Titan Company Limited · NSE:TITAN
Titan — Q2 FY2023 Earnings Presentation
78 slides from Titan's earnings presentation, Nov 4, 2022
Slide 1: Exchange filing cover letter: Second quarter earnings call investor presentation
TIT /\N COMP/\ NY SEC 56 / 2022-23 4th November 2022 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
Slide 2: Earnings Presentation for the Quarter and Half Year ended September 30, 2022
November 4, 2022 Titan Company Limited Earnings Presentation for the Quarter and Half Year ended September 30, 2022 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 Company Overview 1 Titan Journey | Titan at a Glance | Business Segments | Lifestyle Brands Performance Highlights 2 Company| Total Income| EBIT 3 Business Highlights Jewellery | Watches & Wearables | EyeCare | Other Businesses | CaratLane | TEAL 4 Retail Network Jewellery Presence | Watches
Slide 5: Company Overview
Company Overview Titan Journey Titan at a Glance Business Segments Lifestyle Brands 4
Slide 6: Titan Journey
Titan Journey (1) ** PED Accessories 1992 2005 2010 2017 Conceived 1984 1998 2008 2013 1987 2003 2009 2016 (2) 1996 2007 2011 2022 (3) (2) Note: 1. PED was demerged to wholly-owned subsidiary as TEAL 2. Companies / Brands through acquisitions / joint ventures 3. Brand ‘IRTH’ for women’s bags was lau
Slide 7: Titan at a Glance
Titan at a Glance ₹ 354 bn ₹ 2,314 bn 2,408 3.0 mn+ TTM Total Income (1) Market Capitalization (2) Stores Retail Area sq ft ~10k 10 22 mn+ 382 Manufacturing and Employees on roll Assembly Facilities Encircle Members Town Presence Note: 1. Total Income excludes bullion sales 2. Market Capitalization
Slide 8: Our Business Segments
Our Business Segments Fragrances and Fashion Jewellery Watches & EyeCare Accessories, Wearables Indian Dress Wear 7
Slide 9: Jewellery
Jewellery India’s Leading Organised Jewellery Retailer 2 Manufacturing facilities in Hosur & Pantnagar ~6% 244 645 Jewellery Town Presence Retail Stores Leveraging technology in Market Share* Pan-India Network manufacturing ~15% 40%+ 14 New Campaigns / Digitally influenced Recycled Gold usage Collec
Slide 10: Watches & Wearables
Watches & Wearables India’s Leading Watches Company 3 Assembly facilities in Roorkee, Pantnagar and Sikkim 905 8,500+ 274 Town Presence Exclusive Brand Outlets Multi Brand Outlets 2 Manufacturing facilities in Hosur Pan-India and Coimbatore 5 27 Manufacturing & ~20% New Campaigns / Online sales Coll
Slide 11: EyeCare
EyeCare India’s Most Trusted Optical Chain Manufacturing facility at Chikkaballapur 335 827 Town Presence Retail Stores Pan-India Network 2 Lens Lab facilities at Noida & Kolkata 4.9 7 Google Store Ratings New Collections (5 lakh+ reviews) Q2FY23 10
Slide 12: Fragrances and Fashion Accessories
Fragrances and Fashion Accessories India’s Leading Fine Fragrances Brand 700+ 2,100+ Exclusive Brand Outlets Multi Brand Outlets Perfume variants 13 Female 1 13 Male New Collection 1 Unisex Q2FY23 11
Slide 13: Indian Dress Wear
Indian Dress Wear Finest range of pure handcrafted weaves from across the country Weavershala is an initiative by Taneira towards supporting weavers with technical expertise and improving their 31 14 working conditions Retail Stores Town Presence 4 100+ New Campaigns / Clusters* Collections Q2FY23 *
Slide 14: Lifestyle Brands
