Conference Call with TTK Prestige Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Houseware company TTK Prestige announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Domestic Sales was Rs 695.1 crore (PY Rs 665.4 crore) registering a growth of 4.5%. Export Sales for the quarter was Rs 13.5 crore (PY Rs 18.3 crore). Total Sales was Rs 708.5 crore against Rs 683.7 crore of last year: growth of 3.6%. EBITDA was at Rs 95.4 crore as compared to PY Rs 100.2 crore. This is after incurring Rs 7.94 crore towards the payment to the Consultant assisting the Company to redraw its long-range plan and vision. EBITDA margin was at 13.5% (PY 14.6%). Operating EBITDA margin before consulting expenses was at 12.0% (PY 12.3%). Profit before Tax was at Rs 77.1 crore (PY Rs 83.7 crore). Profit after Tax is at Rs 57.6 crore (PY Rs 62.2 crore). EPS was at Rs 4.17 per equity share of face value Rs 1/- each (PY Rs 4.49). Consolidated turnover was Rs 750.1 crore (PY Rs 729.5 crore); growth of 2.8%. Consolidated Profit before Tax stood at Rs 70.4 crore (PY Rs 79.5 crore). Consolidated Profit after Tax is at Rs 52.3 crore (PY Rs 59.0 crore). Consolidated EPS was at Rs 3.82 per equity share of face value Rs 1/- each (PY Rs 4.28). H1FY25 Financial Highlights: Domestic Sales was Rs 1,229.0 crore (PY Rs 1,195.7 crore) registering a growth of 2.8%. Export Sales for the first half was at Rs 30.8 crore (PY Rs 38.0 crore). Total Sales was Rs 1259.8 crore against Rs 1233.7 crore of last year: growth of 2.1%. EBITDA was at Rs 176.4 crore as compared to PY Rs 183.0 crore. This is after incurring Rs 9.19 crore towards the payment to the Consultant assisting the Company to redraw its long-range plan and vision. EBITDA margin was at around 14.0% (PY 14.8%). Operating EBITDA margin before consulting expenses was at 11.7% (PY 12.3%). Profit before Tax is at Rs 139.7 crore (PY Rs 151.6 crore). Profit after Tax is at Rs 104.4 crore (PY Rs 112.6 crore). EPS was at Rs 7.54 per equity share of face value Rs 1/- each (PY Rs 8.13). Consolidated turnover was Rs 1338.0 crore (PY Rs 1317.1 crore); growth of 1.6%. Consolidated Profit before Tax stood at Rs 125.4 crore (PY Rs 143.8 crore). Consolidated Profit after Tax is at Rs 93.0 crore (PY Rs 106.4 crore). Consolidated EPS was at Rs 6.84 per equity share of face value Rs 1/- each (PY Rs 7.74). Result PDF