Ttk Prestige Limited · NSE:TTKPRESTIG
Ttk Prestige — Q1 FY2024 Earnings Presentation
19 slides from Ttk Prestige's earnings presentation, Aug 11, 2023
Slide 1: Cover letter to exchanges: data 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 August 11, 2023 National Stock Exchange BSE Limited “Exchange Plaza”, C-1, Block
Slide 2: Gist of Information to be shared with Analysts
TTK PRESTIGE LIMITED Gist of Information to be shared with Analysts Quarter Ended 30th June 2023
Slide 3: General Backdrop for Q1 FY 2023-24: General Economy
Financial Results for Quarter ended 30th June 2023 GENERAL BACKDROP FOR Q1 OF FY 2023-24 A. GENERAL ECONOMY • The global economy is showing signs of improvement; yet prospects for a robust recovery of the world economy remain dim amid stubborn inflation, rising interest rates and heightened economic
Slide 4: General Economy (Continued)
Financial Results for Quarter ended 30th June 2023 GENERAL BACKDROP FOR Q1 OF FY 2023-24 A. GENERAL ECONOMY (Continued …) • India's consumer price index (CPI) inflation raised for the first time in five months in June 2023 and was also higher than the market expectations. CPI was pushed higher than
Slide 5: General Backdrop: Specific to Company
Financial Results for Quarter ended 30th June 2023 GENERAL BACKDROP FOR Q1 OF FY 2023-24 B. SPECIFIC TO COMPANY • All channels were active throughout the quarter, but the increased discounting at by most brands and online channels continued even in this quarter. • With the inflation and with share o
Slide 6: Key Performance Highlights of Quarter Ended 30th June 2023
Financial Results for Quarter ended 30th June 2023 KEY PERFORMANCE HIGHLIGHTS OF QUARTER ENDED 30TH JUNE 2023 (AS COMPARED TO Q1 OF PREVIOUS YEAR) • Domestic Sales was Rs 530.3 Crores (PY Rs 577.5 Crores) • Export Sales for the quarter was Rs 19.7 Crores (PY Rs 22.3 Crores) • Total Sales was Rs 550.
Slide 7: Key Business Facts for Q1 of FY 2023-24
Financial Results for Quarter ended 30th June 2023 KEY BUSINESS FACTS FOR Q1 OF FY 2023-24 • Though the sales were down compared to Q1 of last year the EBITDA margin for the quarter has been healthy at 15.1%. We have avoided making any structural changes inspite of the competitive pressures of disco
Slide 8: Sales Breakup – Standalone – for 1st Quarter
Financial Results for Quarter ended 30th June 2023 SALES BREAKUP – STANDALONE- FOR 1ST QUARTER (In Rs. Crores) Q1 Q1 GROWTH Q1 Q1 2023-24 2022-23 2021-22 2020-21 COOKERS 178.37 194.08 -8% 104.03 57.91 COOKWARE 89.91 105.64 -15% 68.89 35.27 APPLIANCES 251.18 272.17 -8% 170.70 105.56 OTHERS 30.56 27.8
Slide 9: Q1 Top line over 5 years (Standalone)
Q1 Top line over 5 years (Standalone) 71.2% 68.0% 3.5% -8.3% -51.9% 433.6 208.5 356.9 599.7 550.0 2019-20 2020-21 2021-22 2022-23 2023-24 Net Sales (Rs Crores) Sales Growth % Trend (Net Sales) 8
Slide 10: Q1 EBITDA over 5 years (Standalone)
Q1 EBITDA over 5 years (Standalone) 14.45% 14.94% 15.06% 13.27% 6.95% 63 14 47 90 83 2019-20 2020-21 2021-22 2022-23 2023-24 EBITDA (Rs Crores) EBITDA % Trend (EBITDA) 9
Slide 11: UK Subsidiary – Horwood Homewares Ltd
Financial Results for Quarter ended 30th June 2023 UK SUBSIDIARY – HORWOOD HOMEWARES LTD • Horwood achieved a sale of £3.06 million during Q1 FY 24 (PY £3.13 million). • The inflation and interest rate hikes continue to hinder the growth in UK and European markets. The expected further increase in i
Slide 12: Indian Subsidiary – Ultrafresh Modular Solutions Limited
Financial Results for Quarter ended 30th June 2023 INDIAN SUBSIDIARY – ULTRAFRESH MODULAR SOLUTIONS LIMITED • Ultrafresh achieved a sale of Rs 7.3 Crores during Q1 FY 24 (PY Q1: Rs 4.4 Crores). • Being an Associate Company up to December 2022, the net loss of Ultrafresh for the period from Apr to Ju
Slide 13: Going Forward
Financial Results for Quarter ended 30th June 2023 GOING FORWARD • Amidst continuing global uncertainties, India is presently enjoying an advantageous condition. Urban demand has remained resilient while rural demand is showing signs of recovery. While investment is gaining traction, inflation remai
Slide 14: Safe Harbour
Financial Results for Quarter ended 30th June 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 GO
Slide 15: Product Launches Q1 FY24
PRODUCT LAUNCHES Q1 FY24 14
Slide 16: Kitchenware
KITCHENWARE HA Popular Svachh Nakshatra Duo Svachh Nakshatra SS Essential Svachh Tri-ply Flip-on 2L, 3L, 5L 2L, 3L, 5L 2L, 3L, 5L 2L, 3L (28cm & 22cm), 5L Glory Kadai (SS) Durastone Deep Kadai Multi pan Glory Handi (SS) 24 cm, 28 cm, 30cm 3L, 5L
Slide 17: Appliances
APPLIANCES Oscar Safesense PIC 20 WIZ Smart Kettle 1.7L ACE Hand Blender 900 & 600 and Oscar Black 600 & 900 Svachh Black PDIC 3.0 - 3200 Deluxe VS – 750W 3 Jar Deluxe LS – 750W 3 Jar 2B, 3B, 4B
Slide 18: Judge
JUDGE Everyday range Fry Pan Kadai With lid Kadai Without Omni Tawa Sauce Pan lid 20 cm, 22 cm, 24 25 cm, 28cm, 30 22 cm, 24 cm, 14 cm, 16 cm 20 cm, 22 cm, 24 cm, 26cm 28cm cm 26cm cm, 26cm 28cm Appliances Deluxe 2B, 3B
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