Titan Company Limited · NSE:TITAN
Titan — Q3 FY2024 Earnings Presentation
87 slides from Titan's earnings presentation, Feb 1, 2024
Slide 1: Exchange filing cover letter for Q3 FY24 investor presentation
SEC 185 / 2023-24 1st February 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 Str
Slide 2: Earnings Presentation for the Quarter and Nine months ended December 31, 2023
Titan Company Limited Earnings Presentation for the Quarter and Nine months ended December 31, 2023 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 ₹454 bn ₹3,263 bn 2,949 3.98 mn TTM Total Income (1) Market Capitalization (2) Stores Retail Area sq ft ~11.5k 10 28 mn+ 420 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% 898 40%+ Jewellery Exclusive Brand Sales through Gold 1 Market Share Outlets Exchange Programme ~19% 275 13 Digitally i
Slide 11: Watches & Wearables: India's Leading Watches Company
Watches & Wearables India’s Leading Watches Company 1,076 8,000+ Exclusive Brand Multi-brand Outlets 2 Manufacturing facilities in Outlets Hosur and Coimbatore 321 33 Town Presence New Campaigns and Pan-India Collections in Q3FY24 3 Assembly facilities in Roorkee, Pantnagar and Sikkim 10 1. Exclusiv
Slide 12: EyeCare: India's Most Trusted Optical Chain
EyeCare India’s Most Trusted Optical Chain 913 359 Exclusive Brand Town Presence Outlets Manufacturing facility at Chikkaballapur 4.9 11 Google Store Ratings New Campaigns and (5 Lakh+ Reviews) Collections in Q3FY24 2 Lens Lab facilities at Noida and Kolkata 11 1. Exclusive Brand Outlets include Tit
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 - 72 in Departmental 1 Fastrack - 27 Chains 12 1. Based on internal sales data from retail chains
Slide 14: Fashion Accessories
Fashion Accessories Thoughtfully Designed Bags Available in Available in 100+ 100+ Large Format Stores Departmental Stores Online Presence Online Presence Tata CLiQ, Nykaa, Tata CLiQ, Nykaa, Myntra, Amazon, Ajio Myntra, Flipkart, and irth.in Amazon, Ajio and ft.in 13
Slide 15: Indian Dress Wear
Indian Dress Wear Finest range of pure handcrafted weaves from across the country 62 29 Exclusive Brand Town Presence Outlets Pan-India Weavershala is an initiative by 100+ 4 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: Q3FY24 Standalone Total Income Highlights
Q3FY24 Standalone Total Income Highlights 90% 8% 1% 1% Watches & Emerging Segment1,5 Jewellery3 EyeCare Total2,3 Wearables Businesses4 Total Income 11,709 982 167 112 13,071 YoY Growth% 23.0% 21.1% (4.0)% 25.8% 22.7% 13,071 11,709 982 112 10,651 9,518 174 167 811 89 Q3FY23 Q3FY24 Q3FY23 Q3FY24 Q3FY2
Slide 19: Q3FY24 Standalone EBIT Highlights
Q3FY24 Standalone EBIT Highlights 12.5% 11.3% 13.0% 12.2% 1,478 1,432 1,328 1,236 11.0% 5.6% 18.4% 8.4% 89 (19.1)% (17.9)% 55 32 14 (17) (20) Q3FY23 Q3FY24 Q3FY23 Q3FY24 Q3FY23 Q3FY24 Q3FY23 Q3FY24 Q3FY23 Q3FY24 Jewellery Watches & Wearables EyeCare Emerging Businesses Standalone Note: 1. Figures in
Slide 20: Q3FY24 Consolidated Total Income Highlights
Q3FY24 Consolidated Total Income Highlights 90% 7% 1% 2% Watches & Segment1,5 Jewellery3 EyeCare Other Businesses4 Total2,3 Wearables Total Income 12,564 986 168 313 14,122 YoY Growth% 24.0% 21.6% (3.4)% 46.3% 24.1% 12,564 14,122 10,131 986 313 174 11,383 168 811 214 Q3FY23 Q3FY24 Q3FY23 Q3FY24 Q3FY
Slide 21: Q3FY24 Consolidated EBIT Highlights
Q3FY24 Consolidated EBIT Highlights 11.6% 11.0% 12.3% 11.8% 1,547 1,482 1,324 1,243 10.1% 5.7% 18.4% 7.7% (7.5)% 1.6% 82 56 32 13 5 (16) Q3FY23 Q3FY24 Q3FY23 Q3FY24 Q3FY23 Q3FY24 Q3FY23 Q3FY24 Q3FY23 Q3FY24 Jewellery Watches & Wearables EyeCare Other Businesses Total Note: 1. Figures in ₹ Crores, un
