Titan Company Ltd , a leading player in India's consumer goods sector, has unveiled a significant leadership reorganization, setting the stage for a new era of management at the company.

Key Leadership Changes

The company has announced several high-profile changes in its top management:

1. New Managing Director: Ajoy Chawla, currently serving as the CEO of Titan's jewellery division, is set to take on the role of Managing Director effective January 1, 2026.

2. Jewellery Division Leadership: Arun Narayan, who currently leads Titan's Tanishq India business, will succeed Ajoy Chawla as the CEO of the jewellery division, also effective January 1, 2026.

3. Watches Division Changes: Kuruvilla Markose, presently the CEO of Titan's International Business Division, will step into the role of CEO for the watches division. He will replace Suparna Mitra, with the change taking effect from August 13, 2025.

Profile of New Appointees

Arun Narayan

• Post-graduate from IIM Calcutta
• Nearly three decades of experience with the Tata group and Titan
• Expertise in Retail, Marketing, and Sales leadership roles
• Currently leads Tanishq India business, responsible for Retail, Marketing, and Merchandising
• Previous roles include Regional Business Head (West, all categories), Helios Business Head, and National Sales & Retail Head for Titan watches

Kuruvilla Markose

• Holds degrees in Agriculture and an MBA from IIFT, New Delhi
• Joined Tata Administrative Services in 1995
• Three decades of experience across various sectors including FMCG, Telecom, BPO, Consulting, Digital, and Retail
• Joined Titan in 2015 as Chief Digital Officer
• Currently serves as CEO of Titan's International Business Division, leading international expansion in Watches, Jewellery, and EyeCare

These strategic appointments reflect Titan's commitment to leveraging internal talent and ensuring a smooth transition in key leadership positions. The company's decision to promote experienced executives from within its ranks suggests a focus on maintaining continuity while also bringing fresh perspectives to its various divisions.

As Titan prepares for these significant changes, stakeholders will be keenly watching how these new leaders shape the future direction of one of India's most renowned consumer goods companies.

Titan Company Ltd , a prominent player in India's jewellery and watch market, has released its Q1 business update, showcasing resilient growth across key segments. The company's performance has caught the attention of major financial institutions, with analysts maintaining a positive outlook on its future prospects.

Jewellery Segment Leads Growth

The standalone domestic jewellery business, Titan's primary revenue driver, reported a robust 17% growth in the first quarter. This growth was primarily attributed to an increase in ticket size, although the number of buyers remained flat compared to the previous year. The jewellery segment's performance underscores Titan's strong brand positioning and its ability to navigate challenging market conditions.

Diversified Growth Across Segments

While the jewellery business took center stage, other segments also demonstrated impressive growth:

• Watches Segment: Recorded a substantial 25% growth
• International Business: Showed remarkable progress with a 49% increase

This diversified growth across multiple segments highlights Titan's successful multi-category strategy and its expanding global footprint.

Analyst Outlook Remains Positive

Despite the softer growth in Q1, leading financial institutions maintain an optimistic view on Titan Company Ltd:

The analysts' bullish stance is reflected in their price targets, which suggest potential upside from current levels. Their positive outlook appears to be based on Titan's strong brand equity, market leadership in the organized jewellery sector, and its ability to capitalize on the shift from unorganized to organized retail in India.

Looking Ahead

While the Q1 update shows promising signs, investors and market watchers will be keen to see how Titan Company Ltd builds on this momentum in the coming quarters. The company's ability to maintain growth in ticket sizes while potentially expanding its customer base will be crucial factors to monitor.

As the festive and wedding seasons approach, typically strong periods for jewellery sales in India, Titan's performance in these crucial months could provide further insights into the company's growth trajectory and market position.