Titan Company Ltd is strategically acquiring a majority stake in Damas International to enhance its international presence while expanding its retail footprint in India.
Titan Company Ltd: Company Overview
Titan Company Ltd, a leading lifestyle brand in India, was founded in 1984 by Xerxes Desai and is headquartered in Bengaluru. As a subsidiary of the Tata Group, Titan has established itself as a trusted name in high-quality watches, exquisite jewellery, and fashionable eyewear. The company has a dedicated workforce of approximately 8,680 employees and reported a remarkable revenue of INR 51,617 crores (approximately USD 6.5 billion) for the fiscal year 2024. Titan is known for its iconic brands such as Tanishq, Fastrack, and Titan Eye+, which resonate well with customers due to their elegant designs and exceptional service.
The current share price of Titan on the National Stock Exchange (NSE) is INR 3,550 as of June 1, 2025. With consistent growth trajectories, Titan has gained recognition as a significant player in the lifestyle sector, making it a focal point for investors.
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Industry Overview in India
The lifestyle and retail market in India has displayed robust growth, driven by rising disposable incomes and changing consumer preferences. The jewellery sector, a vital component of this industry, has witnessed a burgeoning demand, attributed to both
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Titan Company Ltd
invested in
Damas International
in 2025
in a Other deal
Disclosed details
Transaction Size: $31M
Revenue: $7M
EBITDA: $685M
Net Income: $400M