Titan targets doubling revenue by FY30, jewellery share to 20% and 1,400 stores
Tata's lifestyle arm plans to double revenue and operating profit by FY30, lifting jewellery market share from ~11% toward 20% and expanding to 1,400 stores. Growth spans CaratLane, eyecare, watches and Gulf/North America jewellery amid record gold prices and a 15% duty. Trades at ~80x PE, ₹4.1 tn market cap.
Titan (Tata's jewellery-led lifestyle arm) targets doubling revenue and operating profit by FY30, lifting jewellery market share to 20%, growing to 1,400 stores, expanding CaratLane, eyecare, watches, and Gulf/North America jewellery amid record gold prices and duty hikes.