titan Company Ltd paid out 26% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 7 November 2026.

On the call for April to June 2026, held on 7 August 2026, Titan's management guided: Jewellery EBIT margin around 11% as full-year centre of gravity; studded mix, lower caratage, VCM and sourcing expected to support H2.

“I think overall we are committed to, I'm just reiterating, we're committed to a double-digit healthy growth in value in the jewelry business because that's the only way we'll get to our committed FY27 goals that we've set.”Ajay Chawla, closing comments, on the call for April to June 2026

What management guided

• Customs-duty and inventory MTM gains expected to reverse over 2-3 quarters.
• Jewellery value growth planned at healthy double-digit levels to reach FY27 goals.
• June recovery viewed as fully offsetting May deferment with no Q2 spillover; gold coin growth expected to moderate.
• Overall international jewellery portfolio expected to be EBIT-positive for the full year despite Damas.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 7 August 2026.

What is changing at Titan, from the latest results and calls: organized sector formalization & market share gains, gold exchange & accessibility architecture and international expansion & damas integration.

• Organized Sector Formalization & Market Share Gains. Accelerating market share gains (50-60 basis points in FY26) as elevated gold prices drive consumer preference toward trusted national brands. ⚠ estimate
• Gold Exchange & Accessibility Architecture. Old gold exchange contributions (40-50% of sales) and lightweight/lower-caratage innovations buffer consumer affordability against gold spikes. ⚠ estimate
• International Expansion & Damas Integration. Damas 67% stake acquisition and international store rollouts expand retail footprint across GCC and North American markets. ⚠ estimate
• Subsidiary Engines Scaling, CaratLane & TEAL. CaratLane 22-23% revenue growth with 10-11% goal operating margin alongside TEAL aerospace and defense manufacturing expansion. ⚠ estimate

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Our read after the latest results, written 22 August 2026.

Jewellery customer volume growth turning negative for two consecutive quarters alongside sustained Tanishq domestic EBIT margins falling below 9.5%, indicating that gold inflation has permanently broken consumer accessibility and halted formalization market share gains.

Each change stops working if

• Organized Sector Formalization & Market Share Gains: Regional competitors match national brand trust through widespread hallmarking compliance and aggressive price discounting.
• Gold Exchange & Accessibility Architecture: Consumers pause gold recycling or gold price volatility triggers sharp margin compression in exchange transactions.
• International Expansion & Damas Integration: Prolonged geopolitical conflict in the GCC permanently impairs tourist footfalls and retail sentiment across Dubai and Saudi Arabia.
• Subsidiary Engines Scaling, CaratLane & TEAL: CaratLane fails to stabilize operating margins above 10% or TEAL experiences execution delays in aerospace component supply.

The main risks

• Gold Price Trajectory & Product Mix Margin Compression: Surging gold prices push consumer mix toward lower-margin bullion coins and lightweight pieces over higher-margin studded jewellery. ✓ fact
• Management Guidance Consistency & Margin Floor Retreats: Management retreated from the 11-11.5% jewellery EBIT margin floor commitment in May 2026, creating margin predictability uncertainty. ✓ fact
• International GCC & Damas Disruption Continuity: April to June 2026 Damas operations turned loss-making due to regional Middle East conflict reducing retail footfall and ticket sizes. ✓ fact
• Customer Volume Growth Deceleration: Customer volume growth slowed to 5% in April to June 2026 after 8% in January to March 2026 following a 9-month flat patch under high gold prices. ✓ fact

Our read after the latest results, written 22 August 2026.

When Titan reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Jewellery value growth and customer acquisition after late-July plain-gold softness - check delivery against the stated growth objective.

Titan is on 2 of our India lists: Nifty 50 companies and Gold & silver stocks.

Titan Company Ltd earned ₹1,777 Cr of net profit in the Jun 2026 quarter, +62.9% on the same quarter a year earlier. That is the 6th quarter in a row of profit growth. Full-year FY26 profit was ₹5,073 Cr. Over 10 years profit has grown 22.3% a year on average. That is 8.3% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹1,091 Cr.

For the full year, FY26 profit was ₹5,073 Cr (+52.0% on the year before).

Why profit moved: revenue changed +29.3% on a year earlier and the margin moved +3.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +54.6% and revenue +45.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

FY26-Q4. revenue ₹26,920 Cr and profit ₹1,179 Cr as reported.

FY27-Q1. revenue ₹21,356 Cr and profit ₹1,777 Cr as reported.

Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters.

Titan Company Ltd reported ₹21,356 Cr of revenue in the Jun 2026 quarter, +29.3% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 22.8% a year on average. The last full year, FY26, came in at ₹87,584 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹92,417 Cr.

FY26 revenue was ₹87,584 Cr, +44.9% on the year before.

Recent pace: the last four quarters grew +45.5% on average, against 22.8% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +45.1%, against +32.7% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +55.1%, against +29.1% a year (accelerating).

FY26-Q4. revenue ₹26,920 Cr and profit ₹1,179 Cr as reported.

FY27-Q1. revenue ₹21,356 Cr and profit ₹1,777 Cr as reported.

Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters.

Titan Company Ltd's operating margin was 14.0% in the Jun 2026 quarter, 3.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 8.0% and 12.0%. The latest quarter is above every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why this happened. Titan gained 50-60 basis points of market share in FY26 as higher gold prices accelerated consumer migration from regional/unorganized jewelers toward hallmarked, trusted brands like Tanishq. Customer preference for verifiable purity and transparent exchange programs provides a multi-year tailwind for organized retail consolidation.

Why the margin moved: operating margin changed +2.4 percentage points on the year while gross margin changed +2.9 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

FY26-Q4. revenue ₹26,920 Cr and profit ₹1,179 Cr as reported.

FY27-Q1. revenue ₹21,356 Cr and profit ₹1,777 Cr as reported.

Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters.

Over the last 3 years, 57% of Titan Company Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹5,590 Cr of operating cash against ₹5,073 Cr of profit. After ₹3,700 Cr of spending on assets, ₹1,890 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 57% of profit came in as cash: the cash cycle got 35 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: less of the profit turns into cash than it should, and the cash cycle is 35 days longer. The next section looks at where the cash is stuck.

Titan Company Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 211 days in FY26, up from 176 days in FY21. It spent ₹6,002 Cr on assets over the last 3 years. Customers take 4 days to pay, and stock sits for 222 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹87,584 Cr, each day of that cycle ties up about ₹240 Cr, so roughly ₹50,631 Cr is tied up in the business at any time.

FY26: customers took 4 days to pay and stock sat for 222 days, about 7.3 months of sales sitting as stock, for a full cycle of 211 days, longer than FY21's 176.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 222 days. Customers pay about 4 days after that. Suppliers are paid at 15 days. Together that makes the 211-day cycle.

Spending on assets: ₹6,002 Cr over the last 3 years, against ₹2,103 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹163 Cr (FY26): assets paid for that are not earning yet.

In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit.

Titan Company Ltd's P/E is 76.1×, in the middle of its own history: higher than 45% of past readings. Its usual P/E (the middle reading) is 78.0×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why this happened. CaratLane delivers omnichannel jewellery expansion aiming for younger demographics, with full-year margins near 10% and long-term EBITDA goals of 10-11%. Concurrently, TEAL precision engineering benefits from aerospace, defense, and China-plus-one manufacturing tailwinds, aiming for mid-to-long term normalized EBIT margins of 12-16%.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹64.89.