A Mini Project Report On TTK Prestige

© MGM-IOM/ Mini Project/ 2012
A MINI PROJECT REPORT

ON
TTK Prestige
By
Tushar Narayan Chole
© MGM-IOM/ Mini Project/ 2012 Page 1

A MINI PROJECT REPORT

ON
TTK Prestige
In Partial fulfillment of
Requirements for the award of degree of
MASTER OF BUSINESS ADMINISTRATION (MBA)
Of
Dr. B.A.M. University, Aurangabad
Submitted By
Roll No.: R12008
Division: A
Semester-I (2012-13)
MGM’s
Institute of Management (IOM),
CIDCO, Aurangabad (MS)

DECLARATION
I, undersigned, hereby declare that the mini project report

on TTK Prestige submitted to the MGM’s Institute of
Management, CIDCO, Aurangabad. It is my original work &
the conclusions drawn there in are based on the data &
material collected by myself.
Date: - 25 October 2012

Place: - Aurangabad.
Roll no.R12008 Division: A

ACKNOWLEDGMENT
My deepest thanks to Lecturer Ms. Bhakti Banwaskar

the Guide of the project for guiding and correcting
various documents of mine with attention and care.
She has taken pain to go through the project and
make necessary correction as and when needed.
I also express my thanks to the Dean of, MGM’s

Institute of Management Mr.Saha G.G. Who gave me
the golden opportunity to do this wonderful project
on the TTK Prestige which also helped me in doing
a lot of Research and i came to know about so many
new things I am really thankful to them.
Secondly i would also like to thank my parents and

friends who helped me a lot in finishing this project
within the limited time.
I am making this project not only for marks but to

also increase my knowledge. THANKS AGAIN TO ALL
WHO HELPED ME.
MGM’s
Institute of Management (IOM),
CIDCO, Aurangabad (MS)
CERTIFICATE
This is to certify that the mini project report on TTK

Prestige submitted by Tushar Narayan Chole is the result
of his original research work completed under our
supervision. To the best of our knowledge & belief the work
embodied in this project report has not formed earlier the
basis for the award of any degree or similar title of this for
any other examining body.
Project Guide Dean-Academics Director
Ms. Bhakti Banwaskar Mr.Saha G.G. Dr. Pardeep Kumar

INDEX
TOPIC NAME PAGE NO
PART 1- PROFILE OF COMPANY 6-9
PART 2- ANALYSIS & STATISTICS 10
PRODUCTION STATISTICS 10-12
FINANCIAL ANALYSIS 13-14
HUMAN RESOURCE MANAGEMENT 15
MARKETING STATISTICS 16-18
FINANCIAL STATISTICS 19
BIBLIOGRAPHY 20

PROFILE OF COMPANY
Name : TTK Prestige
Year of establishment of company: 1928
Commencement: It was in the year 1928 that T T Krishnamachari, the first finance minister of
India. Founded TTK Prestige, one of the oldest business houses in the country today. Having
initially pioneered and established a network of distribution, TTK Prestige moved to
manufacturing, post-independence. Being a dynamic and fast growing company, it soon
became the leading manufacturer of Pressure cookers in India and offered the most
comprehensive range of kitchenware in the world.
Location:
REGISTERED OFFICE & WORKS

Plot No. 38, SIPCOT Industrial Complex
Hosur - 635 126, Tamil Nadu.
CORPORATE OFFICE
11th Floor, Brigade Towers
135, Brigade Road
Bengaluru - 560 025.

FACTORIES
82 & 85, SIPCOT Industrial Complex
Hosur - 635 126
Tamil Nadu.
SF-234/1, Pollachi Road
Myleripalayam Village
Coimbatore - 641 032
Tamil Nadu.
Plot No. 1A & 2
Dev Bhoomi Industrial Estate
Roorkee - 247 667
Uttarakhand
BRANCHES
Ahmedabad, Bengaluru, Chandigarh, Chennai, Cuttack, Delhi, Dehradun, Ernakulam,
Ghaziabad, Goa, Gurgaon, Guwahati, Hubli, Hyderabad, Indore, Jaipur, Jamshedpur,
Kolkatta, Lucknow, Ludhiana, Mumbai, Patna, Pune, Raipur, Trichy & Vijayawada
TTK Prestige Products:

Nonstick Cook Wears Mixture Grinder Sandwich ,Griller Toaster
Cookers Gas Stoves Electric Rice Cooker
Electrical Home Appliances

Indection Cook Tops Electrical Conseel Cattles Pop Up Toaster
Coockers TTK prestige hand

blanders
Filter Coffee,Expresso
Coffee Machine
Organization structure: Executive

Chairman

Vice
Chairman
Managing
Director
Director Director
Director Director
Director Director
Director &
Board of Director:
Whole-time
Executive Chairman Secretary
Shri. T.T. Jagannathan
Vice Chairman

Shri. T.T. Raghunathan
Managing Director
Shri. S. Ravichandran
Director
Shri. Ajay I. Thakore
Director
Shri. R. Srinivasan
Director
Dr. (Mrs.) Latha Jagannathan
Director
Dr. (Mrs.) Vandana R. Walvekar
Director
Shri. Dileep Kumar Krishnaswamy
Director
Shri. Arun K. Thiagarajan
Director & Whole-time Secretary

Shri. K. Shankaran -
Vision:
The Company envisions being a dominant global player in the Pressure Cooker category and
the leading Branded Player in the Domestic Kitchen and Kitchen Appliances segment in the
Indian Market and thus occupying a place of pride in the Indian Kitchens. This shall be
achieved through Customer Centric Processes, People Development and Operational Excellence
Mission:
The basic mission of the Company is “Quality Consumer Products at affordable prices” and in
the process delivering long-term value to all stakeholders in the Company.

