Home > About Us
About Us
- OVERVIEW
- Corporate Profile
Stovekraft has established itself as India’s leading kitchen appliances brand, catering to the diverse needs of homemakers across the country. Our design philosophy is rooted in a pioneering spirit and a culture of continuous innovation. We have built a strong legacy with a forward-thinking vision that remains committed to sustainable design principles. At Stovekraft, we believe in innovation that consistently bridges the gap between food and design.
- 1000+ of product portfolio
- 6000+ of human capital
- 125000+ dealers spread across India
- 14+ countries with global presence
Stovekraft Limited, an ISO 9001:2008 certified company, stands as India's largest kitchen & home appliances manufacturer. Over the years, we have consistently evolved, leveraging technology to transform routine kitchen tasks into pleasant and enjoyable experiences.
Our flagship brands, Pigeon and Gilma, each bring unique consumer propositions backed by robust marketing strategies. With a network of over 75,000 dealers across the country, we offer premium kitchen solutions across a broad range of products, including air-fryers, pressure cookers, non-stick cookware, glass-top and induction cooktops, ovens, mixer grinders, electric choppers, chimneys, and hobs. Safety, social responsibility and equal employment opportunities are fundamental to our values, with a dedicated team of 6,000+ employees supporting our mission.
At Stovekraft, we are committed to excellence in the design, manufacture, and delivery of our products. In a rapidly changing world, we are also focused on minimizing our environmental impact through responsible manufacturing practices.
Our global presence spans the Middle East, Kenya, Uganda, Sri Lanka, Fiji, Bahrain, Kuwait, Oman, and Tanzania. We are proud to serve prestigious international clients, including Walmart, Big Lots, and Belk in the USA.
Our state-of-the-art manufacturing facilities are located in the Harohalli Industrial Area near Bengaluru and in Baddi, Himachal Pradesh. Through continuous innovation and the use of advanced technologies, we strive to deliver the highest quality products and services to our valued customers.
Our Vision
To be recognized as a leading kitchen appliances company across the globe by creating an impact on the environment using sustainable products while reducing the carbon footprint for our clients around the world.
Our Mission
To set up the next generation of products with the highest quality standards through a qualified team. We provide a unique experience for our customers in the field of integrated kitchen appliances. Also, to enhance our customer experience & satisfaction by supplying the best products and services.
- Milestone
- CSR
- Manufacturing
- Board of Directors
Started by manufacturing kerosene wick stoves
Became the largest manufacturer of LPG stoves in India
Became an ‘incorporated’ company, with brands like BPL, Marlex & Inalsa as our OEMs
Granted trademark registrations for Gilma
Granted trademark registrations for Pigeon
Commenced manufacturing at Baddi Unit Himachal Pradesh
Inaugurated the 50th exclusive Gilma store, owned by the company
Tied-up with leading petroleum marketing companies like IOCL, BPCL & HPCL
Moved to India's largest single-location manufacturaing facility, in Bangalore
Investments by SIDBI, Received factory licence for Unit 1 of the Bengaluru facility
Had a private equity infusion by Sequoia Capital to fuel the next stage of our growth
Crossed ₹ 5000 Mn in revenues.
Setting up of automated Italian Plant to manufacture non-stick cookware, with annual capacity of 7.2 Mn units
Commenced exports to USA
Granted certificate of registration of design for our product 'pressure cooker'
Entered into an exclusive brand licensing agreement with Stanley Black & Decker Inc. and The Black and Decker Corporation.
Shifted to a world-class corporate office
Achieved sales of 9.1 Mn units
Commenced the manufacturing of Pigeon LED products in Bengaluru and inner lid cookers in Baddi.
Automated our Roller Coating Unit. Commenced production of handy chopper, thermometer and PCB for LED bulbs and batten.
Increased production capacity for induction cooktop, LED bulbs and pressure cooker.
IPO with listing on NSE and BSE with valuation of over ₹ 1500 Cr. Initiated investments in renewable energy for captive power consumption.
We expanded our reach by launching the "Pigeon Exclusive Store" concept. This strategic move has significantly enhanced our presence in the retail sector.
Within just 14 months of inaugurating our Retail Division, we proudly opened our 100th store. This milestone underscores our rapid growth and successful market penetration.
