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Stove Kraft Ltd share Price Today

Company details

545.25
560.00
409.50
579.00
6M Return 13.97%
1Y Return 23.05%
Mkt Cap.(Cr) 1,810.59
Volume 179,743
Div Yield 0.45%
OI
-
OI Chg %
-
Volume 179,743

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Houseware company Stove Kraft announced Q4FY24 results:

  • Revenue from Operations: Rs 325.2 crore, 17.0 % YoY
  • Gross Profit: Rs 120.7 crore, 35.0 % YoY
  • EBITDA: Rs 24.8 crore, 320.6 % YoY
  • PAT: Rs 2.7 crore, (Compared to -6.0 Cr in Q4FY23)

Commenting on Q4 Results, Rajendra Gandhi (Managing Director) said, Revenues for 4th quarter stood at Rs 325.2 Crs with gross margin of 37.1% thus registering a growth of 17% in revenue on a YoY basis. Our gross margins have improved significantly over the past year aided by optimization of operations, efficientmanufacturing process and backward integration of market tested and accepted products.

During the quarter company also launched its cast iron cookware range tailored for the Indian kitchen called‘imperi’ under itsflagship brand Pigeon along with other state of the art products. These products are combination of traditional culture andmodern elements to enhance their usability and functionality. Looking back at our foray into company owned retail stores wehave successfully added 117 stores in FY24, which is almost 2/3rd of our total store count. This shows our commitment towardsexpanding our product reach to customers and improving our brand presence.

As we move ahead in 2024, we remain committed to continue our growth trajectory by bringing valued products to ourcustomers. The Board has recommended maiden dividend of Rs 2.50 per share.

Result PDF

View Other Company Results

Stove Kraft Ltd shares SWOT Analysis

Strengths (8)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Rising Net Cash Flow and Cash from Operating activity
  • Company with Low Debt

Weakness (7)

  • Promoters increased pledged shares QoQ
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years

Opportunity (1)

  • RSI indicating price strength

Threats (2)

  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 556.8
R2 565.8
R3 571.5
Pivot

551.02

S1 542.0
S2 536.3
S3 527.3
EMA SMA
507.6
483.5
474.9
478.2
502.3
470.2
463.9
485.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
EMERGING BUSINESS FUND Bulk Purchase 2023-04-25 373 303047 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-03-21 394.34 239964 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2023-03-21 394.71 239964 NSE
Name Category Shares
RAJENDRA GANDHI PROMOTER 55.27%
SUNITHA RAJENDRA GANDHI PROMOTER 0.61%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
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Profit after Tax
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Stove Kraft Ltd Stocks COMPARISON

Financials( in Cr) Stove Kraft Ltd Havells India Ltd Dixon Technologies (India) Ltd Voltas Ltd Blue Star Ltd
Price 547.80 1,815.65 11,336.35 1,477.75 1,705.95
% Change -1.98 -0.69 -1.82 -3.80 -1.42
Mcap Cr 1,810.59 113,783.70 67,816.31 48,896.53 35,076.89
Revenue TTM Cr 1,283.85 18,590.01 12,192.01 12,481.21 7,977.32
Net Profit TTM Cr 35.77 1,270.76 255.08 248.11 400.69
PE TTM 54.04 90.65 187.81 201.52 85.65
1 Year Return 23.05 35.81 143.52 87.02 123.70
ROCE 11.15 24.13 23.60 8.40 23.89
ROE 8.52 18.06 22.36 4.40 23.42
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 403.37 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 33,341.08 2,221.69
LAST 3M 104,503.43 -28,029.53
LAST 6M 177,721.56 -12,795.34
LAST 12M 291,099.69 101,888.70
Stove Kraft Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Jun 19, 2024 l NSE Announcement

Stove Kraft Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Jun 14, 2024 l NSE Announcement

Stove Kraft Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Jun 13, 2024 l NSE Announcement

