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-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	08-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	21-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	08-May-2025   14:00:00
End date and time of board meeting	08-May-2025   16:55:00
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
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	Yes
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?	Yes
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2022-03-14
Indicate Company website link for updated RPT policy of the Company	https://www.titancompany.in
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	Yes

Financial Results Ind-AS
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	134770000000	548420000000
	Other income	1170000000	4930000000
	Total income	135940000000	553350000000
2	Expenses
(a)	Cost of materials consumed	132200000000	439050000000
(b)	Purchases of stock-in-trade	16420000000	63720000000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-43070000000	-65370000000
(d)	Employee benefit expense	4470000000	17170000000
(e)	Finance costs	2040000000	7670000000
(f)	Depreciation, depletion and amortisation expense	1440000000	5370000000
(f)	Other Expenses
1	Advertising	2470000000	9790000000
2	Other expenses	7900000000	31140000000
	Total other expenses	10370000000	40930000000
	Total expenses	123870000000	508540000000
3	Total profit before exceptional items and tax	12070000000	44810000000
4	Exceptional items	0	0
5	Total profit before tax	12070000000	44810000000
6	Tax expense
7	Current tax	3040000000	11170000000
8	Deferred tax	330000000	290000000
9	Total tax expenses	3370000000	11460000000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	8700000000	33350000000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	8700000000	33350000000
17	Other comprehensive income net of taxes	-290000000	-190000000
18	Total Comprehensive Income for the period	8410000000	33160000000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	887800000	887800000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		31320000000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	9.81	37.6
	Diluted earnings (loss) per share from continuing operations	9.8	37.58
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	9.81	37.6
	Diluted earnings (loss) per share from continuing and discontinued operations	9.8	37.58
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	14740000000
	Capital work-in-progress	860000000
	Investment property	10000000
	Goodwill	0
	Other intangible assets	15440000000
	Intangible assets under development	80000000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	63860000000
	Trade receivables, non-current	0
	Loans, non-current	590000000
	Other non-current financial assets	7390000000
	Total non-current financial assets	71840000000
	Deferred tax assets (net)	1250000000
	Other non-current assets	2090000000
	Total non-current assets	106310000000
2	Current assets
	Inventories	245170000000
	Current financial asset
	Current investments	13370000000
	Trade receivables, current	9840000000
	Cash and cash equivalents	2430000000
	Bank balance other than cash and cash equivalents	8890000000
	Loans, current	3400000000
	Other current financial assets	5090000000
	Total current financial assets	43020000000
	Current tax assets (net)	0
	Other current assets	16250000000
	Total current assets	304440000000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	410750000000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	890000000
	Other equity	167220000000
	Total equity attributable to owners of parent	168110000000
	Non controlling interest
	Total equity	168110000000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	4200000000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	19430000000
	Total non-current financial liabilities	23630000000
	Provisions, non-current	2560000000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	26190000000
	Current liabilities
	Current financial liabilities
	Borrowings, current	74830000000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	1580000000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	13140000000
	Total Trade payable	14720000000
	Other current financial liabilities	84590000000
	Total current financial liabilities	174140000000
	Other current liabilities	40690000000
	Provisions, current	1300000000
	Current tax liabilities (Net)	320000000
	Deferred government grants, Current
	Total current liabilities	216450000000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	242640000000
	Total equity and liabilites	410750000000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Watches and Wearables	11260000000	45760000000
2	Jewellery	120960000000	492270000000
3	Eyecare	1920000000	7960000000
4	Others	1020000000	4060000000
5	Corporate (unallocated)	780000000	3300000000
	Total Segment Revenue	135940000000	553350000000
	Less: Inter segment revenue	0	0
	Revenue from operations	135940000000	553350000000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Watches and Wearables	1330000000	5530000000
2	Jewellery	13310000000	47640000000
3	Eyecare	200000000	850000000
4	Others	-370000000	-1240000000
5	Corporate (unallocated)	-360000000	-300000000
	Total Profit before tax	14110000000	52480000000
	i. Finance cost	2040000000	2040000000
	ii. Other Unallocable Expenditure net off Unallocable income	0	0
	Profit before tax	12070000000	44810000000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Watches and Wearables	40830000000	40830000000
2	Jewellery	256400000000	256400000000
3	Eyecare	6470000000	6470000000
4	Others	5480000000	5480000000
5	Corporate (unallocated)	101570000000	101570000000
	Total Segment Asset	410750000000	410750000000
	Un-allocable Assets	0	0
	Net Segment Asset	410750000000	410750000000
4	Segment Liabilities
	Segment Liabilities
1	Watches and Wearables	12180000000	12180000000
2	Jewellery	141520000000	141520000000
3	Eyecare	3910000000	3910000000
4	Others	2860000000	2860000000
5	Corporate (unallocated)	82170000000	82170000000
	Total Segment Liabilities	242640000000	242640000000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	242640000000	242640000000
	Disclosure of notes on segments

Other Comprehensive Income
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement of employee defined benefit plan	-380000000	-250000000
	Total Amount of items that will not be reclassified to profit and loss	-380000000	-250000000
2	Income tax relating to items that will not be reclassified to profit or loss	-90000000	-60000000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-290000000	-190000000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			44810000000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			7670000000
	Adjustments for decrease (increase) in inventories			-76430000000
	Adjustments for decrease (increase) in trade receivables, current			-610000000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-3350000000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			730000000
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			26440000000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			2680000000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			5370000000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			420000000
	Adjustments for provisions, non-current			90000000
	Adjustments for other financial liabilities, current			5060000000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			70000000
	Adjustments for dividend income			0
	Adjustments for interest income			0
	Adjustments for share-based payments			170000000
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-1670000000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-10000000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-33370000000
	Net cash flows from (used in) operations			11440000000
	Dividends received			0
	Interest paid			0
	Interest received			-2920000000
	Income taxes paid (refund)			10220000000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			-1700000000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			1260000000
	Other cash receipts from sales of equity or debt instruments of other entities			160050000000
	Other cash payments to acquire equity or debt instruments of other entities			157400000000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			0
	Purchase of property, plant and equipment			3820000000
	Proceeds from sales of investment property			120000000
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			10000000
	Interest received			2670000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			1030000000
	Net cash flows from (used in) investing activities	1400000000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			60000000
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			20930000000
	Repayments of borrowings			0
	Payments of lease liabilities			4790000000
	Dividends paid			9760000000
	Interest paid			6310000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			10000000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-290000000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-290000000
	Cash and cash equivalents cash flow statement at beginning of period			0
	Cash and cash equivalents cash flow statement at end of period			-290000000