Titan Company Ltd
NSE: TITAN BSE: 500114
₹4455.80
+11.80 (0.27%)
Fri, 23 Oct 2026, 10:27 pm
Market Cap (in Cr)394620.96
PE Ratio68.68
Dividend0.34
Consumer Durables
Other Consumer Specialties
24.5KTitan Company Ltd Company History
1984
- Incorporated on 26 July in Chennai for analog electronic watches
- Promoted by Questar Investments, Tata Sons, Tata Press, and TIDCO
- Set up plant in Hosur SIPCOT industrial area
- Entered collaboration with France Ebauches for technical assistance
- Proposed manufacture of 2 million digital and ana-digi watches with Casio
1986
- Signed MOU with Casio Computer Company of Japan in November
1987
- Established Hosur manufacturing facility for watch components
- Issued 525,000 13.5% secured redeemable partly convertible debentures
1989
- Launched Aqura watch range
- Commissioned Hosur case plant for 1.5 million cases
- Set up Dehra Dun satellite case plant for 500,000 cases
- Issued 252,000 12.5% convertible debentures (284,455 allotted)
- Proposed 4,026,700 fully convertible debentures on rights
1991
- Set up Titan Time Products Ltd. joint venture with EDC Goa for electronic circuit blocks
- Undertook jewellery business at Hosur
- Grant Walker to provide jewellery consultancy
- Participated in Timex equity and proposed partly convertible debentures
1992
- Introduced over 150 new models including Raga and Spectra
- Proposed sale of Aqura brand to Timex
- Set up wholly owned subsidiary Titan Holdings BV in Netherlands
- Incorporated Titan Time Products Ltd. joint venture in Goa
- Incorporated Titan Properties Ltd. for employee housing
- Issued 13,422,300 rights equity shares at premium
- Issued 569,000 equity shares to 1989 debenture holders
- Offered 699,600 equity shares to employees (302,600 subscribed)
1993
- Changed name to Titan Industries Ltd. effective 21 September
1994
- Introduced Tanishq 18 carat gold watches studded with stones
- Introduced Insignia watches
- Proposed expansion to 5 million watches
- Proposed 1.5 million table clocks and 1.2 million metal bracelets facilities
- Established company in Singapore for South and SE Asian markets
1995
- Proposed joint venture with Hour Glass of Singapore for watch boutiques
1996
- Introduced Sonata economy watches and Tanishq 22 Karat ethnic jewellery
- Issued 2,300,000 preference shares on private placement
1998
- Fully redeemed 3.5%, 14% and 12% redeemable cumulative preference shares
- Operated 102 Titan Showrooms, 83 Timezone outlets, and 5400 dealer outlets
- TIDCO nominated Mr R Gopalan as Director
- Developed and introduced slim movement with date
2000
- Launched Cyber digital clocks
- ICRA withdrew A1+ rating for CP programme
- Conferred excellence in electronics award for 1998 by MIT
- Launched Style at Work under Classique range
- Tanishq opened second showroom in Kerala
- Pizza Hut tie-up featured Fast-track watch
- Tanishq MOU with Canara Bank and Corporation Bank for gold conversion
- Unveiled Classique range for corporate executives
- Launched Fastrack range for young women
2001
- Launched Popeye, Digital, and Lumibrite under Dash brand for kids
- Reported 21.8% profit rise for year to March
2002
- Appointed V.K. Jeyakodi as Director
- Appointed Bhaskar Bhat as Managing Director succeeding Xerxes Desai
- Appointed M Kalaivanan and Krishnadas Nair as Directors
- Accepted resignations of A Gowrishankar and M Kalaivanan; appointed Dr R Vijaykumar as Tidco nominee
- Introduced Voluntary Retirement Scheme for permanent employees
- Appointed Arun Kumar as Director & Chairman
2003
- Tanishq entered silverware segment
- Declared partial lock-out at Hosur manufacturing facilities
- Explored automotive and aerospace precision mechatronics
- Chief Operating Officer Jacob Kurian resigned
- Sold Readers Digest business for Rs 150 million to Living Media India Ltd
2004
- Entered sub-licensing agreement with GVM International for Tommy Hilfiger watches
- Relaunched Raga women's watch range
- Launched Raga Miniatures collection
- Launched Original Spares customer service logo
- Launched Raga 9 to 5 collection for working women
- Launched Tommy Hilfiger watch collection
- Launched sunglasses in fashion accessories
- Rolled out designer eyewear in Chennai
- Launched Flip dual-faced watch collection
- Launched Nebula jewellery watches
- Launched Crown Collection watches
- Partnered with LVMH Group
- Launched Cal Track
2005
- Re-introduced Fastrack range of watches
- Introduced new gold & steel collection in Coimbatore
- Rolled out bi-metal range of watches in Vizag
- Launched multiple watches under Raga Coordinate range
2006
- Appointed Mr. Harish Bhat as COO - Watches and Licensing & Accessories
- Planned Tanishq exclusive stores in US
- Unveiled Xylys watches
- Set up boutique in Banjara Hills
- Issued rights shares in ratio 1:20
2007
- Inducted Mr. Sunil Paliwal, IAS, as Additional Director
- Appointed Mr. Kumar Jayant, IAS, as Additional Director; Mr. Sunil Paliwal resigned
2008
- Tied up with Sankara Nethralaya
2009
- Appointed Mrs. Anita Praveen, IAS, as Additional Director
2010
- Titan Eye Plus launched world-class lens manufacturing unit
- Fastrack signed Genelia D'Souza as brand ambassador for sunglasses campaign
- Tanishq awarded World Brand Congress Global Award for Brand Leadership in Durables
2011
- Tanishq won Effie Awards
- Ranked 10th in The Brand Trust Report, India Study
- Jewellery Division won 3rd in Productivity Championship Award for innovative diamond setting
- Tanishq won 3 awards at Star Retailer and Franchise Awards
- Jewellery division won Gold Award at ET India Manufacturing Excellence Awards
- Jewellery division awarded Golden Peacock Innovation Award
- Split share face value from Rs 10 to Re 1
- Issued 1:1 bonus shares
2012
- Won 3 awards at ET Retail Awards
- Won 2 awards at Images Fashion Awards
- Tanishq designed special brooches for heads of state at 4th BRICS Summit
- Certified to OHSAS 18001:2007 Management Systems
- Selected as Best Governed Company by Asian Centre for Corporate Governance & Sustainability
- Won Client of the Year at Campaign India Digital Media Awards
2013
- Changed name from Titan Industries Ltd. to Titan Company Ltd.
2014
- Entered joint venture agreement with Montblanc Services B.V., Netherlands for single brand retail
- Launched first Karigar centre for jewellery manufacturing in Hosur
2015
- Commenced world-class stainless steel case production in Coimbatore
- Entered partnership with Maison Montblanc
- Entered partnership with HP
- Announced joint venture with Montblanc Services B.V., Netherlands
2016
- Announced Voluntary Retirement Scheme for employees to improve productivity
- Introduced satellite lens manufacturing facility
2017
- Migrated Gold Plus network to Tanishq network
2018
- Featured in Bangalore's top 10 innovative company brands by Paul Writer
- Won Best Customer Experience Program Award at Customer Fest 2018
2022
- Incorporated step-down subsidiary in Qatar
2023
- Received approval from Competition Commission of India for acquisition of stake in CaratLane Trading Private Limited
