
Titan Company Limited is a Tata Group company that started operations in 1984 as Titan Watches Limited. Titan has become a household name in India and is considered one of the country’s most successful consumer brands. The company’s success is attributed to its focus on design and innovation, and its commitment to quality and customer expectations. Titan has grown to include 16 brands, over 2,000 stores, and a 6% market share in India’s jewelry market
Titan’s success story includes:
- Watches: Titan started by making basic, mid-range, premium, and elite watches, and became a tradition for some families to give Titan watches to their children when they turn 18.
- Jewelry: In 1994, Titan expanded into jewelry with Tanishq and is now India’s largest branded jewelry maker, with over 80% of its revenue coming from jewelry.
- Eyewear: In 1994, Titan expanded into eyewear with Titan Eyeplus.
- Fashion accessories: In 2005, Titan launched Fastrack, a youth fashion accessories brand.
- Other brands: Titan also has the brands Skinn and Taneira.
Titan’s slogan is “Be More”, and the company aims to continue growing while maintaining its values and product quality.
Today, Titan has a market cap of around INR 2,30,545 Cr. Titan’s revenue in 2022 was a whopping INR 29,033 Cr, & operating income was around INR 2,938 Cr. Titan is one of Tata Groups most successful brands & often considered to be one of India’s greatest success stories
Titan Company Limited makes money by selling its products, including jewelry, watches, eyewear, wearables, Indian dress wear, fragrances, and fashion accessories. In 2022–2023, Titan’s financial highlights were: Revenue: 38,569, EBITDA: 5,069, PBT: 4,465, and PAT: 3,333
In 2005, it launched its youth fashion accessories brand Fastrack. The company is the largest branded jewellery maker in India, with more than 80% of its total revenues coming from the jewellery segment
Why did rakesh junjunwala invest in Titan
Rakesh Jhunjhunwala, also known as the “Big Bull”, invested in Titan in 2002–2003 when the company was not doing well financially. Jhunjhunwala believed in Titan’s long-term potential and continued to buy and sell shares over time. As of August 2022, Jhunjhunwala owned 5.10% of Titan, which was almost one third of his portfolio
Jhunjhunwala’s investment in Titan played a major role in making him a billionaire. As of March 2023, Jhunjhunwala and his wife, Rekha, owned 5.29% of Titan
Rakesh Jhunjhunwala, invested in Ratan Tata’s consumer venture when the company wasn’t doing well financially. Fast forward a few years, & Titan became a leading brand of consumer products in India. The brand also played a key role in making Mr. Jhunjhunwala a billionaire
Who is the largest stock holders in Titan
As of May 3, 2024, the largest shareholders of Titan Company Limited are:
- Tamilnadu Industrial Development Corp. Ltd.: 27.88%
- Tata Sons Pvt Ltd.: 21.40%
- TIDCO: 27.88%
As of March 2024, promoters held 52.90% of Titan, and FII/FPI held 19.01%. The top three shareholders own 55% of the company, and institutions own 19%
We note that hedge funds don’t have a meaningful investment in Titan. Tamil Nadu Industrial Development Corporation Limited is currently the company’s largest shareholder with 28% of shares outstanding
Is Titan a large cap stock
Yes, as of May 2, 2024, Value Research classifies Titan Company Limited as a large cap company with a market capitalization of ₹ 3,16,895 Cr
Titan Company Ltd. has a market capitalisation of ₹ 3,16,895 Cr as on 02-May-2024. As per Value Researchclassification, it is a Large Cap company
Titan Company Limited’s stock is in the Diamond, Gems, and Jewellery sector. Tickertape also classifies Titan’s stock as Consumer Discretionary Precious Metals, Jewellery, and Watches
What is the other name of Titan watch?
In 1994, Titan launched its jewellery brand Tanishq. In 1998, the company launched its watch & accessories brand, Fastrack, targeted at a younger audience in a bid to compete with Timex
Is Titan watch a luxury brand?
Titan watches is an affordable Indian luxury brand that manufactures high-end products
What is the full form of Titan?
TITAN is a short form of Tata Industries Tamil Nadu, it. was started as a joint venture between TN govt and. Tata Industries. TITAN today is the 4th largest Luxury. watch maker in the world, it also owns brands like
Fossil a Titan brand?
Titan is parallely expanding its presence in multi-brand watch retailing through its “Helios” chain. The chain sells 50 more brands such as Guess, Fossil, Esprit, DKNY, Gucci, Versace, Emporio Armani, Tag Heur and Raymond Weil, as a dealer, apart from Titan’s four licensed brands
Which brand is no 1 in watch?
