TTK Prestige (517506) Q1 25/26 earnings summary

Executive summary

• Domestic sales grew 4.7% year-over-year to Rs 559.2 Crores, led by e-commerce and general trade, while rural channels remained weak.

• 38 new SKUs were launched this quarter, with a focus on consolidating and scaling new product development; 76 more are planned for Q2.

• Leadership transition is complete, with all senior management positions filled and focus on capability and capacity building.

• Unaudited Q1 FY2025 results were approved by the Board and reviewed by statutory auditors without material misstatement.

Financial highlights

• Standalone revenue from operations for Q1 FY2025 was ₹574.77 crore, up from ₹551.25 crore in Q1 FY2024; consolidated revenue was ₹609.30 crore.

• Gross margin reached 44% for the quarter, attributed to stable commodity prices.

• Standalone EBITDA margin was 8.6% after strategy expenses; before these, it was 11.9%.

• Standalone net profit after tax for Q1 FY2025 was ₹35.13 crore, down from ₹46.85 crore in Q1 FY2024.

• Free cash exceeded Rs 816 Crores after capex and working capital deployment.

Outlook and guidance

• Management expects EBITDA margins to recover to 13%+ after the current investment phase and ongoing business excellence initiatives.

• Gross margin is expected to remain around current levels, subject to commodity price fluctuations.

• 76 new SKUs are planned for launch in Q2 FY26.

• Export prospects remain positive but face tariff and shipment risks.