All about TITAN:

If there is one stock which is often not understood fully, it could be TITAN. Many associate it as the makers of TITAN Watch. Few may know they manufacture Tanishq jewellery.

We had already published two short articles on TITAN : Article 1, Article 2.
We had to publish a detailed article so that investors understand the REAL potential of TITAN.

• Globally, TITAN is the 5th largest integrated own brand watch manufacturer.
• Five Major Brands
• TITAN
• Sonata
• Fasttrack
• Xylys
• Nebula
• Owns licences for international watch brands for marketing in India:
• Tommy Hilfiger
• Fcuk
• Timberland
• Police
• Watch Showroom network:
• 434 Showrooms of 'World of TITAN' - across 195 towns in India
• 11000 dealership network across 2500 towns in India
• Internationally there are 2264 outlets across countries
• Titan is India's largest Jewelry retailer: 
• 3 Major brands
• Tanishq
• Gold Plus
• Zoya
• Mia
• India's largest optical retail chain : TITAN Eye +
• 398 retail outlets across 157 towns
• Produces 
• Frames, 
• Lenses, 
• Sunglasses, 
• Contact lenses,
• Ready readers
• Optical Accessories
• TITAN has 4 subsidaries
• TITAN Time Products
• Favre Leuba AG (Switzerland)
• TITAN Watch Company (Hongkong)
• TITAN Engineering and Automation

Titan is Debt free with (with Debt equity ratio of 0.16). The PE ratio os 40.4, with PBV of 10.22 and Dividend yield of 0.65%.

But economic slowdown is bound to affect all industries including giants like TITAN. The turnover fell by 16.8% and the net profit fell by 29% as of Sept 2015. But given its brand loyalty and preference of quality by the growing affluent population, TITAN is likely to regain its position.

The stock hit an all time high of Rs.455 in Feb 2015 and a low of Rs.355, currently trading at Rs.367. The 5 years price chart speaks volumes about this company: