Titan releases investor presentation; reigns strong as market leader with 50 per cent market share by value

Titan Company Ltd, a lifestyle company engaged in the production of accessories such as jewellery, watches & eyewear, released its investor presentation for its watches and wearables segment on Thursday.  

According to the information provided in its presentation, the company commands 50 per cent of the market share by value in the market size of Rs 8,000 crore. Currently, it has five manufacturing and assembling plants with 14 brands in its basket.  

With design and development as its core strength, the company has several red dot design award-winning products. It also has multiple channels for distribution such as multi-brand outlets (MBO), exclusive brand outlets (EBO), large format stores (LFS), and e-commerce sites. With respect to company growth, its CAGR for 13 years stood at 5.03 per cent by volume and 9.86 per cent by value.  

The company caters to the needs of men, women, and children in luxury, premium, mid-premium, and mass segments through traditional & modern brands such as Nebula, FL, Titan, Tommy Hilfiger, and Sonata. It has diverse value propositions such as women's safety, fitness, outdoor sports, payments, and gesture control. With a strong emphasis on the new product development capability and a focus on innovation, the company manages to launch over 900 new products every year. The company is also focussing on increasing its capacity and capabilities, keeping in mind, the Government of India’s ‘Make in India’ initiative. Recently, it also collaborated with Yono SBI to manufacture India’s first contactless payment-enabled watch namely, ‘Titan Pay’, and has been recognised as a payment option by merchants.           

At 12.22 pm, the share price of Titan Company Ltd stood at Rs 1,489.40, which was an increase of 1.14 per cent over its previous close of Rs 1,472.55.