TTK Prestige Share Price

From the standalone unaudited financial results for the first quarter ending 30 June 2018, we can see the following:

1. Income from operations was Rs.444.60 crore. This was a solid increase from the income from operations in the same time period the previous year which was at Rs.377.15 crore.
2. Net sales or income from operations for the first quarter of FY19 was Rs.418.87 crore.
3. The net profit for the first quarter of FY19 was Rs.53.59 crore.
4. Net profit after tax for the period was Rs.35.90 crore.
5. The total comprehensive income for the period was Rs.35.87 crore.

Annual Report FY 2017-2018

From the audited consolidated financial results for the financial year 2017-2018, we can see the following:

1. The total income from operations for the year was Rs.1,981.64 crore. This was an increase from the total income from operations for the previous year at Rs.1,837.01 crore.
2. The net sales for the year was Rs.1,871.35 crore. This was an increase from the previous year when it had been Rs.1,745.14 crore.
3. The net profit before tax for the year was Rs.359.13 crore. The previous year, the net profit before tax was Rs.183.86 crore.
4. The net profit after tax for the FY18 was Rs.263.49. The net profit after tax for the FY19 was Rs.150.65 crore.
5. The total comprehensive income for FY18 was Rs.274.62 crore. The total comprehensive income for FY17 was Rs.139.08 crore.

Q4 Results FY 2017-2018

From the audited consolidated financial results for the fourth quarter of FY18, we can see the following:

1. The total income from operations for the period was Rs.465.94 crore.
2. The net sales for the final quarter of the FY18 was Rs.443.66 crore.
3. The profit before tax for Q4 FY18 was Rs.57.50 crore.
4. The profit after tax for Q4 FY18 was Rs.37.44 crore.
5. The total comprehensive income for the final quarter of FY18 was Rs.44.10 crore.

TTK Prestige Limited Stock Trends in 2018

1. In January 2018, the stock was trading at about Rs.7,700 in the initial days of the month. During the last week of the month, the stock dipped in price to close at about Rs.7,304 at the end of the month.
2. The stock dipped more in February 2018 and went below the Rs.7,000 mark. The stock then recovered to a little over Rs.7,000. The share price was steady for most of the month after this but dipped in the end to close for the month at about Rs.6,917.
3. The stock price declined further in March 2018. The decrease in price was gradual and spread out throughout the month. The final price for the month was about Rs.6,184.
4. The stock gained a little in April 2018. But there was another decrease and the final price for the month was about Rs.6,207.
5. The stock declined some more overall in the month of May 2018 with the final price for the month being about Rs.5,920.
6. June 2018 marked a period of even more of a decrease in the share price with the final price for the month being about Rs.5,790.
7. In July 2018, the share price appeared to increase. A final 300% dividend was announced on 20 July 2018. The final price for July 2018 was about Rs.6,193.
8. The share price rose over Rs.7,000 again in August 2018. The final price for the month was about Rs.7,154.
9. In September 2018, the share price declined again and towards the end of September, the price fell below Rs.6,400.

TTK Prestige Limited Stock Trends in 2016 and 2017

1. The stock began trading at about Rs.4,724 in January 2016. The stock fell in price over the course of the month to close at about Rs.4,463. The stock fell even more in price over the course of February 2016 to close at about Rs.4,238. The price of the shares increased marginally in March 2016. An interim 270% dividend was announced on 17 March 2016. The stock closed at about Rs.4,316 at the end of the month.
2. The price rose again a little in April 2016 to close at about Rs.4,486 for the month. The price rose even more over the course of May 2016. The final price for the month was Rs.4,623. The price rose some more in June 2016 to close at about Rs.4,704.
3. July 2016 marked a period of solid growth for the stock with the price of the shares increasing over the course of the month. By the close of the month, one share was worth Rs.5,163. The share price declined in August 2016 and the final price for the month was about Rs.4,907. In September share price rose again to close at about Rs.5,156 at the end of the month.
4. October 2016 marked a period of solid growth for the share price. The final price for the month was about Rs.6,409. The price of the stock fell well below Rs.6,000 during the course of November 2016. The final price for the month was about Rs.5,171. The price rose a little in December 2016 to close at about Rs.5,712.
5. The stock traded at over Rs.5,730 in the initial days of January 2017. The final price at the close of the month was about Rs.5,760. The price of the stock fell in February 2017. The final price for the month was about Rs.5,477. The price of the stock rose over the course of March 2017. The final price for the month was about Rs.5,884.
6. The price of the shares of the company rose over the course of April 2017. The final price for the month was about Rs.6,271. An interim 150% dividend was announced in May 2017. The price of the stock rose a little over the course of May 2017 with the final price being about Rs.6,534. The price held steady for most of June 2017 with the final price being about Rs.6,610.
7. The price dipped a little in July 2017. The final price for July 2017 was about Rs.6,382. A final 120% dividend was announced in August 2017. The price of the stock was steady for most of August and the final price for the month was about Rs.6,261. The price again held steady for most of September 2017 with the final price being about Rs.6,258.
8. The price of the stock dipped in October but recovered during the final week of the month. The closing price for the month was about Rs.6,543. November 2017 marked a period of increase for the stock price. The final price for the month was about Rs.6,595. The stock rose a lot over the course of December to close at a price of about Rs.7,702.

