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Stove Kraft

CSell / Avoid
STOVEKRAFT · NSE · Small Cap · Modern Trade — Specialty
Modern Trade — Specialty
Fetching live…
720
1D -0.5%1M -2.5%1Y -22%
Fundamental (RQ-100)
42
Technical (TQ-100)
36
Valuation
36
Market cap
₹2.8K Cr
Live decision ratingDSell / Avoid
Fundamental score breakdown
42/100
Growth Quality
8.6 / 20
Rev 1Y 6.0%, 3Y CAGR 4.0%, 5Y CAGR 12.0%
Margin & Profitability
3.1 / 15
EBITDA 8.0%, PAT 1.5%
Return on Capital
6.0 / 20
ROCE 9.0%, ROE 5.0%
Cash Flow Quality
4.0 / 15
OCF/EBITDA 0.50
Leverage
6.0 / 10
ND/EBITDA 1.80
Reinvestment
6.0 / 8
Capex/Sales 4.0%
Accounting
4.0 / 7
Governance
4.0 / 5
Technical score breakdown
36/100
Trend Structure
8.0 / 20
↓ 200 · ↓ 50 · ↓ 20
Momentum
3.0 / 15
1Y -22.0%, 1M -2.5%
Volume Dynamics
8.0 / 15
Vol30 —%
Relative Strength
2.0 / 15
1Y -22.0%
MA Cluster
5.0 / 10
Extension
5.0 / 10
—% from 50DMA
Volatility
4.0 / 8
Price Action
1.0 / 7
-100.0% from 52W H

Business

What this company actually does

Kitchen appliances under Pigeon, Gilma brands.

Stores
Dark stores
Cities
Listed status
Listed

Format exposure

How direct is this play?

Primary formatModern Trade — Specialty
Exposure typeMeaningful
Revenue visibilityLow
Operating leverage stageInvestment
Policy beneficiaryNone
Data confidenceMedium

Financial snapshot

Live · green dot = live, falls back to curated

Revenue
₹1.4K Cr
Rev 1Y growth
6%
Rev 3Y CAGR
4%
EBITDA margin
8.0%
PAT margin
1.5%
ROE
5%
ROCE
9%
OCF/EBITDA
0.50
Net Debt/EBITDA
1.8

Financial statements

Multi-year P&L, balance sheet, cash flow — scraped live from Screener.in

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Valuation

Live multiples + retail-specific (curated)

P/E
95
Forward P/E
81
EV/EBITDA
32
EV/Sales
2.6
P/B
4.0
FCF Yield
1.9%

Mid-range valuation. Watch incremental ROCE.

Investment thesis

AI-generated · always cite sources before acting

Bull
Long-runway TAM with structural tailwinds.
Base
Earnings growth of ~4% over the next 3 years assuming margins hold. Multiple compression risk if growth slows; multiple expansion possible if Modern Trade — Specialty GMV outperforms.
Bear
Capital efficiency below cost of capital. Format-level risk: regulation, gig-cess, or competitive pressure compress contribution margin.
Variant perception
Consensus views Stove Kraft as a challenged player. Our differentiated take: the current multiple already prices in mid-cycle outcomes.
Key monitorables
  • Quarterly EBITDA margin trajectory
  • Revenue growth vs management guidance
  • Capex vs store/dark-store adds
  • Promoter holding and ESOP dilution