Consumer Durables
Valuation | |
|---|---|
| Market Cap | 1.58 kCr |
| Price/Earnings (Trailing) | 42.23 |
| Price/Sales (Trailing) | 1.05 |
| EV/EBITDA | 11.87 |
| Price/Free Cashflow | 78.95 |
| MarketCap/EBT | 33.62 |
| Enterprise Value | 1.84 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 1.5 kCr |
| Rev. Growth (Yr) | -6.8% |
| Earnings (TTM) | 37.39 Cr |
| Earnings Growth (Yr) | -65.8% |
Profitability | |
|---|---|
| Operating Margin | 3% |
| EBT Margin | 3% |
| Return on Equity | 7.56% |
| Return on Assets | 3.27% |
| Free Cashflow Yield | 1.27% |
Growth & Returns | |
|---|---|
| Price Change 1W | -2.1% |
| Price Change 1M | -12% |
| Price Change 6M | -30% |
| Price Change 1Y | -37.6% |
| 3Y Cumulative Return | 4.3% |
| 5Y Cumulative Return | -1.1% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -78.21 Cr |
| Cash Flow from Operations (TTM) | 110.97 Cr |
| Cash Flow from Financing (TTM) | -37.12 Cr |
| Cash & Equivalents | 2.95 Cr |
| Free Cash Flow (TTM) | 28.91 Cr |
| Free Cash Flow/Share (TTM) | 8.74 |
Balance Sheet | |
|---|---|
| Total Assets | 1.14 kCr |
| Total Liabilities | 648.43 Cr |
| Shareholder Equity | 494.4 Cr |
| Current Assets | 516.9 Cr |
| Current Liabilities | 578.98 Cr |
| Net PPE | 459.19 Cr |
| Inventory | 331.56 Cr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.23 |
| Debt/Equity | 0.53 |
| Interest Coverage | 0.65 |
| Interest/Cashflow Ops | 4.51 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 3 |
| Dividend Yield | 0.63% |
| Shares Dilution (1Y) | 0.20% |
| Shares Dilution (3Y) | 0.70% |
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Insider Trading: There's significant insider buying recently.
Balance Sheet: Strong Balance Sheet.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Technicals: SharesGuru indicator is Bearish.
Momentum: Stock is suffering a negative price momentum. Stock is down -12% in last 30 days.
Past Returns: Underperforming stock! In past three years, the stock has provided 4.3% return compared to 13.3% by NIFTY 50.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Insider Trading: There's significant insider buying recently.
Balance Sheet: Strong Balance Sheet.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Technicals: SharesGuru indicator is Bearish.
Momentum: Stock is suffering a negative price momentum. Stock is down -12% in last 30 days.
Past Returns: Underperforming stock! In past three years, the stock has provided 4.3% return compared to 13.3% by NIFTY 50.
Investor Care | |
|---|---|
| Dividend Yield | 0.63% |
| Dividend/Share (TTM) | 3 |
| Shares Dilution (1Y) | 0.20% |
| Earnings/Share (TTM) | 11.3 |
Financial Health | |
|---|---|
| Current Ratio | 0.89 |
| Debt/Equity | 0.53 |
Technical Indicators | |
|---|---|
| RSI (14d) | 30.29 |
| RSI (5d) | 28.5 |
| RSI (21d) | 37.24 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Sell |
| RSI Signal | Hold |
| RSI5 Signal | Buy |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal |
Summary of STOVE KRAFT's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
In the earnings call held on January 31, 2026, management provided insights into the outlook for Stove Kraft Limited amidst a challenging global economic environment. Key points highlighted by Mr. Rajendra Gandhi, the Managing Director, included:
Domestic Market Growth: Management emphasized that the domestic business remains robust, contributing approximately 96% of revenue in Q3 FY '26. The company projects continued double-digit growth in the domestic segment, supported by urbanization, increasing demand, and the popularity of the Pigeon brand, which recorded a year-to-date CAGR growth of 9.3%.
Financial Performance: For the first nine months of FY '26, total revenue reached Rs.1,192.9 crores, reflecting a growth of 4.9% year-on-year, with a gross margin improvement to 38.8%. EBITDA stood at Rs.127.7 crores, a 5.4% increase, while the PAT for the same period was Rs.35.9 crores.
Operational Efficiency: The company achieved a reduction in working capital days to 43, leading to a significant decrease in working capital debt to Rs.80.6 crores. Management aims to be cash debt-free by the end of FY '26, emphasizing effective financial management.
