Titan Company Limited · NSE:TITAN
Titan — Q1 FY2024 Earnings Presentation
88 slides from Titan's earnings presentation, Aug 2, 2023
Slide 1: Exchange filing cover letter: revised Q1 FY24 presentation
SEC 78 / 2023-24 2nd August 2023 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
Slide 2: Earnings Presentation for the Quarter ended June 30, 2023
Titan Company Limited Earnings Presentation for the Quarter ended June 30, 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 ₹ 406 bn ₹ 2,707 bn 2,778 3.57 mn+ TTM Total Income (1) Market Capitalization (2) Stores Retail Area sq ft ~10.7k 10 28 mn+ 411 Manufacturing and Employees on roll Assembly Facilities Encircle Members Town Presence Note: 1. Total Income excludes bullion sales 2. Market Capitalizati
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% 792 40%+ Jewellery Exclusive Brand Sales through Gold 1 Market Share Outlets Exchange Programme ~17% 258 14 Digitally i
Slide 11: Watches & Wearables: India's Leading Watches Company
Watches & Wearables India’s Leading Watches Company 1,031 8,000+ Exclusive Brand Multi-brand Outlets 2 Manufacturing facilities in Outlets Hosur and Coimbatore 314 27 Town Presence New Campaigns / Pan-India Collections in Q1FY24 3 Assembly facilities in Roorkee, Pantnagar and Sikkim 10
Slide 12: EyeCare: India's Most Trusted Optical Chain
EyeCare India’s Most Trusted Optical Chain 908 357 Exclusive Brand Town Presence Outlets Pan-India Manufacturing facility at Chikkaballapur 4.9 7 Google Store Ratings New Campaigns / (5 Lakh+ Reviews) Collections in Q1FY24 2 Lens Lab facilities at Noida and Kolkata 11
Slide 13: Fragrances: India's Leading Fine Fragrances Brand
Fragrances India’s Leading Fine Fragrances Brand Presence in 700+ 2,200+ Titan World and Multi-brand Outlets Fastrack outlets SKINN ranked #1 SKUs SKINN - 58 in Departmental 1 Fastrack - 9 Chains 12 1. Based on internal sales data from retail chains
Slide 14: Fashion Accessories: Thoughtfully Designed Bags
Fashion Accessories Thoughtfully Designed Bags Presence in Available in 50+ 80 Shoppers Stop outlets Departmental Stores Online Presence Online Presence Tata CLiQ, Nykaa, Tata CLiQ, Nykaa, Myntra, Flipkart and Myntra and irth.in Amazon 13
Slide 15: Indian Dress Wear
Indian Dress Wear Finest range of pure handcrafted weaves from across the country 47 25 Exclusive Brand Town Presence Outlets Pan-India 100+ 3 1 New Campaigns / Clusters Collections in Q1FY24 Weavershala is an initiative by Taneira towards supporting weavers with technical expertise and improving th
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: Q1FY24 Standalone Total Income Highlights
Q1FY24 Standalone Total Income Highlights 88% 9% 2% 1% Watches & Emerging Segment1,5 Jewellery3 EyeCare Total2,3 Wearables Businesses4 Total Income 9,070 890 203 76 10,306 YoY Growth% 19.3% 13.4% 11.1% 36.8% 19.2% 10,306 9,070 203 890 183 76 8,649 7,600 785 56 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY
Slide 19: Q1FY24 Standalone EBIT Highlights
Q1FY24 Standalone EBIT Highlights 13.0% 10.7% 13.5% 11.0% 1,121 1,103 1,027 999 13.1% 11.5% 19.8% 17.2% 103 102 (18.9)% (35.5)% 36 35 (10) (27) Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Jewellery Watches & Wearables EyeCare Emerging Businesses Standalone Note: 1. Figures
Slide 20: Q1FY24 Consolidated Total Income Highlights
