Stove Kraft Reports Robust Q1 FY27 Performance; Revenue Rises 41.3% YoY, PAT Jumps 63.5%
Stove Kraft Limited, a prominent brand in home and kitchen appliances across India, announced its unaudited financial results for the quarter ending June 30, 2026. The company reported significant growth across key metrics, driven by strong product demand and improved profitability margins, despite navigating global economic uncertainty and supply chain challenges.The company's performance highlights demonstrate robust expansion in both revenue and profits during Q1 FY27. Revenue saw a substantial increase of 41.3% year-on-year (YoY). Net Profit After Tax (PAT) experienced an even steeper rise, jumping 63.5% YoY to ₹17.1 Crore.
Financial Performance Snapshot
The unaudited results reveal sustained operational strength across the company's portfolio. Key financial indicators for Q1 FY27 stand as follows:| Particulars (Rs. Crs.) | Q1 FY27 | Q1 FY26 | Y-o-Y | Q4 FY26 | Q-o-Q |
|---|---|---|---|---|---|
| Revenues | 480.6 | 340.1 | 41.3% | 414.5 | 15.9% |
| Gross Profit | 190.4 | 130.4 | 46.0% | 160.2 | 18.8% |
| Gross Profit % | 39.6% | 38.3% | 38.6% | ||
| EBITDA | 53.8 | 35.6 | 50.9% | 39.5 | 36.2% |
| EBITDA % | 11.2% | 10.5% | 9.5% | ||
| PAT | 17.1 | 10.4 | 63.5% | 6.1 | 181.9% |
| PAT % | 3.5% | 3.1% | 1.5% |
Product Category Growth
The Q1 FY27 results were underpinned by exceptional growth in specific product categories, demonstrating consumer demand for high-efficiency kitchen solutions.Key growth figures across product segments include:
| Product Category | Growth Val (Y-o-Y) |
|---|---|
| Induction Cooktops | 315.9% |
| Non-stick Cookware | 41.3% |
| Cooker | 21.8% |
| Small Appliance | -2.2% |
| Gas Cooktops | -6.9% |
Omnichannel Strength and Operational Updates
Mr. Rajendra Gandhi, Managing Director, commented on the results, stating that the company achieved its strongest first-quarter performance since inception. He noted that this success underscores the benefits of operating and financial leverage, despite facing global economic uncertainty and supply chain challenges."The induction cooktop category delivered exceptional growth of 315.9% year-on-year, while core categories such as Pressure Cookers and Non-stick Cookware grew by 41.3% and 21.8%, respectively," Gandhi stated.
The company's growth was broad based across distribution channels. General Trade recorded a 56.2% growth, marking its highest growth rate in the last three years. Own Retail business delivered an outstanding 86.3% growth.
Channel Mix and Expansion
The revenue breakdown by channel is presented below:| Channels | GT | MR | ECOM | Own Retail | OEM |
|---|---|---|---|---|---|
| Revenue Break Up (%) | 28.6% | 13.0% | 31.8% | 8.7% | 15.3% |
In terms of operational reach, Stove Kraft expanded into 9 new cities during the quarter. The company currently operates 346 stores across 23 states and in 160 Indian cities. Additionally, the company added 17 new stores in Q1, with 165 operating under a franchisee model.
The brand maintains its position as a leading player for pressure cookers and market leader in free-standing hobs and cooktops, offering solutions through established brands like Pigeon and Gilma. The company's manufacturing facilities are located in Bengaluru (Karnataka) and Baddi (Himachal Pradesh).
STOVEKRAFT Stock Price Movement
Stove Kraft Limited shares today slipped by 3.02%, closing at ₹754.6 after the post-market session. The stock traded intraday within a range of ₹726.3 to ₹795.95.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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