Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹7026 Cr.
Stock P/E
44.8
P/B
3.5
Current Price
₹513
Book Value
₹ 148.4
Face Value
1
52W High
₹772.8
52W Low
₹ 423.3
Dividend Yield
1.46%

TTK Prestige Overview

Business

TTK Prestige Ltd. is a leading Indian company primarily engaged in the manufacturing and marketing of kitchen and home appliances. Its core business model revolves around offering a wide range of products including pressure cookers, non-stick cookware, gas stoves, mixer grinders, induction cooktops, small domestic appliances (like toasters, kettles, blenders), and more recently, cleaning solutions and larger home solutions. The company operates predominantly on a Business-to-Consumer (B2C) model, selling its products through an extensive network of exclusive stores, multi-brand outlets, modern retail channels, and e-commerce platforms across India. It makes money by selling these products to consumers, leveraging its strong brand recall and distribution capabilities.

Revenue Mix

The company's primary revenue drivers come from its kitchen appliance portfolio, which includes:

Cookers & Cookware: Pressure cookers and various types of cookware (non-stick, aluminium, stainless steel).

Gas Stoves: LPG gas stoves.

Small Appliances: Mixer grinders, induction cooktops, toasters, kettles, blenders, electric rice cookers, etc.

Cleaning Solutions & Home Solutions: More recent additions include floor cleaning solutions, ladders, and other home utility products, expanding beyond traditional kitchenware.

While specific revenue contributions can vary, kitchen appliances (cookers, cookware, gas stoves, mixer grinders) typically form the dominant portion of sales.

Industry

TTK Prestige operates in the Indian consumer durables sector, specifically the domestic appliances industry. This industry is characterized by a mix of organized and unorganized players, with a growing shift towards organized brands driven by quality, warranty, and consumer preference. TTK Prestige is one of the market leaders in several key kitchen appliance categories (e.g., pressure cookers, non-stick cookware) in India, competing with other prominent organized players like Hawkins Cookers, Stove Kraft, Bajaj Electricals, along with a multitude of regional and international brands. Its long-standing "Prestige" brand enjoys strong recognition and trust among Indian consumers.

MOAT

Strong Brand Equity: "Prestige" is a deeply entrenched and trusted brand in Indian households, built over decades. This brand loyalty allows for premium pricing and customer retention.

Extensive Distribution Network: A robust pan-India distribution network encompassing exclusive "Prestige Smart Kitchen" stores, multi-brand outlets, modern trade, and a growing e-commerce presence provides wide reach.

Product Portfolio & Innovation: A wide and continually expanding product range under a single trusted brand, coupled with consistent new product launches, helps capture diverse consumer needs.

Scale: As one of the largest players, it benefits from economies of scale in manufacturing, procurement, and marketing, providing a cost advantage over smaller competitors.

Growth Drivers

Rising Disposable Incomes & Urbanization: Increasing discretionary spending power and the growth of nuclear families in urban and semi-urban areas drive demand for modern kitchen and home appliances.

Premiumization Trend: Consumers are increasingly upgrading from basic models to feature-rich, higher-value, and aesthetically pleasing appliances.

Shift from Unorganized to Organized: Growing consumer preference for branded products offering quality, warranty, and after-sales service continues to shift market share from the unorganized sector.

New Product Categories: Successful diversification into adjacent home solutions and cleaning products can unlock new revenue streams.

E-commerce Penetration: Growing online sales channels provide incremental reach and sales opportunities.

Risks

Intense Competition: The domestic appliances market is highly competitive with numerous organized and unorganized players, potentially leading to pricing pressures and margin erosion.

Raw Material Price Volatility: Fluctuations in prices of key raw materials like aluminium, steel, and plastics can impact manufacturing costs and profitability.

Discretionary Spending Slowdown: A general economic slowdown or inflationary pressures can reduce consumer discretionary spending, impacting sales of durable goods.

Changing Consumer Preferences & Technology: Failure to adapt to evolving consumer tastes, design trends, or technological advancements could lead to loss of market share.

Supply Chain Disruptions: Reliance on global and domestic supply chains for components and finished goods makes the company vulnerable to disruptions.

Management & Ownership

TTK Prestige is part of the TTK Group, a diversified Indian business conglomerate with a long history. The company is promoter-led, with the TTK family holding a significant stake. The management team is generally perceived as experienced and has demonstrated a consistent focus on brand building, distribution expansion, and product innovation. The ownership structure includes promoter holdings, public shareholders, and institutional investors.

