Titan posts 52% FY26 profit jump as wedding demand, gold rally lift Tanishq
Titan closed FY26 with revenue up 32.7% to ₹76,078 cr and net profit up 52% to ₹5,073 cr, powered by a 50% Q4 jewellery surge. Tanishq-Mia-Zoya grew 48% to ₹16,047 cr, CaratLane added 22%, and 27 domestic plus 123 Damas stores widened reach. Shares hit a 52-week high; GCC losses remain a drag.
What happened
Titan's FY26 revenue jumped 32.7% to ₹76,078 cr and profit 52% to ₹5,073 cr, led by 50% jewellery growth on wedding demand and gold-price-driven buying; shares
Key facts
- FY26 revenue ₹76,078 cr (+32.7% YoY)
- FY26 net profit ₹5,073 cr (+52%)
- Q4 revenue ₹20,300 cr (+46%)
- Q4 net profit ₹1,179 cr (+35.4%)
- Jewellery Q4 revenue ₹18,195 cr (+50%)
- Jewellery segment profit ₹1,820 cr (+36.53%)
- Tanishq/Mia/Zoya ₹16,047 cr (+48%)
- CaratLane ₹1,066 cr (+22.4%)
- International Q4 loss ₹82 cr
- Watches Q4 ₹1,222 cr (+8%)
- Eyecare ₹227 cr revenue
- Emerging ₹123 cr (+20%), loss ₹50 cr
- 27 domestic jewellery stores added + 123 via Damas
- shares +7% to 52-week high
Why this matters
The 123-store Damas footprint plus CaratLane's 22% growth signal Titan is assembling a pan-GCC-to-India jewellery platform—scan for bolt-on regional chains or digital-native brands that can plug into this distribution spine.