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The revenue slipped marginally during the December 2019 quarter. A decline of about Rs. 5460.70 millions was observed as compared to Rs. 5520.30 millions during the corresponding quarter last year.Net profit stood at Rs. 609.10 millions compared to Rs. 568.40 millions in the corresponding previous quarter,high by 7.16%.A decline of 887.30 millions was observed in the OP in the quarter ended December 2019 from 918.90 millions on QoQ basis. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 5460.70 5520.30 -1.08 15532.60 15231.70 1.98 19680.20 17464.50 12.69 Other Income 57.00 66.00 -13.64 182.90 177.20 3.22 256.00 137.10 86.73 PBIDT 887.30 918.90 -3.44 2440.70 2394.50 1.93 3114.80 2485.40 25.32 Interest 7.30 5.30 37.74 17.60 15.00 17.33 19.10 17.40 9.77 PBDT 880.00 913.60 -3.68 2423.10 2379.50 1.83 3095.70 3757.60 -17.61 Depreciation 89.50 65.10 37.48 244.60 192.60 27.00 260.00 251.40 3.42 PBT 790.50 848.50 -6.84 2178.50 2186.90 -0.38 2835.70 3506.20 -19.12 TAX 181.40 280.10 -35.24 401.90 721.80 -44.32 932.60 937.50 -0.52 Deferred Tax -0.40 11.40 -103.51 -119.90 29.30 -509.22 27.10 29.70 -8.75 PAT 609.10 568.40 7.16 1776.60 1465.10 21.26 1903.10 2568.70 -25.91 Equity 138.80 115.60 20.07 138.80 115.60 20.07 115.60 115.60 0.00 PBIDTM(%) 16.25 16.65 -2.38 15.71 15.72 -0.05 15.83 14.23 11.21
TTK Prestige is currently trading at Rs. 5621.00, up by 66.50 points or 1.20% from its previous closing of Rs. 5554.50 on the BSE.The scrip opened at Rs. 5604.95 and has touched a high and low of Rs. 5640.00 and Rs. 5588.25 respectively. The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 7,738.57 on 06-Mar-2019 and a 52 week low of Rs. 5046.65 on 31-Jul-2019.Last one week high and low of the scrip stood at Rs. 5782.70 and Rs. 5496.35 respectively. The current market cap of the company is Rs. 7833.23 crore.The promoters holding in the company stood at 70.41%, while Institutions and Non-Institutions held 18.92% and 10.67% respectively.TTK Prestige is aiming to double its turnover by FY 2024-25. The firm, whose growth rate has come down to single digit, is aiming to get back to its double-digit growth journey again across the segments, such as pressure cooker, cookware, gas stoves, rice cookers and induction cooktops. Besides, the company has plans to expand its distribution network further and expects higher sales from fast-growing online channels.TTK Prestige is the leading manufacturer of Pressure cookers in India and offers the most comprehensive range of kitchenware in the world. One of the greatest recent achievements for Prestige is their entry into the non-south market.
