Titan
₹4,515.70Change from previous close: −1.55%Absolute change: −₹71.30
At a glance
- Revenue growth
- +44.87%
- FY to Mar 2026 vs FY to Mar 2025
- Net income growth
- +52.02%
- FY to Mar 2026 vs FY to Mar 2025
- Net margin
- 5.8%
- FY to Mar 2025: 5.5%
Financial data
Amounts in millions of INR; per-share values in INR; shares in millions.
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 55,900 | -5,410 | 16,950 | 13,700 | -7,240 | 41,390 | -3,480 | 12,429 | -511 | 17,123 |
| Depreciation and amortization | 7,640 | 6,320 | 5,420 | 4,090 | 3,660 | 3,450 | 3,240 | 1,480 | 1,227 | 1,069 |
| Capital expenditure | -9,020 | -4,940 | -6,910 | -4,320 | -2,240 | -1,460 | -3,550 | -2,647 | -3,049 | -2,561 |
| Investing cash flow | -29,340 | 5,460 | -1,890 | -18,110 | 11,640 | -28,010 | 2,350 | -7,983 | 964 | -9,844 |
| Financing cash flow | -21,590 | -70.0 | -13,290 | 4,570 | -4,030 | -12,340 | -2,420 | -4,888 | -2,525 | -1,656 |
| Dividends paid | -9,760 | -9,760 | -8,880 | -6,660 | -3,550 | -3,550 | -4,450 | -3,974 | -2,774 | -35.5 |
| Share repurchases | 0.0 | -60.0 | -4,370 | 0.0 | — | — | — | — | — | — |
| Debt issued | 33,140 | 25,990 | 56,290 | 16,840 | 3,490 | — | 6,930 | — | 790 | — |
| Debt repaid | -34,970 | -10,780 | -3,180 | -2,610 | -1,790 | -6,760 | -2,330 | -389 | — | -1,243 |
| Effect of exchange rates | -310 | 0.0 | 0.0 | -30.0 | 10.0 | 20.0 | — | 17.3 | 12.6 | — |
| Net change in cash | 4,660 | -20.0 | 1,770 | 130 | 380 | 1,060 | -3,550 | -425 | -2,060 | 5,623 |
| Free cash flow | 46,880 | -10,350 | 10,040 | 9,380 | -9,480 | — | — | — | — | — |
| Levered free cash flow | -68,024 | -47,976 | -426 | 9,481 | -34,754 | 6,814 | 234 | 328 | -2,372 | -6,129 |