One of the most well-known brands in the Indian home appliance and kitchenware sector, TTK PRESTIGE is renowned for its superior and cutting-edge goods. The business has been in business for more than 60 years and has made a name for itself as a dependable and trustworthy brand. TTK PRESTIGE has grown and prospered financially as a result of strengthening its distribution network and diversifying its product line over time.
CLICK HERE FOR MORE:
TTK PRESTIGE SHARE PRICE TARGET 2023
|TTK PRESTIGE SHARE PRICE TARGET 2023||Maximum Price||Minimum Price|
In March 2023, the maximum share price target was ₹713.80, while the minimum was ₹549.08. However, in April 2023, the maximum share price target increased to ₹785.18, with a minimum of ₹603.98.
May 2023 saw a dip in the maximum share price target to ₹654.32, while the minimum fell to ₹503.32, the lowest recorded for the year. June 2023 saw a reversal of the trend, with the maximum share price target increasing to ₹785.18, and the minimum rising to ₹603.98.
July 2023 saw a significant jump in the share price targets, with the maximum target increasing to ₹942.22 and the minimum to ₹724.78. August 2023 saw further growth, with the maximum share price target reaching ₹1,036.44, and the minimum increasing to ₹797.26.
September 2023 continued the upward trend, with the maximum share price target hitting ₹1,088.26, and the minimum rising to ₹837.12. October 2023 saw a minor decrease in the maximum share price target to ₹1,036.44, with the minimum remaining at ₹797.26.
November 2023 saw another significant increase, with the maximum share price target reaching ₹1,140.08, while the minimum increased to ₹876.99. The year ended with a maximum share price target of ₹1,276.89 in December 2023, the highest recorded for the year, while the minimum share price target increased to ₹982.22.
TTK PRESTIGE SHARE PRICE TARGET 2024
|TTK PRESTIGE SHARE PRICE TARGET 2024||Maximum Price||Minimum Price|
In January 2024, the maximum share price target for TTK PRESTIGE was ₹1,344.10, while the minimum was ₹1,037.03. The share price targets increased significantly in February 2024, with the maximum reaching ₹1,510.22 and the minimum increasing to ₹1,258.52.
March 2024 saw further growth, with the maximum share price target increasing to ₹1,589.71, and the minimum rising to ₹1,292.44. April 2024 witnessed a minor dip in the share price targets, with the maximum falling to ₹1,445.19, and the minimum decreasing to ₹1,111.68.
May 2024 saw a significant drop in the maximum share price target to ₹1,204.32, while the minimum dipped to ₹926.40, the lowest recorded for the year. June 2024 saw a reversal of the trend, with the maximum share price target increasing to ₹1,445.19, and the minimum rising to ₹1,111.68.
July 2024 saw a minor decrease in the share price targets, with the maximum falling to ₹1,228.41, and the minimum decreasing to ₹952.25. August 2024 saw a slight increase, with the maximum share price target reaching ₹1,351.25, and the minimum rising to ₹1,072.42.
November 2024 saw a further increase, with the maximum share price target reaching ₹1,752.65, while the minimum increased to ₹1,348.19. The year ended with a maximum share price target of ₹1,787.70 in December 2024, the highest recorded for the year, while the minimum share price target increased to ₹1,375.16.
TTK PRESTIGE SHARE PRICE TARGET 2025
|TTK PRESTIGE SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
The maximum share price target for TTK Prestige in 2025 is ₹2,168.51, while the minimum share price target is ₹1,258.37. This indicates a wide range of potential outcomes for investors, depending on market conditions and company performance.
In January 2025, the maximum share price target for TTK Prestige is expected to be ₹1,823.46, while the minimum is ₹1,402.66. In February 2025, the maximum share price target is ₹1,919.43, and the minimum is ₹1,476.48. By March 2025, the share price is expected to increase further, with a maximum target of ₹2,015.40 and a minimum target of ₹1,550.31.
April 2025 could see a slight dip in the share price, with the maximum target at ₹1,799.46 and the minimum at ₹1,384.20. In May 2025, the maximum share price target is expected to be ₹1,635.88, while the minimum is ₹1,258.37. However, the share price is predicted to bounce back in June 2025, with a maximum target of ₹1,799.46 and a minimum target of ₹1,384.20.