Lifestyle Brands Watches & Fragrances and Indian Jewellery EyeCare Wearables Fashion Accessories Dress Wear Luxury $$$$ Premium $$$$ Mid Market $$$$ Mass Market $$$$ 13
Slide 15: Performance Highlights
Performance Highlights Company Highlights Total Income EBIT 14
Slide 16: Company Highlights – Standalone
Company Highlights – Standalone ₹ 8,308 cr 18.2% ₹ 1,205 cr 14.5% Total Income YoY Growth EBIT EBIT Margin • Company clocked a strong quarterly performance in Q2FY23 growing by 18.2% YoY (excluding bullion sales) and achieving a standalone Total Income of ₹ 8,308 cr. The 3-year CAGR was ~23% • The H
Slide 17: Q2FY23 Total Income Highlights - Standalone
Q2FY23 Total Income Highlights - Standalone 87% 10% 2% 1% Watches & Segment Jewellery EyeCare Other Businesses Total Wearables Total Income 7,203 829 167 73 8,308 YoY Growth% 18.0% 20.8% 4.9% 57.0% 18.2% 8,308 7,203 829 167 73 687 46 7,028 6,106 160 Note: Q2FY22 Q2FY23 Q2FY22 Q2FY23 Q2FY22 Q2FY23 Q2
Slide 18: Q2FY23 EBIT Highlights - Standalone
Q2FY23 EBIT Highlights - Standalone 13.0% 14.5% 13.0% 15.3% 1,205 1,103 913 793 13.5% 14.8% 23.0% 16.5% 123 (2.0)% (24.2)% 92 37 28 (1) (18) Q2FY22 Q2FY23 Q2FY22 Q2FY23 Q2FY22 Q2FY23 Q2FY22 Q2FY23 Q2FY22 Q2FY23 Note: Jewellery Watches & Wearables EyeCare Other Businesses Total 1. Figures in ₹ Crores
Slide 19: Q2FY23 Total Income Highlights - Consolidated
Q2FY23 Total Income Highlights - Consolidated 86% 10% 2% 2% Watches & Segment Jewellery EyeCare Other Businesses Total Wearables Total Income 7,515 830 167 196 8,742 YoY Growth% 17.8% 20.6% 4.9% 97.7% 18.8% 167 8,742 7,515 830 196 689 6,379 160 99 7,356 Note: Q2FY22 Q2FY23 Q2FY22 Q2FY23 Q2FY22 Q2FY2
Slide 20: Q2FY23 EBIT Highlights - Consolidated
Q2FY23 EBIT Highlights - Consolidated 12.5% 13.7% 12.6% 14.5% 1,202 1,088 919 803 13.1% 14.8% 23.0% 16.5% (2.7)% (1.0)% 122 90 37 28 (3) (2) Q2FY22 Q2FY23 Q2FY22 Q2FY23 Q2FY22 Q2FY23 Q2FY22 Q2FY23 Q2FY22 Q2FY23 Note: Jewellery Watches & Wearables EyeCare Others Total 1. Figures in ₹ Crores, unless s
Slide 21: Business Highlights
Business Highlights Jewellery Watches & Wearables EyeCare Other Businesses CaratLane TEAL 20
Slide 22: Q2FY23 Jewellery Highlights
Q2FY23 Jewellery Highlights • Division achieved 18% YoY growth in Total Income comprising of ₹ 7,203 cr 18.0% Total Income YoY Growth • ~15% growth in the India business and • ~400% growth in the International business (off a low base) • Total Buyers grew by ~10% YoY with the proportion of new buyer
Slide 23: Glimpses of Tanishq Campaigns
Glimpses of Tanishq Campaigns Alekhya Presenting #AlekhyaByTanishq, a breathtaking collection worthy of narrating the stories of your Nayi Shuruat ki #PehliDiwali Teej This Teej, celebrate the things that make you fall in love and companionship that thrives through everything - all with jewellery th
Slide 24: Glimpses of Tanishq Campaigns
Glimpses of Tanishq Campaigns Chozha A celebration of the Pudhumai Penngal of the golden age, for the Pudhumai Penngal of today Video hyperlinks embedded for select campaigns 23
Slide 25: Glimpses of Zoya Campaigns
Glimpses of Zoya Campaigns A Solitaire Moment Revived 'A Solitaire Moment' on digital platforms to introduce new product ranges My Song Renditions of yourself in rare jewellery Video hyperlinks embedded for the ‘My Song’ campaign 24
Slide 26: Glimpses of Mia Campaigns
