Titan Company Limited · NSE:TITAN

Titan — Q4 FY2025 Earnings Presentation

62 slides from Titan's earnings presentation, May 8, 2025

  1. Slide 1: Exchange filing cover letter

    SEC 13 / 2025-26 8th May 2025 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex Mumbai 400 001 Bandra (E), Mumbai 400 051 Maharashtra, India Maharashtra Scrip Code: 500114 Symbol: TITAN Dear Sir/ Madam, Sub:

  2. Slide 2: Earnings Presentation for the Quarter and Financial Year ended March 31, 2025

    Titan Company Limited Earnings Presentation for the Quarter and Financial Year ended March 31, 2025 Sensitivity: Internal

  3. 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

  4. Slide 4: About the Company

    • The Titan Story • Our Journey So Far About the • Our Business Segments Company • Titan Brands • Titan Company Structure Executive Summary Business Performance Financial Performance Other Updates Sensitivity: Internal

  5. Slide 5: 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,

  6. Slide 6: Our Journey So Far

    Our Journey So Far Launch of Company incorporated, Launch of Demerged PED to JV between the Tata Launch of group and Tamilnadu State-of-the-art Industrial Development Jewellery making and Precision Engineering and merged Gold Plus Corporation facility inaugrated (PED) with Tanishq Launch of 1984 199

  7. Slide 7: Titan Businesses (1/2)

    Titan Businesses (1/2) Jewellery: India’s Leading Organised Jewellery Retailer Manufacturing facilities in Hosur, Pantnagar and ~8% ~20% Midnapore; India Market FY25 Digitally Product Development share1 influenced sales Centre in Mumbai Watches & Wearables: India’s Leading Watches Brand 2 Manufactur

  8. Slide 8: Titan Businesses (2/2)

    Titan Businesses (2/2) Indian Dress Wear: Finest range of pure handcrafted weaves from across the country Weavershala is an initiative by Taneira towards supporting 100+ 80+ weavers with technical expertise Exclusive Brand and improving their working Clusters2 Outlets conditions Fragrances: India’s

  9. Slide 9: Titan Brands - Segmentation Landscape

    Titan Brands - Segmentation Landscape Watches & Indian Dress Fashion Segments Jewellery EyeCare Fragrances Wearables Wear Accessories Luxury Premium Mid-Market Mass Market 8 Sensitivity: Internal

  10. Slide 10: Titan Brands - Size of Business

    Titan Brands - Size of Business Watches & Indian Dress Fashion Gross UCP Jewellery EyeCare Fragrances Wearables Wear Accessories ₹50,000 cr ₹5,000 cr ₹1,000 cr ₹500 cr ₹100 cr < ₹100 cr (Not to scale) Note: 1. FY25 Gross UCP (Uniform Consumer Price) is used for the above illustration 2. The position

  11. Slide 11: Titan Company Structure

    Titan Company Structure Titan Company Limited 100% 100% 100% 100% 100% Titan CaratLane Titan Holdings Titan Engineering & TCL North Trading Private International Commodity Automation America Inc Limited FZCO, Dubai Trading Limited Limited (TEAL) Minority stake 100% 100% CueZen TEAL USA Inc. Inc. 100

  12. Slide 12: Executive Summary

    About the Company • Titan at a Glance Executive • Management Commentary Summary • Q4FY25 Standalone Highlights • Q4FY25 Consolidated Highlights Business Performance Financial Performance Other Updates Sensitivity: Internal

  13. Slide 13: Titan at a Glance

    Titan at a Glance ₹573 bn ₹2,720 bn 3,312 4.70 mn FY25 Total Income (1) Market Capitalization (2) Stores Retail Area sq. ft. ~12.5 k 11 ~40 mn+ 435 Manufacturing and Employees on roll Assembly Facilities Encircle Members Town Presence Note: 1. Total Income excludes bullion and digi-gold sales 2. Mar

  14. Slide 14: Management Commentary

    Management Commentary While FY25 was marked by multiple external events that had varying impacts on the businesses in general, Titan’s businesses clocked yet another year of strong 22% revenue growth resulting in the Company crossing the impressive milestone of ₹50,000+ crores of revenues for the fu

