TITAN / Q4-FY24 / promises

Measure what management said.

Titan · A quarter-by-quarter view of forward statements and whether delivery is visible yet.

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ConCallIQ research layer

Signal, with the source still visible.

Use the controls below to narrow the view, then follow the evidence into the next layer of context.

WatchQ4-FY24 · 2024-05-14Back to quarter ↗

Management delivery ledger

Promises over time.

23 tracked

Q1-FY25 · Q2 FY24

Jewellery EBIT margin guidance of 12%-13% for FY24

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

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Q1-FY25 · Q2 FY24

CaratLane EBIT margins to improve over 2-3 quarters

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q1-FY26 · Q1 FY25

One-time inventory loss of INR 500-550 crore from customs duty cut

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q1-FY26 · Q1 FY25

No change to margin guidance despite Q1 cost controls

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q2-FY25 · Q1 FY25

One-time inventory loss of INR 500-550 crore from customs duty cut

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q2-FY25 · Q1 FY25

No change to margin guidance despite Q1 cost controls

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q2-FY26 · Q1 FY26

Jewelry EBITDA margin guidance maintained at 11%-11.5%

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q2-FY26 · Q1 FY26

Watches EBIT margin expected to be mid-teens on a normalized basis

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q2-FY26 · Q1 FY26

Store expansion plans remain strong, back-ended in H1

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY24 · Q2 FY24

Jewellery EBIT margin guidance of 12%-13% for FY24

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY24 · Q2 FY24

CaratLane EBIT margins to improve over 2-3 quarters

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY25 · Q2 FY25

FY25 Jewelry EBIT Margin Guidance Revised to 11-11.5%

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY25 · Q2 FY25

Tanishq Store Additions: 40-50 in FY25

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY25 · Q2 FY25

CaratLane Store Additions: ~20 More by March 2025

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY25 · Q2 FY25

Mia Store Count Target: 250 by FY25 End

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY26 · Q2 FY26

Jewellery EBIT margin to remain in 11% band

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY26 · Q2 FY26

Tanishq store openings target of 35-40 for FY26

The current-quarter record did not contain enough evidence of delivery; the item remains delayed for follow-up.

delayed

heuristic_v1

Q4-FY24 · Q3 FY24

Jewelry EBIT margin maintained at 12-13%

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q4-FY24 · Q3 FY24

EyeCare to resume expansion in top 25 cities

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q4-FY25 · Q3 FY25

CaratLane margin improvement trajectory

Current-quarter commentary contains related evidence, but delivery is not conclusive enough for a clean met verdict.

close

heuristic_v1

Q4-FY26 · Q1 FY26

Jewelry EBITDA margin guidance maintained at 11%-11.5%

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q4-FY26 · Q1 FY26

Watches EBIT margin expected to be mid-teens on a normalized basis

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q4-FY26 · Q1 FY26

Store expansion plans remain strong, back-ended in H1

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1