T.T. Ltd.
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ABOUT
KEY POINTS
Revenue Breakup Mar 2017 • Yarn: 67.8% • Knitwear & Other Made-up: 15.9% • Fabric: 8.6%
AI Sector View
AI GENERATEDTextiles
This sector relies on indirect export proxies rather than direct textile production data. Exports of goods rose 15.0% YoY (2026-06), the currency is weak at 95.23 (Sep/26), and export prices are 163.50, all of which can help exporters, though terms of trade at 102.30 are below the prior 114 in the snapshot context. FPI flows are modestly positive at INR 256 crore over 3 months to 2026-08-31, so the stance is mildly constructive but confidence is capped due to proxy reliance.
PROS
- Latest quarter profit grew 53.6% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.14x)
- Company generates healthy free cash flow
CONS
- Operating cash flow has been negative in recent years
- Recent results are weak - TTM profit is down 259.3% versus prior year
- A large part of profit comes from other income (73.7% of PBT)
- Promoter holding has decreased over last 2 years: -7.6pp
- Company has a low return on equity of 6.1% over last 3 years
- Company has a low return on capital employed of 9.1%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| PAGEIND | 35350.00 | 52.17 | 39428.94 | 1.56 | 192.81 | -3.98 | 1420.45 | 7.89 | 73.60 | 20.35 |
| KPRMILL | 1109.40 | 41.56 | 37920.85 | 0.45 | 258.54 | 21.55 | 1935.52 | 14.77 | 20.16 | 19.37 |
| WELSPUNLIV | 207.80 | 70.72 | 19631.96 | 0.05 | 162.61 | 82.09 | 2795.45 | 23.66 | 6.41 | 11.53 |
| VTL | 567.35 | 19.38 | 16429.14 | 0.88 | 314.56 | 51.46 | 2703.08 | 13.31 | 8.91 | 18.11 |
| ARVIND | 575.25 | 37.79 | 15649.14 | 0.78 | 57.77 | 5.61 | 2500.96 | 24.65 | 15.30 | 9.64 |
| MANYAVAR | 582.75 | 35.14 | 14159.56 | 1.33 | 66.90 | 37.31 | 267.95 | 22.74 | 29.45 | 45.53 |
| PGIL | 1190.75 | 35.45 | 11000.28 | 0.61 | 992.34 | 51.37 | 15282.61 | 24.46 | 22.42 | 10.72 |
| SWANCORP | 296.30 | 41.54 | 9287.73 | 0.05 | -35.99 | -233.33 | 1013.75 | -16.44 | 4.50 | -0.38 |
| ICIL | 443.05 | 58.16 | 8774.80 | 0.34 | 63.22 | 67.28 | 1206.96 | 25.89 | 8.73 | 11.88 |
| GARFIBRES | 797.15 | 37.06 | 7784.04 | 1.13 | 64.60 | 21.56 | 482.37 | 31.35 | 20.98 | 18.70 |
| KUSUMGAR | 567.35 | 60.66 | 5956.69 | 0.00 | 426.47 | — | 2472.47 | — | 26.15 | 30.50 |
| TTL | 6.64 | 331.76 | 171.52 | 0.00 | 6.56 | 53.63 | 464.23 | -3.62 | 6.38 | 5.69 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 59 | 48 | 52 | 51 | 41 | 54 | 57 | 62 | 48 | 46 | 41 | 57 | 46 | |
| 54 | 43 | 50 | 45 | 45 | 51 | 54 | 62 | 48 | 44 | 40 | 54 | 46 | |
| Operating Profit | 5 | 5 | 2 | 6 | -4 | 3 | 3 | 1 | 0 | 2 | 1 | 3 | 0 |
| OPM % | 9.01% | 9.89% | 3.91% | 12.47% | -9.67% | 5.34% | 4.90% | 1.55% | 0.73% | 4.18% | 2.17% | 5.22% | 0.51% |
| 0 | 0 | 0 | 0 | 17 | 0 | 0 | 1 | 0 | 2 | 0 | 1 | 0 | |
| Interest | 4 | 4 | 4 | 4 | 3 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit before Tax | 1 | 0 | -3 | 2 | 10 | 1 | 0 | -1 | 0 | 1 | 1 | 1 | 0 |
| Tax % | 30.00% | 40.00% | 16.79% | -191.12% | 33.50% | 7.55% | -676.92% | -522.73% | 4.25% | 80.22% | 191.15% | 34.91% | -153.28% |
| Net Profit | 0 | 0 | -2 | 6 | 7 | 0 | 1 | -4 | 0 | 0 | -1 | 1 | 1 |
| 0.23 | 0.04 | -1.01 | 0.29 | 3.12 | 0.23 | 0.05 | -0.18 | 0.02 | 0.01 | -0.04 | 0.03 | 0.03 |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 678 | 511 | 524 | 423 | 394 | 396 | 203 | 211 | 214 | 192 | 190 | |
| 642 | 481 | 488 | 388 | 354 | 356 | 193 | 193 | 212 | 181 | 184 | |
| Operating Profit | 36 | 30 | 37 | 35 | 39 | 39 | 10 | 18 | 3 | 11 | 6 |
