Titan Company Limited
Earnings Presentation for the Quarter and Year ended March 31, 2024
Disclaimer
This document, prepared by Titan Company Limited (the "Company"/"we"/"our"/"Titan"), is solely for information purposes and does not constitute any offer, invitation, recommendation, invitation to purchase or subscribe to any of Titan's securities, and shall not form the basis of or be relied on in connection with any contract or binding commitment whatsoever.
Certain statements are included in this release containing words or phrases such as "will," "aim," "will likely result," "believe," "expect," "will continue," "anticipate," "estimate," "intend," "plan," "contemplate," "seek to," "future," "objective," "goal," "project," "should," "will pursue" and similar expressions or variations of these expressions, that are "forward-looking statements". Actual results may differ materially from those suggested by
these forward-looking statements due to certain risks or uncertainties associated with our expectations with respect to, but not limited to, our ability to implement our strategy successfully, the market acceptance of and demand for our products, our growth and expansion, the adequacy of our allowance for credit to franchisees, dealers and distributors, technological changes, volatility in income, cash flow projections and our exposure to market and operational risks. By their nature, certain market risk disclosures are only estimates and could be materially different from what may actually occur in the future. As a result, actual future gains, losses or impact on net income could materially differ from those that have been estimated.
In addition, other factors that could cause actual results to differ materially estimates in the forward-looking statements include, but are not limited to, general economic and geo-political conditions in India and the other countries that have an impact on our business activities; inflation, unanticipated variance in interest rates, foreign exchange rates, the prices of raw material including gold and diamonds, or other rates or prices, changes in Indian and foreign laws and regulations, Acts of God, acts of terrorism, acts of war and pandemics, tax and accounting regulations, and changes in competition and the pricing environment in India. The Company may, from time to time make additional written and oral forward-looking statements, including statements contained in the Company's filings with SEBI and the Stock Exchanges and in our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company, to reflect events or circumstances after the date thereof.
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Agenda
1. Company Overview
About Titan | Titan Journey | Titan at a Glance | Our Business Segments | Lifestyle Brands
2. Company Performance
Total Income | EBIT
3. Business Performance
Jewellery | Watches & Wearables | EyeCare | Emerging Businesses | Key Subsidiaries
4. Retail Network
Jewellery | Watches & Wearables | EyeCare | Taneira | Retail Sales Growth
5. Financial Performance
Statement of Profit and Loss | Total Income and EBIT | Capital Employed | Balance Sheet | Financial Trends
6. Other Updates
Dividend | Shareholding Information | Awards & Recognition | Sustainability at Titan
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Company Overview
About Titan
Titan Journey
Titan at a Glance
Our Business Segments
Lifestyle Brands
Our Vision
We create elevating experiences for the people we touch and significantly impact the world we work in
Our Mission
We will do this through a pioneering spirit and a caring, value-driven culture that fosters innovation, drives performance and ensures the highest global standards in everything we do
India's
most prestigious lifestyle products company
Titan Journey
Dissolution of | |
Crossed the 1mn | partnership with Timex |
and Launch of | |
watches | |
milestone |
1,000 stores | Launch of |
milestone | |
1989
19982008
Launch of
2015 | 2022 |
Company incorporated,
JV between the Tata group and Tamilnadu Industrial Development Corporation
1984
1987
State-of-the-art Jewellery making facility inaugurated
1994
1992
Joint venture
with Timex
and
Precision
Engineering (PED)
2005
2003 | 2009 |
Launch of
2011
demerged PED to wholly-
owned subsidiary
and merged Gold Plus with Tanishq
2017
2016
Acquisition of
Commenced watch
production, Launch of
1996
and opened the first
showroom in Bangalore
Company updates
Brand/ Channel launches
Acquisitions / Joint Ventures
and Golden Harvest
Scheme 2007
2013
Launch of | 2020 |
Acqui-hire of | |
and Titan E-commerce | HUG Innovations |
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Titan at a Glance
₹475 bn
TTM Total Income (1)
~11.8k
Employees on roll
Note:
- Total Income excludes bullion sales
- BSE Market Capitalization as of March 31, 2024
- All numbers are on a consolidated basis
₹3,378 bn | 3,035 | 4.14 mn |
Market Capitalization (2) | Stores | Retail Area sq ft |
10 | 35 mn+ | 428 |
Manufacturing and | ||
Assembly Facilities | Encircle Members | Town Presence |
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Our Business Segments
Jewellery | Watches & Wearables | EyeCare |
Fragrances | Fashion Accessories | Indian Dress Wear |
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Jewellery
India's Leading Organised Jewellery Retailer
2 Manufacturing facilities | Leveraging technology in |
in Hosur & Pantnagar | manufacturing |
~7% | 937 |
Jewellery | Exclusive Brand |
Market Share1 | Outlets3 |
20%+ | 282 |
Digitally influenced | |
Town Presence | |
Sales in Q4FY24 | |
- Market share as a % of Total Indian Jewellery market based on internal estimates
- All figures are on a consolidated basis
- Exclusive Brand Outlets include Tanishq (479), Mia (178), Zoya (8) and CaratLane (272)
4 state of the art Karigar Centers
40%+
Sales through Gold
Exchange Programme
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New Campaigns and Collections in Q4FY24
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Watches & Wearables
India's Leading Watches Company
1,120 | 8,000+ |
Exclusive Brand | |
Multi-brand Outlets | |
Outlets1 | |
330 | 18 |
Town Presence | New Campaigns and |
Pan-India | Collections in Q4FY24 |
1. Exclusive Brand Outlets include Titan World (665), Helios (237) and Fastrack (218)
2 Manufacturing facilities in
Hosur and Coimbatore
3 Assembly facilities in Roorkee, Pantnagar and Sikkim
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Disclaimer
Titan Company Limited published this content on 03 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 May 2024 12:24:08 UTC.