Titan Share Price At 52-Week High After 59% YoY Surge In Net Profit; Time To Buy This Gem? Check Target Price

Titan Share Price Today: Shares of Titan Company zoomed around 3% to touch an all-time high mark of Rs 3,813 per share on BSE on Tuesday. The rally came after the gems, jewellery, and watches company reported a strong 59% year-on-year surge in its net profit during the September quarter of the financial year 2025-26.

The Titan share price was trading 2.27% higher at Rs 3,812 per share on BSE with a market capitalisation of Rs 3,38,450.72 crore. The stock had touched a 52-week high mark of Rs 3,822 per share during the early hours of Tuesday's trading session.

Titan Q2 Result Review

The company had reported a year-on-year surge in its consolidated revenue to Rs 187.3 billion, which was driven by high bullion revenue. Brokerage Motilal Oswal had expected Titan's revenue to be at Rs 163.3 billion. Titan's gross margin declined by 130 basis points on an annual basis to 21.4%, against Motilal's estimate of 23%. Titan's EBITDA increased by a strong 23% on a year-on-year basis. The company's profit before tax was in line with MOFSL estimates as it grew 20% YoY to Rs 11.2 billion.

Titan Share Price Recommendation

Motilal Oswal has maintained a 'Buy' rating for the stock. The target price for the company may be revised after Titan's conference call, supposed to take place at 8 am on Tuesday. Antique Stock Broking, in its latest report, maintained a 'Buy' rating for Titan with a target price of Rs 4,615 per share.

Titan Q2 Result Recap

Titan, part of the Tata Group, reported a 59% year-on-year increase in consolidated net profit, reaching Rs 1,120 crore.Titan's consolidated revenue from operations rose by 22% to Rs 16,649 crore compared to Rs 13,661 crore in the same period last year.
The jewellery division, which contributes over 80% of Titan's revenue, saw a 21% year-on-year increase to Rs 14,092 crore.

This figure excludes bullion and digi-gold sales and was driven by strong performance in India. Tanishq, Mia, and Zoya collectively achieved an 18% growth to Rs 12,640 crore. Meanwhile, CaratLane experienced a significant 32% rise to Rs 1,072 crore during this period.

Titan's jewellery business nearly doubled its revenue to Rs 561 crore. The combined EBIT for Tanishq, Mia, and Zoya reached Rs 1,381 crore with a margin of 11.1%. "The domestic business witnessed a strong pick-up in consumer momentum during the festive period of Navratri," the company stated in its earnings report. Tanishq's gold exchange offers helped maintain sales despite high gold prices.