Titan Q4 FY26 Results: PAT Rs 1179 Crore Up 35 Percent Revenue Crosses Rs 20300 Crore

May 8, 2026
Posted by: sachet
Category: Market

Titan Q4 FY26 results were announced by the Titan Company Limited board of directors on 8 May 2026, with India’s largest lifestyle retailer reporting a consolidated profit after tax of Rs 1,179 crore for the quarter ended March 31, 2026. The Titan Q4 FY26 PAT represents a 35 percent year-on-year increase from Rs 871 crore in Q4 FY25, driven by a landmark performance in the Jewellery segment and broad-based growth across all business verticals. Titan crossed the Rs 75,000 crore annual revenue milestone for the first time in FY26, with total income rising 33 percent to Rs 76,078 crore for the full year.

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The Titan Q4 FY26 board meeting, held on 8 May 2026, also recommended a dividend of Rs 15.00 per equity share of Re 1 each for FY26, subject to shareholder approval at the 42nd Annual General Meeting. This marks Titan’s most profitable year in its history, having added Rs 25,000 crore in annual revenue in just one year after taking nearly 40 years to cross the Rs 50,000 crore milestone in FY25.

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Titan Q4 FY26 Key Financial Highlights

Parameter	Q4 FY26	Q4 FY25 / FY26 Full Year
Net Profit PAT	Rs 1,179 Cr	Rs 871 Cr (Q4 FY25)
PAT Growth YoY	+35%	FY26 Full Year PAT: Rs 5,073 Cr
Total Income Q4	Rs 20,300 Cr	Rs 13,891 Cr (Q4 FY25) +46%
EBITDA Q4	Rs 1,875 Cr (+28%)	EBITDA Margin: 9.2%
Jewellery Revenue Q4	Rs 18,195 Cr (+50%)	Excl. Bullion and Digi-Gold
FY26 Total Income	Rs 76,078 Cr	+33% YoY vs FY25
FY26 PAT Growth	+52% YoY	Rs 5,073 Cr full year
Dividend	Rs 15 per share	Subject to AGM approval

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Titan Q4 FY26 PAT and Revenue Analysis

Titan Q4 FY26 consolidated total income of Rs 20,300 crore grew 46 percent year-on-year from Rs 13,891 crore in Q4 FY25, making this Titan’s strongest-ever quarterly revenue performance. The Jewellery division remained the primary growth engine, recording 50 percent growth to reach Rs 18,195 crore in Q4 FY26, excluding Bullion and Digi-Gold sales. The India Jewellery business income rose 46 percent to Rs 17,114 crore, with the Tanishq, Mia and Zoya combined growing 48 percent to Rs 16,047 crore and CaratLane recording 22 percent growth to Rs 1,066 crore.

Despite record-high gold prices and market volatility, consumer confidence in jewellery spending remained solid during Q4 FY26. Key drivers included the Festival of Diamonds campaign and robust exchange programmes, which powered 35 percent growth in both gold and studded portfolios within India. EBITDA grew 28 percent to Rs 1,875 crore, though EBITDA margin contracted 135 basis points to 9.2 percent from 10.6 percent a year earlier, reflecting the impact of international jewellery segment losses from the newly acquired Damas Jewellery.

Titan Q4 FY26 Business Segment Performance

Jewellery Segment

The Jewellery segment achieved an EBIT of Rs 1,820 crore at a margin of 10.0 percent for Q4 FY26. The India business clocked an EBIT of Rs 1,902 crore at 11.1 percent margin. The International Jewellery business, including Damas Jewellery acquired during FY26, recorded a loss of Rs 82 crore for the quarter as integration costs weighed on international profitability.

Watches, EyeCare and Emerging Businesses

The Watches and Wearables division maintained an EBIT margin of 11.7 percent for Q4 FY26, reflecting the premiumisation trend in the segment. EyeCare revenue grew 17 percent to Rs 227 crore for the quarter, driven by international brand additions. Titan’s Emerging Businesses, including SKINN fragrances, Taneira dress wear, and IRTH bags, saw combined income growth of 20 percent to Rs 123 crore for the quarter, though the collective segment recorded a loss of Rs 50 crore for the period.

Titan FY26 Full Year Performance

For the full financial year FY26, Titan reported consolidated total income of Rs 76,078 crore, up 33 percent from FY25. Consolidated PAT for the full year rose 52 percent to Rs 5,073 crore. On a standalone basis, total income for FY26 stood at Rs 78,089 crore against Rs 55,335 crore in FY25, and standalone profit for the year was Rs 4,630 crore compared to Rs 3,335 crore in FY25. Consolidated total assets as at March 31, 2026 stood at Rs 60,561 crore.

Titan Q4 FY26 Dividend and Damas Acquisition

The Titan Q4 FY26 board recommended a dividend of Rs 15.00 per equity share. Titan also completed its 67 percent acquisition of Damas Jewellery for a total consideration of Rs 2,858 crore during FY26, expanding its international jewellery footprint. Managing Director Ajoy Chawla described FY26 as a landmark year but noted the company enters FY27 with caution due to macro volatility and fragile geopolitical situations.

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Frequently Asked Questions on Titan Q4 FY26 Results

What is Titan Q4 FY26 net profit?

Ans. Titan Q4 FY26 consolidated net profit is Rs 1,179 crore, up 35 percent year-on-year from Rs 871 crore in Q4 FY25. The full-year FY26 consolidated PAT is Rs 5,073 crore, up 52 percent.

What is Titan Q4 FY26 revenue?

Ans. Titan Q4 FY26 consolidated total income is Rs 20,300 crore, up 46 percent year-on-year. For the full year FY26, total income crossed Rs 76,078 crore, marking the first time Titan has crossed the Rs 75,000 crore revenue milestone.

What dividend did Titan announce with Q4 FY26 results?

Ans. The Titan Q4 FY26 board recommended a dividend of Rs 15.00 per equity share of Re 1 each for the financial year ended March 31, 2026, subject to shareholder approval at the 42nd AGM.

How did the Jewellery segment perform in Titan Q4 FY26?

Ans. Titan Jewellery segment revenue rose 50 percent to Rs 18,195 crore in Q4 FY26 excluding Bullion and Digi-Gold. India Jewellery grew 46 percent to Rs 17,114 crore. EBIT margin for the segment was 10.0 percent for the quarter.

What is Titan FY26 full year PAT?

Ans. Titan FY26 consolidated full-year PAT is Rs 5,073 crore, up 52 percent year-on-year. Standalone full-year profit for FY26 was Rs 4,630 crore compared to Rs 3,335 crore in FY25.

What is the FY27 outlook for Titan after Q4 FY26 results?

Ans. Following Titan Q4 FY26 results, the company enters FY27 with a strong brand portfolio but cautious management commentary due to macro volatility and geopolitical uncertainty. Key growth levers include the international expansion via Damas Jewellery and continued premiumisation across Watch and EyeCare segments.

Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice. All financial data is sourced from BSE/NSE exchange filings and verified media reports. Investments in securities are subject to market risk. Consult a SEBI-registered investment advisor before making any investment decision.