NSECorrigendum3d ago · 24 Jul 2026, 08:15 pm

Corrigendum

TTK Prestige Limited · TTKPRESTIG

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TTK Prestige Limited has issued a corrigendum to correct an error in the presentation of 'Cost of Goods Sold' in its annual report for the year ended March 31, 2026. The error is an inter-se reclassification of Rs. 52.95 crores between two sub-components of 'Cost of Goods Sold' and does not affect the total cost of goods sold, which remains unchanged.

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Growth Catalyst1/10
Governance Concern1/10
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Liquidity Impact5/10
Market Sentiment5/10

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TTK Prestige Limited has informed the Exchange regarding Corrigendum to Correction to Disclosure in Annual Report Reclassification within Cost of Goods Sold with No Impact on Financial Results

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TTKPRESTIG1_24072026201450_Revised_Annual_Report_Signed.pdf

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July 24, 2026 National Stock Exchange BSE Limited “Exchange Plaza”, C-1, Block G, 27th Floor, Phiroze Jeejeebhoy Towers, Bandra- Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai – 400 051. Mumbai - 400 001. Scrip Symbol : TTKPRESTIG Scrip Code : 517506 Dear Sir, Sub.: Correction to Disclosure in Annual Report – Reclassification within ‘Cost of Goods Sold’ with No Impact on Financial Results We refer to our letter dated July 10, 2026, along with the Annual Report for the year ended March 31, 2026, submitted to the exchange on July 10, 2026, in compliance with Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 The Company wishes to inform that an inadvertent error was identified in the presentation of the break-up of ‘Cost of Goods Sold’ in Standalone and Consolidated Profit and Loss Statement for the financial year ended 31 March 2026 in Page 129 and Page 187 respectively. The error is limited to an inter-se reclassification of Rs. 52.95 crores between two sub-components of ‘Cost of Goods Sold’ (‘Cost of Materials Consumed’ and ‘Purchase of Stock-in-Trade’) and does not affect the total cost of goods sold, which remains unchanged. The details of the corrections are given in the below table: (in Rs Crores) Standalone Profit and Consolidated Profit and Loss Statement Loss Statement (Page 129) (Page 187) For Year Ended For Year Ended March 31, 2026 March 31, 2026 Particulars Previous Revised Previous Revised Amount Amount Amount Amount a) Cost of Materials 497.98 550.93 513.02 565.97 consumed b) Purchase of stock-in- 1130.72 1077.77 1215.51 1162.56 Trade c) Changes in Inventories (52.95) (52.95) (43.65) (43.65) of Finished Goods, Work in Progress and Stock-in- Trade Cost of Goods Sold 1575.75 1575.75 1684.88 1684.88 The corrected amounts have been appropriately incorporated in pages 129 and 187 respectively of the revised document. The aforesaid correction is limited to the inter-se presentation of the said disclosure between ‘Cost of Materials Consumed’ and ‘Purchase of Stock-in-Trade’, with the total cost of goods sold remaining unchanged, and does not have any impact on the financial statements, revenue, profitability, earnings per share, cash flows, net worth, or any other financial information including Audit Reports contained in the Annual Report. Accordingly, none of the key financial parameters or indicators relevant to shareholders’ and investors’ decision-making is affected in any manner. In the interest of transparency and completeness of disclosure, the Company has proactively issued this clarification. Please find enclosed the updated Annual Report of the Company for the financial year ended March 31, 2026. The same is available on the Company’s website at the following link: https://ttkprestige.com/wp-content/uploads/2026/07/TTK-Annual-Report_2025-26.pdf The Company regrets the inadvertent error and any inconvenience caused and requests you to kindly take the above information on record and do the needful. Thanking you, Yours faithfully, For TTK Prestige Limited, Manjula K V Company Secretary & Compliance Officer 70TH ANNUAL REPORT 2026 OMNIPOT CASTLITE CAST IRON FRY PAN TRI-PLY HAMMERED KADAI PRISM PLUS MIXER GRINDER STELLORA 3B GAS STOVE 70th ANNUAL REPORT 2025-26 TTK PRESTIGE LIMITED CONTENTS Page Page Board of Directors 1 Report on Corporate Governance 88 Historical Financial Highlights 2 Standalone Financials 117 Notice 3 Consolidated Financials 177 Board’s Report including