Retail behemoth Titan Company faced flat near-term headwinds and gold price volatility due to the West Asia war, alongside uncertainty from US tariffs on India which peaked in August 2025. However, the company remains optimistic about its future, stating that long-term opportunities significantly outweigh these risks.
In his official statement from the company’s annual report, Managing Director Ajoy Chawla emphasised the company’s resilience. “Our approach is to continue to prioritise growth, build scale across categories, while innovating across the value chain. I am confident that Titan will continue to create sustained value for all its stakeholders and scale frontiers,” said Chawla.
landmark period
Financially, FY26 proved to be a landmark period for the company. Titan officially crossed the ₹75,000 crore total revenue milestone, while standalone Profit After Tax (PAT) crossed ₹4,600 crore. The company also maintained an EBIT margin of 9.3 per cent through the year.
Reflecting on the financial achievements, Chawla added: “FY26 was a landmark year for Titan. We crossed the ₹75,000 crore revenue milestone, a frontier that reflects not only scale, but also the strength of our brands, the resilience of our business models, and the power of ideas that continue to fuel us forward.”
Operationally, all business categories saw handsome growth during the year. While the jewellery and eyecare segments experienced fluctuating growth across quarters, both sectors bounced back with a noticeably stronger second half.
The company’s B2B engineering subsidiary, Titan Engineering & Automation Ltd (TEAL), also saw a dramatic lift in fortunes. The company reported that TEAL successfully scaled new frontiers in automation, specifically within the electronics manufacturing sector.
Simultaneously, Titan pushed forward with its international ambitions. The company’s flagship jewellery brand, Tanishq, continues to scale US operations through strategic store additions in Seattle and Atlanta. According to the company, the global move underscores Titan’s larger ambition to deepen its retail presence in North America and directly tap into the growing demand for premium jewellery among both the diaspora and mainstream consumers.
(The writer is an intern with businessline)