TTK Prestige Limited is an India-based company that is primarily engaged in the business of kitchen and home appliances. The Company's product categories include pressure cooker, cookware, gas stove, mixer grinder, induction cooktop, small appliances, chimneys, cleaning solutions, and tools and accessories. TTK Prestige Limited, a TTK Group Company, is the number one kitchen and home appliance company in India. It has 5 manufacturing plants, 2 R&D centers, and more than 620 Prestige Xclusive stores in 28 states and over 363 cities around the country.
TTK Group was founded in 1928 founded by Mr. T.T. Krishnamachari who set up the distribution for a wide range of products ranging from Foods, Personal care products, etc. The company is India's largest kitchenware company. TTK Prestige was Established in 1955 as a private limited company, TTK went public in 1994. It is among the leading brands in the kitchen equipment space, especially in the pressure cooker segment.
Prestige is a leading brand in Pressure cookers, Cookware, Value-added Gas Stoves, Induction Cooktops & Rice Cookers. It is India's only company to offer the complete Induction Cooking solution. The company has established itself as a dominant player in the Indian kitchen appliances market through its extensive distribution network and strong brand recognition.
Its Prestige Lifestyle is a line of premium stores for luxury kitchen appliances. Prestige Lifestyle offers built-in ovens, hobs, cooktops, island chimneys, stainless steel water bottles, water purifier, twister mop, decorative chimneys, dishwashers, multi cookers and barbeque, among others.
As on May 13, 2025 TTK Prestige Ltd (TTKPRESTIG)'s share price on NSE is Rs 638.2. The current market capitalisation of TTK Prestige Ltd (TTKPRESTIG) is 8,758.49 crores as of May 2025.
Q3 FY2024-25 (December 2024):
- Net profit of TTK Prestige declined 6.45% to Rs 58.45 crore in the quarter ended December 2024 as against Rs 62.48 crore during the previous quarter ended December 2023. Sales declined 1.51% to Rs 727.23 crore in the quarter ended December 2024 as against Rs 738.40 crore during the previous quarter ended December 2023.
Q2 FY2024-25 (September 2024):
- Net profit of TTK Prestige declined 10.80% to Rs 52.87 crore in the quarter ended September 2024 as against Rs 59.27 crore during the previous quarter ended September 2023. Sales rose 2.82% to Rs 750.06 crore in the quarter ended September 2024 as against Rs 729.47 crore during the previous quarter ended September 2023.
Annual Performance FY2024:
- For the year ended 2024, TTK Prestige Ltd had posted a profit of Rs 225.33 crore on a total income of Rs 2,855.80 crore.
The current PE ratio of TTK Prestige Ltd (TTKPRESTIG) is 41.44. The current PB ratio of TTK Prestige Ltd (TTKPRESTIG) is 4.71. Current dividend yield is 0.96%. In the quarter ending March 2024, TTK Prestige Ltd has declared dividend of ₹6 - translating a dividend yield of 0.95%.
The TTK Prestige Ltd's 52-week high share price is Rs 1,022.00 and 52-week low share price is Rs 583.00. Promoter holding in TTK Prestige Ltd has gone up to 70.52 per cent as of Mar 2025 from 70.41 per cent as of Jun 2024.
Over the years, it has made strategic investments to expand its operations, starting with introducing products in the US market and setting up an R&D Centre in Hosur. In 2020-21, following the COVID-19 outbreak, TTK Prestige invested Rs 20 Crores in Ultrafresh Modular Solutions Ltd and added 150 new SKUs to its range of products including pressure cookers, induction cook tops, mixer grinders, gas stoves and cleaning solutions.
Included in all this was the acquisition of Horwood Homewares Ltd, a British company in 2016, making TTK Prestige a multinational company and exposing them to high-value international markets.
The company has announced ambitious expansion plans with this outlay will cover both soft operational expenses and hard expenses of capital nature. The spends on operational areas for achieving the overall business excellence, which will include innovation, design, manufacturing / sourcing, go to market with clear market segmentation, logistics and service, is estimated at around Rs 200 crore while the capex is estimated to be of the order of Rs 300 crore. This outlay is designed to fortify the current core business of the company - Pressure cookers & Cookware, domestic kitchen appliances both electric and non-electric and targeted export clients.
Auditor/Auditors for TTK Prestige Ltd is/are PKF Sridhar & Santhanam LLP. In the main management, T T Mukund is chairman and Manjula K V is the company secretary for TTK Prestige Ltd. TTK Prestige has appointed Prabhakar Jain (DIN: 02017091) as Additional Independent Director of the Company with effect from 01 January 2025.
TTK Prestige Ltd share price moved up by 2.53% on BSE. Last 3 Months: TTK Prestige Ltd share price moved up by 0.52% on BSE. Last 12 Months: TTK Prestige Ltd share price moved down by 26.87% on BSE. TTK Prestige Ltd target price ₹779.38, a slight upside of 23.35% compared to current price of ₹614.3. According to 8 analysts rating.
Despite recent challenges, Company has reduced debt. Company is almost debt free. The company maintains a strong balance sheet position while continuing to invest in growth initiatives and expanding its market presence across India and internationally.
