Titan Company Limited · NSE:TITAN
Titan — Q4 FY2023 Earnings Presentation
87 slides from Titan's earnings presentation, May 3, 2023
Slide 1: Exchange filing cover letter for earnings presentation
SEC 16 / 2023-24 3rd May 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, F
Slide 2: Earnings Presentation for the Quarter and Year ended March 31, 2023
May 3, 2023 Titan Company Limited Earnings Presentation for the Quarter and Year ended March 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 Company Overview 1 Titan Journey | Titan at a Glance | Our Business Segments | Lifestyle Brands Performance Highlights 2 Company Highlights| Total Income| EBIT 3 Business Highlights Jewellery | Watches & Wearables | EyeCare | Emerging Businesses | CaratLane | TEAL 4 Retail Network Jewellery P
Slide 5: Company Overview
Company Overview Titan Journey Titan at a Glance Our 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) Note: 1. PED was demerged to wholly-owned subsidiary as TEAL on April 1, 2017 (effective March 24, 2015) (2,4) 2. Companies / Brands through acquisitions / joint ven
Slide 7: Titan at a Glance
Titan at a Glance ₹ 387 bn ₹ 2,233 bn 2,710 3.5 mn+ FY23 Total Income (1) Market Capitalization (2) Stores Retail Area sq ft ~10.4k 10 22 mn+ 404 Manufacturing and Employees on roll Assembly Facilities Encircle Members Town Presence Note: 1. Total Income excludes bullion sales 2. Market Capitalizati
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 ~7% 763 253 Jewellery Retail Stores Town Presence Leveraging technology in Market Share* Network Pan-India manufacturing ~18% 40%+ 11 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 1,005 EBOs 306 Town Presence 2 Manufacturing facilities in Hosur 8,000+ MBOs Pan-India and Coimbatore 5 24 New Campaigns / Manufacturing & Collections Assembly Facilities Q4FY23 9
Slide 11: EyeCare
EyeCare India’s Most Trusted Optical Chain Manufacturing facility at Chikkaballapur 901 352 Retail Stores Town Presence Network Pan-India 2 Lens Lab facilities at Noida & Kolkata 4.9 8 New Campaigns / Google Store Ratings Collections (5 lakh+ reviews) Q4FY23 10
Slide 12: Fragrances
Fragrances India’s Leading Fine Fragrances Brand Presence in 700+ 2,200+ Titan World & Fastrack Multi Brand Outlets Outlets SKINN Ranked* #1 SKUs SKINN - 58 in Departmental Chains Fastrack - 9 *based on internal sales data in the current fiscal year 11
Slide 13: Fashion Accessories
Fashion Accessories Thoughtfully Designed Bags IRTH Presence in Online Presence 40 Tata CLiQ, Nykaa, Shoppers Stop Outlets Myntra and irth.in Fastrack Girls Bags Available in Online Presence Tata CLiQ, Nykaa, 80 Myntra, Flipkart and Departmental Stores Amazon 12
Slide 14: Indian Dress Wear
Indian Dress Wear Finest range of pure handcrafted weaves from across the country 41 22 Retail Stores Town Presence Weavershala is an initiative by 3 Taneira towards supporting 100+ New Campaigns / weavers with technical expertise Clusters* Collections and improving their working Q4FY23 conditions *
Slide 15: Lifestyle Brands
Lifestyle Brands Watches & Fragrances and Indian Jewellery EyeCare Wearables Fashion Accessories Dress Wear Luxury $$$$ Premium $$$$ Mid Market $$$$ Mass Market $$$$ 14
Slide 16: Performance Highlights
Performance Highlights Company Highlights Total Income EBIT 15
Slide 17: Company Highlights – Standalone
Company Highlights – Standalone ₹8,753 cr 25.5% ₹1,053 cr 12.0% Total Income YoY Growth EBIT EBIT Margin 1 • Company grew by 25.5% YoY in Q4FY23 achieving a standalone Total Income of ₹8,753 cr. The 3-year CAGR was 25.1% 1 • Corresponding FY23 Total Income came to ₹36,361 cr, a growth of 37.7% YoY.
