TTK Prestige Reports 4.3% Revenue Growth, Invests in Strategic Initiatives

2 min read     Updated on 29 Jul 2025, 08:55 AM
scanxBy ScanX News Team
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Overview

TTK Prestige's Q1 FY2026 results show a 4.3% YoY increase in total sales to Rs 574.80 crore. Domestic sales grew 4.7% to Rs 559.20 crore. Despite revenue growth, profitability declined due to strategic investments of Rs 17.70 crore. Operating EBITDA decreased to Rs 51.00 crore, and PAT fell to Rs 35.10 crore. The company expects EBITDA margins to exceed 13% after completing investments. E-commerce led growth across channels, while rural markets faced challenges. TTK Prestige maintains a strong financial position with over Rs 816.00 crore in free cash and plans to invest Rs 200.00 crore over three years for strategic projects.

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*this image is generated using AI for illustrative purposes only.

TTK Prestige , a leading kitchen appliances manufacturer, has reported a 4.3% year-on-year increase in total sales for the first quarter ended June 30, 2025. The company's financial results, released on July 28, 2025, reveal a mixed performance with growth in revenue but a decline in profitability due to ongoing strategic investments.

Revenue Growth Across Segments

The company's total sales for the quarter rose to Rs 574.80 crore, up from Rs 551.30 crore in the same period last year. The domestic market led this growth, with sales reaching Rs 559.20 crore, a 4.7% increase from the previous year's Rs 533.90 crore.

TTK Prestige's product segments showed varied performance:

Segment Q1 2025-26 (Rs Crore) Q1 2024-25 (Rs Crore) Growth
Cookers 188.00 179.60 4.7%
Cookware 105.60 98.60 7.1%
Appliances 251.80 243.30 3.5%
Others 29.50 29.80 -1.1%

Profitability Impacted by Strategic Investments

Despite the revenue growth, TTK Prestige's profitability saw a decline:

  • Operating EBITDA decreased to Rs 51.00 crore from Rs 61.90 crore in the previous year.
  • Profit before tax fell to Rs 47.20 crore from Rs 62.70 crore.
  • Profit after tax declined to Rs 35.10 crore from Rs 46.90 crore.

The company attributed this decline to ongoing strategic investments, with Rs 17.70 crore spent on initiatives aimed at achieving overall business excellence and sustainable cost savings.

Strategic Outlook and Investments

TTK Prestige highlighted its focus on future growth and operational efficiency:

  1. The company expects EBITDA margins to return to over 13% after completing strategic investments in the coming quarters.
  2. A Rs 200.00 crore investment plan over the next three years for strategic projects has been announced.
  3. The management anticipates stable gross margins, with a willingness to adjust prices if necessary to protect margins.

Channel Performance and Market Dynamics

  • E-commerce led the growth, followed by general trade and Prestige Xclusive stores.
  • The rural market, dependent on microfinance institutions, continued to face challenges.
  • The Judge brand, repositioned for the mass market, maintained strong double-digit growth.

Financial Position

TTK Prestige maintains a strong financial position with over Rs 816.00 crore in free cash, including short-term liquid investments, as of June 30, 2025.

Product Innovation

The company introduced 38 new SKUs across all categories during the quarter, with plans to launch approximately 76 new SKUs in the second quarter of FY 2026.

As TTK Prestige navigates through its strategic investment phase, the company remains focused on innovation and market expansion to drive long-term growth in the competitive kitchen appliances sector.

Historical Stock Returns for TTK Prestige

1 Day5 Days1 Month6 Months1 Year5 Years
-0.28%-1.09%-0.25%-13.25%-35.14%+12.76%
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TTK Prestige Faces Potential Export Challenges Amid Global Trade Tensions

2 min read     Updated on 28 Jul 2025, 02:44 PM
scanxBy ScanX News Team
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Overview

TTK Prestige reported a decline in export sales from Rs 17.40 crore to Rs 15.60 crore in the quarter ended June 30, attributed to logistic constraints and trade tariff uncertainties. The company's management highlighted concerns about the impact of ongoing tariff conflicts on its export operations, particularly in the US market. Despite these challenges, TTK Prestige's total sales grew by 4.3% year-on-year, driven by a 4.7% increase in domestic sales. The company is focusing on strategic initiatives for business excellence and cost savings, investing Rs 17.71 crore in the recent quarter.

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*this image is generated using AI for illustrative purposes only.

TTK Prestige , a leading kitchen appliance manufacturer, has raised concerns about the potential impact of ongoing tariff conflicts on its export operations. The company, known for its wide range of kitchen and home appliances, is navigating through a complex global trade environment that could affect its international business activities.

Export Uncertainties

The company's recent financial results and management commentary highlight the challenges faced in the export market. For the quarter ended June 30, TTK Prestige reported export sales of Rs 15.60 crore, down from Rs 17.40 crore in the same quarter of the previous year. The company attributed this decline to external factors, including logistic constraints and trade tariff uncertainties.

Impact of Global Trade Tensions

TTK Prestige's management has indicated that the ongoing tariff conflicts and trade tensions are creating a challenging environment for its export business. The company stated, "Uncertainties around tariff regime in USA, is forcing US customers to defer imports into US and overseas manufactures are holding stocks on behalf of US customers."

Financial Performance

Despite the export challenges, TTK Prestige has shown resilience in its overall performance:

Particulars Q1 (Rs in crore) Q1 (Rs in crore) YoY Change
Total Sales 574.80 551.30 +4.3%
Domestic Sales 559.20 533.90 +4.7%
Export Sales 15.60 17.40 -10.3%
Profit After Tax 35.10 46.90 -25.2%

The company's total sales for the quarter grew by 4.3% year-on-year, primarily driven by domestic sales growth of 4.7%. However, the profit after tax decreased by 25.2%, which could be attributed to various factors including the challenges in the export market.

Strategic Initiatives

TTK Prestige is not sitting idle in the face of these challenges. The company has reported ongoing efforts to achieve overall business excellence and bring in sustainable cost savings. In the quarter ended June 30, the company invested Rs 17.71 crore towards these strategic initiatives, significantly higher than the Rs 1.31 crore spent in the same quarter of the previous year.

Market Outlook

While the export outlook remains uncertain due to global trade tensions, TTK Prestige continues to focus on the domestic market. The company reported that all channels except rural were active during the quarter, with growth led by e-commerce, general trade, and Prestige Xclusive stores.

TTK Prestige's management remains cautiously optimistic about the future, stating, "The Company in the last few quarters has been steadily consolidating and improving its market share." However, they also acknowledge the ongoing challenges, particularly in the export market and rural segments.

As global trade dynamics continue to evolve, TTK Prestige's ability to navigate these challenges while capitalizing on domestic growth opportunities will be crucial for its performance in the coming quarters.

Historical Stock Returns for TTK Prestige

1 Day5 Days1 Month6 Months1 Year5 Years
-0.28%-1.09%-0.25%-13.25%-35.14%+12.76%
TTK Prestige
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