Earnings Alerts

Titan Co Ltd (TTAN) Earnings: 1Q Net Income Surpasses Estimates at 10.3 Billion Rupees

  • Net income for Titan Co in the first quarter outperformed expectations, reaching 10.3 billion rupees.
  • The anticipated net income was notably exceeded, with estimates at only 9.18 billion rupees.
  • Earnings Before Interest and Taxes (Ebit) were reported at 15.96 billion rupees.
  • The company achieved an Ebit margin of 12.1%.
  • Analyst ratings on Titan Co include 23 buy recommendations, 6 holds, and 5 sell recommendations.

A look at Titan Co Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

When looking at the long-term outlook for Titan Co Ltd, the Smartkarma Smart Scores provide valuable insights. With a strong Growth score of 4 and Momentum score of 4, the company seems to be on a positive trajectory in terms of expansion and market performance. This indicates that Titan Co Ltd is likely to experience growth and has positive momentum in its operations and stock performance.

However, the company’s Value and Resilience scores are on the lower end at 2, suggesting that there may be some concerns regarding the company’s valuation and resilience to market fluctuations. The Dividend score of 3 indicates a moderate outlook for dividends to investors. Overall, while Titan Co Ltd shows promising growth and momentum, investors may need to consider the valuation and resilience aspects when looking at the company in the long term.

### Titan Co. Ltd. manufactures and retails jewelry and watches. The Company also produces perfume for men and women. ###


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars