PRICE TARGET

TITAN COMPANY LTD SHARE PRICE TARGET 2023 TO 2030: CAN TITAN COMPANY REACH 5000 INR?

TITAN COMPANY LTD SHARE PRICE TARGET 2023 TO 2030: CAN TITAN COMPANY REACH 5000 INR?

Leading Indian consumer goods manufacturer Titan Company Limited sells a variety of goods, including watches, jewellery, eyewear, and accessories. Over the years, the company has consistently produced growth, and its stock has consistently ranked among the top performers on the Indian market. Investors are growing more interested in the possibility of Titan’s share price in the upcoming years as the economy is beginning to show signs of recovery and the company’s strategic initiatives are gathering speed.

In this article, we’ll look more closely at the variables that could have an effect on Titan Company Limited’s share price between 2023 and 2030. We will look at the company’s financial results, its market competition, and the macroeconomic factors that might affect its future prospects. 

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TITAN COMPANY IN RECENT NEWS

  • Ravi Kuppuraj has been appointed as the Chief Operating Officer (COO) to lead Titan Company’s Smart Business division.
  • On Wednesday, Titan Company announced an increase in standalone net profit of 50% to Rs. 734 crore for the quarter ending March 2023. From 6,977 crore a year ago to 8,753 crore in the current quarter, the revenue from operations increased by 25%. A dividend of Rs.10 per equity share of Rs.1 has been proposed by the company’s board and is subject to shareholder approval. It will be paid on or after the seventh day after the conclusion of the 39th annual general meeting.
  • Motilal oswal gave a buy rating to Titan Company with a price target of Rs 3080.

TITAN COMPANY SHARE PRICE TARGET 2023

TITAN COMPANY SHARE PRICE TARGET 2023 Maximum Price Minimum Price
May 2023 ₹2,123.71 ₹1,633.62
June 2023 ₹2,548.45 ₹1,960.35
July 2023 ₹3,058.14 ₹2,352.42
August 2023 ₹3,363.95 ₹2,587.66
September 2023 ₹3,532.15 ₹2,717.04
October 2023 ₹3,363.95 ₹2,587.66
November 2023 ₹3,700.35 ₹2,846.42
December 2023 ₹4,144.39 ₹3,187.99

 In May 2023, the maximum share price target is expected to be ₹2,123.71, while the minimum is expected to be ₹1,633.62. In June 2023, the maximum and minimum share price targets are the same as in April, at ₹2,548.45 and ₹1,960.35, respectively. In July 2023, the maximum share price target is expected to be ₹3,058.14, while the minimum is expected to be ₹2,352.42. In August 2023, the maximum share price target is expected to be ₹3,363.95, while the minimum is expected to be ₹2,587.66. In September 2023, the maximum share price target is expected to be ₹3,532.15, while the minimum is expected to be ₹2,717.04. In October 2023, the maximum and minimum share price targets are the same as in August, at ₹3,363.95 and ₹2,587.66, respectively. In November 2023, the maximum share price target is expected to be ₹3,700.35, while the minimum is expected to be ₹2,846.42. In December 2023, the maximum share price target is expected to be ₹4,144.39, while the minimum is expected to be ₹3,187.99.

TITAN COMPANY SHARE PRICE TARGET 2024

TITAN COMPANY SHARE PRICE TARGET 2024 Maximum Price Minimum Price
January 2024 ₹4,362.52 1037.03
February 2024 ₹4,901.70 ₹4,084.75
March 2024 ₹5,159.69 ₹4,194.87
May 2024 ₹3,908.86 ₹3,006.81
June 2024 ₹4,690.63 ₹3,608.17
July 2024 ₹3,987.03 ₹3,090.72
August 2024 ₹4,385.74 ₹3,480.74
September 2024 ₹4,605.02 ₹3,542.33
October 2024 ₹5,417.67 ₹4,167.44
November 2024 ₹5,688.56 ₹4,375.81
December 2024 ₹5,802.33 ₹4,463.33

In January 2024, the maximum share price is expected to be ₹4,362.52 and the minimum share price is expected to be ₹1,037.03. As we move into February, the maximum share price target is expected to increase to ₹4,901.70, while the minimum target is expected to be ₹4,084.75. In March 2024, the share price targets are expected to continue their upward trend, with the maximum target being ₹5,159.69 and the minimum target being ₹4,194.87. Moving into April, the share price targets are expected to decrease slightly, with the maximum and minimum targets being ₹4,690.63 and ₹3,608.17, respectively. In May, the minimum target is expected to decrease further to ₹3,006.81, while the maximum target is expected to be ₹3,908.86. In June, the share price targets are expected to rise again, with the maximum target being ₹4,690.63 and the minimum target being ₹3,608.17.

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TITAN COMPANY SHARE PRICE TARGET 2025

TITAN COMPANY SHARE PRICE TARGET 2025 Maximum Price Minimum Price
January 2025 ₹5,918.38 ₹4,552.60
February 2025 ₹6,229.87 ₹4,792.21
March 2025 ₹6,541.36 ₹5,031.82
April 2025 ₹5,840.50 ₹4,492.69
May 2025 ₹5,309.55 ₹4,084.27
June 2025 ₹5,840.50 ₹4,492.69
July 2025 ₹5,562.38 ₹4,278.76
August 2025 ₹5,794.15 ₹4,457.04
September 2025 ₹6,083.86 ₹4,679.89
October 2025 ₹6,448.89 ₹4,960.68
November 2025 ₹6,900.31 ₹5,307.93
December 2025 ₹7,038.32 ₹5,414.09

The maximum price for January 2025 is estimated to be ₹5,918.38, while the minimum price is expected to be ₹4,552.60. In February, the maximum price is forecasted to be ₹6,229.87, and the minimum price is predicted to be ₹4,792.21. March 2025 could see the maximum price rise to ₹6,541.36, and the minimum price could be ₹5,031.82. The trend of increasing share prices continues into the later months of the year, with the highest price predicted to be ₹7,038.32 in December 2025, and the lowest price predicted to be ₹5,414.09 in November 2025. 

