Buy Stove Kraft; target of Rs 714: YES Securities
YES Securities is bullish on Stove Kraft has recommended buy rating on the stock with a target price of Rs 714 in its research report dated February 02, 2023.06-02-2023
06-02-2023
Stove Kraft Ltd - 543260 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
In compliance with Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we wish to inform that Antique stock broking Conference Call of analysts and institutional investors on Monday, February 06, 2023 at 10:00 A.M. IST at Mumbai .06-02-2023
Stove Kraft Ltd - 543260 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the copy of newspaper publication of Un-Audited Financial results for the Quarter and Nine Months ended December 31, 2022 published in the following newspapers: 1. Vijay Karnataka (Regional Newspaper) on February 03,2023 2. The Business Line (National Newspaper) on February 03,202304-02-2023
Q3FY23 Quarterly Result Announced for Stove Kraft Ltd.
Houseware company Stove Kraft announced Q3FY23 results: Q3FY23: Revenue from operations Rs 324.5 crores up +8.9 % Gross margin Rs 108.6 crores up +15.1 % EBITDA Rs 26.4 crores up +23.0% Commenting on the Results, Mr. Rajendra Gandhi, Managing Director said, "I’m pleased to report the company has achieved Rs 1,000 crores revenue milestone within 9MFY23, with another quarter of consistent performance wherein top-line grew by 9%, largely driven by volume uptick. While the quarter encountered a slowdown in overall consumer demand, the company managed to grow faster than the industry. This growth was consistent in the south and non-south markets. The prices of key raw materials continue to remain steady which is also reflected in our gross margins. Gross Margins have improved from 31.7% in Q3FY22 to 33.5% in Q3FY23. EBITDA margin for the quarter stood at 8.1%. 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 have successfully added 12 additional stores in Bengaluru taking the total count to 31 stores till 31-Dec-22 with new stores opened in AP, Telangana markets." Result PDF03-02-2023
Stove Kraft Ltd - 543260 - Results-Delay in Financial Results
Unaudited Financial Results for the quarter and nine months ended 31st December 2022 and Outcome of the Board Meeting held on 2nd February 2023.03-02-2023
Stove Kraft Ltd - 543260 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio/Video Recording of Earnings call dated 2nd February,202302-02-2023
Stove Kraft Ltd - 543260 - Appointment of Company Secretary and Compliance Officer
Regulation 30(6) - Intimation of appointment of Company Secretary and Compliance Officer02-02-2023
Stove Kraft Ltd - 543260 - Announcement under Regulation 30 (LODR)-Change in Directorate
Regulation 30(6) - Intimation of Change in Directorate and appointment of Company Secretary and Compliance Officer.02-02-2023
Stove Kraft Ltd - 543260 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
We are enclosing herewith Investor Release dated 2nd February, 2023 Kindly take the same on the record02-02-2023
Stove Kraft Ltd - 543260 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation for Conference Call - Regulation 30(6).02-02-2023