Titan Company Limited — Investor Meet, 11-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Titan Company reports a satisfying Q1 FY26 with strong performance across businesses. Jewellery maintained market share, noting better studded buyer growth, though Q2 might see some growth moderation due to a higher base. Watches achieved exceptional growth through premiumization and customization, also gaining share in a subdued smartwatch market. Eyewear is optimizing its store network for a stronger consumer experience. International business achieved positive operating profit, and TEAL shows bullish sales growth prospects. Q1 results included one-time benefits of INR 100 Cr (jewellery hedging, watches inventory revaluation) which are expected to reverse in Q2/Q3. Management remains confident in driving growth and innovation.