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RESEARCH REPORT ON TITAN

July 1, 2023

 RESEARCH REPORT ON TITAN

P1 1 - Shyam Advisory

 

 

 

 

Titan Company Limited is an India-based company, which is primarily involved in the manufacturing and sale of watches, jewelry, eyewear and other accessories and products. The Company’s segments include Watches and Wearables, Jewellery, Eyewear and Others. The Watches and Wearables segment includes brands, such as Titan, Titan Clock, Fastrack, Sonata, Zoop, Octane, Xylys, Helios, Titan Raga, Favre-Leuba, Nebula and SF. The Jewellery segment includes brands, such as Tanishq, Mia, Zoya and CaratLane. The Eyewear segment include Titan EyePlus brand. The Others segment includes fragrances, Indian dress wear and accessories. Its new business includes brands, such as Skinn and Taneira. The Company’s subsidiaries include Titan Engineering & Automation Limited, Caratlane Trading Private Limited, Favre Leuba AG, Titan Holdings International FZCO, Titan Commodity Trading Limited and TCL North America Inc., among others.

 

COMPANY PROFILE

Titan Company Limited
P2 1 - Shyam Advisory
Type Public
Traded as ·         BSE: 500114

·         NSE: TITAN

·         BSE SENSEX Constituent

·         NSE NIFTY 50 Constituent
ISIN INE280A01028
Industry Lifestyle
Founded 1984; 39 years ago
Founder Xerxes Desai
Headquarters Bangalore, Karnataka,

India
Area served Worldwide
Key people ·         N. Muruganandam (Chairman)

·         C. K. Venkataraman (MD, CEO)
Products Watches, Jewellery, Bags, Perfums, Belts, Wallets and Eyewear
Brands ·         Fastrack

·         Tanishq

·         Skinn by Titan

·         Titan Eyeplus

·         Sonata[4]

·         Favre-Leuba

·         Taneira
Revenue  ₹40,883 crore (US$5.1 billion) (2023)
Operating income  ₹4,447 crore (US$560 million) (2023)
Net income  ₹3,274 crore (US$410 million) (2023)
Total assets  ₹27,023 crore (US$3.4 billion) (2023)
Total equity  ₹11,904 crore (US$1.5 billion) (2023)
Owner ·         TIDCO (27.88%)

·         Tata Sons (25.02%)
Number of employees 7,500 (2020)
Parent Tata Group
Subsidiaries ·         Tanishq

·         Fastrack (fashion accessories)

·         Titan Engineering and Automation Limited

·         CaratLane

·         Favre-Leuba
Website titancompany.in

 

 

  • FUNDAMENTALS

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  • SHAREHOLDING

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FINANCIALS

 

  • REVENUE

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  • NET PROFIT

P6 - Shyam Advisory

 

 

 

 

 

  • EPS

P7 - Shyam Advisory

 

 

 

 

 

  • BVPS

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  • ROE

P9 - Shyam Advisory

 

 

 

 

 

  • DEBT TO EQUITY

P10 - Shyam Advisory

 

 

 

 

 

TECHNICAL ANALYSIS

P11 - Shyam Advisory

 

 

 

 

 

 

BUY TITAN BETWEEN 2950-3000 TARGET 3350, 3700

STOPLOSS 2550

(1-3 MONTHS)

P12 - Shyam Advisory

 

 

Indicators analysis of Titan Company (TITAN)

 

Indicator Name Indicator Value Indicator Signal
ADX 36, 9, 60 Buy
MACD 128, 123 Buy
Stochastics 79 Buy
CCI 199 Buy
RSI 62 Buy
OBV 6691167 Sell
VWAP 2984 Buy
ADL 0 Sell
ROC 5 Buy
Force Index 0 Sell

 

RATIO ANALYSIS

P13 - Shyam Advisory

 

 

 

 

 

 

 

 

Disclaimer: This research report is prepared by Shyam Advisory Limited, while making this report we have taken data from available sources and there may be errors in the data shown. We do not guarantee the accuracy of data and recommendation given in this report. Recommendation is for information purpose only. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the Intermediary or provides any assurance of returns to investors.

 

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