| OPM % | 5.36% | 5.83% | 7.02% | 8.25% | 10.01% | 9.87% | 4.73% | 8.76% | 1.25% | 5.60% | 3.17% |
| 12 | 7 | 4 | 2 | -25 | 1 | 2 | 1 | 18 | 3 | 2 | |
| Interest | 33 | 30 | 30 | 33 | 28 | 22 | 17 | 16 | 10 | 8 | 8 |
| Depreciation | 15 | 12 | 11 | 11 | 11 | 3 | 3 | 3 | 1 | 2 | 2 |
| Profit before Tax | 1 | -6 | 0 | -7 | -25 | 15 | -9 | 0 | 10 | 4 | 3 |
| Tax % | -260.71% | -165.86% | -24.38% | 82.26% | 69.19% | 2.75% | -41.45% | -1138.81% | 59.37% | 91.70% | 84.15% |
| Net Profit | 2 | -15 | 0 | -1 | -8 | 15 | -13 | 5 | 4 | 0 | 1 |
| EPS | 0.00 | 0.00 | 0.00 | -0.59 | -3.53 | 6.76 | -5.89 | 2.15 | 0.18 | 0.01 | — |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 14.80% | 0.00% | 0.00% | 27.44% | 0.00% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- -12%
- 5 Years:
- -13%
- 3 Years:
- -2%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- -18%
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- 4%
- 5 Years:
- 0%
- 3 Years:
- -8%
- 1 Year:
- -37%
RETURN ON EQUITY
- 10 Years:
- -1%
- 5 Years:
- 4%
- 3 Years:
- 6%
- Last Year:
- 0%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 22 | 26 |
| 69 | 56 | 55 | 53 | 47 | 58 | 46 | 50 | 65 | 97 | |
| 291 | 245 | 262 | 258 | 236 | 163 | 141 | 121 | 81 | 76 | |
| Trade Payables | 9 | 10 | 5 | 13 | 16 | 7 | 5 | 7 | 9 | 8 |
| 51 | 59 | 54 | 48 | 38 | 22 | 22 | 31 | 25 | 21 | |
| Total Liabilities | 442 | 392 | 397 | 394 | 358 | 272 | 235 | 231 | 204 | 227 |
| 260 | 225 | 230 | 223 | 94 | 91 | 89 | 40 | 52 | 66 | |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 0 |
| 69 | 63 | 76 | 87 | 76 | 77 | 73 | 75 | 62 | 71 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29 | 45 | 47 | |
| Cash & Bank | 3 | 2 | 2 | 2 | 3 | 2 | 0 | 0 | 0 | 1 |
| 110 | 101 | 89 | 82 | 186 | 102 | 72 | 84 | 40 | 43 | |
| Total Assets | 442 | 392 | 397 | 394 | 358 | 272 | 235 | 231 | 204 | 227 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 | 50 | 21 | 41 | 40 | 41 | 27 | 25 | 0 | -6 | |
| Cash from Investing | 9 | 24 | -6 | -3 | 11 | 65 | 14 | 11 | 35 | -11 |
| Cash from Financing | -25 | -76 | -15 | -36 | -51 | -107 | -39 | -37 | -35 | 17 |
| 0 | -0 | -0 | -0 | 1 | -1 | -1 | -0 | 0 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-12 - T T Limited has informed the Exchange regarding 'Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015'.
2026-09-10 - T T Limited has informed the Exchange regarding 'Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015'.
2026-09-08 - T T Limited has informed the Exchange regarding 'Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015'.
2026-09-07 - T T Limited has informed the Exchange regarding 'Re-submission of the Financial Results of the Company for the quarter ended June 30, 2026, in clear machine-readable/searchable format for your kind consideration and record.'.
2026-09-05 - T T Limited has informed the Exchange regarding 'Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015'.
2026-09-03 - T T Limited has informed the Exchange regarding 'Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015'.
2026-09-01 - T T Limited has informed the Exchange regarding 'Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015'.
2026-08-29 - T T Limited has informed the Exchange regarding 'Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015'.
2026-08-27 - T T Limited has informed the Exchange regarding 'Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015'.
News
Recent coverage and analyst commentary for TTL
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T.T. Ltd.
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