Titan plots FY30 doubling on premiumisation, Gulf push via Damas, 1,400-store Tanishq footprint
Titan aims to double FY26 revenue (₹76,078 cr) and operating profit by FY30, anchored by Tanishq scaling to ~1,400 stores for 11% market share, Damas (67% stake, $283M) leading Gulf expansion, and Eye+ targeting ₹3,500 cr. Stock closed +3.7% at ₹4,238.80.
Titan targets doubling revenue and operating profit by FY30 via premiumisation and global expansion. Jewellery (Tanishq, Mia, Zoya) leads with 1,400 stores planned; Damas anchors Gulf push. Watches, Eye+ and emerging businesses to diversify growth.