Stove Kraft Limited — PPTs, 04-08-2025: Investor Presentation

Here's a summary of the attached investor presentation:

**1. Financial Highlights:**

Revenue for the quarter reached Rs. 340.1 Cr, up 8.2% year-over-year (YoY). Profit after tax (PAT) jumped 27.2% YoY to Rs. 10.4 Cr. Gross Margin remained stable at 38.3%. The company reported a 15.0% Return on Capital Employed (ROCE) and 8.7% Return on Equity (ROE) for the quarter, reflecting robust operational performance.

**2. Strategic Initiatives & Growth Drivers:**

India's consumer durables market is projected to grow at an ~11% CAGR, driven by rising consumer confidence and demand from Tier-II/III cities. The company's product mix aligns with this, showing strong value growth in Induction Cooktops and Small Appliances. Favorable government policies further support sector expansion.

**3. Business Developments:**

The company significantly expanded its retail footprint, operationalizing 19 new stores in 18 new cities, bringing the total to 281 operational stores. Recent product introductions include personal grooming items, chimneys, cast iron cookware, and the innovative MIOTM non-stick cookware series using advanced Italian technology.

**4. Market Position & Competitive Advantage:**

The company holds market leadership in free-standing hobs and cooktops, and ranks as the 3rd largest by volume in non-stick cookware. Its multi-brand strategy (Pigeon, Gilma, Black+Decker) and backward integrated manufacturing facilities provide a strong competitive differentiation.

**5. Investor Implications:**

The strong Q1 financial results combined with aggressive retail expansion and product innovation indicate positive growth potential. Investors should monitor the company's continued market penetration and operational leverage.