Stove Kraft Limited has announced the establishment of a new Chinese subsidiary, fully owned by the company. Additionally, they plan to form a joint venture with Ningbo Wochi New Materials, with an equal partnership share.

Stove Kraft reports a significant 32.4% increase in Q4 revenues for the fiscal year 2026 compared to last year, with overall revenue growth of 10.9%. Notably, induction cooktops have shown a robust 15.5% surge in revenue. With capital expenditure nearing completion, the company is focusing on expanding its retail presence.

Stove Kraft's Q4 FY26 results show a steep fall from previous periods, with profitability taking a hit compared to historical norms, indicating a downward trend for the company.

Stove Kraft has announced a final dividend payment of INR 3.5 per share for its stockholders. Shareholders stand to gain from this recommended distribution.

Stove Kraft's Q4 earnings before interest, taxes, depreciation, and amortization (EBITDA) increased by 8.3% year-over-year to ₹325 million. However, the EBITDA margin dropped from 9.58% to 7.85% during the same period.

Stove Kraft announces that CFO Ramakrishna Pendyala is stepping down, with his departure scheduled for May 2026. The company's board has accepted his resignation.

Stove Kraft has announced the appointment of Subhadeep Pal as its new Chief Financial Officer, with the position set to commence on May 16.

Stove Kraft reported a significant increase in Q4 net profit by four times, reaching INR 6 crore, driven by a 32.5% revenue growth to INR 414.5 crore. EBITDA also increased by 34.8%. The board has proposed a dividend of INR 3.5 per share, and shares ended the day at INR 565, marking a 1.87% rise.

Stove Kraft announces a dividend of Rs. 3.50 per share for the fiscal year 2026 following the approval of their audited results. Additionally, they have amended their ESOP plan. The company also announced the appointment of Subhadeep Pal as their new CFO, effective May 16, 2026, following the resignation of the previous CFO.

Stove Kraft has appointed a new CFO, marking a shift in financial leadership within the company. Details about the successor are yet to be disclosed.

According to a report in Economic Times, StoveKraft might see an increase in sales due to anticipated reductions in GST and import duties, potentially driving higher demand for their induction cooktops as prices drop.