Our excellence in retail was recognized with the "Retailer of the Year" award by the Asia Retail Congress. This accolade highlights our commitment to innovation and superior retail performance. At present, we have established 200 stores in the South (176), NCR region (27), and West of India (2).
Enriching Life and Well-being
Addressing a critical water shortage in a village near our factory, Stovekraft took proactive measures to resolve the issue by drilling a borewell. This borewell now serves over 250 families, providing a reliable source of water for both drinking and domestic purposes. Local authorities have integrated this new resource into their water supply scheme, significantly improving the villagers’ quality of life. The successful implementation of this initiative has not only alleviated the water crisis but also empowered the community to utilize this resource effectively in their daily activities.
Scaling Up Road Infrastructure
In our dedication to balancing economic growth with environmental and social responsibility, Stovekraft undertook the construction of a 500-foot concrete pathway in front of our factory, which had previously been washed away during heavy rains. This infrastructure enhancement has facilitated convenient parking for our employees and supported local farmers by providing a platform to sell fresh produce directly to our workforce. This initiative has not only improved operational efficiency but also strengthened community ties.
Interventions in Primary Education
At Stovekraft, we firmly uphold the belief that every individual deserves the Right to Education. Our commitment to this fundamental principle is reflected in our various projects aimed at supporting the education of marginalized and underserved communities. Our journey began in 2010 with the sponsorship of construction materials and the renovation of local government primary school buildings. We further enhanced the learning environment by providing essential classroom furnishings, such as benches and tables, ensuring that students no longer had to sit on the floor. Additionally, we initiated an annual program to supply books and stationery, continuously supporting students’ academic needs.
Quality
Stovekraft Limited is ISO 9001:2015 certified, affirming our dedication to designing and manufacturing world-class kitchen appliances. Our products also bear the distinguished ISI certification, signifying their adherence to high-quality standards. We collaborate with local vendors for raw material supply and employ automated statistical process control systems to ensure consistent product excellence. Our commitment to continuous improvement is supported by the Kaizen method, with our quality assurance team overseeing planning, observation, and inspection to meet customer expectations.
- Safety
- Product durability
- User-friendly features
- Product efficiency
Innovation
Stovekraft is synonymous with continuous innovation. Our fully integrated manufacturing facility upholds rigorous quality standards to ensure that every product meets the highest benchmarks. We are committed to advancing our products with the latest updates and features, consistently introducing new innovations to delight our consumers. Our decentralised corporate structure allows us to adapt swiftly to global market dynamics and transform ideas into effective solutions. We lead the industry in anti-scratch, induction-based cookware and are honored to have received the prestigious IDESIGN Award for the Pigeon Super Storm Mixer Grinder.
Process
Our dedication to achieving the highest quality is evident in our 100% Made-in-India cookware production. We leverage cutting-edge technology and maintain a highly automated plant, which is among the most advanced in the industry. This enables us to produce a diverse range of cookware with non-stick coatings. Our meticulous quality control process spans from raw material selection to the final product, ensuring compliance with 100% quality standards.
This commitment is reflected in our low product return rates and adherence to ISI-certified raw materials.
- Deep Drawing
- Friction Press
- Polishing and Grinding
- Packing
With strict quality controls complete the production cycle, from raw materials to the finished product, ensuring a 100% quality standard compliance for all end products which is reflected by our product return numbers.
Technology
Stovekraft’s cutting-edge technology addresses key concerns related to safety and durability. Our cookware uniquely combines the superior attributes of non-stick coatings with the robust qualities of stainless steel. Utilizing state-of-the-art technology, we produce exceptionally durable non-stick surfaces enhanced by distinctive steel peaks that radiate across the pan, providing effective protection against scratches.
We are so confident in the resilience of our cookware that we provide metal utensils with our products. Additionally, our cookware offers exceptional ease of cleaning, transforming your cooking experience. Our products deliver the performance of steel with the effortless maintenance of non-stick surfaces.
At Stovekraft, we continually pioneer advancements in cookware technology, ensuring our products meet the highest standards of quality and durability. Our innovations are designed to set industry benchmarks and are engineered to last a lifetime, providing you with the confidence to excel in your culinary endeavours.