  15. Slide 15: Q4FY25: Standalone Highlights

    Q4FY25: Standalone Highlights Jewellery Watches & Wearables EyeCare Emerging Businesses Titan Company 88 88 9 9 2 2 1 1 +23.8% +24.8% 12,730 11,232 10,280 +19.8% Total Income 8,998 1,126 +15.7% 940 +5.2% 192 166 102 97 Q4FY24 Q4FY25 Q4FY24 Q4FY25 Q4FY24 Q4FY25 Q4FY24 Q4FY25 Q4FY24 Q4FY25 96 94 7 9 1

  16. Slide 16: Q4FY25: Consolidated Highlights

    Q4FY25: Consolidated Highlights Jewellery Watches & Wearables EyeCare Other Businesses Titan Company 86 87 8 8 1 1 4 3 +21.4% +23.7% 13,891 Total Income 12,112 11,440 +20.8% -18.1% 9,792 1,134 +16.3% 470 939 385 193 166 Q4FY24 Q4FY25 Q4FY24 Q4FY25 Q4FY24 Q4FY25 Q4FY24 Q4FY25 Q4FY24 Q4FY25 1 1 3 2 EB

  17. Slide 17: Business Performance

    About the Company Executive Summary • Jewellery • Watches and Wearables Business • EyeCare Performance • Emerging Business • International Business • TEAL Financial Performance Other Updates Sensitivity: Internal

  18. Slide 18: Jewellery (Domestic): Quarterly Performance

    Jewellery (Domestic): Quarterly Performance • Division’s robust growth of c.23% YoY to ₹10,845 crores was underpinned by a strong c.27% YoY growth in Gold (plain) and c.64% growth in Gold coins !"#$%&'E"#)*+,*&#- ./012/ ./0123 !"!# • Same store retail growths for Q4 came in at 15% !D#$%&'( )*+,- ./*

  19. Slide 19: CaratLane: Quarterly Performance

    CaratLane: Quarterly Performance • Total Income grew c. 23% YoY to ₹883 crores !"#$%&'E"#)*+,*&#- ./012/ ./0123 !"!# • Revenue from the Studded category grew c.19% YoY ; Revenue from all 45$"E*67&589 :;< ==F $%&%# other categories (gold jewellery, gold coins etc.) together clocked c.44% YoY growth ?

  20. Slide 20: Jewellery: Retail Network

    Jewellery: Retail Network !"#$% &#"'()*+#", -.)I01 23-45%%('(6$, 7#"I08 !"#$% 9'6".,4:4-6;.,'()4<=> 444444444444441?@ 44444444444444444444441 444444444444448AB 9'6".,4:4C$'."$#'(6$#+4<=> 4444444444444444BM 4444444444444444444444E 44444444444444440B !"#$%&'(%)*(%+,-. %%%%%%%%%%%% /(01 %%%%%%%%%%%%%%%

  21. Slide 21: Business Performance

    About the Company Executive Summary • Jewellery • Watches and Wearables Business • EyeCare Performance • Emerging Businesses • International Business • TEAL Financial Performance Other Updates Sensitivity: Internal

  22. Slide 22: Watches & Wearables (Domestic): Quarterly Performance

    Watches & Wearables (Domestic): Quarterly Performance • Domestic Business clocked a strong growth of c.18% YoY to ₹1,087 cr led by c.18% YoY growth in analog watches !"#$%&'E"#)*+,*&#- ./012/ ./0123 !"!# • The Helios channel representing premium Titan and international brands continued to !D#$%&'( )

  23. Slide 23: Watches & Wearables: Retail Network

    Watches & Wearables: Retail Network !"#$% &#"'()*+#", -.)/01 23-45%%('(6$, 7#"/08 !"#$% 9'6".,4:;< 44444444444444=>> 444444444444444444440> 44444444444444=0> !"#$%&'(%)*(%+,- %%%%%%%%%%%%% ./0 %%%%%%%%%%%%%%%%%%%%12 %%%%%%%%%%%%% 343 5678%9"#&#8:#%+;- %%%%%%%%%%%%% 22< %%%%%%%%%%%%%%%%%%%%%%3 %%%%%%

  24. Slide 24: Business Performance

    About the Company Executive Summary • Jewellery • Watches and Wearables Business • EyeCare Performance • Emerging Business • International Business • TEAL Financial Performance Other Updates Sensitivity: Internal

