DATUM CHARTS
FY26 Begins on a Strong Note for Titan EyeCare, but Q2 Continues to Lag Seasonal Highs
Q1 FY26 Revenue
₹236 Cr
+13% YoY Growth in Q1 FY26
Source: Titan Company Quarterly Filings
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₹236 Cr
Q1 FY26 Revenue
Strongest Q1 in 4 years
₹218 Cr
Q2 FY26 Revenue
+9% YoY growth
<5%
Market Share
Significant headroom for growth
13-14%
FY26 Growth Outlook
Company guidance
Key Insights
What the Data Shows
Titan EyeCare's Q1 FY26 revenue of ₹236 Cr marks its strongest first quarter in four years. However, Q2 FY26 at ₹218 Cr continues the historical pattern of seasonal softness.
- Q1 consistently the strongest quarter
- Q2-Q3 typically see 5-10% sequential decline
- Year-on-year growth remains positive across all quarters
Growth Opportunity
With less than 5% market share in India's organized eyewear market, Titan EyeCare has substantial headroom for expansion.
- Organized eyewear market growing at 12-15% CAGR
- Titan expanding store network in Tier-2/3 cities
- Premium positioning aligns with rising consumer spending
Quarterly Revenue Breakdown
| Quarter | Revenue (₹ Cr) | YoY Growth | QoQ Change |
|---|---|---|---|
| Q1 FY25 | ₹209 | +14% | - |
| Q2 FY25 | ₹200 | +11% | -4.3% |
| Q3 FY25 | ₹192 | +8% | -4.0% |
| Q4 FY25 | ₹183 | +6% | -4.7% |
| Q1 FY26 | ₹236 | +13% | +29% |
| Q2 FY26 | ₹218 | +9% | -7.6% |
Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Data reflects point-in-time estimates from company filings and may not represent current conditions. Always conduct your own research before making investment decisions.