Titan Company Limited (NSE:TITAN)

Titan Company Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	10,610	8,730	4,070	4,090	2,320	2,190
Short-Term Investments	15,820	15,150	9,090	6,350	7,440	4,370
Trading Asset Securities	-	14,730	10,310	16,150	18,560	-
Cash & Short-Term Investments	26,430	38,610	23,470	26,590	28,320	6,560
Cash Growth	-23.70%	64.51%	-11.73%	-6.11%	331.71%	-78.13%
Accounts Receivable	18,360	10,920	12,190	12,510	7,190	6,910
Other Receivables	-	1,700	540	11,710	440	980
Receivables	18,920	13,130	13,170	27,030	8,980	12,120
Inventory	508,610	427,430	281,840	190,510	165,840	136,090
Prepaid Expenses	-	1,530	1,170	1,060	980	730
Restricted Cash	-	3,750	5,000	4,650	3,200	2,160
Other Current Assets	63,550	23,360	19,690	6,240	16,750	16,880
Total Current Assets	617,510	507,810	344,340	256,080	224,070	174,540
Property, Plant & Equipment	52,460	50,140	37,210	33,680	27,610	22,600
Long-Term Investments	10,900	12,570	6,510	6,790	3,510	2,790
Goodwill	7,900	7,580	1,230	1,230	1,230	1,230
Other Intangible Assets	11,290	11,330	3,220	3,140	2,570	2,450
Long-Term Accounts Receivable	-	7,100	6,720	6,060	4,360	2,510
Long-Term Deferred Tax Assets	2,190	1,730	1,700	1,870	1,580	1,870
Other Long-Term Assets	15,180	6,690	4,920	5,930	4,760	3,530
Total Assets	718,060	605,610	406,470	315,500	270,230	211,940

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	39,320	28,640	19,630	14,100	12,140	12,940
Accrued Expenses	-	10,300	6,430	5,540	5,550	4,290
Short-Term Debt	122,780	268,620	147,330	97,020	74,920	59,070
Current Portion of Long-Term Debt	241,910	4,930	27,680	1,750	20	70
Current Portion of Leases	4,860	4,610	3,630	3,170	2,660	2,210
Current Income Taxes Payable	3,320	230	400	620	730	820
Current Unearned Revenue	-	230	130	110	-	1,260
Other Current Liabilities	77,430	80,370	52,700	42,980	36,620	24,460
Total Current Liabilities	489,620	397,930	257,930	165,290	132,640	105,120
Long-Term Debt	740	930	5,950	33,020	-	20
Long-Term Leases	28,870	27,120	23,180	20,320	16,070	11,380
Pension & Post-Retirement Benefits	-	2,230	850	630	370	360
Long-Term Deferred Tax Liabilities	30	-	20	30	30	60
Other Long-Term Liabilities	16,170	20,370	2,300	2,280	2,080	1,670
Total Liabilities	535,430	448,580	290,230	221,570	151,190	118,610

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	890	890	890	890	890	890
Additional Paid-In Capital	-	1,420	1,420	1,420	1,420	1,410
Retained Earnings	-	159,400	118,450	94,850	116,780	90,940
Treasury Stock	-	-2,420	-2,420	-2,360	-	-
Comprehensive Income & Other	181,740	-2,260	-2,100	-870	-580	-210
Total Common Equity	182,630	157,030	116,240	93,930	118,510	93,030
Minority Interest	-	-	-	-	530	300
Shareholders' Equity	182,630	157,030	116,240	93,930	119,040	93,330
Total Liabilities & Equity	718,060	605,610	406,470	315,500	270,230	211,940

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	399,160	306,210	207,770	155,280	93,670	72,750
Net Cash (Debt)	-372,730	-267,600	-184,300	-128,690	-65,350	-66,190
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-419.86	-301.50	-207.70	-144.98	-73.61	-74.56
Filing Date Shares Outstanding	887.61	887.79	887.79	887.79	887.79	887.79
Total Common Shares Outstanding	887.61	887.79	887.79	887.79	887.79	887.79
Working Capital	127,890	109,880	86,410	90,790	91,430	69,420
Book Value Per Share	205.75	176.88	130.93	105.80	133.49	104.79
Tangible Book Value	163,440	138,120	111,790	89,560	114,710	89,350
Tangible Book Value Per Share	184.13	155.58	125.92	100.88	129.21	100.64
Land	-	4,150	1,380	1,380	1,160	1,080
Buildings	-	8,860	6,110	5,940	4,270	4,220
Machinery	-	20,830	16,170	14,440	15,880	13,820
Construction In Progress	-	1,350	930	880	1,330	690
Leasehold Improvements	-	7,270	6,690	5,560	540	170

Data Source: S&P Global Market Intelligence Last updated: Nov 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 11, 2026

Data Sources Report a data error