Titan bets on premium watches, targets 25% revenue share as Helios Luxe triples to 30 stores
Watch Division CEO plans to lift premium watches (above ₹25,000) from 15% to 25% of revenue in 2-3 years, scaling Helios Luxe from 10 to 30 stores this fiscal. Shares rose 1.47% to ₹4,149 on the strategy reset.
What happened
Titan shares up 1.5% as Watch Division CEO targets premium watches (above ₹25,000) to grow from 15% to 25% of watch revenue in 2-3 years, expanding Helios Luxe
Key facts
- share price ₹4,149
- +1.47%
- premium watches 15% to 25% revenue share
- 30% annual growth
- Helios Luxe 10 to 30 stores
- FY26 income ₹76,078 cr +33%
- PAT ₹5,073 cr +52%
- dividend ₹15/share
- P/E 71.57
Why this matters
Titan's aggressive luxury push signals appetite for premium watch brand partnerships or licensing tie-ups, and pressures competitors like Ethos to defend shelf space or pursue consolidation.