Titan Company Limited · NSE:TITAN
Titan — Q4 FY2024 Earnings Presentation
80 slides from Titan's earnings presentation, May 3, 2024
Slide 1: Exchange filing cover letter for earnings presentation
SEC 25/ 2024-25 3rd May 2024 The General Manager, DCS – CRD The General Manager, DCS – CRD BSE Limited National Stock Exchange of India Ltd Corporate Relationship Department Exchange Plaza, 1st Floor, New Trading Ring Bandra-Kurla Complex, Rotunda Building, P J Towers Bandra (East), Dalal Street, Fo
Slide 2: Earnings Presentation for the Quarter and Year ended March 31, 2024
Titan Company Limited Earnings Presentation for the Quarter and Year ended March 31, 2024 1
Slide 3: Disclaimer
Disclaimer This document, prepared by Titan Company Limited (the “Company”/”we”/”our”/”Titan”), is solely for information purposes and does not constitute any offer, invitation, recommendation, invitation to purchase or subscribe to any of Titan’s securities, and shall not form the basis of or be re
Slide 4: Agenda
Agenda 1. Company Overview About Titan | Titan Journey | Titan at a Glance | Our Business Segments | Lifestyle Brands 2. Company Performance Total Income | EBIT 3. Business Performance Jewellery | Watches & Wearables | EyeCare | Emerging Businesses | Key Subsidiaries 4. Retail Network Jewellery | Wa
Slide 5: Company Overview
Company Overview About Titan Titan Journey Titan at a Glance Our Business Segments Lifestyle Brands 4
Slide 6: India's most prestigious lifestyle products company
India’s Our Vision most We create elevating experiences for the people we touch and significantly impact the world we work in prestigious lifestyle products Our Mission company We will do this through a pioneering spirit and a caring, value-driven culture that fosters innovation, drives performance
Slide 7: Titan Journey
Titan Journey Dissolution of partnership with Timex Crossed the 1mn and Launch of watches 1,000 stores milestone milestone Launch of 1989 1998 2008 2015 2022 Launch of demerged PED to wholly- Company incorporated, owned subsidiary JV between the Tata and group and Tamilnadu State-of-the-art Industri
Slide 8: Titan at a Glance
Titan at a Glance ₹475 bn ₹3,378 bn 3,035 4.14 mn TTM Total Income (1) Market Capitalization (2) Stores Retail Area sq ft ~11.8k 10 35 mn+ 428 Manufacturing and Employees on roll Assembly Facilities Encircle Members Town Presence Note: 1. Total Income excludes bullion sales 2. BSE Market Capitalizat
Slide 9: Our Business Segments
Our Business Segments Jewellery Watches & Wearables EyeCare Fragrances Fashion Accessories Indian Dress Wear 8
Slide 10: Jewellery: India's Leading Organised Jewellery Retailer
Jewellery India’s Leading Organised Jewellery Retailer 2 Manufacturing facilities Leveraging technology in 4 state of the art in Hosur & Pantnagar manufacturing Karigar Centers ~7% 937 40%+ Jewellery Exclusive Brand Sales through Gold 1 Market Share Outlets3 Exchange Programme 20%+ 282 10 Digitally
Slide 11: Watches & Wearables: India's Leading Watches Company
Watches & Wearables India’s Leading Watches Company 1,120 8,000+ Exclusive Brand Multi-brand Outlets 2 Manufacturing facilities in Outlets1 Hosur and Coimbatore 330 18 Town Presence New Campaigns and Pan-India Collections in Q4FY24 3 Assembly facilities in Roorkee, Pantnagar and Sikkim 10 1. Exclusi
