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Stove Kraft Limited
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STOVE KRAFT LIMITED

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Karnataka ›

Manufacturing of Machinery ›

STOVE KRAFT LIMITED

Active

Updated: 04 Jul 2025

The company engages in manufacturing and retail sale of kitchen and home appliances primarily under the Pigeon and Gilma brands in India.

Stove Kraft Limited, is an unlisted public company incorporated on 28 June, 1999. It is classified as a public limited company and is located in , . It's authorized share capital is INR 40.00 cr and the total paid-up capital is INR 33.08 cr.

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Industry and products

Manufacturing (Machinery & Equipments)

pressure cookers, chimneys, water bottles and flasks, chairs, non-stick cookware, and other essentials; and bulb, and downlight LED lights, electric rice cookers, hobs, mixer grinders, ladders and cloth dryers, sinks, gas and induction cooktops, emergency lamps, water heaters, batten, stainless steel cooktops

Company size

Auth Capital

₹ 40.0 Cr

Paidup Capital

₹ 33.1 Cr

Revenue

₹ 1250-1500 cr

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue

6.56%

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EBITDA

20.01%

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Net Profit

-4.57%

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Networth

8.88%

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Borrowings

13.22%

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Assets

22.22%

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Gross Margin

4.19

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Operating Margin

1.0

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Net Profit Margin

-0.29

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Return on Equity

-1.1

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ROCE

-2.35

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Debt to Equity

0.01

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Sales

Mar 2024

Net worth

Mar 2024

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Locations

India (1)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Managing Director	Rajendra Gandhi Shareholder	01646143	26 years
Director	Neha Gandhi Shareholder	07623685	9 years
Director	Shuba Rao Mayya	08193276	7 years
Director	Anup Shah Sanmukh Shareholder	00317300	4 years
Director	Sunita Rajendra Gandhi Shareholder	01676100	2 years
Director	Avinash Gupta	02783217	2 years
Director	Natrajan Ramkrishna	06597041	2 years

Financial Highlights

Financials upto March 2024 available in Tofler Pro

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
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Margins

Gross margin

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Net margin

Balance Sheet

Standalone

Consolidated

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Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
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	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021
Equity Capital	18.9	18.9	24.7	24.7	32.6
Reserves	20.8	-197.3	-87.1	-84.4	268.9
Borrowings +	92.9	392.3	310.0	326.9	50.5
Long term borrowings	14.8	311.3	210.0	204.8	20.7
Short term borrowings	78.1	81.0	99.9	122.1	29.8
Trade payables +	109.7	145.2	134.1	151.2	176.6
Days payable	116.0	150.0	112.0	125.0	115.0
Other liabilities +	154.2	181.3	179.5	204.4	217.8
Other non-current liabilities	20.1	18.2	14.2	17.1	24.3
Other current liabilities	24.3	17.9	31.2	36.1	16.9
Total liabilities	286.8	395.1	427.1	471.6	569.7
Fixed Assets +	124.4	184.8	182.3	201.0	238.7
Tangible assets	117.3	180.6	178.7	192.9	216.5
CWIP	-	0.6	1.7	7.8	19.1
Intangible assets	7.0	3.6	1.8	0.3	3.2
LT loans and advances	9.6	-	-	-	-
Other non-current assets	1.1	12.0	11.6	9.3	15.5
Current assets +	151.7	198.3	233.3	261.2	315.6
Inventories	71.9	105.1	97.4	116.6	156.0
Trade receivables	59.5	79.6	89.7	103.0	84.7
Cash and cash equivalents	3.7	0.4	28.5	15.0	29.5
ST loans and advances	16.6	0.3	0.5	0.4	0.5
Other current assets	-	12.9	17.2	26.2	44.9
Total assets	286.8	395.1	427.1	471.6	569.7

Percentage of assets	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021
Equity Capital	6.59	4.78	5.79	5.24	5.72
Reserves	7.24	-49.95	-20.4	-17.9	47.19
Borrowings +	32.4	99.28	72.58	69.32	8.86
Long term borrowings	5.16	78.79	49.18	43.44	3.63
Short term borrowings	27.24	20.49	23.4	25.88	5.23
Trade payables	38.27	36.74	31.4	32.06	31.0
Other liabilities +	53.78	45.88	42.03	43.34	38.23
Other non-current liabilities	7.03	4.62	3.33	3.63	4.27
Other current liabilities	8.48	4.52	7.3	7.65	2.97
Total liabilities
Fixed Assets +	43.38	46.78	42.68	42.63	41.9
Tangible assets	40.91	45.72	41.85	40.9	37.99
CWIP	0.03	0.15	0.41	1.66	3.35
Intangible assets	2.45	0.91	0.43	0.06	0.56
LT loans and advances	3.33	0.0	0.0	0.0	0.0
Other non-current assets	0.38	3.03	2.7	1.98	2.71
Current assets +	52.9	50.19	54.62	55.39	55.39
Inventories	25.06	26.61	22.81	24.73	27.38
Trade receivables	20.76	20.14	20.99	21.85	14.87
Cash and cash equivalents	1.28	0.1	6.68	3.18	5.17
ST loans and advances	5.79	0.09	0.11	0.07	0.09
Other current assets	0.02	3.25	4.03	5.56	7.87
Total assets

