TTK Prestige - Surging on the back of growing consumerism in India !!

-


 


 



 

Almost each and every person is aware about the Trend, Momentum & Growth in TTK Prestige. Few years back it was called as penny stock and at current levels company has given so much of return to its investors. Now it is called as a very promising stock by general investors. Professionals followed it at a very early stage. Stock has appreciated almost 1600% in 18-19 months. If you don't want to miss the opportunity then do subscribe to professionals to get the best at the very early stage. Let me talk about the company that how it maintained its growth momentum in the recent years.

 
 

The company is floated under the arms of TTK Group, it has emerged as India's largest kitchen appliances company catering to the needs of home makers in the country. It is one of the world's largest manufacturers of Pressure Cookers and it has been forefront in introducing several innovations like Gasket Release System (GRS), Gasket Offset Device (GOD) and Double Locking System, all firsts in India.

 
 

Company has the widest range of product covering all aspects of the Kitchen making it the only brand to offer TOTAL KITCHEN SOLUTIONS. The product range includes Pressure Cookers, Non-Stick Cookware, Rice Cookers, OTG's, Kitchen Hoods (Chimneys), Hobs, LP Gas Stoves, Coffee Makers, Kettles, Sandwich Toasters and many other small electrical appliances. Modular kitchen is another such segment in which TTK is venturing.

 
 

Exporting its products to USA, Europe, South Africa, Kenya, Australia, Singapore, Middle East, Sri Lanka and many other countries makes TTK a global brand. The company presently has manufacturing facilities in Hosur, Coimbatore and Roorkee and branches located across the country to cater to the needs of all the markets.

 
 

Financial:

 
 

Company has maintained a very good record over the past 5 years. Talking about the CAGR over the last five years will definitely give a clear picture of growth. Let us see some numbers which will give the reason to believe that the company is growing at a rapid pace. CAGR of Revenue for the last 5 years is 23% and the PAT is growing around 64%. Net Profit Margin of the company is also increasing YOY. 42% Return on Assets shows that the company is utilising its assets very well. Investors are also happy with the 42% Return on their Equity.

 
 

Company is also paying its debt continuously. In the recent quarterly result (Sept'10), it has posted a revenue of 202 crore with an EPS of around Rs. 20. For FY11 H1, TTK has already shown 68% revenue compared to total revenue of FY10. Company has posted Rs.33 as EPS for FY11 H1. P/E of the stock is as high as 28 but still the brand is very good and it has the potential to move forward. The company has the brand value which is helping it to command a high P/E. Its real gem to invest at dips. Happy Investing!! Hats off to this gem!!

 
 

 
 

Popular posts from this blog

IOB capitalises on hike in stake by LIC

-
Indian Overseas Bank rose 1.53% to Rs 46.45 at 10:31 IST on BSE, after the biggest domestic instutional investors Life Insurance Corporation of India hiked its stake in the state-run bank. The bank made this announcement after trading hours on Wednesday, 25 March 2009. Meanwhile, the BSE Sensex was up 126.19 points, or 1.31%, to 9,794.09. On BSE, 31,003 shares were traded in the counter. The stock had an average daily volume of 1.93 lakh shares in the past one quarter. The stock hit a high of Rs 47 and a low of Rs 45.95 so far during the day. The stock hit a 52-week high of Rs 156.80 on 2 May 2008 and a 52-week low of Rs 37.55 on 9 March 2009. The mid-cap bank stock had underperformed the market over the past one month till 25 March 2009, falling 3.17% as compared to the Sensex's 8.60% rise. It had also underperformed the market in the past one quarter, declining 33.94% as compared to the Sensex's 1.04% rise. The bank's current equ The current price of ...
Read more

Griffin Chemicals surges on re-listing

-
Griffin Chemicals was trading at Rs 29, up 2220% on re-listing after six years on Bombay Stock Exchange (BSE). The counter saw miniscule volume of 4769 shares. The stock opened at Rs 23, up 1740% against its last traded price of Rs 1.25 on 8 August 2002. The Griffin Chemicals stock was highly volatile today. It opened at Rs 23 and then rallied ahead to Rs 50 but soon eased to a low Rs 22. The surge in Griffin shares reminds of unprecedented rise in stock prices of KGN Industries on its re-listing day. KGN Industries, run by Ahmedabad-based Memon family, had re-listed at Rs 100 per share after nearly seven years in May 2008 this year. The stock had risen to a high of Rs 55,000.
Read more

Lok Housing & Constructions builds on fund raising plans

-
Lok Housing & Constructions jumped 6.99% to Rs 107.90 at 11:20 IST on BSE ahead of a board meeting to consider fund raising options from both foreign and local market, including an institutional placement. Meanwhile, the BSE Sensex was down 50.50 points, or 0.30%, at 15203.73. On BSE, 1.86 lakh shares were traded in the counter. The scrip had an average daily volume of 4.74 lakh shares in the past one quarter. The stock hit a high of Rs 115 and a low of Rs 102 so far during the day. The stock had a 52-week high of Rs 390.50 on 1 January 2008 and a 52-week low of Rs 96.25 on 12 June 2008. The scrip had underperformed the market over the past one month till 12 June 2008, falling 26.55% compared to the Sensex's 10.18% decline. It had also underperformed the market in the past one quarter, falling 31.39% compared to Sensex's 3.24% fall. The small-cap housing projects developer has an equity capital of Rs 42.88 crore. Face value per share is Rs 10. The current...
Read more