Stove Kraft Limited — PPTs, 03-02-2025: Investor Presentation

**Financial Highlights:** In Q3 FY25, Stove Kraft reported revenues of INR 404.1 Crore, reflecting an 11.7% year-on-year growth, driven by a 3.7% increase in volume for Kitchen and Home Appliances. EBITDA rose to INR 40.5 Crore, marking a significant 34.7% increase, while net profit soared by 79.7% to INR 12.1 Crore.

**Strategic Initiatives and Growth Drivers:** The company is expanding its retail presence, having opened 17 new exclusive Pigeon stores this quarter. With a total of 230 stores operational across 16 states, Stove Kraft is reinforcing its market foothold through targeted promotions and influencer partnerships.

**Business Developments:** The product mix includes strong performance in the Cooker and Small Appliances categories, which accounted for 37% of revenue. The company is also benefitting from an increasing trend toward premium kitchen products, supported by positive macroeconomic factors.

**Market Position and Competitive Advantage:** The Indian consumer durables market is anticipated to grow at approximately 11% CAGR, positioning Stove Kraft favorably to capitalize on rising demand. Its focus on compact and efficient kitchen appliances is aligning well with shifting consumer preferences toward space utilization.

**Investor Implications:** With improved financial health evidenced by reduced net working capital days to 45, Stove Kraft showcases a positive outlook. Its strategic expansions and market positioning offer potential growth opportunities for investors to consider.