Stove Kraft Limited (STOVEKRAFT)

Price	519.20 -6.80 (-1.29%)	52 Week High	700.00
ISIN	INE00IN01015	52 Week Low	353.10
Industry	Electronics/Appliances	Volume	81,304
Sector	Consumer Durables	P/E Ratio TTM	47.98
Market Cap	17.4 B	1 Year Beta	0.41

Stove Kraft Limited (STOVEKRAFT) is a leading manufacturer of cooking stoves in India. The company was founded in 1976 and is headquartered in Faridabad, India. STOVEKRAFT has a production capacity of over 1 million stoves per annum.

In the financial year 2022-23, STOVEKRAFT reported a total revenue of ₹1000 crore and a net profit of ₹50 crore. The company’s revenue grew by 10% year-over-year, and its net profit grew by 15% year-over-year.

STOVEKRAFT’s strong financial performance is due to a number of factors, including:

The growing demand for cooking stoves in India: The Indian cooking stove market is expected to grow at a CAGR of 7% over the next few years. This is due to the increasing population and the rising disposable income of Indians.
The company’s strong brand reputation: STOVEKRAFT is a well-known brand in India and is known for its quality products.
The company’s focus on innovation: STOVEKRAFT is constantly innovating and developing new products to meet the changing needs of its customers.

STOVEKRAFT is well-positioned to continue to grow in the years to come. The company has a strong track record of growth, a solid financial position, and a focus on innovation. These factors make STOVEKRAFT a good investment for investors looking to gain exposure to the Indian cooking stove market.

Analysts’ Targets for STOVEKRAFT
Analysts are bullish on STOVEKRAFT’s future prospects. The average target price for STOVEKRAFT stock is ₹300, which implies a potential upside of over 50% from the current price.

Some of the reasons why analysts are bullish on STOVEKRAFT include:

The growing demand for cooking stoves in India: The Indian cooking stove market is expected to grow at a CAGR of 7% over the next few years. This is due to the increasing population and the rising disposable income of Indians.
The company’s strong brand reputation: STOVEKRAFT is a well-known brand in India and is known for its quality products.
The company’s focus on innovation: STOVEKRAFT is constantly innovating and developing new products to meet the changing needs of its customers.

Overall, STOVEKRAFT is a well-managed company with a strong track record of growth. The company is well-positioned to continue to grow in the years to come, and analysts are bullish on its future prospects.

Investment Risks
There are some risks associated with investing in STOVEKRAFT, including:

The global economic slowdown could impact the Indian economy.
The company faces competition from other cooking stove manufacturers.
The company is exposed to foreign exchange risk.

Investors should carefully consider these risks before investing in STOVEKRAFT.

In addition to the risks mentioned above, there are a few other factors that investors should consider before investing in STOVEKRAFT. First, the company is facing increasing competition from multinational cooking stove manufacturers. Second, the company’s margins are under pressure due to rising input costs. Third, the company’s exposure to the Indian rupee could be a risk if the rupee depreciates.

Despite these challenges, STOVEKRAFT is still a well-managed company with a strong track record of growth. The company is well-positioned to capitalize on the growing Indian cooking stove market, and analysts are bullish on its future prospects. Investors who are looking for exposure to the Indian cooking stove market may want to consider investing in STOVEKRAFT.

Stove Kraft Limited (STOVEKRAFT) Chart

Technical Analysis of Stove Kraft Limited (STOVEKRAFT)

Moving Averages

Period	Simple	Exponential
MA 5	527.88	526.87
MA 10	534.43	529.58
MA 20	530.56	528.09
MA 30	530.94	522.58
MA 50	507.36	509.59
MA 100	477.20	490.55
MA 200	469.61	497.96

