NSE: TTKPRESTIG | BSE: 517506

Expensive Underperformer

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629.40 -10.95 (-1.71%)

38.60% Fall from 52W High

29,378 NSE+BSE Volume

NSE 08 May, 2025 3:31 PM (IST)

8,619.6

Market Cap

High in industry

0.5

Beta 1Year

Very Low volatility

TTK Prestige Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for TTKPRESTIG, BSE:517506 TTK Prestige Ltd.

TTK Prestige Ltd.

01 Nov 2021

629.40

-1.71%

TTK PRESTIGE LTD

Accumulate: TTK Prestige Ltd.

Target

Geojit BNP Paribas

Demand outlook is positive given ongoing vaccination and strong thrust of GoI to revive the economy. We value TTK at 42xDec 2023E EPS. Highest ever sales in volume and value. Q2FY22 consolidated revenue grew by 35%YoY (114%QoQ) to Rs.859cr being the highest ever quarter sales aided by strong growth across channels along with price hike (hiked by 5%-8% in July to pass on input price increase). Demand was strong driven by stocking requirement of channels ahead of Q3 festive season. E-Com channel maintained its strong position that gained in the last year during Covid period, but...

TTK Prestige Ltd. has an average target of 901.00 from 2 brokers.

TTK Prestige Ltd.

28 Oct 2021

629.40

-1.71%

TTK Prestige

Buy: TTK Prestige Ltd.

Target

ICICI Securities Limited

It continues to be a market leader in the cooker segment and has material share in other appliance and cookware categories The company, over the years, has maintained its balance sheet strength with strong cash reserves (~| 500+ crore) and healthy RoIC of 30%+ Q2FY22 Results: Reported superior operational performance with strong beat on revenue front. Demand for domestic kitchen, home appliance was robust in Q2...

TTK Prestige Ltd. is trading below all available SMAs

TTK Prestige Ltd.

04 Aug 2021

629.40

-1.71%

TTK PRESTIGE LTD

Accumulate: TTK Prestige Ltd.

Target

Geojit BNP Paribas

Q1FY22 consolidated revenue grew by 77%YoY aided by lower base (-51% in Q1FY21) but de-grew by 33% sequentially as most part of the quarter was hit by lockdowns. ECom sales growth continued to be strong, and the revenue mix increased to 32% from 24%YoY (14% in FY20). Business resumed to reasonable levels from early June 2021. TTK has introduced 21 new SKUs during the quarter and has slated the launch of ~120 SKUs in FY22 (127 in FY21). The company has almost doubled its capacity in Cooker segment. FY22 capex plan is ~Rs.70cr. In FY21, the company has significantly expanded its distribution network in high growth areas, added more than 2000 outlets. All these initiatives will support market share gains and future growth. We expect...

TTK Prestige Ltd. has an average target of 901.00 from 2 brokers.

TTK Prestige Ltd.

29 Jul 2021

629.40

-1.71%

EARNINGS UPDATE-TTKPT 1QFY22

Buy: TTK Prestige Ltd.

Target

Chola Wealth Direct

Background: TTKPT broadly operates under 3 major segments - Pressure Cooker & Pans, Non-stick Cookware and Kitchen Electric Appliances. TTKPT enjoys high brand recall and they spend ~7.2% of their annual sales for brand building and promotional activity, which enables them to dominate most of the segments in which they operate. TTKPT has a market share of ~60% in the outer-lid pressure cooker, ~15% in inner-lid pressure cooker within the organized market and in...

TTK Prestige Ltd. has an average target of 901.00 from 2 brokers.

TTK Prestige Ltd.

28 Jul 2021

629.40

-1.71%

TTK Prestige

Buy: TTK Prestige Ltd.

Target

ICICI Securities Limited

It continues to be market leader in the cooker segment and has material share in other appliance and cookware categories Over the years, the company has maintained its balance sheet strength with...

TTK Prestige Ltd. has an average target of 901.00 from 2 brokers.

TTK Prestige Ltd.

07 Jun 2021, 12:00AM

629.40

-1.71%

TTK PRESTIGE LTD

Accumulate: TTK Prestige Ltd.

Target

Geojit BNP Paribas

Second wave of Covid-19 is likely to impact in the near-term, but longterm-demand outlook is positive given ongoing vaccination and strong thrust of GoI to revive the economy. We value TTK at 42xFY23E. Significant distribution expansion will support future growth. Q4FY21 consolidated revenue increased 43%YoY aided by revival across all categories & channels along with price hike (5%-19%). The core segments, Pressure Cooker and Cookware grew by 49% and 67%YoY respectively while Kitchen appliances grew by 34%YoY. E-Com sales growth continued to be strong and the revenue mix increased to 19% from 14% in FY20 (16% in Q3FY21). MFI (Micro Finance) routed sales were very...

TTK Prestige Ltd. has an average target of 901.00 from 2 brokers.

TTK Prestige Ltd.

27 May 2021

629.40

-1.71%

EARNINGS UPDATE-TTKPT 4QFY21

Buy: TTK Prestige Ltd.

Target

Chola Wealth Direct

TTK Prestige Ltd. has an average target of 901.00 from 2 brokers.

TTK Prestige Ltd.

26 May 2021

629.40

-1.71%

TTK Prestige

Buy: TTK Prestige Ltd.

Target

ICICI Securities Limited

Despite a challenging start to the financial year (Q1 revenue down 51% YoY), TTK staged an impressive recovery by exiting FY21 with revenue growth of 5% YoY. Supply chain issues faced in H1FY21 largely stabilised in H2FY21. E-commerce was the key segment to drive sales growth for the year (~20% of revenues) but momentum in other channels (MBOs, LFS, Prestige Xclusive) also picked up pace in Q4FY21. Among categories, on the back of new launches, cookware segment outperformed (16% of revenues) with healthy sales growth of 16% YoY in FY21. The cookware division posted its...

TTK Prestige Ltd. is trading below all available SMAs

TTK Prestige Ltd.

18 Feb 2021

629.40

-1.71%

EARNINGS UPDATE-TTKPT 3QFY21

Buy: TTK Prestige Ltd.

Target

Chola Wealth Direct

TTK Prestige Ltd. has lost -28.17% in the last 6 Months

TTK Prestige Ltd.

12 Feb 2021

629.40

-1.71%

TTK PRESTIGE LTD

Accumulate: TTK Prestige Ltd.

Recommendation Target

Geojit BNP Paribas

Q3FY21 consolidated revenue increased 23.6% YoY aided by festive demand along with revival in all channels. Strong growth was visible across all categories. Pressure Cooker segment grew by 29%YoY, Cookware by 34%YoY and Other Kitchen appliances by 19%YoY. Direct rural channel contributed double digit growth despite opened up towards end of the quarter. E-Com sales growth was significant and the revenue mix increased to 16% from 14% in FY20. MFI (Micro Finance) routed sales started to revive post lifting of moratorium in October and reached ~4% of the total sales. TTK has introduced 25 new SKUs including new category of casseroles during...

TTK Prestige Ltd. has an average target of 901.00 from 2 brokers.

Is TTK Prestige Ltd. worth buying?

183 Votes:

Buy 79.23%

Sell 10.38%

Hold 10.38%

RESEARCH REPORTS

Hold SEE REPORTS >

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Buy SEE REPORTS >

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