TTK Prestige profit jumps 89% on revenue up 34% in Q1
Strong growth partly aided by low base and a ₹7.3 cr reversal of labour provisions. Margins expand as transformation initiatives show results.
— 6 earlier stories on TTK Prestige Ltd. →What's new
- Revenue ₹771 cr, up 34% YoY (best quarter in recent years).
- Net profit ₹66 cr, up 89%, includes ₹7.3 cr exceptional gain.
- Extends Q4 FY26's 14.4% domestic growth momentum.
Why this matters
The 34% revenue jump is the strongest in years, but the comparison benefits from a weak prior year (4.7% growth). Profit growth is flattered by a one-off reversal, yet operating margins are expanding. The result confirms demand recovery but raises the bar for subsequent quarters.
What we're watching
- Can revenue growth sustain as the base normalises?
- EBITDA margin trajectory (management targets 13-14%).
- Any further labour-code adjustments or reclassifications.
The full read
TTK Prestige opened FY27 with a bang: revenue of ₹771 crore, up 34% year on year, and net profit of ₹66 crore, up 89%. The headline numbers flatter a low base (Q1 last year grew just 4.7%), but the momentum is real, extending Q4 FY26's 14.4% domestic growth. The bottom line includes a ₹7.3 crore exceptional gain from reversing labour code provisions; strip that out, and profit still rose sharply on better margins. Management's transformation initiatives are showing through. At a market cap of ₹7,814 crore, the stock trades at roughly 30x annualised Q1 earnings. The real test: whether TTK can sustain double-digit growth as the base normalises. The next two quarters will tell.
Questions answered
- How did TTK Prestige's Q1 FY27 revenue compare to the previous quarter?
- Revenue of ₹771 cr is up 5.8% from Q4 FY26's ₹729 cr, but the YoY comparison is more striking at 34% due to a low base.
- What drove the 89% profit jump?
- The profit includes a ₹7.3 cr exceptional gain from reversing labour code provisions. Even without that, operating profit rose sharply, reflecting better margins.
- Is this growth sustainable?
- Q1 FY26 was unusually weak (4.7% domestic growth), so the current quarter benefits from an easy comparison. Sustaining double-digit revenue growth will be a tougher test.
- How does this quarter change the outlook for FY27?
- It sets a strong base, but management's 13-14% EBITDA margin target now looks achievable if demand holds. The key is whether the 34% revenue growth rate can be maintained.
- What is the company's market valuation?
- At ₹7,814 cr market cap and annualised Q1 profit of ~₹264 cr, the P/E is around 30x. This suggests the market has priced in continued growth.
TTK Prestige Ltd.
Latest quarter · Mar 2026
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Story so far
All notes on TTKPRESTIG →- 28 Jul 2026 · 1:07 PM IST TTK Prestige profit jumps 89% on revenue up 34% in Q1
- today TTK Prestige posts 34% volume-led sales growth, sets 13% margin target
- today TTK Prestige net profit nearly doubles in Q1, one-time boost aids results
- 67d ago TTK Prestige targets 13-14% EBITDA margins after Q4 growth jump
- 67d ago TTK Prestige posts 14% PAT growth on ₹2,773 cr revenue in FY26