StoveKraft Ltd was incorporated in 1999 by Mr. Rajendra Gandhi. It manufactures a wide range of kitchen solutions under Pigeon (value), Gilma (semi-premium) brands and acts as an exclusive partner for kitchen appliances of the BLACK + DECKER (premium) brand. The products comprise cookware and cooking appliances, while the home solutions consist of various household utilities, including the recently introduced LED bulbs, oxymeters, etc. Presenting below are its Q1 FY26 earnings.
Q1 FY26 Earnings Summary
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Standalone Revenue: ₹340.1 crore, up 8.28% year-over-year (YoY) from ₹314.7 crore in Q1 FY25.
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Net Profit (PAT): ₹10.43 crore, up 25% YoY from ₹8.2 crore in Q1 FY25.
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EBITDA: ₹37 crore, representing a solid increase over the prior year.
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EBITDA Margin: Approximately 10.9%, reflecting operational improvements.
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Profit Before Tax (PBT): ₹13.3 crore.
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EPS: Around ₹0.44.
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Growth Drivers: Topline growth supported by strong demand across core home and kitchen appliances, particularly in the nonstick cookware and cooktop segments.
Key Management Commentary & Strategic Highlights
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Management highlighted robust growth despite continued macroeconomic challenges, driven by brand strength and new product launches.
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Emphasis on product premiumization, expanding market reach, and digital-led consumer engagement.
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Operational efficiencies and cost control measures have helped improve margins.
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The company continues investing in capacity expansion and technology to support sustained growth.
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Outlook: Management is optimistic about growth prospects in key product categories and planned expansions in distribution and manufacturing capabilities.
Q4 FY25 Earnings Summary
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Standalone Revenue: ₹313 crore, down 4% on the YOY basis.
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Net Profit (PAT): ₹1crore, down 67% on the YOY basis.
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EBITDA Margin: 9%, consistent with Q1 FY26.
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Performance: Q4 showed steady performance with margin compression managed through cost controls, setting a good base for Q1 FY26 improvements.
To view the company’s previous earnings: Click Here