  25. Slide 25: EyeCare (Domestic): Quarterly Performance

    EyeCare (Domestic): Quarterly Performance • Revenue from domestic operations grew c.15% YoY to ₹189 cr led by healthy double !"#$%&'E"#)*+,*&#- ./012/ ./0123 !"!# digit volume growth !D#$%&'( )*+ ),- !"#$% • Within product categories, sunglasses sales outpaced others growing by c.52% YoY. The ./&$0/

  26. Slide 26: EyeCare: Retail Network

    EyeCare: Retail Network !"#$% &#"'()*+#", -.)I01 23-45%%('(6$, 7#"I08 !"#$% 9'6".,4:4-6;.,'()4<=> 44444444444444?@A 4444444444444444444<A@> 44444444444444B?A 9'6".,4:4C$'."$#'(6$#+4<=> 4444444444444444441 44444444444444444444440 444444444444444444M !"#$%&'(%)*(%+,- %%%%%%%%%%%%% ./0 %%%%%%%%%%%%%%%%

  27. Slide 27: Business Performance

    About the Company Executive Summary • Jewellery • Watches and Wearables Business • EyeCare Performance • Emerging Business • International Business • TEAL Financial Performance Other Updates Sensitivity: Internal

  28. Slide 28: Emerging Businesses: Quarterly Performance

    Emerging Businesses: Quarterly Performance • In Emerging Businesses (excluding the discontinued Belts & Wallets business), o Women's Bags clocked a growth of c.10% YoY led by new store openings !"#$%&'E"#)*+,*&#- ./012/ ./0123 !"!# 45$"E*67&589 :; <=2 $%&# o Fragrances recorded a good growth of c.26

  29. Slide 29: Emerging Business: Retail Network

    Emerging Business: Retail Network !"#$% &#"'()*+#", -.)/01 23-45%%('(6$, 7#"/08 !"#$% 9'6".,4:;< 4444444444444444=0 444444444444444444444:>< 4444444444444444=> !"#$%&'(%)*(%+,- %%%%%%%%%%%%% ./. %%%%%%%%%%%%%%%%%%%% +/- %%%%%%%%%%%%% .01 2345%6"#&#57#%+8- %%%%%%%%%%%%%%% /. %%%%%%%%%%%%%%%%%%%% +9-

  30. Slide 30: Business Performance

    About the Company Executive Summary • Jewellery • Watches and Wearables Business • EyeCare Performance • Emerging Business • International Business • TEAL Financial Performance Other Updates Sensitivity: Internal

  31. Slide 31: International Businesses (Consolidated): Quarterly Performance

    International Businesses (Consolidated): Quarterly Performance Jewellery !"#$%"&#'("&)* +(#&)*!",(-$*!"#$%&%'() • Revenue from International operations of Jewellery business grew c.69% YoY to +(#&)*!",(-$*./*,%0 123452 123456 *&*+ ₹402 cr 7$8$))$%9 5:; 2<5 ,-./+ • The growth was led by new store exp

  32. Slide 32: Business Performance

    About the Company Executive Summary • Jewellery • Watches and Wearables Business • EyeCare Performance • Emerging Business • International Business • TEAL Financial Performance Other Updates Sensitivity: Internal

  33. Slide 33: TEAL: Quarterly Performance

    TEAL: Quarterly Performance • Total Income reduced c.24% YoY to ₹284 Cr, primarily due to timing lags in order !"#$%&'E"#)*+,*&#- ./012/ ./0123 !"!# inflows 45$"E*67&589 :;: 2</ $%&#' • Within Divisions, Automation Solutions (AS) Revenue declined c.36 % YoY and =F64 ?/ ?: $E#' Manufacturing Services

  34. Slide 34: Financial Performance

    About the Company Executive Summary Business Performance • Statement of Profit and Loss Financial • Segment Performance Performance • Capital Employed • Financial Trends Other Updates Sensitivity: Internal

