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Stove Kraft Limited
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Registered Details

STOVE KRAFT LIMITED

Active

Updated: 05 Nov 2024

The company engages in manufacturing and retail sale of kitchen and home appliances primarily under the Pigeon and Gilma brands in India.

Stove Kraft Limited, is an unlisted public company incorporated on 28 June, 1999. It is classified as a public limited company and is located in Ramanagar Dist, Karnataka. It's authorized share capital is INR 40.00 cr and the total paid-up capital is INR 33.05 cr.

Industry

Manufacturing (Machinery & Equipments)

Products

emergency lamps, and downlight LED lights, chairs, pressure cookers, sinks, water heaters, and other essentials; and bulb, chimneys, electric rice cookers, water bottles and flasks, hobs, gas and induction cooktops, batten, mixer grinders, stainless steel cooktops, ladders and cloth dryers, non-stick cookware

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales

6.27%

₹ 1,364.3

EBITDA

20.01%

₹ 118.8

Net Profit

-4.57%

₹ 34.1

Networth

8.88%

₹ 439.2

Borrowings

13.22%

₹ 145.8

Assets

22.22%

₹ 1,096.9

Gross Margin

4.19

36.9 %

Operating Margin

1.0

8.7 %

Net Profit Margin

-0.29

2.5 %

Return on Equity

-1.1

7.8 %

ROCE

-2.35

13.3 %

Debt to Equity

0.01

0.3

Sales

Mar 2024

Net worth

Mar 2024

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Locations

India (1)

State	Type	Address

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Tofler Score

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Risk

Severe Risk

No risks identified

Moderate Risk

PAYABLES DETERIORATING
LOW CASH BALANCE

Low Risk

NET MARGIN DETERIORATING
ROCE DETERIORATING

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Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

Peers / Similar Companies

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Financial Highlights

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	669.9	859.0	1,136.4	1,283.8	1,364.3
Operating profit	33.8	112.8	94.8	99.0	118.8
Net profit	2.8	81.2	56.2	35.8	34.1
Gross margin	34.0	35.0	31.9	32.8	36.9
Operating margin	5.0	13.1	8.3	7.7	8.7
Net margin	0.4	9.4	5.0	2.8	2.5
Networth	-58.7	302.7	364.0	403.4	439.2
Borrowings	326.9	50.5	78.4	128.8	145.8
Assets	472.0	571.0	728.5	897.5	1,096.9
Debt to equity	-5.6	0.2	0.2	0.3	0.3
Current ratio	0.8	1.4	1.2	1.0	1.0
ROE	-	26.8	15.4	8.9	7.8
Days payable	125.0	115.0	60.0	75.0	111.0
WC days	-26.0	39.0	16.0	5.0	-5.0

Margins

Gross margin

Operating margin

Net margin

Balance Sheet

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	24.7	32.6	32.9	33.0	33.1
Reserves	-83.4	270.1	331.1	370.3	406.2
Borrowings +	326.9	50.5	78.4	128.8	145.8
Long term borrowings	204.8	20.7	15.3	10.0	4.9
Short term borrowings	122.1	29.8	63.1	118.8	140.9
Trade payables +	151.5	176.6	127.4	177.5	260.6
Days payable	125.0	115.0	60.0	75.0	111.0
Other liabilities +	203.8	217.8	286.1	365.3	511.9
Other non-current liabilities	17.1	24.3	25.2	66.0	122.8
Other current liabilities	35.2	16.9	133.5	121.9	128.5
Total liabilities	472.0	571.0	728.5	897.5	1,096.9
Fixed Assets +	201.3	240.0	321.6	411.7	539.8
Tangible assets	193.4	217.7	309.4	362.4	507.1
CWIP	7.6	19.1	9.2	45.1	29.6
Intangible assets	0.3	3.2	3.0	4.2	3.1
LT loans and advances	-	-	-	-	-
Other non-current assets	10.2	15.5	32.3	50.5	46.2
Current assets +	260.5	315.6	374.6	435.3	510.9
Inventories	116.6	156.0	217.4	243.3	320.3
Trade receivables	103.0	84.7	96.7	140.9	146.3
Cash and cash equivalents	14.4	29.5	0.4	2.5	7.1
ST loans and advances	0.4	0.5	-	-	-
Other current assets	26.2	44.9	60.1	48.5	37.2
Total assets	472.0	571.0	728.5	897.5	1,096.9

