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Titan Company information


Titan Company Limited
Company typePublic
Traded as
  • BSE: 500114
  • NSE: TITAN
  • BSE SENSEX Constituent
  • NSE NIFTY 50 Constituent
ISININE280A01028
IndustryLifestyle
Founded1984; 40 years ago (1984)
FounderThomas S P[1]
Headquarters
Bangalore, Karnataka
,
India
Area served
Worldwide
Key people
  • Arun Roy (Chairman)
  • C. K. Venkataraman (MD, CEO)[2][3]
ProductsWatches, Jewellery, Bags, Perfumes, Belts, Wallets and Eyewear
Brands
  • Fastrack
  • Tanishq
  • Skinn by Titan
  • Titan Eyeplus
  • Sonata[4]
  • Favre-Leuba
  • Taneira
RevenueIncrease 51,617 crore (US$6.5 billion) (2024)[5]
Operating income
Increase 4,622 crore (US$580 million) (2024)[5]
Net income
Increase 3,496 crore (US$440 million) (2024)[5]
Total assetsIncrease 31,550 crore (US$4.0 billion) (2024)[5]
Total equityIncrease 9,393 crore (US$1.2 billion) (2024)[5]
Owner
  • TIDCO (27.88%)
  • Tata Sons (25.02%)[6]
Number of employees
Increase~7,857 (2023)[5]
ParentTata Group
Subsidiaries
  • Tanishq
  • Fastrack (fashion accessories)
  • Titan Engineering and Automation Limited
  • CaratLane
  • Favre-Leuba
Websitetitancompany.in

Titan Company Limited is an Indian company that mainly manufactures luxury fashion accessories such as jewellery, watches and eyewear. Part of the Tata Group and started as a joint venture with the TIDCO, the company has its corporate headquarters in Electronic City, Bangalore,[7] and registered office in Hosur, Tamil Nadu.[8]

Titan Company commenced operations in 1984 under the name Titan Watches Limited. In 1994, Titan diversified into jewellery with Tanishq and subsequently into eyewear with Titan Eyeplus. In 2005, it launched its youth fashion accessories brand Fastrack.[9] The company is the largest branded jewellery maker in India, with more than 80% of its total revenues coming from the jewellery segment.[10] As of 2022, Titan has a 6% market share in India's jewellery market.[11] As of 2019, it is also the fifth-largest watch manufacturer in the world.[12]

  1. ^ "Xerxes Desai, founder of Titan, dies". Livemint.com. 28 June 2020. Archived from the original on 7 October 2018. Retrieved 7 October 2018.
  2. ^ "C K Venkataraman is COO, Titan Jewellery Division". afaqs.com. 7 January 2020. Archived from the original on 7 October 2018. Retrieved 7 October 2018.
  3. ^ "Titan Co Ltd". bloomberg.com. Retrieved 7 October 2020.
  4. ^ "About Sonata". www.sonatawatches.in. Archived from the original on 9 July 2020. Retrieved 9 July 2020.
  5. ^ a b c d e f "Annual Report for the FY 2024" (PDF). Titan Company. 3 May 2023. Retrieved 3 May 2023.
  6. ^ Nair, Remya (27 October 2020). "Tatas got panned for Tanishq ad. But this state govt is the largest shareholder in Titan". ThePrint. Archived from the original on 7 December 2021. Retrieved 7 December 2021.
  7. ^ "When an office becomes a people's home". Livemint. Archived from the original on 8 November 2020. Retrieved 17 April 2020.
  8. ^ "A Titan of Bengaluru". The Times of India. Archived from the original on 7 December 2021. Retrieved 7 December 2021.
  9. ^ "On the Fastrack". The Financial Express. 27 May 2008. Archived from the original on 11 October 2021. Retrieved 17 February 2021.
  10. ^ "Titan Expects Jewellery Business To Perform Better During October–March". BloombergQuint. Archived from the original on 11 October 2021. Retrieved 17 February 2021.
  11. ^ "Titan aims to grow 2.5 times in jewellery business in next 5 years". Business Today. 13 May 2022. Archived from the original on 16 June 2022. Retrieved 29 June 2022.
  12. ^ Sinha, Ashish. "Titan: Titanic Success". BW Businessworld. Archived from the original on 8 May 2021. Retrieved 17 February 2021.

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