Quarterly Updates31 Jan 2026, 04:17 pm
Stove Kraft Ltd Reports Q3 & 9MFY26 Performance; Pigeon Records 9.7% CAGR for 3 Years
AI Summary
Stove Kraft Limited, a leading brand for home & kitchen appliances in India, reported its unaudited financial results for the quarter ended on 31st December 2025. The company recorded a 4.9% year-on-year growth in revenue from operations, with gross margins improving to 38.8%. The flagship brand Pigeon saw a CAGR of 9.7% YTD growth, reinforcing its pan-India presence. Despite a challenging market environment and muted demand in the consumer durables segment, the Company delivered resilient performance during the quarter, supported by a strong focus on execution and operational efficiency.
Key Highlights
- Revenue from Operations for 9MFY26 stood at INR 1,192.9 crore, reflecting a 4.9% year-on-year growth.
- Gross margins improved to 38.8% for Q3FY26.
- The flagship brand Pigeon recorded a CAGR of 9.7% YTD growth.
- The Company remains on track to achieve its objective of establishing 500 standalone Exclusive Pigeon Stores by CY 2027.
- The Company expanded its retail network, adding 17 new stores and increasing the total footprint to 313 outlets across 21 states and 138 cities.