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Stove Kraft bets on induction, cooking appliances for FY27 growth above 15%
Our read
Tripling capacity ahead of >15% FY27 growth requires disciplined ramp execution and SKU mix shift toward induction and cooking appliances to defend the 11%+ EBITDA margin guide.
The report,
Stove Kraft expects induction cooktops and cooking appliances to drive FY27 growth above 15%, backed by tripled capacity, replacement demand, and a new supply tie-up with IKEA. EBITDA margins seen above 11%; exports rising to 12-13%.
Reported figures
From the report. Source details below
| exports to rise to 12-13% from | 9% |
|---|---|
| market cap | ₹2,184.26 crore |
Also in the report
- ~30% sales from cooking appliances
Other figures
- stock ₹659.95
Why it matters to operators
The IKEA supply partnership and export scale-up signal Stove Kraft is positioning as an outsourced manufacturing platform, opening adjacent OEM and private-label deal pathways in small appliances.
The source
First seen