Stove Kraft Ltd

Stove Kraft Ltd

₹ 427 -0.96%
19 Apr 9:25 a.m.
About

StoveKraft Ltd was incorporated in 1999 by Mr. Rajendra Gandhi. [1] It manufactures a wide range of kitchen solutions under Pigeon (value), Gilma (semi-premium) brands and acts as an exclusive partner for kitchen appliances of the BLACK + DECKER (premium) brand. The products comprise cookware and cooking appliances, while the home solutions consist of various household utilities, including the recently introduced LED bulbs, oxymeters, etc. [2]

Key Points

Product Portfolio
The company's product portfolio consists of Cookware, Cooktops, and other kitchen solutions, as small appliances like Mixer grinders, chimneys, Water heaters, LPG Stoves, juicers, hand blenders, Downlights, and a few more. [1]

  • Market Cap 1,410 Cr.
  • Current Price 427
  • High / Low 579 / 372
  • Stock P/E 55.3
  • Book Value 130
  • Dividend Yield 0.00 %
  • ROCE 12.5 %
  • ROE 9.29 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 39.0% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
294.68 235.44 214.21 362.84 297.98 261.33 275.07 406.20 324.53 278.06 297.75 379.77 361.59
251.92 210.23 194.04 322.24 279.43 245.82 253.45 360.16 299.09 272.17 273.78 339.81 331.49
Operating Profit 42.76 25.21 20.17 40.60 18.55 15.51 21.62 46.04 25.44 5.89 23.97 39.96 30.10
OPM % 14.51% 10.71% 9.42% 11.19% 6.23% 5.94% 7.86% 11.33% 7.84% 2.12% 8.05% 10.52% 8.32%
0.08 0.80 0.44 0.14 0.06 -2.19 -1.46 -0.84 -2.93 1.73 1.62 0.32 -1.41
Interest 5.55 3.18 2.96 3.89 2.96 1.21 2.95 3.42 4.00 6.16 4.24 6.36 5.91
Depreciation 3.81 3.62 4.12 4.79 5.61 5.21 6.62 7.31 8.33 9.43 10.27 11.58 12.86
Profit before tax 33.48 19.21 13.53 32.06 10.04 6.90 10.59 34.47 10.18 -7.97 11.08 22.34 9.92
Tax % 0.00% 0.00% 0.00% 28.51% -10.66% -25.22% 23.70% 24.89% 23.48% 24.72% 25.99% 25.96% 31.85%
33.47 19.21 13.53 22.93 11.11 8.65 8.08 25.90 7.79 -6.00 8.20 16.53 6.76
EPS in Rs 13.54 5.89 4.15 7.04 3.39 2.63 2.46 7.88 2.37 -1.82 2.48 5.00 2.05
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
588 377 333 321 330 493 524 641 670 859 1,134 1,281 1,317
596 422 337 326 351 489 512 611 636 745 1,038 1,180 1,217
Operating Profit -8 -45 -4 -5 -20 4 12 30 34 114 96 101 100
OPM % -1% -12% -1% -2% -6% 1% 2% 5% 5% 13% 8% 8% 8%
10 0 0 4 1 3 4 2 2 0 -2 -4 2
Interest 0 14 15 16 15 15 17 18 21 19 12 18 23
Depreciation 0 8 9 -4 10 11 12 12 12 14 20 32 44
Profit before tax 2 -68 -28 -12 -44 -19 -13 2 3 81 63 47 35
Tax % 59% -7% 0% 0% 0% 0% 0% 2% 0% 0% 10% 24%
1 -73 -28 -12 -44 -19 -13 2 3 81 56 36 25
EPS in Rs 0.53 -38.39 -14.90 -6.57 -23.32 -10.20 -6.76 0.77 1.15 24.91 17.10 10.83 7.71
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 13%
5 Years: 20%
3 Years: 24%
TTM: 4%
Compounded Profit Growth
10 Years: 10%
5 Years: 39%
3 Years: 125%
TTM: -49%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -3%
1 Year: 14%
Return on Equity
10 Years: %
5 Years: %
3 Years: 21%
Last Year: 9%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 19 19 19 19 19 19 19 25 25 33 33 33 33
Reserves 46 -27 41 -122 -166 -185 -197 -85 -83 270 331 370 395
108 111 108 335 365 372 396 321 338 53 78 197 148
140 101 85 88 122 146 177 168 192 216 286 297 480
Total Liabilities 313 204 253 320 340 352 395 428 472 571 728 897 1,056
55 51 81 172 191 187 181 181 194 221 312 402 455
CWIP 6 9 18 15 0 0 1 2 8 19 9 10 12
Investments 15 22 25 19 8 9 8 9 1 0 0 0 0
236 123 129 114 140 156 205 237 270 331 407 486 590
Total Assets 313 204 253 320 340 352 395 428 472 571 728 897 1,056

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-23 14 10 103 -5 76
-16 -11 -18 -65 -115 -104
39 22 -2 -22 92 30
Net Cash Flow -0 25 -11 15 -29 2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 49 36 54 55 55 44 55 51 56 36 31 40
Inventory Days 76 104 78 109 81 96 102 103 103
Days Payable 105 133 117 150 112 125 100 60 75
Cash Conversion Cycle 49 36 54 26 26 6 14 20 28 38 74 68
Working Capital Days 50 11 38 19 15 10 22 21 30 36 33 34
ROCE % -39% -10% 2% -13% -2% 3% 8% 9% 32% 19% 13%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
54.29% 54.29% 54.01% 56.38% 56.19% 56.19% 56.19% 55.92% 55.92% 55.92% 55.88% 55.88%
7.12% 9.09% 9.80% 8.39% 7.96% 7.17% 5.50% 3.16% 0.98% 0.46% 0.42% 0.78%
9.22% 7.35% 7.09% 9.34% 9.04% 9.83% 9.67% 6.68% 1.15% 2.39% 3.02% 3.44%
29.37% 29.27% 29.10% 25.89% 26.81% 26.80% 28.64% 34.24% 41.95% 41.23% 40.68% 39.92%
No. of Shareholders 19,80432,94636,64947,56361,86059,74962,80378,88286,06379,53677,76674,196

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents