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 ₹ 12,109 Cr.
- Current Price ₹ 874
- High / Low ₹ 1,025 / 647
- Stock P/E 55.3
- Book Value ₹ 151
- Dividend Yield 0.69 %
- ROCE 14.6 %
- ROE 11.2 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 32.1%
Cons
- The company has delivered a poor sales growth of 4.91% 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 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
208 | 260 | 1,488 | 1,745 | 1,871 | 2,107 | 2,073 | 2,194 | 2,722 | 2,777 | 2,678 | 2,678 | |
189 | 234 | 1,301 | 1,527 | 1,621 | 1,811 | 1,807 | 1,872 | 2,296 | 2,416 | 2,373 | 2,381 | |
Operating Profit | 19 | 26 | 187 | 218 | 251 | 296 | 266 | 322 | 427 | 361 | 305 | 297 |
OPM % | 9% | 10% | 13% | 12% | 13% | 14% | 13% | 15% | 16% | 13% | 11% | 11% |
2 | 1 | 6 | 3 | 141 | 25 | 13 | 41 | 35 | 46 | 75 | 76 | |
Interest | 7 | 8 | 6 | 11 | 7 | 8 | 8 | 6 | 7 | 10 | 14 | 14 |
Depreciation | 2 | 2 | 21 | 26 | 26 | 26 | 37 | 40 | 44 | 53 | 64 | 67 |
Profit before tax | 12 | 16 | 167 | 184 | 359 | 286 | 234 | 317 | 411 | 343 | 301 | 292 |
Tax % | 40% | 30% | 31% | 18% | 27% | 33% | 21% | 25% | 26% | 26% | 25% | |
7 | 11 | 116 | 151 | 263 | 192 | 185 | 237 | 305 | 253 | 225 | 219 | |
EPS in Rs | 8.28 | 10.78 | 19.01 | 13.88 | 13.39 | 17.08 | 21.99 | 18.34 | 16.48 | 16.04 | ||
Dividend Payout % | 38% | 30% | 27% | 21% | 13% | 18% | 15% | 29% | 27% | 33% | 36% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 7% |
TTM: | -2% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 0% |
TTM: | -11% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 8% |
3 Years: | -1% |
1 Year: | 10% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 14% |
Last Year: | 11% |
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 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
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 | 2,074 |
57 | 74 | 0 | 113 | 129 | 90 | 86 | 84 | 92 | 131 | 180 | |
45 | 65 | 274 | 322 | 420 | 395 | 409 | 450 | 593 | 518 | 470 | |
Total Liabilities | 148 | 192 | 997 | 1,289 | 1,569 | 1,652 | 1,801 | 2,038 | 2,414 | 2,587 | 2,737 |
24 | 30 | 330 | 510 | 490 | 502 | 572 | 573 | 597 | 684 | 722 | |
CWIP | 1 | 6 | 3 | 2 | 4 | 21 | 6 | 18 | 7 | 10 | 24 |
Investments | 2 | 2 | 68 | 75 | 167 | 192 | 331 | 420 | 356 | 249 | 343 |
121 | 154 | 596 | 703 | 908 | 937 | 892 | 1,027 | 1,456 | 1,645 | 1,648 | |
Total Assets | 148 | 192 | 997 | 1,289 | 1,569 | 1,652 | 1,801 | 2,038 | 2,414 | 2,587 | 2,737 |
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 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
22 | 4 | 78 | 94 | 127 | 94 | 253 | 289 | 294 | 199 | 289 | |
-1 | -13 | -6 | -168 | -3 | -0 | -184 | -184 | -220 | -157 | -185 | |
-20 | 6 | -70 | 106 | -113 | -84 | -95 | -82 | -91 | -67 | -104 | |
Net Cash Flow | 1 | -3 | 2 | 31 | 11 | 10 | -26 | 23 | -18 | -26 | -1 |
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 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 49 | 59 | 43 | 45 | 50 | 53 | 49 | 48 | 44 | 44 | 40 |
Inventory Days | 189 | 185 | 134 | 133 | 147 | 141 | 143 | 128 | 134 | 130 | 128 |
Days Payable | 71 | 67 | 54 | 55 | 80 | 61 | 60 | 73 | 89 | 60 | 56 |
Cash Conversion Cycle | 168 | 176 | 122 | 123 | 117 | 133 | 132 | 104 | 89 | 114 | 113 |
Working Capital Days | 96 | 103 | 77 | 70 | 65 | 76 | 69 | 66 | 59 | 70 | 67 |
ROCE % | 21% | 24% | 22% | 25% | 19% | 21% | 24% | 18% | 15% |
Documents
Announcements
- Closure of Trading Window 24 Sep
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Board Meeting Intimation for Intimation Of Board Meeting To Be Held On October 30, 2024 To Consider The Unaudited Financial Results For The Second Quarter And Half Year Ended September 30, 2024
24 Sep - Board meeting scheduled for financial results; trading window closed.
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Announcement under Regulation 30 (LODR)-Closure of Buy Back
17 Sep - Completion of buyback and extinguishment of equity shares.
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Updates on Buyback Offer
5 Sep - Ventures Private Ltd ("Manager to the Buyback") has submitted to BSE a copy of post buyback public announcement for the attention of Equity Shareholder/ beneficial …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
5 Sep - Copy of Newspaper Publication for Post Buyback Public Announcement
Annual reports
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Financial Year 2024
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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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Concalls
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Aug 2024Transcript PPT
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Jun 2024Transcript PPT
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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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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]