TTK Prestige's Q2 FY 2025-26 Quarterly Results

Result Summary

• TTK Prestige Ltd reported a 35.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 10.3%.
• Its expenses for the quarter were up by 28.6% QoQ and 8.7% YoY.
• The net profit increased 146.7% QoQ and increased 21.0% YoY.
• The earnings per share (EPS) of TTK Prestige Ltd stood at 4.69 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

TTK Prestige Ltd is a leading company in the kitchen appliances segment, known for its wide range of products including pressure cookers, cookware, kitchen hoods, gas stoves, and small kitchen appliances. The company is part of the larger TTK Group and has a significant presence in the Indian market, catering to both urban and rural consumers. TTK Prestige has been a hallmark of quality and innovation in the kitchen solutions industry, consistently adapting to consumer needs with a focus on safety and modern design. As of the latest updates available until October 2023, there have been no specific major developments or strategic changes publicly announced by TTK Prestige Ltd.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), TTK Prestige Ltd reported a total income of ₹849.03 crores. This reflects a significant quarter-over-quarter (QoQ) growth of 35.5% from ₹626.68 crores in Q1FY26 and a year-over-year (YoY) increase of 10.3% from ₹769.84 crores in Q2FY25. Such improvements in total income may suggest a strong performance in the company's core business operations during this period. The increase in revenue both sequentially and annually indicates the company's ability to enhance its market position or expand its customer base.

Profitability

The financial performance of TTK Prestige Ltd in terms of profitability shows notable improvements as well. The company achieved a profit before tax (PBT) of ₹88.47 crores in Q2FY26, which is a substantial increase of 151.0% QoQ from ₹35.24 crores in the previous quarter, and a 25.7% YoY increase from ₹70.40 crores in Q2FY25. Profit after tax (PAT) also rose to ₹63.20 crores in Q2FY26, up 146.7% QoQ from ₹25.62 crores in Q1FY26, and up 21.0% YoY from ₹52.25 crores in Q2FY25. The earnings per share (EPS) for the quarter stood at ₹4.69, which is 141.8% higher than the previous quarter's ₹1.94 and 22.8% higher than the same quarter last year, which was ₹3.82. These figures highlight the company's effective cost management and operational efficiency during the quarter.

Operating Metrics

TTK Prestige Ltd's operating expenses for Q2FY26 amounted to ₹760.56 crores, demonstrating an increase of 28.6% QoQ from ₹591.44 crores in Q1FY26, and an 8.7% rise YoY from ₹699.44 crores in Q2FY25. Despite the rise in expenses, the company's ability to maintain higher profits indicates efficient scaling of operations and potential improvements in productivity. The tax liabilities for the quarter increased by 162.7% QoQ to ₹25.27 crores and by 39.2% YoY from ₹18.15 crores in Q2FY25. These metrics suggest that the company is expanding its operational scale while managing its tax obligations efficiently, reflecting its operational prowess in navigating the financial landscape effectively.