TTK Prestige
Market Cap
₹82.6b
Last Updated
2019/10/19 12:32 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.
Snowflake
Fundamentals
Excellent balance sheet with acceptable 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
Market Performance
7 Day Return
0.3%
517506
2.7%
IN Consumer Durables
3.9%
IN Market
1 Year Return
15.3%
517506
14.3%
IN Consumer Durables
6.0%
IN Market
Return vs Industry: 517506 matched the Indian Consumer Durables industry which returned 14.3% over the past year.
Return vs Market: 517506 exceeded the Indian Market which returned 6% over the past year.
Shareholder returns
| 517506 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.3% | 2.7% | 3.9% |
| 30 Day | 6.0% | 13.3% | 7.8% |
| 90 Day | -1.7% | 13.8% | 2.5% |
| 1 Year | 15.9%15.3% | 14.8%14.3% | 8.2%6.0% |
| 3 Year | 29.9%28.0% | 34.7%32.7% | 23.0%16.7% |
| 5 Year | 87.2%82.2% | 131.5%125.2% | 43.5%30.0% |
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?
42.87x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: 517506 (₹5958.85) is trading above our estimate of fair value (₹1913.42)
Significantly Undervalued: 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 (42.9x) compared to the Consumer Durables industry average (22.7x).
PE vs Market: 517506 is poor value based on its PE Ratio (42.9x) compared to the Indian market (13.3x).
Price to Earnings Growth Ratio
Low PEG Ratio: 517506 is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: 517506 is overvalued based on its PB Ratio (7.1x) 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 6 analysts?
15.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 517506's forecast earnings growth (15.2% per year) is above the savings rate (7.6%).
Earnings vs Market: 517506's earnings (15.2% per year) are forecast to grow slower than the Indian market (18.2% per year).
High Growth Earnings: 517506's earnings are forecast to grow, but not significantly.
Revenue vs Market: 517506's revenue (11.6% per year) is forecast to grow faster than the Indian market (11.3% per year).
High Growth Revenue: 517506's revenue (11.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: 517506's Return on Equity is forecast to be low in 3 years time (19.2%).
Next Steps
Past Performance
How has TTK Prestige performed over the past 5 years?
20.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 517506's earnings have grown significantly by 20.6% per year over the past 5 years.
Accelerating Growth: 517506's earnings growth over the past year (17.9%) is below its 5-year average (20.6% per year).
Earnings vs Industry: 517506 earnings growth over the past year (17.9%) exceeded the Consumer Durables industry 5.2%.
Return on Equity
High ROE: 517506's Return on Equity (16.5%) is considered low.
Return on Assets
ROA vs Industry: 517506 has a higher Return on Assets than the Consumer Durables industry average last year.
Return on Capital Employed
ROCE Improving: 517506's Return on Capital Employed has declined over the past 3 years.
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Financial Health
How is TTK Prestige's financial position?
Financial Position Analysis
Short Term Liabilities: 517506's short term assets (₹10.7B) exceeds its short term liabilities (₹3.8B)
Long Term Liabilities: 517506's short term assets (10.7B) exceeds its long term liabilities (1.0B)
Debt to Equity History and Analysis
Debt Level: 517506's debt to equity ratio (7.8%) is considered satisfactory
Reducing Debt: 517506's debt to equity ratio has increased from 4.5% to 7.8% over the past 5 years.
Debt Coverage: 517506's debt is well covered by operating cash flow (103.9%).
Interest Coverage: 517506 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: 517506 has a high level of physical assets or inventory.
Debt Coverage by Assets: 517506's debt is covered by short term assets (assets are 11.842500x debt).
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Dividend
What is TTK Prestige's current dividend yield, its reliability and sustainability?
0.50%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: 517506's dividend (0.5%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: 517506's dividend (0.5%) is low compared to the top 25% of dividend payers in the Indian market (2.42%).
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 (21.6%), 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 (29.9% payout ratio).
Next Steps
Management
What is the CEO of TTK Prestige's salary, the management and board of directors tenure and is there insider trading?
9.3yrs
Average management tenure
CEO
M. Kalro (55yo)
4.5yrs
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 ($USD548.07K) is about average for companies of similar size in the Indian market ($USD364.54K).
Compensation vs Earnings: M.'s compensation has been consistent with company performance over the past year.
Management Age and Tenure
9.3yrs
Average Tenure
55yo
Average Age
Experienced Management: 517506's management team is seasoned and experienced (9.3 years average tenure).
Board Age and Tenure
13.6yrs
Average Tenure
68.5yo
Average Age
Experienced Board: 517506's board of directors are seasoned and experienced ( 13.6 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Independent Director |
| Shares | 1,400 |
| Max Price | ₹7,090.00 |
Ownership Breakdown
Management Team
K. Shankaran (66yo)
Compliance Officer
- Tenure: 25.9yrs
- Compensation: ₹38.96m
V. Sundaresan (64yo)
Senior VP of Finance & CFO
- Tenure: 22.3yrs
- Compensation: ₹10.57m
M. Kalro (55yo)
MD, CEO & Executive Director
- Tenure: 4.5yrs
- Compensation: ₹38.96m
Dinesh Garg (54yo)
Senior Vice President of Appliances
- Tenure: 22.3yrs
K. George (55yo)
Senior Vice President of Retail
- Tenure: 0yrs
H. Rajan (60yo)
Chief Manufacturing Officer
- Tenure: 9.3yrs
Manas Martha (47yo)
Vice President of Human Resources
- Tenure: 5.1yrs
Jayaraman Ravishankar (52yo)
Vice President of Operations
- Tenure: 7.9yrs
N. Radhakrishnan (57yo)
Senior Vice President of Taxation & Legal
- Tenure: 21.4yrs
K.V. Manjula
Assistant Company Secretay
- Tenure: 0yrs
Board Members
Arun Thiagarajan (75yo)
Non-Executive Independent Director
- Tenure: 13.6yrs
- Compensation: ₹2.83m
Rangarajan Srinivasan (78yo)
Non-Executive Independent Director
- Tenure: 19.1yrs
- Compensation: ₹2.91m
Vandana Walvekar (76yo)
Non-Executive Independent Director
- Tenure: 44.6yrs
- Compensation: ₹2.51m
K. Shankaran (66yo)
Compliance Officer
- Tenure: 25.9yrs
- Compensation: ₹38.96m
T. Raghunathan (67yo)
Non-Executive Vice Chairman
- Tenure: 0yrs
- Compensation: ₹2.33m
T. Jagannathan (70yo)
Non-Executive Chairman
- Tenure: 11.3yrs
- Compensation: ₹134.00m
Dileep Krishnaswamy (73yo)
Non-Executive Independent Director
- Tenure: 13.8yrs
- Compensation: ₹2.73m
M. Kalro (55yo)
MD, CEO & Executive Director
- Tenure: 4.5yrs
- Compensation: ₹38.96m
T. Mukund (42yo)
Non Executive Non-Independent Director
- Tenure: 4.4yrs
- Compensation: ₹2.43m
Murali Neelakantan (47yo)
Non-Executive Independent Director
- Tenure: 4.6yrs
- Compensation: ₹2.56m
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: ₹82.598b
- 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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/19 12:32 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| 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.