Titan

500114 · BSE · INR

₹4,535.00

Close · October 1, 2026

At a glance

Revenue growth: +26.78%; FY to Mar 2026 vs FY to Mar 2025
Net income growth: +40.55%; FY to Mar 2026 vs FY to Mar 2025
Net margin: 16.2%; FY to Mar 2025: 14.7%

Financial data

Amounts in millions of INR; per-share values in INR; shares in millions.

Balance sheet · Annual
Item	FY to Mar 2026	FY to Mar 2025	FY to Mar 2024	FY to Mar 2023	FY to Mar 2022	FY to Mar 2021	FY to Mar 2020	FY to Mar 2019	FY to Mar 2018	FY to Mar 2017
Total assets	1,923	1,089	511	202	40.9	39.5	43.2	83.4	51.4	92.3
Current assets	835	617	169	36.7	23.0	15.7	13.6	55.1	18.4	53.5
Cash and equivalents	6.7	4.6	10.8	4.5	0.2	0.0	0.0	0.1	0.1	0.2
Short-term investments	204	15.7	6,350	7,440	4,370	—	—	—	—	—
Receivables	98.4	131	71.0	0.1	0.1	15.7	9.9	51.4	14.5	14.3
Inventory	64.6	14.1	190,510	165,840	136,090	—	—	—	—	38.8
Net property, plant and equipment	378	344	342	165	18.0	23.8	29.6	28.3	33.0	38.8
Goodwill	7,580	1,230	1,230	1,230	1,230	—	—	—	—	—
Other intangible assets	710	128	3,140	2,570	2,450	—	—	—	—	—
Long-term investments	12,570	6,510	6,790	3,510	2,790	—	—	—	—	—
Current liabilities	95.6	12.3	30.1	29.3	26.8	34.5	33.0	72.3	40.4	81.3
Accounts payable	7.9	19,630	14,100	12,140	12,940	—	—	—	—	—
Long-term debt	44.6	28.5	18.6	2.8	3.5	4.2	4.9	—	—	—
Total debt	44.6	28.5	18.6	2.8	3.5	4.2	4.9	—	—	—
Total liabilities	140	40.1	48.1	31.4	29.7	38.1	37.3	71.7	39.7	80.7
Total equity (incl. minority)	1,783	1,049	463	170	11.2	1.4	5.9	11.7	11.7	11.7
Retained earnings	156	100.0	60.2	4.0	-13.6	-23.4	-18.8	-13.0	-13.0	-13.1
Minority interest	—	0.0	0.0	530	300	—	—	—	—	—