Export Challenges: Management acknowledged ongoing challenges in the export segment due to geopolitical uncertainties and tariffs affecting trade with the USA. Export sales constituted only 3.5% of total revenues for Q3. Nonetheless, management anticipates improved performance from this segment with the commencement of the IKEA business, expected to contribute significantly in the upcoming year.
Retail Expansion: The company plans to expand its retail presence, targeting 500 exclusive Pigeon stores by 2027, having opened 17 new stores recently, bringing the total to 313 outlets.
Product Innovation: Introduction of new products, such as the Pigeon Insta-Mami and instant water heater, is aimed at enhancing market presence and responding to emerging consumer demands.
Overall, management expressed confidence in their strategic focus on expanding domestic operations, enhancing brand strength, and capitalizing on growth opportunities, while addressing the current export headwinds.
Understand STOVE KRAFT ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| RAJENDRA GANDHI | 55.18% |
| BANDHAN SMALL CAP FUND | 4.07% |
| SURESH KUMAR AGARWAL | 2.81% |
| MAHINDRA MANULIFE SMALL CAP FUND | 2.42% |
| SUNITHA RAJENDRA GANDHI | 0.6% |
| NEHA GANDHI | 0% |
Detailed comparison of STOVE KRAFT against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| TTKPRESTIG | TTK Prestige | 6.42 kCr | 2.96 kCr | -15.50% | -24.60% | 77.38 | 2.17 | - | - |
| IFBIND | IFB Industries | 4.37 kCr |
Comprehensive comparison against sector averages
STOVEKRAFT metrics compared to Consumer
| Category | STOVEKRAFT | Consumer |
|---|---|---|
| PE | 42.23 | 64.92 |
| PS | 1.05 | 2.23 |
| Growth | 3 % | 5.5 % |
Stove Kraft Limited manufactures and trades in kitchen and home appliances in India and internationally. The company offers pressure cooker, wonder cast cookware, non-stick cookware, electric rice cookers, and titanium hard anodised cookware. It also offers mixer grinders, rice cookers, electric kettles, toasters, sandwich makers, knives, steam and dry irons, juicers, air fryers, and electric grills. In addition, the company provides hobs, glass cooktops, stainless steel cooktops, induction cooktops, and chimneys. Further, it offers emergency lamps, water bottles, flasks, aluminum ladders, cloth dryers, water heaters, dustbins, and mops. Additionally, the company provides food processors, hand blenders, hand mixers, mini choppers, oven toaster grills, coffee makers, toasters, sandwich makers, kettles, steam and dry irons, water heaters, oil fin radiators, and garment steamers; and LED bulbs, battens, downlights panels, and emergency lamps. Stove Kraft Limited offers its products under the Pigeon, Gilma, Black + Decker, and Pigeon LED brands. The company operates through a distribution network of retail outlets. Stove Kraft Limited was founded in 1994 and is based in Bengaluru, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
STOVEKRAFT vs Consumer (2022 - 2026)
Q1: How should one think about growth in the coming quarters, given that domestic demand is increasing?
Answer: The domestic business is strong, and demand is improving compared to the previous period. January has shown positive trends, but traditionally Q1 and Q3 are softer periods for us. That said, we are optimistic due to the positive January performance.
Q2: How do you manage rising commodity costs while maintaining gross margins?
Answer: We have a purchase mechanism that allows us to hedge against price fluctuations for a quarter. However, we will need to pass on some costs to consumers in the future to protect our margins, which we have already started doing.
Q3: Is there any increase in advertisement or operational costs due to product launches?
Answer: Yes, this quarter saw a slight rise in advertisement expenses due to the successful launch of a new product in South India, which received excellent acceptance.
Q4: What percentage of exports were included in the total revenue for Q3?
Answer: Exports contributed about 3.5% of the total revenue in Q3, significantly down from the usual 12% due to challenging market conditions.
Q5: Can we expect revenue from IKEA to commence soon?
Answer: We expect revenue from IKEA to start this quarter, with meaningful contributions anticipated next year.
Q6: What is your outlook on growth relative to competitors like Prestige?
Answer: We are confident in our growth, especially in the pressure cooker category, where we've increased our revenue share from one-third to nearly 60% in the last five years. We anticipate a double-digit growth, even if it's just below the 15% we're aiming for.
Q7: What are your margins expectations moving forward?
Answer: I expect to see improvements in both gross and EBITDA margins, aiming for at least a 1% year-on-year increase.
Q8: Will the company become debt-free by the end of the year?
Answer: Yes, we expect to eliminate our core bank borrowing, aiming for cash debt close to zero by year-end.
Q9: Can you share details regarding the mixer grinder category's performance?
