TTK PRESTIGE LTD

Manufactures and sells kitchen appliances and cookware in India — including induction cooktops, pressure cookers, gas stoves, and triply, ceramic and cast iron cookware — under the Prestige and Judge brands. Operates 6 plants with 3,970 employees and workers, including manufacturing units at Hosur, Tamil Nadu and Roorkee, Uttarakhand. Distribution is through 700+ exclusive Prestige stores alongside general retail, with the domestic market dominating — Q1 FY27 domestic revenue was Rs 758.6 cr versus exports of Rs 12.8 cr. FY26 consolidated revenue was Rs 2,973.57 cr with net profit of Rs 156.67 cr; Q1 FY27 standalone revenue grew 34% year-on-year to Rs 771.36 cr. Reported FY26 cost mix: materials 17.3% of revenue, employees 10.6%, other operating expenses 23.4%, depreciation 2.7%, capex 3.0%. Raw material inflation of ~10% (15% in select categories) is flagged as a current headwind, while management is executing a multi-year capex and opex investment programme — about INR300 cr capex and INR200 cr opex — targeting EBITDA margin of 13-14% after the cycle ends.