Where will Titan be by FY27? A deep dive into the future

Titan Company’s Vision for FY27: A Strategic Growth Trajectory

Titan Company Ltd., a prominent player in India's consumer goods sector, is setting its sights on significant growth by FY27. With a diversified portfolio spanning jewellery, watches, wearables, eyewear, and emerging businesses, Titan aims to enhance its market presence and achieve substantial revenue milestones.

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Jewellery Business: Expanding Market Share and Revenue

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  Market Share Target: Titan aims to increase its jewellery market share from the current 8.6% to 10-11% by FY27.

• Revenue Growth: The company projects a 15-20% compound annual growth rate (CAGR) in the jewellery segment over the next three years. 

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• Customer Base Expansion: Titan plans to grow its jewellery customer base from 3.8 million to 6 million by FY27.

• Store Expansion: The company intends to increase its jewellery store count from 900 to over 1,250 locations nationwide

Watches & Wearables: Embracing Innovation and Market Leadership

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  Market Position: Titan continues to lead the Indian watch and wearables market, focusing on premium and economy segments.+

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• Wearables Growth: The company targets a threefold increase in wearables volume by FY27. 

• Revenue Outlook: Titan anticipates a 12% EBIT margin in the wearables segment by FY27. 

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Eyewear: Scaling Up and Enhancing Profitability

• Revenue Target: Titan aims to achieve ₹2,000 crore in revenue from its eyewear division by FY27. 

• Profitability Goal: The company is targeting a 12% EBIT margin in the eyewear segment by FY27.

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Emerging Businesses: Diversifying and Capturing New Markets

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  Fragrances & Fashion Accessories: Titan plans to grow its fragrances and fashion accessories business to ₹1,000 crore in revenue by FY27. 

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• Taneira (Ethnic Wear): The company aims to make Taneira a ₹1,000 crore brand by FY27, with plans to operate 180-200 stores nationwide.

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  International Expansion: Titan targets $500 million in international sales and 500,000 customers by FY27.

Strategic Initiatives and Market Positioning

• Customer Segmentation: Titan is focusing on three key customer segments: luxury/premium, women, and Gen-Z, to tailor its offerings and marketing strategies. 

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• Margin Management: The company aims to maintain EBIT margins in the range of 11.5-12.5% across its businesses, despite challenges from rising gold prices and competition.

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  Innovation and Brand Building: Titan continues to invest in innovation and brand-building activities to strengthen its market position and drive consumer loyalty.

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Frequently Asked Questions (FAQ)

Q1: What are Titan's revenue growth projections for FY27?
Titan aims for a 15-20% CAGR in its jewellery business and targets ₹1,000 crore in revenue from its emerging businesses by FY27

Q2: How does Titan plan to expand its jewellery market share?
The company plans to increase its jewellery market share from 8.6% to 10-11% by FY27 through store expansion and customer base growth.

Q3: What are Titan's targets for its eyewear division?
Titan aims to achieve ₹2,000 crore in revenue and a 12% EBIT margin in its eyewear division by FY27. 

Q4: What is Titan's strategy for emerging businesses?
Titan plans to grow its fragrances, fashion accessories, and Taneira brands to ₹1,000 crore in revenue by FY27, with significant expansion in store count and international sales.

Q5: How does Titan plan to maintain profitability amid challenges?
Titan aims to manage margins by focusing on premium product offerings, operational efficiencies, and strategic pricing, despite challenges from rising gold prices and competition.



Published on : May 17, 2025
uploaded  by : PAVAN