• Strong Q4 performance: Titan crossed the ₹75,000 crore company revenue mark, driven by 46% domestic jewellery growth, 50% consolidated jewellery growth with the addition of Damas, and an 8% increase in buyer growth.
• Medium-term growth outlook: Management targets 15% to 20% revenue and EBITDA growth over the medium term, driven by 10% to 11% growth from existing stores, 4% to 5% from new centers, and 2% to 3% from international and omnichannel channels.
• Gold demand resilience: Management reported no recent dip in consumer appetite, viewing potential pullbacks from high prices or government appeals as temporary demand delays rather than permanent demand destruction.
• Product mix strategy: To mitigate margin pressures from rising gold prices and improve accessibility, Titan is expanding 18-carat, 14-carat, and 9-carat offerings alongside a newly launched natural gemstone jewellery category.
• International footprint expansion: Titan plans to expand into Canada during FY27 and leverage the Damas acquisition to extend its customer reach beyond the Indian diaspora to Arab consumers in the GCC.