Titan Co (NSE:TITAN) Gross Margin %: -8.70% (As of Mar. 2026)


NSE:TITAN Titan Co Ltd NSE:TITAN
96 GF Score
Price ₹4,484.40
GF Value ₹5,696.76
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Titan Co Gross Margin %?

Titan Co NSE:TITAN +0.52% 96 Gross Margin % is -8.70% as of Mar. 2026. GuruFocus rates NSE:TITAN with a GF Score™ of 96/100 and a GF Value™ of ₹5,696.76 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,110 Retail - Cyclical companies, Titan Co ranks worse than 91.71% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Titan Co's Gross Profit for the three months ended in Mar. 2026 was ₹-17,930 Mil. Titan Co's Revenue for the three months ended in Mar. 2026 was ₹206,070 Mil. Therefore, Titan Co's Gross Margin % for the quarter that ended in Mar. 2026 was -8.70%.

Warning Sign:

Titan Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.4%.


The historical rank and industry rank for Titan Co's Gross Margin % or its related term are showing as below:

NSE:TITAN' s Gross Margin % Range Over the Past 10 Years
Min: 8.45   Med: 24.68   Max: 27.84
Current: 8.45


During the past 13 years, the highest Gross Margin % of Titan Co was 27.84%. The lowest was 8.45%. And the median was 24.68%.

NSE:TITAN's Gross Margin % is ranked worse than
91.71% of 1110 companies
in the Retail - Cyclical industry
Industry Median: 36.33 vs NSE:TITAN: 8.45

Titan Co had a gross margin of -8.70% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Titan Co was -4.40% per year.


Titan Co  (NSE:TITAN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Titan Co had a gross margin of -8.70% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Titan Co Gross Margin % Related Terms


Titan Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Titan Co's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Titan Co Gross Margin % Chart

Titan Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.54 24.81 22.47 21.20 19.40

Titan Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.14 13.52 10.64 18.17 -8.70

NSE:TITAN vs TPR: Gross Margin % Comparison

For the Luxury Goods subindustry, Titan Co's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Titan Co Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Titan Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Titan Co's Gross Margin % falls into.


NSE:TITAN
96GF Score
Titan Co Ltd NSE:TITAN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Titan Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Titan Co's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=169410 / 873050
=(Revenue - Cost of Goods Sold) / Revenue
=(873050 - 703640) / 873050
=19.40 %

Titan Co's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-17930 / 206070
=(Revenue - Cost of Goods Sold) / Revenue
=(206070 - 224000) / 206070
=-8.70 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of -8.70% mean?
Titan Co (NSE:TITAN) has a Gross Margin % of -8.70% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Titan Co and its competitors. Over the past decade, Titan Co's Gross Margin % has ranged from 8.45 to 27.84. According to the industry distribution chart, Titan Co ranks #1018 out of 1110 companies in the Retail - Cyclical industry, placing it in the top 91.7%.
Is Titan Co's Gross Margin % too high?
Titan Co's current Gross Margin % is -8.70%. Over the past 10 years, this metric has ranged from a low of 8.45 to a high of 27.84. Based on the distribution chart, Titan Co ranks #1018 out of 1110 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Titan Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Titan Co's Gross Margin % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Titan Co ranks #1018 out of 1110 companies for Gross Margin %. This places Titan Co in the lower half of its industry. The industry median Gross Margin % is 36.33. Historically, Titan Co's own Gross Margin % has ranged from 8.45 to 27.84 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.33, based on 1,110 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Titan Co and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titan Co's current Gross Margin % is -8.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titan Co stock overvalued right now?
Based on GuruFocus' analysis, Titan Co (NSE:TITAN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹5,696.76, compared to a current price of ₹4,484.40 — trading 21.3% below its estimated fair value. The current Gross Margin % is -8.70%. Titan Co's overall GF Score™ is 96/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Titan Co (NSE:TITAN), the current Gross Margin % is -8.70% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Titan Co (NSE:TITAN) Overvalued in 2026?

Based on GuruFocus' analysis, Titan Co stock appears to be undervalued. The current stock price of ₹4,484.40 is trading 21.3% below its estimated GF Value™ of ₹5,696.76. GuruFocus considers Titan Co to be Modestly Undervalued.

Key valuation signals for NSE:TITAN:

  • Gross Margin %: -8.70%
  • GF Value™: ₹5,696.76 vs. price of ₹4,484.40 (21.3% below fair value)
  • GF Score™: 96/100 with 4 warning signs

No single metric tells the full story. See the NSE:TITAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Titan Co Business Description

Other Exchanges 500114:India
Address Off Hosur Main Road, INTEGRITY No. 193, Electronics City P.O., Veerasandra, Bangalore, KA, IND, 560100
Titan Co Ltd is engaged in the manufacturing and sale of watches, jewellery, eyewear, and other accessories and products. Its operating segments are watches and wearables, jewellery, eyewear, and others. The firm generates a majority of its revenue from jewellery. The company sells its products under various brands such as Fastrack, Skinn, Sonata, Zoop, Nebula, Zoya, Skinn, Tanishq, and others.
96GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹4,484.40
Price
₹5,696.76
GF Value