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TTK Prestige

BSE:517506
Snowflake Description

Flawless balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
517506
BSE
₹97B
Market Cap
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Last updated 2019/04/20 12:34
Company description

TTK Prestige Limited, together with its subsidiaries, manufactures and markets kitchen and home appliances in India and internationally. The last earnings update was 296 days ago. More info.

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517506 Share Price and Events
7 Day Returns
-1.2%
BSE:517506
0.5%
IN Consumer Durables
0.8%
IN Market
1 Year Returns
29.9%
BSE:517506
-12.7%
IN Consumer Durables
-0.7%
IN Market
517506 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
TTK Prestige (517506) -1.2% 6.7% 8.3% 29.9% 85.7% 175%
IN Consumer Durables 0.5% 0.7% 4.1% -12.7% 55.9% 258.3%
IN Market 0.8% 2.1% 5.8% -0.7% 41.2% 72.5%
1 Year Return vs Industry and Market
  • 517506 outperformed the Consumer Durables industry which returned -12.7% over the past year.
  • 517506 outperformed the Market in India which returned -0.7% over the past year.
Price Volatility
517506
Industry
5yr Volatility vs Market

517506 Value

 Is TTK Prestige undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of TTK Prestige to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for TTK Prestige.

BSE:517506 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 15.7%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:517506
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.922 (1 + (1- 35%) (1.33%)) 		0.953
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)		 0.95
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.953 * 8.6%) 		15.74%

Discounted Cash Flow Calculation for BSE:517506 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for TTK Prestige is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:517506 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 15.74%)
2019 657.00 Analyst x1 567.63
2020 665.00 Analyst x1 496.39
2021 1,457.00 Analyst x1 939.65
2022 1,616.21 Est @ 10.93% 900.54
2023 1,776.43 Est @ 9.91% 855.18
2024 1,939.95 Est @ 9.2% 806.87
2025 2,108.89 Est @ 8.71% 757.82
2026 2,285.21 Est @ 8.36% 709.48
2027 2,470.71 Est @ 8.12% 662.73
2028 2,667.07 Est @ 7.95% 618.09
Present value of next 10 years cash flows ₹7,314.38
BSE:517506 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹2,667.07 × (1 + 7.55%) ÷ (15.74% – 7.55%) 		₹35,006.69
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹35,006.69 ÷ (1 + 15.74%)10 		₹8,112.75
BSE:517506 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹7,314.38 + ₹8,112.75 		₹15,427.13
Equity Value per Share
(INR)		 = Total value / Shares Outstanding
= ₹15,427.13 / 11.65 		₹1324.08
BSE:517506 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹1,324.08
Current discount Discount to share price of ₹8,326.55
= -1 x (₹8,326.55 - ₹1,324.08) / ₹1,324.08 		-528.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of TTK Prestige is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for TTK Prestige's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are TTK Prestige's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:517506 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹227.45
BSE:517506 Share Price ** BSE (2019-04-18) in INR ₹8326.55
India Consumer Durables Industry PE Ratio Median Figure of 42 Publicly-Listed Consumer Durables Companies 27.65x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of TTK Prestige.

BSE:517506 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:517506 Share Price ÷ EPS (both in INR)

= 8326.55 ÷ 227.45

 36.61x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TTK Prestige is overvalued based on earnings compared to the IN Consumer Durables industry average.
  • TTK Prestige is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does TTK Prestige's expected growth come at a high price?
Raw Data
BSE:517506 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 36.61x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts		 -1.4%per year
India Consumer Durables Industry PEG Ratio Median Figure of 12 Publicly-Listed Consumer Durables Companies 2.25x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

BSE:517506 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 36.61x ÷ -1.4%

 -26.72x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TTK Prestige earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on TTK Prestige's assets?
Raw Data
BSE:517506 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹882.75
BSE:517506 Share Price * BSE (2019-04-18) in INR ₹8326.55
India Consumer Durables Industry PB Ratio Median Figure of 47 Publicly-Listed Consumer Durables Companies 1.79x
India Market PB Ratio Median Figure of 3,628 Publicly-Listed Companies 1.11x
BSE:517506 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:517506 Share Price ÷ Book Value per Share (both in INR)

= 8326.55 ÷ 882.75

 9.43x

* Primary Listing of TTK Prestige.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TTK Prestige is overvalued based on assets compared to the IN Consumer Durables industry average.
X
Value checks
We assess TTK Prestige's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Durables industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Durables industry average (and greater than 0)? (1 check)
    5. TTK Prestige has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

