Titan Company Ltd

₹ 4,191 -0.71%

16 Jan 2:22 p.m.

🔗 Website | BSE: 500114 | NSE: TITAN

Market Cap3,72,089

Current Price4,191

High / Low4,312

Stock P/E95.5

Book Value201

Dividend Yield0.26

ROCE17.2

ROE21.3

ABOUT

Titan Company Ltd is among India’s most respected lifestyle companies. It has established leadership positions in the Watches, Jewellery and Eyewear categories led by its trusted brands and differentiated customer experience. It was founded in 1984 as a joint-venture between TATA Group and Tamilnadu Industrial Development Corporation (TIDCO).[1]

Stock Analysis

Description

Titan Company Limited is a prominent Indian lifestyle company, part of the TATA Group, with leadership in Watches, Jewellery, and Eyewear segments. It was founded in 1984 as a joint-venture between TATA Group and Tamilnadu Industrial Development Corporation (TIDCO).

Key Growth Triggers

Strong Q1 & Q2 FY26 performance with significant YoY revenue and PAT growth.
Resilient Jewellery segment despite high gold prices; Watches division showing exceptional growth.
Strategic expansion into lab-grown diamonds (LGD) with the launch of 'be Yon'.
International expansion through the acquisition of a majority stake in Damas Jewellery (GCC).
Consistent store network expansion.

Order Book

Currently no data available for Order Book.

Key Red Flags

High borrowings noted in the financial data (₹24,768 crore in Sep 2025).
Potential impact of gold price volatility on Jewellery segment performance, though the company has shown resilience.
One-off margin benefits in Q1 FY26 (from inventory revaluation in Watches) are noted as expected to reverse.

Key Dates To Watch

Board meeting to approve Q2 FY26 and H1 FY26 results on November 3, 2025.
Earnings conference call on November 4, 2025.
Postal ballot process concluded on October 22, 2025, for board appointments.

Peer Comparison

S.No.	Name	Current Price (Rs.)	Price to Earning	Market Capitalization (Rs.Cr.)	Dividend yield (%)	Net Profit latest quarter (Rs.Cr.)	YOY Quarterly profit growth (%)	Sales latest quarter (Rs.Cr.)	YOY Quarterly sales growth (%)	Return on capital employed (%)	Sales (Rs.Cr.)	OPM (%)	Profit after tax (Rs.Cr.)	Profit after tax latest quarter (Rs.Cr.)	Price to book value	Return on assets (%)	Debt to equity
1.	Titan Company	4191.20	95.51	372088.98	0.26	1006.00	42.70	16534.00	25.12	17.18	60672.00	10.22	3896.00	1006.00	20.85	9.02	1.39
2.	Kalyan Jewellers	466.20	51.58	48142.75	0.31	260.51	99.46	7856.03	29.52	15.03	28584.13	6.42	931.02	260.51	9.00	5.13	1.00
3.	Thangamayil Jew.	3788.70	64.10	11776.08	0.33	58.51	435.30	1710.90	44.86	13.74	5781.95	5.76	183.81	58.51	10.13	5.88	0.96
4.	P N Gadgil Jewe.	588.20	26.93	7982.38	0.00	79.31	127.12	2177.62	8.81	19.41	7916.15	5.48	296.68	79.31	4.71	9.50	0.76
5.	PC Jeweller	10.11	12.16	7409.07	0.00	209.54	17.14	825.25	63.43	6.55	2888.63	19.47	614.21	209.54	1.01	7.38	0.22
6.	Ethos	2602.00	73.25	6962.32	0.00	23.79	11.95	383.39	29.03	13.75	1410.96	13.87	95.05	23.79	4.83	7.49	0.22
7.	Bluestone Jewel	452.65		6855.06	0.00	-49.11	41.86	513.09	37.43	-0.57	1770.00	4.43	-221.19	-49.11	4.08	-7.39	1.12

Quarterly Results

Figures in Cr.

	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	8,730	10,875	9,704	11,145	11,660	13,052	11,257	12,053	13,215	16,097	13,477	14,564	16,534
YOY Sales Growth %	21.76%	14.29%	33.37%	24.37%	33.56%	20.02%	16%	8.15%	13.34%	23.33%	19.72%	20.83%	25.12%
Expenses	7,496	9,545	8,660	10,042	10,305	11,595	10,148	10,842	12,082	14,587	12,039	12,932	14,914
Material Cost %	73%	77%	77%	79%	78%	78%	79%	79%	81%	81%	78%	79%	80%
Employee Cost %	4%	3%	4%	3%	3%	3%	3%	3%	3%	3%	3%	3%	3%
Operating Profit	1,234	1,330	1,044	1,103	1,355	1,457	1,109	1,211	1,133	1,510	1,438	1,632	1,620
OPM %	14%	12%	11%	10%	12%	11%	10%	10%	9%	9%	11%	11%	10%
Other Income	60	91	104	99	122	139	150	118	127	131	117	107	109
Exceptional items	—	—	—	—	—	—	—	—	—	—	—	—	—
Other income normal	60	91	104	99	122	139	150	118	127	131	117	107	109
Interest	50	61	74	79	106	133	162	182	195	186	204	216	222
Depreciation	89	93	95	99	110	118	120	126	132	135	144	143	146
Profit before tax	1,155	1,267	979	1,024	1,261	1,345	977	1,021	933	1,320	1,207	1,380	1,361
Tax %	26%	25%	25%	24%	25%	23%	20%	25%	24%	25%	28%	25%	26%
Net Profit	857	951	734	777	940	1,040	786	770	705	990	870	1,030	1,006
EPS in Rs	9.65	10.71	8.27	8.75	10.59	11.71	8.85	8.67	7.94	11.15	9.8	11.6	11.33

