Titan Company has reported 20% year-on-year (YoY) growth in its consumer businesses during Q2FY26. A total of 55 stores (net) were added during the quarter expanding Titan’s combined retail network presence to 3,377 stores. The domestic jewellery business delivered c.19% growth in Q2FY26. Surging gold prices drove substantial ticket size increases offsetting marginal YoY declines in buyer counts.
Watches domestic business clocked a strong quarter of c.12% YoY driven by analog segment clocking c.17% growth YoY. Growth was anchored by Titan brand posting strong double-digit growth and healthy volume offtake for the festive season. EyeCare's domestic business grew c.9% YoY led by healthy performance from international brands, sunglasses and growth in E-commerce channel.
In the Emerging Businesses (domestic), Fragrances grew c.48% YoY led by strong volume growths in Fastrack and Skinn, Women’s Bags grew c.90% YoY led by network expansion and Taneira grew c.13% YoY. The International Business grew c.86% YoY led by Tanishq more than doubling its business in the USA market and clocking strong double-digit growth in the GCC market.
Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags and belts.
| Company Name | CMP |
|---|---|
| Titan Co | 4385.95 |
| Kalyan Jewell.India | 412.55 |
| Rajesh Exports | 120.00 |
| Senco Gold | 313.20 |
| Thangamayil Jeweller | 3965.15 |
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