Titan targets 2x revenue by FY30 via premiumisation, ~1,400 jewellery stores and Damas-led global push
Titan plans to double consolidated revenue and operating profit by FY30, scaling Tanishq, Mia and Zoya to ~1,400 stores for ~11% jewellery share. International arm to grow 2.5x via Damas (67% stake, $283M) across GCC, Singapore and North America. Eye+ targets ₹3,500cr; emerging businesses 3.4x. FY26 revenue ₹76,078cr, PAT ₹5,073cr (+52%).
What happened
Titan targets doubling consolidated revenue and operating profit by FY30 via premiumisation, Tanishq/Mia/Zoya expansion to ~1,400 stores, international growth
Key facts
- FY26 revenue ₹76,078 crore
- FY26 net profit ₹5,073 crore (+52%)
- revenue growth 32.7% YoY
- target 2x revenue by FY30
- ~1,400 jewellery stores planned
- ~11% jewellery market share target
- Damas stake 67% for $283M (Jul 2025)
- Titan Eye+ target ₹3,500 cr by FY30 vs ₹1,452 cr FY26
- emerging businesses 3.4x by FY30
- international 2.5x growth target
- stock +3.7% to ₹4,238.80
Why this matters
The $283M Damas majority stake signals Titan's appetite for inorganic global expansion, opening adjacent M&A opportunities in GCC luxury retail and potentially North American jewellery brands.