517506 Future Performance

 How is TTK Prestige expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-1.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is TTK Prestige expected to grow at an attractive rate?
  • TTK Prestige's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.6%.
Growth vs Market Checks
  • TTK Prestige's earnings are expected to decrease over the next 1-3 years, this is below the India market average.
  • TTK Prestige's revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
Raw Data
BSE:517506 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:517506 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts -1.4%
BSE:517506 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 12.6%
India Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 17.5%
India Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 13.2%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:517506 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:517506 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 27,214 1,957 2,652 3
2020-03-31 23,502 1,665 2,263 3
2019-03-31 19,910 1,257 1,925 2
BSE:517506 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 18,649 1,268 2,635
2017-12-31 18,252 2,814
2017-09-30 18,125 2,689
2017-06-30 17,498 2,645
2017-03-31 17,088 941 1,507
2016-12-31 16,766 1,169
2016-09-30 16,463 1,195
2016-06-30 15,547 1,146
2016-03-31 14,879 781 1,156
2015-12-31 14,929 1,030
2015-09-30 14,288 938
2015-06-30 13,897 878

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • TTK Prestige's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • TTK Prestige's revenue is expected to grow by 12.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:517506 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from TTK Prestige Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:517506 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 229.50 237.20 221.80 2.00
2020-03-31 195.75 200.60 190.90 2.00
2019-03-31 166.60 169.70 163.50 2.00
BSE:517506 Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 227.45
2017-12-31 242.38
2017-09-30 231.16
2017-06-30 227.14
2017-03-31 129.38
2016-12-31 100.80
2016-09-30 103.00
2016-06-30 98.80
2016-03-31 99.33
2015-12-31 88.44
2015-09-30 80.59
2015-06-30 75.38

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • TTK Prestige is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess TTK Prestige's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
TTK Prestige has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

517506 Past Performance

  How has TTK Prestige performed over the past 5 years?

  • TTK Prestige's last earnings update was 296 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare TTK Prestige's growth in the last year to its industry (Consumer Durables).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if TTK Prestige's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare TTK Prestige's 1-year earnings growth to the 5-year average due to insufficient past data.
  • TTK Prestige's earnings growth has exceeded the IN Consumer Durables industry average in the past year (74.9% vs 12.9%).
Earnings and Revenue History
TTK Prestige's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from TTK Prestige Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:517506 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 18,648.80 2,634.90 3,140.30
2017-12-31 18,251.60 2,813.90 2,814.90
2017-09-30 18,124.80 2,688.90 2,769.70
2017-06-30 17,497.70 2,645.20 2,738.40
2017-03-31 17,087.80 1,506.50 2,730.30
2016-12-31 16,766.40 1,169.30 1,347.60
2016-09-30 16,462.70 1,194.80 1,296.50
2016-06-30 15,547.40 1,146.10 1,241.80
2016-03-31 14,879.30 1,156.30 2,276.00
2015-12-31 14,928.52 1,029.57 3,757.27
2015-09-30 14,287.62 938.17 3,740.27
2015-06-30 13,897.12 877.57 3,726.57
2015-03-31 13,775.40 923.20 1,083.10
2014-12-31 13,672.21 1,087.72 3,497.97
2014-09-30 13,529.21 1,102.02 3,464.97
2014-06-30 13,238.90 1,118.10 942.60
2014-03-31 12,864.51 1,117.92 3,395.26
2013-12-31 12,963.65 1,136.10 3,319.21
2013-09-30 13,640.55 1,282.20 3,305.21
2013-06-30 13,540.65 1,282.00 3,286.11
2013-03-31 13,502.65 1,330.90 3,266.66
2012-12-31 13,012.41 1,247.98 2,867.04
2012-09-30 11,984.41 1,152.68 2,850.24
2012-06-30 11,663.71 1,186.98 2,984.14

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • TTK Prestige has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • TTK Prestige used its assets more efficiently than the IN Consumer Durables industry average last year based on Return on Assets.
  • TTK Prestige's use of capital has not improved over the past 3 years (Return on Capital Employed).
X
Past performance checks
We assess TTK Prestige's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Durables industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
TTK Prestige has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

517506 Health

 How is TTK Prestige's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up TTK Prestige's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • TTK Prestige is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • TTK Prestige's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of TTK Prestige's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 8.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from TTK Prestige Company Filings, last reported 1 year ago.

