Stove Kraft Limited — Quarter and year ended March 31, 2026
| S. No. | Particulars | For the Quarter ended March 31, 2026 (Unaudited) Refer Note 5 | For the Quarter ended December 31, 2025 (Unaudited) | For the Quarter ended March 31, 2025 (Unaudited) Refer Note 5 | For the Year ended March 31, 2026 (Audited) | For the Year ended March 31, 2025 (Audited) |
|---|---|---|---|---|---|---|
| 1 | Income | |||||
| (a) Revenue from operations | 4,145.23 | 3,783.74 | 3,129.92 | 16,074.24 | 14,498.17 | |
| (b) Other income | 12.67 | 5.83 | 4.79 | 30.30 | 20.57 | |
| (c) Other gains / (losses) – net | (69.34) | (24.84) | 8.26 | (114.07) | (16.66) | |
| Total income (a+b+c) | 4,088.56 | 3,764.73 | 3,142.97 | 15,990.47 | 14,502.08 | |
| 2 | Expenses | |||||
| (a) Cost of materials consumed | 2,388.07 | 2,042.46 | 1,737.38 | 9,023.84 | 8,312.03 | |
| (b) Purchase of stock-in-trade | 232.21 | 176.56 | 202.47 | 746.45 | 928.41 | |
| (c) Changes in inventories of finished goods, stock-in-trade and work-in-progress | (76.91) | 72.54 | (17.78) | 78.46 | (266.73) | |
| (d) Employee benefits expense | 495.50 | 467.73 | 390.40 | 1,884.66 | 1,718.55 | |
| (e) Finance costs | 77.01 | 61.09 | 90.26 | 272.43 | 310.39 | |
| (f) Depreciation and amortization expense | 210.09 | 208.63 | 206.47 | 795.32 | 712.35 | |
| (g) Allowance for expected credit loss / impairment of financial assets | (13.69) | 15.11 | 8.43 | 14.08 | 35.78 | |
| (h) Other expenses | 725.52 | 666.51 | 514.46 | 2,665.40 | 2,263.42 | |
| Total expenses (a+b+c+d+e+f+g+h) | 4,037.80 | 3,710.63 | 3,132.09 | 15,480.64 | 14,014.20 | |
| 3 | Profit before tax (1-2) | 50.76 | 54.10 | 10.88 | 509.83 | 487.88 |
| 4 | Income tax expense/(credit): | |||||
| (i) Current tax expense/(credit) | (2.21) | 14.83 | 13.04 | 116.09 | 109.87 | |
| (ii) Deferred tax expense/(credit) | (7.54) | (2.19) | (16.64) | (26.17) | (7.04) | |
| Net tax expense/(credit) (i+ii) | (9.75) | 12.64 | (3.60) | 89.92 | 102.83 | |
| 5 | Profit for the period/year (3-4) | 60.51 | 41.46 | 14.48 | 419.91 | 385.05 |
| 6 | Other comprehensive income/(loss) | |||||
| Items that will not be reclassified to profit or loss | ||||||
| Remeasurements of the defined benefit plans – gains/(losses) (net) | 3.45 | (0.20) | (11.56) | 3.42 | (2.90) | |
| Income tax impact relating to above | (0.87) | 0.05 | 2.91 | (0.86) | 0.73 | |
| Total other comprehensive income/(loss) for the period/year | 2.58 | (0.15) | (8.65) | 2.56 | (2.17) | |
| 7 | Total comprehensive income for the period/year (5+6) | 63.09 | 41.31 | 5.83 | 422.47 | 382.88 |
| 8 | Paid-up Equity Share Capital (Face Value of Rs. 10 per Equity share) | 331.07 | 331.07 | 330.76 | 331.07 | 330.76 |
| 9 | Reserves excluding revaluation reserves | – | – | – | 4,711.35 | 4,377.59 |
| 10 | Earnings per share (Refer Note 6) | |||||
| Basic (in Rs.) (Face value of Rs. 10 each)* | 1.83 | 1.25 | 0.44 | 12.69 | 11.65 | |
| Diluted (in Rs.) (Face value of Rs. 10 each)* | 1.83 | 1.25 | 0.44 | 12.69 | 11.64 |
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| Assets | ||
| Non-current assets | ||
| Property, plant and equipment | 5,189.62 | 4,585.03 |
| Capital work-in-progress | 148.24 | 226.33 |
| Right-of-use assets | 624.05 | 1,597.08 |
| Goodwill | – | – |
| Other intangible assets | 16.01 | 89.82 |
| Financial assets | ||
| i. Investments | – | – |
| ii. Other financial assets | 108.44 | 73.90 |
| Current tax assets (net) | 36.42 | 23.99 |
| Deferred tax assets (net) | 57.60 | 32.29 |