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 of ₹11,709 cr grew 23.0% YoY; Of this, India business grew ~21% YoY to ₹11,313 cr; The primary shipments to International entities grew ~100% YoY ₹11,709 cr 23.0% • Festive led gold purchases resulted in double-digit buyer growth for the quarter; New T
Slide 25: Glimpses of Tanishq's Dharohar Campaign
Glimpses of Tanishq’s Dharohar Campaign Inspired by heirloom artefacts and the opulent jewellery of our glorious past, Dharohar is a magical journey into the rich depths of our heritage. It’s an enchanting celebration of tradition and modernity, exuding the intricate craftsmanship, unique designs, a
Slide 26: Glimpses of Tanishq's Celeste Solitaires X Sachin Tendulkar
Glimpses of Tanishq’s Celeste Solitaires X Sachin Tendulkar Just as how, thousands of nano-facets distinguish Celeste solitaires from any other solitaire - similarly, there are multitudes of nano-facets in Sachin Tendulkar’s life which have made him the crown jewel of International Cricket that he i
Slide 27: Glimpses of Tanishq's Aishani and Kakatiya Campaign
Glimpses of Tanishq’s Aishani and Kakatiya Campaign Presenting an ode to the magnificent Kakatiya dynasty - a song told in pieces of handcrafted gold and gemstones, to render the glorious Telugu royalty Creating a long-term platform; celebrating the Shakti in every woman of Bengal; acknowledging and
Slide 28: Tanishq's Pudhumai Penn and Exchange Campaign
Glimpses of Tanishq’s Pudhumai Penn and Tanishq Exchange Campaign Inspired by the architectural marvels and our glorious culture, every piece of our exquisite Deepawali collection is handcrafted in 22KT gold to celebrate the Pudhumai Penn of our Tamil land Just like our Pudhumai Penn, this collectio
Slide 29: Tanishq's String it Campaign
Tanishq’s String it Campaign Tanishq’s 'String It' is an assortment of classy, candid, and effortlessly elegant neckwear. From necklaces to pendants with chain, the ‘String It’ collection is exclusively crafted to elevate your style quotient. 28 Video hyperlinks embedded for the above campaign
Slide 30: Glimpses of Zoya's Her Becoming Campaign
Glimpses of Zoya’s Her Becoming Campaign 29 Video hyperlinks embedded for the above campaign
Slide 31: Glimpses of Zoya's Her Becoming event
Glimpses of Zoya’s Her Becoming event An evening filled with performances, jewelry, culinary excellence, and champagne, the art of Ikat came alive 30
Slide 32: Glimpses of Mia's New Collections and Campaigns
Glimpses of Mia’s New Collections and Campaigns First ever Gala PR launch 31 Video hyperlinks embedded for the ‘For the star in you’ campaign
Slide 33: Jewellery Standalone Quarterly Performance Trends
Jewellery Standalone Quarterly Performance Trends Total Income and YoY Growth% 77% 11,709 70% 9,518 9,070 8,563 8,575 7,600 7,203 7,576 6,249 6,397 6,106 6,132 37% 5,409 37% 4,890 FY23: 31,897; 37% YTD: 29,355; 21% 29% 3,986 4,047 3,572 3,582 21% 3,528 3,754 3,446 24% 23% 18% 19% 19% 13% 16% 2,467 1
Slide 34: Watches & Wearables
Watches & Wearables Performance Highlights Marketing Campaigns Standalone Quarterly Performance Trends 33
Slide 35: Watches & Wearables Performance Highlights
Watches & Wearables Performance Highlights • Division Total Income grew 21.1% YoY to ₹982 cr; India operations at ₹968 cr grew 22.5% YoY ₹982 cr 21.1% • Analog watches Revenues grew ~18% YoY to ₹810 cr; Wearables grew ~65% YoY Total Income YoY Growth achieving ₹136 cr Revenues for the quarter • The
