Stove Kraft Limited
NSE: STOVEKRAFTHousehold Appliances
Share price
₹802.10
-0.12% close of 9 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 6 Oct 2026, the close above is 9 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
58
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹2,647 Cr
P/E ratio
55.1
P/B ratio
5.3
ROCE
10.9%
ROE
8.6%
Dividend yield
0.4%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 18.5% over the past year, and 9.5% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 9.3% to 10.5% over the last two years.
Whether it grew faster than its sector
It grew 9.5% a year against a sector median of 11.3% — 1.8 percentage points slower.
Room to re-rate, or risk of de-rating
At 55.1× earnings it costs 2.3× the market, which pays 24.1× across 2199 companies we can price. Its own industry sits at 65.4×, across 5 companies. It is against its own five-year median of 44.7×, the 75th percentile of its own range.
Whether growth justifies the valuation
Priced at 11.0 times its growth rate, on earnings growth of 5%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Stove Kraft Limited — this one | 5%/yr | 55.1× | ₹11.0 |
| LG Electronics India Limited | 8%/yr | 65.4× | ₹8.2 |
| Voltas Limited | 17%/yr | 73.0× | ₹4.3 |
| Blue Star Limited | 27%/yr | 60.9× | ₹2.3 |
| Amber Enterprises India Limited | 8%/yr | 110.0× | ₹13.8 |
| Crompton Greaves Consumer Electricals Limited | -10%/yr | 29.3× | — |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Household Appliances), it ranks 12 of 21 on returns, 15 of 21 on growth, 6 of 21 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
No durable advantage shows in the numbers: it earns 10.9% on capital, ahead of 43% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
Yes — Over the last five years it made ₹572 crore of cash from the business, spent ₹499 crore on plant and equipment, and returned ₹81 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 8 years, about 239 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back faster than it used to: it went from being waiting 12 days for its cash to paid 10 days before it paid its own suppliers.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
7 of 9 checks clear · 78%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Revenue up 41% and profit up 64%, driven by induction cooktops more than quadrupling
Announced 3 Aug 2026 · Standalone · Unaudited
Revenue
₹481 Cr
Net profit
₹17 Cr
Net margin
3.5%
EPS
₹5.15
Earnings call transcript · 4 Aug 2026
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹2,647 Cr
- Prev close
- ₹802.10
- 52w High
- ₹877
- 52w Low
- ₹447
- Enterprise value
- ₹2,733 Cr
- Beta
- 0.8
- Price CAGR 1y
- 19.0%
- Price CAGR 3y
- 13.0%
- Price CAGR 5y
- -6.0%
- Price CAGR 10y
- —
Ratios
- Return on assets
- 3.6%
- PEG ratio
- 10.9
- P/E ratio
- 55.1
- P/B ratio
- 5.3
- EV / EBITDA
- 14.9
- Industry P/E
- 34.1
- ROCE
- 10.9%
- ROCE 5y average
- 13.0%
- ROE
- 8.6%
- Debt / Equity
- 0.2
- Interest coverage
- 2.7
- Dividend yield
- 0.4%
- ROE 3y average
- 9.0%
- ROE last year
- 8.0%
Annual P&L
- Annual revenue
- ₹1,605 Cr
- Annual profit
- ₹42 Cr
- Operating margin
- 10.0%
- Net profit margin
