Partnership/JV
Stove Kraft Signs Power Purchase Agreement
Stove Kraft will subscribe to 26% of Bhuj Wind Energy for ₹2.625 crore to procure cost-effective renewable power and meet captive power regulations.
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Consumer Durables
Household Appliances
2,545 Cr
Low Risk
29.4
43.5
10.6
5.1
881.90
445.95
Sales CAGR
Profit CAGR
ROE
ROCE

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Bearish
4
Neutral
4
Bullish
6
Bearish
30
Neutral
4
Bullish
12
Bearish
26
Neutral
0
Bullish
6
Bearish
26
Neutral
0
Bullish
6
Bearish
26
Neutral
0
Bullish
6
Bearish
26
Neutral
0
Bullish
6
Partnership/JV
Stove Kraft will subscribe to 26% of Bhuj Wind Energy for ₹2.625 crore to procure cost-effective renewable power and meet captive power regulations.
Earnings Call/Transcript
Stove Kraft released the transcript of its Q2 and H1 FY27 earnings call held on 5 November 2026, reporting strong revenue and profit growth.
Other
Stove Kraft approved 97,519 stock options for eligible employees under its ESOP Plan 2018, subject to necessary approvals.
Stove Kraft Ltd (STOVEKRAFT) is currently trading at 767.50 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Stove Kraft manufactures and markets pressure cookers, LPG stoves, cookware, and kitchen and electrical appliances under its Pigeon and Gilma brands, supported by integrated manufacturing and a broad omnichannel distribution network. The company also operates branded retail stores and serves export customers, while selectively trading or distributing additional appliance categories. Q2 FY27 was the company’s strongest second quarter, with consolidated revenue rising 23.2% year-on-year to approximately INR585 crore, EBITDA increasing 32.7% to INR75.3 crore, and PAT growing 35.7% to INR29 crore. Gross margin expanded 120 basis points to 39.6%, indicating operating leverage despite raw-material inflation. Induction cooktops grew 108% year-on-year and pressure cookers increased 46.8%, benefiting from demand shifts and manufacturing responsiveness. Small appliances grew more modestly at 9.1%, partly reflecting a larger base, lower average selling prices during scaling, and the company’s decision to rationalize less synergistic businesses such as LED products. Stove Kraft is pursuing a dual-brand strategy: value-focused Pigeon and premium Gilma. Gilma currently has 17 stores, generates approximately INR1 crore monthly, and is planned to reach around 100 stores within 24 months, while total Pigeon and Gilma retail outlets are targeted at approximately 500 by FY28. Growth investments are being advanced because management believes the business is expanding faster than previously planned. The company is adding manufacturing capability, China-based backward integration, new categories including air purifiers, coolers and heaters, and deeper distribution, while targeting annual EBITDA margins of approximately 11–12% this year and 12–15% over the next three to four years.
Over the past 52 weeks, Stove Kraft Ltd has traded between a low of ₹445.95 and a high of ₹881.90. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Stove Kraft Ltd has a market capitalization of approximately 2,545.29. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Stove Kraft Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 29.39 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 2,545.29 Cr, Stove Kraft Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Stove Kraft Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Stove Kraft Ltd is 29.39. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Stove Kraft reported consolidated revenue of Rs 585 crore in Q2 FY27, compared with Rs 475 crore in Q2 FY26. Management described Rs 585 crore as its highest-ever second-quarter revenue, representing 23.2% year-on-year growth.
Stove Kraft said lower selling prices in kettles and air fryers offset volume growth in value terms. The company reduced average selling prices as costs declined and competition increased while it pursued market share. The gradual exit from Black & Decker also reduced the reported appliance contribution.
Stove Kraft reported revenue from operations of ₹584.7 crore in Q2 FY27. This was 23.2% higher than the revenue reported in the corresponding quarter a year earlier.
Stove Kraft’s retail revenue grew 70.3% year on year to Rs 83.8 crore in H1 FY27. It generated Rs 49.2 crore in H1 FY26, an increase of Rs 34.6 crore.