BSECompany Update4d ago · 4 Nov 2026, 07:58 pm
Investor Release
Stove Kraft Ltd · 543260
✦ AI Summary▲ PositiveResults
Stove Kraft Ltd reported robust Q2 & H1FY27 performance with revenue growth of 23.2% YoY, EBITDA margin of 12.9%, and PAT growth of 35.7% YoY.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10
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Stove Kraft Ltd - 543260 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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04 November 2026
National Stock Exchange of India Ltd.
BSE Limited
Exchange Plaza, Plot no. C/1, G Block,
Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex
Dalal Street,
Bandra (E), Mumbai - 400 051
Mumbai- 400 001
NSE Symbol: STOVEKRAFT
Scrip Code: 543260
Dear Sir/Madam,
Sub: Investor Release
We are enclosing herewith Investor Release dated 04 November 2026.
Kindly take the same on the record.
Thanking you,
Yours faithfully,
For Stove Kraft Limited
Shrinivas P Harapanahalli
Company Secretary & Compliance Officer
Investor Release
Stove Kraft Reports Robust Q2 & H1FY27 Performance:
Q2 Revenue Grows 23% YoY; EBIDTA % of 12.9%,PAT Jumps 35.7% YoY to ₹29 Crore.
Karnataka,4thNovember2026–StoveKraftLimited,oneoftheleadingbrandsforhome&kitchen
appliances in India, one of the dominant players for pressure cookers and amongst the market
leadersinthesaleoffree-standinghobs,cooktopsandnon-stick cookwareannounceditsunaudited
FinancialResultsfortheQuarterendedon30thSeptember,2026.
Key Financial Highlights:
Q2 & H1FY27 Performance (Y-o-Y)
Revenue from
Gross Profit EBITDA PAT
Operations
₹584.7crores ₹ 231.7 crores ₹ 75.3 crores ₹ 29.0 crores
+23.2% +26.8% +32.7% +35.7%
Particulars (Rs. Crs.) Q2FY27 Q2 FY26 Y-o-Y Q1FY27 Q-o-Q H1 FY27 H1 FY26 Y-o-Y
Revenues 584.7 474.4 23.2% 480.6 21.7% 1065.2 814.5 30.8%
Gross Profit 231.7 182.8 26.8% 190.4 21.7% 422.1 313.1 34.8%
Gross Profit % 39.6% 38.5% 39.6% 39.6% 38.4%
EBITDA 75.3 56.8 32.7% 53.8 40.1% 129.1 92.4 39.7%
EBITDA % 12.9% 12% 11.2% 12.1% 11.3%
PAT 29.0 21.4 35.7% 17.1 69.9% 46.0 31.8 44.8%
PAT % 5.0% 4.5% 3.5% 4.3% 3.9%
Q2 FY27 growth in Product Category Revenue Breakup : Q2 FY27
Growth Val
(Y-o-Y)
Product Category
Induction Cooktops 108.0%
Cooker 46.8%
Small Appliance 9.1%
Non Stick Cookware -1.6% 6%
Gas Cooktops -6.4% Pressure Cookers Gas Cooktop Small Appliances
Induction Cooktop Nonstick Cookware
Commenting on Q2 performance Mr. Rajendra Gandhi (Managing Director) said,
“Despite a challenging operating environment marked by inflationary pressures and geopolitical
disruptions, we delivered robust revenue growth of 23.2% YoY in Q2 FY27, supported by strong
demand across key product categories. Our integrated backend manufacturing capabilities and
continued focus on operational efficiencies enabled us to improve EBITDA margins to 12.9%, while
PAT grew by 35.7% YoY with PAT Margin of 5%.
Pigeon continues to drive our growth momentum, supported by its strong value positioning and
49,613
expanding retail footprint. Alongside this, the relaunch of GILMA as a premium brand marks an
important step towards strengthening our presence in the premium segment. Our E-commerce
and General Trade channels continued to perform well, complemented by healthy growth in
Modern Retail and expansion of our own retail network.
Looking ahead, we remain confident of sustaining our growth momentum through product
innovation, premiumisationand deeper distribution penetration. Our focus on manufacturing
efficiencies, working capital optimization and disciplined capital allocation will continue to support
profitable growth, margin improvement and long-term value creation.”
QuarterlyChannel-Wise Performance Highlights
Channels GT MR ECOM Own Retail OEM
Revenue Break Up (%) 31.8% 12.4% 38.2% 7.2% 8.1%
Expanded into 9 new cities this quarter, further strengthening our presence across key regions and
reinforcing our footprint
141,308 322,119 ₹ 4.47
Stores
units sold lakh per store/per month
360 stores opened rational in 22 Number of new customers Pressure cooker & Small Average sale per store stands
states and in 172 cities of India. added. appliances contributing 30% at ₹4.47Lakhs
Added 16 new stores in Q2, with 15% repeat purchase of revenue. Cooktop, Hob &
198 under franchisee model Chimney contributing 20% of
revenue
GILMA: Relaunched Premium Brand in Southern Markets
600 830 ₹ 4.64
Stores
units sold lakh per store/per month
17 stores operational in 3 states Number of new customers Chimney contributing 66% and Average sale per store stands
and in 10 cities of India. All the added Hob 27% contributing revenue at ₹4.64 Lakhs
Stores Opened under franchisee
model in Q2
About Stove Kraft Limited (SKL)
SKLisakitchensolutionsandanemerginghomesolutionsbrand.Itisoneoftheleadingbrands forhomeandkitchen
appliancesinIndia,andoneofthedominantplayersforpressurecookersandamongstthemarketleadersinthesaleof
free-standinghobs,cooktopsandnonstickcookware.SKLisalsoengagedinthemanufacturingandretailofawideand
diverse suite of home and kitchen solutions under the Pigeon and Gilma brands, covering the entire range of value,
semi-premiumandpremiumhomeandkitchensolutions,respectively.
The flagshipbrands,PigeonandGilma, have enjoyedamarketpresenceofover25years andenjoyahighbrandrecall
amongst customers for quality and value for money. SKL has well-equipped and backward integrated manufacturing
facilities at Bengaluru (Karnataka) and Baddi (Himachal Pradesh), which enables the Company to control and monitor
thequalityandcosts.
ContactDetails
Investor Relations:
Company
MUFG Intime India Private Limited
Name: Shrinivas PH Name: Ms. Vidhi Vasa / Mr. Irfan Raeen
Email : vidhi.vasa@in.mpms.mufg.com /
Email: cs@stovekraft.com
irfan.raeen@in.mpms.mufg.com
CIN: L29301KA1999PLC025387 For Meeting request –Click Here
www.stovekraft.com www.mpms.mufg.com/
SafeHarbor
Any forward-looking statements about expected future events, financial and operating results of the
Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These
statements are subject to risks and uncertainties. Actual results might differ substantially or materially from
those expressed or implied. Important developments that could affect the Company’s operations include a
downtrend in the industry, global or domestic or both, significant changes in political and economic
environment in India or key markets abroad, tax laws, litigation, labour relations, exchange rate
fluctuations, technological changes, investment and business income, cash flow projections, interest, and
other costs. The Company does not undertake any obligation to update forward-looking statements to
reflect eventsorcircumstances after thedatethereof.