The Total revenue for the quarter ended June 2019 of Rs. 4336.00 millions remain, more or less, the same.Profit after tax improved marginally to Rs. 364.70 millions for the quarter ended June 2019 from Rs. 359.00 millions of corresponding previous quarter.OP of the company witnessed a marginal growth to 626.50 millions from 601.50 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 4336.00 4188.70 3.52 4336.00 4188.70 3.52 19680.20 17464.50 12.69 Other Income 63.80 46.80 36.32 63.80 46.80 36.32 256.00 137.10 86.73 PBIDT 626.50 601.50 4.16 626.50 601.50 4.16 3114.80 2485.40 25.32 Interest 3.80 3.10 22.58 3.80 3.10 22.58 19.10 17.40 9.77 PBDT 622.70 598.40 4.06 622.70 598.40 4.06 3095.70 3757.60 -17.61 Depreciation 70.70 62.50 13.12 70.70 62.50 13.12 260.00 251.40 3.42 PBT 552.00 535.90 3.00 552.00 535.90 3.00 2835.70 3506.20 -19.12 TAX 187.30 176.90 5.88 187.30 176.90 5.88 932.60 937.50 -0.52 Deferred Tax 5.30 7.20 -26.39 5.30 7.20 -26.39 27.10 29.70 -8.75 PAT 364.70 359.00 1.59 364.70 359.00 1.59 1903.10 2568.70 -25.91 Equity 138.60 115.60 19.90 138.60 115.60 19.90 115.60 115.60 0.00 PBIDTM(%) 14.45 14.36 0.62 14.45 14.36 0.62 15.83 14.23 11.21
A fair growth of 20.54% in the revenue at Rs. 5520.30 millions was reported in the December 2018 quarter as compared to Rs. 4579.70 millions during year-ago period.A good growth in profit of 30.16% reported to Rs. 568.40 millions over Rs. 436.70 millions of corresponding previous quarter.Operating profit for the quarter ended December 2018 rose to 918.90 millions as compared to 701.20 millions of corresponding quarter ended December 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 5520.30 4579.70 20.54 15231.70 13300.90 14.52 17464.50 16036.40 8.91 Other Income 66.00 36.50 80.82 177.20 78.70 125.16 137.10 67.40 103.41 PBIDT 918.90 701.20 31.05 2394.50 1848.60 29.53 2485.40 2016.50 23.25 Interest 5.30 4.60 15.22 15.00 14.00 7.14 17.40 51.30 -66.08 PBDT 913.60 696.60 31.15 2379.50 3124.20 -23.84 3757.60 1982.90 89.50 Depreciation 65.10 61.80 5.34 192.60 185.60 3.77 251.40 253.00 -0.63 PBT 848.50 634.80 33.66 2186.90 2938.60 -25.58 3506.20 1729.90 102.68 TAX 280.10 198.10 41.39 721.80 740.30 -2.50 937.50 299.90 212.60 Deferred Tax 11.40 3.20 256.25 29.30 17.80 64.61 29.70 88.60 -66.48 PAT 568.40 436.70 30.16 1465.10 2198.30 -33.35 2568.70 1430.00 79.63 Equity 115.60 115.60 0.00 115.60 116.60 -0.86 115.60 116.60 -0.86 PBIDTM(%) 16.65 15.31 8.72 15.72 13.90 13.11 14.23 12.57 13.17
The September 2018 quarter revenue stood at Rs. 5522.70 millions, up 7.31% as compared to Rs. 5146.60 millions during the corresponding quarter last year.Net Profit recorded in the quarter ended September 2018 rise to 28.36% to Rs. 537.70 millions compared to R. 418.90 millions in corresponding previous quarter.Operating profit for the quarter ended September 2018 rose to 874.10 millions as compared to 680.50 millions of corresponding quarter ended September 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201803 201703 % Var Sales 5522.70 5146.60 7.31 9711.40 8721.20 11.35 17464.50 16036.40 8.91 Other Income 64.40 22.30 188.79 111.20 42.20 163.51 137.10 67.40 103.41 PBIDT 874.10 680.50 28.45 1475.60 1147.40 28.60 2485.40 2016.50 23.25 Interest 