Profit & Loss

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	10,916	11,903	11,084	12,897	15,621	19,070	20,010	20,602	27,210	38,270	47,114	54,842	60,672
Sales Growth %	7.94%	9.05%	-6.88%	16.35%	21.13%	22.08%	4.93%	2.96%	32.07%	40.65%	23.11%	16.4%	—
Expenses	9,864	10,746	10,135	11,693	13,886	17,064	17,592	18,896	23,928	33,497	42,090	49,550	54,472
Material Cost %	74%	74%	73%	72%	73%	73%	73%	77%	76%	76%	78%	80%	—
Raw material cost	8,150	8,958	8,324	9,577	12,317	14,651	15,348	15,605	25,126	30,523	39,091	50,277	—
Change in inventory	-100	-204	-181	-288	-931	-664	-836	164	-4,468	-1,477	-2,149	-6,537	—
Manufacturing Cost %	2%	2%	2%	1%	1%	1%	1%	1%	1%	1%	1%	1%	—
Employee Cost %	5%	5%	6%	6%	5%	5%	5%	4%	4%	4%	3%	3%	—
Other Cost %	10%	10%	10%	11%	10%	10%	9%	10%	7%	7%	7%	7%	—
Operating Profit	1,051	1,158	949	1,204	1,736	2,006	2,418	1,706	3,282	4,773	5,024	5,292	6,200
OPM %	10%	10%	9%	9%	11%	11%	12%	8%	12%	12%	11%	10%	10%
Other Income	117	66	69	-40	-7	104	146	39	192	296	510	493	464
Exceptional items	-3	-4	-4	-105	-94	-74	0	-138	-54	-3	0	0	—
Other income normal	120	70	73	65	86	178	146	177	246	299	510	493	—
Interest	87	81	42	37	48	44	149	181	195	240	480	767	828
Depreciation	66	87	87	93	110	139	310	331	347	364	447	537	568
Profit before tax	1,016	1,056	888	1,033	1,571	1,927	2,105	1,233	2,932	4,465	4,607	4,481	5,268
Tax %	27%	22%	21%	26%	26%	29%	28%	29%	26%	25%	23%	26%	—
Net Profit	741	823	698	762	1,163	1,374	1,517	877	2,180	3,333	3,544	3,335	3,896
Exceptional items AT	-2	-3	-3	-74	-67	-51	0	-98	-40	-2	0	0	—
Profit excl Excep	743	826	701	836	1,230	1,425	1,517	975	2,220	3,335	3,544	3,335	—
Profit for PE	743	826	701	836	1,230	1,425	1,517	975	2,220	3,335	3,544	3,335	—
Profit for EPS	741	823	698	762	1,163	1,374	1,517	877	2,180	3,333	3,544	3,335	—
EPS in Rs	8.35	9.27	7.86	8.58	13.1	15.48	17.09	9.88	24.56	37.54	39.92	37.57	43.88
Dividend Payout %	25%	25%	28%	30%	29%	32%	23%	41%	31%	27%	28%	29%	—

