A warm Welcome to A warm Welcome to A warm Welcome to A warm Welcome to
TTK Prestige LimitedTTK Prestige LimitedTTK Prestige LimitedTTK Prestige Limited
The TTK Group Growth StoryIn
cep
tio
n
• Founded in 1928 by TT Krishnamachari
• It started as an indentingagency for global brands
• Founded in 1928 by TT Krishnamachari
• It started as an indentingagency for global brands
Po
st I
nd
ep
en
de
nce
• Pioneered manufacturing of several product categories in the country like Pressure Cookers, Condoms, Cartography, Ball
• Pioneered manufacturing of several product categories in the country like Pressure Cookers, Condoms, Cartography, Ball
Cu
rre
ntl
y
• A Rs.22 billion group ($1.5 billion group basedon Purchase Power Parityfactor)
• 25 product categories and services
• A Rs.22 billion group ($1.5 billion group basedon Purchase Power Parityfactor)
• 25 product categories and services
Ince
pti
on agency for global brands
likeCadbury’s, Kraft, MaxFactor, Sunlight, Kiwi, Lifebuoy, Lux, Sheaffer’s, Kellogg’s, Brylcreem, Ponds, Ovaltine, Horlicks, Waterman’s, McLeans, & Manymore
agency for global brandslikeCadbury’s, Kraft, MaxFactor, Sunlight, Kiwi, Lifebuoy, Lux, Sheaffer’s, Kellogg’s, Brylcreem, Ponds, Ovaltine, Horlicks, Waterman’s, McLeans, & Manymore
Po
st I
nd
ep
en
de
nce
raphy, Ball Pens, Toys, Ready to fry foods, Artificial Heart Valves
• Pioneered uniquedistribution system
raphy, Ball Pens, Toys, Ready to fry foods, Artificial Heart Valves
• Pioneered uniquedistribution system C
urr
en
tly
and services
• 15 manufacturing units
• 10000 employees
• 5 group companies
• Presence in many foreignmarkets
and services
• 15 manufacturing units
• 10000 employees
• 5 group companies
• Presence in many foreignmarkets
Indian roots, Global Reach
TTK Group Companies
Consumer Durables
Incorporation in 1955; Manufacturing setup established in 1959
Epitomised quality at an affordable price
Pharmaceuticals, Medical devices, Consumer products, Maps and Foods
Founded in 1958 and publically listed in 1985
Has brands such as Woodward’s & Eva
Manufacturing of knee replacement devices, TTK Chitra Heart Valve Prosthesis
TTK Protective Devices
Condom Manufacturing - Started in the year 1963 and currently has the capacity to produce 2 billion condoms per annum
Health Insurance
A joint venture between the U.S. based global health services leader, Cigna Corporation and Indian conglomerate, TTK Group
Launched its operations in February 2014
KPO & services for Non-Residents
Founded in 2000 to serve the NRI Market
YourManInIndia, GetFriday, HomeShikari are well known brands of the company
TTK Prestige
Corporate Philosophy
Vision
To make TTK Prestige the number one small appliance company in India through Customer Centric Innovation.
We will achieve this by:
• Making Prestige the number one brand in India in the small appliance category
• Globally dominating the pressure cooker category
• Building people competence• Building people competence
• Achieving operational excellence
Mission
To provide quality consumer products at affordable prices
Core Values of the group
Trust , Transparency & Knowledge
Brand Journey
Up to 2001 : Safety & Durability
Focus was on making cooking conditions safer for housewives
Pressure cookers were the main products of the company
2001 – 2007: Are you ready for a smarter Kitchen?
New range of innovate products (non-stick cookware) introduced to cater to the needs of the new class of working women for whom productivity was a concernnew class of working women for whom productivity was a concern
2008 – 2013: Total Kitchen Solutions
Prestige had products to cater to every requirement in the Kitchen Space
Prestige Smart Kitchen outlets were opened and made waves across India
Currently: Jo Biwi Se Kare Pyaar, Woh Prestige Se Kaise Kare Inkaar
Cooking is an expression of love; and the kitchen is where conversations and moments are created and treasured. It’s a space shared by both spouses.