Slide 12: EyeCare: India's Most Trusted Optical Chain
EyeCare India’s Most Trusted Optical Chain 905 353 Exclusive Brand Town Presence Outlets1 Manufacturing facility at Chikkaballapur 4.9 15 Google Store Ratings New Campaigns and (5 Lakh+ Reviews) Collections in Q4FY24 2 Lens Lab facilities at Noida and Kolkata 11 1. Exclusive Brand Outlets include Ti
Slide 13: Fragrances: India's Leading Fine Fragrances Brand
Fragrances India’s Leading Fine Fragrances Brand Presence in 800+ 3,000+ Titan World and Multi-brand Outlets Fastrack outlets SKINN ranked #1 SKUs SKINN - 76 in Departmental 1 Fastrack - 27 Chains 12 Sensitivity: Public 1. Based on internal sales data from retail chains
Slide 14: Fashion Accessories: Thoughtfully Designed Bags
Fashion Accessories Thoughtfully Designed Bags Available in Available in 100+ 120+ Large Format Stores Departmental Stores Online Presence Online Presence Tata CLiQ, Nykaa, Tata CLiQ, Nykaa, Myntra, Flipkart, Myntra, Amazon, Ajio Amazon, Ajio, ft.in and irth.in and Blinkit Sensitivity: Public 13
Slide 15: Indian Dress Wear
Indian Dress Wear Finest range of pure handcrafted weaves from across the country 73 37 Exclusive Brand Town Presence Outlets Pan-India Weavershala is an initiative by 100+ 5 Taneira towards supporting weavers with technical expertise and 1 New Campaigns and Clusters improving their working conditio
Slide 16: Lifestyle Brands
Lifestyle Brands Luxury Premium Mid-Market Mass Market 15
Slide 17: Company Performance
Company Performance Standalone Total Income Standalone EBIT Consolidated Total Income Consolidated EBIT 16
Slide 18: Q4FY24 Standalone Total Income Highlights
Q4FY24 Standalone Total Income Highlights 88% 9% 2% 1% Watches & Emerging Segment1,5 Jewellery3 EyeCare Total2,3 Wearables Businesses4 Total Income 8,998 940 166 96 10,280 YoY Growth% 18.8% 7.9% 0.6% 26.0% 17.4% 10,280 8,998 940 7,576 166 8,753 871 165 97 77 Q4FY23 Q4FY24 Q4FY23 Q4FY24 Q4FY23 Q4FY24
Slide 19: Q4FY24 Standalone EBIT Highlights
Q4FY24 Standalone EBIT Highlights 13.2% 12.1% 12.0% 11.1% 1,139 1,089 1,053 997 11.3% 8.5% 1.2% 4.8% 98 80 (42.9)% (22.7)% 2 8 (33) (22) Q4FY23 Q4FY24 Q4FY23 Q4FY24 Q4FY23 Q4FY24 Q4FY23 Q4FY24 Q4FY23 Q4FY24 Jewellery Watches & Wearables EyeCare Emerging Businesses Standalone Note: 1. Figures in ₹ Cr
Slide 20: Q4FY24 Consolidated Total Income Highlights
Q4FY24 Consolidated Total Income Highlights 86% 8% 2% 4% Watches & Segment1,5 Jewellery3 EyeCare Other Businesses4 Total2,3 Wearables Total Income 9,824 939 166 470 11,472 YoY Growth% 21.8% 6.3% 0.6% 87.3% 21.8% 9,824 11,472 939 470 8,065 883 165 166 9,419 251 Q4FY23 Q4FY24 Q4FY23 Q4FY24 Q4FY23 Q4FY
Slide 21: Q4FY24 Consolidated EBIT Highlights
Q4FY24 Consolidated EBIT Highlights 11.5% 10.4% 12.4% 11.1% 1,192 1,091 1,084 1,004 12.0% 8.1% 1.2% 4.2% (5.6)% 8.3% 106 76 7 39 2 (14) Q4FY23 Q4FY24 Q4FY23 Q4FY24 Q4FY23 Q4FY24 Q4FY23 Q4FY24 Q4FY23 Q4FY24 Jewellery Watches & Wearables EyeCare Other Businesses Total Note: 1. Figures in ₹ Crores, unl
Slide 22: Business Performance
Business Performance Jewellery Watches & Wearables EyeCare Emerging Businesses Key Subsidiaries 21
Slide 23: Jewellery
Jewellery Performance Highlights Marketing Campaigns Standalone Quarterly Performance Trends 22
Slide 24: Jewellery Performance Highlights