Slide 18: Q4FY23 Total Income Highlights - Standalone
Q4FY23 Total Income Highlights - Standalone 87% 10% 2% 1% Watches & Emerging Segment(1,5) Jewellery(3) EyeCare Total(2,3) Wearables Businesses(4) Total Income 7,576 871 165 77 8,753 YoY Growth% 23.5% 40.0% 22.8% 83.9% 25.5% 7,576 8,753 871 165 6,132 77 6,977 134 622 42 Q4FY22 Q4FY23 Q4FY22 Q4FY23 Q4
Slide 19: Q4FY23 EBIT Highlights - Standalone
Q4FY23 EBIT Highlights - Standalone 11.0% 12.0% 12.7% 13.2% 1,053 997 780 770 2.6% 11.3% 98 (2.2)% 1.2% (34.8)% (42.9)% 16 2 (3) (15) (33) Q4FY22 Q4FY23 Q4FY22 Q4FY23 Q4FY22 Q4FY23 Q4FY22 Q4FY23 Q4FY22 Q4FY23 Note: Jewellery Watches & Wearables EyeCare Emerging Businesses Total 1. Figures in ₹ Crore
Slide 20: Q4FY23 Total Income Highlights - Consolidated
Q4FY23 Total Income Highlights - Consolidated 86% 9% 2% 3% Watches & Segment(1,5) Jewellery(3) EyeCare Other Businesses(4) Total(2,3) Wearables Total Income 8,065 883 165 251 9,419 YoY Growth% 24.7% 41.3% 22.8% 9.6% 25.6% 9,419 883 251 8,065 165 7,497 229 6,468 625 134 Q4FY22 Q4FY23 Q4FY22 Q4FY23 Q4
Slide 21: Q4FY23 EBIT Highlights - Consolidated
Q4FY23 EBIT Highlights - Consolidated 10.2% 11.5% 12.1% 12.4% 1,084 1,004 780 768 (1.4)% 12.0% 106 (2.2)% 1.2% 2.8% (5.6)% 2 6 (9) (3) (14) Q4FY22 Q4FY23 Q4FY22 Q4FY23 Q4FY22 Q4FY23 Q4FY22 Q4FY23 Q4FY22 Q4FY23 Jewellery Watches & Wearables EyeCare Other Businesses Total Note: 1. Figures in ₹ Crores,
Slide 22: Business Highlights
Business Highlights Standalone Jewellery Watches & Wearables EyeCare Emerging Businesses Key Subsidiaries CaratLane TEAL 21
Slide 23: Q4FY23 Jewellery Highlights
Q4FY23 Jewellery Highlights • Total Income increased by 23.5% YoY over a partially disrupted base quarter of Q4FY22. Domestic operations recorded a 21% YoY growth ₹7,576 cr 23.5% • Buyers growth at ~15% YoY (both new and repeat) was a key catalyst; Average Total Income YoY Growth ticket sizes too sa
Slide 24: Glimpses of Tanishq’s New Collections and Campaigns
Glimpses of Tanishq’s New Collections and Campaigns Every Woman a Diamond The campaign films aimed at building a relatable imagery and celebrating micro moments of a woman’s life that are special enough to buy a diamond. The campaign tries to break the barrier on diamond purchase, of it being a dead
Slide 25: Glimpses of Tanishq’s Superwoman Campaign
Glimpses of Tanishq’s Superwoman Campaign Superwoman Today, women across the board are striving to strike the effortless balance between the multiple roles they play in life and are under the constant unsaid expectation to be thriving at it. But here’s a reminder to all the "superwomen" to pause and
Slide 26: Glimpses of Tanishq’s New Collections and Campaigns
Glimpses of Tanishq’s New Collections and Campaigns Rivaah - Establishing a deeper connect with the spirited & confident new age bride who defines trends Video hyperlinks embedded for the ‘Rivaah’ and ‘Ugadi ‘ campaign 25
Slide 27: Glimpses of Zoya’s Samave Collection
Glimpses of Zoya’s Samave Collection Video hyperlinks embedded for the above campaign 26
Slide 28: Zoya - Celebrating ‘Her’ through Meaningful Experiences
Zoya - Celebrating ‘Her’ through Meaningful Experiences Musical ode to the life of a Courtesan Experimental theatre experience to bring alive by Manjari Chaturvedi the journey of The Indus Video hyperlinks embedded for the above campaign 27
Slide 29: Glimpses of Mia’s Rare Pair Collection and Valentine’s Campaign
