TTK Prestige
Market Cap
₹66.5b
Last Updated
2020/04/08 12:41 UTC
Data Sources
Company Financials +
Executive Summary
TTK Prestige Limited, together with its subsidiaries, manufactures and markets kitchen and home appliances in India and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record.
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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
2.5%
517506
0.6%
IN Consumer Durables
2.2%
IN Market
1 Year Return
-32.1%
517506
-11.2%
IN Consumer Durables
-27.6%
IN Market
Return vs Industry: 517506 underperformed the Indian Consumer Durables industry which returned -11.2% over the past year.
Return vs Market: 517506 underperformed the Indian Market which returned -27.6% over the past year.
Shareholder returns
| 517506 | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.5% | 0.6% | 2.2% |
| 30 Day | -17.3% | -21.9% | -20.0% |
| 90 Day | -15.6% | -16.3% | -25.9% |
| 1 Year | -31.8%-32.1% | -10.4%-11.2% | -26.1%-27.6% |
| 3 Year | -8.2%-9.5% | -5.1%-6.8% | -15.9%-20.5% |
| 5 Year | 57.5%53.3% | 23.6%20.2% | -5.7%-10.6% |
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
1 year ago | Simply Wall St
What is Behind TTK Prestige Limited's (BOM:517506) Superior ROE?Valuation
Is TTK Prestige undervalued compared to its fair value and its price relative to the market?
29.95x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 517506 (₹4778.05) is trading above our estimate of fair value (₹1634.89)
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 (29.9x) compared to the Consumer Durables industry average (15.9x).
PE vs Market: 517506 is poor value based on its PE Ratio (29.9x) compared to the Indian market (9.6x).
Price to Earnings Growth Ratio
PEG Ratio: 517506 is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: 517506 is overvalued based on its PB Ratio (5.4x) compared to the IN Consumer Durables industry average (1.3x).
Next Steps
Future Growth
How is TTK Prestige forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
10.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 517506's forecast earnings growth (10% per year) is above the savings rate (6.5%).
Earnings vs Market: 517506's earnings (10% per year) are forecast to grow slower than the Indian market (19.1% per year).
High Growth Earnings: 517506's earnings are forecast to grow, but not significantly.
Revenue vs Market: 517506's revenue (10.3% per year) is forecast to grow faster than the Indian market (8.8% per year).
High Growth Revenue: 517506's revenue (10.3% 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 (17.2%).
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Past Performance
How has TTK Prestige performed over the past 5 years?
17.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 517506 has high quality earnings.
Growing Profit Margin: 517506's current net profit margins (10.4%) are higher than last year (9%).
Past Earnings Growth Analysis
Earnings Trend: 517506's earnings have grown by 17.5% per year over the past 5 years.
Accelerating Growth: 517506's earnings growth over the past year (20%) exceeds its 5-year average (17.5% per year).
Earnings vs Industry: 517506 earnings growth over the past year (20%) exceeded the Consumer Durables industry 15.6%.
Return on Equity
High ROE: 517506's Return on Equity (18%) is considered low.
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Financial Health
How is TTK Prestige's financial position?
Financial Position Analysis
Short Term Liabilities: 517506's short term assets (₹11.5B) exceed its short term liabilities (₹4.8B).
Long Term Liabilities: 517506's short term assets (₹11.5B) exceed its long term liabilities (₹728.9M).
Debt to Equity History and Analysis
Debt Level: 517506's debt to equity ratio (2.8%) is considered satisfactory.
Reducing Debt: 517506's debt to equity ratio has reduced from 10.3% to 2.8% over the past 5 years.
Debt Coverage: 517506's debt is well covered by operating cash flow (400.6%).
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's current dividend yield, its reliability and sustainability?
0.63%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 517506's dividend (0.63%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.91%).
High Dividend: 517506's dividend (0.63%) is low compared to the top 25% of dividend payers in the Indian market (3.92%).
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 (18.8%), 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 (28.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.8yrs
Average management tenure
CEO
M. Kalro (55yo)
5s
Tenure
₹38,955,000
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 ($USD515.09K) is about average for companies of similar size in the Indian market ($USD472.13K).
Compensation vs Earnings: M.'s compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 5yrs | ₹38.96m | 0.00087% ₹578.1k | |
| Senior VP of Finance & CFO | 22.83yrs | ₹10.57m | no data | |
| Vice President of Operations | 8.42yrs | no data | no data | |
| Compliance Officer | 26.42yrs | ₹38.96m | 0.012% ₹7.7m | |
| Senior Vice President of Taxation & Legal | 21.92yrs | no data | no data | |
| Vice President of Human Resources | 5.58yrs | no data | no data | |
| Senior Vice President of Appliances | 22.75yrs | no data | no data | |
| Senior Vice President of Retail | no data | no data | no data | |
| Chief Manufacturing Officer | 9.75yrs | no data | no data | |
| Assistant Company Secretay | no data | no data | no data |
9.8yrs
Average Tenure
55yo
Average Age
Experienced Management: 517506's management team is seasoned and experienced (9.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 5yrs | ₹38.96m | 0.00087% ₹578.1k | |
| Compliance Officer | 26.42yrs | ₹38.96m | 0.012% ₹7.7m | |
| Non-Executive Independent Director | 14.08yrs | ₹2.83m | 0.014% ₹9.5m | |
| Non-Executive Independent Director | 19.58yrs | ₹2.91m | no data | |
| Non-Executive Independent Director | 45.08yrs | ₹2.51m | 0.010% ₹6.7m | |
| Non-Executive Vice Chairman | no data | ₹2.33m | 2.33% ₹1.5b | |
| Non-Executive Chairman | 11.75yrs | ₹134.00m | 3.09% ₹2.1b | |
| Non-Executive Independent Director | 14.33yrs | ₹2.73m | no data | |
| Non Executive Non-Independent Director | 4.92yrs | ₹2.43m | 2.38% ₹1.6b | |
| Non-Executive Independent Director | 5.08yrs | ₹2.56m | no data |
14.1yrs
Average Tenure
68.5yo
Average Age
Experienced Board: 517506's board of directors are seasoned and experienced ( 14.1 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.
Recent Insider Transactions
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: ₹66.453b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 517506 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Aug 1995 |
| TTKPRESTIG | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Aug 1995 |
Biography
TTK Prestige Limited, together with its subsidiaries, manufactures and markets kitchen and home appliances in India and internationally. Its products include pressure cookers; non-stick cookware; pressure cookware (clip on); cook-tops and chimneys; and barbeques, coffee makers, electric kettles, hand blenders, idly plates, irons, juicers, knives, mixer grinders, multi cookers, other tools, oven toaster grillers, popup toasters, rice cookers, roti makers, sandwich toasters, separators, flasks, water bottles, wet grinders, air fryers, water purifiers, ladles, lanterns, popcorn makers, milk boilers, and bottles. The company also provides cleaning solutions, such as air purifiers, steam cleaners, vacuum cleaners, floor polishers, ozonisers, magic mops, step bins, and step-on ladders; kitchen hoods; grinders; and induction products. As of March 31, 2019, it operated a network of 569 outlets under the Prestige Xclusive name. The company also serves through a network of distributors and retailers, hypermarkets, supermarkets and malls, and institutional buyers. In addition, it offers its products online. TTK Prestige Limited was founded in 1928 and is based in Bengaluru, India.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/08 12:41 |
| End of Day Share Price | 2020/04/08 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
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.