Titan Company Ltd will report its fourth-quarter earnings on Wednesday and analysts expect the consumer goods company to report a near 19 percent jump in total income.

The management is expecting a decent quarter. The stock is pretty close to its record high and has seen a surge of almost 50 percent from the lows. The stock trades upwards of 50 times FY20 earnings.

The management had given a Q4 update and because of which the street has a cheat sheet to work with. For FY19, the management said sales grew by 1 percent, the jewellery revenue grew by 22 percent, watches saw a revenue growth of 16 percent. All these numbers are FY19. Eyewear also grew about 23 percent.

Add to that the management was fairly confident about FY20 as well and they have targeted a 20 percent growth in the next year despite a muted outlook for the economy.

A CNBC-TV18 poll suggests total income will rise by about 18.5 percent in Q4. The number that one is looking out for in the standalone revenue is Rs 4,630 crore.

The EBITDA is likely to grow a little ahead of revenues and that causes a margin expansion. The number that we are looking at on the EBITDA front is Rs 550 crore, margins seem to expand by about 30-40 basis points.