MR. RAJENDRA GANDHI
Managing Director
Mr. Rajendra Gandhi is the founder of our company and has over 21 years of industry experience. With his entrepreneurial acumen, he has built stove kraft to become one of the leading brands for kitchen appliances in India and has been on the Board since 1999. He continues to be closely involved in the day-to-day affairs of the company and is instrumental in promoting Stove Kraft’s culture of innovation.
MRS. SUNITA RAJENDRA GANDHI
Non-Executive Director Mrs. Sunita Rajendra Gandhi is promoter of the Company. She was appointed as an additional non- executive director of the Company w.e.f. 2 nd February 2023. She completed her senior secondary certificate examination from SS Jain V High School, Secunderabad. She was also director of the Company from 10 July 2004 till 30 September 2016. She has contributed towards the growth of Company since inception with her support to Mr. Gandhi.
MS. NEHA GANDHI
Executive Director
Ms. Neha Gandhi holds a Bachelor’s degree in Business Administration from Christ University, Bengaluru and has completed a Postgraduate certificate programme in Sales and Marketing Management from MICA (formerly Mudra Institute of Communications, Ahmedabad). She has served as a Graduate trainee at Viacom 18 Media Private Limited.
MR. ANUP S SHAH
Independent Director
Mr. Anup Shah holds a bachelor’s degree in commerce from HR College, Mumbai, and a degree in law from Government Law College, Mumbai. He has over 36 years of experience in the field of law, specifically real estate law. Since founding his own firm in 1993, he has advised developers, builders and foreign and domestic investors in structuring real estate transactions, leases, development agreements and joint ventures. He specialises in commercial and property documentation, corporate and commercial litigation, property related issues, land laws and arbitration and alternative dispute resolutions. He is the Founder Partner of Anup S Shah Law Firm in Bangalore
Mr. Natrajan Ramakrishna
Independent Director
A qualified Chartered Accountant, Mr. Natrajan Ramakrishna (holding DIN 06597041) has an experience of over forty years in the accounting profession focusing mainly on Generally Accepted Accounting Principles (GAAP), IFRS, IndAS and Auditing. His areas of core competencies include Board and Corporate Governance Consulting, Financial Reporting, laying down Culture & Values Frameworks, Risk Management frameworks and Operational Excellence. He has extensive knowledge and experience in handling cultural integration. Having worked with some large International Accounting firms he has gained immense experience with boards and committees as to laying down policy frameworks relating to Business Resilience and Continuity Planning. He has a proven track record of work spread over various sectors focusing on Information Technology, Financial Services, FMCG Companies and Telecom. He has been a speaker at several conferences and professional forums.
MRS. SHUBA RAO MAYYA
Independent Director
Mrs. Shuba Rao Mayya holds a Bachelor’s degree in Commerce from the University of Mumbai and is a Chartered Accountant with the Institute of Chartered Accountants of India. She has previously worked with ICICI Limited, ICICI Prudential Life Insurance Company Limited and Tata Consultancy Services Limited. She also serves as a Director on the board of Ace Manufacturing System Limited and Happiest minds Technologies Limited.
Mr. Avinash Gupta
Independent Director
Mr. Avinash Gupta, (holding DIN 02783217), is a highly experienced, execution-focused senior leader with a strong, global background and brings more than 3 decades of experience and a vast network of business relationships. Avinash has worked extensively in financial services including M&A, equity and debt financing, private equity placement and advisory across the EMENA and Asia. Prior to joining Dun & Bradstreet in 2021, he worked with Rabo Equity Advisors where he was the Managing Director since 2018. Over the years, he has held various leadership positions including recently as Head of Deloitte India's Financial Advisory Services business. He has worked in senior positions across geographies and products in various institutions such as HSBC, UBS, Barings, Citibank, Falcon Capital, and Alpen Capital. In his initial years in the USA, he also worked as an equity analyst covering the Oil Services sector at Wedbush Morgan Securities (Los Angeles) and Howard Weil (New Orleans). Mr. Gupta has an MBA from the A.B. Freeman School of Business, Tulane University (Deans List with full fellowship) and a B.Tech. in Mechanical Engineering from the Indian Institute of Technology, BHU Varanasi. He is member of the National Executive Committees of Federation of Indian Chambers of Commerce and Industry (FICCI) and Associated Chambers of Commerce and Industry of India (ASSOCHAM).