Titan’s Helios Targets ₹2,000 Crore Revenue in Three Years

Titan Company’s multi-brand watch retail chain Helios has announced ambitious plans to double its revenue to ₹2,000 crore over the next three years. The aggressive growth strategy centers on store expansion, customer acquisition, and diversifying its brand portfolio to capture a larger market share in India’s premium watch retail segment.

Strong Financial Performance Drives Expansion Goals

Revenue for the multi-brand watch retailer stood at approximately ₹700 crore in the previous fiscal year, with the company targeting ₹1,000 crore for the current financial year. Rahul Shukla, Vice-President & CSMO of Titan’s watches division, confirmed that Helios has maintained an impressive 35 percent compound annual growth rate (CAGR) over the past three years, providing a solid foundation for future expansion.

“We do have an ambition that Helios as a chain of stores will probably become a ₹2,000 crore business over the next three years,” Shukla told Businessline. The growth trajectory reflects strong consumer demand for premium and luxury timepieces in the Indian market.

Multi-Pronged Growth Strategy

The expansion plan focuses on three key pillars: increasing physical retail footprint across strategic locations, expanding the existing brand portfolio to cater to diverse consumer preferences, and broadening the customer base through targeted marketing initiatives. This comprehensive approach positions Helios to capitalize on India’s growing affluent consumer segment and their increasing appetite for premium watch brands.

The ambitious revenue target represents nearly a 185 percent increase from current levels, signaling Helios’s confidence in India’s luxury retail market potential and its ability to execute aggressive expansion plans effectively.