Glimpses of Mia’s Rare Pair Collection and Valentine’s Campaign Video hyperlinks embedded for the above campaigns 28
Slide 30: Mia was the Primary Sponsor for RCB Women’s Team
Mia was the Primary Sponsor for RCB Women’s Team Video hyperlinks embedded for select ‘RCB X Mia’ campaign 29
Slide 31: Q4FY23 Watches & Wearables Highlights
Q4FY23 Watches & Wearables Highlights • Revenue from domestic operations grew 41% YoY contributed handsomely by analog watches segment growing 32% YoY and 170% YoY growth in the Wearables sub- segment • Division whilst hitting the coveted ₹5,000 cr annual retail sales value (Uniform Consumer Price)
Slide 32: Glimpses of Titan’s New Collections and Campaigns
Glimpses of Titan’s New Collections and Campaigns Titan Slim Mechanical Hand-wound slim, skeletal watches with in-house movement and impeccable finishing Titan Edge High decibel Edge Ceramic Campaign to bolster premium journey Premium buyer growth at 55% compared to festive period Edge Squircle in A
Slide 33: Glimpses of Titan and Nebula’s New Collections and Campaigns
Glimpses of Titan and Nebula’s New Collections and Campaigns Titan Modern Pairs Nebula X Vaani Kapoor Clean modern designs in a variety of trending plating options and shapes Elle Magazine Nebula Art Deco Automatic Festive Ladies An automatic Watches watch powered by a Swiss movement, Gearing up for
Slide 34: Glimpses of Fastrack’s New Collections and Campaigns
Glimpses of Fastrack’s New Collections and Campaigns Urban Camo A modern take on camouflage, flora and topography for an uber-chic look, with day and date functionality, new domed and layered dials Tick Tock 2.0 A stunning range of multifunction watches in classic combinations, assorted plating hues
Slide 35: Glimpses of Sonata’s New Collections and Campaigns
Glimpses of Sonata’s New Collections and Campaigns Unveil 2.0 Skeletal Quartz collection with Fashion Focus and Deep Design Products Sonata X Style Icon Awards 2023 Event sponsorship activity to enhance the style association of Sonata on Social Media Platforms SF Hexa Fashion Essentials 34
Slide 36: Glimpses of International Brand New Collections and Campaigns
Glimpses of International Brand New Collections and Campaigns Anne Klein 12 new variants launched for dressy and bling, young and stylish, and contemporary #WomenWhoMeanBusiness ethnic style codes Engage and inspire women with rich & Tommy Hilfiger authentic stories of successful and 12 new variants
Slide 37: Glimpse of Titan Talk S
Glimpse of Titan Talk S Video hyperlink embedded for the above campaign 36
Slide 38: Glimpses of Fastrack Wearables Campaigns
Glimpses of Fastrack Wearables Campaigns 37 Video hyperlinks embedded for the above campaigns
Slide 39: Q4FY23 EyeCare Highlights
Q4FY23 EyeCare Highlights • Revenues grew by 22.8% YoY whilst achieving a landmark milestone of ₹1,000 cr in annual retail sales value (Uniform Consumer Price) for the first time • House brands grew ~22% YoY whereas International brands grew faster at ~29% YoY • Amongst categories, Revenues from Sun
Slide 40: Glimpses of Expert Who Cares and Sunglasses Campaign
Glimpses of Expert Who Cares and Sunglasses Campaign Expert Who Cares Establishing Value for Money ClearSight 7 in 1 Dash UV Protect Free Replacement Progressive at ₹1,799 Frames starting ₹699 Sunglasses Necessary not Accessory Mirrored Sunglasses Polarized Sunglasses Wraps for Riders Video hyperlin
Slide 41: Glimpses of EyeCare New Collections