  35. Slide 35: Statement of Profit and Loss: Standalone

    Statement of Profit and Loss: Standalone !"#$%" !"#$%F !"!# '()*+,-.()I0120,)3)4I5 #$%" #$%F !"!# 678697 6%8:69 $%&'# ;<4)(*+=>0?4@4=-4 "986A" F%86B: $(&)# 678%B7 6%8A97 $*&+# C3*(.0D=,3E4 "98:B" F%8:AF $(&,# 68%FF 68FFF $*&'# GHDCIJ F8F9" F8ABF %&'# -$&$# -$&$# !"#$!%&' # -$&.# --&(# !"()*$!%&' 686

  36. Slide 36: Statement of Profit and Loss: Consolidated

    Statement of Profit and Loss: Consolidated !"#$%" !"#$%F !"!# '()*+,-.()I0120,)3)4I5 #$%" #$%F !"!# 667%86 697::F $$%&# ;<4)(*+=>0?4@4=-4 "A7B%6 FA78F9 $&%$# 667""C 6978B6 $&%'# D3*(.0E=,3F4 ":7"F" F:799B $(%)# 679FC 67AF9 $$%'# GHEDIJ F78%F A768C *%&# &&%)# &&%+# !"#$%& # &$%,# &(%)# #'!(")#$%& 676

  37. Slide 37: Segment Performance: Q4FY25

    Segment Performance : Q4FY25 !D#$%&'E)D*+&,-&).D.+/0 12'!&,-&).D.+/0 12'!&3$.45E&,60 7$.#5)8%$./ 9:;<=: 9:;<=F !"!# 9:;<=: 9:;<=F !"!# 9:;<=: 9:;<=F !"! !D#D$$D%& 'E))' **E+,+ !"#$% *E-') *E,,* !!#!% &!#&% &&#'% (!)*+,-. ./012D3454.D/%/6$D3 )7- *E*+8 &'#$% '- *,, //#0% $#)% &&#$% 001 ,-. 9&D:/%D *88

  38. Slide 38: Segment Performance: FY25

    Segment Performance: FY25 !D#$%&'E)D*+&,-&./D/+01 23'!&,-&./D/+01 23'!&4$/56E&,71 8$/#6)9%$/0 :;<= :;<F !"!# :;<= :;<F !"!# :;<= :;<F ;D; !D#D$$D%& 'E)'*+ ,-)*./ !"#$% ,).+- ,).-, &#'% "!#(% "&#!% )!&*+,-./ 01234D56760D1%18$D5 ')9:, ,)*.- "0#!% '9. **' (*#(% "&#!% "!#"% "*!,-./ ;&D<1%D .+, .9- *#*%

  39. Slide 39: Capital Employed: Standalone

    Capital Employed: Standalone Jewellery Watches & Wearables EyeCare Emerging Businesses Titan Company 41,075 Assets 25,640 32,862 18,327 16,811 11,488 4,083 Equity 3,586 14,457 7,632 548 649 647 462 2,865 2,605 Liabilities 261 256 262 24,264 14,152 245 18,405 10,695 981 1,218 388 391 217 286 Mar-24 M

  40. Slide 40: Capital Employed: Consolidated

    Capital Employed: Consolidated Jewellery Watches & Wearables EyeCare Other Businesses Titan Company 40,647 Assets 30,219 31,550 11,624 21,632 4,208 Equity 11,399 3,651 9,393 1,412 1,446 8,583 657 667 2,983 2,656 674 775 Liabilities 29,023 263 265 18,820 22,157 13,049 1,225 394 402 738 671 995 Mar-24

  41. Slide 41: Consolidated: Quarterly Performance Trends

    Consolidated: Quarterly Performance Trends Total Income (₹ crores) and YoY Growth (%) 17,582 37% 26% 21% 24% 24% 21% 25% 25% 21% 19% 13% 14,110 12% 11% 13,556 -0.4% 13,891 -10% 11,383 11,069 10,835 11,440 12,308 10,040 9,131 9,419 8,742 7,319 7,526 7,356 7,497 4,210 3,095 1,419 FY22: 27,988; 37% FY2

  42. Slide 42: Consolidated: Annual Performance Trends

    Consolidated: Annual Performance Trends Total Income (₹ crores) and YoY Growth PBT (₹ crores) and PBT Margin (%) PAT (₹ crores) and PAT Margin (%) (%) 4,623 4,535 3,274 4,447 3,496 9 .0 % 8.5% 3,337 7.9% 8 .0 % 57,339 11.5% 7.4% 10.6% 7 .0 % 47,454 2,958 9.7% 2,198 5.8% 6 .0 % 27,988 38,675 7.9% 4.8