Management’s Discussion 13 Salient Features of Financial 234 and Analysis Report with Annexures Statements of Subsidiaries Business Responsibility & Sustainability Report 42 Communication to the Shareholders 235 BOARD OF DIRECTORS Mr. T. T. Raghunathan Chairman Mr. Dhruv S. Moondhra Independent Director Dr. Mukund T. T. Vice Chairman Mr. V. Ranganathan Independent Director Mr. Venkatesh Vijayaraghavan Managing Director & CEO Ms. Sandhya Vasudevan Independent Director Mr. R. Saranyan Wholetime Director & CFO Mrs. Akila Krishnakumar Independent Director Mr. R. Srinivasan Non-Executive Director Mr. Prabhakar Jain Independent Director Mr. Girish Rao Independent Director REGISTERED OFFICE STATUTORY AUDITOR Plot No. 38, SIPCOT Industrial Complex, M/s. PKF SRIDHAR & SANTHANAM LLP Hosur - 635 126, Tamil Nadu, Chartered Accountants CIN : L85110TZ1955PLC015049 T8 & T9, GEM Plaza, 66, Infantry Road, Bengaluru - 560 001. website : www.ttkprestige.com COST AUDITOR Email : investorhelp@ttkprestige.com Ms. Jayanthi Hari #4, 2nd Street, North Gopalapuram CORPORATE OFFICE Chennai - 600 086. 1/1 & 1/2 ‘Nagarjuna Castle’, Wood Street, Richmond Town Bengaluru - 560 025. Tel: 080-68447100, 22217438 / 9 SECRETARIAL AUDITOR Mr. Parameshwar G. Hegde M/s. Hegde & Hegde FACTORIES Company Secretaries. • Plot No. 38, SIPCOT Industrial Complex # 56, 1st Cross, Silver Oak Street, Hosur - 635 126, Tamil Nadu. J P Nagar, 7th Phase, Bengaluru - 560 078. • 82 & 85, Sipcot Industrial Complex REGISTRARS AND SHARE TRANSFER AGENTS Hosur - 635 126, Tamil Nadu. KFin Technologies Limited • SF-234/1, Pollachi Road, Myleripalayam Village Selenium, Tower “B”, Plot 31-32, Gachibowli Coimbatore - 641 032, Tamil Nadu. Financial District, Nanakramguda • Plot No. 1A & 2, Dev Bhoomi Industrial Estate Hyderabad - 500 032. Roorkee - 247 667, Uttarakhand. BANKERS • Vemardi Road, Juni Jithardi Village Canara Bank Karjan Taluka, Vadodara - 391 240, Gujarat. Mid Corporate Branch, Jayanagar 3rd Block, Bengaluru - 560 011 • 231, Khardi, Shahpur Bank of Baroda Thane - 421 301, Maharastra. Mid Corporate Branch, 4/2 M.G. Road, Trinity Circle, Bengaluru - 560 001. HDFC Bank Limited BRANCHES Corporate Banking Branch Ahmedabad, Bengaluru, Chennai, Cuttack, Dehradun, No.11, Ground Floor, Global Tech Park Building, O Shaughnessy Road, Langford Town, Bengaluru - 560 025 Ernakulam, Ghaziabad, Gurgaon, Guwahati, Hubli, Hyderabad, The Hongkong and Shanghi Banking Corporation Limited Indore, Jaipur, Jammu, Kolkata, Lucknow, Ludhiana, Margao, HSBC Centre, 7, Mahatma Gandhi Road, Sivanchetti Gardens, Mumbai, Patna, Pune, Raipur, Ranchi, Tirichy, Vijayawada Bengaluru - 560 001. HISTORICAL DATA - STANDALONE (` in Crores) 2025-26 2024-25 2023-24 2022-23 2021-22 2020-21 2019-20 2018-19 2017-18 2016-17 PERFORMANCE 1 Net Sales 2,772.69 2,530.32 2,500.74 2,625.72 2,532.15 2,033.05 1,936.79 1,968.02 1,746.45 1,603.64 Other Income 67.83 75.16 75.11 42.85 34.98 27.53 24.61 25.60 13.71 6.74 Total Income 2,840.52 2,605.48 2,575.85 2,668.57 2,567.13 2,060.58 1,961.40 1,993.62 1,760.16 1,610.38 2 Profit before Interest, 361.47 339.01 386.00 402.24 441.21 342.17 285.54 311.48 248.54 201.65 Depreciation, Extraordinary Items & Tax 3 Interest 9.42 10.27 8.90 5.01 4.01 3.07 2.71 1.91 1.74 5.13 4 Depreciation 74.41 64.37 58.92 47.71 41.68 37.92 34.62 26.00 25.14 25.30 5 Profit / (Loss) before 277.64 264.37 318.18 349.52 395.52 301.18 248.21 283.57 221.66 171.22 extra ordinary items 6 Extra - Ordinary \ Exceptional (26.92) (32.26) - - - 11.90 - - 128.96 1.77 Items 7 Profit Before Tax 250.72 232.11 318.18 349.52 395.52 313.08 248.21 283.57 350.62 172.99 8 Taxation Provision 65.25 69.43 79.37 89.36 101.87 77.94 49.70 93.26 93.75 29.99 9 Profit After Tax 185.47 162.68 238.81 260.16 293.65 235.14 198.51 190.31 256.87 143.00 10 Other Comprehensive Income (1.48) (1.99) (3.91) (1.75) (0.73) (0.21) (1.51) (0.51) 0.24 (0.43) 11 Total Comprehensive Income for 183.99 160.69 234.90 258.41 292.92 234.93 197.00 189.80 257.11 142.57 the period 12 Dividend Proposed / Provision 102.71 82.17 83.17 83.17 83.17 69.31 27.72 41.58 34.66 31.34 13 Dividend Tax - - - - - - - 8.55 7.12 6.38 14 Dividend Declared % 750.00 600.00 600.00 600.00 600.00 500.00 200.00 300.00 300.00 270.00 Sources & Application of Funds Sources 1 Share Capital 13.70 13.69 13.86 13.86 13.86 13.86 13.86 11.56 11.56 11.66 2 Reserves & Surplus 1,979.58 1,874.78 2,044.78 1,892.75 1,682.86 1,466.16 1,286.68 1,142.11 994.09 845.44 3 Loan Funds - - - - - - - - - - T [Showing first 8,000 characters — download PDF for full document]