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 ₹ 9,656 Cr.
- Current Price ₹ 697
- High / Low ₹ 833 / 661
- Stock P/E 42.7
- Book Value ₹ 141
- Dividend Yield 0.86 %
- ROCE 18.1 %
- ROE 13.8 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 29.8%
Cons
- The company has delivered a poor sales growth of 8.22% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
208 | 260 | 1,488 | 1,745 | 1,871 | 2,107 | 2,073 | 2,194 | 2,722 | 2,777 | 2,666 | |
189 | 234 | 1,301 | 1,527 | 1,621 | 1,811 | 1,807 | 1,872 | 2,296 | 2,416 | 2,360 | |
Operating Profit | 19 | 26 | 187 | 218 | 251 | 296 | 266 | 322 | 427 | 361 | 307 |
OPM % | 9% | 10% | 13% | 12% | 13% | 14% | 13% | 15% | 16% | 13% | 12% |
2 | 1 | 6 | 3 | 141 | 25 | 13 | 41 | 35 | 46 | 74 | |
Interest | 7 | 8 | 6 | 11 | 7 | 8 | 8 | 6 | 7 | 10 | 12 |
Depreciation | 2 | 2 | 21 | 26 | 26 | 26 | 37 | 40 | 44 | 53 | 64 |
Profit before tax | 12 | 16 | 167 | 184 | 359 | 286 | 234 | 317 | 411 | 343 | 305 |
Tax % | 40% | 30% | 31% | 18% | 27% | 33% | 21% | 25% | 26% | 26% | |
7 | 11 | 116 | 151 | 263 | 192 | 185 | 237 | 305 | 253 | 226 | |
EPS in Rs | 8.28 | 10.78 | 19.01 | 13.88 | 13.39 | 17.08 | 21.99 | 18.34 | 16.54 | ||
Dividend Payout % | 38% | 30% | 27% | 21% | 13% | 18% | 15% | 29% | 27% | 33% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 10% |
TTM: | -7% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 9% |
TTM: | -18% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 0% |
3 Years: | -3% |
1 Year: | -5% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 16% |
Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | 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 | 14 | 14 | 14 | 14 | 14 |
Reserves | 35 | 42 | 711 | 842 | 1,008 | 1,155 | 1,292 | 1,491 | 1,716 | 1,925 | 1,946 |
57 | 74 | 0 | 113 | 129 | 90 | 86 | 84 | 92 | 131 | 162 | |
45 | 65 | 274 | 322 | 420 | 395 | 409 | 450 | 593 | 518 | 584 | |
Total Liabilities | 148 | 192 | 997 | 1,289 | 1,569 | 1,652 | 1,801 | 2,038 | 2,414 | 2,587 | 2,707 |
24 | 30 | 330 | 510 | 490 | 502 | 572 | 573 | 597 | 684 | 700 | |
CWIP | 1 | 6 | 3 | 2 | 4 | 21 | 6 | 18 | 7 | 10 | 15 |
Investments | 2 | 2 | 68 | 75 | 167 | 192 | 331 | 420 | 356 | 249 | 233 |
121 | 154 | 596 | 703 | 908 | 937 | 892 | 1,027 | 1,456 | 1,645 | 1,758 | |
Total Assets | 148 | 192 | 997 | 1,289 | 1,569 | 1,652 | 1,801 | 2,038 | 2,414 | 2,587 | 2,707 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
22 | 4 | 78 | 94 | 127 | 94 | 253 | 289 | 294 | 199 | |
-1 | -13 | -6 | -168 | -3 | -0 | -184 | -184 | -220 | -157 | |
-20 | 6 | -70 | 106 | -113 | -84 | -95 | -82 | -91 | -67 | |
Net Cash Flow | 1 | -3 | 2 | 31 | 11 | 10 | -26 | 23 | -18 | -26 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 49 | 59 | 43 | 45 | 50 | 53 | 49 | 48 | 44 | 44 |
Inventory Days | 189 | 185 | 134 | 133 | 147 | 141 | 143 | 128 | 134 | 130 |
Days Payable | 71 | 67 | 54 | 55 | 80 | 61 | 60 | 73 | 89 | 60 |
Cash Conversion Cycle | 168 | 176 | 122 | 123 | 117 | 133 | 132 | 104 | 89 | 114 |
Working Capital Days | 96 | 103 | 77 | 70 | 65 | 76 | 69 | 66 | 59 | 70 |
ROCE % | 21% | 24% | 22% | 25% | 19% | 21% | 24% | 18% |
Documents
Announcements
- Grant Of Stock Options Under TTK Prestige Limited - Long Term Incentive (Stock Option) Plan 2024 1d
- Clarification For Your Query Reference No: L/SURV/ONL/PV/Av/ 2024-2025 / 31 Dated April 18, 2024 18 Apr
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Clarification sought from TTK Prestige Ltd
18 Apr - 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 17 Apr
- Shareholder Meeting / Postal Ballot-Outcome of AGM 8 Apr
Annual reports
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Financial Year 2023
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Financial Year 2019
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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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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]