Ttk Prestige Limited · NSE:TTKPRESTIG

Ttk Prestige — Q4 FY2022-23 Earnings Presentation

26 slides from Ttk Prestige's earnings presentation, May 25, 2023

  1. Slide 1: Cover letter to stock exchanges: data to be shared with analysts

    Corporate Office: Nagarjuna Castle, 1/1 & 1/2, Wood Street, Ashok Nagar, Richmond Town, Bangalore – 560 025 Phone: 080-22217438/39, Email: ttkcorp@ttkprestige.com Website: www.ttkprestige.com CIN: L85110TZ1955PLC015049 May 25, 2023 National Stock Exchange BSE Limited “Exchange Plaza”, C-1, Block G,

  2. Slide 2: Gist of Information to be shared with Analysts

    TTK PRESTIGE LIMITED Gist of Information to be shared with Analysts Quarter Ended 31st March 2023

  3. Slide 3: General Backdrop for Q4 FY 2022-23: General Economy

    Financial Results for Quarter ended 31st March 2023 GENERAL BACKDROP FOR Q4 OF FY 2022-23 A. GENERAL ECONOMY  Global Economy continued to be under stress during this quarter as well due to the continued geo-political crisis.  Indian economy continued to manage it better compared to other developed

  4. Slide 4: General Economy (Continued)

    Financial Results for Quarter ended 31st March 2023 GENERAL BACKDROP FOR Q4 OF FY 2022-23 A. GENERAL ECONOMY (Continued …)  Raw material prices largely remained stable during this quarter though it went up during fag end of the quarter on some key raw materials.  Exports continued to be severely a

  5. Slide 5: General Backdrop: Specific to Company

    Financial Results for Quarter ended 31st March 2023 GENERAL BACKDROP FOR Q4 OF FY 2022-23 B. SPECIFIC TO COMPANY  All channels were active throughout the quarter, but the severe discounting was happening at the lower end products by certain brands and online channels.  The overall retail climate w

  6. Slide 6: Key Performance Highlights of Quarter Ended 31st March 2023

    Financial Results for Quarter ended 31st March 2023 KEY PERFORMANCE HIGHLIGHTS OF QUARTER ENDED 31ST MARCH 2023 (AS COMPARED TO Q4 OF PREVIOUS YEAR)  Domestic Sales was Rs. 551.3 crores (PY Rs 618.4 crores)  Export Sales for the quarter was Rs 14.7 Crores (PY Rs 29.2 crores)  Total Sales was Rs 5

  7. Slide 7: Key Performance Highlights of Quarter (Continued)

    Financial Results for Quarter ended 31st March 2023 KEY PERFORMANCE HIGHLIGHTS OF QUARTER ENDED 31ST MARCH 2023 (Continued….) (AS COMPARED TO Q4 OF PREVIOUS YEAR)  Consolidated turnover was Rs 611.0 Crores (PY Rs 697.5 Crores)  Consolidated Profit before Tax stood at Rs 78.1 crores (PY Rs.109.7 cr

  8. Slide 8: Key Business Facts for Q4 of FY 2022-23

    Financial Results for Quarter ended 31st March 2023 KEY BUSINESS FACTS FOR Q4 OF FY 2022-23  All channels were active during the quarter.  Though the sales were down compared to Q4 of last year the EBITDA margin for the quarter has been healthy at 16.8%.  The Company also continued its efforts on

  9. Slide 9: Key Business Facts for Q4 (Continued)

    Financial Results for Quarter ended 31st March 2023 KEY BUSINESS FACTS FOR Q4 OF FY 2022-23 (Continued…)  During the quarter, the Company further invested Rs 10 Crores in Ultrafresh Modular Solutions Limited (Ultrafresh) and increased its shareholding to 51% and Ultrafresh became a subsidiary of yo

  10. Slide 10: Key Performance Highlights of Year Ended 31st March 2023

    Financial Results for Quarter ended 31st March 2023 KEY PERFORMANCE HIGHLIGHTS OF YEAR ENDED 31ST MARCH 2023 (AS COMPARED TO PREVIOUS YEAR ENDED 31ST MARCH 2022)  Domestic Sales for the year grew by 5% from Rs 2556 crores to PY Rs 2434 crores.  Export Sales for the year was Rs.69.7 crores (PY Rs 9

  11. Slide 11: Key Performance Highlights of Year (Continued)

    Financial Results for Quarter ended 31st March 2023 KEY PERFORMANCE HIGHLIGHTS OF YEAR ENDED 31ST MARCH 2023 (Continued…) (AS COMPARED TO PREVIOUS YEAR ENDED 31ST MARCH 2022)  Consolidated turnover for the year grew by 2% from Rs 2722 crores to Rs 2777 crores.  Consolidated Profit before Tax stood