Glimpses of Mia Campaigns Rakhi Celebrate every shade of bhai with unique silver rakhis by Mia This is Me Celebrate the nine colours of Navratri with Mia Video hyperlinks embedded for above campaigns 25
Slide 27: Q2FY23 Watches & Wearables Highlights
Q2FY23 Watches & Wearables Highlights • Division’s robust growth trajectory continued with Total Income of ₹ 829cr recorded for the quarter on the back of healthy growth across key brands and channels • The strong desire to own more premium / differentiated watches resulted in double digit volume gr
Slide 28: Glimpses of Titan's New Collections
Glimpses of Titan’s New Collections World Traveller Edge Mechanical watches come The slimmest mechanical with an timepiece from Titan, the interesting time Titan Edge Mechanical telling comes with a 2.2mm thin mechanism that in-house designed calibre. shows time in 22 The design language cities acro
Slide 29: Glimpses of Titan's New Collections
Glimpses of Titan’s New Collections Raga X Masaba Titan ladies Fashion Masaba’s bold Timepieces for prints seamlessly the young trend blend with seeking woman. Pichwai art to Premium acetate create stunning links contrasted with rose gold timepieces with give these soft, elegant watches a forms fash
Slide 30: Glimpses of Fastrack New Collections
Glimpses of Fastrack New Collections Younique High fashion Premium watches using a differentiated material – Acetate and very unique case shapes 29
Slide 31: Glimpses of Fastrack New Collections
Glimpses of Fastrack New Collections Style Up 1.0 Style up 1.0 is a beautiful range of high fashion watches with new plating colors. This collection has both guys & girls watches with P3H, Day & date functionality Opulence High fashion Premium watches with differentiated unique designs & colors. A c
Slide 32: Glimpses of Sonata Campaigns
Glimpses of Sonata Campaigns Pujo Campaign SF by Sonata Sleek Dream.Hustle.Repeat Slim watches from Sonata Your time and beat that exudes minimalism for dream Video hyperlinks embedded for the Pujo and SF by Sonata campaigns 31
Slide 33: Glimpses of International Brand New Collections
Glimpses of International Brand New Collections Police Collection Revamped Bold, Edgy, Unique designs, A collection to showcase the renewed spirit & DNA of Police. Laser tinted crystal, larger case sizes with split case designs too, and bolder colours and multi layered dials are part of this 22 SKU
Slide 34: Glimpses of Titan's New Wearable - Titan Talk
Glimpses of Titan’s New Wearable - Titan Talk Campaign Highlights 60+ macro and micro tech & lifestyle influencers across India Tech journalist reviews with coveted digital publications like Money Control, Gadgets Now, etc. 360 degree targeting of Titan loyalty base in the digital space using perfor
Slide 35: Glimpses of Fastrack Reflex New Launches
Glimpses of Fastrack Reflex New Launches Fastrack Reflex Vybe It comes with a plethora of features like 24*7 HRM, SpO2, Body Temperature, Sleep Tracker, Women's Health & more Fastrack Reflex Hello First ever Fastrack Fastrack Reflex Play & Play+ smartwatch with BT calling The much awaited launch of
Slide 36: Glimpses of Fastrack Wearables Campaigns