Date Action Type Ratio
No data found

Stove Kraft Ltd Information

Stock PE (TTM)
54.04
Promoter Holding
55.88%
Book Value
132.886
ROCE
11.15%
ROE
8.52%
Description
  • Stove Kraft Limited was incorporated as Stove Kraft Private Limited on June 28, 1999 at Bengaluru, Karnataka, India as a private limited company and commenced its business on June 28, 1999. Subsequently, the company was converted into a public limited company pursuant to a special resolution passed by the shareholders at the EGM on May 28, 2018, and the name of the Company was changed from Stove Kraft Private Limited to Stove Kraft Limited on August 13, 2018. The Company is a kitchen solutions and an emerging home solutions brand. Further, It is one of the leading brands for kitchen appliances in India, and are one of the dominant players for pressure cookers and amongst the market leaders in the sale of free standing hobs and cooktops. It is engaged in the manufacture and retail of a wide and diverse suite of kitchen solutions under its Pigeon and Gilma brands, and propose to commence manufacturing of kitchen solutions under the BLACK DECKER brand, covering the entire range of value, semi-premium and premium kitchen solutions, respectively. The Company`s kitchen solutions comprise of cookware and cooking appliances across its brands, and its home solutions comprise various household utilities, including consumer lighting, which not only enables it to be a one stop shop for kitchen and home solutions, but also offer products at different pricing points to meet diverse customer requirements and aspirations. The Company`s flagship brands, Pigeon and Gilma, have enjoyed a market presence of over 15 years and enjoy a high brand recall amongst customers for quality and value for money. Pigeon has been listed as one of the `India`s Most Admired Brands 2016` by White Page International. As a result of its co-branding initiatives over eight years with LPG companies such as Indian Oil Corporation Limited and Hindustan Petroleum Corporation Limited to utilize their sale and distribution channels, its Pigeon brand has enjoyed a wide customer outreach and continues to have a high brand recall value. The Company manufactures and retails a wide and diverse range of affordable (value segment), quality products under its Pigeon brand, including, inter alia, cookware, cooking appliances and household utilities (including consumer lighting). The Company currently offers a wide range of products such as chimney, hobs and cooktops under the Gilma brand, which is targeted at the semi-premium segment. The Company has a separate distribution network for each of its Pigeon, Gilma and BLACK DECKER brands. Further, there is a separate distribution network for the Pigeon LED products. As of September 30, 2020, its manufacturing facilities in Bengaluru and Baddi are well connected with nine strategically located C&F agents. Additionally, the company has 651 distributors in 27 states and five union territories of India and 12 distributors for its products that are exported as of September 30, 2020. As of September 30, 2020, the C&F agents and distributors are, in turn, connected with a dealer network comprising of over 45,475 retail outlets, which are driven through a sales force of 566 personnel. The Company has entered into commercial arrangements with retail chains such as Metro Cash And Carry India Private Limited for the sale of its Pigeon branded products from several of their retail outlets in India. Further, It has also entered into agreements with e-commerce platforms such as Flipkart India Private Limited for the sale of its products on their portals. Outside of India, the company exports its products which are manufactured by it to retail chains in the United States of America and Mexico. The Company`s Gilma brand products are sold through exclusively branded outlets owned and operated by franchisees. As of September 30, 2020, there were 65 such stores spread across four states and 28 cities and towns, with a presence in the urban market in south India. Gilma stores are designed to be experience` stores. The Company was founded by its Promoter, Rajendra Gandhi, a first generation entrepreneur with over 21 years of experience in the kitchen appliances industry. The Company believes that the sector-specific experience and expertise of its senior management has contributed significantly in the growth of the Company.

Registered Address

81/1 Medamarana Halli Village, Harohalli Hobli KanakapurTaluk, Bangalore Rural, Karnataka, 562112

Tel : 91-80-28016222
Email : cs:stovekraft.com
Website : http://www.stovekraft.com
Registrar

KFin Techologies Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543260
NSE Code : STOVEKRAFT
Book Closure Date (Month) :
BSE Group : B
ISIN : INE00IN01015

FAQ’s on Stove Kraft Ltd Shares

You can buy Stove Kraft Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Stove Kraft Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 19, 2024 03:53 PM the closing price of Stove Kraft Ltd was Rs.547.80.

The latest PE ratio of Stove Kraft Ltd as of Jun 19, 2024 03:53 PM is 54.04

The latest PB ratio of Stove Kraft Ltd as of Jun 19, 2024 03:53 PM is 0.24

The 52-week high of Stove Kraft Ltd share price is Rs. 579.00 while the 52-week low is Rs. 409.50

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 19, 2024 03:53 PM, the market cap of Stove Kraft Ltd stood at Rs. 1,810.59.

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