ALFA Finder| Management target | Revenue 20.0% |
|---|
| Revenue growth | Q2 +23.2% YoY; induction cookware (+108%) a sharp, event-driven boost. |
|---|---|
| Margins | EBITDA 12.9%, +90bps YoY; seasonal peak, 0.5–1pt lower in Q1/Q4. |
| Order book | Exports claimed strong order book; no figures disclosed. |
| Demand visibility | Festive-season dependent; management claims stable long-term demand, no hard numbers. |
| Management confidence | Overly optimistic; confident tone, deflects export shortfall and margin questions. |
Growth
Revenue +23.2%, EBITDA +32.7%, PAT +35.7%. Induction cookware +108% is a sharp, partly event-driven spike.
Outlook
Near-term ~20% revenue growth claimed. 500 combined stores by FY28. 12–15% EBITDA margin ambition. Capex under ₹50 Cr, excluding land and China.
Risks
Other expenses rising sharply. Exports underperformed on product transitions. Borrowings up on inventory and China capex.
Last quarter's promises, checked
Delivered
- Gross margin +≥1pt YoY → +120bps (= BEAT)
- PAT growth > revenue → PAT +35.7% vs rev +23.2% (= BEAT)
- Induction ~2x YoY → +108% (= BEAT)
Partly delivered
- EBITDA margin +≥1pt YoY → +90bps to 12.9% (= PARTIAL)
- Q2 growth as strong as Q1 (+41.3%) → +23.2% (= PARTIAL)
Missed
- Exports ~15% of revenue → lagged, share undisclosed (= MISS)
- Other expenses normalise → rising sharply (= MISS)
- 500 standalone Pigeon outlets by YE2027 → 360 Pigeon stores; now 500 combined by FY28 (= MISS)
Earnings Call Transcript filed with NSE, NSE: STOVEKRAFT. Summary written with AI assistance from the document.
Stove Kraft Ltd: key numbers
- Share price
- ₹796.50
- Market cap
- ₹2,637 Cr
- Revenue (annual)
- ₹1,607 Cr
- Net profit (annual)
- ₹41.99 Cr
- P/E (TTM)
- 46.8×Sector 43.8×
- Promoter holding
- 55.79%+0.00% QoQ
- FII holding
- 4.03%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Stove Kraft Ltd
All →Stove Kraft Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹584.7 Cr (+23.2%), record EBITDA margin 12.9%, PAT ₹29.0 Cr (+35.7%). H1 revenue ₹1,065.2 Cr (+30.8%). Growth led by retail and general trade.
Stove Kraft Results Update
Stove Kraft reported Q2 FY27 revenue of Rs.584.7 Crore, up 23.2% YoY, with PAT up 35.7% to Rs.29.0 Crore. The investor release also covers channel and store expansion.
Stove Kraft Q2 FY27 Results: Net Profit ₹29 Cr, Up 35.5% YoY
Stove Kraft Ltd reported revenue from operations of ₹584.7 Cr (+23.3% YoY) and net profit of ₹29 Cr (+35.5% YoY) for Q2 FY27.
- Key figure
- Net profit ₹29 Cr · +35.5% YoY
Stove Kraft Board Meeting Date
Stove Kraft Ltd has intimated that its Board meeting is scheduled for 4 November 2026. The agenda includes approval of Q1 and H1 FY27 unaudited financial results.
Stove Kraft Other Announcement
The company submitted its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with regulatory requirements.
Stove Kraft Other Announcement
Stove Kraft disclosed a CRISIL ESG score of 63 for FY 2025-26. The rating was voluntarily prepared by CRISIL using public-domain data.