Glimpses of EyeCare New Collections Fastrack Naturewear – Nature will love you back Fastrack Shades of Spring Sunglasses Global Trend | New Women’s Line | Colorful Acetate Video hyperlinks embedded for the ‘Titan Clink’ and ‘Fastrack Naturewear’ campaigns 40
Slide 42: Q4FY23 Emerging Businesses Highlights
Q4FY23 Emerging Businesses Highlights ₹77 cr 83.9% ₹(33) cr (42.9)% Total Income YoY Growth EBIT EBIT Margin • Emerging Businesses comprising of Fragrances and Fashion Accessories (F&FA), and Indian Dress Wear (Taneira) clocked a growth of 83.9% in Revenue YoY. Within this, F&FA clocked ~31% growth
Slide 43: Glimpses of Skinn’s New Collections and Campaigns
Glimpses of Skinn’s New Collections and Campaigns Launch of Noura from Skinn by Titan Valentine’s Day Campaign featuring Kareena Kapoor Video hyperlinks embedded for the above campaigns 42
Slide 44: Glimpses of Fastrack Bag’s Campaigns
Glimpses of Fastrack Bag’s Campaigns Spring Summer’23 Collection The collection embodies the free-spirited essence of youth with the hopeful spirit of summer. Maxi-minimalist designs that feature uncomplicated shapes with bold elements Video hyperlinks embedded for the above campaign 43
Slide 45: IRTH – Glimpses of Brand Outreach
IRTH – Glimpses of Brand Outreach IRTH Bags now present in 40 Shoppers Stop stores Advertisements in print media across Lifestyle and Business First Outdoor Publications, Plan at Mumbai and Digital Airport media 44
Slide 46: Glimpses of Taneira’s New Collections and Campaigns
Glimpses of Taneira’s New Collections and Campaigns Summer Sorbet Taneira’s ode to the beautiful season of new bloom and new beginnings Wedding Weaves – Taneira marked the Wedding Season by celebrating women who made Taneira a part of their wedding celebrations. Featuring heart-warming photos of bri
Slide 47: Glimpses of Taneira’s New Collections and Campaigns
Glimpses of Taneira’s New Collections and Campaigns Taneira celebrating Regional festivals Outdoor Campaigns 46
Slide 48: Glimpses of Taneira Events
Glimpses of Taneira Events Taneira Saree Run in Kolkata witnessed 4k women coming together to embrace their fitness and celebrate saree as a garment Taneira sponsored renowned authors’ sessions and engaged with the audience at the Times Delhi Lit fest with the objective to increase brand awareness 4
Slide 49: Key Subsidiaries Highlights: CaratLane
Key Subsidiaries Highlights: CaratLane 72.3% owned Subsidiary • Total Income grew by 58.5% YoY driven by gifting campaigns around Valentine’s day • Revenue from the key category of Studded grew at ~57% YoY. It continues to ₹580 cr 58.5% contribute ~75% of the total business Total Income YoY Growth •
Slide 50: Glimpses of CaratLane New Collections and Campaigns
Glimpses of CaratLane New Collections and Campaigns Blaze - A collection made for women who want to #KhulKeKaroExpress mark their special milestones and achievements, be it Valentines campaign touched upon the lack of expression amidst the abundance of love personal or professional Garnered over 60m
Slide 51: Key Subsidiaries Highlights: Titan Engineering & Automation Limited
Key Subsidiaries Highlights: Titan Engineering & Automation Limited Wholly owned Subsidiary • Total Income at ₹174 cr was lower by 6.7% YoY ₹174 cr (6.7)% ₹19 cr 11.1% Total Income YoY Growth EBIT EBIT Margin • The Automation Solutions (AS) division Revenues were lower by ~23% YoY due to slower orde
Slide 52: Retail Network
