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    Stove Kraft

    Bengaluru-based maker of Pigeon-brand pressure cookers, cooktops and small kitchen appliances, sold via 329 exclusive stores and 14-country exports.

    Consumer Durables
    Consumer Discretionary
    View STOVEKRAFT earnings calls
    ₹694.25
    +19.77% from avg

    Overview

    Price

    ₹694.25

    Market Cap

    ₹2.6k Cr

    Sector

    Consumer Durables

    Consumer Discretionary

    Rank

    5

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital2533333333333333
    Reserves-83270331370406438461471
    Borrowings338537819725634819662
    Other Liabilities192216286297401386452608
    Total Liabilities4725717288971.1k1.2k1.1k1.2k
    AssetsFixed Assets194221312402510627525583
    CWIP81991030236615
    Investments10000000
    Other Assets270331407486557554552576
    Total Assets4725717288971.1k1.2k1.1k1.2k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating1410103-576113130258
    Cash from Investing-11-18-65-115-104-89-79-109
    Cash from Financing22-2-229230-19-55-129
    SummaryCapital Expenditure
    Free Cash Flow3-1640-113-21849150
    FCF Margin

    Valuation

    Assumptions

    Current — STOVEKRAFT
    Price
    ₹694
    EPS (TTM)
    ₹12.68
    PE (TTM)
    54.8
    Profit growth
    5.5%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (48.4×) and current (54.8×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹694
    vs
    Fair value · 15% return
    ₹335
    52%Overvalued

    At 5.5% growth and a 48× exit, ₹694 only delivers your return if you pay ₹335. The price is currently baking in 20% growth.

    EPS grows 5.5%/yr for 5 years, then fades to 6% over 2, exits at 48×.

    YearGrowthEPS (₹)
    FY275.5%13.38
    FY285.5%14.11
    FY295.5%14.89
    FY305.5%15.71
    FY315.5%16.57
    FY325.8% ·fade17.53
    FY336.0% ·fade18.58

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Stove Kraft

    Guides on how to read this kind of business and the numbers that matter.