Stove Kraft Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing mixed performance with significant quarterly challenges offset by stable nine-month results and positive growth outlook. The company's board meeting was held on January 31, 2026, concluding at 2:40 PM.

Growth Strategy and Brand Performance

Despite quarterly challenges, Stove Kraft remains optimistic about its growth trajectory, anticipating double-digit growth in its domestic business operations. The company's flagship Pigeon brand is targeting over 9% year-to-date growth and management expressed confidence about achieving double-digit growth in the next 2-3 years.

The third quarter domestic revenue decline of 2.5% year-on-year was attributed to the lack of Diwali sales impact, highlighting the seasonal nature of the business and the importance of festival periods for revenue generation.

Quarterly Performance Analysis

The third quarter of FY26 presented considerable challenges for Stove Kraft, with key financial metrics showing substantial year-on-year declines across profitability and operational efficiency measures.

The company's EBITDA performance declined significantly to ₹318 million from ₹402 million in the previous year quarter, representing a 21% year-on-year decrease. The EBITDA margin compressed to 8.40% compared to 9.95% in Q3FY25, indicating pressure on operational profitability amid challenging market conditions.

Nine-Month Performance Stability

Despite quarterly challenges, the nine-month performance demonstrated resilience with relatively stable results compared to the previous year.

The nine-month revenue growth of 4.9% indicates underlying business strength, while the modest 3% decline in net profit suggests effective cost management despite challenging market conditions.

Financial Position and Operational Metrics

Stove Kraft maintained a stable financial foundation with paid-up equity share capital of ₹331.07 million as of December 31, 2025, compared to ₹330.52 million in the previous year. The company's reserves excluding revaluation reserves stood at ₹4,377.59 million as of March 31, 2025.

Regulatory and Compliance Updates

The company's trading window, which was closed from December 30, 2025, will reopen on February 3, 2026, following the announcement of quarterly results. The financial results were prepared in accordance with Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Price Waterhouse Chartered Accountants LLP conducted the limited review of the unaudited financial results, noting ongoing Income Tax Department assessment proceedings from search operations conducted in November 2023. The management assessed that these proceedings are not likely to have any material adverse impact on the company's financial results.

Stove Kraft Limited has announced that its Board of Directors will convene on January 31, 2026, to review and approve the company's financial performance for the third quarter of fiscal year 2026. The meeting will focus on the standalone unaudited financial results for both the quarter and nine months ended December 31, 2025.

Regulatory Compliance and Communication

The announcement was made in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. The company formally communicated this information to both major stock exchanges on January 14, 2026.

Meeting Agenda and Timeline

The board meeting is specifically scheduled to consider and approve the standalone unaudited financial results covering two distinct periods. The quarterly results will provide insights into the company's performance during the third quarter, while the nine-month results will offer a comprehensive view of the company's financial trajectory for the majority of the current fiscal year.

Corporate Structure and Leadership

The formal communication was signed by Shrinivas P Harapanahalli, who serves as the Company Secretary and Compliance Officer. The document was digitally signed on January 14, 2026, at 15:05:22 +05'30', ensuring proper authentication and compliance with regulatory requirements.

Brand Portfolio

Stove Kraft Limited operates multiple consumer brands including Pigeon, Gilma, and Black+Decker, positioning itself as a diversified player in the consumer durables sector. The upcoming financial results will provide stakeholders with crucial insights into the company's operational performance across these brand segments during the third quarter of fiscal year 2026.