6.60 4.90 34.69 9.70 9.40 3.19 17.40 51.30 -66.08 PBDT 867.50 675.60 28.40 1465.90 2427.60 -39.62 3757.60 1982.90 89.50 Depreciation 65.00 61.80 5.18 127.50 123.80 2.99 251.40 253.00 -0.63 PBT 802.50 613.80 30.74 1338.40 2303.80 -41.90 3506.20 1729.90 102.68 TAX 264.80 194.90 35.86 441.70 542.20 -18.54 937.50 299.90 212.60 Deferred Tax 10.70 2.00 435.00 17.90 14.60 22.60 29.70 88.60 -66.48 PAT 537.70 418.90 28.36 896.70 1761.60 -49.10 2568.70 1430.00 79.63 Equity 115.60 115.60 0.00 115.60 116.60 -0.86 115.60 116.60 -0.86 PBIDTM(%) 15.83 13.22 19.70 15.19 13.16 15.49 14.23 12.57 13.17
The Revenue for the quarter ended June 2018 of Rs. 4188.70 millions grew by 17.18 % from Rs. 3574.60 millions.The Net Profit of the company slipped to Rs. 359.00 millions from Rs. 1342.70 millions, a decline of -73.26% on QoQ basis.Operating Profit saw a handsome growth to 601.50 millions from 466.90 millions in the quarter ended June 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 4188.70 3574.60 17.18 4188.70 3574.60 17.18 17464.50 16036.40 8.91 Other Income 46.80 19.90 135.18 46.80 19.90 135.18 137.10 67.40 103.41 PBIDT 601.50 466.90 28.83 601.50 466.90 28.83 2485.40 2016.50 23.25 Interest 3.10 4.50 -31.11 3.10 4.50 -31.11 17.40 51.30 -66.08 PBDT 598.40 1752.00 -65.84 598.40 1752.00 -65.84 3757.60 1982.90 89.50 Depreciation 62.50 62.00 0.81 62.50 62.00 0.81 251.40 253.00 -0.63 PBT 535.90 1690.00 -68.29 535.90 1690.00 -68.29 3506.20 1729.90 102.68 TAX 176.90 347.30 -49.06 176.90 347.30 -49.06 937.50 299.90 212.60 Deferred Tax 7.20 12.60 -42.86 7.20 12.60 -42.86 29.70 88.60 -66.48 PAT 359.00 1342.70 -73.26 359.00 1342.70 -73.26 2568.70 1430.00 79.63 Equity 115.60 116.60 -0.86 115.60 116.60 -0.86 115.60 116.60 -0.86 PBIDTM(%) 14.36 13.06 9.94 14.36 13.06 9.94 14.23 12.57 13.17
The revenue zoomed 13.77% to Rs. 4163.60 millions for the quarter ended March 2018 as compared to Rs. 3659.80 millions during the corresponding quarter last year.Net profit of the cmpany stood at Rs. 370.40 millions for the quarter ended March 2018 a decline of -31.01% from Rs. 536.90 millions in the same quarter last year.Operating profit surged to 636.80 millions from the corresponding previous quarter of 476.50 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201803 201703 % Var 201803 201703 % Var 201803 201703 % Var Sales 4163.60 3659.80 13.77 17464.50 16036.40 8.91 17464.50 16036.40 8.91 Other Income 58.40 16.00 265.00 137.10 67.40 103.41 137.10 67.40 103.41 PBIDT 636.80 476.50 33.64 2485.40 2016.50 23.25 2485.40 2016.50 23.25 Interest 3.40 10.20 -66.67 17.40 51.30 -66.08 17.40 51.30 -66.08 PBDT 633.40 507.80 24.73 3757.60 1982.90 89.50 3757.60 1982.90 89.50 Depreciation 65.80 90.50 -27.29 251.40 253.00 -0.63 251.40 253.00 -0.63 PBT 567.60 417.30 36.02 3506.20 1729.90 102.68 3506.20 1729.90 102.68 TAX 197.20 -119.60 -264.88 937.50 299.90 212.60 937.50 299.90 212.60 Deferred Tax 11.90 59.90 -80.13 29.70 88.60 -66.48 29.70 88.60 -66.48 PAT 370.40 536.90 -31.01 2568.70 1430.00 79.63 2568.70 1430.00 79.63 Equity 115.60 116.60 -0.86 115.60 116.60 -0.86 115.60 116.60 -0.86 PBIDTM(%) 15.29 13.02 17.47 14.23 12.57 13.17 14.23 12.57 13.17