Jewellery Performance Highlights • Total Income grew 18.8% YoY. Domestic business grew ~20% YoY to ₹8,785 cr; The corresponding secondary (like-to-like) growth was 14% for Q4FY24 and 15% for ₹8,998 cr 18.8% the full year Total Income YoY Growth • Gold (plain) (including coins) clocked higher YoY gro
Slide 25: Glimpses of Tanishq's 'Festival of Diamonds' Campaign
Glimpses of Tanishq’s ‘Festival of Diamonds’ Campaign Women often wait for one big occasion to buy/flaunt their diamonds. But in this quest, they miss out on enjoying the micro moments that enrich their lives Tanishq Is here to remind that her life is made of many micro moments that she should savor
Slide 26: Glimpses of Tanishq's 'When it Rings True' and 'Ethereal Wonders' Campaign
Glimpses of Tanishq’s ‘When it Rings True’ and ‘Ethereal Wonders’ Campaign WHEN IT RINGS TRUE 25
Slide 27: Glimpses of Mia's New Collections and Campaigns
Glimpses of Mia’s New Collections and Campaigns SarangHearts Mia X Filtercopy As an ode to K-pop and K- drama fans, Mia launched the Sarang Hearts pendant and earrings set, shaped in the popular "Korean Hearts" symbol. This collection was an instant hit with the Gen-Zs and the social media content r
Slide 28: Glimpses of Mia's Valentine's Campaign
Glimpses of Mia’s Valentine’s Campaign This Valentine's Day, Mia promotes light-hearted love with giftable keepsakes in the shapes of hearts, wings and everything that will make your heart flutter With it's gifting campaign #KahoKuchSpecial, this collection was launched to celebrate the easy breezy
Slide 29: Jewellery Standalone Quarterly Performance Trends
Jewellery Standalone Quarterly Performance Trends Total Income and YoY Growth% 77% 11,709 70% 9,518 9,070 8,998 8,563 8,575 7,600 7,203 7,576 6,249 6,397 6,106 6,132 FY24: 38,352; 20% 5,409 37% 4,047 FY23: 31,897; 37% 3,528 3,754 3,446 24% 23% 18% 19% 19% 19% 13% 16% 2,467 11% 1,182 11% FY22: 23,268
Slide 30: Watches & Wearables
Watches & Wearables Performance Highlights Marketing Campaigns Standalone Quarterly Performance Trends 29
Slide 31: Watches & Wearables Performance Highlights
Watches & Wearables Performance Highlights • Division’s Total Income grew 7.9% YoY to ₹940 cr; India operations grew 8.5% YoY to ₹924 cr ₹940 cr 7.9% • Analog watches Revenues grew ~9% YoY to ₹787 cr driven by premiumization and Total Income YoY Growth higher average price realizations • Wearables R
Slide 32: Glimpses of Titan's New Collections and Campaigns
Glimpses of Titan’s New Collections and Campaigns Ceramic Fusion Automatics A collection of automatic timepieces celebrating Titan's in-house automatic caliber and secured on the wrist with a bracelet crafted in full-solid stainless steel and ceramic links The timepieces sport a concave skeletal dia
Slide 33: Glimpses of Raga's Showstopper Collection
Glimpses of Raga’s Showstopper Collection Raga’s Showstopper Collection comes in 4 clusters • Glamorous Sparkle - Epitome of glitz and glamour, adorned with abundant bling elements to make a bold fashion statement • Trendy Chic - Blending modern styles with a touch of sparkle for a contemporary look
Slide 34: Glimpses of Fastrack's New Collections
Glimpses of Fastrack’s New Collections Maximinimal Riding the trend of bold Fleek I 2.0 minimalism and accessorization, A collection presenting a never seen before inspired by watch design from Fastrack facets encompassing unique styling for both guys and girls Tees Wanderlust Evoking the love for t
