BSE:517506

Stock Analysis Report

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Executive Summary

TTK Prestige Limited, together with its subsidiaries, manufactures and markets kitchen and home appliances in India and internationally. More Details

Rewards

Earnings are forecast to grow 24.52% per year

Risk Analysis

No risks detected for 517506 from our risk checks.


Snowflake Analysis

Excellent balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has TTK Prestige's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 517506 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.1%

517506

0.08%

IN Consumer Durables

-1.3%

IN Market


1 Year Return

-8.3%

517506

4.4%

IN Consumer Durables

-2.5%

IN Market

Return vs Industry: 517506 underperformed the Indian Consumer Durables industry which returned 4.4% over the past year.

Return vs Market: 517506 underperformed the Indian Market which returned -2.5% over the past year.


Shareholder returns

517506IndustryMarket
7 Day-1.1%0.08%-1.3%
30 Day-6.5%-1.0%1.6%
90 Day-1.6%10.1%6.0%
1 Year-7.9%-8.3%4.9%4.4%-0.7%-2.5%
3 Year6.3%4.7%8.1%6.5%-4.5%-9.2%
5 Year71.8%67.5%59.9%56.0%39.6%29.1%

Price Volatility Vs. Market

How volatile is TTK Prestige's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is TTK Prestige undervalued compared to its fair value and its price relative to the market?

54.53x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 517506 (₹5714.5) is trading above our estimate of fair value (₹779.21)

Significantly Below Fair Value: 517506 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 517506 is poor value based on its PE Ratio (54.5x) compared to the IN Consumer Durables industry average (27.9x).

PE vs Market: 517506 is poor value based on its PE Ratio (54.5x) compared to the Indian market (16x).


Price to Earnings Growth Ratio

PEG Ratio: 517506 is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: 517506 is overvalued based on its PB Ratio (6.1x) compared to the IN Consumer Durables industry average (1.2x).


Next Steps

Future Growth

How is TTK Prestige forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

24.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 517506's forecast earnings growth (24.5% per year) is above the savings rate (7.2%).

Earnings vs Market: 517506's earnings (24.5% per year) are forecast to grow slower than the Indian market (25.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 517506's revenue (14.9% per year) is forecast to grow faster than the Indian market (11.3% per year).

High Growth Revenue: 517506's revenue (14.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 517506's Return on Equity is forecast to be low in 3 years time (14.7%).


Next Steps

Past Performance

How has TTK Prestige performed over the past 5 years?

12.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 517506 has high quality earnings.

Growing Profit Margin: 517506's current net profit margins (8.3%) are lower than last year (9.1%).


Past Earnings Growth Analysis

Earnings Trend: 517506's earnings have grown by 12.2% per year over the past 5 years.

Accelerating Growth: 517506's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 517506 had negative earnings growth (-21.1%) over the past year, making it difficult to compare to the Consumer Durables industry average (-23%).


Return on Equity

High ROE: 517506's Return on Equity (11.5%) is considered low.


Next Steps

Financial Health

How is TTK Prestige's financial position?


Financial Position Analysis

Short Term Liabilities: 517506's short term assets (₹11.9B) exceed its short term liabilities (₹4.1B).

Long Term Liabilities: 517506's short term assets (₹11.9B) exceed its long term liabilities (₹807.3M).


Debt to Equity History and Analysis

Debt Level: 517506's debt to equity ratio (4.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 517506's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 517506's debt is well covered by operating cash flow (454%).

Interest Coverage: 517506 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is TTK Prestige current dividend yield, its reliability and sustainability?

0.35%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 517506's dividend (0.35%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.56%).

High Dividend: 517506's dividend (0.35%) is low compared to the top 25% of dividend payers in the Indian market (2.35%).


Stability and Growth of Payments

Stable Dividend: 517506's dividend payments have been volatile in the past 10 years.

Growing Dividend: 517506's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19.1%), 517506's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 517506's dividends in 3 years are forecast to be well covered by earnings (24.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.5yrs

Average management tenure


CEO

M. Kalro (56 yo)

5.5yrs

Tenure

₹34,650,000

Compensation

Mr. M. Chandru Kalro, B.E. has been the Managing Director and Executive Director for TTK Prestige Ltd. since April 1 , 2015 and served as its Chief Operating Officer. Mr. Kalro served as an Executive Vice ...


CEO Compensation Analysis

Compensation vs Market: M.'s total compensation ($USD465.60K) is about average for companies of similar size in the Indian market ($USD384.72K).

Compensation vs Earnings: M.'s compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
M. Kalro
MD, CEO & Executive Director5.5yrs₹34.65m0.00087%
₹ 687.6k
Jayaraman Ravishankar
Vice President of Operations8.92yrs₹5.70mno data
K. Shankaran
Compliance Officer26.92yrs₹30.70m0.012%
₹ 9.2m
N. Radhakrishnan
Senior Vice President of Taxation & Legal22.42yrs₹5.97mno data
Dinesh Garg
Executive Vice President of Sales & Marketingno data₹15.69mno data
Manas Martha
Vice President of Human Resources6.08yrs₹7.19mno data
K. George
Senior Vice President of Retailno data₹14.29mno data
R. Saranyan
CFO & Executive VP of Financeno datano datano data
K.V. Manjula
Assistant Company Secretayno datano datano data

7.5yrs

Average Tenure

55.5yo

Average Age

Experienced Management: 517506's management team is seasoned and experienced (7.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
M. Kalro
MD, CEO & Executive Director5.5yrs₹34.65m0.00087%
₹ 687.6k
K. Shankaran
Compliance Officer26.92yrs₹30.70m0.012%
₹ 9.2m
Arun Thiagarajan
Non-Executive Independent Director14.58yrs₹2.40m0.014%
₹ 11.3m
Rangarajan Srinivasan
Non-Executive Independent Director20.08yrs₹2.40mno data
Vandana Walvekar
Non-Executive Independent Director45.58yrs₹2.15m0.010%
₹ 8.0m
T. Raghunathan
Non-Executive Vice Chairmanno data₹2.05m2.33%
₹ 1.8b
T. Jagannathan
Non-Executive Chairman12.25yrs₹60.07m3.09%
₹ 2.4b
Dileep Krishnaswamy
Non-Executive Independent Director14.83yrs₹2.40mno data
Thattai Mukund
Non Executive Non-Independent Director5.42yrs₹2.15m2.38%
₹ 1.9b
Murali Neelakantan
Non-Executive Independent Director5.58yrs₹2.20mno data
Dhruv Moondhra
Non-Executive Independent Director1.5yrs₹2.15mno data

13.4yrs

Average Tenure

68yo

Average Age

Experienced Board: 517506's board of directors are seasoned and experienced ( 13.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

TTK Prestige Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TTK Prestige Limited
  • Ticker: 517506
  • Exchange: BSE
  • Founded: 1928
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Market Cap: ₹79.034b
  • Shares outstanding: 13.86m
  • Website: https://www.ttkprestige.com

Number of Employees


Location

  • TTK Prestige Limited
  • Brigade Towers
  • 11th Floor
  • Bengaluru
  • Karnataka
  • 560025
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
517506BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 1995
TTKPRESTIGNSEI (National Stock Exchange of India)YesEquity SharesININRAug 1995

Biography

TTK Prestige Limited, together with its subsidiaries, manufactures and markets kitchen and home appliances in India and internationally. It offers pressure cookers, cookware, gas stoves, mixer grinders, ai ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 12:39
End of Day Share Price2020/10/30 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.