Q1FY24 Consolidated Total Income Highlights 89% 8% 2% 1% Watches & Segment1,5 Jewellery3 EyeCare Other Businesses4 Total2,3 Wearables Total Income 9,755 913 203 137 11,070 YoY Growth% 22.0% 16.2% 11.1% (5.3)% 21.2% 9,755 11,070 913 203 786 183 144 9,131 7,995 137 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q
Slide 21: Q1FY24 Consolidated EBIT Highlights
Q1FY24 Consolidated EBIT Highlights 12.5% 10.0% 13.2% 10.5% 1,137 1,111 1,052 1,022 12.5% 11.1% 19.8% 17.2% 98 101 (11.1)% (26.9)% 36 35 (16) (37) Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Jewellery Watches & Wearables EyeCare Other Businesses Total Note: 1. Figures in ₹
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 ₹9,070 cr grew 19.3% YoY with domestic operations growing ~20% YoY to ₹8,931 cr ₹9,070 cr 19.3% Total Income YoY Growth • Buyer growth was ~14% YoY and average spends per buyer increased by ~6% YoY. New buyer proportion at ~46% continued to be healt
Slide 25: Glimpses of Tanishq's Celeste X Sachin Tendulkar Campaign
Glimpses of Tanishq’s Celeste X Sachin Tendulkar Campaign Tanishq Celeste X Sachin Tendulkar Tanishq has always celebrated diamonds that transcend the material value-standing for more emotional connotations. For building the desire and aspiration for Celeste solitaires, Tanishq has on boarded Sachin
Slide 26: Glimpses of Tanishq's New Collections and Campaigns
Glimpses of Tanishq’s New Collections and Campaigns The dawn of Akshay Tritiya brings with it new hope and a promise of abundance, to a world yet to awake The "Stunning Every Ear" campaign captured this sentiment, placing earrings at the forefront as the hero Tanishq demonstrated its category domina
Slide 27: Glimpses of Tanishq's New Collections and Campaigns
Glimpses of Tanishq’s New Collections and Campaigns Dibyani – An Ode to the Cultural Heritage of Odisha Inspired by the culture of Odisha, Handcrafted for the women of Odisha There is an innate sense of pride in the Odia community about their culture, heritage and art. Even though there are diverse
Slide 28: Glimpses of Tanishq's Chozha Collection
Glimpses of Tanishq’s Chozha Collection Video hyperlinks embedded for the above campaign 27
Slide 29: Glimpses of Tanishq's New Collections and Campaigns
Glimpses of Tanishq’s New Collections and Campaigns Exchange Campaign Tanishq exchange is a strategic campaign of building awareness of Tanishq Exchange Program while stirring a wave of participation. Indians find comfort in the ‘tried & tested by others’ approach, the idea is to nudge those who are
Slide 30: Glimpses of Zoya's My Promise Collection
Glimpses of Zoya’s My Promise Collection In the flush of love’s light, she knows one thing: it is her soul that lets her be who she is: treasured, pure and unsullied. On this day, that will be forever hers, she is not becoming whole, she already is, and joyfully shares her all in this union. It’s he
Slide 31: Glimpses of Mia's New Collections
Glimpses of Mia’s New Collections Introducing Evil Eye Collection, where style meets positive vibes! This collection showcases the perfect blend of trend and spiritual significance 30
Slide 32: Jewellery Standalone Quarterly Performance Trends
Jewellery Standalone Quarterly Performance Trends Total Income and YoY Growth% 9,518 9,070 8,563 77% 70% 7,600 7,576 7,203 6,249 6,397 6,106 6,132 5,409 4,890 3,582 37% 3,986 4,047 3,754 37% 3,572 3,528 3,446 FY23: 31,897; 37% 29% 21% 2,467 24% 18% 19% 13% 16% 11% 1,182 FY22: 23,268; 35% 11% 5.7% FY
Slide 33: Watches & Wearables
Watches & Wearables Performance Highlights Marketing Campaigns Standalone Quarterly Performance Trends 32