Slide 36: Glimpses of Titan's New Collections and Campaigns
Glimpses of Titan’s New Collections and Campaigns Titan Neo, Titan Stellar, is designed to the first line of meet the Space inspired demands of watches from those who the brand appreciate a casual yet classic look The Classique The Titan Slim collection Titanium showcases a collection sophisticated
Slide 37: Glimpses of Raga's New Collections and Campaigns
Glimpses of Raga’s New Collections and Campaigns Raga by Titan’s 2023 Diwali collection, “Power Pearls”, comprising of twelve unique timepieces that seamlessly integrate the classic Mother of Pearl into both dial and strap is a true work of art. This product-led campaign allowed for the showcase of
Slide 38: Launch of Vyb – the new Fastrack Sub Brand
Launch of Vyb – the new Fastrack Sub Brand Launch of the new Fastrack Sub Brand Fast fashion brand offering party watches for girls 37
Slide 39: Glimpses of Fastrack's New Collections
Glimpses of Fastrack’s New Collections Cerame The first ceramic watch from the house of Fastrack. The collection offers a multifunction watch with beautiful 3D formed dials with ceramic bezel and links Stunners 7.0 Tick Tock 3.0 Presenting the new look of The latest stunners with a addition to the d
Slide 40: Launch of Poze – the new Sonata Sub Brand
Launch of Poze – the new Sonata Sub Brand Launch of the new Sonata Sub Brand A fast fashion offering by Sonata 39 Video hyperlinks embedded for the above campaign
Slide 41: Glimpses of Sonata's New Collections
Glimpses of Sonata’s New Collections 40
Slide 42: Glimpses of International Brand Campaigns
Glimpses of International Brand Campaigns Payal Singhal x Coach Event Notable guests included Police X Cosmopolitan X Lakshay Lalwani Farhan Akhtar, Shibani Police International Day - a total of 7 celebrated men influencers Akhtar, Samita Shetty, Urfi participated in it Javed, Ankush Bhaguna 41
Slide 43: Glimpses of Wearable's New Collections and Campaigns
Glimpses of Wearable’s New Collections and Campaigns 42 Video hyperlinks embedded for the above campaigns
Slide 44: Watches & Wearables Standalone Quarterly Performance Trends
Watches & Wearables Standalone Quarterly Performance Trends Total Income and YoY Growth% 1,092 72% 982 871 890 708 829 811 785 40% 641 715 719 687 32% 594 676 29% 19% 531 20% 625 622 21% 21% 15% 17% 557 550 555 15% 13% 12% 7.5% 6.4% 4.9% -2.4% 400 -0.3% -12% FY23: 3,296; 43% 292 YTD: 2,964; 22% FY20
Slide 45: EyeCare
EyeCare Performance Highlights Marketing Campaigns Standalone Quarterly Performance Trends 44
Slide 46: EyeCare Performance Highlights
EyeCare Performance Highlights • Total Income declined by 4.0% YoY to clock ₹167 cr in Q3FY24 • International Brands (IB) grew ~14% YoY; House Brands saw a decline of ~9% YoY in Revenue. The share of IB improved to ~29% of the EyeCare portfolio • Within categories, Sunglasses grew ~5% YoY; Revenues
Slide 47: Glimpses of EyeCare's New Campaigns
Glimpses of EyeCare’s New Campaigns For the launch of 5 new product innovations, Titan Eye+ took a rather unique route! Dash Superstar is an open-for-all opportunity to all boys We converted an otherwise invisible OOH into a live interactive OOH. With the pull of a celebrity, the live & girls up to
Slide 48: Glimpses of EyeCare's New Collections
Glimpses of EyeCare’s New Collections Staples Dreamers Lami Mondo 2.0 Bold 2.0 High on Fashion FreshPoP Wonderland Drop I 47
