• Fri. Sep 23rd, 2022

hawkins: TTK or Hawkins: Which kitchen appliance maker can better weather the D-Street storm?

ByRandall B. Phelps

Jun 16, 2022

Synopsis

The market size of the kitchen appliance business, according to the management of TTK Prestige, is Rs 16,000 to 18,000 crore. In metropolitan areas, the penetration of stoves and cookware is around 90%. Pressure cookers have a market value of Rs 2,500-3,000 crore while cookware has a market size of Rs 3,000-3,500 crore.

The market has been blind to certain companies for many years. Then he realized that these were constantly generating free cash flow and weren’t affected much by what was happening in the world. It was then that these actions began to be rewarded. In such a situation, which of these companies – Hawkins Cookers or TTK Prestige – is the best bet for a long-term portfolio? The market size of the kitchen appliance business, according to TTK Prestige management,

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