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Stovekraft just dropped stellar Q1FY27 results! 🔥 Revenue hit a record ₹480.6 Cr, soaring 41.3% YoY. Profits (PAT) jumped an impressive 63.5% to ₹17.1 Cr, while EBITDA grew 50.9% to ₹53.8 Cr. Gross margins also expanded by 127 bps, reflecting better operational efficiency.
The Induction Cooktop (ICT) segment led the charge with an incredible 315.9% YoY growth. General Trade (+56.2% YoY) and Retail (+86.3% YoY) channels were star performers, fueled by opening 17 new stores and expanding into 9 new cities.
Stovekraft is proactively building inventory for the festive season, especially for high-demand ICT products. They also launched a range of new products, including commercial induction cooktops and Gilma chimneys/hobs, alongside their "Ex Ko Karo Exchange" campaign. Management is optimistic about sustained growth and improved capital efficiency, highlighting resilient market demand. #Stovekraft #Q1FY27 #Earnings