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.
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!!