Titan Industries Ltd


BSE: 500114 | NSE: TITAN | ISIN: INE280A01028 
Market Cap: [Rs.Cr.] 24,521 | Face Value: [Rs.] 1
Industry: Diamond Cutting / Jewellery

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Board Meet

03-May-13 
Audited Results & Dividend Titan Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 03, 2013, to consider and approve the Audited Financial Results & Audited Consolidated Financial Results for the year ending March 31, 2013 and to recommend payment of equity dividend, if any, for the Financial Year 2012-2013. Further, the Company will therefore not publish Unaudited Financial Results for the quarter ended March 31, 2013. (As per BSE Announcement Dated on 02.04.2013) Titan Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 03, 2013, inter alia, has recommended a dividend of 210%, viz. Rs. 2.10 per share (Previous Year : 175%). (As Per BSE Announcement Dated On 03.05.2013) 
30-Jan-13 
Titan Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 30, 2013, to consider and approve the Unaudited Financial Results (stand alone) for the third quarter ended December 31, 2012 (Q3). Titan Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 30, 2013, Ms. Ireena Vittal has been appointed as an Independent Director on the Board of the Company. (As Per BSE Announcement Dated on 31.01.2013) 
31-Oct-12 
Titan Industries Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on October 31, 2012, to consider and approve the Unaudited Financial Results (stand alone) for the second quarter and half-year ended September 30, 2012. 
31-Jul-12 
Titan Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 31, 2012 to consider and approve the Unaudited Financial Results (stand alone) for the first quarter ended June 30, 2012 (Q1). 
30-Apr-12 
Titan Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 30, 2012, inter alia, to consider and approve the Audited Financial Results & Audited Consolidated Financial Results for the year ending March 31, 2012, and to recommend payment of equity dividend for the Financial Year 2011-2012. Titan Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 30, 2012, inter alia, have recommended a dividend on the equity shares of 175%, free of tax, viz., Rs. 1.75 per equity share. (previous year: 125%, free of tax). (As Per BSE Announcement Dated on 30.04.2012) 

