Integrated Filing — IndAS
General information about company
| Scrip Code |
500114 |
| NSE Symbol |
TITAN |
| MSEI Symbol |
NOTLISTED |
| ISIN |
INE280A01028 |
| Name of company |
TITAN COMPANY LIMITED |
| Type of company |
Main Board |
| Class of security |
Equity |
| Date of start of financial year |
01-04-2026 |
| Date of end of financial year |
31-03-2027 |
| Date of board meeting when results were approved |
05-11-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed
to the exchange |
20-10-2026 |
| Description of presentation currency |
INR |
| Level of rounding used in financial results |
Lakhs |
| Reporting Type |
Quarterly |
| Reporting Quarter |
Second quarter |
| Nature of report standalone or consolidated |
Consolidated |
| Whether results are audited or unaudited for the quarter ended |
Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended |
Unaudited |
| Segment Reporting |
Multi segment |
| Description of single segment |
|
| Start date and time of board meeting |
05-11-2026 14:00:00 |
| End date and time of board meeting |
05-11-2026 16:15:00 |
| Whether cash flow statement is applicable on company |
Yes |
| Type of cash flow statement |
Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification |
Declaration of unmodified opinion |
Financial Results Ind-AS
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-07-2026 |
01-04-2026 |
| B |
Date of end of reporting period |
30-09-2026 |
30-09-2026 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
| 1 |
Income |
|
Revenue from operations |
20,61,400.00 |
41,97,000.00 |
|
Other income |
81,600.00 |
96,200.00 |
|
Total income |
21,43,000.00 |
42,93,200.00 |
| 2 |
Expenses |
| (a) |
Cost of materials consumed |
19,32,600.00 |
30,47,300.00 |
| (b) |
Purchases of stock-in-trade |
3,77,200.00 |
6,67,800.00 |
| (c) |
Changes in inventories of finished goods,
work-in-progress and stock-in-trade |
(8,07,600.00) |
(6,18,000.00) |
| (d) |
Employee benefit expense |
74,900.00 |
1,55,300.00 |
| (e) |
Finance costs |
53,600.00 |
88,900.00 |
| (f) |
Depreciation, depletion and amortisation expense
|
26,300.00 |
51,900.00 |
| (f) |
Other Expenses |
| 1 |
Advertising |
47,100.00 |
90,700.00 |
| 2 |
Other expenses |
1,38,800.00 |
2,66,500.00 |
|
Total other expenses |
1,85,900.00 |
3,57,200.00 |
|
Total expenses |
18,42,900.00 |
37,50,400.00 |
| 3 |
Total profit before exceptional items and tax |
3,00,100.00 |
5,42,800.00 |
| 4 |
Exceptional items |
0.00 |
0.00 |
| 5 |
Total profit before tax |
3,00,100.00 |
5,42,800.00 |
| 6 |
Tax expense |
|
| 7 |
Current tax |
63,900.00 |
1,29,300.00 |
| 8 |
Deferred tax |
(3,200.00) |
(3,400.00) |
| 9 |
Total tax expenses |
60,700.00 |
1,25,900.00 |
| 10 |
Net movement in regulatory deferral account balances related to profit or loss and
the related deferred tax movement |
0.00 |
0.00 |
| 11 |
Net Profit Loss for the period from
continuing operations |
2,39,400.00 |
4,16,900.00 |
| 12 |
Profit (loss) from discontinued operations before tax |
0.00 |
0.00 |
| 13 |
Tax expense of discontinued operations |
0.00 |
0.00 |
| 14 |
Net profit (loss) from discontinued
operation after tax |
0.00 |
0.00 |
| 15 |
Share of profit (loss) of associates and joint ventures accounted for using equity
method |
(127.00) |
100.00 |
| 16 |
Total profit (loss) for period |
2,39,273.00 |
4,17,000.00 |
| 17 |
Other comprehensive income net of taxes |
(500.00) |
(1,000.00) |
| 18 |
Total Comprehensive Income for the period |
2,38,773.00 |
4,16,000.00 |
| 19 |
Total profit or loss, attributable to
|
|
|
|
Profit or loss, attributable to owners of parent |
2,39,300.00 |
4,17,000.00 |
|
Total profit or loss, attributable to non-controlling interests |
0.00 |
0.00 |
| 20 |
Total Comprehensive income for the period attributable to |
|
|
|
Comprehensive income for the period attributable to owners of parent |
2,38,800.00 |
4,16,000.00 |
|
Total comprehensive income for the period attributable to owners of parent non-controlling
interests |
0.00 |
0.00 |
| 21 |
