NSEI:TTKPRESTIG

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

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: TTKPRESTIG has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.7%

TTKPRESTIG

-2.3%

IN Consumer Durables

0.5%

IN Market


1 Year Return

4.6%

TTKPRESTIG

15.9%

IN Consumer Durables

5.6%

IN Market

Return vs Industry: TTKPRESTIG underperformed the Indian Consumer Durables industry which returned 15.9% over the past year.

Return vs Market: TTKPRESTIG underperformed the Indian Market which returned 5.6% over the past year.


Shareholder returns

TTKPRESTIGIndustryMarket
7 Day-0.7%-2.3%0.5%
30 Day-1.5%-1.9%2.1%
90 Day3.8%18.6%10.4%
1 Year5.1%4.6%16.4%15.9%7.6%5.6%
3 Year41.3%39.2%52.3%50.0%37.0%29.9%
5 Year93.8%88.6%102.7%97.6%39.6%27.0%

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

Valuation

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

37.8x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: TTKPRESTIG (₹5977.95) is trading above our estimate of fair value (₹1635.1)

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


Price To Earnings Ratio

PE vs Industry: TTKPRESTIG is poor value based on its PE Ratio (37.8x) compared to the Consumer Durables industry average (20.1x).

PE vs Market: TTKPRESTIG is poor value based on its PE Ratio (37.8x) compared to the Indian market (13.1x).


Price to Earnings Growth Ratio

PEG Ratio: TTKPRESTIG is poor value based on its PEG Ratio (2.9x)


Price to Book Ratio

PB vs Industry: TTKPRESTIG is overvalued based on its PB Ratio (6.8x) compared to the IN Consumer Durables industry average (1.4x).


Next Steps

Future Growth

How is TTK Prestige forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

13.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TTKPRESTIG's forecast earnings growth (13.2% per year) is above the savings rate (7.6%).

Earnings vs Market: TTKPRESTIG's earnings (13.2% per year) are forecast to grow slower than the Indian market (19.4% per year).

High Growth Earnings: TTKPRESTIG's earnings are forecast to grow, but not significantly.

Revenue vs Market: TTKPRESTIG's revenue (12.3% per year) is forecast to grow faster than the Indian market (11.5% per year).

High Growth Revenue: TTKPRESTIG's revenue (12.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TTKPRESTIG's Return on Equity is forecast to be low in 3 years time (18.8%).


Next Steps

Past Performance

How has TTK Prestige performed over the past 5 years?

18.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TTKPRESTIG has high quality earnings.

Growing Profit Margin: TTKPRESTIG's current net profit margins (10.2%) are higher than last year (8.8%).


Past Earnings Growth Analysis

Earnings Trend: TTKPRESTIG's earnings have grown by 18.9% per year over the past 5 years.

Accelerating Growth: TTKPRESTIG's earnings growth over the past year (26%) exceeds its 5-year average (18.9% per year).

Earnings vs Industry: TTKPRESTIG earnings growth over the past year (26%) exceeded the Consumer Durables industry 7.5%.


Return on Equity

High ROE: TTKPRESTIG's Return on Equity (17.9%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is TTK Prestige's financial position?


Financial Position Analysis

Short Term Liabilities: TTKPRESTIG's short term assets (₹11.5B) exceeds its short term liabilities (₹4.8B)

Long Term Liabilities: TTKPRESTIG's short term assets (₹11.5B) exceeds its long term liabilities (728.9M)


Debt to Equity History and Analysis

Debt Level: TTKPRESTIG's debt to equity ratio (2.8%) is considered satisfactory.

Reducing Debt: TTKPRESTIG's debt to equity ratio has reduced from 10.4% to 2.8% over the past 5 years.

Debt Coverage: TTKPRESTIG's debt is well covered by operating cash flow (400.6%).

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


Balance Sheet

Inventory Level: TTKPRESTIG has a high level of physical assets or inventory.

Debt Coverage by Assets: TTKPRESTIG's debt is covered by short term assets (assets are 33.2x debt).


Next Steps

Dividend

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

0.50%

Current Dividend Yield


Dividend Yield vs Market

company0.5%marketbottom25%0.6%markettop25%2.5%industryaverage0.5%forecastin3Years0.8%

Current dividend yield vs market & industry

Notable Dividend: TTKPRESTIG's dividend (0.5%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.59%).

High Dividend: TTKPRESTIG's dividend (0.5%) is low compared to the top 25% of dividend payers in the Indian market (2.46%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19%), TTKPRESTIG's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: TTKPRESTIG's dividends in 3 years are forecast to be well covered by earnings (26.1% 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)

4.6yrs

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 ($USD542.86K) is above average for companies of similar size in the Indian market ($USD358.67K).

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: TTKPRESTIG's management team is seasoned and experienced (9.3 years average tenure).


Board Age and Tenure

13.7yrs

Average Tenure

68.5yo

Average Age

Experienced Board: TTKPRESTIG's board of directors are seasoned and experienced ( 13.7 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

Buy₹9,925,99814 Jun 19
Arun Thiagarajan
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Independent Director
Shares1,400
Max Price₹7,090.00

Ownership Breakdown

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


Management Team

  • K. Shankaran (66yo)

    Compliance Officer

    • Tenure: 26yrs
    • Compensation: ₹38.96m
  • V. Sundaresan (64yo)

    Senior VP of Finance & CFO

    • Tenure: 22.4yrs
    • Compensation: ₹10.57m
  • M. Kalro (55yo)

    MD, CEO & Executive Director

    • Tenure: 4.6yrs
    • 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: 5.2yrs
  • Jayaraman Ravishankar (52yo)

    Vice President of Operations

    • Tenure: 8yrs
  • N. Radhakrishnan (57yo)

    Senior Vice President of Taxation & Legal

    • Tenure: 21.5yrs
  • K.V. Manjula

    Assistant Company Secretay

    • Tenure: 0yrs

Board Members

  • Arun Thiagarajan (75yo)

    Non-Executive Independent Director

    • Tenure: 13.7yrs
    • Compensation: ₹2.83m
  • Rangarajan Srinivasan (78yo)

    Non-Executive Independent Director

    • Tenure: 19.2yrs
    • Compensation: ₹2.91m
  • Vandana Walvekar (76yo)

    Non-Executive Independent Director

    • Tenure: 44.7yrs
    • Compensation: ₹2.51m
  • K. Shankaran (66yo)

    Compliance Officer

    • Tenure: 26yrs
    • 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: 13.9yrs
    • Compensation: ₹2.73m
  • M. Kalro (55yo)

    MD, CEO & Executive Director

    • Tenure: 4.6yrs
    • Compensation: ₹38.96m
  • T. Mukund (42yo)

    Non Executive Non-Independent Director

    • Tenure: 4.5yrs
    • Compensation: ₹2.43m
  • Murali Neelakantan (47yo)

    Non-Executive Independent Director

    • Tenure: 4.7yrs
    • 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: TTKPRESTIG
  • Exchange: NSEI
  • Founded: 1928
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Market Cap: ₹82.796b
  • 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. Its products include pressure cookers; non-stick cookware; pressure  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/22 12:50
End of Day Share Price2019/11/21 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.