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Stove Kraft Ltd
NSE: STOVEKRAFT BSE: 543260
ā¹664.50
(6.16%)
Thu, 18 Jun 2026, 11:24 pm
Market Cap (in Cr)2071.86
PE Ratio52.38
Dividend0.48
Consumer Durables
Electronics/Appliances
24.5KCompany History
1999
- The Company was incorporated as Stove Kraft Private Limited.
- Commenced its business.
2001
- Granted trademark registrations for the brand Gilma.
2003
- Granted trademark registrations for the brand Pigeon.
2004
- Commenced manufacturing at the Baddi unit.
2008
- SIDBI purchased 100 Equity Shares in the Company.
- Received factory license for commencing operations for the Unit I at the Bengaluru Facility.
2010
- Investment into the Company by SCI.
- Recorded total revenues of more than Rs. 3,000 million.
2011
- Recorded total revenues of more than Rs. 5,000 million.
- Implemented SAP Business One at the manufacturing facilities.
2013
- Bought and installed Roller Coating Line and Finishing Lines machine at the Bengaluru Facility.
- Investment into the Company by SCI and SCI-GIH.
2014
- Commenced exports to a retailer in the USA.
- Received factory license for commencing operations for the unit II of the Bengaluru Facility.
2015
- Certificate of registration of design was granted for the product Pressure cooker.
2016
- Implementation of quality management system in accordance with ISO 9001:2008.
- Entered into licensing agreement with Stanley Black & Decker, Inc. and The Black and Decker Corporation.
- Acquisition of manufacturing unit from Saya Industries.
2017
- Best fill rate accreditation received from Flipkart for the Pigeon products list on Flipkartās Big Billion Day.
2018
- Achieved sales of 9.1 million total units in Fiscal 2018.
- The Company was converted into a public limited company.
- The name of the Company was changed from Stove Kraft Private Limited to Stove Kraft Limited.
2019
- Commenced the manufacture of Pigeon LED products at the Bengaluru facility.
- Commenced the manufacture of inner lid cookers in the Baddi facility.
2020
- Commenced the manufacture of infrared thermometers, floor mops, handy vegetable choppers and trading of pulse oximeters.
2021
- The Company launched new Home and Kitchen appliances products for Onam festival.
2022
- Company Expanded reach by launching the Pigeon Exclusive Store Concept.
2023
- Stovekraft inaugurated Retail division and opened 100th Store.
2024
- Excellence in Retail was recognized with the Retailer of the Year award by the Asia Retail Congress.