Stove Kraft Ltd. (STOVEKRAFT) AI Stock Analysis

• Market Cap: ₹22.11B
• Dividend Yield: 0.45%
• Average Volume (3M): 6.48K
• Price to Earnings (P/E): 48.7
• Beta (1Y): 1.07
• Revenue Growth: 7.89%
• EPS Growth: 32.07%
• Country: IN
• Employees: 5,726
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): 6.50
• Shares Outstanding: 33,101,500
• 10 Day Avg. Volume: 2,545
• 30 Day Avg. Volume: 6,481
• PEG Ratio: 4.77
• Price to Book (P/B): 5.12
• Price to Sales (P/S): 1.66
• P/FCF Ratio: 50.35
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: ₹794.00 ▲(18.85% Upside)

Stove Kraft Ltd. shows strong financial performance with improving cash flow and profit margins, which is the most significant factor in the score. The technical analysis supports a positive outlook with strong market momentum. However, the high P/E ratio suggests potential overvaluation, which is a risk factor.

Stove Kraft Ltd. Business Overview & Revenue Model

Company Description

Stove Kraft Ltd. (STOVEKRAFT) is a prominent player in the kitchen appliances sector in India, specializing in the manufacturing and distribution of a wide range of products including cookware, cookware accessories, and kitchen appliances. The company operates primarily under its flagship brand, Pigeon, and offers a diverse portfolio that caters to both retail and institutional customers. With a commitment to quality and innovation, Stove Kraft aims to enhance the cooking experience for its consumers through durable and efficient products.

How the Company Makes Money

Stove Kraft generates revenue through the sale of its kitchen appliances and cookware products across various channels, including online marketplaces and offline retail stores. The company's primary revenue streams include direct sales to consumers, distribution agreements with retailers, and partnerships with e-commerce platforms. Additionally, Stove Kraft benefits from brand loyalty and repeat purchases due to its established reputation for quality and customer satisfaction. The company's strategic marketing initiatives and product diversification also contribute to its earnings by attracting a broad customer base.

Stove Kraft Ltd. Financial Statement Overview

Summary

Stove Kraft Ltd. demonstrates solid revenue growth and improving profit margins. The balance sheet shows stable equity growth, though debt levels have increased. The cash flow has improved remarkably, indicating stronger financial health. Despite some operational challenges, the company's financial trajectory appears positive.

Income Statement

Stove Kraft Ltd. shows a strong improvement in gross profit margin, reaching approximately 38.1% in 2025 from 21.1% in 2024. Net profit margin slightly improved to 2.7% in 2025. Revenue growth is robust, with a 6.3% increase from 2024 to 2025. However, EBIT and EBITDA margins have been fluctuating, indicating some operational challenges.

Balance Sheet

The company's debt-to-equity ratio is moderate, indicating balanced leverage. However, there has been a consistent increase in total liabilities. Return on equity remains modest, and the equity ratio indicates a stable financial structure, with stockholders' equity increasing over the years.

Cash Flow

Free cash flow has significantly improved, turning positive in 2025. The operating cash flow to net income ratio is strong, reflecting efficient cash generation. However, the company previously faced challenges with negative free cash flow, which has been addressed in recent years.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	14.75B	14.50B	13.64B	12.84B	11.30B	8.53B
Gross Profit	5.00B	5.52B	2.88B	4.20B	3.35B	2.79B
EBITDA	1.52B	1.51B	1.18B	970.92M	939.87M	1.14B
Net Income	407.37M	385.05M	341.35M	357.70M	562.15M	811.84M
Balance Sheet
Total Assets	0.00	12.04B	10.97B	8.97B	7.28B	5.70B
Cash, Cash Equivalents and Short-Term Investments	95.05M	95.05M	71.30M	25.26M	4.05M	294.53M
Total Debt	0.00	3.71B	3.18B	1.63B	1.55B	524.06M
Total Liabilities	-4.71B	7.33B	6.58B	4.94B	3.64B	2.68B
Stockholders Equity	4.71B	4.71B	4.39B	4.03B	3.64B	3.01B
Cash Flow
Free Cash Flow	0.00	478.50M	-10.86M	-222.41M	-1.17B	466.22M
Operating Cash Flow	0.00	1.30B	1.13B	763.05M	-53.49M	1.10B
Investing Cash Flow	0.00	-794.49M	-886.32M	-1.04B	-1.15B	-663.94M
Financing Cash Flow	0.00	-548.25M	-193.48M	298.10M	916.20M	-291.45M

Stove Kraft Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 668.05
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:STOVEKRAFT, the sentiment is Negative. The current price of 668.05 is below the 20-day moving average (MA) of 706.56, below the 50-day MA of 688.96, and below the 200-day MA of 668.39, indicating a bearish trend. The MACD of 7.71 indicates Positive momentum. The RSI at 41.08 is Neutral, neither overbought nor oversold. The STOCH value of 5.41 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:STOVEKRAFT.

Stove Kraft Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GOODLUCK	76 Outperform	₹40.84B	23.89	―	0.34%	11.91%	9.18%
STOVEKRAFT	69 Neutral	₹22.11B	48.70	―	0.45%	7.89%	32.07%
BUTTERFLY	66 Neutral	₹13.87B	32.81	―	―	7.32%	―
ICEMAKE	66 Neutral	₹11.22B	62.44	―	0.32%	31.56%	-26.95%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

Stove Kraft Ltd. Corporate Events

Stove Kraft Targets 500 Exclusive Stores by 2027

Stove Kraft Limited has announced an ambitious plan to expand its retail footprint by targeting 500 exclusive stores by April 2027, having already surpassed the milestone of 300 standalone Pigeon business outlets. This expansion aims to enhance the company’s market presence across Tier 1, 2, and 3 cities, with a particular focus on North and West India. The company is actively seeking franchise partners to support this growth, offering a franchise model that includes a rent-sharing arrangement and comprehensive support for franchisees.