Glimpses of Fastrack Wearables Campaigns Fastrack Reflex Play & Play+ Fastrack’s Biggest Digital Campaign Till Date: 100 Mn Reach Robust Lifestyle and Tech Influencer Leg: 100+ Influencers on Instagram & YouTube In Store Unboxing by Influencers 3 Day Roadblock on Tech Channels Store Visit Campaign V
Slide 37: Q2FY23 EyeCare Highlights
Q2FY23 EyeCare Highlights • Division grew by 4.9% YoY, with House brands growing faster than the International brands • Amongst categories, revenues from Lenses grew faster as ₹ 167 cr 4.9% Total Income YoY Growth compared to Frames and Sunglasses • 38 new stores (net) were added in the quarter of w
Slide 38: Glimpses of EyeCare's Premium Product Launch – Titan Ultima
Glimpses of EyeCare’s Premium Product Launch – Titan Ultima The most progressive lens, engineered to precision Fine Aesthetics, Higher Image Stability & Most Personalized Selection range starts ₹ 50,000 and above 37
Slide 39: Glimpses of EyeCare Campaigns
Glimpses of EyeCare Campaigns Workwear Upgrade Suitable for both low and high myopic customers made up of Acetate, Combo and Metal material Titan Crest Riviera - The spirit of sailing inspired from Aristo 0.2 Classic Sailboats Video hyperlink embedded for the ‘Expert who Cares’ campaign 38
Slide 40: Q2FY23 Other Businesses Highlights
Q2FY23 Other Businesses Highlights • Revenue growth of 57% YoY in the Other Businesses comprising of ₹ 73 cr 57.0% ₹ (18) cr (24.2)% Fragrances, Fashion Accessories (F&FA) and Indian Dress Wear EBIT Total Income YoY Growth EBIT Margin (Taneira) was led by growth of 33% in F&FA and 114% in Taneira •
Slide 41: Glimpses of Taneira Campaigns
Glimpses of Taneira Campaigns ‘The Homecoming’ campaign is rooted in the consumer insight that women like to go back to their tradition and roots during key festivals like Puja and Diwali. They like to dress traditionally, visit families back home and come together to celebrate the festival as they
Slide 42: Glimpses of Taneira Campaigns
Glimpses of Taneira Campaigns As part of festive activation, Brand has collaborated with the famous dancer and actress Rukmini Vijayakumar, to create a series called 'Navratri Stories' The collaboration is attracting a lot of appreciation from her followers and other celebrities Video hyperlinks emb
Slide 43: Key Subsidiaries Highlights: CaratLane
Key Subsidiaries Highlights: CaratLane 72.3% owned Subsidiary • Total Income grew by 53.1% YoY driven by promotions around Raksha Bandhan and hero launches during the quarter • Across categories, solitaires grew the fastest (~12% contribution to revenue for Q2FY23). Studded revenue grew at ~57% YoY
Slide 44: Glimpses of CaratLane Campaigns
Glimpses of CaratLane Campaigns Mogra – A Midnight Bloom The Mogra Collection is inspired by the beautiful flower “ mauli”. The designs bring the complete organic form of the Mogra flower alive - from bud to bloom using rice water pearls and diamonds set in a micro pave settings 43
Slide 45: Key Subsidiaries Highlights: Titan Engineering & Automation Limited
Key Subsidiaries Highlights: Titan Engineering & Automation Limited Wholly owned Subsidiary • Total Income at ₹ 123cr grew by 133% YoY with Automation ₹ 123 cr 133% ₹ 14 cr 11.2% Total Income YoY Growth EBIT EBIT Margin Solutions (AS) division growing much faster than the Manufacturing Services* (MS
Slide 46: Retail Network
Retail Network Jewellery Presence Watches & Wearables Presence EyeCare Presence Taneira Presence Retail Growth 45