  43. Slide 43: Consolidated: Annual Segment Trends

    Consolidated: Annual Segment Trends Jewellery Watches & Wearables EyeCare Total Income (₹ crores) and YoY Growth Total Income (₹ crores) and YoY Growth Total Income (₹ crores) and YoY Growth (%) (%) (%) 4,598 801 50,362 3,930 689 726 41,361 3,310 24,478 33,706 46% 43% 517 38% 38% 2,317 33% 36% 375 1

  44. Slide 44: Other Updates

    About the Company Executive Summary Business Performance Financial Performance • Dividend Other • Shareholding information Updates • Awards & Recognition • ESG at Titan Sensitivity: Internal

  45. Slide 45: Dividend

    Dividend Dividend Dividend per share Dividend payout 355 977 977 888 11.00 11.00 1 2 . 0 4 5 % 666 40% 10.00 4 0 % 231 444 7.50 195 333 1 0 . 0 3 5 % 32% 31% 30% 355 29% 29% 8 .0 0 3 0 % 28% 28% 27% 2 5 % 23% 5.00 6 .0 0 2 0 % 3.75 4.00 4.00 4 .0 0 1 5 % 2.60 2.20 1 0 % 2 .0 0 5 % - 0 % FY16 FY17 FY

  46. Slide 46: Shareholding Information

    Shareholding Information Shareholding Pattern as at 31 March 2025 Stock Information BSE Ticker 500114 NSE Ticker TITAN 18.04% BSE Market Capitalization (31st March 2025) ₹2.72 lakh crores 4.85% Number of Shares Outstanding 88.78 crores 6.41% 52.90% BSE Market Capitalization (₹ Crores) 17.81% 3,37,78

  47. Slide 47: Awards & Recognitions

    Awards & Recognitions • Indian Marketing Awards’ ‘Lifetime Achievement Award - Mr. C K Venkataraman • Business Leadership – Icon award at Grihashobha Inspire Awards 2025 - Ms. Suparna Mitra • Titan Company Ltd. recognised at FPJ’s Best Annual Reports Awards 2025 • GJEPC inducts Ms. Revathi Kant into

  48. Slide 48: ESG at Titan – Overview

    ESG at Titan – Overview Environment Sourced Water storing 1.97 crore units (KwH) capacity of renewable energy for our 5,440 enhanced by manufacturing plants and trees planted 1,751 lakh offices (FY25) litres Social Empowered Gender Diversity 16,000+ 41,000+ 7 Lakh+ 21,000+ Individual lives Individua

  49. Slide 49: Sustainability at Titan – Key Initiatives – Q4 FY25 (1/3)

    Sustainability at Titan – Key Initiatives – Q4 FY25 - (1/3) • Titan Kanya continues to empower girls through education, expanding reach, enriching learning, and fostering community-led change (65,000+ Girls in FY 24-25) Girl child / • Launched in 8 KGBVs & 2 High Schools (Cuddalore & Tiruvannamalai)

  50. Slide 50: Sustainability at Titan – Key Initiatives – Q4FY25 (2/3)

    Sustainability at Titan – Key Initiatives – Q4FY25 - (2/3) • Project Happy Eyes (HE) has screened over 2.34 lakh children and provided life-changing eye care, including surgeries and spectacles, across India • Impacted more than 0.6 M participants in FY25 Responsible • Improved 79 springs, providing

  51. Slide 51: Sustainability at Titan – Key Initiatives – Q4FY25 (3/3)

    Sustainability at Titan – Key Initiatives – Q4FY25 - (3/3) • 60 tons of organic sludge from STP were converted to manure and distributed for agricultural use in Hosur over the last three months in Watches and Wearables • Installation of a 200 TR energy-efficient chiller and design envelope pumps for

  52. Slide 52: Annexures

    Annexures Sensitivity: Internal

  53. Slide 53: Jewellery: Quarterly Trends (Standalone)

    Jewellery: Quarterly Trends (Standalone) Total Income (₹ crores) and YoY Growth (%) 37% 14,697 11,709 24% 23% 26% 26% 25% 18% 19% 19% 19% 9,879 16% 10,763 11,232 11% 8.9% -2.3% 8,563 9,518 9,070 8,575 8,998 -4.2% 7,600 7,203 7,576 6,249 6,397 6,106 6,132 3,446 2,467 1,182 FY22: 23,268; 35% FY23: 31,

