NSE: TTKPRESTIG | BSE: 517506

Expensive Underperformer

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635.30 22.95 (3.75%)

38.02% Fall from 52W High

15,048 NSE+BSE Volume

NSE 12 May, 2025 10:39 AM (IST)

8,700.4

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.

17 Aug 2017

635.30

3.75%

Q1FY18 standalone net sales came in at Rs 3.5 bn, up 3% YoY, (below estimate of 10% YoY) on destocking in the primary trade channel on transition to GST. TTK indicated sales in April and May cumulatively grew 12.5% YoY, while it de-grew in June by 11% YoY.

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

TTK Prestige Ltd.

14 Aug 2017

635.30

3.75%

TTK Prestige

Sell: TTK Prestige Ltd.

ICICI Securities Limited

Consolidated revenues came in at | 383.7 crore vs. our expectation of | 402.1 crore. Standalone revenues grew 3.3% YoY to | 357.5 crore (I-direct estimate: | 374.5 crore). The subdued revenue growth was mainly on account of de-stocking by trade channels prior to GST implementation. The company registered cumulative 12.5% growth in April-May. However, due to GST disruption, revenues for June declined 11.2% YoY dragging overall revenue growth down for the quarter. In segments per se, cookers and appliances segment...

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

TTK Prestige Ltd.

07 Jun 2017

635.30

3.75%

Result Update:TTK Prestige

Sell: TTK Prestige Ltd.

Axis Direct

Q4FY17 net sales grew 22% YoY (estimate: 15% YoY) at Rs 3.6 bnon strong growth revival in pressure cookers (37% of sales) and cookware (17% of sales) segments.

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

TTK Prestige Ltd.

31 May 2017

635.30

3.75%

TTK Prestige

Sell: TTK Prestige Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research TTK Prestige's (TTKP) consolidated Q4FY17 results were above our estimates on the revenue and profitability front. Consolidated revenues came in at | 397.5 crore vs. our expectation of | 376.1 crore. Standalone revenues grew 21.8% YoY to | 366 crore (I-direct estimate: | 350 crore). The revenue beat was driven by health growth in domestic sales (up 23% YoY) to | 372 crore. Exports declined 14% YoY to | 10.6 crore albeit on a smaller base...

TTK Prestige Ltd. is trading below its 100 day SMA of 699.2

TTK Prestige Ltd.

07 Feb 2017

635.30

3.75%

Result Update:TTK Prestige

Sell: TTK Prestige Ltd.

Axis Direct

Q3FY17 sales at Rs 4.2 bn, down 2% YoY,was below our/consensus expectation, as demonetization hit demand across all product categories in November, which is the peak festive/wedding season. While October/Dec posted strong sales growth at 25%/17% YoY, Novembersaw a steep decline.

TTK Prestige Ltd. is trading below its 100 day SMA of 699.2

TTK Prestige Ltd.

04 Feb 2017

635.30

3.75%

EARNING UPDATE - TTK PRESTIGE

Sell: TTK Prestige Ltd.

Chola Wealth Direct

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 organised market and in Induction cook-top space they enjoy a market share of about ~25%. 80% of sales are from products introduced in the last 3 years. TTKPT has network of 30,000 dealers in India. They...

TTK Prestige Ltd. is trading above its 50 day SMA of 628.5

TTK Prestige Ltd.

01 Feb 2017

635.30

3.75%

TTK Prestige

Sell: TTK Prestige Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research TTK Prestige's (TTK) consolidated Q3FY17 results came in below our estimates. Consolidated revenues came in at | 467.5 crore vs. our expectation of | 509.6 crore. Standalone revenues de-grew 2.1% YoY to | 428.2 crore (down 7.6% QoQ). The cookware segment reported a decline of 7.6% YoY to | 79 crore whereas appliances and...

TTK Prestige Ltd.'s price crossed above 50Day SMA today

TTK Prestige Ltd.

04 Nov 2016

635.30

3.75%

TTK Prestige

Sell: TTK Prestige Ltd.

ICICI Securities Limited

trades at expensive multiple of 39x, 34x FY18E, FY19E earnings of bharat.chhoda@icicisecurities.com | 151, | 176, respectively. We have a SELL recommendation on the stock...

TTK Prestige Ltd. has lost -26.21% in the last 6 Months

TTK Prestige Ltd.

08 Aug 2016

635.30

3.75%

TTK Prestige

Hold: TTK Prestige Ltd.

ICICI Securities Limited

TTK Prestige’s (TTKP) Q1FY17 revenues were flattish with 2% YoY growth, below our expectations. However, margins surprised on the positive side and were higher than our expectations of 11.2% at 12.6%. The cooker & cookware segment disappointed with YoY degrowth of 2% and 9%, respectively, while the appliance segment grew steadily by 8% • EBITDA for the quarter grew 15% YoY to | 43.5 crore. The EBITDA margin increased 146 bps to 12.6% (I-direct estimate 11.2%). This was mainly on account of improvement in gross margin by 196 bps • Consequently, PAT grew 10% YoY to | 24 crore (I-direct estimate | 28.3 crore).ICICI Securities Limited have a HOLD recommendation on the stock with a revised target price of | 4590 (28x FY18E EPS).

Trendlyne has 6 reports on TTKPRESTIG updated in the last year from 3 brokers with an average target of Rs 4849. Brokers have a rating for TTKPRESTIG with 1 downgrade,1 price downgrade and 2 price upgrades in past 6 months.

TTK Prestige Ltd.'s price crossed above 30Day SMA today

TTK Prestige Ltd.

03 Aug 2016

635.30

3.75%

TTK Prestige: Results below estimates; muted outlook for FY17

Neutral: TTK Prestige Ltd.

Motilal Oswal

Revenue growth contributed by Horwood: TTK Prestige (TTKPT) reported overall revenues of INR3.8b (est. of INR4.4b), marking 11.3% YoY growth. Horwood contributed INR350m of sales, excluding which growth was flat in the domestic business. EBITDA margins expanded 130bp to 12.4% in 1QFY17 (est. of 12.5%), led by gross margin expansion of 190bp, but partly offset of an increase in employee costs. EBITDA grew 25% YoY to INR472m, while adj. PAT...

TTK Prestige Ltd. is trading below its 100 day SMA of 699.2

Is TTK Prestige Ltd. worth buying?

183 Votes:

Buy 79.23%

Sell 10.38%

Hold 10.38%

RESEARCH REPORTS

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