3 weeks ago

Titan shares hit record high on strong Q1 earnings expectations

Titan shares hit record high on strong Q1 earnings expectations
Titan Company Q1 earnings: Stock hits record high for second day, here are key expectations · businesstoday.in

Titan is a big Indian company that makes and sells jewellery, watches, and eyeglasses.

Many people in India love buying gold jewellery, especially for weddings and festivals.

Titan's share price recently went up to its highest level ever for two days in a row.

The company is getting ready to tell everyone how much money it made in the first few months of the year.

Experts called analysts try to guess these numbers before they are announced.

They think Titan made a lot more money than last year because gold prices went up.

Many people also exchanged their old gold for new jewellery, which helped sales.

Since gold is more expensive, the money Titan earns from selling it is higher too.

The experts have slightly different guesses, but they all think the company did very well.

When the real numbers come out, we will know the exact answer.

Key facts

Stock movement
Record high for second consecutive day
Q1 period
June 2026 quarter (Q1 FY27)
Revenue growth forecast
~30% YoY (Bloomberg) to 35.4% YoY (Elara); Kotak sees 21.8% rise
Net profit forecast
Rs 1,189.3 crore (Kotak) to Rs 1,390 crore (Elara); Antique Broking sees Rs 1,330.7 crore
Jewellery business growth
~38-39% YoY expected (Elara, Kotak)
Gold price increase
55%+ YoY (Kotak estimate)
Antique Broking price target
Rs 5,034 (top pick)
Other divisions
Watches ~12% YoY and eyewear ~13% YoY growth (Kotak)

Quotes

Antique Broking

Analyst team at Antique Broking

“"In our view, consumer discretionary demand has been resilient through 1Q, despite the West Asia war, which was expected to dampen sentiments. We are positive on jewellery, selective in apparel, and conservative in QSR. Jewellery companies are expected to deliver strong growth on account of a strong festive calendar and the summer wedding season."”
businesstoday.in

Sources

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