Balance Sheet

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	89	89	89	89	89	89	89	89	89	89	89	89	89
Reserves	2,435	3,003	3,446	4,223	5,105	6,093	6,736	7,464	9,284	11,905	14,368	16,722	17,743
Borrowings	806	100	113	1,867	1,604	2,288	3,269	5,243	6,605	7,862	12,661	17,171	24,768
Long term Borrowings	0	0	0	0	0	0	0	0	0	0	3,139	420	420
Short term Borrowings	806	100	113	1,867	1,604	2,288	2,133	4,094	5,386	6,280	7,608	14,526	21,955
Lease Liabilities	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Borrowings	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Liabilities	2,777	2,680	2,661	2,138	2,599	3,000	3,094	3,064	4,159	5,232	5,744	7,093	9,101
Trade Payables	858	1,939	1,629	711	786	772	510	695	1,055	965	943	1,472	1,958
Advance from Customers	1,418	159	688	913	207	237	309	388	420	597	834	1,840	—
Other liability items	501	582	344	515	1,605	1,991	2,275	1,981	2,684	3,670	3,967	3,781	7,143
Total Liabilities	6,107	5,872	6,308	8,318	9,396	11,470	13,188	15,860	20,137	25,088	32,862	41,075	51,701
Fixed Assets	596	683	654	707	974	1,069	2,053	1,959	1,925	2,161	2,691	3,019	3,171
Land	94	104	79	79	79	79	100	100	123	123	123	123	—
Building	118	152	125	141	277	321	1,341	1,464	1,636	1,982	2,957	3,517	—
Plant Machinery	618	705	366	373	447	508	574	583	610	662	666	738	—
Equipments	22	24	16	19	27	42	60	66	77	99	68	81	—
Furniture & fittings	—	—	—	—	—	—	—	—	—	—	—	—	—
Vehicles	14	17	10	9	15	20	25	26	34	36	45	51	—
Intangible Assets	0	0	3	3	3	3	17	17	17	17	17	17	102
Other fixed assets	63	63	10	24	64	86	118	137	123	145	220	269	—
Gross Block	1,103	1,253	715	817	1,164	1,376	2,634	2,813	3,063	3,587	4,409	5,138	—
Accumulated Depreciation	507	570	60	110	191	307	581	854	1,138	1,426	1,718	2,119	—
CWIP	33	55	77	148	41	26	14	25	71	127	87	94	101
Investments	27	33	90	886	734	876	983	3,512	884	3,259	7,813	7,723	9,406
Other Assets	5,451	5,101	5,487	6,576	7,648	9,499	10,138	10,364	17,257	19,541	22,271	30,239	39,023
Inventories	3,867	4,047	4,382	4,806	5,749	6,719	7,741	7,984	12,787	14,952	16,874	24,517	32,873
Trade receivables	152	187	135	115	193	358	214	291	495	908	937	984	1,436
Receivables under 6m	—	—	—	—	—	—	—	—	—	—	—	—	—
Receivables over 6m	—	—	—	—	—	—	—	—	—	—	—	—	—
Prow for Doubtful	—	—	—	—	—	—	—	—	—	—	—	—	—
Cash Equivalents	889	210	112	773	612	1,001	356	512	1,049	792	805	1,132	638
Loans & Advances	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Assets items	—	—	—	—	—	—	—	—	—	—	—	—	—
Total Assets	6,107	5,872	6,308	8,318	9,396	11,470	13,188	15,860	20,137	25,088	32,862	41,075	51,701

Cash Flows

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	-551	508	567	1,768	299	1,249	-289	4,101	-1,126	1,810	2,030	-170
Profit from operations	1,053	1,168	965	1,117	1,725	2,179	2,425	1,719	3,224	4,814	5,116	5,358
Receivables	11	-39	5	17	-81	-164	144	-78	-204	-414	-22	-61
Inventory	-189	-180	-396	-425	-943	-970	-1,021	-243	-4,803	-2,165	-1,922	-7,643
Payables	-1,239	1,080	-245	176	76	-14	-263	187	362	-89	-24	539
Loans Advances	-6	-71	-43	0	5	-21	-16	-6	-1	-17	-8	-312
Other WC items	105	-1,204	483	385	230	177	-240	198	25	894	182	866
Working capital changes	-1,319	-415	-196	927	-976	-309	-2,177	2,645	-3,554	-1,862	-1,946	-4,506
Direct taxes	-285	-245	-203	-275	-450	-622	-537	-263	-796	-1,142	-1,140	-1,022
Cash from Investing Activity	-275	-124	-151	-1,022	-179	-910	243	-2,744	1,564	-1,653	-4,634	140
Fixed assets purchased	-209	-209	-215	-204	-264	-226	-310	-111	-173	-288	-529	-382
Fixed assets sold	2	2	1	5	3	1	8	7	6	10	9	12
Investments purchased	0	-135	-1,075	-364	0	-36	-101	-2,675	-269	-2,082	-21,111	-14,506
Investments sold	0	135	1,083	0	394	18	27	43	2,815	0	21,472	14,878
Interest received	112	76	49	39	63	84	69	60	52	135	209	267
Redeemp Cnce of Shares	—	—	—	—	—	—	—	—	—	—	—	—
Acquisition of companies	0	0	0	-431	-297	-150	0	0	0	0	0	0
Other investing items	-82	60	10	-71	-43	-485	350	-42	-547	293	185	-246
Cash from Financing Activity	497	-1,004	-505	-154	-325	-442	-268	-1,260	-468	-155	2,757	1
Redemption of debentures	—	—	—	—	—	—	—	—	—	—	—	—
Proceeds from borrowings	0	0	0	0	0	0	626	0	225	965	4,619	2,093
Repayment of borrowings	0	0	0	0	0	0	0	-626	0	0	0	0
Interest paid fin	-87	-81	-42	-37	-48	-44	-149	-181	-195	-240	-480	-631
Dividends paid	-185	-185	-394	-4	-277	-397	-536	-355	-355	-666	-888	-976
Financial liabilities	0	0	0	0	0	0	-209	-98	-143	-214	-258	-479
Other financing items	769	-738	-68	-113	0	0	0	0	0	0	-236	-6
Net Cash Flow	-330	-620	-89	592	-205	-102	-314	97	-30	2	153	-29

