Stock corrected 7.6% despite 14% revenue growth and 28% PAT growth
Bengaluru, India, November 3, 2025: Stove Kraft Limited (NSE/BSE: Stovekraft), India's leading kitchen and home appliances company, announced its unaudited financial results for the second quarter, ending September 30, 2025, of the fiscal year 2025-2026.
| Financial Metric | Q2 FY26 | Q1 FY26 | Q2 FY25 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue from Operations | 474.4 | 340.1 | 418.3 | +39.5% | +13.4% |
| Profit Before Tax (PBT) | 27.15 | 13.34 | 21.85 | +103.5% | +24.3% |
| Net Profit (PAT) | 21.36 | 10.43 | 16.72 | +104.8% | +27.8% |
| EPS (Basic) | 6.46 | 3.15 | 5.06 | +105.1% | +27.7% |
Stove Kraft Limited (NSE/BSE: Stovekraft) is recognized as a leading kitchen & home appliances listed organization. Founded by Mr. Rajendra J Gandhi, the company has expanded its portfolio to over 1,000 products across its renowned brands—Pigeon, Gilma & Black + Decker.
Market Analysis: Stovekraft delivered strong Q2 FY26 performance with 14% revenue growth and 28% PAT growth, yet the stock corrected 7.6% in today's trading. This correction appears to be profit booking after recent gains, as the stock had rallied significantly from its 52-week low of ₹525. The company's aggressive retail expansion strategy with target of 500 stores by 2027 and focus on North and West Indian markets positions it well for sustained growth. The stock trades at a P/E of 53.1, which is slightly below the industry average of 57.4, suggesting reasonable valuation relative to peers.
This article is for educational purposes only and does not constitute investment advice. The financial data and analysis mentioned are based on company filings and market observations. Always verify current information from official sources before investing. Stock market investments carry risks including liquidity risk, volatility, and capital loss risk. Always do your own research and consider consulting with a qualified financial advisor before making investment decisions. Past performance is not indicative of future results.
Stovekraft has announced plans to significantly scale its retail footprint, targeting 500 exclusive stores by April 2027. The company recently crossed the milestone of 300+ standalone Pigeon business exclusive outlets.
🎯 Retail Expansion Strategy