Stove Kraft Ltd. · NSE:STOVEKRAFT
Stove Kraft — Q3 FY2023 Earnings Presentation
17 slides from Stove Kraft's earnings presentation, Feb 2, 2023
Slide 1: Cover letter to stock exchanges for conference call presentation
2nd February 2023 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block, Dalal Street, Bandra-Kurla Complex Mumbai- 400 001 Bandra (E), Mumbai - 400 051 Scrip Code: 543260 NSE Symbol: STOVEKRAFT Dear Sir/Madam, Sub: Investor Presentation f
Slide 2: Stove Kraft Limited Q3 & 9MFY23 Investor Presentation
STOVE KRAFT LIMITED Q3 & 9MFY23 INVESTOR PRESENTATION
Slide 3: Safe Harbor
Safe Harbor This presentation has been prepared by and is the sole responsibility of Stove Kraft Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation or induce
Slide 4: Q3 & 9MFY23 Financial Performance
“ ” The only way to do great work is to love what you do - Steve Jobs Q3 & 9MFY23 FINANCIAL PERFORMANCE 3
Slide 5: Q3FY23 Performance (Y-o-Y)
Q3FY23 Performance (Y-o-Y) Q3FY23 Q3FY23 Q3FY23 Revenues Gross Profit EBITDA INR 324.5 crores INR 108.6 crores INR 26.4 crores +8.9 % y-o-y +15.1% Y-o-Y +23.0% Y-o-Y No. of Outlets Revenue Breakup: Q3 FY23 1,21,765 23.1% 33.5% 15.367 6.5% Pressure Cookers LED Induction Cooktop 1,06,398 13.7% Gas Coo
Slide 6: 9MFY23 Performance (Y-o-Y)
9MFY23 Performance (Y-o-Y) 9MFY23 9MFY23 9MFY23 Revenues Gross Profit EBITDA INR 1005.8 INR 331.0 crores INR 95.9 crores crores +16.3% Y-o-Y +10.1% Y-o-Y +14.9% Y-o-Y No. of Outlets Revenue Breakup: 9M FY23 1,21,765 21.7% 29.6% 42,540 6.5% Pressure Cookers LED 12.1% Induction Cooktop 79,225 Gas Cook
Slide 7: Profit & Loss Statement – Q3 & 9M FY23
Profit & Loss Statement – Q3 & 9M FY23 Profit & Loss Statement (Rs. Crs.) Q3 FY23 Q3 FY22 Y-o-Y 9MFY23 9MFY22 Y-o-Y Revenue from Operations 324.5 298.0 8.9% 1,005.8 875.0 14.9% Cost of Materials Consumed 222.3 246.5 681.5 643.9 Changes in Inventories of Finished Goods and Work in -6.4 -42.9 -6.7 -53
Slide 8: About Stove Kraft Limited
“ ” Success is walking from failure to failure with no loss of enthusiasm - Winston Churchill ABOUT STOVE KRAFT LIMITED
Slide 9: Key Milestones
Key Milestones Granted trademark Investments by SIDBI Commenced exports to Achieved sales of 9.1 IPO with listing on registrations for Gilma Commenced production at retailers in the USA million units NSE and BSE Harohalli facility 2001 2008 2014 2018 2021 1999 2003 2010 2015 2019 Incorporated Stove
Slide 10: Diverse range of products across consumer preferences
Diverse range of products across consumer preferences… Cookware–Pressure cooker, wonder cast cookware, non-stick cookware, electric rice cookers and titanium hard anodized LPG Stoves Small appliances – Food cookware processors, juicers, hand LED bulbs Massage apparatus blenders, hand mixers, mini Co
Slide 11: State of the Art Manufacturing Facilities with focus on quality
State of the Art Manufacturing Facilities with focus on quality Baddi, Himachal Pradesh Comprising of 13 personnel and tie-ups Dedicated in-house with foreign companies for technology R&D facility enablement Focus on quality is Sourcing of raw materials ISO 9001:2015 certified maintained at all Prod
Slide 12: Professional Management
Professional Management Mr. Rajendra Gandhi, Managing Director Mr. A.S. Balaji, Chief Financial Officer • Chartered Accountant and Cost Accountant over a decade of rich experience in finance, business • Founder of Stove Kraft with over 21 years of experience excellence, process automation & • Entrep
Slide 13: Backed by Experienced Board
Backed by Experienced Board Ms. Shubha Rao Mayya, Independent Director • Holds a bachelor’s degree in commerce from the University of Mumbai and is a chartered accountant with the Institute of Chartered Accountants of India • Prior experience includes ICICI Limited, ICICI Prudential Life Insurance C
Slide 14: Shift in Consumption Patterns and Favourable Governments Policies
Shift in Consumption Patterns and Favourable Governments Policies Indian Consumer Appliance Market expected to grow @CAGR of ~9% Key Growth Drivers (INR Bn) Indian Appliance and Kitchen Appliances Market Consumer Electronics (ACE) Market LCA SCA Non Stick Cookware 01 Moving towards Aspirational Life
Slide 15: Indian Large & Small Cooking Appliance Market
Indian Large & Small Cooking Appliance Market Increasing Market for Large Cooking Appliances (LAC) Increasing Trend by Sub Segments – Value (INR Billion) Large Cooking Appliances 8 21,761 7 52 18,313 19,955 6 45 15,453 16,817 6 39 14,209 5 34 53 202 5 29 46 SKL is the market 179 25 34 39 159 30 lead
Slide 16: Non-Stick Cookware and Indian Household Utility Products
Non – Stick Cookware and Indian Household Utility Products Increasing Market for Non-Stick Cookware Types of Non-Stick Cookware Used (%) in 2020 11,389 16.8% 74.1% 10,367 67.0% 9,437 9.9% 8,590 56.2% 7,819 7,117 35.1% 21.0 18.0 6.4% 13.2 15.4 1.9% 1.3% 9.7 11.3 Frying Pan Cookware Appachetty Kadai O
Slide 17: Thank You
Thank You Investor Relations Advisors : CIN: L29301KA1999PLC025387 Contact Person: Mr. Irfan Raeen Mr. Ashish Chovatia Email Address: +91 99300 44680 +91 97737 78669 Mr. Shrinivas P H - Company Secretary cs@stovekraft.com irfan.raeen@linkintime.co.in ashish.chovatia@linkintime.co.in