Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹72Cr
Rev Gr TTM
Revenue Growth TTM
-11.87%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

TITANIN
VS
| Quarter | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | 0.0 | 905.3 | 156.3 | 386.5 | 284.1 | -36.9 | -51.2 | -8.5 | -57.1 | 3.1 | 32.1 | 15.7 |
| 2 | 6 | 9 | 10 | 10 | 3 | 3 | 8 | 4 | 3 | 5 | 8 |
Operating Profit Operating ProfitCr |
| 33.9 | 22.6 | 19.9 | 22.4 | 25.1 | 27.8 | 35.8 | 31.1 | 22.7 | 32.2 | 33.2 | 40.0 |
Other Income Other IncomeCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 1 | 1 | 1 | 2 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 4 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
|
Growth YoY PAT Growth YoY% | 0.0 | 225.0 | 177.8 | 225.0 | 146.8 | -42.3 | -29.6 | 25.4 | -72.6 | 42.2 | 28.4 | 56.1 |
| 21.9 | 10.2 | 11.7 | 13.8 | 14.1 | 9.3 | 16.9 | 18.9 | 9.0 | 12.9 | 16.4 | 25.5 |
| 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| 6,055.1 | 1,767.4 | 7.1 | -69.5 | -68.8 | -88.5 | 0.8 | 641.4 | 177.9 | 199.1 | -38.7 | 13.3 |
| 3 | 60 | 65 | 19 | 6 | 1 | 0 | 4 | 12 | 34 | 19 | 20 |
Operating Profit Operating ProfitCr |
| 10.9 | 0.6 | 0.3 | 3.0 | 7.8 | 9.9 | 32.8 | 33.6 | 20.9 | 22.7 | 29.6 | 33.9 |
Other Income Other IncomeCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 3 | 3 | 4 |
| 0 | 0 | 0 | 0 | 0 | -1 | 0 | 1 | 2 | 7 | 5 | 7 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
|
| 155.9 | 1.7 | -99.2 | 612.3 | -61.4 | -27,869.6 | 21.6 | 315.6 | 78.7 | 221.3 | -29.4 | 41.0 |
| 2.7 | 0.1 | 0.0 | 0.0 | 0.0 | -81.8 | -63.6 | 18.5 | 11.9 | 12.8 | 14.7 | 18.3 |
| 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | -0.1 | -0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 5 | 12 | 31 | 33 |
| -1 | -1 | -1 | -1 | -1 | -2 | -2 | -1 | 5 | 22 | 46 | 79 |
Current Liabilities Current LiabilitiesCr | 6 | 9 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 3 | 1 | 3 |
Non Current Liabilities Non Current LiabilitiesCr | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 5 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 6 | 6 | 5 | 2 | 6 | 1 | 2 | 2 | 4 | 17 | 58 | 64 |
Non Current Assets Non Current AssetsCr | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 2 | 17 | 34 | 47 | 55 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 14 | -25 |
Investing Cash Flow Investing Cash FlowCr | -4 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | -16 | -21 | -15 |
Financing Cash Flow Financing Cash FlowCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 13 | 43 |
|
Free Cash Flow Free Cash FlowCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7 | -3 | -32 |
| 4,358.8 | 4.6 | 858.4 | -133.6 | -0.1 | 43.9 | 0.0 | 8.7 | 355.6 | 246.6 | -641.0 |
CFO To EBITDA CFO To EBITDA% | 1,093.9 | 1.2 | 2.9 | -1.2 | 0.0 | -363.2 | 0.1 | 4.8 | 202.3 | 139.0 | -318.7 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 13 | 16 | 3 | 3 | 2 | 1 | 1 | 2 | 24 | 117 | 38 |
Price To Earnings Price To Earnings | 143.9 | 175.3 | 0.0 | 650.0 | 689.0 | 0.0 | 0.0 | 2.3 | 13.8 | 20.8 | 9.5 |
Price To Sales Price To Sales | 3.9 | 0.3 | 0.1 | 0.2 | 0.3 | 1.1 | 1.0 | 0.4 | 1.6 | 2.7 | 1.4 |
Price To Book Price To Book | 11.9 | 13.4 | 2.9 | 2.8 | 1.4 | 1.3 | 5.1 | 2.0 | 2.5 | 3.5 | 0.5 |
| 44.6 | 46.2 | 14.6 | 5.4 | 3.5 | 17.6 | 4.8 | 1.5 | 7.8 | 11.9 | 5.0 |