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	5.24	5.71	4.51	3.68	3.01
Reserves	-17.67	47.3	45.46	41.26	37.03
Borrowings +	69.25	8.84	10.76	14.35	13.29
Long term borrowings	43.39	3.62	2.09	1.12	0.45
Short term borrowings	25.86	5.22	8.66	13.23	12.85
Trade payables	32.1	30.93	17.49	19.77	23.76
Other liabilities +	43.18	38.15	39.27	40.71	46.67
Other non-current liabilities	3.62	4.26	3.46	7.35	11.19
Other current liabilities	7.46	2.96	18.33	13.58	11.71
Total liabilities
Fixed Assets +	42.64	42.03	44.14	45.87	49.21
Tangible assets	40.97	38.13	42.47	40.38	46.23
CWIP	1.6	3.34	1.27	5.03	2.7
Intangible assets	0.06	0.55	0.41	0.46	0.28
LT loans and advances	0.0	0.0	0.0	0.0	0.0
Other non-current assets	2.16	2.71	4.43	5.63	4.21
Current assets +	55.2	55.27	51.43	48.5	46.58
Inventories	24.7	27.32	29.85	27.11	29.2
Trade receivables	21.83	14.84	13.27	15.69	13.34
Cash and cash equivalents	3.05	5.16	0.06	0.28	0.65
ST loans and advances	0.07	0.09	0.01	0.0	0.0
Other current assets	5.55	7.86	8.25	5.41	3.39
Total assets

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021
Equity Capital	18.9	18.9	24.7	24.7	32.6
Reserves	20.8	-197.3	-87.1	-84.4	268.9
Borrowings +	92.9	392.3	310.0	326.9	50.5
Long term borrowings	14.8	311.3	210.0	204.8	20.7
Short term borrowings	78.1	81.0	99.9	122.1	29.8
Trade payables +	109.7	145.2	134.1	151.2	176.6
Days payable	116.0	150.0	112.0	125.0	115.0
Other liabilities +	154.2	181.3	179.5	204.4	217.8
Other non-current liabilities	20.1	18.2	14.2	17.1	24.3
Other current liabilities	24.3	17.9	31.2	36.1	16.9
Total liabilities	286.8	395.1	427.1	471.6	569.7
Fixed Assets +	124.4	184.8	182.3	201.0	238.7
Tangible assets	117.3	180.6	178.7	192.9	216.5
CWIP	-	0.6	1.7	7.8	19.1
Intangible assets	7.0	3.6	1.8	0.3	3.2
LT loans and advances	9.6	-	-	-	-
Other non-current assets	1.1	12.0	11.6	9.3	15.5
Current assets +	151.7	198.3	233.3	261.2	315.6
Inventories	71.9	105.1	97.4	116.6	156.0
Trade receivables	59.5	79.6	89.7	103.0	84.7
Cash and cash equivalents	3.7	0.4	28.5	15.0	29.5
ST loans and advances	16.6	0.3	0.5	0.4	0.5
Other current assets	-	12.9	17.2	26.2	44.9
Total assets	286.8	395.1	427.1	471.6	569.7

Percentage of assets	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021
Equity Capital	6.59	4.78	5.79	5.24	5.72
Reserves	7.24	-49.95	-20.4	-17.9	47.19
Borrowings +	32.4	99.28	72.58	69.32	8.86
Long term borrowings	5.16	78.79	49.18	43.44	3.63
Short term borrowings	27.24	20.49	23.4	25.88	5.23
Trade payables	38.27	36.74	31.4	32.06	31.0
Other liabilities +	53.78	45.88	42.03	43.34	38.23
Other non-current liabilities	7.03	4.62	3.33	3.63	4.27
Other current liabilities	8.48	4.52	7.3	7.65	2.97
Total liabilities
Fixed Assets +	43.38	46.78	42.68	42.63	41.9
Tangible assets	40.91	45.72	41.85	40.9	37.99
CWIP	0.03	0.15	0.41	1.66	3.35
Intangible assets	2.45	0.91	0.43	0.06	0.56
LT loans and advances	3.33	0.0	0.0	0.0	0.0
Other non-current assets	0.38	3.03	2.7	1.98	2.71
Current assets +	52.9	50.19	54.62	55.39	55.39
Inventories	25.06	26.61	22.81	24.73	27.38
Trade receivables	20.76	20.14	20.99	21.85	14.87
Cash and cash equivalents	1.28	0.1	6.68	3.18	5.17
ST loans and advances	5.79	0.09	0.11	0.07	0.09
Other current assets	0.02	3.25	4.03	5.56	7.87
Total assets

