TTK Prestige Ltd.
Snapshot View

8753.95 -14.40 ▼-0.2%

30 July 2021, 04:00:00 P.M.
Volume: 435

Overview View Details

Sector Consumer Durables Compare with Sector peers
Industry Consumer Durables - Domestic Appliances Compare with Industry peers
Website http://www.ttkprestige.com
Financial Indicators
Market Cap 12,151.85 Cr.
Earnings per share (EPS) 191.11 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 45.78 Trailing Twelve Months Ending 2021-06
Industry PE 54.61 Trailing Twelve Months Ending 2021-06
Book Value / Share 1,104.12 Trailing Twelve Months Ending 2021-06
Price to Book Value 7.92 Calculated using Price: 8,749.45
Dividend Yield 0.57 Period Ending 2021-03
No. of Shares Subscribed 1.39 Cr. 13,888,703 Shares
FaceValue 10
Company Profile

It was in the year 1928 that T T Krishnamachari, the first finance minister of India. founded TTK Prestige, one of the oldest business houses in the country today. Having initially pioneered and established a network of distribution, TTK Prestige moved to manufacturing, post-independence. Being a dynamic and fast growing company, it soon became the leading manufacture of Pressure cookers in India and offered the most comprehensive range of kitchenware in the world.

One of the main reasons why TTK attained its ‘leadership’ status is because it epitomised quality at an affordable price. It innovated and explored new business categories, all the while keeping its Indian identity intact. A company built on the foundation of trust, transparency and knowledge; TTK has grown to an impressive size today. It’s a 6000-crore group with 15 manufacturing units and 5000 employees. With products and facilities that enjoy international accreditations, TTK enjoys a presence in over 4,00,000 retail outlets across the country. Pressure cookers, toys, condoms, ready to fry foods; ball pens and cartography encompass some of the products TTK pioneers and deals in. And of course, it also has a strong business presence abroad and is associated with international organizations like SSL, Sara Lee, Dupont etc.

Setting up a manufacturing facility in Bangalore in 1949 kick-started the success saga that continues to grow more distinct by the day. Through the years, Prestige has always initiated numerous manufacturing and marketing innovations; be it something as unconventional as dropping pamphlets from a helicopter in the fifties or the popular “Exchange Schemes”, which have become the order of the day today, Prestige continues to give customers complete value for money.

In the 1990s Prestige introduced Manttra, targeting people abroad whose cuisine was compatible with pressure-cooking. It was well received. With leading chain stores like Macy’s, Target, Kohl, Walmart, K-mart and Sears stocking the brand, Prestige ensured that pressure-cooking as a concept came back into practice in the US. Continually adding more feathers to its hat, Prestige is getting bigger than ever. With strategic planning and sound market knowledge, today Prestige is truly an unstoppable force.

Prestige always stands for maximum value for money. The brand believes in this maxim to the core and it is visible in all its promotional campaigns A look at Prestige’s campaigns reveals a succession of innovative promotions. Their communications can clearly be differentiated from any other. Whether it was the ‘Jo Biwi se kare pyaar, voh Prestige se kaise kare inkaar’ commercial or the ‘first floor second floor’ or the ‘Muh khula, muh bandh’ television commercials, every advertisement has stood out in the crowd. Promotional campaigns like ‘happy exchanges offer’ have won regional awards. In fact, did you know Prestige pioneered the concept of ‘exchange’ in the kitchenware category in India and the rest followed.

Out of the box product and cutting edge television commercials have worked out very well for the brand and its promotions. Campaigns for Exchange Offers like ‘idhu eppadi irukku’ have increased the sales and also got lots of appreciation for the brand during the lean months.

These clever promotions helped media latch on to the concept and consumers started looking forward to these promotional activities year after year. There are many more, the latest being the ‘exchange anything for anything’ offer. An all- new concept, this offer promises the consumer complete freedom of choice. This enables the consumer to exchange any old kitchen product for any new Prestige product. This promotion excited the consumers as it was to their comfort and broke all rules.

One of the greatest recent achievements for Prestige is its entry into the non-south market. Having done its research, Prestige introduced an innovative cooker like the colourful Pressure Handis that compliment their style of cooking. Prestige is making its presence felt in the non-south market as well.