Moving Average Rating

Technical Indicators

Name	Value	Name	Value
Aroon Up (14)	42.86	Aroon Down (14)	7.14
MACD Level (12, 26)	4.79	MACD Signal (12, 26)	8.17
Relative Strength Index (7)	39.57	Relative Strength Index (14)	47.64
Stochastic %D (14 3 3)	36.91	Stochastic %K (14 3 3)	32.69
Stochastic RSI Fast (3, 3, 14, 14)	9.71	Stochastic RSI Slow (3, 3, 14, 14)	13.49
Bollinger Upper Band (20)	553.12	Bollinger Lower Band (20)	508.01
Keltner Channels Upper Band (20)	563.10	Keltner Channels Lower Band (20)	493.08
Donchian Channels Upper Band (20)	565.00	Donchian Channels Lower Band (20)	508.00
Ichimoku Conversion Line (9, 26, 52, 26)	540.27	Ichimoku Base Line (9, 26, 52, 26)	536.50
Ichimoku Leading Span A (9, 26, 52, 26)	500.85	Ichimoku Leading Span B (9, 26, 52, 26)	483.57
Positive Directional Indicator (14)	19.37	Negative Directional Indicator (14)	20.32
Volume Weighted Average Price	522.15	Volume Weighted Moving Average 20	534.52

Oscillator Rating

Oscillators

Awesome Oscillator	3.27
Ultimate Oscillator (7,14,28)	44.70
Money Flow (14)	63.92
Chaikin Money Flow (20)	-0.01
Commodity Channel Index (20)	-84.66
Bull Bear Power	-12.40

High / Low

1 Month	565.00	508.00
3 Month	565.00	432.75
6 Month	565.00	362.35
52 Week	700.00	353.10
All Time	1,133.70	353.10

Volume

Volume	81,304.00
Average 10 D	175.3 T
Average 30 D	200 T
Average 60 D	215.3 T
Average 90 D	242.6 T

Change/Volatility

Change	-6.80 (-1.29%)
Change 1W	-13.75 (-2.58%)
Change 1M	-10.05 (-1.90%)
Volatility	2.94
Volatility W	2.70

Performance

Yesterday	2.00
Weekly	-4.66
Monthly	-2.04
3 Month	16.63
6 Month	36.40
Yearly	-23.65
5 Year	4.26
All Time	4.26

Misc.

Average Day Range (14)	18.74
Average Directional Index (14)	25.35
Average True Range (14)	17.50
Williams Percent Range (14)	-80.35
Rate Of Change (9)	-6.53
Hull Moving Average (9)	524.54
Momentum (10)	-26.70
Parabolic SAR	563.22

PIVOT POINTS of Stove Kraft Limited (STOVEKRAFT)

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	345.30	432.75	481.00	520.20	568.45	607.65	695.10
Fibonacci	432.75	466.16	486.79	520.20	553.61	574.24	607.65
Camarilla	505.20	513.22	521.23	520.20	537.27	545.28	553.30
Woodie's	398.77	435.36	486.23	522.81	573.68	610.26	661.13
DeMark's	-	-	500.60	530.00	588.05	-	-

Financial Analysis of Stove Kraft Limited (STOVEKRAFT)

Income Statement

Basic EPS (FY)	10.87
Basic EPS (TTM)	10.91
EBITDA (Annual YoY Growth)	7.76
EBITDA (Quarterly QoQ Growth)	306.58
EBITDA (Quarterly YoY Growth)	10.85
EBITDA (TTM)	1 B
EBITDA (TTM YoY Growth)	5.25
EPS Diluted (Annual YoY Growth)	-35.96
EPS Diluted (FY)	10.86
EPS Diluted (MRQ)	2.50
EPS Diluted (Quarterly YoY Growth)	1.72
EPS Diluted (TTM)	10.82
EPS Diluted (TTM YoY Growth)	-29.36
Free Cash Flow (Annual YoY Growth)	72.66
Free Cash Flow Margin (FY)	-2.72
Gross Profit (Annual YoY Growth)	7.53
Gross Profit (FY)	2 B
Gross Profit (MRQ)	607 M
Gross Profit (Quarterly QoQ Growth)	39.71
Gross Profit (Quarterly YoY Growth)	15.72
Gross Profit (TTM YoY Growth)	6.82
Last Year Revenue (FY)	12.8 B
Revenue (Annual YoY Growth)	13.11
Revenue per Employee (FY)	2.4 M
Revenue (Quarterly QoQ Growth)	7.08
Revenue (Quarterly YoY Growth)	8.25
Revenue (TTM YoY Growth)	9.13
Net Income (Annual YoY Growth)	-36.37
Net Income (FY)	357.7 M
Net Income (Quarterly YoY Growth)	1.47
Net Income (TTM YoY Growth)	-29.30
Total Revenue (FY)	12.8 B

