1. Is Titan Company Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Titan Company Ltd is a good quality company.
2. Is Titan Company Ltd undervalued or overvalued?
The key valuation ratios of Titan Company Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
3. Is Titan Company Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Titan Company Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||44.2%||30.4%||27.1%||21.4%||17.6%||18.7%||19.8%||18.6%||9.8%||17.8%||-|
|Value Creation Index ⓘ||2.9||1.7||1.4||0.9||0.6||0.7||0.8||0.7||-0.1||0.6||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||7.9%||9.1%||-6.9%||16.4%||21.1%||22.1%||4.9%||3%||32.1%||-|
|Adj EPS ⓘ||8.1||8.4||9.3||7.9||9.5||13.3||16.7||17.1||9.9||25||34.8|
|YoY Gr. Rt. %||-||3.2%||11%||-15.3%||19.8%||40.3%||25.6%||2.6%||-42.1%||152.6%||-|
|BVPS (₹) ⓘ||22.1||28.4||34.8||39.8||48.6||58.5||69.6||76.7||84.9||105.3||127.1|
|Adj Net Profit ⓘ||722||745||826||701||839||1,178||1,479||1,517||878||2,218||3,092|
|Cash Flow from Ops. ⓘ||553||-551||508||567||1,768||299||1,249||-289||4,101||-1,126||-|
|Debt/CF from Ops. ⓘ||0||-1.5||0.2||0.2||1.1||5.4||1.8||-7.4||1||-4.8||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||13.3%||21.5%||14.5%||152.6%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||42.3||33.2||29.4||21.2||21.4||24.8||26||23.3||12.2||26.2||30|
|Op. Profit Mgn % ⓘ||10||9.7||9.7||8.4||9.4||11.1||11.3||12.1||8.3||12.1||13.3|
|Net Profit Mgn % ⓘ||7.1||6.8||6.9||6.3||6.5||7.5||7.8||7.6||4.3||8.2||9.1|
|Debt to Equity ⓘ||0||0.3||0||0||0.4||0.3||0.4||0.3||0.5||0.6||-|
|Working Cap Days ⓘ||135||146||144||197||181||149||147||164||171||173||0|
|Cash Conv. Cycle ⓘ||46||74||77||77||95||108||108||124||132||133||0|
Return on Equity has increased versus last 3 years average to 30.00%
Sales growth is growing at healthy rate in last 3 years 12.58%
Net Profit is growing at healthy rate in last 3 years 14.46%
Sales growth is good in last 4 quarters at 57.73%
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|TTM EPS (₹)||34.8||34.1|
|TTM Sales (₹ Cr.)||33,820||35,976|
|BVPS (₹.) ⓘ||127.1||125.5|
|Reserves (₹ Cr.) ⓘ||11,193||11,049|
|From the Market|
|52 Week Low / High (₹)||1827.15 / 2790.00|
|All Time Low / High (₹)||1.17 / 2790.00|
|Market Cap (₹ Cr.)||2,18,848|
|Equity (₹ Cr.)||88.8|
|Face Value (₹)||1|
|Industry PE ⓘ||68.7|
Titan Company Ltd. (Titan), a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation (TIDCO), commenced its operations in 1984 under the name Titan Watches Limited. Titan is the fifth largest integrated own brand watch manufacturer in the world. Over the last three decades, Titan has expanded into underpenetrated markets and created lifestyle brands across different product categories. Titan is widely known for transforming the watch and jewellery industry in India and for shaping India's retail market by pioneering experiential retail. The Company continues to grow and set new standards for innovation and quality with each new offering.
Business area of the company
Titan Company Limited is engaged in offering watches, jewelry, Eyewear and others.
Products and Services
Watches & Accessories
Through the years, Titan has maintained its strong foothold in the watch market with the introduction of impeccably crafted collections made for the discerning customer. The Watch Products division is where the Titan story began. Today, this division has placed Titan Company among the world's largest retail networks and earned the company the place of fifth largest integrated watch manufacturer in the world. The division continues to add world-class brands to the company's portfolio.
In this segment its brand Tanishq has wide range of diamond, gold and platinum jewellery. Tanishq started its journey in 1994, challenging the established family jeweller system prevalent in India with the launch of 18K gold watches studded with precious stones. Over the years, it has evolved into one of the finest jewellery brands, synonymous with exquisite craftsmanship and superlative quality. Offering traditional and modern statement pieces in gold, diamond and platinum, Tanishq offers an experience nonpareil, taking into consideration every customer’s unique needs and preferences.
The third major venture of consumer business by Titan Company, Titan Eye+ redefined the way the organized optical retail market in India operates. It offers products a world class optical retail experience which not only showcases the best in contemporary design & style but also unsurpassed optical expertise thanks to the technical collaboration with Sankara Nethralaya, India's premier eye care institute. Through pioneering concepts such as the open touch-feel-browse format, complete transparency in pricing, contemporary styles, free insurance on spectacles backed by quality & trust that customers have come to expect from the House of Tata, Titan Eye+. It has recently introduced the remote online eye testing facility.
New Business Division
Taneira - With the aim to revive one of the oldest occupations in its country - handloom weaving, Titan launched its youngest brand, Taneira in January 2017. After travelling across the length and breadth of India, Taneira brings together some of the most exquisite collection of handlooms like Mugas from Assam, cottons from Chettinad, Tussars from Bhagalpur, Ikats from Gujarat, Andhra and Orissa, Jamdhanis from Bengal, Chikankari work from Lucknow, exotic Banarasi silks, exquisite Kanjeevarams, heirloom pieces like Patan Patolas, Muslin Jamdhanis and so on.
SKINN - With the combination of the best international fragrance expertise and one of India’s most trusted brands; SKINN Titan redefines the Indian fragrance industry with its product offering. Assuring the highest quality and bearing the hallmark of Titan, the SKINN range is specially crafted by blending exotic yet contemporary notes that are native to rarest and finest of the ingredients sourced from myriad locations across the world.
Brands of the company