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泰坦第二季度业务更新:国内业务增长22%,国际业务猛增97%Titan Q2 Business Update: Domestic operations grow 22%, international business spikes 97%

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知名珠宝及腕表制造商泰坦有限公司周二宣布,在2027财年第二季度,其消费品业务实现了25%的同比增长。该季度内,公司净增78家门店。截至2026年9月,泰坦旗下消费品业务的零售网点总数已达3,758家。其中,国内业务同比增长22%,国际业务增幅更是高达97%。

Leading jewellery and watchmaker Titan Company Ltd on Tuesday reported 25% year-on-year growth in its consumer businesses for the second quarter of fiscal 2027 , with the company adding 78 stores on a net basis during the quarter. The combined retail network of Titan's consumer businesses stood at 3,758 stores as of September 2026. Domestic businesses grew 22% year-on-year, while international business grew 97%.Jewellery business grows 21%Titan's jewellery portfolio, across all brands, recorded around 21% year-on-year growth in Q2 FY27.

珠宝业务增长21%:泰坦旗下各品牌的珠宝产品在第二季度实现了约21%的同比增长。整个季度内市场需求总体保持旺盛,不过随着节日季转入2027财年第三季度,需求略有放缓。公司表示,“钻石节”营销活动及各品牌推广举措有效推动了业绩增长。镶嵌类珠宝的销售额增幅接近30%,而纯金首饰的销售额同比增长约20%。

Consumer demand remained healthy for most of the quarter, with some softening towards the end as the festive calendar shifted to Q3 FY27. Titan Q1 net profit jumps 65% on strong jewellery, watches performance; beats estimatesThe company said its 'Festival of Diamonds' campaign and brand-level promotions supported growth. Studded jewellery grew in the early thirties, while plain gold jewellery grew around 20% year-on-year.

受基数较高影响,以投资为目的的金币需求同比小幅下降个位数百分比;整体客户数量增幅为个位数中段水平,而客单价则实现了两位数增长。该季度珠宝业务新增42家门店,使门店总数达到1,269家。Tanishq、Mia、Zoya及beYon四大品牌合计实现20%的同比增长,净增29家门店后总门店数达875家。CaratLane的销售额增幅达32%,新增13家门店后门店总数增至394家。

Investment-led coins demand declined in the high single digits year-on-year from a high base. Buyer growth at the portfolio level was in the mid-single digits, while average ticket sizes grew in the double digits. The jewellery business added 42 stores during the quarter, taking its total store count to 1,269. Tanishq, Mia, Zoya and beYon together grew 20% year-on-year, with 29 net store additions taking their total to 875. CaratLane grew 32%, adding 13 stores to reach 394.

泰坦有意收购小型腕表品牌,看好高端市场增长潜力:腕表业务方面,2027财年第二季度该业务实现了约30%的同比增长。

Titan open to acquiring smaller watch brands, sees strong growth in premium segmentWatches grow 30%The watches business recorded around 30% year-on-year growth in Q2 FY27.

模拟表手表在30年代初增长,得益于奢侈化趋势的支持,而智能手表业务在本季度实现了高个位数增长。手表业务新增34家门店,将其总门店数量提升至1,379家。

Analog watches grew in the early thirties, supported by premiumisation trends, while the smart watches business recovered with high single-digit growth during the quarter. The watches business added 34 stores, taking its total store count to 1,379.

泰坦的EyeCare事业部在本季度同比增长约28%。公司将增长归因于在关键战略优先事项上的执行力、多品牌战略、对现有门店网络的持续升级以及更精准的商品组合。截至2026年9月,EyeCare拥有847家门店。

EyeCare grows 28%Titan's EyeCare division grew around 28% year-on-year during the quarter. The company attributed the growth to execution across key strategic priorities, a multi-brand approach, continued upgrades to its existing store network and a sharper merchandise portfolio. EyeCare had 847 stores as of September 2026.

泰坦的新兴业务同比增长21%。在这一板块中,香水业务增长在30多%,女包业务增长在20多%,而塔内拉则录得高个位数同比增长。泰坦预计下半年将更强劲,节日需求和产品结构有望支撑利润率。新兴业务在本季度新增1家门店,总门店数达到99家。

Emerging businesses grow 21%Titan's emerging businesses grew 21% year-on-year. Within the portfolio, fragrances grew in the mid-thirties, women's bags grew in the twenties, while Taneira recorded high single-digit year-on-year growth. Titan expects stronger second half as festive demand and product mix support marginsThe emerging businesses added one store during the quarter, taking the total to 99 stores.

泰坦的国际业务同比增长97%,本季度净新增1家门店,总门店数达到164家。塔尼沙克、米娅和卡特莱恩的国际珠宝业务在北美继续录得强劲的双位数增长。尽管地缘政治环境波动,海合会国家业务表现稳健,塔尼沙克的增长趋势有所好转。

International business grows 97%Titan's international business grew 97% year-on-year, with one net store added during the quarter, taking the total store count to 164. The international jewellery businesses of Tanishq, Mia and CaratLane continued to record strong double-digit growth in North America. The Gulf Cooperation Council business held up well in a volatile geopolitical environment, with Tanishq recording improving growth.

达马斯呈现出初步复苏迹象。国际业务方面,涵盖了泰坦集团持股67%的达马斯珠宝公司,该公司自2026年1月起被并入泰坦集团的财务报表。

Damas showed early signs of recovery. The international business includes metrics of Damas Jewellery, in which Titan has a 67% holding and which was consolidated into Titan from January 2026.

消费业务网络持续扩张:截至2026年9月,泰坦集团旗下的国内消费业务门店数量已达3,594家,在2027财年第二季度净增77家。

Consumer business network expandsTitan's domestic consumer businesses had 3,594 stores as of September 2026, with 77 net additions during Q2 FY27.

受有望迎来又一个强劲季度的预期推动,瑞银集团给予了塔塔集团股票最高目标价。

Tata Group stock gets its highest price target from UBS on hopes of another strong quarterThe jewellery, watches, EyeCare and emerging businesses together recorded 3,594 domestic stores, while the combined consumer businesses, including international operations, had 3,758 stores.

珠宝、腕表、眼科护理及新兴业务板块的国内门店总数同样为3,594家;若计入国际业务,所有消费业务板块的门店总数则达到3,758家。泰坦集团表示,2027财年第二季度的相关数据仅为初步统计结果,尚需经法定审计机构审核确认。

Titan said the Q2 FY27 information is provisional and subject to limited review by its statutory auditors.

在印度证券交易所,泰坦公司股价收于4,540.00印度卢比,下跌了60.00印度卢比,跌幅为1.30%。

Shares of Titan Company Ltd ended at ₹4,540.00, down by ₹60.00, or 1.30%, on the BSE.