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TTK Prestige Ltd dividend

TTK Prestige Ltd dividend

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Last Updated time: 14 Jul 15:30 PM

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TTK Prestige Ltd

NSE: TTKPRESTIG

DPS

6

Last updated : FY 2023

Key Highlights

    The Dividend per Share of TTK Prestige Ltd is ₹ 6 as of 2023 .a1#The Dividend Payout of TTK Prestige Ltd changed from 18.22 % on March 2019 to 31.96 % on March 2023 . This represents a CAGR of 11.90% over 5 years. a1#The Latest Trading Price of TTK Prestige Ltd is ₹ 877.75 as of 12 Jul 15:30 .a1#The Market Cap of TTK Prestige Ltd changed from ₹ 10044 crore on March 2019 to ₹ 9693 crore on March 2023 . This represents a CAGR of -0.71% over 5 years. a1#The Revenue of TTK Prestige Ltd changed from ₹ 635.86 crore to ₹ 641.1 crore over 8 quarters. This represents a CAGR of 0.41% a1#The EBITDA of TTK Prestige Ltd changed from ₹ 86.72 crore to ₹ 95.71 crore over 8 quarters. This represents a CAGR of 5.06% a1#The Net Pr of TTK Prestige Ltd changed from ₹ 54.06 crore to ₹ 57.42 crore over 8 quarters. This represents a CAGR of 3.06% a1#

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Company Fundamentals For TTK Prestige Ltd

Market Cap

12,166 Cr

EPS

16.5

P/E Ratio (TTM) *

53.3

P/B Ratio (TTM) *

5.8

DTE *

0.1

ROE *

10.9

ROCE *

13.9

Dividend Yield *

0.86

DPS *

6

Dividend Payout *

31.96

Ann.Dividend % *

600

* All values are consolidated

Last Updated time: 14 Jul 15:30 PM

* All values are consolidated

Last Updated time: 14 Jul 15:30 PM

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Historical Dividend Payout of TTK Prestige Ltd

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Historical Dividend Payout of TTK Prestige Ltd

Period
Mar '1918
Mar '2014
Mar '2129
Mar '2228
Mar '2332

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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TTK Prestige Ltd

NSE: TTKPRESTIG

PRICE

877.75

-7.85 (-0.89%)

stock direction

Last updated : 12 Jul 15:30

SWOT Analysis Of TTK Prestige Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for TTK Prestige Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Historical Market Cap of TTK Prestige Ltd

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Historical Market Cap of TTK Prestige Ltd

Period
Mar '1910045
Mar '206790
Mar '2110100
Mar '2211459
Mar '239694

* All values are a in crore

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Historical Revenue of TTK Prestige Ltd

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Historical Revenue of TTK Prestige Ltd

Period
Jun '22636
Sep '22851
Dec '22708
Mar '23628
Jun '23609
Sep '23747
Dec '23756
Mar '24641

* All values are a in crore

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Historical EBITDA of TTK Prestige Ltd

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

Historical EBITDA of TTK Prestige Ltd

Period
Jun '2287
Sep '22127
Dec '2293
Mar '2397
Jun '2382
Sep '2399
Dec '23103
Mar '2496

* All values are a in crore

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Historical Net Profit of TTK Prestige Ltd

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Historical Net Profit of TTK Prestige Ltd

Period
Jun '2254
Sep '2284
Dec '2258
Mar '2358
Jun '2347
Sep '2359
Dec '2362
Mar '2457