Details of equity share capital |
|
|
Paid-up equity share capital |
8,878.00 |
8,878.00 |
|
Face value of equity share capital |
1 |
1 |
| 27 |
Details of debt securities |
|
| 22 |
Reserves excluding revaluation reserve |
|
|
| 23 |
Earnings per share |
|
| i |
Earnings per equity share for continuing operations |
|
|
Basic earnings (loss) per share from continuing operations |
26.96 |
46.99 |
|
Diluted earnings (loss) per share from continuing operations |
26.96 |
46.98 |
| ii |
Earnings per equity share for discontinued operations |
|
|
Basic earnings (loss) per share from discontinued operations |
0 |
0 |
|
Diluted earnings (loss) per share from discontinued operations |
0 |
0 |
| ii |
Earnings per equity share |
|
|
Basic earnings (loss) per share from continuing
and discontinued operations |
26.96 |
46.99 |
|
Diluted earnings (loss) per share from
continuing and discontinued operations |
26.96 |
46.98 |
| 24 |
Debt equity ratio |
1.5100 |
1.5100 |
| 25 |
Debt service coverage ratio |
2.700 |
2.0200 |
| 26 |
Interest service coverage ratio |
10.0900 |
11.500 |
| 27 |
Disclosure of notes on financial results |
|
Remarks
Statement of Asset and Liabilities
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-04-2026 |
| Date of end of reporting period |
30-09-2026 |
| Whether results are audited or unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Consolidated |
|
Assets |
| 1 |
Non-current assets |
|
Property, plant and equipment |
2,77,800.00 |
|
Capital work-in-progress |
14,200.00 |
|
Investment property |
13,600.00 |
|
Goodwill |
79,000.00 |
|
Other intangible assets |
1,09,600.00 |
|
Intangible assets under development |
3,300.00 |
|
Biological assets other than bearer plants |
0.00 |
|
Investments accounted for using equity method |
600.00 |
|
Non-current financial assets |
|
|
Non-current investments |
1,08,400.00 |
|
Trade receivables, non-current |
0.00 |
|
Loans, non-current |
6,300.00 |
|
Other non-current financial assets |
|
| 1 |
Other non-current financial assets |
1,06,400.00 |
|
Total of other non-current financial assets |
1,06,400.00 |
|
Total non-current financial assets |
2,21,100.00 |
|
Deferred tax assets (net) |
21,900.00 |
|
Other non-current assets |
|
| 1 |
Right-of-use assets |
2,32,600.00 |
| 2 |
Income tax assets (net) |
9,400.00 |
| 3 |
Other non-current assets |
22,400.00 |
|
Total of other non-current assets |
2,64,400.00 |
|
Total non-current assets |
10,05,500.00 |
| 2 |
Current assets |
|
|
Inventories |
50,86,100.00 |
|
Current financial asset |
|
|
Current investments |
1,58,200.00 |
|
Trade receivables, current |
1,83,600.00 |
|
Cash and cash equivalents |
68,600.00 |
|
Bank balance other than cash and cash equivalents |
37,500.00 |
|
Loans, current |
5,600.00 |
|
Other current financial assets |
|
|
Total of other current financial assets |
3,72,100.00 |
|
Total current financial assets |
8,25,600.00 |
|
Current tax assets (net) |
|
|
Other current assets |
|
| 1 |
Other current assets |
2,63,400.00 |
|
Total of other current assets |
2,63,400.00 |
|
Total current assets |
61,75,100.00 |
| 3 |
Non-current assets classified as held for sale |
|
| 4 |
Regulatory deferral account debit balances and related deferred tax Assets |
|
|
Total assets |
71,80,600.00 |
|
Equity and liabilities |
|
| 1 |
Equity |
|
|
Equity attributable to owners of parent |
|
|
Equity share capital |
8,900.00 |
|
Other equity |
18,17,400.00 |
|
Total equity attributable to owners of parent |
18,26,300.00 |
|
Non controlling interest |
0.00 |
|
Total equity |
18,26,300.00 |
| 2 |
Liabilities |
|
|
Non-current liabilities |
|
|
Non-current financial liabilities |
|
|
Borrowings, non-current |
7,400.00 |
|
Trade payables, non-current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
0.00 |
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
0.00 |
|
Total Trade payable |
0.00 |
|
Other non-current financial liabilities |
|
| 1 |
Other non-current financial liabilities |
1,20,800.00 |
| 2 |
Lease liabilities |
