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Titan

Titan is expanding, with Q2 FY27 consumer business growth of 25% and a retail network of 3,758 stores after 78 net additions (Mint, 13 Oct).

What it means

Titan's revenue growth is the hard number; whether its making charges and the studded mix kept up is the open question.

Reported: Revenue +22% in Q2 FY27; no profit figure for the period yet. CNBC-TV18,

Watch: Q2 FY27 results, expected early Nov — EBITDA margin below Q1's 13.5%.

Affected
  • Kalyan Jewellers and Senco Gold — a pace to matchDo now: benchmark your growth against this pace; re-check Titan's profit at its full results.
  • High-street landlords behind its new showrooms in the same quarter — a growing tenantDo now: talk new sites with it while it grows.
Titan Q1 revenue rose from Q1 FY26 to Q1 FY27

Both figures from 7 Aug 2026 reports.

₹14,814 crore
₹20,787 crore

up 40.32% YoY

Latest moves

Our read of each move first, where we have one; what the report said is marked Reported.

All 516 stories on TitanIndia store openings tracker →

Background

From 8 stories, the newest dated 13 Oct 2026. Summary written 13 Oct 2026. Newer developments are under Latest moves.

Titan is a consumer products company whose businesses include jewellery, watches and eyecare.

Show 3 more paragraphs and 8 sources

Its brands include Tanishq, CaratLane, Mia, Zoya, Taneira and the lab-grown diamond jewellery brand beYon.[1] source: Mint[2] source: Titan Company[3] source: CNBC-TV18[4] source: Moneycontrol Its retail network stood at 3,758 stores as of September.[1] source: Mint

Titan reported 25% year-on-year revenue growth for Q2 FY27, down from three quarters of 40%+ growth.[5] source: Mint Domestic business grew 22% and international business 97%, while the watch business grew 30% and Titan Eye Care 28%.[4] source: Moneycontrol Jewellery growth was 21% and Titan added a net 78 stores in Q2FY27.[1] source: Mint CNBC-TV18 reported that the quarter's growth was held back as the festive calendar shifted into October and gold coin sales fell.[3] source: CNBC-TV18 Titan's shares fell nearly 4 percent after the update.[4] source: Moneycontrol In October 2026, beYon had around 12 stores about 10 months after launch, and Titan is expanding it cautiously in Mumbai, Delhi and Bengaluru.[1] source: Mint Tanishq launched its Adhyantara festive collection in October 2026 and showed its Rahul Mishra Signature Couture Edit at an invite-only Mumbai showcase.[6] source: MediaBrief[7] source: MediaBrief

Ajoy Chawla is Managing Director of Titan.[3] source: CNBC-TV18 For the September 2026 quarter, Kalyan Jewellers, Senco Gold and P N Gadgil Jewellers reported same-store-sales growth of 20%, 19% and 25.5%, against Titan's 21% domestic jewellery growth.[8] source: Financial Express

Sources

  1. Titan expects over 20% core jewellery growth this festive season after 22% domestic revenue rise in July-SeptemberCNBC-TV18
  2. Tanishq launches cosmos-inspired Adhyantara festive collection with Triptii Dimri campaign filmMediaBrief

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Questions about Titan

What are Titan's expansion plans?

Titan's beYon lab-grown diamond jewellery brand had around 12 stores in October 2026 and is expanding cautiously in Mumbai, Delhi and Bengaluru.[1] source: Mint

How many Titan stores are there?

Titan's retail network was 3,758 as of September, after a net 78 stores were added in Q2FY27.[1] source: Mint

Who leads Titan?

Ajoy Chawla is Managing Director of Titan, and he gave the company's festive-season outlook in October 2026.[3] source: CNBC-TV18

How fast is Titan growing in India?

Titan reported 25% year-on-year revenue growth for Q2 FY27, down from three quarters of 40%+ growth. Its domestic business grew 22% and its international business 97% in the quarter.[5] source: Mint[4] source: Moneycontrol

What is Titan's current strategy in India?

In October 2026 Titan is testing coloured stones, cuts and silver, vermeil and gold designs at beYon rather than pitching on price.[1] source: Mint Tanishq launched its Adhyantara festive collection that month [6] source: MediaBrief and showed its Signature Couture Edit in Mumbai.[7] source: MediaBrief

Who are Titan's main competitors?

For the September 2026 quarter, Kalyan Jewellers, Senco Gold and P N Gadgil Jewellers reported same-store-sales growth of 20%, 19% and 25.5%, against Titan's 21% domestic jewellery growth. The three trade at 41% to 85% P/E discounts to Titan.[8] source: Financial Express

More stories about Titan

Stories that mention Titan

11 stories

Titan is named in these stories but is not their subject.