* All values are a in crore

About TTK Prestige Ltd

About TTK Prestige Ltd

    TTK Prestige Limited, a TTK Group Company, is India's number one kitchen and home appliance company. The Company has 5 state of the art manufacturing plants at Hosur, Coimbatore, Karjan, Roorkee and Khardi. It has 2 dedicated Research and Development centers. The Company has a strong distribution network. It has more than 620 Prestige Xclusive stores in over 363 cities covering 28 states. TTK Prestige Limited was incorporated in October 22, 1955 at Madras, as TT Pvt. Ltd. It became a deemed public company in Jun.'88. Its name was changed to the present one in Jun.'94. It established facilities at Bangalore to manufacture a wide range of domestic and industrial appliances and commenced the manufacture of pressure cookers in 1959 with technical support from Prestige Group, UK. In 1992, the Company expanded its operations by setting up it's second plant at Hosur, Tamilnadu, With state-of-the-art facilities, the company successfully launched its product under the Manttra brand name in the US market, thus becoming one of the first organised Indian corporate entities to sell pressure cookers in the US under Indian-owned brand names. TTK Prestige raised Rs 33.5 cr in Sep.'94 through a public issue at a premium of Rs 80, to modernise its manufacturing facilities at Bangalore and Hosur; to part-finance the capital expenditure requirement for completion of the non-stick cookware project; to establish a full-fledged corporate outfit -- TTK Manttra, in the US to support the marketing of Manttra brand pressure cookers and to meet the long-term working capital requirements of the company. The company entered into a tie-up with the world-renowned Braun, Germany, for marketing its products in India. In 1999-2000, the Company launched Omega range of non-stick cookware and model pressure cooker Nugen. The company is having subsidiary Mantra Inc. In 2000-01 the company initiated necessary steps to launch Domestic Electrical Appliances. Accordingly the company acquired 26% strategic equity stake in Softel Machines Ltd, which will be a dedicated design, development and manufacturing arm of the company and facilitate its foray into the Electrical Appliances business. On June 2001, it launched four products in this range. On 7 June 2003, TTK Prestige informed the stock exchanges that it will be opening its first exclusive retail outlet 'Prestige Smart Kitchen' in Coimbatore and the company intends to open 100 such stores across the country. The store would not only showcase the entire repertoire of Prestige products, but also change the way consumers buy kitchen appliances. On 16 May 2005, TTK Prestige informed the stock exchanges that the company has obtained the license for 'Prestige' brand for use in USA. This will enable the company to use the Prestige brand in USA where there is significant demand for Prestige branded pressure cookers from the ethnic population. The company will continue to sell its 'Manttra' branded products in USA which brand caters to the non-ethnic population. On 7 June 2005, TTK Prestige informed the stock exchanges that the company has launched the new range of products 'Modular Kitchens' during the month of June 2005. The Modular Kitchens will be sold through the company's exclusive outlets 'Prestige Smart Kitchens'. The initial launch is made in Bangalore outlets. On 6 February 2006, TTK Prestige announced that the company's wholly owned subsidiary Manttra Inc. USA has obtained a license from the renowned Celebrity Chef Rocco De Spirito to use the trade and service mark 'Rocco' On 3 May 2006, TTK Prestige announced that the commercial production of pressure cookers at its manufacturing facility at Myleripalyam, South Coimbatore, which commenced during end of April, 2006. The Board of Directors of TTK Prestige at its meeting held on 20 June 2006, has taken decision to develop the property of the company at Bangalore as the manufacturing facility situated therein will be phased out in the next 12 months. The company has engaged international consultants for advising the company in development of the property and sharing of revenues in the best interest of the shareholders. On 3 July 2007, TTK Prestige announced the commencement of commercial production at its new undertaking at Roorkee, Uttarakhand. On 30 January 2008, TTK Prestige announced the launch of 'Prestige Kitchen Boutique' - an exclusive retail initiative that showcases a gamut of designer modular kitchens. Riding on the success of over 180 Prestige Smart Kitchen retail outlets across 110 cities in India, Prestige Kitchen Boutique' is the second retail format that is being announced by the company. The Prestige Kitchen Boutique is a complete, end to end kitchen solution store with an appealing ambience & unique modular layout. Currently there are two stores in Bangalore situated at Koramangala & J P Nagar. The store is equipped with a full-fledged design studio that allows the customer to get a look & feel of each kitchen exclusively. On 28 April 2008, TTK Prestige informed the stock exchanges that the company has transferred its holdings in Manttra Inc., a subsidiary in USA, to another entity in the TTK Group. TTK Prestige Ltd continues to own the brand 'MANTTRA' and will continue to have trade relationship with Manttra Inc. to