Slide 34: Watches & Wearables Performance Highlights
Watches & Wearables Performance Highlights • Total Income of ₹890 cr grew 13.4% YoY comprising primarily of domestic operations at ₹876 cr that grew ~15% YoY ₹890 cr 13.4% • Analog watches sub-segment grew at ~8% YoY whereas the Wearables sub- Total Income YoY Growth segment powered overall growth f
Slide 35: Glimpses of Titan's New Collections
Glimpses of Titan’s New Collections Titan Modern Classics A stunning collection of elegant classic timepieces featuring domed glass, a minimalist dial design and tone-in-tone subdials, in beautiful plating colors with mesh strap Titan Classic Chrono - an exquisite collection of timeless classic time
Slide 36: Glimpses of Raga's New Campaign
Glimpses of Raga’s New Campaign In April 2023, Titan's Raga, a renowned brand celebrated for its intricate collection of timepieces and narratives revolving around women's individuality and uniqueness, unveiled its latest campaign, "Love Yourself Boldly" The campaign is headlined by the dynamic Boll
Slide 37: Glimpses of Fastrack's Automatics Collection
Glimpses of Fastrack’s Automatics Collection Fastrack’s first ever range of Automatics! Uniquely designed watches for both guys & girls Video hyperlinks embedded for the above campaign 36
Slide 38: Glimpses of Fastrack's New Collections
Glimpses of Fastrack’s New Collections Kronos Snob X A modern interpretation A retro inspired collection of chronographs with a comprising of all new case very unique dial avatar designs in stylish color combinations Stunners 6 Streetline 3.0 A stunning range of A stunning range of fashionable watch
Slide 39: Glimpses of Sonata's New Collections and Campaigns
Glimpses of Sonata’s New Collections and Campaigns SF Sporty Analogs Modernizing the Wedding collection 38
Slide 40: Glimpses of International Brand's New Collections and Campaigns
Glimpses of International Brand’s New Collections and Campaigns Cerruti 1881 Enters the Indian market Samantha Prabhu X Tommy Hilfiger Product launches specially tailored for the wedding season Video hyperlink embedded for the ‘Samantha Prabhu X Tommy Hilfiger’ campaign 39
Slide 41: Glimpse of Titan Evoke
W TITAN SMART Glimpse of Titan Evoke BUNCTION MEETS FASHION Up, y— TITAN FVOKE
Slide 42: Ranveer Singh as Fastrack Smart's Brand Ambassador
Ranveer Singh as Fastrack Smart’s Brand Ambassador Video hyperlinks embedded for above campaign 41
Slide 43: Glimpses of Fastrack Smart's Brand Campaign #FollowYourself
Glimpses of Fastrack Smart’s Brand Campaign #FollowYourself Ranveer Singh has been on-boarded as the Brand Ambassador for Fastrack Smart for 2 years Fastrack Smart launched its first brand campaign on 3rd July with a new brand logo and an overarching positioning centered on the notion that the youth
Slide 44: Glimpses of Fastrack's Smart Launches
Glimpses of Fastrack’s Smart Launches Video hyperlinks embedded for select launches 43
Slide 45: Watches & Wearables Standalone Quarterly Performance Trends
Watches & Wearables Standalone Quarterly Performance Trends Total Income and YoY Growth% 72% 871 890 829 811 785 715 719 708 676 687 641 625 622 40% 594 29% 531 557 550 555 17% 19% 20% 21% 15% 12% 15% 13% 7.5% 6.4% 4.9% 400 -2.4% -0.3% -12% 292 FY23: 3,296; 43% FY20: 2,615; 7.2% FY19: 2,441; 15% 75
Slide 46: EyeCare
EyeCare Performance Highlights Marketing Campaigns Standalone Quarterly Performance Trends 45
Slide 47: EyeCare Performance Highlights
