INDIA MARKET LENS
◆ MixedQuarterly Results

Titan reports 25% revenue growth in Q2FY27, jewellery sales up 21%

Titan Company flagged a risk in a quarterly results development for Q2FY27.

7 Oct 2026 · BS Companies

Titan Co Ltd, the country's leading branded jewellery and watchmaker, reported a 25 per cent year-on-year growth in its revenue for the September quarter of FY27, driven by performances across its jewellery, watches and eyewear segments.

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Period
Q2FY27 and FY27

Titan Company reported Rs 75,000 crore for Q2FY27, with movement of 25%, 21% and 40% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -4.1% on the day at ₹4,363.50, and has returned -5.0% over three months. It sits 16% below its 52-week high. The consumer & retail sector has moved -3.2% over the same period, so Titan Company is running 1.8 points behind its peers.

For Titan Company, the question is how much of this is already reflected in the price and how much re-rates the consumer & retail peer set alongside it.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • The company directly in focus is TITAN.
  • Sector exposure: Consumer & Retail, Consumer Durables.
TITANConsumer & RetailConsumer Durables