Stove Kraft Fires Up Q4: Revenue Rises, Profit Margins Hold Amid Competitive Market

Stove Kraft Ltd, a leading name in India’s home and kitchen appliances sector, has reported steady financials for the March 2025 quarter, reflecting resilience and operational discipline in a dynamic market.

Key Highlights:

Revenue Growth: For the March quarter, Stove Kraft posted revenue from operations of ₹3.13 billion, maintaining its growth trajectory despite a competitive landscape. This performance underscores the company’s strong brand presence and diversified product portfolio, including pressure cookers, cooktops, and small appliances.

Profitability: The company reported a net profit of ₹14.5 million for the quarter. While modest, this profit demonstrates Stove Kraft’s ability to manage costs and sustain earnings, even as input prices and market competition remain challenging.

Operational Efficiency: Gross profit margins remained healthy, supported by in-house manufacturing and a strategic focus on high-margin product categories. The company’s EBITDA margin for the recent quarters has hovered around 10–11%, in line with management’s guidance.

Strategic Partnerships: Stove Kraft has secured a significant partnership with IKEA to supply cookware globally starting FY26, with anticipated revenue contributions ramping up in FY27. Additionally, the company is developing a premium bakeware line for Walmart, aiming to increase export revenue to 25% of total sales from the current 12%.

Market Outlook: Management remains optimistic, targeting high-teen revenue growth for FY25, driven by product innovation, expansion into new channels, and robust demand during the festive season.

Stove Kraft’s results highlight its adaptability and growth ambitions, positioning the company for continued success in both domestic and international markets.

Source: Moneycontrol, Stove Kraft Investor Release, Way2Wealth