2,88,700.00 |
|
Total of other non-current financial liabilities |
4,09,500.00 |
|
Total non-current financial liabilities |
4,16,900.00 |
|
Provisions, non-current |
37,100.00 |
|
Deferred tax liabilities (net) |
300.00 |
|
Deferred government grants, Non-current |
0.00 |
|
Other non-current liabilities |
|
| 1 |
Other non-current liabilities |
3,800.00 |
|
Total of other non-current liabilities |
3,800.00 |
|
Total non-current liabilities |
4,58,100.00 |
|
Current liabilities |
|
|
Current financial liabilities |
|
|
Borrowings, current |
24,19,100.00 |
|
Trade payables, current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
26,700.00 |
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
3,66,500.00 |
|
Total Trade payable |
3,93,200.00 |
|
Other current financial liabilities |
|
| 1 |
Gold on loan |
12,27,800.00 |
| 2 |
Lease liabilities |
48,600.00 |
| 3 |
Other financial liabilities |
77,200.00 |
|
Total of other current financial liabilities |
13,53,600.00 |
|
Total current financial liabilities |
41,65,900.00 |
|
Other current liabilities |
6,85,800.00 |
| 1 |
Other current liabilities |
6,85,800.00 |
|
Total of other current liabilities |
6,85,800.00 |
|
Provisions, current |
11,300.00 |
|
Current tax liabilities (Net) |
33,200.00 |
|
Deferred government grants, Current |
0.00 |
|
Total current liabilities |
48,96,200.00 |
| 3 |
Liabilities directly associated with assets in disposal group classified as held for sale |
|
| 4 |
Regulatory deferral account credit balances and related deferred tax liability |
0.00 |
|
Total liabilities |
53,54,300.00 |
|
Total equity and liabilites |
71,80,600.00 |
|
Disclosure of notes on assets and liabilities |
|
Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Amount in (Lakhs)
| Particulars |
3 months/ 6 month ended (dd-mm-yyyy) |
Year to date figures for current period
ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-07-2026 |
01-04-2026 |
| Date of end of reporting
period |
30-09-2026 |
30-09-2026 |
| Whether results are audited
or unaudited |
Unaudited |
Unaudited |
| Nature of report standalone or
consolidated |
Consolidated |
Consolidated |
| 1 |
Segment Revenue (Income) |
|
(net sale/income from each segment should
be disclosed) |
| 1 |
Watches |
1,88,100.00 |
3,42,400.00 |
| 2 |
Jewellery |
17,72,100.00 |
36,72,300.00 |
| 3 |
Eyecare |
28,100.00 |
57,000.00 |
| 4 |
Others |
80,800.00 |
1,37,400.00 |
| 5 |
Corporate (unallocated) |
73,900.00 |
84,100.00 |
|
Total Segment Revenue |
21,43,000.00 |
42,93,200.00 |
|
Less: Inter segment revenue |
0.00 |
0.00 |
|
Revenue from operations |
21,43,000.00 |
42,93,200.00 |
| 2 |
Segment Result |
|
Profit (+) / Loss (-) before tax and
interest from each segment |
| 1 |
Watches |
41,200.00 |
70,700.00 |
| 2 |
Jewellery |
2,30,000.00 |
4,66,000.00 |
| 3 |
Eyecare |
2,300.00 |
4,700.00 |
| 4 |
Others |
17,300.00 |
27,700.00 |
| 5 |
Corporate (unallocated) |
62,800.00 |
62,700.00 |
|
Total Profit before tax |
3,53,600.00 |
6,31,800.00 |
|
i. Finance cost |
53,600.00 |
88,900.00 |
|
ii. Other Unallocable Expenditure net off Unallocable income |
0.00 |
0.00 |
|
Profit before tax |
3,00,000.00 |
5,42,900.00 |
| 3 |
(Segment Asset - Segment Liabilities)
|
|
Segment Asset |
| 1 |
Watches |
5,76,300.00 |
5,76,300.00 |
| 2 |
Jewellery |
57,83,900.00 |
57,83,900.00 |
| 3 |
Eyecare |
77,800.00 |
77,800.00 |
| 4 |
Others |
2,30,500.00 |
2,30,500.00 |
| 5 |
Corporate (unallocated) |
5,12,100.00 |
5,12,100.00 |
|
Total Segment Asset |
71,80,600.00 |
71,80,600.00 |
|
Un-allocable Assets |
0.00 |
0.00 |
|
Net Segment Asset |
71,80,600.00 |
71,80,600.00 |
| 4 |
Segment Liabilities |
|
Segment Liabilities |
| 1 |
Watches |
1,60,500.00 |
1,60,500.00 |
| 2 |
Jewellery |
28,91,800.00 |
28,91,800.00 |
| 3 |
Eyecare |
43,900.00 |
43,900.00 |
| 4 |
Others |
1,05,000.00 |
1,05,000.00 |
| 5 |
Corporate (unallocated) |
21,53,100.00 |
21,53,100.00 |
|
Total Segment Liabilities |
53,54,300.00 |
53,54,300.00 |
|
Un-allocable Liabilities |
0.00 |
0.00 |
|