Total assets

Charges on assets

Bank wise

Charges

ICICI Bank Limited

No. of Loans: 1

Total Amount : 145.0 cr

Axis Bank Limited

No. of Loans: 1

Total Amount : 60.0 cr

HDFC Bank Limited

No. of Loans: 2

Total Amount : 49.6 cr

DBS BANK INDIA LIMITED

No. of Loans: 1

Total Amount : 35.0 cr

Standard Chartered Bank

No. of Loans: 1

Total Amount : 0.1 cr

Charge Holder	Amount	Date of creation/modification
ICICI Bank Limited	145.0 cr	08 Apr, 2025
HDFC Bank Limited	30.0 cr	20 Mar, 2025
Standard Chartered Bank	0.1 cr	16 Sep, 2024
Axis Bank Limited	60.0 cr	06 Mar, 2024
DBS BANK INDIA LIMITED	35.0 cr	11 Dec, 2023
HDFC Bank Limited	19.6 cr	24 Mar, 2021

Charges

ICICI Bank Limited

Axis Bank Limited

HDFC Bank Limited

DBS BANK INDIA LIMITED

Others

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
WELSPUN ONE PRIVATE LIMITED	Active	32.4 Cr	1	Maharashtra
PROVIDENT HOUSING LIMITED	Active	8.0 Cr	1	Karnataka
BRIGADE HOTEL VENTURES LIMITED	Active	281.4 Cr	1	Karnataka
PURAVANKARA LIMITED	Active	118.6 Cr	1
PIGEON APPLIANCES PRIVATE LIMITED	Active	2.0 L	1	Karnataka
DUN & BRADSTREET INFORMATION SERVICES INDIA PRIVATE LIMITED	Active	1.8 Cr	1
JUPITER WAGONS LIMITED	Amalgamated	6.1 Cr	1
KEVENTER AGRO LTD.	Active	21.1 Cr	1
TRANSPORT CORPORATION OF INDIA LIMITED	Active	15.3 Cr	1
JUPITER ALLOYS AND STEEL (INDIA) LTD	Amalgamated	4.3 Cr	1
JUPITER WAGONS LIMITED	Active	424.5 Cr	1
MAAM EMPLOYEES TRUSTEE PRIVATE LIMITED	Active	1.0 L	1	Haryana
MAAM ADVISOR LLP	Active	26.6 Cr	1	Maharashtra
INDIA1 PAYMENTS LIMITED	Active	16.2 Cr	1	Karnataka
VASTU HOUSING FINANCE CORPORATION LIMITED	Active	687.5 Cr	1	Maharashtra
SOLAR DEFENCE AND AEROSPACE LIMITED	Active	4.8 Cr	1
SOLAR INDUSTRIES INDIA LIMITED	Active	18.1 Cr	1
CUREFOODS INDIA LIMITED	Active	9.6 Cr	1
DTDC EXPRESS LIMITED	Active	28.6 Cr	1
LE TRAVENUES TECHNOLOGY LIMITED	Active	37.5 Cr	1	Haryana
CONFIRM TICKET ONLINE SOLUTIONS PRIVATE LIMITED	Amalgamated	13.8 L	1	Haryana
HAPPIEST MINDS TECHNOLOGIES LIMITED	Active	30.5 Cr	1	Karnataka
ACE DESIGNERS LIMITED	Active	18.4 Cr	1
ACE MANUFACTURING SYSTEMS LIMITED	Amalgamated	76.4 L	1
LE TRAVENUES TECHNOLOGY LIMITED	Active	39.0 Cr	1

Tofler Score

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Risk

Severe Risk

No risks identified

Moderate Risk

No risks identified

Low Risk

No risks identified

About Tofler Score

Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

Peers / Similar Companies

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Registered Details

CIN

L29301KA1999PLC025387

PAN

AADSC9958B

Incorporation

1999, 26.0 years

Company Email

cs@stovekraft.com

Paid up Capital

₹ 33.1 Cr

Authorised Capital

₹ 40.0 Cr

AGM

Sep 2024

Type

Public

Others

FAQ - STOVE KRAFT LIMITED

What is the incorporation date of STOVE KRAFT LIMITED?

The incorporation date of STOVE KRAFT LIMITED is 28 June, 1999

What is the authorized share capital of STOVE KRAFT LIMITED?

The authorized share capital of STOVE KRAFT LIMITED is INR ₹ 40.0 Cr.

What is the paid-up capital of STOVE KRAFT LIMITED?

The paid-up capital of STOVE KRAFT LIMITED is INR ₹ 33.1 Cr.

What is the registered address of STOVE KRAFT LIMITED?

The registered address of STOVE KRAFT LIMITED is 81/1, MEDAMARANA HALLI VILLAGE HAROHALLI HOBLI, KANAKAPURA TALUK, RAMANAGAR DIST, Karnataka, India, 562112 - 562112

What is the CIN number of STOVE KRAFT LIMITED?

The CIN number of STOVE KRAFT LIMITED is L29301KA1999PLC025387.

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