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TTK Prestige

₹700.1 6.3 | 0.9%

Market Cap ₹9704 Cr.

Stock P/E 42.3

P/B 4.8

Current Price ₹700.1

Book Value ₹ 145.7

Face Value 1

52W High ₹832

Dividend Yield 0.86%

52W Low ₹ 660.6

Overview Inc. Year: 1955Industry: Consumer Durables - Domestic Appliances

TTK Prestige Ltd is a kitchen appliances agency. The Company operates thru segments: Kitchen Appliances, and Property & Investment. The Company's Kitchen Appliances phase gives a number of product categories, which consists of Pressure Cookers, Cookware, Gas Stoves and Domestic Kitchen Electrical Appliances. The Company additionally gives ovens, toasters and grills; mixers and grinders; kitchen hoods, hobs, cook tops and chimney's; kitchen tools, and induction cook tops. The Company also provides customer support and after sale service. The Company's manufacturers consist of Prestige, Manttra and Prestige SmartKitchen. The Company operates approximately 500 Prestige SmartKitchen shops throughout India.

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TTK Prestige Share Price

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TTK Prestige Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 859 765 698 629 842 695 611 588 729 738
Other Income 8 5 13 7 9 13 17 21 18 18
Total Income 867 771 711 636 851 708 628 609 747 756
Total Expenditure 715 636 588 549 724 615 531 527 649 653
Operating Profit 151 135 123 87 127 93 97 82 99 103
Interest 2 2 2 2 1 2 3 3 3 3
Depreciation 11 11 11 12 12 13 16 15 16 17
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 139 121 110 73 114 78 78 64 80 83
Provision for Tax 35 31 29 19 29 20 20 17 20 21
Profit After Tax 104 91 81 54 84 58 58 47 59 62
Adjustments 0 0 -1 -1 -1 -1 1 1 0 1
Profit After Adjustments 104 91 80 53 84 58 59 48 59 62
Adjusted Earnings Per Share 7.5 6.5 5.8 3.8 6 4.2 4.3 3.5 4.3 4.5

TTK Prestige Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 1488 1745 1871 2107 2073 2194 2722 2777 2666
Other Income 10 7 12 25 25 29 35 46 74
Total Income 1498 1752 1884 2132 2098 2223 2758 2823 2740
Total Expenditure 1301 1527 1621 1811 1807 1866 2296 2417 2360
Operating Profit 197 225 263 321 291 357 462 406 381
Interest 6 11 7 8 8 6 7 10 12
Depreciation 21 26 26 26 37 40 44 53 64
Exceptional Income / Expenses -4 -4 129 0 -12 12 0 0 0
Profit Before Tax 167 184 359 286 234 323 411 343 305
Provision for Tax 51 33 96 94 50 80 105 88 78
Profit After Tax 116 151 263 192 185 243 305 255 226
Adjustments 0 0 0 0 2 -6 -1 -1 3
Profit After Adjustments 116 151 263 192 186 237 305 254 228
Adjusted Earnings Per Share 8.3 10.8 19 13.9 13.4 17.1 22 18.3 16.6

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 2% 10% 8% 0%
Operating Profit CAGR -12% 12% 9% 0%
PAT CAGR -16% 11% -1% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -2% -1% 1% 10%
ROE Average 14% 17% 17% 20%
ROCE Average 19% 22% 22% 26%

TTK Prestige Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 723 854 1020 1166 1306 1505 1730 1938
Minority's Interest 0 0 0 0 2 0 0 3
Borrowings 0 113 92 54 19 40 0 41
Other Non-Current Liabilities 36 42 47 47 62 71 82 109
Total Current Liabilities 238 281 410 384 412 422 602 496
Total Liabilities 997 1289 1569 1652 1801 2038 2414 2587
Fixed Assets 330 486 490 502 572 573 597 684
Other Non-Current Assets 39 48 32 78 41 70 83 42
Total Current Assets 628 755 1047 1072 1188 1396 1734 1861
Total Assets 997 1289 1569 1652 1801 2038 2414 2587

