Titan Company

A+Hold

TITAN · NSE · Mega Cap · Modern Trade — Specialty

Modern Trade — Specialty

Fetching live…

₹3,680

1D 0.1%1M 0.5%1Y -2%

Fundamental (RQ-100)

Technical (TQ-100)

Valuation

Market cap

₹3.20L Cr

Live decision ratingB+Sell / Avoid

Fundamental score breakdown

69/100

Growth Quality

17.0 / 20

Rev 1Y 22.0%, 3Y CAGR 24.0%, 5Y CAGR 18.0%

Margin & Profitability

6.3 / 15

EBITDA 11.0%, PAT 6.5%

Return on Capital

20.0 / 20

ROCE 28.0%, ROE 32.0%

Cash Flow Quality

7.0 / 15

OCF/EBITDA 0.60

Leverage

6.0 / 10

ND/EBITDA 1.50

Reinvestment

5.0 / 8

Capex/Sales 2.0%

Accounting

4.0 / 7

Governance

4.0 / 5

Technical score breakdown

40/100

Trend Structure

8.0 / 20

↓ 200 · ↓ 50 · ↓ 20

Momentum

5.0 / 15

1Y -2.0%, 1M 0.5%

Volume Dynamics

8.0 / 15

Vol30 —%

Relative Strength

4.0 / 15

1Y -2.0%

MA Cluster

5.0 / 10

Extension

5.0 / 10

—% from 50DMA

Volatility

4.0 / 8

Price Action

1.0 / 7

-100.0% from 52W H

Business

What this company actually does

Tata group jewellery (Tanishq, Mia, CaratLane), watches, eyewear.

Stores

3,200

Dark stores

—

Cities

360

Listed status

Listed

Format exposure

How direct is this play?

Primary formatModern Trade — Specialty

Exposure typePure-play

Revenue visibilityMedium

Operating leverage stageScaling

Policy beneficiaryNone

Data confidenceMedium

Financial snapshot

Live · green dot = live, falls back to curated

Revenue

₹51.0K Cr

Rev 1Y growth

22%

Rev 3Y CAGR

24%

EBITDA margin

11.0%

PAT margin

6.5%

ROE

32%

ROCE

28%

OCF/EBITDA

0.60

Net Debt/EBITDA

1.5

Financial statements

Multi-year P&L, balance sheet, cash flow — scraped live from Screener.in

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Valuation

Live multiples + retail-specific (curated)

P/E

Forward P/E

EV/EBITDA

EV/Sales

6.5

P/B

32.0

FCF Yield

1.0%

Aggressive multiple. Needs flawless execution to justify.

Retail KPIs

The unit-economics that define the format

SSSG

16.0%

Inventory days

165

Investment thesis

AI-generated · always cite sources before acting

Bull

Best-in-class 28% ROCE with 0.60 OCF conversion. Compounding revenue at 24% CAGR. Pure-play exposure to Modern Trade — Specialty. Long-runway TAM with structural tailwinds.

Base

Earnings growth of ~26% over the next 3 years assuming margins hold. Multiple compression risk if growth slows; multiple expansion possible if Modern Trade — Specialty GMV outperforms.

Bear

Premium multiple has no margin for error. Format-level risk: regulation, gig-cess, or competitive pressure compress contribution margin.

Variant perception

Consensus views Titan Company as a quality compounder. Our differentiated take: the cyclical pessimism in Modern Trade — Specialty has overshot the long-term cash-flow potential.

Key monitorables