Slide 47: Titan Jewellery Presence
Titan Jewellery Presence 403 * 1.57mn 242 Stores Area Sq. ft. Town Presence 8 40K 5 79 37K 34 Stores Area Sq. ft. Town Presence 16 9K 10 6 20K 4 Stores Area Sq. ft. Town Presence 1 1K - 157 161K 61 Stores Area Sq. ft. Town Presence 14 21K 8 Note: 1. Net Additions vis-à-vis previous quarter ended Jun
Slide 48: Titan Watches & Wearables Presence
Titan Watches & Wearables Presence Exclusive Brand Outlets Presence Multi Brand Outlets Presence 577 434K 273 Stores Area Sq. ft. Town Presence 7 5K 1 8,000+ 2,100+ Multi Brand Multi Brand Retail 165 126K 67 Retailers Town Presence Stores Area Sq. ft. Town Presence 14 9K 7 529 135 Large Format Large
Slide 49: Titan EyeCare Presence
Titan EyeCare Presence 822 504K 335 Stores Area Sq. ft. Town Presence 36 23K 18 5 5.8K 1 Stores Area Sq. ft. Town Presence 2 3.3K - Note: Net Additions vis-à-vis previous quarter ended June 30, 2022 48
Slide 50: Titan Indian Dress Wear Presence
Titan Indian Dress Wear Presence 31 88K 14 Stores Area Sq. ft. Town Presence 5 13K 3 Note: Net Additions vis-à-vis previous quarter ended June 30, 2022 49
Slide 51: Q2FY23 Retail UCP Growth
Q2FY23 Retail UCP Growth Total Like to Like Q2 YoY Growth% Q2 YoY Growth% 13% 9% 72% 41% 31% 26% 26% 26% 46% 27% Large Format 63% Stores 52% 12% 1% Note: 1. Retail UCP (Uniform Consumer Price) growth captures secondary sales in Titan branded retail stores (including franchisees) and Large Format Sto
Slide 52: YTD23 Retail UCP Growth
YTD23 Retail UCP Growth Total Like to Like YTD YoY Growth% YTD YoY Growth% 69% 62% 155% 121% 92% 84% 86% 87% 108% 82% Large Format 133% Stores 120% Note: 61% 45% 1. Retail UCP (Uniform Consumer Price) growth captures secondary sales in Titan branded retail stores (including franchisees) and Large Fo
Slide 53: Financial Update
Financial Update Statement of Profit and Loss Total Income and EBIT Capital Employed Balance Sheet Performance Trends Others (Dividend, Market Capitalization and Shareholding Pattern) 52
Slide 54: Standalone P&L - Q2FY23 and YTD23
Standalone P&L - Q2FY23 and YTD23 Q2FY22 Q2FY23 YoY Profit and Loss statement YTD FY22 YTD FY23 YoY 6,921 8,134 17.5% Sale of products / services 9,701 16,627 71.4% 249 596 Other operating revenue 718 1,064 50 60 Other Income 115 104 7,220 8,790 21.7% Total Income 10,534 17,795 68.9% 5,425 6,413 18.
Slide 55: Consolidated P&L – Q2FY23 and YTD23
Consolidated P&L – Q2FY23 and YTD23 Q2FY22 Q2FY23 YoY Profit and Loss statement YTD FY22 YTD FY23 YoY 7,243 8,567 18.3% Sale of products / services 10,247 17,542 71.2% 250 596 Other operating revenue 719 1,064 55 61 Other Income 101 105 7,548 9,224 22.2% Total Income 11,067 18,711 69.1% 5,618 6,630
Slide 56: Total Income and EBIT – Q2FY23
Total Income and EBIT – Q2FY23 Total Income (in ₹ Crores) Q2FY22 Q2FY23 YoY EBIT (in ₹ Crores) Q2FY22 Q2FY23 YoY Jewellery 793 1,103 39.1% Jewellery 6,106 7,203 18.0% Watches & Wearables 92 123 32.8% EyeCare 37 28 (24.8)% Watches & Wearables 687 829 20.8% Other Businesses (1) (1) (18) N.M. EyeCare 1
Slide 57: Total Income and EBIT – YTD23
Total Income and EBIT – YTD23 Total Income (in ₹ Crores) YTD22 YTD23 YoY EBIT (in ₹ Crores) YTD22 YTD23 YoY Jewellery 1,000 2,130 113% Jewellery 8,573 14,803 72.7% Watches & Wearables 36 226 534% EyeCare 24 64 161% Watches & Wearables 979 1,614 64.9% Other Businesses (1) (17) (28) (63.4)% EyeCare 22