BSE:517506 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 10,196.80 1,292.00 2,361.30
2017-12-31 9,297.70 1,227.90 1,883.30
2017-09-30 9,297.70 1,227.90 1,883.30
2017-06-30 8,536.20 1,132.30 1,351.90
2017-03-31 8,536.20 1,132.30 1,329.20
2016-12-31 7,765.30 1,769.30 543.20
2016-09-30 7,765.30 1,769.30 543.20
2016-06-30 7,229.50 0.00 754.80
2016-03-31 7,230.90 0.00 777.80
2015-12-31 7,019.60 0.00 666.10
2015-09-30 7,019.60 0.00 666.10
2015-06-30 6,459.62 0.00 330.50
2015-03-31 6,459.60 0.00 330.50
2014-12-31 6,398.10 668.50 426.10
2014-09-30 6,398.10 668.50 426.10
2014-06-30 5,853.10 258.10 386.30
2014-03-31 5,853.14 268.99 386.27
2013-12-31 5,568.50 539.10 585.80
2013-09-30 5,568.50 539.10 585.80
2013-06-30 3,954.63 1,151.10 325.51
2013-03-31 3,954.63 1,151.10 325.51
2012-12-31 3,465.50 984.80 300.00
2012-09-30 3,465.50 984.80 300.00
2012-06-30 2,851.05 596.75 223.39
  • TTK Prestige's level of debt (12.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (29.1% vs 12.7% today).
  • Debt is well covered by operating cash flow (98.1%, greater than 20% of total debt).
  • TTK Prestige earns more interest than it pays, coverage of interest payments is not a concern.
Show me more healthy companies in the Consumer Durables industry
X
Financial health checks
We assess TTK Prestige's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
    7. TTK Prestige has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

517506 Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.36%
Current annual income from TTK Prestige dividends. Estimated to be 0.61% next year.
If you bought ₹2,000 of TTK Prestige shares you are expected to receive ₹7 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • TTK Prestige's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.5%).
  • TTK Prestige's dividend is below the markets top 25% of dividend payers in India (1.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:517506 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
India Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 0.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:517506 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 53.50 2.00
2020-03-31 48.00 2.00
2019-03-31 42.50 2.00
BSE:517506 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-07-25 30.000 0.420
2017-07-18 27.000 0.416
2017-07-13 27.000 0.424
2017-05-30 27.000 0.410
2017-01-31 30.000 0.500
2016-03-11 27.000 0.545
2015-06-24 22.000 0.541
2015-05-27 22.000 0.577
2014-07-25 20.000 0.532
2014-05-15 20.000 0.557
2013-06-19 17.500 0.533
2013-05-16 17.500 0.519
2012-06-05 15.000 0.445
2012-05-04 15.000 0.504
2011-05-05 12.500 0.456
2010-05-04 10.000 0.869
2009-06-30 5.000 1.777
2009-06-01 5.000 3.834
2009-04-21 3.500 3.168

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of TTK Prestige's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (7.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.3x coverage).
X
Income/ dividend checks
We assess TTK Prestige's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can TTK Prestige afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. TTK Prestige has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

517506 Management

 What is the CEO of TTK Prestige's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
M. Kalro
COMPENSATION ₹34,386,000
AGE 54
TENURE AS CEO 4 years
CEO Bio

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 President of Marketing at TTK Prestige Ltd. He served as an Assistant Manager (Marketing) of BPL India Limited and holds B.E.

CEO Compensation
  • M.'s compensation has increased by more than 20% in the past year.
  • M.'s remuneration is about average for companies of similar size in India.
Management Team

M. Kalro

TITLE
MD, CEO & Executive Director
COMPENSATION
₹34M
AGE
54
TENURE
4 yrs

V. Sundaresan

TITLE
Senior VP of Finance & CFO
COMPENSATION
₹9M
AGE
63

Jayaraman Ravishankar

TITLE
Vice President of Operations
AGE
51

K. Shankaran

TITLE
Compliance Officer
COMPENSATION
₹35M
AGE
65

N. Radhakrishnan

TITLE
Senior Vice President of Taxation & Legal
AGE
56

Manas Martha

TITLE
Vice President of Human Resources
AGE
46

Dinesh Garg

TITLE
Senior Vice President of Appliances
AGE
53

K. George

TITLE
Senior Vice President of Retail
AGE
54

H. Rajan

TITLE
Chief Manufacturing Officer
AGE
59

Ramesh Rao

TITLE
Senior Vice President of Process Development
AGE
63
Board of Directors Tenure