Total assets

Profit & Loss

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	669.9	859.0	1,136.4	1,283.8	1,364.3
Sales growth %	4.51	28.23	32.3	12.98	6.27
Expenses +	669.1	779.2	1,072.3	1,233.1	1,318.8
Cost of goods	441.9	558.2	773.4	863.4	860.4
Employee cost	82.0	80.6	112.4	142.9	166.6
Other costs	112.2	107.3	155.7	178.5	218.6
Operating profit +	33.8	112.8	94.8	99.0	118.8
Operating margin %	5.0	13.1	8.3	7.7	8.7
Other income	2.1	1.5	-1.6	-3.5	-
Interest	20.9	18.8	11.0	16.5	24.0
Depreciation	12.1	14.2	19.7	31.7	49.3
Exceptional items	-	-	-	-	-
Profit before tax	2.8	81.2	62.5	47.3	45.6
Tax	-	-	6.3	11.5	11.4
Profit - disc. ops	-	-	-	-	-
Net profit	2.8	81.2	56.2	35.8	34.1
Net margin %	0.4	9.4	5.0	2.8	2.5

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	99.68	99.83	100.14	100.27	100.0
Expenses +	99.58	90.56	94.49	96.31	96.66
Cost of goods	65.76	64.88	68.15	67.44	63.06
Employee cost	12.2	9.37	9.9	11.16	12.21
Other costs	16.7	12.47	13.72	13.94	16.02
Operating profit	5.02	13.11	8.36	7.73	8.71
Other income	0.32	0.17	-0.14	-0.27	0.0
Interest	3.11	2.19	0.97	1.29	1.76
Depreciation	1.81	1.65	1.74	2.47	3.61
Exceptional items	0.0	0.0	0.0	0.0	0.0
Profit before tax	0.42	9.44	5.51	3.69	3.34
Tax	0.0	0.0	0.56	0.9	0.84
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	0.42	9.44	4.95	2.79	2.5

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021
Sales +	510.5	529.0	640.9	669.9	859.0
Sales growth %	None	3.61	21.17	4.51	28.23
Expenses +	511.9	547.9	641.5	669.4	779.0
Cost of goods	346.2	353.5	438.7	441.9	558.2
Employee cost	51.5	59.1	69.8	82.0	80.6
Other costs	87.4	106.3	102.7	112.2	107.1
Operating profit +	25.4	10.0	29.8	33.8	113.0
Operating margin %	5.0	1.9	4.7	5.0	13.2
Other income	2.8	5.6	1.7	3.1	1.5
Interest	15.0	16.9	17.9	20.9	18.8
Depreciation	11.8	12.0	12.4	12.4	14.3
Exceptional items	-	-	-	-	-
Profit before tax	1.4	-13.3	1.1	3.5	81.5
Tax	0.3	-0.5	0.5	0.4	-
Profit - disc. ops	-	-	-	-	-
Net profit	1.1	-12.8	0.6	3.2	81.5
Net margin %	0.2	-2.4	0.1	0.5	9.5

Precentage of total income	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021
Sales	99.46	98.95	99.74	99.55	99.82
Expenses +	99.73	102.49	99.83	99.47	90.53
Cost of goods	67.44	66.14	68.26	65.66	64.87
Employee cost	10.03	11.05	10.86	12.19	9.37
Other costs	17.04	19.89	15.98	16.67	12.44
Operating profit	4.94	1.87	4.64	5.02	13.14
Other income	0.54	1.05	0.26	0.45	0.18
Interest	2.91	3.17	2.79	3.11	2.19
Depreciation	2.3	2.24	1.94	1.84	1.66
Exceptional items	0.0	0.0	0.0	0.0	0.0
Profit before tax	0.27	-2.49	0.17	0.53	9.47
Tax	0.05	-0.1	0.08	0.05	0.0
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	0.22	-2.39	0.1	0.47	9.47

Revenue from operations

Ratios

Standalone

Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	-5.6	0.2	0.2	0.3	0.3
Net Debt/Equity	-5.3	0.1	0.2	0.3	0.3
Total Debt/Assets	0.7	0.1	0.1	0.1	0.1
Total Assets/Equity	-8.0	1.9	2.0	2.2	2.5
Liquidity +
Current Ratio	0.8	1.4	1.2	1.0	1.0
Quick Ratio	0.5	0.7	0.5	0.5	0.4
Interest Coverage	1.6	6.0	8.6	6.0	4.9
Performance
Gross Margin	34.0	35.0	31.9	32.8	36.9
Operating Margin	5.0	13.1	8.3	7.7	8.7
Net Margin	0.4	9.4	5.0	2.8	2.5
Return +
Return on Equity	-	26.8	15.4	8.9	7.8
Pre-tax ROCE	14.1	29.7	20.2	15.7	13.3
Return on Assets	0.6	14.2	7.7	4.0	3.1
Pre-tax ROIC	8.5	30.4	17.0	12.7	12.0
Efficiency +
Days Payable	125.0	115.0	60.0	75.0	111.0
Days Inventory	96.0	102.0	103.0	103.0	136.0
Days Receivable	56.0	36.0	31.0	40.0	39.0
Fixed Asset Turnover	3.3	3.6	3.5	3.1	2.5
Total Asset Turnover	1.4	1.5	1.6	1.4	1.2
Working Capital
Cash Conversion Cycle	27.0	23.0	74.0	68.0	64.0
Working Capital Days	-26.0	39.0	16.0	5.0	-5.0

