Titan Company Ltd
Fortune 500 2024
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OVERVIEW
FINANCIALS
NEWS
About
What started as the Titan Watch Project in 1984 is what we now know as the Titan Company. Today, it is divided into three major segments - Watches and wearables, EyeCare, and Jewellery. However, it has diversified its products to include Indian wear, fragrances, and fashion accessories. Titan Raga, Skinn, Zoop, Fastrack, and Titan EyePlus are some of the brands associated with Titan Company. Titan’s girl child programs, drives for skilling and placement of less privileged youth, and promotion of Indian arts and crafts emphasize inclusion and sustainability in its corporate practices. Innovation is vital to its functioning as evidenced by the Titan Innovation Council (TIC) set up to ensure pioneering processes or products for its consumers.
Incorporation Year: 1984
Headquarters: Bangalore
Top Management: Tata Group
Industry: Gems & Jewellery
Website: www.titancompany.in
Featured In Fortune India Ranking
Fortune 500 India
#48(2024)
#58(2023)
#59(2022)
#80(2021)
#68(2020)
#74(2019)
#90(2018)
#105(2017)
#110(2016)
#105(2015)
#128(2014)
#114(2013)
#105(2012)
#115(2011)
#143(2010)
#48(2024)#58(2023)#59(2022)#80(2021)#68(2020)#74(2019)#90(2018)#105(2017)#110(2016)#105(2015)#128(2014)#114(2013)#105(2012)#115(2011)#143(2010)
Ranking Trend Fortune 500 India
Financial Data 2024
Revenue
54,289
(INR Cr)
Net Operating Income
51,084
(INR Cr)
Assets
25,212
(INR Cr)
Profit
3,496
(INR Cr)
Net Worth
9,393
(INR Cr)
Fortune India Coverage
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Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 54289 25.9% | 43118 27.5% | 33828 - | 21708 -1.7% | 22083 6.5% | 20738 20.7% | 17187 26.0% | 13643 18.2% | 11541 -5.3% | 12189 9.3% | 11147 1.0% | 11037 13.9% | 9694 36.8% | 7089 44.5% | 4907 19.8% | 4096 - |
| Net Operating Income (INR Cr) | 51084 25.90% | 40575 40.89% | - | 21644 2.81% | 21052 6.44% | 19779 22.70% | 16120 21.56% | 13261 17.60% | 11276 -5.35% | 11913 9.02% | 10927 7.94% | 10123 14.41% | 8848 35.44% | 6533 36.70% | 4779 22.20% | 3911 28.06% |
| Profit (INR Cr) | 3496 7.6% | 3250 49.6% | 2173 - | 973 -35.2% | 1501 6.9% | 1404 24.3% | 1130 58.8% | 711 5.5% | 675 -17.4% | 816 11.1% | 735 1.3% | 725 20.6% | 601 38.8% | 433 72.4% | 251 53.3% | 164 - |
| Assets (INR Cr) | 25212 17.2% | 21516 28.0% | 16811 - | 13300 27.8% | 10405 20.9% | 8609 24.8% | 6897 10.1% | 6262 68.0% | 3728 13.9% | 3274 -3.8% | 3404 67.3% | 2035 33.3% | 1526 32.8% | 1149 42.8% | 805 11.1% | 724 - |
| Net Worth (INR Cr) | 9393 -20.7% | 11851 27.4% | 9303 - | 7497 12.4% | 6669 9.9% | 6070 19.3% | 5090 20.3% | 4232 20.7% | 3506 13.7% | 3084 22.2% | 2523 28.1% | 1970 34.8% | 1461 41.1% | 1036 41.5% | 732 31.2% | 558 25.1% |
| Employee Cost (INR Cr) | 1864 13.2% | 1647 22.1% | 1349 26.7% | 1065 -11.2% | 1199 17.6% | 1019 13.0% | 902 1.3% | 890 27.9% | 696 10.1% | 632 17.0% | 540 10.3% | 490 23.2% | 398 7.6% | 370 33.8% | 276 17.7% | 235 - |
| Interest Cost (INR Cr) | 619 | 300 | 218 | 203 | 166 | 53 | 53 | 38 | 42 | 81 | 87 | 51 | 44 | 35 | 25 | 29 |
| Cash & Bank Balance (INR Cr) | 1526 | 1343 | 1573 | 560 | 381 | 1066 | 618 | 779 | 116 | 214 | 893 | 1139 | 967 | 1110 | 197 | 56 |
| Total Debt (INR Cr) | 15528 | 9367 | 7275 | 5638 | 3562 | 2393 | 1691 | 1882 | 113 | 100 | 807 | 0 | 6 | 68 | 73 | 167 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 6.4% | 7.5% | 6.4% | 4.5% | 6.8% | 6.8% | 6.6% | 5.2% | 5.8% | 6.7% | 6.6% | 6.6% | 6.2% | 6.1% | 5.1% | 4.0% |
| Profit As % Of Assets | 13.9% | 15.1% | 12.9% | 7.3% | 14.4% | 16.3% | 16.4% | 11.4% | 18.1% | 24.9% | 21.6% | 35.7% | 39.4% | 37.7% | 31.2% | 22.6% |
| Profit As % Of Networth | 37.2% | 27.4% | 23.4% | 13.0% | 22.5% | 23.1% | 22.2% | 16.8% | 19.2% | 26.5% | 29.1% | 36.8% | 41.2% | 41.8% | 34.3% | 29.4% |
| Interest Cost to EBITDA % | 11.7% | 6.2% | 6.6% | 11.8% | 6.7% | 2.6% | 3.3% | 3.6% | 4.5% | 7.0% | 8.3% | 5.0% | 5.2% | 5.6% | 6.4% | 10.2% |
| Debt to Equity Ratio | 1.65 | 0.79 | 0.78 | 0.75 | 0.53 | 0.39 | 0.33 | 0.44 | 0.03 | 0.03 | 0.32 | - | 0.00 | 0.07 | 0.10 | 0.30 |
| RONW | 32.9% | 31.0% | 26.2% | 13.8% | 23.4% | 24.9% | 23.6% | 20.0% | 20.5% | 29.1% | 32.7% | 42.3% | 48.2% | 49.0% | 39.0% | 32.7% |
| ROCE | 22.5% | 24.8% | 20.8% | 12.9% | 23.9% | 25.9% | 24.1% | 22.5% | 26.0% | 33.8% | 40.3% | 59.4% | 66.1% | 65.3% | 45.5% | 38.7% |