Stove Kraft Ltd - 543260 - Annual General Meeting Of The Company Scheduled To Be Held On 26 August 2023, Cut-Off Date And E-Voting.
Annual General Meeting of the Company scheduled to be held on 26 August 2023., cut-off date and E-voting.01-08-2023
01-08-2023
Stove Kraft Ltd - 543260 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio Recording of Earnings call31-07-2023
Stove Kraft Ltd - 543260 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor presentation31-07-2023
Stove Kraft Ltd - 543260 - Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
Revised investor release31-07-2023
Q1FY24 Quarterly Result Announced for Stove Kraft Ltd.
Houseware company Stove Kraft announced Q1FY24 results: Revenues of Rs 297.7 crore in Q1FY24 compared to Rs 275.1 crore in Q1FY23, up 8.2% YoY Gross Profit of Rs 109.9 crore in Q1FY24 compared to Rs 90.5 crore in Q1FY23, up 21.4% YoY Gross Profit % at 36.9% in Q1FY24 compared to Rs 32.9% in Q1FY23 EBITDA of Rs 23.4 crore in Q1FY24 compared to Rs 21.60 crore in Q1FY23, up 8.7% YoY Profit for the year stands at Rs 7.7 crore in Q1FY24 compared to Rs 8.1 crore in Q1FY23, down 4.4% YoY PAT % at 2.6% in Q1FY24 compared to 2.9% in Q1FY23 Comments on Q1FY24 Results by Rajendra Gandhi, Managing Director: "First quarter of FY24 was in-line with our expectation in terms of revenue & profitability growth. As the nature of our business is seasonal the first and last quarters are smaller than the second and third quarters. We witnessed revenue and gross profit growth of 8.2% & 21.4% respectively despite muted demand. We have seen significant growth in small appliances on both YoY & QoQ basis. General trade, E-Commerce, retail & modern retail have experienced growth. I’m excited to announce the Company is consistently adding company-owned and company-operated retail stores for the Pigeon brand. During the quarter, we successfully added 25 additional stores in South India taking the total count to 77 stores till 30 Jun 23, and 90% of the stores achieve operational break-even, in an average period of 3 months post opening. As we move ahead in 2023, we remain committed to continuing our growth trajectory by bringing valued products to our customers. We have improved our offering by bringing indigenous manufactured products like stainless steel bottles, kettles & electric rice cookers along with established air fryers from our Bangalore Unit which will lead us to the next leg of growth & create long-term value for all our stakeholders. The Leadership team of 7 (seven) CXOs are in place who are fully committed to the sustainable growth and value creation for our stakeholders." Result PDF31-07-2023
Stove Kraft Ltd - 543260 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper publication of unaudited Financial results for the period ended June 30,2023.31-07-2023
Stove Kraft Ltd - 543260 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper advertisement for updation of email Ids for receiving AGM notice.31-07-2023
Stove Kraft shares trade 3% higher on strong earnings in Q1
Stove Kraft's Net Profit for the quarter under review increased by 1.4 percent YoY (year-on-year) to Rs 8.20 crore. Sequentially, this is an improvement as compared to a loss of Rs 6 crore reported in Q4FY23.31-07-2023
Stove Kraft Ltd - 543260 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release dated 29th July 202329-07-2023
Stove Kraft Ltd - 543260 - Intimation Under Regulation 30(6) - Reappointment Of Mrs. Shuba Rao Mayya As Independent Director And Changes In Senior Management Personnel
Re-appointment of Independent Director and Change in Senior Management Personnel29-07-2023