| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 21,356 | 16,523 | +29.3% |
| EBITDA | 2,890 | 1,830 | +57.9% |
| EBITDA margin | 13.5% | 11.1% | +2.4 pts |
| Profit before tax | 2,427 | 1,480 | +64.0% |
| Net profit | 1,777 | 1,091 | +62.9% |
| EPS | ₹20.03 | ₹12.30 | +62.8% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 3,86,073 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 3,122 | 3,122 | 1,744 | 2,075 | 2,396 | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 53.0 | ||
| 11,378 | 11,378 | 10,286 | 7,838 | 2,195 | ||
| 3,94,329 | — | — | — | — | ||
| 92,417 | 87,584 | 60,456 | 51,084 | 40,575 | ||
| — | +44.9% | +18.3% | +25.9% | — | ||
| 9,415 | 8,355 | 5,694 | 5,292 | 4,879 | ||
| 10.2% | 9.5% | 9.4% | 10.4% | 12.0% | ||
| 8,517 | 7,529 | 5,001 | 4,708 | 4,438 | ||
| 5,760 | 5,073 | 3,337 | 3,496 | 3,274 | ||
| 6.2% | 5.8% | 5.5% | 6.8% | 8.1% | ||
| ₹64.72 | ₹57.00 | ₹37.49 | ₹39.28 | ₹36.52 | ||
| — | +52.0% | −4.5% | +7.6% | — | ||
| — | 5,590 | −548 | 1,759 | 1,370 | ||
| — | −902 | −494 | −691 | −432 | ||
| 4,688 | 4,688 | −1,042 | 1,068 | 938 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 3,86,073.1 | |
| - Cash, Equiv & ST Investments | 2,396.0 | 2,075.0 | 1,744.0 | 3,122.0 | 3,122.0 | |
| + Minority Interest | 53.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| + Total Debt | 2,195.0 | 7,838.0 | 10,286.0 | 11,378.0 | 11,378.0 | |
| Enterprise Value | — | — | — | — | 3,94,329.1 | |
| Revenue | 40,575.0 | 51,084.0 | 60,456.0 | 87,584.0 | 92,417.0 | |
| Growth %, YoY | — | +25.9 | +18.3 | +44.9 | — | |
| EBITDA | 4,879.0 | 5,292.0 | 5,694.0 | 8,355.0 | 9,415.0 | |
| Margin % | 12.02 | 10.36 | 9.42 | 9.54 | 10.19 | |
| EBIT | 4,438.0 | 4,708.0 | 5,001.0 | 7,529.0 | 8,517.0 | |
| Net Income | 3,274.0 | 3,496.3 | 3,337.0 | 5,073.0 | 5,760.0 | |
| Margin % | 8.07 | 6.84 | 5.52 | 5.79 | 6.23 | |
| EPS, Adj (current shares) | 36.52 | 39.28 | 37.49 | 57.00 | 64.72 | |
| Growth %, YoY | — | +7.6 | -4.5 | +52.0 | — | |
| Cash from Operations | 1,370.0 | 1,759.0 | -548.0 | 5,590.0 | — | |
| Capital Expenditures | -432.0 | -691.0 | -494.0 | -902.0 | — | |
| Free Cash Flow | 938.0 | 1,068.0 | -1,042.0 | 4,688.0 | 4,688.0 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Titan (NSE: TITAN) had a market capitalisation of ₹3,93,651 crore at the 29 October 2026 close (₹4,434.00 a share), a PE ratio of 68.3 on the last four quarters' profit and a price-to-book ratio of 25.07. In FY26 its consolidated net profit was ₹5,073 crore on revenue of ₹87,584 crore; in Q1 FY27 (April–June 2026) it was ₹1,777 crore, up 62.9% year on year. Its debt-to-equity ratio was 0.72 on 31 March 2026. Promoters held 52.90% of the shares on 30 September 2026.
Titan's PE ratio is 68.3 at the 29 October 2026 close (₹4,434.00 a share): a market capitalisation of ₹3,93,651 crore divided by consolidated net profit of ₹5,760 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹5,073 crore) it is 77.6.