AGM

31-Jul-12
Titan Industries Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 17, 2012 to July 31, 2012 (both days inclusive) for the purpose of Payment of Dividend & 28th Annual General Meeting (AGM) of the Company to be held on July 31, 2012. Titan Industries Ltd has informed BSE that the 28th Annual General Meeting (AGM) of the Company will be held on July 31, 2012. (As Per BSE Announcement Dated on 11.07.2012) Titan Industries Ltd has informed BSE that the 28th Annual General Meeting (AGM) of the Company was held on July 31, 2012. (As Per BSE Announcement Website Dated on 31/07/2012) Titan Industries Ltd has informed BSE regarding the result of the voting held at the Annual General Meeting of the Company held on July 31, 2012. (As per BSE Announcement Website Dated on 01/08/2012) Titan Industries Ltd has submitted to BSE a copy of the Minutes of the 28th Annual General Meeting (AGM) of the Company held on July 31, 2012. (As per BSE Announcement Dated on 18.10.2012)  
28-Jul-11
Titan Industries Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 26, 2011 to July 28, 2011 (both days inclusive) for the purpose of Payment of Dividend & 27th Annual General Meeting (AGM) of the Company to be held on July 28, 2011. Titan Industries Ltd has informed BSE that the members at the 27th Annual General Meeting (AGM) of the Company held on July 28, 2011, inter alia, have accorded to the following: 1. The Directors' Report, the Auditor's Report, the Audited Profit and Loss Account and the Audited Balance Sheet for the year ended March 31, 2011 was approved. 2. The dividend on equity shares for the year ended March 31, 2011 was approved, with the aggregate dividend of Rs. 110,97,32,700/- at the rate of Rs. 1.25 (Rupee One and Paise Twenty Five paisa) on 88,77,86,160 equity shares of Re. 1 each. 3. Mr. Ishaat Hussain, Ms. Vinita Bali and Mr. Parthasarathy Directors who retired by rotation and eligible for re-appointment were re-appointed as Directors. 4. M/s. Deloitte Haskins & sells, were appointed as Statutory Auditors of the Company to audit the accounts of the Company for the Financial Year 2011-12, on remuneration, terms & conditions. 5. Prof. Das Narayandas, Independent Director was appointed as a Director of the Company, liable to retire by rotation. 6. Mrs. Susan Mathew, IAS, Additional Chief Secretary of the Government of Tamilnadu, were appointed as a Director of the Company. 7. Dr. N Sundaradevan, IAS, Principal Secretary of the Government of Tamilnadu, Industries Department, was appointed as a Director of the Company, liable to retire by rotation. (As Per BSE Announcement Dated on 28.07.2011) Titan Industries Ltd has submitted to BSE a copy of minutes of the Annual General Meeting held on July 28, 2011. 1. Adoption of the Directors' Report,the Auditor's Report, the Audited Balance Sheet as at March 31, 2011 and the Audited Profit and Loss Account for the year ended March 31, 2011. 2. Recommendation of equity dividend for the year ended March 31, 2011 of Rs. 110,97,32,700/- at the rate of Rs. 1.25 (Rupee One and Paise Twenty Five only) on 88,77,86,160 equity shares of Re. 1 each. 3. Re-appointment of Mr. Ishaat Hussain, Ms. Vinita Bali & Mr. V. Parthasarathy as Directors of the Company. 4. Re-appointment f M/s. Deloitte Haskins & Sells, Chartered Accountants as Auditors of the Company, to hold office from the conclusion of this Annual General Meeting till the conclusion of the next Annual General Meeting, to audit the Accounts of the Company for the financial year 2011-12, including audit of Cash Flow Statements, on a remuneration, terms & conditions. 5. Appointment of Prof. Das Narayandas, Mrs. Susan Mathew & Dr. N Sundaradevan as Directors of the Company. (As Per BSE Announcement Website Dated on 30/09/2011) 
27-Jul-10
AGM 27/07/2010 Titan Industries Ltd has informed BSE that the members at the 26th Annual General Meeting (AGM) of the Company held on July 27, 2010, inter alia, have accorded to the following: 1) Adoption of Accounts: The Directors Report, the Auditors Report, the Audited Profit and Loss Account and the Audited Balance Sheet for the year ended March 31, 2010 was approved. 2) Payment of Dividend on Equity Shares: The dividend on equity shares for the year ended March 31, 2010 was approved at the rate of 150% with the dividend being Rs.00 for every equity share, free of tax. 3) Re-appointment of Directors: Mr. N.N.Tata, Mr. T.K. Balaji and Dr. C.G Krishnadas Nair, Directors who retired by rotation and eligible for re-appointment, were reappointed as Directors. 4) Appointment of Statutory Auditors: M/s. Deloitte Haskins & Sells were re-appointed as Statutory Auditors of the Company to audit the Accounts of the Company for the Financial Year 2010-11, on a remuneration to be agreed upon by and between the Board of Directors of the Company, and the Statutory Auditors. 5) Appointment of Director: Mr. Rajeev Ranjan IAS, Principal Secretary to Government of Tamilnadu, Industries Department was appointed as a Director of the Company. 6) Payment of Commission to Non-Executive Directors: The shareholders approved the payment of commission to Non-Executive Directors pursuant to the Section 309 of the Companies Act, 1956 and further computed in the manner referred to in Section 198 (1) of the Companies Act 1956. (As Per BSE Announcement Website dated on 28.07.2010) 
27-Jul-09
Titan Industries Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 14, 2009 to July 27, 2009 (both days inclusive) for the purpose of payment of Dividend & 25th Annual General Meeting (AGM) of the Company to be held on July 27, 2009. Titan Industries Ltd has informed BSE that the members at the 25th Annual General Meeting (AGM) of the Company held on July 27, 2009, inter alia, have accorded to the following: 1. Adoption of Accounts : The Directors' Report the Auditor's Report, the Audited Profit and Loss Account and the Audited Balance Sheet for the year ended March 31, 2009 was approved. 2. Payment of Dividend on Equity Shares : The dividend on equity shares for the year ended March 31, 2009 was approved at the rate of 100%, with the dividend being Rs 10.00 for every equity share, free of tax 3. Re-appointment of Directors : Mr. Ishaat Hussain, Mr. Nihal Kaviratne and Ms. Vinita Bali, Directors who retired by rotation and eligible for re-appointment were re-appointed as Directors. 4. Appointment of Directors : Mr. V Parthasarathy, Mrs. Hema Ravichandar, Mr. R Poornalingam and Mrs. Anita Praveen were appointed as Directors of the Company and are liable to retire by rotation. 5. Appointment of Statutory Auditors : M/s. Deloitte Haskins & Sells were approved as Statutory Auditors of the Company to audit the Accounts of the company for the Financial Year 2009-10, on a remuneration to be agreed upon by and between the Board of Directors of the Company and the Statutory Auditors. (As Per BSE Announcement Website dated on 28.07.2009) 
31-Jul-08
Titan Industries Ltd has informed BSE that the 24th Annual General Meeting (AGM) of the Company will be held on July 31, 2008. Titan Industries Ltd has informed BSE that the members at the 24th Annual General Meeting (AGM) of the Company held on July 31, 2008, inter alia, have accorded to the following: 1. Adoption of Directors Report, the Auditor's Report, the Audited Profit and Loss Account and the Audited Balance Sheet for the year ended March 31, 2008. 2. Payment of Dividend on equity shares for the year ended March 31, 2008 at the rate of 80%, with the dividend being Rs 8.00 for every equity share, free of tax. 3. Re-appointment of Mr. N N Tata, Mr. T K Balaji and Dr. C G Krishnadas Nair, Directors who retired by rotation as Directors of the Company. 4. Appointment of Mr. M F Farroqui, Mr. Kumar Jayant as Directors, liable to retire by rotation. 5. Appointment of M/s. Deloitte Haskins & Sells (formerly A F Ferguson & Co.), as Statutory Auditors of the Company to audit the Accounts of the Company for the Financial Year 2008-09, on remuneration, terms & conditions. (As per BSE Announcement Website dated on 01/08/2008) 

