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Titan Company’s brand Fastrack expects Rs 1,000 crore revenues for current fiscal

22 May 2014 Evaluate

Titan Company’s fashion brand- Fastrack, expects its turnover for the current fiscal to be around Rs 1,000 crore as against Rs 800 crore in the previous fiscal. The brand plans to add 70 newly-designed stores to its existing 157 stores. The company generally spends around five percent of the turnover on advertisements and brand building.

The brand is also looking at entering into new categories and would add a new category in the next two years. The leading fashion brand has recently introduced a new range of accessories for the summer with trendy sunglasses and backpacks. Fastrack sunglasses are priced from Rs 1,195 to Rs 2,295, the collection comprises of Aviators, Wayfarers and Sporty wraps while the backpacks are priced from Rs 1,195 to Rs 4,395.

Titan is India’s largest manufacturer of quartz watches and has a 60% market share in the Indian market. It is world’s sixth largest manufacturer of branded watches. It has a manufacturing and assembly unit at Hosur in Tamil Nadu.

Titan Co Share Price

4458.30 4.20 (0.09%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Titan Co 4458.30
Kalyan Jewell.India 412.60
Rajesh Exports 129.02
Senco Gold 323.80
Thangamayil Jeweller 3790.40
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