One Prestige Pressure Cooker gets sold in India every thirty seconds. Prestige added over 2.8 million customers in the year 2005-06, the largest in the industry till date. The company has the widest distribution network across the country in the kitchen appliances category. All pioneering efforts in this industry such as the introduction of the Pressure pan, Pressure Handi, Pressure Kadai, Metal spoon friendly cookware, Duplex gas stoves, Lifetime free service on mixer grinders were launched by Prestige  Prestige was also the pioneer in launching unique display contests for its dealers, with contests such as the “Display contest - Go for Gold”. The Duplex gas stove commercial created such an impact that people walked into Prestige Smart Kitchen outlets, asking for ‘first floor-second floor’ gas stoves.

Product range of the company includes:

  • Pressure Cooker
  • Deluxe, Popular, Money Saver, Nakshatra
  • Pressure Handi Deluxe, Nakshatra, Baby Handi
  • Pressure kadai Non-Stick Cookware, Omega select, Omega Die-Cast, Omega Deluxe
  • Elec. Appliances Mixer Grinders, Juicer Mixer Grinder, Rice Cookers, Champion Food Processors(M), Oven Toaster Griller, Irons, DryIrons, Steam Irons, Kettles, Sandwich Toaster, Pop-up Toaster, Hand Blender, Wet Grinder
  • 6 Gas & Glass Tops Conventional, Royale, Glass Tops
  • Microwaves, Hoods & Hobs Kitchen Accessories, Knife Sets, Kitchen Tools, Barbeque

Milestones & Achievements :

  • Prestige went right ahead and launched the Gasket release system that revolutionised the cooker category.
  • Deluxe was India’s first pressure cooker with the unique Pressure Indicator that serves as a visual confirmation when it was safe to open the cooker.
  • The launch of Prestige Omega and Omega Select - India’s first Metal spoon friendly non-stick cookware was another breakthrough and an unrivalled success.
  • Prestige was the first cooker company to offer a ten-year warranty on its Euroclad base pressure cookers as well as the first to offer lifetime free service on its range of mixer grinders.
  • Prestige was the first to come up with a host of innovations in consumer marketing in this industry with offers such as “On the spot exchange schemes”, “Exchange Anything for Anything offers”, etc.
  • All path breaking safety features in pressure cookers were introduced by Prestige – the Gasket Release System (GRS), the Gasket Offset Device (GOD), the Pressure Indicator (PI) and the Resettable Safety Device (RSD) .
  • TTK Prestige became the No.1 brand and market leader in India through 18,000 outlets serviced through a nationwide servicing network.
  • It is the first kitchenware company in India to receive the ISO 9001:2000 certification.
  • It is the first kitchenware company in India certified by international standards such as UL-USA and PED/CE certification by TUV, Germany.
  • 2010TTK Prestige Announces e-Commerce Alliance with Infibeam.com.The Company is launching a whole new range of pressure cookers and cookware with induction base using dedicated imported machinery.TTK Prestige - Launch of Microwave Pressure Cooker.TTK Prestige - Launch of New Range of Inner Lid Pressure Cookers - Prestige Apple.
  • 2012-13Superbrand AwardExcellence In Improving Performance Through LeadershipCorporate Leader AwardThought Leaders International AwardRetail And Lifestyle Leadership AwardMaster Brand AwardRetail Excellence AwardReaders Digest Trusted Brand AwardMost Preferred Kitchenware Brand AwardPower Brand Award
  • 2013- TTK Prestige L - Canadian Patent for Microwave Pressure Cooker
    • TTK Prestige sign Bollywoods top celebrity power couple Aishwarya Rai Bachchan & Abhishek Bachchan as brand ambassadors
    • TTK Prestige announces landmark achievement of 10 years & 500 stores of Prestige Smart Kitchen.
    • SAB TV partners with Prestige to launch 'Jo Biwi Se Kare Pyaar
    2014
    • TTK Prestige, India's No. 1 kitchen appliances company launches its latest product, a water purifier that only gives you Pure water. The trusted brand of generations, has partnered with Lifestraw SA, a renowned Swiss company for providing a state-of-art technology for the water purifier - Prestige LifeStraw.
    • New products launched by India’s No. 1 Kitchen Products Company, TTK Prestige.
    2015
    • TTK Prestige Ltd TPM Award by Japan Institute of Plant Maintenance
    2016
    • 'TTK Prestige Ltd, India Acquires Horwood Homewares Limited in UK' -''Award by Industrial Designers Society of America for the Company's Product - Hobtop Gas Stove.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.16%
1 Week
-5.48%
1 Month
-6.51%
3 Month
+18.15%
6 Month
+46.41%
1 Year
+63.82%
2 Year
+67.46%
5 Year
+104.16%
9 years 2005-03 2006-03 2007-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 15.66 25.60 32.68 30.45 19.16 28.20 17.63 14.95 16.87
Return on Capital Employed (%) 11.77 20.63 24.21 41.46 23.13 34.72 24.55 18.55 22.22
Return on Assets (%) 2.76 5.10 6.74 19.45 13.18 18.44 11.94 10.69 12.33