TITAN COMPANY SHARE PRICE TARGET 2026 TO 2030

TITAN COMPANY SHARE PRICE TARGET BY Maximum Price Minimum Price
2026 ₹4,926.82 ₹3,448.77
2027 ₹4,187.80 ₹2,931.46
2028 ₹7,538.04 ₹5,276.63
2029 ₹15,484.29 ₹10,839.01
2030 ₹17,243.87 ₹12,070.71

In 2026, the maximum share price target is ₹4,926.82 and the minimum share price target is ₹3,448.77. In 2027, the maximum share price target is ₹4,187.80 and the minimum share price target is ₹2,931.46. In 2028, the maximum share price target is ₹7,538.04 and the minimum share price target is ₹5,276.63. In 2029, the maximum share price target is ₹15,484.29 and the minimum share price target is ₹10,839.01. Finally, in 2030, the maximum share price target is ₹17,243.87 and the minimum share price target is ₹12,070.71. These targets suggest that Titan Company’s share price is expected to grow steadily over the next few years. However, it is important to note that these targets are subject to various economic and market conditions, which may impact the actual performance of the company’s stock.

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FINANCIAL STRENGTH OF TITAN COMPANY LTD (2018 TO 2022)

ANNUAL FY 2022 FY 2021 FY 2020 FY 2019 FY 2018
Total Revenue 29,033.00 21,830.00 21,204.77 19,961.46 16,208.63
Total Revenue Growth (%) 33.00 2.95 6.23 23.15 21.58
Total Expenses 26,075.00 20,498.00 19,099.09 18,002.41 14,659.43
Total Expenses Growth (%) 27.21 7.32 6.09 22.80 19.63
Profit after Tax (PAT) 2,173.00 973.00 1,501.39 1,404.15 1,130.09
PAT Growth (%) 123.33 -35.19 6.93 24.25 58.84
Operating Profit Margin (%) 11.02 7.09 10.79 10.17 9.93
Net Profit Margin (%) 7.54 4.49 7.13 7.09 7.01
Basic EPS (₹) 24.49 10.96 16.91 15.82 12.75

Titan Company has exhibited consistent growth in revenue and profit in the past five years. The total revenue increased from ₹16,208.63 crore in FY 2018 to ₹29,033.00 crore in FY 2022, showing a growth rate of 33.00%. The company’s total expenses also increased from ₹14,659.43 crore in FY 2018 to ₹26,075.00 crore in FY 2022, with a growth rate of 27.21%. Despite the increase in expenses, the company has managed to maintain a healthy operating profit margin of 11.02% in FY 2022, which is an improvement from the previous years.

Furthermore, the company has shown significant growth in its profit after tax (PAT) with a growth rate of 123.33% in FY 2022, which is the highest growth rate in the past five years. The net profit margin has also increased from 4.49% in FY 2021 to 7.54% in FY 2022, indicating an improvement in the company’s profitability.

The basic EPS has increased from ₹10.96 in FY 2021 to ₹36.61 in FY 2023, reflecting the company’s improved earnings per share. However, it should be noted that the company has faced a loss in FY 2021, with a negative growth rate of -35.19%. Overall, Titan Company has shown resilience in its growth trajectory, with a strong focus on improving its financial position and maximizing profits while keeping a balance on its expenses. The Price-to-Earnings ratio has decreased to 73.80 whereas the Price-to-Book ratio also decreased to 25.72. The 52-week high and low currently stand at 2791 and 1825.05 respectively. 

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FAQ’s

What is the maximum share price target of Titan Company Ltd in 2026?

The maximum share price target of Titan Company Ltd in 2026 is Rs. 4926.82

What is the maximum share price target of Titan Company Ltd in 2027?

The maximum share price target of Titan Company Ltd in 2027 is Rs. 4187.80

What is the maximum share price target of Titan Company Ltd in 2028?

The maximum share price target of Titan Company Ltd in 2028 is Rs. 7538.04

What is the maximum share price target of Titan Company Ltd in 2029?

The maximum share price target of Titan Company Ltd in 2029 is Rs. 15484.29

What is the maximum share price target of Titan Company Ltd in 2030?

The maximum share price target of Titan Company Ltd in 2030 is Rs. 17243.87

CONCLUSION: TITAN COMPANY LTD SHARE PRICE TARGET

Titan Corporation seems to be a strong investment option based on the rise in income, PAT, revenue, and profit during the previous five years. The business has consistently increased its sales and profits, with PAT growing at a rapid rate. The operating profit margin and net profit margin of the business have likewise held steady, demonstrating effective spending control. Investors seeking to enter the Indian market will find Titan Company to be an appealing option due to its financial stability and growth possibilities. But, before making any investing decisions, as with any investment, careful research and analysis are essential.

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