TTK Prestige is a leading Indian kitchen appliances manufacturer known for its high-quality products and innovative designs. With a strong reputation and brand recognition, TTK Prestige has become a popular investment option among investors. In this article, we will take a closer look at the company’s share price performance and provide a detailed analysis of the company’s growth prospects and future price target from 2023 to 2030. We will also consider the various factors affecting the share price and discuss the investment potential of TTK Prestige for both short and long-term investors.
TTK PRESTIGE SHARE PRICE IN RECENT NEWS
- The Managing Director of TTK Prestige Ltd believes the government should extend tax benefits to the middle class.
- Although TTK Prestige’s shares have recovered, the outcome of the upcoming festive season will be critical.
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TTK PRESTIGE SHARE PRICE TARGET 2023
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TTK PRESTIGE is expected to see a bullish trend in the year 2023, with the share price predicted to grow at a significant percentage. The company is expected to start the year on a high note, with a maximum price of ₹778.90 in February 2023 and a minimum price of ₹599.15. This growth is expected to continue in the following months, with the share price reaching its highest predicted growth of ₹1,045.01 in December 2023 and a minimum of ₹803.85.
The share price is expected to experience an uptrend throughout the year, with the highest growth percentage seen in the months of December 2023. Investors can expect to see a positive return on their investment in TTK PRESTIGE in 2023.
TTK PRESTIGE SHARE PRICE TARGET 2024
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TTK PRESTIGE is predicted to continue its bullish trend into 2024, with the share price expected to experience steady growth throughout the year. The maximum share price target for 2024 is ₹1,466.07, which is expected to be reached in October 2024, while the minimum share price target is ₹758.17, which is predicted to occur in May 2024.
The company is expected to start the year with a maximum price of ₹1,100.01 in January 2024 and a minimum price of ₹1037.03. The share price is expected to experience its highest growth in November 2024, with a maximum price of ₹1,434.37 and a minimum price of ₹1,103.36. These predictions suggest that investing in TTK PRESTIGE in 2024 could yield a positive return for investors.
TTK PRESTIGE SHARE PRICE TARGET 2025
|TTK PRESTIGE SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
The year 2025 is expected to be a strong one for TTK PRESTIGE, with predictions of continued growth and a bullish trend. The maximum share price target for 2025 is ₹1,774.71, which is expected to occur in December 2025, while the minimum share price target is ₹1,029.85, which is predicted to occur in May 2025.
The company is expected to start the year with a maximum price of ₹1,492.32 in January 2025 and a minimum price of ₹1,147.94. The highest growth is expected in November 2025, with a maximum price of ₹1,739.92 and a minimum price of ₹1,338.40. These predictions suggest that investing in TTK PRESTIGE in 2025 could be a wise decision for investors looking for growth opportunities.
TTK PRESTIGE SHARE PRICE TARGET 2026 TO 2030
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The TTK PRESTIGE share price target for 2026 is expected to be between ₹1,242.30 and ₹869.61, showing a growth potential of approximately 18.4% from the minimum target. In 2027, the share price is estimated to be in the range of ₹1,055.95 to ₹739.17, reflecting a bullish outlook for the company.
The year 2028 is expected to see a substantial increase in the share price with a maximum target of ₹1,900.72 and a minimum target of ₹1,330.50, representing a growth of approximately 79.4% from the minimum price target. In 2029, the share price is predicted to reach an all-time high with a maximum target of ₹3,904.37 and a minimum target of ₹2,733.06, demonstrating a strong uptrend in the company’s performance.
The year 2030 is expected to continue the bullish trend with a maximum target of ₹4,348.05 and a minimum target of ₹3,043.63, indicating a growth of approximately 12.7% from the minimum price target.
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TTK PRESTIGE FINANCIAL STRENGTH (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|
TTK Prestige’s financial statement of the last five years shows a positive trend in the company’s growth. The revenue growth has been steady with a maximum growth rate of 24.46% in FY 2022 and a minimum growth rate of -1.62% in FY 2020.
The total expenses have also increased with a maximum growth rate of 23.22% in FY 2022 and a minimum growth rate of 0.31% in FY 2020.
The company’s operating profit margin has remained relatively stable with a maximum of 15.30% in FY 2022 and a minimum of 12.13% in FY 2020.
The profit after tax (PAT) has also increased with a maximum growth rate of 28.74% in FY 2022 and a minimum growth rate of -3.52% in FY 2020.
The net profit margin has shown a positive trend with a maximum of 11.19% in FY 2022 and a minimum of 8.95% in FY 2020. The basic EPS has also increased with a maximum of 21.99 in FY 2022 and a minimum of 133.13 in FY 2020.
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TTK PRESTIGE SHARE PRICE BY EXPERTS
- ICICI Securities recommends purchasing TTK Prestige with a target price of ₹1000.
The share price target of TTK Securities in 2023 is 1045.01 INR.
The share price target of TTK Securities in 2027 is 1055.95 INR.
The share price target of TTK Securities in 2030 is 4348.05 INR.
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THE BOTTOM LINE: TTK PRESTIGE SHARE PRICE TARGET 2023 TO 2030
TTK Prestige has shown a steady growth in terms of revenue, expenses, and profit after tax (PAT). The company’s total revenue grew by an average of 11.48% annually over the last five years, with the highest growth rate of 24.46% recorded in FY 2022. Meanwhile, the company’s expenses grew at an average rate of 10.32% annually, with a growth rate of 23.22% in FY 2022.
The profit after tax (PAT) showed a healthy growth rate of 28.74% in FY 2022, compared to an average growth rate of 20.26% over the last five years. The company’s operating profit margin and net profit margin also increased over the years, indicating a stable and efficient management of resources. The basic earnings per share (EPS) in FY 2022 were also impressive, reflecting the company’s strong financial performance.
In conclusion, based on the strong financial performance and growth in revenue, expenses, and profit after tax, it can be said that TTK Prestige shares are a good buy for investors looking for a long-term investment opportunity. However, it is always advisable to consider other factors such as market conditions, industry trends, and future outlook before making any investment decision.