Revenue climbs 12.3 per cent; board recommends Rs 7.50 dividend for FY26
TTK Prestige appears to have benefited from the LPG shortage in India linked to the ongoing US-Iran conflict, as demand for induction cooktops surged during March and April 2026. The increased traction in alternative cooking appliances was reflected in the company’s quarterly earnings, with the kitchen appliances maker reporting a sharp recovery in its financial performance for the quarter ended 31 March 2026.
The company returned to profitability during the March quarter as operations stabilised and the impact of last year’s exceptional losses faded.
TTK Prestige’s board has recommended a dividend of Rs 7.50 per equity share, equivalent to 750 per cent of the face value, for the financial year 2025-26. The proposed dividend remains subject to shareholder approval at the forthcoming Annual General Meeting.
Exceptional Loss Impact
During the corresponding quarter of the previous financial year, the company had booked a one-time impairment charge of Rs 71.4 crore related to goodwill impairment in its United Kingdom subsidiary. Higher operating expenses had also weighed on earnings during that period, resulting in a net loss.
For the March 2026 quarter, TTK Prestige posted a consolidated net profit of Rs 36.8 crore, compared with a net loss of Rs 40.6 crore in the year-ago period. The previous year’s bottom line had been significantly affected by the exceptional impairment charge, making the latest quarterly performance a clearer reflection of operational recovery.
Revenue from operations rose 12.3 per cent year-on-year to Rs 729 crore from Rs 650 crore in the corresponding quarter last year. Earnings before interest, taxes, depreciation and amortisation (Ebitda) increased 33.7 per cent to Rs 67 crore, compared with Rs 50.1 crore a year earlier.
Margin Expansion
The company’s Ebitdamargin expanded by 150 basis points to 9.2 per cent from 7.7 per cent in the same quarter last year, supported by tighter cost controls and improved pricing efficiencies.
According to the company’s Q4 financial metrics, the operational recovery and margin expansion indicate that TTK Prestige has managed input cost pressures effectively while continuing to reward shareholders through dividend payouts. The company is yet to announce the record date for the dividend.
