Titan crosses ₹50,000 cr revenue, becomes India's second-most valuable Tata firm

BT cover story charts Titan's arc from Tata watch JV to ₹3.6 lakh crore market-cap conglomerate. FY25 revenue hit ₹50,000 cr; FY26 added ₹25,000 cr. Tanishq, Zoya, Mia and CaratLane anchor jewellery dominance as Titan pushes into fragrances, eyewear, ethnic wear and overseas markets.

— Filed Sun, 24 May, 2026, 12:59 IST · Source Business Today · Latest · Updated

Business Today's cover story profiles Titan's transformation from a Tata watch venture into India's second-most valuable Tata company, crossing ₹50,000 crore revenue in FY25, expanding via Tanishq, Zoya, Mia, CaratLane into fragrances, eyewear, ethnic wear and global markets.

Why this matters

Milestone follows Titan's Q4FY26 PAT jumping 35% to ₹1,179 cr and Damas driving international jewellery 2.7x, reinforcing the jewellery-led growth engine fueling its valuation rerating.

Retail-company signals steady at 1,029 over 90 days, with Titan emerging as a standout scale story.