Retail Network Jewellery Presence Watches & Wearables Presence EyeCare Presence Taneira Presence Retail Network Trend Retail UCP Growth 51
Slide 53: Jewellery Presence
Jewellery Presence 423* 1.74mn 251 Stores Area sq. ft. Town Presence 34 103K 6 111 64K 43 Stores Area sq. ft. Town Presence 18 17K 5 7 24K 5 Stores Area sq. ft. Town Presence 1 4K 1 222 274K 88 Stores Area sq. ft. Town Presence 47 83K 21 Note: 1. Net Additions vis-à-vis previous quarter ended Decemb
Slide 54: ZOYA unveiled at The Taj Mahal Palace
ZOYA unveiled at the most iconic address of Luxury - The Taj Mahal Palace Curved walls to celebrate women’s journey Warm and inviting facade Private lounge with spectacular views of Handcrafted chandelier from sustainable pulp of the Arabian sea banana leaves 53
Slide 55: Tanishq’s International Presence
Tanishq’s International Presence Tanishq – New Jersey Tanishq Abu Dhabi Tanishq – Al Barsha 54
Slide 56: Watches & Wearables Presence
Watches & Wearables Presence Exclusive Brand Outlets Presence Multi Brand Outlets Presence 622 443K 306 Stores Area Sq. ft. Town Presence 21 3K 13 8,000+ 2,100+ Multi Brand MBR 198 145K 77 Retailers (MBR) Town Presence Stores Area Sq. ft. Town Presence 16 8K 3 700+ 177 Large Format LFS 185 87K 85 St
Slide 57: EyeCare Presence
EyeCare Presence 896* 554K 352 Stores Area Sq. ft. Town Presence 38 28K 2 5 5.8K 1 Stores Area Sq. ft. Town Presence - - - Note: 1. Net Additions vis-à-vis previous quarter ended December 31, 2022 2. *includes 1 store in Dubai, GCC 56
Slide 58: Taneira Presence
Taneira Presence 41 115K 22 Stores Area sq. ft. Town Presence 5 14K 5 Patna store Coimbatore store with working loom Ahmedabad store Note: Net Additions vis-à-vis previous quarter ended December 31, 2022 57
Slide 59: Retail Network Trend
Retail Network Trend Jewellery Network Watches & Wearables Network Tanishq Mia Zoya Caratlane Titan World Fastrack Helios 423 622 389 544 353 499 511 327 486 287 222 138 183 185 198 117 111 172 168 163 92 136 55 92 103 38 40 50 76 30 3 4 4 5 7 Mar'19 Mar'20 Mar'21 Mar'22 Mar'23 Mar'19 Mar'20 Mar'21
Slide 60: Q4FY23 Retail UCP Growth
Q4FY23 Retail UCP Growth Total Like to Like Q4 YoY Growth% Q4 YoY Growth% 25% 19% 57% 29% 18% 11% 11% 8% 45% 21% Watches 42% LFS 37% 22% 10% Note: 1. Retail UCP (Uniform Consumer Price) growth captures secondary sales in Titan branded retail stores (including franchisees) and Large Format Stores; Wh
Slide 61: FY23 Retail UCP Growth
FY23 Retail UCP Growth Total Like to Like FY23 YoY Growth% FY23 YoY Growth% 37% 32% 73% 61% 43% 37% 47% 46% 62% 39% Watches 62% LFS 74% 36% 23% Note: 1. Retail UCP (Uniform Consumer Price) growth captures secondary sales in Titan branded retail stores (including franchisees) and Large Format Stores;
Slide 62: 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) 61
Slide 63: Standalone P&L – Q4FY23 and FY23
Standalone P&L – Q4FY23 and FY23 Profit and Loss statement Q4FY22 Q4FY23 YoY% FY22 FY23 YoY% (in ₹ Crores) 6,749 8,553 26.7% Sale of products / services 25,831 35,624 37.9% 527 1,151 118% Other operating revenue 1,379 2,646 91.9% 76 104 37.1% Other Income 246 299 21.6% 7,352 9,808 33.4% Total Income
Slide 64: Consolidated P&L – Q4FY23 and FY23
Consolidated P&L – Q4FY23 and FY23 Profit and Loss statement Q3FY22 Q3FY23 YoY% YTD FY22 YTD FY23 YoY% (in ₹ Crores) 7,267 9,215 26.8% Sale of products / services 27,417 37,924 38.3% 529 1,145 116% Other operating revenue 1,382 2,651 91.8% 76 114 50.0% Other Income 234 308 31.6% 7,872 10,474 33.1% T
