Stove Kraft bets on induction, cooking appliances for FY27 growth above 15%
Bengaluru-based Stove Kraft is tripling capacity and leaning on induction cooktops, cooking appliances, and a new IKEA supply tie-up to drive FY27 revenue growth above 15%. EBITDA margins seen above 11%; exports to rise to 12-13% from 9%, with replacement demand cited as a key tailwind.
Stove Kraft expects induction cooktops and cooking appliances to drive FY27 growth above 15%, backed by tripled capacity, replacement demand, and a new supply tie-up with IKEA. EBITDA margins seen above 11%; exports rising to 12-13%.