| Other non-current assets | 160.42 | 220.74 |
| Total non-current assets | 6,340.80 | 6,849.18 |
| Current assets | ||
| Inventories | 3,600.12 | 3,609.62 |
| Financial assets | ||
| i. Trade receivables | 1,149.59 | 1,314.36 |
| ii. Cash and cash equivalents | 219.52 | 27.64 |
| iii. Bank balances other than cash and cash equivalents above | 84.97 | 67.41 |
| iv. Loans | 0.40 | 0.07 |
| v. Other financial assets | 19.76 | 17.07 |
| Other current assets | 326.45 | 154.45 |
| Total current assets | 5,400.81 | 5,190.62 |
| Total assets | 11,741.61 | 12,039.80 |
| Equity and liabilities | ||
| Equity | ||
| i. Equity share capital | 331.07 | 330.76 |
| ii. Other equity | 4,711.35 | 4,377.59 |
| Total equity | 5,042.42 | 4,708.35 |
| Liabilities | ||
| Non-current liabilities | ||
| Financial liabilities | ||
| i. Borrowings | 15.81 | – |
| ii. Lease liabilities | 353.15 | 1,518.79 |
| iii. Suppliers credit | – | 87.77 |
| iv. Other financial liabilities | 617.70 | 80.93 |
| Other non-current liabilities | 4.86 | – |
| Provisions | 153.45 | 80.60 |
| Total non-current liabilities | 1,144.97 | 1,768.09 |
| Current liabilities | ||
| Financial liabilities | ||
| i. Borrowings | 8.36 | 1,795.39 |
| ii. Lease liabilities | 242.22 | 161.13 |
| iii. Suppliers credit | 551.48 | 148.99 |
| iv. Trade payables | ||
| a) total outstanding dues of micro enterprises and small enterprises | 226.10 | 101.67 |
| b) total outstanding dues of creditors other than micro enterprises and small enterprises | 3,360.99 | 2,517.90 |
| v. Other financial liabilities | ||
| a) total outstanding dues of micro enterprises and small enterprises | 27.27 | 6.71 |
| b) total outstanding dues to other than micro enterprises and small enterprises | 627.87 | 359.68 |
| Other current liabilities | 418.63 | 348.47 |
| Provisions | 91.30 | 123.42 |
| Total current liabilities | 5,554.22 | 5,563.36 |
| Total liabilities | 6,699.19 | 7,331.45 |
| Total equity and liabilities | 11,741.61 | 12,039.80 |
| Particulars | For the year ended March 31, 2026 (Audited) | For the year ended March 31, 2025 (Audited) |
|---|---|---|
| Cash flow from operating activities | ||
| Profit before tax | 509.83 | 487.88 |
| Adjustments for: | ||
| – Depreciation and amortisation expense | 795.32 | 712.35 |
| – Allowance for expected credit loss / impairment of financial assets | 14.08 | 35.78 |
| – Provision for bad and doubtful non financial assets | 3.76 | 3.42 |
| – Interest from banks on deposits | (4.41) | (4.65) |
| – Unwinding of discount on security deposits | (7.51) | (6.47) |
| – Net (gain)/loss on mark-to-market of forward exchange contracts | 21.66 | (4.73) |
| – (Profit)/loss on disposal of property, plant and equipment and other intangible assets (net) | (5.84) | 13.60 |
| – Gain on remeasurements of leases | (15.71) | – |
| – Gain on termination of leases | (2.59) | (5.74) |
| – Interest and other finance costs | 272.43 | 310.39 |
| – Unrealised (gain)/loss on foreign currency transactions and translation – (net) | 59.69 | 2.35 |
| – Share-based compensation expenses | (4.54) | 3.66 |
| Operating cash profit before changes in working capital | 1,636.17 | 1,547.84 |
| Movement in working capital | ||
| – (Increase) / decrease in inventories | 9.50 | (406.27) |
| – (Increase) / decrease in trade receivables | 164.48 | 115.57 |
| – (Increase) / decrease in other financial assets and loans | (19.27) | (33.49) |
| – (Increase) / decrease in other assets | (169.79) | 96.30 |