Net Segment Liabilities |
53,54,300.00 |
53,54,300.00 |
|
Disclosure of notes on segments |
|
Other Comprehensive Income
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-07-2026 |
01-04-2026 |
| B |
Date of end of reporting period |
30-09-2026 |
30-09-2026 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
|
Other comprehensive income [Abstract] |
|
| 1 |
Amount of items that will not be reclassified to profit and loss |
|
| 1 |
Remeasurement of employee defined benefit plans |
(600.00) |
(1,500.00) |
|
Total Amount of items that will not be reclassified to profit and loss |
(600.00) |
(1,500.00) |
| 2 |
Income tax relating to items that will not be reclassified to profit or loss |
(200.00) |
(400.00) |
| 3 |
Amount of items that will be reclassified to profit and loss |
|
| 1 |
a. Exchange differences on translating the financial statements of foreign operations |
(100.00) |
(100.00) |
| 2 |
b. Net movement on Effective portion of Cash Flow Hedges |
0.00 |
200.00 |
|
Total Amount of items that will be reclassified to profit and loss |
(100.00) |
100.00 |
| 4 |
Income tax relating to items that will be reclassified to profit or loss |
0.00 |
0.00 |
| 5 |
Total Other comprehensive income |
(500.00) |
(1,000.00) |
Cash flow statement, indirect
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-04-2026 |
| B |
Date of end of reporting period |
30-09-2026 |
| C |
Whether results are audited or unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
|
Statement of cash flows |
|
|
Cash flows from used in operating
activities |
|
|
Profit before tax |
5,42,800.00 |
|
Adjustments for reconcile profit (loss) |
|
|
Adjustments for finance costs |
88,900.00 |
|
Adjustments for decrease (increase) in inventories |
(8,06,500.00) |
|
Adjustments for decrease (increase) in trade receivables, current |
(91,800.00) |
|
Adjustments for decrease (increase) in trade receivables, non-current
|
0.00 |
|
Adjustments for decrease (increase) in other current assets |
(39,800.00) |
|
Adjustments for decrease (increase) in other non-current assets |
0.00 |
|
Adjustments for other financial assets, non-current |
(200.00) |
|
Adjustments for other financial assets, current |
(2,64,400.00) |
|
Adjustments for other bank balances |
0.00 |
|
Adjustments for increase (decrease) in trade payables, current |
(2,75,600.00) |
|
Adjustments for increase (decrease) in trade payables, non-current |
0.00 |
|
Adjustments for increase (decrease) in other current liabilities |
65,100.00 |
|
Adjustments for increase (decrease) in other non-current liabilities
|
0.00 |
|
Adjustments for depreciation and amortisation expense |
51,900.00 |
|
Adjustments for impairment loss reversal of impairment loss recognised
in profit or loss |
0.00 |
|
Adjustments for provisions, current |
(23,400.00) |
|
Adjustments for provisions, non-current |
0.00 |
|
Adjustments for other financial liabilities, current |
(1,80,700.00) |
|
Adjustments for other financial liabilities, non-current |
0.00 |
|
Adjustments for unrealised foreign exchange losses gains |
200.00 |
|
Adjustments for dividend income |
0.00 |
|
Adjustments for interest income |
16,300.00 |
|
Adjustments for share-based payments |
1,100.00 |
|
Adjustments for fair value losses (gains) |
(4,700.00) |
|
Adjustments for undistributed profits of associates |
0.00 |
|
Other adjustments for which cash effects are investing or financing
cash flow |
(500.00) |
|
Other adjustments to reconcile profit (loss) |
0.00 |
|
Other adjustments for non-cash items |
(67,100.00) |
|
Share of profit and loss from partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Total adjustments for reconcile
profit (loss) |
(15,63,800.00) |
|
Net cash flows from (used in)
operations |
(10,21,000.00) |
|
Dividends received |
0.00 |
|
Interest paid |
0.00 |
|
Interest received |
0.00 |
|
Income taxes paid (refund) |
96,700.00 |
|
Other inflows (outflows) of cash |
0.00 |
|
Net cash flows from (used in)
operating activities |
(11,17,700.00) |
|