Slide 35: Glimpses of Sonata's New Collections
Glimpses of Sonata’s New Collections Men’s - Traditional Essentials Hexa 3.0 34
Slide 36: Glimpses of Wearable's New Collections and Campaigns
Glimpses of Wearable’s New Collections and Campaigns Fastrack Smart on Social Media Valentine’s Day Campaign Digital campaigns Top performing ads 35 Video hyperlinks embedded for the above campaigns
Slide 37: Watches & Wearables Standalone Quarterly Performance Trends
Watches & Wearables Standalone Quarterly Performance Trends Total Income and YoY Growth% 1,092 72% 982 940 871 890 829 811 708 785 40% 715 719 687 32% 29% 20% 625 622 21% 21% 557 550 555 12% 15% 13% 6.4% 4.9% 8% -2.4% 400 -0.3% -12% FY23: 3,296; 43% 292 FY24: 3,904; 18% FY20: 2,615; 7.2% 75 -44% FY2
Slide 38: EyeCare
EyeCare Performance Highlights Marketing Campaigns Standalone Quarterly Performance Trends 37
Slide 39: EyeCare Performance Highlights
EyeCare Performance Highlights • Total Income grew by 0.6% YoY to clock ₹166 cr in Q4FY24 • International Brands (IB) grew ~4% YoY; House Brands saw a decline of ~3% YoY in Revenue. The share of IB moved to ~29% of the EyeCare portfolio ₹166 cr 0.6% • Within categories, Lenses grew ~4% YoY; Revenues
Slide 40: Titan Eye+ launches Frames and Blue Safe Lens combo
Titan Eye+ launches Frames and Blue Safe Lens combo at Rs. 1500/- Titan Eye+ announces the launch of its latest campaign ‘Affordable Fashion’. This campaign is meticulously crafted to bring the latest trends in the eyewear category within everyone's reach, showcasing an extensive variety of affordab
Slide 41: Glimpses of EyeCare's New Collections
Glimpses of EyeCare’s New Collections H.O.F. Staples High on Fashion Best-selling shapes in new Geometric colors acetate Frames Elements Affordable Fashion Frames Neo Expert Progressive Lens 40
Slide 42: EyeCare Standalone Quarterly Performance Trends
EyeCare Standalone Quarterly Performance Trends Total Income and YoY Growth% 203 70% 188 183 167 174 167 160 165 166 149 154 156 133 127 134 124 28% 108 26% 23% 94 18% 13% 11% 11% 12% 2.9% 67 5.1% 4.9% FY23: 689; 33% 0.6% -7.0% -4.0% FY20: 544; 6.9% -16% 30 FY22: 517; 38% FY24: 724; 5.1% FY21: 375;
Slide 43: Emerging Businesses
Emerging Businesses Performance Highlights Marketing Campaigns 42
Slide 44: Emerging Businesses Performance Highlights
Emerging Businesses Performance Highlights ₹97 cr 26.0% ₹(22) cr (22.7)% Total Income YoY Growth EBIT EBIT Margin • Emerging Businesses comprising of Fragrances & Fashion Accessories (F&FA), and Indian Dress Wear (Taneira) clocked a growth of 26.0% in Total Income YoY • Taneira’s Q4FY24 sales grew ~
Slide 45: Regional festivals and Collection launches by Taneira
Regional festivals and Collection launches by Taneira Highlighting its commitment to celebrating regional traditions and design excellence, Taneira launched collections for Ugadi, Poila Baisakh, and Gudi Padwa Noteworthy among these are the 'Manjeri' collection with luxurious South Silk sarees for U
Slide 46: Glimpses of Taneira's 'Harvest Festival' and 'Women's Day' Campaign
Glimpses of Taneira’s ‘Harvest Festival’ and ‘Women’s Day’ Campaign The quarter commenced with a celebration of the harvest season, engaging regional influencers to create relatable content in local languages and showcasing Best of India under one roof Celebrating our weavers and their journey of fu
