TTK PRESTIGE LTD.
A TTK Group Chennai based company, TTK prestige is one of the leadingplayers in the domestic kitchen appliances industry. Its product portfolio spansfrom domestic cooking vessels to electrical appliances and has recently forayedinto modular kitchen designing. TTK
products include pressure cookers, non-stick cookware, electrical appliances & gasstoves all of which command high brand recall and a price premium over competitors.
topline has grown at 150%+ CAGR over the last 5 years.Profitabilityalso improved and grew by 30%+ over the same time period. Thestrategy for maintaining growth and improving profitability has been productinnovation, brand building and financial prudence
The company has over the years evolved from being a mere pressure cookerproduct brand to a full-fledged kitchen appliances brand. Its wide productportfolio and wide spread retail initiative will help company grow faster thanthe industry, while branded industry itself will grow at 5-6%.
The pressure cooker industry, which has a penetration of mere 30-35% in India, has a lotof scope of growth with increased availability of LPG & piped natural gas in the nextfew years. While the non-stick cookware segment will grow on the back of