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Glittering growth for Titan
Financial Express Kochi
|February 17, 2026
THE COMPANY IS FOCUSING ON LIGHTWEIGHT JEWELLERY
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JEWELLERY AND WATCH MAKER Titan sparkled in the third quarter of financial year 2026 (Q3FY26),as the Tata group-managed firm delivered a robust performance across its core jewellery franchise and emerging verticals.
Consolidated revenue surged 43% year-on-year (yo-y) ₹25,420 crore, ahead of estimates, underpinned by strong festive demand and resilient consumer sentiment despite volatile gold prices. Given Titan’s brand equity, sourcing strengths, youth-centric positioning and reinvestment strategy, it remains well placed to outpace industry growth as the jewellery market continues to formalise. The brokerage has reiterated its ‘Buy’ rating with a target price of ₹5,000, valuing the stock at 60 times estimated December 2027 EPS.
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