Analysis & Statistics
PRODUCTION STATISTICS:
Last 5 years in turnover and analysis:
------------------- in Rs. Cr. -------------------

Yearly Results of TTK Prestige
MAR '12 MAR '11 MAR '10 MAR '09 MAR '08
Sales Turnover 1,103.43 763.57 507.94 401.28 325.94
1,200.00
1,000.00
800.00
600.00
Sales Turnover
400.00
200.00
0.00
2012 2011 2010 2009 2008

Raw materials:
RAW MATERIALS ------------------- IN RS. CR. MAR 2008

-------------------
Product Name Unit Quantity Value
Others Not Applicable NA 116.50
Aluminium Metric Tonnes 2,950 47.29
Stainless Steel Metric Tonnes 593 11.11
Total 174.90

-------------------
Total 218.84

-------------------
Total 124.58

-------------------


Others Not Reported NA 105.20
Total 184.80

-------------------
Components Not Reported NA 138.62
Aluminium Metric Tonnes NA 93.89
Stainless Steel Metric Tonnes NA 14.06
Total 246.57

180
160
140
120
100 Others
80 Aluminium
60 Stainless Steel
40
20
0
2008 2009 2010 2011 2012
Raw Materials
Source : Dion Global Solutions Limited
Financial analysis
Own fund, Borrowed fund-
YEARS 2012 2011 2010 2009 2008
OWN FUND 339.01 339.01 339.01 339.02 339.02

BORROWED 11089.05 9167.21 4089.18 1723.16 1340.31

FUND
(IN CRORE)
Interpretation:
As per above graph we shows that the own-fund & borrowed-fund of the company in 2008-
2012, we can see that the company continuously stable in own-fund from 339.02 to 339.01 &
borrowed-fund from 1340.31 to 11089.05 cr.
Financial analysis:
Investment of fund in current assets and fixed assets
(Rs in Lakh.)

YEARS 2008 2009 2010 2011 2012
Current 4500 4852 6569 19698 68360

Assets
Fixed Assets 5200 5975 6400 9143 24010
ROI
ROI
TTK.NS INDUSTRY SECTOR
ROI: 33.47 7.19 11.40
Human resource management:
 No Of Employees - 15000
 manufacturing units - 15

 Business Per Employee- 347.00 ( In Rs Lakh )
 Profit Per Employee - 3.00 ( In Lakh )
Budgetary provision for employee welfare scheme of last 5 years-
(Rs in Lakh )
Year 2012 2011 2010 2009 2008
Provision 160154.16 152234.49 126095.47 119291.05 119789.20
Welfare Benefits assured to the employees:
 Provident Fund
 Health Care(other than vision or dental)
 Life insurance
 Dental care
 Vision care
 Temporary disability (accident and sickness)
 Prepaid legal
 Long-term disability
 Death benefits (include travel accident but not life insurance)
 Other

Marketing Statistics:
------------------- in Rs. Cr. -------------------

Yearly Results of TTK Prestige
MAR '12 MAR '11 MAR '10 MAR '09 MAR '08
Sales Turnover 1,103.43 763.57 507.94 401.28 325.94
Other Income 3.08 4.30 1.14 0.50 1.49
Total Income 1,106.51 767.87 509.08 401.78 327.43
Total Expenses 928.31 641.91 432.92 363.65 294.66
Operating Profit 172.04 121.66 75.02 37.63 31.28
Profit On Sale Of Assets -- -- -- -- --
Profit On Sale Of Investments -- -- -- -- --
Gain/Loss On Foreign Exchange -- -- -- -- --
VRS Adjustment -- -- -- -- --
Other Extraordinary Income/Expenses -- -- -- -- --
Total Extraordinary Income/Expenses -- -0.59 3.79 -- 2.83
Tax On Extraordinary Items -- -- -- -- --
Net Extra Ordinary Income/Expenses -- -- -- -- --
Gross Profit 175.12 125.96 76.16 38.13 32.77
Interest 5.64 0.76 1.14 5.65 7.67
PBDT 169.48 124.61 78.81 32.48 27.93
Depreciation 6.24 4.26 3.59 3.48 3.84
Depreciation On Revaluation Of Assets -- -- -- -- --
PBT 163.24 120.35 75.22 29.00 24.09
Tax 49.88 36.60 22.78 6.62 3.42
Net Profit 113.36 83.75 52.44 22.38 20.67