Aishwarya Rai Bachchan and Abhishek Bachchan signed on as Brand Ambassadors
Sales Revenue
416.21516.8
775.58
1122.71
1385.89 1323.38
0
500
1000
1500
Sales Revenue in crores (INR) over the last 6 years
08 - 09 09 - 10 10 - 11 11 - 12 12 - 13 13 -14
Sales Revenue
• Our target for 2014 -15 is 1600 crores
• Cumulative Annual Growth Rate > 25% for a decade
• Own manufactured and domestically sourced products contributed to 75% of the turnover and the rest
came from imported products
• Drop of 4.5% over the last year due to
�Shift in government policy
�Economic slowdown across the country
�Trying economic climate in the Southern Markets
�Deteriorating customer sentiment
Sales Revenue Distribution
Based on Product Category
37%30%
3%
% Sales Revenue� Growth of sale by over 8% in the domestic market in all
categories except for induction stove and its bundled
products
� Gas stove sales growth of 30.49%
� Impressive growth in mixer-grinders, gas stoves, inner-lid
pressure cookers and all value added services
� Several new models of existing products were introduced
17%
13%
Pressure Cookers
Non-stick Cookware
Gas stove
Kitchen Electrical Appliances
Others
� Several new models of existing products were introduced
� Tremendous performance by the company, in the light of
market sentiment, owing to the huge product portfolio
Sales Revenue Distribution
Based on Distribution Channel
22%
4% Authorized
Dealers/Distributors/Auth
orized Redistributors
Prestige Smart Kitchen
Retail Outlet
58%
16%
Institutions/Other Large
Format Stores
Exports
Manufacturing Locations
Roorkee, Uttarakhand
Karjan, Gujarat
Khardi, Maharashtra
Coimbatore, Tamil Nadu
Hosur, Tamil Nadu
Manufacturing
Facilities:
– 5 Manufacturing Locations
– 1 Research & Development Centre
– 1 Tool Room plant
– Human Resources Strength is 1300 Employees.
Hosur
– Established way back in 1981 in Tamil Nadu
– Products manufactured: Aluminium and Stainless Steel outer lid Pressure cookers and Microwave Cookers.
Coimbatore
– Established in Located in Tamil Nadu
– Products manufactured: Aluminium and Stainless Steel outer lid Pressure cookers and Microwave Cookers.
Hosur Factory Coimbatore Factory
Manufacturing
Roorkee
– Established in 2007 in Uttarakhand.
– Products manufactured : Aluminium and Stainless Steel inner lid Pressure cookers; Assembly of Induction
Cookers
Karjan
– Production in this plant situated in Gujarat started in July, 2013.
– Products manufactured : Non-stick Cookware, Hard Anodized Cookware
Khardi
– The manufacturing facility is located in Maharashtra (100 km from Mumbai). Production here commenced
Karjan
– The manufacturing facility is located in Maharashtra (100 km from Mumbai). Production here commenced
recently.
– Products manufactured : Stainless Steel cooker, Non-stick cookware
Roorkee Khardi
Manufacturing Process
Aluminium
Body Circle
Body Draw
Operation
Body Trimming
Operation
Body Piercing
Operation
Polishing Washing Riveting
Matching &
Body Assembly
Aluminium
Cover Circle
Cover Draw
OperationCover Final
FoldCover AssemblyWashing
Polishing
Matching &
Inspection
Market Reach•India’s largest kitchenware company
• We are associated with 15500 + dealers
•We have 600 + Distributors in our network
•Number of Prestige Smart Kitchen outlets - 550 +
•Number of towns Prestige Smart Kitchen outlets are present in: 275 +
•Number of Authorized Service Centres - 222 +
Market Structure
• Pressure cookers:
– Market is shared by organized national branded players, regional players and unorganized players
– Market is shifting more towards reliable branded players
– 60% of the market is captured by branded players
• Non-stick cookware:
– Market share is greater for unorganized players when compared to pressure cookers
Appliances:• Appliances:
– Witnessing entry of branded players who are strong in non - kitchen appliance businesses
Apex Organization chart
Chairman
TT Jagannathan
Managing Director
S Ravichandran
Director Corporate Affairs
K shankaran
Head Exports
N RajkumarHead Systems
HS Muralidhara
CFO
Sundaresan V
Head HR
Manas Martha
Head R&D
Sudeendra
Koushik
Head QA & PD
Vishwanath
Shenoy B
CMO
HT Rajan
Head Legal &
Taxation
N Radhakrishnan
COO
Chandru Kalro
Head IR
BK Guruprasad
Sales & Marketing Structure
Chief Operating Officer
Chandru Kalro
Traditional Business
GS Anil Kumar
Appliances Business
Dinesh Garg
Retail Business
KG George
Each Business operates out of 7 Zones:
North, West, East, Andhra Pradesh, Karnataka, Kerala, Tamil Nadu
Structure of each zone
Zonal/ Regional Sales Manager
Branch Sales Manager
Area Sales Manager Area Sales Manager
(MT) –
Appliance
Area Sales Executive
Territory Sales Officer
Area Sales Manager Area Sales Manager (MT) –
Traditional
Area Sales Executive
Territory Sales Officer
Grade Structure
Officer
Junior Officer
Officer
Senior Officer
Executive
Junior Executive
Executive
Senior Executive
Assistant Manager
Manager
Manager
Manager
Senior Manager
Deputy General Manager
General Manager
Senior General Manager
Vice President
Senior Vice President
Executive Vice President
Managing Director
Profile snapshot
Mr. T. T. Jagannathan, B.Tech (IIT Madras), M.S. (Cornell University) serves as
the Chairman of TTK prestige Ltd since July 1, 2008. He has served as its
Executive Director for the past 33 years. He is the group Chairman of TTK
Group.
