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

6

Titan at a Glance

475 bn

TTM Total Income (1)

~11.8k

Employees on roll

Note:

  1. Total Income excludes bullion sales
  2. BSE Market Capitalization as of March 31, 2024
  3. 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

7

Our Business Segments

Jewellery

Watches & Wearables

EyeCare

Fragrances

Fashion Accessories

Indian Dress Wear

8

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

  1. Market share as a % of Total Indian Jewellery market based on internal estimates
  2. All figures are on a consolidated basis
  3. 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

10

New Campaigns and Collections in Q4FY24

9

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.