Slide 65: Total Income and EBIT – Q4FY23
Total Income and EBIT – Q4FY23 EBIT (in ₹ Crores) Q4FY22 Q4FY23 YoY% Jewellery 780 997 27.9% Watches & Wearables 16 98 516% Total Income EyeCare (3) 2 (166%) Q4FY22 Q4FY23 YoY% (in ₹ Crores) Emerging Businesses (15) (33) 127% Jewellery 6,132 7,576 23.5% Corporate (8) (11) 36.2% Watches and Wearables
Slide 66: Total Income and EBIT – FY23
Total Income and EBIT – FY23 EBIT (in ₹ Crores) FY22 FY23 YoY% Jewellery 3,040 4,363 43.5% Watches & Wearables 134 413 209% Total Income FY22 FY23 YoY% EyeCare 55 98 79.4% (in ₹ Crores) Emerging Businesses (35) (78) 124% Jewellery 23,268 31,897 37.1% Corporate (16) (91) 467% Watches and Wearables 2,
Slide 67: Capital Employed - Standalone
Capital Employed - Standalone Business Segment Segment Assets Segment Liabilities Capital Employed (in ₹ Crores) 31-Mar-22 31-Mar-23 31-Mar-22 31-Mar-23 31-Mar-22 31-Mar-23 Jewellery 14,038 16,446 9,040 10,070 4,998 6,376 Watches & Wearables 2,256 2,771 905 1,007 1,351 1,764 EyeCare 463 644 269 388
Slide 68: Capital Employed - Consolidated
Capital Employed - Consolidated Business Segment Segment Assets Segment Liabilities Capital Employed (in ₹ Crores) 31-Mar-22 31-Mar-23 31-Mar-22 31-Mar-23 31-Mar-22 31-Mar-23 Jewellery 15,302 18,516 9,949 11,869 5,353 6,647 Watches & Wearables 2,276 2,808 915 1,018 1,361 1,790 EyeCare 463 644 268 38
Slide 69: Balance Sheet - Standalone
Balance Sheet - Standalone in ₹ Crores Mar-22 Mar-23 Change Fixed Assets 1,073 1,186 113 Right of use asset 877 1,058 181 Intangible Assets 46 44 (2) Investments 869 1,116 247 Other non-current assets 893 998 105 Non Current Assets 3,758 4,402 644 Inventories 12,787 14,952 2,165 Trade Receivables 49
Slide 70: Balance Sheet - Consolidated
Balance Sheet - Consolidated in ₹ Crores Mar-22 Mar-23 Change Fixed Assets 1,288 1,477 189 Right of use asset 973 1,285 312 Intangible Assets 245 257 12 Goodwill 123 123 0 Investments 279 351 72 Other non-current assets 832 1,123 291 Non Current Assets 3,740 4,616 876 Inventories 13,609 16,584 2,975
Slide 71: Quarterly Performance Trends: Consolidated
Quarterly Performance Trends: Consolidated Operating Income and YoY Growth% 198% 11,294 9,983 9,087 9,305 8,681 121% 7,279 7,469 7,301 7,421 6,528 75% 5,871 59% 4,567 4,889 5,151 4,451 35% 4,662 4,711 37% 27% 19% 4,162 19% 25% 8.5% 16% 11% 12% 13% 2.1% -3.6% 3,049 -0.6% -11% FY23: 38,367; 38% 1,378
Slide 72: Quarterly Performance Trends: Jewellery - Consolidated
Quarterly Performance Trends: Jewellery - Consolidated Total Income and YoY Growth% 204% 10,131 9,005 7,995 8,065 7,515 6,496 6,653 6,379 6,468 5,606 4,997 4,105 4,164 3,899 78% 3,643 3,645 3,650 3,592 71% 2,626 FY23: 33,706; 38% 37% 39% 29% 22% 1,222 25% 14% 0.1% 12% 16% FY22: 24,478; 36% 18% 13% 6
Slide 73: 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% 15% 47% 14% 24% 10% 9% 20% 45% 8% 6% 15% 6% 4% 6% 10% 3% 1% 8% 7% 2% -3% 4% -5% -4% -7% -14% -14% -20% -7% -31% -81% Q1'19 Q2
Slide 74: Quarterly Performance Trends: Watches & Wearables - Consolidated
Quarterly Performance Trends: Watches & Wearables - Consolidated Total Income and YoY Growth% 883 168% 830 811 716 720 689 710 679 786 641 627 625 596 531 558 551 559 72% 401 41% 20% 29% 21% 15% 17% 18% 293 12% 14% 7.9% 6.1% 5.1% 0.2% -2.2% FY23: 3,310; 43% -12% FY20: 2,622; 7.1% -44% FY19: 2,447; 1
Slide 75: Quarterly Performance Trends: Watches & Wearables
