Q2FY23 Performance Update
Increasing Market for Non-Stick Cookware
Non-Stick Cookware and Indian Household Utility Products
16.8%
11,389
74.1%
10,367
67.0%
9,437
8,590
9.9%
7,819
7,117
21.0
18.0
15.4
13.2
11.3
9.7
2020
2021F
2022F
2023F
Value (INR Bn)
2024F
Volume ('000 Units)
2025F
CAGR
Company has prominent position in South India for non-stick cookware
·
Stove Kraft Limited is the 3rd largest market share (12.4%) by volume in Non-Stick Cookware
•
It enjoys a prominent position in the Non-Stick cookware market in the southern region
Stove Kraft Limited has one of the few facilities in India to have an automated roller coating line for
manufacturing of non-stick cookware
.
It offers special range of products which cater to the regional cuisine of Southern India
Latest innovation aimed at product efficiency and user convenience includes a new MIOTM non-stick
cookware range
-
Developed using latest Italian technology
ensuring high durability and smoothness
-
Range has 5 layer 'Scandia' coating
Frying Pan
242
216
Tawa
Kadai
Types of Non-Stick Cookware Used (%) in 2020
56.2%
6.4%
Ceramic
Cookware
1.9%
1.3%
Appachetty
Paniyarakk
al
Household Utility Products – Market INR Billion in 2018
144
Except for Company specific information, all other information on this slide has been obtained from the industry report prepared by Frost & Sullivan (India) Ltd. titled "Kitchen Appliances Market in India" dated December 16,
2019, read with the revised industry report dated November 24, 2020 ("F&S Report")
71
57
T
T
Water
Bottles
Dustbin
Flasks
Emergency
Lamps
Ladders
52
52
37
Floor Mop
Clothes
Drying Stand and Bucket
17
STOVEKRAFT
Others
35.1%View entire presentation