Ratios

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	5	6	4	3	5	7	4	5	7	9	7	7
Inventory Days	175	169	196	189	184	175	195	185	226	188	167	205
Days Payable	39	81	73	28	25	20	13	16	19	12	9	12
Cash Conversion Cycle	142	94	128	164	164	162	186	174	214	184	165	199
Working Capital Days	28	59	79	47	60	54	70	36	77	59	53	42
ROCE %	42%	35%	27%	24%	26%	27%	24%	14%	22%	26%	22%	17%

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	52.9%	52.9%	52.9%	52.9%	52.9%	52.9%	52.9%	52.9%	52.9%	52.9%	52.9%	52.9%
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Indian Rotorcraft Limited	—	—	—	—	—	—	—	—	—	—	0	0
Industrial Minerals and Chemicals Company Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Infiniti Retail Limited	—	—	—	—	—	—	—	—	—	—	0	0
Infopark Properties Limited	—	—	—	—	—	—	—	—	—	—	0	0
Innovative Retail Concepts Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
International Infrabuild Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Kaleyra Africa (Pty) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Kaleyra Dominicana SRL	—	—	—	—	—	—	—	—	—	—	0	0
Kaleyra Inc	—	—	—	—	—	—	—	—	—	—	0	0
Kaleyra SPA	—	—	—	—	—	—	—	—	—	—	0	0
Kaleyra UK Limited	—	—	—	—	—	—	—	—	—	—	0	0
Kaleyra US Inc_	—	—	—	—	—	—	—	—	—	—	0	0
Kolkata-One Excelton Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Kriday Realty Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
LFS Healthcare Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Land kart Builders Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Leanluxe Hospitality Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
MP Online Limited	—	—	—	—	—	—	—	—	—	—	0	0
MahaOnline Limited	—	—	—	—	—	—	—	—	—	—	0	0
Matheran Rope-Way Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Mgage Athens PC	—	—	—	—	—	—	—	—	—	—	0	0
Mgage SA de CV	—	—	—	—	—	—	—	—	—	—	0	0
Mgdc, S_C_	—	—	—	—	—	—	—	—	—	—	0	0
Mikado Realtors Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Motor-Hub East Africa Limited	—	—	—	—	—	—	—	—	—	—	0	0
MuCoso B_V_	—	—	—	—	—	—	—	—	—	—	0	—
Nanjing Tata AutoCompTechnology Company Limited	—	—	—	—	—	—	—	—	—	—	0	0
Nanjing Tata Autocomp Systems Limited	—	—	—	—	—	—	—	—	—	—	0	0
Newshelf 1369 Proprietary Limited	—	—	—	—	—	—	—	—	—	—	—	0
Newshelf 1369 Pty Ltd_	—	—	—	—	—	—	—	—	—	—	0	—
Nilgiris Flower Company Limited	—	—	—	—	—	—	—	—	—	—	0	0
Niskalp Infrastructure Services Limited	—	—	—	—	—	—	—	—	—	—	0	0
Nova Integrated Systems Limited	—	—	—	—	—	—	—	—	—	—	0	0
Novamesh Limited	—	—	—	—	—	—	—	—	—	—	0	0
OASIS Smart SIM Europe SAS	—	—	—	—	—	—	—	—	—	—	0	0
Oasis Smart E-Sim Pte Ltd	—	—	—	—	—	—	—	—	—	—	0	0
One Bangalore Luxury Projects LLP	—	—	—	—	—	—	—	—	—	—	0	0
One-Colombo Project (Private) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Panatone Finvest Limited	—	—	—	—	—	—	—	—	—	—	0	0
Piem Hotels Limited	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05
Princeton Infrastructure Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Promont Hillside Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Promont Hilltop Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Protraviny Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Pune IT City Metro Rail Limited	—	—	—	—	—	—	—	—	—	—	0	0
Qubit Investments Pte_ Limited	—	—	—	—	—	—	—	—	—	—	0	0
Ranata Hospitality Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Real Stochastics Institute Of Data Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Ryhpez Holding (Sweden) AB	—	—	—	—	—	—	—	—	—	—	0	0
SEPCO Communications (Pty) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Saankhya Labs Inc	—	—	—	—	—	—	—	—	—	—	0	0
Savis Retail Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Sector 113 Gatevida Developers Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Simto Investment Company Limited	—	—	—	—	—	—	—	—	—	—	0	0
Sir Dorabji Tata Trust	—	—	—	—	—	—	—	—	—	—	0	0
Sir Ratan Tata Trust	—	—	—	—	—	—	—	—	—	—	0	0
Smart Value Homes (Boisar) Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Smart Value Homes (New Project) LLP	—	—	—	—	—	—	—	—	—	—	0	0
Smart Value Homes (Peenya Project) Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Société Financière Décentralisé Alliance Finance C___	—	—	—	—	—	—	—	—	—	—	0	0
Sohna City LLP	—	—	—	—	—	—	—	—	—	—	0	0
Solutions Infini FZ LLC	—	—	—	—	—	—	—	—	—	—	0	0
Solutions Infini Technologies(India) Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Sree Maruthi Marine Industries Ltd_	—	—	—	—	—	—	—	—	—	—	0	0
Strategic Energy Technology Systems Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Stryder Cycle Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Supermarket Grocery Supplies Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Synergizers Sustainable Foundation	—	—	—	—	—	—	—	—	—	—	0	0
Systems Testing and Research for Advanced Materia___	—	—	—	—	—	—	—	—	—	—	0	0
TACO EV Component Solutions Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
TACO Engineering Services GmbH	—	—	—	—	—	—	—	—	—	—	0	0
TACO Prestolite Electric Private Limited	—	—	—	—	—	—	—	—	—	—	0	—
TACO Punch Powertrain Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
TACO Sasken Automotive Electronics Limited	—	—	—	—	—	—	—	—	—	—	0	0
TANFAC Industries Ltd_	—	—	—	—	—	—	—	—	—	—	0	0
TASL Aerostructures Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
TATA Africa Holdings (Kenya) Limited	—	—	—	—	—	—	—	—	—	—	0	0
TC (Shanghai) Network Services Company Limited	—	—	—	—	—	—	—	—	—	—	0	0
TC Networks Switzerland SA	—	—	—	—	—	—	—	—	—	—	0	0
TCC Construction Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
TCE Delaware Corp_	—	—	—	—	—	—	—	—	—	—	0	0
TCPOP Communication GmbH	—	—	—	—	—	—	—	—	—	—	0	0
TCS Business Services GmbH	—	—	—	—	—	—	—	—	—	—	0	0