Quarterly Performance Trends: Watches & Wearables Watches & Wearables Volume Growth YoY% 109% 67% 31% 21% 21% 16% 13% 10% 1% 3% 0% -1% -1% -5% -4% -10% -26% -48% 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 Q3'23 Q4'23 Note: Volume Growt
Slide 76: Quarterly Performance Trends: EyeCare - Consolidated
Quarterly Performance Trends: EyeCare - Consolidated Total Income and YoY Growth% 183 174 173% 167 165 154 160 156 149 132 129 128 133 127 134 120 124 108 94 70% 67 40% FY23: 689; 33% 13% 28% 26% 23% 16% 19% 18% 18% 11% FY20: 544; 6.9% 30 FY22: 517; 38% 4.9% FY19: 509; 23% 2.9% -16% -7.0% 5.1% FY21:
Slide 77: Annual Consolidated Performance Trends
Annual Consolidated Performance Trends Total Income & YoY Growth% PBT & PBT% PAT & PAT% 3,274 38,675 4,447 8.5% 37% 38% 7.9% 11.5% 10.6% 7.0% 7.0% 9.8% 9.9% 2,198 27,988 2,958 23% 19,961 21,204 20,474 4.8% 2,102 1,389 1,493 1,957 6.5% 1,327 974 6% -3% FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY2
Slide 78: Annual Consolidated Performance Trends
Annual Consolidated Performance Trends Jewellery: Watches & Wearables: EyeCare: Total Income & YoY Growth% Total Income & YoY Growth% Total Income & YoY Growth% 8% CAGR 3,310 8% CAGR 689 20% CAGR 33,706 2,622 46% 43% 544 38% 2,447 509 33% 2,317 24,478 23% 36% 38% 375 517 15% 17,319 17,963 7% 1,587 1
Slide 79: Dividend
Dividend Dividend (₹ Crores) Dividend Payout % 666 40% 32% 30% 444 31% 28% 29% 26% 25% 25% 355 333 23% 355 231 204 195 186 186 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 Note: Dividend payout ratios exclude Dividend Distribution Tax 78
Slide 80: Market Capitalization & Shareholding Pattern
Market Capitalization & Shareholding Pattern Market Capitalization (₹ Crores) Shareholding Pattern as on March 31, 2023 22% CAGR 2,25,156 2,23,287 Retail 19% 1,38,322 Insurance Cos. & Banks 4% Promoters 1,01,372 Mutual Funds 53% 6% 82,893 Foreign Institutional Investors 18% FY19 FY20 FY21 FY22 FY23
Slide 81: Awards, ESG
Awards, ESG Awards & Recognition Sustainability @ Titan 80
Slide 82: Awards & Recognition FY23
Awards & Recognition FY23 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 Guinness World Record Product and Smart B
Slide 83: Sustainability @ Titan
Sustainability @ Titan Titan Kanya Titan LeAP Program Project Tarasha Design Impact Movement Watershed and Integrated Happy Eyes Titan Footprint: Volunteering Initiatives Village Development Program 82
Slide 84: Sustainability @ Titan
Sustainability @ Titan • Newly designed education projects were implemented across new geographies of Tamil Nadu, Karnataka and Uttarakhand. They covered additional components of life skills, teacher capacity building, science Girl Child/ education, scholarships and adolescent education apart from a
Slide 85: Sustainability @ Titan
Sustainability @ Titan • Design Impact initiative has two large programs - Awards and Movement: Design Impact • The year saw completion of all grants under the Design Impact Awards Programs • The Design Impact Movement - a platform for design thinking for social impact has grown to have over 70,000
Slide 86: Sustainability @ Titan
Sustainability @ Titan • Watches and Wearables - Organic sludge from STP (Sewage Treatment Plant) is converted as manure/ and distributed to for local agricultural purposes at Hosur. 50 Tons of manure was distributed in the quarter • EyeCare - Towards Zero Waste, and minimizing incineration waste va
Slide 87: Thank You
Thank You For any queries, please email to investor-relations@titan.co.in 86