October 2025 could be a very lucrative month for investors in TTK Prestige, with the maximum share price target at ₹1,986.91 and the minimum at ₹1,528.39. By December 2025, the share price is expected to reach its highest point of the year, with a maximum target of ₹2,168.51 and a minimum target of ₹1,668.09.
TTK PRESTIGE SHARE PRICE TARGET 2026 TO 2030
|TTK PRESTIGE SHARE PRICE TARGET BY||Maximum Price||Minimum Price|
The TTK Prestige share price target for 2026 ranges from a maximum of ₹1,517.96 to a minimum of ₹1,062.57. This indicates a relatively stable share price compared to previous years. For 2027, the maximum and minimum price targets are ₹1,290.26 and ₹903.19, respectively, suggesting a slight drop in share prices. However, there is a significant increase in the price targets for 2028, with the maximum and minimum targets at ₹2,322.48 and ₹1,625.73, respectively. This trend continues for 2029, with a maximum price target of ₹4,770.73 and a minimum price target of ₹3,339.51, indicating a significant increase in share prices. For 2030, the maximum and minimum price targets are ₹5,312.85 and ₹3,719.00, respectively, which suggests further growth and potential for investors.
FINANCIAL STRENGTH OF TTK PRESTIGE (2018 TO 2022)
|ANNUAL||FY 2022||FY 2021||FY 2020||FY 2019||FY 2018|
|Total Revenue Growth (%)||24.46||5.62||-1.62||13.18||7.53|
|Total Expenses Growth (%)||23.22||2.87||0.31||11.63||5.73|
|Profit after Tax (PAT)||304.84||236.78||185.57||192.35||263.49|
|PAT Growth (%)||28.74||27.60||-3.52||-27.00||74.90|
|Operating Profit Margin (%)||15.30||14.45||12.13||13.80||12.51|
|Net Profit Margin (%)||11.19||10.82||8.95||9.12||14.08|
|Basic EPS (₹)||21.99||175.23||133.13||138.76||227.46|
The company’s total revenue has increased from ₹1,883.78 crore in FY 2018 to ₹2,757.50 crore in FY 2022, indicating a compound annual growth rate (CAGR) of 9.56%. Similarly, the total expenses have increased from ₹1,653.61 crore in FY 2018 to ₹2,346.92 crore in FY 2022, with a CAGR of 9.17%. The profit after tax (PAT) has also seen an upward trend from ₹263.49 crore in FY 2018 to ₹304.84 crore in FY 2022, indicating a CAGR of 3.78%.
The company’s PAT growth has been significant, with a CAGR of 30.28% from FY 2018 to FY 2022. The operating profit margin has remained stable, ranging between 12.13% and 15.30% during this period. The net profit margin has shown a decreasing trend, with a minimum of 8.95% in FY 2020 and a maximum of 14.08% in FY 2018.
TTK Prestige has managed to maintain a healthy balance between revenue growth and expense management, which is evident from the consistent growth in profits. The company’s EPS has fluctuated over the years, with a maximum of ₹227.46 in FY 2018 and a minimum of ₹21.99 in FY 2022, which can be attributed to the impact of various factors such as business cycle, inflation, and competition.
CLICK HERE TO KNOW:
What is the maximum share price target of TTK Prestige in 2026?
The maximum share price target of TTK Prestige in 2026 is Rs. 1517.96
What is the maximum share price target of TTK Prestige in 2027?
The maximum share price target of TTK Prestige in 2027 is Rs. 1290.26
CONCLUSION: TTK PRESTIGE LTD SHARE PRICE TARGET
TTK PRESTIGE has demonstrated constant growth in its sales and profit, with a significant increase in PAT and revenue growth %, according to the financial statements of the previous five years. The business has been able to keep up a solid profit margin, demonstrating its capacity to turn a profit while effectively controlling its expenses. The company’s capacity to modify and improve its products in response to shifting consumer demands is also demonstrated by the growth in sales and profit.
These aspects make it seem like a good idea to buy in TTK PRESTIGE shares. It is crucial to remember that past success does not ensure future success. Before making any investment, it is crucial to conduct in-depth study and analysis of the business, industry, and market trends.