Slide 47: Glimpses of Women's Bags New Collections
Glimpses of Women’s Bags New Collections IRTH Spring Summer’24 Fastrack Spring Summer’24 46
Slide 48: Titan Company Limited subsidiaries structure
Titan Company Limited 100% 99.991% 100% 100% 100% 100% Titan Titan CaratLane TCL Watches Switzerland Titan Holdings Titan Company Engineering & Trading TCL North Commodity AG International Automation Private America Inc Trading (formerly FZCO, Dubai Limited (TEAL) Limited Limited Favre Leuba) Limite
Slide 49: Key Subsidiaries
Key Subsidiaries CaratLane Titan Engineering & Automation Limited 48
Slide 50: CaratLane Trading Private Limited
CaratLane Trading Private Limited 99.991% Owned Subsidiary • Total Income grew by 28.9% YoY to ₹748 cr • Revenue from the Studded category grew ~29% YoY. Its contribution remained flat at ~74% for the quarter ₹748 cr 28.9% Total Income YoY Growth • In the Valentine's quarter, the brand launched “Pos
Slide 51: Glimpses of CaratLane's New Campaigns and Collections
Glimpses of CaratLane’s New Campaigns and Collections CaratLane X Crew The film- Crew is a laugh riot with three leading women at the forefront of Postcards the story The World’s First Revolutionary Tech That Embeds A Heartfelt Video One of the film's leading ladies - Kareena Kapoor Khan, is seen we
Slide 52: Titan Engineering & Automation Limited
Titan Engineering & Automation Limited Wholly Owned Subsidiary • Total Income grew 144.3% YoY to ₹373 cr. Within Divisions, Automation Solutions (AS) ₹373 cr 114.3% division Revenues grew ~181% YoY whereas Manufacturing Services* (MS) grew ~33% YoY Total Income YoY Growth • The AS business received
Slide 53: Retail Network
Retail Network Jewellery Watches & Wearables EyeCare Taneira Retail Sales Growth 52
Slide 54: Jewellery Presence
Jewellery Presence YTD Quarterly Mar’23 Additions Mar’24 Additions Stores 423 56 479* 13 Area sq. ft. 1.74mn 333K 2.08mn 61K Town Presence 251 28 279 6 Stores 111 67 178** 16 Area sq. ft. 64K 69K 133K 18K Town Presence 43 29 72 6 Stores 7 1 8 - Area sq. ft. 24K 1.4K 25K - Town Presence 5 1 6 - Store
Slide 55: Tanishq's New International Store in Chicago, USA
Tanishq's New International Store in Chicago, USA 54
Slide 56: Watches & Wearables Presence
Watches & Wearables Presence Exclusive Brand Outlets Presence Multi Brand Outlets Presence YTD Quarterly Mar’23 Additions Mar’24 Additions Stores 622 43 665 10 Area sq. ft. 443K 24K 467K 8K Town Presence 306 22 328 9 8,000+ 2,100+ Multi Brand MBR Retailers (MBR) Town Presence Stores 198 39 237 14 Ar
Slide 57: EyeCare Presence
EyeCare Presence Quarterly YTD Mar’23 Additions Mar’24 Additions (net) Stores 896 6 902* (3) Area sq. ft. 554K 19K 573K 3K Town Presence 352 1 353 (6) Stores 5 (2) 3 (5) Area sq. ft. 5.8K (3.3)K 2.5K (4.1)K Town Presence 1 2 3 (2) Note: 56 *includes 4 stores in GCC
Slide 58: Taneira Presence
Taneira Presence YTD Quarterly Mar’23 Additions Mar’24 Additions Stores 41 32 73 11 Area sq. ft. 115K 102K 217K 35K Town Presence 22 15 37 8 Palassio Mall, Lucknow Ranchi Hosur Rourkela 57
Slide 59: Retail Sales (Secondary UCP) Growth