TTK Prestige Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 25 27 58 69 79 53 76 58
Cash Flow from Operating Activities 78 94 127 94 253 289 294 199
Cash Flow from Investing Activities -6 -169 -3 -0 -184 -184 -221 -157
Cash Flow from Financing Activities -71 106 -113 -84 -95 -82 -91 -67
Net Cash Inflow / Outflow 2 31 11 10 -26 23 -18 -25
Closing Cash & Cash Equivalent 27 58 69 79 53 76 58 33

TTK Prestige Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 8.28 10.78 19.01 13.88 13.44 17.08 21.99 18.34
CEPS(Rs) 9.77 12.62 20.86 15.79 15.95 20.41 25.22 22.22
DPS(Rs) 2.25 2.25 2.5 2.5 2 5 6 6
Book NAV/Share(Rs) 51.61 60.91 73.41 83.99 94.09 108.43 124.63 139.7
Core EBITDA Margin(%) 11.99 11.64 13.35 12.67 11.33 13.36 14.13 11.56
EBIT Margin(%) 11.08 10.41 19.52 12.62 10.32 13.39 13.83 11.32
Pre Tax Margin(%) 10.7 9.81 19.12 12.26 9.98 13.15 13.61 11
PAT Margin (%) 7.42 8.04 14.03 8.24 7.85 9.9 10.12 8.17
Cash Profit Margin (%) 8.76 9.42 15.4 9.37 9.41 11.52 11.58 9.87
ROA(%) 19.45 13.18 18.44 11.94 10.69 12.65 13.72 10.19
ROE(%) 30.45 19.16 28.2 17.63 14.95 17.31 18.91 13.92
ROCE(%) 41.46 23.13 34.72 24.55 18.55 22.64 25.22 18.87
Receivable days 25.41 38.05 46.03 44.02 45.3 42.3 37.53 38.77
Inventory Days 47.14 68.64 79.41 70.99 73.17 68.29 62.51 68.96
Payable days 30.92 50.47 66.56 66.04 60.76 64.58 73.6 72.59
PER(x) 43.7 45.41 27.14 52.22 36.46 42.65 37.59 38.14
Price/Book(x) 7.01 8.03 7.03 8.63 5.21 6.72 6.63 5.01
Dividend Yield(%) 0.62 0.46 0.48 0.34 0.41 0.69 0.73 0.86
EV/Net Sales(x) 3.38 3.95 3.82 4.77 3.27 4.55 4.07 3.29
EV/Core EBITDA(x) 25.45 30.65 27.15 31.29 23.34 27.97 24.03 22.49
Net Sales Growth(%) 425.55 17.29 7.23 12.59 -1.61 5.85 24.07 2.01
EBIT Growth(%) 611.57 12.9 87.99 -19.57 -17.72 35.52 27 -15.37
PAT Growth(%) 915.24 30.29 74.9 -27 -4.06 31.62 25.75 -16.53
EPS Growth(%) 888.54 30.17 76.42 -27 -3.19 27.15 28.74 -16.62
Debt/Equity(x) 0 0.13 0.13 0.08 0.04 0.03 0.02 0.02
Current Ratio(x) 2.64 2.69 2.55 2.79 2.88 3.31 2.88 3.76
Quick Ratio(x) 1.27 1.34 1.49 1.56 1.74 2.25 1.91 2.56
Interest Cover(x) 29.32 17.56 49.66 34.72 29.8 56.57 61.11 35.04
Total Debt/Mcap(x) 0 0.02 0.02 0.01 0.01 0 0 0

TTK Prestige Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 70.41 70.41 70.41 70.41 70.41 70.41 70.41 70.41 70.41 70.41
FII 9.57 9.3 8.92 8.79 8.84 8.63 7.93 8 6.72 6.81
DII 13.09 13.19 13.5 13.94 13.57 13.51 13.66 13.42 14.62 14.67
Public 6.93 7.1 7.17 6.86 7.18 7.45 8.01 8.17 8.25 8.12
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 73.6 to 72.59days.
  • Company is almost debt free.

Cons

  • Stock is trading at 4.8 times its book value.

* 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.

TTK Prestige News

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