Outlook

TTK Prestige is well-positioned to capitalize on India's long-term consumption growth story, driven by its strong brand equity, extensive distribution, and diversified product portfolio. The ongoing shift from unorganized to organized players, coupled with premiumization trends, offers structural tailwinds. However, the company operates in a highly competitive market, and its ability to maintain margins amidst raw material volatility and fierce competition remains crucial. Successful integration and growth from its newer home solutions segments will be key to sustaining its growth trajectory, balancing its traditional strength in kitchenware with diversification efforts.

TTK Prestige Share Price

Live · BSE / NSE · Inception: 1955
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

TTK Prestige Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 623 588 750 727 650 609 834 801 729 814
Other Income 19 21 20 17 18 17 15 17 17 17
Total Income 641 609 770 744 667 627 849 819 747 831
Total Expenditure 545 533 678 648 599 569 737 730 662 732
Operating Profit 96 76 92 96 68 58 112 89 84 99
Interest 5 4 5 4 4 4 4 4 3 4
Depreciation 17 17 17 17 19 19 19 20 23 21
Exceptional Income / Expenses 0 0 0 0 -71 0 0 -26 -2 7
Profit Before Tax 75 55 70 75 -26 35 88 40 57 81
Provision for Tax 17 14 18 18 16 10 25 8 20 22
Profit After Tax 57 41 52 57 -42 26 63 32 36 59
Adjustments 1 1 1 1 2 1 1 1 1 0
Profit After Adjustments 59 42 53 58 -41 27 64 33 37 59
Adjusted Earnings Per Share 4.2 3 3.9 4.3 -3 1.9 4.7 2.4 2.7 4.3

TTK Prestige Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 1488 1745 1871 2107 2073 2194 2722 2777 2678 2715 2974 3178
Other Income 10 7 12 25 25 29 35 46 75 76 67 66
Total Income 1498 1752 1884 2132 2098 2223 2758 2823 2753 2791 3041 3246
Total Expenditure 1301 1527 1621 1811 1807 1866 2296 2417 2373 2457 2697 2861
Operating Profit 197 225 263 321 291 357 462 406 380 334 344 384
Interest 6 11 7 8 8 6 7 10 14 17 16 15
Depreciation 21 26 26 26 37 40 44 53 64 71 81 83
Exceptional Income / Expenses -4 -4 129 0 -12 12 0 0 0 -71 -27 -21
Profit Before Tax 167 184 359 286 234 323 411 343 301 175 220 266
Provision for Tax 51 33 96 94 50 80 105 88 76 67 63 75
Profit After Tax 116 151 263 192 185 243 305 255 225 108 157 190
Adjustments 0 0 0 0 2 -6 -1 -1 3 4 4 3
Profit After Adjustments 116 151 263 192 186 237 305 254 228 112 161 193
Adjusted Earnings Per Share 8.3 10.8 19 13.9 13.4 17.1 22 18.3 16.5 8.2 11.7 14.1

TTK Prestige Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 723 854 1020 1166 1306 1505 1730 1938 2088 1879 1980
Minority's Interest 0 0 0 0 2 0 0 3 0 -4 -8
Borrowings 0 113 92 54 19 40 0 41 0 44 50
Other Non-Current Liabilities 36 42 47 47 62 71 82 109 142 130 132
Total Current Liabilities 238 281 410 384 412 422 602 496 507 479 560
Total Liabilities 997 1289 1569 1652 1801 2038 2414 2587 2737 2528 2714
Fixed Assets 330 486 490 502 572 573 597 684 722 680 675
Other Non-Current Assets 39 48 32 78 41 70 83 42 73 40 75
Total Current Assets 628 755 1047 1072 1188 1396 1734 1861 1942 1808 1964
Total Assets 997 1289 1569 1652 1801 2038 2414 2587 2737 2528 2714

TTK Prestige Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 25 27 58 69 79 53 76 58 33 32 31
Cash Flow from Operating Activities 78 94 127 94 253 289 294 199 289 157 210
Cash Flow from Investing Activities -6 -169 -3 -0 -184 -184 -221 -157 -185 204 -89
Cash Flow from Financing Activities -71 106 -113 -84 -95 -82 -91 -67 -104 -362 -116
Net Cash Inflow / Outflow 2 31 11 10 -26 23 -18 -25 -1 -1 5
Closing Cash & Cash Equivalent 27 58 69 79 53 76 58 33 32 31 36