TCS FNS Pty Limited	—	—	—	—	—	—	—	—	—	—	0	0
TCS Financial Solutions Australia Pty Limited	—	—	—	—	—	—	—	—	—	—	0	0
TCS Foundation	—	—	—	—	—	—	—	—	—	—	0	0
TCS Iberoamerica S_A_	—	—	—	—	—	—	—	—	—	—	0	0
TCS Inversiones Chile Limitada	—	—	—	—	—	—	—	—	—	—	0	0
TCS Solution Center SA	—	—	—	—	—	—	—	—	—	—	0	0
TCS Technology Solutions GmbH	—	—	—	—	—	—	—	—	—	—	0	0
TCS Uruguay S_A_	—	—	—	—	—	—	—	—	—	—	0	0
TCS e-Serve International Limited	—	—	—	—	—	—	—	—	—	—	0	0
TCTS Senegal Limited	—	—	—	—	—	—	—	—	—	—	0	0
TEL Components Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
TESS Services Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
THDC Management Services Limited	—	—	—	—	—	—	—	—	—	—	0	0
TICEL Bio Park Ltd	—	—	—	—	—	—	—	—	—	—	0	0
TIGAL Autoleather Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
TIL Motor Hub Trading FZE	—	—	—	—	—	—	—	—	—	—	0	0
TIL Motor-Hub Nigeria LFZ Enterprise (formerly kno___	—	—	—	—	—	—	—	—	—	—	—	0
TISPL Trading Company Limited	—	—	—	—	—	—	—	—	—	—	0	0
TP Luminaire Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
TPL Services Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
TPL-Asara Engineering South Africa (Proprietary) Limited	—	—	—	—	—	—	—	—	—	—	0	0
TPL-CIL Construction LLP	—	—	—	—	—	—	—	—	—	—	0	0
TQ Cert Services (Shanghai) Limited	—	—	—	—	—	—	—	—	—	—	0	0
TQ Cert Services LLC	—	—	—	—	—	—	—	—	—	—	0	0
TQ Cert Services Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
TQ Services Europe GmbH	—	—	—	—	—	—	—	—	—	—	0	0
TRIL Bengaluru Consultants Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
TRIL Bengaluru Real Estate One Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
TRIL IT4 Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
TRIL Roads Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
TRIL Urban Transport Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
TS Investments Limited	—	—	—	—	—	—	—	—	—	—	0	0
TSBB Voice Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
TTL Mobile Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Taj Air Limited	—	—	—	—	—	—	—	—	—	—	0	0
Talakrit Foundation	—	—	—	—	—	—	—	—	—	—	0	0
Tamil Nadu Centre of Excellence for Advanced Manuf___	—	—	—	—	—	—	—	—	—	—	0	0
Tamil Nadu Road Development Company Ltd	—	—	—	—	—	—	—	—	—	—	0	0
Tamilnadu Advance Manufacturing Centre of Excellen___	—	—	—	—	—	—	—	—	—	—	0	0
Tamilnadu Engineering and Innovation Centre	—	—	—	—	—	—	—	—	—	—	0	0
Tamilnadu Industrial Development Corporation Ltd	27.88	27.88	27.88	27.88	27.88	27.88	27.88	27.88	27.88	27.88	27.88	27.88
Tamilnadu Polymer Industries Park Ltd	—	—	—	—	—	—	—	—	—	—	0	0
Tamilnadu Salt Corporation Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tamilnadu Smart and Advanced Manufacturing Centre(___	—	—	—	—	—	—	—	—	—	—	0	0
Tamilnadu Trade Promotion Organisation (section 8	—	—	—	—	—	—	—	—	—	—	0	0
Tanflora Infrastructure Park Ltd_	—	—	—	—	—	—	—	—	—	—	0	0
Tata 1mg Healthcare Solutions Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata 1mg Technologies Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Advanced Systems Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Advanced Systems Maroc Sarlau	—	—	—	—	—	—	—	—	—	—	0	0
Tata Africa (Cote D’Ivoire) SARL	—	—	—	—	—	—	—	—	—	—	0	0
Tata Africa Holdings (Ghana) Ltd	—	—	—	—	—	—	—	—	—	—	0	0
Tata Africa Holdings (SA) (Proprietary) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Africa Holdings (Tanzania) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Africa Services (Nigeria) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata America International Corporation	—	—	—	—	—	—	—	—	—	—	0	0
Tata Asset Management (Mauritius) Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Asset Management Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata AutoComp Europe Limited (Formerly Jaguar Land___	—	—	—	—	—	—	—	—	—	—	0	0
Tata AutoComp Gotion Green Energy Solutions Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Autocomp Hendrickson Suspensions Private Limited	—	—	—	—	—	—	—	—	—	—	0	—
Tata Autocomp Systems Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Business Hub Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Capital Advisors Pte_ Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Capital Housing Finance Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Capital Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Capital Pte_ Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Chemicals Limited	1.56	1.56	1.56	1.56	1.56	1.56	1.56	1.56	1.56	1.56	1.56	1.56
Tata ClassEdge Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (America) Inc_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Australia) Pty Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Beijing) Technology Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Belgium) Srl	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Brazil) Participacoes Limitada	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Canada) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (France) SAS	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Guam) L_L_C_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Hong Kong) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Hungary) KFT	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (International) Pte Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Ireland) DAC	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Italy) SRL	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Japan) KK_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Malaysia) Sdn_ Bhd_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Middle East) FZ-LLC	