1. At a Glance
TTK Prestige just cooked up a lukewarm Q1 FY26: Revenue ₹609 Cr (-3% YoY), Net Profit ₹35 Cr (down 37% YoY, thanks to a ₹32 Cr impairment). Stock sits at ₹639 with a sky-high P/E of 60. The brand remains iconic, but financials say it’s simmering, not sizzling.
2. Introduction
Remember the pressure cooker whistle from your childhood? That’s TTK Prestige – a brand every Indian kitchen knows. But now, instead of whistling profits, the company is blowing off steam with weak margins and declining growth.
3. Business Model – WTF Do They Even Do?
- Pressure Cookers – The OG cash cow.
- Cookware & Gas Stoves – Pots, pans, and burners.
- Small Appliances – Induction cooktops, rice cookers.
- Water Purifiers – Trying to diversify.
They sell “kitchen happiness” but investors need better seasoning.
4. Financials Overview