The revenue zoomed 6.95% to Rs. 4579.70 millions for the quarter ended December 2017 as compared to Rs. 4282.00 millions during the corresponding quarter last year.An average growth of 46.94% was recorded for the quarter ended December 2017 to Rs. 436.70 millions from Rs. 297.20 millions.OP of the company witnessed a marginal growth to 701.20 millions from 504.20 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 4579.70 4282.00 6.95 13300.90 12375.20 7.48 16036.40 14879.30 7.78 Other Income 36.50 18.30 99.45 78.70 52.80 49.05 67.40 103.70 -35.00 PBIDT 701.20 504.20 39.07 1848.60 1540.00 20.04 2016.50 1932.70 4.34 Interest 4.60 9.30 -50.54 14.00 41.10 -65.94 51.30 18.40 178.80 PBDT 696.60 494.90 40.76 3124.20 1475.10 111.80 1982.90 1876.90 5.65 Depreciation 61.80 56.00 10.36 185.60 162.50 14.22 253.00 208.90 21.11 PBT 634.80 438.90 44.63 2938.60 1312.60 123.88 1729.90 1668.00 3.71 TAX 198.10 141.70 39.80 740.30 419.50 76.47 299.90 511.70 -41.39 Deferred Tax 3.20 10.50 -69.52 17.80 28.70 -37.98 88.60 31.60 180.38 PAT 436.70 297.20 46.94 2198.30 893.10 146.14 1430.00 1156.30 23.67 Equity 115.60 116.50 -0.77 116.60 116.50 0.09 116.60 116.50 0.09 PBIDTM(%) 15.31 11.77 30.03 13.90 12.44 11.68 12.57 12.99 -3.19
TTK Prestige is currently trading at Rs. 7054.50, up by 24.30 points or 0.35% from its previous closing of Rs. 7030.20 on the BSE.The scrip opened at Rs. 7100.00 and has touched a high and low of Rs. 7100.00 and Rs. 7031.15 respectively. The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 7116.05 on 08-Dec-2017 and a 52 week low of Rs. 5211.15 on 08-Dec-2016.Last one week high and low of the scrip stood at Rs. 7116.05 and Rs. 6498.00 respectively. The current market cap of the company is Rs. 8,191.00 crore.The promoters holding in the company stood at 70.39%, while Institutions and Non-Institutions held 19.62% and 9.99% respectively.TTK Prestige’s Prestige Clean Home division has launched India`s first domestic electric mop and a new range of water purifiers. The new range of water purifiers have been designed to combine the best of Indian tradition with modern technology. The new launches will expand the TTK Prestige brand width and help tap into an entirely new segment of consumers. The mop is easy on the user and can Sweep, Scrub and Mop simultaneously. It doesn`t require repeated rinsing in the same bucket water that becomes dirtier with every dip. The mop comes with a water dispenser bottle attached to it that effectively uses clean water for every stroke and deep cleans the floor. The electric mop is priced at Rs 8995.The new range of `Tatva` water purifiers is available in multiple configurations of the kind that is not currently available among branded players— Copper, a combination of Stainless steel and Copper, Stainless steel, Brass and Earthen pot. Using Fibrillated Adsorbent Cellulose Technology (FACT) Tatva purifiers remove 99.9 percent of bacteria, viruses and cysts. The ergonomically-designed purifier uses three-stage filtration with chemical-free Log 6:4:3 purification technology. Tatva can purify 9 litres of water every hour and meets the US EPA standards.TTK Prestige is India’s largest kitchen appliances company and is one of the Top 500 listed entities in India with a market cap of half-a-billion GBP.