Titan's net worth — shareholders' equity in its consolidated balance sheet — was ₹15,703 crore on 31 March 2026, up 35.1% from ₹11,624 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹3,93,651 crore at the 29 October 2026 close.
Titan's book value per share was ₹176.88 on 31 March 2026: shareholders' equity of ₹15,703 crore divided by the 88.78 crore shares in issue, up 35.1% from ₹130.93 a year earlier. The share price at the 29 October 2026 close was ₹4,434.00.
Titan's price-to-book (PB) ratio is 25.07 at the 29 October 2026 close: a market capitalisation of ₹3,93,651 crore divided by shareholders' equity (book value) of ₹15,703 crore on 31 March 2026. That is a book value of ₹176.88 per share against a share price of ₹4,434.00.
No. Titan had borrowings of ₹11,378 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.72. Its cash and current investments were ₹4,166 crore, so its net debt was ₹7,212 crore.
In FY26, Titan's return on equity (ROE) was 37.1% and its return on capital employed (ROCE) was 42.3%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 31.8% and ROCE 33.5%.
Titan's market capitalisation was ₹3,93,651 crore (₹3.94 lakh crore) at the 29 October 2026 close: 88.78 crore shares at ₹4,434.00 each.
Titan's basic earnings per share (EPS) were ₹57.00 in FY26, against ₹37.62 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹64.64.
In 2026, Titan has declared one dividend: ₹15 with record date 9 July 2026.
Titan's debt-to-equity ratio was 0.72 on 31 March 2026: borrowings of ₹11,378 crore against total equity of ₹15,703 crore. A year earlier, on 31 March 2025, it was 0.88.
Titan's dividend yield is 0.34% at the 29 October 2026 close: dividends of ₹15 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹4,434.00. They were ₹15 on 9 July 2026.
Promoters held 52.90% of Titan on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, Titan's shares were held by promoters 52.90%, foreign portfolio investors (FII/FPI) 16.37%, domestic institutions (DII) 14.42% (including mutual funds at 8.01%) and retail and other non-institutional investors 16.20%. Over the year, FII holding was up 0.26 percentage points from 16.11% and DII holding was up 0.26 percentage points from 14.16%.
On FY26 consolidated figures, against Kalyan Jewellers India, Senco Gold and Asian Paints: Titan's operating margin of 8.6% is the third highest of the four (Kalyan Jewellers India 5.8%, Senco Gold 10.5%, Asian Paints 15.4%; peer average 10.6%); its return on equity of 37.1% is the highest of the four (Kalyan Jewellers India 24.3%, Senco Gold 25.6%, Asian Paints 21.2%; peer average 23.7%).
At the 29 October 2026 closing prices, on FY26 net profit, Titan's PE ratio is 77.6, the highest of the four: Kalyan Jewellers India 39.4, Senco Gold 8.7 and Asian Paints 51.0, a peer average of 33.0. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Titan generated ₹5,590 crore of cash from operations and spent ₹902 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹4,688 crore. In FY25 it was −₹1,042 crore.
Titan's latest results are for Q1 FY27 (April–June 2026), filed on 7 August 2026: consolidated net profit ₹1,777 crore, up 62.9% from ₹1,091 crore in Q1 FY26; revenue from operations ₹21,356 crore, up 29.3% year on year.
In FY26 (April 2025–March 2026), Titan's consolidated net profit was ₹5,073 crore, up 52.0% from ₹3,337 crore in FY25, on revenue from operations of ₹87,584 crore (up 44.9%). Over three years, from FY23, net profit was up 56.1%.
Titan will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.
In FY26, Titan earned net profit of ₹5,073 crore on revenue of ₹87,584 crore, against ₹1,350 crore on ₹35,743 crore for Kalyan Jewellers India. Titan's operating margin was 8.6% (Kalyan Jewellers India 5.8%) and its return on equity 37.1% (Kalyan Jewellers India 24.3%). At the 29 October 2026 close, Titan's market capitalisation was ₹3,93,651 crore against ₹53,186 crore for Kalyan Jewellers India, and its PE ratio on FY26 profit 77.6 against 39.4.
From Titan's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.