Investor Presentation
STOVEKRAFT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Stove Kraft reported strong Q4 FY26 results with revenue of Rs 414.5 crore (up 32.4% YoY) and PAT of Rs 6.1 crore (up 317.8% YoY). Full year FY26 revenue stood at Rs 1,607.4 crore (up 10.9% YoY) with PAT of Rs 42 crore (up 9.1% YoY). The company achieved significant debt reduction with net debt (excluding lease) falling from Rs 1,929.18 crore in Q4 FY24 to Rs 273.8 crore in Q4 FY26, and further reduced to Rs 27.4 crore by Q4 FY26 quarter-end. Induction cooktops emerged as a star performer with 89.4% YoY value growth in Q4 and 23.9% for full year. The Pigeon retail store network expanded to 329 stores across 151 cities. Gross margins remained stable at 38.7% while EBITDA margins held at 10.3% despite Rs 8.37 crore forex losses for the year.
The aggressive debt reduction significantly strengthens the balance sheet and reduces financial risk, potentially improving investor sentiment. Strong Q4 momentum with 32% revenue growth and the expanding retail footprint signal solid execution. However, low PAT margin of 2.6% and forex headwinds warrant monitoring.