Profitability Ratios Profitability Ratios |
| 15.2 | 0.8 | 0.7 | 4.2 | 9.9 | 35.2 | 57.1 | 41.9 | 31.4 | 38.4 | 44.0 |
| 10.9 | 0.6 | 0.3 | 3.0 | 7.8 | 9.9 | 32.8 | 33.6 | 20.9 | 22.7 | 29.6 |
| 2.7 | 0.1 | 0.0 | 0.0 | 0.0 | -81.8 | -63.6 | 18.5 | 11.9 | 12.8 | 14.7 |
| 3.2 | 9.7 | 0.1 | 0.7 | 0.3 | -48.8 | -62.3 | 81.5 | 21.1 | 18.5 | 6.1 |
| 8.2 | 7.7 | 0.1 | 0.5 | 0.2 | -97.8 | -329.0 | 87.6 | 18.1 | 16.8 | 5.2 |
| 0.9 | 0.9 | 0.0 | 0.1 | 0.0 | -13.4 | -11.5 | 24.0 | 8.7 | 11.0 | 3.8 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
Titan Intech Limited (TIL), established in 1984 and headquartered in Hyderabad, Telangana, is a vertically integrated Indian Electronics System Design and Manufacturing (ESDM) company. With a diversified portfolio spanning advanced display electronics, intelligent visualization systems, software development, and infrastructure solutions, Titan Intech is emerging as a key player in India’s push toward technological self-reliance under initiatives like *Make in India*, *Digital India*, and *Atmanirbhar Bharat*.
Operating under its flagship brand **TitanView**, the company specializes in **Interactive Flat Panel Displays (IFPDs)**, **LED/Mini-LED/Micro-LED displays**, **2D/3D visualization systems**, and **embedded software platforms**. It integrates hardware manufacturing, electronics design, software development, and system integration to deliver end-to-end B2B display ecosystems for education, enterprise, government, transportation, and smart city applications.
---
### **Strategic Expansion into High-Growth Display Electronics (Nov 2025)**
Titan Intech is aggressively expanding into high-value, high-margin segments of the global display electronics market:
- **Mini/Micro-LED backlight modules**
- **Advanced display controllers**
- **FPGA/SoC-based video processing engines**
- **Driver electronics and low-latency video systems**
The company leverages its **captive Electronics Manufacturing Services (EMS)** facility to ensure cost efficiency, value capture, supply chain control, and rapid scalability. This integration enables Titan Intech to participate in global supply chains for displays, infotainment systems, professional AV, simulation, and industrial visualization.
---
### **Amaravati Integrated Manufacturing Facility (Nov 2025)**
In a landmark move, Titan Intech has signed a **Memorandum of Understanding (MoU)** with the **Andhra Pradesh Economic Development Board (APEDB)** to establish an **integrated display electronics manufacturing facility in Amaravati**, the capital region of Andhra Pradesh.
#### Key Project Details:
- **Planned Investment**: ₹250 crores over multiple phases
- **Site Area**: 20 acres of industrial land
- **Capabilities**: End-to-end production of high-value display panels, controllers, and driver electronics
- **Technology Partnership**: Strategic collaboration with a leading **South Korean OEM** for technology transfer, global benchmarking, and R&D co-development
- **Employment Generation**: 200 direct and 300 indirect jobs
- **Government Support**: APEDB is facilitating land allocation, incentives, single-window clearances, and ecosystem linkages
This facility will position Titan Intech as a cornerstone of India’s indigenous display manufacturing ecosystem, reducing import dependency and enhancing export potential.