Slide 58: Capital Employed - Standalone
Capital Employed - Standalone Business Segment Segment Assets Segment Liabilities Capital Employed (₹ Crores) Sep-21 Sep-22 Sep-21 Sep-22 Sep-21 Sep-22 Jewellery 10,913 14,833 8,460 9,649 2,453 5,184 Watches & Wearables 2,217 2,692 781 1,001 1,436 1,691 EyeCare 431 561 217 316 214 245 Others 162 302
Slide 59: Capital Employed - Consolidated
Capital Employed - Consolidated Business Segment Segment Assets Segment Liabilities Capital Employed (₹ Crores) Sep-21 Sep-22 Sep-21 Sep-22 Sep-21 Sep-22 Jewellery 11,616 16,637 8,862 11,138 2,754 5,499 Watches & Wearables 2,252 2,723 788 1,010 1,464 1,714 EyeCare 431 561 217 315 214 246 Others 862
Slide 60: Balance Sheet - Standalone
Balance Sheet - Standalone Particulars (in ₹ Crores) Sep-21 Sep-22 Change Fixed Assets 1,029 1,089 60 Right of use asset 800 947 147 Intangible Assets 52 43 (9) Investments 762 945 183 Other non-current assets 693 960 267 Non Current Assets 3,336 3,984 648 Inventories 9,916 13,511 3,595 Trade Receiv
Slide 61: Balance Sheet - Consolidated
Balance Sheet - Consolidated Particulars (in ₹ Crores) Sep-21 Sep-22 Change Fixed Assets 1,222 1,309 87 Right of use asset 870 1,067 197 Goodwill 123 123 - Intangible Assets 250 246 (4) Investments 20 341 321 Other non-current assets 771 1,120 349 Non Current Assets 3,256 4,206 950 Inventories 10,48
Slide 62: Quarterly Performance Trends: Consolidated
Quarterly Performance Trends: Consolidated Operating Income & YoY Growth% 9,983 198% 8,681 7,469 7,421 9,087 7,279 7,301 121% 6,528 5,871 5,151 75% 4,567 4,889 4,662 4,711 59% 4,363 4,451 4,162 40% 4,107 35% 37% 29% 27% 12% 19% 16% 11% 12% 19% 8.8% 8.5% 2.1% 3,049 4,103 -3.6% -0.6% 3,583 1,378 -11%
Slide 63: Quarterly Performance Trends: Jewellery - Consolidated
Quarterly Performance Trends: Jewellery - Consolidated Total Income & YoY Growth% 9,005 204% 7,515 6,653 7,995 6,496 6,379 6,468 5,606 4,997 4,105 4,164 3,899 3,649 3,643 3,645 3,650 3,592 78% 3,425 3,358 71% 2,825 2,626 59% 37% 39% 29% 29% 22% 14% 14% 12% 16% 18% 10% 6.3% 1,222 FY22: 24,478; 36% 0.
Slide 64: Quarterly Performance Trends: Jewellery
Quarterly Performance Trends: Jewellery YoY Grammage Growth% and YoY Gold Rate change (22 kt) YoY Grammage Growth% YoY Gold Rate change 43% 170% 38% 32% 124% 26% 101% 22% 21% 49% 49% 15% 47% 10% 24% 20% 45% 8% 6% 15% 6% 6% 6% 4% 6% 3% 8% 2% 0% 7% 5% -3% 4% -7% -5% -1% -14% -14% -20% -31% -4% -6% -7%
Slide 65: Quarterly Performance Trends: Watches & Wearables - Consolidated
Quarterly Performance Trends: Watches & Wearables - Consolidated Total Income & YoY Growth% 786 830 720 168% 716 689 710 679 641 627 625 578 596 543 531 558 551 559 519 492 72% 401 29% 21% 15% 17% 18% 20% 293 12% 10% 5.9% 7.9% 6.1% 5.1% 1.1% -2.5% -2.2% 0.2% -12% FY20: 2,622; 7.1% -44% FY22: 2,317;
Slide 66: Quarterly Performance Trends: Watches & Wearables
Quarterly Performance Trends: Watches & Wearables Watches Volume Growth YoY% 109% 67% 21% 21% 16% 13% 9% 11% 10% 5% 1% -1% 0% -1% -1% -5% -4% -10% -26% -48% Q1'18 Q2'18 Q3'18 Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 65
Slide 67: Quarterly Performance Trends: EyeCare - Consolidated
