Titan Share Price Jumps Over 6%; Jewellery, Eyewear, Wearables Fuel Q4 Growth

Titan Company’s share price was trading strong at ₹3,172 at 9:50 AM on the NSE, marking a gain of ₹149.80 or 4.96% from the previous close of ₹3,022.20. The stock opened at ₹3,149.70 and surged to an intraday high of ₹3,227.25, with the day’s low recorded at ₹3,126.10.

The rally followed the release of its March quarter business update, which showcased an impressive 25% year-on-year revenue growth across its key business segments.

Jewellery Shines Despite Mixed Demand Trends

The jewellery segment, Titan’s largest revenue contributor, saw a 25% YoY jump in sales. This performance was primarily supported by a rise in gold prices.

However, the spike in gold rates also slightly softened demand in lower price brackets, resulting in only single-digit growth in the number of buyers.

Eyecare, Watches, and Wearables Show Steady Momentum

Titan’s eyecare division recorded a 19% YoY rise in revenue, supported by a growing customer base and healthy volume traction.

The watches and wearables segment wasn’t far behind, reporting a 22% revenue increase as consumer interest remained strong.

Fragrances and Accessories Post Robust Gains

Other segments—including fragrances and fashion accessories—collectively grew by 26% compared to the same quarter last year. Within this category, fashion accessories alone reported a 12% uptick in sales.

The company also launched its first experiential store for its fragrance brand ‘SKINN’ at Seawoods, Mumbai, and expanded its premium handbag brand ‘IRTH’ with four new stores across Hyderabad, Pune, Noida, and Mumbai.

Mixed Performance from Taneira and Caratlane

Titan’s ethnic wear brand, Taneira, faced a slight setback with a 4% decline in sales during the quarter. One store was closed during this period. In contrast, digital-first jewellery brand Caratlane posted a solid 22% YoY revenue increase.

Growth was powered by strong demand in gold jewellery and a good performance from its studded collection. The brand added 17 new domestic outlets on a net basis and reported 11% like-to-like growth, with buyer numbers rising in mid-single digits.

Conclusion

Titan’s robust Q4 business update highlights the company’s resilience and diversified growth across key segments like jewellery, eyewear, and wearables.

While rising gold prices impacted affordability in lower price ranges, the strong overall revenue momentum and expansion in premium offerings suggest that Titan continues to strengthen its leadership in the lifestyle and luxury retail space.

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