service the US market. On 29 March 2010, TTK Prestige announced the commencement of commercial production at its new unit (UNIT II) situated at Roorkee, Uttarakhand. This new unit is established to produce a wide range of Kitchen appliances including Gas stoves, Induction cook tops, Mixer grinders, Rice Cookers and a wholly new range of pressure cookers/cookware. On 31 March 2010, TTK Prestige informed the stock exchanges that it is launching an entirely in-house researched and developed product namely Micro Wave Pressure Cooker. TTK Prestige is the first company in India to produce a micro wave pressure cooker. The company has applied for worldwide patent for this product. Manufacturing of this product has commenced at the new unit in Uttarakhand and at Hosur. On 12 January 2011, TTK Prestige informed the stock exchanges that the company is signing an MOU with Government of Gujarat for establishing a state of art facility for manufacture of Pressure Cookers and Kitchenware. On 18 August 2011, TTK Prestige informed the stock exchanges that its Board of Directors has considered and approved the proposal for amalgamating Prestige Housewares India Limited (PHIL), a TTK Group Company, with TTK Prestige Ltd. PHIL is an unlisted company. PHIL is in the business of Kitchenware and has certain landed property and manufacturing assets. For the sake of operational and administrative convenience and to consolidate all the manufacturing assets in TTK Prestige Limited, the above proposal was approved. On 14 February 2012, TTK Prestige Ltd informed the stock exchanges that the company has concluded business relationship arrangements with World Kitchen, a US based corporation. Pursuant to this relationship, TTK Prestige will be able to enhance its presence in high end Tableware, Glassware and Store-ware range of products. The products will be marketed and distributed on the strength of the brands of both the parties. The international brands that will be dealt with in India consist of CORELLE, CORNINGWARE, VISION, PYREX and SNAPWARE. The relationship consists of providing a platform of Pan-India distribution to start with and eventually getting into manufacture/finishing of select products in India. On 10 April 2012, TTK Prestige Ltd signed a Business Collaboration arrangement with Vestergaard Frandsen, Switzerland. This agreement envisages introduction of household water purification devices in India with the support of LifeStraw technology provided by Vestergaard Frandsen. The products will carry the brands of both the partners and will be manufactured/assembled, marketed and distributed through the company. On 25 May 2012, TTK Prestige launched a range of world class high quality cooking appliances in the brand name 'Prestige PREMIA' in association with German specialty glass producer and technology company SCHOTT AG. The Sub Committee of the Board of Directors of TTK Prestige at its meeting held on 27 November 2012 approved a Scheme of Arrangement between TTK Prestige Limited and Triveni Bialetti Industries Private Limited (TBI) subject to the approval of shareholders in general meeting and confirmation by the High Courts of Chennai and Mumbai. The above Scheme of Arrangement if approved and confirmed by the Courts shall demerge the Kitchen Appliances Division of TBI and vest the same with TTK Prestige Limited. On 7 January 2013, TTK Prestige announced that the company has received Japan patent for its microwave pressure cooker. On 11 February 2013, TTK Prestige announced that the company has received Canadian patent for its Microwave Pressure Cooker under Patent No. 2707930. On 24 May 2013, TTK Prestige announced that its R&D Centre at Hosur has received recognition from Government of India, Department of Scientific and Industrial Research, which will enable the company to avail certain benefits under direct and indirect tax laws subject to prescribed conditions. On 4 June 2013, TTK Prestige announced that it will issue on a preferential basis 3 lakh equity shares of Rs 10 each at a premium of Rs 3,540 per share to Cartica Capital Ltd., a Mauritius domiciled entity. About Rs 106.50 crore raised from this preferential allotment will be used for general corporate purposes including retirement of debt. Together with 3.5 lakh shares acquired from promoters at the same price, Cartica will hold 5.6% of TTK Prestige, while promoters will own about 70%. Cartica is a global emerging markets fund manager established in 2008. On 13 November 2013, TTK Prestige launched its 500th Prestige Smart Kitchen store in Chennai. Prestige Smart Kitchen is the largest network of kitchen retail stores across the country. On 27 May 2014, TTK Prestige announced its entry into the water purifier market with the launch of a non-electric gravity based offline water purifier. The company has partnered with Lifestraw SA, a Swiss based renowned company for providing technology. In April 2016, TTK Prestige launched Prestige Clean Home' a range of innovative home cleaning solutions. On 12 April 2016, TTK Prestige announced the acquisition of Horwood Homewares Ltd, a British company. Established in 1896, Horwood Homewares is one of the largest table and cookware suppliers in the UK. It has four internationally renowned brands - Judge, Stellar, Horwood and Kaufmann. This acquisition has made TTK Prestige a