Average tenure and age of the TTK Prestige board of directors in years:

13.3
Average Tenure
66
Average Age
  • The average tenure for the TTK Prestige board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

T. Jagannathan

TITLE
Non-Executive Chairman
COMPENSATION
₹109M
AGE
69
TENURE
10.8 yrs

M. Kalro

TITLE
MD, CEO & Executive Director
COMPENSATION
₹34M
AGE
54
TENURE
4 yrs

T. Raghunathan

TITLE
Non-Executive Vice Chairman
COMPENSATION
₹2M
AGE
66

K. Shankaran

TITLE
Compliance Officer
COMPENSATION
₹35M
AGE
65
TENURE
25.4 yrs

Rangarajan Srinivasan

TITLE
Non-Executive Independent Director
COMPENSATION
₹2M
AGE
77
TENURE
18.6 yrs

Dileep Krishnaswamy

TITLE
Non-Executive Independent Director
COMPENSATION
₹2M
TENURE
13.3 yrs

Vandana Walvekar

TITLE
Non-Executive Independent Director
COMPENSATION
₹2M
TENURE
44.3 yrs

Arun Thiagarajan

TITLE
Non-Executive Independent Director
COMPENSATION
₹2M
AGE
74
TENURE
14.3 yrs

Murali Neelakantan

TITLE
Non-Executive Independent Director
COMPENSATION
₹2M
TENURE
4.1 yrs

T. Mukund

TITLE
Non Executive Non-Independent Director
COMPENSATION
₹2M
AGE
41
TENURE
3.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
19. Jun 18 Buy Arun Thiagarajan Individual 25. May 18 25. May 18 490 ₹6,043.10 ₹2,961,120
06. Jun 18 Buy K. Shankaran Individual 04. Jun 18 05. Jun 18 250 ₹6,083.66 ₹1,515,112
25. May 18 Buy T. Jagannathan Individual 24. May 18 24. May 18 2,450 ₹6,050.22 ₹14,765,389
X
Management checks
We assess TTK Prestige's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
    5. TTK Prestige has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

517506 News

Simply Wall St News

What is Behind TTK Prestige Limited's (BOM:517506) Superior ROE?

and want to better understand how you can grow your money by investing in TTK Prestige Limited (BOM:517506). … TTK Prestige Limited (BOM:517506) outperformed the household appliances industry on the basis of its ROE – producing a higher 25.84% relative to the peer average of 12.25% over the past 12 months. … Sustainability can be gauged by a company’s financial leverage – the more debt it has, the higher ROE is pumped up in the short term, at the expense of long term interest payment burden.

Simply Wall St - –

517506 Company Info

Description

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); and cleaning solutions, such as vacuum and steam cleaners, floor polishers, air purifiers, electric and non-electric mops, consumable spares, fruit and vegetable cleaners, flip bins, step-on ladders, cleaning tools, and water purifiers. The company also offers chimneys, induction cook tops, and electric and gas stoves; and air fryers, rice cookers, roti makers, mixers and grinders, lanterns, milk boilers, oven toaster grills, coffee makers, kettles, dry masala and wet grinders, barbeques, water bottles and flasks, irons, hand blenders, popcorn makers, idli plates, juicers, multi-cookers, popup and sandwich toasters, knives, ladles, separators, and other tools. As of March 31, 2018, it operates a network of 544 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 incorporated in 1955 and is based in Bengaluru, India.

Details
Name: TTK Prestige Limited
517506
Exchange: BSE
Founded: 1955
₹97,014,041,236
11,651,169
Website: http://www.ttkprestige.com
Address: TTK Prestige Limited
Brigade Towers,
11th Floor,
Bengaluru,
Karnataka, 560025,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 517506 Equity Shares Mumbai Stock Exchange IN INR 03. Aug 1995
NSEI TTKPRESTIG Equity Shares National Stock Exchange of India IN INR 03. Aug 1995
Number of employees
Current staff
Staff numbers
1,373
TTK Prestige employees.
Industry
Household Appliances
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 12:34
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/08
Last earnings filing: 2018/06/28
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.

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