Stove Kraft targets FY27 growth above 15% as exports and IKEA business scale
Stove Kraft expects FY27 revenue growth to exceed 15%, with EBITDA margin improving beyond 11%. The cookware and appliances maker is targeting about ₹200 crore in exports, while IKEA revenue could reach ₹50 crore in FY27 and ₹250 crore over three years.
Stove Kraft expects FY27 revenue growth above 15%, supported by demand for induction cooktops, appliances and pressure cookers. It targets margin expansion beyond 11%, ₹200 crore of exports, and a rise in export mix to 15% as IKEA business scales.
Why this matters
The outlook extends Stove Kraft's recent momentum after Q1 FY27 revenue rose 41% and profit jumped 64%, while induction demand, IKEA business and Walmart-led exports were cited as growth drivers.
Retail-company signals are accelerating, up +202529% QoQ.