Titan's Financial Performance FY25;
- nvshah0610
- Jul 4
- 2 min read
Total Income & Revenue Growth
Consolidated total income was ₹57,818 cr, up 22% YoY, crossing the ₹50,000 cr milestone
Q4 alone saw ₹12,730 cr in income, also up ~22% YoY .
Quarterly revenue from operations was ₹14,916 cr in Q4, growing ~19.4% YoY
Profitability Metrics: EBIT, PBT & PAT
Annual EBIT rose to ₹5,488 cr (a 5% increase year-over-year)
Profit Before Tax (PBT) stood at ₹4,535 cr, down slightly (~2%) due to lower customs duties on gold
Profit After Tax (PAT) for FY25 was ₹3,337 cr, compared to ₹3,496 cr in FY24—a decline of roughly 4.6% YoY
In Q4, PAT was ₹871 cr, up 13% YoY (Q4 FY24: ₹771 cr)
Segment-Wise Financial Breakdown
1. Jewellery (Tanishq, Mia, Zoya)
FY25 revenue: ₹46,571 cr (+21%) .
Q4 revenue: ₹11,232 cr (+25%), led by 30% growth in gold jewellery & coins, and 12% rise in studded jewellery .
Q4 EBIT: ₹1,331 cr (margin ~11.9%)
2. Watches & Wearables
FY25 revenue: ₹4,576 cr (+17%) .
Q4 revenue: ₹1,126 cr (+20% YoY), with analog watches +18%, Fastrack +44%, Sonata +25%
Q4 EBIT: ₹133 cr (margin ~11.8%)
3. Eyecare (Titan Eye+)
FY25 revenue: ₹796 cr (+10%), Q4 revenue: ₹192 cr (+16%) .
Q4 EBIT: ₹20 cr (margin ~10.4%) .
4. Emerging Businesses (Taneira, Fragrances, Accessories)
FY25 revenue: ₹406 cr (+7%), with an EBIT loss of ₹124 cr .
Q4 revenue: ₹102 cr (+5%), with fragrances +26%, women's bags +10%, Taneira flat or slightly negative
5. Subsidiaries
CaratLane: FY25 revenue ₹3,583 cr (+24%), Q4 ₹883 cr (+23%); Q4 EBIT ₹70 cr (7.9%)
Titan Engineering & Automation (TEAL): FY25 revenue ₹870 cr (+14%), Q4 ₹284 cr (-24%); Q4 EBIT ₹63 cr (22%)
Key Trends & Margin Analysis
Revenue across core businesses recorded strong double-digit YoY growth (17–25%).
Margin pressures emerged from duty changes and high gold prices, reflected in PBT and PAT decline.
Focus on premiumisation, digital expansion, and store additions (e.g., CaratLane added 17 net stores in Q4)
Final Takeaway
FY25 was marked by robust topline growth (+22%), strong segment performance, but some pressure on bottom-line (PAT down ~4.6%).
Core jewellery and watches delivered standout growth, balanced against smaller losses in emerging verticals.
Titan continues to expand omni-channel presence, premium product portfolio, and leadership transition.
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