EGM

No EGM Data Found!

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Titan Inds. 24,521.04 33.81 12.48 20.87 48.5 66.2 0.03
Gitanjali Gems 5,504.27 20.46 2.14 9.33 10.8 11.8 0.93
Rajesh Exports 3,602.66 8.33 1.81 0.00 23.0 17.1 1.62
PC Jeweller 2,013.08 6.93 1.38 0.00 52.5 42.9 0.81
T B Z 1,567.75 23.21 4.36 0.00 42.9 34.4 1.58
Asian Star Co. 1,163.93 32.18 2.96 26.19 7.0 5.2 1.66
Shrenuj & Co. 1,034.91 33.96 1.92 10.36 9.4 10.4 2.85
Goenka Diamond 852.73 40.15 2.67 10.26 7.6 8.7 0.35
Shree Gan.Jew. 696.27 1.87 0.50 0.85 24.5 27.1 0.54
C Mahendra Exp 546.90 15.80 0.96 10.99 6.9 10.1 1.66
SRS 530.00 16.54 0.99 6.67 10.5 13.0 0.78
Suashish Diamond 423.40 7.00 0.58 3.51 5.4 5.8 0.92
Vaibhav Global 405.08 23.27 1.04 9.60 2.2 3.1 0.43
Tara Jewels 358.01 5.40 1.28 0.00 21.3 16.0 1.79
Thangamayil Jew. 257.94 5.80 1.77 4.23 48.4 35.6 1.64

Futures & Options Quote

 
Expiry Date
277.45 7.20  (2.7%)
Instrument: FUTSTK
Expiry Date: 30 May 2013
Open Price: 271.60
Average Price: 274.56
No. of Contracts Traded: 1,947,000
Open Interest: 6,361,000
Underlying: TITAN
Market Lot: 1000
Previous Close: 277.45
Day’s High | Low: 280.25 | 266.15
Turnover (Cr.): 53.46
Open Int. Change: 77,000.00 (1.2% )
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Key Information

Key Executives:

Bhaskar Bhat , Managing Director 

Ishaat Hussain , Nominee 

N N Tata , Nominee 

T K Balaji , Director 


Company Head Office / Quarters:
3 SIPCOT Industrial Complex,
,
Hosur,
Tamil Nadu-635126
Phone : 91-4344-664199
Fax : 91-4344-276037
E-mail :
investor@titan.co.in
titan@tata.com
Web : http://www.titan.co.in
Registrars:
TSR Darashaw Ltd
6-10 Haji Moosa
Patrawala Ind.Estate
DrEMoses Rd Mahalaxm
Mumbai - 400 011

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