Should You Invest in TTK Prestige Limited?

1. The company is almost 100 years old and it is one of the most trusted brands in India.
2. From the financial reports released by the company, it can be seen that the company is doing well in every metric that can be considered.
3. The company is highly innovative when it comes to selling its products.
4. The company is known for the high quality of its manufactured products.
5. The company was the first to introduce the concept of organized distribution in the country.
6. The company has received over 10 awards in various categories for its products and services. The company's performance has also earned it awards.
7. It has received an excellence award for retail.
8. Thus, it would seem that investing in TTK Prestige could be a good idea. It would be best to invest after performing adequate research that is based on personal financial commitments and risk appetites.

Company Information

TTK Prestige Limited is part of the larger TTK Prestige Group of Companies that includes seven companies that operate across 30 product categories.

History of the Company

The TTK Group was founded by T.T.Krishnamachari. The company was an indenting agency. The company was set up to deal with the distribution of a number of products. These included writing products, soap, powdered drink mixes and so on. The company set up manufacturing units after Indian Independence. The first manufacturing unit was established near Bangalore. The company has the unique distinction of being a company that distributed its pamphlets from a helicopter. This happened in the 1950s. By 2001, the company had brought in the concept of pressure cookers in India. From 2001 to 2007, the company focused on developing smarter kitchen appliances. The company's products are today used around the world.

Management of the Company

The Board of Directors of the company includes the following people:

1. TT Jagannathan - Executive Chairman
2. TT Raghunathan - Vice Chairman
3. Chandru Kalro - Managing Director
4. R. Srinivasan - Director
5. Arun Thiagarajan - Director
6. Dileep Krishnaswamy - Director
7. K Shankaran - Director and Secretary
8. Dr. Vandana R Walvekar - Director
9. Dr. TT Mukund - Director
10. Mr. Murali Neelakantan - Director

The Managing Director Mr. Chandru Kalro is an engineer. His career with Prestige began in the year 1993. He has over 23 years of experience. He also has very diverse experience ranging from sales and marketing to corporate planning and sourcing. He is also experienced in creating strategy and alliances.

TTK Prestige Limited Listing in NSE, BSE, and Other Indices

The company is listed under the following codes on the BSE and the NSE:

BSE: 517506

NSE: TTKPRESTIGEQ

IND: Domestic Appliances - Others

ISIN Code: INE690A01010

SECT: Consumer Durables

The company is listed as a part of the following indices:

1. Nifty 500
2. Nifty Midcap 150
3. Nifty MidSmallcap 400
4. S&P BSE 400 MidSmallCap Index
5. S&P BSE 500
6. S&P BSE AllCap
7. S&P BSE Consumer Discretionary Goods and Services
8. S&P BSE Consumer Durables
9. S&P BSE MidSmallCap
10. S&P BSE SmallCap

In addition to the BSE and the NSE, the company is listed on the following stock exchanges:

1. Bangalore Stock Exchange Limited
2. Cochin Stock Exchange Limited
3. Delhi Stock Exchange Limited
4. Hyderabad Stock Exchange Limited
5. Madras Stock Exchange Limited
6. MCX Stock Exchange

Registered Office

The corporate office of the company is located at the following address:

TTK Prestige Limited, 11th Floor, Brigade Towers, 135, Brigade Road, Bangalore - 560025, Karnataka, India

Telephone number: +91 80 2227 7441, +91 80 2227 7442

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DISCLAIMER:

The contents of this post/blog does not constitute financial or other professional advice nor does it imply in any manner a principal-agent relationship, and is not a professional advice on a specific financial matter.