multinational company, with access to high-value international markets. The acquisition also enables the TTK Group to use its innovation, design, and manufacturing capabilities to expand in the European markets. On 28 April 2016, TTK Prestige announced its foray into the Indian home cleaning market. The new initiative, being launched under the Prestige Clean Home' banner, will feature a slew of unique products, including, India's first Electric Mop, Vacuum cleaner cum floor polisher and an all-purpose steam cleaner. The home cleaning category, like kitchen appliances, will have at its core, the wellbeing of the Indian homemaker and market products that can potentially enhance the everyday lives of millions of women in the country. On 31 May 2016, TTK Prestige announced that it has achieved a milestone of Rs 1500 crore in annual sales during the year ended 31 March 2016. The Board of Directors of TTK Prestige at its meeting held on 30 May 2017 proposed buyback of 1 lakh equity shares representing 0.86% of the total number of equity shares of the company at a price of Rs 7,000 per share for an aggregate amount of Rs 70 crore through the tender offer route. Members of the Promoter and Promoter Group of the company indicated their intention to participate in the proposed buyback. On 21 August 2017, TTK Prestige announced the launch of leading UK brand 'JUDGE' Kitchen Appliances into India. The new brand which is part of the TTK Prestige owned Horwood Homewares, will offer the SEC B and C demographic across Tier 3, 4 and 5 cities in India, quality kitchen solutions at lower price points. The new brand will allow TTK Prestige to expand reach and tap into an entirely new segment of consumers. On 7 December 2017, Prestige Clean Home, a division of TTK Prestige, announced the launch of India's first domestic electric mop for floor cleaning and a new range of water purifiers. On 23 April 2018, TTK Prestige Ltd. announced that it has signed up Bollywood actress Vidya Balan as its brand ambassador for its leading brand Prestige. The association will start with a national brand campaign this month. On 24 May 2018, TTK Prestige Ltd. announced that its retail chain Prestige Smart Kitchen will now be known as Prestige Xclusive. During the FY2019, the Company has issued and allotted 23,10,233 equity shares of Rs 10/- each as Bonus shares in the ratio of one equity share for five equity shares held by the members on May 16, 2019, pursuant to the special resolution passed by the shareholders by Postal Ballot on May 3, 2019. During the year 2018-19,the Company invested an additional amount of Rs 19.19 Crore in the wholly owned UK subsidiary. During the year 2018-19,the company spent Rs 59.30 crore towards capital expenditure. The company bagged the Superbrand Award for 2018-2019. During the FY2020,the company spent Rs 70 crore towards capital expenditure(CAPEX). During the year,the Company invested an additional amount of Rs 44.48 Crore in the wholly owned UK subsidiary. The Company has an overseas subsidiary by name TTK British Holdings Limited (TTK Brit) which was incorporated in the United Kingdom on 24th March 2016 and capitalized during the FY 16-17. TTK British Holdings Ltd. entire share capital of Horwood Homewares Limited which is the operating subsidiary. During the year 2019-20, Horwood Homewares Limited established a subsidiary Horwood Life Limited in which it holds 51% equity. This subsidiary was formed to acquire Ecosoul life business in Australia. Due to COVID-19 outbreak and subsequent nationwide lockdown from 24 March 2020,there was no sales in April 2020, and primary sales started from 4th May 2020 on partial lifting of lockdown. On and after 6th May 2020 manufacturing operations started in all locations in compliance with the regulations applicable to each of the units. In early Dec 2020, the company's wholly owned stepdown subsidiary, Horwood Homewares Limited UK, divested its 51% stake in Horwood Life Limited,UK. During the year 2020-21, Company introduced around 127 new SKUs covering Pressure Cookers, Induction Cook tops, Mixer Grinders, Rice Cookers, Gas Stoves and other Small Electric/Non-Electric Appliances and Cleaning Solutions. The number of outlets as at March 31, 2021 was 620. Service network was significantly expanded to 464 centres. During year 2021-22, the Company invested Rs. 20 Crores in Ultrafresh Modular Solutions Ltd. through primary and secondary acquisition for a shareholding of 41% and became an Associate Company from February 16, 2022. The number of outlets as at March 31, 2022 was 665, which now covers a network of 28 States and 374 Towns. The Company also expanded service network to 504 centres. During the year 2021-22, Company introduced around 150 new SKUs covering Pressure Cookers, Induction Cook tops, Mixer Grinders, Rice Cookers, Gas Stoves and other Small Electric/Non-Electric Appliances and Cleaning Solutions. On 4th January 2023, the Company further invested around Rs 10 Crores in Ultrafresh and increased its shareholding to 51% and Ultrafresh became subsidiary of the Company from that date. The Company introduced around 80 new SKUs covering Pressure Cookers, Induction Cook tops, Mixer Grinders, Rice Cookers, Gas Stoves and other Small Electric / NonElectric Appliances and Cleaning Solutions. The number of outlets as at March 31, 2023 was 681.

