Stove Kraft Share News - Latest Updates, Live News & More

Latest news about Stove Kraft

Stove Kraft Targets Cash Debt-Free Status by Year-End, Eyes Cooktop Growth Post-2026 Feb 02, 2026

Stove Kraft is targeting cash debt-free status by year-end, having reduced bank loans to near-zero levels with current debt under Rs. 30 crore. The company sees growth opportunities in the cooktop sector after September 2026 following BIS regulations implementation. Additionally, the chimney business is expected to improve as production stabilizes and import competition decreases, positioning the company for sustainable growth across its product segments.

Stove Kraft Sets Ambitious Margin Expansion Targets for Coming Years Feb 02, 2026

Stove Kraft Anticipates Significant IKEA Export Revenue in FY27 Feb 02, 2026

Stove Kraft Targets Double-Digit Growth Despite Q3 Domestic Revenue Decline of 2.5% Jan 31, 2026

Stove Kraft Limited Schedules Board Meeting on January 31, 2026 for Q3FY26 Financial Results Jan 14, 2026

More news about Stove Kraft

18Dec 25

StoveKraft Limited Receives Credit Rating Upgrade from ICRA

ICRA Limited has upgraded Stove Kraft Limited's credit ratings. The long-term rating improved from [ICRA]A- (Positive) to [ICRA]A (Stable), while the short-term rating was raised from [ICRA]A2 to [ICRA]A1. These upgrades reflect the company's improved financial standing and creditworthiness. The rating changes were communicated to Stove Kraft on December 18, 2025.

18Nov 25

StoveKraft Expands Employee Ownership Through Stock Option Plan

Stove Kraft Limited has allotted 5,821 equity shares under its Employee Stock Option Plan 2018. The shares, with a face value of Rs. 10 each, total Rs. 58,210 in value. This allotment increases the company's paid-up capital from Rs. 33,10,15,000 to Rs. 33,10,73,210, and the total number of equity shares from 3,31,01,500 to 3,31,07,321. The move aims to enhance employee engagement, retention, and align employee interests with those of the company.

12Nov 25

StoveKraft Reports 13.4% Revenue Growth in Q2, Expands to 300 Exclusive Stores

Stove Kraft Limited posted robust Q2 FY26 results with revenue up 13.4% YoY to ₹474.40 crore. Profit After Tax increased by 27.8% to ₹21.40 crore. The company reached a milestone of 300 Pigeon exclusive outlets across India. E-commerce contributed 41% to the channel mix. Stove Kraft aims to benefit from recent GST rate reduction from 12% to 5% on about 35% of its business. The export business grew by 25% in Q2, with plans to expand product categories. The company targets becoming debt-free within four quarters.

06Nov 25

Stove Kraft Aims for 500 Stores by 2027, Announces Margin Improvement Plans Amid Leadership Change

Stove Kraft Limited has revealed plans for significant retail expansion, targeting 500 stores by 2027 with an expected revenue of INR 300.00 crores. The company aims to improve its EBITDA margin by 1% over the previous year and achieve a gross margin of around 39% in H2 FY26, with a near-term aspiration of 40%. However, the company also faces a leadership transition with the resignation of Chief Revenue Officer Mr. Rohit Mago, effective November 5, 2025.

05Nov 25

StoveKraft's Chief Revenue Officer Rohit Mago Resigns, Effective November 2025

Rohit Mago, Chief Revenue Officer of Stove Kraft Limited, has resigned citing personal reasons. His resignation will be effective from November 5, 2025. Mago served the company for 7 years in various roles. Stove Kraft has disclosed this information to stock exchanges in compliance with SEBI regulations. The company has not yet announced a successor for the CRO position.

03Nov 25

Stove Kraft Reports Robust Q2 FY26 Performance with 13.4% Revenue Growth

Stove Kraft Limited announced robust Q2 FY26 results, with consolidated revenue reaching ₹474.40 crore, up 13.4% year-on-year. Profitability improved significantly, with PAT growing 27.8% to ₹21.40 crore. The company saw growth across various product categories, maintained a healthy gross margin of 38.5%, and continued its retail expansion with 296 operational stores. Stove Kraft added 257,566 new customers and plans to expand Pigeon exclusive brand outlets to 500 stores by FY27. Recent GST rate reductions are expected to boost volume growth in key product categories.

