TITAN COMPANY LIMITED

Titan Company Limited reported strong growth in its Q1 FY '27 earnings conference call, with management highlighting all-round growth across its businesses and brands. Ajoy Chawla, Managing Director, noted that the quarter was better than previous ones, driven by disciplined execution and volume growth. CFO Ashok Sonthalia mentioned that despite an unfavorable operating environment, the company achieved a consolidated realization of ₹407 crores, aided by customs duty changes. The jewellery division's EBIT margin was reported at 10.9%, with management indicating that gains from customs duty and market volatility could reverse in future quarters. The management also discussed consumer behavior, noting a recovery in demand post-Adhik Maas and a resurgence in studded jewellery sales. Overall, management expressed confidence in maintaining a double-digit growth trajectory in the jewellery segment, emphasizing the importance of market share and regionalization strategies.

Management emphasized strong growth and positive execution across all business segments.