Slide 49: EyeCare Standalone Quarterly Performance Trends
EyeCare Standalone Quarterly Performance Trends Total Income and YoY Growth% 203 70% 188 183 167 174 167 129 160 165 149 154 156 132 40% 133 134 120 128 124 127 28% 108 26% 19% 23% 16% 18% 94 18% 13% 11% 11% 12% 2.9% 5.1% 4.9% 67 -7.0% FY23: 689; 33% -4.0% FY20: 544; 6.9% 30 FY22: 517; 38% YTD: 558;
Slide 50: Emerging Businesses
Emerging Businesses Performance Highlights Marketing Campaigns 49
Slide 51: Emerging Businesses Performance Highlights
Emerging Businesses Performance Highlights ₹112 cr 25.8% ₹(20) cr (17.9)% 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 25.8% in Total Income YoY • Taneira’s Q3FY24 sales grew
Slide 52: Glimpses of Taneira's The Queen's Collection and Campaign
Glimpses of Taneira’s “The Queen’s” Collection and Campaign Sky Earth Water During a season filled with festivals and weddings, Taneira celebrated the essence of women and their spirit with the introduction of "The Queen’s” Collection. The collection, inspired by elemental forces – Air, Water, Fire,
Slide 53: Regional festival collections showcased through Digital ads
Regional festival collections showcased through Digital ads 52
Slide 54: Glimpses of Taneira's New Campaigns & Collections
Glimpses of Taneira’s New Campaigns & Collections To promote and celebrate Taneira’s Kanjeevarams, Brand further highlighted India's rich Taneira launched the ‘Wedding Weaves’ campaign in crafted with certified pure zari and timeless artistry, heritage at 'Parichay' presenting rare December, capital
Slide 55: Glimpses of Skinn's Feel your best Campaign
Glimpses of Skinn’s Feel your best Campaign Conceptualized Feel your best refresh campaign showcasing the complete range of Skinn to drive usage as part of the Festive look! The campaign was advertised during the World cup India matches in Disney Hotstar 54 Video hyperlinks embedded for the above ca
Slide 56: Glimpses of IRTH's New Collections and Campaigns
Glimpses of IRTH’s New Collections and Campaigns Launch of festive collection IRTH Sparkles for her everyday celebrations Introduced IRTH Blues for everything Delight the one you love, #GiftIRTH For good times to fancy nights to anything you like Blue & You 55 Video hyperlinks embedded for the above
Slide 57: Titan Company Limited subsidiary structure
Titan Company Limited 100% 99.6% 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) Limited
Slide 58: Key Subsidiaries
Key Subsidiaries CaratLane Titan Engineering & Automation Limited 57
Slide 59: CaratLane Trading Private Limited
CaratLane Trading Private Limited 99.6% Owned Subsidiary • Total Income grew by 32.0% YoY to ₹893 cr • Revenue from the Studded category grew 39% YoY whereas Solitaires grew ~10% YoY. The studded contribution to the total business improved to ~78% for the quarter ₹893 cr 32.0% • EBIT came in at ₹82
Slide 60: Glimpses of CaratLane's New Campaigns and Collections
Glimpses of CaratLane’s New Campaigns and Collections Alpona The Everyday Vows campaign emphasizes that modern women view A collection inspired by traditional Bengali motifs that symbolizes celebration & Mangalsutras as an expression of love, celebrating all the special yet invites prosperity seemin
Slide 61: Titan Engineering & Automation Limited
Titan Engineering & Automation Limited Wholly Owned Subsidiary • Total Income grew 61.3% YoY to ₹202 cr. Within Divisions, Automation Solutions (AS) division ₹202 cr 61.3% Revenues grew ~85% YoY to ₹121 cr whereas Manufacturing Services* (MS) grew ~30% YoY Total Income YoY Growth to ₹78 cr • The AS