- 2.6%
- EBITDA margin
- 9.8%
- Sales growth 3y
- 7.8%
- Sales growth 5y
- 13.3%
- Profit growth 3y
- 5.0%
- Profit growth 5y
- -13.0%
- EPS
- ₹12.7
- Sales growth TTM
- 18.0%
- Profit growth TTM
- 19.0%
- Dividend payout
- 28.0%
Quarter P&L
- Sales latest quarter
- ₹481 Cr
- Profit latest quarter
- ₹17 Cr
- YoY quarterly sales growth
- 41.5%
- YoY quarterly profit growth
- 70.0%
- OPM latest quarter
- 11.0%
Balance Sheet
- Book Value
- ₹153
- Face Value
- ₹10.0
- Total debt
- ₹117 Cr
- Total cash
- ₹30 Cr
- Borrowings
- ₹117 Cr
- Reserves / Equity
- 14.3
Cash Flow
- Operating cash flow
- ₹258 Cr
- Free cash flow
- ₹150 Cr
- FCF yield
- 4.5%
- Net cash flow
- ₹19 Cr
Shareholding
- Promoter holding
- 55.8%
- FII holding
- 1.2%
- DII holding
- 7.1%
- Public holding
- 35.9%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| LG Electronics | 1,758.60 | 65.5 | 1,19,531 | 0.00 | 652.9 | 27.2 | 7,233.4 | 15.5 | 32.3 |
| Voltas | 1,067.90 | 75.8 | 35,412 | 0.37 | 212.8 | 52.2 | 4,673.5 | 18.7 | 9.0 |
| Blue Star | 1,571.50 | 61.1 | 32,312 | 0.54 | 102.5 | -21.0 | 3,377.9 | 13.3 | 21.2 |
| Amber Enterp. | 6,869.00 | 117.9 | 24,323 | 0.00 | 3.1 | -3.4 | 3,887.7 | 12.7 | 10.3 |
| Crompton Gr. Con | 211.98 | 30.1 | 13,646 | 1.42 | 140.3 | 12.1 | 2,022.5 | 11.2 | 19.0 |
| V-Guard Industri | 306.30 | 35.2 | 13,392 | 0.49 | 130.3 | 76.4 | 1,810.7 | 23.5 | 18.4 |
| Whirlpool India | 867.80 | 40.4 | 11,006 | 0.58 | 102.9 | -29.4 | 2,726.8 | 12.1 | 10.7 |
| Stove Kraft | 813.45 | 55.5 | 2,696 | 0.43 | 17.1 | 63.6 | 480.6 | 41.3 | 10.9 |
| Median | 522.85 | 35.0 | 3,827 | 0.37 | 32.1 | 29.3 | 886.0 | 17.1 | 10.9 |
Competes with: Amber Enterprises India Limited, Blue Star Limited, Crompton Greaves Consumer Electricals Limited, LG Electronics India Limited, V-Guard Industries Limited, Voltas Limited, Whirlpool of India Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 298 | 380 | 362 | 325 | 314 | 418 | 404 | 313 | 340 | 474 | 378 | 415 | 481 |
| Expenses | 274 | 340 | 331 | 300 | 283 | 369 | 364 | 284 | 304 | 418 | 344 | 375 | 427 |
| Material Cost | 174 | 200 | 259 | 204 | 239 | 295 | |||||||
| Change in Inventories | -1.78 | -6.84 | 15 | 7.25 | -7.69 | -31 | |||||||
| Purchases of Stock-in-Trade | 20 | 17 | 17 | 18 | 23 | 26 | |||||||
| Employee Cost | 39 | 44 | 48 | 47 | 50 | 56 | |||||||
| Other Expenses | 52 | 51 | 78 | 68 | 71 | 81 | |||||||
| Operating Profit | 24 | 40 | 30 | 25 | 32 | 49 | 41 | 29 | 36 | 57 | 34 | 39 | 54 |
| OPM % | 8 | 11 | 8 | 8 | 10 | 12 | 10 | 9 | 10 | 12 | 9 | 10 | 11 |
| Other Income | 2 | 0 | -1 | -0 | 1 | -2 | -0 | 1 | 2 | -3 | -2 | -6 | -0 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Interest | 4 | 6 | 6 | 8 | 7 | 8 | 7 | 9 | 7 | 6 | 6 | 8 | 8 |
| Depreciation | 10 | 12 | 13 | 15 | 15 | 17 | 18 | 21 | 17 | 21 | 21 | 21 | 23 |
| Profit before tax | 11 | 22 | 10 | 2 | 11 | 22 | 15 | 1 | 13 | 27 | 5 | 5 | 22 |
| Tax % | 26 | 26 | 32 | -19 | 25 | 23 | 19 | -33 | 22 | 21 | 23 | -19 | 24 |
| Net Profit | 8 | 17 | 7 | 3 | 8 | 17 | 12 | 1 | 10 | 21 | 4 | 6 | 17 |
| EPS in Rs | 2.48 | 5 | 2.05 | 0.80 | 2.48 | 5.06 | 3.67 | 0.44 | 3.15 | 6.45 | 1.25 | 1.83 | 5.15 |
