Stove Kraft reports record Q1FY27 revenue of ₹480.6 crore on 315.9% induction cooktop sales jump
Stove Kraft reported record Q1FY27 results with revenue up 41.3% YoY and PAT up 63.5%, driven by a 315.9% surge in induction cooktop sales and broad-based channel expansion. Margin expansion to 39.6% and higher EBITDA indicate operating leverage and improved efficiency despite input-cost pressure. The update may support near-term risk appetite toward the company's listed exposure, though market-wide spillovers appear limited.
AI Insight · ON/USDTAI Insight
▲ Bullish
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Stove Kraft Limited said Q1FY27 revenue rose 41.3% year on year to ₹480.6 crore, while net profit climbed 63.5% to ₹17.1 crore. EBITDA increased 50.9% to ₹53.8 crore as induction cooktop (ICT) sales surged 315.9% and the company expanded across general trade and retail channels. Gross margin improved to 39.6%, pointing to stronger operating efficiency. The quarter marked the company’s highest-ever quarterly revenue and is linked to its listed entity’s legacy asset ONUS.