Stove Kraft Limited — PPTs, 12-05-2026: Investor Presentation

Stove Kraft reported strong Q4 FY26 results with revenue jumping 32.4% YoY to INR 414.5 Cr and full-year FY26 revenue up 10.9% to INR 1607.4 Cr. Q4 PAT soared 317.8% YoY to INR 6.1 Cr, while FY26 PAT grew 9.1% to INR 42 Cr. The flagship Pigeon brand grew 11.6% CAGR for FY26. Induction Cooktops were a standout, seeing 89.4% value growth in Q4 FY26.

The company is focused on retail expansion, adding 16 new Pigeon stores and entering 13 new cities in Q4. Digital strategy, including a new website and influencer marketing, is a key growth driver. Stove Kraft is also capitalizing on the market shift from LPG to electric cooking appliances.

Recent product launches include the Pigeon EGNITE 3500 Infrared Cooktop for commercial use, a new Water Heater, Hand Steamer, Dry Iron, and CerraSteel cookware. Average sale per store stood at ₹4.42 Lakhs per month.

Net Debt (excluding lease) significantly reduced from INR 192.9 Cr in Q4 FY24 to INR 27.4 Cr in Q4 FY26, strengthening the balance sheet. ROCE improved to 13.0% and ROE to 8.6% in Q4 FY26, supporting future margin expansion and working capital efficiency.