  54. Slide 54: Jewellery: Quarterly Trends (Consolidated)

    Jewellery: Quarterly Trends (Consolidated) Total Income (₹ crores) and YoY Growth (%) 39% 15,848 25% 23% 24% 26% 26% 24% 22% 21% 16% 18% 13% 12,552 10% 11,671 12,112 -1.6% -2.8% 10,131 10,730 9,754 9,263 9,792 9,005 7,995 7,515 8,065 6,496 6,653 6,379 6,468 3,592 2,626 1,222 FY21: 17,963; 3.7% FY22:

  55. Slide 55: Watches & Wearables: Quarterly Trends (Standalone)

    Watches & Wearables: Quarterly Trends (Standalone) Total Income (₹ crores) and YoY Growth (%) 40% 29% 32% 1,301 1,128 1,126 21% 21% 19% 20% 12% 15% 13% 1,092 15% 15% 7.9% 1,021 -0.3% 982 940 811 871 890 -12% 829 785 687 708 622 550 555 400 292 75 FY24: 3,904; 18% FY25: 4,576; 17% FY22: 2,309; 46% FY

  56. Slide 56: Watches & Wearables: Quarterly Trends (Consolidated)

    Watches & Wearables: Quarterly Trends (Consolidated) Total Income (₹ crores) and YoY Growth (%) 41% 32% 1,137 1,134 29% 1,304 21% 16% 22% 19% 21% 12% 14% 12% 15% 1,092 6.3% 0.2% 986 1,023 883 913 939 -12% 830 786 811 689 710 625 551 559 401 293 76 FY23: 3,310; 43% FY24: 3,930; 19% FY25: 4,598; 17% F

  57. Slide 57: EyeCare: Quarterly Trends (Standalone)

    EyeCare: Quarterly Trends (Standalone) Total Income (₹ crores) and YoY Growth (%) 26% 23% 18% 12% 16% 16% 5.1% 11% 11% 6.9% 4.9% 0.6% 3.0% -7.0% -4.0% 203 209 201 188 194 192 183 174 160 167 165 167 166 156 124 127 134 94 67 30 FY22: 517; 38% FY23: 689; 33% FY24: 724; 5.1% FY25: 796; 9.9% FY21: 375;

  58. Slide 58: Statement of Profit and Loss: Standalone

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  59. Slide 59: Statement of Profit and Loss: Consolidated

    Statement of Profit and Loss: Consolidated G()*+,-.I0-1)22-2,.,343I,- !"#$%" !"#$%F !"!# #$%" #$%F !"!# 5+I-6-7()(328 !!"##$ !%"F$G !"#$% ()*+,-.,I0-12345,6,5+0783+5 9:"G;! ;G"!9% !!#!% !"#:; !"<!$ &'(%) =4>+0,-I+0)48?@,0+7+?2+ 9"%%% %"%!% &!*%) !;$ !!: &!+%) =4>+0,A?3-B+ ;%% 9F: ,$#$% 9%:;F< 9F:=<%

  60. Slide 60: Standalone Balance Sheet

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  61. Slide 61: Consolidated Balance Sheet

    Consolidated Balance Sheet !"#$#%&'&() *+&,-. *+&,-/ %0+"1( !"#$%FG(($)( FFFFFFFFFFFFFFF*+,-. FFFFFFFFFFFFFFF*+I0, FFFFFFFFFFFFFFFFFF*-- 1"23)F45F6($F7(($) FFFFFFFFFFFFFFF*+809 FFFFFFFFFFFFFFF*+::0 FFFFFFFFFFFFFFFFFF-9* ;<)7<2"=L$FG(($)( FFFFFFFFFFFFFFFFFF9*0 FFFFFFFFFFFFFFFFFF9-- FFFFFFFFFFFFFFFFFF

  62. Slide 62: Thank You!

    Thank You! For any queries, please email to investor-relations@titan.co.in Sensitivity: Internal

Titan Company — Q4 FY2025 Earnings Presentation on 6ix