---
### **Core Technology Capabilities & R&D Collaborations**
Titan Intech possesses advanced technological expertise in:
- **2D/3D rendering and immersive visualization**
- **Low-latency video processing**
- **Mini/Micro-LED (Chip-on-Board, MIP, SMD)**
- **AI-powered gesture control and calibration**
- **Cloud-based content management (mCloud Platform)**
- **Proprietary software suites**: mLED Master Suite (calibration, diagnostics, AI-based QA)
#### Strategic Collaboration with MIC Korea (Oct 2025)
Titan Intech has entered a **USD 1.53 million MoU** with **Media Information Communications Co., Ltd. (MIC), Seoul**, for:
- Co-development of **Mini-LED display systems** and **Android-based control boards**
- Technology transfer of **FPGA/SoC-based controllers** and **IP-based Passenger Information Systems (PIS)**
- **7-year non-exclusive license** for the **mLED Master Suite** (2025–2032)
- Exclusive **manufacturing and commercialization rights in India**
- Non-exclusive global R&D rights for jointly developed technologies
This partnership establishes **India's first fully integrated design-to-manufacture ecosystem** for LED/LCD displays, enabling import substitution and technological sovereignty.
---
### **Product Portfolio & Market Focus**
#### Flagship Brand: **TitanView**
- **Products**: IFPDs (55”–165”), Mini-LED walls, 3D displays, digital signage
- **Features**:
- Dual OS (Android + pluggable Windows PC)
- 20–40 point touch, IR/PCAP, pen/finger differentiation
- AI noise cancellation, wireless screen sharing (E-share), Zoom integration
- 4mm anti-glare tempered glass, NFC, built-in camera/mic/speakers
- 3D capability via passive polarized or active shutter (patented)
#### Key Markets:
- **Education**: Smart classrooms, digital labs (aligned with NEP 2020, Samagra Shiksha)
- **Enterprise**: Hybrid meeting rooms, command centers
- **Transportation**: Railways, airports (PIS, digital signage)
- **Smart Cities**: Control rooms, public information displays
- **Healthcare & Defense**: Ruggedized visual systems, simulation
The company serves institutional clients through direct sales, system integrators, and a growing network of **dealers, distributors, and e-commerce partners**.
---
### **OEM/ODM & EMS Expansion**
- **New EMS facility in Telangana** (₹500 crore, 3-year timeline) to serve **Railways and Defense** sectors
- Capabilities in **LCD/LED panels**, **railway coach lighting**, **control systems**
- Supports **OEM/ODM contracts** and localized manufacturing under PLI schemes
---
### **Revenue Growth & Financial Standing**
- **Credit Rating**: ‘BB’ (Stable) affirmed by Acuite (Feb 2025)
- **Revenue CAGR (FY22–FY24)**: **102%**, reaching **₹44.05 crore in FY2024**
- Drivers: Product diversification, bulk orders from education and government sectors
- Funding: Raised ₹50 crores through **NCDs and convertible warrants**; supported expansion in data centers and manufacturing
---
### **Diversified Business Initiatives**
1. **Data Centers** (Nov 2023):
- Joint venture with **ESDS Software Solutions**
- Setting up facilities in **Pune and Trivandrum** (₹50 crores each)
2. **Agricultural & Rural Infrastructure** (Oct 2024):
- Implementation partner for **OBEL Systems** on ₹360 crore weather monitoring project in Uttar Pradesh
- Collaboration with **KES** for CCMS and smart energy solutions (lighting, solar, IoT)
3. **Sports & Fitness Tech** (Sep 2023):
- Partnership with **SPEFL-SC (Ministry of Skill Development)** to deploy AI/VR training systems
4. **Event Management & Cultural Projects** (Jan 2023):
- Won ₹8 crore Maharashtra Tourism contract; shares 80% surplus revenue
5. **OTT Content Venture** (Aug 2022):
- Plans to launch a **religious-cultural OTT platform** focusing on Indian heritage