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Netherlands) B_V_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (New Zealand) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Nordic) AS	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Poland) SP_Z_O_O_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Portugal) Instalacao E Manute___	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Portugal) Unipessoal LDA	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Russia) LLC	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (South Korea) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Spain) S_L_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Sweden) AB	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Switzerland) GmbH	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Taiwan) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (Thailand) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications (UK) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications Collaboration Services Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications Comunicacoes E Multimídia (Bra___	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications Deutschland GMBH	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications Lanka Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications Middle East Technology Services L_L_C	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications SVCS Pte Ltd	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications Services (International) Pte_ Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications Transformation Services (Hungary) Kft_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications Transformation Services (US) Inc	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications Transformation Services Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications Transformation Services Pte Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Communications Transformation Services South ___	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services (Africa) (Proprietary) Ltd_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services (China) Co_, Ltd_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services (Philippines) Inc_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services (Portugal), Unipessoal LDA	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services (South Africa) (Proprietary) Ltd_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services (Thailand) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Argentina Sociedad Anonima	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Asia Pacific Pte_ Ltd_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Belgium	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Bulgaria EOOD	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Canada Inc_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Chile S_A_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services De Espana, S_A_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services De Mexico, S_A_ De C_V_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Deutschland GmbH	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Do Brasil Ltda_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services France	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Guatemala, S_A_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Indonesia, PT	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Ireland Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Italia S_R_L_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Japan, Ltd_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Luxembourg S_A_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Malaysia Sdn_ Bhd_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Netherlands B_V_	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Osterreich GmbH	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Qatar	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Saudi Arabia	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Sverige Aktiebolag	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services Switzerland Ltd	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consultancy Services UK Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consulting Engineers Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consulting Engineers USA, LLC (Formerly CDI E___	—	—	—	—	—	—	—	—	—	—	0	0
Tata Consumer Products Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Digital Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Electronics America Inc	—	—	—	—	—	—	—	—	—	—	0	0
Tata Electronics Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Electronics Products and Solutions Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Electronics Singapore Pte_ Ltd	—	—	—	—	—	—	—	—	—	—	0	0
Tata Electronics Systems Solutions Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Electronics Taiwan Co_ Ltd	—	—	—	—	—	—	—	—	—	—	0	0
Tata Elxsi Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Engineering Consultants Saudi Arabia Company	—	—	—	—	—	—	—	—	—	—	0	0
Tata Fintech Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Holdings Mocambique Limitada	—	—	—	—	—	—	—	—	—	—	0	—
Tata Holdings Mozambique, Lda	—	—	—	—	—	—	—	—	—	—	—	0
Tata Housing Development Company Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Incorporated	—	—	—	—	—	—	—	—	—	—	0	0
Tata Industries Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata International AG, Zug	—	—	—	—	—	—	—	—	—	—	0	0
