BSECompany Update6 Oct 2026 · 6 Oct 2026, 06:20 pm
Quarterly Update - Q2 of FY 2026-27
Titan Company Ltd · 500114
✦ AI Summary▲ PositiveResults
Titan Company Ltd reported a 25% YoY growth in its consumer businesses for Q2 FY 2026-27, with a total of 78 stores added during the quarter, taking the combined retail network presence to 3,758 stores. The company's jewellery, watches, and eye care businesses also reported strong growth, with the latter delivering a 28% YoY growth.
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Titan Company Ltd - 500114 - Quarterly Update - Q2 FY 2026-27
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SEC 76 / 2026-27 6th October 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G
Dalal Street Bandra Kurla Complex
Mumbai 400 001 Bandra (E), Mumbai 400 051
Maharashtra, India Maharashtra
Scrip Code: 500114 Symbol: TITAN
Dear Sirs,
Sub: Quarterly Update – Q2 FY 2026-27
This is to provide the quarterly update for Q2 of FY 2026-27 as furnished in the attached
document.
This is for your information and records.
Thank You.
Yours truly,
For TITAN COMPANY LIMITED
Dinesh Shetty
General Counsel & Company Secretary
Encl: As above
Titan Company Limited
`INTEGRITY` #193 Veerasandra Electronics City P.O. Off Hosur Main Road, Bangalore 560100 India. Tel: 9180 6704 7000 Fax: 9180 6704 6262
Registered Office 3, Sipcot Industrial Complex Hosur 635 126 TN India. Tel-91 4344 664 199 Fax 91 4344 276037, CIN: L74999TZ1984PLC001456
www.titancompany.in
6th October 2026 QUARTERLY UPDATE – Q2FY27
Titan Company’s Consumer Businesses registered a growth of c.25% YoY in Q2FY27. A total of 78 stores (net)
were added during the quarter expanding the combined retail network presence to 3,758 stores.
YoY Growth (%) Store Additions (#) Total Stores (#)
Businesses
(Q2FY27 v/s Q2FY26) Q2FY27 (net) (as of Sep’26)
Domestic 22% 77 3,594
Jewellery 21% 42 1,269
Tanishq, Mia, Zoya, beYon 20% 29 875
CaratLane 32% 13 394
Watches 30% 34 1,379
EyeCare 28% - 847
Emerging Businesses 21% 1 99
International* 97% 1 164
Consumer Businesses 25% 78 3,758
Note: Growth percentages rounded to the nearest integer; Metrics exclude Bullion and Digi-gold sales;
* - International Business includes metrics of Damas Jewellery (67% holding) that was consolidated in Titan effective Jan’ 26
Domestic:
• Jewellery – Portfolio (all brands) clocked c.21% YoY growth for the quarter. Consumer demand
was healthy for most of the quarterly period, with some softening towards the close owing to
shift in the festive calendar to Q3FY27. Aided by 'Festival of Diamonds’ and brand-level
promotions, studded jewellery grew strongly in the early thirties while plain gold jewellery grew
c.20% YoY. The investment-led coins demand tapered (off a high base), resulting in high single-
digit decline YoY. Buyer growth (at a portfolio level) came in mid-single digits with average ticket
sizes seeing double-digit growth in this period.
• Watches – Business recorded a robust c.30% YoY growth for the quarter. Continuing to ride on
strong premiumization trends, Analog watches clocked healthy growth in the early thirties. Smart
Watches business saw a recovery with encouraging high single digit growth for the quarter.
• EyeCare – Division delivered a strong performance with growth of c.28% YoY, driven by focused
execution across key strategic priorities. The multi-brand approach, continuous upgradation of
the (existing) store network and a sharper merchandise portfolio is meaningfully enhancing the
overall customer experience, yielding encouraging results for the business.
• Emerging Businesses – In the portfolio, Fragrances clocked mid-thirties growth YoY, Women’s
Bags grew (YoY) in the twenties, and Taneira’s growth was in high single digits YoY.
International: The Jewellery businesses of Tanishq, Mia and CaratLane (combined) continued its strong
double-digit momentum in North America. The GCC business has held up well in a volatile geopolitical
environment and recording improving growths for Tanishq, with Damas showing early signs of recovery.
The above information for the period ended 30th Sep’26 is provisional and subject to Limited Review by Statutory Auditors of the Company.
For Titan Company Limited,
Ashok Sonthalia
Chief Financial Officer
Titan Company Limited
`INTEGRITY`, #193, Veerasandra, Electronics City P.O., Off Hosur Main Road, Bengaluru 560100, Karnataka, India. Tel: +91-80-6704-7000 Fax: +91-80-6704-6262
Registered Office: 3, SIPCOT Industrial Complex, Hosur 635126, Tamil Nadu, India. Tel: +91-4344-664-199 Fax: +91-4344 -276-037: CIN: L74999TZ1984PLC001456
www.titancompany.in