TTK Prestige Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 8.28 10.78 19.01 13.88 13.44 17.08 21.99 18.34 16.48 8.21 11.72
CEPS(Rs) 9.77 12.62 20.86 15.79 15.95 20.41 25.22 22.22 20.9 13.05 17.34
DPS(Rs) 2.25 2.25 2.5 2.5 2 5 6 6 6 6 7.5
Book NAV/Share(Rs) 51.61 60.91 73.41 83.99 94.09 108.43 124.63 139.7 150.45 136.99 144.06
Core EBITDA Margin(%) 11.99 11.64 13.35 12.67 11.33 13.36 14.13 10.96 10.13 8.52 8.32
EBIT Margin(%) 11.08 10.41 19.52 12.62 10.32 13.39 13.83 10.73 10.49 6.33 7.09
Pre Tax Margin(%) 10.7 9.81 19.12 12.26 9.98 13.15 13.61 10.43 10.01 5.78 6.6
PAT Margin (%) 7.42 8.04 14.03 8.24 7.85 9.9 10.12 7.75 7.49 3.57 4.71
Cash Profit Margin (%) 8.76 9.42 15.4 9.37 9.41 11.52 11.58 9.36 9.63 5.91 7.14
ROA(%) 19.45 13.18 18.44 11.94 10.69 12.65 13.72 10.19 8.46 4.1 5.98
ROE(%) 30.45 19.16 28.2 17.63 14.95 17.31 18.91 13.92 11.21 5.45 8.14
ROCE(%) 41.46 23.13 34.72 24.55 18.55 22.64 25.22 18.87 15.36 9.43 11.92
Receivable days 25.41 38.05 46.03 44.02 45.3 42.3 37.53 36.75 38.02 35.06 31.33
Inventory Days 47.14 68.64 79.41 70.99 73.17 68.29 62.51 65.36 69.57 70.36 70.51
Payable days 30.92 50.47 66.56 66.04 60.76 64.58 73.6 72.59 59.24 55.5 56.79
PER(x) 43.7 45.41 27.14 52.22 36.46 42.65 37.59 38.14 40.7 72.29 36.65
Price/Book(x) 7.01 8.03 7.03 8.63 5.21 6.72 6.63 5.01 4.46 4.33 2.98
Dividend Yield(%) 0.62 0.46 0.48 0.34 0.41 0.69 0.73 0.86 0.89 1.01 1.75
EV/Net Sales(x) 3.38 3.95 3.82 4.77 3.27 4.55 4.07 3.29 3.24 2.8 1.79
EV/Core EBITDA(x) 25.45 30.65 27.15 31.29 23.34 27.97 24.03 22.49 22.84 22.77 15.46
Net Sales Growth(%) 425.55 17.29 7.23 12.59 -1.61 5.85 24.07 2.01 -3.57 1.37 9.53
EBIT Growth(%) 611.57 12.9 87.99 -19.57 -17.72 35.52 27 -15.37 -10.64 -39.35 23.33
PAT Growth(%) 915.24 30.29 74.9 -27 -4.06 31.62 25.75 -16.53 -11.62 -52.07 45.05
EPS Growth(%) 888.54 30.17 76.42 -27 -3.19 27.15 28.74 -16.62 -10.11 -50.18 42.72
Debt/Equity(x) 0 0.13 0.13 0.08 0.04 0.03 0.02 0.02 0.02 0.03 0.03
Current Ratio(x) 2.64 2.69 2.55 2.79 2.88 3.31 2.88 3.76 3.83 3.78 3.5
Quick Ratio(x) 1.27 1.34 1.49 1.56 1.74 2.25 1.91 2.56 2.74 2.5 2.3
Interest Cover(x) 29.32 17.56 49.66 34.72 29.8 56.57 61.11 35.04 21.8 11.35 14.46
Total Debt/Mcap(x) 0 0.02 0.02 0.01 0.01 0 0 0 0.01 0.01 0.01

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +10% +2% +6% +7%
Operating Profit CAGR +3% -5% -1% +6%
PAT CAGR +45% -15% -8% +3%
Share Price CAGR -19% -13% -11% +1%
ROE Average +8% +8% +12% +17%
ROCE Average +12% +12% +16% +22%

TTK Prestige Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 70.52 %
FII 7.85 %
DII (MF + Insurance) 14.7 %
Public (retail) 6.93 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 70.4170.4170.5270.5270.5270.5270.5270.5270.5270.52
FII 6.817.47.687.747.47.467.77.717.857.85
DII 14.6714.0914.2114.2514.4214.7214.9415.1414.4814.7
Public 8.128.097.597.497.667.36.846.637.166.93
Others 0000000000
Total 100100100100100100100100100100

TTK Prestige Peer Comparison

Consumer Durables - Domestic Appliances Edit Columns

TTK Prestige Quarterly Price

10-year quarterly close · BSE
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News & Updates

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TTK Prestige Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 8% over the last 3 years.
  • Debtor days have increased from 55.5 to 56.79days.
  • Stock is trading at 3.5 times its book value.
  • The company has delivered a poor profit growth of -8% over past five years.
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