Titan Company shares surge over 4% after posting 13% YoY jump in Q4 net profit

Shares of Titan Company surged 4.5% to their intraday high of Rs 3,515.75 on BSE on Friday after the firm reported a 13% year-on-year (YoY) rise in consolidated net profit to Rs 871 crore for the fourth quarter, up from Rs 771 crore in the same period last year.

The company’s total income rose 22% YoY to Rs 14,049 crore during the quarter.

EBITDA grew 23% YoY to Rs 1,470 crore, while EBITDA margin expanded by 8 basis points to 10.5%.


The Tata Group company’s total income stood at Rs 14,049 crore, up 23% compared to Rs 11,472 crore in the year-ago period.

Additionally, Titan declared a dividend of Rs 11 per equity share on Thursday, payable seven days after its 41st Annual General Meeting (AGM).

Titan Share Price Performance

Shares of Titan have gained 3% over the past year. However, the stock has delivered strong long-term returns of 52% over three years and 305% over five years. Its one-year return underperformed the broader sector, industry, Sensex, and Nifty50 benchmarks.

Analyst Ratings and Target Price

According to Trendlyne, the stock has an average target price of Rs 3,690 based on estimates from 34 analysts, implying a potential upside of 10% from current levels. The consensus rating is a 'Buy'.