Stove Kraft Limited Company Profile: Products, Promoters and Clients

Stove Kraft Limited Company Description:

Stovekraft has emerged as India's largest kitchen appliances brand, serving the needs of every homemaker in the country. Built on a pioneering spirit and a culture of innovation, our design philosophy is rooted in a futuristic vision and sustainable principles. We believe in innovation that connects people with food and design, offering a diverse portfolio of over 600 products and supported by a team of more than 3,700 professionals. With a widespread presence of over 61,000 dealers across India and a global reach spanning 12+ countries, Stovekraft is committed to transforming kitchens worldwide.

Finding multibagger stocks is important for building wealth. Discover potential multibaggers at Sovrenn Discovery

Q1. What are the Product and service offerings of Stove Kraft Limited?

Pigeon offers a diverse range of kitchen and home appliances, including pressure cookers, non-stick cookware, electric rice cookers, and induction cooktops. They also provide small appliances like mixer grinders, toasters, and air fryers, along with products such as water heaters and emergency lamps. Gilima specializes in LPG stoves, massage apparatus, and kitchen sinks, while Black+Decker focuses on small appliances such as food processors, coffee makers, and steam irons. Pigeon LED provides energy-efficient lighting solutions with LED bulbs and downlights. Each brand strives to meet varied consumer needs with quality and innovation in their respective product lines.

Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at Sovrenn Education  

Q2. Who are the Promoters/Management of Stove Kraft Limited?

Rajendra Gandhi holds 55.27% stake in the company.

Mr. Rajendra Gandhi, the Managing Director and founder of Stove Kraft, brings over 22 years of experience in building the brand into a leader in kitchen appliances in India. As an entrepreneur, he remains actively engaged in the company's operations, fostering a culture of innovation that defines Stove Kraft's success.

Q3. Who are the Clients of Stove Kraft Limited?

The Revenue Breakup as of FY24 stands as following:

Pressure Cookers:23%

LED:4%

Mixers/Small Appliances/Other: 32%

Nonstick Cookware:21%

Gas Cooktop:8%

Induction Cooktop:13%

Also Read: Britannia Industries Limited Company Profile: Products, Promoters and Clients

Written By: Khush Kothari