| Diluted EPS in Rs | 0.44 | 3.15 | 6.45 | 1.25 | 1.83 | 5.15 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 321 | 330 | 493 | 524 | 641 | 670 | 859 | 1,134 | 1,281 | 1,361 | 1,450 | 1,607 | 1,748 |
| Expenses | 326 | 351 | 489 | 512 | 611 | 636 | 745 | 1,038 | 1,180 | 1,240 | 1,297 | 1,448 | 1,564 |
| Material Cost | 831 | 902 | |||||||||||
| Change in Inventories | -27 | 7.85 | |||||||||||
| Purchases of Stock-in-Trade | 93 | 75 | |||||||||||
| Employee Cost | 172 | 188 | |||||||||||
| Other Expenses | 230 | 268 | |||||||||||
| Operating Profit | -5 | -20 | 4 | 12 | 30 | 34 | 114 | 96 | 101 | 121 | 151 | 157 | 184 |
| OPM % | -1.50 | -6 | 0.80 | 2.20 | 4.70 | 5 | 13 | 8 | 8 | 9 | 10 | 10 | 11 |
| Other Income | 4 | 1 | 3 | 4 | 2 | 2 | 0 | -2 | -4 | 0 | 2 | 3 | -11 |
| Exceptional items (within Other Income) | 0 | 0 | |||||||||||
| Interest | 16 | 15 | 15 | 17 | 18 | 21 | 19 | 12 | 18 | 26 | 33 | 30 | 28 |
| Depreciation | -4 | 10 | 11 | 12 | 12 | 12 | 14 | 20 | 32 | 49 | 71 | 80 | 86 |
| Profit before tax | -12 | -44 | -19 | -13 | 2 | 3 | 81 | 63 | 47 | 46 | 49 | 51 | 60 |
| Tax % | 0 | 0 | -0 | 0 | 2 | 0 | 0 | 10 | 24 | 25 | 21 | 18 | |
| Net Profit | -12 | -44 | -19 | -13 | 2 | 3 | 81 | 56 | 36 | 34 | 39 | 42 | 49 |
| EPS in Rs | -6.57 | -23 | -10 | -6.76 | 0.77 | 1.15 | 25 | 17 | 11 | 10 | 12 | 13 | 15 |
| Diluted EPS in Rs | 12 | 13 | |||||||||||
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24 | 26 | 28 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- 17%
- 5 years
- 13%
- 3 years
- 8%
- TTM
- 18%
Compounded profit growth
- 10 years
- 11%
- 5 years
- -13%
- 3 years
- 5%
- TTM
- 19%
Stock price CAGR
- 10 years
- —
- 5 years
- -6%
- 3 years
- 13%
- 1 year
- 19%
Return on equity
- 10 years
- —
- 5 years
- 10%
- 3 years
- 9%
- Last year
- 8%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 19 | 19 | 19 | 19 | 25 | 25 | 33 | 33 | 33 | 33 | 33 | 33 |
| Reserves | -122 | -166 | -185 | -197 | -85 | -83 | 270 | 331 | 370 | 406 | 438 | 471 |
| Borrowings | 335 | 365 | 372 | 396 | 321 | 338 | 53 | 78 | 197 | 256 | 371 | 117 |
| Other Liabilities | 88 | 122 | 146 | 177 | 168 | 192 | 216 | 286 | 297 | 401 | 362 | 553 |
| Total Liabilities | 320 | 340 | 352 | 395 | 428 | 472 | 571 | 728 | 897 | 1,097 | 1,204 | 1,174 |
| Fixed Assets | 172 | 191 | 187 | 181 | 181 | 194 | 221 | 312 | 402 | 510 | 627 | 583 |
| CWIP | 15 | 0 | 0 | 1 | 2 | 8 | 19 | 9 | 10 | 30 | 23 | 15 |
| Investments | 19 | 8 | 9 | 8 | 9 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 114 | 140 | 156 | 205 | 237 | 270 | 331 | 407 | 486 | 557 | 554 | 576 |
| Total Assets | 320 | 340 | 352 | 395 | 428 | 472 | 571 | 728 | 897 | 1,097 | 1,204 | 1,174 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 14 | 10 | 103 | -5 | 76 | 113 | 130 | 258 | ||||
| Cash from Investing Activity | -11 | -18 | -65 | -115 | -104 | -89 | -79 | -109 | ||||
| Cash from Financing Activity | 22 | -2 | -22 | 92 | 30 | -19 | -55 | -129 | ||||
| Net Cash Flow | 25 | -11 | 15 | -29 | 2 | 5 | -4 | 19 | ||||
| Free Cash Flow | 3 | -16 | 40 | -113 | -21 | 8 | 49 | 150 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 55 | 55 | 44 | 55 | 51 | 56 | 36 | 31 | 40 | 39 | 33 | 26 |