Prior Years Income/Expenses -- -- -- -- --
Depreciation for Previous Years Written Back/ -- -- -- -- --

Provided
Dividend -- -- -- -- --
Dividend Tax -- -- -- -- --
Dividend (%) -- -- -- -- --
Earnings Per Share 100.14 73.98 46.33 19.77 18.24
Book Value -- -- -- -- --
Equity 11.32 11.32 11.32 11.32 11.33
Reserves 271.62 178.00 110.69 71.17 55.40
Face Value 10.00 10.00 10.00 10.00 10.00

Source: Dion Global Solutions Limited
NAME LAST PRICE MARKET CAP. SALES NET PROFIT TOTAL ASSETS
(RS. CR.)
TURNOVER
TTK Prestige 3,132.35 3,546.16 1,103.43 113.36 302.40
Bajaj Electric 224.65 2,239.78 3,098.85 117.88 887.02
Panasonic App 80.35 76.68 179.86 -12.77 39.00
Khaitan Electric 59.10 67.97 441.34 -16.23 356.26
Sujana Uni 3.05 51.50 3,693.57 28.57 1,124.41
Polar Industries 2.75 5.83 0.06 -5.40 -91.91
Competitors in the market:

Financial statistics
Particulars Rs (in cores)
1.1 Net sales during the year 1,103.43

1.2 Less cost of goods sold - 928.31
_____________
Gross profit 175.12
1.3 Less administrative overhead (office exp.) - 06.24
_____________
168.88
1.4 Less interest and bank charges - 05.64
____________
Profit before interest and tax 163.24
1.5 Less provision for taxation and dividends - 49.88
_____________
Net profits transferred to balance sheet 113.36

BIBLIOGRAPHY-
I Have Taken The Help Of The Following Resources.
www.ttkprestige.com
www.moneycontrol.com
www.google.com
www.capitaline.com

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© MGM-IOM/ Mini Project/ 2012

A MINI PROJECT REPORT

© MGM-IOM/ Mini Project/ 2012 Page 1

A MINI PROJECT REPORT

© MGM-IOM/ Mini Project/ 2012 Page 2

I, undersigned, hereby declare that the mini project report

Date: - 25 October 2012

Roll no.R12008 Division: A

© MGM-IOM/ Mini Project/ 2012 Page 3

My deepest thanks to Lecturer Ms. Bhakti Banwaskar

I also express my thanks to the Dean of, MGM’s

Secondly i would also like to thank my parents and

I am making this project not only for marks but to

CIDCO, Aurangabad (MS)

This is to certify that the mini project report on TTK

Project Guide Dean-Academics Director

Ms. Bhakti Banwaskar Mr.Saha G.G. Dr. Pardeep Kumar

© MGM-IOM/ Mini Project/ 2012 Page 5

TOPIC NAME PAGE NO

PART 1- PROFILE OF COMPANY 6-9

PART 2- ANALYSIS & STATISTICS 10

PRODUCTION STATISTICS 10-12

FINANCIAL ANALYSIS 13-14

HUMAN RESOURCE MANAGEMENT 15

MARKETING STATISTICS 16-18

© MGM-IOM/ Mini Project/ 2012 Page 6

Name : TTK Prestige

Year of establishment of company: 1928

REGISTERED OFFICE & WORKS

Bengaluru - 560 025.

TTK Prestige Products:

© MGM-IOM/ Mini Project/ 2012 Page 7

Nonstick Cook Wears Mixture Grinder Sandwich ,Griller Toaster

Cookers Gas Stoves Electric Rice Cooker

Electrical Home Appliances

Coockers TTK prestige hand

Organization structure: Executive

© MGM-IOM/ Mini Project/ 2012 Page 8

© MGM-IOM/ Mini Project/ 2012 Page 9

Shri. T.T. Raghunathan

Director & Whole-time Secretary

© MGM-IOM/ Mini Project/ 2012 Page 10

Analysis & Statistics

Last 5 years in turnover and analysis:

------------------- in Rs. Cr. -------------------

Sales Turnover 1,103.43 763.57 507.94 401.28 325.94

© MGM-IOM/ Mini Project/ 2012 Page 11

RAW MATERIALS ------------------- IN RS. CR. MAR 2008

RAW MATERIALS ------------------- IN RS. CR. MAR 2009

RAW MATERIALS ------------------- IN RS. CR. MAR 2010

RAW MATERIALS ------------------- IN RS. CR. MAR 2011

© MGM-IOM/ Mini Project/ 2012 Page 12

Product Name Unit Quantity Value

RAW MATERIALS ------------------- IN RS. CR. MAR 2012

© MGM-IOM/ Mini Project/ 2012 Page 13

Source : Dion Global Solutions Limited

Own fund, Borrowed fund-

YEARS 2012 2011 2010 2009 2008

OWN FUND 339.01 339.01 339.01 339.02 339.02

© MGM-IOM/ Mini Project/ 2012 Page 14

BORROWED 11089.05 9167.21 4089.18 1723.16 1340.31

Investment of fund in current assets and fixed assets

© MGM-IOM/ Mini Project/ 2012 Page 15