1. Rolex. Rolex is a Swiss luxury watch manufacturer based in Geneva, Switzerland. The company is well-known for its high-quality and precision timepieces, and its watches are considered some of the world’s finest
Who owns Tanishq?
Tata-owned jewelry brand, Tanishq, is aiming for double-digit growth in FY24, with plans to expand its high-value and solitaire segment by 2x and wedding and occasion wear segment by 1.5x, according to Ajoy Chawla, CEO Jewellery Division, Titan Company Limited
Which country made Titan watch?
What are Titan watches? Founded in the year 1984, Titan is an iconic Indian accessories’ brand
What are the big 3 watch brands?
The Holy Trinity, also known as The Big Three, is the name given in horology to three of the biggest and oldest watchmakers in the world. The watch brands are Patek Phillipe, Audemars Piguet and Vacheron Constantin, known for their complex and high-end movements. The classification dates back to at least the 1970s.
Why Titan Wins — The Story Of India’s Most Successful Consumer Brand
One of India’s most successful investors, Mr. Rakesh Jhunjhunwala, invested in Ratan Tata’s consumer venture when the company wasn’t doing well financially. Fast forward a few years, & Titan became a leading brand of consumer products in India
Titan is a brand that sells watches (entry level, mid-range, premium & luxury ones), jewellery, eyewear & perfumes. It operates a number of sub-brands such as Tanishq, Fastrack, Sonata, Nebula, RAGA, Regalia, Skinn, Octane & Xylys. It also exports watches to around 32 countries globally.
Titan was launched in 1984 as a joint venture between Tata Group & Tamil Nadu Industrial Development Corporation or TIDC
Early Beginnings
The goal was to create a watch that was within the reach of the everyday consumer. Watches, during the older times, were mostly mechanical. As mechanical watches have a lot of moving parts, they’re of course expensive to make and maintain. So making one for the everyday consumer would’ve been a bit difficult.
Quartz watches however, changed everything.
Titan wanted to make watches as well. But watches that would be accessible & also an affordable gifting option for the everyday consumer. Enter, the Titan Quartz watch.
Titan opened its first outlet in 1987, in Safina Bazaar, Bangalore (now Bengaluru). Hundreds of people turned up for the opening. Today, Titan has more than 1,000 stores across india.
Evolving the product
Unlike even some premium global watch brands, Titan didn’t stick to one watch style. They kept on improving and innovating. Now, they have tons of different styles across the board, so people can pick a watch as per their preferences. One can make the same case with their other brands as well
The stock that keeps on giving
Here is a story to end this article. In 2003, Indian investor Rakesh Jhunjhunwala invested in Titan Company and bought shares at INR 40.
Titan’s stock price has since grown to be around INR 2,593.
According to Jhunjhunwala’s friend, the stock purchase wasn’t even based on any research or tip-off. It was pure chance. He took a bet, and it paid off.
Titan Company has been a favourite stock for many Indian investors. Over the years, the stock have given consistent returns, even when some other similar stocks failed to deliver.
Titan watches are an Indian brand known for their quality, design, and durability. Some say they are good value for money, while others say the timekeeping is poor. Here are some insights from reviews:
Pros
- Attractive designs
- Comfortable
- Good value for money
- Superior quality
Cons
- Poor timekeeping
- Worst packaging
- Loose chain link joints
- Small date hole
Here are some insights from reviews of specific Titan watches:
- Titan Analog Watch For Men One reviewer says it’s a good product that’s worth the money and suits formal wear, but the packaging was poor.
- Titan Men Stainless Steel Analog Watch One reviewer says it has an excellent design, but the chain link joints are loose, the date hole is small, and there are issues with the radium, date, 1/10th second, and sound.
- Titan Edge Analog Watch Men One reviewer says it’s an excellent watch with gold plating that’s better than average, classy golden Roman numerals, and a shiny white dial.
Some say Titan watches are expensive because they are made with high-quality materials like stainless steel, titanium, and sapphire crystal glass. Titanium watches are more expensive than stainless steel watches because of the complex manufacturing process and material. However, they are still cheaper than luxury watches made of gold or platinum
Titan Raga watches are also considered expensive because they are an Indian luxury brand that makes high-end watches for women
These watches are made with only the highest-quality materials, such as stainless steel, titanium, and sapphire crystal glass. This ensures that each watch is durable and long-lasting, making it a worthwhile investment
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