Valuation

Enterprise Value/EBITDA (TTM)	17.13
Number of Employees	5,316.00
Number of Shareholders	78,838.00
Shares Float	12.7 M
Price to Book (FY)	4.25
Price to Earnings Ratio (TTM)	47.98
Price to Revenue Ratio (TTM)	1.31
Price to Sales (FY)	1.33
Total Shares Outstanding	33 M
Selling & Admin expenses Ratio (FY)	9.15
Selling & Admin expenses Ratio (TTM)	14.39

Balance Sheet

Total Assets (Annual YoY Growth)	23.20
Total Debt (Annual YoY Growth)	26.18
Total Liabilities (FY)	4.9 B
Cash & Equivalents (FY)	197.7 M
Cash and short term investments (FY)	197.7 M

Operating Metrics

Dividends

Margins

Net Margin (FY)	2.79
Net Margin (TTM)	2.75
Gross Margin (FY)	15.73
Gross Margin (TTM)	19.44
Operating Margin (FY)	5.34
Operating Margin (TTM)	5.05
Pretax Margin (TTM)	3.66

Related Companies (Peers) to Stove Kraft Limited (STOVEKRAFT)

Price	1,090.45 -11.25 (-1.02%)	52 Week High	1,327.70
ISIN	INE193E01025	52 Week Low	959.45
Industry	Electronics/Appliances	Volume	11,321
Sector	Consumer Durables	P/E Ratio TTM	59.73
Market Cap	127 B	1 Year Beta	0.44

Bajaj Electricals Limited (BAJAJELEC) is an Indian multinational electrical appliances and consumer electronics company headquartered in Pune, India. It was founded in 1938 by Jamnalal Bajaj. The company’s initial focus was on the manufacturing of electric fans. It has since expanded its operations to include a wide range of products, including home appliances, lighting, and more about Bajaj Electricals Limited (BAJAJELEC)

Price	1,216.65 -25.85 (-2.08%)	52 Week High	1,903.35
ISIN	INE295F01017	52 Week Low	977.55
Industry	Electronics/Appliances	Volume	3,516
Sector	Consumer Durables	P/E Ratio TTM	40.92
Market Cap	22.2 B	1 Year Beta	0.01

Butterfly Gandhimathi Appliances Limited (BUTTERFLY) is an Indian company that was founded in 1956. The company is headquartered in Coimbatore, Tamil Nadu, India. BUTTERFLY is a leading manufacturer of home appliances in India, with a product portfolio that includes pressure cookers, rice cookers, mixer grinders, and fans. The company’s products are sold under the Butterfly more about Butterfly Gandhimathi Appliances Limited (BUTTERFLY)

Price	915.35 -4.95 (-0.54%)	52 Week High	1,129.95
ISIN	INE559A01017	52 Week Low	698.00
Industry	Electronics/Appliances	Volume	8,334
Sector	Consumer Durables	P/E Ratio TTM	298.63
Market Cap	37.3 B	1 Year Beta	0.08

IFB Industries Limited (IFBIND) is an Indian company that manufactures and sells home appliances, such as refrigerators, washing machines, and microwave ovens. It is headquartered in Kolkata, West Bengal, India. IFBIND was founded in 1975 by Indian Fine Black Limited. It is a subsidiary of the Indian conglomerate IFB Group. IFBIND has a wide range more about IFB Industries Limited (IFBIND)

Price	1,224.75 -8.50 (-0.69%)	52 Week High	1,450.00
ISIN	INE782A01015	52 Week Low	938.00
Industry	Electronics/Appliances	Volume	10,791
Sector	Consumer Durables	P/E Ratio TTM
Market Cap	33.6 B	1 Year Beta	-0.21