| – Increase / (decrease) in other financial liabilities | 70.57 | 127.69 |
| – Increase / (decrease) in trade payables | 902.86 | 11.78 |
| – Increase / (decrease) in other liabilities | 72.94 | (63.33) |
| – Increase / (decrease) in provisions | 38.48 | 26.66 |
| Cash generated from operations | 2,705.94 | 1,422.75 |
| Net income taxes (paid) / refund received | (128.52) | (123.67) |
| Net cash generated from / (used in) operating activities (A) | 2,577.42 | 1,299.08 |
| Cash flow from investing activities | ||
| – Payment for property, plant and equipment and other intangible assets | (1,111.76) | (820.58) |
| – Proceeds from disposal of property, plant and equipment and other intangible assets | 31.00 | 9.41 |
| – Interest received from banks on deposits | 3.92 | 4.76 |
| – Proceeds from/(investments in) margin money deposit with banks – net | (17.14) | 11.92 |
| Net cash generated from / (used in) investing activities (B) | (1,093.98) | (794.49) |
| Cash flow from financing activities | ||
| – Proceeds of long-term borrowings | 26.12 | – |
| – Repayment of long-term borrowings | (10.31) | (48.98) |
| – Proceeds from / (repayment of) short-term borrowings (net) | (1,787.03) | 390.58 |
| – Proceeds from / (repayment of) supplier finance arrangement (suppliers credit) (net) | 314.72 | (384.80) |
| – Proceeds from issues of shares (including share premium and net of share issue expenses) | 15.44 | 12.37 |
| – Dividend paid | (99.24) | (82.59) |
| – Proceeds from sale and lease back | 847.84 | – |
| – Repayments of financial liabilities towards sale and lease back | (85.04) | – |
| – Payment of lease liabilities | (262.56) | (245.42) |
| – Interest and other finance charges paid | (251.50) | (189.41) |
| Net cash generated from / (used in) financing activities (C) | (1,291.56) | (548.25) |
| Net increase / (decrease) in cash and cash equivalents (A+B+C) | 191.88 | (43.66) |
| Cash and cash equivalents at beginning of the year | 27.64 | 71.30 |
| Cash and cash equivalents at the end of the year | 219.52 | 27.64 |
| Particulars | March 31, 2026 | March 31, 2025 |
|---|---|---|
| (a) Cash on hand | 1.96 | 8.41 |
| (b) Remittance in transit | 5.33 | 14.74 |
| (c) Balances with banks: | ||
| – in current accounts | 212.23 | 4.49 |
| Total | 219.52 | 27.64 |
| Particulars | March 31, 2026 | March 31, 2025 |
|---|---|---|
| Acquisition of right-of-use assets | 264.52 | 739.81 |
| Acquisition of license rights | – | 90.71 |
| S. No. | Particulars | Details |
|---|---|---|
| 1 | Reason for Change viz appointment, resignation, removal, death or otherwise | Reappointment as Statutory Auditors. / Appointment as Chief Financial Officer. / Resignation from the position of Chief Financial Officer. |
| 2 | Date of appointment / cessation (as applicable) & term of appointment; | Re-appointment of Price Waterhouse Chartered Accountants LLP, as statutory auditors, for second term of five consecutive years i.e., from the conclusion of 27th AGM until the conclusion of 32nd AGM, subject to the approval of the shareholders at the ensuing AGM of the Company. / 16 May 2026 (Appointment) / 15 May 2026 (Cessation) |
| 3 | Brief Profile | Price Waterhouse Chartered Accountants LLP, Chartered Accountants, ICAI Firm Registration No. 012754N/ N500016. / Mr. Subhadeep Pal, is a qualified Chartered Accountant (ICAI) and holds a B.Com (Hons.) from Patna University. / NA |
| 4 | Disclosure of Relationship between directors (in case of appointment of a Director) | NA / NA / NA |