Stove Kraft Ltd. · NSE:STOVEKRAFT
Stove Kraft — Q2 FY2023 Earnings Presentation
19 slides from Stove Kraft's earnings presentation, Nov 8, 2022
Slide 1: Exchange filing letter for Q2FY23 investor presentation
November 08,2022 To, 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 Presentatio
Slide 2: Stove Kraft Limited Q2 & H1FY23 Investor Presentation
STOVE KRAFT LIMITED Q2 & H1FY23 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: Q2 & H1FY23 Financial Performance
“ ” The only way to do great work is to love what you do - Steve Jobs Q2 & H1FY23 FINANCIAL PERFORMANCE 3
Slide 5: Q2FY23 Performance (Y-o-Y)
Q2FY23 Performance (Y-o-Y) Q2FY23 Q2FY23 Q2FY23 Q2FY23 Revenues Gross Profit EBITDA^ PAT INR 406.2 crores INR 131.9 crores INR 47.0 crores INR 25.9 crores +11.9% y-o-y +12.9% Y-o-Y +9.2% Y-o-Y +13.0% Y-o-Y No. of Outlets Revenue Breakup: Q2 FY23 96,398 25.4% 29.7% 6,605 5.9% Pressure Cookers LED 89,
Slide 6: H1FY23 Performance (Y-o-Y)
H1FY23 Performance (Y-o-Y) H1FY23 H1FY23 H1FY23 H1FY23 Revenues Gross Profit EBITDA^ PAT INR 681.3 crores INR 222.4 crores INR 69.4 crores INR 34.0 crores +18.1% Y-o-Y +16.9% Y-o-Y +5.8% Y-o-Y -6.8% Y-o-Y No. of Outlets Revenue Breakup: H1 FY23 96,398 23.7% 27.6% 17,173 6.5% Pressure Cookers LED 79,
Slide 7: Profit & Loss Statement – Q2 & H1 FY23
Profit & Loss Statement – Q2 & H1 FY23 Profit & Loss Statement (Rs. Crs.) Q2 FY23 Q2 FY22 Y-o-Y Q1FY23 Q-o-Q H1FY23 H1FY22 Y-o-Y Revenue from Operations 406.2 362.8 11.9% 275.1 47.7% 681.3 577.0 18.1% Cost of Materials Consumed 215.2 217.4 169.8 385.0 346.5 Changes in Inventories of Finished Goods a
Slide 8: Balance Sheet as on 30th Sep 2022
Balance Sheet as on 30th Sep 2022 Equity and Liabilities (Rs. Crs.) 30-Sep-22 31-Mar-22 Assets (Rs. Crs.) 30-Sep-22 31-Mar-22 Equity share capital 32.9 32.9 Property, plant and equipment 337.6 309.4 Other equity 366.6 331.1 Capital work-in-progress 4.3 9.2 Total Equity 399.4 364.0 Intangible Assets
Slide 9: Cash Flow Statement
Cash Flow Statement Cash Flow Statement (Rs. Crs.) Sep-22 Sep-21 Cash Flow from Operating Activities Profit before Tax 45.1 45.6 Adjustment for Non-Operating Items (25.3) (20.5) Operating Profit before Working Capital Changes 70.4 66.0 Changes in Working Capital (7.6) (29.8) Cash Generated from Oper
Slide 10: About Stove Kraft Limited
“ ” Success is walking from failure to failure with no loss of enthusiasm - Winston Churchill ABOUT STOVE KRAFT LIMITED
Slide 11: 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 12: 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 13: 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 14: Professional Management
Professional Management Mr. Rajendra Gandhi, Managing Director Mr. Rajiv Mehta, Chief Executive Officer Mr. A.S. Balaji, Chief Financial Officer • Founder of Stove Kraft with over • Independent director on the • Chartered Accountant and Cost 21 years of experience Accountant over a decade of rich bo
Slide 15: Backed by Experienced Board
Backed by Experienced Board Ms. Shubha Rao Mayya, Independent Director Mr. Rajendra Gandhi, Managing Director • Holds a bachelor’s degree in commerce from the University of Mumbai and is a • Founder of Stove Kraft with over 21 years of experience chartered accountant with the Institute of Chartered
Slide 16: 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 17: 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 18: 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 19: 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 A.S. Balaji- Chief Financial Officer cs@stovekraft.com irfan.raeen@linkintime.co.in ashish.chovatia@linkintime.co.in