Titan Q4 FY25 Results: Revenue Soars 24%, Dividend at ₹11

Titan's Stellar Q4 FY25 Performance

Titan Company Limited, a prominent name in India's lifestyle products market, announced strong financial results for the fourth quarter and the full fiscal year ending March 31, 2025. The company demonstrated robust growth across its key business segments, reinforcing its market leadership. For the quarter, Titan reported a significant 23.8% year-on-year (YoY) increase in its total income, a performance that has captured the attention of investors and market analysts. Alongside this impressive growth, the company's board recommended a final dividend, signaling confidence in its financial health and future prospects.

Financial Highlights for Q4 FY25

The company's standalone financials for the fourth quarter reveal a healthy upward trend. Total income for Q4 FY25 stood at ₹12,730 crore, a substantial rise from ₹10,280 crore in the same period of the previous year. Operating revenue also saw a significant jump to ₹12,613 crore. This growth was reflected in the company's profitability metrics, with Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) climbing to ₹1,555 crore. Profit After Tax (PAT) for the quarter was reported at ₹870 crore.

Here is a summary of Titan's standalone financial performance for the quarter:

Jewellery Division Continues to Sparkle

The jewellery division remained the cornerstone of Titan's business, delivering a remarkable 25% YoY increase in revenue, which amounted to ₹11,232 crore for the quarter. The domestic market was a key contributor, growing by 23% to reach ₹10,845 crore. This growth was primarily fueled by a strong 30% rise in sales of gold jewellery and coins. Studded jewellery also posted a healthy 12% growth. Further strengthening its retail presence, Titan opened 4 new Tanishq stores and 12 new Mia stores across India during the quarter. CaratLane, a subsidiary, also performed exceptionally well, with its total income growing by 23% YoY to ₹883 crore.

Strong Momentum in Watches & Wearables

The Watches & Wearables segment demonstrated solid performance with an 18% YoY growth, achieving a revenue of ₹1,087 crore from its domestic operations. The growth was largely driven by an 18% increase in the sales of analog watches, indicating sustained demand for classic timepieces. The division's operational efficiency was evident in its EBIT of ₹133 crore, translating to a healthy margin of 11.8% for Q4 FY25. The company continued its retail expansion in this segment by adding 20 new Titan World stores, 10 Helios stores, and 11 Fastrack stores.

EyeCare Segment Shows Clear Growth

Titan's EyeCare division also reported positive results, with domestic revenue increasing by approximately 15% YoY to ₹189 crore. This growth was supported by strong double-digit volume growth across its product range. Sunglasses were a standout category, with sales surging by an impressive 52% YoY. Prescription products, including both lenses and frames, also contributed with low double-digit growth, showcasing the segment's balanced performance.

Performance of Emerging Businesses

The company's other emerging businesses presented a mixed but generally positive picture. The Women's Bags category grew by approximately 10% YoY. The Fragrances division saw robust growth of around 26% YoY, indicating strong consumer acceptance. However, Taneira, the ethnic wear brand, experienced a slight sales decrease of about 4% YoY during the quarter.

A Landmark Year for Titan

Reflecting on the full fiscal year, Managing Director Mr. C K Venkataraman highlighted FY25 as a strong period for the company. Titan achieved a consolidated revenue growth of 22%, surpassing the significant milestone of ₹50,000 crore in total income. He noted the excellent performance of the Analog Watch and EyeCare businesses and the strong growth in the Fragrances category, particularly the SKINN brand. The company's international expansion in North America and the GCC region is also progressing well, with further growth anticipated in FY26.

Dividend Announcement for Shareholders

In a move that will please shareholders, the Titan Company board has declared a final dividend of ₹11 per equity share for the financial year 2024-25. This decision underscores the company's strong financial position and its commitment to sharing its success with its investors.

Market Position

As a large-cap company listed on the BSE, Titan continues to be a key player in the consumer durables space. As of May 9th, 2025, the Titan share price stood at ₹3,509.90, reflecting the market's confidence in the company's consistent performance and growth strategy.

Concluding Thoughts

Titan Company's Q4 FY25 results paint a picture of a resilient and growing enterprise. With strong double-digit growth across its core segments, strategic retail expansion, and a positive outlook for the upcoming fiscal year, the company is well-positioned to continue its trajectory of success and value creation for its stakeholders.