TTK Prestige Ltd.

NSE: TTKPRESTIG | BSE: 517506 | ISIN: INE690A01028 | Industry: Household Appliances
| Expensive Underperformer

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TTK Prestige Ltd.
11 Feb 2021
612.35
-2.71%
ICICI Securities Limited
TTK Prestige reported strong topline growth of 24.4% YoY to | 679.4 crore. The management indicated that it lost ~| 20-30 crore on account of non availability of certain SKUs for which the management is shifting the sourcing from China to domestic vendors. Domestic kitchen and home appliance demand was strong as people were working from home most of the time and also due to accentuated preference for home cooked food. Growth was broad based with cooker (30% of sales), cookware (15% of sales) and appliances (51% of sales) categories registering strong revenue...
TTK Prestige Ltd. has lost -28.91% in the last 6 Months
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