EyeCare Performance Highlights • Total Income grew by 11.1% YoY to clock ₹203 cr in Q1FY24 • House brands grew marginally lower than the overall Division whereas International brands grew faster at ~17% YoY. The mix however continued to be predominated by House Brands having ~70%+ share in the portf
Slide 48: Glimpses of EyeCare's New Collections
Glimpses of EyeCare’s New Collections Fastrack Younique Frames & Sunglasses Metaverse inspired collection with sleek futuristic designs Fastrack Summer Vibes Streetline 3.0 Sunglasses A stunning range of Ana-Digi watches for girls Titan Super Size Trendy acetate frames in bigger sizes Fastrack Wired
Slide 49: EyeCare Standalone Quarterly Performance Trends
EyeCare Standalone Quarterly Performance Trends Total Income and YoY Growth% 173% 203 167 174 160 165 149 154 156 183 132 129 128 133 127 134 120 124 108 70% 94 40% FY23: 689; 33% 28% 67 26% 16% 19% 18% 18% 5.1% 23% 13% 2.9% 11% 11% 4.9% FY19: 509; 23% FY20: 544; 6.9% 30 -7.0% FY22: 517; 38% -16% FY
Slide 50: Emerging Businesses
Emerging Businesses Performance Highlights Marketing Campaigns 49
Slide 51: Emerging Businesses Performance Highlights
Emerging Businesses Performance Highlights ₹76 cr 36.8% ₹(27) cr (35.5)% 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 36.8% in Total Income YoY. • F&FA Revenues clocked ~12% g
Slide 52: Glimpses of SKINN's Campaign for Noura
Glimpses of SKINN’s Campaign for Noura Video hyperlinks embedded for the above campaign 51
Slide 53: Glimpses of Fashion Accessories Launches
Glimpses of Fashion Accessories Launches LAUNCH OF SPRING SUMMER’23 DROP 2 Launch of Ecommerce Line Collection of 57 bags and wallets launched in economy price points with 95% of the collection priced under INR 999 52
Slide 54: Glimpses of Taneira's Summer Wedding Campaign with Mrunal Thakur
Glimpses of Taneira’s Summer Wedding Campaign with Mrunal Thakur Summer Wedding Campaign During the quarter, Taneira elevated the joy of wedding celebrations with a high-impact Summer Wedding Campaign - first time on TV Featuring the elegant and graceful actress, Mrunal Thakur, the brand unveiled th
Slide 55: Glimpses of Taneira's Summer Sorbet Collection
Glimpses of Taneira’s Summer Sorbet Collection Video hyperlinks embedded for the above campaign 54
Slide 56: Glimpses of Taneira Saree Run and International Yoga Day Campaign
Glimpses of Taneira Saree Run and International Yoga Day Campaign Following the success of the Kolkata Saree Run, the Taneira Real Women, Real Inspiration Saree Run Pune was held on a much grander scale and On International Yoga Day, Taneira celebrated women practicing yoga in sarees, breaking barri
Slide 57: Glimpses of Mother's Day Campaign with Sameera Reddy
Glimpses of Mother’s Day Campaign with Sameera Reddy On Mother's Day, Taneira's heartwarming campaign featured Sameera Reddy and influencers styling their mother figures in Taneira sarees, resonating with the audience 56
Slide 58: Titan Company Limited subsidiary structure
Titan Company Limited 100% 72.3% 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 59: Key Subsidiaries
Key Subsidiaries CaratLane Titan Engineering & Automation Limited 58
Slide 60: CaratLane Trading Private Limited
CaratLane Trading Private Limited 72.3% Owned Subsidiary • Total Income grew by 32.4% YoY to ₹640 cr driven by gifting campaigns around #FirstSalary and new collections in the first quarter • Revenue from the key category of Studded grew at ~41% YoY. It continues to contribute ~75% of the total busi
