STOVE KRAFT LIMITED

During the Q1 FY27 earnings conference call held on August 4, 2026, management reported a record first quarter performance for Stove Kraft Limited, with a revenue growth of 41.3% year-on-year, reaching INR 480.6 crores. This growth was attributed to strong demand across various product categories, particularly a 315.9% increase in Induction Cooktops, which contributed 27% to total revenues. Management highlighted the positive impact of strategic initiatives, including distribution expansion and product innovation, which have improved the quality of growth. EBITDA increased by 50.9% year-on-year, with margins improving to 11.2%. Management expressed confidence in sustaining growth momentum, particularly with upcoming festive seasons and a focus on premiumization. They also noted a significant increase in general trade sales, which grew by 56.2% year-on-year. The call concluded with management emphasizing their commitment to innovation and market expansion.

Management highlighted strong growth and positive strategic initiatives.