Titan shares growth projections for FY27

Jewellery business
- increase market share from 8.6% currently to 10-11%. In last 5 years, the market share has almost doubled.
- increase buyers from 3.8mn to 6mn
- store count from 900 to 1250+
- grow revenue at a CAGR of 15-20%. In FY 24, this division’s revenues grew by 20%.
Emerging business – wearables, Taneira (ethnic wear brand), international, fragrance and bags.
- 30-40% revenues growth target over the medium term
- Taneira
  - Make it a 1000 cr brand by FY27
  - The format operates 74 stores at present. The company plans to operate 180-200 stores by FY27
Eyewear
- Target of Rs 2,000 cr revenues and EBIT of 12%.
  - In FY24, the company’s eyecare division recorded a total income growth of 5% to Rs 724 crore

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