TTK Prestige Ltd News Hub

News

TTK Prestige to conduct board meeting

TTK Prestige will hold a meeting of the Board of Directors of the Company on 26 July 2024....

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03 Jul 202409:27

News

TTK Prestige to invest up to Rs 15 cr in GramyaHaat

TTK Prestige has entered into a binding agreement with GramyaHaat Rural Tech (GramyaHaat) ...

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12 Jun 202415:33

News

TTK Prestige to conduct AGM

TTK Prestige announced that the 68th Annual General Meeting (AGM) of the company will be h...

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11 Jun 202417:38

News

Board of TTK Prestige recommends final dividend

TTK Prestige announced that the Board of Directors of the Company at its meeting held on 2...

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28 May 202416:28

News

TTK Prestige Q4 PAT drops to Rs 57 cr; declares dividend of Rs 6/ share

Revenue from operations fell 1.89% YoY to Rs 622.56 crore in the quarter ended 31 March 20...

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28 May 202416:09

News

TTK Prestige to hold board meeting

TTK Prestige will hold a meeting of the Board of Directors of the Company on 28 May 2024. ...

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26 Mar 202414:33

FAQs for dividends of TTK Prestige Ltd

What is the current market price of TTK Prestige Ltd Ltd as of July 14, 2024?

The current market price of TTK Prestige Ltd Ltd stands at 877.8 per share.

What dividend did TTK Prestige Ltd declare in the last fiscal year?

In the last fiscal year, TTK Prestige Ltd declared a dividend totaling ₹6.0.

What is the most recent dividend declared by TTK Prestige Ltd?

TTK Prestige Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has TTK Prestige Ltd declared dividends in the current fiscal year

TTK Prestige Ltd has declared dividends 4 times totaling ₹0 in the current fiscal year (FY2023-2024).

How many times did TTK Prestige Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), TTK Prestige Ltd declared dividends 4 times totaling ₹0.
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