TC

Titan Company Ltd

Q2 FY27Consumer Durables

Titan Company Q2 Results 2026: PAT ₹2,393 Cr, Revenue ₹20,614 Cr

Q2 FY27 earnings call: what management said on revenue, margins and capex.

Revenue
₹20,614Cr
Net profit
₹2,393Cr
Margin
14.5%

Titan Company Ltd Q2 FY27 key numbers

Revenue
Buyer growth, especially in the sub ₹1 lakh segment, is a primary focus, with efforts on making jewellery more accessible through lightweight designs and diverse price points.

As stated in Titan Company Ltd's Q2 FY27 earnings call transcript · published 11 Nov 2026. Reported figures, not investment advice.

Price₹5,005
Market cap₹4.4L Cr
P/E62.6

The short version

Competitive intensity in the jewellery industry is expected to increase, with more organized jewellers expanding geographically and smaller jewellers becoming more active, often using discounting to r. Titan Company expects ongoing competitive intensity but aims to strengthen resilience and adapt strategies accordingly (Page 17).

From Titan Company Ltd's Q2 FY27 earnings-call transcript · updated 11 Nov 2026.

How did Titan Company's revenue grow in the September 2026 quarter?

Moderate growth
  • Competitive intensity in the jewellery industry is expected to increase, with more organized jewellers expanding geographically and smaller jewellers becoming more active, often using discounting to retain customers.
  • Titan believes in strengthening its strategies to successfully deal with rising competition and aims to maintain resilience.
  • Buyer growth, especially in the sub ₹1 lakh segment, is a primary focus, with efforts on making jewellery more accessible through lightweight designs and diverse price points.
  • Network expansion and store upgrades are underway to enhance brand exposure and attract customers.
  • The company anticipates healthier buyer growth potentially compensating for subdued ticket sizes due to softer gold prices.
  • Sustained margin guidance is anchored around 11%, with cautious optimism as gold price trends remain uncertain.

2 more points from Titan Company Ltd's call on revenue

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What happened to Titan Company's margins in Q2 FY27?

See what Titan Company Ltd said on profitability & margins — free account, 30 seconds.

What capex is Titan Company planning?

Capex planned
  • Titan Company Limited has approved raising ₹2,500 crores capital as a replenishment of some existing borrowing, not additional borrowing (Page 7).
  • Network expansion continues with adding more stores in existing and new cities across brands, along with upgrading stores to make them larger and more attractive (Page 13).
  • Investments are underway in brand building and talent, particularly for CaratLane, aimed at improving EBIT margins gradually (Page 4).

2 more points from Titan Company Ltd's call on capex

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Top-ranked in Consumer Durables

Ranked on what management guided this quarter

Guidance-ranked
1Nanta Tech
Rev 1Mar 1
2Deepa Jewellers
Rev 1Mar 2
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Is Titan Company raising money or cutting debt?

See what Titan Company Ltd said on fundraising & capital structure — free account, 30 seconds.

How big is Titan Company's order book?

The discussion primarily focuses on: - Competitive intensity in the jewellery market. - Margins guidance anchored around 11%. - Buyer growth and customer acquisition strategies. - Impact of gold price fluctuations on demand and margins. - Market competition from organized and smaller jewellers.

2 more points from Titan Company Ltd's call on order book

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What the Q2 FY27 call signalled

1 of 4 strong

RevenueModerate growth
MarginMargins steady
CapexCapex planned
FundraiseNo fundraise planned

Titan Company Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Titan Company Ltd Q2 FY27 results — key figures

Titan Company Ltd Q2 FY27 reported results vs year-ago quarter, ₹ crore
₹ CrQ2 FY27
Revenue20,614
Operating profit (EBITDA)2,984
Operating margin14.5%
Profit before tax3,001
Net profit (PAT)2,393
EPS (₹)26.96

Source: Titan Company Ltd's results filing to NSE (consolidated), ₹ crore.

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹20.6K Cr, net profit ₹2.4K Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were Titan Company Ltd Q2 FY27 results?

Competitive intensity in the jewellery industry is expected to increase, with more organized jewellers expanding geographically and smaller jewellers becoming more active, often using discounting to r. Titan Company expects ongoing competitive intensity but aims to strengthen resilience and adapt strategies accordingly (Page 17).

What is Titan Company Ltd share price analysis?

Titan Company Ltd currently shows a below-average growth signal. The stock trades at a P/E of 62.6 with a market cap of ₹444,871 Cr. Investors should review the full earnings analysis for detailed insights.

Is Titan Company Ltd planning capital expenditure?

Titan Company Limited has approved raising ₹2,500 crores capital as a replenishment of some existing borrowing, not additional borrowing (Page 7).

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.