Stove Kraft Limited
StoveKraft Ltd was incorporated in 1999 by Mr. Rajendra Gandhi.It manufactures a wide range of kitchen solutions under Pigeon (value), Gilma (semi-premium) brands and acts as an exclusive partner for kitchen appliances of the BLACK + DECKER (premium) brand. The products comprise cookware and cooking appliances, while the home solutions consist of various household utilities, including the recently introduced LED…
What Stove files
- Investor Meet58
- Others45
- Updates14
- PPTs8
- Board Meeting7
- Important5
Stove Kraft established a China-based Wholly Owned Subsidiary (CNY 10 Million invested) for supply chain control. It also formed a 50-50 Joint Venture, with future WOS investment, for manufacturing cookware materials, enhancing backward integration and cost advantages.
Stove Kraft posted robust Q1 FY27 results: Revenue grew 41.3% to ₹480.6 Cr, and PAT jumped 63.5% to ₹17.1 Cr. Key drivers included Induction Cooktops (+315.9%) and strong channel growth in General Trade (+56.2%) and Own Retail (+86.3%), complemented by 17 new stores.
Stove Kraft was fined Rs. 7,080 by NSE for a brief delay in filing its shareholding pattern, attributed to an oversight. The company's Board reviewed the matter, confirming no financial or operational impact, and advised diligence.
Stove Kraft is expanding into China! Board approved setting up a 100% owned trading unit and a 50-50 JV with Ningbo Wochi to manufacture cookware components. This strategic move strengthens its supply chain and product capabilities.
Stove Kraft reported robust Q4 FY26 results: Revenue grew 32.4% YoY to ₹414.5 Cr, PAT jumped 317.8% to ₹6.1 Cr. Strong electric cooking demand, especially induction cooktops, and channel expansion drove performance amid high LPG prices.