The company witnessed a 11.10% growth in the revenue at Rs. 5146.60 millions for the quarter ended September 2017 as compared to Rs. 4632.20 millions during the year-ago period.The Company has registered profit of Rs. 418.90 millions for the quarter ended September 2017, a growth of 18.37% over Rs. 353.90 millions millions achieved in the corresponding quarter of last year.Operating profit surged to 680.50 millions from the corresponding previous quarter of 585.10 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201709 201609 % Var 201709 201609 % Var 201703 201603 % Var Sales 5146.60 4632.20 11.10 8721.20 8093.20 7.76 16036.40 14879.30 7.78 Other Income 22.30 16.70 33.53 42.20 34.50 22.32 67.40 103.70 -35.00 PBIDT 680.50 585.10 16.30 1147.40 1035.80 10.77 2016.50 1932.70 4.34 Interest 4.90 15.00 -67.33 9.40 31.80 -70.44 51.30 18.40 178.80 PBDT 675.60 570.10 18.51 2427.60 980.20 147.66 1982.90 1876.90 5.65 Depreciation 61.80 53.30 15.95 123.80 106.50 16.24 253.00 208.90 21.11 PBT 613.80 516.80 18.77 2303.80 873.70 163.68 1729.90 1668.00 3.71 TAX 194.90 162.90 19.64 542.20 277.80 95.18 299.90 511.70 -41.39 Deferred Tax 2.00 7.00 -71.43 14.60 18.20 -19.78 88.60 31.60 180.38 PAT 418.90 353.90 18.37 1761.60 595.90 195.62 1430.00 1156.30 23.67 Equity 115.60 116.50 -0.77 116.60 116.50 0.09 116.60 116.50 0.09 PBIDTM(%) 13.22 12.63 4.68 13.16 12.80 2.80 12.57 12.99 -3.19
TTK Prestige is currently trading at Rs. 6355.00, up by 33.80 points or 0.53% from its previous closing of Rs. 6321.20 on the BSE.The scrip opened at Rs. 6318.80 and has touched a high and low of Rs. 6355.00 and Rs. 6290.05 respectively. So far 10 shares were traded on the counter.The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 6824.35 on 09-Jun-2017 and a 52 week low of Rs. 4750.00 on 26-Sep-2016.Last one week high and low of the scrip stood at Rs. 6394.95 and Rs. 6230.10 respectively. The current market cap of the company is Rs. 7345.09 crore.The promoters holding in the company stood at 70.31%, while Institutions and Non-Institutions held 19.61% and 10.07% respectively.TTK Prestige is eyeing double-digit growth this festive season and expects it to contribute over 30% to the overall sales this fiscal. The company will focus on North market which sees a huge spike in sales during Dusshera and Diwali.The online channel currently contributes around 7 to 8 percent of the total sales and the company expects this retail channel to become stronger in future. The company will also be launching new products in water purifier segment.TTK Prestige is India’s largest kitchen appliances company and is one of the Top 500 listed entities in India with a market cap of half-a-billion GBP.
TTK Prestige is currently trading at Rs. 6358.50, up by 47.10 points or 0.75% from its previous closing of Rs. 6311.40 on the BSE.The scrip opened at Rs. 6250.05 and has touched a high and low of Rs. 6358.50 and Rs. 6250.00 respectively. So far 513 shares were traded on the counter.The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 6824.35 on 09-Jun-2017 and a 52 week low of Rs. 4750.00 on 26-Sep-2016.Last one week high and low of the scrip stood at Rs. 6394.95 and Rs. 6230.10 respectively. The current market cap of the company is Rs. 7371.86 crore.The promoters holding in the company stood at 70.31%, while Institutions and Non-Institutions held 19.61% and 10.07% respectively.TTK Prestige is eyeing double-digit growth this festive season and expects it to contribute over 30% to the overall sales this fiscal. The company will focus on North market which sees a huge spike in sales during Dusshera and Diwali.The online channel currently contributes around 7 to 8 percent of the total sales and the company expects this retail channel to become stronger in future. The company will also be launching new products in water purifier segment.TTK Prestige is India’s largest kitchen appliances company and is one of the Top 500 listed entities in India with a market cap of half-a-billion GBP.