Cash flows from used in
investing activities |
|
|
Cash flows from losing control of subsidiaries or other businesses |
0.00 |
|
Cash flows used in obtaining control of subsidiaries or other businesses |
0.00 |
|
Other cash receipts from sales of equity or debt instruments of other
entities |
11,64,400.00 |
|
Other cash payments to acquire equity or debt instruments of other entities
|
10,49,800.00 |
|
Other cash receipts from sales of interests in joint ventures |
0.00 |
|
Other cash payments to acquire interests in joint ventures |
0.00 |
|
Cash receipts from share of profits of partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Cash payment for investment in partnership firm or association of persons or
limited liability partnerships |
0.00 |
|
Proceeds from sales of property, plant and equipment |
200.00 |
|
Purchase of property, plant and equipment |
40,800.00 |
|
Proceeds from sales of investment property |
0.00 |
|
Purchase of investment property |
0.00 |
|
Proceeds from sales of intangible assets |
0.00 |
|
Purchase of intangible assets |
0.00 |
|
Proceeds from sales of intangible assets under development |
0.00 |
|
Purchase of intangible assets under development |
0.00 |
|
Proceeds from sales of goodwill |
0.00 |
|
Purchase of goodwill |
0.00 |
|
Proceeds from biological assets other than bearer plants |
0.00 |
|
Purchase of biological assets other than bearer plants |
0.00 |
|
Proceeds from government grants |
0.00 |
|
Proceeds from sales of other long-term assets |
0.00 |
|
Purchase of other long-term assets |
0.00 |
|
Cash advances and loans made to other parties |
0.00 |
|
Cash receipts from repayment of advances and loans made to other parties |
0.00 |
|
Cash payments for future contracts, forward contracts, option contracts and
swap contracts |
0.00 |
|
Cash receipts from future contracts, forward contracts, option contracts and
swap contracts |
0.00 |
|
Dividends received |
0.00 |
|
Interest received |
12,500.00 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
8,200.00 |
|
Net cash flows from (used in)
investing activities |
94,700.00 |
|
Cash flows from used in
financing activities |
|
|
Proceeds from changes in ownership interests in subsidiaries |
0.00 |
|
Payments from changes in ownership interests in subsidiaries |
0.00 |
|
Proceeds from issuing shares |
0.00 |
|
Proceeds from issuing other equity instruments |
0.00 |
|
Payments to acquire or redeem entity's shares |
0.00 |
|
Payments of other equity instruments |
0.00 |
|
Proceeds from exercise of stock options |
0.00 |
|
Proceeds from issuing debentures notes bonds etc |
0.00 |
|
Proceeds from borrowings |
12,80,900.00 |
|
Repayments of borrowings |
3,800.00 |
|
Payments of lease liabilities |
45,600.00 |
|
Dividends paid |
1,33,100.00 |
|
Interest paid |
65,600.00 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
(28,100.00) |
|
Net cash flows from (used in)
financing activities |
10,04,700.00 |
|
Net increase (decrease) in cash
and cash equivalents before effect of exchange rate changes |
(18,300.00) |
|
Effect of exchange rate changes
on cash and cash equivalents |
|
|
Effect of exchange rate changes on cash and cash equivalents |
(400.00) |
|
Net increase (decrease) in cash
and cash equivalents |
(18,700.00) |
|
Cash and cash equivalents cash flow statement at beginning of period
|
87,300.00 |
|
Cash and cash equivalents cash
flow statement at end of period |
68,600.00 |
Details of Impact of Audit Qualification
Amount in (Lakhs)
| Whether results are audited or unaudited |
Unaudited |
| Declaration of unmodified opinion or statement on impact of audit qualification |
Declaration of unmodified opinion |
| Auditor's opinion |
|
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015:
The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified
opinion for the period on Standalone results |
Yes |
| Sr No. |
Audit firm's name |
Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI |
Certificate valid upto |
| 1 |
B S R & Co. LLP |
Yes |
10-05-2027 |