Ttk Prestige Limited · NSE:TTKPRESTIG
Ttk Prestige — Q4 FY2024 Earnings Presentation
23 slides from Ttk Prestige's earnings presentation, May 28, 2024
Slide 1: Cover letter to exchanges on analyst data
May 28, 2024 National Stock Exchange BSE Limited “Exchange Plaza”, C-1, Block G, 27th Floor, Phiroze Jeejeebhoy Towers, Bandra- Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai – 400 051. Mumbai - 400 001. Scrip Symbol : TTKPRESTIG Scrip Code : 517506 Dear Sir, Sub: Data to be shared with Analy
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 2024
Slide 3: General Backdrop for Q4 FY 2023-24: General Economy
Financial Results for Quarter ended 31st March 2024 GENERAL BACKDROP FOR Q4 OF FY 2023-24 A. GENERAL ECONOMY The global economy continued to face strong headwinds with the continued geo-political issues. This also led to increase in shipping rates and supply chain delays in Q4. The India growth
Slide 4: General Backdrop: General Economy (Continued)
Financial Results for Quarter ended 31st March 2024 GENERAL BACKDROP FOR Q4 OF FY 2023-24 A. GENERAL ECONOMY (Continued …) Share of wallet continued to be major concern for products falling under discretionary consumption. Added to this, more investment was getting into stock market. The service
Slide 5: General Backdrop: Specific to Company
Financial Results for Quarter ended 31st March 2024 GENERAL BACKDROP FOR Q4 OF FY 2023-24 B. SPECIFIC TO COMPANY All channels were active throughout the quarter, though there was pressure in the general trade due to subdued customer sentiment caused by inflationary trend. The modern formats, e-com
Slide 6: Key Performance Highlights of Quarter Ended 31st March
Financial Results for Quarter ended 31st March 2024 KEY PERFORMANCE HIGHLIGHTS OF QUARTER ENDED 31ST March 2024 (AS COMPARED TO Q4 OF PREVIOUS YEAR) Domestic Sales was at Rs 566.9 Crores (PY Rs 551.4 Crores) registering a growth of 2.8%. Export Sales for the quarter was at Rs.13.5 Crores (PY Rs.
Slide 7: Key Business Facts for Q4 of FY 2023-24
Financial Results for Quarter ended 31st March 2024 KEY BUSINESS FACTS FOR Q4 OF FY 2023-24 The company saw positive growth as in the previous quarter. The aggregate growth for Q3 and Q4 FY24 was at around 4% on sales. The gross margin remained steady and was higher than the immediate last quart
Slide 8: Key Business Facts for Q4 of FY 2023-24 (Continued)
Financial Results for Quarter ended 31st March 2024 KEY BUSINESS FACTS FOR Q4 OF FY 2023-24 (Continued….) Introduced 27 new SKUs during this quarter across all categories. New launches are being received well in the market. Prestige Xclusive chain strength stood at 699 in 371 towns contributing
Slide 9: Key Performance Highlights of Year Ended 31st March 2024
Financial Results for Quarter ended 31st March 2024 KEY PERFORMANCE HIGHLIGHTS OF YEAR ENDED 31ST March 2024 (AS COMPARED TO 12 MONTHS OF PREVIOUS YEAR) Domestic Sales was Rs 2430.4 Crores (PY Rs 2556.0 Crores) Export Sales was Rs 70.4 Crores (PY Rs 69.7 Crores) Total Sales was Rs 2500.7 Crore
Slide 10: Sales Breakup – Standalone – For 4th Quarter
Financial Results for Quarter ended 31st March 2024 SALES BREAKUP – STANDALONE- FOR 4TH QUARTER (In Rs. Crores) 9
Slide 11: Sales Breakup – Standalone – For 12 Months Period
Financial Results for Quarter ended 31st March 2024 SALES BREAKUP – STANDALONE- FOR 12 MONTHS PERIOD (In Rs. Crores) 10
Slide 12: Q4 Top line over 5 years (Standalone)
Q4 Top line over 5 years (Standalone) 44.7% 16.7% 648 555 566 580 384 -12.6% 2.5% -13.8% 2019-20 2020-21 2021-22 2022-23 2023-24 Net Sales (Rs Crores) Sales Growth % Trend (Net Sales) 11
Slide 13: Q4 EBITDA over 5 years (Standalone)
Q4 EBITDA over 5 years (Standalone) 19.4% 18.4% 16.8% 17.2% 119.1 10.7% 107.9 100.0 94.9 41.1 2019-20 2020-21 2021-22 2022-23 2023-24 EBITDA (Rs Crores) EBITDA % Trend (EBITDA) 12
Slide 14: 12 Months Top line over 5 years (Standalone)
12 Months Top line over 5 years (Standalone) 24.5% 5.0% 2532 2626 2501 1937 2033 3.7% -1.6% -4.8% 2019-20 2020-21 2021-22 2022-23 2023-24 Net Sales (Rs Crores) Growth % Trend (Net Sales) 13
Slide 15: 12 Months EBITDA over 5 years (Standalone)
12 Months EBITDA over 5 years (Standalone) 17.4% 16.8% 15.3% 15.4% 14.7% 441.2 402.2 386.0 342.2 285.1 2019-20 2020-21 2021-22 2022-23 2023-24 EBITDA (Rs Crores) EBITDA% Trend (EBITDA) 14
Slide 16: UK Subsidiary – Horwood Homewares Ltd
Financial Results for Quarter ended 31st March 2024 UK SUBSIDIARY – HORWOOD HOMEWARES LTD Horwood achieved a sale of £3.5 million during Q4 FY24 (PY £3.9 million) and £14.4 million for 12 Months’ FY24 (PY £15.3 million). With the UK inflation rate remained static during this quarter and the inte
Slide 17: Indian Subsidiary – Ultrafresh Modular Solutions Limited
Financial Results for Quarter ended 31st March 2024 INDIAN SUBSIDIARY – ULTRAFRESH MODULAR SOLUTIONS LIMITED Ultrafresh achieved a sale of Rs 7.9 Crores during Q4 FY 24 (PY Q4: Rs 5.5 Crores) and Rs 31.2 Crores for 12 Months’ FY24 (PY: 23.1 Crores) Being an Associate Company up to December 2022,
Slide 18: Going Forward
Financial Results for Quarter ended 31st March 2024 GOING FORWARD Amid the deteriorating global economy with the continued geo-political crisis, India turned out to be one of the fastest growing economies during this period. With the expectation of around 7% GDP growth in FY25 and the estimated
Slide 19: Safe Harbour
Financial Results for Quarter ended 31st March 2024 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
Slide 20: Product Launches Q4 FY24
PRODUCT LAUNCHES Q4 FY24 19
Slide 21: Q4 Launches - Appliances
Q4 Launches - Appliances LED Indicator for ensuring safety Infrared Cooktop Prism 3 and 4 Jar -750W Dura Plus 600 Chimney Magic Plus 3B SS
Slide 22: Q4 Key Launches - Kitchenware
Q4 Key Launches - Kitchenware Omega Diecast Plus Kadai with Glass Lid Casserole with Glass Lid Fry Pan Dosa Tawa Ceraglide range
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