Houseware company TTK Prestige announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Domestic Sales was at Rs 566.9 crore (PY Rs 551.4 crore) registering a growth of 2.8%. Export Sales for the quarter was at Rs 13.5 crore (PY Rs 14.6 crore) Total Sales was at Rs 580.4 crore against Rs 566.0 crore of last year, registering a growth of 2.5% EBITDA was at Rs 100.0 crore as compared to PY Rs 94.9 crore; growth of 5.3% EBITDA margin was at 17.2% (PY 16.8%) Operating EBITDA margin was at 14.0% (PY 14.6%) Profit before Tax was at Rs 81.7 crore (PY Rs 79.7 crore); growth of 2.6% Profit after Tax is at Rs 63.1 crore (PY Rs 59.4 crore); growth of 6.4% EPS was at Rs 4.55 per equity share of face value Rs 1/- each (PY Rs 4.28) Consolidated turnover was Rs 622.6 crore (PY Rs 611.0 crore); growth of 1.9% Consolidated Profit before Tax stood at Rs 74.5 crore (PY Rs 78.1 crore) Consolidated Profit after Tax (incl. Share of Associates) is at Rs 57.4 crore (PY Rs 58.0 crore) Consolidated EPS was at Rs 4.24 per equity share of face value Rs 1/- each (PY Rs 4.29) FY24 Financial Highlights: Domestic Sales was Rs 2,430.4 crore (PY Rs 2,556.0 crore) Export Sales was Rs 70.4 crore (PY Rs 69.7 crore) Total Sales was Rs 2,500.7 crore against Rs 2,625.7 crore of last year Planned rationalization of the cleaning solutions portfolio resulted drop in top-line to the tune of Rs 10 crore. EBITDA was at Rs 386.0 crore as compared to PY Rs 402.2 crore EBITDA margin was at around 15.4% (PY 15.3%) Operating EBITDA margin was at 12.8% (PY 14.0%) Profit before Tax was at Rs 318.2 crore (PY Rs 349.5 crore) Profit after Tax was at Rs 238.8 crore (PY Rs 260.2 crore) EPS was at Rs 17.23 per equity share of face value Rs 1/- each (PY Rs 18.77) Consolidated turnover was Rs 2,678.1 crore (PY Rs 2,777.1 crore). Consolidated Profit before Tax stood at Rs 301.2 crore (PY Rs 343.2 crore) Consolidated Profit after Tax (incl. Share of Associates) is at Rs 225.3 crore (PY Rs 252.7 crore) Consolidated EPS was at Rs 16.48 per equity share of face value Rs 1/- each (PY Rs 18.34) Result PDF
Conference Call with TTK Prestige Management and Analysts on Q2FY24 Performance and Outlook. Listen to the full earnings transcript.
Houseware company TTK Prestige announced Q2FY24 & H1FY24 results: Q2FY24: Domestic Sales: Rs 665.4 crore (Previous Year: Rs 790.6 crore) - The delay in the festival season compared to the previous year impacted domestic sales. Export Sales for the quarter: Rs 18.3 crore (Previous Year: Rs 17.3 crore), registering a growth of 6%. Total Sales: Rs 683.7 crore, compared to Rs 807.9 crore in the previous year. EBITDA: Rs 100.15 crore (Previous Year: Rs 127.11 crore). EBITDA margin: 14.6% (Previous Year: 15.7%). Operating EBITDA margin: 12.4% (Previous Year: 14.8%). Profit before Tax: Rs 83.7 crore (Previous Year: Rs 115.0 crore). Profit after Tax: Rs 62.2 crore (Previous Year: Rs 85.7 crore). Earnings Per Share (EPS): Rs 4.49 per equity share of face value Re 1/- each (Previous Year: Rs 6.18). Consolidated turnover: Rs 729.5 crore (Previous Year: Rs 842.4 crore). Consolidated Profit before Tax: Rs 79.5 crore (Previous Year: Rs 113.7 crore). Consolidated Profit after Tax (including Share of Associates): Rs 59.04 crore (Previous Year: Rs 83.9 crore). Consolidated EPS: Rs 4.28 per equity share of face value Re 1/- each (Previous Year: Rs 6.05). H1FY24: Domestic Sales: Rs 1,195.7 crore (Previous Year: Rs 1,368.0 crore). Export Sales for H1FY24: Rs 38.0 crore (Previous Year: Rs 39.6 crore). Total Sales: Rs 1,233.7 crore, compared to Rs 1,407.6 crore in the last year. EBITDA: Rs 183.0 crore (Previous Year: Rs 216.7 crore). EBITDA margin: Around 14.8% (Previous Year: 15.4%). Operating EBITDA margin: 12.3% (Previous Year: 14.6%). Profit before Tax: Rs 151.6 crore (Previous Year: Rs 192.7 crore). Profit after Tax: Rs 112.6 crore (Previous Year: Rs 143.3 crore). EPS: Rs 8.13 per equity share of face value Re 1/- each (Previous Year: Rs 10.34). Consolidated turnover: Rs 1,317.1 crore (Previous Year: Rs 1,471.4 crore). Consolidated Profit before Tax: Rs 143.76 crore (Previous Year: Rs 186.8 crore). Consolidated Profit after Tax (including Share of Associates): Rs 106.35 crore (Previous Year: Rs 137.1 crore). Consolidated EPS: Rs 7.74 per equity share of face value Re 1/- each (Previous Year: Rs 9.89). Result PDF