Titan : FY '23

39th Annual Report

2022-23

Technology

that Matters

Titan Company Limited

An electronic version of this report is available online at:

www.titancompany.in

Scan this QR code to

navigate investor-related

information:

Investor Information

CIN	: L74999TZ1984PLC001456
BSE Code	: 500114
NSE Symbol	: TITAN
Dividend Declared	: ` 10 per equity share
AGM Date	: 1st August 2023
AGM Venue	: Video Conference/Other
	Audio Video Means

Disclaimer

This document contains statements about expected future events and financials of Titan Company Limited, which are forward-looking. By their nature, forward-looking statements require the Company to make assumptions and are subject to inherent risks and uncertainties. There is a significant risk that the assumptions, predictions, and other forward-looking statements may not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as several factors could cause assumptions, actual future results and events to differ materially from those expressed in the forward-looking statements. Accordingly, this document is subject to the disclaimer and qualified in its entirety by the assumptions, qualifications and risk factors referred to in the Management Discussion and Analysis section of this Annual Report.

Across the Pages

-

Company Overview

1. Technology that Matters

1. Exploring the World of Titan
2. Key Numbers
3. Brands that Inspire
4. Financial Growth
5. Letter from the Managing Director

1. Fusing Technology with Business

1. Impact Stories

1. Jewellery Division

1. Watches & Wearables Division

1. EyeCare Division

1. Fragrances & Fashion Accessories Division

1. Indian Dress Wear Division

1. People (Community) and Planet

1. Diversity, Equity, Inclusion and Belonging at Titan

1. Sustainability at Titan

1. Growing Responsibly - Taking the Community Along

1. Approach to Reporting

1. Materiality Approach

1. Converging Value Creation and Capital Optimisation

1. Intellectual Capital

1. Human Capital

1. Financial Capital

1. Social and Relationship Capital

1. Manufactured Capital

1. Natural Capital

1. Awards

1. Board of Directors

1. Corporate Information

-

Statutory Reports

101 Notice of 39th AGM

118 Board's Report & Annexures

1. Management Discussion and Analysis

1. Corporate Governance Report

1. Shareholder Information

1. Business Responsibility & Sustainability Report

-

Financial Statements

Standalone Financial Statements

1. Independent Auditor's Report

1. Balance Sheet
2. Profit & Loss Account
3. Statement of Changes in Equity
4. Cash Flow Statement

1. Notes to Financial Statements

Consolidated Financial Statements

311 Form AOC-1

1. Independent Auditor's Report

1. Balance Sheet
2. Profit & Loss Account
3. Statement of Changes in Equity
4. Cash Flow Statement

1. Notes to Financial Statements

-

397 5 years Financial Highlights

2

Titan Company Limited

Annual Report 2022-23

Technology that Matters

At the core of Titan's approach lies a resolute commitment to modernisation, driven by cutting-edge technology, underpinned by a profound understanding of the ever-evolving needs and preferences of its customers.

Technology that Matters

3

02-100 Overview Corporate

As Titan embraces the challenge of harmonising tradition and progress, by simultaneously navigating a path towards sustained growth, it recognises the need for transformative change. Thus, at the very core of its business, technology becomes the driving force, embedded with purpose and intention. Through compelling product innovations and impactful process improvements across its various divisions over the last many years, Titan offers a glimpse into the future it envisions. With a resolute commitment to creating value for its employees, partners, customers and other stakeholders, Titan remains dedicated to delivering Technology that Matters.

101-229 UTOR SSTAT YREPORT

ST NE230-M396 LTATESIA NCA INF