Slide 62: Retail Network
Retail Network Jewellery Watches & Wearables EyeCare Taneira Retail Sales Growth 61
Slide 63: Jewellery Presence
Jewellery Presence YTD Quarterly Mar-23 Additions Dec-23 Additions Stores 423 43 466* 21 Area sq. ft. 1.74mn 272K 2.01mn 134K Town Presence 251 22 273 13 Stores 111 51 162** 17 Area sq. ft. 64K 52K 116K 17K Town Presence 43 23 66 7 Stores 7 1 8 - Area sq. ft. 24K 1.4K 25K - Town Presence 5 1 6 - Sto
Slide 64: Tanishq's New International Stores in USA and Singapore
Tanishq's New International Stores in USA and Singapore Tanishq in Dallas and Houston, USA Tanishq Singapore 63
Slide 65: Watches & Wearables Presence
Watches & Wearables Presence Exclusive Brand Outlets Presence Multi Brand Outlets Presence YTD Quarterly Mar-23 Additions Dec-23 Additions Stores 622 33 655 9 Area sq. ft. 443K 16K 459K 2K Town Presence 306 13 319 2 8,000+ 2,100+ Multi Brand MBR Retailers (MBR) Town Presence Stores 198 25 223 11 Are
Slide 66: EyeCare Presence
EyeCare Presence Quarterly YTD Mar-23 Additions Dec-23 Additions (net) Stores 896 9 905* - Area sq. ft. 554K 16K 570K 6K Town Presence 352 7 359 1 Stores 5 3 8 - Area sq. ft. 5.8K 0.8K 6.6K (2.0)K Town Presence 1 4 5 2 Note: 65 *includes 3 stores in GCC
Slide 67: Taneira Presence
Taneira Presence YTD Quarterly Mar-23 Additions Dec-23 Additions Stores 41 21 62 11 Area sq. ft. 115K 68K 183K 36K Town Presence 22 7 29 4 Surat Mumbai - Andheri Sarjapur, Bengaluru 66
Slide 68: Retail Sales (Secondary UCP) Growth
Retail Sales (Secondary UCP) Growth Q3FY24 Watches LFS Total 16% 37% 7% (5)% 36% 14% 0% Like-to-Like 10% 2% 3% (13)% 20% 12% (6)% YTD24 Watches LFS Total 21% 42% 7% (3)% 38% 20% 7% Like-to-Like 15% 6% 3% (9)% 19% 17% (1)% Note: 1. Retail UCP (Uniform Consumer Price) growth captures secondary sales i
Slide 69: Financial Performance
Financial Performance Statement of Profit and Loss Total Income and EBIT Capital Employed Financial Trends 68
Slide 70: Standalone Statement of Profit and Loss Highlights
Standalone Statement of Profit and Loss Highlights Q3FY23 Q3FY24 YoY% Particulars (in ₹ Crores) YTD23 YTD24 YoY% 10,560 12,932 22.5% Operating Revenue 27,413 33,045 20.5% 10,651 13,071 22.7% Total Income 27,608 33,405 21.0% 1,421 1,596 12.3% EBITDA 3,922 4,275 9.0% 13.3% 12.2% (113) bps % 14.2% 12.8
Slide 71: Consolidated Statement of Profit and Loss Highlights
Consolidated Statement of Profit and Loss Highlights Q3FY23 Q3FY24 YoY% Particulars (in ₹ Crores) YTD23 YTD24 YoY% 11,294 13,986 23.8% Operating Revenue 29,062 35,655 22.7% 11,383 14,122 24.1% Total Income 29,256 36,029 23.2% 1,436 1,701 18.5% EBITDA 3,984 4,475 12.3% 12.6% 12.0% (57) bps % 13.6% 12
Slide 72: Q3FY24 Total Income and EBIT
Q3FY24 Total Income and EBIT Total Income EBIT Q3FY23 Q3FY24 YoY% Q3FY23 Q3FY24 YoY% (in ₹ Crores) (in ₹ Crores) Jewellery 9,518 11,709 23.0% Jewellery 1,236 1,432 15.9% Watches and Wearables 811 982 21.1% Watches & Wearables 89 55 (38.2%) EyeCare 174 167 -4.0% EyeCare 32 14 (56.3%) Emerging Busines
Slide 73: YTD24 Total Income and EBIT
YTD24 Total Income and EBIT Total Income EBIT YTD23 YTD24 YoY% YTD23 YTD24 YoY% (in ₹ Crores) (in ₹ Crores) Jewellery 24,321 29,355 20.7% Jewellery 3,366 3,637 8.1% Watches and Wearables 2,425 2,964 22.2% Watches & Wearables 315 317 0.6% EyeCare 524 558 6.5% EyeCare 96 77 (19.8%) Emerging Businesses
Slide 74: Standalone Capital Employed