| Inventory Days | 76 | 104 | 78 | 109 | 81 | 96 | 102 | 103 | 103 | 136 | 147 | 133 |
| Days Payable | 105 | 133 | 117 | 150 | 112 | 125 | 100 | 60 | 75 | 111 | 107 | 133 |
| Cash Conversion Cycle | 26 | 26 | 6 | 14 | 20 | 28 | 38 | 74 | 68 | 65 | 73 | 27 |
| Working Capital Days | -59 | -80 | -47 | -34 | -36 | -36 | 23 | 12 | -1 | -9 | -12 | -10 |
| ROCE % | 2 | -13 | -2 | 3 | 8 | 9 | 32 | 19 | 13 | 11 | 11 | 11 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
exports as % of revenue
15.30pct
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
86.55inr_cr
2026-03-31
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
FY revenue / permanent employees + workers, same basis (calc)
28,95,544inr
2026-03-31
News
News and filings about Stove Kraft Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- bakelite / moulded plastic handles
- ceramic coating materials
- glass lids
Depends on the price of
- aluminium
- steel
Sells to
- IKEA · cookware for global stores (supply from 2026)
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Consumer Durables
- Industry
- Household Appliances
- Classification
- Consumer Durables › Household Appliances
- ISIN
- INE00IN01015
Plants
- Baddi manufacturing facility · Baddi, Himachal Pradesh
- Bengaluru / Harohalli manufacturing facility · Bengaluru / Harohalli, Karnataka
News impact
Big market events that reach Stove Kraft Limited, and how the effect spreads.
10 Apr, 18:14 IST · Market event · high impact
LPG Crunch — Govt Preps 30-40% Demand Spike for Induction Cookers
Who it hits first
- Induction cooker demand to surge 30-40% as government prepares for LPG shortage contingency
Who may gain
- Havells, Stove Kraft, Crompton, Dixon as direct induction makers/manufacturers
- V-Guard benefits from stabilizer demand
Along the supply chain
Downstream
LPG distributors see reduced consumer segment demand over time
Upstream
Copper and glass-ceramic suppliers see demand uptick; PG Electroplast benefits
Where demand moves
Business
LPG shortage → consumers shift to induction cooking → appliance demand surges → supply chains for coils, glass-ceramic tops ramp up
Capital
Consumer durables sector gets demand catalyst → money flows from oil/gas to consumer electricals
How it spreads across sectors
Oil & Gas
LPG demand reduction accelerates energy transition
Power
More induction cooking = higher household electricity demand
When it plays out
Immediate
Appliance stocks rally on government demand signal; retail stocking begins
Medium term
If sustained, India's cooking energy mix shifts structurally
Short term
Component supply constraints may cause short-term price inflation
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 4 Sep 2026 | unspecified | ₹3.5 |
|---|---|---|
| 19 Sep 2025 | unspecified | ₹3 |
| 13 Sep 2024 | unspecified | ₹2.5 |
Splits, bonuses & buybacks
- daily-prices repair: 7 rows from NSE's archive (replace 2, delete 0, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Annual report · 2025-2619 Aug 2026
- Earnings call4 Aug 2026
- Results presentation30 Jun 2026
- Earnings call13 May 2026
- Earnings call31 Jan 2026
- Annual report · 2024-253 Sep 2025
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.