Tata Group-Backed Jewellery Company Reports 41% Consumer Business Growth in Q1 FY27; Retail Network Expands to 3,680 Outlets
DSIJ Intelligence / 07 Jul 2026 / Categories: Mindshare, Trending
Titan reported 41 per cent growth in its consumer businesses during Q1 FY27, while expanding its retail network by 77 stores to 3,680 outlets
On Tuesday, Indian benchmark indices traded higher in early trade. As of the latest available trade, the Nifty 50 gained 34.35 points, or 0.14 per cent, to 24,464.70. Amid the positive market sentiment, Titan Company share price gained 2.90 per cent to Rs 4,614.50, after the company released its Q1 FY27 business update. The stock also touched a fresh all-time high and 52-week high of Rs 4,655.90 during the session.
Consumer Businesses Register 41 Per cent Growth
Titan's consumer businesses recorded 41 per cent year-on-year growth in Q1 FY27. During the quarter, the company added 77 stores, taking its consolidated retail network to 3,680 outlets across domestic and international markets. The reported figures exclude bullion and Digi-gold sales, while the international business includes Damas Jewellery, which was consolidated from January 2026.
Jewellery Continues to Lead Growth
The domestic business grew 37 per cent, with 76 net store additions, taking the domestic store count to 3,517. The Jewellery segment reported 39 per cent growth, supported by healthy festive demand and strong Akshaya Tritiya sales.
Within the segment, Tanishq, Mia, Zoya and beYon grew 39 per cent, while CaratLane delivered 42 per cent growth. The company said buyer growth remained in the early double digits, average ticket sizes increased sharply, and both plain and studded jewellery categories recorded growth in the mid-thirties, with gold coins continuing strong investment-led demand.
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Watches, EyeCare and International Business
The Watches division grew 23 per cent, led by premium analogue watches, although the smartwatch business declined in the low teens. EyeCare also grew 23 per cent, supported by broad-based demand and premiumisation initiatives, while Emerging Businesses recorded 19 per cent growth, led by fragrances and women's bags.
Titan's International business registered 128 per cent growth, aided by the consolidation of Damas Jewellery. Excluding Damas, the company said its jewellery brands witnessed encouraging double-digit growth across the GCC region and North America, while the core Damas business continued to recover despite geopolitical challenges during the quarter.
About Titan
Titan Company Limited, part of the Tata Group, is India's leading lifestyle company with businesses spanning jewellery, watches, eyewear, fragrances and fashion accessories. Its flagship brands include Tanishq, CaratLane, Titan, Fastrack, Sonata, Titan Eye+ and Taneira, with a strong presence across India and international markets.
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Add NowDisclaimer: The article is for informational purposes only and not investment advice.