Stove Kraft granted 97,519 stock options to eligible employees under its ESOP Plan 2018 at ₹789.35 per option. The grant vests over four years, with no cash proceeds received at grant.
Execution
Vesting over 4 years: 10% at 1st anniversary, 20% at 2nd, 30% at 3rd, 40% at 4th; exercisable within 4 years of vesting.
Q2 revenue rose 23.2% to ₹585 Cr and EBITDA margin reached 12.9% (+90bps), led by festive demand and induction cookware. Exports lagged, and borrowings rose on inventory build-up and China capex.
Q2 FY27 revenue ₹584.7 Cr (+23.2%), record EBITDA margin 12.9%, PAT ₹29.0 Cr (+35.7%). H1 revenue ₹1,065.2 Cr (+30.8%). Growth led by retail and general trade.
Stove Kraft reported Q2 FY27 revenue of Rs.584.7 Crore, up 23.2% YoY, with PAT up 35.7% to Rs.29.0 Crore. The investor release also covers channel and store expansion.
Stove Kraft Ltd has intimated that its Board meeting is scheduled for 4 November 2026. The agenda includes approval of Q1 and H1 FY27 unaudited financial results.
Stove Kraft Limited approved the issuance of a Standby Letter of Credit (SBLC) up to ₹30 Crore. This guarantee supports credit facilities for its wholly-owned Chinese subsidiary.
Stove Kraft Limited successfully concluded its 27th Annual General Meeting on September 11, 2026. All resolutions proposed in the meeting notice were passed with requisite majority.
Stove Kraft Limited issued notice for its 27th Annual General Meeting, covering financial adoption, dividend declaration, director reappointments, and professional fee approval.
Stove Kraft Limited submitted its Business Responsibility and Sustainability Report for FY2025-26. The report details the company's environmental, social, and governance disclosures as per SEBI regulations.
Stove Kraft Limited has released its Annual Report for the financial year 2025-26. The company's 27th Annual General Meeting is scheduled for September 11, 2026.
Stove Kraft Limited scheduled its 27th AGM for September 11, 2026. The Board recommended a dividend of Rs. 3.50 per share with a September 4 record date.
Stove Kraft Limited has incorporated a wholly-owned subsidiary, Guangzhou Jiawo Import & Export Co. Ltd., in China. The company also formed a joint venture, Yushan Wosituo New Materials Co., Ltd.
Stove Kraft reported record Q1FY27 revenue of ₹480.6 Cr, up 41.3% YoY. The company leveraged high brand recall to expand gross margins despite raw material headwinds.
Stove Kraft Limited announced the re-appointment of directors Neha Gandhi and Anup Sanmukh Shah, alongside the appointment of Chandru Kalro as Vice Chairperson.
Stove Kraft scheduled a board meeting on August 3, 2026. The board will consider and approve standalone unaudited financial results for the June quarter.
Stove Kraft appointed Mr. Chandru Kalro as Additional Director and Vice Chairperson. His 35-year consumer durable industry experience is expected to add strategic value.
Stove Kraft Limited is incorporating a new wholly-owned subsidiary in China for goods trading. The entity, named Stove Kraft Guangzhou, strengthens the company's international procurement network.
Stove Kraft Ltd was fined ₹0.0007 Crore by NSE for a delayed shareholding pattern filing. The company attributed the oversight to single filing system integration errors.
Stove Kraft approved forming a 50:50 manufacturing joint venture in China. This strategic move aims to produce triply sheets and circles for cookware products.
Stove Kraft Limited submitted its Annual Secretarial Compliance Report for the financial year 2025-26. The report by BMP & Co. LLP confirms company compliance with SEBI regulations.
Stove Kraft Q4 FY26 revenue grew 32.4% YoY to ₹414.5cr. Management focusing on backward integration, retail expansion to 500 stores by 2027, and IKEA partnership.
Stove Kraft delivered a strong revenue beat in Q4 FY26, driven by a 67% volume surge in induction cooktops following favorable GST cuts. While top-line growth is robust, margins remain pressured by forex volatility and high retail commissions.
Stove Kraft appointed Subhadeep Pal as CFO following Ramakrishna Pendyala's resignation. Price Waterhouse was also re-appointed as statutory auditor for a five-year term.
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