Stovekraft Listed
Stovekraft Limited (NSE: STOVEKRAFT, BSE: 543260) is a Bengaluru-based manufacturer of kitchen appliances and cookware founded by Rajendra Gandhi. It sells value-tier products under the Pigeon brand, semi-premium products under Gilma, and is the exclusive Indian partner for BLACK + DECKER kitchen appliances. The company began manufacturing kerosene wick stoves in 1994 and was formally incorporated as Stove Kraft Limited…
Valuation
Returns
Per share
Growth · year on year
Ownership
Price and ratios are compiled from the exchange and third-party market data, cached and refreshed through the day — they are not Atlas facts and are not investment advice. Where a ratio is computed on more than one basis (for example standalone versus trailing-twelve-month), each is shown separately rather than averaged into a single number.
How this score is calculated
| Measure | Value | Scores | Source |
|---|---|---|---|
| P/E What the market pays for each rupee of earnings. Lower is cheaper — but a low P/E can also mean the market expects earnings to fall. |
55.26 | 25/100 | Market data |
| P/B Price against book value. Most meaningful for banks and asset-heavy businesses; software and consumer brands trade high here for good reasons. |
5.16 | 25/100 | Market data |
| ROE Return on equity — profit generated per rupee of shareholder capital. Sustained high ROE is the clearest single marker of a good business. |
8.63 | 25/100 | Market data |
| ROCE Return on capital employed — the same idea including debt, so it is harder to flatter with leverage. |
13.46 | 50/100 | Market data |
| Profit growth Year-on-year growth in profit. Weighted above sales growth because profitable growth is the harder thing to do. |
9.05 | 50/100 | Market data |
| Sales growth Year-on-year growth in revenue. |
10.87 | 50/100 | Market data |
| Promoter holding How much of the company its founders and controlling group still own. Higher usually means their money moves with yours. |
55.79 | 100/100 | Market data |
The Atlas Score is our own arithmetic on the published figures above — nothing is hidden and nothing is bought in. It weighs quality and growth at 30% each, valuation at 25% and ownership at 15%, scoring each measure against fixed bands. Growth blends third-party market data with the fiscal-year figures we file and cite ourselves, so a company we have researched more deeply scores on richer evidence. A measure we could not fetch is left out of the average rather than counted as a zero. It is a summary of the numbers, not a recommendation, not a price target, and not advice about your circumstances.
Stovekraft: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 25 Jan 2021 | IPO | ₹95 Cr fresh issue (₹412.62 Cr total IPO) | source | |
| 2013 ~ | Private Equity | ₹120 Cr | Sequoia Capital India | source |
| 2010 ~ | Private Equity | $10.7 Mn (~₹50 Cr) | Sequoia Capital India | source |
| 2007 ~ | Private Equity | Undisclosed | SIDBI Venture Capital | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 2 Jan 2022 | Stovekraft | SKAVA Electric | ₹4 Cr | source |
News on Stovekraft
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Who founded Stovekraft?
Stovekraft was founded by Rajendra Gandhi in 1999.
How much funding has Stovekraft raised?
Stovekraft has raised $44.19 Mn across 4 tracked funding round(s), most recently on 2021-01-25. Figures are compiled from cited public sources.
Who are the investors in Stovekraft?
Investors in Stovekraft include Sequoia Capital India.
What does Stovekraft do?
Stovekraft Limited (NSE: STOVEKRAFT, BSE: 543260) is a Bengaluru-based manufacturer of kitchen appliances and cookware founded by Rajendra Gandhi. It sells value-tier products under the Pigeon brand, semi-premium products under Gilma, and is the exclusive Indian partner for BLACK + DECKER kitchen appliances. The company…
Where is Stovekraft headquartered?
Stovekraft is headquartered in Bengaluru, Karnataka, India.
What is Stovekraft's business model?
Stovekraft's core value proposition centers on Multi-tier kitchen appliance brand portfolio, In-house, backward-integrated manufacturing.
How does Stovekraft make money?
Stovekraft's cited revenue streams include Revenue concentration in top two customers, Contract manufacturing revenue from IKEA, Store-based retail generates the bulk of sales volume.