Balance Sheet View Details

Particulars 9 years 2005-03 Rs. Cr. 2006-03 Rs. Cr. 2007-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 42 46 54 723 854 1,020 1,166 1,306 1,505
Non Curr. Liab. 66 58 77 36 155 139 102 81 111
Curr. Liab. 36 42 62 238 281 410 384 412 422
Minority Int. 2
Equity & Liab. 145 146 192 997 1,289 1,569 1,652 1,801 2,038
Non Curr. Assets 29 28 38 369 534 522 580 613 642
Curr. Assets 104 106 142 628 755 1,047 1,072 1,188 1,396
Misc. Exp. not W/O 12 12 12
Total Assets 145 146 192 997 1,289 1,569 1,652 1,801 2,038

Profit Loss View Details

Particulars 9 years 2005-03 Rs. Cr. 2006-03 Rs. Cr. 2007-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 185 225 283 1,488 1,745 1,871 2,107 2,073 2,190
Other Income 3 2 1 10 7 12 25 25 29
Total Income 188 227 284 1,498 1,752 1,884 2,132 2,098 2,219
Total Expenditure -174 -206 -257 -1,301 -1,527 -1,621 -1,811 -1,807 -1,868
PBIDT 14 21 26 197 225 263 321 291 351
Interest -8 -7 -8 -6 -11 -7 -8 -8 -6
Depreciation -2 -2 -2 -21 -26 -26 -26 -37 -40
Taxation 0 -5 -5 -51 -33 -96 -94 -50 -80
Exceptional Items -4 -4 129 -12 12
PAT 4 7 11 116 151 263 192 185 237

Cash Flow View Details

Particulars 6 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 78 94 127 94 253 282
Cash Fr. Inv. -6 -169 -3 0 -184 -177
Cash Fr. Finan. -71 106 -113 -84 -95 -82
Net Change 2 31 11 10 -26 23
Cash & Cash Eqvt 27 58 69 79 53 76

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 70.41 70.41 70.41 70.41 70.41 70.41 70.41 70.41 70.41
Public 29.59 29.59 29.59 29.59 29.59 29.59 29.59 29.59 29.59
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 29 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Outcome of the Analyst/Investor Meet held on 27.7.2021
Tue, 27 Jul 2021
Approval Of Un-Audited Financial Results For The First Quarter Ended 30Th June 2021
Approval of Un-audited Financial Results for the first quarter ended 30th June 2021
Tue, 27 Jul 2021
Approval Of Un-Audited Financial Results For The First Quarter Ended 30Th June 2021
Approval of Un-audited Financial Results for the first quarter ended 30th June 2021