Answer: The mixer grinder segment is cluttered and has lower margins. While it accounts for over INR 100 crores in sales, we are focusing on higher-margin products, such as Nutri blenders, for greater growth.
Q10: What challenges are you facing in exports, and what are the growth forecasts?
Answer: Our export growth has been subdued due to volatility in tariffs and prior inventory stack-ups. Future growth will depend on stabilizing tariffs and the introduction of new customers like IKEA.
These questions and answers summarize significant concerns addressed during the Q&A session of the earnings call, revealing insights into Stove Kraft's operational strategies and forecasts.
Distribution across major stakeholders
Distribution across major institutional holders
| 5.49 kCr |
| -0.90% |
| -6.00% |
| 36.51 |
| 0.8 |
| - |
| - |
| BAJAJELEC | Bajaj Electricals | 4.11 kCr | 4.56 kCr | -14.30% | -41.70% | 114.82 | 0.9 | - | - |
| BUTTERFLY | Butterfly Gandhimathi Appliances | 1.07 kCr | 919.88 Cr | -3.30% | +3.20% | 24.64 | 1.16 | - | - |
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
| Finance costs | 30.4% | 31 | 24 | 17 | 11 | 19 |
| Depreciation and Amortization | 45.8% | 71 | 49 | 32 | 20 | 14 |
| Other expenses | 5% | 230 | 219 | 178 | 156 | 107 |
| Total Expenses | 6.2% | 1,401 | 1,319 | 1,233 | 1,072 | 779 |
| Profit Before exceptional items and Tax | 6.7% | 49 | 46 | 47 | 63 | 81 |
| Total profit before tax | 6.7% | 49 | 46 | 47 | 63 | 81 |
| Current tax | -16.7% | 11 | 13 | 9.93 | 9.5 | 0 |
| Deferred tax | 19.8% | -0.7 | -1.12 | 1.58 | -3.18 | 0 |
| Total tax | -10% | 10 | 11 | 12 | 6.32 | 0 |
| Total profit (loss) for period | 15.2% | 39 | 34 | 36 | 56 | 81 |
| Other comp. income net of taxes | -35.6% | -0.22 | 0.1 | 0.69 | -0.17 | 2.33 |
| Total Comprehensive Income | 12.1% | 38 | 34 | 36 | 56 | 84 |
| Earnings Per Share, Basic | 14.5% | 11.65 | 10.3 | 10.87 | 17.21 | 26.61 |
| Earnings Per Share, Diluted | 14.4% | 11.64 | 10.3 | 10.86 | 16.96 | 26.25 |
| 195.5% |
| 66 |
| 23 |
| 32 |
| 30 |
| 12 |
| 9.53 |
| Investment property | -64.2% | 58 | 160 | 146 | 110 | 76 | 0 |
| Goodwill | - | 0 | 0 | 0 | 0.12 | 0.13 | 0.13 |
| Non-current investments | - | 11 | 0 | 0 | 0 | 0 | 0 |
| Total non-current financial assets | -64.3% | 11 | 29 | 7.06 | 2 | 3.87 | 8.15 |
| Total non-current assets | -8.4% | 626 | 683 | 649 | 585 | 502 | 461 |
| Total assets | -5.1% | 1,143 | 1,204 | 1,252 | 1,097 | 1,056 | 897 |
| Borrowings, non-current | - | 45 | 0 | 2.45 | 4.9 | 7.48 | 10 |
| Total non-current financial liabilities | 661.6% | 55 | 8.09 | 148 | 119 | 29 | 70 |
| Provisions, non-current | 84.1% | 14 | 8.06 | 11 | 9.17 | 8.19 | 6.48 |
| Total non-current liabilities | -61.4% | 69 | 177 | 158 | 128 | 106 | 76 |
| Borrowings, current | 19.6% | 215 | 180 | 142 | 141 | 66 | 119 |
| Total current financial liabilities | 19.7% | 529 | 442 | 559 | 481 | 432 | 370 |
| Provisions, current | -42.9% | 7.28 | 12 | 7.64 | 7.89 | 6.64 | 6.94 |
| Current tax liabilities | - | 4.13 | 0 | 1.07 | 0 | 9.15 | 0.13 |
| Total current liabilities | 4.1% | 579 | 556 | 637 | 530 | 522 | 418 |
| Total liabilities | -11.6% | 648 | 733 | 795 | 658 | 628 | 494 |
| Equity share capital | 0% | 33 | 33 | 33 | 33 | 33 | 33 |
| Total equity | 4.9% | 494 | 471 | 456 | 439 | 429 | 403 |
| Total equity and liabilities | -5.1% | 1,143 | 1,204 | 1,252 | 1,097 | 1,056 | 897 |