Retail Sales (Secondary UCP) Growth Q4FY24 Watches LFS Total 19% 31% 12% 6% 30% 4% 4% Like-to-Like 14% 3% 7% (4)% 14% (8)% 0% FY24 Watches LFS Total 20% 39% 9% 0% 36% 16% 6% Like-to-Like 15% 6% 5% (6)% 18% 6% 0% Note: 1. Retail UCP (Uniform Consumer Price) growth captures secondary sales in Titan br
Slide 60: Financial Performance
Financial Performance Statement of Profit and Loss Total Income and EBIT Capital Employed Balance Sheet Financial Trends 59
Slide 61: Standalone Statement of Profit and Loss Highlights
Standalone Statement of Profit and Loss Highlights Q4FY23 Q4FY24 YoY% Particulars (in ₹ Crores) FY23 FY24 YoY% 8,649 10,130 17.1% Operating Revenue 36,062 43,174 19.7% 8,753 10,280 17.4% Total Income 36,361 43,684 20.1% 1,148 1,260 9.8% EBITDA 5,069 5,535 9.2% 13.1% 12.3% (86) bps % 13.9% 12.7% (127
Slide 62: Consolidated Statement of Profit and Loss Highlights
Consolidated Statement of Profit and Loss Highlights Q4FY23 Q4FY24 YoY% Particulars (in ₹ Crores) FY23 FY24 YoY% 9,305 11,313 21.6% Operating Revenue 38,367 46,968 22.4% 9,419 11,472 21.8% Total Income 38,675 47,501 22.8% 1,203 1,350 12.2% EBITDA 5,187 5,825 12.3% 12.8% 11.8% (100) bps % 13.4% 12.3%
Slide 63: Q4FY24 Total Income and EBIT
Q4FY24 Total Income and EBIT Total Income EBIT Q4FY23 Q4FY24 YoY% Q4FY23 Q4FY24 YoY% (in ₹ Crores) (in ₹ Crores) Jewellery 7,576 8,998 18.8% Jewellery 997 1,089 9.2% Watches and Wearables 871 940 7.9% Watches & Wearables 98 80 (18.4%) EyeCare 165 166 0.6% EyeCare 2 8 300.0% Emerging Businesses 77 97
Slide 64: FY24 Total Income and EBIT
FY24 Total Income and EBIT Total Income EBIT FY23 FY24 YoY% FY23 FY24 YoY% (in ₹ Crores) (in ₹ Crores) Jewellery 31,897 38,352 20.2% Jewellery 4,363 4,726 8.3% Watches and Wearables 3,296 3,904 18.4% Watches & Wearables 413 397 (3.9%) EyeCare 689 724 5.1% EyeCare 98 85 (13.3%) Emerging Businesses 29
Slide 65: Standalone Capital Employed
Standalone Capital Employed Business Segment Segment Assets Segment Liabilities Capital Employed (in ₹ Crores) 31-Mar-23 31-Mar-24 31-Mar-23 31-Mar-24 31-Mar-23 31-Mar-24 Jewellery 16,446 18,327 10,070 10,695 6,376 7,632 Watches & Wearables 2,771 3,586 1,007 981 1,764 2,605 EyeCare 644 649 388 388 2
Slide 66: Consolidated Capital Employed
Consolidated Capital Employed Business Segment Segment Assets Segment Liabilities Capital Employed (in ₹ Crores) 31-Mar-23 31-Mar-24 31-Mar-23 31-Mar-24 31-Mar-23 31-Mar-24 Jewellery 18,516 21,632 11,869 13,049 6,647 8,583 Watches & Wearables 2,808 3,651 1,018 995 1,790 2,656 EyeCare 644 657 388 394
Slide 67: Standalone Balance Sheet
Standalone Balance Sheet in ₹ Crores Mar-23 Mar-24 Change Fixed Assets 1,186 1,462 276 Right of use asset 1,058 1,225 167 Intangible Assets 44 91 47 Investments 1,116 6,178 5,062 Other non-current assets 998 1,214 216 Non Current Assets 4,402 10,170 5,768 Inventories 14,952 16,874 1,922 Trade Receiv
Slide 68: Consolidated Balance Sheet
Consolidated Capital Employed in ₹ Crores Mar-23 Mar-24 Change Fixed Assets 1,477 1,826 349 Right of use asset 1,285 1,543 258 Intangible Assets 257 314 57 Goodwill 123 123 0 Investments 351 679 328 Other non-current assets 1,123 1,457 334 Non Current Assets 4,616 5,942 1,326 Inventories 16,584 19,0
Slide 69: Consolidated Quarterly Performance Trends
Consolidated Quarterly Performance Trends Operating Revenue and YoY Growth% 13,986 11,294 10,956 11,313 10,713 9,983 9,087 9,305 75% 8,681 7,469 7,279 59% 7,301 7,421 6,528 FY24: 46.968; 22% 5,151 4,711 37% FY23: 38.367; 38% 4,662 4,162 25% 21% 23% 24% 22% 16% 3,049 19% 11% 12% FY22: 27,754; 37% 13%
