Stove Kraft Limited (STOVEKRAFT) — Financial Results(3 announcements)

Stove Kraft Limited announced approval of audited financial results for Q4 and FY ended March 31, 2026, recommending a final dividend of ₹3.50 per share (35% of face value), reappointing PwC as auditor for five years, and amending its ESOP plan to increase the pool to 1,025,000 options. CFO Ramakrishna Pendyala resigned effective May 15, 2026, with Subhadeep Pal appointed as successor effective May 16, 2026. The record date for dividend is September 4, 2026, with the AGM scheduled for September 11, 2026, and trading window reopening on May 15, 2026.

Stove Kraft Limited announced its FY2026 audited financial results on May 12, 2026, recommending a final dividend of Rs 3.50 per share (35% payout) and reappointing Price Waterhouse as auditors for a second term until the 32nd AGM. The Board accepted CFO Ramakrishna Pendyala's resignation effective May 15, 2026, and appointed Subhadeep Pal as his successor effective May 16, 2026. An ESOP plan amendment increased the option pool from 813,000 to 1,025,000 shares, subject to shareholder approval at the upcoming AGM on September 11, 2026. Record date for dividend entitlement is September 4, 2026, with trading window reopening on May 15, 2026.

Stove Kraft Limited reported robust Q4 FY26 results with revenue growing 32.4% YoY to ₹414.5 crores and PAT surging 317.8% YoY to ₹6.1 crores, driven by strong demand in induction cooktops and non-stick cookware. Gross profit rose to ₹160.2 crores, while EBITDA increased 33.9% to ₹39.5 crores, reflecting improved operational leverage and margin expansion. The company highlighted accelerating consumer shift toward electrical cooking solutions amid elevated LPG prices, with induction cooktops seeing nearly fourfold e-commerce growth. Expansion of retail presence across 13 new cities and 16 new stores strengthened distribution, supporting the narrative of scalable growth in high-margin product categories.