Tata International Canada Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata International Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata International Metals (Americas) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata International Metals (Asia) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata International Metals (Guangzhou) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata International Nigeria LFZ Enterprise	—	—	—	—	—	—	—	—	—	—	0	—
Tata International Senegal S_A_	—	—	—	—	—	—	—	—	—	—	0	0
Tata International Singapore Pte Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata International Vehicle Applications Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata International Vietnam Company Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata International West Asia DMCC	—	—	—	—	—	—	—	—	—	—	0	0
Tata Investment Corporation Ltd	2.01	2.01	2.01	2.01	2.01	2.01	2.01	2.01	2.01	2.01	2.01	2.01
Tata Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Medical and Diagnostics Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Motors (SA) (Proprietary) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Motors Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Neu Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Payments Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Pension Management Fund Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Play Broadband Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Play Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Projects Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Realty and Infrastructure Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Securities Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Semiconductor Assembly And Test Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Semiconductor Manufacturing Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Sons Private Limited	20.84	20.84	20.84	20.84	20.84	20.84	20.84	20.84	20.84	20.84	20.84	20.84
Tata South East Asia (Cambodia) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Steel Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Tele NXTGEN Solutions Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Teleservices (Maharashtra) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Teleservices Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Toyo Radiator Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Trustee Company Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Uganda Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Unistore Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Value Homes Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata West Asia FZE	—	—	—	—	—	—	—	—	—	—	0	0
Tata Zambia Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tata Zimbabwe (Private) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tatasolution Center S_A_	—	—	—	—	—	—	—	—	—	—	0	0
Technopolis Knowledge Park Limited	—	—	—	—	—	—	—	—	—	—	0	—
Tejas Communication Pte Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tejas Communications (Nigeria) Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tejas Networks Limited	—	—	—	—	—	—	—	—	—	—	0	0
The Indian Hotels Company Limited	—	—	—	—	—	—	—	—	—	—	0	0
The Switch Enterprises, Llc	—	—	—	—	—	—	—	—	—	—	0	0
The Tata Power Company Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tidel Park Coimbatore Ltd	—	—	—	—	—	—	—	—	—	—	0	0
Tidel Park Ltd	—	—	—	—	—	—	—	—	—	—	0	0
Tiruchirappalli Engineering and Technology Cluster___	—	—	—	—	—	—	—	—	—	—	0	0
TitanX Engine Cooling AB	—	—	—	—	—	—	—	—	—	—	0	0
TitanX Engine Cooling Inc_	—	—	—	—	—	—	—	—	—	—	0	0
TitanX Engine Cooling Kunshan Co_ Ltd_	—	—	—	—	—	—	—	—	—	—	0	0
TitanX Engine Cooling SRL	—	—	—	—	—	—	—	—	—	—	0	0
TitanX Engine Cooling, Sp_z_o_o	—	—	—	—	—	—	—	—	—	—	0	0
TitanX Holding AB	—	—	—	—	—	—	—	—	—	—	0	0
TitanX Refrigeracão de Motores LTDA	—	—	—	—	—	—	—	—	—	—	0	0
Trent Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tril Bengaluru Real Estate Five Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tril Bengaluru Real Estate Six Limited	—	—	—	—	—	—	—	—	—	—	0	0
Tril Real Estate Balewadi Limited	—	—	—	—	—	—	—	—	—	—	0	0
Uchit Expressways Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Ujjwal Pune Limited	—	—	—	—	—	—	—	—	—	—	0	0
VSNL SNOSPV Pte_ Limited	—	—	—	—	—	—	—	—	—	—	0	0
Vidiyal Residency Private Limited	—	—	—	—	—	—	—	—	—	—	0	0
Voltas Limited	—	—	—	—	—	—	—	—	—	—	0	0
World-One (Sri Lanka) Projects Pte_ Limited	—	—	—	—	—	—	—	—	—	—	0	0
World-One Development Company Pte_ Limited	—	—	—	—	—	—	—	—	—	—	0	0
FIIs	17.53%	17.51%	18.53%	19.05%	18.89%	19.01%	18.21%	18.23%	18.11%	17.82%	17.54%	16.11%
Government of Singapore	—	—	—	—	—	1.05	1.05	—	—	—	—	—
DIIs	11.14%	11.23%	10.46%	9.87%	10.25%	10.29%	10.68%	11.28%	11.37%	12.01%	12.59%	13.99%
Icici Prudential Balanced Advantage Fund	—	—	—	—	—	—	—	—	—	—	—	1.61
Life Insurance Corporation of India	2.31	2.09	1.77	1.63	1.6	1.78	2.17	2.28	2.17	2.34	2.44	2.46
Sbi - Various Mutual Funds	—	1.54	—	—	—	—	—	—	—	—	—	—
Sbi Nifty 50 Etf	1.58	—	1.59	1.56	1.59	1.51	1.53	1.59	1.57	1.55	1.55	1.55
Government	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.19%	0.19%	0.19%	0.19%	0.19%	0.19%
Public	18.26%	18.19%	17.93%	18%	17.77%	17.57%	17.94%	17.33%	17.35%	17.01%	16.69%	16.76%
Estate Of Late Mr_ Rakesh Jhunjhunwala	—	—	—	—	—	—	—	—	4.07	—	—	—
Rekha Jhunjhunwala	5.17	5.29	5.36	5.37	5.37	4.23	—	4.07	—	4.08	—	4.25
Rekha Jhunjhunwala - 2	—	—	—	—	—	1.12	4.25	1.07	1.07	1.07	4.08	1.07
Rekha Jhunjhunwala - 3	—	—	—	—	—	—	1.07	—	—	—	1.07	—
Others	0%	0%	0%	0%	0%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%
No. of Shareholders	6,88,377	7,19,167	6,75,193	6,99,659	7,10,646	7,49,319	8,80,587	8,24,661	8,75,901	8,55,126	7,92,131	7,95,466

