TTK Prestige Ltd
TTK Group was founded in 1928 founded by Mr. T.T. Krishnamachari who set up the distribution for a wide range of products ranging from Foods, Personal care products, etc.
The company is India’s largest kitchenware company. TTK Prestige was Established in 1955 as a private limited company, TTK went public in 1994. It is among the leading brands in the kitchen equipment space, especially in the pressure cooker segment. [1] In 2012 Company had an Alliances with global high-end brands for high-end cookware/Store ware/Water Filters/ Gas-tops [2]
- Market Cap ₹ 9,632 Cr.
- Current Price ₹ 695
- High / Low ₹ 833 / 661
- Stock P/E 41.0
- Book Value ₹ 140
- Dividend Yield 0.86 %
- ROCE 18.9 %
- ROE 14.2 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 29.9%
Cons
- The company has delivered a poor sales growth of 8.50% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Consumer Durables Industry: Domestic Appliances
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,043 | 1,287 | 1,222 | 1,310 | 1,488 | 1,604 | 1,746 | 1,968 | 1,937 | 2,033 | 2,532 | 2,626 | 2,486 | |
867 | 1,077 | 1,057 | 1,157 | 1,301 | 1,405 | 1,508 | 1,678 | 1,673 | 1,718 | 2,125 | 2,265 | 2,174 | |
Operating Profit | 176 | 210 | 165 | 153 | 187 | 198 | 238 | 290 | 264 | 315 | 407 | 361 | 312 |
OPM % | 17% | 16% | 14% | 12% | 13% | 12% | 14% | 15% | 14% | 16% | 16% | 14% | 13% |
5 | 5 | 15 | 8 | 6 | 8 | 143 | 26 | 24 | 39 | 35 | 43 | 69 | |
Interest | 11 | 20 | 13 | 8 | 6 | 9 | 5 | 6 | 5 | 4 | 4 | 7 | 8 |
Depreciation | 6 | 9 | 15 | 19 | 21 | 25 | 25 | 26 | 35 | 38 | 42 | 48 | 57 |
Profit before tax | 163 | 185 | 152 | 133 | 167 | 173 | 351 | 284 | 248 | 313 | 396 | 350 | 316 |
Tax % | 31% | 28% | 26% | 31% | 31% | 17% | 27% | 33% | 20% | 25% | 26% | 26% | |
113 | 133 | 112 | 92 | 116 | 143 | 257 | 190 | 199 | 235 | 294 | 260 | 235 | |
EPS in Rs | 8.35 | 9.78 | 8.00 | 6.61 | 8.28 | 10.23 | 18.53 | 13.73 | 14.32 | 16.97 | 21.18 | 18.77 | 16.96 |
Dividend Payout % | 15% | 15% | 21% | 28% | 27% | 22% | 14% | 18% | 14% | 29% | 28% | 32% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 9% |
3 Years: | 11% |
TTM: | -8% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 10% |
3 Years: | 9% |
TTM: | -16% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 0% |
3 Years: | -3% |
1 Year: | -4% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 16% |
3 Years: | 16% |
Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 12 | 12 | 12 | 12 | 12 | 12 | 14 | 14 | 14 | 14 | 14 |
Reserves | 274 | 384 | 574 | 634 | 711 | 845 | 994 | 1,142 | 1,287 | 1,466 | 1,683 | 1,893 | 1,920 |
79 | 115 | 27 | 0 | 0 | 0 | 0 | 0 | 14 | 26 | 34 | 63 | 93 | |
207 | 280 | 260 | 250 | 274 | 307 | 400 | 378 | 394 | 420 | 555 | 480 | 557 | |
Total Liabilities | 572 | 791 | 872 | 896 | 997 | 1,164 | 1,406 | 1,532 | 1,709 | 1,926 | 2,286 | 2,449 | 2,584 |
151 | 168 | 340 | 337 | 330 | 394 | 358 | 372 | 428 | 424 | 444 | 486 | 505 | |
CWIP | 79 | 140 | 24 | 3 | 3 | 2 | 4 | 21 | 6 | 18 | 7 | 10 | 15 |
Investments | 0 | 0 | 9 | 27 | 68 | 172 | 277 | 321 | 505 | 613 | 549 | 472 | 493 |
342 | 483 | 499 | 529 | 596 | 596 | 766 | 819 | 771 | 871 | 1,287 | 1,482 | 1,571 | |
Total Assets | 572 | 791 | 872 | 896 | 997 | 1,164 | 1,406 | 1,532 | 1,709 | 1,926 | 2,286 | 2,449 | 2,584 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
62 | 97 | 85 | 67 | 78 | 135 | 127 | 90 | 258 | 243 | 298 | 229 | |
-127 | -89 | -73 | -13 | -6 | -119 | -20 | -18 | -226 | -202 | -208 | -167 | |
35 | 2 | -15 | -59 | -70 | -5 | -110 | -44 | -57 | -64 | -87 | -62 | |
Net Cash Flow | -31 | 10 | -3 | -4 | 2 | 10 | -3 | 28 | -25 | -23 | 3 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 37 | 41 | 45 | 44 | 43 | 45 | 51 | 53 | 48 | 49 | 43 | 42 |
Inventory Days | 103 | 111 | 133 | 126 | 134 | 124 | 133 | 131 | 132 | 122 | 126 | 114 |
Days Payable | 48 | 58 | 61 | 48 | 54 | 55 | 82 | 62 | 61 | 70 | 88 | 57 |
Cash Conversion Cycle | 92 | 93 | 116 | 122 | 122 | 114 | 102 | 122 | 119 | 100 | 81 | 99 |
Working Capital Days | 28 | 48 | 68 | 77 | 77 | 63 | 63 | 75 | 66 | 62 | 52 | 61 |
ROCE % | 62% | 47% | 28% | 22% | 26% | 23% | 24% | 27% | 20% | 21% | 24% | 19% |
Documents
Announcements
- Clarification For Your Query Reference No: L/SURV/ONL/PV/Av/ 2024-2025 / 31 Dated April 18, 2024 1d
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Clarification sought from TTK Prestige Ltd
1d - Exchange has sought clarification from TTK Prestige Ltd on April 18, 2024, with reference to Movement in Volume.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 2d
- Shareholder Meeting / Postal Ballot-Outcome of AGM 8 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Feb 2024Transcript PPT
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Oct 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023TranscriptPPT
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Jan 2023TranscriptNotesPPT
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Jul 2022TranscriptNotesPPT
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Jun 2022TranscriptPPT
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Nov 2021TranscriptPPT
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Jul 2021TranscriptPPT
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May 2021TranscriptPPT
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Feb 2021TranscriptPPT
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Nov 2020TranscriptPPT
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Aug 2020TranscriptPPT
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Jul 2020TranscriptPPT
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Nov 2019TranscriptPPT
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Aug 2019TranscriptPPT
Dominant Brand Position
Prestige is a leading brand in Pressure cookers, Cookware, Value-added Gas Stoves, Induction Cooktops & Rice Cookers. It is India’s only company to offer the complete Induction Cooking solution. [1]