03Nov 25

Stove Kraft Reports Strong Q2 Performance with 12.7% Revenue Growth

Stove Kraft Limited, a kitchen appliances manufacturer, announced robust Q2 financial results. Revenue increased by 12.7% to Rs 4,744.20 million. EBITDA grew by 14.9% to Rs 533.00 million, with margin improving to 11.25%. Net profit surged 27.8% to Rs 213.61 million. The company maintained a strong balance sheet with total assets of Rs 11,428.22 million and generated a net cash flow of Rs 1,074.08 million from operating activities for the half-year.

23Oct 25

Stove Kraft Aims for 500 Exclusive Stores by 2027, Expanding Retail Footprint

Stove Kraft Limited plans to expand its retail presence to 500 exclusive stores by April 2027, focusing on North and West India. The company has already crossed 300 standalone Pigeon business exclusive outlets. The expansion strategy includes targeting states like Uttar Pradesh, Maharashtra, Madhya Pradesh, and Bihar. Stove Kraft expects 15-20% revenue contribution from standalone stores over the next two years. The expansion will follow a franchise-based model with rent-sharing arrangements. The company's Q1 2025 revenue grew by 8.2% to ₹340.00 crores, with an expected annual growth of 15% over the next 3 years. Stove Kraft's current annual turnover exceeds ₹1,450.00 crores.

20Aug 25

Stove Kraft Poised for Potential Gains from GST Modifications

Stove Kraft, a key player in the kitchen appliances industry, has announced that approximately 35% of its product range could potentially benefit from changes in Goods and Services Tax (GST) regulations. This strategic positioning demonstrates the company's readiness to adapt to evolving tax structures in the Indian market. While specific details about the potential GST modifications remain undisclosed, the company's diverse product lineup may provide a competitive advantage depending on the nature of any regulatory changes.

04Aug 25

Stove Kraft Reports Strong Q1 Results, Anticipates Margin Growth

Stove Kraft Limited, a kitchen and home appliances manufacturer, reported robust Q1 financial results. Revenue increased by 8.2% to ₹340.10 crore, gross profit rose 8.5% to ₹130.40 crore, and net profit surged 27.2% to ₹10.40 crore. The company saw growth across various product categories, with induction cooktops and small appliances showing significant value growth. Stove Kraft expanded its retail presence, adding 19 new stores, and experienced 14% growth in exports. The company expects further margin expansion in coming quarters and is pursuing growth through new initiatives, including in-house chimney manufacturing and development of outdoor cooking products.

04Aug 25

Stove Kraft Reports Robust Q1 Results with 8.2% Revenue Growth

Stove Kraft Limited, a kitchen and home appliances manufacturer, announced robust Q1 financial results. Revenue from operations increased by 8.2% to ₹3,401.07 crore. Net profit rose significantly by 27.2% to ₹104.33 crore. EBITDA improved to ₹370.00 crore, with the EBITDA margin expanding to 10.8%. The company also approved the grant of 18,162 stock options to eligible employees under its Employee Stock Option Plan 2018.

22May 25

Stove Kraft Eyes 55-60% Export Growth, Margin Improvement for FY26

Stove Kraft Limited, a leading kitchen appliances manufacturer, has outlined ambitious goals for FY26. The company aims to boost export revenue by 55-60%, maintain strong performance in its small appliances segment, and improve both gross and EBITDA margins by 1 percentage point each. A strategic partnership with IKEA, set to commence in Q3 of the current fiscal year, is expected to significantly contribute to the business by FY26 end.

21May 25

Stove Kraft Reports Mixed Q4 Results, Announces Dividend

Stove Kraft Ltd. released Q4 financial results showing mixed performance. EBITDA increased to ₹300.00 crore, up 14.07% YoY, with margin expansion to 9.58%. Revenue declined slightly to ₹3,130.00 million. Net profit decreased to ₹15.00 crore YoY but improved sequentially. The board recommended a dividend of ₹3.00 per equity share.