Stove Kraft Ltd (STOVEKRAFT) — shareholding pattern, promoter holding, financials and share price
About Stove Kraft Ltd (STOVEKRAFT)
Stove Kraft Ltd operates in the Household Appliances industry, within the Consumer Durables sector. It trades on the NSE as STOVEKRAFT and on the BSE under scrip code 543260. Its ISIN is INE00IN01015.
StoveKraft Ltd was incorporated in 1999 by Mr. Rajendra Gandhi. [1] 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. [2]
Stove Kraft Limited manufactures and sells kitchen and home appliances under brands including Pigeon, Gilma and BLACK+DECKER (licenced), operating manufacturing facilities in Bengaluru and Baddi and a multi‑channel distribution network spanning exclusive Pigeon stores, 600+ distributors and exports to the USA and Mexico.
Retail expansion is a central growth lever: Stove Kraft opened 17 new exclusive stores in Q3, operates 313 stores across 21 states and is targeting 500 exclusive outlets by April 2027, with average monthly sales per store at INR 4.27 lakh, signalling aggressive roll‑out and franchise focus.
Listed peers in Household Appliances: Bajaj Electricals Ltd, Orient Electric Ltd, Bosch Home Comfort India Ltd, Carysil Ltd, Epack Durable Ltd, Wonder Electricals Ltd.
Valuation & Returns
10 Jul 2026At ₹797.95 a share on 10 Jul 2026, Stove Kraft Ltd (STOVEKRAFT) was valued at a price-to-earnings ratio of 62.91x against an industry P/E of 50.62x and a price-to-book of 5.61x on a book value of ₹142.21 per share as of Mar 2025. Solomo computes return on equity of 8.92% and return on capital employed of 9.56% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 62.91x
- Industry P/E
- 50.62x
- P/B
- 5.61x
- EPS (TTM)
- ₹12.68
- Book value / share
- ₹142.21
- ROE
- 8.92%
- ROCE
- 9.56%
- ROA
- 3.49%
- Debt / equity
- 0.74x
- Dividend yield
- 0.38%
- EBITDA margin
- 9.81%
- 52-week range
- ₹445.95 – ₹827.2
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2021In the year ended Mar 2021, Stove Kraft Ltd (STOVEKRAFT) reported revenue of ₹859 crore, net profit of ₹81 crore and earnings per share of ₹24.99. That compares with revenue of ₹670 crore and net profit of ₹3 crore in Mar 2020. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2021, revenue was ₹235 crore and net profit ₹19 crore (consolidated).
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 493 | 524 | 641 | 670 | 859 |
| Net profit (₹ cr) | -19 | -13 | 1 | 3 | 81 |
| EPS (₹) | -10.19 | -6.75 | 0.3 | 1.28 | 24.99 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 16.70% | 8.46% | 28.23% |
| Profit growth | 68.43% | -11.85% | - |
| Stock price CAGR | 1% | 20% | 30% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 55.79% of Stove Kraft Ltd (STOVEKRAFT) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.22% and domestic institutional investors (DII) hold 7.1%. Promoters have pledged 15.7% of their holding. Market capitalisation was ₹2,642 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2021.
Largest disclosed public shareholders in Jun 2026: BANDHAN SMALL CAP FUND 3.61%, SURESH KUMAR AGARWAL 2.81%, MAHINDRA MANULIFE SMALL CAP FUND 2.1%, ASHISH KACHOLIA 1.74%, HUF 1.19%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 55.79% | 15.7% | 1.22% | 7.1% | 44.21% |
| Mar 2026 | 55.79% | 15.7% | 0.81% | 7.97% | 44.21% |
| Dec 2025 | 55.79% | 14.6% | 0.87% | 8.34% | 44.21% |
| Sep 2025 | 55.8% | 14.6% | 0.95% | 7.9% | 44.2% |
| Jun 2025 | 55.84% | 14.6% | 1.2% | 7.76% | 44.16% |
| Mar 2025 | 55.84% | 14.6% | 1.2% | 7.01% | 44.16% |
| Dec 2024 | 55.88% | 14.6% | 1.68% | 5.41% | 44.12% |
| Sep 2024 | 55.88% | 14.6% | 1.52% | 5.48% | 44.12% |