Buy TTK Prestige; target of Rs 1270: ICICI Direct
ICICI Direct is bullish on TTK Prestige has recommended buy rating on the stock with a target price of Rs 1270 in its research report dated February 03, 2021.03-02-2022
03-02-2022
Q3FY22 Quarterly Result Announced for TTK Prestige Ltd.
Consumer Durables company TTK Prestige declares Q3FY22 result: Due to change in the calendar of festivals as compared to previous year measuring performance over the PY Q3 may not be appropriate. Domestic Sales grew by 5% from Rs 662.33 Crores to Rs 694.61 Crores on a much larger base of the previous year Q3 which was much higher than pre Covid levels Export Sales for the quarter grew by 44% from Rs 17.08 Crores to Rs.24.51 Crores. Total Sales grew by 6% from Rs 679.41 Crores to Rs 719.12 Crores. EBITDA was at Rs 130.96 Crores as compared to PY Rs 126.64 Crores: a growth of 3.4% EBITDA margin was around 18.2% (PY 18.6%) Profit before Tax: Rs 118.87 Crores (PY Rs 115.64 Crores); a growth of 2.8% Profit after Tax: Rs 88.65 Crores (PY: Rs 86.53 Crores); a growth of 2.5% EPS stood at Rs. 6.40 (PY Rs.6.24) [Note: Face value Rs 1 per share] Consolidated turnover grew by 5.5% from Rs.725.63 Crores to Rs.765.33 Crores. Consolidated Profit before Tax (before loss from discontinued operations) stood at Rs 121.41 Crores (PY Rs.119.84 Crores) Consolidated Profit after Tax (before loss from discontinued operations) stood at Rs 90.70 Crores (PY Rs.89.95 Crores) Consolidated EPS (before loss from discontinued operations) stood at Rs.6.54 (PY Rs.6.49) [Note: Face value Rs 1 per share, the split having taken place in December 2021] Result PDF01-02-2022
TTK PRESTIGE LTD. - 517506 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Data to be shared with Analysts - on 02.02.202201-02-2022
TTK PRESTIGE LTD. - 517506 - Corporate Action-Board approves Dividend
Board approves payment of an Interim Dividend for the FY 2021-22 at Rs. 2.50 per share01-02-2022
TTK PRESTIGE LTD. - 517506 - Record Date For Payment Of Interim Dividend
Company fixed Record Date as 12th February, 2022 as Record for the payment of Interim Dividend01-02-2022
TTK PRESTIGE LTD. - 517506 - Board declares Interim Dividend
TTK Prestige Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 01, 2022, inter alia, have approved payment of Interim Dividend of Rs. 2.50 per share.The said Interim Dividend shall be paid to shareholders on March 02, 2022.01-02-2022
TTK PRESTIGE LTD. - 517506 - Unaudited Financial Results For Quarter Ended 31St December, 2021
Approval of Unaudited Results for the quarter and nine months ended 31st December, 202101-02-2022
TTK PRESTIGE LTD. - 517506 - Board Meeting Outcome for Outcome Of The Board Meeting - February 01, 2022
Approval of unaudited financial results for the 3rd quarter and nine months ended 31st December, 2021 and payment of Interim Dividend for FY 2021-2201-02-2022
TTK PRESTIGE LTD. - 517506 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Earnings Call for the Third Quarter and nine months ended December 31, 2021, on February 2, 2021 at 3.30 p.m.25-01-2022