Slide 70: Jewellery Consolidated Quarterly Performance Trends
Jewellery Consolidated Quarterly Performance Trends Total Income and YoY Growth% 78% 12,564 71% 10,131 9,755 9,824 9,005 9,265 7,995 8,065 39% 7,515 6,496 6,653 6,379 6,468 5,606 25% 24% 22% 23% 22% 4,164 16% 18% 14% 3,650 12% 3,899 3,592 13% FY24: 41,408; 23% 2,626 FY23: 33,706; 38% 0.1% -1.6% -2.8
Slide 71: Annual Consolidated Performance Trends
Annual Consolidated Performance Trends Total Income and YoY Growth% PBT and PBT Margin PAT and PAT Margin 47,501 4,623 4,447 3,496 38,675 3,274 37% 38% 27,988 2,958 2,198 23% 21,204 20,474 2,102 1,493 8.5% 10.6% 11.5% 7.9% 7.4% 9.9% 1,327 9.7% 7.0% 974 6% 4.8% 6.5% -3% FY20 FY21 FY22 FY23 FY24 FY20
Slide 72: Annual Consolidated Performance Trends by Segment
Annual Consolidated Performance Trends Jewellery Watches & Wearables EyeCare Total Income and YoY Growth% Total Income and YoY Growth% Total Income and YoY Growth% 41,408 724 3,930 689 33,706 3,310 46% 43% 544 517 24,478 2,622 38% 2,317 19% 33% 36% 38% 375 17,319 17,963 7% 1,587 7% 5% 23% -39% 6% 4%
Slide 73: Other Updates
Other Updates Dividend Shareholding Information Awards and Recognition Sustainability at Titan 72
Slide 74: Dividend
Dividend Dividend (₹ Crores) Dividend Payout % 888 40% 666 32% 30% 31% 28% 29% 27% 25% 25% 23% 444 355 355 333 231 186 204 195 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 Note: 73 Dividend payout ratios exclude Dividend Distribution Tax
Slide 75: Shareholding Information
Shareholding Information Shareholding Pattern as at March 31, 2024 Stock Information BSE Ticker 500114 NSE Ticker TITAN BSE Market Capitalization (Mar 31, 2024) ₹3.4 lakh crores Retail Number of Shares Outstanding 88.78 crores 19% Insurance Cos. & Banks BSE Market Capitalization (₹ Crores) 4% Mutual
Slide 76: Awards & Recognition
Awards & Recognition EyeCare ISCM Business Leader of the Year Top 40 India’s Workplaces manufacturing facility - top CEO of the Year Most Impactful CEO Economic Times Awards for in Health & Wellness rank at the 37th QCFI by Forbes India By ET Edge Times Now Corporate Excellence 2023 by Great Place t
Slide 77: Sustainability at Titan
Sustainability at Titan Affirmative Action Hosur Lake Rejuvenation Happy Eyes - Badami Craft communities Adolescence Education Awareness Fastracked Integrated Village Development Hitaru Impact Learning Hydroponics Entrepreneurs Kalyani Rejuvenation 21 Green Tech Program - Training on Sericulture & B
Slide 78: Sustainability at Titan
Sustainability at Titan • Titan Kanya program was able to bring about significant change through its various education interventions across Karnataka, Tamil Nadu and Uttarakhand in the lives of 22,370 girls. The interventions included teaching through learning centres, after-school academic support,
Slide 79: Sustainability at Titan
Sustainability at Titan Support for • Many craft community activities transforming lives of 1,000+ women directly, through Project Tarasha were done in FY24 Indian Arts, • Design Impact awards – theme around environment / water are launches planned for FY25 Crafts & Heritage • Design impact movement
Slide 80: Thank You
Thank You For any queries, please email to investor-relations@titan.co.in