Tanishq to Smartwatches: How Titan’s Growth is Reflected in Its Price?
Titan has grown from strength to strength over the years, emerging as one of the most admired names in the market. In the past three years, investors have seen over 35%+ growth, while the stock returned over 214% in the last five years.
This momentum reflects the expansion of the company beyond jewellery into watches, wearables, and premium lifestyle products. It’s a typical example of a trusted consumer brand that evolves with changing times, while keeping the faith of investors intact.
In this blog, let’s take a look at the dominance of Titan from jewellery to smart watches.
Titan’s Jewellery Segment Drives Expansion
Titan’s jewellery arm, Tanishq, continues to be the company’s crown jewel. In Q1 FY26, Titan’s total income soared 21%, while the company recorded an impressive 53% Y-o-Y rise in profits. This growth was fuelled by the high demand during the festive and wedding seasons amid rising gold prices. This has also made Titan one of the valuable stocks among Sensex stocks.
Expanding Store Network
Titan added 75 new stores in the second quarter of FY25, expanding its presence to 3,171 outlets across the nation. With this consistent expansion, Titan strengthens its reach into both metro cities and smaller towns.
Adapting to Gold Price Trends
As gold prices continue to rise, Titan has been innovative with its approach. The brand has been pushing lighter, 14 and 18-carat jewellery collections. With this approach, it appeals to a broader customer base. Even studded jewellery showed an impressive growth, which reflects the innovative stance of the brand in adapting to rising gold prices.
Innovations in Smartwatches and Wearables
The watches and wearables division of Titan has reflected strong growth along with jewellery. In Q1 FY26, this segment reported a revenue of INR 1,273 crore, which marks a strong 24% Y-o-Y growth.
Both analog watches and wearables witnessed double-digit expansion. Titan has consistently demonstrated its ability to balance its legacy with modern trends.
Innovation and Collaborations
From launching new designs under the Titan and Fastrack brands to forging partnerships with tech players, Titan continues to innovate in the smartwatch space. These strategies have proven effective for the company to remain competitive in a crowded wearables market.
Financial Impact and Share Price Drivers
Today, the business model of Titan looks well-diversified. It spans the jewellery market through Tanishq and smart watches through Fastrack. Titan has also entered the eye care division and remains profitable.
While jewellery maintains strong margins of 11 to 11.5%, its watches operate in the mid-teens range. This consistent performance across various categories pushes the Titan share price further up.
As Titan ventures into premium segments, analysts predict that the stock price will continue to rise through 2030. With the festive season coming, investors can also expect decent short-term returns from its stock.
Conclusion
Over the decades, Titan has shown remarkable innovation and resilience in a competitive market, as its dominance evolved from Tanishq to bold smartwatches. The long-term growth reflects its consistent efforts to remain relevant in a market where consumer preferences keep changing.
Its strong financial performance and international breakthroughs stand as a testament to its commitment to catering to users. Also, Titan’s relentless expansion of its store network marks its ability to scale rapidly. Investing in Titan shares can be a strategic move to steadily compound wealth over time. However, like any other investments, investors should first understand their overall goals and invest based on their risk tolerance level.