Slide 61: Glimpses of CaratLane's New Collections and Campaigns
Glimpses of CaratLane’s New Collections and Campaigns Go bananas with CaratLane x Minions A collection especially for the little ones that is perfect for gifting Ada collection is conceptualized, #FirstSalary campaign focused on expressing gratitude designed and created to celebrate to those who sup
Slide 62: Titan Engineering & Automation Limited
Titan Engineering & Automation Limited Wholly Owned Subsidiary • Total Income at ₹61 cr was lower by 31.7% YoY ₹61 cr (31.7)% • Within Divisions, Automation Solutions (AS) division Revenues at ₹10.6 cr were lower by ~78% YoY Total Income YoY Growth whereas Manufacturing Services* (MS) division achie
Slide 63: Retail Network
Retail Network Jewellery Watches & Wearables EyeCare Taneira Retail Sales Growth 62
Slide 64: Jewellery Presence
Jewellery Presence Quarterly Mar-23 Additions Jun-23 Stores 423 10 433* Area sq. ft. 1.7mn 51K 1.8mn Town Presence 251 6 257 Stores 111 8 119 Area sq. ft. 64K 8K 72K Town Presence 43 2 45 Stores 7 - 7 Area sq. ft. 24K - 24K Town Presence 5 - 5 Stores 222 11 233 Area sq. ft. 274K 19K 293K Town Presen
Slide 65: Tanishq's International Presence
Tanishq’s International Presence Tanishq – New Jersey Tanishq Abu Dhabi Tanishq – Al Barsha 64
Slide 66: Watches & Wearables Presence
Watches & Wearables Presence Exclusive Brand Outlets Presence Multi Brand Outlets Presence Quarterly Mar-23 Additions Jun-23 Stores 622 14 636 Area sq. ft. 443K 10K 453K Town Presence 306 7 313 8,000+ 2,100+ Multi Brand MBR Retailers (MBR) Town Presence Stores 198 9 207 Area sq. ft. 144K 7K 151K Tow
Slide 67: EyeCare Presence
EyeCare Presence Quarterly Mar-23 Additions Jun-23 Stores 896* 5 901* Area sq. ft. 554K 3K 557K Town Presence 352 5 357 Stores 5 2 7 Area sq. ft. 5.8K 1.8K 7.6K Town Presence 1 2 3 Note: 66 *includes 1 store in Dubai, GCC
Slide 68: Taneira Presence
Taneira Presence Quarterly Mar-23 Additions Jun-23 Stores 41 6 47 Area sq. ft. 115K 24K 139K Town Presence 22 3 25 Lucknow - Gomti Nagar Mumbai - Andheri Vijayawada 67
Slide 69: Retail Sales (Secondary UCP) Growth
Retail Sales (Secondary UCP) Growth Q1FY24 Watches LFS Total 21% 44% 8% (4)% 40% 33% 13% Like-to-Like 16% 8% 2% (11)% 20% 13% 3% Note: 1. Retail UCP (Uniform Consumer Price) growth captures secondary sales in Titan branded retail stores (including franchisees) and Large Format Stores; Whereas the re
Slide 70: Financial Performance
Financial Performance Statement of Profit and Loss Total Income and EBIT Capital Employed Financial Trends 69
Slide 71: Standalone Statement of Profit and Loss Highlights
Standalone Statement of Profit and Loss Highlights Particulars (in ₹ Crores) Q1FY23 Q1FY24 YoY% Operating Revenue 8,605 10,207 18.6% Total Income 8,649 10,306 19.2% EBITDA 1,208 1,202 (0.5%) % 14.0% 11.7% (230) bps EBIT 1,121 1,103 (1.6%) % 13.0% 10.7% (226) bps PAT 793 777 (2.0%) % 9.2% 7.5% (163)
Slide 72: Consolidated Statement of Profit and Loss Highlights
Consolidated Statement of Profit and Loss Highlights Particulars (in ₹ Crores) Q1FY23 Q1FY24 YoY% Operating Revenue 9,087 10,956 20.6% Total Income 9,131 11,070 21.2% EBITDA 1,240 1,239 (0.0%) % 13.6% 11.2% (238) bps EBIT 1,137 1,111 (2.3%) % 12.5% 10.0% (242) bps PAT 790 756 (4.4%) % 8.7% 6.8% (183
Slide 73: Q1FY24 Total Income and EBIT