News & Updates

BSE Announcements

Direct from BSE filings, AI summarised

Titan Company Reports Strong Q2 FY26 Performance and Strategic Expansion, Files Routine SEBI Compliance Certificate

13 Jan 2026

Titan Company Limited: Shareholders Approve Mr. Ajoy Chawla's Appointment as Director and MD via Postal Ballot

12 Jan 2026

Titan Company Limited: Shareholders Approve Mr. Ajoy Chawla's Appointment as Director and MD via Postal Ballot

12 Jan 2026

Titan Company Limited Shareholders Approve Appointments of Ajoy Chawla via Postal Ballot

12 Jan 2026

Titan Company Ltd. Reports Strong Q3 FY26 Performance with 40% YoY Growth in Consumer Businesses

6 Jan 2026

Other Websites

External media mentions

Seiko Bets Big on India: Mumbai Flagship Signals Aggressive Expansion

18 Jan 2026

Indian Stocks Navigate Choppy Waters: Sensex, Nifty Edge Higher Amidst FII Sell-off

14 Jan 2026

Jewellery Stocks Soar: Indian Consumers Defy Record Gold Prices

14 Jan 2026

Indian Markets Retreat as Trade Talks Loom; Investors Cautious

13 Jan 2026

ITC Tax Hike Sinks FMCG Stocks; Q3 Earnings Eyed for Recovery

13 Jan 2026

News Articles

Editorial & research coverage

Seiko Bets Big on India: Mumbai Flagship Signals Aggressive Expansion

18 Jan 2026

Jewellery Stocks Soar: Indian Consumers Defy Record Gold Prices

14 Jan 2026

Indian Markets Retreat as Trade Talks Loom; Investors Cautious

13 Jan 2026

Sensex, Nifty Erase Gains as US-India Trade Talks Cast Shadow

13 Jan 2026

Motilal Oswal Picks Groww, Titan: Top Stocks to Buy for January 2026

12 Jan 2026

Documents

Announcements

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

13 Jan - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended December 31, 2025.

Shareholder Meeting / Postal Ballot-Scrutinizer"s Report

12 Jan - Members approved Ajoy Chawla as Director and Managing Director; postal ballot passed on 11 Jan 2026.

Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot

null

Quarterly Update - Q3 FY 2025-26

6 Jan - Q3 FY26 provisional: Consumer businesses +40% YoY, 56 net stores added, jewellery +41%, international ~80%

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

null

Annual Reports

FY Financial Year 2025

(from bse)

FY Financial Year 2024

(from bse)

FY Financial Year 2023

(from bse)

FY Financial Year 2022

(from bse)

FY Financial Year 2021

(from bse)

FY Financial Year 2020

(from bse)

FY Financial Year 2019

(from bse)

FY Financial Year 2018

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FY Financial Year 2017

(from bse)

FY Financial Year 2016

(from bse)

FY Financial Year 2015

(from bse)

FY Financial Year 2014

(from bse)

FY Financial Year 2013

(from bse)

FY Financial Year 2012

(from bse)

FY Financial Year 2011

(from bse)

Credit Ratings

Rating update

29 Sep 2025 from icra

Rating update

3 Sep 2025 from icra

Rating update

2 Sep 2025 from care

Rating update

7 Aug 2025 from care

Rating update

30 Jul 2025 from icra

Rating update

30 Jul 2025 from crisil

Concalls

Nov 2025

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Titan Company Ltd

ABOUT

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