Technical Scans View Details

Fri, 30 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Close Within 5 Year High Zone Close Within 5 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Honeywell Automation India Ltd. 37,775.19 42,700.00 -0.7%
Voltas Ltd. 35,052.27 1,059.35 +2.8%
Crompton Greaves Consumer Electricals Ltd. 30,450.80 485.00 +2.9%
Whirlpool Of India Ltd. 27,911.17 2,199.95 +2.8%
Dixon Technologies (India) Ltd. 25,190.39 4,300.95 +1.6%
Bajaj Electricals Ltd. 13,230.15 1,154.10 +1.0%
Amber Enterprises India Ltd. 10,082.18 2,992.30 +0.4%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Honeywell Automation India Ltd. Standalone 2021-03 82.11 42,700.00 -0.7%
Voltas Ltd. Consolidated 2021-03 66.75 1,059.35 +2.8%
Crompton Greaves Consumer Electricals Ltd. Consolidated 2021-06 47.83 485.00 +2.9%
Whirlpool Of India Ltd. Consolidated 2021-03 79.33 2,199.95 +2.8%
Dixon Technologies (India) Ltd. Consolidated 2021-06 142.83 4,300.95 +1.6%
Bajaj Electricals Ltd. Consolidated 2021-03 69.43 1,154.10 +1.0%
Amber Enterprises India Ltd. Consolidated 2021-03 123.57 2,992.30 +0.4%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Honeywell Automation India Ltd. Standalone 2021-03 14.69 42,700.00 -0.7%
Voltas Ltd. Consolidated 2021-03 7.02 1,059.35 +2.8%
Crompton Greaves Consumer Electricals Ltd. Consolidated 2021-06 16.34 485.00 +2.9%
Whirlpool Of India Ltd. Consolidated 2021-03 9.96 2,199.95 +2.8%
Dixon Technologies (India) Ltd. Consolidated 2021-06 33.34 4,300.95 +1.6%
Bajaj Electricals Ltd. Consolidated 2021-03 8.45 1,154.10 +1.0%
Amber Enterprises India Ltd. Consolidated 2021-03 6.29 2,992.30 +0.4%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Honeywell Automation India Ltd. Standalone 2021-03 0.00 42,700.00 -0.7%
Voltas Ltd. Consolidated 2020-03 0.05 1,059.35 +2.8%
Crompton Greaves Consumer Electricals Ltd. Consolidated 2021-03 0.27 485.00 +2.9%
Whirlpool Of India Ltd. Consolidated 2021-03 0.00 2,199.95 +2.8%
Dixon Technologies (India) Ltd. Consolidated 2020-03 0.16 4,300.95 +1.6%
Bajaj Electricals Ltd. Consolidated 2021-03 0.30 1,154.10 +1.0%
Amber Enterprises India Ltd. Consolidated 2020-03 0.33 2,992.30 +0.4%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Honeywell Automation India Ltd. Standalone 2021-03 19.40 42,700.00 -0.7%
Voltas Ltd. Consolidated 2020-03 14.06 1,059.35 +2.8%
Crompton Greaves Consumer Electricals Ltd. Consolidated 2021-03 39.84 485.00 +2.9%
Whirlpool Of India Ltd. Consolidated 2021-03 12.54 2,199.95 +2.8%
Dixon Technologies (India) Ltd. Consolidated 2020-03 26.41 4,300.95 +1.6%
Bajaj Electricals Ltd. Consolidated 2021-03 13.02 1,154.10 +1.0%
Amber Enterprises India Ltd. Consolidated 2020-03 15.53 2,992.30 +0.4%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Honeywell Automation India Ltd. Standalone 2021-03 26.37 42,700.00 -0.7%
Voltas Ltd. Consolidated 2020-03 18.70 1,059.35 +2.8%
Crompton Greaves Consumer Electricals Ltd. Consolidated 2021-03 36.26 485.00 +2.9%
Whirlpool Of India Ltd. Consolidated 2021-03 17.21 2,199.95 +2.8%
Dixon Technologies (India) Ltd. Consolidated 2020-03 34.20 4,300.95 +1.6%
Bajaj Electricals Ltd. Consolidated 2021-03 14.81 1,154.10 +1.0%
Amber Enterprises India Ltd. Consolidated 2020-03 17.08 2,992.30 +0.4%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Honeywell Automation India Ltd. Standalone 2021-03 3,042.78 42,700.00 -0.7%
Voltas Ltd. Consolidated 2020-03 7,658.08 1,059.35 +2.8%
Crompton Greaves Consumer Electricals Ltd. Consolidated 2021-03 4,803.51 485.00 +2.9%
Whirlpool Of India Ltd. Consolidated 2021-03 5,899.89 2,199.95 +2.8%
Dixon Technologies (India) Ltd. Consolidated 2020-03 4,400.12 4,300.95 +1.6%
Bajaj Electricals Ltd. Consolidated 2021-03 4,584.60 1,154.10 +1.0%
Amber Enterprises India Ltd. Consolidated 2020-03 3,962.79 2,992.30 +0.4%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Honeywell Automation India Ltd. Standalone 2021-03 460.04 42,700.00 -0.7%
Voltas Ltd. Consolidated 2020-03 589.75 1,059.35 +2.8%
Crompton Greaves Consumer Electricals Ltd. Consolidated 2021-03 616.65 485.00 +2.9%
Whirlpool Of India Ltd. Consolidated 2021-03 333.27 2,199.95 +2.8%
Dixon Technologies (India) Ltd. Consolidated 2020-03 120.50 4,300.95 +1.6%
Bajaj Electricals Ltd. Consolidated 2021-03 188.96 1,154.10 +1.0%
Amber Enterprises India Ltd. Consolidated 2020-03 164.14 2,992.30 +0.4%