Mr. Ravichandran is an expereinced and qualified professional havingMr. Ravichandran is an expereinced and qualified professional having
qualified in the field of Mechanical Engineering from IIT, Chennai and is a
Management Graduate from IIM, Ahmedabad. He has served the company
since 1997. He is currently the Managing Director of TTK Prestige Ltd.
Mr. Shankaran is a qualified Cost and Management Accountant and Company
Secretary. He has been the whole time Secretary of the Company since 1990.
He is currently the Director Corporate Affairs of TTK Prestige Ltd.
Heads of Departments
M Chandru Kalro, Chief Operating
Officer, has worked with us for about
21 years. He leads all the marketing
initiatives.
HT Rajan, Chief Manufacturing
Officer, took over the role in 2010
post his stint in TTK-LIG as the
Managing Director.
Vishwanath Shenoy, Head Quality
Assurance & Product Development,
joined us in 2005 after his vast
exposure to QA in various
manufacturing companies.
Sundaresan V, Chief Finance Officer,
joined us in 1997 and has grown with
the organization.
Sudeendra Koushik, Head Manas Martha, Head HumanSudeendra Koushik, Head
Innovation, is a recent addition to
the team. He brings with him global
exposure in Innovation and R&D with
Philips and HCL Technologies.
Manas Martha, Head Human
Resources, has joined the team
recently, after his wide ranging
experience as a HR leader in TAFE,
TATA Motors & Idea Cellular.
N Radhakrishnan, Head Legal and
Taxation, has about 16 years of
experience in TTK in the legal
domain.
BK Guruprasad, Head Industrial
Relations, has over 3 decades of
experience in the field of Industrial
Relations.
HS Muralidhara, Head Systems, has
served the company for the past 18
years in various capacities within the
IT domain.
Rajkumar N, Head Exports, has
contributed to the organization in
various capacities since 1996.
Few Awards
Mr TT Jagannathan receiving the
Ernst and Young
“Entrepreneur of the year“
award, 2012
Mr TT Jagannathan receiving the
“Star SME of the year” award,
2010 -11
Mr Jagannathan has been honored with the most coveted
“Award for Excellence in improving performance through Leadership”
Other Prestigious Accolades
Trusted Brand Award
by Reader’s Digest
Dun & Bradstreet Corporate
Award, 2014 – Listed among top
500 companies in 2014 Continues to be recognized as a
‘Master Brand’ and ‘Super Brand’
every year
Thought Leadership Award for:
• Best Team – won by the company
• Marketing Domain – Chandru Kalroo (COO)
K.G. George (Sr VP retail) – adjudged as “One of the top 50 Retail
Professionals”
Best Retailer in “Home and
Office” Category – for the
4th year in a row
Best Franchise in “Home”
Category – for the 8th year
in a row
Employees are our strength
Our Human Resource team constantly evolves to support the dynamic internal and
external environment. We ensure that the employees have the best-in class facilities and
benefits that are available.
We believe in empowering employees and give them maximum growth possibilities.
Our employees benefit from decades of expertise our leaders have in world class Talent
Management Practices.
In – house training programs
Performance Management System
What is the Performance Management Model?
Our Performance Management System (PMS) is based on the Management by Objective (MBO)
Model. This type of a process gives the employee space to choose what he wants to do in the organization as
long as it is in alignment with the overall organizational and departmental goals.
How does Goal Setting happen?
The goal cascading happens from the top management. Based on the Organizational Goals for the
year, the departmental goals will be decided. Post this, you and your reporting manager will discuss and
decide your Key Result Areas (KRAs) for the year.
How is your Performance Measured?
Your performance will be judged once in six months based on your performance discussion with
your supervisor.
At the end of the year, you will be given one of the following 4 ratings:
OS – Outstanding ; EE – Exceeds Expectations ; ME – Meets Expectations ; PME –Partially meets expectations;
The increment you receive for the year will be based on your performance rating.
Goal Cascading Goal SettingHalf-yearly Appraisal
Annual Appraisal
Salary Increment
Cycle
Rewards & Recognition
Kaizen AwardService Award
We value every contribution made by our employeeWe value every contribution made by our employeeWe value every contribution made by our employeeWe value every contribution made by our employee
Spot Awards
Quick Links
Attendance Management System (AMS): http://172.16.1.118/essnewttk/
Performance Management System (PMS): http://172.16.1.118/pms/account/login.aspx
Travel Management System (TMS): http://172.16.1.118/travelsystem_ttk/travel/trvl_login.asp
Important Points Of Contact
For any information regarding TTK Prestige Ltd., please contact:
Mr. Srivatsan R. – HR Department – [email protected]
Mr. Pavan G. – HR Department - [email protected]
Mr. Ravikumar T.N. – HR Department – [email protected]