TTK Prestige resumed normal manufacturing operations at its Roorkee factory in Uttarakhand from 3 pm on July 11, 2026, following disruptions caused by heavy rains and flooding on July 9, 2026. The company confirmed that all assets at the facility are adequately insured and stated that any potential loss, including damage to inventories, is not expected to be significant. The quick resumption of activities underscores the firm's operational resilience and adequate capacity buffers at other locations.

The disclosure regarding the resumption was made under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Manjula K V, Company Secretary & Compliance Officer, communicated the update to the exchanges, confirming that the assessment of asset damage is currently underway.

Operational Timeline

The sequence of events at the Roorkee facility is summarised below:

TTK Prestige Limited has announced the convening of its 70th Annual General Meeting (AGM) on Tuesday, August 4, 2026, at 11:00 a.m. IST, to be held through Video Conferencing/Other Audio Visual Means (VC/OAVM). The notice, filed on July 10, 2026, was accompanied by the Annual Report for the financial year ended March 31, 2026. The company delivered a strong standalone performance for FY 2025-26, with net sales growing 9.6% year-on-year to ₹2,772.69 crores, while Profit After Tax rose 13.9% to ₹185.47 crores. The company remained debt-free and carried cash and liquid investments exceeding ₹877 crores as on March 31, 2026, with an Operating Return on Capital Employed (ROCE) of 29.3%.

Standalone Financial Performance: FY 2025-26

The company delivered a strong standalone performance for FY 2025-26, with broad-based growth across key metrics. The following table summarises the key standalone financial results:

The standalone EPS (face value of ₹1/-) was ₹13.54 for FY 2025-26, compared to ₹11.81 in FY 2024-25. Operating EBITDA (before long-term strategic investments and exceptional items) stood at ₹386 crores (PY ₹300 crores), reflecting growth of 28.5%, while Profit before tax (before long-term strategic investments and exceptional items) was ₹360 crores (PY ₹294 crores), reflecting growth of 22.5%. Operating EBITDA margin (before long-term strategic investments and exceptional items) was at 13.9% (PY 11.9%).

Category-Wise Revenue Breakdown

The company's diversified product portfolio contributed to broad-based growth across categories. The table below presents the category-wise turnover for FY 2025-26 and FY 2024-25 (₹ in Crores):

Domestic sales registered a growth of 9.8%, increasing from ₹2,463.76 crores to ₹2,704.41 crores. The traditional channel, comprising general trade, exclusive stores, e-commerce, and modern trade, delivered robust growth of 11.6%. The Judge brand contributed approximately ₹108 crores to sales during the year, compared to ₹68 crores in the previous year, representing a robust growth of 59%. Export sales stood at ₹68.28 crores compared to ₹66.56 crores in the previous year, reflecting marginal growth of 2.6%, impacted by the ongoing West Asia crisis and subdued global demand. During the year, the company introduced around 162 new SKUs, and new introductions constituted more than 30% of sales. The Prestige Xclusive network stood at 711 outlets as at March 31, 2026 (PY 667), covering 324 towns.

Consolidated Performance and Subsidiaries

On a consolidated basis, the company reported total revenue from operations of ₹2,973.57 crores for FY 2025-26, compared to ₹2,714.78 crores in FY 2024-25. The consolidated turnover and profit before tax (before long-term strategic investments and exceptional items) amounted to ₹2,974 crores (PY ₹2,715 crores), reflecting growth of 9.5%, and ₹330 crores (PY ₹276 crores), reflecting growth of 19.6%, respectively.

The UK-based operating subsidiary, Horwood Homewares Limited, reported sales of £14.0 million during the year, compared to £14.2 million in the previous year. The operating EBITDA for Horwood stood at £(0.9) million, against £0.3 million in the previous year. Indian subsidiary Ultrafresh Modular Solutions Limited reported a turnover of ₹36.3 crores, up from ₹32.5 crores in the previous year, registering growth of 11.8%.

Dividend and AGM Agenda

The Board of Directors has recommended a dividend of ₹7.50 per share of face value ₹1/- each for FY 2025-26, compared to ₹6.00 per share in FY 2024-25. The record date for the purpose of the AGM and dividend payment is July 29, 2026, and the dividend, if declared, will be paid on and from August 18, 2026.

The key items of business at the 70th AGM include:

• Ordinary Business: Adoption of audited standalone and consolidated financial statements for FY 2025-26; declaration of dividend of ₹7.50 per equity share; re-appointment of Mr. T.T. Raghunathan (DIN: 00043455) and Mr. R. Srinivasan (DIN: 00043658) as directors liable to retire by rotation.
• Special Business: Ratification of remuneration of ₹6,00,000/- (Rupees Six lakhs only) payable to Ms. Jayanthi Hari, Cost Auditor, for FY 2026-27; and a special resolution to permit Mr. T.T. Raghunathan to hold and continue to hold office as a director beyond the age of 75 years, as required under Regulation 17(1A) of the SEBI LODR Regulations.

Strategic Investments and Capital Expenditure

The company has been executing a comprehensive long-term strategy with an overall planned outlay of approximately ₹500 crores over three years commencing from Q4 of FY 2024-25, broadly categorised into Business Excellence Initiatives (Revenue) of ₹200 crores and Capital Expenditure (Capex) of ₹300 crores. During FY 2025-26, the company incurred approximately ₹82.6 crores (PY ₹29.8 crores) in soft expenses towards this strategy, while capital expenditure was of the order of ₹87 crores. The capex for FY 2026-27 is estimated at around ₹100 crores.

Exceptional items for the year totalled ₹26.9 crores (PY ₹32.3 crores), comprising ₹9.98 crores towards a Voluntary Retirement Scheme at the Hosur factory and ₹16.9 crores towards incremental provisions for gratuity and compensated absences arising from the change in the definition of wages under the New Labour Code.

Sustainability and Awards

All five of the company's manufacturing plants achieved CII GreenCo certification during the year, with ratings of Platinum (Coimbatore), Gold (Roorkee and Khardi), and Silver (Karjan and Hosur). The company achieved 46% green power in FY 2025-26 and reduced Scope 1 CO2 emissions by 2,031 metric tonnes and Scope 2 CO2 emissions by 9,220 metric tonnes. CSR spending for FY 2025-26 stood at ₹6.51 crores against an obligation of ₹6.38 crores. The company was also recognised as a Superbrand 2025 for the 20th consecutive year and received numerous marketing and sustainability awards during the year.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE690A01028/10fb8d6a467e47a1.pdf