Ultrafast exciton dynamics is investigated in titanyl phthalocyanine (TiOPc) micrograin films in this study. Exponential exciton relaxation and oscillatory responses are observed in transient reflectivity measurements of the films. Laser-induced coherent acoustic waves (LCAW) are proposed to be responsible for this oscillation. Despite their fast attenuation with the increase in temperature, LCAWs are successfully detected at room temperature through probing at a large oblique angle near the low-energy absorption edge of the Q-Band. From the oscillation period of the LCAW, the sound velocity is estimated to be ∼3.1 × 103 m/s, and an acoustic echo arising from the boundary between the films and substrate is also observed.