Standalone Capital Employed Business Segment Segment Assets Segment Liabilities Capital Employed (in ₹ Crores) 31-Dec-22 31-Dec-23 31-Dec-22 31-Dec-23 31-Dec-22 31-Dec-23 Jewellery 15,219 17,255 11,747 13,747 3,472 3,508 Watches & Wearables 2,741 3,391 984 996 1,757 2,395 EyeCare 620 677 372 370 248
Slide 75: Consolidated Capital Employed
Consolidated Capital Employed Business Segment Segment Assets Segment Liabilities Capital Employed (in ₹ Crores) 31-Dec-22 31-Dec-23 31-Dec-22 31-Dec-23 31-Dec-22 31-Dec-23 Jewellery 17,153 20,091 13,389 15,758 3,764 4,333 Watches & Wearables 2,771 3,470 994 1,017 1,777 2,453 EyeCare 620 682 372 375
Slide 76: Consolidated Quarterly Performance Trends
Consolidated Quarterly Performance Trends Operating Revenue and YoY Growth% 13,986 11,294 10,956 10,713 9,983 9,087 9,305 75% 8,681 7,279 7,469 59% 7,301 7,421 6,528 5,871 4,889 5,151 4,711 37% FY23: 38.367; 38% YTD: 36.029; 23% 4,451 4,567 35% 4,662 4,162 27% 25% 23% 24% 19% 16% 3,049 19% 21% 8.5%
Slide 77: Jewellery Consolidated Quarterly Performance Trends
Jewellery Consolidated Quarterly Performance Trends Total Income and YoY Growth% 78% 12,564 71% 10,131 9,755 9,005 9,265 7,995 8,065 39% 7,515 37% 6,653 6,496 6,379 6,468 29% 4,105 5,606 4,997 22% 25% 22% 23% 24% 4,164 16% 18% 3,643 3,645 14% 3,650 12% 3,899 3,592 13% 6.3% 2,626 FY23: 33,706; 38% 0.
Slide 78: Annual Consolidated Performance Trends
Annual Consolidated Performance Trends Total Income and YoY Growth% PBT and PBT Margin PAT and PAT Margin 3,274 38,675 4,447 8.5% 37% 38% 7.9% 11.5% 7.0% 10.6% 7.0% 9.8% 9.9% 2,958 2,198 23% 21,204 20,474 27,988 4.8% 1,957 2,102 1,389 1,493 6.5% 19,961 1,327 974 6% -3% FY19 FY20 FY21 FY22 FY23 FY19
Slide 79: 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% 3,310 33,706 689 46% 43% 2,622 2,447 2,317 544 24,478 509 517 38% 33% 15% 375 17,319 17,963 36% 38% 7% 1,587 23% 16,390 24% 7% 6% -39% 4
Slide 80: Other Updates
Other Updates Dividend Shareholding Information Awards and Recognition Sustainability at Titan 79
Slide 81: 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: 80 Dividend payout ratios exclude Dividend Distribution Tax
Slide 82: Shareholding Information
Shareholding Information Shareholding Pattern as at December 31, 2023 Stock Information BSE Ticker 500114 NSE Ticker TITAN BSE Market Capitalization (Dec 31, 2023) ₹3.3 lakh crores Retail Number of Shares Outstanding 88.78 crores 19% Insurance Cos. & Banks BSE Market Capitalization (₹ Crores) 4% 3,2
Slide 83: 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 84: Sustainability at Titan
Sustainability at Titan Titan Kanyas Condensated Tribal Women Entrepreneurship Learning Centres and Sports water recovery Opthalmic Nursing training Miyawaki forest on top of Titan Scholarships Happy Eyes new frontiers at Hyderabad rainwater harvesting tank 83
Slide 85: Sustainability at Titan
Sustainability at Titan • Titan Kanya and Kanya Sampurna programs are proceeding well. The program in Uttarakhand (full adoption of girls school) is progressing well, with an addition of Science education. Titan has introduced exclusive Girl Child/ scholarships for the Kanya girls to take them throu
Slide 86: Sustainability at Titan
Sustainability at Titan • The Design Impact movement with its focus on deeper deployment, has launched a call for submission of projects from various colleges. The projects will provide technical and business incubation support and take the deserving product Support for solutions to market. Taking a
Slide 87: Thank You
Thank You For any queries, please email to investor-relations@titan.co.in