Titan

TITAN · NSE · INR

₹4,515.70−1.55%−₹71.30

Close · October 1, 2026

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.

Income statement · 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 revenue	875,840	604,560	510,840	405,750	287,990	216,440	210,520	197,785	161,198	132,608
Cost of revenue	703,570	475,110	394,870	303,990	216,800	164,400	151,900	144,274	117,135	95,074
Gross profit	172,270	129,450	115,970	101,760	71,190	52,040	58,620	53,511	44,063	37,534
Selling, general and administrative	42,870	35,020	30,600	26,480	19,660	13,860	17,870	18,459	15,960	9,829
Operating income	75,490	50,080	47,140	44,410	29,630	13,860	21,220	19,781	15,188	10,597
EBIT	75,490	50,080	47,140	44,410	29,630	13,860	21,220	19,781	15,188	10,597
EBITDA	78,860	52,800	49,450	46,060	31,430	15,550	22,820	21,261	16,415	11,666
Interest expense	11,800	9,530	6,190	3,000	2,180	2,030	1,660	525	529	377
Pre-tax income	68,010	45,350	46,230	44,470	29,040	13,270	21,020	19,569	15,298	9,733
Income tax	17,280	11,980	11,270	11,730	7,060	3,530	6,090	5,682	4,279	2,760
Net income	50,730	33,370	34,960	32,500	21,730	9,730	15,010	14,042	11,301	7,115
Net income to common shareholders	50,730	33,370	34,960	32,500	21,730	9,730	15,010	14,042	11,301	7,115
Basic EPS	57.19	37.62	39.40	36.61	24.48	10.96	16.91	15.82	12.73	8.01
Diluted EPS	57.16	37.61	39.38	36.61	24.48	10.96	16.91	15.82	12.73	8.01
Average shares (basic)	887	887	887	888	888	888	888	888	888	888
Average shares (diluted)	888	887	888	888	888	888	888	888	888	888
Dividend per share	15.00	11.00	11.00	10.00	7.50	4.00	4.00	5.00	3.75	2.60