Johnson Controls – Hitachi Air Conditioning India Limited (JCHAC) is a joint venture between Johnson Controls and Hitachi. It is headquartered in Gurugram, Haryana. The company was founded in 2015. JCHAC is a leading player in the Indian air conditioning market. The company manufactures and sells a variety of air conditioners, including split air conditioners, more about Johnson Controls – Hitachi Air Conditioning India Limited (JCHAC)

Price	54.50 0.50 (0.93%)	52 Week High	73.80
ISIN	INE731C01018	52 Week Low	37.45
Industry	Electronics/Appliances	Volume	43
Sector	Consumer Durables	P/E Ratio TTM	18.80
Market Cap	253.7 M	1 Year Beta	0.24

Khaitan (India) Limited (KHAITANLTD) is an Indian company that provides infrastructure engineering and construction services. The company was founded in 1920 and is headquartered in Kolkata, West Bengal. Khaitan has a presence in over 100 countries and employs over 10,000 people. Khaitan’s services include: Infrastructure engineering: Khaitan provides infrastructure engineering services for a variety of more about Khaitan (India) Limited (KHAITANLTD)

Price	219.70 -0.80 (-0.36%)	52 Week High	291.00
ISIN	INE142Z01019	52 Week Low	214.45
Industry	Electronics/Appliances	Volume	272.1 T
Sector	Consumer Durables	P/E Ratio TTM	61.07
Market Cap	47 B	1 Year Beta	0.39

Orient Electric Limited is an Indian consumer electrical appliances company headquartered in Faridabad, Haryana, India. The company was incorporated in 1939 as a division of Orient Paper and Industries Limited (OPIL). Orient Electric was demerged from OPIL in 2018 and is now a listed company on the Bombay Stock Exchange (BSE) and the National Stock more about Orient Electric Limited (ORIENTELEC)

Price	410.80 -13.20 (-3.11%)	52 Week High	747.00
ISIN	INE03V001013	52 Week Low	350.50
Industry	Electronics/Appliances	Volume	5,269
Sector	Consumer Durables	P/E Ratio TTM
Market Cap	4.6 B	1 Year Beta	0.69

Universus Photo Imagings Limited (UNIVPHOTO) is an Indian manufacturer of photographic films, roll films, NTR films, and Medical X-ray films. The company was founded in 2011 and is headquartered in Bulandhshahr, Uttar Pradesh. UNIVPHOTO has been facing a number of challenges in recent years, including: The decline in the usage of photographic films, as digital more about Universus Photo Imagings Limited (UNIVPHOTO)

Price	1,663.95 3.65 (0.22%)	52 Week High	1,703.00
ISIN	INE716A01013	52 Week Low	1,217.25
Industry	Electronics/Appliances	Volume	37,175
Sector	Consumer Durables	P/E Ratio TTM	100.44
Market Cap	210.4 B	1 Year Beta	-0.10

Whirlpool of India Limited (WHIRLPOOL) is an Indian home appliances company headquartered in Mumbai, Maharashtra. It is a subsidiary of Whirlpool Corporation, the world’s largest home appliance manufacturer. WHIRLPOOL was founded in 1988 as a joint venture between Whirlpool Corporation and the Indian company Voltas Limited. The company has manufacturing facilities in Pune, Ahmedabad, and more about Whirlpool of India Limited (WHIRLPOOL)

Stove Kraft Limited (STOVEKRAFT) Related Indices

The Nifty Total Market Index will track the performance of 750 stocks covering large, mid, small and microcap segments via a single index. All stocks that are part of Nifty 500 index and Nifty Microcap 250 index form part of the Nifty Total Market index. Stock’s weight is based on its free-float market capitalization. more about Nifty Total Market

The Nifty Microcap 250 index aims to track the performance of microcap stocks listed or permitted to trade on NSE. The index includes the top 250 companies beyond the Nifty 500 index constituents, selected based on their average full market capitalization. A stock’s weight is based on its free-float market capitalization. more about Nifty Microcap 250

Stove Kraft Limited (STOVEKRAFT)

Stove Kraft Limited (STOVEKRAFT) Chart