TTK Prestige
598.55
+4.00(+0.67%)
Market Cap₹8,197.20 Cr
PE Ratio78.32
Company Performance:
1D+0.67%
1M-6.56%
6M-4.95%
1Y-19.88%
5Y-2.36%
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More news about TTK Prestige
28Oct 25
TTK Prestige Reports Robust Q2 Performance with 11% Revenue Growth
TTK Prestige Limited announced robust Q2 FY24 results with revenue from operations increasing by 11.03% to ₹786.64 crores and net profit after tax rising by 21.93% to ₹77.06 crores compared to the same quarter last year. The company's half-year revenue reached ₹1,530.32 crores. TTK Prestige invested ₹35.60 crores in business excellence initiatives and reported a CSR expenditure of ₹3.20 crores for the half-year period. The Board of Directors approved these results on October 28.
10Oct 25
TTK Group Chairman Emeritus TT Jagannathan Passes Away, Leaves Legacy of Innovation
TT Jagannathan, Chairman Emeritus of TTK Group and visionary behind the Prestige brand, has died in Bengaluru. He revolutionized the pressure cooker industry with the 'gasket release system', making Prestige a household name in India. With a Ph.D. from Cornell University, Jagannathan turned around the TTK group from near-bankruptcy to a debt-free, billion-dollar company during his 50-year tenure on TTK Prestige's board. His journey is documented in his book 'Disrupt and Conquer-How TTK Prestige became a Billion Dollar Company'.
18Sept 25
TTK Prestige Mourns Loss of Promoter Group Member T T Venkatesh
TTK Prestige reported the unexpected death of T T Venkatesh, a significant member of the company's Promoter Group, on September 17, 2025. Venkatesh held 2.32% of shares personally and was a 14% partner in T T Krishnamachari & Co., which owns 60.44% of TTK Prestige. His shares will be transmitted to nominees, and he will cease to be part of the Promoter Group as per SEBI regulations. The company expressed deep sorrow over the loss.
16Sept 25
TTK Prestige Appoints Tamilselvan Sankaralingam as Chief Technology Officer
TTK Prestige Limited has appointed Tamilselvan Sankaralingam as its new Chief Technology Officer (CTO). Sankaralingam joined on September 15, 2025, and was designated as Senior Management Personnel effective September 16, 2025. He brings over two decades of experience from Philips, holding leadership positions across Singapore, Netherlands, and India. Sankaralingam's expertise includes product development, innovation, and global team leadership in personal health and image-guided therapy solutions. His appointment aligns with TTK Prestige's focus on enhancing technological capabilities and driving innovation in the kitchen appliances sector.
04Sept 25
TTK Prestige Concludes Long-Term Settlement with Workers at Gujarat Factory
TTK Prestige Limited has concluded a long-term settlement with permanent workmen at its Karjan, Gujarat unit. The agreement aims to boost productivity while providing increased benefits to workers. The company officially disclosed this information to the National Stock Exchange and BSE Limited, emphasizing the settlement's focus on improved productivity commensurate with enhanced worker benefits.
23Aug 25
TTK Prestige's Roorkee Plant Hit by Floods, Full Operations Expected to Resume August 25
TTK Prestige Limited's manufacturing plant in Roorkee, Uttarakhand, has experienced operational disruptions due to heavy rains and flooding. The company has partially resumed production and expects full operations to resume by August 25. TTK Prestige is assessing potential asset damage, but all assets are insured. The company does not anticipate a material impact on overall operations due to sufficient capacity at other locations. TTK Prestige will continue to monitor the situation and provide updates.
29Jul 25
TTK Prestige Reports 4.3% Revenue Growth, Invests in Strategic Initiatives
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.
28Jul 25
TTK Prestige Faces Potential Export Challenges Amid Global Trade Tensions
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.
28Jul 25
TTK Prestige Reports Mixed Q1 Results: Revenue Up, Profit Down
TTK Prestige's Q1 financial results show a 3.60% increase in consolidated revenue to ₹609.30 crore. However, net profit declined by 36.22% to ₹26.63 crore. EBITDA fell to ₹40.40 crore with margin contracting to 6.62%. The company incurred ₹17.71 crore in expenses for business excellence initiatives. Despite challenges, TTK Prestige maintains focus on its Kitchen & Home appliances segment.
28May 25
TTK Prestige Q4 Revenue Grows 4.3% YoY, Dolat Capital Adjusts Rating
TTK Prestige announced Q4 revenue of Rs 6.50 billion, up 4.30% year-over-year. The company saw reduced raw material costs but increased staff and operational expenses. Dolat Capital downgraded TTK Prestige's rating to 'Add' and lowered its target price, reflecting a cautious outlook on the company's near-term prospects amid subdued growth compared to industry peers.
27May 25
TTK Prestige Reports Q4 Net Loss, Revenue Growth, and Dividend Declaration
TTK Prestige's Q4 results show a 4.30% YoY revenue increase to ₹650.00 crore, but a significant drop in profitability. The company reported a net loss of ₹40.64 crore, compared to a profit of ₹58.70 crore in the previous year. EBITDA decreased by 33.00% to ₹51.53 crore, with the EBITDA margin contracting by 500 basis points to 7.93%. An exceptional charge of ₹71.42 crore due to impairment impacted the bottom line. Despite challenges, TTK Prestige declared a dividend of ₹6.00 per share.
26Mar 25
TTK Prestige to Review Q4 Results and Consider Dividend on May 27
TTK Prestige has announced a board meeting for May 27, 2023, to review and approve Q4 and full-year financial results for FY 2022-23. The board will consider dividend recommendations and set the date for the Annual General Meeting. The trading window for designated persons is closed from April 1 to May 29, 2023, in compliance with SEBI regulations.
24Mar 25
TTK Prestige Announces Major Leadership Transition for 2025
TTK Prestige, India's leading kitchen appliances manufacturer, has announced significant leadership changes effective March 25, 2025. T T Jagannathan will step down as Non-Executive Chairman after 50 years, becoming Chairman Emeritus and Non-Executive Director. T T Raghunathan will succeed as Non-Executive Chairman, while Dr. Mukund T T will become Non-Executive Vice Chairman. Four Independent Directors will complete their final terms. The company ensures board composition will remain compliant with applicable laws.
19Feb 25
TTK Prestige Unveils Ambitious ₹500 Crore Investment Plan to Boost Growth
TTK Prestige, a leading kitchen appliances manufacturer, has unveiled a ₹500 crore investment plan over the next three years starting from Q4 FY 2024-25. The plan allocates ₹200 crore for operational improvements and ₹300 crore for capital expenditure. It aims to strengthen the company's core business in pressure cookers, cookware, and domestic kitchen appliances. The investment focuses on innovation, manufacturing improvements, market strategies, and logistics enhancement. While cautioning about potential short-term impacts on EBITDA margins, the company expects long-term benefits including robust growth and sustainable cost savings.
TTK Prestige
598.55
+4.00
(+0.67%)
1 Year Returns:-19.88%
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