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021
Solvency +
Total Debt/Equity	2.3	-2.2	-5.0	-5.5	0.2
Net Debt/Equity	2.2	-2.2	-4.5	-5.2	0.1
Total Debt/Assets	0.3	1.0	0.7	0.7	0.1
Total Assets/Equity	7.2	-2.2	-6.8	-7.9	1.9
Liquidity +
Current Ratio	0.7	0.8	0.9	0.8	1.4
Quick Ratio	0.4	0.4	0.5	0.5	0.7
Interest Coverage	1.7	0.6	1.7	1.6	6.0
Performance
Gross Margin	32.2	33.2	31.6	34.0	35.0
Operating Margin	5.0	1.9	4.7	5.0	13.2
Net Margin	0.2	-2.4	0.1	0.5	9.5
Return +
Return on Equity	2.9	-	-	-	27.0
Pre-tax ROCE	21.2	-1.4	11.6	14.0	29.8
Return on Assets	0.4	-3.2	0.1	0.7	14.3
Pre-tax ROIC	10.5	-0.9	7.9	8.5	30.6
Efficiency +
Days Payable	116.0	150.0	112.0	125.0	115.0
Days Inventory	76.0	109.0	81.0	96.0	102.0
Days Receivable	43.0	55.0	51.0	56.0	36.0
Fixed Asset Turnover	4.1	2.9	3.5	3.3	3.6
Total Asset Turnover	1.8	1.3	1.5	1.4	1.5
Working Capital
Cash Conversion Cycle	3.0	14.0	20.0	27.0	23.0
Working Capital Days	-43.0	-32.0	-18.0	-26.0	39.0

Ratios

Current ratio

Debt/equity ratio

Charges on assets

As per information available, the company has no registered charges.

People

Designation	Name	DIN/PAN	Tenure
Director	Anup Shah Sanmukh Shareholder	00317300	3 years
Managing Director	Rajendra Gandhi Shareholder	01646143	26 years
Director	Sunita Rajendra Gandhi Shareholder	01676100	2 years
Director	Avinash Gupta	02783217	2 years
Director	Natrajan Ramkrishna	06597041	2 years
Director	Neha Gandhi Shareholder	07623685	9 years
Director	Shuba Rao Mayya	08193276	7 years
CS	Shrinivas Praneshacharya Harapanahalli	<HIDDEN>	2 years
Kmp	Rama Krishna Pendyala	<HIDDEN>	2 years

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Registered Details

CIN

L29301KA1999PLC025387

PAN

AADSC9958B

Incorporation

1999, 25.8 years

Company Email

cs@stovekraft.com

Paid up Capital

₹ 33.1 Cr

Authorised Capital

₹ 40.0 Cr

AGM

Sep 2024

Type

Public

Non-government Company

FAQ - STOVE KRAFT LIMITED

What is the incorporation date of STOVE KRAFT LIMITED?

The incorporation date of STOVE KRAFT LIMITED is 28 June, 1999

What is the authorized share capital of STOVE KRAFT LIMITED?

The authorized share capital of STOVE KRAFT LIMITED is INR ₹ 40.0 Cr.

What is the paid-up capital of STOVE KRAFT LIMITED?

The paid-up capital of STOVE KRAFT LIMITED is INR ₹ 33.1 Cr.

What is the registered address of STOVE KRAFT LIMITED?

The registered address of STOVE KRAFT LIMITED is 81/1, MEDAMARANA HALLI VILLAGE HAROHALLI HOBLI, KANAKAPURA TALUK NA RAMANAGAR DIST Karnataka - 562112

What is the CIN number of STOVE KRAFT LIMITED?

The CIN number of STOVE KRAFT LIMITED is L29301KA1999PLC025387.

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Tupperware India Private Limited

Financial Highlights

Margins

Balance Sheet

Total assets

Profit & Loss

Revenue from operations

Ratios

Ratios

Charges on assets

People

Company Network