  12. Slide 12: Sales Breakup – Standalone – For 4th Quarter

    Financial Results for Quarter ended 31st March 2023 SALES BREAKUP – STANDALONE- FOR 4TH QUARTER (In Rs. Crores) Q4 GROWTH Q4 2022-23 2021-22 % 2020-21 2019-20 COOKERS 175.26 218.81 -19.9% 173.29 116.00 COOKWARE 82.82 95.32 -13.1% 90.26 54.00 APPLIANCES 282.40 306.34 -7.8% 266.96 199.00 OTHERS 25.53

  13. Slide 13: Sales Breakup – Standalone – For Year Ended 31st March 2023

    Financial Results for Quarter ended 31st March 2023 SALES BREAKUP – STANDALONE- FOR YEAR ENDED 31ST MARCH 2023 (In Rs. Crores) 12 MONTHS' GROWTH 12 MONTHS' 2022-23 2021-22 % 2020-21 2019-20 COOKERS 827.27 785.98 5.3% 600.59 596.19 COOKWARE 418.01 416.72 0.3% 332.19 291.69 APPLIANCES 1281.24 1231.11

  14. Slide 14: Q4 Top line over 5 years (Standalone)

    Q4 Top line over 5 years (Standalone) 44.7% 16.7% 6.8% -13.8% -12.6% 445 384 555 648 566 2018-19 2019-20 2020-21 2021-22 2022-23 Net Sales (Rs Crores) Sales Growth % Trend (Net Sales) 13

  15. Slide 15: Q4 EBITDA over 5 years (Standalone)

    Q4 EBITDA over 5 years (Standalone) 18.4% 19.4% 16.2% 16.8% 10.7% 72 41 108 119 95 2018-19 2019-20 2020-21 2021-22 2022-23 EBITDA (Rs Crores) EBITDA % Trend (EBITDA) 14

  16. Slide 16: 12 Months Top line over 5 years (Standalone)

    12 Months Top line over 5 years (Standalone) 24.5% 12.7% 5.0% 3.7% -1.6% 1968 1937 2033 2532 2626 2018-19 2019-20 2020-21 2021-22 2022-23 Net Sales (Rs Crores) Sales Growth % Trend (Net Sales) 15

  17. Slide 17: 12 Months EBITDA over 5 years (Standalone)

    12 Months EBITDA over 5 years (Standalone) 17.4% 16.8% 15.8% 15.3% 14.7% 311 285 342 441 402 2018-19 2019-20 2020-21 2021-22 2022-23 EBITDA (Rs Crores) EBITDA % Trend (EBITDA) 16

  18. Slide 18: UK Subsidiary – Horwood Homewares Ltd

    Financial Results for Quarter ended 31st March 2023 UK SUBSIDIARY – HORWOOD HOMEWARES LTD  Horwood achieved a sale of £3.9 million during Q4 FY 23 (PY £4.9 million) and £15.3 million for FY 23 (PY £18.8 million).  The recession and unprecedented inflation due to extended geo-political crisis in UK

  19. Slide 19: UK Subsidiary – Horwood Homewares Ltd (Continued)

    Financial Results for Quarter ended 31st March 2023 UK SUBSIDIARY – HORWOOD HOMEWARES LTD (Continued….)  While the sales have returned to pre-covid levels the managing the increasing cost is the challenge. Horwood has taken all necessary actions to manage the recession and inflation impact through

  20. Slide 20: Indian Subsidiary – Ultrafresh Modular Solutions Limited

    Financial Results for Quarter ended 31st March 2023 INDIAN SUBSIDIARY – ULTRAFRESH MODULAR SOLUTIONS LIMITED  Ultrafresh achieved a sale of Rs 5.5 Crores during Q4 FY 23 (PY Q4: Rs 4 Crores) and Rs 23 Crores for the year FY 23 (PY Rs 14 Crores).  Being an Associate Company up to December 2022, the

  21. Slide 21: Going Forward

    Financial Results for Quarter ended 31st March 2023 GOING FORWARD  With the projected GDP growth of 6.5% for FY24, it is expected that the private consumption will rebound during FY24. The Union Budget for FY24 also aims is to broad base the development which may cause structural change in the segm

  22. Slide 22: Safe Harbour

    Financial Results for Quarter ended 31st March 2023 SAFE HARBOUR THIS PRESENTATION MAY CONTAIN CERTAIN STATEMENTS WHICH ARE FUTURISTIC IN NATURE. SUCH STATEMENTS REPRESENT THE INTENTIONS OF THE MANAGEMENT AND THE EFFORTS BEING PUT IN BY THEM TO REALIZE CERTAIN GOALS. THE SUCCESS IN REALIZING THESE G

  23. Slide 23: Product Launches Q4 FY23

    PRODUCT LAUNCHES Q4 FY23 22

  24. Slide 24: Appliances

    Appliances SINGLE SANDWICH MAKER DESIGNER SANDWICH MAKER MAGIC PLUS 2B & 3B

  25. Slide 25: Judge

    JUDGE OPTIMA INDUCTION COOKTOP CARNIVAL 750 W COMET 500W MIXER GRINDER MIXER GRINDER

  26. Slide 26: 25

    25

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