On April 8, 2025, shares of Titan Company experienced a notable increase, surging by 6.5% as they bounced back from a recent 52-week low. This positive momentum followed the release of an impressive business update for the March 2025 quarter (Q4FY25), showcasing robust performance across its core segments and a steady expansion in its retail presence. As a result, the Tata Group subsidiary closed the fiscal year on a high note, reporting a remarkable 25% year-on-year (YoY) growth in revenue for Q4.

Strong Revenue Growth Across Key Segments

Titan’s success can be attributed to its diverse offerings, which include jewellery, watches, eyewear, and emerging businesses. The company reported adding 72 new stores during the quarter, boosting its total retail network to 3,312 locations. This expansion reflects Titan’s commitment to enhancing its market reach.

• Jewellery Division: Titan’s jewellery segment, the backbone of its business, recorded a 24% YoY growth in Q4FY25. This growth was largely driven by a surge in gold prices, which led to a 27% increase in plain gold jewellery sales and a staggering 65% rise in gold coin purchases. Despite the challenges posed by higher gold prices impacting affordability, the premium market segment thrived, showing significant resilience.

Watches and Eyewear Continue Strong Performance

The watches and wearables division also made a substantial contribution, posting a 20% YoY increase in Q4. Key brands like Titan, Fastrack, and Sonata played a vital role in this growth, with strong demand for both mass-market and premium analog watches.

In the eyecare sector, Titan saw an 18% YoY growth, driven by a rising interest in international eyewear brands and the enhancement of its online retail strategy. This multi-brand approach has found favor among consumers seeking value.

Emerging Businesses Show Promising Results

Titan’s emerging businesses category exhibited a healthy 26% YoY growth, particularly in its fragrance line, which benefited from innovative store formats and strong brand recognition. The company launched its first experiential SKINN store in Seawoods, Mumbai, marking a significant milestone.

However, not all segments performed admirably. The ethnic wear brand Taneira faced difficulties, reporting a 4% decline in sales and the closure of one store, indicative of operational challenges.

On a brighter note, Caratlane, Titan’s digital-first jewellery brand, achieved a 22% YoY growth, spurred by increasing consumer interest in both gold and studded jewellery. The brand successfully expanded its domestic presence, adding 17 new stores during the quarter.

Stock Performance and Market Outlook

Following the impressive Q4 update, Titan’s stock rose to a day’s high of ₹3,222, recovering from its earlier 52-week low of ₹2,947.55. Despite this rebound, the stock remains over 16% lower than its peak of ₹3,866.15 in September 2024.

In the past year, shares associated with famed investor Rakesh Jhunjhunwala have seen a decline of 19.5%. However, in April, the stock has increased by 3.6% after experiencing a slight dip in March and February.

Conclusion

Overall, Titan Company’s Q4FY25 performance highlights its resilience and adaptability in a challenging market landscape. With continued growth across multiple segments and strategic expansions, Titan is well-positioned for the future, making it a noteworthy player in the consumer goods sector.