Q1FY24 Total Income and EBIT Total Income EBIT Q1FY23 Q1FY24 YoY% Q1FY23 Q1FY24 YoY% (in ₹ Crores) (in ₹ Crores) Jewellery 7,600 9,070 19.3% Jewellery 1,027 999 (2.7%) Watches and Wearables 785 890 13.4% Watches & Wearables 103 102 (1%) EyeCare 183 203 11.1% EyeCare 36 35 (3%) Emerging Businesses 56
Slide 74: Standalone Capital Employed
Standalone Capital Employed Business Segment Segment Assets Segment Liabilities Capital Employed (in ₹ Crores) 30-Jun-22 30-Jun-23 30-Jun-22 30-Jun-23 30-Jun-22 30-Jun-23 Jewellery 12,490 15,496 8,947 8,897 3,543 6,599 Watches & Wearables 2,405 3,089 917 1,018 1,488 2,071 EyeCare 496 667 275 397 221
Slide 75: Consolidated Capital Employed
Consolidated Capital Employed Business Segment Segment Assets Segment Liabilities Capital Employed (in ₹ Crores) 30-Jun-22 30-Jun-23 30-Jun-22 30-Jun-23 30-Jun-22 30-Jun-23 Jewellery 13,905 18,033 10,014 10,437 3,891 7,595 Watches & Wearables 2,437 3,128 925 1,043 1,511 2,085 EyeCare 496 670 275 399
Slide 76: Consolidated Quarterly Performance Trends
Consolidated Quarterly Performance Trends Operating Income and YoY Growth% 11,294 10,956 9,983 9,087 9,305 8,681 7,279 7,469 7,301 7,421 6,528 75% 5,871 5,151 59% 4,567 4,889 4,662 4,711 FY23: 38.367; 38% 4,451 4,162 35% 37% 27% 3,049 25% 19% 16% 19% 21% 8.5% 2.1% 11% -3.6% 12% FY22: 27,754; 37% 13%
Slide 77: Jewellery Consolidated Quarterly Performance Trends
Jewellery Consolidated Quarterly Performance Trends Total Income and YoY Growth% 10,131 9,755 9,005 204% 8,065 7,515 6,496 6,653 6,379 6,468 7,995 5,606 4,997 4,105 4,164 71% 78% 3,643 3,645 3,650 3,899 3,592 FY23: 33,706; 38% 37% 2,626 39% 29% 22% 25% 22% 14% 12% 16% 18% 13% 6.3% 0.1% 1,222 -1.6% F
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 June 30, 2023 Stock Information BSE Ticker 500114 NSE Ticker TITAN Market Capitalization (Mar 31, 2023) ₹ 2.7 lakh crores Retail Number of Shares Outstanding 88.78 crores 19% Insurance Cos. Market Capitalization (₹ Crores) & Banks 4% 2,70,650 Mutua
Slide 83: Awards & Recognition
Awards & Recognition Best Organisations for Top 40 India’s Workplaces Winner Best Vegan Company of the Year CEO of the Year Women in Health & Wellness Sarees by Business Award by Forbes India by Economic Times by Great Place to Work at PETA India’s 2022 Most Sustainable Product and Smart Top 24 Orga
Slide 84: Sustainability at Titan
Sustainability at Titan Titan Kanya Titan LeAP Program Project Tarasha Happy Eyes Agriculture / Water / Livelihood programs 83
Slide 85: Sustainability at Titan
Sustainability at Titan • Titan Kanya, Kanya+ and the holistic engagement program of Kanya Sampurna started the year with developing teaching learning materials, training facilitators and tutors, tracking enrolments of students at Girl Child/ Education schools and gearing up for implementation immed
Slide 86: Sustainability at Titan
Sustainability at Titan Affirmative • An MoU was signed with DET, Tamil Nadu for developing the 5 Tribal ITIs of the State. Support to many Action new tribal institutions have been planned and the initial preparations have commenced • The Happy Eyes project has taken off very well and covers: • Scre
Slide 87: Sustainability at Titan
Sustainability at Titan Waste • At Watches & Wearables, organic sludge from STP ( Sewage Treatment Plant ) is converted as manure and Management distributed for agricultural purpose. 47 tons of manure were distributed during the last 3 months • Locational water conservation initiatives continue to r
Slide 88: Thank You
Thank You For any queries, please email to investor-relations@titan.co.in