Quarterly Performance Trends: EyeCare - Consolidated Total Income & YoY Growth% 183 173% 167 154 160 156 149 132 129 128 133 127 134 120 124 113 109 108 101 93 94 70% 67 40% 28% 2.9% 26% 5.1% 16% 19% 18% 13% 18% 2.1% -0.9% 2.3% -2.6% 30 4.9% FY19: 509; 23% FY20: 544; 6.9% -7.0% FY22: 517; 38% FY18:
Slide 68: Annual Consolidated Performance Trends
Annual Consolidated Performance Trends Total Income & YoY Growth% 27,988 PBT & PBT% PAT & PAT% 10.6% 2,198 9.5% 9.8% 9.9% 21,204 37% 6.8% 7.0% 7.0% 19,961 20,474 21% 2,958 7.9% 16,245 2,102 1,493 23% 1,957 6.5% 1,389 4.8% 1,546 1,102 1,327 974 6% -3% FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22
Slide 69: Annual Consolidated Performance Trends
Annual Consolidated Performance Trends Jewellery: Total Income & YoY Watches: Total Income & YoY EyeCare: Total Income & YoY Growth% Growth% Growth% 24,478 2.1% CAGR 16.6% CAGR 5.6% CAGR 517 2,622 509 2,447 46% 544 36% 2,132 415 17,319 17,963 375 25% 16,390 2,317 1,587 23% 38% 13,257 24% 15% 7% 7% 3
Slide 70: Dividend
Dividend Dividend (₹ Crores) Dividend Payout % 666 40% 32% 30% 31% 28% 29% 444 26% 25% 25% 23% 355 333 355 231 204 195 186 186 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 Note: Dividend payout ratios exclude Dividend Distribution Tax 69
Slide 71: Market Capitalization & Shareholding Pattern
Market Capitalization & Shareholding Pattern Market Capitalization Shareholding Pattern as on 30th September, 2022 27% CAGR 2,31,406 2,25,156 Retail 19% 1,38,322 Insurance Cos. & Banks 6% Promoters 1,01,372 Mutual Funds 53% 5% 82,893 Foreign Institutional Investors 17% FY19 FY20 FY21 FY22 Q2FY23 Not
Slide 72: Awards, ESG
Awards, ESG Awards & Recognition Sustainability @ Titan 71
Slide 73: Awards & Recognition
Awards & Recognition Guinness World Record 1.3 lakh eye tests in a single day MCX Good Delivery List across India Flexx Eyewear crafted from Reddot Product & Smart natural wood & titanium Category Winner 2022 72
Slide 74: Sustainability @ Titan
Sustainability @ Titan CSR focus at Titan continues to be driven by broad themes of Upliftment of the underprivileged girl child, Skill Development for the under privileged and support for Indian Arts, Crafts and Heritage Titan actively continues to support local causes in the neighborhood as part o
Slide 75: Sustainability @ Titan
Sustainability @ Titan • Titan Kanya – 13,146+ Kanyas are being empowered through Titan’s education programs. Titan Kanya is now in the state of Uttarakhand with a new partner - The Hans Foundation and would support 3,800+ girls Girl Child/ • Kanya Sampoorna - Reaches out to 7,000 Children (majority
Slide 76: Sustainability @ Titan
Sustainability @ Titan • Integrated Village Development Program (IVDP) Phase 2 - The program covers education and sports for children, skilling for youth, livelihood for women and water for communities in 60 villages • The watershed and livelihood project with National Agro Foundation is now launche
Slide 77: Sustainability @ Titan
Sustainability @ Titan • Across all the manufacturing and assembly facilities of Titan, several initiatives have been instituted for reducing fresh water consumption. Close to 2 Cr litres of water has already been saved in the preceding 6 months since the program started. Some notable initiatives ov
Slide 78: Thank You
Thank You For any queries, please email to investor-relations@titan.co.in 77